Author |Ding Zhenyu, editor|Wang Jinxi.
*: Jufeng Investment Advisory, good ** application.
Jufeng view
On December 28, A-share volume**: Shanghai Composite Index**138%, SZSE Component Index**271%, GEM refers to **385%。The turnover of the two cities was 884.4 billion, and there were more than 4,400 hot spots, including photovoltaics, batteries, energy metals, wind power equipment, power supply equipment, power grid equipment, insurance, non-metallic materials, small metals, and wine, and industries such as coal, port and shipping.
In early trading, the three major A-share indexes rose sharply, the ChiNext index rose by more than 3%, and the net northbound funds exceeded 11 billion. On the disk, the photovoltaic equipment sector soared by more than 9% to set off a rising tide, and batteries, energy metals, wind power equipment, civil explosion concepts, power equipment, power batteries, energy storage and other sectors were at the top of the listCoal, shipping, ports, railways and highways and other sectors bucked the trend**.
In the afternoon, photovoltaics, medical beauty, and liquor rose, the stock index continued to rise, the ChiNext index rose to 4%, and the Beijing Stock Exchange 50 Index rose to more than 3% in the afternoon, showing a pattern of large-scale general rise.
In terms of heavyweight stocks, CATL, ZTE, China Duty Free, Industrial Fortune Federation, Luzhou Laojiao, LONGi Green Energy and other intraday stocks all rose by more than 5%, which played a role in stabilizing the index and rebounding. The large-scale price limit of the photovoltaic sector has activated the market's enthusiasm for longing. The inflow of northbound funds slowed down in the afternoon, with a net inflow of more than 13.5 billion throughout the day.
Since August, the A-share adjustment has been mainly affected by the depreciation of the RMB exchange rate and geopolitical factors. Recently, the market has released a lot of good news: the financing margin ratio has been lowered, and the central bank has reduced the deposit reserve ratio;A number of cities have announced the lifting of housing purchase restrictions, and a number of economic data since August have further proved the recovery of the domestic economyAn additional 1 trillion yuan of national bonds will be issued to support post-disaster recovery and reconstruction and to enhance disaster prevention, mitigation and relief capabilitiesMultiple positive news positively stimulates A-shares. In the medium term, with the implementation of various counter-cyclical adjustment policies and measures, the domestic economy has entered a recovery cycle, and A-shares will find the bottom of the market and go up, so it is an opportunity to lay out the dip.
Jufeng Investment Consulting believes that under the expectation of economic recovery, A-shares are expected to enter a medium and long-term bull market**. In the past three months, domestic counter-cyclical adjustment measures have been intensively introduced, indicating that the bottom of the policy has been confirmed, and ** is moving from the bottom of the policy to the bottom of the market. On the external side, U.S. stocks were mixed overnight, with the Dow continuing to hit a record high, large technology stocks diverging, and popular red Chinese concept stocks rising. Domestically, the central bank said that it will accurately and effectively implement a prudent monetary policy and increase the implementation of the policies that have been introducedIn 2024, the first batch of 38 new ** issuances will be "finalized", and the equity ** will dominate;During the year, 138 listed companies or related parties were investigated by the CSRC, and more than 70% were suspected of violating the disclosure rulesIt is expected that A-shares will rise after consolidating the bottom. Investors can pay attention to the trading opportunities of popular concept stocks such as semiconductors, consumer electronics, intelligent driving, and robots, as well as the best opportunities driven by short-term sentiment in sectors such as state-owned enterprise reform, games, and photovoltaics.
Message plane
During the year, 138 listed companies or related parties were investigated by the CSRC, and more than 70% were suspected of violating the disclosure rules
According to the data, as of December 28, a total of 138 A-share listed companies or related parties were investigated by the CSRC during the year, involving listed companies, executives, controlling shareholders, etc., an increase of 79 from 77 in the same period last year22%。
In 2024, the first batch of 38 new ** issuances will be "finalized", and the equity ** will dominate;
According to the data of Oriental Wealth Choice, in the first week after the holiday, 15 ** companies, including E Fund**, Anxin**, Huaxia**, Fuguo**, and Invesco Great Wall**, launched new ** offerings. The related products include 16 new products**, including E Fund Yue Yue and Stable 1-Year Closed-end Operation Bond**, Essence 90-day Rolling Holding Bond**, ChinaAMC CSI All-Index Information Technology ETF, Wells Fargo Value Discovery Blend**, Invesco Great Wall Excellent Growth Blend**, etc.
The three major U.S. stock indexes** were mixed, and the Dow continued to hit new highs
The three major U.S. stock indexes were mixed, with the Dow up 014%, continuing to hit a new high;The S&P 500 rose 004%, less than 03%；The Nasdaq fell 003%。Large technology stocks were mixed, with Tesla falling more than 3%, Intel, Netflix, and Google slightlyMicrosoft, Apple, Nvidia, Amazon, Meta slightly**. Popular Chinese concept stocks rose.
Author: Ding Zhenyu Practicing Certificate: A0680613040001
Disclaimer: The above content is for reference only and does not constitute specific operation advice, and you shall operate at your own risk and profit and loss.