On March 7, global stock markets fell across the board. The Nikkei 225 index fell 2.94%, the Korean composite index fell 2.29%, the Hang Seng Index fell 3.93%, and European stock markets fell sharply at the opening. The three major A-share indexes fell, led by heavy institutional stocks. The Shanghai index, Shenzhen Component Index and gem index fell 2.17%, 3.43% and 4.30% respectively. Transactions in the two markets exceeded 1 trillion yuan, including 458157 billion yuan in Shanghai and 566406 billion yuan in Shenzhen.
Source: wind
Analysts believe that if the geopolitical risk does not significantly exceed expectations, there is no need to worry too much about the future performance of a shares. We should cherish the investment opportunities after stabilization in the process of A-share market adjustmentP align = “center” gold, k12 education, third child and other sectors rose against the trend
Among the Shenwan level industries today, only the comprehensive and architectural decoration industries rose, up 0.78% and 0.21% respectively; All other industries fell, with food and beverage, electronics and household appliances leading the decline, down 4.38%, 3.89% and 3.80% respectively.
Previously, some port logistics and oil stocks regarded by the market as “Russian Ukrainian conflict concept stocks” performed strongly. Today, Xinjiang Tianshun Supply Chain Co.Ltd(002800) continued to rise the limit, realizing 7-board connection. According to the after hours dragon and tiger list, the top five seats bought and sold in the past three trading days are the business department of securities companies, and there is no special seat for institutions. Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) which had been trading for seven consecutive days fell 3.68% today.
Among the concept sectors, gold, k12 education, three children and other concept sectors rose against the trend. In the gold sector, Chifeng Jilong Gold Mining Co.Ltd(600988) rose by more than 7%, and Shandong Gold Mining Co.Ltd(600547) rose by more than 4%; In the k12 education sector, Wuxi Hodgen Technology Co.Ltd(300279) realized the “20cm” limit, and Beijing Shengtong Printing Co.Ltd(002599) , Guangzhou Pearl River Piano Group Co.Ltd(002678) , Dianguang Explosion-Proof Technology Co.Ltd(002730) , Shanghai Xinnanyang Only Education & Technology Co.Ltd(600661) , etc; In the three tire sector, Cre8 Direct (Ningbo) Co.Ltd(300703) rose by more than 16%, and many stocks such as Meisheng Cultural & Creative Corp.Ltd(002699) , Vtron Group Co.Ltd(002308) and so on rose by the limit.
Source: wind
For the reasons for today’s market decline, Hu Po, fund manager of private placement network, said that the short-term market is worried about the geopolitical risks of Russia and Ukraine. In the case of the general decline of the external market, there has also been a relatively large adjustment in the A-share market today. In particular, the adjustment range of growth stocks is greater than that of value stocks benefiting from steady growth measures. However, after adjustment, the investment value of the A-share market will highlightP align = “center” commodity market soared
On March 7, the Asia Pacific stock market fell across the board. Hong Kong’s Hang Seng Index fell 3.93% to 2104521 points, the lowest in the session at 2082636 points, a new low since 2016.
European stock markets opened lower across the board, with Germany’s DAX index falling more than 4%, France’s CAC40 index and Britain’s FTSE 100 index falling more than 1%, and Europe’s Stoxx 50 index falling more than 3%. US stock index futures also fell significantly.
The commodity market rose sharply across the board. Comex gold once stood at $2000 / ounce, NYMEX crude oil and ice cloth oil rose by more than 8%, and LME nickel rose by more than 24%.
Source: wind p align = “center” not pessimistic in the future
For the current market, Hu Bo said that we should cherish the investment opportunities after stabilization in the process of A-share market adjustment.
Citic Securities Company Limited(600030) believes that the trend of steady growth is clear. The Russian Ukrainian incident accelerated the peak of inflation expectations. It is expected to see a turnaround in March. The “three bottoms” of the A-share market have been confirmed in turn. After the external impact is clear, it will usher in the resonance upward of value and growth. For A-Shares themselves, the recent market liquidity is relatively stable, and the pressure is significantly weaker than that before and after the Spring Festival. It is suggested to stick to the main line of steady growth, actively increase positions and continue the layout around the “two low positions”.
China International Capital Corporation Limited(601995) believes that it is necessary to pay close attention to the impact of the external environment such as the situation in Russia and Ukraine on the Chinese market. If the geopolitical risk does not significantly exceed expectations, there is no need to worry too much about the future performance of a shares. In terms of structure, the risk of growth stocks has been released in the early sharp correction, and gradually entered the stage of “bargain hunting”; The “steady growth” sector fluctuates more, but there may still be room for performance in the future. On the whole, the market style is better than the “steady growth” in the early stage, and it is possible to gradually transition to a relatively balanced stage.
