In the morning trading on March 17, the A-share Shanghai and Shenzhen stock indexes opened higher. According to wind data, the Shanghai composite index opened up 1.40% to 321501; The Shenzhen composite index opened up 1.90% to 1222884 points; The gem index rose 1.89% to 268484.
From the perspective of industry, 31 shenwanyi industries rose collectively, with real estate, household appliances, building materials and other sectors leading the rise.
Among the concept sectors, stock speculation software, Lianban, rare earth and other concept sectors led the increase; Covid-19 specific drugs, covid-19 antigen, covid-19 pneumonia detection and other concept sectors led the decline.
China Galaxy Securities Co.Ltd(601881) Securities believes that the market valuation bubble has been squeezed, the full A valuation historical quantile has dropped to a low level, the longer the time cycle, at a high cost performance position. The importance of value investment ideas has increased. With the gradual disclosure of performance by listed companies, high-quality stocks with high profit and cost performance can be allocated at bargain hunting.
