By midday, the three major A-share indexes were up and down, with the Prev down 1.3% and the Shenzhen Composite Index down 0.55%. The gem index was up 0.43%.
From the market point of view, liquor, pork, chicken and other concepts led the increase. In the liquor sector, Guizhou Moutai trading limit, Gujing tribute wine, Luzhou laojiao trading limit, Wuliangye close to the limit; in the pork plate, Muyuan shares rose more than 8%; in the chicken concept, Xiaoming shares 20CM, Shengnong development limit.
However, in the state of A-share "drinking and eating meat", as many as 3800 companies in the two cities fell, the number rose only more than 600, and the limit reached 176. among them, more than 300 fell by more than 9 per cent. The median rise or fall of more than 4400 listed companies in the two markets was 3.3 per cent.
Among them, the performance of a group of cyclical stocks is dismal. Non-ferrous, chemical, rare earth and other plates led the decline. In the non-ferrous metal plate, Shenghuo shares, Shenghe Resources, Minmetals rare earths, Guangsheng Nonferrous, etc., fell by the limit; in the chemical plate, Longxing Chemical, Juhua shares, Xingfa Group and so on fell by the limit.
What is noteworthy on the news is that on the evening of September 24, Guizhou Moutai issued an announcement that the company's board of directors examined and passed the "motion on electing the chairman of the board of directors", and the meeting elected the chairman of the third board of directors of Ding Xiongjun first company. Gao Weidong will no longer serve as chairman and director of the third board of directors of the company.
CITIC research newspaper pointed out that the new head of Maotai shows the market a clear train of thought for development and defines the development goal of "building a world-class listed enterprise". We believe that it will consolidate the market's confidence in the company's development.
China International Capital Corporation also released a research report on September 27, saying that Guizhou Moutai outperformed the industry rating, with a target price of 2486 yuan. It forecasts that the net profit of Guizhou Moutai in 2021 is 53.381 billion yuan, an increase of 14.31% over the same period last year.
As for the A-share aftermarket, Haitong said that there are only four trading days away from the National Day holiday this week, and the weak arrangement of the technical side and the effect of the long holiday will lead to a great increase in the risk aversion tendency of market funds.
Judging from the historical review, in the past 10 years, both the Shenzhen Composite Index and the gem Index have a rising probability of 60% in the week before the National Day, while the Prev Index has a rising probability of 40%. It is expected that the market will not fluctuate much before the festival. After returning from the long holiday, the stock market's growth rate and winning rate will increase significantly, and the stock index will close at 80-90% victory rate in the week after the holiday, with an average increase of about 2-3%, so it is more inclined to advise investors to pay more attention to the post-holiday rising opportunities.