Key investment points
The market remained volatile. The Shanghai Composite Index closed at 3639.78 points, a weekly increase of 0.60%, with a turnover of 2074.107 billion yuan; The Shenzhen Component Index was 14857.35 points, up 1.00% on a weekly basis, with a turnover of 2978.683 billion yuan; The SSE 50 Index stood at 3274.32 points, with a weekly increase of – 0.48% and a turnover of 340.154 billion yuan; The CSI 300 index reached 4940.37 points, a weekly increase of 0.39%, with a turnover of 1338.962 billion yuan; The CSI 1000 index reached 8010.32 points, with a weekly increase of 3.01% and a turnover of 1229.991 billion yuan; The gem composite index reached 3669.03 points, with a weekly increase of 1.85% and a turnover of 1141.814 billion yuan. Small and medium-sized market capitalization led the market rebound. The transaction amount basically remained trillion, the mood of participants was relatively stable, and the average value of fund positions fluctuated. On the whole, the market maintains the shock pattern, and the rotation of weight and small and medium-sized market value is not only the game embodiment of market stock funds, but also the reason for market shock. The pressure on the top of the box this year needs time to ease, and the speed will not be too fast. We believe that the shock in this region will continue, but it is also close to the end, and it is only a matter of time before the upward breakthrough. Of course, in the short term, we should still pay attention to the risk of shocks. However, there are still many trading opportunities. Continue the moderately optimistic strategy, grasp the current trading opportunities, especially the rebound of main line varieties, and the strategic layout is still a good time window.
Low plate activity. The market remained volatile, but individual stocks remained active. In terms of stock growth, stocks such as traditional Chinese medicine and lithium resources increased better. The larger decline is the large increase stocks and risk stocks in the early stage. From the concept index, the industry is mainly related to traditional Chinese medicine and lithium resources, and the hot spots have obvious cluster effect. The concepts at the forefront of the decline are mainly food and beverage, agriculture, electricity and other related concepts. In terms of industry, defense industry, household appliances and other industries led the rise, while food and beverage, mining and other industries performed relatively weakly. The pattern of shocks is still characterized by large adjustment of short-term growth and rebound of large decline. The activity of low-level plates has good persistence, such as traditional Chinese medicine plate. The adjustment of food and beverage, agriculture, forestry, animal husbandry and fishery is also the behavior of the market itself. There is no need to be too pessimistic. Instead, the adjustment is the emergence of intervention opportunities. The non-ferrous plate, especially rare earth and lithium, has a high probability of medium and short-term opportunities after preliminary adjustment, which deserves close attention. The short-term adjustment of the food and beverage industry after the rapid rise is not enough to fear. Science, technology and medicine are greatly affected by geopolitics. Pay attention to the rebound opportunities. Our sight can be longer. For plates at the bottom and with more driving factors, we can think about it in the long run. We continue to view the rotation of consumption, technology and cycle, and only pay attention to the fluctuation of the market during short-term switching. In the intensive meeting period at the end of the year and the beginning of the year, there are many relevant policy drivers, and the sustainability of thematic investment is optimistic.
Seize trading opportunities. On the whole, after the market is above the upper shock range, it will fall and shock, and it is expected that it will still need to be ready in the short term. The overall risk of the market is small, but pay attention to short-term fluctuations, and there are still many market opportunities. Only the style is switched to small and medium-sized market value again. At present, the policy environment is good and the liquidity expectation is good. We can still grasp the trading opportunities in the market. In terms of opportunities, we continue to pay attention to the recovery of low-level sectors. The time and range of preliminary adjustment related to lithium resources are large, but the industry fundamentals are still good. Pay attention to the recovery opportunities. At the same time, the activity of science and technology and military industry can also continue to pay attention, follow the market and grasp trading opportunities.
