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Good morning, readers and friends, A-shares are not calm this weekend, there are two explosive news, can A-shares rise this week? Okay, let's go directly to today's morning review.
Overnight performance:
The three major U.S. stock indexes closed mixed on Friday, with the Dow recording an eight-day winning streak. As of the close, the Dow Jones Industrial Average rose 125.08 points from the previous trading day to close at 39,512.84 points, an increase of 0.32%; The S&P 500-stock index rose 8.60 points, or 0.16%, to close at 5222.68; The Nasdaq Composite Index fell 5.40 points, or 0.03%, to close at 16,340.87. The three major U.S. stock indexes have all risen for three consecutive weeks, with the Dow up 2.16%, the Nasdaq up 1.14%, and the S&P 500 up 1.85% this week.
Most of the large technology stocks fell, Tesla fell more than 2%, Amazon fell more than 1%, Intel, Apple, Netflix, and Google fell slightly; Nvidia rose more than 1%, and Microsoft and Meta rose slightly. Novavax Pharmaceutical rose nearly 99%, the biggest one-day gain since the company's U.S. IPO. Most of the popular Chinese concept stocks fell, and the Nasdaq China Golden Dragon Index fell 0.58%, down 1.93% for the week. Xpeng Motors fell more than 5%, Weilai fell more than 4%, Li Auto fell more than 2%, Baidu and Futu Holdings fell more than 1%, and iQiyi, JD.com, Weibo, Tencent Music, and Pinduoduo fell slightly. Alibaba, Vipshop, Bilibili, Full Bang, and NetEase rose slightly. ZEEKR's stock price rose more than 34% on the first day of listing.
Interpretation of important news affecting A-shares:
1. Suddenly! IPO suddenly restarted! What is the impact on A-shares?
Brothers and sisters suddenly lost the weekend, the IPO that had been suspended for three months suddenly restarted, everyone knows that in January this year, the A-share epic plunge, the Shanghai Composite Index fell 6.27%, the Shenzhen Component Index fell 13.77%, and the ChiNext fell 16.81%, because the more new shares were issued, the greater the absorption of market funds, and then the regulator suspended the IPO at that time in order to stop the fall, and the effect was indeed very good, and the A-shares rose sharply in February, and Dalong also returned 170,000 blood, but now after the IPO restarts, The market of A-shares can be interpreted from two aspects, in the long run, there are more companies that restart the IPO listing, which is good for the brokerage sector, and in the short term, the more new shares are listed, the funds are attracted by the new shares, and the probability of a decline in A-shares is greater.
2. Hong Kong Stock Connect dividend tax or reduction? Hong Kong stocks are driving the big rise! Institutional Discussion: How Big Will the Impact Be?
Last Friday, the Hang Seng Index rose outstandingly, mainly because of a news about "considering the reduction and exemption of 20% income tax that mainland individual investors need to pay when obtaining dividends and dividends through Hong Kong Stock Connect, so as to avoid double taxation in the two places" The news circulated in the market, but this news has not been officially confirmed, but it is also not far from ten, this news is good for Hong Kong stocks, and bad for A shares, domestic investors have run to play Hong Kong stocks, which is a bad for big A, and Hong Kong stocks do not need to pay dividend tax,, A shares to be delivered. Is this multiple-choice question too easy to choose, Hong Kong stocks have also fallen for 5 years, and Dalong continues to invest in Hong Kong stocks and Hang Seng Technology.
3. The world's major markets continue to welcome the general rise, and many indices hit a record high!
I'm sorry, A-shares have derailed from the world, it has nothing to do with it, don't be sentimental, the GEM year line is still green, and the Shanghai Composite Index has been rising this year, and the fund has not risen much.
Fourth, A shares are heavy! Implemented next Monday! Northbound funds no longer disclose real-time transaction amounts
Starting next Monday, foreign capital (northbound funds) will no longer publish intraday real-time trading data, only the closing to see, to say goodbye, northbound funds are what we often call foreign capital, Dalong is announcing the inflow and outflow data of foreign capital every day, in recent years, foreign capital (northbound funds) has been in the vane of domestic funds, foreign capital runs, most of the funds of A shares are sold, which also leads to the decline of the market, only the probability of a share rise when foreign capital flows is large, Now the United States said that the cancellation of the real-time trading data of northbound funds is to reduce the volatility of funds to follow the trend to A-shares, but in fact, it is another data that can be judged to be the rise and fall of A-shares, and next week Dalong will still update the foreign capital data after the close of the market every day. Should it fall or fall, this news is a negative blow to the market confidence of A-shares, and I want Dalong to say that you are too troublesome to give us a card number directly We can just put money inside.
5. The new version of the Biosafety Act involving WuXi will be held on the 15th, and the contract exemption of US pharmaceutical companies may be extended for 8 years
Brothers and sisters, there was a sudden bad news over the weekend, WuXi Department's new version of the "Biosafety Act" has gone viral in the market again, and the U.S. House of Representatives Committee is expected to discuss and vote on the bill next Wednesday (May 15), which is a normal procedural step for the bill to advance, the biosafety bill is the United States to push pharmaceutical and biotechnology companies to reduce their dependence on Chinese suppliers, but it is not so simple to completely cut ties with WuXi Department, Under the supplier's existing contract, the waiver can be extended until January 1, 2032, which may give U.S. pharmaceutical companies about eight years to change partners. If the "Biosafety Act" is passed, all the relevant to WuXi AppTec and WuXi will definitely be a big negative, WuXi AppTec more than 8% of its revenue comes from overseas, and 6% of its revenue is from the United States, in the short term, this news is bad for WuXi AppTec and the pharmaceutical sector, but considering that the pharmaceutical sector has fallen for 3 years and is at the lowest level, regardless of the low bearishness, there will still be a chance to rebound.
Today's A-share trend ideas
The resistance level of short-term A shares is at $1900 points, when will it officially break through and stand firm here, the next wave of A shares will begin, and last Friday, A shares fell in volume, and so on the shrinkage fall is when the dragon bottomed out.
At present, Dalong is mainly optimistic about the Growth Enterprise Market, Science and Technology Innovation Board, semiconductor chip artificial intelligence games, Hong Kong-based Hang Seng Technology, new energy vehicle intelligent driving, military industry, pharmaceutical and medical innovative drugs, Come on together in May, Dalong is optimistic about starting a new wave of rise in May, hug Dalong, and fight a turnaround!
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