Yesterday, the market began to adjust, the Shanghai index rebounded from the low opening shock, and the gem index fluctuated weakly after the low opening. The turnover of Shanghai and Shenzhen stock markets was 898 billion, a decrease of 71.1 billion compared with the previous trading day. In terms of sectors, China Russia trade concept, oil and gas exploitation, traditional Chinese medicine, agricultural planting, coal and other sectors led the rise, while PCB, semiconductor, military industry, tourism and other sectors led the decline. As of yesterday’s close, the Shanghai index fell 0.13%, the Shenzhen composite index fell 1.05% and the gem index fell 1.77%. Northbound funds sold a net 776 million yuan throughout the day, including 451 million yuan for Shanghai Stock connect and 325 million yuan for Shenzhen Stock connect.
Overnight, Fed chairman Powell said he was inclined to support the 25 basis points interest rate hike in March. The three major indexes of US stocks collectively closed up, with the NASDAQ up 1.62%, the Dow up 1.79% and the S & P 500 up 1.86%. China concept tourism, Macao gambling and other sectors rose, and Ctrip rose more than 8%. Energy stocks rose collectively, technology stocks rose, and apple rose more than 2%.
At today’s morning meeting of securities companies, Huafu Securities said that the Shanghai index stopped rising for three consecutive days and paid attention to the gradual disclosure of the first quarterly forecast of listed companies China International Capital Corporation Limited(601995) pointed out that computing from the east to the west is ready, and AI chips are expected to benefit; For the opportunity of the two sessions, Northeast Securities Co.Ltd(000686) look forward to the hot spots of the two sessions this year from two perspectives.
Huafu Securities: the stock index stopped rising for three consecutive days and paid attention to the gradual disclosure of the first quarterly forecast of listed companies
Huafu Securities pointed out that the transaction volume of the two markets has not reached the trillion level for two consecutive days, indicating that the OTC funds are still cautious, which is reflected in the disk, that is, the hot topics / sectors in the market are still dominated by interval shock and rotation pattern, and it is recommended to focus on low absorption and partial balanced allocation as far as possible in operation. Looking forward to the future, with the continuous decline of the yield of 10-year US bonds (from above 2.0 to around 1.7 in the past week) and the gradual disclosure of the annual reports and quarterly forecasts of listed companies, the early adjustment is sufficient, and the growth direction of the industry boom is expected to continue can be concerned about bargain hunting.
China International Capital Corporation Limited(601995) : counting from the east to the west is ready, and AI chips are expected to benefit
China International Capital Corporation Limited(601995) pointed out that the project of “counting from the east to the west” was fully launched, and the western data center focused more on tasks such as storage, backup and offline processing. We believe that the AI Supercomputing Center focuses on training tasks. The characteristics of strong computing power, high power consumption and weak delay are consistent with the functional positioning of the western hub. Superimposed on the national strategic position of AI, we expect that the AI Supercomputing Center is expected to benefit from “counting from the East and counting from the west”. As the basis of computing power, cloud AI chips have a broad market space. We expect the global market scale of cloud AI chips to reach US $26.1 billion in 2025.
Northeast Securities Co.Ltd(000686) : looking forward to the hot spots of the national two sessions this year from two perspectives
What are the investment opportunities for the two sessions this year Northeast Securities Co.Ltd(000686) believes that we should look forward to the hot spots of this year’s two sessions from two perspectives. The directions emphasized by the local two sessions and the central economic work conference over the years highly coincide with those of the national two sessions, which can be used to predict the hot spots of the national two sessions.
1) the infrastructure, digital economy, mass consumption, medicine and carbon neutralization sectors emphasized by the local two sessions this year are expected to become the focus of the national two sessions this year;
2) the two key points of forming physical workload and cross cycle regulation emphasized by the central economic work conference in 2021 are expected to be reflected in the two sessions of the National People’s Congress, which are respectively oriented to traditional infrastructure, consumption and new infrastructure, digital economy and carbon neutralization.
