On Wednesday, the three major A-share indexes rebounded sharply and rose collectively. After the setback, the market ushered in a retaliatory rebound boosted by the confidence of important meetings. Can it be sustained? How to grasp the market opportunity at the current time? It has become the focus of discussion.
On Wednesday (March 16), the three major A-share indexes rebounded sharply in the afternoon, with a collective rise of more than 3%. As of the close, the Shanghai Composite Index rose 3.48% to 317071 points, the Shenzhen Composite Index rose 4.02% to 1200096 points, and the gem index rose 5.2% to 263508 points; The total turnover of the two cities was 1192 billion yuan, exceeding 1 trillion yuan for the second consecutive trading day; The net sale of northbound funds was 82 million yuan.
In terms of news, according to Xinhua news agency, on March 16, the financial stability and Development Commission of the State Council held a special meeting to study the current economic situation and capital market problems. The meeting pointed out that under the current complex situation, the most critical thing is to adhere to the principle that development is the first priority for the party to govern and revitalize the country, focus on economic construction, deepen reform and expand opening-up, adhere to the principles of marketization and rule of law, adhere to the "two unwavering", earnestly protect property rights, and fully implement the spirit of the central economic work conference and the deployment of the national "two sessions", We will coordinate epidemic prevention and control and economic and social development, keep the economy running within a reasonable range, and keep the capital market running smoothly.
In terms of individual stocks, on Wednesday, more than 4000 stocks rose, of which 139 stocks rose by the limit and only 9 stocks fell by the limit.
Trading limit of individual stocks on Wednesday (March 16): p align = "center" tabulation: Zhang Ying
It is noteworthy that on March 16, the Hong Kong stock market broke out in an all-round way. As of the closing, the Hang Seng Index rose by 9.08% and the Hang Seng state-owned enterprises rose by 12.5%; Hang Seng technology rose 22.2%.
For the sharp rebound of A-Shares today, institutions generally said that the logic of the medium-term improvement of A-Shares has not changed. Boosted by the short-term important meeting, the market ushered in a sharp rebound, stabilized at the stage and expected to rebound. However, under the influence of many parties, the market is still repeated, and low absorption in batches can be considered in the short-term withdrawal without chasing the rise.
Galaxy Securities said that China's economy has turned to a high-quality development stage. China's GDP has exceeded 100 trillion yuan, and the per capita GDP has exceeded US $1 trillion. Residents' wealth has accumulated rapidly, the scale of investable assets has increased rapidly, the transformation of asset allocation from physical assets to financial assets has accelerated, and the demand for equity asset allocation has increased. Supervision guides institutional investors to enter the market, optimizes the investor structure, improves the scale and proportion of professional institutional investors, and shows the trend of institutionalization. Deepening the service of institutional investors is the focus of securities companies to build their core competitiveness. Under the environment of capital market ecological transformation, the advantageous securities companies in the fields of wealth management and institutional business will have core competitiveness. Wealth management and institutional business are the medium and long-term high-quality track of securities companies.
At the same time, funds, private placement and other institutions also expressed optimistic views on the future market. Huang Jiefeng, manager of WALLONG Chuangxin investment fund, believes that today's market sentiment has been significantly repaired. Both big finance and the core targets of each boom track have made great efforts. The direct stimulus is that the financial stability and Development Commission of the State Council held a special meeting to study the current economic situation and capital market problems, and released good expectations to the market. The short-term risk of the index has been basically relieved. After continuous disorderly panic decline, many high-performance targets have become very attractive. With the continuous implementation of high-level care policies and the gradual return of long-term funds, the market is expected to start a new round of rebound under the leadership of the high-performance boom track. Approaching the disclosure window period of the first quarterly report, investors can actively layout on bargain hunting, such as new energy tracks.
Hao Xinming, manager of Fangxin wealth investment fund, believes that while the peripheral markets generally stabilized and rebounded, A-Shares experienced an irrational decline, market sentiment almost collapsed, pessimism was vented to the extreme, and a retaliatory rebound was ushered in. The rebound in the future can be expected, but the height of the rebound remains reasonable expectations, and the midline trend after the rebound is still not optimistic.
