A-share review | The three major indices collectively closed and the GEM index rose 2.25%, leading the semiconductor industry chain
The Zhitong Finance App learned that on September 18, the three major A-share indices fluctuated higher throughout the day and closed higher collectively, with the GEM Index and Science Innovation 50 leading the way. At the close, the Shanghai Stock Exchange Index rose 0.94% to 3911.87 points, the Shenzhen Stock Exchange Index rose 1.72% to 13640.87 points, the GEM index rose 2.25% to 3372.68 points, Science and Innovation 50 rose 2.88% to 1652.63 points, and the Beijing Stock Exchange 50 rose 1.79% to 1044.34 points. The daily turnover of the Shanghai and Shenzhen markets was about 2.08 trillion yuan, an increase of about 254 billion yuan compared to the previous trading day. In the entire market, individual stocks rose by 4,234, fell by 1,152, and closed by 179, up and down 80, and 1, accounting for about 76% of the increase. On the market, gains were highest in the semiconductor industry chain, sub-IPOs, real estate, etc., and individual stocks were partially active in big consumption and innovative pharmaceuticals; sectors such as coal, banking, and automobiles showed a slight correction.
driving factors
The three major indices collectively closed higher. The GEM Index rose 2.25%, the Science and Innovation 50 led by 2.88%, the Shanghai Stock Exchange Index rose 0.94%, the Shenzhen Stock Exchange Index rose 1.72%, and the Beijing Stock Exchange 50 rose 1.79%.
The turnover of the Shanghai and Shenzhen markets was about 2.08 trillion yuan. Compared with the previous trading day, the volume was about 254 billion yuan, and the volume capacity increased significantly.
Individual stocks rose by 4,234, fell by 1,152, rose and stopped by 80, and dropped by 1. The increase accounted for about 76%, and the profit effect was remarkable.
The semiconductor industry chain strengthened across the board. The semiconductor sector rose 3.95% to top the industry's growth list, and there was a collective explosion in the direction of semiconductor equipment, memory chips, advanced packaging, and lithography machines.
Ten departments including the Ministry of Industry and Information Technology jointly issued the “Fifteenth Five-Year Plan for the Development of the Pharmaceutical Industry”, strengthening the pharmaceutical direction such as innovative drugs and CRO.
Popular sector aspects
1. Semiconductor industry chain: Semiconductors, computing power chips, memory chips, lithography machines, etc. have collectively surged, ranking at the top of the two markets' growth lists. Torrance rose and stopped at 20CM, while Huatian Technology, Chengbang Co., Ltd., Shengjingwei, and Broadcom integrated rises and stops. According to the news, according to a report by the China Securities News on September 17, industry insiders revealed that the delivery cycle for key components of South Korea's semiconductor manufacturing equipment has been extended by more than double; Micron Technology executives expect that the new supply of memory will not begin to rise until 2028.
2. Sub-IPOs: A collective explosion of near-term sub-IPOs. Xihua Technology had 4 consecutive markets; Tencent Precision, Ma Kuang Co., and Haian Group rose and stopped; Shengu Group (C Shengu) closed up 177.74% on the 2nd day of listing, and rose nearly 300% during the intraday period.
3. Real estate: The real estate development sector boosted. Vanke A, World Wide Bank, and Greenland Holdings went up and down, while Xincheng Holdings hit an intraday rise or stop and closed up 9.87%. According to the news, the newly revised “Housing Provident Fund Administration Regulations” will be implemented on September 20. The Ministry of Housing and Construction stated at the press conference of the State Information Office on September 18 that the “15th Five-Year Plan” period will expand the coverage of the housing provident fund system and support individual businesses and flexible workers to make voluntary deposits.
Adjust the section
Sectors such as coal, banks, and automobiles pulled back slightly on the same day, and the trend was weak. Dayou Energy led the decline in coal by 3.71%, while Minsheng Bank led the bank's decline by 2.54%. Zotye Auto and Jiangling Motors fell 3.38% and 3.75% respectively. Zotye had the highest decline on the previous day (September 17).