Author: Android

On September 7, the three major A- share indexes fluctuated downward in early trading. By the end of the day, the Shanghai Composite Index was down 1.13 per cent at 3122.35 points, the Shenzhen Component Index was down 1.84 per cent at 10321.44 points, the ChiNext Index was down 2.11 per cent at 2056.98 points, and the Kechuang 50 Index, which has been active since the end of August, led the decline, falling 3.72 per cent throughout the day, with a turnover of 63.5 billion million yuan.

from the disk surface, photoresist, semiconductor equipment, wafer industry, optical module, advanced packaging and other concepts led the decline, chip stocks fell in a large area, especially in early trading, tongyi shares (300538.SZ), wavelength photoelectric (301421.SZ) fell more than 10%, "apple industry chain" also led the decline, lixun precision (002475.SZ) once fell more than 7%.

As of the close, only 7 of the more than 90 chip stocks in the Shanghai and Shenzhen stock markets recorded gains. Yuanjie Technology (688498.SH) fell 10.76 percent to close at 142.60 yuan. Cambrian (688256.SH) fell 9.20 percent to close at 138.88 yuan. SMIC (688981.SH) fell 8.29 percent to close at 52.12 yuan. Xinyuan shares (688521.SH) fell 6.69 percent to close at 64.55 yuan.

Apple's industrial chain fell across the line, with Qiangrui Technology (301128.SZ) closing down 11.04 percent, leading the decline. Yingtong Communications (002861.SZ), Dongmu shares (600114.SH) are down, Jinfu Technology (300128.SZ), Industrial Fulian (601138.SH) fell more than 5%, Dongshan Precision (002384.SZ), Lixun Precision, etc. fell more than 4%.

In this regard, Hu Yu, chief economist of Xinding Fund, analyzed to China Business News that market funds have flowed from chip stocks to low-value sectors such as financial real estate. The market expects that there is still a lot of room for relaxation in the real estate industry's regulatory policies., And the domestic chip industry has a certain expected change after the relaxation of chip export controls in the United States.

"The decline in the Apple industry chain is related to the introduction of antitrust measures against Apple by the European Union. In addition, the recent lowering of the threshold for investors on the North Stock Exchange or the diversion of funds to stock sectors such as the CRE Board has also affected the trend of technology stocks." He said.

It is worth noting that on September 7, northbound funds once again fled sharply, with half-day net sales of up to 6.885 billion yuan and full-day net sales of 7.072 billion yuan. Among them, Shanghai Stock Exchange sold 3.879 billion yuan and Shenzhen Stock Exchange sold 3.193 billion yuan.

among the top ten trading stocks, the top three net purchases were Ningde times (300750.SZ), BYD (002594.SZ) and silisi (601127.SH), with net purchases of 0.398 billion yuan, 0.338 billion yuan and 0.172 billion yuan respectively. The top three net sales were Guizhou Maotai, Lixun Precision and Longji Green Energy, which were net sold by 0.469 billion yuan, 0.236 billion yuan and 0.217 billion yuan respectively.

in addition, on September 7, the gem index fell sharply again, closing at the lowest point of the day (2056.98 points), approaching the year's low (2032.58 points) set in intraday trading on August 25. During the year, the GEM index has fallen by 12.35, leading the decline, especially in the past month, has fallen by more than 8%.

the top ten heavyweight stocks of gem include Ningde era, oriental wealth (300059.SZ), Mindray medical (300760.SZ), Huichuan technology (300124.SZ), sunshine power supply (300274.SZ), Wen's shares (300498.SZ), aier ophthalmology (300015.SZ), zhongji lithium chuang (30014.Sweft).

Among them, Ningde Times, the largest heavyweight stock, has fallen 8.11 per cent in the past 20 days and 3.37 per cent on September 7. The semi-annual report shows that in the first half of the year, Ningde Times achieved total operating income of 189.246 billion billion yuan, an increase of 67.52 percent over the same period last year, and the net profit attributable to shareholders of listed companies was 20.717 billion billion yuan, an increase of 153.64 percent over the same period last year.