The three major A-share indexes all closed higher in sectors such as real estate services, leading the way in the decline of a few sectors such as silicon and energy [stock market closing]

The market opened higher in the morning and fell in the afternoon. Finally, the three major indexes all rose more than 1%, and the gem index led the rise. On the disk, the real estate plate opened strong, the photoresist concept stock was strong throughout the day, and novel coronavirus treatment concept stock rose and fell back in the afternoon. Late plate electronic ID card, oil and gas exploitation and other plate abnormal pull up. On the whole, stocks rose more than fell less. More than 3600 stocks in the two cities rose, and more than 100 stocks rose by the daily limit, but the fried board stocks were also close to 100 shares, with an explosion rate of close to 50%. Today's turnover on the Shanghai and Shenzhen stock markets is 1.2754 trillion, 83.4 billion higher than that of the previous trading day. Plate, real estate services, photoresist, novel coronavirus treatment, traditional Chinese medicine and other plates led the rise, securities, ports, silicon energy and other sectors fell. By the close, the Prev index was up 1.4%, the Shenzhen Composite Index was up 2.41%, and the gem index was up 2.87%. Northbound funds bought 5.365 billion net throughout the day, of which Shanghai stocks bought 492 million and Shenzhen stocks bought 4.874 billion.

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

Zhongyuan Securities said that although overseas political risks always exist, the opening of the reverse cycle of Sino-US monetary policy has increased the outflow of foreign capital, and the narrowing of the interest rate gap between China and the United States and the positive correlation trend of the Shanghai and Shenzhen 300 decline do not seem to have seen an inflection point in the short term. The domestic epidemic and the recovery of the real estate market may be around the middle of the year, but from the perspective of term spreads, The difference between the 10-year AA corporate bond yield and the one-year AA corporate bond yield is in a steep downward trend, indicating that the current market risk is mainly concentrated in the short term. 3.15 the sharp sell-off of coal stocks means that the most panic phase of the market is basically over. At present, more and more stocks have a high performance-to-price ratio, and the medium-and long-term trend of economic stability remains unchanged. Market sentiment is expected to gradually improve, ushered in a large rebound.

China International Capital Corporation research newspaper pointed out that the Federal Reserve raised interest rates by 25 basis points as scheduled, in line with expectations. The monetary policy statement highlighted broad inflation and the bitmap sharply raised interest rate increases this year. In the short term, the Fed has sent a signal: both to fight inflation and to avoid recession, to avoid recession, can tolerate some inflation. In the medium term, the Fed's tolerance of inflation increases the risk of stagflation. We believe that the impact of the Fed's monetary tightening is not over and will remain the main macro risk throughout 2022.

Shanxi Securities said that at the current time, it is recommended to lengthen the cycle to look at volatility, the support of market liquidity is still slightly insufficient, the willingness of foreign investors to increase their holdings in the short term is relatively low, and the suppression of upstream imported inflation on the profit space of enterprises in the middle and lower reaches is still strong. In the face of oversold rebound, it is recommended to maintain a certain degree of caution. At the same time, there is no need to be overly pessimistic. Asset prices have basically reflected the recent negative factors, and the downward space is relatively limited. It is suggested to balance the state of mind and keep enough bullets. We should continue to pay attention to the opportunities for the formation of high-quality targets of new energy, traditional Chinese medicine, semiconductors, national defense, and other sectors with good prosperity in the continuous pullback, while paying close attention to the marginal changes in the prosperity of the industry. Choose the opportunity to configure social services, real estate and other sectors that are expected to usher in a reversal.