A-share burst
[Introduction] The North Securities 50 Index rose more than 11% in intraday trading, and the national defense military sector led the gains.
Hello everyone! The trading day of the new week opens, so let’s pay attention to the market situation and the latest information in the morning ~
Recently, favorable policies have been frequently released to boost market confidence. On October 21, the trend of A-share major indexes diverged after the opening of the whole line: the Shanghai Composite Index fluctuated within a narrow range; The Beizheng 50 index rose sharply, rising more than 11% in intraday trading.
On the disk, the aerospace military, semiconductor, precious metals, Internet and other sectors were among the top gainers in the morning; The big finance is sluggish, the concepts of brokers and banks are declining one after another, and the steel plate is lower.
Hong Kong stocks opened slightly lower in the morning and then went down as a whole. As of press time, the three major indexes all fell by more than 1%. Weilai fell more than 5%, leading the component stocks of Hang Seng Technology Index.
Chip stocks continue to be hot.
The national defense and military sector rose.
On October 21st, the opening of semiconductors and chips continued to be active. (), Jing Huawei, () and so on quickly rushed to the 20CM daily limit.
In the same period, ETFs in information technology, integrated circuits, semiconductors and other industries led the market, and information technology ETFs rose by 10% at the beginning.
Recently, the semiconductor sector has continued to be hot. According to the latest forecast released by the World Semiconductor Trade Statistics Organization (WSTS), the global semiconductor market will reach $611 billion, a year-on-year increase of 16%. Among them, the semiconductor market in America is expected to reach US$ 168.062 billion, and the market in Asia-Pacific region will reach US$ 340.877 billion. WSTS pointed out that this growth is mainly driven by the demand for memory chips and logic chips. It is estimated that memory chips will achieve 76.8% growth and logic chips will increase by 10.7%.
In addition, the national defense and military sector rose in the morning, and the concepts of satellite internet, commercial aerospace, military informationization and satellite navigation collectively rose, () rushed to the 20CM daily limit, and () and () also went up.
Great financial depression
Real estate sector callback
On the morning of October 21st, the A-share financial sector was generally depressed. Bank shares fell slightly, () fell more than 3%, and Ping An Bank, (), () and () followed.
Brokerage stocks fell as a whole, Haitong Securities fell more than 7% in intraday trading, and Guotai Junan, Guohai Securities, () and other stocks fell. On October 18th, the CSRC informed the securities companies about the internal control of investment banking business and the special inspection of integrity, and many brokers such as Haitong Securities and () were taken administrative supervision measures.
In addition, the real estate sector was divided in the morning, and many early high-end stocks such as (), () and () pulled back.
Privatization plan fell through
Hong Kong stocks China Chinese medicine plummeted.
On October 21st, China Traditional Chinese Medicine opened 14.92% lower in the morning, and its share price dropped to HK$ 3.25. After the opening, the share price of China Traditional Chinese Medicine continued to dive, with an intraday decline of 44.50%, and the lowest share price reached HK$ 2.12.
On October 18th, China Traditional Chinese Medicine and the offeror Sinopharm Group Gongyu Co., Ltd. jointly announced that on October 18th, 2024, the proposal with preconditions for the offeror to privatize the company through planned arrangement was still unsatisfied. Therefore, it is recommended to expire on October 18, 2024. Accordingly, the plan document will not be sent, and the listing status of China Traditional Chinese Medicine on the Hong Kong Stock Exchange will not be revoked.