On Thursday, the three major A-share indexes operated at a low level. The Shanghai index once fell by more than 1%, and the gem index rose and then floated green.
As of the close, the stock index fell 0.63% to 325026 points; The Shenzhen composite index fell 0.83% to 1230550; The gem index fell 0.36% to 270621. The turnover of the two cities exceeded 900 billion yuan, a decrease from the previous trading day.
Shanghai index all day trend source: wind
On the disk, the pharmaceutical sector led the gains in the two cities, with cro, covid-19 treatment, traditional Chinese medicine and other related concepts strengthened one after another, and more than 10 stocks such as C.Q.Pharmaceutical Holding Co.Ltd(000950) , Shanghai Pharmaceuticals Holding Co.Ltd(601607) , Shanghai No.1 Pharmacy Co.Ltd(600833) , Henan Taloph Pharmaceutical Stock Co.Ltd(600222) , Chongqing Pharscin Pharmaceutical Co.Ltd(002907) , Jinghua Pharmaceutical Group Co.Ltd(002349) , Shanxi Panlong Pharmaceutical Group Limited By Share Ltd(002864) , etc. collectively rose by the limit China Meheco Group Co.Ltd(600056) near the end of trading, the trading volume reached 6.742 billion yuan, and the amount of sealed orders exceeded 300 million yuan. The stock recorded 11 trading limits in nearly 17 trading days.
Guotai Junan Securities Co.Ltd(601211) analysis shows that the recent implementation of policies in the pharmaceutical industry is still in a dense window period, the base effect dissipates and the differentiation begins to increase. At present, the market risk preference is low, which inhibits the growth varieties. It is suggested to pay attention to the varieties with high performance growth, such as performance growth promotion sector, high boom continuation sector: CXO, medical equipment, some innovative drugs, etc.
A few sectors such as household appliances and coal rose; Fuel ethanol, fentanyl, artemisinin, Yimei, gene sequencing and other concept stocks were active. Communications equipment, education, computers, semiconductors, media, beverage manufacturing, insurance, optical optoelectronics, military industry, electric power and other sectors fell; NTF, digital currency, mobile payment, electronic ID card, unmanned retail, auto chip, meta universe and other concept stocks fell.
As of the closing, the rise / fall ratio of all trading stocks in Shanghai and Shenzhen was 9533731, with 76 trading limits and 17 trading limits.
In terms of individual stocks, the daily limit shares today are as follows: Yango Group Co.Ltd(000671) (10.06%), Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912) (9.99%), Andon Health Co.Ltd(002432) (10.00%), Luoyang Northglass Technology Co.Ltd(002613) (10.04%), Jinghua Pharmaceutical Group Co.Ltd(002349) (10.00%). The down limit shares are as follows: Ningbo Construction Co.Ltd(601789) (- 9.97%), China Sports Industry Group Co.Ltd(600158) (- 10.01%), Shuhua Sports Co.Ltd(605299) (- 9.99%), Ningbo Energy Group Co.Ltd(600982) (- 9.97%).
The top five stocks with turnover rate are: Hengguang shares, Harbin Welding Huatong, Hefu China, Hualan Group Co.Ltd(301027) , Jiangsu Jingxue Insulation Technology Co.Ltd(301010) , 64.509%, 62.213%, 56.798%, 54.385% and 53.023% respectively.
In terms of northbound funds, the net inflow of northbound funds throughout the day exceeded 3.2 billion yuan, of which the inflow of Shanghai Stock connect exceeded 2.6 billion yuan and that of Shenzhen Stock connect exceeded 500 million yuan.
China Merchants Securities Co.Ltd(600999) analysis shows that at present, A-Shares have begun to trigger the bottom signal again. From the perspective of credit cycle, it should be the starting point of another three-and-a-half-year upward cycle. At present, A-Shares are already the bottom area. They are in the process of bottoming, and may have bottomed out. However, if the bottom signal described above can be met at the same time, the bottom of A-Shares will be more solid, and A-Shares will usher in a more certain upward "perfect storm", and the time window will be between mid April and mid May.
China Merchants Securities Co.Ltd(600999) further said that A-Shares have bottomed out in the market. After the improvement of risk appetite, they will generally be arranged in two directions. Some investors focus on the attack areas of improving economic expectations and steady growth, including building materials with price elasticity, nonferrous metals and chemical industry; In addition, some investors are more likely to choose electronics, computers and military industry after bottoming out in the past seven times around the upward trend of science and technology after the improvement of liquidity.
