In the two trading days of this week (04/29-04/30), the three major A-share stock indexes all rose weekly, with the Shanghai Composite Index up 0.52%, the Shenzhen Component Index up 1.30%, and the ChiNext Index up 1.90%. The post-holiday market is worth looking forward to, and there are new highs!
According to statistics, from April 29th to April 30th, northbound funds bought a total of 2.276 billion yuan this week, including 585 million yuan in Shanghai-Hong Kong Stock Connect and 1.691 billion yuan in Shenzhen-Hong Kong Stock Connect. Since April, northbound funds have accumulated a net purchase of about 6 billion yuan, including about 4.6 billion yuan for Shanghai-Hong Kong Stock Connect and about 1.5 billion yuan for Shenzhen-Hong Kong Stock Connect. The cumulative net purchase for the year was about 74.2 billion yuan.
On the last trading day before the holiday, the market showed a pattern of slight adjustment, and finally the stock index fell 8 points to close at 3104 points, and the gem fell 29 points to close at 1858 points; 1927 stocks rose in the two cities, including 71 stocks that rose by more than 9%, 3248 stocks that fell in the two cities, and 52 stocks that fell by more than 9%. In fact, I have already told you that after breaking through the 3100 point annual line, it is necessary to further consolidate, step back to confirm, and be ready to go. The main force wants to get more chips before the holiday, here is to play high and fall back to wash the market, and this round of the market will not end easily, as long as the trading volume is still above one trillion here, the market can continue to advance at any time. Behind the trillion trading volume and the pullback, it is also a large-scale position adjustment and stock exchange, not the real escape to end the market.
The fundamental reason behind the rise of this round of market, on the one hand, the new rules on treasury bonds, on the other hand, the restructuring of securities companies is accelerating, and the emotional counterattack is expected to build a financial power! The key to the post-holiday market is still incremental funds, the general direction of the big A is clear, and the expectations are strong.
In April, 3100 points have been completed to break through and stabilize, so the rebound target in May is 3180-3200 points, if the market cooperates, then it can be completed at one time. If there is an emergency, there will be twists and turns, here is obviously also the rhythm of maintaining the stability of the market step by step, and we only need the market to stabilize, then the local speculation hot spots will continue to take turns to speculate, the worst moment of A shares has passed, the next focus is not to worry about the index, but how you position your direction, choose good stocks with high quality and good performance!
This week, who are northbound funds optimistic about, and who have they reduced?
According to the data, from the perspective of net purchases, northbound funds mainly increased their holdings in banks, batteries, communication equipment, medical devices, securities and other industries this week, of which banks led the way, with a net purchase amount of 5.725 billion yuan. From the perspective of net selling amount, northbound funds mainly reduced their holdings in cultural media, semiconductors, traditional Chinese medicine, power grid equipment, shipbuilding and other industries, and its Chinese media ranked first, with a net selling amount of 1.221 billion yuan.
According to the data, the top 5 stocks with the largest total increase in positions are China Merchants Bank, CATL, Mindray Medical, Luxshare Precision, and Ping An of China, and the top 20 stocks in the total amount of northbound funds this week are related to banks, batteries, medical devices and other sectors.
According to the data, the top 5 stocks with the largest total reduction are Guodian NARI, Daqin Railway, Focus Media, China Shipbuilding, and Bank of Jiangsu, and the top 20 stocks in the total amount of northbound funds reduced this week are related to semiconductors, cultural media, power grid equipment and other sectors.
(Disclaimer: The content of this article is for reference only and does not constitute investment advice.) Investors act accordingly at their own risk. ）
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Author: Xu Shirong
Editor: Li Ang Producer: Wang Junji This article involves individual stocks for reference only, and is not recommended for trading, and is not responsible for personal gains.