A-share midday review: BSE 50 index surges over 6%, with more than 5200 stocks trading in the green. Siasun Robot & Automation concept stocks soar again.
The three major A-share indices opened high in the early trading session. As of the close, the Shanghai Composite Index rose by 1.75%, the Shenzhen Component Index rose by 2.42%, and the Growth Enterprise Index rose by 2.68%. The CSI 50 Index surged by more than 6%.
On January 14th, the three major indexes of A-shares opened high and continued to rise in the morning session. By the close, the Shanghai Composite Index rose by 1.75%, the Shenzhen Component Index rose by 2.42%, and the ChiNext Index rose by 2.68%. The BSE 50 index surged more than 6%.
In terms of the market, Pinduoduo and the Internet e-commerce sector performed strongly, with sectors such as internet celebrities economy and short video games leading the gains. On the downside, yesterday's rising sectors like precious metals, non-ferrous metals, and rare earth permanent magnets had the biggest declines.
High-profile stock Ningbo Techmation surged and hit the daily limit, showing a strong performance with 6 consecutive days of limit-up trading and trading volume close to 800 million yuan. The stock opened with a limit-down this morning.
In terms of main fund flows, funds favored the semiconductor, automotive parts, and internet e-commerce industries; while funds fled from the chemical products, leisure food, and communication equipment industries.
Institutional Views:
Zhongtai: Looking ahead, the market is in a "year-end and beginning of the year" period with limited information, and market volatility may intensify.
Huaxi: Before and after the Spring Festival, there may be an important buying point for the year.
EB SECURITIES: Pay attention to leading companies in the technology and consumer sectors in the large-cap stocks.
In summary, the market is currently in a "risk window" period, and market volatility may increase in the absence of significant information. There are opportunities for rebounds before and after the Spring Festival, with recommendations to closely monitor the stabilization of small and medium-sized stocks such as the CSI 2000 index.
In terms of popular sectors, the concept of Little Red Book and Siasun Robot & Automation were highlighted with strong performances.
Overall, the market outlook suggests a cautious approach to the current market conditions.Iasun Robot & Automation is expected to create its own demand, and it is recommended to focus on high-value components such as precision screws, tactile sensors, and dexterous hand parts where technological innovations still exist.This article is reprinted from "Tencent Select Stocks"; GMTEight Editor: Wang Qiujia.
Related Articles

HK Stock Market Move | ALI HEALTH (00241) opened down nearly 5%, Alibaba issued HK$12 billion zero-coupon convertible bonds which can be converted into ALI HEALTH shares.

New stock on the first day | Anjoy Foods Group (02648) made its debut on the market. The stock opened flat in the morning, the company is the leading enterprise in China's frozen food industry.

Implementing JD.com's "1000 Chinese Brands Going Global" strategy, JD Industrial has reached a strategic partnership with Hangcha Group.
HK Stock Market Move | ALI HEALTH (00241) opened down nearly 5%, Alibaba issued HK$12 billion zero-coupon convertible bonds which can be converted into ALI HEALTH shares.

New stock on the first day | Anjoy Foods Group (02648) made its debut on the market. The stock opened flat in the morning, the company is the leading enterprise in China's frozen food industry.

Implementing JD.com's "1000 Chinese Brands Going Global" strategy, JD Industrial has reached a strategic partnership with Hangcha Group.
