On December 5, 2023, the three major A-share indexes opened lower on Tuesday, with the Shanghai Composite Index falling below 3,000 points in early trading before remaining near that point**. At the same time, the Shenzhen Component Index and the ChiNext Index continued to decline, with the ChiNext Index falling by more than 1%. In the afternoon, brokerage stocks moved, briefly leading the market, but the sustainability was poor, and the three major indexes collectively fell more than 1% at the end of the session. It is worth mentioning that the Beijing Stock Exchange once again ushered in capital speculation, and the Beijing Stock Exchange 50 Index once rose more than 8% to 1,000 points.
As of **, the Shanghai Composite Index was reported at 29723 points, down 167%；Shen Cheng index reported 947036 points, down 197%；GEM index reported 18711 point, down 198%；The STAR 50 Index was reported at 8458 points, down 187%。The turnover of the Shanghai and Shenzhen stock exchanges reached 8224900 million yuan, and the actual net sale of northbound funds was 75$2.1 billion. On the day, the limit was 40 shares, and the limit was 14 shares. The BSE 50 index rose by 728%。
In terms of industry sectors, food and beverage, rubber products, energy metals, non-metallic materials, chemicals and pharmaceuticals and other sectors, while games, Internet services, semiconductors, communication equipment and other sectors were among the top decliners. Dairy, prefabricated dishes, first-class medicine, innovative medicine, aquaculture, chicken concept and other themes are active.
In terms of the summary of important sectors, the food and beverage sector performed outstandingly, with multiple stock daily limits, including Knight Dairy, Gaishi Food, Consistent Konjac, and Runpu Food's 30cm daily limit. The auto parts sector continues to attract attention, and many shares have a daily limit, such as Shenglong shares, Weishi Electronics, Tianan New Materials, etc. The pharmaceutical industry is relatively active, with Zhongke Meiling, Changshan Pharmaceutical, Lianhuan Pharmaceutical, etc. The lithium battery sector has changed, and many shares have a daily limit, including SINOMACH General Motors, Sichuan Energy Power, etc. **Plate**, Chifeng**, Sichuan**, Yintai**, etc. fell more than 3%.
In the analysis of focus companies, PIKA has a daily limit for 4 consecutive days, and Xindaya has a daily limit. Beijing Stock Exchange** Zhisheng Information and Kaihua Materials both have a 30cm daily limit. Won the bid for the GPU computing power service leasing project. Hengrun shares fell to the limit, and its subsidiary Runliuchi responded that the company was operating normally.
Everbright said that the index may remain weak in the short term, with hot spots rotating rapidly and a strong wait-and-see sentiment in the market. A historical review shows that if the year-end blockbuster meeting sends a positive signal, it may further strengthen market confidence and even promote spring**. Therefore, investors do not need to be overly pessimistic. Before and after the blockbuster meeting, the value style (such as big finance, cyclical direction) often has the advantage, and the growth style needs to wait for the industrial policy to set the tone. Therefore, it is advisable to have a balanced configuration.
In the latest interpretation of the institution, Huafu** believes that the market still maintains a weak adjustment, and it is recommended to be prepared to see the bottom, patiently hold a good target, increase positions in a timely manner, and avoid chasing higher. Everbright pointed out that the market has a strong wait-and-see sentiment, and the index may remain weak, and investors do not need to be too pessimistic about the follow-up, and a balanced allocation is appropriate. Guosheng recommends controlling the overall market before it becomes effective, and paying attention to the "institutional heavy position varieties" and some of the restorative opportunities for artificial intelligence and pharmaceutical stocks.
Guosheng suggested that before the market is effective, it is still necessary to carefully control the overall market and moderately low. "Institutional heavy positions" with over-falling characteristics may become the main driving force of the market, and investors should pay attention to the repair opportunities of Huawei's industrial chain and some artificial intelligence and pharmaceutical stocks.