Sino-Singapore Jingwei Client, August 17th. On Tuesday (17th), the three major A-shares fluctuated within a narrow range in the morning, and their decline accelerated in the afternoon.
The whole market is almost full of ink, and semiconductor chips, medical services, CRO, and liquor have become the main decliners; military stocks have moved, and Xinyan shares have reached their daily limit during the trading session, and securities firms and infrastructure stocks have shown a slight defensiveness.
The turnover of the two cities reached 1.3 trillion yuan, with 3800 stocks floating green.
Screenshot source: Flush iFinD
As of the close, the Shanghai Composite Index fell 2% to 3,46.98 points.
The Shenzhen Component Index fell 2.33% to 14,350.65 points.
The ChiNext Index fell 2.34% to 3,22.15 points.
On the disk, sectors such as airport shipping and cobalt led the two markets, and sectors such as winemaking, semiconductors, and healthcare were among the top decliners.
Liquor stocks fell sharply, and the wine industry was willing to drop by the limit. Huangtai Liquor, Shanxi Fenjiu, Jiugui Liquor, etc. fell sharply, Wuliangye, Yanghe shares fell more than 4%, and Kweichow Moutai fell nearly 4%.
As of the close, the ratio of all trading stocks in the Shanghai and Shenzhen stock markets was 600:3800, with 42 stocks trading at a daily limit and 28 stocks trading at a daily limit.
In terms of northbound funds, the net inflow of northbound funds exceeded 5.1 billion yuan throughout the day, including more than 2.2 billion yuan in Shanghai Stock Connect and 2.9 billion yuan in Shenzhen Stock Connect.
In terms of individual stocks, today's daily limit shares are as follows: China Power Construction (9.96%), Shengtong shares (9.98%), Hongda shares (9.94%), Zhongtai shares (20.02%), Hualian Supermarket (10.07%).
The lower limit shares are as follows: Tianyong Intelligent (-9.99%), Baoguang (-9.96%), Sanmei (-9.98%), Fuling Power (-9.97%), Costa (-10.00%).
The top five stocks with turnover rate are: Onestone, Nenghui Technology, Shenzhen Institute of Planning, Zhiyuan New Energy, and Zhejiang New Energy, which are 75.511%, 75.215%, 64.433%, 61.414%, and 55.897%, respectively.
Wanhe Securities said that the market continues to fluctuate and continues to focus on growth stocks.
The current market continues to maintain high sentiment, but due to more disturbance factors, the overall trend remains volatile.
The market has been plagued by three aspects in recent days, one is the driving force of economic growth; the other is liquidity; and the third is policy.
The main logic of the current market has not changed, and it is still profit-driven, but the short-term disturbance factors have not been eliminated and will continue to fluctuate.
The industry can focus on machinery and equipment, medical biology, and electronics.
Yuekai Securities believes that in August, the A-share market is in a period of turbulence, and the disturbance of domestic and foreign macro risks will increase.
At the trading level, growth stocks that have experienced excessive gains, high expectations, and overcrowded trading in the previous period may be at risk of making up for losses in the short term.
However, there is no systemic risk in the mid-term A shares. It is expected that after the market undergoes certain turbulence and consolidation, high-prosperity growth stocks will remain the main line of A shares. Investors can actively grasp the layout opportunities brought about by short-term adjustments.
(Zhongxin Jingwei APP)
(The opinions in the article are for reference only and do not constitute investment advice. Investment is risky and you need to be cautious when entering the market.)