Board review:
The Shanghai and Shenzhen Stock Exchange opened higher in the morning and fell back. The decline narrowed upward in the afternoon. The Shanghai and Shenzhen Stock Exchange once turned red. At the close, the Shanghai Index fell 0.07%, the Shenzhen Component Index fell 0.05%, and the ChiNext Index fell 0.26%. The time-sharing average was yellow above and white throughout the day, and the theme was relatively active. Sectors, gaming stocks led the gains at the opening in the morning, power grid equipment and UHV sectors fluctuated and strengthened, automobile stocks fluctuated and rose, innovative drugs sector rebounded, copper cable high-speed connection concepts were active, overseas concepts, pork, real estate, etc. rose, civil explosion concepts, express logistics sectors rose in the afternoon, brokerage stocks made unusual moves, and data element concepts fluctuated higher. In terms of decline, coal, artificial meat, synthetic biology, shipping ports and other sectors were among the top losers.
Sector market interpretation:
Last night, the U.S. stock Game Station burst the short sellers. Today, A-share games are also riding the wind and strengthening, and the domestic game industry is about to usher in a major event. Tencent's WeGame annual press conference "Game Night" will be held on May 19. Dozens of new games will be released at that time. First, speculate on expectations. Games, metaverses, and AI applications+ are of the same style and are big technology varieties. Especially in the future, if the peripheral emotional value can still be provided, there may be an active window for the corresponding sectors. The market is active throughout the day, and it is the turn of most weights to rest. It is expected that if the market gets closer to 3120, more funds will be invested in core assets, blue chip weights, price-rising public affairs and other sectors for defense.
Trend prediction:
The market fluctuated throughout the day. The lower support lies in the gap near 3120 points. This place has strong support. The upper pressure is at 3163 points. The market is in the process of tangled and oscillating in this narrow range to build a platform.
The market is risky and investment needs to be cautious. This article is for investor education purposes only and does not constitute any investment advice. Investors should operate at their own risk. We strive to ensure that the information involved in this article is accurate and reliable, but we do not guarantee its accuracy, completeness and timeliness, and we do not assume any responsibility for any losses caused by investors investing based on this information.
Disclaimer
This article was edited by Huizheng Finance’s investment consultant: Gu Chenhao (registration number: A0070620080002). It is for reference only. Please make your own decisions at your own risk. Investment is risky, so be cautious when entering the market!
