[stock market close] the three major A-share indexes fell sharply, and individual stocks in the lithium electricity sector fell by the limit in bulk.

Telah Terbit: Sep 16, 2021 15:16

Today, the three major A-share indexes continued to decline in the afternoon, with more than 3300 stocks down and 70 stocks down more than 9 per cent. The turnover between the two cities was nearly 1.5 trillion yuan, breaking the trillion yuan for the 42nd consecutive trading day. On the plate, lithium electricity and other high-growth plate stocks fell by the limit, coal, iron and steel and other periodic plates flameout, the agricultural plate represented by chicken and pork rose sharply against the market, and Xiaoming shares, New Hope, Tiankang Biology, Huatong shares and other sealing boards. From the disk, aquaculture, pork, agricultural cultivation, dairy and other sectors rose in the forefront, salt lake lithium extraction, HIT batteries, Huawei Hayes, silicone and other sectors led the decline. By the close, the Prev index was down 1.34%, the Shenzhen index was down 1.91%, the gem index was down 2.24%, and the northbound fund sold 3.014 billion net throughout the day.

For the future market trend, institutions have expressed their views.

Zhongyuan Securities said that as the Shanghai index failed to rise on Tuesday, the hot spots leading the market quietly changed again, cyclical industries began to differentiate, core assets and financial industries performed poorly, and the concept of low-carbon environmental protection emerged as a new force. Investors are advised to continue to pay attention to changes in policy and capital. It is expected that Prev short-term small collation is more likely, gem short-term small shocks may be greater. We advise investors to pay close attention to investment opportunities in petrochemical, energy, power and new materials industries in the short term, and continue to focus on investment opportunities in undervalued blue chips in the middle line.

Shanxi Securities said that economic data in August showed a sharp decline in social zero growth, including negative year-on-year growth in offline retail sales, industrial production and investment also fell year-on-year, and the economy as a whole hit bottom. September is the peak consumption season. Considering the release of consumer demand and the epidemic situation in Fujian, we expect the consumption data to rebound slightly in September. If the epidemic gradually stabilizes, the economy will recover in the fourth quarter of this year. We continue the previous overall strategy proposal, for high-level targets can be high and reduce positions, and bargain-seeking configuration will have profit repair of high-quality targets. At present, the overall valuation of A-shares is still low, the technology industry continues to maintain a high growth rate, although consumer themes are affected by the epidemic, but there is more room for recovery in the future, the overall fundamental support of A-shares is strong, and the long-term shock upward trend of the index continues.

China International Capital Corporation said that in history, in the stage of "growth confirming the downward trend and policy expectations rising but not yet introduced", the overall market opportunity may not be obvious. Only after the policy has clearly landed will the market index gain be more significant. At the same time, the style is not clear. It is not easy for the overall style to be relatively balanced between leading and lagging behind and to earn absolute income. The relative balance between leading and falling behind is its proposed configuration strategy since the end of July, a feature that may continue for some time in the short term. The growing style is still an important direction in the medium term, but at present, we should pay attention to controlling the rhythm; considering that it may be difficult to make decisions on several traditional raw materials sectors that currently lead the rise, we think that more attention should be paid to some backward sectors that are in line with policy expectations, including some consumption, some raw materials and so on.

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