1. Trend review
After the relevant person in charge of the China Securities Regulatory Commission yesterday responded to the concerns of the market related to the recent delisting regulations, the market ushered in a sharp correction in sentiment today, with the Shanghai Composite Index rising more than 2%, and small and micro cap stocks ushering in a comprehensive recovery, with the CNI 2000 up 5.38%, the CSI 1000 up nearly 4.36%, and the Beijing Stock Exchange 50 up 4.25%. However, the amount of energy is still not effectively amplified, and after today's general rise, we need to continue to pay attention to the performance line and stay away from junk stocks.
The turnover of the Shanghai and Shenzhen stock markets today was 918.5 billion, a decrease of 28.7 billion from the previous trading day. More than 5,000 shares in the market are red. Northbound funds sold a net of 232 million yuan throughout the day, including a net sale of 255 million yuan in Shanghai-Hong Kong Stock Connect and a net purchase of 23 million 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 sectors are education, computer equipment, other electronics, consumer electronics, instrumentation and other sectors, and the leading concept sectors are PEEK materials, spatial computing, e-paper, spatio-temporal big data, and copper high-speed connection plates.
The industry sectors with the largest net inflow of main funds are banks, semiconductors and components, computer applications, and communication equipment, and the concept sectors with the largest inflows are state-owned enterprise reform, Huawei concept, artificial intelligence, chip concept, and new energy vehicle sector.
3. Pioneer of individual stocks
As of the close of trading on April 17, there were 9 stocks on the board.
The stock with the highest net inflow of main funds is GigaDevice with an inflow of 530 million yuan, followed by CITIC Haizhi and ZTE, with a net inflow of more than 400 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 stock 4 boards.
2. Today, the stocks in the two cities rose 5143, fell 203, and the number of companies rose by more than 5%: the number of companies that fell by more than 5% was 3086:21, and the number of companies in the previous trading day was 51:3450.
3. There are 233 daily limits today, 19 last trading day, and the daily limit sealing rate has risen from 73% to 83%. The average return of individual stocks on the trading day is 8.04%.
4. Record high stocks:
Today, the stock prices of 6 stocks of Guangdong Expressway A, Yunji Group, Guanghe Technology, Sieyuan Electric, Huaming Equipment and Halma Technology closed at a record high (9 on the previous trading day), of which Guanghe Technology and Halma Technology hit a new high 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
3. Shipping, crude oil
Uncertainty in the Middle East has increased, and the United States has recently announced that it will impose new sanctions on Iran in the next few days, and US Treasury Secretary Janet Yellen said that the focus of the new sanctions may be on restricting Iran's oil exports. At the same time, affected by related news, the Baltic Dry Bulk Index also continued to rise.
Related stocks: Jinjiang Shipping, COSCO Shipping, China Merchants Shipping, Potential Hengxin, Zhongman Petroleum
4. Machinery and equipment
Affected by large-scale equipment updates, the machinery and equipment sector is expected to usher in a new round of repair after recent adjustments and market sentiment corrections.
Related stocks: Genesis, Chinatungsten High-tech, Liugong, Yawei shares, Xiamen Gong shares
Sixth, the viewpoint is forward-looking
China Galaxy Securities: The China Securities Regulatory Commission expressed its views on dividends and delisting, saying that the adjustment of the delisting index is aimed at increasing efforts to clear out the "zombie shell" and "black sheep", not for "small-cap stocks". Steady arrangements have been made in terms of standard setting and transition period arrangements, which will not have an impact on the market in the short term. From a long-term perspective, it is imperative for good money to drive out bad money, the basic trend of China's long-term economic improvement will not change, and the external environment is still waiting for European and American countries to release liquidity, and will still maintain the upward pattern of the A-share market.
Ping An Securities pointed out that the "1+N" policy direction of the capital market is gradually clear, and it is expected to accelerate the transformation to the investment market. Structurally, it is recommended to pay attention to the direction of policy dividend benefits and marginal improvement of the industry's prosperity, one is the dividend expectation under the policy dividend of the superior enterprises and the large market white horse of listed companies with stable operation and good governance, the second is the upstream resource sector that is expected to improve the prosperity, and the third is the TMT/advanced manufacturing sector related to new quality productivity.