U.S. stocks Nasdaq rose 2% to record the biggest increase in two months, the U.S. PCE data was relatively modest, the market's worries were suspended, commodities as a whole remained strong, and most of the domestic industrial products maintained a volatile trend. The continuous rise in the external market has also led to the continuous rebound of A-shares, and the trading volume of the two markets has rebounded sharply, and the improvement of liquidity is the direct factor driving the rise of the Hong Kong stock market in this round. The sharp net inflow of northbound funds also shows that the pace of over-the-counter funds is accelerating, so the improvement of foreign sentiment will also help the index to rebound, which will change the strategy of institutional funds to reduce their positions sharply before the holiday, and also pay attention to new opportunities after the index rises.
Riding bulls and bears found that from a historical point of view, the market performance is usually better in the time period when there is a large inflow of northbound funds, and when the inflow of northbound funds exceeds 20 billion in a single day, the probability of the market rising on that day and the next week is higher. Judging from the historical time period when northbound funds have flowed into A-shares eight times, the overall market performance of seven of them has been better. In the long run, the slowdown in the U.S. economy and the continued depreciation of the yen, A-share assets are currently cost-effective. In the internal environment, the mainland economy is currently maintaining a recovery trend, with GDP exceeding market expectations in the first quarter, while the overall valuation of A-shares is at a low position, and the layout is cost-effective.
The three major indexes opened mixed, the ChiNext index took the lead in rushing up, the stocks in the two cities rose more and fell less, and the theme plate performed strongly in the auto dismantling, robotics, Sora concept and other sectors, and the shipbuilding, oil, coal and other sectors performed poorly. The concept of intelligent driving is strong, Yitong Century, Kaizhong Precision, etc., many stocks such as Horn Automobile and Electric, Wanji Technology and other stocks rose more than 10%, Tesla CEO Elon Musk is seeking to launch full self-driving (FSD) software in China and seeks approval, Tesla will invest about $10 billion in AI training and inference this year. Robot concept stocks opened actively, Jiangsu Leili rose more than 13%, Tianqi shares rose to the limit, Beijing Humanoid Robot Innovation Center released the world's first pure electric drive anthropomorphic running full-size humanoid robot "Tiangong" in Beijing Economic and Technological Development Zone on April 27, which can run stably at a speed of 6 km / h.
The wind power sector has risen, Haili wind power has risen by more than 11%, Dongfang Cable has hit the daily limit, Daikin Heavy Industries and Tianshun Wind Energy are approaching the daily limit, and in the future, rural wind power will become one of the 'wind power troikas' in the new era with onshore bases and offshore wind power, and it is a new 'trillion-level' market. Automobile dismantling concept stocks rose sharply, beyond the technology rose nearly 20%, Huahong Technology, Tianqi shares and other shares of the limit, the Ministry of Commerce, the Ministry of Finance and other 7 departments jointly issued the "car trade-in subsidy implementation rules", the "rules" clarified the scope and standards of subsidies. Real estate stocks fluctuated and rose, Nanguo Real Estate 3 boards, Huayuan Real Estate, Jinbin Development and other shares rose more than 5%, from April 29, Chengdu commercial housing projects no longer implement notarization lottery selection, by the enterprise independent sales. City-wide housing transactions will no longer review the qualifications for home purchases.
The Shanghai Composite Index broke through 3,100 points on Monday and regained its position on the annual line, and it is really uncommon for the market to rise four times before the holiday. Foreign capital not only did not reduce their positions before the holiday, but continued to intervene, which really made Brother Niu have to feel that he was going to "make a big move". The current market northbound funds have changed the sentiment of the funds in the market, and financial stocks such as securities and banks have risen again, which has also driven the market higher. In the afternoon, pay attention to whether the Shanghai Composite Index can stabilize above 3110 points.
The ChiNext index rose nearly 5% intraday on Monday, such a continuous long white line is really rare, and small and medium-sized stocks are generally rising, which is a blowout market. Although 95% of the small and medium-cap stocks did not outperform the index, but the general rise in the market, so that investors will be in a much better mood before May Day, after all, there are still very few people who really make money during this time, and most people will choose to hold shares for the holiday if they have a chance to rebound. In the afternoon, pay attention to whether the GEM index can stabilize above 1800 points.
Lunchtime highlights:
1. The People's Bank of China carried out a 7-day reverse repurchase operation of 2 billion yuan today, and the winning interest rate was 1.80%, the same as before. There is a reverse repurchase of 2 billion yuan due today
2. As of April 26, the financing balance of the Shanghai Stock Exchange was 783.867 billion yuan, a decrease of 692 million yuan from the previous trading day, the financing balance of the Shenzhen Stock Exchange was 696.915 billion yuan, a decrease of 2.719 billion yuan from the previous trading day, and the total of the two cities was 1480.782 billion yuan, a decrease of 3.411 billion yuan from the previous trading day.