The Shanghai Index has a good start in May, and the institution said that the market is likely to start to differentiate in the follow-up – Hangzhou News Center – Hangzhou Net

Daily Business Daily News Yesterday, the Shanghai Index had a good start in May. As of the close, the Shanghai Composite Index rose 0.68% to 3,067.76 points, the Shenzhen Component Index rose 0.23% to 11,046.38 points, and the ChiNext Index fell 1.33% to 2,288.4 points. The volume of transactions in the two markets has shrunk, with 901 billion in Shanghai and Shenzhen trading throughout the day. On the disk, the seed industry, new crown testing, aerospace and military industry and other sectors were among the top gainers, and the chemical and pharmaceutical sectors both exceeded the daily limit of 10 stocks. The electrical instrumentation, securities, tourism and other sectors were adjusted.

Hualong Securities said that the overall warmer market news during the holidays contributed to the continuation of the market rebound trend yesterday. From the perspective of the market, most of the top stocks in the increase list came from oversold varieties, indicating that although the market had already started a technical rebound before the holiday, the market’s rebound Risk appetite remains low. At the same time, in the recent market, there has not been a sustainable upside hot sector, so after a short-term general rally, the market is likely to start to differentiate in the future, and the form of rebound will also turn into rotation. In terms of operation, it is recommended that investors take profits if the short-term rebound is as expected or close to the pressure range when the main line is not clear. Otherwise, they can continue to hold shares to rise.

China Galaxy Securities analysis believes that the configuration in May recommends both offense and defense. Although external risk disturbances are still present, the focus should be returned to the stable domestic growth. Although the epidemic has disrupted the development of the domestic economy, the keynote of steady domestic growth will continue to exert force on the policy side. The dawn has come, and we need to wait patiently for the policy to take effect and investor expectations and confidence to be restored. The proposed allocation strategy is to find high-quality targets with both offense and defense under the two main lines of stable growth and high prosperity.