panel overview
In early trading on Friday, A-Shares opened low and bottomed out in shock, with the three major indexes falling by more than 2%; In the afternoon, the stock index stabilized and rebounded, led by the growth enterprise market, and the trading volume of the two cities exceeded trillion for seven consecutive days. On the disk, medical devices, securities, agriculture, animal husbandry, feeding and fishing, traditional Chinese medicine, biological products, pharmaceutical commerce, food and beverage, port shipping, tourism and hotels led the rise; Energy metals, photovoltaic, mining, engineering consulting, power, gold, engineering construction, power supply equipment, wind power, oil, gas, steel and other sectors led the decline. In terms of subject stocks, covid-19 detection, in vitro diagnosis, recombinant protein, covid-19 drugs, precision medicine, chicken concept, transgenic, aquaculture, Helicobacter pylori and prefabricated vegetable concept led the increase; Nursery services, photovoltaic buildings, hit batteries, pumped storage, lithium extraction from salt lakes, data security, etc. led the decline.
message surface
four major banks collectively announced: they all said that the operation was stable and improved in the first two months of this year
On October 10, China Construction Bank Corporation(601939) , Industrial And Commercial Bank Of China Limited(601398) , Agricultural Bank Of China Limited(601288) , Bank Of China Limited(601988) collectively issued an announcement, saying that the operation made steady progress and achieved a good start in the first two months of this year.
five Chinese concept stocks entered the “scheduled delisting list” of the US SEC
Recently, the official website of the securities and Exchange Commission (SEC) released a list of five Chinese stock companies. The SEC said that based on the foreign company Accountability Act (hfcaa), if a foreign listed company fails to submit the report required by the US listed company accounting oversight committee for three consecutive years, the SEC has the right to delist it from the exchange. The SEC finalized the provisional list on March 8, including Baiji Shenzhou, yum China, zaiding medicine, shengmei semiconductor and Hehuang medicine.
a unit protection army rapidly expanded! Midea plans to buy back up to 5 billion shares
forthe\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\morethan 20 listed companies, including Naura Technology Group Co.Ltd(002371) , Ningbo Shanshan Co.Ltd(600884) , Hangzhou Tigermed Consulting Co.Ltd(300347) , tianyoude liquor, Sichuan Development Lomon Co.Ltd(002312) and others, disclosed monthly operating data for the first time in history.
Jufeng viewpoint
pre market judgment: on Thursday, the European and American stock markets made a collective correction, and the popular Chinese stocks made a sharp correction. The situation in Russia and Ukraine and the expectation of US dollar interest rate hike once again aroused the market risk aversion. It is expected that there will be a double dip in a shares. It is suggested that investors’ sentiment should be controlled to a high level of 30% in the target stock market.
In fact, the three major A-share indexes collectively opened low, with the Shanghai index opening low by 1.12%, the Shenzhen Composite Index opening low by 1.53% and the gem index opening low by 1.73%; Energy metals, photovoltaic, mining, engineering construction, tourism hotels, Internet, education, lithium batteries, etc. are opened at a low price of about 2%. After the opening, the Hang Seng technology index of Hong Kong stocks fell 8%, putting pressure on Chinese Internet listed companies.
After the opening, the stock index bottomed out in shock, photovoltaic, lithium battery, oil, infrastructure and other sectors fell sharply, and defensive sectors such as agriculture, medicine, medical treatment and port rose.
In the afternoon, the stock index stabilized and rebounded, and medical devices, covid-19 testing, covid-19 drugs, Internet services, tourism hotels, securities, banks and other sectors rose sharply.
Recently, we have repeatedly stressed that we should follow the trend and reduce our positions in time with the help of intraday rebound. At present, the wide range of market shock is an opportunity to sell high and absorb low. Reverse operation should be avoided by all means.
investment suggestions: Jufeng investment adviser believes that the central bank has continuously cut reserve requirements and interest rates since December last year to release liquidity, indicating that the policy bottom has appeared; However, the construction of the market bottom is more complex and there is a time lag between the market bottom and the policy bottom, so the trend of A-Shares has twists and turns. After the Spring Festival, value and growth rose one after another. At the end of February, the oversold rebound market fell behind and continued to find the bottom. At present, the construction of A-share bottom box is a good opportunity to sell high and absorb low. Especially when there is intermediate adjustment in the market, but there is no liquidity risk, it is suitable to reduce positions; The medium-term proposal takes growth as the main line, and individual stocks with higher than expected growth in the annual report and the first quarter report can continue to participate in the rebound.
