【每日收评】北证50指数重挫6%！全市场超4400股下跌，银行股逆势再走强

Market Overview - The market experienced fluctuations with the ChiNext Index leading the decline, and the North Exchange 50 Index dropping over 6% [1] - The total trading volume in the Shanghai and Shenzhen markets was 1.1 trillion, a decrease of 70.8 billion compared to the previous trading day [1] - Over 4,400 stocks in the market declined, indicating a broad-based sell-off [1] Sector Performance - Bank stocks showed resilience, with several banks like Pudong Development Bank reaching historical highs [2] - The People's Bank of China announced a symmetrical reduction of the Loan Prime Rate (LPR) by 10 basis points, with the new rates set at 3% for 1-year and 3.5% for 5-year [2] - Major state-owned banks and China Merchants Bank also lowered deposit rates, which is expected to stabilize bank interest margins [2] - The military industry saw a temporary surge, with stocks like Galaxy Electronics hitting the daily limit [2] - Analysts predict that the military electronics sector will see a turning point starting in the third quarter due to increased demand for informationization and automation [2][3] Individual Stock Movements - High-profile stocks experienced significant losses, with several reaching their daily limit down [5] - The North Exchange stocks also faced sharp declines, with the North Exchange 50 Index dropping over 6% [5] - Despite the downturn, some stocks like San Sheng Guo Jian and Nanjing Port showed resilience with consecutive gains [5] Key Events - The Financial Regulatory Bureau announced the approval of a third batch of long-term investment reform pilot programs for insurance funds, totaling 600 billion [9] - The China Development Bank completed the bidding for its third phase of financial bonds, with the 1-year bond yield at 1.4019% [10]