The three major A-share indexes collectively closed down today, with the Shanghai index falling slightly by 0.33% to 3558.18 points; The Shenzhen Component Index fell 1.28% to close at 14207.19 points; The gem index fell 2.17% to close at 3075.98 points. The market turnover remained above 1 trillion yuan, reaching 1.06 trillion yuan today. Industry sectors were mixed, led by games, cement building materials and Internet services, while lithium batteries, wind power equipment, photovoltaic equipment and aerospace led the decline.
Today’s news:
1. The central bank’s latest monetary policy toolbox should be bigger to avoid credit collapse! Is there room for reducing reserve requirements and interest rates?
2. Yuan universe welcomes the “explosion” event! Microsoft’s $68.7 billion acquisition of Activision Blizzard A-share game company is expected to be revalued
3. Did the public offering in Shanghai collectively “accept the offer” for private placement? Being “fooled” or active benefit transfer?
4. Automatic driving and other new plans to benefit the modern transportation system (with a list of concept stocks)
5. How can evogo under Contemporary Amperex Technology Co.Limited(300750) compete with its peers? Who is expected to enter the industrial chain of China’s a shares?
6. The tide of self purchase of funds is surging, and the participation of star fund managers not only transmits confidence, but also releases this key signal
For the future market trend, institutions have expressed their views.
Guosheng Securities pointed out that after experiencing a wide range of shocks in the short term, the panic decline stage of the two cities’ indexes may have ended. In the near future, the shock central structure will be gradually constructed, which is conducive to the recovery of market sentiment or a good opportunity to do more. In terms of operation, the market sentiment is gradually stable. After superimposing the previous trend, the selling tide of the track sector is coming to an end, and the index is expected to shake and stabilize the structure. At the same time, the continuous disclosure of the company’s annual report may bring new expectations to the market, so that the funds can re make the valuation model for the high boom sector. Therefore, we can focus on the lithium battery, photovoltaic Individual stocks in military industry and other sectors.
Shenwan Hongyuan Group Co.Ltd(000166) said that the market has great differences between long and short, the annual line of the Shanghai index may still be contested, and the main tone of “shock stabilization” as a whole remains unchanged. At the operational level, it is recommended to see more and move less, and pay attention to the low absorption opportunities of medium linear growth varieties. In terms of industry, the middle line can continue to pay attention to the industries of national defense, military industry, electronics and securities companies, and look for investment opportunities in the science and technology sector (electronics, communications and computers) in the short term.
Central China Securities Co.Ltd(601375) said that whether the stock index can rebound continuously in the future still depends on the sustainability of OTC incremental funds and leading hot spots. It is expected that the short-term stock index will continue to fluctuate slightly around the annual line. Investors are advised to pay careful attention to the Internet, software development, communication and other technology industries in the short term, and continue to pay attention to the investment opportunities of undervalued blue chips in the middle line.
Haitong Securities Company Limited(600837) said that on the whole, people’s doubts about the spring market are mainly due to two concerns: one is that it is difficult for policies to hedge the downward pressure on the macro economy, and the other is that the micro capital is no longer abundant at the beginning of the year. The steady growth policy has been intensively implemented. Based on the historical steady growth policy, the market will eventually rise. In the first quarter, there are often more funds entering the market, which comes from the year-end bonus payment of employees and the peak season of asset management product issuance. The adjustment at the beginning of the year does not change the market trend in spring, the balanced allocation of structure, and pay attention to the underestimated large finance + new and old infrastructure with policy force.
China Merchants Securities Co.Ltd(600999) believes that since the beginning of the year, A-Shares have fluctuated greatly under the resonance of many factors, such as less than expected incremental funds, insufficient financing demand, investors’ less than expected sense of steady growth, a sharp rise in US bond yields, and the continuous epidemic in China. Subsequently, the convening of the local two sessions may strengthen the market’s expectations for steady growth. If the central bank’s monetary policy is further substantially relaxed, the steady growth force after the two sessions is expected to bring a turnaround for a shares. Considering the Spring Festival effect of a shares, there may be a structural rebound in A-Shares in the short term, which can follow the industry layout with performance forecast exceeding expectations.
