Anti pumping and general rise! On Tuesday (April 12), the three major A-share indexes rose across the board, the Shanghai index returned to 3200 points, and the gem index also successfully stood at 2500 points. Hotspots, housing, catering, Turisthotellet, Baijiu and brokerage firms are strengthening, and over 100 shares are trading. At the same time, the large influx of funds to the North exceeds 9 billion yuan. Can the rebound market of A-Shares be opened?
On Tuesday, the three major A-share indexes rose by more than 1%. As of the close, the Shanghai index rose 1.46% to 321333 points, the Shenzhen Composite Index rose 2.05% to 1175638 points, and the gem index rose 2.5% to 252369 points. The total turnover of the two cities was 916.5 billion yuan; The net purchase of northbound funds was 9.137 billion yuan.
In terms of individual stocks, on Tuesday, the A-share market rose more or fell less, with a total of 3753 stocks rising and 861 stocks falling. Among them, 111 stocks closed at the daily limit and 27 stocks fell by the limit.
Trading limit of individual stocks on Tuesday (April 12): p align = “center” tabulation: Zhang Ying
For the trend after the rebound of a shares, institutions generally said that the current market is still at the bottom stage, and the probability will continue the shock pattern.
Guosheng Securities said that the continuous adjustment of the gem index in the high valuation sector since last year and the decline of market risk appetite have led to continuous decline. The market has adjusted for four consecutive months, and the gem refers to the adjustment from the 3522 high point has entered the fifth wave of decline. Each adjustment in the history of A-Shares is a blow to market confidence. The external geopolitical situation, the Fed’s expectation of raising interest rates and the impact of the Chinese epidemic have amplified the characteristics of normal market fluctuations. At present, the market is still in the bottom grinding stage and the verification period of stable growth policy, and the probability will continue to fluctuate. With the adjustment of the market, the risk is gradually released. The implementation of the steady growth policy may be the core driving force of the market. It is suggested to pay attention to position control, pay attention to the infrastructure and real estate sectors related to the main line of steady growth, the coal and chemical sectors under the logic of inflation, and the short-term active retail and prefabricated vegetable sectors of supermarkets.
Sealand Securities Co.Ltd(000750) pointed out that the steady growth sector is the direction with the least resistance at present, focusing on real estate, infrastructure and banks benefiting from the stabilization expectation of the real estate chain. The post cycle sector focuses on coal, petroleum and petrochemical, agriculture, forestry, animal husbandry and fishery with strong price rise expectations. The boom growth sector focuses on the undervalued growth sector with sufficient adjustment in the early stage and the current cost performance has begun to show, including medicine and biology.
At the same time, institutions such as public funds and private placement also expressed optimistic views on the future market. Lang Chengcheng, general manager of the research department of Furong fund, believes that at present, the market continues the trend of bottom shock. Economically, the impact of China’s epidemic on the economy continues, and the expectation of steady growth continues to ferment. In the first quarter, local bonds and special bonds increased rapidly. In the short term, the steady growth value sector has become a safe haven. We believe that the boom track, as an industry with rapid growth in the next two to three years, will continue to show its configuration value as the valuation enters a reasonable or even undervalued range. Therefore, we still suggest a relatively balanced layout in the short term and follow-up attention: 1. Pay attention to the individual stocks with better than expected performance in the growth track, such as semiconductors, photovoltaic, medicine and so on. 2. “Real estate chain” and “new and old infrastructure” based on the expectation of fiscal policy.
Lei, chief research official of Xingshi investment, said that at present, market confidence still needs to be improved, short-term fluctuations are inevitable, and one-day ups and downs can not change the fact that the medium and long-term cost performance is prominent. If the time is prolonged, the main factors that suppress the sentiment of the stock market will be alleviated. The short-term volatility of the epidemic between China and the United States will fade further, and the possibility of interest rate reversal will be greatly reduced. At present, the market is still in the stage of shock and bottom grinding. In the medium term, the market opportunities outweigh the risks. On the one hand, although the policy is based on the long-term, economic stabilization is also a probability event. The turning point of fundamentals will greatly enhance market confidence. At present, we need to wait for the turning point of the epidemic and the continuous implementation of the steady growth policy to form a joint force. On the other hand, reasonable valuation is an important support for the medium and long-term improvement.
