The nine articles of the new country finally showed their power, and the intraday rush to the 3100 integer off the annual line
Today's news:
The three major U.S. stock indexes collectively closed down overnight, with the Dow down 0.12%, the Nasdaq down 1.15%, and the S&P 500 down 0.58%. Most of the popular technology stocks fell, Nvidia fell more than 3%, Tesla, Amazon, and Meta all fell more than 1%. Airlines and precious metals rose first, United Airlines rose more than 17%, American Airlines rose more than 6%, Sandstorm Gold and Lamgold rose more than 3%, and Harmony Gold rose more than 2%. The semiconductor, robotics, and blockchain sectors were among the top decliners, with ASML falling more than 7%, AMD falling more than 5%, and Kelei, Micron Technology, and Navitas Semiconductor falling more than 4%.
Tao Qing, spokesman of the Ministry of Industry and Information Technology and director of the Operation Monitoring and Coordination Bureau, said at a press conference of the State Council Information Office on the 18th that in the next step, the Ministry of Industry and Information Technology will take the deep integration of artificial intelligence and manufacturing as the main line, intelligent manufacturing as the main direction, and scenario application as the traction to promote the intelligent transformation of the manufacturing industry, empower the industrial manufacturing system at a high level, and provide new momentum for high-quality development. Accelerate breakthroughs in key technologies based on artificial intelligence, and consolidate the foundation of application empowerment. Focusing on the underlying technologies of large models such as algorithms and computing power, accelerate the breakthrough of basic key core technologies and products such as intelligent chips, large model algorithms, and frameworks, accelerate the deployment of intelligent IoT terminals and industrial clouds, improve the ability of computing power supply, operation and management for the manufacturing industry, guide ecological enterprises to accelerate the creation of general large models with global competitiveness, cultivate industry large models for manufacturing scenarios, build high-level industrial databases, and stimulate the value of industrial data elements.
[Ministry of Industry and Information Technology: Actively cultivate high-tech enterprises in the field of low-altitude economy and accelerate low-altitude intelligent technology research and model innovation] Shan Zhongde, vice minister of the Ministry of Industry and Information Technology, said at a press conference of the State Council Information Office on the 18th that the next step is to accelerate the creation of a new engine for low-altitude economic growth. Focus on strengthening work in four aspects: First, speed up equipment innovation. Because the development of low-altitude economy requires low-altitude equipment, it is to focus on the development trend of unmanned, electrified and intelligent, accelerate the core technology research of new general aviation equipment, including key technological innovations such as batteries and motors applied to the aviation industry, and build a low-altitude equipment product system that meets the needs of different application scenarios, low cost, high reliability, high performance and high safety. The second is to strengthen the application traction. Focus on application scenarios, some are logistics, some are rescue, some are transportation, different scenarios, guided by the construction of industrial ecological chain, create a low-altitude multi-scenario application demonstration system, actively cultivate high-tech enterprises in the field of low-altitude economy, specialized and new "little giant" enterprises, accelerate the layout of the industrial chain of low-altitude economic development around the innovation chain, truly strengthen the deep integration of industry, university and research, and better develop the low-altitude economy. The third is to enhance technological penetration. Make full use of the new generation of information and communication technology, digital technology, intelligent technology, artificial intelligence and other enabling technologies, accelerate the research and mode innovation of low-altitude intelligent connection technology, and provide solid support for the construction of a safe and efficient operation system at low altitude in the future. With equipment, network technology, and scenario traction, we can develop well. Fourth, strengthen standard support. Accelerate the establishment of an industrial standard system that runs through the whole life cycle of low-altitude equipment R&D and design, manufacturing, test verification, and operation support, and work with relevant departments to promote the construction of a third-party testing and certification system.
[Big financial stocks continue to strengthen, China Agriculture, Industry and Construction all hit record highs] Big financial stocks continued to strengthen in early trading, Guosheng Financial Holdings, China CITIC Bank rose more than 7%, and Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, and China Construction Bank all hit record highs. In addition, Xinhua Insurance, China Pacific Insurance, and Chinese Life all rose by more than 3%.
The "Currency War" Begins! Asian Currencies Encounter a Full Storm] The strong US dollar is causing Asian currencies to encounter a general storm. Whether it is the yen, the Indian rupee, the South Korean won and other major Asian economic currencies, or the Indonesian rupiah, Vietnamese dong, Philippine peso and other small currencies of ASEAN countries, they have encountered a new round of selling pressure.
