The Shanghai and Shenzhen markets opened lower in early trading on Friday after a weak shock, and the decline narrowed in the afternoon. By the end of the day, the Shanghai index fell 0.87% to close at 3355, the Shenzhen Composite Index fell 0.84%, the GEM index fell 0.54%.
Volume, turnover of 838.7 billion, compared with the previous day significantly shrinking.
Northbound funds, a net outflow of 6.3 billion throughout the day. Individual stocks rose less and fell more, the market sentiment fell back.
Board, semiconductor, airport shipping, film and media led the rise, food, liquor, medical services led the fall.
There were several important news over the weekend
1. Some foreign media reported that the US government is considering putting SMIC on the trade blacklist.
SMIC has responded with two main points: first, we have been operating in compliance; second, the current reports are false rumors.
In fact, whether this news is true or not is not too important. Regardless of whether the final is really included in the blacklist, will force the domestic chip production line to accelerate the glorification, which will benefit the upstream semiconductor equipment and materials for domestic substitution. Related companies you can go to find, it should not be difficult to find.
2. third-generation semiconductor
On Friday, a "China took out the original Z bomb determination to support the semiconductor industry, the third generation of semiconductor industry will be written into the 14th Five-Year Plan" rumors detonated semiconductor plate. This shows that the third generation of semiconductor industry has become a top priority for development.
Compared with silicon materials, the third generation of semiconductor materials have high frequency, high power, high temperature resistance, high radiation resistance, excellent photoelectric properties, especially suitable for the manufacture of microwave radio frequency devices, optoelectronic devices, power electronic devices, the future development of the semiconductor industry is an important direction.
The third generation of semiconductor equipment investment is relatively low, by virtue of China's engineers dividend, in the national system, there is a great opportunity to realize the bend, independent and autonomous.
We can follow the previously written method of how to seize the leading stocks to do, dynamic adjustment of the holdings of individual stocks. But pay attention to the risk of purely conceptual speculation, not too fond of war.
The two shares of Huacan follow the trend route.
3. "Bull short bear long" phenomenon is disappearing
SEC Vice Chairman Fang Xinghai said on September 6, 2020 China International Finance Annual Forum, opening up to the outside world has strongly contributed to the improvement of the quality of the operation of the capital market, the value of the concept of investment is more consolidated, the investment behavior is more rational, the market valuation is more reasonable, the long-term plague of China's stock market. More reasonable, the long-term plague of China's stock market, the so-called "bull short bear long", that is, the impulse market is disappearing, a more rational market for the IPO normalization of the issuance and investor protection provides the basis.
Management's thinking is still hoping to go "slow bull", but also is triggering foreign investment and all kinds of domestic long-term capital into the market. For the leadership speech, we have to pay attention to, the stock market ecology is undergoing significant changes.
4. U.S. stocks plunged for two consecutive days
U.S. stocks plummeted for two days, and stabilized temporarily on Friday night, with the Dow Jones at -0.56% and the Nasdaq at -1.27%.
Be careful to see if A will follow US stocks, if it follows the decline, it may be an opportunity to layout against the trend.
Sunday prompted attention to the risk of consumer and similar high stocks, Friday high stocks or down, for the logic of positive stocks, such as adjustments in the volume of shrinkage, and can be "quietly layout".
This article is just a compilation of personal investment ideas and thoughts, and the stocks mentioned in the article are not recommended as stocks, nor as a basis for trading.