Big A has gone through a dormant year in 2023 and finally ushered in the bell of 2024. Today is the first day of the new year, I wish all people what they want, what they want and what they do are smooth.
Tomorrow will usher in the first trading day of 2024 and start the journey of 2024. Tomorrow the market is likely to usher in a good start, judging from the market performance on Friday night, the three major stock indexes in the United States collectively **, but the FTSE A50 has bucked the trend and turned red, especially on the last trading day of 2023, the northbound funds fled at the end of the session, and the Shanghai Composite Index not only did not follow **, but bucked the trend**, indicating that there are funds in the end of the market **optimistic about the post-holiday**.
The current A-share valuation is only 11 times 1344 times is 17% lower. The SSE 50 is currently valued at 88 times, 1664 points in 2008 was 1288 times;The CSI 300 is currently valued at 105 times, 1664 points in 2008 was 1277 times. The market valuation is now at an all-time 0The 9% percentile, what is there to be afraid of with such a low valuation.
There is no winter that does not end, and there is no spring that does not come, the bear market must be followed by a bull market, and after 2022-2023, this year will inevitably come out of a wave of bull market**.
New Year's Day holiday** Market News Selection.
1. National Bureau of Statistics: The PMI of the manufacturing purchasing managers' index in December was 490%, down 04 percent, still below the line of prosperity and withering, the level of manufacturing prosperity still declined.
2. The state deepens the reform of state-owned assets and state-owned enterprises and promotes the development and growth of the private economy.
3. The state has strengthened economic monitoring, early warning and policy pre-research reserves.
4. The state has put the urbanization of the agricultural transfer population in a more prominent position, and promoted the full integration of the agricultural transfer population into the city. (Good for new urbanization and rural revitalization).
5. The central bank agreed to Alipay's change of the actual controller of Ukraine.
6. On December 31, local time, Maersk Line suspended all its ships from passing through the Red Sea for 48 hours. The company confirmed that the cargo ship had been attacked while transiting through the Bab el-Mandeb Strait.
7. Brazil has a company: plans to set up a subsidiary in China next year.
8. The box office on New Year's Day exceeded 131.1 billion yuan, more than 13 in 20210.3 billion yuan box office, refreshing the historical record.
9. In 2023, a number of China's economic indicators will hit new highs.
10. In 2023, the ETF market will receive 640 billion incremental funds. From the perspective of products, broad-based ETFs became the main force of gold absorption throughout the year, with CSI 300 ETFs, STAR 50 ETFs, SSE 50-ETFs and ChiNext ETFs leading the net inflows.
Good news for the industry.
1. Ministry of Industry and Information Technology: Forward-looking layout of future industries, and open up new tracks for future industries such as artificial intelligence, humanoid robots, and quantum.
Interpretation: Artificial intelligence is known as the fourth industrial revolution of mankind and is closely related to the development of China's major economic industries. Both policy and market funds are inclined to this track, which may be the main line throughout the year in 2024, and everyone must firmly grasp it. In particular, leading companies related to Huawei have a particularly significant room for growth in the future.
2. Ministry of Industry and Information Technology: Focus on rare earth, photovoltaic, new energy vehicles, 5G, and other advantageous industrial chains, and forge a number of "killer" technologies.
Interpretation: China's new energy is far ahead in the world in terms of automobiles, photovoltaics, energy storage, rare earths, 5G, etc., and is expected to be a global leading enterprise in the future. Especially after the sharp decline in 2023, many ** have returned to the pre-rise level and are already very suitable for investment opportunities. Especially before the holiday, the leading varieties have begun to rise sharply, indicating that there are institutional funds to start the first time, to focus on, is expected to become the mainstream hot varieties in the market.
3. Ministry of Industry and Information Technology: Strengthen the construction of infrastructure such as 5G, data centers, and computing power.
Interpretation: Data centers and computing power are the cornerstones of artificial intelligence, and they will inevitably be repeatedly operated by funds, especially after the early stage, they already have a very good opportunity to intervene.
Finally, I wish you a smooth investment in 2024. Investment is risky, and you need to be cautious when entering the market!