On the whole, individual stocks rose more or fell less yesterday, and more than 3000 stocks rose. The turnover of Shanghai and Shenzhen stock markets yesterday was 1051.4 billion, a contraction of 155.8 billion compared with the previous trading day, and the market showed a contraction rebound pattern. On the disk, covid-19 detection, pig breeding, medical devices, CRO, traditional Chinese medicine and other sectors rose at the forefront, and the pharmaceutical stocks related to the epidemic rose sharply, dominating the list of gains in the sector. Oil and gas exploitation, ice and snow industry, green power, large aircraft, natural gas and other sectors led the decline. As of yesterday’s close, the Shanghai index rose 0.39%, the Shenzhen Composite Index rose 0.44% and the gem index fell 0.04%. The net inflow of northbound funds throughout the day was 4.758 billion yuan, including 2.914 billion yuan in Shanghai Stock connect and 1.844 billion yuan in Shenzhen Stock connect. The inflow of northbound funds accelerated yesterday afternoon.
U.S. stocks rose in late trading, and the three major indexes closed mixed. The NASDAQ closed up 0.05% and fell 2.7% at the beginning of the session; The Dow fell 0.45% and the S & P 500 fell 0.14%. Anti epidemic stocks rose collectively, Moderna rose more than 9%, and Novax medicine rose more than 6%. Popular Chinese concept stocks rose and fell, elite education fell by more than 33%, Xiaopeng automobile and ideal automobile fell by more than 5%; Bili Bili rose by more than 6%. U.S. airline stocks fell across the board, with Boeing, American Airlines and Delta Airlines falling more than 2%.
At today’s morning meeting of securities companies, Central China Securities Co.Ltd(601375) said that A-Shares were suppressed first and then raised, and there were obvious signs of institutional position adjustment; CICC put forward the view that the next 5-10 years will be an opportunity period for the development of China’s photoresist industry; Galaxy Securities believes that the market index opportunity is flat, and the undervalued sector has the power to repair in the short term.
Central China Securities Co.Ltd(601375) : A shares are suppressed first and then raised, and there are obvious signs of institutional position adjustment
On Monday, the A-share market first depressed and then rose, with slight shocks. In the morning, photovoltaic, wind power, oil, military industry and other industries fell in turn, dragging down the rapid decline of the stock index. The Shanghai index gained support near 3555 points. In the afternoon, agriculture, medicine, communication and other industries took the lead in rebounding, driving the stock index to rise steadily and gradually recover its lost land. The Shanghai index basically showed a bottom recovery throughout the day Operating characteristics of small rise. The trading volume of the two cities on Monday was 1 trillion yuan, a decrease compared with the day before yesterday. The hot spots led by the market changed again, and the characteristics of the stock game are significant. After the festival, the signs of institutional position adjustment are more obvious. Since last year, the fully adjusted undervalued traditional blue chips have won the favor of the market again. It is suggested that investors should grasp them carefully.
CICC: the next 5-10 years will be an opportunity period for the development of China’s photoresist industry
China International Capital Corporation Limited(601995) believes that the next 5-10 years will be an opportunity for the development of China’s photoresist industry. Leading manufacturers will continue to broaden their product lines and applications, actively develop new products and expand production capacity; New manufacturers will focus on one point to tackle a certain photoresist product, making the whole Chinese IC photoresist industry compete for the best. There is a large market space for high-end photoresists (EVU, ARF and KrF) for advanced and mature processes, and the demand in China is growing rapidly. It is recommended to pay attention to photoresist manufacturers that have made rapid progress in the research and development of medium and high-end IC photoresists and photoresist collagen material manufacturers that master core technologies.
Galaxy Securities: the market index opportunity is flat, and the undervalued sector has the power to repair in the short term
In the first quarter, the macroeconomic downturn and the congestion of some track transactions were important factors restricting the upward market, but the abundant market liquidity and the relatively loose money credit cycle supported the market. At present, the market sentiment is relatively low. It is suggested to adopt defensive strategy and wait for a new turn for the better in the market. In terms of industries, new energy related industries have a large increase and high valuation, and the recent risks have been released; Some industries with poor performance in the early stage, such as big finance and real estate, have no significant signs of improvement in fundamentals, but the valuation is low and defensive, and there is momentum for valuation repair in the short term.
Balanced allocation is recommended: 1. Semiconductor, military industry, green power, individual consumer goods and other high prosperity subdivided industries can be configured for a long time. 2. Electronics, home appliances, building materials, computers and other sectors with good performance during the spring market. 3. Large finance, large infrastructure and other sectors with valuation and repair power and both attack and defense are configured in a balanced manner.
(source: financial Associated Press)
