Author|Zhao Ling, Editor|Gu Jinfeng
Source: Jufeng Investment Advisor, Good Stock Application
【Jufeng Viewpoint】
On Wednesday, A-shares fluctuated widely, and the three major indexes closed down collectively. On the market, tourism hotels, gold, Internet services, software development led the rise, cultural media, semiconductors, communication services, aerospace, games, shipbuilding, engineering consulting services, computer equipment, aviation airports and other industries rose slightly; Utilities, coal, electricity, gas, wine, wind power, grid equipment, unspeakable end, education, decoration building materials, home appliances and other industries fell first. In terms of theme stocks, state-owned cloud concepts, data security, data elements, AI chips, lottery concepts, information innovation, online tourism, etc. rose first; Concepts such as pumped storage, coal chemical industry, underground pipe network, lava energy storage, pork concept, natural gas, and photovoltaic cells fell first.
【Technical Watch】
In the medium term, the broader market is now on the rise after the medium-term shock. In the short term, the broader market quickly adjusts into the short market, the weekly adjustment is launched, and the short-term position control is mainly wait-and-see.
【Hot Spot】
Tourist hotels led the rise: Emeishan A, Jiuhua Tourism rose to the limit, Changbaishan, Qujiang Cultural Tourism, Sante Cableway, Huangshan Tourism, Tibet Tourism, Lijiang Tourism, Tianmu Lake and other gainers.
Internet lottery strengthened: China Sports Industry and Hongbo shares rose to the limit, and TV and Radio Media, Anne shares, Donggang shares, and new media shares rose first.
CPO concept rose in the afternoon: Xinyisheng rose by more than 10%, Cambridge Technology, Huagong Technology and other straight rises, and Special Information, Kinwong Electronics, and Risconda rose to the limit.
【News inventory】
Beijing issued Several Measures to Promote the Innovation and Development of General Artificial Intelligence
On May 30, the General Office of the Beijing Municipal Government officially issued Several Measures to Promote the Innovation and Development of General Artificial Intelligence in Beijing. Among them, it is proposed to improve the overall supply capacity of computing power resources. Implement the computing power partnership program, strengthen cooperation with cloud vendors, and provide diversified and high-quality inclusive computing power. Accelerate the construction of projects such as the Beijing Artificial Intelligence Public Computing Power Center and the Beijing Digital Economy Computing Power Center, and form large-scale advanced computing power supply capabilities. Realize unified management and operation of heterogeneous computing power environment, and improve the integrated scheduling capability of computing power in the Beijing Rim.
National Bureau of Statistics: The manufacturing PMI in May was 48.8%, down 0.4 percentage points from the previous month
In May, the manufacturing purchasing managers' index (PMI) was 48.8%, down 0.4 percentage points from the previous month, below the critical point, and the manufacturing boom level fell slightly. From the perspective of enterprise scale, the PMI of large enterprises was 50.0%, up 0.7 percentage points from the previous month, located at the critical point; the PMI of small and medium-sized enterprises was 47.6% and 47.9% respectively, down 1.6 and 1.1 percentage points from the previous month, lower than the critical point.
Actual exploration of the 2023 China Science Fiction Convention "black technology" emerges one after another, and innovation vitality emerges
Grab VR glasses, get on the "Zhurong rover", a Mars exploration journey is about to begin... On May 30, at the exhibition site of new technologies and new products at the 2023 China Science Fiction Conference, a reporter from China Securities News noticed that new technologies such as superconducting magnetic levitation, augmented reality, virtual reality, digital humans, and artificial intelligence have become the "behind-the-scenes pushers" of science fiction works to the public.
【Capital Trends】
According to the statistics of Dongcai, as of the close of trading, the Shanghai and Shenzhen markets showed a net outflow of funds, and the funds of the Shanghai and Shenzhen markets on the same day had a total outflow of 31.004 billion yuan. Among them, the net outflow of super large orders was 14.070 billion yuan, the net outflow of large orders was 16.934 billion yuan, the net inflow of medium orders was 5.210 billion yuan, and the net inflow of small orders was 25.795 billion yuan.
【Limit analysis】
Today, there are 61 up limits and 20 downs;
The number of limit holders in the two markets today increased slightly from the previous trading day, and the number of limit holders decreased from the previous trading day. The limit data shows that market sentiment has recovered today from the previous session. Flush data shows that most of the stocks in the two cities are concentrated in state-owned enterprise reform, Huawei concepts, artificial intelligence and other sectors, and the theme of the two cities is generally hot, and the money-making effect is average.
【Viewpoint Strategy】
In early trading, A-shares soared and retreated, the three major indexes fell collectively, the ChiNext index fell more than 1%, and the Shanghai index tug-of-war around 3200 points. On the market, the concept of state-owned assets cloud led the rise, and the concept of data security, tourism and hotel, shipbuilding, radio and television, precious metals, etc. rose first; Utilities, electricity, coal, gas, education, wine, wind power, home appliances, insurance and other sectors fell first.
In the afternoon, the stock index inertia downward, and the Shanghai Composite Index fell by more than 1%; After 13:30, the rise of memory chips, data centers, CPO concepts and other sectors led to the recovery of stock indexes, and the science and technology innovation board turned red. The renminbi exchange rate fell below 7.1 intraday, and the net outflow of northbound funds exceeded 4 billion yuan throughout the day.
Overall, the Shanghai Composite Index briefly broke through 3400 points and then began to adjust again, growth sectors such as new energy, semiconductors, wind power, and photovoltaics continued to adjust, and the concepts of special estimation and artificial intelligence in the previous hot spots continued to diverge; Market adjustment pressure continued to be released, the Shenzhen Component Index and ChiNext Board hit new adjustment lows, and the Shanghai Composite Index tug-of-war around 3200 points after a short-term sharp decline of 250 points. Investors are advised to control their positions and participate cautiously in the rally.
Investment advice: Jufeng Investment Advisor believes that under the expectation of economic recovery, A-shares are expected to enter a medium and long-term bull market. Since the beginning of this year, the main line of A-shares has been artificial intelligence and state-owned asset reform, and the artificial intelligence sector has differentiated and entered the mid-term adjustment, and the state-owned asset reform sector has evolved from "medium special valuation" to "gold special valuation". The RMB exchange rate breaking 7 is the leading factor in the recent market correction. In view of the continued strength of the peripheral market, A-shares are expected to maintain a strong and volatile pattern, and investors can take advantage of the opportunity to make up for the gains in the large financial sector.
(Author: Zhao Ling Practice Certificate: A0680615040001)
Disclaimer: The above content is for reference only and does not constitute a specific operation recommendation, according to which you shall bear your own profits and losses and risks