Financial Highlights
1. Central financial and Economic Commission: guide market expectations and stabilize market confidence.
2. Bureau of Statistics: from January to March, the profits of Industrial Enterprises above designated size increased by 8.5%.
3. During the year, more than 400 companies implemented repurchase, and multi fund “real gold and silver” stabilized confidence.
4. The CSRC issued a heavy release to reverse the over reliance on the “star fund manager” model.
5. State tobacco monopoly administration: pre examination of e-cigarette enterprises’ IPO.
A-share market overview
On Wednesday (April 27), the A-share market first depressed and then rose, with a sharp shock rebound. In the morning, the stock indexes of the two cities opened slightly lower, and the Shanghai index gained strong support near 2863 points. With the continuous rise of growth industries such as new energy, semiconductor and Aerospace Military industry, the gem index took the lead in stabilizing and rising. In the afternoon, with the rebound of many industries, the stock index rebounded sharply, and the Shanghai index broke through the integer mark of 2900 points in one fell swoop, The Shanghai Stock Index reproduces the operation characteristics of sharp rise. The growth enterprise market rose sharply on Wednesday, and the performance of the component index was significantly stronger than that of the main board market.
Future research and investment suggestions
On Wednesday, the A-share market first depressed and then rose and rebounded sharply. In the morning, the stock indexes of the two cities opened slightly lower, and the Shanghai index was supported near 2863 points. With the first rebound of growth industries such as lithium battery, photovoltaic, wind power, military industry and semiconductor, the stock index stabilized and rebounded. In the afternoon, with the rise of many main popular industries, the stock index rebounded sharply, and the Shanghai index broke through the integer mark of 2900 points in one fell swoop. We believe that with the full release of market risks and the strong promotion of many favorable policies, OTC funds begin to speed up the pace of entering the market and going long, and A-Shares are expected to usher in a strong rebound. Investors are advised to pay close attention to the changes of policies and funds.
It is expected that the Shanghai stock index is more likely to continue to fluctuate and rise in the short term, and the gem is more likely to continue to rebound in the short term. We suggest that investors focus on investment opportunities in new energy, semiconductor, aerospace and military industries in the short term, and continue to focus on investment opportunities in undervalued blue chips in the middle line.
Risk tip: policy risk, economic downturn.
