[stock market close] the index fluctuated throughout the day, lithium electricity and automobile stocks strengthened.

The index fluctuated higher throughout the day, the gem index rose more than 2%, the market was clearly divided, individual stocks rose by half, up by more than 9% and more than 80, and the market made money. On the plate, the registered new shares of pure emotional speculation were cashed in by funds, resulting in a large money loss effect. Drug C Tesco and CXT fell by more than 30%, funds returned to lithium electricity, photovoltaic, military industry and other early main lines, and the whole vehicle plate strengthened sharply. Smart driving, food and beverage, rare earths and other plates were pulled up in intraday trading; on individual stocks, funds returned to core stocks, such as Luzhou old cellar, China Zhongjiao, and other new highs. Overall, the market can still shrink throughout the day, and the short-term market will continue to fluctuate. On the market, automobiles, super brands, animal vaccines and other plates led the increase, while the registration system sub-new, airport shipping, pharmaceutical commerce and other sectors led the decline.

As of the close, the Prev index rose 0.81% to close at 3533 points, the Shenzhen Composite Index rose 2.07% to close at 15335 points, and the gem index rose 2.17% to close at 3228 points. Shanghai shares have a net inflow of 299 million, while Shenzhen stocks have a net inflow of 2.982 billion.

Citic Construction Investment Securities believes that from the perspective of the short-term market, the A-share market and the Hong Kong stock market have entered fluctuations, and investors are advised to control their positions and pay attention to risks. The industries with high valuations in the early stage are still quite vulnerable, so it is suggested that investors should gradually reduce their allocation moderately. Stock ownership is not recommended for the holiday in 2021. After the Spring Festival, wait for the market to enter a clear state before choosing an opportunity to increase its holdings. It is suggested that investors configure industries along the direction of economic transformation and upgrading: first, there will be more significant opportunities in manufacturing and manufacturing-related upstream industries in 2021; second, with the rebound of manufacturing, new cycle industries such as new materials and new energy have bullwhip effect; third, the consumer industry is booming, but high valuation will reduce excess returns.

Guotai Junan Securities analysis, the follow-up market will fluctuate sideways at 3450-3700 points. The group will not disintegrate for the time being, but we need to pay attention to the investment opportunities outside the group and pay attention to the investment opportunities to the south. After the adjustment, dare to be optimistic and dig deep into the investment opportunities outside the group. 1) High-performance blue chip is still the core style of the next stage of the market, attach importance to the opportunities of non-high-performing blue chips, especially the global pricing cycle products with high prosperity and mid-stream manufacturing, and recommend non-ferrous / petrochemical / basic / machinery. 2) horizontally look at the industries with high performance-to-price ratio and reasonable chip structure, recommend medicine / hotel / tourism / furniture. 3) expect full adjustment, return to fundamental growth industries, recommend electronics / new energy / military industry. In addition, southward investment focuses on three main lines: scarcity / quality cost-effective / adverse situation reversal.

China International Capital Corporation said that the market may enter a temporary period of calm, and the subsequent debate over whether the policy is loose or tight and whether growth has peaked may be an ongoing focus. Industry suggestion: focus on structure rather than index. 1) consumption may continue to recover from a low base throughout the year, with relatively high certainty, it is still the key direction of stock selection from the bottom up; 2) absorb new energy and new energy vehicle industry chain in the middle and upper reaches of the industry chain; 3) science and technology and industrial independence pay attention to low-tech hardware such as electronic semiconductors; 4) cyclical industries pay attention to some metal raw materials, crude oil industry chain, and so on.

[hot stocks] the share price of lithium battery plate rose higher, the spot price of cobalt and lithium in the upper reaches of Sichuan energy power sealing plate soared.

[hot stocks] Poly Xiexin Energy shares soared by 30%. The production capacity of granular silicon is about to enter the 10,000-ton class.