A shares noon review | GEM index rises by 0.78%, e-commerce and digital currency concepts strengthen, solid-state battery sector adjusts

On September 5, A shares strengthened. As of the time of writing, and by the close of the market, the Shanghai Composite Index rose by 0.04%, the Shenzhen Component Index rose by 0.32%, and the ChiNext Index rose by 0.78%. In terms of the market, the digital currency sector was active, with concepts such as financial technology, data security, and cross-border payments seeing significant gains. Chase Science and Synthesis Electronic Technology both hit their limit up. Poultry and pork stocks saw volatile increases, with Henan Huaying Agricultural Development hitting its limit up. The pharmaceutical and commercial sector remained active, with LBX Pharmacy Chain Joint Stock hitting the limit up after 5 consecutive days of trading, and Shu Yu Civilian Pharmacy Corp., Ltd. rising by over 8%. Real estate stocks initially rose, with Tande Co., Ltd. and Beh-Property rising by over 5%. There were reports that existing housing loan rates would be lowered by about 80 basis points in two steps. The photovoltaic sector opened strong, with Cybrid Technologies Inc. hitting the limit up. The food processing sector saw a volatile increase, with Huanlejia Food Group rising by 18%. In terms of declines, the foldable screen concept saw a volatile adjustment, with Keystone Technology falling by over 9%. The solid-state battery sector also adjusted, with Triumph Science & Technology falling by over 8% and Zhejiang Narada Power Source falling by over 5%. In terms of institutional views, Looking ahead, CICC pointed out that economic and financial data in July shows that domestic demand still needs improvement and economic structure continues to differentiate. However, Chinese stock market has the advantage of low valuation and low volatility, and they advise not to be pessimistic in the medium term. Regarding the popular sectors, the pharmaceutical and commercial sector remained active, while the real estate sector saw increases. According to analysts, the retail pharmacy industry in China has seen significant growth in revenue and store numbers, with new retail models like O2O delivery also driving growth. Overall, there was a positive outlook for China's stock market, with the potential for growth in the medium term despite some challenges in the domestic economy. Next, you can pay attention to the sales performance of new homes during the traditional "Golden September and Silver October" period.3. The insurance concept fluctuated and rose, with Hubei Biocause Pharmaceutical experiencing four consecutive days of limit-up trading. China Pacific Insurance, Ping An Insurance, New China Life Insurance, and China Life Insurance followed the upward trend. Comment: Nanjing pointed out that the insurance sector is entering the period of mid-year report disclosure. Based on the semi-annual report of Ping An Insurance, it is expected that the prosperity of listed insurance companies' liabilities in the first half of the year will continue. The new business value is expected to maintain growth, and the total investment yield on the asset side and the comprehensive investment yield are expected to increase year-on-year. The industry's interest rate spread risk is expected to be temporarily alleviated. In the third quarter, as the scheduled interest rate of life insurance is set to be switched in batches starting in September, it is expected that the prosperity of the liability side of life insurance in the third quarter may continue to improve further. 4. Photovoltaic concept stocks rose, with Jiangsu Goodwe Power Supply Technology Co., Ltd. rising over 9%, and Cybrid Technologies Inc. rising over 5%. Companies like Henan Ancai Hi-Tech Co., Ltd., Gansu Golden Solar, Risen Energy, Ginlong Technologies, Shenzhen S.C New Energy Technology Corporation, Flat Glass Group, and LONGi Green Energy Technology also followed the upward trend. Comment: According to reports, the top ten photovoltaic glass manufacturers, including XINYI SOLAR and Flat Glass Group, held an emergency meeting and decided to implement a production reduction plan, with a reduction rate of up to 30%. Upon verification, the meeting did take place, but it is uncertain whether the expected production reduction rate can be achieved. The actual impact of the production reduction on the supply-demand balance is currently uncertain. This article is republished from "Tencent self-selected stock"; GMTEight Editor: Wang Qiujia.