It's not easy for A-shares in the past two days!
Yesterday only in the morning foreign capital smashed nearly 10 billion, in fact, the opening of domestic capital is also smashing, so the opening of A shares dived, but then domestic institutions began to **, the national team also entered the market at noon, foreign capital saw that the form of improvement also began to return, A shares reversed and closed up.
Today is different from yesterday, foreign capital is still smashed at the opening, with a net sale of more than 5 billion throughout the day, but domestic capital has been undertaking, and today the SSE 50 ETF and the central enterprise science and technology innovation ETF continue to increase, indicating that Huijin and Guoxin Capital should continue to increase their holdings. At noon, it was reported that "a blockbuster meeting is being held, and next year's economic target will be relatively positive", which boosted market sentiment, and the A-share real estate chain, finance, consumption and other weighted sectors strengthened, driving the Shanghai Composite Index to recover 3,000 points. Hong Kong stocks were relatively strong throughout the day, and they rose sharply at midday, which is estimated to be related to the expectations of the meeting.
In November, domestic institutions opened a wave of sales in response to redemptions, but this week, we can feel that the selling pressure of domestic institutions has decreased a lot, which may be due to the reduction of redemption efforts or the end of position adjustment. However, although domestic capital is not sold, but if foreign capital is smashed every day, it can not stand it, foreign capital has always been the most flexible direction in the incremental capital, as long as foreign capital can turn, 10 billion a day is not an exaggeration, domestic and foreign capital can not form a joint force, the flexibility is limited.
Let's take a look at today's blockbuster news:
Poly buyback. Yesterday evening, Poly Development announced that the company intends to repurchase shares with 1 billion yuan to 2 billion yuan to maintain the company's value and shareholders' equity, and the repurchase ** does not exceed 15$19 shares. At the same time, Poly Group, the actual controller of the company, plans to increase its holdings of the company's A shares through centralized bidding transactions in the next 12 months, with an increase of no less than 2500 million yuan, no more than 500 million yuan, no more than 15 million yuan$19 shares.
Then last night, the following review chart of Poly holdings was swiped, from a historical point of view, Poly Real Estate has been in history. 8.4. The actual controller Poly Group's shareholding increase plan has been announced four times, and the four times it is a shareholding increase plan of no more than 2%, and finally it has become the bottom of the stock price stage of Poly Real Estate (which is also about the bottom of the plate). Stimulated by this, Poly Development opened a sharp rise, but also led to a sharp rise in the real estate sector, after the small composition came out at noon, the real estate continued to rise, and driven building materials, banking, insurance and other weighted sectors.
In addition to Poly's increase in holdings, CCCC Real Estate announced that it plans to issue medium-term notes of no more than 6 billion yuan. On the same day, it was announced that it planned to issue no more than 4 billion yuan of non-public directional debt financing instruments, which also boosted market sentiment to a certain extent.
The shipbuilding sector rose sharply.
Today, the shipbuilding and marine equipment sector led the rise, especially the outstanding performance of the China Shipbuilding Department, the daily limit of China Shipbuilding Technology, China Heavy Industry and China Shipbuilding.
The review given by the agency is:
1.Restructuring Expectations:
The North and South Ship made a commitment in June 2021 to solve the problem of competition in the same industry within five years, that is, to be completed in June 2026 at the latest. CSSC Group's integration of the three ships (China Shipbuilding, China Heavy Industry and China Shipbuilding Defense) is more urgent, due to the early stage of China Heavy Industry was filed, the progress was delayed, and the current China Heavy Industry replied to the regulatory letter, the restructuring is expected to resume.
Therefore, the small tickets of the ship department, such as China Shipbuilding Technology, are active;
2.The fundamentals are good:
The upward trend of new shipbuilding remains unchanged, and on December 8, 2023, compared with December 1, 2023, the handy, Panama, and small handysize ships will be flat, of which the capesize ship index will be 03%, 24000TEU container ship **021%。
Nvidia restricts sales and then spreads new news.
According to the Financial Associated Press, according to Taiwan's "Economy**" on December 12, U.S. Secretary of Commerce Raimondo said that the United States is discussing with Nvidia the issue of allowing the sale of AI chips to China, but stressed that Nvidia cannot sell the most advanced chips to Chinese companies. She also said that the U.S. is carefully studying the details of the three AI chips that Nvidia is developing for China.
Previously, due to Nvidia's sales restrictions, A-shares speculated on a wave of domestic substitution of computing power, Cambrian, Haiguang Information and other domestic computing chips rose sharply, and today it was reported that the purchase restrictions were relaxed, and the logic of domestic substitution was damaged, and Cambrian fell by more than 9%. However, in general, domestic substitution is a general trend.
Specifically, looking at the disk, as of **, the Shanghai Composite Index rose by 040%, and the GEM index fell by 062%, and the Hang Seng Index of Hong Kong stocks rose by 107%, the Hang Seng Tech Index rose by 174%, the slight dive in Hong Kong stocks at the end of the session may be due to the risk aversion to the release of November CPI data in the United States tonight. The turnover of the two markets shrank significantly to 074 trillion, more than 3,100***
In terms of industries, real estate, comprehensive, social services, building materials, textiles and apparel and other industries led the gains, while power equipment, steel, beauty care, communications, non-ferrous metals and other industries led the decline.
Finally, the current global ** Fed early interest rate cut expectations are more sufficient, if the US November CPI data tonight exceeds expectations, it may lead to a decline in easing expectations, and the US 10 bond yield ** may have an impact on the world**.
Risk Warning: **There are risks, investment needs to be cautious, this article does not constitute investment advice, readers need to think independently.