Looking back on Thursday’s A-share market, Shanghai and Shenzhen stock markets showed a shock rebound pattern as a whole. The three major A-share indexes opened slightly lower in the morning, then rose rapidly and continued to rise. They showed a trend of shock and rise throughout the day. Finally, the whole line closed positive, and the market also ushered in the outbreak of the whole line.
As mentioned in Everbright Securities Company Limited(601788) , the index went out of the positive line on Thursday, and the news of opening real estate stocks stimulated the collective strength, indicating that the recent money loss effect is being released in a slow bottoming situation. At present, there is no absolute main line in the market, and meta universe, science and technology, sub new and military stocks are all stronger in differences. Therefore, the intraday rebound has not yet resonated with the disk, there may be another bottom in the future. In terms of operation, it still maintains low suction and rotation rhythm .
Sealand Securities Co.Ltd(000750) also mentioned that on Thursday, the long-term weak real estate and financial sectors ushered in an outbreak, and the overall performance of traditional industries with undervalued values was strong. The real estate sector was greatly affected by the news, and the sustainability needs to be observed. However, the undervalued sector shows signs of being concerned by market funds, and the market is expected to usher in a phased style switching in the near future.
From a technical point of view, Dongguan Securities believes that the stock index fluctuated higher on Thursday and returned to 3500 points. The market profit-making effect is excellent. The trading and investment of the two cities remained active, and the northward capital showed a net inflow trend. it is expected that the short-term market is expected to fluctuate and stabilize, and pay attention to the change of plate rotation rhythm and the sustainability of volume energy . In terms of operation, it is recommended to pay attention to finance, food and beverage, household appliances, electrical equipment, TMT and other industries.
As far as the future is concerned, Orient Securities Company Limited(600958) said that in addition to the oversold rebound factor, the boost of various positive signals is also an important factor. Recently, the Bank Of China Limited(601988) Association of market dealers held a symposium on behalf of real estate enterprises. The participating enterprises said that they plan to register and issue debt financing instruments in the inter-bank market in the near future. The above signals are regarded as a new move to loosen the financing environment of real estate enterprises in the industry. The sharp rise of real estate stocks will drive the performance of individual stocks in a series of related industries, as evidenced by the strength of Finance and building materials. it is expected that the rise of these large cap stocks will drive the market into a short-term rebound cycle, and investors should grasp the investment opportunities at the end of the year.
Shenwan Hongyuan Group Co.Ltd(000166) pointed out that the structure is still in a good pattern. The superposition strategy gives a new round of “trend bullish signal”, focusing on the long opportunities of small and medium-sized board and gem. Therefore, although the index has not completely reversed its weakness, it still gives the expectation of shock stabilization and gradual upward trend to the medium and short-term market . At the operational level, it is suggested to focus on holding shares to be increased and actively look for long opportunities. Today, the industries proposed to be concerned are still national defense, military industry and electronics (semiconductors).
Guosheng Securities believes that the current shock trend of the high-level box of the index remains unchanged, in the short term, the rebound kinetic energy of the index is still there, and the trading volume has not been effectively enlarged, but the rebound height is limited. The sustainability of the index rebound needs to pay close attention to the change of volume energy . The market is still a plate rapid rotation pattern, with poor overall sustainability. It is not suitable to blindly follow the trend and catch up with hot spots in operation.
In terms of operation strategy, Guosheng securities mentioned that it can pay attention to the boarding opportunities after the callback of photovoltaic, wind power and new energy sectors actively supported by policies. In addition, after a long period of adjustment, the pharmaceutical sector has a large adjustment range, and the recent stage bottom can be paid attention to, as well as the aftermarket opportunities of technology stocks, chips, Huawei concepts and other sectors.
Northeast Securities Co.Ltd(000686) pointed out that focused on three clues in the short term and arranged the cross year market in the medium term . The short-term focus of the market in the near future mainly includes three clues: the boom diffusion of new energy industry, the relaxation of real estate financing, the price increase of food, the expected improvement of Huawei Euler and yuancosmos, and the high growth sectors such as medicine and semiconductor. Short term funds can find suitable sectors. Among them, the booming new energy industry pays attention to the part with still low trading sentiment. The turnover rate has certain advantages over the energy storage (2.92 times), fuel cell (2.90 times) and lithium battery (1.70 times). It is expected to pay more attention to the logic of individual stocks in the direction of improvement. For example, the price increase of food has not yet formed a plate profit reversal, while the high growth sector pays attention to the valuation and cost performance, and subdivides the semiconductor Medical services, medical devices, optics and Optoelectronics are the best.
As the mid-term cross-year market is approaching, the agency further analyzed that historically, the varieties of cross-year market are mostly the directions with relatively excellent performance in the past year , such as financial consumption blue chip in 2017-2018, pig cycle industrial chain in 2018-2019, new energy electronics in 2019-2020 and core assets in 2020-2021. This year, the main line of carbon neutralization is the best, However, the cycle boom trend is confirmed to be downward, so the cross year market rate is probably in the technology manufacturing dominated by new energy.
In addition, Soochow Securities Co.Ltd(601555) said that under the expectation of wide credit, there is still a rebound demand in the industrial chains such as real estate and infrastructure with very low early valuation pressure, but the focus may be in the direction of new infrastructure, such as data center, artificial intelligence and industrial Internet. In addition, troubled industries such as airport, catering tourism and film and television cinemas affected by the epidemic have medium and long-term investment value and chase up cautiously.
