Shock city! On Wednesday (April 13), the three major A-share indexes continued to fluctuate. In terms of hot spots, the warehousing and logistics sector continues to strengthen, and the "coal flying color dance" market has attracted much attention. How should the A-share market respond to the shock? What are the investment opportunities?
On April 13, the three major A-share indexes showed a downward trend of shock. As of the close, the Shanghai Composite Index fell 0.82% to 318682 points, the Shenzhen composite index fell 1.6% to 1156817 points, and the gem index fell 2.25% to 246684 points; The total turnover of the two cities was 873.4 billion yuan, and the net sale of funds from the North was 498 million yuan.
In terms of individual stocks, on Wednesday, the A-share market rose less and fell more. A total of 840 stocks rose and 3782 stocks fell. Among them, 60 stocks closed at the daily limit and 67 stocks fell by the limit.
Trading limit of individual stocks on Wednesday (April 13): p align = "center" tabulation: Zhang Ying
For the future, the industry generally said that the current market is still in the stage of shock grinding and repair.
Citic Securities Company Limited(600030) believes that the main driver of A-Shares has switched from sentiment to fundamentals, while the negative impact of the economy on the market is weakening, and a number of pessimistic expectations in the market bottomed out in advance of the fundamental data. First, it is expected that the gradual turning point of China's local epidemic and the rebalancing of prevention and control policies will underpin the fundamental expectations; Secondly, the economic and financial report data disclosure starting in mid April is expected to further strengthen the urgency of the implementation of the steady growth policy; Finally, we expect that the steady growth policy with real estate and monetary policy as the main focus in the near future will shift from comprehensive development to centralized development, so as to promote the gradual repair of fundamental expectations.
Guosheng Securities pointed out that the current downward trend of the market has not been effectively reversed, and interference factors such as peripheral Russia Ukraine conflict and fed interest rate hike still exist; The covid-19 epidemic situation in China is still severe, the downward pressure on the economy is still large, and the market is still likely to maintain the trend of shock and grinding bottom for a long time. In terms of operation, it is not pessimistic on the whole. The rapid rotation of the sector makes the short-term operation more difficult. Control the overall position and choose the opportunity to absorb at a low price. Under the expectation of "steady growth" and counter cyclical regulation, pay close attention to the introduction and implementation of various regulation policies. As the pacesetter of "steady growth", the infrastructure sector continues to pay attention. At the same time, in the context of inflation, the future performance of the chemical, consumer and supermarket retail sectors can be expected and can be concerned about bargain hunting.
Xiangcai Securities believes that it is an indisputable fact that the hot spots in the current market are constantly rotating. The hot money doesn't care whether the market index falls at all. It only needs to focus on the hot spots and continue to participate. After the end of one hot spot, it is replaced by another hot spot that has just been started, so it goes round and round.
At the same time, public funds, private placement and other institutions have also expressed their views on the future market. Hu Bo, manager of Rongzhi investment fund under private placement paipai.com, believes that in the short term, the epidemic has repeatedly impacted the economy, and it may still have to wait for the bottom of the stock market. However, we are still optimistic about the second quarter. Although the current repeated epidemic has led to economic uncertainty, geopolitical and other risks in the external market still exist, and the continuous buying of mainstream funds is very obvious, which means that some funds have been optimistic about the investment value of the current position, so as to judge that the most pessimistic time of the market has passed. With the gradual implementation of relevant stimulus policies in the later stage, The whole A-share market may usher in a rebound.
Tong Diyi, general manager of longying fuze assets, said that today's market fluctuated again, indicating that the current market is still in the bottom seeking stage. Objectively speaking, there are still some pressures at present, but we can also see some supporting factors, including the continuous force of policies at the level of stable expectation and steady growth, the peak of this wave of epidemic seems to be passing, and the overall position and valuation of the current market are not high. On the whole, there is still pressure, but the systemic risk is not large. There is a greater probability of shock bottom seeking and shock improvement.
Liu Yan, chairman of anjue assets, believes that at present, the superposition of many negative news has led to an increased sense of panic in market funds. If the government can launch more active economic stimulus policies as soon as possible and the problem of clearing the epidemic in China can be solved as soon as possible, the market is still expected to have a large-scale rebound. On the contrary, the market will remain volatile and downward in the medium and short term.
In terms of hot spots, on Wednesday, specifically, the unified market sector led the rise, and 13 individual stocks such as New Trend International Logis-Tech Co.Ltd(300532) , Cimc Vehicles (Group) Co.Ltd(301039) and so on collectively rose by the limit; Logistics, coal mining and processing, metal zinc, metal lead, intelligent logistics and other sectors were active; NFT concept sector led the decline, with digital currency, prefabricated buildings, cloud games and other sectors leading the decline. Today, Junxin shares landed on the gem, down 10.17%; Jindao technology landed on the gem, up 18.62%.
hot spot I: warehousing and logistics sector soared by nearly 5%, and 4 shares collectively rose by the limit
On Wednesday, the warehousing and logistics sector rose against the market and broke out again. As of the close, the sector rose the most, reaching 4.61%. Four concept stocks rose by the collective limit. In addition, Jiangsu Feiliks International Logistics Inc(300240) and Jiangsu Xinning Modern Logistics Co.Ltd(300013) rose by more than 10%.
China Merchants Securities Co.Ltd(600999) analysis shows that looking forward to the future, the demand for food supply chain and medical logistics is increasing rapidly. At the same time, the improvement of temperature control technology and the improvement of industry standards also drive the development of cold chain logistics industry into a new stage, and the growth potential of the industry is still large.
hot spot 2: the rise of coal and oil sector increased by nearly 4%
On Wednesday, the coal and oil sector rose. As of the close, the sector rose by 3.81%, and four shares including Guizhou Panjiang Refined Coal Co.Ltd(600395) , Anyuan Coal Industry Group Co.Ltd(600397) , China Coal Energy Company Limited(601898) and Pingdingshan Tianan Coal Mining Co.Ltd(601666) collectively rose by the limit.
For the investment in coal stocks, Zhongtai Securities Co.Ltd(600918) the research point of view is that high performance is realized and the allocation value is prominent. Under the influence of policy pressure and falling demand in the off-season, the coal price has a seasonal correction, but this does not change the long-term high boom trend of the industry; Coal enterprises have successively released annual reports and forecasts of the first quarter report. The performance growth rate is generally fast, and most of them have exceeded expectations; Leading companies paid a high proportion of dividends, boosted market sentiment and continued to be optimistic about the future market.
hot spot III: non ferrous metals rose by more than 1% and Jinhui shares rose by the limit
On Wednesday, the non-ferrous metal sector performed well. As of the close, the sector rose by 1.06%, and Jinhui shares rose by the limit.
In this regard, Cinda Securities pointed out that under the background of the "double carbon" goal, it attaches importance to the historic investment opportunities of new energy and new materials, and focuses on new energy metals with strong demand and weak supply pattern and new metal materials benefiting from industrial upgrading and domestic substitution. The strong constraints on the supply of metal resources caused by long-term low capital expenditure will support the high operation of non-ferrous metal prices in the next few years. At the same time, with the upward inflation expectation and the continuous easing of China's monetary policy, non-ferrous metal resource enterprises will usher in investment opportunities for value revaluation.
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