A-share midday review | Growth Enterprise Market Index fell by 1.32%, with over 4000 stocks in the market trading lower, but ST-sector stocks showing strength against the trend.

On November 14, the A-shares opened low and then fell, with over 4000 stocks in the red. By the end of the day, the Shanghai Composite Index fell by 0.32%, the Shenzhen Component Index fell by 1.04%, and the Growth Enterprise Index fell by 1.32%. On the market, large financial sectors such as insurance and banking supported the market, while AI applications like media and gaming were active at one point. The solid-state battery sector rose and then fell back, with titanium dioxide, ST, and other sectors leading in gains. On the other hand, stocks with names starting with "China" experienced fluctuations, with China Satellite Communications falling by nearly 9%. Sectors like semiconductors, military, automobiles, real estate, and medicine were at the forefront of losses. In terms of main funds, funds favored industries like gaming, photovoltaic equipment, and communication equipment, while exiting industries like real estate development, home appliance components, software development, and computer equipment. Institutional Views: Looking ahead, Huatai believes that in the current policy vacuum period, there is no need to overly focus on short-term fluctuations. Market adjustments could also present buying or reallocating opportunities. Central China believes that the index is expected to maintain a volatile upward trend in the overall market. Sector rotation will be more apparent, and they suggest focusing on industries like automobiles, semiconductors, medical services, and pharmaceuticals. EB SECURITIES predicts that the market will mainly have a structural rally, with the Shanghai supporting local stocks through mergers and acquisitions. They believe that the market's resilience is strong and that the upward trend in the index is expected to continue. Huatai further suggests focusing on sectors with strong expectations for policy enhancements in the future. They recommend choosing targets within a secure and controllable framework. Hot Sectors: 1. Solid-state batteries rose and then fell, with companies like Grinm Advanced Materials and Guangdong Orient Zirconic ind sci & tech leading the way. 2. AI applications like media, gaming, and short videos were active at one point, with companies like Shanghai Yaoji Technology and Shenzhen Bingchuan Network seeing significant gains. This article was originally published on "Tencent Stock Selection"; edited by Wang Qiujia for GMTEight.