As of the midday closing, the Shanghai composite index was up 0.83% to 3297.32; the Shenzhen composite index was down 0.94% to 13341.23; the gem index was down 1.37% to 2663.59.
In terms of plate, ant financial concept bucked the trend, Hejing technology increased by 20%, yilianzhong rose by more than 10%, new cape, Runhe software, Lucent technology and Zhengyuan wisdom rose by more than 5%; the third generation semiconductor, liquor, face recognition, etc. were the top gainers; vaccines, fentanyl, dairy industry, airport shipping and other sectors fell first.
China Merchants Securities believes that entering the fourth quarter, the style may further shift to the undervalued Pro cyclical plate. The market will gradually deduce the logic of from liquidity driven to economic fundamentals driven. Looking forward to the fourth quarter to the first quarter of next year, the performance of enterprises in Pro cyclical related fields will improve in varying degrees, and valuation cost performance will become an important factor in market consideration again.
Source: Netease Financial Editor: Yang Qian_ NF4425