【Focus Review】The Chinese word prefix and resource stocks continued to adjust, the Shanghai Composite Index fell three times in a row on the daily line, and the popularity of military informatization rose against the trend

Finance Associated Press on April 23, today's 49 shares of the limit, 22 shares of fried board, the sealing rate of 69%, Zhongheng design 5 boards, Guangha communication 20CM2 boards, Aowei Communications, Sichuang Electronics, Liren Technology, Asia-Pacific Industry, Aerospace Changfeng 2 boards, Lehui International, VIE Technology 5 days 4 boards, Zhanpeng Technology 5 days 3 boards, Baolidi 20CM6 days 3 boards, Hongtong Gas, Heshun Petroleum, Ciwen Media 3 days 2 boards. Overall, stocks rose more and fell less, and more than 3,200 stocks rose in the whole market. The turnover of the Shanghai and Shenzhen stock markets today was 775.4 billion, a decrease of 46.7 billion from the previous trading day, and the turnover fell below 800 billion. In terms of sectors, education, humanoid robots, Sora concept, underground pipe networks and other sectors were among the top gainers, while gold, coal, non-ferrous metals, and Zhongzitou were among the top decliners. At the close, the Shanghai Composite Index fell 0.74%, the Shenzhen Component Index fell 0.61%, and the ChiNext Index rose 0.15%. Northbound funds sold a net of 2.997 billion yuan throughout the day, of which 232 million yuan were net bought through Shanghai Stock Connect and 3.229 billion yuan were net sold through Shenzhen Stock Connect.

Sentiment and stock analysis

In terms of board stocks, Zhongheng Design, which has a low-altitude superposition of green infrastructure concept, has been promoted to 5 boards, becoming the only stock among the 5 stocks that have been promoted yesterday, and it is also the only highly connected board stock with more than 3 boards in the current market. In addition, Chunguang Technology and the same shares, which had walked out of the 6 boards, closed down for the second consecutive day. However, more than 40 of yesterday's first board stocks are still 6 today, making yesterday's daily limit plate close up nearly 2% today, so that the next day's premium of the first board limit has picked up, of which the promotion varieties are mostly the new rising direction of the concept of military informatization, if it can go out of the sustainability or help the popularity of the entire military sector. Although there was a strong capital replenishment action on the over-falling track such as innovative drugs and humanoid robots in the afternoon, it was still fruitless due to the lack of market volume and energy, and if the trading volume could not return to more than 900 billion, it would be extremely difficult to emerge a new popular main line in the short term.

Mainline hotspots

The news of the official establishment of the information support force of the Chinese People's Liberation Army last weekend continued to heat up the military sector led by the concept of military informationization, Guangha Communications, Aowei Communications, Sichuang Electronics, and Aerospace Changfeng were promoted to 2 consecutive boards, and Xingtu Xinke, Jie'an Hi-Tech, Aerospace Software, and Visualization Technology led the gains. Tianfeng Securities and many other securities firms are optimistic that the establishment of the information support force will deepen the process of national defense informatization, and may play an important role in specific technical fields such as electronic countermeasures and military data links. With the adjustment of the industry's prosperity before, it was finally released in last year's annual report and this year's quarterly report, and the last negative factors were cleared. Compared with the previous large-scale equipment procurement, which is good for OEMs, the deepening of this round of national defense informatization is expected to be good for multiple subdivisions such as systems, military electronic components, and upstream raw materials. Combined with the current allocation ratio of mainstream institutions such as public funds to the military sector is still in the historically low range, the subsequent potential allocation is expected to boost its sustainability.

Recently, the low-altitude economic concept differentiation trend is still the same, but the overall sentiment is still at a high level, although Wanfeng Aowei, Rice information, CITIC Haizhi and other popular stocks continue to diverge at a high level, but Andawell, Jindun shares, Jianxin shares and other 20CM popular varieties have all come out of the repair market. Zhongheng Design, an infrastructure stock that has successfully won the bid for the Central China Intelligent Aircraft Industrial Base Project (Phase I), has been promoted to 5 consecutive boards, which has boosted a number of engineering design stocks involved in the low-altitude economic industry to varying degrees, including Construction Research Design, China Design Co., Ltd., Tus Design, and the Institute of Construction Science and Technology. As a pioneer of the low-altitude economic industry, Shenzhen has recently launched four sub-projects including the "four nets" low-altitude infrastructure construction, or drive up to 10 billion yuan of investment, with the intensive low-altitude industrial policies of many governments across the country, the scale and speed of infrastructure construction is expected to increase simultaneously.

The robot sector has been performing many times recently, and the rally has spread in the afternoon. In addition to the latest humanoid robot video progress released by Boston Dynamics, Nvidia CEO Jensen Huang recently said that the manufacturing cost of humanoid robots may be much lower than people expect, perhaps not higher than $10,000 to $20,000, and will become a new category of devices that have attracted everyone's attention. Multiple news is good and superimposed on the overall popularity of the robot sector to pick up, making Fengli Intelligent, Jinaobo both daily limits in the afternoon, Best, Wuzhou New Year, Mingzhi Electric, Haozhi Electromechanical and other traditional popular stocks in the forefront of the rise, but the intraday multi-share fried board also reflects that the market is still relatively limited, and the overall plate is still viewed as a high-low switching action. As for the wave of general rally in the afternoon of the innovative drug sector, it is more a reflection of the large-scale rise of innovative drug stocks in Hong Kong stocks, including the development policies of innovative drugs in Beijing and other places, which have actually been released one after another since last week, but the previous reflection of the innovative drug sector on these policies is not obvious. Driven by the direction of China's Internet and innovative drugs, the Hang Seng Index rose nearly 2% for two consecutive trading days this week, and the recent upgrade of Hong Kong stocks and A-share investment ratings by overseas investment banks, coupled with the double boost of some funds switching from the highs and lows of the U.S. stock technology giants that continued to lead the rise, it is worth looking forward to whether the subsequent valuation repair of some over-falling tracks of A-shares will be triggered.

Spot gold prices continued to fall below 2400, 2300 US dollars two integer level, dragging down non-ferrous metals and other commodities collectively cooled, Shanghai tin main intraday fell 9%, Shanghai copper also fell sharply from last Friday's high above 81,000 yuan and once fell below the 78,000 yuan mark. In fact, when the price of London copper was approaching the $10,000 mark, the non-ferrous sector has shown signs of stagflation, and the first dive of gold prices has dragged down other non-ferrous futures to further force the accelerated withdrawal of long funds. Whether the sector can stabilize first of all, it is still necessary to pay attention to whether the corresponding futures varieties can get out of the stabilization market, and the risk of bottoming out of most of the rear varieties lacking performance support in the sector should not be underestimated.

Outlook for the market

Despite the overall weak performance of the index today, the number of rising stocks has increased sharply to more than 3,000, but the turnover continues to fall below 800 billion, which has become the main factor for the index to be sluggish. The recent thunderstorm in the first quarter performance of many coal stocks has killed the sentiment of resource stocks again, and then continued to suppress the main line of high dividends and equipment going to sea. Whether it is robots, innovative drugs, or even the strength of the once active large consumption and other over-falling directions, it is not possible to drive market sentiment, so in the short term, after the completion of the repair of several major over-falling branches, it is not ruled out that the second dip of market sentiment will once again trigger the possibility of the Shanghai Index testing the 3,000-point integer level. However, based on the continuous shrinking of the current market volume, it is expected to usher in a real decent repair market after the final release of short-term completion risks.

Today's daily limit analysis chart

(Finance Associated Press, Jin Haoming)