[stock market close] the three major A-share indexes closed higher, and the Shenzhen Composite Index rose more than 2%. China-EU trade and other sectors strengthened.

Today, the sectors that are strengthening in turn are big consumption, China-EU trade and other sectors. Major consumer sectors include dairy, food processing, liquor, super brands and other sectors. The concept of China-EU agreement is mainly based on the shipping sector.

The big consumer plate is more sought after by funds, in which the logic is mainly that the big consumer plate has the confidence of the market, while the shipping plate does not. How to understand? Liquor plate has Guizhou Moutai, new energy vehicles have Ningde era, BYD, food consumption has golden arowana, photovoltaic Longji shares, and so on, the market capital will be anchored by these soldiers, and it may stimulate the plate to rise when the army reaches new highs.

The big consumer sector rebounded in the afternoon after a brief disagreement in early trading. Dairy sector signs of strengthening is more obvious, by the close, the number of daily limit increased to 9. Compared with liquor, the position of dairy sector is low, and the ratio of safety performance to price may be relatively high. Similar to the pork plate that rose and stopped yesterday, the dairy plate may also be divided tomorrow, that is, the front row stocks may continue to connect with the board, while the trend-following stocks may rush higher and fall back.

On the news side, since June last year, dairy companies have raised prices one after another. According to recent channel research feedback, Yili raised the price of its basic white milk products by 3-5% on December 29, according to Guosheng Securities and Anxin Securities Research report. The price increase products account for about 20% of normal temperature milk, the estimated sales revenue is about 15 billion yuan, and the thickening revenue is expected to be about 0.8%. At the same time, according to a research report by Guosheng Securities on January 5, Mengniu began to raise the price of its white milk products by about 4-5% at the end of December.

Guosheng Securities analysis, the market after the end of the year relatively loose liquidity performance is relatively positive, although the central bank net recovery of liquidity, but before the Spring Festival relatively loose liquidity basically formed a consensus, expected in its context, the market is expected to continue to interpret the "spring restlessness" market. At the same time, the market has experienced several times of hugging, and the duration of hugging is often about 2-3 months, even if the trend is not over, it is often faced with phased switching or rest; the prosperity of the variety is its core driver, and the seasonal law is also the main factor affecting it.

Haitong Securities said that the bull market cycle not only depends on time but also on space, this round of bull market compared with the historical increase is not high and the pace is slower, is expected to break the "bull no more than three". The end signal of the bull market in the past is profit or sentiment peak, this round of ROE is expected to rise to 21Q4, the current market sentiment is only 60 degrees, the bull market is still on the way. The spring market has begun, the short-term emphasis on underestimating stagflation of the big finance, the main line of the year is still the transformation and upgrading of science and technology and domestic demand.

China International Capital Corporation analysis, at the beginning of the market, plate performance may be affected by the "early year effect", fundamentals, valuation and other factors, more volatile. However, on the whole, it is noted that the high level of growth in China has fluctuated, the epidemic situation has been repeated locally but can be controlled as a whole, the overseas epidemic situation is still being interpreted, the vaccine is also landing rapidly, and China's policy continues to show a gradual U-turn. the market valuation is at the high average level of the historical range, and the Chinese market needs to pay attention to the structure in the fluctuation.