Disk observation
On Monday, the three major A-share indexes opened higher and went higher, with strong intraday volatility. The total turnover of the two cities was 1,254.9 billion yuan; The net purchase of northbound funds was 1.435 billion yuan. Disk observation: semiconductor, new energy, automobile and other sectors were among the top gainers; The real estate, catering, tourism, banking and other sectors were among the top losers. As of the close: the Shanghai Composite Index rose .61% to 3,582.8 points; The Shenzhen Component Index rose 1.41% to 14,96.66 points; The GEM index rose 2.54% to 3,55.73 points.
Outlook for the market outlook
Overall, the turnover of the two cities has been enlarged, and it has exceeded one trillion yuan for 22 consecutive trading days; This shows that the overall liquidity support of A shares has remained basically stable at present, and the trillion-dollar turnover seems to have become the norm; However, it is worth noting that funds are still looking for attack points, so we can see signs of plate rotation acceleration.
in addition, we can see that the growth enterprise market is obviously better than the main board market in today's market, so we have to mention the "North Stock Exchange" which attracted much attention last week. The "first week show" of the North Stock Exchange did not show the "frenzy market" expected by some investors, except for 1 newly listed companies, the overall performance was stable; But at the same time, we also saw eight "North Exchange Theme Funds" being snapped up by the market; This may indicate that our A-share market, from the Growth Enterprise Market, science and technology innovation board to the North Stock Exchange, is constantly maturing, and at the same time, investors also find that the investment logic of individual stocks needs more professional and in-depth knowledge background, especially the North Stock Exchange with "specialization and novelty" as its core positioning.
The so-called "specialization and novelty" refers to a group of innovative enterprises with specialized main business, refined management, distinctive products and services and novel innovation ability. Considering the current international situation+policy support background, the "self-controllable+high-end manufacturing" and "specialization and novelty" we mentioned several times can actually be seen together; On the one hand, this is in line with the general trend of national policies and industrial development; on the other hand, some of these companies are also on the track of high prosperity with strong performance certainty.
Operation strategy
Continue to focus on the big concepts of "self-control+high-end manufacturing+specialization and novelty": new energy (wind and light energy storage vehicles, etc.), big technology (software and hardware chip robots, etc.), military industry (complete sets of upstream materials, components and equipment, etc.) and biomedicine (innovative medicine CXO medical devices, etc.); At the same time, we can pay attention to the big finance (brokers, etc.) and "big consumption" (household appliances, food and beverage, etc.) whose profit expectations are expected to bottom out after the previous valuation is digested under the valuation restoration and style rebalancing.
Zhao yurui, senior investment consultant of gf securities, with the practice certificate number of S26614614.