By the midday close, the Shanghai Index fell 0.22% to 3147.25 points. At the beginning of the session, it had risen more than 0.2%, rebounded more than 20% from the low of February 5 (2635.09 points), and entered a technical bull market.
Major A-share indices fell collectively. By the midday close, the Shanghai Index fell 0.22% to 3147.25 points. At the beginning of the session, it had risen more than 0.2%, rebounding more than 20% from the February 5 low (2635.09 points) and entering a technical bull market; the Shenzhen Securities Index fell 0.86%, and the GEM index fell 1.16%. More than 4,000 shares fell. The two markets traded 580.6 billion yuan in half a day, and the net sales of northbound capital were about 6.76 billion yuan.
On the plateReal estate stocks rose, and Tiandi Yuan rose and stopped. Airport shares once broke out of 2 consecutive markets, and the two core second-tier cities of Hangzhou and Xi'an completely lifted housing purchase restrictions; power stocks continued to rise, with Xichang Electric Power's 5-day 3 board, Kyushu Group, Ganneng, and Leshan Electric Power rising; tourism in Zhangjiajie and Xi'an rose nearly 8%; and sectors such as artificial meat, real estate services, and virtual power plants registered the highest gains. The semiconductor and component sector continued to weaken, with Huazheng New Materials falling more than 9%; brain-computer interface concept stocks fell collectively, Sanbo Neurology fell more than 8%, Aibang Healthcare fell by more than 9%; the assisted reproduction sector generally fell, and Kaineng Health fell nearly 9%; and the dye, ST sector, and AIPC concept had the highest declines.
Real estate stocks rose, Tiandi Yuan rose and stopped
Tiandi Yuan rose and stopped. Airport shares once broke out of 2 consecutive markets. Binjiang Group rose more than 7%, CCCC Real Estate and China Merchants Shekou rose more than 5%, and Tianbao Infrastructure, Xincheng Holdings, and Poly Development followed suit. According to news, on May 9, the two core second-tier cities of Hangzhou and Xi'an successively completely lifted housing purchase restrictions. Currently, there are provinces or cities that still maintain housing purchase restrictions across the country. Apart from the four first-tier cities of Beijing, Shanghai, Guangzhou, and Shenzhen, only Hainan Province and Tianjin are still partially liberalized.
Power stocks boosted Xichang Electric Power's 5-day 3-day board
Xichang Electric Power went up and down 20 cm in 5 days, Ganneng and Leshan Electric Power rose and stopped, Star Power rose more than 8%, and Baitong Energy, Dison, Huayin Electric Power, and Jiawei Xinneng Army rose more than 6%. According to the news, the National Energy Administration recently stated that it is expected that during the summer of this year, the country's electricity consumption load will also grow rapidly. The maximum load will increase by more than 100 million kilowatts over the same period last year, and electricity security and supply are under certain pressure.
The travel and catering sector rebounded, and tourism in Xi'an rose nearly 8%
Tourism in Zhangjiajie and Xi'an rose nearly 8%, while Xi'an Food, Qujiang Cultural Tourism, and Dalian Shengya rose by more than 5%, while Tibet Tourism, Changbaishan, and Lingnan Holdings followed suit. According to the news, the Ctrip Research Institute said that prices for many travel products such as air tickets, hotels, group tours, and car rentals all jumped after the “May 1st” holiday. Due to changes in the relationship between supply and demand, it has become common for the prices of travel products to drop after the short and long holidays. The low prices after the May 1st holiday are particularly beneficial for short trips to the surrounding area and trips for middle-aged and elderly people.
The semiconductor and component sector continued to weaken, and Huazheng New Materials fell more than 9%
Huazheng New Materials fell more than 9%, Beifang Huachuang and Dongxin shares fell more than 8%, and Canxin Co., Ltd., Changchuan Technology, China Micro, and Cambrian fell more than 5%. According to the news, yesterday, two leading domestic foundry companies successively disclosed quarterly reports. SMIC's Q1 net profit fell 68.9% year on year, while Huahong Semiconductor's Q1 profit fell 79% year on year.
