On March 11, the three major A-share indexes rebounded V-shaped in the afternoon, led by the gem index. As of the close, the Shanghai index rose 0.41%, the Shenzhen Composite Index rose 0.62% and the gem index rose 1.15%. Nearly 2900 stocks in the two cities rose. The turnover of Shanghai and Shenzhen stock markets today was 1050.2 billion, a decrease of 28.5 billion compared with the previous trading day.
In terms of sectors, agriculture related sectors continued to rise, Jinjian Cereals Industry Co.Ltd(600127) , Shenzhen Kingsino Technology Co.Ltd(002548) , Hainan Jingliang Holdings Co.Ltd(000505) limit, Lontrue Co.Ltd(300175) rose by more than 14%, and many stocks such as Fujian Aonong Biological Technology Group Incorporation Limited(603363) , Chen Ke Ming Food Manufacturing Co.Ltd(002661) , Orient Group Incorporation(600811) .
Covid-19 detection concept broke out again in the afternoon. GEM stocks Guangzhou Wondfo Biotech Co.Ltd(300482) , Shanghai Labway Clinical Laboratory Co.Ltd(301060) 2 board, Zhejiang Orient Gene Biotech Co.Ltd(688298) , anxiu biology, Nanjing Vazyme Biotech Co.Ltd(688105) and other stocks rose by more than 10%, and Andon Health Co.Ltd(002432) , Shenzhen Everbest Machinery Industry Co.Ltd(002980) , Wuhan Easy Diagnosis Biomedicine Co.Ltd(002932) , etc. rose by the limit.
Brokerage stocks rose due to changes, Boc International (China) Co.Ltd(601696) , Chinalin Securities Co.Ltd(002945) , China International Capital Corporation Limited(601995) , Shanxi Securities Co.Ltd(002500) , Hongta Securities Co.Ltd(601236) , Zhongtai Securities Co.Ltd(600918) , etc. rose one after another.
The data show that the net sales of northbound funds throughout the day were 5.042 billion yuan, with a cumulative net sales of more than 36 billion yuan this week, and the net sales in a single week reached a two-year high.
[institutional perspective]
Galaxy Securities: although the A-share market has fallen more than expected recently, the A-share does not have the basis to fall sharply to the previous low. At the same time, the economy is expected to recover in the second half of the year. With the recovery of profitability, there is still room for the market to rise after the overall risk of the market is digested.
Haitong Securities Company Limited(600837) : on the premise that the trading volume is not enlarged, it is expected that the short-term index will still fluctuate horizontally between 32503320 points to tamp the bottom. This year, the registration system reform of the main board market will be put on the agenda. Investors should pay more attention to the performance and valuation of listed companies. Some high-quality industry leaders who have been wrongly killed for undervalued value are expected to usher in the opportunity of valuation repair and can slowly layout on bargain hunting.
