Reporter: Ye Feng Editor: Xiao Ruidong
The broader market fluctuated and fell throughout the day, and the Shenzhen Component Index and the ChiNext Index both hit new lows this year. On the disk, shipping stocks collectively rose sharply, and pharmaceutical stocks once soared.
In terms of ETFs, Hong Kong stock dividends and logistics-related ETFs were among the top gainers.
Recently, the China Securities Regulatory Commission (CSRC) issued new regulations to further improve the normalized dividend mechanism of listed companies, clearly encourage cash dividend orientation, optimize dividend procedures and mechanisms, restrain abnormal dividends, and improve the level of investor returns.
The market generally believes that the optimization of the dividend policy, the high-quality development of listed companies, and the increasing improvement of the dividend index system, the innovative development of the dividend index and indexed investment in the Chinese market will play a more important role in guiding value investment, rational investment, and long-term investment.
For the logistics sector, some brokerages said that Maersk and Hapag-Lloyd decided to suspend the passage of their ships through the Bab el-Mandeb Strait. If the situation in the Red Sea deteriorates further, merchant ships passing through the Suez Canal may be forced to detour the Cape of Good Hope to avoid the Red Sea, which may lead to short-term freight rate increases and higher company valuations.
In terms of decline, ETFs such as games and animations, photovoltaics, and new energy batteries fell about 3%.
Some brokerages said that the triple factor of AI industry trend + policy easing cycle + industry recovery builds a long-term positive trend in the game industry. The stock price of the sector has undergone several months of adjustment, and after the release of the emotional side, we can continue to pay attention to the layout window in the fourth quarter of 2023, and in the deductive path of policy bottom-credit bottom-market bottom, especially in the context of weak recovery, growth is expected to return to the main line, and the popularity and value of AI on the application side are expected to continue in shocks.
For the new energy sector, the agency believes that the photovoltaic manufacturing industry is facing an increase in overcapacity, and the profit margin will decline, but the current valuation has fallen to a low level after the stock price adjustment, which has fully reflected the expectation;
In addition, with the continuous development of the U.S. electric vehicle market under the promotion of the IRA Act, enterprises in all links of China's lithium battery industry chain are expected to circumvent the new regulations and achieve overseas localized production and manufacturing by accelerating overseas factory construction or providing technical authorization, thereby promoting the continuous improvement of the global penetration rate of China's new energy vehicles.
In terms of ETF turnover, there are 5 ETFs with a volume ratio of more than 1.5 and a daily turnover of more than 100 million yuan today.
It is worth noting that the trading volume of the Dividend Low Volatility 100 ETF has been significantly enlarged at the end of the session.
National Business Daily