On January 25, the three major A-share indexes fell sharply, the gem index fell below 3000 points, more than 4300 stocks in the two cities fell, and the industry sector showed a general downward trend. As of the close, the Shanghai index fell 2.58%, the Shenzhen composite index fell 2.83% and the gem index fell 2.67%.
On the disk, only precious metals, airport shipping and hotel catering sectors are red, and most of the stocks such as Baijiu concept, Yuan universe, ice and snow industry are weakening, and digital money and communication services have fallen sharply.
According to wind data, northbound funds sold a net 3.574 billion yuan throughout the day, ending the net buying trend for seven consecutive days. Among them, the net sales of Shanghai Stock connect was 1.372 billion yuan and that of Shenzhen Stock connect was 2.201 billion yuan.
[institutional perspective]
Haitong Securities Company Limited(600837) pointed out that there have been continuous pullbacks in the international market. In the current environment, positions can be properly controlled. There are many uncertain factors during holidays, waiting to be digested. In terms of operation, due to the continuous decline of the peripheral market and the fact that the A-share itself has been adjusted for more than a month, superimposing the holiday effect, the shareholding confidence has dropped to the freezing point and there are many risks released. We can actively look for some stocks that have oversold or those that have predicted better than expected performance for bargain hunting.
Galaxy Securities pointed out that before the opening of the spring market, the market will generally experience a period of decline. The decline range of the early market determines the rebound strength of the spring market to a certain extent. The optimistic policy is the sufficient condition for the opening of the spring market. Recommended configuration: (1) semiconductor, military industry, green power, individual consumer goods and other high prosperity sub industries can be configured for a long time. (2) Electronics, home appliances, building materials, computers and other sectors with good performance during the spring market. (3) Large finance, large infrastructure and other sectors with valuation and repair power and both attack and defense are allocated in a balanced manner.
