After a full day of trading near 3000 points, A-Shares opened a comprehensive counterattack mode today. The Shanghai index returned above 3100 points, and more than 3400 stocks in the two cities rose. Today, known as “smart money”, northbound funds also sounded the horn of “counterattack”, with a net purchase of 14.236 billion, a new high this year.
Recently, the performance of the peripheral market is not satisfactory, and the performance of A-Shares is obviously strong due to the orderly resumption of work and production in the Yangtze River Delta, the post epidemic repair stage and the loose policy environment. Looking at the performance of northbound capital inflows since May, it is generally cautious. However, from the beginning of this week, northbound capital has accumulated a net purchase of more than 15 billion yuan in a single week. Although a large number of net inflows accounted for the main part on May 20, this trend still reflects the rebound trend of A-share capital distribution in the north, releasing a positive signal .
Today, the stocks with the highest net purchase amount from BEIXIANG capital are China Merchants Bank Co.Ltd(600036) , Wuliangye Yibin Co.Ltd(000858) , Kweichow Moutai Co.Ltd(600519) , China stock market news, and the other stocks with higher net purchase amount are also concentrated in the fields of large consumption and large finance .
Anxin securities summarized the characteristics of the post epidemic repair market, saying that after the epidemic, the market must have the post epidemic repair market, and there must be a rebound in the food, beverage and social service sectors. Looking back to 2020, the large consumption sector, especially the Baijiu racing track, experienced a strong rebound after the epidemic. For the large financial sector, its overall valuation has been at a historically low quantile. On May 15, the central bank and the China Banking and Insurance Regulatory Commission proposed to adjust the differentiated housing credit policy. The follow-up financing demand undoubtedly gives the large finance an opportunity for a new round of valuation repair.
Caitong Securities Co.Ltd(601108) point of view points out that the policy warm period around “stable growth” will become the focus and main contradiction of the market at this stage. “Focus on me” and “focus on stability” real estate and consumption are the two key points of the economy now the buying point for big consumption is the appropriate time when the cost performance, odds and winning ratio are more comfortable . However, it is still necessary to gradually and slowly allocate the consumption sector. The process is not smooth. It is necessary to allocate slowly and buy slowly. There is no hurry to buy it at one go, because there are repeated epidemics, data verification and other disturbances and twists and turns in the process. Fight a “guerrilla war” and turn a small victory into a big victory. “Big finance” mainly includes banking and real estate on the one hand, it stems from the demand for steady growth and internal policy catalysis. On the other hand, the relaxation of real estate supply and demand is expected to bring about the restoration of real estate valuation and fundamentals . At the current time point, this understanding is gradually becoming the consensus of the market.
will extend the time to the whole may, and the only increase of northbound funds is the energy sector . Since the conflict between Russia and Ukraine at the end of February, the rise of energy prices has become a worldwide trend, and the protection of energy supply is becoming more and more important. On May 11, Premier Li Keqiang chaired an executive meeting of the State Council, which proposed to ensure the normal supply of energy.
The agency said that on the whole, under the background of the national policy of ensuring supply and price stability and the implementation of renewable energy subsidies, the power sector with a certain margin of safety may usher in performance repair. Among them, there may be some opportunities for traditional power operators with rapid transformation. Today, the stocks with more net capital inflow from the north also include China Yangtze Power Co.Ltd(600900) , Longji green energy and other stocks.
