Today, the Shanghai Composite Index opened high and closed low, falling below 2600 points, and the trend stabilized in the afternoon. Bank stocks rose strongly in the late trading. Blue-chip sectors such as insurance, securities, and super brands collectively pulled back sharply, and the downward momentum was very strong. The securities sector led the decline, and real estate rose against the trend, leading the rise in the two markets. 12 stocks in the sector hit the daily limit, and coal, public transportation and other sectors rose against the trend, with the highest increase.
As of the close: the Shanghai Composite Index fell 0.19% to 2598.85 points; the Shenzhen Composite Index fell 0.33% to 7504.72 points; the ChiNext Index fell 0.82% to 1263.19 points. In terms of
sector: real estate, coal mining and processing, bus and other sectors have the highest gains, while securities, insurance, super brands and other sectors have the highest declines.
Peripheral situation: The three major U.S. stock indexes have rebounded sharply, the Dow Jones Industrial Average rose by more than 400 points, and large technology stocks rose collectively, boosting the Nasdaq to rise by about 3%, and the S&P 500 rose by nearly 2%. Asia-Pacific stock markets fell collectively, with the South Korean comprehensive index leading the decline. Tokyo Nikkei index fell 0.40% to close at 21,185 points; Taiwan's weighted index fell 0.33% to close at 9,489 points; South Korea's comprehensive index fell 1.75% to close at 2027 points.
news: Tencent expands the scope of "Honor of Kings" mandatory public security real-name verification, adding eight new cities; the scale of Yu'ebao increased by more than 32 billion, and the total scale increased to 1.93 trillion; China Logistics Information Center : The total social logistics volume in the country may increase by about 6.5% year-on-year this year; Guo Shuqing, Chairman of the China Banking and Insurance Regulatory Commission: Accelerate the development of commercial pension insurance; Pan Gongsheng: I will observe and evaluate the effectiveness of private enterprise bond financing support tools to determine whether to expand the scale; Alibaba and YNAP, the world's largest luxury e-commerce under Rifeng Group , have established a joint venture; the State Administration for Market Regulation: It will continue to promote the reform of enterprise registration facilitation.
Huaxin Securities believes that there are still two major concerns in the market. First, the external market is still short, and the downward pressure on US stocks is gradually emerging. Many European stock indexes may hit new lows in this round of adjustment, which has a negative transmission effect on A shares . Judging from the historical market, if the US stock market falls sharply, it will be difficult for A-shares to survive. Second, what the economic data in September feedback to the market is that there is no marginal improvement at the economic level, so the sharp rise in the A-share market last Friday and this Monday was basically driven by investors' risk preferences; so after two days of concentrated emotional venting, investors have slowly returned to rationality. Under the non-society-dominated market, the logic of continuous sharp rises is obviously far-fetched. Finally, from a technical perspective, the Shanghai Composite Index closed at 2603 points on Wednesday, not only failed to reverse the negative line on Tuesday, but instead closed a K-line that encountered a resistance line. This may mean confirmation of the upper resistance level, and the short-term index operation may be in a deadlock again.
Yintai Securities said that judging from the operation of A-shares, the market's long momentum is gradually gathering, and the opportunity for rebounding between the two markets still exists. Based on optimistic expectations for the market after the holiday, funds actively entered the market before the long holiday to promote the continuous upward rebound of the Shanghai and Shenzhen stock markets. The Shanghai Composite Index once stood above the 2800-point integer mark. Although the sell-off after the holiday blocked the market's rebound process, the rise before the holiday still clearly reflects that the momentum of funds going long is gradually gathering. At the same time, judging from the performance of the market on Friday last Friday, against the backdrop of continued sharp decline in US stocks overnight, Shanghai and Shenzhen stock markets were the first to stabilize and rebound, which also indicated that A-shares have been resilient. With the continuous decline of the index, the willingness of capital participation has gradually increased. From this perspective, the market rebound opportunity that began before the holiday still exists, and investors should not be blindly pessimistic about the future market.
Shenguang Finance View: Today, the Shanghai Composite Index opened high and closed low, falling below 2600 points, and the trend stabilized in the afternoon. Blue chip sectors such as insurance, banking, securities, and super brands collectively pulled back sharply, and the downward momentum was very strong. The securities sector led the decline, and real estate rose against the trend, leading the rise in the two markets. 12 stocks in the sector hit the daily limit, and coal, public transportation and other sectors rose against the trend, with the highest increase. Judging from the market performance, the securities sector that rebounded strongly in the early stage had a good decline in this round of pullback, indicating that the main force has a strong willingness to go long, and the market fluctuated and stabilized in the afternoon, further indicating that the market's short selling force is weak now. This pullback is a good opportunity for everyone to enter the market. You can actively go long on dips and grasp this wave of intermediate rebound. In terms of operation, it is recommended to focus on: securities, white horses, natural gas, banks and other sectors.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-