The market is sharply divided, with the Shenzhen Composite Index falling nearly 2%, individual stocks rising more than 9% and falling less, up more than 9% and nearly 100 stocks, but all of them are mainly low oversold and rebounded, and it is difficult to operate. On the plate, lithium electricity, photovoltaic, liquor, military industry and other main lines collectively fell sharply, but the overall carrying capacity of funds was OK. Some of the funds flowed into technology sectors such as semiconductors and domestic software, such as Foxin Software, Shanghai Silicon Industry, and so on. There are also low middle-level first stocks led by China CRRC, and undervalued sectors such as banks, real estate and other undervalued stocks. Alcoholic wine, COSCO Sea Control, Great Wall Motor, Sany heavy Industry and other high-level stocks across the line to make up for the decline, as a whole, the capital high and low switch, plate stock differentiation is obvious. On the disk, photoresist, SMIC, Kechuang sub-new shares and other plates led the rise, military industry, liquor, agriculture and other plates led the decline.
As of the close, the Prev index fell 0.91% to close at 3565 points; the Shenzhen Composite Index fell 1.92% to close at 15070 points; and the gem index fell 1.31% to close at 3089 points. Shanghai shares have a net inflow of 2.147 billion, while Shenzhen stocks have a net inflow of 2.96 billion.
Central Plains Securities said that at present, the focus of market attention has gradually shifted from first-tier blue chips to second-tier blue chips, and investors can actively tap the head companies in second-tier blue chips, seeking bargain-seeking layout, and the possibility of market sector rotation in the future is gradually increasing. It is expected that Prev short-term small collation is more likely, gem short-term small shocks may be greater. Investors are advised to pay close attention to the investment opportunities of engineering construction, non-ferrous metals, home appliances and aerospace and military sectors in the short term, and continue to pay attention to the investment opportunities of undervalued blue chips in the middle line.
Shanghai Securities noted that it is still optimistic about core assets because it is a sign of market maturity. The certainty of capital inflows from institutions such as foreign capital is strong, and medium-and long-term funds are constantly increasing their investment in A-shares. Therefore, this year is more optimistic about the leading assets, especially the core assets. There is no need to worry about the current thinking of institutional investors, but need to understand that after the market protagonist changes to institutional investors, mature A-shares and adolescence are of course different. The premium rate of the leader will break the ceiling record formed by the market in the past 20 years.
Wanlian Securities pointed out that before the arrival of the intensive disclosure period of the annual report, some historical performance grew steadily, the leading targets of the industry in the pro-cycle were favored by funds, and the valuation level was at an all-time high. Stock prices are expected to continue to rise or face marginal valuation pressure in the short term. As listed companies continue to disclose annual report performance data, incremental funds are expected to flow into industries with a higher margin of valuation during the period of market volatility adjustment.