today, A-Shares opened higher, fluctuated in the session, and rose slightly in the late session. Finally, the Shanghai index rose 0.77% to 348883 points, and the gem index rose 0.16% to 288579 points
sector stocks rose more and fell less. A total of 3165 stocks rose in Shanghai and Shenzhen, with 70 stocks trading at the limit; 1347 stocks fell and 7 stocks fell by the limit
As the weather turned warmer, A-Shares also showed a slight warming, and achieved a "good start" on the first trading day in March.
In Baijiu and other consumer heavyweight stocks, today's A shares bottom rebound, sector showing wheel phenomenon, market confidence has improved. However, considering the uncertain factors such as the conflict between Russia and Ukraine, the Fed's interest rate hike, and the major influencing factors such as the "two sessions" and "performance disclosure" in March, should investors boldly copy the bottom or be conservative and stable?
Respondents believe that consumption and other heavyweights have significantly boosted a shares, but from the perspective of "capacity" of less than trillion yuan, the market profit-making effect still needs to recover. The sector rotation phenomenon is because the current A-share investment environment is difficult to breed a clear main line. It is suggested that investors should focus on stability in operation. It is estimated that the vicinity of 3500 is the central position of the current A-share market. The changes in the situation in Russia and Ukraine are more short-term disturbance factors for a shares. In the medium and long term, the trend of A-share market is still determined by China's economy, policy and capital.
A-Shares made a good start in March
After experiencing the shock caused by the escalation of the conflict between Russia and Ukraine last week, a share capital rebounded from the bottom of the week, but the daily turnover did not exceed trillion yuan.
A shares opened higher today, with intraday shocks and a slight rise in the late trading. Finally, the Shanghai index rose 0.77% to 348883 points, and the gem index rose 0.16% to 288579 points. Individual stocks in the sector rose more and fell less. A total of 3165 stocks in Shanghai and Shenzhen rose and 70 stocks were subject to trading limits; 1347 stocks fell and 7 stocks fell by the limit.
The industry sector rotated again. With the favorable Rural Revitalization policy, the agriculture, forestry, animal husbandry and fishery sector rose 3.69% today, 85 stocks closed up "happily" and 7 stocks rose by the limit; The food and beverage sector rose 2.42%, and 99 stocks closed higher; The cyclical sectors were divided, with the coal sector rising by 2.6%, the non-ferrous metal sector falling by nearly 2%, and the petrochemical and steel sectors floating green; Defense, military industry and communication sectors also performed well, with an increase of about 2%.
In terms of concept sector, the concept of chicken, pork and scheduled dishes rose sharply New Hope Liuhe Co.Ltd(000876) , Fujian Tianma Science And Technology Group Co.Ltd(603668) , Leshan Giantstar Farming&Husbandry Corporation Limited(603477) , Shenzhen Kingsino Technology Co.Ltd(002548) , Hunan New Wellful Co.Ltd(600975) , OnOn biology and other stocks rose by the limit.
The concept of Baijiu and rural construction increased by more than 2%, and Shanghai's "one brother" Kweichow Moutai Co.Ltd(600519) rose 3.8% to 185848 yuan / share, while Wuliangye Yibin Co.Ltd(000858) and Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) rose nearly 2%. In February 22nd, the No. 1 central document was issued, and it put forward the key work of comprehensively promoting rural revitalization, including the grain production and the important Shenzhen Agricultural Products Group Co.Ltd(000061) supply. Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd(300967) , Muyuan Foods Co.Ltd(002714) , Wens Foodstuff Group Co.Ltd(300498) and other rural revitalization stocks were excited by the favorable policies.
However, the recovery of power battery, the concept of helium and the concept of lithium extraction from Salt Lake decreased by more than 2% Ganfeng Lithium Co.Ltd(002460) fell 3.57% to 146 yuan / share, and individual stocks such as Zhejiang Huayou Cobalt Co.Ltd(603799) , Tianqi Lithium Corporation(002466) etc. fell more than 4%.
In the past three days, the funds going north also obviously started the action of "buying", with a cumulative net inflow of more than 10 billion yuan, mainly "generous" purchases of Kweichow Moutai Co.Ltd(600519) , Longi Green Energy Technology Co.Ltd(601012) .
