On February 21, the three major A-share stock indexes opened low and went high, continuing to maintain the leading trend, among which the Shanghai Composite Index once approached 3,000 points intraday, achieving six consecutive yang. As of **, more than 4,100 A-shares are in the red, the number of daily limits is more than 150, and the net purchase of northbound funds exceeds 13.5 billion yuan. On the market, sectors such as education and micro-cap stocks led the gains, and large financial stocks collectively strengthened. In the view of industry experts, the recent wide range of opinions and intensive voices of the regulatory authorities reflects the determination of the China Securities Regulatory Commission to maintain market stability, and has played a great role in boosting the subsequent trend of the capital market.
The Shanghai Composite Index rose nearly 1%.
On February 21, the three major A-share stock indexes opened low and moved high, and collectively closed higher.
Trading** shows that on February 21, the Shanghai Composite Index opened 057% at 290602 o'clock; The Shenzhen Component Index opened 086% at 88297 points; GEM refers to the lower opening 102% at 172845 points.
Shortly after the opening, the three major stock indexes collectively went up and turned red, and the three major stock indexes rose more than 2% during the session, of which the Shanghai Composite Index reached a maximum of 299461 points, approaching 3000 points. The gains of the three major stock indexes narrowed in late trading, and finally the Shanghai Composite Index closed at 295096 points, closed up 097%；The Shenzhen Component Index closed at 897597 points, closed up 079%；The GEM index closed up 036% at 175248 points.
Looking at the extended time, since February 6, the three major A-share stock indexes have continued to be the first, among which the Shanghai Index and the Shenzhen Stock Exchange Component Index have achieved six consecutive positives.
On the disk, the education, micro-cap stocks, and wine industry sectors led the gains, of which the education sector rose by a total of 19 in the past three days61%；High-bandwidth memory, first-class medicine and other sectors were among the top decliners.
In terms of transaction value, the turnover of the Shanghai Stock Exchange was about 45092.2 billion yuan, ** transaction amount of about 52932.9 billion yuan, totaling about 98025.1 billion yuan, an increase from the previous trading day.
In addition, northbound funds continued to "run" into the market on February 21, and as of **northbound net funds** was 1359.5 billion yuan, of which 96 percent were net in Shanghai-Hong Kong Stock Connect4.1 billion yuan, Shenzhen Stock Connect net **395.4 billion yuan.
Hong Kong stocks also rose sharply, with the Hang Seng Index closing up 157%, the Hang Seng Tech Index closed up 266%。Among them, Chinalco International rose by more than 36%, Longfor Group rose by more than 9%, Ping An of China rose by more than 6%, and China Merchants Bank rose by more than 5%.
Yang Delong, chief economist of Qianhai Open Source, said that Liulianyang is undoubtedly a very positive signal, which is expected to promote the confirmation of the reversal trend of the A** field, from the previous **downward to **upward**. The bull market in the Year of the Dragon is about to come out, which may form a strong money-making effect and attract more funds to enter the market.
More than 150 shares are up and down.
Driven by the index, the money-making effect of A-shares is obvious, with more than 4,100 shares floating in the red and more than 150 shares up and down.
Specifically, a total of 4,106 shares** and 1,109 shares** of A shares rose and fell as a whole, of which the number of up limits reached 155 and the number of down limits was 0. In the eyes of well-known people in the market, there is no ** limit, which is a very rare situation.
Recently, due to the release of SORA, the Wensheng ** concept stock Insai Group, which has attracted much market attention, won three consecutive boards, with a price of 4242 yuan shares, up 20%; Danghong Technology also rose sharply, closing up 1865% to 3365 yuan share.
It was announced that the company's wholly-owned subsidiary, Fangxin Technology, *** Xinzhiyue financial and taxation large model algorithm, "through the deep synthesis service algorithm for the filing of the financial interconnection, the stock price "one" word limit, quoted at the price limit of 76 yuan shares, an increase of 999%。
In addition, on February 21, large financial stocks such as banks and insurance rose collectively, among which Ping An Bank stopped and closed up 998%；Bank of Ningbo, Qilu Bank, Xinhua Insurance, etc. rose more than 5%.
It is worth mentioning that from February 18th to 19th, at the beginning of the Spring Festival, the China Securities Regulatory Commission held a series of symposiums to listen to the opinions and suggestions of all parties on strengthening capital market supervision, preventing and resolving risks, and promoting the high-quality development of the capital market.
In Yang Delong's view, the symposium released a very positive signal, the regulatory authorities listened to the voices of all parties in the market, adhered to the problem-oriented, and carried out targeted reform and deployment in response to the problems with high market voices and strong repercussions, reflecting the determination of the China Securities Regulatory Commission to maintain market stability and adhere to the main responsibility of supervision. The suggestions and suggestions of all parties in the market on the current capital market reform have allowed investors to see the direction of the future development of the capital market. The recent series of market reform measures have greatly boosted investor confidence and laid a solid foundation for promoting the reversal of the capital market and achieving a structural bull market**.
Judging the market outlook, Yang Delong said that the ** in 2024 belongs to the trend of low and high. The market before the Spring Festival has fully reflected all kinds of risks. With the intensification of the "national team" entering the market and the deepening of the reform of the capital market, the capital market is gradually reversing the upward trend. It is recommended that investors must overcome the psychology of panic and adhere to the concept of value investment. Seize the investment opportunities in the Year of the Dragon by laying out high-quality leading stocks that have been wrongly killed and high-quality ** in the historical outsole position.
Beijing Business Daily reporter Ding Ning.