On Tuesday (May 17), the three major A-share indexes rose in shock, lithium minerals, automobiles and semiconductors were popular on the floor, and the gem index rose by more than 1%. The floor capacity is still less than 800 billion, and the wait-and-see mood of investors is still heavy. The net purchase of northbound funds exceeds 5 billion yuan, which may boost the morale of A-share bulls and help A-share go out of the upward market in the short term, but we still need to pay attention to the risks caused by the rapid rotation of short-term hot sectors.
In terms of market, according to the report released by China Securities Association, there are more than 197 million Chinese investors and 720 million basic people. The huge number of floor investors will bring huge potential funds. It is expected that after the end of the bottom shock of the market and the continuous improvement of the profit-making effect, the floor capacity will be further enlarged.
In terms of securities companies, China Securities Association released the monthly average scale ranking of private asset management of securities companies in the first quarter, Citic Securities Company Limited(600030) ranked first, and CICC and BOC ranked second and third respectively. The Matthew effect of the securities industry is still obvious, and the accelerated development of the industry may force small and medium-sized securities companies to develop their own characteristic road.
On Tuesday (May 17), the three major A-share indexes rose in shock, lithium minerals, automobiles and semiconductors were popular on the floor, and the gem index rose by more than 1%. As of the close, the Shanghai Composite Index (+ 0.65%) closed at 309370, the Shenzhen Composite Index (+ 1.23%) closed at 1123016, and the gem index (+ 1.62%) closed at 236909. The turnover of the two cities is still less than 800 billion, and the overall trading enthusiasm of the market is still low. Most of the 31 industries of Shenwan class I rose, led by power equipment, automobile and non-ferrous metals; Architectural decoration, real estate, medicine and biology led the decline. Securities II rose 0.56%, with most of the 44 listed securities companies rising, led by Guolian Securities Co.Ltd(601456) , Chinalin Securities Co.Ltd(002945) , Citic Securities Company Limited(600030) and Hongta Securities Co.Ltd(601236) , China Securities Co.Ltd(601066) , Sinolink Securities Co.Ltd(600109) .
According to the report released by the China Securities Association, there are more than 197 million Chinese investors and 720 million basic people;
Recently, the China Securities Association released the monthly average scale ranking of private asset management of securities companies in the first quarter, Citic Securities Company Limited(600030) ranked first, and CICC and BOC ranked second and third respectively.
Risk tip: hot sector rotation is too fast, and the industry development is not as expected
