On January 17, the three major indexes of A-Shares rose collectively. The computer sector led the rise strongly, and the concept stocks such as operating system, digital currency and network security set off a wave of trading limit; The media, medicine and biology sectors also regained their gains, with 22 billion main funds pouring into these three sectors. Will the market continue? How should the A-share market be laid out before the Spring Festival?
Haitong Securities Company Limited(600837) believes that under the guidance of policy, the expectation of the end of market adjustment is good, and investors can allocate their positions appropriately. The interest rate cut introduced loose monetary policy, the resistance to the improvement of market valuation in the first quarter became smaller, and the spring was restless or started in advance.
Boc International (China) Co.Ltd(601696) believes that the macro environment of A-Shares in 2022 is better than that of major global indexes, or out of an independent market. The steady growth style needs continuous stimulation of policy expectations, and some funds choose to return to the main track of high growth. Before the Spring Festival holiday, the left layout of gaoboom track can be appropriate. In addition, with the disclosure of the annual report, growth stocks with better than expected performance walked out of a certain independent rising market.
Dongxing Securities Corporation Limited(601198) it is suggested that we should look for sub sectors with “bottom” Fundamentals and low valuation quantile in the areas with the highest probability of counter cyclical force (infrastructure and consumption), and be optimistic about two main lines: large infrastructure central enterprises (especially transportation, energy and water conservancy) that are expected to be driven, consumption driven by the “consumption promotion” policy, superimposed with the reversal of the bottom of fundamentals, and white power Auto parts and other directions.
