The three major indexes bottomed out and rebounded to close in the red across the board, lithium battery led the collective rebound of the new energy track, and CPO concept stocks staged a frightening dive in the afternoon
On March 26, the Associated Press of Finance reported that the market rebounded throughout the day, and the three major indexes all rose slightly. On the disk, the new energy track stocks rebounded collectively, among which Xiaomi automobile concept stocks led the rise, Aolian Electronics, Jinrong Tianyu, Kaizhong shares and other daily limits; lithium battery concept stocks rebounded in the afternoon, Lianchuang shares, Putailai, Tianci materials and other daily limits; solid-state battery concept stocks were active, Fengshan Group, Fengyuan shares, Sanxiang New Materials and other daily limits. The real estate sector fluctuated and strengthened, with Dalong Real Estate, Beijing Investment Development, and Tianbao Infrastructure rising to the limit. Nuclear pollution prevention and control, aquaculture concept stocks rose at the end of the day, Dahu shares, Huashengchang daily limit. In terms of decline, the direction of AI applications continued to adjust, and Huayang Lianzhong fell to the limit. In addition, high-level stocks continued to ebb and flow, and Ai Ai Seiko and Boxin shares fell to the limit. Overall, there is little difference between the number of rising and falling stocks. The turnover of the Shanghai and Shenzhen stock markets today was 956 billion, a decrease of 87.5 billion from the previous trading day, and the turnover fell below one trillion.
Sector
On the plate, the lithium battery sector rose in the front, with individual stocks such as Nebula shares, Tianci Materials, Putailai, and Mustang Battery, and stocks such as Dangsheng Technology, Lingpai Technology, Peneng Technology, and Enjie Shares among the top gainers, and CATL also rose by more than 3%. On the news side, on March 25, Zeng Yuqun, chairman of CATL, said that CATL is providing equipment to Tesla's factory in Nevada. The two companies are also collaborating on battery technology, and the company is working with Tesla to develop batteries that charge faster.
Shanxi Securities Research Report pointed out that the demand for new energy vehicles and power batteries picked up in March, and the gradual implementation of the support policy for car trade-in, which is expected to further stimulate the growth of the new energy vehicle market. From the perspective of the market, the strength of today's lithium battery sector, on the one hand, is the gradual ebb of the pan-technology direction represented by AI, which has led to the beginning of short-term active funds.
Xiaomi auto concept stocks have been repeatedly active, with Aolian Electronics, Jinrong Tianyu, Sanlian Forging 20CM daily limit, Kaizhong shares, innovative new materials, molding technology, Desay SV, Demaishi, etc. On the news side, Xiaomi car SU7 will be officially released at 7 pm on March 28. Lei Jun, founder of Xiaomi Group, emphasized that intelligent driving + intelligent cabin + ecology will help Xiaomi Auto stand out in the market competition. Xiaomi Auto will integrate intelligent driving, intelligent cockpit and ecosystem to create unique technological advantages.
It can be seen that the recent hype of the Xiaomi car concept is an anticipatory game for the 28th car conference, and gradually extends to the entire new energy vehicle industry chain. However, it should be noted that with the gradual ebb of the main line sector, the market risk appetite has decreased, and it is not ruled out that some funds may choose to rush to sell in the next two trading days. Therefore, after experiencing today's consistent volume increase, the cost performance of chasing the front row is low, and we can focus on the opportunity to make up for the increase in the new energy vehicle industry chain.
Aquatic products and nuclear pollution prevention and control strengthened in the afternoon, Guolian Aquatic Products, Dahu Shares, Jiangsu Wuzhong, Huashengchang and other stocks rose to the limit, and China Power Environmental Protection, Zhengguang Shares, Zhongshui Fishery and other stocks rose to the top. On the news side, according to the results of the Tsinghua University team's simulation of Japan's nuclear sewage discharge into the sea, the nuclear sewage will reach the coast of the mainland next month. In addition to being catalyzed by the above-mentioned news, due to the fact that the core hot spots have been sorted out one after another, such relatively marginal themes have been further valued by funds, and they are first regarded as transitional themes in the ebb period, and their continuity needs to be further observed.
