Jinxin Fund Market Comments - Jinxin Fund Yang Chao: The market after the holiday is expected to stabilize and go higher Today, the three major stock indexes in Shanghai and Shenzhen opened collectively higher in the morning, and the rising index maintained a high level throughout the day, but Shenzhen became a index, creating

Jinxin Fund Market Comments - Jinxin Fund Yang Chao: The post-holiday market is expected to stabilize and rise

Today, the three major stock indexes of Shanghai and Shenzhen opened collectively high in the morning, and the rising index maintained a high level throughout the day, but the Shenzhen index and the ChiNext index rushed higher and fell back. As of the close, the Shanghai Composite Index closed at 3429.58 points, up 2.03%; the Shenzhen Component Index reported 13456.65 points, up 0.96%; the ChiNext Index reported 2917.86 points, up 0.31%; the two cities traded a total of 00.82 trillion yuan, a slight increase from the previous month.

From the perspective of sub-sectors, the stable growth related plates have fully erupted, the cement, construction, steel, and coal plates have risen, the rare earth plate has rebounded violently, and some leaders have risen and stopped. As overseas oil prices hit new highs in recent years during the holidays, the oil and gas sector rose strongly. Consumption, technology and other sectors as a whole are weak. The overall performance of the new energy sector is better, but the internal differentiation is obvious. The Ministry of Industry and Information Technology and other three departments issued the "Guiding Opinions on Promoting the High-quality Development of the Steel Industry", which proposes to encourage leading enterprises in the industry to implement mergers and reorganizations and build a number of world-class super-large steel enterprise groups. Driven by this positive, the Shenwan Steel Index rose by more than 4%.

Overseas markets are generally warm during the holiday, and it is expected that liquidity is expected to gradually become more abundant after the holiday, and there are more positive factors in the policy, so it is expected that the market is expected to stabilize higher in the near future. The stable growth sector is expected to remain strong due to the many favorable factors in short-term fundamentals. Semiconductor, military and other technology growth sectors with the annual report and the first quarterly report gradually clear, is also expected to stabilize higher.

@ Jinxin Fund Yang Chao

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