In the first half of this year, the stock market has seen an extreme market that has been rare for many years, between indices and indices, and between individual stocks, there have been two completely different markets.
In terms of stock indexes, the Shanghai Composite Index, the Shanghai Composite 50, and the CSI 300 basically did not fall much, the Shanghai Composite Index fell only 0.25%, the Shanghai Composite 50 rose 2.95%, and the CSI 300 also rose slightly by 0.89%, while other indices fell much more than the other, with the ChiNext falling 10.99%, the Science and Technology Innovation 50 falling 16.42%, the CSI 2000 falling 23.28%, and the Beijing Stock Exchange 50 falling 34.52%
In terms of individual stocks, among all 5,368 stocks, only 832 stocks rose, less than one-sixth of the number of gainers, among the 4,500 falling stocks, more than 4,000 stocks fell by more than 10%, 278 stocks fell by 50% or more, 7 stocks such as Yuancheng Gold that suffered delisting, fell by more than 90%, ST shares, delisted stocks, and the decline was miserable
In the first half of this year, only 5 stocks doubled, only Zhengdan shares rose by more than 200%, and 114 stocks doubled in the same period last year, and the top ten stocks all rose by more than 300%, and in 2018, which is recognized as the most bleak bear market in recent years, 51 stocks doubled at that time
Correspondingly, the state-owned core assets with stable dividends of the head of the stocks, but the performance is very good, shipping flagship COSCO Shipping Holdings rose 65.67%, the oil industry's two trillion market capitalization giants PetroChina and CNOOC rose 51.10% and 57.37% respectively, PetroChina rose for the fourth consecutive year, with a cumulative increase of 3.5 times, CNOOC has continued to create record highs since its listing on the A-share market in 2022, and the banking sector as a whole has risen 16.52%, Bank of Nanjing rose 51.90%, becoming the 19th bank with a total market value of more than 100 billion A-shares, Industrial and Commercial Bank of China, which has the reputation of the first bank in the universe, also rose 19.25%, and the stock price approached the highest price in history, CRRC, which had been silent for many years, rose 42.78%, China Nuclear Power and China General Nuclear Power rose 42.13% and 48.87% respectively, China Shenhua, which has maintained a high dividend yield for many years, rose 41.5%, and China Mobile, which rose sharply last year, rose 10.49%, and the stock price stood firm at the 100 yuan mark. The total market value reached 2.30 trillion yuan, surpassing Kweichow Moutai and beating the Industrial and Commercial Bank of China to become the new first brother of A-shares
So, what kind of results have you achieved after such an extreme market in the first half of the year? Is there still confidence in the market in the second half of the year?