On the morning of May 20,The Shanghai Composite Indexup 1.11%,GEM refers torose 1.54%. Coal and industrial metals sectors led the gains, while vaccines, transportation, home appliances, and financial sectors performed well, while real estate sectors took a break.
Data show that as of the close in the morning, the Shanghai Composite Index rose 1.11% to 3131.4 points;Shenzhen Component IndexIt rose 1.33% to 11,400.08 points; the ChiNext Index rose 1.54% to 2,413.77 points.
Among the first-level industry sectors of Shenwan, coal,beauty caretransportation and other sectors were among the top gainers; real estate, defense and military industry, agriculture, forestry, animal husbandry and fishery sectors fell.
Concept plate with industrial metals, coal mining, sodium ionsBatteryConcept sectors such as real estate, new crown special medicines, and new urbanization are among the top gainers;
AnxinsecuritiesSaid that “steady growth” is still the main position, and “positional warfare” should not be switched back and forth. The suggested allocation priority is stable growth>high prosperity, post-epidemic recovery>global inflation (coal, nonferrous metals, petrochemical industries).
(Article source: ChinasecuritiesReport · China Securities Network)