Today, the small and medium-sized votes in the market continued to rise (up 3500 stocks), superimposed with the recovery and rebound of heavyweights, driving the overall rise of the market index.
In the direction, stimulated by positive conditions, digital currencies rose sharply today, exceeding expectations, Hengbao Co.Ltd(002104) , Beijing Cuiwei Tower Co.Ltd(603123) , Shenzhen Emperor Technology Company Limited(300546) , Jc Finance & Tax Interconnect Holdings Ltd(002530) , Hyunion Holding Co.Ltd(002537) and so on.
On the news, the central bank, the State Administration of market supervision, the China Banking and Insurance Regulatory Commission and the China Securities Regulatory Commission issued a notice on printing and distributing the “14th five year plan” for the development of financial standardization. The document proposed to accelerate the digital transformation, steadily promote the construction of financial science and technology standards, and steadily promote the development of legal digital currency standards. These policies will drive the implementation of digital currency, Favorable for the sustainable development of the industry.
From the market performance after the festival, the core direction of the market is around the policy expectations of the two sessions in the first quarter. From the infrastructure sector in the past two days to today’s digital currency, the policy has become the core factor of funds at this stage.
Therefore, the next two sessions will be a major event that can not be ignored:
Finally, let’s talk about infrastructure. The logic of the sector is “steady growth”. Recently, the policy has constantly emphasized the appropriate advance of infrastructure construction, and said that the time of policy force should also be advanced. Near the two sessions, the main tone of this year will still be steady growth, and the important focus of steady growth is infrastructure investment.
Recently, the national development and Reform Commission once again stressed the need to “appropriately move the policy driving point forward, moderately advance infrastructure investment, and strive to form more physical work in the first quarter”. From this series of policies and speeches, “steady growth” is one of the themes that cannot be bypassed by the two sessions this year.
In the infrastructure investment policy, both new and old funds have mentioned that the policy emphasizes more on prefabricated buildings (affordable housing), energy pipe network, smart grid and green power of new infrastructure. From historical experience, A-Shares have obvious characteristics of policy market. Under the background of continuous policy development, the direction of relevant sectors will continue to be the focus of funds.
