On Wednesday (May 18), the three major A-share indexes fluctuated in a narrow range, and the net sales of northbound funds exceeded 2 billion yuan. In terms of hot spots, textile, clothing, automobile and other sectors have strengthened and attracted much attention. At present, the stock index fluctuates around 3100 points. Can the rebound of A-Shares continue? How does it work?
On May 18, the three major stock indexes fluctuated lower and collectively closed lower. As of the close, the Shanghai Composite Index fell 0.25% to 308598 points; The Shenzhen composite index fell 0.2% to 1120808 points; The gem index fell 0.16% to 236538 points; The total turnover of the two cities was 770.3 billion yuan, and the net sale of funds from the North was 2.277 billion yuan. Overall, stocks in the two cities rose more and fell less.
From the perspective of Shenwan level industries, 14 industries have achieved gains, of which the textile and clothing industry led the increase, up to 1.69%, followed by the computer and automobile industries, up 0.91% and 0.9% respectively. In addition, coal, beauty care, transportation and building materials industries led the decline, all exceeding 1%.
For today’s market performance, Xia Fengguang, the Rongzhi investment fund manager of paipai.com, said that today’s market fluctuated repeatedly and the wait-and-see mood was high. Recently, the overall performance of the market is relatively strong, especially the CSI 500 and CSI 1000 indexes continue to rise along the moving average, and the center of the market is slowly rising. At present, the bottoming market is still continuing, and the long and short are still playing a game. In the medium term, there will be a strong upward trend after the bottom is built, and the current point still has good configuration value.
In terms of the daily limit board, on May 18, 119 stocks rose the daily limit, of which 15 stocks rose the daily limit, and the share price has risen for more than five consecutive trading days. In terms of industry, the automobile industry has the largest number of trading stocks, up to 15, followed by four industries such as computer, commercial retail, architectural decoration and textile clothing, with the number of trading stocks being 10, 9, 9 and 8 respectively.
Table: rush to raise the dragon and tiger list of individual stocks on Wednesday (May 18)
Soling shares soared by nearly 80% on the 6th consecutive board
On May 18, soling shares rose the limit again. As of the closing, it was reported at 7.43 yuan. It rose the limit for six consecutive trading days, with a cumulative increase of 77.33%.
On May 9, Shenzhen Soling Industrial Co.Ltd(002766) announced that the company had withdrawn the delisting risk warning and other risk warnings since the opening of the market on May 11, the stock abbreviation was changed from ” Shenzhen Soling Industrial Co.Ltd(002766) ” to “soling shares”, and the daily rise and fall limit of the stock price was changed from “5%” to “10%”. The trading of the company’s shares will be suspended for one day on May 10 and resumed from the opening of the market on May 11.
Public information shows that soling Co., Ltd., established in 1997, is an enterprise specializing in the R & D, production and sales of CID system, and on this basis, provides customers with professional vehicle networking hardware and software services and automatic driving development. The company as a whole takes the on-board information terminal system CID as the center. On the one hand, it extends the vehicle networking platform to intelligent transportation, on the other hand, it extends the intelligent cockpit to automatic driving, and the synchronous expansion is driven by the development of commercial vehicle and passenger vehicle business.
Its holdings include Shanghai Sanqi, Shanghai Hangsheng and Wuhan yingka, which are respectively regarded as the representative enterprises with advantages such as the overall solution of passenger vehicle networking and IOT, the solution of commercial vehicle networking, the data service platform of vehicle networking and OEM business. With the maturity and popularization of intelligent networking and artificial intelligence technology, soling’s core business of vehicle networking has gradually developed to take intelligent networking as the core support, gradually implement strategic transformation for intelligent transportation and automatic driving, and jointly build a new ecosystem of on-board intelligent computing such as intelligent cockpit domain and automatic driving domain with many partners, front loading plants and industrial customers.
Gains were led by the textile sector
On May 18, Shanghai Dzh Limited(601519) textile sector led the increase, reaching 2.98%. Among them, Huafang Co.Ltd(600448) , Zhewen Pictures Group Co.Ltd(601599) , Shanghai Dragon Corporation(600630) and other three concept stocks collectively rose by the limit.
In this regard, Orient Securities Company Limited(600958) said that with the recent depreciation of the RMB against the US dollar, the export manufacturing sector continued to maintain a high degree of market attention. Under the demand structure of external heat and internal cooling, some textile manufacturing leaders with good fundamentals (obvious global comprehensive competitiveness + relatively stable external demand + expectation of RMB devaluation) are still the main allocation direction of medium and short-term industry hotspots and sources of excess returns. Downstream brand consumption leaders are in the left layout stage waiting for data improvement and verification, and are more dominated by structural opportunities. In the long run, we will continue to be optimistic about the high prosperity of sportswear and beauty (cosmetics and medical beauty).
In terms of operation, Huaxi Securities Co.Ltd(002926) believes that in the second quarter, the overall opportunity of downstream brands is better than that of upstream manufacturing: 1 In the second quarter of the manufacturing end, under the background of the outflow of overseas orders and the delay of Chinese orders, the month on month ratio may be worse than that in the first quarter, but the profit end is expected to remain stable in combination with depreciation factors. The segments with high proportion of overseas layout and no carrying capacity in Vietnam are preferred, and Zhejiang Natural Outdoor Goods Inc(605080) , Zhejiang Jasan Holding Group Co.Ltd(603558) , Zhejiang Xinao Textiles Inc(603889) , Zhejiang Xinao Textiles Inc(603889) ; 2. With the improvement of the epidemic situation, the clothing sector is expected to usher in the opportunity of valuation and repair. It is recommended that Baoxiniao Holding Co.Ltd(002154) ; 3. Target of growth track and less affected by economic slowdown: Comefly Outdoor Co.Ltd(603908) , although the company has increased to some extent, its performance may exceed expectations.
The market may continue the shock rebound pattern
After the staged rebound, how will the A-share market operate next? For the future trend of a shares, analysts generally believe that the market may continue the shock rebound pattern.
Guotai Junan Securities Co.Ltd(601211) believes that the highlight of today’s disk is undoubtedly the relevant sectors of digital economy, which is mainly driven by favorable policies. The expectation of returning to work and production has gradually improved, and the economy is expected to recover in an orderly manner. This week, the market probability continued to move forward in waves through three lines: oversold rebound, policy stimulus and event driven. Therefore, the market may continue the shock rebound pattern.
He Jinlong, general manager of meimeili investment, said that the market has stabilized and rebounded since May, and the market fell slightly today, shrinking compared with the previous days. At present, the inflection point of the two financial data also reflects the signal of the continuous rebound of the market. Grasping the switching and rhythm of the market style is the main melody.
Wang Lei, director of Jurong asset investment, believes that today’s market performance is relatively flat, and the broad-based index fell slightly. In terms of style, we will continue to focus on steady growth, focusing on construction (especially central construction enterprises), chemical industry and banking. At the same time, the manufacturing industry seriously affected by the epidemic, machinery, electricity, electronics and other sectors are expected to be repaired.
