Today The market continued to fluctuate slightly throughout the day, with the Shanghai Composite Index rising and falling at 3100 points. Large-cap stocks continued their strength yesterday, causing the Shanghai Composite Index to turn red. As of the close, the Shanghai Composite Index rose 0.26%, the Shenzhen Component Index fell 0.27%, and the ChiNext Index fell 0.14%. Both the Shenzhen Component Index and the ChiNext Index closed with crosses.
industry sectors, electricity, automobile services, power equipment , gas and other gains , , , pharmacy continues to plummet, and one-day tours of education and communications have appeared. Semiconductors adjusted for four consecutive trading days, and today hit bottom and rebounded. In terms of the concept sector, Chinese stock continued to lead the rise, and China Railway Assembly's second consecutive board, with a sharp rise of 40% in two days. Other concepts are the stagflation of in the early stage, and there is not much attention to it. Medical-related concepts include COVID-19 treatment and influenza, etc., which continue to plummet.
Tomorrow's view
Although the Shanghai Composite Index closed red today, the overall market is still very weak, and it is supported by the large-cap stocks. After 6 trading days of adjustment in the market, the funds and popularity have been consumed too much. The Shenzhen Component Index and the ChiNext Index have a trend of bottoming out and rebounding, but the market needs an big positive line, , to boost popularity again, and it is still bearish at present.
The above views are purely personal analysis and do not constitute any investment advice.
