Today, the stock indexes of the two cities jumped slightly and opened higher, then went down all the way, and slowly recovered after 11:00 to close at noon; In the afternoon, the stock index mainly adjusted horizontally; Disk hot spots: strong performance in aquatic products, digital currency, cloud games, pork, prefabricated dishes, meta universe concept, intellectual property rights, agriculture, forestry, animal husbandry and fishery, IP realization, hotel catering, media and entertainment and other sectors; Overall: today’s market shows an adjusted market, and the main board is stronger than the gem.
For the operation of the market in 2022, Fan Bo of Xiangcai securities only emphasized one point of view on the last trading day of the year on December 31, 2021, which is “fight for A-Shares in 2022, you need to continue to wear bulletproof vests”. The meaning of this sentence is: structure is still the main tone of a shares. The business model of rotating market essentially improves the trading efficiency and is beneficial to the expansion of profits, so the main force is more keen to continue this model.
Today is the first trading day in 2022. The market has made obvious adjustments at the index level. In particular, the gem has come out of the market of Zhongyin decline dragged by the sharp decline of Contemporary Amperex Technology Co.Limited(300750) . However, from the trend of the gem composite index (399102), it is still above the 120 day moving average. At present, the single day fluctuation has not changed the overall trend, Therefore, we can’t deny the gem because of today’s decline. Investors can still maintain a stable state of mind.
However, there is an interesting phenomenon today. Although the market fell at the index level tomorrow, the number of trading boards in the two cities hit a new high in recent time, with nearly 120 stocks trading, and nearly 30 mass entrepreneurship and innovation stocks rising by more than 10%. In other words, the decline of the index did not affect the long enthusiasm of the funds in the floor. The increase instead of decrease of the trading board shows everything. The deep logic behind this is that A-Shares have already entered the era of structural market. The rising stocks of the index may fall sharply, and the falling stocks of the index may also rise sharply.
To sum up: 2022 did not get off to a good start, but formed a strong profit-making effect, which is the performance of market transformation, upgrading and evolution. The strategic policy of comprehensive registration system directly leads to the change of supply and demand relationship, and the A-share ecology will continue to evolve. The attraction of the model of “low level + performance growth + hot spot + secondary new shares” to funds will continue to heat up.
(Xiangcai securities)
