Today, A-shares rose and fell, and the ChiNext Index and the Science and Technology Innovation 50 Index both turned from red to red, and both hit new lows in more than four months. The transaction volume of the two cities was enlarged to 703.2 billion yuan.
On the disk, sectors such as electric power, national defense and military industry, copper cable high-speed connection, and consumer electronics were among the top gainers, while sectors such as wine, brokerage, daily chemicals, and real estate were among the top decliners.
Wind real-time monitoring data shows that the electronics industry has received a huge net inflow of more than 8.4 billion yuan of main funds today, the national defense and military industry has received a net inflow of more than 3 billion yuan, and many industries such as communications, automobiles, and non-ferrous metals have also received a net inflow of more than 2 billion yuan. The net outflow of major funds in food and beverage exceeded 1.7 billion yuan, and the net outflow of medicine and biology, media, non-bank finance, and computer exceeded 100 million yuan.
Looking ahead, China Merchants Securities pointed out that as July entered the performance forecast disclosure period, the weight of the impact of performance on style increased. Historical data statistics in the past ten years show that in the performance disclosure period, the market mostly chooses large-market leaders with relatively stable performance to hedge, and the value style is relatively dominant in terms of style. In addition, under the market shock adjustment in June, ETFs have become the main incremental funds, and the Third Plenary Session of the Central Committee is expected to continue to expand near the Third Plenary Session in mid-July, and it is expected that the scale index ETF is expected to continue to expand and play the role of market stabilizer, thereby contributing incremental funds to the leading style.
Ping An Securities believes that the medium-term structural opportunities in the equity market are increasing, and it is recommended to focus on fundamental signals and policy directions. First, the direction of new qualitative productivity driven by policy support and industrial trends; the second is the overseas sector of enterprises that are globally competitive and benefit from foreign demand; the third is the price increase chain that is more affected by supply constraints and is expected to continue; Fourth, we will continue to allocate a stable dividend strategy, focusing on the diffusion opportunities of high dividend allocation and the transformation of earnings expectations.
In terms of hot spots, power stocks rose sharply across the board, led by smart grids, and the sector index rose nearly 4% intraday. Xinte Electric bucked the trend in the afternoon and rose by 20% in a straight line, and the trading volume increased sharply by more than 7 times compared with yesterday; Heshun Electric, Moen Electric, Changgao Electric New and other daily limits or rose by more than 10%.
UHV, virtual power plants, wind power, nuclear power and other sectors also have a strong upward trend, Valin Cable, Valin Seiko, Tsit Wing Technology, Wall Nuclear Materials and other batch limits.
Today, the National Energy Administration released the national power industry statistics from January to May. As of the end of May, the country's cumulative installed power generation capacity was about 3.04 billion kilowatts, a year-on-year increase of 14.1%. Among them, the installed capacity of solar power generation was about 690 million kilowatts, a year-on-year increase of 52.2%; The installed capacity of wind power was about 460 million kilowatts, a year-on-year increase of 20.5%.
From January to May, the country's major power generation enterprises completed an investment of 257.8 billion yuan in power projects, a year-on-year increase of 6.5%. The investment in power grid projects was 170.3 billion yuan, a year-on-year increase of 21.6%.
Northeast Securities pointed out that in the context of the dual carbon goal, the reform of the mainland power system is expected to continue to deepen, and the transaction price will fluctuate with the cost of power supply and power supply and demand. Compared with overseas, the mainland spot market, ancillary services market still has a broad space for development, with the large-scale, high proportion of new energy access to the power system, thermal power, hydropower, energy storage, virtual power plants and other system regulatory resources will gradually increase the importance, according to the "who serves, who profits, who benefits, who bears" overall principle, the future profit mode and profitability is expected to increase.
Brokerage stocks suddenly plunged collectively in the afternoon, which became one of the important reasons for the weakening of the broader market in the afternoon. The brokerage sector index rose nearly 1% in early trading, but at around 2 p.m., it fell sharply, falling nearly 2% intraday, hitting a new low since November 2022.
Oriental Fortune, with a market value of more than 160 billion yuan, crashed in the afternoon, and the stock price plummeted, falling nearly 9% at most, as of the close, the decline was narrow, but it still fell 6.88%, and the stock price hit a five-and-a-half-year low since October 2018, and the transaction price soared from 1.48 billion yuan yesterday to 4.53 billion yuan.
Everbright Securities also plunged sharply in the afternoon, falling nearly 7% at most, approaching the lowest point of the year, to close at 14.62 yuan, down 3.82%, and the transaction was also several times larger than yesterday. Huaxin shares, Capital Securities, CICC and other top decliners.