Key investment points
The market remained volatile. The Shanghai Composite Index closed at 344765 points, up - 0.11% on a weekly basis, with a turnover of 2080802 billion yuan; The Shenzhen Component Index was 1302046 points, up - 2.93% on a weekly basis, with a turnover of 2751856 million yuan; The SSE 50 index was 306238 points, up - 0.43% weekly, with a turnover of 326065 billion yuan; The CSI 300 index reached 449643 points, a weekly increase of - 1.68%, with a turnover of 1216767 billion yuan; The CSI 1000 index reached 724156 points, with a weekly increase of - 1.64% and a turnover of 1110873 billion yuan; The gem composite index was 315319 points, with a weekly increase of - 2.67% and a turnover of 1088061 billion yuan. The weight class fluctuates greatly. The transaction amount remained below trillion, the mood of participants fluctuated, and the fund position was basically stable. On the whole, the overseas market shock has intensified, but from the Shanghai Composite Index, the market is still stable as a whole. The structural characteristics of the market are still. The main opportunities of the market are still in the small and medium market value, and there are many trading opportunities. The overall sentiment of the Chinese market is still good, but it is still volatile due to the influence of overseas markets in the short term. Therefore, at present, we can still remain moderately optimistic and participate in the trading opportunities of the market. Only the expectation of time and space, we should not be too radical. During the two sessions, there were many policy driven events and more opportunities for individual stocks and sectors. Emphasizing individual stocks over the index was also the main feature of the market in the past month and will continue in the future.
The theme hype is active. The conflict between Russia and Ukraine has brought shocks to the market, but it also brings theme investment opportunities. From the performance of individual stocks, China Russia trade and pharmaceutical stocks performed prominently. The larger decline is the risk stocks. From the perspective of concept index, it is also related concepts mainly affected by the conflict between Russia and Ukraine. The concepts at the forefront of the decline are mainly lithium related concepts with good early performance. In terms of industries, mining, transportation, agriculture, forestry, animal husbandry and fishery led the rise, while automobile, electronics, household appliances and other industries performed relatively weakly. Despite the market shock, the market risk appetite is still good, the concepts related to the conflict between Russia and Ukraine are hot, and the new energy industry chain is down. Stock capital game, hot sector rotation. The dominant characteristics of market sentiment are still obvious, and the flow of funds has also formed market fluctuations. Until there is no obvious direction, we can continue to pay attention to the repair of science and technology, medicine and new energy. There are many trading opportunities in the market. Consumption and technology are the long-term main line. After the mood is repaired, the capital will still return to the long-term main line. Therefore, the adjustment provides a window for strategic allocation instead. From the perspective of safety, we pay attention to the industry repair opportunities of emotional overreaction. Of course, since the market is still unstable, it should not be too radical. It is more from the perspective of strategic allocation. In particular, the conflict between Russia and Ukraine has increased uncertainty, so it is mainly trading at present.
Seize trading opportunities. On the whole, although the overseas market fluctuates violently, the Chinese market is relatively stable, indicating that the market sentiment is still good. However, due to the large short-term psychological impact, it is difficult for the market index to have a significant upward momentum, but the structural opportunities are still good. In particular, the two sessions have strong event driving force for the introduction of economic and industrial policies, which will be conducive to market trading opportunities. The new infrastructure policy environment is good. At the same time, the adjustment time and space of the science and technology sector are sufficient, which is worthy of continuous tracking. At the same time, the valuation repair of some over adjusted industries such as medicine, new energy and other emerging industries also deserves attention. We can still maintain moderate optimism in strategy and seize trading opportunities.
