Daily data tracking
Three major indexes: the Shanghai index closed up 1.22%, the Shenzhen composite index closed up 2.18%, and the gem index closed up 2.67%
Shenwanyi sector: medicine, biology, electrical equipment and building materials rose; Agriculture, forestry, animal husbandry and fishery, mining and non bank financial correction
Hotspot tracking: disk analysis
Thursday continued the deep V rebound trend in the afternoon of the previous day, and the main A-share index fluctuated at a high level throughout the day after opening higher. Market sentiment improved significantly after the concentrated venting of panic, with more than 3500 stocks rising. On the disk, the growth enterprise market was led by the sharp rebound of medicine and power equipment. In addition, the oversold sectors such as building materials, food and beverage, chemical industry, automobile and military industry led the increase.
In terms of capital, northbound capital has a significant net outflow for three consecutive days, and the outflow accelerated this afternoon. Net sales this week exceeded 30 billion yuan, and foreign capital escaped from risk under the background of more than expected repeated geopolitical conflicts, fed interest rate hike and table contraction, and anti globalization, which is consistent with our judgment that the recent foreign capital performance was neutral and negative at the end of February. Under the background of current interest rate hike (t0 expected rise ~ T1 first landing effective stage) + continuous external disturbance, The valuation is still high and the performance of the industrial chain in the sector with no obvious global competitive advantage may be under pressure. Looking forward to the future, the target of 5.5% in the government work report shows that the determination to stabilize growth this year exceeds market expectations and remains optimistic about medium and long-term investment opportunities. However, at present, external disturbance factors are still unclear. Investors are worried about global stagflation and have not been pricein in the short term. It is recommended that investors focus on investment opportunities in the performance window and focus on sectors with higher than expected performance and superior relative profit growth.
Risk tip: the stock market has risks, and investment should be cautious
