A shares weakened, Hong Kong stocks technology rebounded sharply

On August 26, the Shanghai Index and the Shenzhen Index fell in the morning, and the GEM index kept weak after opening. The three major indexes in the afternoon continued to fluctuate downwards, and the GEM index fell 1%. On the industry sector, consumption performance is active, the tourism, food and other sectors lead the rise, and the car moves in the afternoon; the cycle sector that has risen on August 25 collectively adjusted, the track stocks rose to fall, and the end of the market fell accelerated. As of the closing, the Shanghai Stock Exchange Index closed down 0.31%at 3236.22 points, the Shenzhen Stock Exchange Index fell 0.37%to 12059.71 points, and the GEM index fell 1.01%to 2640.29 points. On August 26, the total turnover of the two cities was 929.48 billion yuan, a new low. The northbound fund was accelerated on the market at the end of August 26. The net purchase was 5.151 billion yuan throughout the day, of which 2.721 billion yuan was bought at the Shanghai Stock Connect and 2.43 billion yuan in Shenzhen Stock Connect. This week, the cumulative net sales of the Northbound funds sold nearly 4.7 billion yuan.

Source: Wind

As of August 24, 2063 A -share companies have announced the 2022 semi -annual report. Statistics show that 290 companies have doubled their performance in the first half of the year, of which 25 companies have increased by more than 10 times. Industry prosperity is the main reason for the changes in the performance of A -share companies. Most of the high -growth companies from high profit growth companies come from high -boom tracks such as new energy and photovoltaic.

Changjiang Securities pointed out that the performance of the coal and petrochemical sectors in the second quarter grew brightly. The income pressure of listed companies in the remaining sectors was greater than the profit end, and the downward trend of metal prices weakened the cost pressure of the mainstream manufacturing industry. According to the market value, the performance of the mid -circuit stocks is better than the large -cap stock; according to the track, the listed company has raised the industry's profit expectations industry and track to concentrate: On the one hand, high prosperity track: new energy vehicles, photovoltaic, small appliances,, small appliances,,, small appliances, small appliances,,, small appliances, small appliances,, Agricultural chemical, oil transportation, chip equipment and materials; on the other hand, the marginal improvement: animal husbandry breeding.

Coal and photovoltaic calligraphy on August 26 were mainly due to the increase in the early stage. In terms of prosperity, the structural reduction of LPR recently (1 -year LPR decreases 5bp, and LPR decreases by 15bp above 5 years), indicating that the signal of decision -making layers has clearly clearly solved real estate problems. In the future, once the scene of industrial demand is not weak, the power system will have to face greater challenges, and the importance of stable energy will become more prominent in solving the contradiction between the power supply side. The weather is abnormal and the energy is scarce. You can continue to pay attention to the continuous opportunities such as coal ETF (515220) and photovoltaic 50ETF (159864). You must also pay attention to possible fluctuations in the process. See for details ("The weather is too hot, the photovoltaic high, don't forget the coal")

On August 26, the car sector performed active. In the afternoon, ETF (516110) went up the market and finally closed up 0.52%.

Source: Wind

On the news, there are rumors that Xiaomi is talking about making electric vehicles with BAIC Group to stimulate related stocks to rise rapidly.

Recently, the data of the automotive industry has performed smoothly. According to the situation of strong insurance, the terminal sales of passenger cars in July were 1.736 million, a year-on-year+9.9%, and -7.7%month-on-month, in line with market expectations. From the perspective of cumulative sales data, from January to July, the terminal sales of passenger cars were 10.633 million, a year-on-year-8.6%. Guangfa Securities believes that considering the influence of high bases, export disturbances of some car companies, and normal seasonal factors in June, in June, the terminal sales of the terminal in July met the expectations. Under the premise of significant improvement of chip supply+the prerequisite for public health prevention and control, referring to the seasonal changes of passenger cars, the influence of previous car policies, and the low base of last year. In the second half of this year, the year -on -year growth rate of single -month terminal sales will reach a record high compared to June and July. Interested investors can follow the car ETF (516110).

In addition, under the guidance of the "double carbon" goal, new energy vehicles will gradually replace traditional fuel vehicles will be the general direction of long -term development. With the continuous improvement of the penetration rate of new energy vehicles, the relevant industrial chain is still expected to maintain a high degree of prosperity and growth. While paying attention to the new energy vehicle ETF (159806), it is also necessary to pay attention to the high valuation and fluctuation risks after the early increase.

After nearly two months, Hong Kong stocks finally ushered in a significant rebound. The Hong Kong stocks technology ETF (513020) opened a significant opening in the morning on August 26, and then maintained a high level of shocks throughout the day, and finally closed up 2.24%.

Source: Wind

Overseas Chinese assets have been launched on the evening of August 25, and the popular Chinese stocks in the US market have risen collectively. From the perspective of performance, most of the current reporting quarters have been developed. At the same time as the empty landing, many Internet giants have better performance than market expectations, so the fundamental expectations have brought booster to the market. In addition, regarding policies, Ping An Securities believes that the supervision of China Stocks has caused market concerns successively, especially the five major state -owned enterprises in 8/12 announced the delisting from U.S. stocks, causing market sentiment to fall to freezing points; however, with the Internet giants represented by Ali It was decided to go public in Hong Kong, which not only avoided the potential impact brought by the risk of U.S. stock delisting, but also buffered to the high probability of returning to Hong Kong in advance. The policy risk ushered in the release. In addition, the audit supervision of the city -China -China stocks on August 26 was close to reaching an agreement to boost the emotions of Hong Kong stocks.

Therefore, under the influence of factors such as the landing of littering, excessive performance, and policy risk release, market expectations are expected to be amended, and sections represented by Hong Kong stock technology may usher in risk preferences.Interested investors can pay attention to Hong Kong stock technology ETF (513020).Hong Kong stocks technology ETF (513020) is mainly invested in leading companies in industries with high technology content in the Hong Kong stock market, covering multiple industries such as pharmaceutical, new energy vehicles, chips, computers, and communications.Each segment of Hong Kong stock technology is an area where the country attaches great importance to and continues to invest, and its investment value is significant.In particular, the Internet industry has recently ushered in valuation repair under policy care, and investors can continue to pay attention.

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