A-share market review: Shanghai Composite Index falls below 3,000 points! Weight-loss drugs and water conservancy sectors bucked the trend and rose sharply.

Today, the major A-share indexes continued to fall, and the Shanghai Composite Index fell below 3000 points. At the close, the Shanghai Composite Index fell by 0.24% to 2998 points, the Shenzhen Component Index fell by 0.04%, and the Chinext Price Index fell by 0.39%. Nearly 2700 stocks fell, with a total market turnover of 619.6 billion yuan, a decrease of 104.8 billion yuan from yesterday. This week, the Shanghai Composite Index fell by 1.14%, the Shenzhen Component Index fell by 2.03%, the Chinext Price Index fell by 1.98%, and the CNI 50 fell by 1.93%. On the market, the education sector which saw a big rise yesterday, fell back today with Kingswood Education Technology falling by over 6%; the EDR concept fell with Hangzhou Hopechart IoT Technology Co., Ltd down over 18%; the Chiplet sector also fell.

Gelonghui FinanceJun 21 03:28 ET

Financial Morning News: The central bank has once again tightened the offshore market's renminbi liquidity. The amount of A-share buybacks this year has exceeded that of 2023.

New explosive policy in real estate! Government acquisition range expanded to county-level cities, experts say it can achieve a four-in-one effect. On June 20th, the Ministry of Housing and Urban-Rural Development held a video conference on the acquisition of existing commodity housing for use as affordable housing. At the meeting, the Ministry of Housing and Urban-Rural Development clearly stated that all regions should promote the effective acquisition of existing commodity houses for use as affordable housing in counties and cities above the county level. The Ministry of Housing and Urban-Rural Development stated that based on the local real estate market conditions, comprehensive consideration should be given to factors such as the actual demand for affordable housing, the inventory level of the commodity housing market, etc., in accordance with the principle of 'government leadership, market-oriented operation'.

新浪證券Jun 20 19:48 ET

How many more potential risks are there in the market ahead?

It's time to test faith again.

Gelonghui FinanceJun 18 08:41 ET

A-share review: New energy stocks explode! Photovoltaics and solid-state batteries have soared, and the non-ferrous metals market continues

On May 29, the three major A-share indices fluctuated and declined. The Shanghai Index rose 0.05% to 3111 points, the Shenzhen Stock Exchange Index rose 0.25%, and the GEM Index rose 0.27%. Over 2,700 shares rose and traded 708.4 billion yuan throughout the day. On the market, the small metals and non-ferrous metals sectors are active; the situation in the Middle East heats up, the gold and precious metals sectors strengthened, and Hunan gold rose and stopped; the photovoltaic equipment sector rose, solid state batteries and other sectors rose, while AIPC, travel hotels, and carbon fiber had the highest gains. In addition, the ST sector fell sharply, and more than 20 stocks including ST Elken fell to a halt; the shipbuilding sector declined, the virtual power plant sector pulled back, and automobile services

Gelonghui FinanceMay 29 03:30 ET

A-share review: Shanghai index rose 1.14%! The “national team” took action, and the semiconductor and photoresist sectors exploded

On May 27, the main A-share index fluctuated and weakened in early trading today and pulled up at the end of the session; by the close, the Shanghai index rose 1.14% to 3124 points, the Shenzhen Stock Exchange Index rose 0.88%, and the GEM index rose 0.68%. Nearly 3,400 shares rose, and traded 774.8 billion yuan throughout the day. On the market, the electronic chemicals sector soared in the afternoon, and many stocks such as Yangfan New Materials rose and stopped; the third phase of the National Fund was established; the semiconductor sector strengthened across the board in the afternoon, leading the way in the direction of SMIC concepts and memory chips, etc.; lithography machines and photoresist concepts boosted; and sectors such as virtual power plants, UHV, and shipping ports registered the highest gains. The photovoltaic equipment sector declined, and the chicken concept declined

Gelonghui FinanceMay 27 03:47 ET

A-share review: The GEM index fluctuated and closed up 0.88%, and the PV sector stopped rising and stopping at full screen

On May 22, the three major A-share indices rose collectively. The Shanghai Index rose 0.02% to 3158 points, the Shenzhen Stock Exchange Index rose 0.12%, and the GEM Index rose 0.88%. More than 3,100 individual stocks rose in the entire market, with a turnover of 831.2 billion dollars in the Shanghai and Shenzhen markets, an increase of 31.9 billion dollars over the previous trading day. On the market, the photovoltaic sector exploded across the board, leading in the direction of HIT batteries, perovskite batteries, and BC batteries; the real estate sector rose and stopped; the AI PC sector rebounded, and Yingli shares rose and stopped by 20cm; and sectors such as energy efficiency in buildings, glass substrates, and high-speed copper cable connections registered the highest gains. Also, the pet economy sector

Gelonghui FinanceMay 22 03:29 ET