Financial Highlights
1. National development and Reform Commission: it will formulate and introduce policies and measures in due time to support the continuous expansion of consumption.
2. CSRC: promote the entry of medium and long-term funds into the market and pay more attention to the expected guidance.
3. The Ministry of industry and information technology held an intelligent networked vehicle promotion conference to promote the effectiveness of industrial development.
4. The national development and Reform Commission talks about the default of foreign debt of individual real estate enterprises: it will not affect the function of Chinese funded foreign debt.
5. Covid-19, influenza and RSV will be completed in one shot, and the three in one vaccine is expected to be available next year.
A-share market overview
On Tuesday (January 18), the A-share market rebounded from the bottom and rose slightly. In the morning, the stock indexes of the two cities opened flat and fell rapidly, and the pharmaceutical sector continued to decline in an all-round way. In the afternoon, with the repeated rise of heavyweight sectors such as engineering construction, wine making, banking and real estate, the stock index quickly stabilized and rebounded, and the stock index remained high in the afternoon, The Shanghai stock index basically showed the operation characteristics of slight shock and rise throughout the day. The GEM market fell slightly on Tuesday, and the performance of the component index was significantly weaker than that of the main board market.
Future research and investment suggestions
On Tuesday, the A-share market rebounded from the bottom and rose slightly. In the morning, the stock index fell rapidly, the pharmaceutical, Internet and new energy sectors fell in turn, and the intraday hot spots changed again. With the rise of weighted stock indexes such as engineering construction, electric power, banking, wine making and real estate, the stock index stabilized and rebounded, and the Shanghai index has rebounded slightly for two consecutive days after breaking through the annual line. In the afternoon, the Shanghai index was blocked by the 60 day moving average, showing a sideways shock. Due to the frequent conversion of leading hot spots recently, poor profit-making effect and heavy wait-and-see mentality of OTC funds, the Shanghai index is more likely to fluctuate and consolidate around the annual line. It is suggested to pay attention to the changes of policies and funds.
It is expected that the short-term consolidation of the Shanghai index around the annual line is more likely, and the short-term slight shock of the gem is more likely. We recommend investors to be cautious about investment opportunities in engineering construction, power, Internet, automobile and other industries in the short term, and continue to pay attention to the investment opportunities of undervalued blue chips in the middle line.
Risk tip: policy risk, economic downturn.
