The stock of securities companies almost went up and down all the time, "Rocket is good"! The three major A-share stock indexes collectively jumped short and surged by over 5%
Under the positive stimulus of "Rocket" at the weekend, the three major A-share indexes jumped sharply and rose more than 5% on August 28. Among them, the Shanghai Composite Index opened 5.06% higher at 3219.04 points, the Shenzhen Component Index opened 5.77% higher at 10714.69 points, and the New York Index opened 6.96% higher at 2182.39 points.
On August 27th, the Ministry of Finance and the State Administration of Taxation announced that the stamp duty on securities trading will be halved starting from August 28th. On the same day, the China Securities Regulatory Commission also introduced policy measures such as gradually tightening the pace of IPOs, further regulating the reduction of shares, and lowering the proportion of financing margin.
From the market perspective, securities stocks almost hit the daily limit up, while real estate and software stocks hit the limit up in batches; Semiconductor, digital currency, and AI concept stocks performed actively.
According to Wind statistics, a total of 5197 stocks in the two markets rose, 21 fell, and 29 remained flat.
In terms of funding, the central bank launched a 332 billion yuan 7-day reverse repurchase operation in the open market, with a winning bid interest rate of 1.8%. According to Wind data, a reverse repurchase of 34 billion yuan expired today, achieving a net investment of 298 billion yuan.
In terms of financing, the financing balance of the two cities decreased by 9.725 billion yuan, totaling 1469.249 billion yuan.
In terms of exchange rate, the central parity rate of the Chinese yuan against the US dollar was 7.1856, an increase of 27 basis points.