A-share midday review | Shanghai index rises by 1.24%, stocks related to net profit break soaring, education stocks top the list of declines.

On November 18th, the A-share market opened with mixed fluctuations. By the close of trading, the Shanghai Composite Index was up 1.24%, the Shenzhen Component Index was up 0.01%, and the ChiNext Index was down 0.36%. In terms of market performance, concept stocks trading below net asset value surged, while stocks in sectors like banks, coal, electricity, and those with high dividend yields saw strength. The concept of state-owned enterprise reform in Shenzhen was active, with real estate and wind power equipment sectors leading in terms of gains. On the downside, AI-related stocks experienced a pullback, with applications like gaming and media leading the decline, while sectors like consumer electronics and photovoltaics saw significant drops. In terms of major fund movements, funds favored stocks in the sector of joint-stock commercial banks, state-owned large banks, coal mining, and city commercial banks. On the other hand, funds exited industries like software development, semiconductors, securities, and IT services. Institutional viewpoints: Looking ahead, Minsheng Securities pointed out that the A-share market is transitioning from speculative trading to normalization. The recovery of the domestic economy has weakened market expectations for policies while also helping the market return to its fundamental reality. Guotai Junan Securities: Focus on "Hard Technology" and state asset integration Guotai Junan Securities emphasized the importance of focusing on "Hard Technology" and integrating state-owned assets to support the development of key industries such as semiconductors, information technology, aerospace, and pharmaceuticals. Hot sectors: 1. Concept stocks trading below net asset value surged, with over 10 stocks hitting the daily limit. 2. The real estate sector saw strength, with several stocks hitting the daily limit. 3. Shenzhen's state-owned enterprise reform concept stocks were active, with some stocks hitting the daily limit. Overall, the market showed mixed performance with various sectors experiencing fluctuations. Investors are advised to focus on sectors showing strength and potential for growth.From "Tencent self-selected stocks"; GMTEight Editor: Wang Qiujia.Je vais faire mes devoirs maintenant.