Outlook:
On Monday, the stock index contracted and fell, with a net outflow of funds to the north. In the morning, the three major indexes collectively opened lower, the Shanghai index fluctuated lower, the gem index and Shenzhen Composite Index surged higher and fell, and the three major indexes continued to fluctuate and weaken in the afternoon. However, near the end of the day, the index rose slightly and the decline narrowed. Individual stocks fell more or rose less, with food and beverage, comprehensive, textile and garment, national defense and military industry and power equipment among the top gainers; Non bank finance, construction materials, real estate, banking, agriculture, forestry, animal husbandry and fishery and other sectors led the decline. In terms of market environment, the fourth quarter monetary policy implementation report of the central bank shows that it will increase cross cycle adjustment, and the macro leverage ratio will decline steadily, providing room for subsequent policy implementation. From a technical point of view, the decline in the stock index, the decline in securities, banks and other financial sectors dragged down the index, and there was a slight net outflow of funds from the north. However, China's monetary policy is still expected to be further relaxed in the first quarter, and the liquidity release may continue to increase. With the gradual stabilization of market confidence, the market is expected to stabilize. Pay attention to the release of volume and energy and the rotation of sectors, In terms of operation, it is recommended to pay attention to finance, food and beverage, building materials, building decoration, steel and other industries.
