Today, the number of rising stocks and limit stocks reached a new high since 2022, and more than half of the stocks rebounded by more than 5%. As of the closing, the overall valuation level of the Shanghai stock index was lower than the historical average.
On March 16, the market index opened high and went low, and the Shanghai index once fell to around 3023.3 afternoon, A-Shares launched a large-scale counterattack, and securities companies, insurance and semiconductors became the vanguard of the rebound
The brokerage stock \ , Gf Securities Co.Ltd(000776) , China International Capital Corporation Limited(601995) , , China stock market news Orient Securities Company Limited(600958) and other collective heights. As of the close, the Shanghai Composite Index closed at 317071 points, up 3.48%. The gem index and the CSI 300 index rose 5.2% and 4.32% respectively.
a-share valuation is below the historical average
Shanghai index p / E ratio is lower than 2638
Since March, A-Shares have continued to weaken, and the Shanghai stock index once faced the test of 3000 points. After today's rebound, market sentiment picked up. Since March, the trading volume of A-share securities is approaching a new high of 2.2 trillion theturnover of 3 shares exceeded 10 billion yuan.
Gf Securities Co.Ltd(000776) said that at present, the "odds odds" of A-Shares have improved. The valuation of A-Shares has been below the historical average and has medium and long-term allocation value Citic Securities Company Limited(600030) pointed out that recently, A-Shares had serious emotional catharsis due to the superposition of internal and external risks, and there were three serious deviations; At the same time, with the arrival of the three critical points, the bottom of the market has been confirmed twice, and A-Shares are about to usher in a resonant upward trend of value and growth.
In the past decade, the Shanghai Composite Index has mainly experienced four major level adjustments. The stage lows occurred in June 2013, January 2016, January 2019 and March 2020 respectively, and the corresponding intraday lows were 184965 points, 2638.3 points, 244091 points and 2646.8 points respectively.
what is the current valuation level of A-Shares
According to the statistics of data treasure, as of March 16, the P / E ratio of Shanghai stock index was 12.08 times, significantly lower than the historical average, and at the level of 31.2% of the quantile in recent ten years, lower than the valuation level at the closing of Shanghai stock index at 2638.3 on January 27, 2016. Similarly, the current P / E ratio of gem index is also lower than the valuation level of Shanghai stock index at 2638.3.
In terms of price to book ratio, the latest price to book ratio of Shanghai stock index is 1.35 times, which is at the level of 14.62% of the quantile in recent ten years, lower than the price to book ratio of 2638.3 points of Shanghai stock index in 2016.
main funds rarely sweep more than 20 billion, and track stocks make a comeback
Under the influence of various factors, the pace of northward capital outflow slowed down significantly today. The net outflow of A-share northward capital throughout the day was 82 million yuan, the smallest in March main funds took advantage of the situation and swept away goods. The total net inflow throughout the day exceeded 20 billion yuan, the highest level in the year non bank finance, electrical equipment, electronics, automobile, non-ferrous metals and other industries have a net inflow of more than 1 billion.
The theme of electronic ID card continued the strong performance of the previous two days and closed up 6.96% today tianyima was quickly blocked after opening high in the morning, closing up 20% One of the 6 '' \ Zhong Fu Tong Group Co.Ltd(300560) successively rose the limit, and the popular stocks Hangzhou Everfine Photo-E-Info Co.Ltd(300306) fell in the morning, and the share price rose sharply and rose the limit in the afternoon. This is its third consecutive limit, with an increase of 69.68% in just three trading days.
Race track stocks such as car chips, chips, chips, gallinitride, lithium mines, lithium batteries, new energy vehicles, counting East and counting West, and Tesla have made a comeback. Race track stocks such as race track stocks such as car chips, car chips, such as car chips, such as car chips, such as car chips, such as car chips, such as the galligalligalligalligalligalligalligalligalligalligalligalligalligalligalligalligalligalligalligalligalligalligallifrom, lithium mines, lithium batteries, new energy cars, counting East and counting West, and tesltesltesltesltesltesltesla have made a comecomeback. Lithium battery concept stocks 123 Ningbo Zhenyu Technology Co.Ltd(300953) , Guangzhou Great Power Energy&Technology Co.Ltd(300438) Tianjin Motimo Membrane Technology Co.Ltd(300334) , Guizhou Zhenhua E-Chem Inc(688707) , Foshan Golden Milky Way Intelligent Equipment Co.Ltd(300619) , etc. followed the rebound.
more than 80% of stocks turned red from green
main bottom hunters and some industry leaders
A large number of stocks showed signs of rebound today. As of the close, there were more than 4300 rising stocks and 137 trading stocks. The number of rising stocks and trading stocks reached a new high this year According to data treasure, a total of 3781 shares turned red from green today, accounting for more than 80% of the total closing price compared with the intraday low, more than half of the stocks rebounded by more than 5% huashitechnology is in the limit state, Among them, North Chemical Industries Co.Ltd(002246) received "ground and sky slab".
which stocks were swept away by the low level of main funds
According to the statistics of data treasure, among the stocks whose latest closing price retreated by more than 30% compared with the high point of the year, 21 stocks received a net inflow of main funds of more than 50 million yuan today. The industry leader with a market value of a billion billion worth worth of a billion billion worth of the industry with a market value of a billion billion, such as 6 \ China Vanke Co.Ltd(000002) , Aier Eye Hospital Group Co.Ltd(300015) China stock market news is the most popular among the main players, with a net inflow of 1.972 billion yuan per day. The stock traded significantly in large volume today, with a turnover of 13.22 billion yuan, ranking second in a shares, with a closing increase of 10.42%.
According to the latest annual report, express report and forecast lower limit data of net profit, among the above 21 high pullback stocks favored by the main force, nearly half of the stocks' net profit increased year-on-year in 2021 Guangdong Jiayuan Technology Co.Ltd(688388) , Zhejiang Yongtai Technology Co .Ltd(002326) and other leading stocks in the lithium battery industry chain doubled their net profits. The higher growth rate of net profit is also the higher growth rate of the higher growth rate of the higher growth rate of net profit of 6 \ Zte Corporation(000063) , Goertek Inc(002241) , etc.