Afternoon Commentary: The Shanghai Index rose 0.62% in early trading, tourism, hotels and other sectors strengthened, brewing, and financial stocks collectively rose – yqqlm

In early trading on April 1, the three major stock indexes opened lower and moved higher.Shanghai IndexDriven by sectors such as winemaking and finance, it rose more than 1% during the session; the Shenzhen Component Index,GEM refers toIt also strengthened; the half-day transaction between the two cities was about 600 billion yuan, and the net purchase of northbound funds exceeded 4 billion yuan.

As of the close at noon, the Shanghai Composite Index rose 0.62% to 3272.4 points, the Shenzhen Component Index rose 0.8%, and the ChiNext Index rose 0.59%; the two markets had a total turnover of 596.2 billion yuan, and northbound funds bought a net 4.254 billion yuan.

From the perspective of the disk, hotels, catering, tourism, ports, transportation, etc. have risen sharply, while winemaking,Bank、brokerage、insuranceand other sectors are collectively pulled up; shipping, online games, duty-free concepts, etc.themeActive performance; pharmaceutical, construction, healthcare, coal and other sectors weakened; new crown medicine, CXO concepts fell sharply.

GuoshengsecuritiesSaid that the current market is still driven by transaction policies and short-term games, such as the reversal of the plight of the real estate market and the relaxation of expectations, the acceleration of water conservancy construction, and electronic ID cards. However, as the annual report and the first quarterly report window period enter the peak, the market may enter a fundamental transmission process of confirmation and falsification.In terms of future focus, according to the published annual report data, the leading clinical CRO in ChinaTigermedto be realized in 2021Operating income5.214 billion yuan, a year-on-year increase of 63.32%, the CXO track is relatively prosperous.For January-February 2022semiconductorAccording to the summary of the operation conditions of enterprises in the industry, the overall operation of the industry in the first two months was good, and the revenue of most enterprises increased by more than 50% year-on-year.AppleThe impact of “cancellation of orders” has recentlysemiconductorA sharp drop, and there may be poor expectations in the future. At the same time, the high transfer rate behind the report may also become the target of future speculation.

Bohai SeasecuritiesIt is pointed out that the current market generally has little room for downside, and is subject to uncertain factors, and the market is still volatile.In terms of style, since the current market does not have the polarized characteristics of valuation, we suggest to weaken the style and focus onperformanceDepending on the direction of growth expectations, sectoral opportunities may be more dominant. Industry allocation is based on the judgment that the market will be in the process of bottoming for a period of time in the future. After all sectors of the market fall, sectors with relatively certain fundamentals will receive capital intervention. Therefore, we can pay attention to the medical sub-fields related to the prevention and control of the new crown under the logic of the end of the epidemic in the medium and long term, and the tourism and shipping sectors that are gradually desensitizing the market under the same logic.

(Article Source:securitiesTimes Network)

Article source: Securities Times Network

Responsible editor: 91

Original title: Afternoon comment: The Shanghai index rose 0.62% in early trading, tourism, hotels and other sectors strengthened, and brewing and financial stocks rose collectively