The broader market was volatile throughout the day, with all three major indexes falling slightly.
On the plate, cyclical stocks such as rare earth and nonferrous metals collectively strengthened, among which the rare earth permanent magnet sector rose sharply against the trend, Galaxy Magnet and Zhongke Magnetics 20CM rose to the limit, and China rare earth rose to the limit; Small metal concept stocks are active again, Oriental Tantalum, Yunnan Germanium, Chihong Zinc Germanium, Luoping Zinc Power Limit Up.
The real estate sector soared intraday, and the shares of Electronic City and Jinke rose to the limit.
Cap-taking concept stocks strengthened in the afternoon, and Dalian Thermal Power and Guohua Wangan rose to the limit. On the whole, today's market hotspots are relatively scattered, and most sectors have seen a trend of rushing higher and falling. In terms of decline, the concept stock of reducer fell sharply, Haozhi Electromechanical and Youde Precision fell by more than 10%, and Southern Precision and Xiangyang Bearing fell to the limit. Overall, individual stocks fell more or less, and more than 3,500 stocks fell in the two markets. The trading volume of Shanghai and Shenzhen today was 867.8 billion, a decrease of 61.5 billion from the previous trading day.
Sector-wise
Non-ferrous small metals rose in the forefront today, including Luoping Zinc Power, Yunnan Germanium, Oriental Tantalum, Dongfang Haoye, Chihong Zinc Germanium, Guangsheng Nonferrous Metals, Zhongjin Lingnan and other stocks rose more than 6%. On the news, jointly announced by the Ministry of Commerce and the General Administration of Customs, export control of gallium and germanium-related items will be implemented from August 1. As the world's largest producer of gallium metal (supply exceeds 90%) and the world's highest producer of germanium metal (supply exceeds 60%), China has a huge impact on the global supply chain. In general, for domestic GaAs substrate epitaxy, raw materials, etc. may reduce prices, overseas GaAs substrates, raw materials have increased prices and supply is in short supply, and the pressure on overseas substrate manufacturers has increased.
In addition, as a national strategic resource with a high degree of market identification, the rare earth permanent magnet sector has been speculated by the extension of funds. Rare earth concept stocks rose collectively, of which ChiNext Zhongke Magnetics and Galaxy Magnet both rose by 20CM, Earth Bear and Longci Technology rose by more than 10%, China Rare Earth and Chuangxing Resources rose by the limit, and North Rare Earth, Ningbo Yunsheng, Sheng Resources and other stocks rose first.
On the other hand, the third generation of rare earth permanent magnet materials, with the characteristics of small size, light weight and strong magnetism, have a wide range of application prospects in the robot industry. According to Wenshuo information data, Tesla needs 3.5kg of high-performance NdFeB magnets for each humanoid robot. According to Goldman Sachs data, global shipments of humanoid robots will reach 1 million units in 2023, assuming that according to the 3.5kg of magnetic material required per unit, the high-performance NdFeB required by humanoid robots will reach 3,500 tons. Therefore, the wave of robots has become another major driver of the recent activity of the rare earth plate.
From the perspective of the market, the full outbreak of non-ferrous and small metals today can be described as "unexpected and reasonable". In fact, the news of the implementation of export control of gallium, germanium and other related rare metals was revealed before the opening of yesterday, but yesterday's related stocks mostly showed feedback on the rush and fall, so today's secondary fermentation in this direction is indeed more than expected. However, from the perspective of market rotation, since the rebound of this round of indexes, such as the new energy track, the automobile industry chain, big consumption, big finance, and even innovative drugs have ushered in a rebound repair, so today's rebound of cyclical stocks represented by nonferrous metals still belongs to the category of disk rotation.
More importantly, in the context of continuous shrinking volume, market risk appetite continues to decline. The previously hot robot concept has suffered a collective plunge, and the automotive industry chain, which strengthened across the board yesterday, has also suffered a certain degree of differentiation. Compared with relaying those high-level hot spots, more funds still choose low-level theme mining. It should also be noted that after cyclical stocks such as rare earth and nonferrous metals have experienced today's huge increase, the expected interpretation of this direction may be full, and the subsequent continuity remains to be observed.
In terms of individual stocks
The robot (reducer) suffered a collective plunge, Haozhi Electromechanical and Youde Precision fell by more than 10%, and Southern Precision and Xiangyang Bearing fell to a stop. On the whole, except for a few live mouths of Demax and KONE Technology, the sector as a whole has doubts about ebb and flow. As one of the most recognized themes in the adjusted market, when its money-losing effect cannot be quickly repaired, it is bound to cause a drag on short-term sentiment.
