[stock market close] A-share size index diverges obviously from lithium battery and chip pullback.

Today, there is an obvious differentiation between the two markets, with the Prev up 1% and the gem index down 1%. The over-falling financial property rights, heavy consumption, and white horse stocks in traditional industries have rebounded collectively, while lithium electricity, chips and other high-level high-prosperity track stocks have been callback. as a result, there is a trend of differentiation between the main board index and the gem index and the science and technology board index, and the seesaw effect of the market as a whole appears, and the switch between high and low is obvious. Salt Lake shares will resume listing tomorrow, and the market is worried about its siphoning effect. Funds in the new energy sector have been snapped up ahead of time. Ningde era closed down more than 5%, and at one point it fell more than 7% in intraday trading, but some of the funds returned to Salt Lake to extract lithium at the end of the day, and a number of stocks closed higher. Real estate, furniture supplies, home appliances plate overfell rebound, Dream Lily, Jiangshan Europe, such as the limit, Jindi Group, Poly Real Estate, Vanke A soared; The big consumer sector showed a bright performance, food and beverages staged a rising and stopping trend, more than a dozen stocks, such as Zhongjing Food, rose by the daily limit or more than 10%, liquor concept stocks were active throughout the day, Huangtai liquor industry and rock shares rose by the limit, pork stocks continued to rise sharply in the afternoon, and Muyuan shares rose by the daily limit. Before that, the shares of superstar agriculture and animal husbandry and Xiangjia rose by the daily limit. On the disk, furniture, food and beverages, real estate were among the top gainers, while semiconductors, electrical equipment and non-ferrous materials were among the top declines. As of the close, the Prev index rose 1.05% to close at 3494 points, the Shenzhen Composite Index rose 0.77% to close at 14941 points, and the gem index fell 0.98% to close at 3456 points.

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

Haitong Securities said that as of August 5, the country's new round of epidemic has affected 17 provinces and municipalities directly under the Central Government. Due to the faster spread of the epidemic this round, the prevention and control of the epidemic in various places has escalated again, and prevention and control efforts are also being strengthened in areas where local cases have not yet been found. What is the impact of this epidemic on China's domestic economy?

Referring to the epidemic situation in Guangdong from May to June, we believe that the impact of this epidemic on industrial production may be relatively limited, but it will significantly affect the growth of consumption. The current epidemic may drag down social consumer retail in some cities by about 10 percentage points in August, and then drag down the growth rate of social consumer retail nationwide by about 2.9 percentage points. It is worth noting that consumption of catering, tourism and other services is relatively more affected by the epidemic, especially in some of the cities affected by the current epidemic are tourist cities. Therefore, this round of epidemic has obviously increased the downward pressure on the economy, and the follow-up policies are easy to loosen but difficult to tighten, and may turn to more comprehensive policy easing next year.

West China strategy team said that new energy, carbon neutralization, hard technology and other sector policy certainty is relatively strong, while other areas are constantly sudden. This has also strengthened the market expectation to a certain extent, the market continues to be extremely structured, funds are concentrated into the new energy industry chain and electronics (semiconductor) industry with high prosperity and high growth, and the chips of the growth track are further crowded. In the current environment of extreme differentiation of market style, it is recommended to pay attention to the opportunities for the spread of the economy, such as military industry (event-driven + high performance growth) and computers (funds going northward for two months in a row). The liquidity gap in August is expected to transition smoothly. In terms of style, the "hard technology" related industry chain has policy support, which is also the direction for public offering funds to adjust their positions and increase allocation, but the chips on the popular track are crowded, and the relevant sectors have risen too fast in the early stage, and fluctuated or intensified in the future. It is suggested that investors reasonably reduce their expected returns and pay attention to the opportunities for the spread of the economy.

According to the East Asian Qianhai strategy, under the background that the issuance peak of public offering funds is coming to an end and the inflow of overseas funds is slowing down in the middle of the year, the superimposed recent large-scale IPO will increase the pressure on market funds, the game of market stock will further intensify in the future, the level of funds in the market will be switched, and the market diffusion effect will be further strengthened in the future. Investors need to be cautious in the third quarter and wait patiently for the concentrated release of market risks. In the short term, there are signs of slowing down the inflow of funds. With the recent landing of China Telecom's IPO and the promotion of Syngenta IPO, the pressure on capital outflows will rise in the coming period of time, so it is necessary to guard against the market "flash collapse" caused by the expansion of the gap between supply and demand on the capital side. In the context of the stock game, pay attention to the movement of funds to stagflation small market capitalization stocks.