The digital economy led the rise in high technology, with a transaction volume of more than one trillion yuan for three consecutive days
Last trading day market review:
Yesterday afternoon, the new energy track broke out, and photovoltaic F TF and new energy vehicle E TF rose by 5.55% and 4.59%. CATL and BYD rose 8.19% and 3.38%. Photovoltaic, wind power, motors, batteries, energy metal sectors rose first. As a result, ChiNext jumped 3.44%. Digital economy and artificial intelligence callback. The ratio of individual stocks reversed from 2173:2590 noon to 2630:2152. The ratio of stocks was expanded from 45:2 to 60:8. The trading volume was 1,072.4 billion, an increase of 71.8 billion over the previous day. Northbound funds bought a net of 9.2 billion. The broader market closed at 3252 points, not only standing firm 5 antennas, 10 antennas, but also standing above the key level of 3230 points and the five-week moving average of 3242 points, returning to the long market, especially closing above the gap of 3246 points on May 23, which was even stronger.
Today's news:
[The three major indexes of U.S. stocks closed up collectively, most of the popular technology stocks rose] Overnight, the three major indexes of U.S. stocks closed up collectively, the Dow rose 1.27%, the NASDAQ rose 1.15%, the S&P 500 rose 1.22%, most of the popular technology stocks rose, Microsoft rose more than 3%, creating a new closing high, Meta rose more than 2%, Apple, Google rose more than 1%. Oil and gas drilling, paper, and coal sectors were the top gainers, with Nasbers Industrial rising more than 6% and Suzano rising more than 3%. The semiconductor and gaming sectors fell, with Navitas Semiconductor down more than 4% and AMD and Ambarella down more than 2%.
【Promote the merger and reorganization of listed companies in central enterprises! On June 14, the State-owned Assets Supervision and Administration Commission of the State Council held a special meeting on improving the quality of listed companies and mergers and acquisitions and restructuring of central enterprises, and proposed that central enterprises should use listed companies as a platform to carry out mergers and acquisitions to help improve core competitiveness and enhance core functions. (Securities Times)
The National Development and Reform Commission has recently studied and deployed to strengthen the work of increasing residents' income, requiring local development and reform departments to increase the intensity of employment stabilization, giving full play to the role of mechanisms such as collective bargaining of minimum wage companies and wage guidelines, strengthening support and assistance for key groups, increasing the income of low-income people, and actively exploring effective ways to promote residents' income.
Artificial intelligence is an important driving force for a new round of scientific and technological revolution and industrial transformation, and accelerating the development of a new generation of artificial intelligence is a strategic issue related to whether the mainland can seize the opportunities of the new round of scientific and technological revolution and industrial transformation.
Recently, the digital economy sector represented by artificial intelligence (AI) is in full swing, and as the market continues to rise, some private equity institutions continue to reduce their positions in old tracks such as new energy and large consumption, and turn to buying the AI sector. A number of private equity institutions that laid out the AI sector earlier said that many funds have been migrating from the sidelines to the entry, and from the old track to the new track. From a medium-term perspective, the investment sentiment of the AI sector is prone to rise and fall. (China Securities News)
[MLF interest rate cut by 10 basis points Market participants: LPR downside probability is high] People's Bank of China announced on June 15 that the winning interest rate of the medium-term lending facility (MLF) operation fell by 10 basis points from the previous month. Market participants expect that after the reduction of the winning interest rate in the MLF operation in June, it will lead to the follow-up reduction of the loan market quotation rate (LPR). The MLF operation winning rate is the pricing basis for LPR quotes.
【The central bank launched a net investment of 40 billion yuan in the open market】The central bank today carried out a 7-day reverse repurchase operation of 42 billion yuan, and the winning interest rate was 1.90%, the same as before. As 2 billion yuan of reverse repurchase expires today, a net investment of 40 billion yuan is achieved.
As of June 15, the financing balance of the Shanghai Stock Exchange was reported at 790.328 billion yuan, down 349 million yuan from the previous trading day; the financing balance of the Shenzhen Stock Exchange was 719.49 billion yuan, down 392 million yuan from the previous trading day; and the total of the two cities was 1509.818 billion yuan, down 741 million yuan from the previous trading day.