On the other hand, the AI direction expects that the short-term rebound will not come, and the CPO sector, which previously had relatively strong repair strength, suffered a significant correction again this afternoon. Once the AI direction continues to be weak, it cannot be ruled out that the relevant stocks will encounter secondary selling pressure under the action of disappointment.
First, the overview of the plate
The Shanghai Composite Index opened low and went low today, closing at 3222.95, down 0.69%, down 22.40 points (standing on the 5-day, 10-day moving average), and the short-term indicator was flat after the low golden cross.
The ChiNext index opened high and low and went down, down 0.91% (lost 5 days, stood 10-day moving average), and short-term indicators turned down after the low golden cross.
The average stock price index opened low and went down, down 1.03% (standing at the 5-day and 10-day moving averages). The short-term indicator continues to move flat from the golden cross in the low area.
The total trading volume was 867.476 billion (yesterday 928.847 billion), and the trading volume shrank to the level of 0.8 trillion.
The number of gainers was 3,011 (3,011 the previous day), and 235 were flat or suspended
The number of declines was 1410 (1938 the previous day).
Increase by more than 5%: 107 (yesterday 196),
There were 74 companies that fell by more than 5% (22 yesterday).
There are 34 companies with an increase of more than 10% (67 yesterday), 11 ChiNext boards that rose more than 10%, 4 up limits, and more than 10% of the science and technology innovation board 1 0 up limit. A total of 26 companies rose (49 yesterday).
There were 11 companies that fell by more than 10% (4 yesterday) and 4 that fell (2 yesterday).
The sentiment index is 43 points, freezing point (74 points yesterday, recovery), and the main board is as high as four consecutive boards. GEM 2 board.
The number of companies that rose yesterday was 49 (42 the previous day) (excluding ST and one-word new stocks), 7 (6 the day before) continued to be connected, with a continuous board ratio of 14.3% (14.3% yesterday), 1 ChiNext and 0 STAR Market.
Yesterday there were 6 stocks on the board (8 the day before) and 3 stocks on the board (4 the day before).
Yesterday's continuous board continued with four consecutive boards: Zhejiang Shibao, Linzhou Heavy Machinery, Hermei Group.
Market main board with board echelon (see figure) :(green indicates a weak board at the end of the plate, dark blue is a word board)
Four plates: 4 pcs,
Zhejiang Shibao (unmanned) word board.
Hermei Group (cross-border e-commerce) changes hands to the second board.
Linzhou heavy machinery (photovoltaic, robot) storm change panel.
GEM II: 1,
Guangzhi Technology (project investment).
Second board: 3pcs,
Hop Hing shares (auto parts) downsizing board.
Yunnan germanium industry (germanium) changed hands T-board.
Fuda alloy (gallium metal) burst greatly long legs.
Today, there are 16 main boards on the first board (38 yesterday), 3 on the ChiNext board, and 0 on the science and technology innovation board.
Today there are 7 stocks on the board (6 yesterday), 3 second board and 3 fourth board. GEM II (see figure).
The main board has up to four boards: Zhejiang Shibao, Linzhou Heavy Machinery, Hermei Group. GEM II: Guangzhi Technology.
Strong trend:
GEM Market:
Leader: Liante Technology
Strong holding: Demeis, Huaan Xinchuang, Huilun Crystal, Zhenghai Magnetics, Weitang Industry, Jinli Permanent Magnet, Const, Zhongjie Seiko, Golden Sun, KONE Technology, Jiangnan Yifan, Dongtian Micro,
Weak suction: Zhaolong Interconnection, Liante Technology, Kunzhou Shipbuilding Intelligence, Wanshun New Materials, Huayan Precision Machine, CTI Navigation,
(Falling below the 5-day line:.) Falling below the 10-day line: Zhongji Xuchuang, Xinyisheng)
Daily Picks:
Mainboard:
Strong holding: Cialis,
Weak suction: (fell below the 5-day line: Cambridge Technology, Zhongma Transmission, Hongbo shares, fell below the 10-day line: iFLYTEK, Zhongdaide, Huaxi shares, Southern Precision, Xinshida)
2. Hot spots and main lines
Concept sector price increase number ranking:
1. New energy vehicle {20cm: 1 + main board price limit 2}, four boards, Zhejiang Shibao led the rise. Chuangyi board: Zhongke Magnetics.
2, robot {0+3}, four boards, Linzhou heavy machinery led the rise.
3, rare earth permanent magnet {2+2}, 2 first plates, create a board: Zhongke Magnetics.
4, scarce resources {0+3}, the second board, Yunnan germanium industry led the rise.