A-Share Review: Shanghai Composite Rises 0.17%, ChiNext Falls 1.62% as Film and Baby Products Concepts Shine!

July 30 message, Shanghai Composite bounced back and rose slightly at the close, while ChiNext fell over 1%. Sector-wise, film and television sector performed strongly throughout the day, with Blue Ocean Happiness (300528) rising 20cm and hitting the daily limit, followed by Jinyit Film (002905) and Cuncun Media (002343) and many other stocks rising strongly. Baby products concepts also rallied in the afternoon, with Yangguang Dairy, Beifeng Beauty (002570) and many other stocks rising sharply. Agricultural sector rebounded from the day's low, with Fucan Pharmaceutical (002644) rising sharply in the afternoon. Rare earth permanent magnet concept was volatile, with Shenghe Resources (600392) and Huahong Technology dropping sharply. Solid-state battery sector weakened, with Xinyuan People's and Huasheng Battery leading the declines. Cross-border payment concept also declined, with East Harmony (002017) falling sharply at the close. Overall, individual stocks fell more than they rose, with over 3500 stocks declining.

As of the close, Shanghai Composite stood at 3615.72 points, up 0.17%; Shenzhen Component Index stood at 11203.03 points, down 0.77%; ChiNext stood at 2367.68 points, down 1.62%.

Sector-wise, film and television, oil and gas exploration, and agriculture sectors performed strongly; battery, mobile payment, and multi-financial services sectors declined.

Hot Sectors:

1. Film and Television

Blue Ocean Happiness, Jinyit Film, Cuncun Media, Beijing Culture (000802) and many other stocks rose sharply.

Message-wise, according to Lantern data, as of July 29 at 15:00, total box office revenue for the summer season (June-August) has exceeded 55 billion yuan. Among them, South China Photography performed exceptionally well, with a box office revenue exceeding 6 billion yuan within five days since its release on July 25.

2. Baby Products Concepts

Beifeng Beauty, Yangguang Dairy, Anjing Fashion (603839) and many other stocks rose sharply.

Message-wise, the State Council Information Office held a press conference today at 14:00 to introduce measures for childcare subsidies and support. As of January 1, 2022, all eligible children under the age of three will be entitled to childcare subsidies.