[stock market afternoon review] the index of the two markets showed a strong performance. The Prev rose 0.71%. The consumer electronics sector led the gains.

Published: May 26, 2020 11:56
The morning index opened higher, and then the three major stock indexes rose unilaterally, while the Shenzhen Composite Index and Chuang Index performed strongly. On the market, consumer sectors such as home appliances, tourism, electronics and so on showed a strong performance, while the automobile sector strengthened sharply, and yesterday's strong liquor stocks showed a pullback. As soon as technology stocks changed their declining trend, they continued to rise, Internet celebrities and consumer electronics plates continued to rise. In addition, the performance of secondary new stocks and science and technology board stocks also strengthened. As of press time, the Prev Index was at 2837.88 points, up 0.71%, the Shenzhen Index at 10752.28 points, up 1.51%, and the Chuangshi Index at 2103.12 points, up 2.48%.

SMM5 on June 26: the morning index opened high, followed by the three major stock indexes rising unilaterally, the Shenzhen Composite Index and Chuang Index showed a strong performance. On the market, consumer sectors such as home appliances, tourism, electronics and so on showed a strong performance, while the automobile sector strengthened sharply, and yesterday's strong liquor stocks showed a pullback. On the whole, the market mood in early trading is more positive and the money-making effect is better. Near midday, the three major indexes continued to consolidate at a high level. As soon as technology stocks changed their declining trend, they continued to rise, Internet celebrities and consumer electronics plates continued to rise. In addition, the performance of secondary new stocks and science and technology board stocks also strengthened. On the whole, the short-term funds in the market are high, the money-making effect continues to pick up, individual stocks in the plate are generally rising, and the sentiment of funds to do more appears. As of press time, the Prev Index was at 2837.88 points, up 0.71%, the Shenzhen Index at 10752.28 points, up 1.51%, and the Chuangshi Index at 2103.12 points, up 2.48%.

Review of changes

The whole vehicle plate was pulled up, Valin Xingma and Jianghuai Motor rose 8%, while dawning shares, BYD, Guangzhou Automobile Group and so on rose slightly.

Tire pressure monitoring plate pull up, access to the electric limit, Baolong technology, Wantong intelligent control, Kangster, Hongquan things couplet and so on.

Scenic spots and tourism plate pull up, Caesar travel industry impact limit, China Travel Service, Tengbang International, number 100 Holdings, Zhejiang Yongqiang and so on.

The economic plate of Internet celebrities was pulled up, and Zhongguang chose to rise by the daily limit, which rose by more than 6% on Saturday, followed by Gravity Media, Zhongchang data, Huayang Lianzhong, Sanwu Interconnection and so on.

The concept of wireless headphones continued to rise, walkers pulled up the limit, Saint Bond shares rose more than 9%, Stryker, Huiwei Technology rose more than 8%.

Industrial marijuana plate changed to pull up, Zixin Pharmaceutical rose by the daily limit, Longjin Pharmaceutical rose by more than 6%, Lanxiao Technology, Shunhao shares, Fu'an Pharmaceutical, Baling Technology and so on rose.

The securities sector rose steadily, with Nanjing Securities rising 4%, while Bank of China Securities, Tianfeng Securities and Guojin Securities rose.

Kechuangban stocks are mostly higher, Tianzhun science and technology is up by the daily limit, Huaxingyuan is up 13%, and Xinmai Medical, Bairen Medical, Guangfeng Technology and so on are up more than 8%.

Message surface

[Bancassurance Regulatory Commission: resolutely win the battle to prevent and defuse major risks and continue to contain the bubble of real estate finance]

The responsible person of the relevant departments of the Bancassurance Regulatory Commission said on the 26th that the priorities of preventing and defusing financial risks this year include the safe handling of high-risk institutions, compacting the responsibilities of all parties, and making every effort to do a good job of coordination, cooperation and policy guidance. Vigorously reduce the high-risk shadow banking business to prevent a resurgence. We will continue to strengthen the disposal of non-performing assets and improve the accuracy of asset classification. We will resolutely implement the requirements of "housing speculation" and continue to curb the bubble of real estate finance. With regard to financial groups set up in violation of laws and regulations, under the premise of stabilizing the overall situation, we should seriously investigate and deal with violations of laws and regulations, make every effort to clean up assets, recover stolen goods, and reform and reorganize. We will further promote the special rectification of online lending and strengthen the standardization of Internet insurance. We will continue to make efforts to cooperate with local governments to deepen the reform and reorganization of state-owned enterprises, speed up economic restructuring, and resolve hidden debt risks.

[central bank: keeping M2 and the growth rate of social financing significantly higher than last year]

In the next stage, a prudent monetary policy will be more flexible and moderate. in accordance with the requirements set out in the Government work report, we will comprehensively use and innovate a variety of monetary policy tools to ensure reasonable and adequate liquidity. keep the growth rate of broad money M2 and social financing significantly higher than that of last year.

[the central bank suspended the reverse repurchase operation of 10 billion yuan for 37 consecutive trading days]

The open market of the central bank will conduct a seven-day reverse repurchase operation of 10 billion yuan today, with a net investment of 10 billion yuan on the same day because there is no expired reverse repurchase today. The central bank has suspended reverse repurchase operations for 37 consecutive trading days.

Institutional point of view

Looking to the future, Northeast Securities said that the market is still in a volatile pattern, with the index falling below the 20-day moving average and releasing certain technical risks, there is not much room for the short-term market to continue to decline.

Great Wall Securities pointed out that the uncertainty in overseas markets remains, the undervaluation, growth and risk aversion of A shares are highlighted again, and the follow-up net inflow of foreign capital is expected to continue to be stable.

Haitong Securities said that in the short term, the market rebound has ended since March 19, and the market has entered a pullback phase. However, from a medium-term perspective, it is still in the shock momentum after the low of 2 waves of the bull market, and prepare for the rise of 3 waves of the bull market. The three-wave rally in the bull market requires a rebound in fundamental data and energy savings at present.

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