A-share review | The Shanghai Index fell 0.82%, and the MLCC film and television concept is active

The Zhitong Finance App learned that on August 11, the three major A-share indices had mixed ups and downs. The Shanghai Index fluctuated and declined, and the GEM Index bucked the trend and became slightly popular. At the close, the Shanghai Stock Exchange Index fell 0.82% to 3934.09 points; the Shenzhen Stock Exchange Index fell 0.40% to 14259.44 points; the GEM index rose 0.34% to 3549.16 points; Science and Innovation 50 fell 1.63% to 1709.50 points; and the Beijing Stock Exchange 50 fell 0.86% to 1113.22 points. The total turnover of the Shanghai and Shenzhen markets was about 2.32 trillion yuan, down about 2021 billion yuan from the previous trading day. 1,615 stocks in the entire market rose, 3,777 fell, and the trading was flat, with a profit effect of about 29%; 60 stocks rose and stopped, and 2 fell. On the market, sectors such as MLCC concept, CRO, cinema, pharmaceutical commerce, communication equipment, and photovoltaic equipment registered the highest gains; sectors such as precious metals, industrial metals, small metals, energy metals, and commercial aerospace registered the highest declines. On the same day, three IPOs landed on A shares on the same day: Ultrapure Applied Materials (301717.SZ) closed up 662.24% on the first day of listing, closing at 503.00 yuan/share; Guoyi Company (688828.SH) closed up 419.46% on the first day of its initial listing, closing at 110.23 yuan/share; Jiakai Biotech (920165.BJ) closed 138.53% on the first day of its initial listing.

driving factors

On the same day, the market showed a clear pattern of exponential differentiation: the Shanghai Index, Shenzhen Index, and Science Innovation 50 all closed down. The GEM Index alone benefited from the strengthening of the pharmaceutical, photovoltaic and other sectors bucked the trend and registered a slight red 0.34%, while Science and Innovation 50 had the highest decline of 1.63%. The turnover of the Shanghai and Shenzhen markets was about 2.32 trillion yuan, down about 2021 billion yuan from the previous day. The profit effect of the entire market was less than 30%. The rise and fall of 60 companies corresponded to only 2 losses, indicating moderate adjustments at the individual stock level and no panic sell-off. The MLCC concept continues to strengthen. According to news, demand for AI continues to heat up, causing the global supply of passive components to be tight. Some customers are grabbing goods from major manufacturers such as Guoju and Murata Manufacturing at 2 to 3 times the original price. The capacity utilization rate of major MLCC manufacturers is close to full load, and delivery times for some products have been extended to 12 to 16 months. Summer box office catalyzed film and television cinema section: As of 11:00 on August 11, the total 2026 summer box office (including pre-sale) had reached 8.741 billion yuan, breaking 100 million for 31 consecutive days since July 11; “Welcome to Dragon Restaurant” starring Shen Teng was officially screened on August 11, and the ticket collection rating of 9.8 was set for nearly three years. The non-ferrous sector opened high and went low: after strengthening in the first few trading days, the precious metals sector plummeted 5.34% on the same day. Segments such as gold, copper, and tungsten pulled back simultaneously. Industrial metals fell 4.84%, and small metals fell 4.41%.

Popular sector aspects

1. MLCC concept: The sector strengthened repeatedly. Shuangxing New Materials, Jiemei Technology, and Guofeng New Materials rose and stopped, Daly Cap rose more than 13%, and Fenghua Hi-Tech rose more than 6%. According to the news, the AI wave is driving the rapid growth of MLCC demand. In order to ensure a stable supply of key materials, some customers did not hesitate to seek supplies from MLCC manufacturers such as Guoju and Murata Manufacturing at 2 to 3 times the original price. The market has formed a “higher price wins” material grabbing atmosphere, highlighting the current level of tight MLCC supply. Industry analysts pointed out that major MLCC manufacturers currently have sufficient orders, capacity utilization is close to full load, and delivery times for some products have been extended to 12 to 16 months.

2. Film and television cinema line: The sector continues to be strong. Beijing Culture is on the 2nd board, Huazhi Digital Media is up and down by 20CM, and Cultural Investment Holdings is closed. According to the news, the summer box office has broken 100 million for 31 consecutive days since July 11; “Welcome to Dragon Restaurant” was officially released on August 11, setting a record for nearly three years. Before the screening, many industry media predicted that the film's total box office would reach 2.5 billion yuan to 3.65 billion yuan. On August 14, Nolan's new film “Odyssey” is about to be screened (the overseas box office has broken 1 billion US dollars). The agency indicated that the summer box office is flexible enough, and the sector's valuation repair market is expected to continue.

3. Innovative drug and pharmaceutical business: The sector rebounded, Baihua Pharmaceutical opened 6 consecutive boards, opened 4 consecutive industrial markets, Ganli Pharmaceutical, Harbin Pharmaceutical Co., Ltd., Wanbang Pharmaceutical (20CM), ordinary people, first pharmaceuticals, etc. rose and stopped. According to the news, seven departments including the Shanghai Municipal Commission of Commerce issued the “Shanghai National Service Trade Innovation and Development Demonstration Zone Construction Plan” to support the innovative development of the biomedical industry and support the global registration and certification of innovative drugs, modern traditional Chinese medicines, and high-end medical devices developed by enterprises. According to Wind data, the pharmaceutical and biological industry received a total net inflow of over 39.1 billion yuan in main capital in the past five trading days.

Adjust the section

The precious metals sector plummeted 5.34%, industrial metals fell 4.84%, small metals fell 4.41%, and the non-ferrous sector overall moved higher and lower. The Chifeng Gold and Luoyang Molybdenum industries fell by more than 7%, while Zijin Mining followed suit. The commercial space sector generally declined, and Chinese satellites fell by more than 8%. Furthermore, the launch of the Blue Arrow Space Suzake-3 Yao2 carrier rocket was originally scheduled to be postponed in the morning of August 11. The above directions all showed significant gains in the previous period, and the decline was the highest on the same day.