One week market review

Category: Policy Organization: Hongxin Securities Co., Ltd researcher: Xu Wei Date: May 24, 2024

A-share market:

    This week, the A-share Shanghai Composite Index fell 2.07% to close at 3088.87, the Shenzhen Composite Index fell 2.93% to close at 9424.58, and the GEM Index fell 2.49% to close at 1818.56.

    The representative indexes of the value style sector Shanghai 50, CSI 100 and CSI 300 fell 1.97%, 2.36% and 2.08% respectively, while the representative indexes of the growth style sector Small and Medium 100, CSI 500 and CSI 1000 fell 2.72%, 3.25% and 3.83% respectively.

    The average daily turnover of A-shares in the two cities this week was 851.73 billion yuan, an increase of 0.33% over the previous week.

    The industries with the highest growth rate this week are: coal (2.19%), public utilities (1.59%), agriculture, forestry, animal husbandry and fishery (0.56%). The industries with the highest decline are: light manufacturing (- 5.71%), real estate (- 5.26%), comprehensive (- 4.25%), building materials (- 4.21%), and automobiles (- 4.19%).

    Hong Kong Stock Connect:

    The average daily turnover of Shanghai Stock Connect this week was 60.416 billion yuan, 4.83% lower than last Sunday. Among them, the average purchase volume on this Sunday was 30.719 billion yuan, down 5.73%; The average turnover of sales this Sunday was 29.698 billion yuan, down 3.88%.

    The average daily capital inflow of Shanghai Stock Connect this week was 1.021 billion yuan, 667 million yuan less than that of last Sunday. Up to now, the accumulated net capital inflow of Shanghai Stock Connect has risen to 1029.225 billion yuan.

    The average daily turnover of Shenzhen shares this week was 58.587 billion yuan, 4.17% lower than last Sunday. Among them, the average purchase volume on this Sunday was 28.867 billion yuan, down 6.33%; The average turnover of sales this Sunday was 29.721 billion yuan, down 1.96%.

    The average daily net outflow of funds from Shenzhen Stock Exchange this week was 854 million yuan, 1.357 billion yuan more than that of last Sunday. Up to now, the accumulated net capital inflow of Shenzhen Stock Connect has dropped to 827.761 billion yuan.