A shares rose slightly on Wednesday. As of the close, the Shanghai Composite Index rose slightly by 0.34% to 327103 points, and other major stock indexes rose similarly. Northbound funds sold 194 million yuan in a small net throughout the day, which was a net sale for three consecutive days. In related markets, Hong Kong stocks rose on Wednesday.
The rise of US stocks is not only related to the short-term interest rate hike, but also related to the significant easing of the US epidemic. Now the market’s expectation of the Fed’s next interest rate hike of 50 basis points is constantly strengthening. As the US inflation rate has reached a 40 year high, even if the market is worried about the economic outlook, it will not change its expectations of further interest rate hikes. In this case, the trend of peripheral stock markets may be more subtle. The so-called “inflation has no bull market”. Recently, many people on Wall Street assert that a bear market is coming, which sounds a little sensational.
For such remarks, I don’t think investors need to be nervous, because such remarks are actually a norm. US stocks have been like this for many years, but US stocks have been singing and rising repeatedly all the way. A weak market will come sooner or later. It is always right to say so every day. In my opinion, rather than guessing, it’s better to set a stop loss and participate. As long as individual stocks are selected more carefully, they can generally offset more than half of the stock index risk.
From Wednesday’s A-share market, the performance of heavyweights is roughly balanced. Except for Zte Corporation(000063) , Kweichow Moutai Co.Ltd(600519) and other individual varieties, other heavyweights rose or fell little. Among the non heavyweight stocks, hydrogen energy sector gained the most, while other varieties with slightly better performance include traditional Chinese medicine, CRO, real estate, wine sector, etc.
Stimulated by major positive factors, the hydrogen energy sector rose by more than ten limits. The national development and Reform Commission issued the medium and long term plan for the development of hydrogen energy industry (20212035). The plan proposes that by 2025, a relatively perfect institutional and policy environment for the development of hydrogen energy industry will be formed, the industrial innovation ability will be significantly improved, the core technology and manufacturing process will be basically mastered, and a relatively complete supply chain and industrial system will be preliminarily established.
In addition to Zte Corporation(000063) , other varieties of concern are China Eastern Airlines Corporation Limited(600115) , which fell 2.81% on Wednesday after falling 6.15% on Tuesday. The breaking of new shares will generally attract people’s attention. A total of two new shares were listed on Wednesday, but both broke.
In fact, new shares are frequently broken recently, so investors have to be more careful not to trust underwriters and various institutions involved in pricing. Generally speaking, if the sector of new shares issued is not large, those with lower absolute price can be “brainless subscription”; If it is more than 20 yuan and the issued P / E ratio is not significantly higher than that of similar stocks, it can also be “brainless subscription”. If the P / E ratio is extremely high or even there is no P / E ratio (loss), then investors with research ability can choose to subscribe, and ordinary investors might as well give up.
In terms of the epidemic situation, China’s situation is relatively stable. Investors must also combine the prevention and control efforts when looking at the epidemic data. If the epidemic is stable when the prevention and control efforts are significantly increased, the performance of relevant listed companies may not be stable. In short, the impact of the epidemic on the stock index should be limited, and the impact on some stocks should not be underestimated.
The market is relatively stable, but further significant rise seems to have great resistance. From the perspective of energy, the stock index may have to consolidate for a while, and then it should be expected to continue the rise upward. In the short-term shock, considering that it is late in the day, it is easy to produce shock in this period, so investors should focus on low absorption rather than chasing up.
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