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CHINA DRAGON SECURITIES·2024-06-14 03:02

Market Overview - The Shanghai Composite Index closed at 3028.92 points, down 0.28%[2] - The Shenzhen Component Index closed at 9206.24 points, down 0.69%[2] - The ChiNext Index closed at 1777.79 points, down 0.09%[6] Trading Activity - Total trading volume in the Shanghai and Shenzhen markets reached 752.5 billion CNY, an increase of 60.5 billion CNY from the previous trading day[4] - Over 3400 stocks declined across the market, indicating a weak overall market sentiment[4] Sector Performance - The sectors showing gains included new stocks on the Sci-Tech Innovation Board, semiconductors, AI mobile phones, and humanoid robots[5] - Sectors that experienced declines included pork, fertilizers, pharmaceutical commerce, and agriculture[5] Financing Data - As of June 12, the financing balance on the Shanghai Stock Exchange was 782.315 billion CNY, an increase of 0.037 billion CNY from the previous day[8] - The financing balance on the Shenzhen Stock Exchange was 692.736 billion CNY, an increase of 1.368 billion CNY from the previous day[8] Investment Insights - The market is currently in a phase of adjustment, with weak profit-making effects and a predominance of declining stocks[9] - The technology sector continues to show strong performance, particularly stocks on the Sci-Tech Innovation Board[9] Future Trends - The humanoid robot sector is expected to see accelerated development in 2024, with significant investments from tech giants driving breakthroughs and commercialization[10] - The DRAM market is projected to face a supply shortage of 23% in the coming year, leading to price increases of 13% for DRAM and 20% for NAND chips in Q3 2024[13][14]