Outlook:
The index fluctuated on Thursday, with the Shanghai index rising for four consecutive days. The three major indexes opened slightly higher, and then the trend differentiated. In the morning, the Shanghai index fluctuated repeatedly, and the Shenzhen index and the gem index fluctuated downward. In the afternoon, the V-shaped reversal of the Shanghai index narrowed the decline of the Shenzhen index and the gem index. Finally, the Shanghai index closed up, the Shenzhen index and the gem index closed down, and the gem index fell nearly 2%. Individual stock sectors rose and fell, with agriculture, forestry, animal husbandry and fishery, coal, commerce and retail, architectural decoration, media and other sectors leading the rise, while power equipment, household appliances, beauty care, communication, automobile and other sectors leading the decline. In terms of market environment, the national development and Reform Commission and the National Energy Administration issued the opinions on improving the institutional mechanisms and policies and measures for green and low-carbon energy transformation, which made it clear that by 2030, non fossil energy will form an energy production and consumption pattern that basically meets the increment of energy demand and replaces the stock of fossil energy on a large scale, so as to promote green electricity consumption. In addition, after the Spring Festival, the price of pig futures has increased, and the current downward trend is relatively clear, stimulating the rise of pig sector. From a technical point of view, the trend of the Shanghai index is tenacious, while the trend of the gem index is weak. The market style is biased towards blue chips, undervalued stocks are stronger, while growth stocks continue to adjust. The net capital inflow to the North expanded, and the pattern of strong Shanghai and weak Shenzhen was continuously presented. Considering the sustained force of the steady growth policy, the market is expected to stabilize and rebound, and pay attention to the gains and losses of the annual line and the rotation of the sector. In terms of operation, it is suggested to pay attention to finance, agriculture, forestry, animal husbandry and fishery, household appliances, building materials, building decoration and other industries.
