On February 24, the Shanghai Stock Index fluctuated weakly in the morning and fell sharply in the afternoon, with an intraday drop of more than 2%; Shenzhen Composite Index and gem index both fell sharply in the afternoon, once down nearly 3%; The decline of the three major stock indexes narrowed at the end of the day; The turnover of the two cities was significantly enlarged, with a daily turnover of more than 1.3 trillion, a five-month high; The net sales of northbound funds exceeded 3 billion yuan. As of the close, the Shanghai index fell 1.7% to 3429.96 points, the Shenzhen composite index fell 2.2% to 13252.24 points, and the gem index fell 2.11% to 2783.9 points; The total turnover of the two cities was 1362.7 billion yuan.
In this regard, Yuanda believes that the external impact is only a short-term emotional impact. It is expected that after the shock, the index will return to rationality and operate at its own pace. I suggest you pay more attention to the fundamentals of China's economy. At present, China is broad in currency and credit. In the future, there will be a gradual recovery in profits, and the valuation of China's major indexes is relatively low compared with the world. Therefore, the disturbance of short-term events will not change the overall trend. From the perspective of technical trend, both the 50 index and the 300 index have reached a new low, and there is a deviation from the bottom. In the short term, there may be rebound demand. It is suggested to patiently wait for the turning signal in the later stage on the basis of controlling the position. Do not blindly bearish, remain cautious and optimistic, patiently wait for the trend to turn and then increase the position. In terms of specific strategies, it is recommended to continue to control positions, make balanced allocation, and pay attention to the undervalued direction of steady growth and the oversold growth direction at the same time. The rhythm is mainly low absorption, and we should avoid chasing high.
Bairuiying pointed out that technically, the Shanghai index stepped back at the lowest 3400 points. Although it rebounded after touching the support, if the situation continues to deteriorate, the index still has the possibility of inertia downward exploration and further stepping back. Considering today's heavy volume decline, try to maintain a cautious attitude in the short term, and first observe the willingness of market sentiment to repair. In terms of strategy, if the situation is stable next, today's sharp decline due to war is the most panic time. If the biggest bad news has been digested, it will focus on repair. However, if there are contradictions in the back, then this is not the lowest place. Even if it has a great relationship with China, the style of A-Shares should follow the trend. In terms of operation, it is mainly wait-and-see for the time being, and there are good opportunities for low absorption in the later stage.
Central China Securities Co.Ltd(601375) believes that on Thursday, the A-share market opened low, went low and fluctuated downward. Affected by the sudden breaking of the situation in Russia and Ukraine, the global stock market fell sharply, the Asia Pacific market fell generally, and the Shanghai index fell rapidly in the afternoon. Except for the counter trend rise of a few risk aversion industries such as oil, precious metals and aerospace military industry, all other industries in the two cities fell, The Shanghai index showed a unilateral downward operation throughout the day. It is worth noting that on Thursday, the trading volume of the two cities exceeded 1.36 trillion yuan, the signs of OTC capital absorption were more significant, and the Shanghai index gained strong support near 3400 points. At present, the external situation is still complicated and confusing. Before the influencing factors are further clarified, investors are advised to see more and move less. It is expected that the short-term inertia of the Shanghai index is more likely to go down, and the short-term shock consolidation of the gem is more likely. Investors are advised to wait and see for a while in the short term and continue to pay attention to the investment opportunities of undervalued blue chips in the middle line.
