Author|Zhao Ling,Editor|Gu Jinfeng
Source: Jufeng Investment Advisory, Good Stock Application
【Jufeng Viewpoint】
On Tuesday, A-shares fluctuated, and the main board was stronger than the ChiNext and the Science and Technology Innovation Board. On the disk, games, education, automobiles, and household light industry led the gains, while textiles and garments, paper printing, beauty care, decoration, cultural media, winemaking, traditional Chinese medicine, and packaging materials were among the top gainers; Utilities, coal, photovoltaics, shipping ports, gas, fertilizers, banks, batteries, etc. pulled back slightly. In terms of theme stocks, the concept of civil explosion, cloud games, childcare services, multimodal AI, online games, online education, AI pharmaceuticals, etc. were among the top gainers, and the fourth-generation semiconductors, synthetic biology, artificial meat, and immunotherapy pulled back slightly.
【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 concept of robots is strong: Shengtong shares, Siling shares, Jinglun Electronics, Far East shares, Jicheng Electronics, Jingxing Paper, Beite Technology, Fengli Intelligence, Nine Company, etc. are among the top gainers.
The concept of civil explosion is strong: Baiao Intelligent rose by more than 16%, Shengjingwei, Yipli, Poly United, Gaozheng Civil Explosion Limit, Jiangnan Chemical, Guangdong Hongda, Jinaobo and other top gainers.
【Inventory of important news】
The first tranche of 1 trillion yuan of ultra-long-term special treasury bonds was issued on May 17
The much-watched issuance of 1 trillion yuan of ultra-long-term special treasury bonds has been put on the agenda. The Ministry of Finance issued a notice on May 13, clarifying the relevant arrangements for the issuance of ultra-long-term special treasury bonds in 2024. Among them, the first issuance was on May 17 and was completed in mid-November. The maturity of ultra-long-term special treasury bonds includes 20 years, 30 years, and 50 years, and the interest is paid on a semi-annual basis.
226 companies plan to advance to the innovation layer of the New Third Board, and the "reserve army" of the Beijing Stock Exchange will be expanded
The reporter was informed that the recent National Equities Exchange and Quotations Company carried out the implementation of the third batch of innovation layer in 2024 according to the 2023 annual report disclosed by the basic layer listed companies before April 30, and after the self-inspection of the listed company, the verification of the sponsoring brokerage, and the preliminary screening of the national stock transfer company, the third batch of listed companies to be transferred to the innovation layer in 2024 was determined and released on May 13, and a total of 226 companies were to be transferred to the innovation layer.
The three major U.S. stock indexes closed mixed, and popular Chinese concept stocks rose
Eastern time on Monday, the three major U.S. stock indexes closed mixed, with the Dow down 0.21%, the Nasdaq up 0.29%, and the S&P 500 down 0.02%. Big tech stocks were mixed, with Tesla up more than 2%, Apple up nearly 2%, and Meta down more than 1%. WSB's popular concept stocks rose sharply, AMC Cinemas rose nearly 80%, and Game Station rose more than 74%. Popular Chinese concept stocks rose, Bilibili rose more than 12%, Tencent Music rose more than 11%, Weilai rose more than 6%, and Vipshop, Alibaba, Futu Holdings, and JD.com rose more than 5%.
Overnight external market: the three major U.S. stock indexes diverged, and popular Chinese concept stocks fell
U.S. stocks closed mixed, with the Dow rising eight times in a row; For the week, the Dow rose 2.16%, the Nasdaq rose 1.14%, and the S&P rose 1.85%. Large technology stocks were mixed, with Tesla falling more than 2%, Amazon falling more than 1%, Intel, Apple, Netflix, and Google falling slightly; Nvidia rose more than 1%, and Microsoft and Meta rose slightly. 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%, and Baidu and Futu Holdings fell more than 1%. Alibaba, Vipshop, Bilibili, Full Bang, and NetEase rose slightly. ZEEKR's stock price rose more than 34% on the first day of listing.
【Movement of funds】
According to Dongcai statistics, as of the end of the day, the Shanghai and Shenzhen stock markets showed a net outflow of funds, with a total outflow of 13.824 billion yuan from the Shanghai and Shenzhen stock markets on the same day. Among them, the net outflow of large orders was 4.264 billion yuan, the net outflow of large orders was 9.560 billion yuan, the net outflow of medium orders was 440 million yuan, and the net inflow of small orders was 14.264 billion yuan.
【Limit Analysis】
Today, there are 81 up limits and 40 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, artificial intelligence, Huawei concept and other sectors, and the overall money-making effect of the market is average.
【Opinion Strategy】
In early trading, the three major A-share indexes rose and fell, and more than 3,600 shares in the two cities were red. On the disk, games, education, automobiles, childcare services, household light industry, civil explosion concept, multimodal AI, Kuaishou concept, human brain engineering and other sectors are at the top of the list of gainers; Coal, precious metals, utilities, gas, aerospace, photovoltaic equipment, securities, coal chemical and other sectors pulled back.
In the afternoon, non-ferrous metals, vitamins, civil explosive concepts, securities, media and other sectors strengthened; Computer applications, semiconductors and other sectors were lower, and stock indexes failed to break the consolidation pattern. Yesterday's strong high-speed rail, electricity, gas, water and other price increases are expected to be seen in the concept of pullback, as well as banks, home appliances, insurance and other high-dividend sectors pullback, but individual stocks rose more and fell less, showing that the seesaw of the A-share market is still obvious.
Overall, after the Shanghai Composite Index broke through 3,100 points, it built a box shock, and investors can grasp the rhythm and sell high and buy low. 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. After the end of the earnings season, theme stocks are expected to be active again, and investors can focus on growth track stocks such as military industry, robotics, and new energy in May.
(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