On January 10, the stock index bottomed out in the morning and rose in the afternoon; After the Shenzhen Component Index stabilized and rebounded in the morning, it fluctuated strongly, and the gem index rose and fell in the morning, turning green again in the afternoon; The turnover of the two cities remained above trillion yuan, with a large inflow of funds from the north in the afternoon and a net purchase of more than 4.7 billion yuan throughout the day.
As of the close, the stock index rose 0.39% to 3593.52 points, ending four consecutive days of decline; The Shenzhen Composite Index rose 0.44% to 14406.97 points, and the gem index fell 0.04% to 3095.69 points; The total turnover of the two cities was 1051.4 billion yuan, and the net purchase of northbound funds was 4.758 billion yuan.
On the disk, agriculture, covid-19 testing, generic drugs, biological vaccines and other sectors led the increase, while coal, home furnishings, software, real estate, textiles and clothing, automobiles and other sectors strengthened, while oil, electricity, wine and other sectors weakened;
With regard to the current market trend, Shanxi Securities Co.Ltd(002500) said that at present, the A-share market as a whole still shows an obvious structural market. In the window period of overseas interest rate hike, China is still expected to maintain a reasonable margin of liquidity. With this support, the market may enter the “high-low switching” stage, and the undervalued sector is expected to be the first to be repaired, Previously, some track stocks with high congestion may face greater selling pressure in the adjustment. On the whole, “structural bull” will become the main line of market style throughout 2022. At present, it may coincide with the better allocation period of switching to low market blue chips. It is suggested to actively adjust positions and grasp the opportunities in the “high-low switching” of the market.
Industry Securities said it continued to be optimistic about the undervalued repair market. For the “new half army” and other hard science and technology plates, combined with the five crowding index and previous callbacks, the current adjustment space has been relatively adequate. In the short term, on the one hand, grasp the phased opportunities for the repair of undervalued real estate chain, infrastructure chain and securities companies, on the other hand, lay out “small high-tech” with long fighting short and bargain hunting. Focus on three directions: 1) real estate chain and infrastructure chain: on the one hand, benefiting from marginal changes in policies, “steady growth” is expected to rise. The economic work conference called for “moderately advanced infrastructure investment” and “promoting the construction of indemnificatory housing”. On the other hand, the subsequent monetary and credit is expected to be further relaxed, which will also bring about the valuation repair of infrastructure, real estate and other sectors. 2) Securities companies: the economic work conference proposed to “fully implement the stock issuance registration system”, which is expected to support the long-term performance of securities companies. At the same time, with the continuous deduction of the cross-year market, as a plate with strong linkage with the market, securities companies β Attributes will also be fully interpreted and released. 3) The scientific and technological growth represented by “small high tech” is arranged on a bargain hunting basis. Recently, the scientific and technological growth plate has been adjusted, which is mainly disturbed by factors such as position, mood and style. However, in combination with the five congestion indicators and previous callbacks, the space for subsequent adjustment may be limited. In the medium and long term, scientific and technological growth is still the inevitable choice for high-quality development and bigger cake under common prosperity. It is also one of the most distinctive themes of the times to meet the urgent need to improve scientific and technological competitiveness and get rid of the “neck stuck” dilemma under the background of the game between China and the United States.
(source: Securities Times)