Wang Lei, director of Jurong asset investment, believes that the market generally rose today. Stimulated by the news, consumer stocks rebounded sharply, and consumer sectors such as hotels, transportation, food and beverage and retail rose ahead. In terms of investment, it is suggested to focus on valuation depressions. Although there are many short-term impact factors in the market, undervaluation will provide a thicker safety cushion for investment. It is suggested to grasp industries with better certainty of valuation and performance, such as building materials, household appliances, medicine and banks; At the same time, the global energy is in short supply, and the energy industry, as an elastic target, can also choose the opportunity to do the band.
Liu Cunxin, assistant manager of Rongzhi investment fund under private placement paipai.com, believes that the market is still gradually grinding to the bottom and will last for a certain period of time. At present, we need to continue to pay attention to the inflection point of inflation peaking, which is probably the inflection point at the bottom of the stock market. The executive meeting of the State Council continued to emphasize steady growth, and the real estate policy began to relax. It is believed that the central bank will further cut interest rates and reserve requirements to deal with the Fed’s interest rate increase and contraction. Investors are advised to focus on stability in the short term and pay attention to sectors such as traditional infrastructure, real estate and related industrial chains with stable demand. Pay long-term attention to national policies, epidemic situation and geopolitical conflicts, and increase positions on bargain hunting for high-quality undervalued enterprises in a high boom track.
In terms of hot spots, on Tuesday, the hotel and catering sector led the rise, and eight stocks, including Zhejiang Ssaw Boutique Hotels Co.Ltd(301073) , Btg Hotels (Group) Co.Ltd(600258) and so on, collectively rose by the limit; Scenic spots and tourism, airport shipping, duty-free shops, beverage manufacturing, online tourism and other sectors were active; REITs concept sector led the decline, and genetically modified, real estate development, glyphosate, chemical fertilizer and other sectors led the decline. Today, Weijie Chuangxin landed on the science and innovation board, down 36.04%; Haichuang pharmaceutical landed on the scientific innovation board, down 29.87%; Red smart landed on the gem, up 5.00%.
hot spot I: Catering and tourism sectors broke out together Zhejiang Ssaw Boutique Hotels Co.Ltd(301073) 20cm limit
On Tuesday, the accommodation and catering sector and tourism hotel sector broke out together, with an increase of 9.83% and 7.09% respectively as of the close. Specifically, 16 tourism stocks went straight to the daily limit, Zhejiang Ssaw Boutique Hotels Co.Ltd(301073) 20cm daily limit.
Recently, the Ministry of culture and tourism and other six departments jointly issued the opinions on promoting the revitalization of rural areas enabled by cultural industry to enable rural economic and social development. Meituan takeout announced that it would launch the “prosperity plan” to support all merchants.
In this regard, East Asia Qianhai Securities believes that the current entry-exit and travel restrictions in some parts of China still have an impact on tax-free, tourism, hotels, catering and other industries, but do not change the long-term prosperity of the industry. With the introduction of relief policies such as tax relief and the gradual improvement of epidemic prevention and control capacity, the prosperity of the industry is expected to accelerate the recovery.
hotspots two: Baijiu sector up to 4.42%6 shares collective trading
On Tuesday, the Baijiu liquor company continued strong news, and the liquor sector rebounded. As of the close, the sector rose 4.42%. Among them, 6 Baijiu collective trading.
China Securities Co.Ltd(601066) Securities believes that Baijiu sector is good in the Spring Festival rush season and dynamic sales. A quarterly high growth has become a certainty. Over the past two years, the growth of high-end Baijiu has been steady, and the high-end Baijiu liquor has maintained a rapid growth under the influence of the epidemic. From the valuation point of view, not considering the adjustment of valuation last year, since the beginning of this year, Baijiu sector callback exceeded 20%, valuations have dropped significantly, leading liquor enterprises strong fundamentals remain unchanged.
hot spot 3: brokerage sector rose by more than 3% and 2 shares rose together
On Tuesday, the brokerage sector, known as the “flag bearer of the bull market”, rose higher. As of the close, the sector rose by 3.19%, of which two stocks, including Hongta Securities Co.Ltd(601236) , Boc International (China) Co.Ltd(601696) and Boc International (China) Co.Ltd(601696) rose together.
In this regard, Guosen Securities Co.Ltd(002736) said that under the expectation of steady growth, the reform of the capital market has been strengthened, which is expected to become a catalyst for the securities market. At present, Pb valuation in the securities industry has a high margin of safety. With the promotion of capital market reform and the growth of residents’ demand for wealth management, securities companies usher in new opportunities for development. In the context of capital market reform, leading securities companies have advantages in capital strength, risk management ability, research pricing ability and business layout. In addition, it is also suggested to pay attention to the unique internet securities companies and small and beautiful characteristic securities companies.
