Original title: Rhino Watching the Market 5.20: The Shanghai Index rose 1.6% to recover 3100 points, and the turnover of the two cities exceeded 920 billion
Author: Aoki
On May 20, the broader market opened higher and moved higher throughout the day, with the three major indexes all rising by more than 1.5%. On the disk, cyclical stocks strengthened, coal, non-ferrous stocks and other sectors rose sharply, and non-ferrous stocks set a limit-up trend. Consumer stocks were active, and sectors such as camping economy, new tobacco, beverage manufacturing, and Internet e-commerce were active in turn. On the downside, property and infrastructure stocks were sluggish throughout the day.
In general, individual stocks rose more and fell less. Over 3,400 stocks in the two cities rose, and more than 90 stocks rose by the daily limit or by more than 10%. The turnover of Shanghai and Shenzhen stock exchanges was 920.67 billion yuan today, which was 114 billion yuan higher than the previous trading day. In terms of sectors, sectors such as coal, industrial metals, camping economy, and new tobacco led the gains, while sectors such as real estate, prefabricated buildings, agricultural services, and education led the decline.
As of the close, the Shanghai Composite Index rose 1.6% to 3146.57 points, the Shenzhen Component Index rose 1.82% to 11454.53 points, and the ChiNext Index rose 1.69% to 2417.35 points. The net purchase of northbound funds was 14.236 billion yuan throughout the day, of which the net purchase of Shanghai Stock Connect was 10.374 billion yuan, and the net purchase of Shenzhen Stock Connect was 3.862 billion yuan.
Plate
In terms of industry sectors, the coal industry, non-ferrous metals, winemaking industry, logistics industry, and small metals were among the top gainers, while a few sectors such as real estate development, education, real estate services, and aerospace fell; in terms of themes, outdoor camping, scarce resources, electronic cigarettes, Concepts such as condiments and liquor are relatively active.
The non-ferrous metal sector broke out, and Minfa Aluminum, Lidao New Materials, Hesheng Co., Ltd., Jinhui Co., Ltd., Shenhuo Co., Ltd., Jiaozuo Wanfang, China Aluminum Co., Ltd., Yunlu Aluminum Co., Ltd., Yiqiu Resources, and Tianshan Aluminum Co., Ltd. reached the daily limit.
The food and beverage sector is eye-catching, with the daily limit of Guyue Longshan, Jinfeng Wine Industry, Deli Co., Ltd., Qianwei Central Kitchen, Sunshine Dairy, and Shunxin Agriculture.
The concept of outdoor camping rebounded. Jialinjie, Pathfinder, and Luyin Eco reached their daily limit, while Korun and Sanfu Outdoor rose to varying degrees.
Institutional view
Soochow Securities: At present, the market is still stubbornly closing up after the external slump, indicating that market confidence has begun to rebound significantly, and the inflection point of long and short intertwining around 3100 may begin to appear. In terms of operation, investors can still maintain a low position for short-term operations in the short term, and can wait for an effective breakthrough in the follow-up market to choose an opportunity to increase their positions, focusing on blue-chip varieties with larger adjustments in the early stage.
Guangzhou Bandung: Affected by the central bank’s “interest rate cut”, the Shanghai Stock Exchange index stood at 3,100 points, and many themes rose in turn. Recently, it is emphasized that the market is in a volatile upward trend. The current main line is relatively clear, the old main line infrastructure consumption is in the ascendant, and the new main line track stocks continue to go out of the trend. It is much more important to grasp the rhythm than to pay attention to the index. The new energy of the track stock mainly focuses on the wind power and photovoltaic industry chain with high prosperity; the real estate infrastructure pays attention to the high-low cut and superimposed state-owned assets reform; in addition, it can pay attention to the capital return of the pharmaceutical sector.
Guosheng Securities: Under the current low valuation and the continuous increase in policies, market sentiment and confidence are gradually picking up, and the market outlook can continue to see the top line. Future concerns: 1. Photovoltaic direction. Europe encourages the development of distributed photovoltaic power generation, and emphasizes that roof photovoltaic equipment should be installed in new buildings that meet the requirements, and the photovoltaic prosperity will be improved. At the same time, many photovoltaic companies have repaired their stock prices after the previous decline, and it is expected that the fundamentals will superimpose the capital surface resonance. Up; Second, the planting sector under the “food crisis” can be concerned.Return to Sohu, see more
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