Outlook:
On Friday, the market was depressed first and then raised. The Shanghai index recovered 3300 points, and the transaction volume of the two cities exceeded trillion yuan for seven consecutive trading days. In the morning, the three major indexes collectively opened low. After that, the Shanghai Stock Index maintained a weak shock pattern above 3200 points. There was a V-shaped rebound in the afternoon. It quickly recovered its decline in the morning and successfully stood at 3300 points. Finally, the Shanghai stock index closed up 0.41% and the gem index rose 1.15%. Individual stocks rose more or fell less, while agriculture, forestry, animal husbandry and fishery, medicine and biology, non bank finance, transportation and other sectors rose higher; Building decoration, public utilities, beauty care, steel, petroleum and petrochemical sectors are relatively weak. In terms of market environment, the premier of the State Council said that small and micro enterprises should be given priority in tax rebate. The tax retention of small and micro enterprises should be refunded in place at one time before the end of June this year, and the tax retention of some key industries such as manufacturing and R & D services should be fully solved within the year. This will play a positive and stable role in market development confidence. From the technical point of view, the Shanghai index first suppressed and then rose, successfully stood at 3300 points, the market changed from general decline to general rise, the panic was significantly relieved, and the profit-making effect was expanded. With the release of selling pressure and panic, as well as the role of the support at the bottom of the stage, the market may usher in a technical rebound opportunity. In the medium term, wait for the market to gradually stabilize and pay attention to the change of volume and energy. In terms of operation, it is recommended to focus on the layout of the middle line, and pay attention to the industries such as finance, building materials, steel, electrical equipment, TMT, etc.
