Home » Today’s investment outlook: financial support, real estate financing, semi-solid battery industrialization in sight

Today’s investment outlook: financial support, real estate financing, semi-solid battery industrialization in sight

by admin

The Shanghai Stock Index experienced a surge on Thursday, opening higher and moving higher throughout the session. The index rose sharply by 3% in the afternoon, leading to significant gains. The Shenzhen Component Index and the ChiNext Index also experienced upward movement, closing with a 2% and 1.45% increase respectively. The total turnover of both cities reached 891.5 billion yuan, which is an increase of 124.6 billion yuan from the previous day. Net purchases from northbound funds totaled nearly 6.3 billion yuan for the day.

Chinese-headed stocks saw a daily limit trend, with Shanghai local stocks breaking out once again. Various sectors including real estate, petroleum, coal, electricity, brewing, medicine, and finance saw a rise in stock prices.

Guosheng Securities pointed out that the positive line with heavy volume reversed the decline of the index, indicating that the market may be at the bottom and signaling a potential uptrend. The firm recommended actively grasping every early stage callback as a good entry opportunity and paying attention to sectors such as new energy, consumer electronics, and food and beverages.

The State Administration of Financial Supervision also introduced measures to accelerate the implementation of urban real estate financing coordination, providing guidance for financial institutions in managing operating property loans and lending support for personal housing loans. Sinolink Securities pointed out that the financial industry has a responsibility to strongly support real estate, and improving support could enhance the cash flow situation of real estate companies. Further stabilization in sales will require continued support from easing policies on both the supply and demand sides.

CITIC Securities also emphasized investment opportunities in the industrialization of semi-solid-state batteries, discussing the expected industrialization process and recommending a strategic investment approach.

See also  The three major stock indexes of A-shares all fell, the Shanghai index fell in a row on the first Thursday of the beginning of the year | China Stock Market | Volume

In other market-moving news, the National Energy Administration aims to promote diversified and high-quality development of new energy storage. Additionally, China and Singapore’s mutual visa exemption is set to take effect on February 9, which has already led to a surge in travel bookings. The Ministry of Water Resources also mentioned plans to further improve financing capabilities for water conservancy projects.

Technology news also made headlines as the country’s first 5G-A large-scale networking demonstration was completed, and the first mandatory national standard for express packaging will be implemented on June 1.

Please be mindful that the content mentioned in the article serves as a reference and does not constitute substantive investment advice. Any operations based on this information are at your own risk. To stay updated on stock market trends and policy information, be sure to download the official APP of “Securities Times” or follow their official WeChat account.

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