The A-share marine economy sector performed strongly on Wednesday.
Beijing, July 2nd (Reporter Chen Kangliang) The Chinese A-share market retraced on Wednesday (July 2nd), with all major indexes falling. Among the sectors, the marine economy concept sector performed strongly against the trend and stood out.
According to the statistics of Dongfang Caifu, a financial data service provider, the marine economy concept sector rose by 3.69% on that day, ranking first in terms of increase. In terms of individual stocks, stocks such as Guolian Aquatic, Shenshui Haina, Bingshan Cold Heat, Zhangzi Island, and Shenkai Stock all saw their stock prices hit the ceiling; among them, Guolian Aquatic and Shenshui Haina recorded a rise of about 20% on that day.
On the message front, the sixth meeting of the Central Financial and Economic Affairs Commission was held recently. The meeting pointed out that to promote the high-quality development of the marine economy, it is necessary to strengthen top-level design, increase policy support, and encourage and guide social capital to actively participate in the development of the marine economy. It is necessary to strengthen, optimize, and expand the marine industry, promote the standardized and orderly construction of offshore wind power, develop modern deep-sea fishing, develop marine biomedicine and biological products, create characteristic marine culture and tourism destinations, and promote the high-quality development of the shipping industry.

Guo Yiming, the Director of Investment Consulting at Ju Feng Investment Consulting, said that from the perspective of market performance, the A-share marine economy sector has been on a strong uptrend since April, with outstanding performance in sub-sectors such as deep-sea technology, marine engineering equipment, and offshore wind power. The stock prices of many individual stocks have continued to rise. The holding of the above major meeting is beneficial to the sector, and it is expected that with the gradual implementation of more supporting policies, the marine economy sector is likely to attract more capital favor in the capital market.
As for the performance of the major A-share indices on that day, by the closing bell, the Shanghai Stock Exchange Composite Index closed at 3454 points, with a decline of 0.09%; the Shenzhen Stock Exchange Composite Index closed at 10,412 points, with a decline of 0.61%; the ChiNext Index closed at 2,123 points, with a decline of 1.13%. The total trading volume of the Shanghai and Shenzhen stock markets was approximately 1.377 trillion yuan, a decrease of about 891 billion yuan from the previous trading day.


