Data review
Stock market liquidity: market sentiment has cooled in the last week, with a net inflow of A-share funds of – 86 billion yuan, compared with the previous value of – 18.2 billion yuan.
Disturbance of events at home and abroad and cooling of market sentiment: affected by a number of recent emergencies at home and abroad, A-Shares continued to make a sharp correction, the market sentiment was depressed, and the funds accelerated to leave the market. Among them, the net outflow of funds from Beishang in the last week was 36.3 billion yuan, which was at an all-time high. Under the disturbance of pessimism, retail investors also accelerated their withdrawal. The added value of financing balance in the last week was – 14.7 billion yuan, compared with the previous value of – 1.4 billion yuan.
Foreign capital has sharply sold banks, new Baijiu and liquor: influenced by the Fed’s interest rate hike and the conflict between Russia and Ukraine, global capital risk preferences are downward, and foreign capital has been significantly outflowing A shares. In terms of structure, foreign capital mainly sells banks, power equipment, food and beverage, non bank finance and electronics. Among them, the first three stocks sold are respectively: Contemporary Amperex Technology Co.Limited(300750) , Ping An Insurance (Group) Company Of China Ltd(601318) , Kweichow Moutai Co.Ltd(600519) , and the stocks added are concentrated in photovoltaic and periodic products, including Sungrow Power Supply Co.Ltd(300274) , Longi Green Energy Technology Co.Ltd(601012) , Zijin Mining Group Company Limited(601899) , etc.
Risk warning: the scale of capital entering the market is roughly estimated, which is only for investors’ reference; The second outbreak of the epidemic caused the performance of enterprises to fall short of expectations; Inflation rose faster than expected.
