The market was in the doldrums in early trading and the index fluctuated downwards. the intraday Prev index fell as low as 0.78%, the Shenzhen Composite Index fell 1.85%, and the gem index fell as much as 2.65%. The market situation changed at 10:45. Driven by the Chinese prefix and the traditional white horse, the index began to rise rapidly. The Shanghai and Shenzhen Index closed red. The Prev closed at 3574 points, up 0.86%, the Shenzhen Index closed at 14374 points, up 0.32%, and the gem Index closed at 3214 points, down 0.02%.
On the disk, early trading was affected by the lower-than-expected performance of big white horses such as Zhongshun Jie Rou and "soy sauce grass" Haitian flavor industry, and the market sentiment was significantly depressed.
Overall, insurance, securities, cement, construction machinery, infrastructure, liquor, and other sectors led the rise, with the Chinese prefix rising collectively, while China Shipping, China Communications and Construction, and China Rallway rose by the daily limit.
Conceptually, third-generation semiconductors, electronic manufacturing and industrial mother machines led the decline.
Lithium mining stocks were adjusted across the board, with Ganfeng Lithium and Tianqi both falling by the daily limit. Yahua Group, Mount Qomolangma in Tibet and Shengxin Lithium Energy all fell by more than 6%. The photovoltaic plate fell sharply, with nearly 20 shares falling more than 9%. Jinchen shares, Jing'ao Technology, Haiyuan compound Materials, Star Technology fell by the limit. Military stocks collectively fell in early trading, while North Motorcycle Hi-Tech and Western Materials fell by the limit, while Eloda, Zhenhua Technology, Aviation Power, and Western Superconductor fell more than 5%.
On the news side, affected by the reduction of large funds of the "national team", the third-generation semiconductor plate continued to decline recently, and Easite once dived and fell by more than 18%.
Galaxy Securities said that looking forward to September, the current market liquidity is still abundant, the possibility of systemic risk in September is low, but the upward momentum of the market is insufficient, we still need to pay attention to the risk, and the structural market probability of style rotation is high.
Shanxi Securities said that the interim results of listed companies have been announced, the overall price-to-earnings ratio of the market has declined, with a substantial increase in trading volume, some of the underlying chips are over-concentrated, and investors are advised to properly control the risk.
What is noteworthy is that the turnover on the Shanghai and Shenzhen stock markets once again exceeded 1 trillion yuan in half a day, breaking the trillion yuan for the 31st consecutive trading day. On the whole, northbound funds also continue to strengthen A-shares, with a net inflow for 11 consecutive months. In early trading today, the net inflow of northbound funds has exceeded 6 billion yuan.