#Stock Market Analysis##SSE 50 ETF Options##Stock Market Quotes##Stock Market##Stocks#20230922 Stock Market Close: On Friday (September 22), A-shares moved strongly and closed sharply higher. Although the three major indexes opened mixed in the morning, the market continued to fluctuate upward throughout the day, with the Shanghai Composite Index rising more than 1% to recover 3,100 points, the Shenzhen Component Index rising more than 2% at one point, and the ChiNext Index rising more than 2% and recovering the 2,000-point integer mark. Today's volume can be amplified, returning to above the scale of 700 billion yuan, northbound funds ended the momentum of net selling for three consecutive days, and today bought more than 7 billion yuan. With Friday's rally, the Shanghai Index, Shenzhen Component Index, ChiNext Index, CSI 300 Index, etc. all recorded a slight increase this week, of which the Shanghai Composite Index ended the previous "six consecutive negative" trend, and the Shanghai Composite 50 Index rose 1.43% this week.
By the close, the Shanghai Composite Index was up 1.55% at 3,132.43 points, the Shenzhen Component Index was up 1.97% at 10,178.74 points, the ChiNext Index was up 2.32% at 2013.34 points, and the Science and Technology Innovation 50 Index was up 2.61% at 882.88 points. The total turnover of Shanghai and Shenzhen was 765.458 billion yuan, and the actual net purchase of northbound funds was 7.493 billion yuan. The two markets had 35 up limits, 14 stocks were down and more than 4,500 stocks were red.
On the market, the CPO concept rose sharply, Taichenguang, Tianfu Communication, Yuanjie Technology and other 20% up limit, Cambridge Technology, Huagong Technology and other stocks rose to the limit, optical communications, AIGC concept, liquid cooling concept, cloud gaming, data right confirmation, information innovation, media, brokers, semiconductors, etc. rose first, coal, wind and sand control and a few other sectors fell. About 4,500 individual stocks rose in both cities. The transaction amount of the two cities exceeded 760 billion yuan.
AI, computing power concept, etc. were active intraday trends on the 22nd, and as of press time, Kunlun Wanwei rose nearly 18%, and the intraday was once close to the limit; Jiulian Technology, Tianyima and Wanxiang Technology rose by more than 10%, Huamai Technology and Hengwei Technology rose by more than 9%, Industrial Fulian rose by more than 9%, and iFLYTEK, Cambrian, Dawning of Zhongke and Inspur Information rose by more than 5%.
Galaxy Securities pointed out that with the wave of artificial intelligence, the training of general large models, the training of industry large models, the industry application based on general large models and reasoning all require a lot of intelligent computing power to provide support. The demand for AI chips, AI servers and cloud computing power will continue to increase. According to IDC forecasts, the scale of intelligent computing power is expected to reach 1271.4 EFLOPS by 2026, and the CAGR of China's intelligent computing power is expected to reach 52.3%. At the same time, the Ministry of Finance issued the notice of "Interim Provisions on Accounting Treatment Related to Enterprise Data Resources", clarifying the scope of application, accounting treatment methods, listing and disclosure principles of data assets, etc., which will be officially included in the balance sheet from New Year's Day next year, which means that data has completed the leap from natural resources to economic assets, and in the second half of the year, the industry is expected to benefit from the dual stimulation of demand and policy side, computing power, data elements, AI+ applications and other related industries. (Caishun Option Editor's Tips: The above is for reference only)
