Author|Zhao Ling,Editor|Gu Jinfeng
Source: Jufeng Investment Advisory, Good Stock Application
【Jufeng Viewpoint】
On Friday, A-shares rose in volume, and theme stocks performed actively. On the disk, securities, precious metals, communication equipment, software development, Internet services, diversified finance, semiconductors, electronic components, real estate services, computer equipment, automobiles, electronic chemicals, cultural media, consumer electronics, etc. were among the top gainers; banks, railways and highways, shipping ports, coal, steel, etc. pulled back slightly. In terms of theme stocks, quantum communication, brokerage concepts, optical communication modules, CPO concepts, lab-grown diamonds, computing power concepts, Kimi concepts, network security, lidar, high-bandwidth memory, ChatGPT concepts, etc. were among the top gainers, while AI corpus, space station concepts, digital reading, Kimi concepts, superconducting concepts, Sora concepts, aerospace concepts, intellectual property rights, 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.
【Hot Plate】
The securities sector led the gains: Guosheng Financial Holdings, Zheshang Securities, Pacific, Founder Securities, Capital Securities, CICC, Jinlong shares, Cinda Securities, Huaxin shares, China Galaxy, Western Securities, etc. rose more than 9%.
The concept of low-altitude economy is active: Xin'an Century, Tianhe Defense 20cm daily limit, Zongheng Co., Ltd., Zhongheng Design, Sichuan University Zhisheng, Zongshen Power, General Design Institute, CITIC Sea direct daily limit.
The real estate sector was active in the afternoon: Nanguo Real Estate, I Love My Home, Damingcheng, Vantone Development, Poly Development, and Binjiang Group rose by more than 5%.
【Inventory of important news】
Concentrate on building a "national team" in the financial industry and promote the leading securities companies to become stronger and better
According to the Chinese National People's Congress website, the State Council recently issued a report on the research and handling of the deliberation opinions of the special report on the management of state-owned assets of financial enterprises and the situation of rectification and accountability. According to the report, efforts will be concentrated on building a "national team" in the financial industry. Research and draft an action plan to strengthen the management of state-owned financial capital, promote large state-owned financial enterprises to benchmark with world-class financial enterprises, highlight their main business, do fine and professional, and continuously enhance their competitiveness and international influence. Research and formulate guidance on promoting the high-quality development of the insurance industry, and promote the standardized development of non-bank financial institutions. Promote leading securities companies to become stronger and better, and support the Shanghai and Shenzhen stock exchanges to build world-class exchanges.
Guolian Securities announced the acquisition of a controlling stake in Minsheng Securities, impacting the top ten in the industry
The mergers and acquisitions of the securities industry are heating up, and Guolian Securities has taken the first step. On the evening of April 25, Guolian Securities issued the "Announcement on the Suspension of Trading on Planning Major Asset Restructuring". Guolian Securities said that the company is planning to acquire control of Minsheng Securities and raise matching funds by issuing A shares, and the company's shares will be suspended from the opening of the market on April 26.
The three major U.S. stock indexes collectively closed down, Meta fell more than 10%
The three major U.S. stock indexes collectively closed down, with the Dow down 0.98%, the Nasdaq down 0.64%, and the S&P 500 down 0.46%. Meta fell more than 10%, IBM fell more than 8%, Microsoft fell more than 2%, Google and Amazon fell more than 1%, Tesla rose about 5%, Nvidia rose more than 3%, and Netflix and Intel rose more than 1%. Popular Chinese concept stocks were mixed, Tencent Music and JD.com rose more than 1%, and Baidu, Alibaba, NetEase, and Xiaopeng Motors rose slightly. Bilibili, Li Auto, Futu Holdings, Pinduoduo, and Weibo fell more than 1%.
【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 funds in Shanghai and Shenzhen on the same day totaled 9.967 billion yuan. Among them, the net inflow of large orders was 13.965 billion yuan, the net outflow of large orders was 3.998 billion yuan, the net outflow of medium orders was 18.799 billion yuan, and the net inflow of small orders was 8.832 billion yuan.
【Limit Analysis】
Today, there are 32 up limits and 21 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 today's market sentiment has rebounded from the previous trading day. The price limit is mainly concentrated in the reform of state-owned enterprises, new energy vehicles and other sectors, and the overall money-making effect of the market is average. 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!
【Opinion Strategy】
In early trading on Friday, the three major A-share indexes rose collectively, with the ChiNext index rising more than 2.5%, and the net purchase of northbound funds exceeding 13.5 billion. On the disk, quantum communication, Kimi concept, computing power, AI corpus, CPO, lidar, high-bandwidth memory, precious metals, AI chips, NVIDIA concept, and Sora concept are at the top of the list of gainers. Sectors such as banks, helium concepts, coal, shipping ports, railways and roads, steel, chemical raw materials, and jewelry led the market with poor performance.
In the afternoon, computer equipment, computer applications, power equipment, real estate, securities, and other sectors continued to rise; the stock index rose, with the Shanghai Composite Index rising by more than 1%, the Shenzhen Component Index rising by more than 2%, and the ChiNext Index rising by more than 3%. After 13:30, the concept of low-altitude economy showed a situation of stagflation, and many stocks exploded or dived sharply. However, the non-ferrous metals and securities sectors continued to rise, offsetting the impact of the diving of popular themes on the broader market. Northbound funds continued to buy in the afternoon, with a net inflow of more than 20 billion yuan throughout the day, setting a record for the largest single-day net inflow of the year, and the market trading volume was amplified to the trillion level.
From the perspective of theme stocks, artificial intelligence and low-altitude economic trading congestion may ebb and flow, and the bull market flag bearer of the securities sector will return. 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