Author|Zhao Ling,Editor|Gu Jinfeng
Source: Jufeng Investment Advisory, Good Stock Application
【Jufeng Viewpoint】
On Wednesday, A-shares rebounded in shrinkage, with small-cap stocks outperforming. On the disk, communication services, computer equipment, communication equipment, Internet services, software development, electronic components, precious metals, consumer electronics, engineering consulting services, auto parts, optics and optoelectronics, aerospace, semiconductors, etc. were among the top gainers; In terms of theme stocks, copper high-speed connection, flying cars, millimeter-wave radar, F5G concept, low-altitude economy, superconducting concept, optical communication module, CPO concept, Kimi concept, etc. were among the top gainers, and glyphosate, lithium mine concept, fourth-generation semiconductors, genetically modified, CRO, etc.
【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. 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!
【Hot Plate】
The concept of low-altitude economy is strong, Blue Ocean Huateng, Century Dingli, Shangluo Electronics, Jiechuang Intelligence, Hanchuan Intelligent 20cm daily limit, Wanfeng Aowei, VIE Technology, Zhongheng Design, etc.
Optical communication modules strengthened: Zhishang Technology's 20cm daily limit, Xinyisheng and Zhaolong Internet rose by more than 10%, and Aofei Data, Yuanjie Technology, Mingpu Optomagnetic, Zhongji Innolight and other top gainers.
The concept of computing power leasing rose: Aofei Data rose by more than 15%, and Hongbo shares, Yunsai Zhilian, Industrial Fortune Union, Special Information, and Jinji shares rose by more than 5%.
【Inventory of important news】
The list of the top ten heavy stocks in the first quarter of the public offering was released: Zijin Mining, Midea Group, and China Merchants Bank entered the top 10
On April 23, the first quarter report of the public fund in 2024 has been fully disclosed, and the trend of the public fund's position adjustment has also been exposed. According to the data, as of the end of the first quarter of 2024, Kweichow Moutai and CATL have been the first and second largest heavy stocks, Zijin Mining, Midea Group, and China Merchants Bank have newly entered the top ten heavy stocks, and Wuliangye, Luzhou Laojiao, Hengrui Pharmaceutical, Mindray Medical, and Shanxi Fenjiu, these five stocks are still among the top ten heavy stocks.
UBS upgraded Chinese mainland and Hong Kong equities to overweight
UBS upgraded Chinese mainland and Hong Kong equities to overweight and Taiwan and South Korea equities to neutral. In addition, UBS upgraded Chinese stocks to overweight, saying that the consumer and internet sectors are highly weighted in the MSCI China Index and are expected to perform better as consumption shows initial signs of recovery.
The three major U.S. stock indexes collectively closed up, and the Naba index rose more than 1%
Eastern time on Tuesday, U.S. stocks opened higher and moved higher, and the three major indexes collectively closed higher. At the close, the Nasdaq rose 1.59%, the S&P 500 rose 1.2%, and the Dow rose 0.69%. Large technology stocks rose, Netflix rose more than 4%, Nvidia rose more than 3%, Meta rose more than 2%, Tesla, Microsoft, Google, Amazon rose more than 1%, and Apple rose slightly. Popular Chinese concept stocks rose, Futu Holdings rose more than 11%, iQiyi rose more than 6%, Tencent Music rose more than 4%, Pinduoduo rose more than 3%, Xiaopeng Motors, Alibaba, JD.com rose more than 2%, Vipshop rose more than 1%, Baidu, Weibo, and Weilai rose 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 1.624 billion yuan. Among them, the net inflow of large orders was 5.275 billion yuan, the net outflow of large orders was 3.651 billion yuan, the net outflow of medium orders was 4.322 billion yuan, and the net inflow of small orders was 2.697 billion yuan.
【Limit Analysis】
Today, there are 72 up limits and 26 down limits;
Today, the number of up-limit boards in the two markets basically 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 today's market sentiment has rebounded from the previous trading day. The price limit is mainly concentrated in the low-altitude economy, military industry, artificial intelligence, state-owned enterprise reform, new energy vehicles and other sectors, and the overall money-making effect of the market is average.
【Opinion Strategy】
In early trading on Wednesday, A-shares continued to adjust the trend, and more than 3,600 shares in the two cities were red. On the disk, the concept of flying cars rose by more than 5%, and copper cable high-speed connection, low-altitude economy, electronic license plates, superconducting concepts, communication services, engineering consulting services, and millimeter wave concepts were at the top of the list. Energy metals, glyphosate, coal, diet pills, CRO, photovoltaic equipment, genetically modified, banks, batteries and other sectors led the decline.
In the afternoon, aerospace and military industry, computing power, liquid-cooled servers, new energy vehicles and other sectors were active, and the stock index expanded its gains, with the Science and Technology 50 rising by more than 1%. Northbound funds flowed in 1.8 billion yuan in early trading, and accelerated in late trading, with a net inflow of nearly 5 billion yuan throughout the day, and the market turnover remained around 800 billion yuan.
From the perspective of theme stocks, artificial intelligence-related concepts have rebounded across the board, and the low-altitude economy has set off a tide of price limits. At present, the Shanghai Composite Index has a solid support of 3,000 points, and the pressure above 3,090 points is still strong.
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