Liu Youhua, research director of private placement network: whether today's rise rebounds or reverses, as well as the space above, still needs more data support, but today's sharp rise has at least given great encouragement to investor confidence. The so-called extreme will turn around, which is today's trend. The irrational limit decline in the early stage is an abnormal trend, The market will also be repaired in time. For the future, we can be more optimistic, and the repair market will have a certain sustainability.
In terms of hot spots, scenic spots and tourism sectors led the rise, setting off a wave of daily limit; Hotel and catering, online tourism, airport shipping, electronic ID card, smart government, securities and other sectors were active; Recombinant protein sector led the decline, while covid-19 detection, covid-19 treatment, medical devices and other sectors fell slightly.
hot spot I: the rise of tourist hotels soared by more than 8%, and 23 shares rose by the limit in batch
On Wednesday, tourism hotels are the biggest gaingaingainers in the first place, reaching 8.27% on Wednesday, with 8.27% being the 8.27% of the first place in the growth of tourist hotels on Wednesday, in which, on Wednesday, hotels and hotels on Wednesday, tourism hotels on Wednesday, tourism hotels on Wednesday, with 8.27% of the first place on Wednesday, in which, hotels and hotels on Wednesday, tourism hotels on Wednesday on Wednesday, tourism hotels on Wednesday, with 8.27%, among which, 23 tourism stocks, including 23 tourism stocks such as 23 tourism stocks, including 23 tourism stocks, including 23 tourism stocks, including 23 tourism stocks, including 23 tourism stocks, including 23 tourism stocks, such as Beijing Zhong Ke San Huan High-Tech Co.Ltd(000970) 0097 Beijing Zhong Ke San Huan High-Tech Co.Ltd(000970) 00978 the.
It is reported that the national development and Reform Commission, together with the Ministry of culture and tourism and other relevant departments, formulated and issued several policies on promoting the recovery and development of difficult industries in the service industry, taking catering, retail, transportation and passenger transport as key assistance industries, and launched a series of targeted relief support policies and measures to give play to the integration effect and synergy of policies.
Caitong Securities Co.Ltd(601108) believes that after the epidemic, various national departments have successively issued a number of policies aimed at promoting consumption, providing policy cornerstone and direction guidance for the medium and short-term recovery of tourism and the long-term development of quality + intelligence + industrial integration.
hot spot 2: changes in securities companies Boc International (China) Co.Ltd(601696) 4 tian3 board
On Wednesday, the brokerage sector changed and rose collectively. As of the closing, the sector rose by 5.88%, of which China stock market news rose by 10.42%. In addition, Chinalin Securities Co.Ltd(002945) , Boc International (China) Co.Ltd(601696) , Gf Securities Co.Ltd(000776) , Guosheng Financial Holding Inc(002670) , etc. rose one after another. Among them, Boc International (China) Co.Ltd(601696) performance is eye-catching, with 3 boards in 4 days.
In this regard, Northeast Securities Co.Ltd(000686) believes that the performance of the securities sector will grow steadily in 2021, and the performance of China's major securities companies will grow brightly. At present, the deepening reform of China's capital market has reached an unprecedented high. Under the background of the continuous promotion of wealth management transformation in the securities industry, the wealth management ability of securities companies has been continuously improved and remarkable results have been achieved. According to the operating data of securities companies in 2021 released by China Securities Association, 140 securities companies in the industry realized an operating revenue of 502.41 billion yuan and a net profit of 191119 billion yuan in 2021. At the end of the year, the asset management scale of the securities industry reached RMB 2023 trillion, representing a significant increase of 112.52% year-on-year, especially the asset management scale of the securities industry of RMB 2023 trillion. In the whole year, the net income from asset management business was 31.786 billion yuan, a year-on-year increase of 6.1%. Under the background of deepening the reform of the capital market, leading securities companies have obvious advantages in capital strength and business layout.