"stability seeking" as the keyword
How to understand the relatively stable trend of A-Shares in the past three days and whether they can copy the bottom? Under the current sector rotation, how to layout and configure and grasp the "two sessions market"?
Independent financial commentator Guo Shiliang told the international finance Daily reporter that Baijiu and other consumer heavyweight stocks rebounded. Before the irrational selling pressure of the market, there were signs of temporary ease, and consumer shares had a greater impact on the market weight. Therefore, the rise of consumer stocks is conducive to improving market sentiment and investment confidence. From the perspective of "capacity", the current A-share trading volume is still less than trillion, and the market profit-making effect remains to be recovered. The market is mainly for stability before and after the "two sessions", and it is estimated that near 3500 is the central position of the current A-share market.
Li Nan, an investment researcher of Jinzhang investment under GESHANG, told the reporter of the international finance news that the current A-share investment environment is difficult to breed a clear main line, which is also the fundamental reason for the continuous emergence of the so-called "rotating market". From the macro environment, first, the liquidity is tightened, the Fed's interest rate hike is gradually approaching, and the release of China's credit is not ideal, so investment belongs to "sailing against the wind"; Second, the uncertainty of the conflict between Russia and Ukraine is still large, and the risk aversion is relatively strong in the early stage. In the later stage, it may even be reflected in the rising energy prices, which has been alerted by the capital market. Therefore, under the double contradiction of rising inflation and tightening liquidity, the choice of investment target is not easy.
\u3000\u3000 "The sector rotation market is not easy to grasp, so actions such as' low bottom reading 'may not be cost-effective. However, if you lengthen the timeline, you will find that A-Shares have actually run out of several bright industries, which are closely related to the steady growth policy. At the same time, the rise in the price of resource products has also driven the market of some upstream industries, which can be seen at present Pay more attention. " Li Nan suggested investors.
pay attention to these points in 3
On the reasons for the shock and decline of A-Shares last week, Hao Xinming, manager of Fangxin wealth investment fund, analyzed to our reporter that the Russian Ukrainian conflict will have an adverse impact on A-Shares in the short term, which is more reflected in emotion. With the easing of the conflict, the market will digest the negative events. The factor that really affects the trend of the A-share market is its own economic cycle. Under the combined influence of the weakening of the economic cycle, the tightening of global monetary policy, the epidemic situation, geopolitics and other adverse factors, investors should focus on stability in operation, control their positions, and enter the market on the right after the bottom is formed.
"The changes in the situation in Russia and Ukraine are more short-term disturbance factors for a shares. In the medium and long term, the trend of A-share market is still determined by China's economy, policy and capital." Yang Delong, chief economist of Qianhai open source fund, also told our reporter that A-Shares are expected to usher in a better rebound opportunity in March. Investors paid attention to the main line of steady growth in March, especially the upcoming national two sessions. The topics of the two sessions are often the hot spots and priorities of the market in March. In addition, A-Shares will also usher in the disclosure period of annual reports and quarterly reports of listed companies, focusing on companies whose performance growth rate is higher than expected. The Fed may consider raising interest rates at its interest rate meeting in March, but it only affects the short-term performance of A-Shares and Hong Kong shares, and has little impact on the medium and long-term performance.
On March 1, the National Bureau of statistics released the manufacturing purchasing manager index, non manufacturing business activity index and comprehensive PMI output index in February 2022. Among them, the Manufacturing Purchasing Manager Index (PMI) was 50.2%, an increase of 0.1 percentage points over the previous month; The non manufacturing business activity index was 51.6%, up 0.5 percentage points from the previous month; The comprehensive PMI output index was 51.2%, up 0.2 percentage points from the previous month.
Zhang Aoping, President of incremental Research Institute, analyzed to our reporter that PMI, as a leading indicator of the economy, shows that China's economy has continued the recovery trend of "seeking progress while maintaining stability" in the face of multiple tests such as the current complex international situation, severe economic environment and epidemic spread. The economy has remained in the expansion range (higher than the 50% boom and bust line), and the prosperity level has increased steadily, However, the recovery momentum is still insufficient, the problem of key "pain points" has not been alleviated, and policies still need to be continued.
\u3000\u3000
