At the close of the market on July 23, the Shanghai Composite Index reported 3550.4 points, down 24.34 points, down 0.68%, and the turnover was 604.195 billion yuan; the Shenzhen Component Index reported 15028.57 points, down 233.62 points, down 1.53%, and the turnover was 774.494 billion yuan. The city’s total turnover was 1.378889 trillion yuan; the ChiNext index reported 3469.87 points, down 74.57 points or 2.1%, and turnover was 321.747 billion yuan.
On the disk, the industry sectors have fallen more than they have risen. Among them, the national defense and military industries have the top gainers, while the comprehensive sector has performed sluggishly.
In other markets, after a week of turbulence, the three major U.S. stock market indexes closed on July 23 with an upward trend, and each index hit a record high. Among them, the Dow Jones index closed up 238.2 points, or about 0.68%, to 35061.55 points, breaking through 35,000 points for the first time. The Standard & Poor’s Index and the Nasdaq Index both rose more than 1%.
Industrial Securities said on the weekend that the inflow of incremental funds in the market has slowed recently, and the positions of active investors on the market are rapidly approaching the high point at the beginning of the year. The effect of position adjustment tends to weaken. Allocation-oriented foreign capital continued to flow out of the new energy sector for the first time in the year and flowed into the consumer sector. In addition, the macro-level liquidity is still loose, and the market impact of the collapse of the group is weaker than in the first quarter. The macroeconomic driving force and bright spots still remain in the second half of the year. , The fundamentals support the rebalancing of the market structure, the negative expectations of traditional core assets have been fully reflected, and there is room for valuation restoration in the rebalancing process.
Therefore, at the configuration level, “high cutting low” will become the main feature in the process of structural rebalancing. Some of the booming consumer and pharmaceutical industries currently have the left configuration value.
CICC also stated that looking forward to the market outlook, although high structural valuations may increase volatility and lead to internal differentiation in growth styles, the policy is stable and tends to be loose and fluid. The relative abundance of sex may temporarily increase the market’s tolerance for valuation, focusing on the window period of the Politburo meeting at the end of July. It is still recommended to light index, heavy structure, and partial growth. At the same time, some cyclical segments are supported by supply-side logic, and the market may show the characteristics of “growth-oriented, taking into account cycles”.
Guotai Junan Securities believes that the general trend is not over yet to be continued. The profitability of style will determine the winner rather than the valuation ratio. The technology growth market will continue to lead the rise and It is difficult to switch between high and low in the short term, and at the same time, the margin of credit expectations is widening and the style of small and medium market capitalization will continue to dominate. In terms of industry configuration, recommend new energy vehicles/semiconductors/photovoltaics/medical beauty/chemicalCosmetics/home appliances/brokers, etc.
Essence Securities also believes that the market’s growth style continues to outperform this week. In exchanges with investors, it is found that the market’s attention to securities firms has increased significantly, and most Investors are very concerned about the future sustainability of the growth style and the choice of industry.
The logic lies in the long-term downturn of the economic growth center: growth is scarce; neutral and loose monetary policy tone: liquidity is conducive to growth style; growth track logic is not compromised Falsification: The style switching is difficult to happen and it still holds true. In terms of configuration, from a short-term perspective, the industry’s booming boom and the adjustment of the direction of fund allocation have allowed hot tracks such as new energy and semiconductors to continue to maintain a strong momentum. In the future, the market for growth stocks is expected to expand to the stagflation of the military industry, securities companies and other high-prosperity pre-stage stagnant sectors and automobiles. The recent proliferation of industries with marginal improvement, the market is still expected to further extend to small and medium-sized caps in the medium term.
In the foreign exchange market, the U.S. dollar rose 0.01% against the offshore renminbi in late trading to 6.4764 yuan; the US dollar rose 0.16% to the onshore renminbi in night trading to 6.4807 yuan.
In terms of Bitcoin, according to Coindesk, the Bitcoin news and information network, as of 8:00 on July 26, the price of Bitcoin was $35,347.98.
On July 26, you should also pay attention to the following news:
1. On July 24, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council issued “Opinions on further reducing the burden of students’ homework and off-campus training in compulsory education” The opinion puts forward that all discipline training institutions shall not be listed for financing, and capitalized operations are strictly prohibited; listed companies shall not invest in discipline training institutions through stock market financing, and shall not purchase the assets of discipline training institutions through the issuance of shares or payment of cash; foreign capital shall not be merged Acquisitions, entrusted operations, franchise chains, and the use of variable interest entities to hold or participate in academic training institutions. Those who have violated regulations shall be cleaned up.
2. The Central Meteorological Observatory will continue to issue a typhoon orange warning at 06:00 on July 26: The center of this year’s No. 6 typhoon “Fireworks” today (26th) at 5 o’clock in the morning Located on the water surface of Hangzhou Bay about 25 kilometers southeast of the junction of Pinghu, Zhejiang and Jinshan of Shanghai, it is 30.5 degrees north latitude and 121.4 degrees east longitude. The maximum wind force near the center is 12 (33 m/s), and the lowest air pressure in the center is 975 hPa. The radius of the seventh wind circle is 200-300Kilometers, the radius of the tenth wind circle is 50-80 kilometers. It is expected that the “fireworks” will move northwest at a speed of 5-10 kilometers per hour, and will soon make landfall again this morning from Pinghu, Zhejiang to Jinshan, Shanghai (strong tropical storm or typhoon, 11-12, 30-33 m/s), and then the intensity gradually weakened. It will turn to the northeast on the 28th and move into the Yellow Sea on the 30th.
