Today (March 30), the Shanghai and Shenzhen stock markets opened high across the board. After the opening, the two markets fluctuated upward, but the overall upward space is limited; In the afternoon, with the great financial force, the real estate sector ushered in the rising tide of the limit, and the track stocks also began to force, which promoted the strong rise of the index, and the three major stock indexes showed a pulsed upward pattern.
As of the close of Shanghai and Shenzhen stock markets all day, the Shanghai index rose 1.96% to 326660 points; The Shenzhen Component Index rose 3.10% to 1226380 points, and the gem index rose 4.02% to 269683 points.
From the disk point of view, the industry and concept sectors rose more or fell less, and the local profit-making effect is prominent. In terms of industry, real estate, battery, decoration building materials, cement, securities, wind power, engineering construction, photovoltaic, brewing and other industries led the rise; In terms of theme stocks, rental and sale rights, solid-state batteries, brokerage concepts, blade batteries, assembly buildings, building energy conservation and other gains were higher.
In terms of funds, the central bank announced on March 30 that in order to maintain stable liquidity at the end of the quarter, the people’s Bank of China carried out 150 billion yuan reverse repurchase operation by means of interest rate bidding on March 30, 2022, and the bid winning interest rate was 2.1%. As 20 billion yuan of reverse repo expired today, the people’s Bank of China realized a net investment of 130 billion yuan in the open market today.
hot sector
Top 10 gainers in industry sector
Top 10 industry sector declines
Top 10 gainers in concept sector
Top 10 decline in concept sector
individual shares monitoring
Top 10 net inflow of main forces
Top 10 net outflow of main force
northbound funds
southbound funds
message surface
1. According to the central bank’s website, on March 30, the people’s Bank of China held a 2022 science and technology work videoconference. The meeting required that we should adhere to the principle of stability, strengthen the construction of network security system in the financial industry, do a good job in financial data security management, and keep the bottom line of safe production. Adhere to systematic thinking, deepen the reform of the science and technology system and mechanism of the people’s Bank of China, comprehensively promote the construction of technology control and system, improve information infrastructure, and comprehensively improve the application capacity of new technologies. Adhere to the improvement of science and technology, implement the development plan, deeply implement the demonstration project of Rural Revitalization enabled by financial science and technology and the pilot of comprehensive application of financial data, use innovative regulatory tools to standardize the application of digital technology, and continue to promote the digital transformation of finance. Adhere to strengthening the foundation and strengthening the foundation, improve the new financial standard system, establish a supervision mechanism for the implementation of mandatory standards in the financial field, carry out pilot projects for the innovation and construction of financial standards, and give better play to the supporting and leading role of financial standardization.
2. According to the website of securities times, recently, the people’s Bank of China issued the opinions on doing a good job in the key work of financial support and comprehensively promoting rural revitalization in 2022 to guide the financial system to optimize the allocation of resources, accurately and forward, effectively increase financial support in the field of “agriculture, rural areas and farmers”, continue to comprehensively promote rural revitalization, and provide strong support for stabilizing the macro-economic market. The opinions emphasizes that we should focus on the development characteristics of Shenzhen Agricultural Products Group Co.Ltd(000061) processing, rural leisure tourism and other industries, improve financial services such as financing and settlement, enrich the exclusive financial products of new agricultural business entities and small farmers, support the issuance of Rural Revitalization bills, and promote the integrated development of rural primary, secondary and tertiary industries.
3. According to the Shanghai Securities News, Zhang Xuxia, spokesman of the Ministry of culture and tourism, said at a regular press conference on the 30th that the Ministry of culture and tourism, together with the Ministry of education, the Ministry of natural resources, the Ministry of agriculture and rural areas, the National Bureau of rural revitalization and the National Development Bank, has studied and drafted the opinions on promoting the Rural Revitalization enabled by cultural industry, which will be officially issued in the near future. The document will focus on key areas and adopt a series of policies and measures to guide cultural industry institutions and workers to go deep into rural areas for docking, assistance, investment and development, and promote more flows of cultural industry talents, funds, projects, consumption and other elements to rural areas.
4. According to China Securities News, the questionnaire survey report on entrepreneurs in the first quarter of 2022 released by the people’s Bank of China on March 30 shows that the macroeconomic heat index of entrepreneurs is 35.7%, down 1.6 percentage points from the previous quarter and 3.2 percentage points from the same period of last year. Among them, 30.6% of entrepreneurs believe that the macro economy is “cold”, 67.4% believe that it is “normal”, and 2.0% believe that it is “hot”.
institutional views
As for the current market, Rongwei Securities pointed out that at present, the overall support of the market is still under the support of the policy, but the in-depth upward momentum is not enough. The structural market may continue. The game characteristics of stock funds are obvious. The weight sectors such as real estate and securities are not sustainable, and there will be repeated speculation in the market, such as the recent real estate, coal and pig cycle, Bargain hunting can also be an appropriate bargain hunting and strategic allocation for investors to game the oversold rebound market here, but the overall position is not recommended to be heavy or chase up at will.
Sealand Securities Co.Ltd(000750) pointed out that there are three main reasons for the sharp rise in the market today. First, there was a significant improvement in the external situation, and the market risk aversion eased; Second, the recent real estate easing signals are frequent and the pace is accelerated. Last week, Harbin launched the first shot to cancel the sales restriction in the provincial capital city; Third, the fear of foreign capital outflow has eased. Today, there was a significant inflow of funds from the north, which reached the peak in nearly two months.
The agency further analyzed and focused on three main lines: steady growth, post cycle and boom growth. The steady growth sector focuses on real estate and infrastructure with strong expectation of policy marginal relaxation. The post cycle sector focuses on coal, agriculture, forestry, animal husbandry and fishery with strong price rise expectations. The boom growth sector focuses on high boom segments with strong industrial cycle catalysis, such as photovoltaic, medical services, green power, etc.
Cinda Securities believes that the value style will continue to dominate in the first half of the year, and it is suggested to pay attention to finance, real estate and construction. In the second half of the year, as the downward pressure on roe declined, the pressure on interest rates eased temporarily, the steady growth policy brought the economic bottom, and the growth style may be dominant in stages. From a long-term perspective, due to the transformation of cattle and bears, the semiconductor sales cycle has entered a phased correction, and the mainstream style will be partial to value most of the time in the next two years.
Guosheng Securities pointed out that in the short term, under the background of reduced market risk appetite, we can pay attention to the real estate industry chain with reversal of difficulties, new energy infrastructure, banking and other industries with stable growth expectations, as well as coal, non-ferrous metals and other related sectors with annual report and first quarter report exceeding expectations; In the medium term, we can focus on the midstream and downstream manufacturing industries with improved corporate profits, such as new energy batteries, auto parts and other related industries.
