China Business Daily (Reporter Ma Wenbo) On the penultimate trading day before the Spring Festival, A-shares continued to strengthen, and the turnover of the two cities returned to one trillion yuan, for the first time since November 21, 2023.
On February 7, A-shares opened, and the Shanghai Composite Index opened 007%, the Shenzhen Component Index opened 005%, GEM refers to 026%。As of **, the Shanghai Composite Index rose 144% to close at 282970 points; The Shenzhen Component Index rose 293% to close at 870824 points; The GEM index rose 237% to close at 170702 o'clock.
As of **, the turnover of the Shanghai and Shenzhen stock exchanges was 1,021.9 billion yuan, and the net northbound funds were **16$8.4 billion. Nearly 100 stocks in the two cities have a daily limit, more than 2,200 **stock prices**, and CSI 500 and Kechuang 100 have both risen by more than 5%.
The concept of rare earth permanent magnets led the rise throughout the day, with a 20cm daily limit for Zhongke Magnetics, and a daily limit for many stocks such as Yingluohua, China Rare Earth, Guangsheng Nonferrous Metals, Shenghe Resources, and Zhongke Sanhuan.
According to the information on the official website of the Ministry of Industry and Information Technology, on February 6, the two ministries and commissions issued the first batch of rare earth mining, smelting and separation total control indicators in 2024, which are 1350,000 tons, 1270,000 tons. The year-on-year growth rate of the first batch of separation indicators was %, respectively, and the growth rate was lower than expected, and the supply margin tightened.
In addition, Jin Zhuanglong, Minister of Industry and Information Technology, recently said that he would promote the high-end application of rare earths in aerospace, electronic information, new energy and other fields.
According to the national finance research report, the supply growth rate is declining, the supply and demand pattern is improving, and rare earth is expected to bottom out. In the process of rare earth development, resource leaders and growth targets are expected to fully benefit.
The automobile industry chain is strong, automobiles, solid-state batteries and other sectors, JAC Motors, Cialis daily limit, Cialis returns to the market value of 100 billion yuan. On February 6, the sales ranking of new energy vehicle companies in the first week of February 2024 (January 29 to February 4) was released. The sales volume of the Wenjie brand cooperated by Cialis and Huawei continued to rise, with 0Weekly sales of 90,000 units continue to occupy the top five sales of luxury brands in the Chinese market, behind Audi, BMW, Mercedes-Benz and Tesla.
On February 7, the Ministry of Commerce and other 9 units issued opinions on supporting the healthy development of new energy vehicle cooperation and encouraging overseas R&D cooperation. Encourage new energy vehicles and their first-chain enterprises to make efficient use of global innovation resources, set up R&D centers overseas in accordance with laws and regulations, actively establish strategic cooperative relations with foreign research institutions and industrial clusters, integrate into the global new energy vehicle innovation network, and enhance China's innovation capabilities in new energy vehicle design, R&D and engineering technology.
Cinda** said that in 2024, China's auto market is expected to remain stable and upward in 2024, driven by factors such as stable domestic demand, supply opening, and export growth. At the structural level, we will focus on grasping the four incremental main lines of "strong vehicle industry chain + intelligence + parts going overseas + chassis aftermarket" to tap excess opportunities.
Jufeng Investment Consulting believes that from the effect point of view, the increase in holdings of Huijin Company not only brings incremental funds to the market, helps to calm market fluctuations, but also sends a positive policy signal to the market and boosts market sentiment and confidence. In the short term, after the market has experienced a recent continuous decline, the short-term policy boost will help the market stabilize and repair.
Note: **Derived from a straight flush, this article does not constitute any investment advice).