Key investment points:
Financial Highlights
1. The State Council issued a document to promote inbound tourism in due time.
2. Surpassing the yen, RMB has become the fourth largest currency in the world, with an annual increase of 34%.
3. Qinghai: accelerate the construction of Salt Lake industrial base and establish Salt Lake Industrial Development Fund.
4. The total investment of 3 trillion yuan in the power industry is gradually implemented, and the construction of UHV is the top priority.
5. Local mortgage interest rates generally decreased by 5 basis points, and the industry expects that there is still room for reduction.
A-share market overview
On Friday (January 21), the A-share market opened low and went down with a slight shock. The U.S. stocks fell again the next night, which dragged down the shock of the Asia Pacific market. In the morning, the stock indexes of the two cities jumped low and opened low. With the recent decline of hot industries such as medicine, agriculture, animal husbandry, fishery, cultural media and aerospace and military industry, the stock indexes fell step by step, and the Shanghai index broke through the annual line 3540 points again, At the end of the day, the stock index gradually stopped falling and stabilized, and the stock index basically showed the operation characteristics of unilateral shock and downward throughout the day. The GEM market fluctuated downward on Friday, and the performance of the component index was basically synchronized with that of the main board market.
Future research and investment suggestions
On Friday, the A-share market opened low and went down with a slight shock. In the morning, the stock indexes of the two cities jumped low and opened low. Many early popular sectors such as medicine, agriculture, animal husbandry, feeding and fishing, cultural media and aerospace and military industry fell in turn, dragging the stock index down with a shock step by step. The Shanghai index broke through the annual line 3540 points again, and gradually stopped falling and stabilized in the late trading. After new year's day, major institutions have changed positions and shares. Industries and individual stocks with large cumulative increase in the early stage and high overall valuation have been sold off. The undervalued financial industry and some defense industries have become the main direction of capital flow in the near future. It is expected that the Shanghai index will fluctuate repeatedly around the annual line in the near future. It is suggested to pay close attention to the changes of policy, capital and external market.
It is expected that the Shanghai index is more likely to fluctuate slightly around the annual line in the short term, and the gem is more likely to decline slightly in the short term. We suggest that investors wait and see for a while in the short term and continue to pay attention to the investment opportunities of undervalued blue chips.
