Let’s take a look at the A-share market on the 22nd.
The stock index rose and fell in the morning and rose again in the afternoon, rising nearly 1% to recover 3100 points, but then the rise narrowed rapidly; The Shenzhen Composite Index and the growth enterprise market index also rose in the afternoon and fell again in the late afternoon, both reaching new lows in the year; The turnover of the two cities has shrunk significantly compared with yesterday, with a full day turnover of about 750 billion yuan; There was a substantial net inflow of funds from the north, with a net purchase of nearly 7 billion yuan throughout the day.
As of the close, the Shanghai index rose 0.23% to 308692 points, the Shenzhen composite index fell 0.29% to 110517 points, and the gem index fell 0.69% to 2296.6 points; The total turnover of the two cities was 753.3 billion yuan, and the net purchase of funds from the North was 6.765 billion yuan. The stock index fell by 66.3% this week, and the Shenzhen composite index fell by 12.3% this week.
The trading volume shrank, with a turnover of only 750 billion. 1616 shares in the two cities rose and 2987 shares fell.
Hong Kong stocks are better. Open low and go high. I hope A-Shares can get better next week.
Benefiting from the decline of RMB exchange rate, the textile and clothing sector rose sharply against the trend, and 20 shares such as Huafang Co.Ltd(600448) rose by the limit.
Zhang xiafa’s circle of friends
now it’s the bottom, and stand straight when you hit the face
What is more interesting in the market today is that Mr. Zhang Xia, the strategy chief of China Merchants Securities Co.Ltd(600999) , a leading brokerage of 100 billion yuan, sent a circle of friends, stressed that now is the bottom of the market, and said frankly that “even if you slap your face, you will stand up”!
“In black and white, 27000 people witnessed it together. Even if you hit your face, you will stand straight. Now is the bottom! The love you like has risen too much, and the missed targets have fallen to more than ten times, 20 times. The dream price is in front of you. In short, the way of stock is that people abandon me!”
At the same time, he also forwarded two reports he released on January 23 and March 19. Among them, the research report in January said that since December 2021, China has cut reserve requirements and interest rates, while the United States has changed from taper to accelerated taper. In March, the Federal reserve has strong expectations of raising interest rates, and a new round of deviation from China US monetary policy has been started. Around May, it may become a key point for A-Shares to reach the bottom in the process of this round of deviation from China US monetary policy, it is almost certain that the Fed will start raising interest rates in March. After that, if the dollar index weakens significantly, it may mean that the market’s expectation of the Fed’s interest rate hike in May or June is decreasing; First, after the quarterly report was released, the adverse factors that accelerated the decline of performance were released; After the two sessions held in March, the April social finance data released in May may may be higher than expected. Based on the above factors, the end of this round of adjustment is likely to occur in May. However, if the market soon forms a consensus expectation, it may be ahead of schedule.
In addition, the research report in March said that this round of market bottomed out, five big bottom signals and the starting point of the new upward cycle. Signal 1: the growth rate of new social finance has become positive, but wait for the improvement of medium and long-term social finance growth and deceleration to establish an economic inflection point in the context of the steady growth of the government and enterprise departments after the two sessions, the growth rate of new medium and long-term social finance is expected to rise further in the future signal 2: as of the phased low point on March 15, 22, the valuation level of wind all a non-financial petroleum and petrochemical decreased to 24.8 times. Considering the profit change, the valuation decreased to 22 times at the end of April. It is consistent with the average level of the past seven bottoms. The valuation has bottomed out signal 3: in the future, with the easing of the situation in Russia and Ukraine and the regulatory communication between China and the United States, the derivative financial risks will be gradually reduced. Signal 4: waiting for the US interest rate and US dollar index to peak and fall signal 5: waiting turnover rate and transaction amount continued to fall periodically, the second bottom of A-Shares did not reach a new low, and a shape similar to w appeared at present, A-Shares have seen multiple bottom signals. If the above bottom signals can be met at the same time, A-Shares will usher in a more certain upward “perfect storm”
CSRC: guide market expectations and stimulate market vitality and potential
After yesterday’s institutional symposium, the CSRC held another meeting today.
According to the website of the CSRC, on April 22, Yi Huiman, Secretary of the Party committee and chairman of the CSRC, presided over the Party committee (expanded) meeting to convey and study the deployment of the special meeting of the financial committee of the State Council on the morning of April 22 on implementing the spirit of the recent important meeting of the CPC Central Committee on doing a good job in current economic and social work, analyzed the key and sensitive issues concerned by the current market, and studied the response measures and policy reserves, Re implement and promote the recent arrangements of the financial commission of the State Council. The meeting stressed the need to respond to market concerns in a timely manner, guide market expectations, stimulate market vitality and potential, further improve market resilience and promote the stable and healthy operation of the capital market.
Shanghai issues imported materials to the “family courtyard of the municipal CPPCC” response
Recently, a screenshot of a circle group said that Shimen 2nd Road Street, Jing’an District, Shanghai distributed imported fruits, Japanese rice and other materials to the “family courtyard of the municipal CPPCC”. Yesterday (21), a public official account for the V also cited the group shots in a push tone, creating confusion in the public.
According to the Shanghai rumor refutation platform and verified by the municipal CPPCC, Shanghai has no CPPCC family building, and the materials distributed by this rumor have nothing to do with the CPPCC . At present, The poster “Xia Zhiyin Fred” also made clarification in relevant wechat groups and circles of friends: “I chatted in the group buying group in the community on April 8, and the recent edited records were spread on the Internet, which brought many troubles to all parties. At that time, I just discussed and left messages at random, not stating the facts. I deeply apologize for the adverse impact and misleading to the public and relevant parties. I hope you will not forward and occupy valuable public media resources. This is a statement.”
The local Shimen 2nd Road police station has conducted oral education and corresponding legal publicity to Xia by telephone. He also expressed regret and promised not to commit crimes in the future. Please do not publish unverified information, spread rumors, believe rumors or spread rumors.
