On Wednesday, A-Shares fell. The Shanghai Composite Index fell 1.35% to 315105 points. The decline of other stock indexes was not much different, but the gem composite index fell 2.70% due to the drag of heavyweights. Northbound funds sold a net 5.288 billion yuan throughout the day. In related markets, U.S. stocks generally rose overnight, and China’s Hong Kong stock market fell slightly on Wednesday.
The most eye-catching stock in the session is undoubtedly the former super Bull Stock Sungrow Power Supply Co.Ltd(300274) , which recorded a 20% large limit, but also dragged down similar stocks, such as Contemporary Amperex Technology Co.Limited(300750) down 7.55%.
Sungrow Power Supply Co.Ltd(300274) released the annual report of 2021. The company’s performance in the fourth quarter was quite poor, dragging down the annual performance by 19%. Even if the performance of such big bull stocks in history is growing, they may fall as long as they are slightly lower than expected, not to mention an eye popping decline.
Smart government and digital China concept stocks rose, while consumer stocks such as food, tourism, hotels and beverages also rose. Real estate, steel, coal and other sectors with relatively strong trend recently generally fell.
In terms of the epidemic situation, the number of new positive cases announced on Wednesday decreased month on month, which can more or less provide some support for consumer stocks.
The rise of smart government and digital China concept stocks was related to the following news: on the afternoon of April 19, the Central Committee for comprehensively deepening reform at its 25th meeting considered and adopted the guiding opinions on strengthening the construction of digital government. The favorable policies are relatively general, so if investors hold such stocks, they generally should not follow the news in the short term. After short-term fluctuations, they can calmly study and judge the impact of the policies on the company’s performance. If they feel favorable, they can sell slowly.
The market performance is weak. It seems that this momentum may fall inertia. In the short term, investors can focus on stocks with resumption of work news or expectations, which may be regarded as a safe haven. However, the follow-up situation of the resumption of work must be followed up. As the future situation may be difficult to judge for the time being, it is best to adopt the bargain hunting strategy for the resumption of work concept stocks in the operation, and it is not easy to catch up with the rise.
In addition to the resumption of work concept stocks, we can pay attention to bargain hunting, and we can also pay attention to varieties whose demand is less disturbed by various factors. In the early stage, China Mobile once performed well, and even now it is stable. Such varieties are those whose demand is less affected by various factors. In addition, some public utility stocks also belong to this category, but investors should pay attention to the specific analysis of specific industries. As for the pharmaceutical stocks related to the epidemic, it must be, but the position of such stocks is too high. It’s better to ignore them.
“Dilemma reversal” stocks can also be focused, but we should also pay attention to those varieties whose growth is not obvious. The economic environment itself is easy to repeat, so the so-called “dilemma reversal” is also likely to repeat. If investors chase up too much, they will lack some room for maneuver.
