[stock market close] the gem index fell 1.17% to set a new low for lithium mines, rare earths and other resource stocks to fall by the daily limit.

Today's collective adjustment of the size index, the Prev index fell 0.43%, the gem index fell 1.17% to a new low, individual stocks in the two markets were more red than green, and the turnover exceeded 1.5 trillion yuan for 33 consecutive trading days. Stimulated by the news, the new third board selection, venture capital and other concept stocks on the Northern Stock Exchange rose sharply, and wind power stocks continued to rise. Military industry, coal, chemical industry, non-ferrous, lithium electricity, photovoltaic and other high-level stocks fell again, related concept stocks occupy the forefront of the decline list, lithium ore, rare earths, titanium dioxide, small metals and other resource stocks are falling by the limit; however, thermal power and natural gas stocks are active, agricultural stocks are rising against the trend, aquaculture, tourism, hotel catering, wine overfall rebounded, dormant semiconductor chip stocks warmed up, photoresist concept stocks led the rise. On the market, the concept of the Beijing Stock Exchange, the new three-board selected layer, genetically modified increased in the forefront, salt lake lithium, titanium dioxide, fluorine chemical industry led the decline. As of the close, the Prev index fell 0.43% to close at 3581 points; the Shenzhen Composite Index fell 0.68% to close at 142179 points; and the gem index fell 1.17% to close at 3102 points. Northbound funds bought a net purchase of 7.068 billion yuan throughout the day, for the first time since January 21, for the 10th consecutive day. This week, northbound funds have accumulated a net purchase of nearly 28 billion yuan.

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

China International Capital Corporation research newspaper pointed out that the establishment of the Beijing Stock Exchange has ushered in a new pattern of the capital market for three decades. After the establishment of the Shanghai and Shenzhen stock exchanges in 1990, more than 30 years later, the Chinese mainland capital market ushered in another national stock exchange. Up to now, there are a total of 4467 listed companies on the Shanghai and Shenzhen exchanges, with a total market capitalization of 86.7 trillion yuan. The establishment of the Beijing Stock Exchange will achieve misplaced development and interconnection with the Shanghai and Shenzhen exchanges and the regional equity market, and further promote the development of China's capital market.

Haitong Securities said that in terms of operation strategy, there is an obvious differentiation between the strength of the Shanghai and Shenzhen indices, and the plates continue to rotate. Under the premise that the market continues to sell volume, investors can timely seize the opportunity of plate rotation to carry out low suction layout. Under the current pattern, low undervalued varieties deserve investors' attention and allocation. In addition, some industry hotspots such as photovoltaic, infrastructure, Internet and other sectors can be appropriately selected for decentralized allocation. Including hot tracks with short-term adjustments, there are still opportunities for repeated pulses in the future. It is suggested that in the near future, focus on securities firms, venture capital concepts and selected layer enterprises, most likely will stand on the capital chase of the tuyere.

Galaxy Securities said that liquidity is still abundant at present, but the upward momentum of the market is insufficient, and the structural market probability of future style rotation is higher. In the short term, it is recommended to adopt a defensive strategy, balanced allocation, and pay attention to high-quality stocks with low valuations and strong performance fundamentals. Long-term recommendations to pay attention to: the main line one, science and technology independent self-improvement, specializing in new small and medium-sized enterprises and other high-end manufacturing and technology. Continue to be strategically bullish on new energy vehicles, photovoltaic, semiconductor, military and other industries, and recommend buying whenever they fall. The second main line: the resource cycle industry in which the supply and demand pattern is improved. The rising momentum remains in the resource cycle industries with improved supply and demand patterns, such as phosphorus chemicals, coking coal, non-ferrous metals, iron and steel, and so on.