3. On July 23, 8 departments including the Ministry of Housing and Urban-Rural Development and the National Development and Reform Commission jointly issued the “Notice on Continuous Improvement and Regulation of the Real Estate Market Order”, Focus on the difficulties and pain points that the people have strongly complained about, and intensify the order rectification of the real estate market. The “Notice” proposes to strive to achieve a significant improvement in the order of the real estate market in about three years. Violations of laws and regulations have been effectively curbed, the supervision system has been continuously improved, the supervision information system has basically been established, and the joint management work pattern has gradually formed, and the number of complaints from the public has dropped significantly.
4. According to the news of China Railway Shanghai Bureau Group Co., Ltd. on July 25, in view of the impact and changes brought about by Typhoon No. 6 this year, in order to ensure that the people For the safety of life and property and the safety of railway transportation, the railway department decided on the evening of the 25th to suspend the operation of some high-speed railways throughout the day on July 26, including: the Shanghai-Nanjing section of the Beijing-Shanghai high-speed rail (excluding Nanjing South), and the Shanghai-Nanjing intercity Danyang to Shanghai section, Shanghai-Hangzhou high-speed rail, Nanjing-Hangzhou high-speed rail, Shanghai-Sutong railway (excluding Nantong hub), Hehang high-speed rail from Hangzhou east to Xuancheng section (excluding Xuancheng), Hangzhou-Huangzhou high-speed rail.
In addition, from July 26 to 27, the Ningbo-Wenzhou section of Hangzhou-Shenzhen Railway, Xiaoyong Railway, Jinqian Railway, Jintai Railway will be suspended; July 26 On July 26th, Hangzhou-Ningbo High-speed Railway and Jinshan Railway were suspended; from July 26 to 28, Jin-wen Railway, Qu-Jiu Railway, Qu-Ning Railway, Xuan-Hang Railway, and Wan-Jian Railway were suspended.
5. On July 23, the Shanghai and Shenzhen Stock Exchange issued the supporting business rules for the transfer of listed companies on the NEEQ selected tier, and the information in the report on the transfer of listed companies The disclosure principles, main content and format, and requirements for transfer listing application documents have been clearly stipulated, so as to further clarify the actual operation path and complete system connection for the transfer listing to enter the implementation stage.
6. On the evening of July 23, the China Securities Regulatory Commission released the results of the classification of securities companies for 2021. The number of Class A securities merchants increased. This year, there were 50 Class A companies, compared with last year. Three new companies were added, including 15 AA-level companies, which was the same as last year, and a total of 35 A-level companies, an increase of three compared to last year. Some of the small and medium-sized brokerage firms with specialized businesses received extra points, and nearly 20 small and medium-sized brokerage firms were rated as Class AClass A.
Donghai Securities became the biggest dark horse in this year’s “big exam”, jumping 5 levels in a row, from CC to A, and Jinyuan Securities and Beijing Capital Securities jumping 4 levels in a row, the former being replaced by CC It is raised to BBB, which is raised to A from CCC.
7. On July 24, Tencent received an anti-monopoly administrative penalty from the State Administration for Market Regulation, which mainly involved Tencent’s acquisition of equity in China Music Group, which constituted an illegal operation. For acts such as the concentration of the authors, they were fined 500,000 yuan, and Tencent was required not to reach an exclusive copyright agreement with the upstream copyright party or in disguise.
8. According to the “Securities Times”, on July 24, at the “2021 Qingdao China Fortune Forum”, Chen Yulu, Vice President of the People’s Bank of China, China Xiao Yuanqi, vice chairman of the Banking and Insurance Regulatory Commission, and Fang Xinghai, vice chairman of the China Securities Regulatory Commission, attended and delivered keynote speeches. Officials from the two committees have repeatedly talked about the current development of the asset management industry and suggested the future development of China’s asset management market. They proposed that the asset management industry should continuously improve its investment and research capabilities and service levels, and called for the improvement of the financial literacy of the whole society. In addition, while reviewing the development status of the futures market, looking forward to the development potential of the futures market, it is pointed out that the futures market has a lot to do in serving my country’s residents’ asset allocation and wealth management.
9. According to the issuance arrangement, 10 new shares will be subscribed temporarily this week. The specific subscription list is as follows:
Monday:
Double Gun Technology purchase code: 001211
Allianz Ruishi purchase code: 301042
Tuesday:
Benchuan Smart purchase code: 300964
Lvdaofeng purchase code: 301043Xia Tungsten New Energy purchase code: 787778
Wednesday
Fangyuan shares subscription code: 787148
div>Thursday
Jiuqi shares subscription code: 300994
Jinbaize subscription code: 301041
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