Home » The Shanghai Composite Index ends four consecutive declines in the Chinese medicine sector and then raises the limit wave

The Shanghai Composite Index ends four consecutive declines in the Chinese medicine sector and then raises the limit wave

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Original Title: The Shanghai Stock Exchange Index Ends Four Streaks of Falling Chinese Medicines

China News Service, Beijing, January 10 (Liu Wenwen) In the case of A-shares “not going well” at the beginning of 2022, on the 10th, the Shanghai Composite Index finally ended its four-day losing streak.

On the same day, the three major A-share indexes opened lower and then rebounded. In the afternoon, it maintained a narrow range and the ChiNext index turned green.

As of the close, the Shanghai Composite Index rose 0.39% to close at 3593.52 points, with a turnover of 443.40 billion yuan (RMB, the same below); the Shenzhen Component Index rose 0.44% to close at 1440.697 points, with a turnover of 607.98 billion yuan; the ChiNext Index fell 0.04%. It closed at 3095.69 points, with a turnover of 231.31 billion yuan.

On the board, the breeding, new crown inspection, pork and other sectors ranked among the top gainers. The ice and snow industry, photovoltaic equipment, wind power equipment, and mining industries were among the top decliners. Recently, a number of Chinese medicine companies have reported price increases for proprietary Chinese medicines, and the Chinese medicine sector has once again set off a rising tide.

Meng Lei, an A-share strategist at UBS Securities, said at the media meeting of the 22nd UBS Greater China Seminar held on the same day that with the release of a series of stable growth policies, the A-share market is expected to rise in 2022. power. At the same time, the market style switched to consumption. Optimistic about the food and beverage, household appliances, auto parts, power battery related sectors, as well as renewable energy and ubiquitous power Internet of Things sectors.

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CICC’s research team stated that after the indicators gradually improve, the market may reverse the downturn and gradually turn positive, focusing on bank credit, social financing, development and reform commission project approval, financial support, and housing-related policies. In terms of style, “steady growth” will still be the main line of the market in the near future, and the growth style of manufacturing may continue to be suppressed, and we still need to wait for the opportunity. (Finish)Return to Sohu to see more

Editor:

Disclaimer: The opinions of this article only represent the author himself. Sohu is an information publishing platform. Sohu only provides information storage space services.

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