The market rebounded from shock today, but the three major indexes were differentiated. The Shanghai Composite Index led the rise and achieved four consecutive positive results. The gem index was dragged down by Contemporary Amperex Technology Co.Limited(300750) and other heavyweights, and the rebound was limited. On the disk, agriculture and related sectors strengthened, Zhongnongfa Seed Industry Group Co.Ltd(600313) limit. Pharmaceutical and related sectors strengthened, China Meheco Group Co.Ltd(600056) limit. In addition, military industry, Cixin, real estate, infrastructure and other sectors were active in the session. In terms of decline, the brokerage sector was depressed all day. In addition, Contemporary Amperex Technology Co.Limited(300750) fell by more than 8% due to the lower than expected performance, and the transaction amount reached a record high. Overall, individual stocks rose more and fell less. More than 3400 stocks rose in the two cities, and more than 170 stocks rose by the limit or more than 10%. The turnover of Shanghai and Shenzhen stock markets today was 901 billion, a decrease of 64 billion compared with the previous trading day. In terms of sectors, Internet e-commerce, pharmaceutical commerce, planting and forestry, glyphosate and other sectors led the increase, while securities, tourism, rental and sale rights and other sectors led the decline.
sector
Today, the defense and military industry sector led the rise, including Chengdu Jouav Automation Tech Co.Ltd(688070) , Lihang technology, Gaona Aero Material Co.Ltd(300034) , Parker new material, Avic Xi’An Aircraft Industry Group Company Ltd(000768) . In the first quarterly report just released, the national defense and military industry sector has maintained a high performance growth rate as a whole, and combined with the relatively sufficient sorting in the early stage, it has triggered a large return of funds. Dongguan Securities believes that this year is the “closing year” of the reform of state-owned enterprises. The reform of state-owned military enterprises is expected to be further accelerated, which is expected to activate the vitality of military enterprises. The investment logic of superimposed industries has changed from “hot spot driven” to “Fundamentals driven”; Subsequently, under the capacity expansion during the 14th Five Year Plan period, the industry is expected to usher in a long-term high boom. However, it should be noted that at present, the trend of most individual stocks in the sector has not been reversed. Even if the follow-up can stop as scheduled, it will have a high probability of going through the process of stepping back to the bottom again. Therefore, there is no need to rush to catch up under the consideration of capital security. It is more safe to wait patiently for the completion of the bottom, and then select high-quality individual stocks for low connection.
Today, the covid-19 concept sector has rebounded in an all-round way. Among them, Shandong Xinhua Pharmaceutical Company Limited(000756) has achieved five boards, Jinghua Pharmaceutical Group Co.Ltd(002349) , Qianjiang Yongan Pharmaceutical Co.Ltd(002365) , Kunming Longjin Pharmaceutical Co.Ltd(002750) 2 boards. In view of the rapid spread of the epidemic in China recently, the market speculation on covid-19 drugs and normalized covid-19 nucleic acid detection is expected to increase. In addition, the covid-19 concept has experienced a large amount of spatial consolidation after the collective ebb tide in the early stage, which is in line with the main theme of the current deep rebound market. However, according to past experience, the continuity of the deep rebound is often not guaranteed. Whether the popularity of the covid-19 concept can be maintained and whether the popular stocks in the front row can continue to strengthen is particularly critical.
The real estate sector suffered significant differentiation today, with more gains and less falls within the sector, of which nearly 10 stocks rose by the limit. On the other hand, the leading stock Cccg Real Estate Corporation Limited(000736) in the early stage closed by the limit today, failing to form a second wave trend. As has been repeatedly emphasized recently, the biggest problem of real estate stocks is the hold up selling pressure left in the process of the ebb tide correction of the previous wave. Due to the short time of sorting, the only way to resolve it in one fell swoop is to break through the continuous stacking capacity. However, in terms of the current market style, the momentum of price pursuit is relatively poor, so the differentiation and consolidation trend of the real estate sector will probably continue, and individual stocks may enter the promotion mode.
individual shares
Today, Hunan Development Group Co.Ltd(000722) was promoted to 7 sectors and Zhejiang Construction Investment Group Co.Ltd(002761) 5 connected to the board. Driven by the two leaders, the infrastructure sector is active again. However, it should be noted that Shanghai Geoharbour Construction Group Co.Ltd(605598) and Anhui Transport Consulting & Design Institute Co.Ltd(603357) encountered capital rush in the late trading stage, resulting in explosion, which may indicate that there will be differentiation and consolidation in the infrastructure sector tomorrow.
