[stock market close] the three major A-share indexes continued to fall, lithium battery, non-ferrous and other sectors retreated.

In the afternoon, the lithium battery, non-ferrous and automotive sectors continued to fall, driving the index to accelerate its decline. The Prev closed down 1.07%, and the volume of the gem index fell below the 3200-point neckline, forming a small double head. More than 2900 stocks in the two cities closed down, the market sentiment was lax, the theme was depressed as a whole, and the effect of losing money appeared. Lithium battery, medical beauty, liquor, non-ferrous, health care, new energy vehicles and other trend plates fell throughout the day, Hongmeng concept stocks changed in the afternoon, the sky board of wisdom education was reversed, and the hypergraph software pulled up and hit the limit in a straight line. The concept of third-generation semiconductors and LED has been strong for two days in a row, with many stocks rising by the daily limit in the plate. On the market, mining services, Hongmeng concept, third-generation semiconductors are among the top gainers, while Lithium extraction from Salt Lake, automobiles and Ningde era concepts are in the forefront of declines.

As of the close, the Prev index fell 1.07% to close at 3518 points; the Shenzhen Composite Index fell 2.57% to close at 14295 points; and the gem index fell 4.18% to close at 3125 points. The net outflow of Shanghai shares is 199 million yuan, while that of Shenzhen stocks is 206 million yuan.

Guosheng Securities mentioned that at present, the market is in a special time window of "July 1," and the science and technology sector, as one of the important themes of "centennial gifts", superimposes the good performance expectations of most stocks, which should be highly persistent and can be arranged for bargain hunting. Operationally, pay attention to the support of Prev around 3540 points (30-day moving average). If the volume can follow up strongly, the market may stabilize and rebound after a short adjustment. Under the premise of controlling the position, pay attention to the recent repeatedly active science and technology, liquor, military industry and other sectors, grasp the rotation opportunity under the structural market, or a good choice for the current market.

Guotai Junan judged that if you break free from the shackles of inflation, the shock will not last long, and then pull up. The market continues to fluctuate in a narrow range this week, which will be pulled up again after the shock Xu Li, which is driven by the accelerated downward trend of denominator risk assessment. 1) denominator side: the accelerating trend of inflation drives the risk assessment to continue to decline. Since March, with the rapid rise of PPI, the market has entered the fog of inflation, and the market can not get out of the shock pattern under the high uncertainty. By late May, the uncertainty of inflation, liquidity and other issues of concern to the market gradually converged, driving the marginal decline of risk assessment, and the market stepped onto the first stage. At present, with the economic data settling down in May and the high point of domestic inflation this year as scheduled, the market will come out of the inflation fog and the downward trend of risk assessment will accelerate again. From the historical market of China and the United States, we can see that with the decline of uncertainty, the core equity index is likely to rise. The superimposed risk-free interest rate is easy to cooperate with, and the kinetic energy at the denominator end is strong. 2) Molecular side: there is no need to be pessimistic about weakening profits. The market ignores the possibility of negative earnings growth in the fourth quarter, but negative earnings growth is a blessing and misfortune. In history, when the profit growth rate changes from positive to negative, liquidity is easy to loosen but difficult to tighten, and the negative increase in earnings helps to relieve the pressure on the denominator, so there is no need to be pessimistic.

Societe Generale Securities Research and judgment, the domestic economic stability period, policy warm wind period, liquidity-friendly period, three phases superimposed. Overseas European and American economic recovery period, liquidity relaxation period, epidemic spread slowdown period, three periods of overlap. China and the United States high-frequency economic data once again confirmed that the current internal and external three periods of resonance, the market is long, without hesitation. The market is from the "centenary" market layout, slowly unfolded, gradually getting better, into the hot, scorching sun, sunny "summer market". At this stage, the growth style that has been emphasized will be the main source of excess income.