Author: Tachibana
The Shanghai Composite Index fell 2.35% and fell below 3,300 points. The ChiNext Index fell for 6 consecutive yin, and more than 4,200 stocks fell in the two markets.
On March 8, the three major A-share indexes opened mixed on Tuesday. The market continued to fall in early trading. The Shanghai index fell 2% and once fell below 3,300 points, hitting a new low since November 2020. The ChiNext index also hit a new low in more than 16 months. , the Shenzhen Component Index once fell by more than 3%; A-shares rebounded in the followingnoon, and the ChiNext Index took the lead in turning red, but the market weakened once more in late trading.
As of the close, the Shanghai Composite Index fell 2.35% to 3,293.53 points, the Shenzhen Component Index fell 2.62% to 12,244.5 points, and the ChiNext Index fell 1.8% to 2,582.99 points. The total turnover of Shanghai and Shenzhen stock exchanges was 1,109.96 billion yuan, which has exceeded 1 trillion yuan for two consecutive trading days; the actual net outflow of northbound funds was 8.787 billion yuan. 25 stocks in the two cities rose by the daily limit, 84 stocks fell by the limit (including ST shares), more than 4,200 stocks in the two cities fell, less than 500 stocks rose, and 148 stocks fell by more than 9%.
In terms of industry sectors, only semiconductors rose slightly, precious metals, communication services, electronic chemicals, photovoltaic equipment, etc. were relatively resilient, while traditional Chinese medicine, pharmaceutical business, energy metals, medical equipment, and biological products fell the most; Concepts such as brokerages and automotive chips are active.
Plate
On the disk, the semiconductor industry thriving; traditional Chinese medicine, medical equipment, biological products, energy metals, coal, gas, shipping ports, logistics, aerospace and other top decliners. In terms of subject stocks, the concept of eastern and western computing is relatively resilient. New crown drugs, Sino-Russian trade concept, assisted reproduction, genetic modification, hair medical treatment, baby concept, new crown detection, traditional Chinese medicine concept, salt lake lithium extraction and other sectors fell the most.
The concept of automotive chips rose in intraday trading on the 8th, led by Fullhan Microelectronics and Dongxin Co., Ltd., and Xinjie Energy, Yangjie Technology, Beijing Junzheng, Jingfang Technology, and Zhaoyi Innovation all increased.
Institutional interpretation
Yuanda: The current position is still to control the position and wait for the opportunity following the sentiment picks up. In the medium term, the market rebound in the later stage once morest the background of stable growth is still worthy of attention. Once the external factors are alleviated, A-shares should also have a strong recovery trend. At the technical level, several major indexes have fallen below their previous lows to complete a large decline structure. After the daily level bottom deviates, it is expected to rebound. Therefore, it is not recommended to blindly cut the meat at the current position, and control the position and wait for the later opportunity to increase the position.
Jufeng Investment Consultant: According to experience and past laws, following continuous adjustment and rapid decline here, along with the downward resonance of the index and the deviation of the technical side, a strong rebound in a single day will also appear, and a Zhongchangyang may be ready to appear. For aggressive investors, they can continue to make strategic allocations during short-term index adjustments, while for stable investors, they can wait patiently for the signal of market stabilization before making new decisions.
Guangzhou Bandung: The market has been greatly affected by external disturbances recently. However, according to historical experience, once the event is over, it will be repaired and the current event is likely to come to an end. Overall, there is no need to panic, and the GEM will be used as a wind vane to pay attention to the energy market. Whether to stabilize the position to adjust the position, currently continue to control the position and focus on the main line of the two sessions, the main line of the two sessions continues to focus on the three-child pension, medicine, etc., and the Russian-Ukrainian line focuses on agriculture, infrastructure, energy, and metals.
Western Securities: With the advent of the first quarterly report verification period, new energy, semiconductor, pharmaceutical, military and other booming track leaders are expected to usher in phased repairs, and agriculture, food, textile and clothing and other essential consumption sectors benefiting from inflation expectations are also expected to usher in. Performance repair. In the medium term, offline economic recovery-related industries such as social services, retail, catering, and shipping are also ushering in a layout window.Return to Sohu, see more
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