On April 27, the A-share market opened low and went high, rebounded sharply, and the Shanghai stock index recovered 2950 points. As of the close, the Shanghai Composite Index, Shenzhen Composite Index and gem index rose 2.49%, 4.37% and 5.52% respectively. The turnover of Shanghai and Shenzhen stock markets exceeded 910 billion yuan, including 422928 billion yuan in Shanghai and 494783 billion yuan in Shenzhen. Data show that on the 27th, the net inflow of funds from the North was 4.359 billion yuan, and the net inflow of main funds from the two cities was 9.332 billion yuan.
Institutional sources said that at present, most stocks in the market are at the relative bottom of valuation and can be configured on bargain hunting, focusing on the post epidemic recovery sector. If the external liquidity environment is further improved, growth stocks can seize the opportunity to fight back.
multiple factors drive
On the 27th, the Shanghai composite index recovered 2950 points to 295828 points, and the gem index rose more than 5%. The number of rising stocks in Shanghai and Shenzhen was 3927, of which 140 stocks rose by the limit; The number of falling stocks was 712, and 77 stocks fell by the limit.
Among shenwanyi industries, power equipment, non-ferrous metals and national defense industry led the increase, rising by 8.11%, 6.92% and 5.90% respectively. Only the real estate, textile and garment industries fell, down 1.66% and 0.70% respectively.
In the power equipment industry, Jolywood (Suzhou) Sunwatt Co.Ltd(300393) , Risen Energy Co.Ltd(300118) 20% limit, Shenzhen S.C New Energy Technology Corporation(300724) more than 19%, China Baoan Group Co.Ltd(000009) , Ningbo Shanshan Co.Ltd(600884) , Wuxi Shangji Automation Co.Ltd(603185) and other stocks rose by 10%, and Contemporary Amperex Technology Co.Limited(300750) rose by 7.97%. In the non-ferrous metals industry, Poco Holding Co.Ltd(300811) 20% limit, Chengxin Lithium Group Co.Ltd(002240) , China Minmetals Rare Earth Co.Ltd(000831) , Tianqi Lithium Corporation(002466) , Ganfeng Lithium Co.Ltd(002460) , Zhejiang Huayou Cobalt Co.Ltd(603799) and other stocks rose 10%.
Data show that as of the 27th closing, the total market value of A-Shares was 77.59 trillion yuan, an increase of 2.21 trillion yuan over the previous trading day.
For the sharp rebound in the A-share market on the 27th, Xia Fengguang, fund manager of private placement paipai.com, told the reporter of China Securities Journal that the rebound on the 27th was the superposition of two factors. First, the favorable policies played a role in stabilizing the market; Secondly, the rise was led by the gem and small and medium-sized market capitalization stocks in the afternoon of the day, such as the constituent stocks of China Securities 1000 index. From this point of view, the technical oversold rebound after substantial adjustment means more.
main capital net inflow of nearly 10 billion yuan
At the capital level, the data showed that the net inflow of funds from the north on the 27th was 4.359 billion yuan, of which the net outflow of funds from Shanghai Stock connect was 130 million yuan and the net inflow of funds from Shenzhen Stock connect was 4.489 billion yuan.
From the situation of the top ten active stocks of Shanghai and Shenzhen Stock connect on the 27th, the data showed that Kweichow Moutai Co.Ltd(600519) , Ping An Bank Co.Ltd(000001) , Midea Group Co.Ltd(000333) obtained the largest amount of capital increase from the north, with net purchases of 919 million yuan, 305 million yuan and 301 million yuan respectively China Merchants Bank Co.Ltd(600036) , China State Construction Engineering Corporation Limited(601668) , Wuxi Apptec Co.Ltd(603259) ranked first in net sales, with 556 million yuan, 390 million yuan and 279 million yuan respectively.
From the perspective of main funds, the data showed that the net inflow of main funds in the two cities was 9.332 billion yuan on the 27th, ending the net outflow trend for eight consecutive trading days. 2103 stocks received net inflow of main funds, and 2583 stocks suffered net outflow of main funds.
In terms of industry, the data showed that on the 27th, the net inflow of main funds in the power equipment, non-ferrous metals and electronics industries ranked first, with a net inflow of 5.399 billion yuan, 3.511 billion yuan and 2.293 billion yuan respectively. The net outflow of main funds from real estate, medicine and biology, commerce and retail industries ranked first, with a net outflow of 1.954 billion yuan, 1.534 billion yuan and 899 million yuan respectively.
In terms of individual stocks, China stock market news, Tianqi Lithium Corporation(002466) , CNOOC, Sungrow Power Supply Co.Ltd(300274) , China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) main capital net inflows ranked first, with net inflows of 815 million yuan, 699 million yuan, 619 million yuan, 501 million yuan and 495 million yuan respectively China Vanke Co.Ltd(000002) , Byd Company Limited(002594) , Shenzhen Overseas Chinese Town Co.Ltd(000069) , Poly Developments And Holdings Group Co.Ltd(600048) , China Merchants Bank Co.Ltd(600036) main capital net outflow ranked first, with net outflow of 540 million yuan, 393 million yuan, 328 million yuan, 244 million yuan and 239 million yuan respectively.
short term market or bottomed out
After a continuous decline, the A-share market rebounded sharply on the 27th. In this regard, Xia Fengguang said that the bottom of the short-term market may have been proved, and there will be a repair market next.
Chen Guo, chief strategist of China Securities Co.Ltd(601066) securities, believes that the gold pit this year is near the 2900 point of the Shanghai index. Considering that the logic of steady growth of China's economy is strengthening and the inflation data of the United States seems to be peaking, the improvement of the overall internal and external environment is a high probability event in the next quarter. Strategically, we can gradually turn to optimism. Tactically, we should bargain hunting layout, give priority to post epidemic recovery + steady growth overweight, including food and beverage, social services, real estate chain, infrastructure chain, etc. when the market rebounds and the external liquidity environment is further improved, we can grasp the opportunity for growth stocks to counterattack.
Sealand Securities Co.Ltd(000750) chief strategist Hu guopeng said that considering that the direction of sustained development of infrastructure under the steady growth policy has been determined, the follow-up support policies have successively entered the implementation stage, and the recent steady growth measures on the consumer side have been introduced one after another, the follow-up focus is on two main investment lines: first, benefiting from the policy support and the gradual weakening of the impact of the epidemic, the infrastructure chains such as building materials and architectural decoration brought by the release of rush demand; Second, the consumption sectors such as food and beverage, catering and tourism, hotels, automobiles and household appliances that benefited from the marginal improvement of the epidemic.
