Driven by the strong long-term forces of ultra-low price stocks and ultra-low new stocks, China continued to be strong shorting after a one-hour break in morning trading on Friday (February 23). As of the end of the session: the Shanghai Composite Index closed at 300488 points, up 1652 points, an increase of 055%；The Shenzhen Component Index closed at 906942 points, up 2567 points, an increase of 028%；Small and medium-sized composite index **124%；GEM Comprehensive **161%；Science and Technology 100**193%。The total turnover of A shares is 93008.5 billion yuan, an increase of 12% from Thursday.
Market analysts believe that after the Shanghai market regains 3,000 points, investors should pay attention to the problem of faster rotation rhythm.
Although the Science and Technology Innovation Board once led the market to dive after the opening of the day, the Shanghai Composite Index finally regained the 3,000-point integer mark, and together with the Shenzhen Composite Index, the Small and Medium-sized Composite Index, and the ChiNext Composite Index, it closed up for 8 consecutive trading days, further refreshing the record of the strongest range in the same period of the lunar calendar.
Tongdaxin statistics show that the ratio of A-shares** on the day was 4399:825;The ratio of more than 10% is 120:0;The ratio of rise and fall greater than 5% is 755:9.
On the disk, ultra-falling micro-cap stocks have once again become the "big stars" that shocked the audience. The micro-cap index rose more than 4% for three consecutive trading sessions. At the same time, the micro-cap index has risen by 44 percent in the last six trading days80%, breaking the record increase since its opening.
* In terms of 400 randomly screened micro-cap stocks, Tianmai Technology has a 20% daily limit, Quanwei Technology has a 20% intraday daily limit, Meijim has 2 boards, Boxin shares have touched the daily limit for 3 consecutive days, and Meierya, Dengyun shares and many other ** daily limits.
Stimulated by the surge in micro-cap stocks, the over-falling sub-new stocks rose sharply across the board. The "sub-IPO index" (new shares listed within 1 year) designed by Tongdaxin rose 240%, the "two-year new stock index" (new stocks listed for 1-2 years) rose 219%。Tongdahai has 2 consecutive 20% daily limits, and Weihaide has 6 consecutive 20% daily limits.
At the same time, the group of ultra-low price stocks, which was inferior to the sub-IPO on Thursday, came out on Friday. ST has a tree with a 20% daily limit for 3 consecutive days, and Nachuan shares, Sichuang Yihui, Baina Qiancheng, and Dongjie Intelligent have a 20% daily limit. Tongdaxin's design dynamics of less than 3 yuan of the "penny stock index" rose 2 on the day81%, Nanjing's largest wisdom design dynamic less than 5 yuan of the "penny stock index" rose by 2 on the same day90%。
Can the group of micro-cap stocks, represented by the super-falling sub-new and ultra-low prices, continue to rise next week?
It is estimated that the frequency of rotation will accelerate next week or in the next two weeks. Li Chun, chief investment consultant of Galaxy ** Jiangnan Avenue, said in an interview with upstream news reporters that the low-priced stocks on the GEM are expected to catch up with the top in the form of continuous daily limits.
In Li Chun's view, investors do not need to worry too much about the risk of the index, even if it is a short-term sharp wash, it is not expected to change its upward trend.
The views in the article are for reference only and do not constitute investment advice
Upstream news reporter Wang Ye.