In terms of individual stocks
At the individual stock level, the style of today's market is more obvious. The loss effect of the direction of high-level stocks is still continuing, and the Ai Ai Seiko and Boxin shares that received funds at the end of yesterday were both nuclear in the opening stage today, and the power of Xinke, Xianheng International, Dali Pharmaceutical and other popular stocks on the board also showed a trend of A killing. In addition, it is worth paying special attention to the short-term dive of CPO concept stocks in the afternoon today, among which Xinyisheng once fell by more than 10% (closed down by more than 7%), and core targets such as Zhongji Innolight and Tianfu Communication also fell. Although the follow-up still received some funds to undertake and narrow the decline, the intraday volume shock may mean that the trend of the group of funds has been loosened. With the ebb and flow of the main line hot spots, the market's panic about high-level themes has intensified.
On the other hand, in the context of the main theme falling into the consolidation, the relatively low-level transitional themes have gradually gained the attention of funds, and the direction of real estate chain, lithium battery, and Xiaomi car has gone out of a certain continuity. Overall, although the height of the current highest board has dropped to 5 boards, the promotion rate of the board is still over 60%, mainly concentrated in the median direction of 2 boards and 3 boards. If the follow-up short-term sentiment is further repaired, you may be able to focus on the short-term arbitrage opportunities of the low-level board.
Market outlook analysis
As of the close, the ChiNext rose 0.17%, the Shenzhen Component Index rose 0.28%, and the ChiNext Index rose 0.44%. Northbound funds bought a net of 4.725 billion yuan throughout the day, including a net purchase of 2.252 billion yuan in Shanghai-Hong Kong Stock Connect and a net purchase of 2.473 billion yuan in Shenzhen-Hong Kong Stock Connect.
Today, the Shanghai Composite Index bottomed out and rebounded slightly to close in the red, successfully holding above the 3020 line, and the structure of medium-term range shocks has not been completely destroyed. However, it should be noted that although today's index bottomed out and rebounded, the turnover shrank again and was less than one trillion. In addition, the AI concept stocks, which were previously the main line of the market, continued to weaken, and in the context of the continuous adjustment of the application side, the hardware direction such as computing power and CPO also suffered a decline in the intraday, and the ebb of the main line undoubtedly suppressed the sentiment of the market outlook. Therefore, if the Shanghai Composite Index wants to get rid of the consolidation and become stronger again, on the one hand, it needs to stand on the 5-day moving average, and on the other hand, the money-losing effect in the AI direction still needs to be repaired. If the follow-up market fails to meet the above two conditions, the index may still face the risk of further bottoming.
With the rebound in the direction of the new energy track, today's short-term sentiment has been repaired, but as AI concept stocks continue to weaken, sentiment indicators are still hovering below the downturn zone.
Market news focus
1. Ministry of Industry and Information Technology: Focus on biomanufacturing, artificial intelligence and other fields to guide the continuous investment of financial capital, social capital and industrial capital
On March 26, Zhao Zhiguo, spokesman and chief engineer of the Ministry of Industry and Information Technology, said that the next step will be to guide financial institutions to increase capital investment in the manufacturing industry. Deepen the cooperation between industry and finance, strengthen cooperation with the financial management department, explore the linkage of "stocks, loans, debts and guarantees", and increase financial support for major strategies, key areas and weak links in the manufacturing industry. Expand the implementation of the "financial integration of science and technology industry" project, focus on biomanufacturing, artificial intelligence, digital technology, commercial aerospace, inland waterway vessels, low-altitude economy and other fields to explore early-stage hard science and technology projects, and guide financial capital, social capital, and industrial capital to continue to invest.
2. "Ministry of Industry and Information Technology: 5G, computing power and other infrastructure will be built moderately ahead of schedule
Finance Associated Press, March 26, Zhao Zhiguo, spokesman and chief engineer of the Ministry of Industry and Information Technology, said at a press conference of the State Council Information Office today that the next step will be to promote the deep integration of informatization and industrialization. At present, 5G applications are being promoted in the industrial field, and we will build infrastructure such as 5G and computing power moderately ahead of time to promote the large-scale application of the industrial Internet. At the same time, we will continue to promote the digital transformation of the manufacturing industry, actively build smart factories, implement special actions for digital empowerment of small and medium-sized enterprises, accelerate the empowerment of digital technology, and promote the development of the manufacturing industry towards digitalization, networking and intelligence.
(Finance Associated Press, Fenglin)