A-share Market Opening Express | Three major stock indices rise and fall differently, medical and commercial concepts continue to be active

On September 5th, the three major stock indexes opened with mixed changes. As of the time of writing, the Shanghai Composite Index rose by 0.04%, the Shenzhen Component Index fell by 0.02%, and the ChiNext Index rose by 0.02%. On the market, the pharmaceutical business concept remained active, with LBX Pharmacy Chain Joint Stock rising for the fourth consecutive day, and Shu Yu Civilian Pharmacy Corp., Ltd. rising by over 8%. Real estate stocks rose at the beginning of trading, with Tande Co., Ltd. and Beh-Property rising by over 5%. There were reports that the interest rates for existing house loans would be lowered in two steps by about 80 basis points. The solid-state battery sector adjusted, with Triumph Science & Technology falling by over 8% and Zhejiang Narada Power Source falling by over 5%. In terms of main funds, funds favored the computer equipment, railway and highway, and software development industries, while funds fled the automotive parts, battery, and optical and optoelectronic industries. Institutional viewpoints: Looking ahead, CICC pointed out that the July economic and financial data indicate that domestic demand still needs improvement and the economic structure continues to differentiate. However, the Chinese stock market has the advantages of low valuation and low volatility, and it is not advisable to be pessimistic in the medium term. China Securities Co., Ltd.: The emergence of Huawei's triple-fold phones leads a new round of hardware innovation. China Securities Co., Ltd. stated that Huawei is expected to launch the world's first mass-produced triple folding phone on September 10. This extraordinary Master brand product, codenamed Mate XT, will have an unfolded inner screen size of 10 inches, an increase of nearly 50% compared to left and right folding models, providing a tablet-like experience. The new folding form factor drives a significant increase in demand for flexible OLED panels. Triple folding phones use two sets of hinges to connect three shell bodies, doubling the demand for hinge MIM structural components. CITIC SEC: The fundamental situation of the banking sector is stable, and the value of configuration is evident after the sector's retracement. CITIC SEC pointed out that based on the interim reports of listed banks, the income side continued the trend of the first quarter due to "interest rate cuts" and "fee reductions", contributing to profit recovery from cost savings. In terms of quality, retail credit was affected by household income, leading to a slight weakening of quality indicators, but overall risk indicators are still operating in a stable range. Overall, the logic of wealth product configuration remains unchanged, the basic situation of the banking sector is stable, and the value of configuration becomes evident after the sector's retracement. Popular sectors: 1. The pharmaceutical business concept remains active, with LBX Pharmacy Chain Joint Stock rising for the fourth consecutive day, and Shu Yu Civilian Pharmacy Corp., Ltd. rising by over 10%. Yixintang Pharmaceutical, HPGC Renmintongtai Pharmaceutical Corporation, Hunan Dajiaweikang Pharmaceutical Industry, Zhejiang Zhenyuan Share, and others also followed suit. 2. The real estate sector saw gains, with Beh-Property hitting the limit up, and Tande Co., Ltd., Hefei Urban Construction Development, Hangzhou Binjiang Real Estate Group, Shahe Industrial, Beijing Capital Development, and others following suit. This article is reprinted from "Tencent Stock Selection", edited by GMTEight: Jiang Yuanhua.