[pre disk interpretation]
On Monday, due to the failure of expectations, the resurgence of peripheral conflicts and the serious epidemic situation in China, the market opened low and walked low, and there was no decent resistance all day. In the early stage, we have always believed that there is a risk of falling back in the clearance. Strategically, it is suggested to reduce positions at high prices. At present, although the index adjustment is stronger than expected, the action of reducing positions in the early stage is at the right time.
On the disk, individual stocks fell generally. In the sector, agriculture and logistics rose only supported by good news, while the rest were affected by the index’s return to varying degrees. Lithium battery and other related sectors ranked first in the decline list, mainly because the epidemic affected the shutdown of some new energy vehicle factories, Contemporary Amperex Technology Co.Limited(300750) fell by more than 7%, dragging down the index. At the same time, the brewing sector also adjusted significantly because the Federal Reserve entered the channel of raising interest rates and foreign capital outflow.
Technically, the Shanghai stock index fell below 3200 points yesterday and approached 3150 points of support. In this weak pattern, the index does not rule out the possibility of inertial downward exploration. The daily level of bottom reading and top escape index changes from red to green, while the small time-sharing level maintains the green column. The short-term funds are still mainly outflow. Pay attention to controlling the position at 30-40%, focusing on defense.
In terms of strategy, the overall market sentiment has been poor recently, and the rebound has continued to be subject to capacity. However, in the absence of substantial negative news, it is also unexpected for A-Shares to go like this. Objectively speaking, there is no problem with market shock bottoming and restorative market, but the risk of periodic fluctuation is increased. Before the market bottom is clear, there is a process of repeated shock game. In the direction, the short-term first focuses on wait-and-see, and later focuses on whether the weights such as big finance can protect the market and stop the decline.
[message side]
The CSRC, SASAC and the all China Federation of industry and Commerce put forward 12 measures to support the development of listed companies and maintain the stability of the capital market.
The three departments have made it clear that all kinds of market subjects are treated equally, and no additional conditions and invisible thresholds are set; Support listed real estate enterprises to actively transform to a new development model in accordance with laws and regulations; Exempt the listed company from the initial listing fee, annual fee and online voting service fee in 2022; Encourage and support social security, pension, trust, insurance and financial institutions to allocate more funds to equity assets; Encourage listed companies to buy back shares for equity incentive and employee stock ownership plans, and support qualified listed companies to buy back shares to stabilize the stock price; Major shareholders, directors, supervisors and senior managers should carefully formulate the reduction plan; Support listed companies to increase the proportion of cash dividends in profit distribution; Give active guidance and support to share repurchases and cash dividends of state-controlled listed companies.
[short term hot spot]
According to media reports, domestic game titles have been restarted since the suspension of issuance in July last year. According to documents learned from relevant people, a number of game titles have been approved by the State Press and Publication Administration and signed on April 8. This round involves approved games, including Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) , dream navigation of heart company, Party star of heart company, tower hunter of thunder network, a subsidiary of G-Bits Network Technology(Xiamen)Co.Ltd(603444) and so on.
It is reported that recently, many Shanghai citizens reported that the supply of their home oxygen cylinders is about to be cut off. It is understood that Shanghai Shenwei medical gas company supplies more than 90% of household oxygen bottles in Shanghai, but the company stopped production because it was found that the filling factory employees were positive in the early stage.
[European and American stock markets]
US stocks fell across the board. The Dow fell 1.19% to 3430808 points, the S & P 500 index fell 1.69% to 441253 points, and the NASDAQ fell 2.18% to 1341196 points.
Most of Europe’s major stock indexes ended lower. Germany’s DAX index fell 0.64% to 1419278 points, France’s CAC40 index rose 0.12% to 655581 points, Britain’s FTSE 100 index fell 0.67% to 761831 points, Italy’s FTSE MIB index fell 0.28% to 2474949 points, and Europe’s stoxx600 index fell 0.65% to 457.99 points.
