On March 7, the three major A-share indexes opened low and went low, with the collective closing down more than 2%. As of the closing, the Shanghai index fell 2.17%, the Shenzhen Component Index fell 3.43%, and the gem index fell 4.3%, the largest one-day decline since March 9 last year; The total turnover of Shanghai and Shenzhen stock markets was 1024.6 billion yuan, and the turnover of the two markets exceeded 1 trillion yuan. Overall, stocks in the two cities generally fell.
On the disk, nursery services, the concept of three children, assisted reproduction and other sectors led the rise, while the precious metal sector strengthened, Chifeng Jilong Gold Mining Co.Ltd(600988) led the rise; Pharmaceutical business, covid-19 treatment, chemical fertilizer, education and other sectors performed actively; Airport shipping sector led the decline, with shares held by national large funds, online tourism, scenic spots and tourism, automobile chips and other sectors leading the decline.
At the same time, northward capital continued to flow out, with a net sales of 8.271 billion yuan throughout the day, including 5.286 billion yuan for Shanghai Stock connect and 2.985 billion yuan for Shenzhen Stock connect.
Analysts believe that today’s sharp decline in the A-share market is mainly affected by the peripheral market. At present, the A-share market is at the bottom and should not be too pessimistic about the future market.
Hu Bo, the manager of Rongzhi investment fund under private placement paipaipai.com, said that the short-term market was more worried about the geopolitical risks of Russia and Ukraine. In the case of the general decline of the external market, there was a relatively large adjustment in the A-share market. In particular, the adjustment range of growth stocks was greater than that of value stocks benefiting from steady growth measures, especially the Ning index. In the short term, it is difficult to say that the market risk has been fully released, because under the concern of the whole capital outflow and the influence of Geopolitics on the global market risk, A-Shares may be difficult to be alone. However, after continuous adjustment, the investment value of the whole A-share market is growing significantly. Therefore, investors should be in the process of adjusting the A-share market, When the investment value is higher and higher, cherish the investment opportunities after stabilization.
Huang Yi, director of Hongfeng asset investment, who is optimistic about the future market, believes that the market has bottomed out. Today, the Shanghai Composite Index has made a second bottoming action. There is strong support at 3361 points, and the rebound will be imminent. There is no need to be too pessimistic about the future market. The probability of follow-up market is still a structural market.
Brokerage research report also shows confidence in the market Huaxi Securities Co.Ltd(002926) said that A-Shares ushered in the two sessions, and the “steady growth” policy is the main context. The government work report puts forward the GDP growth target of about 5.5%, which also shows that steady growth needs to be put in a more prominent position. The follow-up support policies in real estate, new and old infrastructure, consumption and other fields will be intensively introduced, which will help to build the bottom range of a shares. Due to the tense external geopolitical relations and the expectation of interest rate increase by the Federal Reserve, it is expected that the A-share market will continue to “grind the bottom repeatedly” in the short term and will not be pessimistic about the A-share market in the medium and long term.
allocation, Anxin Securities pointed out that the current market is at the bottom of the strategy and does not have the conditions for systematic decline. Similar to 2012, the possibility of unilateral decline in the equity market is low, and the structural market is still firm and predictable. At the same time, the current market has four main lines: steady growth, high prosperity, post epidemic repair and global inflation
In terms of industry sector, among shenwanyi industries, only two industries rose against the market, while the other 29 industries fell. Among them, comprehensive and architectural decoration rose by 0.78% and 0.21% respectively, and food and beverage, electronics, household appliances and social services all fell by more than 3.7%.
hot spot I: three child concept sector bucked the market and soared
Three child concept related stocks performed strongly throughout the day, and 17 stocks in the sector, including Zhejiang Cayi Vacuum Container Co.Ltd(301004) , Kidswant Children Products Co.Ltd(301078) etc., rose collectively.
Three child concept stocks welcomed the good news again. On March 7, the State Information Office held a press conference. Lian Weiliang, deputy director of the national development and Reform Commission, said at the press conference that improving the effective supply of elderly care is a key task for economic and social development this year. Three things will be done well, namely incremental quality improvement, universal benefits and strict supervision. For example, for “one bed is hard to find” elderly care institutions and “one difficult to find” childcare institutions, investment in the central budget will be given key support. At the same time, relevant policies such as finance and taxation, credit, land and talents will be implemented in place to greatly increase the supply of high-quality resources for elderly care.
Investment opportunities in the field of three child concept have also attracted institutional attention Sinolink Securities Co.Ltd(600109) said that China’s demand for multiple births will be released as the birth policy continues to be relaxed. In the short term, infant related products are expected to benefit directly. Among them, FMCG will benefit more than durable consumer goods, such as infant milk powder, skin care products, etc; Followed by infant clothing. At the same time, this will also drive the accelerated development of relevant retailers (such as offline chain infant and child products retailers and cross-border e-commerce mother and child sector), and the improved demand for large family housing will also increase. In the medium and long term, with the growth of the age of newborns and the corresponding increase of the population of children and adolescents, children’s toys and entertainment consumption of young consumers will benefit
hot spot 2: strong performance of gold stocks throughout the day
Gold concept stocks strengthened throughout the day, and four stocks, including Chifeng Jilong Gold Mining Co.Ltd(600988) , Shandong Gold Mining Co.Ltd(600547) , Hunan Gold Corporation Limited(002155) , Yintai Gold Co.Ltd(000975) , all rose by more than 3%.
As for the development status of the gold industry, Zheshang Securities Co.Ltd(601878) pointed out that the proportion of gold priced in grams is increasing rapidly, but the regional differentiation is obvious in the whole country. Consumers in high-line cities prefer product design, “buy it now” products still show growth, and gram heavy gold in low-line cities returns. With the improvement of gold technology (3D / 5G / gufajin) and the resonance of consumers’ aesthetic awakening, gold consumption has started a new business cycle. “Aesthetic awakening” and “leading change” drive the head brand into the “golden” era, and the performance growth and certainty will exceed expectations
