China News Agency, Beijing, August 2 (Reporter Chen Kangliang) On the 2nd, China's A shares suffered adjustments, and all major stock indexes fell.
Among them, the representative Shanghai Composite Index fell more than 2%, falling below the 3,200-point mark.
As of the close of the day, the Shanghai Composite Index reported 3,186 points, a decrease of 2.26%, with a turnover of 476 billion yuan (RMB, the same below); the Shenzhen Component Index reported 12,120 points, a decrease of 2.37%, and a turnover of 705.2 billion yuan; the ChiNext Index reported 2,678 points, a decrease of 705.2 billion yuan. 2.02%.
Yang Delong, chief economist of Qianhai Open Source Fund, said that on the whole, with China's economic recovery continuing, it is unlikely that the market will fall sharply.
The stock market is a barometer of the economy. As the economic growth rate picks up in the second half of the year, China's economy has advantages compared to the European and American economies that are in the stage of stagflation.
It is expected that A-shares are still more likely to outperform European and American stock markets in the second half of the year. Investors should not be too pessimistic about the A-share market in August.
In terms of specific sectors, most of the A-share sectors fell on the day, but the shipbuilding sector rose against the trend.
According to data from financial data service provider Oriental Fortune, the shipbuilding sector rose more than 2% on the day, leading the gains in A shares.
Zhang Chi, an analyst at Kaiyuan Securities, said that it is expected that a new round of rising cycle in China's shipbuilding industry may have begun.
Looking forward to the future, a new round of centralized ship delivery cycle may start as soon as 2023.
On the one hand, the replacement of ships with new environmental protection regulations may increase and speed up the demand for centralized delivery of ships; Prices may tend to rise in an environment of tight supply and demand.
Shipbuilding enterprises are expected to benefit from the rise in volume and price and improve profitability.
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