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Plate aspect
The two cities only east and west count, precious metals, SMIC concept of the three plates rose, the rest of the plate fell.
In early trading, the concept of East and West arithmetic was active, with Lion Technology, Black Peony, Chengdi Xiangjiang, Yunsai Zhaopin, Zhongjia Bochuang and other stocks rising by the daily limit. As of the close, only Lion Technology, Chengdi Xiangjiang and Zhongjia Bochuang successfully rose by the limit.
From a news point of view, the National Development and Reform Commission, the Central Network Information Office, the Ministry of Industry and Information Technology, and the National Energy Administration jointly issued a circular, agreed to start the construction of national computing hub nodes in Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macau Greater Bay Area, Chengdu and Chongqing, Inner Mongolia, Guizhou, Gansu and Ningxia, and planned 10 national data center clusters.
In terms of industry prosperity, China's digital economy has ranked second in the world for many years in a row, with a year-on-year growth rate of 9.6% in 2020, ranking first in the world. The scale of China's digital economy is expected to exceed 100 trillion yuan in 2030. Dongguan Securities pointed out that with the comprehensive and continuous infiltration of digital technology into all areas of the economy and society, the demand for numeracy in the whole society is still very urgent and is expected to grow rapidly at a rate of more than 20% every year.
Judging from the timing of the start-up of the plate, today's three major indexes all hit a new low of the year, and the mood index also fell below the freezing point. In the absence of the coordination of indices and emotions, the concept of counting east and west may be difficult to maintain the situation that the strong are always strong.
Afternoon growth track, non-ferrous metals and other plates have the strongest linkage with the index. In the growth track, semiconductors took the lead, Jianghua rose by the daily limit at one point, Jiangfeng Electronics, Zhongying Electronics and Ming Microelectronics rose more than 10% at one time, and resonated with the index at the end of the day. The non-ferrous metal plate maintained a strong rebound, with Jinhui shares, Luoping Zinc Power, Zinc Industry shares, Western Gold and Jixiang shares rising more than 5% one after another.
From the news point of view, Shanghai nickel, Shanghai tin main contract rose by the limit, Shanghai zinc and so on rose more than 6%; two days the London Metal Exchange (LME) nickel price continued to soar, today rose nearly 100% more than 100000 US dollars / ton.
From the perspective of industry prosperity, the sharp rise in nickel prices may be affected by geopolitical factors. In addition, high nickel battery is gradually becoming an important development direction of ternary lithium battery. Silver Wanguo futures commented that the sharp rise in nickel prices is more likely to be the bulls hyping the Russian nickel supply crisis in the changing situation in Russia and Ukraine, taking advantage of the situation to force the gap. Russian nickel supply accounts for about 40% of the global circulation. With the growth of Ferro-nickel production capacity, the amount of nickel metal in Indonesia is still growing, but the high ice nickel in Castle Peak can fill the gap between supply and demand in the market, but not the demand for delivery of LME. To sum up, the high probability of such a trend in the outer nickel price has triggered a stampede on the bears, which does not rule out the possibility of a short-term fall in the price.
In terms of individual stocks
Tianshun shares, which were promoted to 7 consecutive boards yesterday, opened quickly to make up for the decline, leading to the collective release of high-level stocks. Yuexin Health and Ningbo United once walked out of the "sky floor" in early trading.
Ningbo United was hit by the limit of funds or because of the rise in non-ferrous nickel futures, intraday explosions or because of the fear of high sentiment of funds. Interestingly, there are different stocks in the concept of metallic nickel, including Pengxin Resources, Qingdao medium range, CFHI and other stocks, as well as Huayou Cobalt Industry, which has fallen by the limit. Behind it or because the world's largest nickel factory Aoyama was attacked by futures, domestic nickel resource stocks such as Huayou Cobalt may also have hedging losses.
The concept of three-child leading stock Yuexin Health also fluctuated greatly in intraday trading. The concept of three children was quantified yesterday, which led to a strong wait-and-see mood of relay funds this morning, so that the differentiation of the concept of three children continued to increase in a short period of time. As of the close, there are only two living beings, time Publishing and Yangtze River Health.
Future analysis
In terms of the index, by the close, the Prev index was down 2.35%, the Shenzhen index was down 2.62%, and the gem index was down 1.8%. Today's turnover on the Shanghai and Shenzhen stock markets is 1.1099 trillion, 95.3 billion higher than that of the previous trading day. Northbound funds sold 8.699 billion yuan net throughout the day, of which Shanghai shares sold 3.151 billion yuan and Shenzhen stocks sold 5.548 billion yuan.
All three major indices hit new lows for the year, with the Prev falling 2.35 per cent and losing 3300 points. The recent stock market decline is global, with Asia-Pacific stock markets and European stock markets all having relatively deep declines. Xun Yugen, chief economist of Haitong Securities, believes that since the beginning of this year, the external factors have been negative, but the internal factors have been positive. In particular, the 5.5% GDP growth target set this year is a strong support for the market. In this regard, Xun Yugen believes that the current A-share position valuation level is not high, look a little longer, the probability of making money in the current position is still very large.
In terms of mood, it rose 451, a decrease of 385 compared with the previous trading day. In the case of excluding St shares and unopened new shares, 21 rose by the limit, 31 lower than the previous trading day; 34 fried boards, an increase of 15 compared with the previous trading day; gem / Science and Technology Innovation Board shares rose 1, down 5 from the previous trading day; 56 fell by the limit, 46 more than the previous trading day.
In the case that the three major indexes all hit a new low of the year, almost all of the two city plates fell, and a number of high-level stocks fell sharply, the mood index fell below the freezing point. In fact, there is a quantitative experience with a higher success rate, that is, when the number of rising households falls below 1000, the number of rising households will increase the next day. Yesterday's rise left only 836, but today's rise did not increase as scheduled, but taking into account the principle of "things will be reversed at the extreme", the possibility of a pick-up is gradually increasing.
Focus on market news
1. Domestic commodity futures closed by the daily limit of Shanghai Nickel, Shanghai Tin, SS and Asphalt.
March 8-domestic commodity futures closed, rising more than falling less. The main contracts of Shanghai Nickel, Shanghai Tin, SS and Asphalt rose by the daily limit, fuel rose by more than 12%, crude oil rose by more than 10%, LU rose by more than 8%, rapeseed meal, Shanghai zinc and so on rose by more than 6%, soybean meal and paper pulp rose by more than 3%, Shanghai Gold and Soybean No.2 rose by more than 2%, Zheng Coal and LPG rose by more than 1%, and palm and cotton yarn rose slightly. Red jujube fell by more than 7%, soda ash fell by more than 4%, Shanghai aluminum and live pigs fell by more than 2%, hot rolls and glass fell by more than 1%, corn and EG fell slightly.
2. Break 5 passes in a row! LME nickel rose nearly 100% in the day and exceeded 100000 US dollars / ton.
March 8, LME nickel soared 76% after the tight market continued, LME nickel prices increased to 98.8% in a day, breaking 60, 70, 80, 000, 90, 000, 100000 U.S. dollars mark, two trading days rose 248%, setting a new record.
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