Stronger in the afternoon, the Shanghai and Shenzhen stock markets closed up.
Boosted by the overnight rise in the external market, the three major A-share stock indexes opened slightly higher and maintained a volatile pattern in the early trading. The hydrogen energy sector vigorously pushed the stock index upward in the afternoon.
By the close of December 16th, the Shanghai Composite Index rose 0.75% to 3675.02 points; the Science and Technology 50 Index rose 0.07% to 1425.93 points; the Shenzhen Component Index rose 0.58%, reported 15112.81 points; ChiNext index rose 0.74%, reported 3490.45 points. Wind statistics show that 2,979 companies in the two cities rose. 1,495 companies fell, and there were 168 companies in the flat market.
On December 16, the total turnover of the Shanghai and Shenzhen stock exchanges was 1,113.6 billion yuan, a decrease of 22.4 billion yuan from the 1,136 billion yuan in the previous trading day, the 40th consecutive trading day More than 1 trillion yuan. Among them, the Shanghai stock market turnover was 465.9 billion yuan, a decrease of 15.2 billion yuan from the previous trading day’s 481.1 billion yuan, and the Shenzhen stock market turnover was 647.7 billion yuan.
A total of 111 stocks in Shanghai and Shenzhen stock markets have increased by more than 9%, and 3 stocks have fallen by more than 9%.
The total net inflow of northbound funds on December 16 was 5.885 billion yuan. Among them, the net inflow of Shanghai Stock Connect was 2.051 billion yuan, and the net inflow of Shenzhen Stock Connect was 3.834 billion yuan.
Coal stocks soared.
In terms of sectors, the coal sector continued to rebound and led the gains of the two cities. China Coal Energy (601898) and Shanxi Coal International (600546), Yankuang Energy (600188), Lanhua Kechuang (600123), Jingyuan Coal and Electricity (000552) and other daily limit, Shanxi Coking Coal (000983), China Shenhua (601088), etc. rose more than 6%.
Meta Universe continues to dominate, with more than 10 such as Xuanya International (300612), Huichang Communication (300578), Xin Guomai (600640), Hubei Broadcasting and Television (000665), etc. Individual stocks may have a daily limit or rise by more than 10%.
Liquor stocks led the decline in the two markets. Shanxi Fenjiu (600809), which was in the midst of a change of command, fell more than 9% at one time. Shuijingfang (600779) and others fell more than 2%.
Auto stocks fluctuated lower, BYD (002594), Hitech (301022), Yuebo Power (300742), Zhejiang Liming (603048) etc. fell more than 2%.
The A-share market may maintain a moderately volatile upward pattern
Guosheng Securities believes that the sentiment of funds remains high, the ups and downs have converged, and trading The structure continues to be optimized. First, overseas panic has subsided, the VIX index has dropped significantly, and foreign investment and leverage sentiment both hit new highs during the year, and capital sentiment maintained a historical high; second, with the proliferation of the New Year’s Eve market, the recent market ups and downs have converged marginally, and stocks have reached new highs. The proportions of stocks and strong stocks have all declined. Third, the market transaction structure has continued to be optimized, transaction differentiation has been significantly restored, transaction concentration has also remained near the historical center, and the proportion of securities firms, liquor, and banks’ transactions has rebounded significantly. Looking forward, the deduction and diffusion of the New Year’s Eve market is expected to continue, but considering that the current market trading enthusiasm has been clearly at a high level, it is recommended to continue to pay attention to the marginal changes in capital sentiment.
Shanxi Securities believes that the intensive release of counter-cyclical adjustment signals from policies has a certain boosting effect on market confidence, driving the new year’s market to start ahead of schedule, but at the current overall valuation level In the context of still relatively high levels, the A-share market may maintain a moderately volatile upward pattern. This new year’s market has more or more characteristics of early opening, slower pace, and strong structure than previous years, and there are still opportunities for layout. , It is recommended that while maintaining a relatively balanced position allocation, focus on the low-valuation sub-sectors of the consumer, military, and pharmaceutical sectors.