On Wednesday, the market fluctuated lower, and the three major stock indexes all fell slightly. Transaction between the two cities1354.64 billion. Disk observation, titanium dioxide, fluorine chemical industry, photovoltaic construction and other sectors were among the top gainers, while concept, gross index and brewing industry were among the top losers. The daily limit of the two cities was 105, with 8 daily limit. The net inflow of northbound funds is 265,438+40 million. The Shanghai Composite Index fell 0. 17% to 3,656.22 points, the Shenzhen Component Index fell 0.6 1% to 14536.3 1 point, and the Shanghai Composite Index fell 1. 12% to.

market outlook

Affected by the continuous downturn in traditional consumption sectors such as liquor and food, as well as the falling mood of Chinese prefix and bulk commodities, the stock index surged back and shrank. According to the data released by the National Bureau of Statistics today, due to the epidemic situation and public opinion, the total retail sales of consumer goods in August increased by 2.5% year-on-year. Residents travel less, and summer consumption is affected; In August, the growth rate of total retail sales of social consumer goods dropped by 6 percentage points, which was narrower than that of last month. In addition to the impact of floods and epidemics, there are also factors that the base increased in the same period last year. However, in the final analysis, the sluggish consumption is due to real estate. In previous years, the price increase was too high, far exceeding the actual income growth level of residents. Now that income has dropped, there is not much money left after mortgage, which restricts consumption growth. Judging from this year's market, the upstream resource inflation resource stocks soared, the midstream manufacturing industry (such as household appliances) was relatively difficult, and the downstream consumption deflation was ineffective, so was the corresponding performance in the stock market. Although the stock index has entered a short-term adjustment, it is the first time that the Shanghai stock index has fallen below the 5-day moving average since its rebound on August 23, but the rotation of hot spots on the disk is still good. Power stocks such as lithium battery, photovoltaic, wind energy, UHV and new energy all performed strongly, and the theme stock market changed. It is still a high probability event that the Shanghai Composite Index broke through the high point of 373 1 at the beginning of the year in the afternoon. Therefore, investment should mainly pay attention to grasping the rotation rhythm of the high-prosperity track plate.

Operation strategy

Continue to pay attention to the new energy industry chain, specialize in special new manufacturing sectors, and superimpose the cyclical resource stocks of lithium photovoltaic upstream materials and carbon neutrality concepts, which is more worthy of key mining. Luo Limin, investment consultant of GF Securities, with the practice certificate number of 0260611010126.