Stock index futures
I. Market Review
The three major indexes of Shanghai and Shenzhen reversed the V-shape in the session, and Contemporary Amperex Technology Co.Limited(300750) rose nearly 4%, supporting the gem index. The market turnover was 0.795 trillion yuan, up from 0.938 trillion yuan last day. On the disk, wind power and UHV were strong throughout the day, Dajin Heavy Industry Co.Ltd(002487) , Jiangsu Zhongtian Technology Co.Ltd(600522) and other trading limits, Nari Technology Co.Ltd(600406) , Trina Solar Co.Ltd(688599) followed up. In the afternoon, the brokerage sector pulled up the protective sector and Guolian Securities Co.Ltd(601456) closed the sector. Photovoltaic, semiconductor, electric power and cement sectors are completed, Longi Green Energy Technology Co.Ltd(601012) , Tongwei Co.Ltd(600438) are lifted together, and Longyuan electric power is put on the sector. China Oilfield Services Limited(601808) , Aluminum Corporation Of China Limited(601600) , China Railway Group Limited(601390) led the rise of Chinese prefixes. Cro and pharmaceutical sectors adjusted, Wuxi Apptec Co.Ltd(603259) , Hangzhou Tigermed Consulting Co.Ltd(300347) , Pharmaron Beijing Co.Ltd(300759) went down in large quantities. SSE 50 closed at 3163.67, CSI 300 at 4712.31 and CSI 500 at 6782.58.
II. Market analysis
In today’s morning review, we said: “yesterday, the Shanghai and Shenzhen stock index fell all the way, and many parties had no strength to fight back. The Shanghai stock index recorded the largest decline in more than a year. The gem index broke through the 3000 mark and fell more than 10% in the year. Entering the intensive disclosure period of annual report performance forecast, some companies’ performance” mines “burst out. On the other hand, Previously, some stocks that have suffered continuous crazy speculation have also ebbed. Coupled with the negative impact of the periphery, the market risk appetite has decreased. The Shanghai and Shenzhen 300 index has broken through the shock range downward and will continue to weaken. ” In terms of the actual trend, the stock index fluctuated and fell, rebounded in the afternoon, led by the power generation equipment sector, and IH was stronger than IC. On Wednesday, the state-owned media issued documents to support a shares, believing that the policy and capital aspects have support and are expected to get out of the independent market. The official media of the two major securities newspapers, Shanghai Securities News and securities times, also published an article on the front page. The former cited experts to point out that “it is not appropriate to overreact to the market decline”, and the A-share policy and capital are supported. The latter cited institutional analysis to believe that the recovery of A-share risk preference can be expected. Two weeks before the Spring Festival, A-share risk appetite has always been more cautious. Before the long holiday, investors tend to put their bags in order to avoid the uncertainty of the overseas market. The rebound of the stock index is weak, and the Shanghai and Shenzhen 300 index will fluctuate around 4700.
