China News Service, October 10th. On the first trading day after the holiday, A shares showed a wide adjustment again, the Shanghai Composite Index fell below the 3,000 point mark, and the two major stock indexes in the Shenzhen Stock Exchange fell by more than 2%.
As of the close, Shanghai Composite Index fell 1.66% to 2974.15 points; the Shenzhen Component Index fell 2.38% to 10522.12 points; and the ChiNext Index fell 2.30% to 2236.24 points.
Semiconductor sector stock decline list
On the market, the industry sector almost fell, and semiconductor, hotel and catering, brewing, tourism, components and other sectors fell sharply. Five semiconductor stocks including Anji Technology and Haiguang Information fell to the limit, and another 13 stocks fell by more than 10%; only the oil, agriculture, forestry, animal husbandry, fishery, coal, gas supply and heating sectors rose. The concept sector of
generally fell, with chicken, pork, combustible ice , shale gas and other sectors leading the gains, while automotive chips, lithography machines , EDA concepts, chips, liquor concepts, MCU chips and other sectors leading the declines.
As of the close, the rise and fall ratio of all trading stocks in Shanghai and Shenzhen was 841:3996, with 35 stocks hitting the daily limit in the two markets and 61 stocks hitting the daily limit.
In terms of northbound funds, northbound funds had net inflows of more than 2.8 billion yuan throughout the day, of which Shanghai Stock Connect had inflows of more than 300 million yuan, and Shenzhen Stock Connect had inflows of more than 2.5 billion yuan. In terms of
stocks, the stocks that hit the daily limit today are as follows: Jingyeda (9.99%), Qianhe Flavor Industry (10.01%), Rongji Software (10.00%), Zhongke Jincai (10.02%), and Haitai Development (9.89%). The stocks of
hit the limit are as follows: Green Harmonic (-20.00%), Ruihe Co., Ltd. (-9.93%), Guochuang Hi-Tech (-9.82%), Eston (-9.99%), and Zhonglu Co., Ltd. (-10.01%). The top five stocks with turnover rate of
are: Fuchuang Precision, Ziyan Food , Rainbow Group, Liren Technology, and FantuoShuChuang, respectively, which are 67.985%, 51.621%, 50.499%, 44.894%, and 43.314%, respectively.
Galaxy Securities pointed out that the main factors that restrict the market and the biggest risks are the intensification of global economic downturn. This round of inflation, overseas countries have a clear attitude towards hiring rate hiring , and the expectation of hiring rate hiring will further bring about the intensification of global economic downturn risks. The expectation of overseas recession has increased, suppressing A-share hiring risk preference , and this factor is difficult to see positive changes in a short period of time, and the interest rate hiring cycle may continue until next year. Therefore, under the suppression of overseas risk factors, it is difficult for A-shares to have trend opportunities, and medium-term fluctuations are the main ones.
Aijian Securities analyzed that during the holidays, overseas markets fluctuated significantly, but there were no obvious risks. Currently, the market valuation is low and the safety margin is high, so market sentiment recovery expectations have been strengthened. It is not advisable to be too pessimistic at present. The game characteristics of existing funds remain unchanged, and trading opportunities are expected to increase. Of course, the short-term upward momentum is also limited, and the market is mainly fluctuating. (China Business Network APP)
(The views in the article are for reference only and do not constitute investment advice. Investment is risky, so be cautious when entering the market.)
