Market review: the index opened higher and went higher, with the rise of real estate building materials and electricity ranking first
Today's index opened higher and went higher. As of the close, the Shanghai index rose 1.96% to 3266.6, the Shenzhen index rose 3.1% to 122638, and the gem index rose 4.02% to 269683. SSE 50 rose 2.58% and CSI 1000 rose 2.07%. In terms of sectors, real estate (5.68%), building materials (4.91%) and beauty care (4.41%) led the increase, while coal (- 2.78%), petroleum and Petrochemical (- 0.18%) and agriculture, forestry, animal husbandry and fishery (- 0.1%) led the decrease. The turnover of the two cities was 958386 billion yuan, an increase of 10.93% over the previous trading day and 6.12% over the average of the previous five days. The net unilateral purchase of northbound funds throughout the day was RMB 12.726 billion, with a single day net purchase reaching a new high since October 2021. Among them, the net purchase of Shanghai Stock connect was 6.352 billion yuan and that of Shenzhen Stock connect was 7.373 billion yuan.
Market focus:
According to China Central Television News, Russian Deputy Defense Minister fuming said that the Russian Defense Ministry decided to significantly reduce military operations in Kiev and Chernigov. After the end of the first day of the fifth round of Russian Ukrainian negotiations, the head of the Russian delegation mezinski said that Russia is taking two steps to ease the conflict with Ukraine. The meeting between Russian President Vladimir Putin and Ukrainian President Zelensky can be held at the same time as the initialling of the peace treaty between the two foreign ministries, and Ukraine will give up joining any military alliance. Affected by the easing of the conflict between Russia and Ukraine, oil, petrochemical and agricultural stocks weakened.
Strategy suggestions:
Today, the index opened higher and went higher. The gem rose by more than 4%, and only 793 stocks in the two cities fell. The net inflow of main funds was 46.289 billion yuan, mainly into themes such as traditional Chinese medicine, real estate and new energy. In terms of the general trend of a shares, the risk of geopolitical conflict has improved, the market sentiment has warmed up in the short term, and the upstream resource sector has fluctuated or intensified. In the medium term, it is continuously recommended to pay attention to blue chips and steady growth sectors with reasonable valuation level.
In terms of sectors, the traditional Chinese medicine sector deserves attention. On March 29, the general office of the State Council issued the 14th five year plan for the development of traditional Chinese medicine. The plan deployed ten key tasks, including building a high-quality and efficient traditional Chinese medicine service system, improving the health service capacity of traditional Chinese medicine, building a team of high-quality traditional Chinese medicine talents, building a high-level traditional Chinese Medicine Inheritance and protection and scientific and technological innovation system, promoting the high-quality development of traditional Chinese medicine industry and developing traditional Chinese medicine health service industry, Promote the prosperity and development of traditional Chinese medicine culture, accelerate the opening-up and development of traditional Chinese medicine, deepen the reform of traditional Chinese medicine and strengthen the support and guarantee for the development of traditional Chinese medicine. The plan provides complete solutions and reform measures for the current situation of the traditional Chinese medicine industry, which will promote the high-quality development of the traditional Chinese medicine industry. Under the new plan, the speed of approval of new traditional Chinese medicine is expected to accelerate, the quality improvement of traditional Chinese medicine health products is supported, the quality requirements of planting and processing of traditional Chinese medicine are expected to improve, and the standardization of medical services may usher in significant progress. It is suggested to pay attention to the structural opportunities in the fields of traditional Chinese medicine covid-19 prevention and treatment, traditional Chinese medicine innovative drugs, traditional Chinese medicine medical services and traditional Chinese medicine planting.
Risk tip: the macro-economy is less than expected, the national epidemic is more than expected, and the geopolitical risk is intensified.
