The A-share three major stock indexes all closed up with semiconductors and components, automotive chips, silicon energy and other precious metals leading the decline [stock market close]

The afternoon index continued to rise, Kechuang 50 rose 3.98%, the turnover of the two cities broke through trillion yuan again after a month, the track stocks collectively rebounded, the Tongxin chip index rose nearly 4%, the photovoltaic index rose 3%, and the lithium index rose more than 2%. And coal, oil and gas, real estate, financial and other cyclical stocks adjusted; On the market, the digital countryside led the rise in early trading, the concept of new crown medicine was strong throughout the day, digital infrastructure continued to dominate the list, track stocks continued to rise in the afternoon, the chip industry chain set off a stop-and-stop trend, and more than 20 shares rose by the limit or more than 10%. Photovoltaic, energy storage and lithium stocks have all risen in turn. Overall, the money-making effect is better today, about 3500 stocks in the two cities rose, and in terms of high-bid stocks, Ningbo Construction Engineering 6 connected boards, True Vision, Yimikang, Jiatu, Zhejiang Nong shares, Meiyun, Black Peony, Zhejiang University net New, Zhizhen Technology, Guiguang Network, etc.; plate, photoresist, semiconductors and components, automotive chips, silicon energy, precious metals, corn, oil and gas mining, such as the top decline. By the close, the Prev index was up 0.93%, the Shenzhen Composite Index was up 1.9%, and the gem index was up 2.82%. Northbound funds bought 1.422 billion yuan net throughout the day, including 926 million yuan for Shanghai stocks and 496 million yuan for Shenzhen stocks.

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

Southwest Securities pointed out that the "Russia-Ukraine War" is a very typical "almost war" situation. Because the war is not in the interests of the leaders of the two countries. For its part, Ukraine lacks the strength to take the initiative to recapture two independent republics. For Russia, war is not in the interests of its leaders.

The current index is already at the bottom. The low point of the index in the early stage is the position with a very high performance-to-price ratio. In the current position, the 2022 and 2023 valuations of many growth track marks have fallen to about 20 times or less, but the growth rate is still high, with a high performance-to-price ratio.

Guosheng Securities believes that time for space, the index horizontal volatility pattern remains unchanged. Affected by the further deterioration of the situation in Russia and Ukraine and the wide adjustment of European stock markets, the indexes of the two cities opened lower throughout the day on Tuesday. From a technical point of view, the two city indexes have finished the main decline adjustment and entered the horizontal shock stage; among them, the Prev is obviously stronger and bottomed out earlier than the deep index, and the recent trend remains at 3356 to 3500 points for interval shocks, while the high points of the lower shadow line continue to rise, indicating that the center of gravity of the index is also rising. Although the mid-yin adjustment on Tuesday, but the structure did not go bad; The Shenzhen index is relatively weak than the Prev index, bottoming out late and rebound is not strong, and close to the previous low after Tuesday's closing, but it may have more room for an upward rebound in the future.

Overall, the two cities index pre-adjustment risk release is relatively full, the short-term has entered the horizontal market shock stage, need time to change space, although the amount of energy is insufficient, but one of the characteristics of market shock bottoming, patiently wait for the market uncertainty to reduce, at the same time reshape to do long expectations, or will usher in a wave of rebound.

Shanxi Securities said that it will continue to fluctuate the market in the short term, focusing on the market value targets with strong defense capabilities. Under the impact of the renewed deterioration of the conflict between Russia and Ukraine, the Shanghai and Shenzhen stock indexes fell quickly after the opening of trading yesterday, and the market sentiment boosted by frequent domestic positive policies suffered another sharp fall, and panic rose sharply. The seesaw between Russia and Ukraine will continue in the short term, but the probability of a full-scale war may be relatively limited. Given that Russia is the world's leading exporter of grains and energy, energy prices and grain prices are likely to rise, adding to upward inflationary pressure in Europe and the United States, prompting concerns about the Fed's rate hike in March, which may be "hawk" than the minutes of the previous FOMC meeting in January.

In terms of the research and judgment of the general trend of A-shares, a variety of uncertainties continue to make A-shares continue to fluctuate in the short term, and it is still recommended to pay attention to the market value targets with strong defense capabilities. In terms of the plate, the defense and military industry plate has gone out of a certain margin of safety and has a better configuration performance-to-price ratio. It is recommended to be patient and wait for the opportunity to fight back. At the same time, under the background of "giving priority to me", there is still a lot of room for the restoration of the real estate sector, which should be paid more attention to.