Key investment points
Market volatility rose. The Shanghai Composite Index closed at 3607.43 points, a weekly increase of 1.22%, with a turnover of 241.357 billion yuan; The Shenzhen Component Index was 14892.05 points, with a weekly increase of 0.78% and a turnover of 3421.195 billion yuan; The SSE 50 index was 3221.42 points, up 1.07% on a weekly basis, with a turnover of 372.122 billion yuan; The CSI 300 index reached 4901.02 points, a weekly increase of 0.84%, with a turnover of 1399.337 billion yuan; The CSI 1000 index reached 8023.96 points, with a weekly increase of 1.05% and a turnover of 1426.413 billion yuan; The gem composite index was 3776.37 points, with a weekly increase of 0.23% and a turnover of 1475.408 billion yuan. The market shock rose this week, with the joint efforts of CSI 1000 and SSE 50, and the market was stable and good. The transaction amount remained above trillion, the sentiment of participants remained relatively high, and the average value of fund positions decreased. Overall, under the impact of the epidemic and overseas markets, the Chinese market has shown good resilience. The market is stable and good, which is in line with our expectations. The uncertain factors faced by the market in the short term mainly lie in the recurrence of the epidemic and the decline of economic growth, but the management has released the signal of timely RRR reduction. The future market is still optimistic. Of course, we also said in the early stage that the upward speed of the market will not be too fast. It is expected to fluctuate upward, but there are still many trading opportunities. We continue to maintain a moderately optimistic strategy and grasp the current trading opportunities. The strategic layout is still a good time window.
Transactions remain active. The market index fluctuated and rose, and the theme investment was active. From the perspective of individual stock growth, individual stocks in the automobile industry chain increased better. The larger decline is the large increase stocks and risk stocks in the early stage. From the concept index, the overall increase of rare earth permanent magnet, medicine and epidemic prevention ranked first. The concepts at the forefront of the decline are mainly related concepts such as air transportation and tourism, which are greatly affected by the epidemic. In terms of industry, construction decoration, mining and other industries led the rise, while leisure services, textiles and clothing and other industries performed relatively weakly. The market shock rebounded, the mood remained active, and the activity of individual stocks was good, so there were more trading opportunities. However, at present, it is still in the mood repair period, so there will be repeated situations. However, the repeated performance of the low-level plate market can provide better intervention opportunities without panic. Last week, the nonferrous metals sector, especially rare earth and lithium, became active again after preliminary adjustment, which is worthy of attention. It continues this week, and the food and beverage industry is also rising steadily. We continue to pay attention to the activity of low-level plates. There should be better opportunities and space when the market is gradually stable and good. Our sight can be longer. For plates at the bottom and with more driving factors, we can think about it in the long run. We continue to view the rotation of consumption, technology and cycle, and only pay attention to the fluctuation of the market during short-term switching. In the intensive meeting period of the fourth quarter, there are many relevant policy drivers, and the sustainability of thematic investment is optimistic.
Remain moderately optimistic. On the whole, the market volatility is rising well. The psychological impact of repeated epidemics is weakened. At the same time, the expectation of releasing liquidity in the future is enhanced, the market environment is relatively loose, and the rising trend of shocks will continue. Of course, we should not be too radical. The epidemic and overseas markets are still unstable, which will have a certain impact on the Chinese market. Therefore, we continue to maintain moderate optimism and actively grasp the trading opportunities in the market. From the perspective of opportunities, we will continue to pay attention to the recovery of low-level sectors. The new energy vehicle industry chain, food and beverage, medicine and science and technology will continue to pay attention, and follow the market to grasp trading opportunities.
