In today’s market, the central bank released good water. As a result, it did not pull up a shares, but Hong Kong stocks.
A fund manager said on his microblog that it is ironic that funds are crazy to buy in the north, but domestic funds are crazy to sell.
the Shanghai index fell slightly, and financial stocks strengthened collectively
the net purchase of northbound funds exceeded 12 billion yuan
The three major indexes fluctuated sideways. As of the close, the Shanghai index fell 0.09%, the Shenzhen composite index fell 0.06% and the record index fell 0.32%. Individual stocks fell more and rose less, more than 3800 stocks fell, nearly 800 stocks rose, most subject stocks fell, and the money loss effect was obvious. The turnover of the two cities exceeded trillion yuan for the 15th consecutive trading day, and the North bought more than 12.5 billion yuan.
The LPR quotation was lowered, and the banking sector led the rise against the market, China Merchants Bank Co.Ltd(600036) rose by more than 3%, and Ping An Bank Co.Ltd(000001) rose by more than 5%.
Securities, insurance and other major financial sectors rose in the afternoon, leading the gains. The Chinalin Securities Co.Ltd(002945) limit was closed, and China Greatwall Securities Co.Ltd(002939) , Huatai Securities Co.Ltd(601688) rose by more than 5%.
Salt lake lithium extraction, education, oil and gas, meta universe, mobile games and other sectors led the decline.
Hong Kong stock explosion
A shares did not rise sharply, but Hong Kong stocks next door were soaring. Hong Kong’s Hang Seng index opened higher today, closing up 3.42% to 24952.35 points, approaching the integer level of 25000 points. The strong trend of large technology stocks led the Hang Seng technology index to soar 4.50% to close at 5896.71.
Housing stocks in Hong Kong stocks continued to strengthen, with Lvjing China up more than 16% and rongchuang China up more than 15%.
On the news front, the Central Bank of China lowered the one-year loan market quoted rate (LPR) from 3.8% to 3.7%, the second consecutive month of reduction; The five-year loan market quotation rate (LPR) was lowered from 4.65% to 4.6%, which remained unchanged for 20 consecutive months.
Recently, the Central Bank of China lowered MLF and reverse repo interest rates, slightly exceeding market expectations. Wanlian Securities pointed out that after the interest rate cut, the real estate investment and financing dilemma is expected to improve marginally, and we can pay attention to the rebound opportunity of the real estate sector.
China Merchants Securities Co.Ltd(600999) also pointed out that the “growth protection” orientation of the follow-up real estate policy continued to rise. From the perspective of capital chain, it is expected that the proportion of down payment in some local cities with poor fundamentals and many projects of real estate enterprises at risk may be supported, and the policy of house and loan recognition with improved demand may be optimized to reverse the expectations of residents and creditor’s rights investors.
Therefore, China Merchants stressed that under the combination of improved liquidity and low risk appetite, it is still an appropriate choice to underestimate the real estate sector.
future analysis
Dexun securities Gu: big financial force may rebound in the near future
Yuanda: can the weak pattern of buying from the north be reversed at the time of emotional freezing?
Jufeng investment adviser: finance should focus on the market in spring under the weight of carrying the banner