As of April 17, the financing balance of the Shanghai Stock Exchange was 788.806 billion yuan, an increase of 2.574 billion yuan from the previous trading day, the financing balance of the Shenzhen Stock Exchange was 700.608 billion yuan, an increase of 2.17 billion yuan from the previous trading day, and the total of the two cities was 1489.414 billion yuan, an increase of 4.744 billion yuan from the previous trading day.
[Net outflow of northbound funds of 2.6 billion yuan] As of the close of trading at noon, the net outflow of northbound funds was 2.605 billion.
This morning, the market opened at a low of 11 points at 3060 points, bottomed out at 3057 points, rushed up 3102 points, and closed at 3088 points before noon. The SSE 50, CSI 300, the Shenzhen Component Index fell, the Shenzhen Component Index, the ChiNext Board, the Science and Technology Innovation Board, the CSI 500 and the CSI 1000 rose 0.62%, 0.61%, 0.55%, 0.72%, 0.45%, 0.41%, 0.78% and 0.98%. The ratio of individual stocks is 3552:1603, and the ratio of price limit is 76:2. The half-day turnover of the two cities was 619.3 billion, an increase of 49.3 billion from the previous trading day.
Yesterday, the market closed above 3051 points, reversing the daily downward trend, and closed at 3171 points, closing with a bald white line, reversing the weekly K-line downward trend.
This morning, the market only pulled back to 3057 points, the national team's four major ETFs rose sharply, the four major bank stocks in the CITIC Bank 2 board also hit a new high, Bank of Suzhou, Bank of Hangzhou, Bank of Jiangsu, etc. also rose. The newly established 10 CSI 50 ETFs also took over the rise, and the market rushed to the 3,100-point integer mark in the intraday, with a maximum of 3,102 points, standing on the annual line for the first time. Big finance, energy, metals, home appliance industries, flying cars, aquaculture, general aviation, airports, etc. were among the top gainers. It can be seen that from the 3100 integer mark, it still needs to rely on the overall rise of large-cap stocks.
Since the release of the new nine articles at the end of last week, the market is generally optimistic and believes that the medium-term bull of A-shares can be expected. However, due to the fact that more than 1,000 individual stocks did not meet the dividend standards and were ST, which caused a panic in the market. On Tuesday, 5,066 stocks fell and more than 700 stocks fell to the limit. It cannot be ruled out that some parties in the market whose interests have been damaged by the strict IPO have deliberately turned the effect of the new national nine articles into a negative one, trying to suppress the index below 3,000 points again. Fortunately, the China Securities Regulatory Commission answered reporters' questions late at night and clarified the market's misunderstanding that the new dividend rules are aimed at small-cap stocks, and finally caused the market indices to soar yesterday. This morning, the volume went straight to the 3,100-point integer mark, so that the nine articles of the new country finally showed a positive effect, which will strongly encourage the confidence of investors.
The rally in the morning was gratifying, and the national team, various institutions and investors were actively long. On the basis of yesterday's slight shorting against the trend, the northbound funds continued to buck the trend this morning, with a net outflow of 5.3 billion at the most, and a net outflow of 2.6 billion before noon. In the morning, the total turnover of northbound funds was 101.2 billion, accounting for 16.2% of the total trading volume of A-shares, but it failed to stop the strong rise of the broader market.
In addition, the day before yesterday, Fitch downgraded the outlook of eight Chinese banks in China to negative from stable, and also downgraded the outlook of China's sovereign credit rating and the rating outlook of a number of Chinese companies. However, yesterday and today for two consecutive days, 42 A-share bank stocks rose across the board, and many of them hit new highs, indicating that Fitch's rating outlook downgrade (although it is different from the downgrade) is one-sided.
There are still 8 trading days left in the annual report disclosure, and it is estimated that there will be many stocks with negative performance, poor performance or loss. After Tuesday's sharp decline of 20% in small, micro, poor and loss-making stocks, investors should also learn a lesson from this, try to avoid touching the poor performance stocks in the small and micro stocks in the future, and abandon the speculation of poor performance stocks. Stock selection should still put performance in the first place, and adhere to the two-legged path of high-quality and high-dividend large-cap blue-chip stocks and mid-cap high-quality high-growth high-tech stocks, so as to avoid risks and make profits.
Afternoon attention: Can the bottom of the market close above 3050 points? Can the top close above 3071 points? Can the eight varieties of the national team continue to be strong? Can the northbound funds converge or turn into a net inflow on the basis of the net outflow of 2.6 billion yuan in the morning? Can the disparity between the rise and fall of individual stocks in 3552:1603 be maintained and expanded? Can the trading volume be enlarged to 950 billion to 1 trillion?