On February 21, A-Shares showed a shock pattern as a whole, with large and small votes divided all day, Contemporary Amperex Technology Co.Limited(300750) and China stock market news both fell by more than 3%, suppressing the gem index. The theme stocks blossomed across the board, and the concept stocks led by the calculation of the East and the West collectively raised the daily limit, which was close to the daily limit of 120 shares, and more than 3400 shares in the two cities rose, with an excellent market profit-making effect. Industry analysts believe that the A-share market may continue to fluctuate in the short term, but structural opportunities still exist. The continuation of the “steady growth” policy may be gradually realized in different industries. It is suggested to continue to pay attention to the marginal changes of data and policies.
the concept of counting East and West rose sharply than expected
On February 21, the three major A-share indexes rose or fell. The Shanghai Composite Index fell 0.15 points to 3490.61 points, the Shenzhen Composite Index rose 0.09% to 13471.16 points, and the gem index fell 0.79% to 2804.6 points. The turnover of the two cities exceeded 900 billion yuan, and the actual net sales of northbound funds exceeded 3.5 billion yuan. Among them, the Shanghai Stock connect sold a net 2.921 billion yuan and the Shenzhen Stock connect sold a net 601 million yuan. This is also the first time that the performance of Shanghai Stock connect is weaker than that of Shenzhen Stock connect after the Spring Festival in the year of the tiger.
Although the market is in a shock pattern, individual stocks in the sector are wonderful. Last weekend, the concept of “counting East and counting West” was popularized and fermented by major financial media. On February 21, it rose more than expected, and the sector index rose more than 9%. More than 20 shares, such as Capitalonline Date Service Co.Ltd(300846) , Insigma Technology Co.Ltd(600797) , Jiangsu Shagang Co.Ltd(002075) , Mcc Meili Cloud Computing Industry Investment Co.Ltd(000815) , Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912) , rose by the limit; The concepts of big data, data center and edge computing were boosted, and more than 10 stocks such as Nova Technology Corporation Limited(300921) , Beijing Transtrue Technology Inc(002771) , Sichuan Xun You Network Technology Co.Ltd(300467) , Ronglian Group Ltd(002642) , Hangzhou Cncr-It Co.Ltd(300250) , Beijing Vastdata Technology Co.Ltd(603138) rose.
Affected by the news that the four major banks in Guangzhou lowered the mortgage interest rate in Guangzhou at the same time, the real estate sector suddenly broke out at the end of February 21, Guangzhou Pearl River Industrial Development Co.Ltd(600684) , Tahoe Group Co.Ltd(000732) limit; Cosmos Group Co.Ltd(002133) , Grandjoy Holdings Group Co.Ltd(000031) , Langold Real Estate Co.Ltd(002305) , Cinda Real Estate Co.Ltd(600657) etc. followed the rise; The engineering construction sector was active, Chengbang Eco-Environment Co.Ltd(603316) , Zhejiang Construction Investment Group Co.Ltd(002761) , China Haisum Engineering Co.Ltd(002116) , Gansu Engineering Consulting Group Co.Ltd(000779) , Arcplus Group Plc(600629) , Chongqing Construction Engineering Group Co.Ltd(600939) , Shaanxi Construction Engineering Group Corporation Limited(600248) , Beijing Hanjian Heshan Pipeline Co.Ltd(603616) , Yuancheng Environment Co.Ltd(603388) and so on.
“Recently, some local governments have successively issued real estate policies to protect the mood of the real estate market. The focus of measures such as increasing the loan amount, reducing the down payment ratio and reducing the loan interest rate is on the demand side.” Ma Wenyu, a strategic analyst, believes that the real estate market may have passed the policy bottom and emotional bottom one after another. Under the background of steady growth, the constraints on curbing the rapid rise of house prices will not be relaxed. Due to urban blunders, flexibility and moderation, or the core idea of overall regulation, the profitability of local private real estate enterprises is expected to accelerate the repair.
it is suggested to lay out the “steady growth” industrial chain
“From the market hot spots on Monday, it is more active, especially in the direction of counting from the east to the West. It is very strong, but the continuous strength of the deviation of the index volume and price from the lower hot spots needs attention, which in turn continues to affect the rebound strength of the index.” Yue Zhifang, an investment consultant of Yuanda, believes that at present, the rebound of this wave of Shanghai index is significantly weaker than that of the previous wave, indicating that the capital carrying capacity is not enough. Therefore, in terms of operation, we are advised to continue to control positions. The bottom of the market is often an area, and the repair of emotions takes time. Now it is mainly the game of on-site funds.
Yue Zhifang reminded investors: “The current market also needs to be vigilant against the risk that the index rebound is unable to go down again, but the positive factor is that the pattern at the bottom of the stage is obvious. Even if it goes down, the range is limited. Therefore, what we can do now is to patiently wait for the position increase signal after the bottom stabilizes. It is suggested to continue to control positions and grasp structural opportunities. On the follow-up main line, we can continue to grasp the direction of steady growth, such as Old infrastructure and new infrastructure. Among them, as the subdivision direction of the new infrastructure, the East count and the West count have a strong performance at present, but specifically, there are obvious characteristics of theme speculation. This state is not suitable for chasing the rise. We should still pay attention to the operation rhythm, distinguish the fundamental quality of individual stocks, and tap high-quality individual stocks. “
Ma Wenyu also suggested the layout of the “steady growth” industrial chain. It believes that the continuation of the “steady growth” policy may be gradually realized in different industries, and it is suggested to continue to pay attention to the marginal changes of data and policies. At the same time, the strategic policies of digital economy are gradually implemented. Under the development trend of global digital economy, it is suggested to focus on the opportunities of subdivision directions such as new digital infrastructure, big data and digital skill improvement. On the whole, the A-share market may continue to fluctuate in the short term, but it is suggested to adjust the allocation combination in combination with the macro policy trend, industrial logic, defense ability and the valuation level of different style sectors to grasp structural opportunities.