【Net inflow of northbound funds of 5.7 billion yuan】As of the noon close, the net inflow of northbound funds was 5.739 billion yuan.
In the past few days this week, the market has been under two major pressures: one is the pressure of two Big Mac IPOs raising 100 billion yuan on Friday. Second, the renminbi continued to depreciate to 7.19 yuan, and the northbound capital continued to have a net outflow.
However, there were a number of positive changes in the market on Thursday: (1) The central bank took consecutive heavy "interest rate cuts". (2) The National Development and Reform Commission has introduced tax and fee reduction measures for small and micro enterprises. (3) The NDRC will soon introduce a series of measures to stimulate consumption. (4) The State-owned Assets Supervision and Administration Commission and the China Securities Regulatory Commission held the second working conference on promoting the asset restructuring of central enterprises during the year. (5) The US dollar index plunged, and the RMB rose to 7.13 yuan. (6) Northbound funds had a net inflow of 9.2 billion on Thursday and 5.74 billion on Friday morning. (7) High-level visits between China and the United States resumed. (8) The trading volume exceeded trillion for 3 consecutive days. (9) Resident RMB deposits exceeded 130 trillion yuan, plus institutional deposits totaled 265 trillion yuan.
It can be seen that in the gap between the issuance and listing of the two giants, the market chooses small and medium-sized high-tech stocks to rise in turn. On Thursday, CATL jumped 8.19%, and photovoltaic F TF and new energy vehicle E TF rose 5.55% and 4.59%, causing ChiNext to rise 3.44%, the largest one-day increase of the year. The broader market closed at 3252 points yesterday, effectively recovering the gap of 3246 points on May 23, and recovering the five-week moving average to return to the bullish market.
This morning, the broader market opened 4:3256 points, bottomed out at 3255 points, rushed up 3268 points, and closed at 3265 points before noon. SSE 50, CSI 300, SSE Index, Shenzhen Component Index, ChiNext Market, Science and Technology Innovation Board, CSI 500 and CSI 1000 rose 0.51%, 0.44%, 0.37%, 0.56%, 0.52%, 1.01%, 0.55% and 0.91%. The ratio of individual stocks is 2858:1843, and the price-loss ratio is 43:2. The half-day turnover of the two cities was 637.6 billion, which was 7.1 billion more than the previous trading day.
This morning, driven by the State-owned Assets Supervision and Administration Commission and the China Securities Regulatory Commission to jointly promote the asset restructuring meeting of central enterprises, the national team of central enterprises in the digital economy took off collectively, with Shengda up 9.72%, Yihualu up 6.4%, China Software up 6.33%, China Great Wall up 5.89%, Taiji shares up 5.52%, power technology network security up 4%, and electric technology digital up 2.7%. As a result, small and medium-sized high-tech stocks rose widely, and individual stocks rose significantly by 2858:1843. As the broader market has stood at the key level of 3230 points for 6 consecutive days, it is expected that the broader market still has the momentum to rush another 3300 points.
However, due to the twists and turns in the economic recovery process, the regulator suddenly abandoned the concept of financing reform after five days, and it is expected that the speed of A-share expansion under the comprehensive registration system will not be reduced, and the issuance of super-large-cap new shares will continue, which will put great pressure on the further development of the concept of special valuation. Therefore, investors can only shrink themselves, go to hot sectors, small and medium-sized high-tech stocks to game, obtain the difference, use the cumulative income of individual stocks to outperform the rise of the broader market index, and must be the corresponding sector stocks chasing down and killing, sector rotation, rotation operation, avoid high chasing up.
Afternoon Watch: Can the broader market close above 3230? Can the upper side close above the half-year line of 3249 points, and can it hit the 60-day line of 3279 points? Can the situation of individual stocks rising and falling more than falling be maintained and further expanded? Can the trading volume approach exceeding yesterday's 1,072.4 billion?