[stock market close] A shares fell and Prev fell by 3500 points. Lithium electricity, photovoltaic and other sectors weakened sharply.

The size index continued to weaken, the gem index fell 3.6%, individual stocks fell generally, up more than 9% only 50 stocks, down more than 9% stocks nearly 60, the market loss effect appears. On the plate, the early holding group plate became the main force, medical equipment, lithium electricity, photovoltaic and other plates all weakened significantly, and Gale shares, COSCO Sea Control, Hengli Petrochemical and other stocks fell sharply. Some funds flowed into games, online education, film and television media and other super-falling stocks, agriculture, rare earths, brokerages and other plates pulled up in intraday trading, and registered new shares such as drug C were also favored by funds. From the perspective of individual stocks, high-bid Changhua shares fell by the limit at the end of the day, and most of the stocks in the market were less than 10 yuan. On the whole, the phenomenon of capital abandoning high and low is obvious, and the risk preference before the festival is further reduced. On the disk, catering, games, media and other plates led the increase, while shipping, cobalt, registration and other plates led the decline.

As of the close, the Prev index fell 1.91% to close at 3505 points; the Shenzhen Composite Index fell 3.25% to close at 14913 points; and the gem index fell 3.63% to close at 3161 points. The net outflow of Shanghai shares is 3.66 billion, while that of Shenzhen stocks is 2.744 billion.

Huaxin Securities believes that A-share wide adjustment, the basic verification of the definition of the early Spring Festival market, the index trend of the market has ended, interval concussion is the main tone, structural opportunities will become the focus of the market before the year. Once again stressed that the launch of this round of market is mainly caused by the popularity of new equity funds, which has greatly changed the liquidity expectations of the market. At the same time, we do not think that the scale of public offering in early January is the peak, the scale of public offering after the festival is still expected to continue to rise, and pre-festival adjustment is a layout opportunity.

Soochow Securities mentioned that before there is a major change in monetary policy and economic recovery, the current trend and logic of the market have not changed, and it is still possible for the index to rise again after a short-term adjustment. It is suggested that investors should focus on the varieties with performance support, especially the companies with good expectations in the annual report. In addition, we should pay attention to the screening of the variety of hugging group, and we can continue to pay attention to it only after the callback to determine the performance and logic.

Tianfeng Securities said that the future market may enter a high shock phase, individual stocks fluctuate more, superimposing the performance forecast period of individual stocks, and cling to the leading companies with stable performance expectations and expanding share in the world. Although monetary policy has shifted, macro liquidity and fund issuance remain abundant, and there will still be a lot of structural opportunities in the market. Focus on the upstream and downstream of new energy with high prosperity, photovoltaic, petrochemical, semiconductor and pharmaceutical sectors. In addition, the in-situ Spring Festival may lead to short-term investment opportunities in related industries of the "residential economy".