A-share midday trading | The three major indices surged and fell, and collectively closed higher, with AI applications and digital currencies leading the way
The Zhitong Finance App learned that on September 4, the three major A-share indices opened higher collectively. The Shanghai Index opened 0.34% higher, the Shenzhen Index opened 0.74% higher, and the GEM index opened 0.97% higher. After rushing back in early trading, the increase narrowed. The market showed a pattern of “indices collectively closed, individual stocks generally rose, and hot spots rotated rapidly.” By the midday close, the Shanghai index rose 0.35% to 3955.85 points, the Shenzhen index rose 0.27% to 13661.39 points, and the GEM index rose 0.43% to 3326.68 points. More than 4,100 stocks rose across the market. The half-day turnover of the Shanghai and Shenzhen markets was 1.23 trillion yuan, an increase of 135.5 billion yuan over the previous trading day. The main capital in early trading flowed into the cultural media, computer and other sectors, with a net outflow of electronics, semiconductors, non-ferrous metals, etc.; in terms of individual stocks, Tianyu Digital's main capital had the highest net purchases of over 1.2 billion yuan, and Wave Information had a net sale of over 900 million yuan.
Overview of the plate
On the upward side, the AI application concept and digital currency had the highest gains; the pork and real estate sectors showed active performance, and the securities sector strengthened; on the downside, the coal sector fluctuated and adjusted, and Zhengzhou coal and electricity fell to a standstill; the precious metals sector declined in the intraday period, with Hunan Baiyin opening higher and lower, falling more than 3%, Hunan gold falling more than 2%; and falling behind the wheel of semiconductors and computing power hardware. Overall, after opening higher, the three major indices surged higher and declined, but more than 4,100 individual stocks rose in the entire market, showing a general upward pattern; market hot spots rotated rapidly, and capital flowed out of semiconductors, computing power hardware, and coal to news-driven topics such as AI applications, digital currency, etc., as well as aquaculture and real estate sectors.
Popular sections
1. AI application concepts are strengthening collectively
The AI application concept has collectively strengthened. Xinju Network has 2 consecutive boards, Dragon Media has 5 consecutive boards, British Software, China Publishing, and Tianyu Digital Science went up and down. Yidian World declined after a period of ups and downs. It still rose more than 13% in midday trading, and the blue cursor rose more than 7%, and the direction of cultural media and software services was active at the same time.
Comment: According to the news, on September 3, local time, OpenAI officially released the next-generation flagship model GPT-6 Astra, claiming that it has achieved a “generational transition”. It is currently the model with the highest level of intelligence and the best alignment in the world. It can directly enter the computer software environment and independently complete long-cycle and multi-step tasks such as programming, financial modeling, and production of presentations and spreadsheets; OpenAI President Brockman said that looking back, this moment may be seen as the point where AGI arrived.
2. The digital currency concept is showing active expression
The digital currency concept was active. Sifang Jingchuang rose and stopped by 20cm, Cuiwei Co., Ltd., Chu Tianlong, and Hailian Jinhui rose and stopped, and Lacara, Yuxin Technology, and Airong Software followed suit.
Comment: According to the news, Federal Reserve Governor Waller said on September 3, local time, that if the recent trend of de-inflation continues, he is inclined to support the Fed keeping interest rates unchanged at the September interest rate meeting, and US digital currency concept stocks rose sharply overnight. Bitcoin once broke through 80,000 US dollars in the intraday market and rose to a high of nearly 81,370 US dollars/unit, hitting a new high of nearly four months; in addition, Sifang Jingchuang's rise and fall is related to the company's role as a core partner in the construction and service of the digital currency bridge (m-CBDC Bridge) of multilateral central banks and participating in the study of cross-border digital currency application scenarios of many central banks.
3. The pork concept fluctuated and strengthened
The pork concept fluctuated and strengthened. Tianbang Foods, Bunge Technology, and Luoniushan rose and stopped, while Shennong Group, Tang Renshen, and superstar agriculture and animal husbandry followed suit.
Comment: According to the news, at the end of August, the domestic pig market experienced a wave of rebound, driven by the centralized reduction of the group's pig companies and centralized preparation in cafeterias during the school season. At one point, the price of three-yuan standard pigs rose from 10.61 yuan/kg to 11.09 yuan/kg. Recently, pig prices have declined from a high level; in addition, the national breeding sow inventory was reduced to 37.8 million heads at the end of the second quarter, only 300,000 heads short of the normal holding target of 37.5 million heads set by the Ministry of Agriculture and Rural Affairs.
4. The real estate sector is active again
The real estate sector is once again active. Cinda Real Estate has 3 consecutive boards, I love my family 5 days, and Pearl River shares, World Bank, and Huafa shares have followed suit.
Comment: According to the news, on September 3, the Shanghai Housing and Urban-Rural Development Administration issued the “15th Five-Year Plan for Housing and Urban-Rural Development Management”, which proposes to promote the stable and healthy development of the real estate market, promote the construction of basic systems related to real estate development, finance and sales in a steady and orderly manner, accelerate the improvement of the housing supply system, and add 25 million to 28 million square meters of commercial housing. Previously, on August 28, the Central Bank, the General Administration of Financial Supervision, the Ministry of Housing and Construction, and the Securities Regulatory Commission issued new policies in the real estate sector, including extending the maximum period of personal housing loans to 40 years, Policy catalysts continue to be implemented, such as the sale of existing commercial housing.