Shine Trader Live reports:
The A-share market has completely changed compared with yesterday. Yesterday, the cyclical sector, which also led the rise sharply, was muted, and many iron and steel and nonferrous metals stocks suffered in-depth adjustment. The technology stocks with the highest decline yesterday made a counterattack across the board, in which the concept of Huawei Hongmeng set off a wave of trading.
Reflected in the index, the cycle plate revaluation dragged down the Shanghai Composite Index weak shocks in the early morning, but Baijiu stock overall strength, and protect Shanghai Stock Index 3700 points. The “mass entrepreneurship and innovation” index with strong scientific and technological color rose sharply in early trading, and the growth enterprise market index and Kechuang 50 index rose by about 2%.
Morning trading performance of major A-share indexes
Upgrade users exceeded 100 million
Huawei Hongmeng concept lifted the tide of daily limit in early trading
Huawei Hongmeng concept became the strongest main line in the market this morning. As of noon closing, the wind Huawei Hongmeng index rose 5.79%, Jiulian technology, Runhe software gained 20% of the limit, Chengmai technology and Kelan software rose more than 10%, and Changshan Beiming and Tuowei information gained 10% of the limit.
Huawei Hongmeng concept early performance
On the news side, the smart office new product launch held by Huawei yesterday triggered a heated discussion. Yu Chengdong, managing director of Huawei and CEO of consumer business, announced at the press conference that as of September 12, the number of upgraded users of harmonyos 2 exceeded 100 million, becoming the world’s fastest mobile operating system with more than 100 million users.
Yu Chengdong said that harmonyos has brought users simpler connection, better experience and more convenient services for multiple devices in the whole scene. At the same time, adhering to the concept of openness, open source, co construction, win-win and building a trusted intelligent industry ecology, harmonyos will also become the operating system base in the era of Internet of all things.
Zhao Weibo, a computer industry analyst at Northeast Securities, believes that Huawei Hongmeng system is expected to become the third largest operating system in the world for a long time, driving the development of China’s basic software and hardware.
It is estimated that the global operating system market will be about US $37.32 billion in 2021. In addition to licensing fees, operating system providers will also obtain commissions or advertising revenue through basic services such as application market, map, e-mail and search engine. In 2020, the Commission in the global Smartphone Application market alone will exceed US $27.7 billion. The operating system will also drive the trillion level ecology of terminals and software.
In Zhao Weibo’s view, the release of Huawei Hongmeng system has brought new opportunities for the ecological development of China’s basic software and hardware industries. There are four main investment lines worth paying attention to in judging Hongmeng Ecology: first, Hongmeng ecological basic hardware equipment supplier; Second, Hongmeng ecological software developer; Third, Huawei’s auto business partners; Fourth, manufacturers that use Hongmeng application to provide services.
Foreign capital quietly withdrew
The cyclical plate experienced adjustment in early trading
On the other side of the collective rebound of science and technology stocks, the cycle plate that continued to be hot in the early stage suffered a pullback in early trading.
As of noon closing, Shenwan steel index fell 2.24%, ranking the first in the primary industry. The shares of special materials and new steel fell by more than 5%.
Early performance of steel plate
The nonferrous metal plate also fell from a high level. Nanshan aluminum, Minfa aluminum and other popular aluminum stocks fell more than 5% in early trading. Correspondingly, aluminum futures prices showed signs of peaking, and the main contract of Shanghai aluminum fell 3.04% in early trading, swallowing all the gains on Monday.
Early performance of non-ferrous metal plate
It is noteworthy that with the stock price entering a high stage, the capital side of the cycle plate began to loosen, and the willingness of foreign capital to settle at a high level is prominent.
According to the central clearing shareholding record released by the Hong Kong Stock Exchange before trading today, although the cyclical sector led the rise sharply yesterday, some popular cyclical stocks encountered northward capital settlement while rising sharply.
Wind statistics show that on September 13, the non-ferrous metal industry as a whole was net sold by northward funds of 1.86 billion yuan, ranking first in all industries. In addition, while the share price of the coal industry also rose sharply, it was net sold by northward funds of 40 million yuan.
At the individual stock level, although Chinalco’s share price rose by the limit on Monday, it was net sold by northbound funds of 650 million yuan. Hesheng silicon industry, Ganfeng lithium industry and Luxi Chemical industry were net sold by northward funds to varying degrees.
Reprint indicated source：Shine Trader Limited Live information