[daily stock market review] A shares get off to a good start in March: Prev sprint 3500 points consumer sector becomes the biggest winner

A shares got off to a good start in March, the index fluctuated higher throughout the day, and the Shanghai Composite Index led the rise. On the plate, the growth track gradually became active, and the concept stocks of East and West calculation also fell and strengthened, pushing up the banks and brokerage stocks with a stronger index in the afternoon. Today's biggest winner is the consumer plate represented by beer, liquor, pork, chicken and tourism.

Plate aspect

The growth track is becoming more and more active. Last Friday, the green power plate had the strongest trend. Yesterday, it turned to lithium mining stocks, and today it turns to the photovoltaic plate. According to the rotation law of the track, the next semiconductor, military and other growth tracks may also be rotated.

The photovoltaic plate opened high under the stimulation of "Germany's proposed legislation to accelerate photovoltaic development", and fell back in intraday trading. As of the close, Ningbo Energy 4 board, Jiayu shares rose 20%, Ruihe shares and Huaxi Energy rose 10%. Wang Bohua, honorary chairman of the China Photovoltaic Industry Association, said that the European market grew the most last year and was the largest export market for Chinese photovoltaic products, accounting for nearly 40% of total exports. From a component point of view, Europe has also leapfrogged Asia to become China's largest export market, accounting for 43.9%.

In addition to the round performance of the growth track, the biggest winners today are the consumer sectors represented by beer, liquor, pork, chicken and tourism. In the beer plate, Yanjing Beer and Huiquan beer rose by the limit; in the breeding plate, Jin Xinnong, Xin Wufeng, New Hope, superstar agriculture and animal husbandry, Aonong biology rose by the limit. On the news, the Ministry of Commerce said that it has introduced practical and effective policies and measures to promote consumption and innovated to carry out a series of consumption promotion activities.

CICC said that historically, capital markets may have performed relatively positively before and after the two sessions, with sectors or industries involved in policy expectations of the two sessions usually performing brightly. As for the hot spots of the two sessions this year, Southwest Securities believes that infrastructure investment, scientific and technological innovation, consumption expansion, and indemnificatory apartment may become hot areas of concern.

In terms of individual stocks

In yesterday's Black Peony, Guiguang Network, Ningbo Construction Engineering, Chengbang shares, Zhejiang Nong shares and other high-bid continued negative feedback, today's resumption of trading in Zhejiang Construction Investment fell and opened as scheduled. After the opening, the phenomenon of "encircling Wei to save Zhao" reappeared, Jiatu, Qixin shares and other stocks pulled in a straight line, Ningbo Construction Engineering, Guiguang Network and other high-level stocks also fell and stabilized, which may stimulate Zhejiang Construction Investment to open the limit. In the afternoon, Zhejiang Jiantou once again blocked the limit, Zhizhen science and technology, black peony also touched the limit, promoted to 8 even board of the United States cloud also fell back.

In fact, Zhejiang Construction Investment in the morning trading limit for make-up, so it is easy to kill the mood directly released in place, which is easier to stimulate the plate to rebound. By the close, traditional infrastructure sectors such as prefabricated architecture, architectural decoration and water conservancy were all up more than 1%, but Zhejiang CCIC finally closed near the daily limit, which may be due to the poor timing of Ningbo CCIC's warping board, that is, the timing of the warping board had better be in the afternoon, not in the morning. This may refer to Rendong Holdings, which also opened the trading limit on March 16, 2021 when trading resumed. At that time, the evolution path was as follows: oversold junk stocks in early trading, first fully pulled up, Rendong Holdings opened the limit after it was closed, and Rendong Holdings rose again the next day to reach its peak.

Future analysis

As for the index, by the close, the Prev index was up 0.77%, the Shenzhen Composite Index was up 0.24%, and the gem index was up 0.16%. Today's turnover on the Shanghai and Shenzhen stock markets is 969.1 billion, 20 billion higher than that of the previous trading day. Northbound funds bought 3.276 billion yuan net throughout the day, including 2.807 billion yuan for Shanghai stocks and 470 million yuan for Shenzhen stocks.

The index fluctuated higher throughout the day, continuing the rebound. Specific to the index time-sharing, the Prev fell near the high of 3486 in early trading and accelerated to 3488 in late trading; the gem index fell near 2905 in early trading and rose to 2885 in late trading. It can be seen that the closing points of Prev and gem are all near the top of the concussion box, that is, the short-term upward pressure of Prev is roughly between 3490 and 3510, while that of gem is between 2840 and 2890.

In terms of mood, it rose 3207, an increase of 1226 over the previous trading day. In the case of excluding St shares and unopened new shares, 51 stocks rose by the limit, 8 more than the previous trading day; 16 fried stocks, 6 fewer than the previous trading day; gem / Science and Technology Innovation Board shares rose 6, an increase of 1 compared with the previous trading day; 5 fell by the limit, 10 fewer than the previous trading day.

Under the circumstances that some of the theme high stocks began to stop falling and stabilized, and Zhejiang Construction Investment released the risk today, the short-term mood entered a period of chaos, and then the mood can be stepped back or warmed up, or it mainly depends on: 1) whether the index facing box pressure in the short term is a breakthrough or a return; 2) changes in overseas news.

Focus on market news

1. Domestic commodity futures closed with palm oil up more than 7%.

March 1-domestic commodity futures closed, oil and oil led the rise, palm oil rose more than 7%, Zheng coal rose more than 6%, soybean oil and iron ore rose more than 5%, hot rolls and soybeans rose more than 4%, rapeseed meal and thread rose more than 3%, starch and soybean meal rose more than 2%, glass and PTA rose more than 1%, Zheng Mian and Hujin rose slightly, live pigs and rubber fell by more than 1%, and sugar and eggs fell slightly.

2. Germany plans to accelerate the expansion of wind and solar infrastructure to achieve the 100% renewable energy power supply target 15 years ahead of schedule.

March 1-the German Ministry of Economic Affairs put forward a draft to be enacted on Monday local time, and the country plans to accelerate the expansion of wind and solar infrastructure to achieve the 100% renewable energy power supply target 15 years ahead of schedule (to 2035). In the draft, the Ministry of Economic Affairs will increase the power generation capacity of onshore wind and solar facilities by about three times, and offshore wind power capacity will more than double. Onshore wind power capacity will increase from 3 gigawatts this year to 10 gigawatts in 2027, and solar capacity will increase from 7 gigawatts this year to 20 gigawatts in 2028. Offshore wind power facilities are also a key part of the plan, and Germany expects its capacity to rise from 30 gigawatts in 2030 to 70 gigawatts in 2045.