On March 30, the three major indexes of the A-share market rose across the board, the real estate sector set off a wave of limit, and the track stocks rebounded in an all-round way. The Shanghai Composite Index, Shenzhen Composite Index and gem index rose 1.96%, 3.10% and 4.02% respectively. The turnover of Shanghai and Shenzhen stock markets exceeded 950 billion yuan, which was larger than that of the previous trading day, including 413009 billion yuan in Shanghai and 545377 billion yuan in Shenzhen. Data show that on the 30th, the net inflow of funds from the North was 12.726 billion yuan, and the total market value of A-Shares increased by 1.8 trillion yuan.
Analysts said that the short-term market repair market is expected to continue, and in the long run, A-Shares have been in a high cost-effective position.
real estate sector has an eye-catching performance
On the 30th, the A-share market rebounded in an all-round way. In terms of individual stocks, 3784 stocks rose in Shanghai and Shenzhen, and 91 stocks rose by the daily limit; 790 stocks fell, and 7 stocks fell by the limit. Among shenwanyi industries, real estate, building materials and beauty care industries led the increase, rising by 5.69%, 4.91% and 4.41% respectively; Only coal, petroleum and petrochemical, agriculture, forestry, animal husbandry and fishery industries fell, down 2.78%, 0.18% and 0.10% respectively.
The real estate sector set off a wave of limit trading, and nearly 30 stocks in the sector, including Shenzhen Sdg Service Co.Ltd(300917) , Langold Real Estate Co.Ltd(002305) , Tahoe Group Co.Ltd(000732) , Everbright Jiabao Co.Ltd(600622) , rose.
The performance of the large financial sector was also eye-catching, with Hongta Securities Co.Ltd(601236) , Boc International (China) Co.Ltd(601696) daily limit, China stock market news, Gf Securities Co.Ltd(000776) , Guosheng Financial Holding Inc(002670) rising by more than 7%. In the banking sector, China Citic Bank Corporation Limited(601998) rose nearly 5%, while Ping An Bank Co.Ltd(000001) , Zhejiang Shaoxing Ruifeng Rural Commercial Bank Co.Ltd(601528) , Bank of Lanzhou rose more than 3%.
In addition, track stocks also rose across the board. Mao index rose 4.64%, Aier Eye Hospital Group Co.Ltd(300015) in the sector rose more than 10%, Topchoice Medical Co.Inc(600763) , Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) rose 10%, and Kweichow Moutai Co.Ltd(600519) rose 3.79%. Nanjing composite index rose 4.35%, Eve Energy Co.Ltd(300014) , Imeik Technology Development Co.Ltd(300896) and Contemporary Amperex Technology Co.Limited(300750) rose more than 9%, and Contemporary Amperex Technology Co.Limited(300750) rose 6.59%.
Data show that as of the close of the 30th, the total market value of A-Shares was 86.85 trillion yuan, an increase of 1.80 trillion yuan over the previous trading day.
market rebound is expected to continue
The data showed that on the 30th, the net inflow of funds from the North was 12.726 billion yuan, and the single day net inflow reached a new high since December 2021. Judging from the top ten active stocks of Shanghai and Shenzhen Stock connect on the 30th, the net purchase amount of northbound funds of Kweichow Moutai Co.Ltd(600519) , Wuliangye Yibin Co.Ltd(000858) , Luxshare Precision Industry Co.Ltd(002475) and Luxshare Precision Industry Co.Ltd(002475) ranked first, with net purchases of 917 million yuan, 606 million yuan and 541 million yuan respectively; In addition, China stock market news, Yunnan Energy New Material Co.Ltd(002812) , Contemporary Amperex Technology Co.Limited(300750) , Longi Green Energy Technology Co.Ltd(601012) and other funds have been significantly increased by North. Only Aier Eye Hospital Group Co.Ltd(300015) , Byd Company Limited(002594) were net sold by northbound funds of 187 million yuan and 44 million yuan respectively.
Huaan Securities Co.Ltd(600909) chief strategist Zheng Xiaoxia said that the market rebound can be expected to continue. On the one hand, market risk appetite is expected to improve due to external risk mitigation, and the internal stability policy will continue; On the other hand, there is no risk of short-term macro liquidity, while the market valuation is at a low level, and the cost performance of medium and long-term investment is improved.
Zheng Xiaoxia said that the market rotation may be accelerated, and it is suggested to configure around three main lines. First, the stable growth chain has high short-term cost performance, and can continue to participate in the upstream and downstream of the real estate chain, banks and new and old infrastructure. Second, in the medium and short term, we can continue to participate in the opportunities related to the main line of medicine and price increase (planting industry / chemical fertilizer / dairy products). After the inflection point of the epidemic, we can pay more attention to the travel chain (Airport / hotel / catering, etc.). Third, for the growth style, it is suggested to bargain hunting in power equipment, electronics, national defense and military industry, computer and other industries.
