The Shanghai and Shenzhen composite indexes closed red in shock, and individual stocks rose generally.
Driven by the rise of the overnight peripheral market and the impact of China’s positive monetary policy, the three major A-share indexes opened higher. In early trading, there was a trend of index differentiation. The strength of heavyweights led the Shanghai and Shenzhen stock index to rise by more than 1%, while the record index plunged to a new low in the year. In the afternoon, the Shanghai and Shenzhen stock markets returned to the upward trend, and the rise of chip stocks led the Chuang index to turn red for a time.
By the closing on April 14, the Shanghai Composite Index rose 1.22% to 322564 points; The Kechuang 50 index rose 1.11% to 975.57 points; The Shenzhen Composite Index rose 1.27% to 1171462 points; The gem index fell 0.02% to 246629.
Statistics show that 3186 in the two cities rose, 1385 fell and 197 flat.
On April 14, the total turnover of Shanghai and Shenzhen stock markets was 870.1 billion yuan, a decrease of 3.3 billion yuan from 873.4 billion yuan on the previous trading day. Among them, the turnover of Shanghai stock market was 401.2 billion yuan, an increase of 3 billion yuan over 398.2 billion yuan on the previous trading day, and that of Shenzhen stock market was 468.9 billion yuan.
A total of 93 stocks in Shanghai and Shenzhen rose by more than 9%, and 25 stocks fell by more than 9%.
Shanghai and Shenzhen Stock connect (northbound) suspended trading.
covid-19 test sector rose higher
In terms of sectors, covid-19 detected that the growth of the sector was ahead, and the limit of Guangzhou Wondfo Biotech Co.Ltd(300482) ( Guangzhou Wondfo Biotech Co.Ltd(300482) ), Wuhan Easy Diagnosis Biomedicine Co.Ltd(002932) ( Wuhan Easy Diagnosis Biomedicine Co.Ltd(002932) ), Andon Health Co.Ltd(002432) ( Andon Health Co.Ltd(002432) ), Beijing Hotgen Biotech Co.Ltd(688068) ( Beijing Hotgen Biotech Co.Ltd(688068) ), Thalys Medical Technology Group Corporation(603716) ( Thalys Medical Technology Group Corporation(603716) ) or more than 10% rose.
Baijiu shares were gratifying, Gansu Huangtai Wine-Marketing Industry Co.Ltd(000995) ( Gansu Huangtai Wine-Marketing Industry Co.Ltd(000995) ), Tian you de ( Qinghai Huzhu Barley Wine Co.Ltd(002646) ) and other trading, Xinjiang Yilite Industry Co.Ltd(600197) ( Xinjiang Yilite Industry Co.Ltd(600197) ) was once trading, Jiugui Liquor Co.Ltd(000799) ( Jiugui Liquor Co.Ltd(000799) ), Jiangsu King’S Luck Brewery Joint-Stock Co.Ltd(603369) ( Jiangsu King’S Luck Brewery Joint-Stock Co.Ltd(603369) ), Anhui Gujing Distillery Company Limited(000596) ( Anhui Gujing Distillery Company Limited(000596) ), Luzhou Laojiao Co.Ltd(000568) ( Luzhou Laojiao Co.Ltd(000568) ) and so on rose more than 5%.
The flash crash of Chongqing Zhifei Biological Products Co.Ltd(300122) ( Chongqing Zhifei Biological Products Co.Ltd(300122) ) fell by more than 15%, leading the decline of vaccine sector. Beijing Wantai Biological Pharmacy Enterprise Co.Ltd(603392) ( Beijing Wantai Biological Pharmacy Enterprise Co.Ltd(603392) ) once fell to the limit, and Cansino Biologics Inc(688185) ( Cansino Biologics Inc(688185) ) fell by more than 4%.
Semiconductors once led the decline, with Wuxi Etek Microelectronics Co.Ltd(688601) ( Wuxi Etek Microelectronics Co.Ltd(688601) ), Dongwei semiconductors (688261), Hangzhou First Applied Material Co.Ltd(603806) ( Hangzhou First Applied Material Co.Ltd(603806) ), Ja Solar Technology Co.Ltd(002459) ( Ja Solar Technology Co.Ltd(002459) ) falling by more than 1%.
focus on defense and bargain hunting in batches
The absorption index is expected to remain at the bottom of the 211 region. At present, the recent policy side has frequently released positive signals. In particular, at the national standing committee meeting yesterday, it was decided to timely use monetary policy tools such as RRR reduction to further strengthen financial support for the real economy, especially industries seriously affected by the epidemic, small, medium-sized and micro enterprises and individual industrial and commercial households, make reasonable profits to the real economy and reduce comprehensive financing costs. Therefore, after yesterday’s risk release, the market began to pick up under the stimulation of the news. However, the effect of short-term policy stimulus still needs time to be verified. Especially in the case of the impact of the epidemic and the uncertainty of the peripheral market, the improvement of market sentiment and the improvement of enterprise profit expectation need to be gradually repaired. Therefore, the market probability will still maintain the bottom shock pattern in the short term.
In terms of configuration, Guotai Junan Securities Co.Ltd(601211) believes that it is still dominated by defense and bargain hunting in batches. At present, it is in the disclosure period of the first quarterly report of the annual report. It is suggested to focus on the dividend sector with higher than expected performance, undervalued value and high dividend. In addition, due attention can be paid to the steady growth direction benefiting from the support of economic policies, including real estate, building materials, steel, etc. In addition, securities, banks and major financial directions in value depressions can also be paid due attention.
For the recent market trend, Aijian Securities believes that the market is still in shock consolidation, the weight related to steady growth performs well, the market value of small and medium-sized growth is relatively weak, the market is still in the game of stock funds and the sectors rotate. Short term uncertainty still exists, but the development trend is good. The market environment is basically stable and good, so it is not suitable to be pessimistic. Of course, uncertainties still exist, so the market mentality is still cautious, and the shock recovery will be the main rhythm. In this position, we are not sad or happy. We are more involved in market transactions, pay attention to the adjustment risk of high-level theme sectors, and pay attention to the sectors with low start signs.
Guosheng Securities believes that the market performance is relatively flat after the Qingming holiday, mainly due to the hawkish attitude of the Federal Reserve and the impact of the epidemic, the negative impact on market sentiment has been fermented for a long time, and the trading structure is also inclined to the stable growth sectors such as infrastructure and real estate. As the policy tone of the national Standing Committee remains positive, macro-control tends to be loose, and the implementation of structural support policies is expected to accelerate. At the same time, the disclosure of the annual report is coming to an end, the economic data of the first quarter will be released soon, and the policy effect and industry prosperity will be verified. The capital may return to the stock market, and the pessimism is also expected to be repaired. It is expected that the index after the bottom will return to the upward trend. In terms of investment, it is suggested to maintain the balanced allocation of growth and value. In terms of operation, before the effective upward breakthrough in the market, we should still control the overall position and be suitable for low absorption. “Stable growth” will become the main logic driving the operation of the market. We should pay attention to the undervalued and low configured traditional infrastructure such as banks and real estate, building materials, wind power, photovoltaic and other new infrastructure. It is suggested to properly layout the theme sectors such as the price rise of chemical fertilizers and industrial products in combination with the performance and cost performance.
