Market Overview
On Thursday, the adjustment of the two cities, the afternoon adjustment of the Shanghai and Shenzhen index increased, the stock index fell 1.17%, and the gem index fell 1.71%. On the disk, new energy batteries such as lithium batteries, power batteries and lithium iron phosphate batteries, which rose strongly on Wednesday, made a deep correction; Baijiu plate adjustment in the afternoon increased, Kweichow Moutai Co.Ltd(600519) fell nearly 5%; Building materials and vaccines are also depressed; The coal sector rose against the market; The concepts of digital currency and financial technology have been affected by the introduction of digital economic planning, and their performance is acceptable. The market profit-making effect was poor, and more than 3200 stocks in the two cities fell.
Recently, the release of social finance, export and other data may reflect that the economic fundamentals are not as pessimistic as the previous market judgment. Therefore, the range of policy easing may produce some “expectation difference”, which will cause certain fluctuations in asset prices in the short term. The sectors such as real estate, building materials and household appliances that perform relatively strongly under the expectation of “steady growth” after the year may be adjusted. It is suggested to be patient with the sectors and individual stocks with strong valuation repair logic. In terms of future research and judgment, the “high-low switching” of the market will continue, and the consumer sector will benefit from the support of the price rise logic, or have a stronger momentum for valuation repair.
