Abstract: The recent market trend shows a divergent trend, and the structural market is more obvious. On the one hand, the performance of weighted sectors such as real estate and large consumption was sluggish, dragging down the Shanghai Index. On the other hand, the main line of artificial intelligence continues to become the direction of short-term capital pursuit, and the stock prices of many technology leading stocks have hit new highs in many years. However, the risk accumulated after the short-term sharp rise is also increasing, if the subsequent marginal incremental funds are limited, it is easy to encounter the concentration of profit orders caused by large fluctuations in stock prices, investors can pay attention to cautious chasing higher, while cashing in high individual stocks, you can look for the subdivision direction of congestion and low stock price position in the sector, and switch between high and low.
Plate review
Indices were volatile and divergent throughout the day on Tuesday, with the three major indexes mixed. On the market, robot concept stocks are active again, AI concept stocks are divergent, among which ChatGPT concept stocks rose in the afternoon, game and media stocks opened higher, servers and computing power continued to be active, and CPO concept stocks once began to adjust; Military stocks are volatile and stronger; Consumer stocks fell into a correction. In terms of sectors, reducers, China Shipbuilding, mixed reality, mobile games and other sectors rose first, and tourism hotels, real estate, retail, building materials and other sectors fell first. On the whole, individual stocks fell more or less, more than 3,400 stocks in the two cities fell, with a turnover of 1.09 trillion yuan, a decrease of 16.7 billion yuan from the previous trading day, and northbound funds bought 1.742 billion yuan net throughout the day.
Important information
Wang Huning, member of the Standing Committee of the Political Bureau of the CPC Central Committee, said that it is necessary to deeply understand that resuming and expanding consumption is the proper meaning of promoting Chinese-style modernization, an inevitable choice to achieve high-quality development, and an inherent requirement for achieving the expected goals of economic development throughout the year. At this symposium, it was proposed that "restoring and expanding consumption" is the proper meaning of promoting Chinese-style modernization! This statement and expression is conducive to dispelling the outside world's speculation about the delay in introducing the introduction to boost consumption. The areas suggested at the symposium mainly include cultural tourism consumption and health consumption; Cultivate new consumption and innovate consumption scenarios; It is recommended to release consumption potential and promote consumption upgrading.
Plate interpretation
We believe that the recent market trend has shown a divergent trend, and the structural market is more obvious. On the one hand, the performance of weighted sectors such as real estate and large consumption was sluggish, dragging down the Shanghai Index. On the other hand, the main line of artificial intelligence continues to become the direction of short-term capital pursuit, and the stock prices of many technology leading stocks have hit new highs in many years. However, the risk accumulated after the short-term sharp rise is also increasing, if the subsequent marginal incremental funds are limited, it is easy to encounter the concentration of profit orders caused by large fluctuations in stock prices, investors can pay attention to cautious chasing higher, while cashing in high individual stocks, you can look for the subdivision direction of congestion and low stock price position in the sector, and switch between high and low. In terms of the market, the central bank's interest rate cut (reverse repo rate and MLF reduction) clearly "stable growth" to increase strength, while the National Assembly announced that it will study and propose a number of policy measures to promote the sustained recovery of the economy, and the market's expectations for policy are gradually being fulfilled. Overall, the market has gradually moved out of the previous overly pessimistic expectations for the economy and policy, and investors can remain relatively optimistic.
Opportunity mining
Structurally, it focuses on three major directions: first, the scientific and technological growth track that conforms to the emerging industrial trend of artificial intelligence and the direction of domestic policies to vigorously develop the digital economy; the second is the subdivision direction of "medium special valuation" with low valuation and high dividend yield; The third is the excess revenue opportunities that are expected to achieve low-level repair, such as new energy, consumption, and pharmaceutical industries.
Important Notice: The content of this article is only the personal views of the investment consultant, does not represent the position of the company, and is for reference only. The individual stocks in this article are based on public information, are not recommendations, and do not constitute specific investment advice. Historical movements of stocks are also not indicative of future trends. Investors do so at their own risk. The stock market is risky, and investment needs to be cautious.
Text: Li Jianyun
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