[stock market closes] Lithium and semiconductor chips continue to strengthen in Shanghai and Shenzhen stock markets.

The difference between the size index and the size index is obvious today. The decline in weights such as banks has dragged the Shanghai 50 index down 1.49%, hitting a new low since the adjustment. The mass entrepreneurship and innovation index has performed excellently. The gem index rose 0.69%, and the science and technology 50 rose 2.59%, setting a new high for the year. The turnover of the two cities broke through trillion yuan for six trading days in a row, but individual stocks rose less and fell more, and the market was obviously fragmented. Hengqiang, the strong player of lithium electricity and semiconductor chips, Banks, wine, coal and other weights became the main force to kill, and China Merchants Bank fell nearly 6%. The medium-term performance of some military industrial enterprises exceeded expectations, and the military industrial plate broke out strongly, strengthening for two consecutive trading days, with more than 10 stocks rising by the limit or more than 10%. On the disk, the defense industry, photoresist, semiconductors and components are among the top gainers, while coal, CRO concept and medical beauty are in the forefront of declines. As of the close, the Prev index fell 0.79% to close at 3525 points; the Shenzhen Composite Index fell 0.38% to close at 14882 points; and the gem index rose 0.69% to close at 3432 points.

For the future market trend, institutions have expressed their views.

Everbright Securities believes that differences may be ushered in after a strong rebound in the index, but there is little possibility of a rapid decline, and there is a high probability that the rotation of the plate will accelerate, so we can pay attention to the potential of the financial and technology sectors. In addition, for the reported performance is expected to maintain a high growth rate of industries such as iron and steel, chemical and other industries should also continue to track.

Wanlian Securities said that A shares may fluctuate upward in the second half of the year. At present, the A-share index is still in a long upward cycle since the end of the fourth quarter of 2018, and the valuation levels of some major track industries, such as consumption, technology and medicine, have risen significantly at this stage. As the economic repair slows gradually, monetary policy is expected to remain stable and loose in order to cope with the uncertainty in the second half of the year, tightening credit or gradually switching to a stable credit stage. The current A-share profit repair cycle is not over, the equity market may continue to divert funds from real estate investment, bank financial management, superimposed public offering, foreign capital and other incremental funds, liquidity still has support. The marginal tightening of overseas liquidity or periodic interference with risk sentiment.

Huaan Securities points out that the market is changing. Market risk appetite has been changing since July. The mood of maintaining stability fades, and the risk events postponed because of the centennial celebration gradually appear, which restrain the risk appetite to a certain extent. At the liquidity level, there has been no significant change in the short term, and the level of interest rates has been relatively stable recently. Later, we need to pay attention to the changes in the liquidity level.

[hot stocks] Aerospace and Aerospace plates have risen sharply by the daily limit of CAAC Shenfei for two days in a row.