1. Disk
The three major indexes of the A-share market closed slightly higher on Wednesday, with the Shanghai Composite Index rising 0.13%, and the ChiNext Index rising 1.27%. The turnover of the two markets was 2.0 trillion, a decrease of 148.1 billion from the previous trading day. On the market, 2,769 stocks in the two markets fell, 2,442 rose; 63 stocks hit the daily limit and 5 stocks hit the daily limit. The index opened with differentiation, and then rose slightly, then fell back and rebounded, and was calm. The market fell for three consecutive days from September 2 to 4, which was the first deep correction of this round of structural slow bull; the index on the 5th day reversed the contract, especially the ChiNext Index set a record of "rebound" the second day after its first sharp drop in 10 years exceeding 4%. Then as the week began to slow down marginally, the volume began to gradually decline. On the macro level, the core logic supporting this round of "healthy bull" has not changed, and the market structure is also accompanied by the adjustment of the technology sector with too high concentration and turnover rate and too fast rising slope. It has gradually gotten rid of the previous extreme differentiation and "one branch stands out" trend, and is moving towards rotational diffusion and "blooming multiple points". The market is still on the way, but the market needs new catalysis to start a new round of trend rise and break through the previous high. It is highly likely that the short-term future will continue to fluctuate around 3800 points:
Shanghai Index Daily K-line Chart
2. Hot spot direction
On the market, the market showed differentiation on Wednesday, and the rotation of hot spots accelerated. Among them, Computing hardware stocks experienced in-depth adjustments for two consecutive trading days, and collective recovery was seen. The core target Shenghong Technology rose by more than 15% to a record high. Zhongji Xuchuang and Xinyisheng both rose by nearly 10% at one time. AI server concept stocks Industrial Fulian hit the daily limit. In addition, PCB concept shareholder Shan Precision 2 boards in 4 days, Zhuolang Intelligent, Yidun Electronics, and Jingwang Electronics closed the board, and Jiayuan Technology with dual attributes of PCB and solid-state batteries was 20cm. Another subdivision of computing power hardwareLiquid-cooled serverConcept stock Chunzhong Technology has two consecutive boards, and Lio Co., Ltd. has the first board. Siquan New Materials 20cm and Bojie Co., Ltd. have hit the daily limit with liquid cooling and robot attributes. The concept stocks of chip semiconductors, which are also in the field of technology, have also ushered in a local recovery. Chengbang Co., Ltd., a memory chip, and Dagang Co., Ltd., an advanced packaging, hit the daily limit. The cleaning room system integration concept stock Shenghui Integration hit 4 boards in 6 days. The two core weight targets, Haiguang Information, rose by more than 5%, and Cambrian, rose by more than 3%. In addition, there is a concept stock Yuandao Communications 20cm, and a concept stock server power concept stock Tongzhou Electronics hit the daily limit. Overall, the differences and game between technology stocks in repairs are still fierce.
Shenghui Integration (603163)
In addition, the speculation of other topics in the market is relatively scattered. Oil and Gas stocks led the rise throughout the day, with Zhunyou Co., Ltd. and Shandong Molong hitting the daily limit, and Tongyuan Petroleum rose by more than 10%. Catalyzed by the news that "Alibaba will officially announce its new business", Ali concept stocks were active at the opening, and Sanjiang Shopping, which is superimposed on retail attributes, has two consecutive boards, and Xinhuadu’s first board. The AI application side of the Film and TV and Games concept stocks also ranked among the top gainers. Film and TV stocks benefited from the positive news of the "National Day holiday". Guangdong Media held two consecutive boards, Jinyi Film and Television hit the daily limit, and the happiness blue ocean hit 20cm and was smashed for two consecutive boards; the game stock giant network touched the board. There are also CRO concepts, Zhaoyan Drug hit the daily limit, and Medisi rose by more than 14%. Satellite Internet concept also rose again, with three-dimensional communications reverse packets and 2 boards in 3 days, Oriental Communications hit the daily limit, Higrid Communications' board was smashed, and China Unicom once rose by 8%. Sports concept also continues to be popular, creating lawns and Tianfu Cultural Tourism, which has superimposed tourism attributes, hit the daily limit. In the direction of the best market sustainability, Wolong New Energy made three consecutive boards, Guangdong Hongtu and Luopuskin hit the daily limit, and Shoukai shares, which owned Yushu Technology, advanced to the highest six consecutive boards in the two markets. Meilixin, Lizhong Group, and Xingyuan Zhuo Magnesium all rose by more than 10%.
Shoukai Co., Ltd. (600376)
On the other hand, technology stocks fell into the first most linkage direction of adjusted capital mining. Solid-state batteries have quickly fallen into differentiation since the daily limit surge started last Friday, and further led to the decline of individual stocks in new energy tracks such as photovoltaics and silicones. Among them, the solid-state battery concept stock Tianhong Lithium Battery fell by more than 9%, and the Pai Technology fell by more than 7%. The high-standard stock in the sector continued to be in the market, and the high-standard stock Tianji shares ended at a low price, but it also failed to advance to the five consecutive boards. The 20cm popular stock Pioneer Intelligent also went into an independent market, with an increase of 4.55%. In the afternoon, Enjie Co., Ltd. stated on the investor interactive platform that "the company's 100-ton lithium sulfide production line has been completed." Affected by this, the stock price has strongly risen and hit the daily limit. Concept stocks such as Yinglian Co., Ltd., Hangke Technology, Xingyuan Materials, and Dow Technology also ushered in a wave of rising. In addition to the subject matter, there are 10 stocks in the two markets, including 3 stocks in three consecutive terms and above. A total of 9 stocks in the last trading day were 33.33% (excluding ST stocks and delisted stocks). It is worth mentioning that Tianjin Pokp Co., Ltd., which plans to acquire, has made 11 consecutive boards.
Tianpu Co., Ltd. (605255)
III. Strategy
The market continues to shrink again, and the index amplitude is also very small. A typical state where you cannot fall or dare not rise. If you fall again, it will break the level, and the rise will lack motivation. This state is a manifestation of the market having no direction and funds being confused. To sound the new upward clarion call, either technology stocks will revive their strength or the market will find a new breakthrough. The commonality of the two situations is that the volume can be effectively released. One noteworthy signal is that as Tianjin Pu shares have a continuous board effect, the strength of funds to take on continuous board stocks seems to be becoming stronger, especially Jianbang shares have "length legs" and Hezhan Energy has straight up and pushed the board. As analyzed by internal reference in the early trading on Tuesday, we must be wary of some changes that may occur in the market, especially changes in speculation mode, from trends to continuous boards. After all, since the end of Tibet Tourism's 9th board, the market has not yet emerged with a recognizable continuous board popularity stock for more than two months. Continue to track the opportunities and performance of Shoukai shares on Thursday!
This article belongs to Guhong's personal investment diary and cannot be used as the sole basis for investment decisions. Guhong does not assume any responsibility for any direct or indirect investment profit or loss caused by the information provided in this article. The stock market is risky, so be cautious when entering the market.
