On Wednesday (April 6), the three major A-share indexes fluctuated, and the Shanghai index rose slightly; The total turnover of the two cities was 9660.6 yuan, and the net sale of funds from the North was 5.321 billion yuan. In terms of hot spots, real estate, steel, education, traditional Chinese medicine and other sectors strengthened one after another. At the same time, more than 100 shares rose by the limit. After the continuous rebound of a shares, can the market continue?
Trading limit of individual stocks on Wednesday (April 6):
Prepared by: Zhang Ying
For the trend after the rebound of a shares, institutions generally said that the positive factors in the market are gradually accumulating, and this round of trend rebound is expected to continue.
Huaxi Securities Co.Ltd(002926) indicates that there is a high probability of "shock upward after grinding". After the resumption of trading in 2008, A-Shares have bottomed all over the time, and the construction of the market bottom is often not achieved overnight. The disturbance of external factors or concerns about economic fundamentals may make the market grind the bottom again. The Shanghai stock index is near Jinlong Machinery & Electronic Co.Ltd(300032) 00 points or a relatively solid bottom. In the future, there is a high probability of upward shock after A-share bottom grinding.
China Industrial Securities Co.Ltd(601377) believes that at present, it is still the window of emotional repair, and the consolidation of index shock focuses on structure. Structurally, it focuses on three directions: real estate + high dividend + the first quarterly report is higher than expected. First, real estate: on the one hand, the marginal relaxation of real estate policy is expected to continue to heat up, which is expected to drive the real estate valuation of state-owned enterprises to further repair. On the other hand, the gradual resolution of real estate credit risk also brings opportunities for the supplementary rise of relevant targets. Secondly, high dividends (banks and securities companies): the global market is still in a chaotic situation of high waves. High dividend sectors such as banks and securities companies are both safe and policy driven, and can attack and retreat. Third, the first quarterly report exceeded expectations (semiconductor, chemical industry, military industry, medicine, nonferrous metals, photovoltaic and coal).
At the same time, institutions such as public funds and private placement also expressed optimistic views on the future market. Liu Cunxin, assistant manager of Rongzhi investment fund under private placement paipai.com, believes that at present, the market performance is stable, but the mood is in a more cautious state. We believe that the stock market will continue to fluctuate at a low level before more proactive policies are introduced and the fundamental bottom is reached. After the fundamental bottom, there is a chance to form a "U-shaped bottom". It is suggested that investors should focus on defensive investment and invest in the track with greater certainty.
Zhao Yuanyuan, investment director of Jianhong times, said that strong shocks will be maintained until mid April. In terms of investment opportunities, in the medium term, we can focus on the large cycle sectors related to maintaining growth, such as real estate industry chain, building materials, industrial raw materials, water conservancy / pipe network, old area reconstruction and so on. In the future, under the co shock of multiple factors such as the remarkable effect of stimulus policies, the improvement of the epidemic situation and the warmer weather, the large cycle may become the sector with the most obvious excess benefit.
Yuan Huaming, general manager of Huahui Chuangfu investment, believes that the current market is repeatedly suppressed by overseas conflicts and China's epidemic situation. At the same time, it is also supported by China's economic resilience and the continuous introduction of stable growth policies and measures. From the trading volume and other indicators, the market sentiment is still cautious, and the market is generally at the bottom stage. In the medium and long term, the opportunities of the A-share market are greater than the risks.
In terms of hot spots, on Wednesday, steel and real estate sectors rose strongly, education, oil, home furnishings, building materials, construction, banking, tourism, medicine, agriculture and other sectors strengthened, while semiconductor, aviation, lithium mine, lithium battery, photovoltaic and other sectors weakened.
hot spot I: the real estate sector continued to strengthen, and 17 shares rose by the limit in batches
On Wednesday (April 6), the real estate sector continued to strengthen. As of the closing, the sector rose the most, up to 3.36%. 17 stocks rose by the limit in batches, Cccg Real Estate Corporation Limited(000736) 7 linked board, China Wuyi Co.Ltd(000797) 4 linked board.
Shenyin Wanguo Securities believes that in view of the recent frequent voice of the government to emphasize stabilizing the economy, steady growth and preventing and controlling financial risks, while stabilizing the economy urgently needs to stabilize the real estate, it is expected that the policy repair at both ends of supply and demand of the real estate industry is expected to accelerate, and will promote the optimization of the industry pattern and further increase the concentration, and the high-quality real estate enterprises are expected to usher in a double rise in quantity and quality.
hot spot 2: the rise of ferrous metals took the lead, with an increase of 4.82%
On Wednesday, the ferrous metal sector rose by 4.82%. Among them, three steel stocks including Hunan Valin Steel Co.Ltd(000932) , Xinjiang Ba Yi Iron & Steel Co.Ltd(600581) and Anyang Iron & Steel Inc(600569) collectively rose the limit.
In this regard, Citic Securities Company Limited(600030) analysis believes that the demand side of steel will be more resilient this year. The policy tone of steady growth and the favorable real estate will be gradually released, so that the downstream rigid demand will be further guaranteed. It is expected that the industry configuration pattern will gradually shift from slow rise on the left to rapid rise on the right, and the industry configuration price is more prominent.
hot spot 3: Traditional Chinese medicine sector rose 2.69% Xiangxue Pharmaceutical Co.Ltd(300147) 20cm limit
On Wednesday, affected by the positive impact, the traditional Chinese medicine sector performed well. As of the closing, the sector rose by 2.69%, and 13 concept stocks collectively rose by the limit, of which Xiangxue Pharmaceutical Co.Ltd(300147) 20cm rose by the limit.
Citic Securities Company Limited(600030) said that the traditional Chinese medicine sector has been in a period of confusion and dilemma at the bottom for a long time, and it is expected to usher in a dilemma reversal in 2022; In recent years, the state has vigorously supported the development of traditional Chinese medicine and continuously issued relevant policies. The approval criteria for innovative traditional Chinese medicine are also constantly standardized. Under the supply side structural reform, incremental logic has been ushered in; In the context of the overall valuation correction of the pharmaceutical sector, the Chinese medicine sector, as an undervalued and policy haven, is expected to usher in valuation remodeling.
Lang Chengcheng, general manager of the research department of Furong fund, believes that the traditional Chinese medicine sector, as a sector with low current valuation and relatively certain growth, we remain optimistic about the traditional Chinese medicine sector. In terms of traditional Chinese medicine, there are frequent favorable policies, deep industry barriers and smooth brand logic. With the improvement of national self-confidence and the strengthening of national cultural identity, as a logic of consumer goods, the market prospect of traditional Chinese medicine is quite broad.
