The three major indexes of A shares rose in late trading. The Shanghai index rose slightly by 0.5% to 3446.09 points, the Shenzhen Component Index rose 1.69% to 13345.63 points, and the gem index rose 3.09% to 2816.44 points.
Netizens are in a good mood after “Valentine’s Day”.
On February 15, the new energy, medicine, semiconductor, military industry and other sectors that continued to return during the year rebounded. The science and innovation 50 index rose nearly 3%, and the gem index rose more than 3%. However, the number of gains and losses of individual stocks in Shanghai and Shenzhen was close. Market sentiment tends to be cautious, and the daily turnover of the two markets exceeds 800 billion yuan.
Analysts told our reporter that the sharp rebound in the pharmaceutical and new energy sectors today is related to the recent market depth adjustment factors. For the time being, it is a technical rebound, which does not necessarily mean that the trend is reversed. We also need to observe the height of the future rebound.
gem refers to technical rebound
Lantern Festival, A-share “allowed” do you have a good mood for the festival? The three major A-share indexes rose in late trading. The Shanghai index rose slightly by 0.5% to 3446.09 points, the Shenzhen Component Index rose 1.69% to 13345.63 points, and the gem index rose 3.09% to 2816.44 points.
In particular, it is worth mentioning that yesterday’s gem index was low, but fortunately, the decline narrowed in the end, leaving a good hope for today’s rebound. Sure enough, today’s gem index opened higher and went higher, with an increase of more than 3% in the late trading. Behind the rebound in the index is the support of the recovery of new energy, medicine and semiconductor tracks that fell sharply during the year.
In terms of 31 shenwanyi industries, the sector rose and fell. The oversold sector rebounded today, while the make-up sector fell ahead today. Specifically, the power equipment, beauty care, medicine, biology and electronics sectors increased by more than 3% (inclusive), and electronics, national defense and military industry, automobile and communication also performed well. In the one and a half months since 2022, these sectors have continued to callback, and the sectors of national defense and military industry, power equipment, electronics, medicine and biomedicine have decreased by more than 10%.
Today, coal, banking, petroleum and petrochemical and real estate sectors fell by more than 1%. During the year, coal, banking and other cyclical sectors showed a make-up market, but the maximum cumulative increase was no more than 6%. In terms of the rise of the sector during the year, the whole A-share showed a downturn and callback trend, and the gem fell significantly.
In terms of concept stocks, the cro concept rose by 9%, the market value of 270 billion Wuxi Apptec Co.Ltd(603259) that fell sharply during the year, and Asymchem Laboratories (Tianjin) Co.Ltd(002821) rarely ushered in the daily limit today; Nanjing portfolio rose by more than 5%, Contemporary Amperex Technology Co.Limited(300750) , Byd Company Limited(002594) , Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) and so on; Auto chip and SMIC concept increased by more than 3%, and Will Semiconductor Co.Ltd.Shanghai(603501) , Gigadevice Semiconductor (Beijing) Inc(603986) , Advanced Micro-Fabrication Equipment Inc.China(688012) rose gratifying; 51 third-generation semiconductor concept stocks rose collectively, Naura Technology Group Co.Ltd(002371) , Sanan Optoelectronics Co.Ltd(600703) , Hangzhou Silan Microelectronics Co.Ltd(600460) rose well.
How to understand today’s rebound? Guo Shiliang, an independent financial commentator, analyzed to the reporter of international finance, “the sharp rebound in the pharmaceutical and new energy sectors is related to the recent market depth adjustment factors. Now it is a technical rebound for the time being.”
does not necessarily mean that the trend is reversed
The index performed well, but more than 2000 stocks closed down and rose, and the turnover of the two cities was only more than 800 billion yuan. The market sentiment is still not optimistic.
Yesterday, brokerage stocks represented by China stock market news staged a “squat” market, which also made the market sentiment really cold. In this regard, Guo Shiliang told the reporter of the international finance news that the previous statement that the sharp decline of China stock market news indicates that the GEM market is close to the bottom now seems that when the market investment sentiment reaches extreme panic, it is often the emergence of investment opportunities. “However, for the GEM market, a positive line does not necessarily mean a reversal of the trend. First look at the height of the rebound, whether it can rise above the bull bear boundary of the semi annual line or the annual line, and then look at the reversal of the trend of the GEM market.”.
Since 2022, the new year’s day and the Spring Festival have passed, and the “spring market” expected by investors has failed, and the market sentiment has cooled down. Although the overall market is poor, the performance of Shanghai and Shenzhen markets is different. Under the supplementary rise of traditional cyclical sectors such as finance, real estate and coal, the drag on the Shanghai index was less obvious, with a decline of more than 5% during the year. Under the big correction of hot tracks such as science and technology and double carbon, the gem index is “hard to stop”. In the 26 trading days from January 4 to February 15, 2022, the positive line is less than the negative line, which is like “rainy days are more than sunny days”, with a cumulative decline of more than 15% during the period.
Half of February has passed, and the sharp decline of A-Shares is painful. When to stop the decline still needs to be observed. What is worth looking forward to is the “two sessions market”. Galaxy Securities said that it was optimistic about the rising market before the two sessions. According to historical data statistics, the market rate rose one month before the two sessions. Before the two sessions in March, we are still optimistic about the industries and individual stocks with large early correction range, high prospect and expectation of new trends of the two sessions. The resulting market will focus on specialization and innovation, double carbon, meta universe and consumption.
