Author|Zhao Ling,Editor|Gu Jinfeng
Source: Jufeng Investment Advisory, Good Stock Application
【Jufeng Viewpoint】
On Wednesday, A-shares rebounded in shock, and micro-cap stocks rebounded strongly. The disk showed a general rise pattern, with engineering consulting services, education, environmental protection, computer equipment, plastic products, consumer electronics, instrumentation, software development, electronic components, auto parts, motors, optics and optoelectronics, Internet services, professional services and other industries leading the rise. In terms of theme stocks, concepts such as spatial computing, micro-cap stocks, plant lighting, flying cars, copper high-speed connection, PEEK material concept, new urbanization, electronic license plates, new industrialization, smart light poles, generator concepts, memory chips, and vocational education rose more than 7%. Pay attention to Jufeng Investment Advisor (jfinfo)/good stock application, and the analysis and research report of the leading target of "Institutional Research and Selection" is waiting for you to get!
【Technical Watch】
In the medium term, the market is now on the upswing after a mid-term shock. In the short term, the market has rapidly adjusted into the short market, and the weekly line has been adjusted, and the short-term position control is mainly wait-and-see.
【Hot Plate】
The education sector strengthened: Kaiyuan Education and Kede Education rose by more than 10%, and Oriental Fashion, Chuanzhi Education, Xueda Education, and Onlly Education rose by the limit.
Computer equipment strengthened: Hanbang Hi-Tech, Zhaori Technology, Guao Technology, Jie'an Hi-Tech, Langke Technology, Anjubao, Roput rose more than 10%, Suzhou University of Science and Technology, Liding Optoelectronics, Hengwei Technology, and Demingli rose by the limit.
Banks rose in the afternoon: China CITIC Bank, Bank of Ningbo, Ping An Bank, Qingnong Commercial Bank, Bank of Lanzhou, Ruifeng Bank, Bank of Suzhou, Everbright Bank, etc.
【Inventory of important news】
The economy is off to a good start and positive factors have accumulated
"In the first quarter, production demand rose steadily, employment prices were generally stable, market confidence continued to increase, new results were achieved in high-quality development, and the national economy continued to pick up. Sheng Laiyun, deputy director of the National Bureau of Statistics, said that on the whole, the national economy had a good start in the first quarter, and the positive factors had accumulated and increased, laying a good foundation for achieving the goals and tasks of the year.
The China Securities Regulatory Commission answers questions from reporters on issues related to dividends and delisting
The purpose of this delisting indicator adjustment is to increase efforts to clear out the "zombie shells" 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. There is a view in the market that "this delisting rule change is mainly for small-cap stocks", which is a pure misreading.
The three major U.S. stock indexes were mixed, and large technology stocks were mixed
Eastern time on Tuesday, the three major U.S. stock indexes were mixed, as of the close, the Dow rose 0.17%, the Nasdaq fell 0.12%, and the S&P 500 fell 0.21%. Large technology stocks were mixed, with Supermicro Computer up more than 10%, Nvidia, Netflix, AMD up more than 1%, and Microsoft and Micron Technology rising slightly.
【Movement of funds】
According to Dongcai statistics, as of the end of the day, the Shanghai and Shenzhen stock markets showed a net inflow of funds, and the total inflow of funds in Shanghai and Shenzhen on the same day was 27.264 billion yuan. Among them, the net inflow of large orders was 17.985 billion yuan, the net inflow of large orders was 9.279 billion yuan, the net outflow of medium orders was 8.759 billion yuan, and the net outflow of small orders was 18.505 billion yuan.
【Limit Analysis】
Today, there are 238 up limits and 28 down limits;
Today, the number of up-limit boards in the two markets increased compared with the previous trading day, and the number of down-limit boards decreased from the previous trading day. The price limit data shows that the market sentiment has picked up today from the previous trade. The price limit is mainly concentrated in new energy vehicles, state-owned enterprise reform, artificial intelligence and other sectors, and the overall money-making effect of the market is average.
【Opinion Strategy】
In early trading, the three major A-share indexes collectively rose by more than 1%, more than 4,900 shares in the two cities were red, and 165 stocks rose to the limit. On the market, all sectors rose across the board, and micro-cap stocks rebounded nearly 9% in retaliation. Spatial computing, engineering consulting services, education, electronic license plates, Sora concept, smart light poles, flying cars, memory chips, digital twins, smart government affairs, PEEK materials and other sectors are at the top of the list of gainers.
In the afternoon, the banking, military, power equipment, and semiconductor sectors strengthened; the ST sector continued to decline, with nearly 30 shares falling to the limit; bank stocks strengthened across the board at the end of the session, with Bank of China and Agricultural Bank of China both hitting record highs, and Bank of Communications hitting new highs in more than 16 years; and stock indexes continuing to rise. The northbound capital outflow was 18 million yuan in early trading, first suppressed and then rose in the afternoon, and the intraday net outflow reached 2 billion yuan and then turned around, and the market turnover exceeded 900 billion yuan.
Since August 2023, the A-share adjustment has been mainly affected by the depreciation of the RMB exchange rate and geopolitical factors. In the medium term, with the implementation of various counter-cyclical adjustment policies and measures, the domestic economy has entered a recovery cycle, and A-shares have gradually found the bottom of the market and fluctuated upward.
Investment advice: Jufeng Investment Consulting believes that under the expectation of economic recovery, A-shares are expected to enter a medium and long-term bull market. In the short term, the market is mainly affected by exchange rates and external geopolitical factors. In the medium to long term, the market has returned to activity, and the attractiveness of A-shares will further enhance in the future. Investors can take advantage of the dip to deploy state-owned enterprise reform targets that are expected to increase their holdings or buy back, and the annual report disclosure has entered a peak period, and the short-term growth style may be under pressure to pull back.
(Author: Zhao Ling Practicing Certificate: A0680615040001)
Disclaimer: The above content is for reference only and does not constitute specific operation advice, and you shall operate at your own risk and profit and loss