On September 30, the last trading day before the National Day Golden Week, A-shares continued to rise sharply.
As of the close of the day, the Shanghai Composite Index achieved its highest single-day gain in nearly 16 years, rising 8.06% to directly regain 3,300 points; the Shenzhen Component Index closed up 10.67%, the highest increase in nearly 28 years; the ChiNext Index, Science and Technology Innovation 50, and Beijing Stock Exchange 50 simultaneously set their largest historical gains.
Just 35 minutes after the opening of the market, the turnover of the two markets exceeded one trillion yuan, setting a new record for the fastest turnover of one trillion yuan in history. Wind data showed that the turnover of A-shares on that day was close to 2.36 trillion yuan, setting a new historical high. Previously, the highest single-day turnover was 2.356 trillion yuan on May 28, 2015.
The market continues to increase in volume, and the signal of incremental funds entering the market is obvious. Driven by the huge market conditions, the concept of securities companies has gone completely crazy! At the beginning of the morning session, the securities sector was all in the green.
Wind data shows that except for Haitong Securities (8.770, 0.00, 0.00%) (600837.SH) and Guotai Junan Securities (14.700, 0.00, 0.00%) (601211.SH) which are still suspended due to restructuring, the remaining 46 securities stocks have all reached their daily limit. In addition, some securities stocks have achieved five consecutive daily limits. Tianfeng Securities (4.390, 0.40, 10.03%) (601162.SH) and Guohai Securities (4.830, 0.44, 10.02%) (000750.SZ) have risen by more than 60% in this wave of market since September 24.
In addition, 5 stocks related to Wind stock trading software also hit the daily limit. Since the policy package was released on September 24, the "Securities Mao" Dongfang Fortune (20.300, 3.38, 19.98%) (300059.SZ) has risen by 89.19%, nearly doubling. In the concept of stock trading software, many stocks hit the daily limit of 20cm. Under the boost of the brokerage market, many brokerage ETFs collectively hit the daily limit.
Not only brokerages, but almost all sectors of the market have soared. In addition to securities ETFs, more than 30 industry ETFs such as wine ETFs and semiconductor ETFs have hit their daily limit. In addition, more than 10 science and technology innovation 50 ETFs and mass innovation ETF funds have achieved a 20% daily limit.
The "myth" of new stocks also reappeared. As there was no limit on the daily price fluctuation, many newly listed stocks and second-new stocks triggered a second temporary suspension during the trading session. Changlian Technology (381.000, 359.88, 1703.98%) (301618.SZ) soared 1700% on the first day of listing, and market sentiment was extremely enthusiastic.
Times Finance learned from several brokerage firms that since the market opened on September 24, staff in various positions at brokerage firms have been on high alert, with IT, sales and others all on standby.
An employee of a leading securities firm in South China told Times Finance, "In the past two days, the number of clients for consulting channel business has increased, many of whom are clients with large amounts of funds. It can be said that the trading enthusiasm has been ignited across the board. Even though it is time for the holiday, colleagues are still in high spirits and full of work enthusiasm."
Times Finance also learned from multiple investors that many young customers have recently inquired about account opening services. A post-00s who just started working in Foshan told Times Finance, "I tried to open a stock account on the Alipay platform at 2 pm today (September 30), but failed. The other party's feedback was that the account opening would have to wait until the next trading day, that is, after the National Day holiday."
He also mentioned, "Maybe because I am young, the other party's customer service also confirmed whether I am an adult. The other party said that they need to confirm that I am an adult and have income, and I have to wait for the brokerage staff to call to confirm."
Compared with the stock market, the cryptocurrency market seems to be increasingly neglected by young people.