[Shenzhen Business Daily](Reporter Zhan Yuye) On November 4th, Chinese resources soared! The major indices of A shares and Hong Kong shares grew collectively, and offshore RMB also performed well over the same period. This week, A shares ushered in their largest weekly gain since July 2020.
At the end of the day, the Shanghai Composite Index recovered 3,000 points and closed up 2.43% to 3,070.8 points; the Shenzhen Component Index rose 3.2% to 11,187.43 points; the ChiNext index rose 3.16% to 2,451.22 points; Science and Technology Innovation 50 The index rose 2.37% to 1,072.87 points. After a one-day trading gap, the turnover of the Shanghai and Shenzhen stock exchanges again exceeded 1 trillion yuan, reaching 1,002.875 billion yuan, and more than 4,100 stocks in the two cities increased. The actual net purchase of northbound funds that day was 10.073 billion yuan. It is worth noting that it is rare in the market that the net inflow of more than 100 major shares exceeds 100 million yuan and the net inflow of multiple shares exceeds 600 million yuan. Among them, the net inflow of Wuliangye and Dongfang Wealth exceeded 1.5 billion yuan, the net inflow of Kweichow Moutai exceeded 1.4 billion yuan, the net inflow of Salt Lake shares exceeded 1 billion yuan, the net inflow of Tianqi Lithium Industry has exceeded 800 million yuan, CATL, TCL Central, BYD, The net inflow of LONGi Green Energy and Vanadium and Titanium shares has exceeded 600 million yuan.
As for the A-share sectors, the tourism, hotel, catering, wine and environmental protection sectors have increased significantly, the coal, electricity, finance, real estate and medicine sectors are all strengthened. New energy sectors such as lithium mining, lithium batteries, rare earth, energy storage and photovoltaics were collectively active. Car demolition, battery recycling concept, etc.
On Friday, the Hang Seng index closed up 5.36% at 16161.14 points; the Hang Seng China Enterprises index rose 6.03% to 5482.52 points; the Hang Seng Technology index rose 7.54% to 3264.23 points. The full-day turnover of Hong Kong shares was 188.645 billion Hong Kong dollars. Hong Kong’s stock industry sectors grew almost across the board, with software development, short video concepts and other sectors leading the way. Data shows that in the five trading days of this week, the Hang Seng Index rose 8.67%, the Hang Seng Technology Index rose 15.35%, the Shanghai Composite Index rose 5 , 31%, the Shenzhen Component Index rose 7.55% and the ChiNext Index rose 8.92%. A shares posted their largest weekly gain since July 2020.
Onshore and offshore RMB exchange rates against the US dollar also rose sharply on Friday, up nearly 900 basis points from the previous trading day’s close, recovering the 7.3 threshold. At 4:30 pm on November 4, the onshore RMB exchange rate against the US dollar was 7.2703, with an intraday appreciation rate of 0.72%; the offshore RMB exchange rate against the US dollar was brought back to 7.2818, with an intraday appreciation rate of 0.69%. Back to Sohu, see more
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