Viewpoint: according to PMI data for two consecutive months, the economy has rebounded, but on the whole, it is still anti pumping, and the downward pressure is still large. However, the data recovery may boost the market in the short term. In addition, with the support of relatively stable fundamentals and liquidity, the market as a whole has maintained a good foundation. With the inflation peaking expectation strengthened and the RRR reduction expectation landed, the expectation of monetary easing increased again, bringing an overall boost to the market. Under the expectation of monetary and credit easing in the coming year, the market is also expected to gradually open a good trend. in the short term, Citic Securities Company Limited(600030) huge financing triggered a sharp drop in the market within the day, but the market was not substantially bad. With the activity of subject stocks, the market rotation effect was obvious, and the overall shock trend remained good.
Today, both Shanghai and Shenzhen markets opened low. After the opening, the Shenzhen Component Index fluctuated upward and turned red quickly. Under the arrangement of financial stocks, the resilience of the Shanghai index was small, and the green disk position was always running in the session. In the afternoon, the semiconductor and other sectors once made efforts, but the Citic Securities Company Limited(600030) sharp decline dragged down the securities sector and the index. On the disk, medicine and biology led the rise, while electronics, power equipment, media and other sectors led the rise, while coal led the decline, while real estate, petroleum and petrochemical, architectural decoration and other sectors fell.
Yesterday was Kweichow Moutai Co.Ltd(600519) and today is Citic Securities Company Limited(600030) . Yesterday, Citic Securities Company Limited(600030) issued the share allotment plan. The price of the share allotment was 14.43 yuan / share, and the total amount of funds raised by the share allotment did not exceed 28 billion yuan. The largest allotment financing in the history of securities naturally attracts the attention of the market, and this financing method is also relatively easy to cause the decline of stock price. Although yesterday Citic Securities Company Limited(600030) issued a performance express announcement, and although the performance increased well year-on-year, it still could not offset the decline of share price. However, the share price decline caused by the allotment is short-term and has no substantive impact on the company. In the later stage, we still need to pay attention to the fundamentals of the company. At least for now, the allotment is also expected to improve Citic Securities Company Limited(600030) capital strength, and the institutional business is expected to be strong and strong.
Back on the disk, there is no substantial negative in the short-term market, but with the continuous covid-19 epidemic, we see that the detection concept continues to strengthen and the market volatility is also increasing. With the smashing of Kweichow Moutai Co.Ltd(600519) and Citic Securities Company Limited(600030) , the index ushered in adjustment again in the short term. However, in the process of adjustment, the market still showed rotation. For example, when heavyweights fell on the same day, theme stocks such as semiconductors ushered in performance, and the overall performance was healthy in the rotation.
The stock market has always been a barometer of money. After the central bank cut the reserve requirement and LPR at the end of last year, the expectation of reducing the reserve requirement and interest rate again was high. With the opening of the monetary easing cycle, the expectation of liquidity easing was high, which boosted the overall market. At present, it is still in the process of fund position adjustment and stock exchange and the suppression of internal and external emotions. The market fluctuates, but the medium-term positive trend and logic have not changed.
Overall, after a continuous decline, the current three major indexes have all ushered in adjustment. The gem took the lead in slowing down after adjustment. With the support of many parties, the Shanghai and Shenzhen stock markets are also expected to stabilize at any time. Once the index forms a rebound resonance, the new rebound and fluctuating market may also begin. Therefore, in the recent consolidation process, we can continue to make preparations for bargain hunting allocation. For those with relatively low positions, we can also consider appropriate allocation, so as to game the spring market.
