Key investment points:
Financial Highlights
1. Yi Gang: we will use a variety of monetary policy tools to increase support for the real economy.
2. CSRC: formulate individual pension investment system.
3. Two departments: by 2025, the industrial added value of chemical fiber enterprises above Designated Size will increase by 5% annually.
4. The heavy conference will provide energy guarantee again, and the construction of nuclear power will usher in rapid development.
5. The list of asset management performance of securities companies is "the strong is always strong": the income of six securities companies exceeds 4 billion.
A-share market overview
On Thursday (April 21), the A-share market opened low and went low and fell sharply. Affected by the sharp decline of Hong Kong's Hang Seng Index in early trading, the stock indexes of the two cities jumped low and opened low to fall sharply. The general decline pattern of the two cities reappeared. The fertilizer, agriculture, military industry and cycle industries that led to the rise in the early stage fell repeatedly, dragging down the rapid decline of the stock index. The Shanghai index broke through the 3100 point integer mark again, showing the operation characteristics of unilateral sharp decline throughout the day. The GEM market fell sharply on Thursday, and the performance of the component index was basically synchronized with that of the main board market.
Future research and investment suggestions
On Thursday, the A-share market opened low and fell sharply. In the morning, Hong Kong's Hang Seng Index fell sharply, dragging down the rapid decline of the stock indexes of the two cities after jumping short and opening low. The Shanghai index broke through the 3100 point integer mark again in the session, and the market risk aversion increased suddenly. The industries such as chemical fertilizer, agriculture, animal husbandry, fishery, military industry and cycle, which led the rise in the early stage, fell sharply in turn, and the panic of investors spread again. The trading volume of the two cities is 850 billion yuan, and the characteristics of the stock game remain the same. At present, except for the Shanghai Composite Index, other major indexes have reached new lows in the year. It still needs strong boost from external forces to reverse the situation in the future. It is suggested that investors pay close attention to the changes of policy, capital and external factors.
It is expected that the Shanghai stock index is more likely to continue to explore and seek support in the short term, and the gem is more likely to fluctuate in the short term. We suggest investors to wait and see for a while in the short term and continue to pay attention to the investment opportunities of undervalued blue chips in the middle line.
Risk tip: policy risk, economic downturn.