1. Trend review
On April 16, the three major indexes fell in panic again, with micro-cap stocks becoming the hardest hit, with the CSI 1000 falling 4.18% and the CNI 2000 falling 5.32%.
Under the impact of uncertain factors such as geopolitical conflicts in the Middle East and the April earnings month, as well as the general decline of peripheral stock markets, today's micro-cap stock panic market accelerated again, and the decline accelerated at the end of the session. However, this decline is mainly emotional catharsis, and some stocks with performance growth in 2023 and pre-increase in the first quarter have also been mistakenly killed.
The turnover of the Shanghai and Shenzhen stock markets today was 947.2 billion, a decrease of 49.9 billion from the previous trading day. More than 5,000 stocks fell in the market. Northbound funds sold a net of 2.793 billion yuan throughout the day, including a net sale of 1.360 billion yuan in Shanghai-Hong Kong Stock Connect and a net sale of 1.432 billion yuan in Shenzhen-Hong Kong Stock Connect.
Chart: Changes in the turnover of the two markets in the past 7 trading days
Chart: Net inflow of northbound funds in the past month Data source: Wind data
Second, the performance of the sector
Today's leading industry sector is the kitchen and bathroom electrical appliances sector, and the leading concept sector is the transfer and filling rights sector.
The industry sector with the largest net inflow of main funds is the kitchen and bathroom appliances sector, and the concept sector with the largest inflow is the pet economy, the brand lifting, and the beer concept sector.
3. Pioneer of individual stocks
As of the close of trading on April 16, there were 4 stocks on the board.
The stock with the highest net inflow of main funds was JSTC, with an inflow of 134 million yuan, followed by Agricultural Bank of China, with a net inflow of 132 million yuan.
The top five gainers of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect are as follows.
Fourth, market sentiment
1. Playing board height: Chunguang Technology, the same as the 3 boards of shares.
2. Today, the number of stocks in the two cities rose 279 and fell 5066, up more than 5%: the number of companies that fell more than 5% was 51:3450, and the number of companies in the previous trading day was 124:1936.
3. There are 19 daily limits today, 25 last trading day, and the daily limit sealing rate has risen from 48% to 73%. The average return of individual stocks on the trading day is -0.74%.
4. Record high stocks:
Today, there are Guanghe Technology, Halma Technology, Naipu Mining Machinery, Kesi Shares, Shandong High-speed, Jiangzhong Pharmaceutical, Sailun Tire, Agricultural Bank of China, Bank of China 9 stocks closed at a record high (23 on the last trading day), of which Halma Technology, Kesi Shares, Jiangzhong Pharmaceutical, Sailun Tire, Agricultural Bank of China 5 stocks are new highs on the basis of the new high on the previous trading day.
5. Frontline opportunities
1. Medium and special valuation
The nine new articles were promulgated to guide the market to improve the construction of the value investment system, encourage listed companies to actively pay dividends, and strengthen the delisting mechanism.
Related stocks: CRRC, China Galaxy, China Communications Construction, CSSC Hanguang
2、Pura70
The Huawei Pura will be available in the near future.
Related stocks: Guanghong Technology, Crystal Optoelectronics, O-film, Visionox, Huali Chuangtong
Sixth, the viewpoint is forward-looking
Guosheng Securities said that the overall operation of the domestic economy is stable, and the macro data is not weak, but the supply and demand are still unbalanced, and the market may not have a strong performance in the short term. The recent trend of gold, US dollar and cyclical products is relatively independent, which also indicates that the price elasticity of cyclical varieties may be enhanced in the safe-haven market. On the whole, in the context of the implementation of the new "National Nine Articles", the market will pay more attention to high-quality listed companies, and the short-term blue-chip performance may be greater than the theme direction. In terms of operation, it is recommended to focus on the allocation of blue-chip steel, non-silver, coal, non-ferrous metals and other sectors represented by the Chinese prefix or relatively dominant. Growth and technology direction, focusing on the opportunity rotation of technology sectors such as computing power, low-altitude economy, robotics, cultural video, and new quality productivity.
The home appliance sector rose today, and Huachuang Securities said that in this round of raw material price change cycle, the white electricity sector with the preferred pattern is king. In the stage of rising costs, white electric faucets have more flexible cost transmission means and stronger upstream and downstream bargaining power. In the stage of cost decline, the profitability of white electric faucets is more certain.