In the morning trading on January 28, the main index of A-Shares showed a trend close to “V”. After the high opening, there was a more obvious downward adjustment. However, near the midday closing, the three major stock indexes turned red strongly.
In fact, despite the recent significant fluctuations in a shares, institutions are still optimistic about the prospects of Chinese assets such as A-Shares and believe that the current is the admission opportunity for the layout of high-quality assets. Some institutions frankly said that with the arrival of several major benefits, in the lunar year of the tiger, the Chinese market will welcome the roaring of the tiger.
major stock indexes rose strongly
In the morning trading on January 28, the main A-share indexes opened higher, but they fell one after another shortly after the opening. With the recovery of market optimism, the three major stock indexes turned red strongly from 10:50 to 11:00, and the half day trend was close to V-shape.
As of midday closing, the Shanghai index rose 0.05%, the Shenzhen Component Index rose 0.53% and the gem index rose 1.44%.
In terms of industry sectors, among the shenwanyi industry index, agriculture, forestry, animal husbandry and fishery, social services, communications and other sectors led the increase; Coal, non-ferrous metals, steel and other sectors led the decline.
Among the popular stocks, Contemporary Amperex Technology Co.Limited(300750) jumped 2.53% higher and rose 4.75% in half a day to 602.30 yuan, with the latest market value of 1403.9 billion yuan. Gem refers to the eye-catching performance. The share prices of the top four companies in the total market value of gem rose, including Contemporary Amperex Technology Co.Limited(300750) , Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) , China stock market news, Yihai Kerry Arawana Holdings Co.Ltd(300999) .
institutions: not afraid of short-term risks
the Chinese market will welcome the roar of the tiger
Despite the recent fluctuations in the A-share market, institutions and experts are still optimistic about the prospect of A-share.
Catherine Yeung, director of Fidelity International Investment, pointed out that looking forward to the year of the tiger, several positive factors will support the Chinese market to usher in the year of the tiger. First, there is more room for monetary policy. Secondly, the valuation of the Chinese market is attractive.
Chen Guo, chief strategist of China Securities Co.Ltd(601066) securities, said that with the recent interest rate meeting of the Federal Reserve, the market risk aversion was released intensively. From the perspective of fundamentals and market factors, the conditions for counterattack in the A-share market have been met.
Chen Guo believes that the current policy still leaves sufficient space for continuous promotion, and there is a trend to accelerate and strengthen the promotion.
Citic Securities Company Limited(600030) said in the latest research report that the negative resonance of the global equity market led to the excessive release of negative emotions of A-share investors. Under the resonance of “emotional bottom” and “market bottom”, the A-share market overshoot. Citic Securities Company Limited(600030) believes that this adjustment not only deviates from the trend of China’s monetary easing and long-term additional allocation of A-Shares by overseas funds, but also deviates from the expected improvement trend of fundamentals supported by policies. It is suggested to actively grasp the starting point of A-Shares in the first half of the year.
how to allocate A-share assets in the year of the tiger?
Compared with the overall optimism, ordinary investors pay more attention to how to allocate A-share assets in the year of the tiger.
Catherine Yeung pointed out that enterprises related to consumer demand continue to be optimistic. In addition to consumer stocks benefiting from this trend, they also include medical care and technology industries related to the theme of domestic demand.
Chen Guo suggested to grasp two main lines of counterattack: first, wide currency and credit will continue to increase, and the stable growth market will continue to deduce; Second, at present, the high prosperity of some high-quality growth stocks is still supported by fundamentals, and the valuation contraction is expected to come to an end. The market began to reflect the expectations of the first quarterly report, and ushered in a counterattack after further verification of fundamentals.
Guosheng securities suggested in the report that we can pay attention to the “digital economy” sector that is constantly stronger, better and bigger, and withdraw from the larger household appliance sector. Under the goal of “double carbon”, the development of China’s hydrogen energy industry is entering a fast lane. In the early stage of hydrogen energy, more funds have poured in, and the theme has imagination space, so it can continue to follow.
Citic Securities Company Limited(600030) it is suggested to stick to the main line of “stable growth” and continue to layout high-quality blue chips around “two low levels”: first, varieties whose fundamentals are still expected to be low, and focus on midstream manufacturing suppressed by cost problems in the early stage, such as vehicle, lithium battery cell, photovoltaic equipment, etc., as well as tax-free and entertainment content consumption sectors whose fundamentals are expected to be low. Second, for the varieties whose valuation is still relatively low, it is suggested to pay attention to the high-quality developers, building materials and home furnishing enterprises after the expected mitigation of real estate credit risk, the Internet leaders of Hong Kong stocks, and the fine chemical enterprises with the ability to develop new businesses such as new materials.
