A-share market falls, major indices down, SMEs drop over 1%

Electronic ID cards, Huawei Euler, Huawei Ascend, Huawei Kunpeng, communication services, smart government affairs, state-owned cloud, data security, precious metals, software development, and other sectors are leading the gains.

It is not difficult to see from the leading hot spots that computer applications and Huawei concepts are the main directions for the rise in today's A-share market.

However, it is a pity that the gains of these hot spots are not significant, with the leading electronic ID cards and Huawei themes only rising by about two percentage points.

Compared with the dairy, liquor, and food processing sectors that rose by five points yesterday, this increase is not enough to watch, and it cannot drive the A-share market to continue to rebound and rise.

The hot topics cannot rise significantly, and the blue-chip stocks have not played their due role in supporting the market.

Coupled with the decline of the consumer topics that rose sharply yesterday, it has led to the A-share market closing green and falling again today.

It is obvious that the A-share market in a weak market does not have the momentum to continue to rise.

Without the leading role of the leaders, the scattered hot spots are just a mess.

Today, the securities index also fell by about one point, with 50 securities stocks, two suspended, and more than 45 falling green.

In a weak market, it is inevitable that large-cap blue-chip stocks will be able to stop the A-share market from falling and rebounding, and the rise of securities stocks, which are the leaders in the rise of the A-share market, is also an indispensable factor.

At this time, the securities sector is weak, and the securities stocks are generally falling, which can only prove one point, that is, the current A-share market does not have the conditions to break through and rise, and the short-term A-share market will continue to fall.

On Friday, the A-share market showed a trend of opening low and falling, and the four major stock indexes all closed green, and the two major indexes of the Science and Technology Innovation Board and the Growth Enterprise Board fell by more than one point.

Looking at the trend of the K-line, today's Shanghai Composite Index closed a small bear line, and the daily K-line is still above the five-day moving average, but the pressure of the ten-day moving average is very obvious.

Looking at the medium-term trend, the Shanghai Composite Index cannot stand on the 20-day moving average, which shows that the weak market of the A-shares is still continuing.

Now, even the ten-day moving average cannot be easily broken through, and the hope of getting stronger is even more slim.

Today, the turnover of the Shanghai market is about 250 billion, and the turnover between 200 billion and 250 billion can help the Shanghai Composite Index stop falling, but it is almost impossible to drive the Shanghai Composite Index to rebound and rise.

There are still six trading days left in the A-share market in September, and judging from the current trend, there will be no big market before the 11th; we had better not have too much hope, so as not to be disappointed again.

In my opinion, the last six trading days, the Shanghai Composite Index can continue to build a bottom around 2700 points without breaking through again, which is the best result; of course, the Shanghai Composite Index continues to explore the bottom, breaking through 2700 points again, breaking through 2635 points is also completely possible.

1.

Next week, the theme stocks are expected to have a short-term rebound and rise.

The A-share market fell across the board on Friday, especially the theme stocks that had risen a lot before, showing a general decline.

For example, the photovoltaic, wind power, medical services, and innovative drug sectors fell by more than two points; however, the four major banks and the three major oil companies, which are worth trillions of yuan, are supporting the market.

In a weak market, the blue-chip stocks and theme stocks will present a seesaw market where they rise in turn.

The blue-chip stocks that supported the market today may be the direction of the decline tomorrow, and the direction of the decline today is expected to become the hot spot of the rise tomorrow.

Therefore, the theme stocks that fell and adjusted this week are likely to usher in a short-term rebound and rise next week, such as semiconductors, batteries, photovoltaics, and medicine; these sectors have a serious overshoot phenomenon, and it is reasonable to have a short-term rebound and rise in a weak market.

2.

The manufacturing industry is an investment object that is worth our long-term attention.

No matter how the external environment changes, the process of Chinese manufacturing moving towards the world will not change.

In the short term, the pace of Chinese manufacturing moving towards the world may slow down, but in the long run, this trend will not change.

For these listed companies in the A-share market, the continuous growth of overseas revenue is the best proof, and the support of national policies will also accelerate the process of Chinese manufacturing moving towards the world.

Looking at the current trend, the home appliance, automobile, construction machinery, chemical industry and other industries are at the forefront of the internationalization of Chinese manufacturing; the steady growth of corporate profits and the steady growth of overseas revenue of industry leaders are a good proof.

For us investors, the industry leaders with continuous growth in overseas business revenue are the best investment choices, and they will also have greater growth space in the future.