Original title: Rhino Watching the Market 5.6: The Shanghai Index fell 2.16%, and the Internet e-commerce sector was strong throughout the day
Author: Starfire
On May 6, the broader market opened lower in the morning and fluctuated at a low level throughout the day. Although there was a rebound in the intraday, the strength was weak. In the end, the Shanghai Composite Index fell by more than 2% and was close to 3,000 points. On the disk, the Internet e-commerce sector was strong throughout the day, and the ChiNext stock Kaichun shares 3 consecutive boards. Domestic software-related sectors strengthened during the session, and Chinese software and other sectors rose by the daily limit. The pharmaceutical-related sectors changed in late trading, and China Pharmaceuticals and others rose to the daily limit. On the downside, the real estate sector fell into adjustment, and many stocks fell by the limit.
In general, stocks fell more and rose less, with more than 3,300 stocks in the two cities falling. The turnover of Shanghai and Shenzhen stock markets today was 759.8 billion, a decrease of 141.2 billion compared with the previous trading day. After the holiday, the market turnover shrank sharply for two consecutive days. In terms of sectors, sectors such as Internet e-commerce, Hongmeng Concept, Eastern Digital and Western Computing, and COVID-19 treatment were among the top gainers, while tourism, real estate, airport shipping, and beverage manufacturing sectors led the decline.
As of the close, the Shanghai Composite Index fell 2.16% to 3,001.56 points, the Shenzhen Component Index fell 2.14% to 10,809.88 points, and the ChiNext Index fell 1.9% to 2,244.97 points. Shanghai and Shenzhen Stock Connect is closed today due to a public holiday in Hong Kong.
Plate
In terms of industry sectors, traditional Chinese medicine, Internet services, software development, medical equipment, and medical services were among the top gainers, while tourist hotels, airports, real estate development, winemaking, and cement building materials were among the top losers. Concepts such as new crown testing, new crown drugs, and hepatitis are relatively active.
The pharmaceutical sector was strong throughout the day, and the traditional Chinese medicine sector moved significantly in late trading. Dali Pharmaceutical, Essence Pharmaceutical, Haichen Pharmaceutical, China Pharmaceutical, Fudan Fuhua, Yongan Pharmaceutical, Hehua Co., Ltd., Xinhua Pharmaceutical, Luoxin Pharmaceutical, Foci Pharmaceuticals, Shuangcheng Pharmaceuticals, Watson Pharmaceuticals, Panlong Pharmaceuticals, Xintian Pharmaceuticals, and Yiming Pharmaceuticals traded at their daily limit.
The domestic software sector broke out. ArcherMind Technology, 2345, Inspur Software, China Software, China Great Wall, Zhizhen Technology, etc. reached their daily limit, and Changshan Beiming, Dongfang Zhongke, and Ouma Software hit their daily limit.
Institutional view
Yuekai Securities: It is expected that the cyclical sectors related to stable growth, which benefit from the support of secondary downstream demand, such as coal, chemical industry, and public investment, will continue to perform. The transmission of PPI to CPI is still the main theme of this year, focusing on individual stocks with outstanding performance in the optional consumption sectors such as food and beverages, pharmaceuticals and other optional consumption sectors, as well as household appliances with strong expectations of marginal improvement under the mitigation of the epidemic.
Founder Securities: In operation, dilute the index, tap individual stocks, pay attention to investment opportunities in oversold stocks, and focus on securities companies, education, new energy, information technology, computers, military industry, agriculture, and oversold medium and low-priced stocks on dips. The concept of “Sanquan” and “Chinese prefix” continued to avoid delisting risk stocks and the top gainers in April.
Huatai Securities: The turnover rate of fixed assets is still rising, ROE is mainly suppressed by the net interest rate, but the single-quarter gross profit margin has bottomed out, and the subsequent variable cost pressure is expected to be further eased. Midstream manufacturing: special machinery, general equipment, electrical equipment, power equipment , national defense and military industries, motorcycles, agrochemicals, other chemicals, power generation and power grids, petrochemicals, etc; Expenditure direction, with certainty of long-term demand, high probability in equipment upgrades, energy transformation, circular economy; long-term funds such as insurance funds, national teams and other Q1 increase in midstream manufacturing. In addition, continue to pay attention to the infrastructure and real estate where policies are exerting force; under the scissors difference between PPI and CPI, continue to pay attention to agricultural stocks, food and beverages.Return to Sohu, see more
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