The Shanghai Composite Index dived in the morning after four consecutive suns, and the four major banks and ETFs struggled to protect the disk
Today's news:
[The three major U.S. stock indexes collectively closed higher, the Dow Jones and the S&P 500 index both hit record closing highs] The three major U.S. stock indexes collectively closed up overnight, with the Dow up 1.85%, the S&P 500 up 0.64%, and the Nasdaq up 0.2%. Among them, the Dow and the S&P 500 both hit record closing highs. Most of the large technology stocks fell, Nvidia, Google, Meta fell more than 1%, Netflix, Microsoft fell slightly; Tesla rose more than 1%, and Apple and Amazon rose slightly. Among them, Apple continued to hit a record closing high, with a total market capitalization of $3.6 trillion.
Recently, it was reported that the exchange is soliciting the opinions of some market institutions on the differentiated fee scheme for high-frequency trading, and some foreign institutions are worried about the inconsistency of the fee standard. In this regard, the relevant person in charge of the Shanghai and Shenzhen Stock Exchanges said: We are concerned about the above rumors. Since the beginning of this year, under the unified deployment of the China Securities Regulatory Commission, the exchange has continued to strengthen the supervision of programmatic transactions and promote the implementation of relevant policies and measures. At present, we are conducting research and demonstration on the differentiated fee scheme for high-frequency trading, and will adhere to the principle of consistency between domestic and foreign investment, treat all market participants fairly, improve the relevant fee mechanism on the basis of full evaluation and calculation, and enhance the pertinence of high-frequency quantitative trading supervision, without worrying about unfair treatment. For the differentiated fee arrangements involving high-frequency trading institutions, we will fully listen to the opinions and suggestions of market institutions in the future, and launch them in a smooth and orderly manner.
[Shanghai state-owned enterprise reform concept stock changes Shanghai trade straight line up limit] Shanghai trade straight line up limit, Jiaoyun shares before the limit, Jinjiang Online, Yangtze River Investment, Chengtou Holdings, Xujiahui, Shanghai 900, Bailian shares and so on. On the news side, the Shanghai State-owned Assets Supervision and Administration Commission held a symposium on market value management on the afternoon of July 16. He Qing, Secretary of the Party Committee of the Shanghai SASAC, pointed out that it is necessary to take standardized value management as the key to market value management, make good use of various market value management tools and capital market platforms, and optimize the layout around the city's key industries.
[Beijing Stock Exchange 50 rose more than 6% and only 1 stock fell] Beijing Stock Exchange stocks continued to be active, the Beijing Stock Exchange 50 Index rose by more than 6%, Greer, Rongyi Precision 2 boards, Optai daily limit, Zhongyu Technology, Haidar, Zhuozhao Dispensing, Jingsai Technology, Huayang Transmission, Jiaxian shares, etc. rose more than 20%. Among the 249 stocks on the Beijing Stock Exchange, only 1 stock is currently in decline.
[The central bank carried out a 7-day reverse repurchase operation of 270 billion yuan today] The central bank carried out a 7-day reverse repurchase operation of 270 billion yuan today, and the winning interest rate was 1.80%, the same as before. There is a reverse repurchase of 2 billion yuan due today.
As of July 16, the financing balance of the Shanghai Stock Exchange was 749.062 billion yuan, a decrease of 1.335 billion yuan from the previous trading day, the financing balance of the Shenzhen Stock Exchange was 676.031 billion yuan, an increase of 957 million yuan from the previous trading day, and the total of the two cities was 1425.093 billion yuan, a decrease of 378 million yuan from the previous trading day.
[Northbound funds sold 2.876 billion yuan yesterday, and Ping An of China was net sold 440 million yuan] Northbound funds sold 2.876 billion yuan yesterday. Ping An of China, Wuliangye and Bank of China were net sellers of 440 million yuan, 257 million yuan and 210 million yuan respectively. BOE A had the largest net purchase, with an amount of 284 million yuan.
This morning, the market opened 6 points lower at 2970 points, rushed up 2972 points, bottomed out at 2958 points, and closed at 2966 points before noon. The Shanghai Composite 50, CSI 300 and ChiNext rose 0.24%, 0.09% and 0.44%, while the Shanghai Composite Index, Shenzhen Component Index, CSI 500 and CSI 1000 fell 0.34%, 0.19%, 0.03%, 0.46% and 0.27%. The ratio of individual stocks is 2138:2995, and the ratio of price limit is 82:2. The half-day turnover of the two cities was 420.7 billion, an increase of 46.9 billion from the previous trading day.
After the market has 4 consecutive small yang lines, with the help of the two major exchanges to clarify the high-frequency trading of domestic and foreign capital, increase the transaction fee to be consistent, and continue to release the negative of quantitative trading, the market has seen a wave of diving. The four major banks, the four major ETFs and the five major heavyweight stocks all turned green, and the market bottomed out at 2,958 points. At this time, the four major ETFs and the four major bank stocks of the national team struggled to protect the market, and the trading volume was 46.9 billion compared with yesterday's method, before the market closed at 2966 points. Of the 11 indexes, 5 rose and 6 fell.
The latest speech by Fed officials indicates that the probability of a rate cut in United States in September is 100%, and large, medium and small caps in the US stock market have soared together, hitting record highs every day, which cannot but affect A shares.
However, there is a phenomenon worth noting in today's market, the Beijing Stock Exchange 50 rose 5.89%, from 658 points to 755 points in only 6 trading days, an increase of 14.74%. In particular, Huayang has risen from 2.77 yuan to 7.50 yuan in only 5 days, an increase of 170%, and a record high. The speculation is back. The Shanghai State-owned Assets Supervision and Administration Commission held a market value management meeting, which caused the rebound of local stocks in Shanghai across the board. Bank stocks have rebounded by more than 20% this year, and the market value has increased to 11 trillion, which is equivalent to an increase in the market value of 1 Moutai, becoming the most bullish sector this year. In addition, half of the 82 stocks with a limit today are penny stocks, does it mean that with the ST shares falling to the limit, there are only seven or eight left, and the ultra-low penny stocks will make a comeback?
Yesterday, Guanghui Automobile's share price fell to 0.87 yuan, and the closing price has been below 1 yuan for 19 consecutive trading days. Today, it continues to fall to the limit, and there is no suspense about delisting. He became the first non-ST stock with sales of 100 billion yuan and positive profits, and became the first stock to be delisted below par value, and investors were wronged by him. However, it has also sounded the alarm for a large number of penny stocks, and state-owned and private low-priced companies will inevitably follow in the footsteps of Guanghui Automobile if they no longer strengthen market value management, engage in asset restructuring, repurchase and increase holdings. This may also be a stimulus to the widespread rally in penny stocks today.
Of course, with the end of the annual report dividends of bank stocks, will the hot spot of A-shares turn to the over-falling high-tech stocks of new productivity? From the recent continued strength of semiconductors, electronic components, consumer electronics and other sectors, it seems to see some signs.
For investors who lack the ability to choose stocks, I think the CSI 300 ETF, the first heavy stock of the national team, is still tied so far, and it is worth investors to buy low and sell high to do t+0, and the ETF also has dividends.
Afternoon attention: Can the market close above the 10 antenna at 2958 points? Can the upper side close above the 20-day line at 2968 points, the five-day line and the five-week moving average at 2971 points? Can the effect of the 5.89% surge in the BSE 50 spread? Can CSI 1000 and CSI 2000 fight back? 2138:2995 stocks fall more and rise less, can the situation be changed or even reversed? Can the trading volume be enlarged to 700 billion?