Popular stocks China Meheco Group Co.Ltd(600056) rose again China Meheco Group Co.Ltd(600056) and Zhejiang Construction Investment Group Co.Ltd(002761) were the two leading figures in popularity in the last cycle. The form of individual stocks is similar to Zhejiang Construction Investment Group Co.Ltd(002761) which started the epidemic. After today’s harvest of the limit, whether we can awaken the speculative enthusiasm of short-term funds and copy the follow-up trend of Zhejiang Construction Investment Group Co.Ltd(002761) has become the focus of attention. However, it should be noted that the tide ebb of covid-19 concept sector is more obvious than that of infrastructure sector in the early stage, and more hold up selling pressure has been accumulated. Therefore, the overall continuity of the sector may become a constraint for China Meheco Group Co.Ltd(600056) follow-up.
In the direction of the track, Contemporary Amperex Technology Co.Limited(300750) affected by the lower than expected performance and profit in the first quarter, the overall turnover also hit a record high. On the one hand, with the rising price of upstream lithium carbonate, the market has been psychologically prepared for the pressure on Contemporary Amperex Technology Co.Limited(300750) performance, but the deduction of non net profit in the first quarter decreased by 41%, still exceeding the estimated range of many institutions, so the opening was smashed by funds. On the other hand, its revenue still maintained high-speed growth, which proves that the prosperity of new energy vehicles is still good. And in the first quarter, the bad news of declining profits has landed, and some funds are regarded as short-term bad opportunities to make a bottom reading. It can be clearly felt that the market has great differences over Contemporary Amperex Technology Co.Limited(300750) . For now, focus on today’s low 353. When Contemporary Amperex Technology Co.Limited(300750) in the follow-up trend can always keep above today’s low 353, it is expected to really enter the stage of shock bottoming, and then the growth track is expected to usher in a wave of repair window. On the contrary, once it is effectively broken again, the pattern of concussion and decline will continue. Under the background that the track leaders can not stop, we should not have too high hopes for the rebound continuity of the growth track.
aftermarket analysis
As of the close, the Shanghai index rose 0.68%, the Shenzhen Composite Index rose 0.23% and the gem index fell 1.33%. Northbound funds sold a net 2.362 billion yuan throughout the day; Among them, the net purchase of Shanghai Stock connect was 85 million yuan; Shenzhen Stock connect sold a net 2.448 billion yuan.
At present, the short-term pessimism has been released intensively, the policy has made positive statements to stabilize the market sentiment, the medium-term fundamentals support the bottom range, and the external factors may also show positive changes. The short-term A-share is expected to rebound, and the follow-up first focuses on the 5-day moving average. Before the index effectively falls below the 5-day moving average, the short-term rebound is still expected to continue. However, as the profit outlook and the path of credit easing are still vague, the A-share market has not yet reached the opportunity to reverse, and it still needs to go through the process of shock bottoming after the rebound. Therefore, we should not be blindly optimistic because of the rebound in a few days. In the follow-up, we should still focus on grasping structural opportunities and pay attention to the risk of second stepping back.
In terms of sentiment, it rose 3531, 958 less than the previous trading day. Excluding ST shares and unopened new shares, the trading limit was 154, 61 less than the previous trading day; 40 fried boards, the same as the previous trading day; Gem / Kechuang board stocks rose by 10, down 3 from the previous trading day; The limit was 4, the same as the previous trading day.
In terms of sentiment indicators, sentiment indicators resonate with the index and remain above the active area. Before the index falls below the 5-day moving average and ends this wave of rebound, market sentiment is still expected to remain high.
market highlights
1. Ministry of Foreign Affairs: the listing of Chinese enterprises on the American stock exchange does not mean that they are delisted
The American Stock Exchange listed 80 companies, including Chinese companies such as jd.com and pinduoduo. Chinese Foreign Ministry spokesman Zhao Lijian said at today’s (5th) regular press conference that China’s securities regulatory authorities communicated with the US securities regulatory authorities on this. The inclusion of Chinese enterprises in the relevant list is a step for the US side to implement relevant Chinese laws and does not mean that relevant enterprises are delisted. Whether these enterprises are delisted and listed in the United States depends on the progress and results of China US audit regulatory cooperation.
The price of lithium phosphate fell again today
According to the data released by Shanghai Ganglian E-Commerce Holdings Co.Ltd(300226) press on May 5, the quotation of some lithium battery materials was reduced today, and lithium hexafluorophosphate fell by 20000 yuan / ton; Metal lithium fell 10000 yuan / ton; Lithium cobaltate fell 10000 yuan / ton and cobalt carbonate fell 7500 yuan / ton; Cobalt oxide and cobalt trioxide fell by 5000 yuan / ton.
