Market trend:
Today, the three major indexes differentiated throughout the day, the Shanghai index rose slightly, and the gem index once fell by more than 2%. On the disk, the real estate sector lifted the limit tide again and Tianjin Tianbao Infrastructure Co.Ltd(000965) 9 connected the board. Hongmeng concept stocks rose sharply, Unionman Technology Co.Ltd(688609) limit. Coal, Yuan universe, agriculture and other sectors were active in the session. High stocks continued to ebb, and many stocks such as Luoyang Northglass Technology Co.Ltd(002613) , Sundy Land Investment Co.Ltd(600077) and so on fell by the limit. Overall, more or less fell, and more than 2700 stocks in the two cities fell. The turnover of Shanghai and Shenzhen stock markets today was 870.4 billion, down 47.9 billion from the previous trading day. On Friday, the active sectors such as Internet e-commerce and small household appliances led the decline. In the continuous contraction of the market, technically, after covering the gap on March 17, the Shanghai Composite Index took the lead in rebounding. As a sharp tool for steady growth, the real estate industry chain has continued to strengthen in the near future.
In terms of sectors, we will focus on tracking three sectors today:
First, Hongmeng concept stocks. Today, Hongmeng concept stocks were active all day. On the news side, Huawei will hold the 2021 annual operating earnings conference at 4:30 p.m. on March 28. Huawei’s rotating chairman, Huawei CFO and other management will attend the meeting to introduce Huawei’s performance in 2021 and answer reporters’ questions. In addition, Google’s Android media management system has stopped running due to the weekend’s sanctions. The company is already testing Huawei’s Hongmeng operating system. Hongmeng and Euler operating systems are expected to be the focus of Huawei this year. Individual stocks in this sector have oversold seriously, and there are still opportunities for repeated activity in the future. Second, the agricultural sector. The agricultural sector continued to perform strongly today. At the time of the adjustment of the market index, the sector index remained red throughout the day. At present, the inflation situation is still severe, with the situation in Russia and Ukraine unstable and difficult negotiations, Shenzhen Agricultural Products Group Co.Ltd(000061) prices are easy to rise but difficult to fall; If disturbed by extreme weather again, it is expected to continue Shenzhen Agricultural Products Group Co.Ltd(000061) price to further strengthen; Under the background of overall cautious market sentiment, grain and other Shenzhen Agricultural Products Group Co.Ltd(000061) as mandatory consumer goods are expected to continue. Third, pro cyclical industry stocks. Today, stocks in real estate, coal and other pro cyclical industries still perform well, and real estate stocks are mainly valuation repair; The coal industry is due to high energy prices. At present, it is in the stage of wide credit, which is conducive to the speculation of Pro cyclical stocks; What we need to observe is whether the speculation of the real estate industry chain will spread to the upstream of steel, cement and so on; This can also indirectly judge the effectiveness of credit easing.
Outlook:
Today, the two cities contracted again, and the decline is not excessive, which also shows that the space for downward adjustment is limited. The rotation speed between sectors is still fast. The small household appliance sector, which rose sharply last Friday, led the decline today. Recently, the market is still sensitive to the news, but the sustainability is often poor except for real estate, medicine, agriculture, coal and other sectors. Overall, the market contraction is defensive, and it still takes time for the future index to strengthen collectively. We can pay appropriate attention to whether the trend of Hongmeng concept stocks can be sustainable.
