On April 21, the three major A-share indexes collectively closed down. The Shanghai Composite Index fell 2.26%, the Shenzhen composite index fell 2.70% and the gem index fell 2.17%.
Overall, individual stocks fell more than 4400, and nearly 100 stocks fell by the limit or more than 10%.
On the disk, only the textile manufacturing sector rose, while tourism, agriculture, chemical fertilizer, aquaculture and other sectors led the decline.
Specifically, CNOOC rose by more than 27%.
According to the data, northbound funds bought a net 911 million yuan; Among them, the net purchase of Shanghai Stock connect was 612 million yuan and that of Shenzhen Stock connect was 299 million yuan.
[institutional perspective]
Shanxi Securities Co.Ltd(002500) a: in terms of the general trend of a shares, the current negative factors at home and abroad have not been completely cleared, and it will take time to repair. In this process, it is vulnerable to periodic impact and continues to “grind the bottom”. Maintaining the previous judgment, it is recommended to focus on large cap value stocks with better defense ability and valuation repair space at this stage. At the same time, the expectation of post epidemic recovery is taking shape. It is suggested to continue to pay attention to the recovery of supply chains across the country. In terms of sectors, it is suggested to pay attention to logistics, national defense and military industry, food and beverage and social services.
Caida Securities Co.Ltd(600906) : at present, the market index is still in a shock pattern, the long and short forces are gradually balanced, and the market is on the eve of the change time point. It is optimistic that the market will stabilize and rebound in the future. In terms of operation, as the general trend is still not obvious, the hot spot conversion is fast, and the market structural characteristics are significant. It is suggested that investors strictly control their positions, reduce the operation frequency and patiently wait for the establishment of the future trend.
Wanlian Securities: at present, the market shock has intensified, and it is still at the bottom stage of shock in the short term. The hot spots of the sector rotate rapidly, and the signal of market stabilization has not yet appeared.
In terms of industry allocation: 1) the infrastructure leader with rebound momentum and clear policy support under the main line of “steady growth” deserves continuous attention; 2) With the gradual control of the epidemic in China, we can pay attention to the stocks with stable performance and support in the relevant sectors of post epidemic repair.
