On the first trading day of the year of the tiger, the A-share market continuously adjusted its situation before the Spring Festival. More than 3500 stocks in Shanghai and Shenzhen stock markets rose, while individual stocks in the Beijing stock exchange rose more or fell less, achieving a “good start”.
Looking forward to the performance of the A-share market in the new year, experts believe that this year’s A-share market will be a great year for value investment, and some high-quality leading stocks are expected to usher in a restorative rise; Track stocks will not remain unchanged, there will be some new changes.
The Shanghai index rose more than 2%
Yesterday, the major indexes of Shanghai and Shenzhen stock markets rose, of which the Shanghai stock index rose 68.14 points, or 2.03%, back above 3400 points, the Shenzhen Component Index and the Shanghai and Shenzhen 300 index rose to varying degrees, the gem index rose and fell, and closed up slightly.
On the same day, the market showed a general upward trend. More than 3500 stocks rose in Shanghai and Shenzhen, accounting for nearly 3 / 4 of the rising stocks, and the number of trading stocks was as high as 111.
On the eve of the “good start” of A-Shares this time, the global stock market strengthened collectively during the closing of A-Shares during the Spring Festival.
Yang Delong, chief economist of Qianhai open source fund, believes that the sharp rise in the peripheral market during the Spring Festival holiday provides an opportunity for the “good start” of the A-share market. In addition, the stock market fell in January, and the negative factors that suppressed the market have been digested to a certain extent.
While the market rose sharply, northbound funds also re purchased goods, with a net purchase of 5.6 billion yuan throughout the day.
Yesterday, the total turnover of the two cities was 823.1 billion yuan, only a small increase compared with the last trading day before the Spring Festival, indicating that some funds still hold a wait-and-see attitude.
value and growth have their own supporters
Yesterday, although most sectors rose, the index was more affected by the rise of oil, coal, steel, banking and other sectors, and the performance of early popular sectors such as computer and wine making was weak.
There was also differentiation in individual stocks, Petrochina Company Limited(601857) soared by 9.16%, the largest one-day closing increase in more than six years. On the other hand, the new energy track leading stock Contemporary Amperex Technology Co.Limited(300750) with a market value of more than trillion yuan surged up and fell back, bucking the trend and falling by 2.22%.
Experts and institutions have different views on the aftermarket opportunities of a shares, but they are generally optimistic.
Yang Delong believes that this year’s A-share market will be a big year for value investment, and some high-quality leading stocks are expected to usher in a restorative rise.
He believes that from the whole year of this year, economic transformation has been the focus of investment, and large consumption, new energy and Internet technology are the three major beneficiary directions of economic transformation. He believes that although the growth rate of consumption has decreased due to the impact of the epidemic, consumer goods with brand effect are expected to grow against the trend in consumption upgrading, and there is no doubt about the long-term investment value of brand consumer goods.
According to the strategic view released by Northeast Securities Co.Ltd(000686) , in terms of style characteristics, the growth style after the festival will still be superior to the value. In terms of industry allocation, it is suggested to pay attention to new energy and semiconductors with better than expected performance, new infrastructure and mass consumption supported by policies, expected improved media and computers, as well as technology and finance sectors.
GUI Haoming, a senior market person, pointed out in an interview with the reporter of the securities times that yesterday’s sharp rise is temporarily viewed as a rebound. The sharp rise not only has the factors of switching between high and low market values, but also has the impact of news promotion. Whether the rebound can continue needs to be observed. GUI Haoming believes that the previous major indexes have achieved three consecutive years. In the new year, the market may fluctuate among communities, and the market opportunities may be structural. If the market opportunities last year were concentrated on track stocks, there will be some new changes in the track this year, which will not remain unchanged.
