Under the influence of the turbulence of the peripheral market and the imbalance of China's economic recovery, the CSI 300 Index fluctuated at the beginning of the first trading day after the holiday.The strong holiday consumption did not significantly boost A shares, and consumer stocks and technology stocks led a decline in the index.
According to Bloomberg, the Shanghai and Shenzhen 300 Index is currently fluctuating on a flat market, and the consumer sector has fallen by about 1.4%, and the information technology sector performs worst, down more than 2%.The Shanghai Composite Index has been high under the promotion of financial stocks such as state -owned banks.Hong Kong stocks, which fell the previous day, rebounded on Thursday (May 4).
China May Day Tourism and other data are dazzling, but the official procurement manager index announced on Sunday (April 30) shows that the manufacturing event has shrunk unexpectedly in April, causing concern to recovery imbalances.In addition, bank stocks in the United States have been sold again, and weak US demand data has further exacerbated the market's concerns about the global economy's decline, making market sentiment cautious.
Northeast Securities stated in the report that the Political Bureau of the Communist Party of China in April emphasized high -quality development. Overseas US Bank crisis once again fermented in internal and external risks, and the risk of friction between China and the United States still disturbed.The improvement of profit growth slightly improved and the May 1st travel consumption is hot, which may boost emotions but the impact is small. It is expected that A shares will maintain a fluctuation trend in May.
In terms of sectors, most of the A -share tourism stocks have made a profit. Xi'an Tourism once fell nearly 8%in Shenzhen, and Ctrip Group fell in Hong Kong for five days.The film and television sector has performed on the rise and fall. Ali Pictures has risen in Hong Kong, and Light Media and other A shares have fallen.Data show that the box office of China's May Day holiday has reached 1.3 billion yuan (about S $ 250 million).
