A shares sudden diving at the end of the day: what happened? Adjust the momentum or the precursor of decline

category:Finance
 A shares sudden diving at the end of the day: what happened? Adjust the momentum or the precursor of decline


High hot stocks plunge

From todays market, the index recovered 3400 points, but the trading volume could not break through effectively, which may be the main reason restricting the further development of the market. It is worth noting that banks and other financial stocks rose in the morning trading today. Although the index has a certain support, the theme stocks did not follow. In particular, during the late trading period, the high hot stocks which continued to speculate in the early stage made a big dive, which was self-evident to the formation of short-term funds.

1u3001

More than a month time rose more than three times the light start technology today continued to fall, until the limit. According to the analysis, the main logic behind the popularity of optical technology is the increase of military orders and new stealth materials.

On July 29, the Shenzhen Stock Exchange issued a letter of concern to Guangqi technology, asking questions about the abnormal fluctuation of the companys recent stock price, Yinxing base and Shunde Industrial Base projects.

On July 31, the Shenzhen Stock Exchange said that it would continue to focus on monitoring the light start technology with abnormal growth for several consecutive days and take timely regulatory measures.

2u3001

With the support of ant financial service concept and biological vaccine concept, Junzheng group has increased by more than 300% since the beginning of July. Judging from the data of Junzheng groups Dragon and tiger list, hot money relay speculation is the direct reason why Junzheng groups stock price takes the rocket. With the continuous rise and fall of the stock price, Junzheng group has been on the dragon and tiger list frequently.

3u3001

Haiqi group fell 9%

Military industry, vaccine and other capital leading stocks have fallen, tax-free concept capital leader is also difficult to be alone. Since July, the tax-free capital leader, Haiqi group, has risen more than 300%, and its share price has recorded a total of 15 trading limits in July.

It is worth noting that on July 21 this year, Hainan lvtou invested 500 million yuan to establish Hainan lvtou duty-free products Co., Ltd. The business scope declared by the company at the time of industrial and commercial registration includes sales of goods in duty-free shops. However, the tax-free license of indirect controlling shareholders may not benefit the listed companies. Haiqi group announced that up to now, the company has not received the relevant information that the actual controller and controlling shareholder of the company intend to inject the relevant tax-free business into the company.

4. CITIC fell 7%

Recently, CITIC has denied the merger, but its share price has been rising. What is more surprising to the market is that the total market value (a + H) of China CITIC Securities reached 392.58 billion yuan, surpassing that of CITIC Securities (392.331 billion yuan) for the first time, becoming the market leader of the securities industry.

Today, CSCI and CITIC Securities maintained a volatile trend in the early trading, but they fell rapidly in the late trading. CSCI closed down 7% and CITIC Securities fell nearly 6%, triggering a sharp drop in the securities sector. As a board calling for market sentiment, the sharp fall of securities companies stocks has undoubtedly hit the optimistic attitude of the market to a great extent, accelerating the decline during the end of the market.

The net inflow of capital to the north is nearly 4 billion yuan

Hot stocks in a miserable, northward funds today but a net inflow of nearly 4 billion yuan.

Previously, the rapid net outflow of northward funds in the middle and late July has, to a certain extent, put pressure on the market and capital, resulting in a wide range of fluctuations between 3200 and 3400 points. After entering August, the volatility of the index narrowed, and the trend of net outflow of funds to the North began to slow down.

Today, the scale of net inflow of northward funds in the early trading was considerable. Although there were signs of short-term outflow with the diving in the late afternoon, the net inflow of funds in the whole day was still 3.949 billion yuan.

However, from the perspective of recent northward fund positions, undervalued plate has become the main object of its favor. According to wind statistics, on August 10, the top five industries for northward capital positions were: building decoration, banking, non bank finance, computer and real estate. There are obvious differences between the path selection of this industry and the previous few days.

However, electronics, building materials, medical biology, food and beverage, nonferrous metals, etc. were net sold by them. Among them, food and beverage and medical biology are the two industries with the most heavy capital positions in the north. Tracking the data of northward funds can find that their net sales of these two industries have been continuous for many days, which may reflect the adjustment of the position of northbound funds to the positions.

How can I get to the back market?

Guangzhou Wanlong Securities believes that the current market is in no dominant multi-stage, intermediate shock consolidation continued. However, due to the lack of sustainability in terms of long-term development, it is expected that the rebound opportunity of band game can still be considered when the technology is adjusted to the low level in the early stage. From the perspective of technical sub board, based on the market index since early July, it has been fluctuating for a month, so further killing in the short term will bring investors the opportunity of intermediate bargain hunting.

Guotai Junan Securities said that the shock is expected to continue

1. From the perspective of profitability, the current economy is gradually improving, and corporate profits continue to rise. With the advent of the intensive disclosure period of semi annual reports, the support of earnings to the market will be strengthened;

2. From the perspective of risk preference, the uncertainty of China and the United States has increased in recent years, but the risk assessment of China and the United States in the medium and long term is declining;

CITIC Securities also said that the Sino US dispute has brought new opportunities for admission. The recent Sino US dispute is still in a state of high frequency and low impact, and will not evolve into a systematic risk. The emotional disturbance and market adjustment brought about by the Sino US dispute is a new admission opportunity. 1. The recent sanctions against Chinese Internet enterprises are limited to individual enterprises, and the actual impact is limited. Chinese enterprises active counter measures under the U.S. legal framework will effectively curb the further spread of the situation; 2. The recent official voice on Sino US relations and the high-level communication between the two countries military will effectively curb the rise of regional tension; 3. The first phase of Sino US trade association The meeting is expected to meet the discussion in the middle of the next year, and it is not expected to generate new waves. Under the background of controllable impact of Sino US dispute, the potential incremental capital is still abundant in the future, and the short-term market shock has opened the space for incremental funds to enter. Source: editor in charge of Securities Times: Zhong Qiming_ NF5619

CITIC Securities also said that the Sino US dispute has brought new opportunities for admission. The recent Sino US dispute is still in a state of high frequency and low impact, and will not evolve into a systematic risk. The emotional disturbance and market adjustment brought about by the Sino US dispute is a new admission opportunity.

1. The recent sanctions against Chinas Internet companies are limited to individual enterprises, and the actual impact is limited;

2. The recent official voice on Sino US relations and the high-level communication between the two countries military will effectively curb the rise of regional tension;