On April 7, the shock of the two cities weakened. As of the close, the Shanghai index fell 1.42%, the Shenzhen composite index fell 1.65% and the gem index fell 2.10%.
In terms of sectors, cement and coal sectors led the increase. Pork, digital currency, real estate and other sectors led the decline.
Specifically, the cement sector performed strongly Ningbo Fuda Company Limited(600724) , Yunnan Bowin Technology Industry Co.Ltd(600883) , Hainan Ruize New Building Material Co.Ltd(002596) limit, Jinyuan Ep Co.Ltd(000546) , Tibet Tianlu Co.Ltd(600326) and other stocks followed the rise.
Real estate stocks adjusted today, with Cinda Real Estate Co.Ltd(600657) , Shahe Industrial Co.Ltd(000014) , Beih-Property Co.Ltd(600791) , Beijing Dalong Weiye Real Estate Development Co.Ltd(600159) and other stocks falling by the limit.
Digital currency stocks continued to decline, Chutian Dragon Co.Ltd(003040) , Sinodata Co.Ltd(002657) fell by the limit, Northking Information Technology Co.Ltd(002987) , Beijing Cuiwei Tower Co.Ltd(603123) , Hengbao Co.Ltd(002104) fell by more than 7%.
According to the data, the net sales of northbound funds throughout the day were 609 million yuan, including 638 million yuan for Shanghai Stock connect and 1.247 billion yuan for Shenzhen Stock connect.
[institutional perspective]
Yingda Securities:
Macroeconomic environment and monetary policy are important variables affecting the trend of a shares. The valuation and supply-demand relationship of A-Shares also play a vital role in the trend of a shares. In terms of macro economy, we will focus on steady growth. In terms of monetary policy, the Federal Reserve’s monetary policy continues to tighten marginally, while China continues to relax. “Tightening outside and loosening inside, focusing on me” is the main tone. In terms of valuation, it is at a historically low level as a whole.
After the adjustment in the first quarter, under the protection of policies, the support of fundamentals and the boost of liquidity, A-Shares will usher in the bottom recovery in the second quarter. At present, A-Shares have good medium and long-term investment performance price ratio, and can focus on the direction of steady growth and post epidemic repair.
Capital Securities :
The market will look for a new pricing equilibrium after the rebound. In the short term, there are certain variables in geopolitics, the trend of China’s epidemic, the implementation of stable growth policy and the upward range of US debt. It is suggested to follow up and wait-and-see and respond flexibly. The undervalued value is still relatively dominant, but the structural differentiation may enter the middle and late stage. The Treasury bond yield center may remain low in the current range, and it may take some time for the market to repair economic expectations.
\u3000\u3000 Caida Securities Co.Ltd(600906)
At present, the market is still in the stage of building a phased bottom, with frequent conversion of leading hot spots. It is more likely to continue to fluctuate slightly in the short term in the future. You can pay close attention to the change of volume and energy and patiently wait for the emergence of the time point of change. In the second quarter, we focused on the policy direction of steady growth: finance, real estate, new infrastructure, etc.
