The Northbound Fund bought 460 million yuan today, a net purchaseCOSCO SHIPPING438 million yuan,Muyuan shares388 million yuan, net soldKweichow Moutai975 million yuan,Luxshare Precision555 million yuan.
A-shares ushered in the first trading day of the new year today, and the three major indexes collectively closed down.Shanghai IndexFell 0.20% to close at 3,632.33 points;Shenzhen Component IndexFell 0.44% to close at 14791.31 points;Growth Enterprise Market IndexIt fell 2.18% to close at 3250.16 points. The market turnover reached 1.26 trillion yuan, and the industry sector rose more and less.traditional Chinese medicineThe plate set off a daily limit wave,Culture Media、Farming, Animal Husbandry, Feeding and Fishing、Tourist HotelThe sector’s gains were among the top; last year’s “track stocks” that led the gains fell sharply today.Energy Metal、Photovoltaic equipment、Wind power equipmentThe sector’s decline was among the highest.
Regarding the market outlook, institutions have expressed their views.
Guotai JunanSecuritiesIt is believed that, looking forward to 2022, under the background of the decline in profitability and the restraint and looseness of the denominator, the A-share market will continue to fluctuate between the top and bottom, and the overall operating rhythm of the market will be in line with the China Securities Regulatory Commission to take multiple measures to promote the market. Stable operation, resolutely preventing big ups, big downs, and rushing ups and downs, are consistent with the general tone. Focusing further on this New Year’s Eve offensive, this round of restlessness will be more moderate in rhythm.On the one hand, the denominator end of the phased drive is weakening, the current market iscurrencyThe rhythm has been fully anticipated. On the other hand, the molecular side still needs further verification. The marginal drive brought by the policy of stabilizing growth will be successively verified through economic/financial data, and this will be the main drive to consolidate the current round of the new year’s market. On the whole, this round of the New Year’s Eve offensive has progressed smoothly in rhythm, and more needs to be steady and steady in the adjustment of the structure.
Haitong SecuritiesSaid that the policy aspect: the signal of “stabilizing growth” is clear, and the follow-up policy is expected to continue to strengthen.Fundamentals: Estimated 22 yearsGDP5%~5.5% year-on-year, the high point of A-share ROE was 22Q1. Liquidity: The long-term trend of asset allocation to equity migration remains unchanged, and the supply and demand of funds in the stock market have been balanced in 22 years.MidlandReserve interest rate hike: 22Q2 may begin, by then China US debtinterest rateThere is upward pressure. Style: 22 years of value, slightly dominant in the market,CSI 300Stronger than CSI 500. Hard technology: The absolute value of profit growth in 22 years is high, but compared with 21 years, the opportunity for valuation digestion is market adjustment. Consumption: The current valuation is moderately high,PerformanceThe growth rate has fallen, and big opportunities still need to wait. Optimistic about the market in the first quarter, the allocation is more balanced, such as undervalued financial real estate, high-prosperity hard technology, and consumption following the rebound.
(Article Source:Oriental wealthResearch center)
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