Author |Ding Zhenyu, editor|Wang Jinxi.
*: Jufeng Investment Advisory, good ** application.
Jufeng view
On February 5, the A-share wide range**, the intraday ChiNext Board, Shenzhen Component Index, Science and Technology Innovation Board, and Shanghai Composite Index all hit new lows in the year**, and the ChiNext and Science and Technology Innovation Board went against the market**. On the disk, banks are red against the market, and industries such as engineering consulting services, education, real estate, plastic products, communication services, household light industry, environmental protection, Internet services, electrical machinery, optics and optoelectronics, cultural media, and software development lead the decline.
In early trading, the three major A-share indexes collectively **, the GEM index fell below 1,500 points intraday, and the early trading limit was close to 1,500. On the disk, high-dividend sectors such as banking, insurance, and coal are relatively strong, while spatio-temporal big data, engineering consulting services, spatial computing, digital sentinels, composite current collectors, electronic license plates, data rights confirmation, and smart government affairs lead the market.
In the afternoon, semiconductors, computer applications, consumer electronics, and lithium batteries narrowed, bank stocks continued to protect the market, the stock index stopped falling and rebounded, and the ChiNext index took the lead in turning red and rising more than 3%; The Shanghai Composite Index reversed 100 points in the afternoon**, recovering the 2,700-point integer mark and turning red; Due to the concentration of the most powerful stocks, when the strength of the heavyweight stocks to chase the rise declined, the main boards of Shanghai and Shenzhen turned down again, and the growth of the Growth Enterprise Market narrowed to less than 1%.
Northbound funds had a net outflow of 7 in early trading300 million yuan, a slight return in the afternoon, as of the first net inflow of 1.2 billion yuan. The full-day transaction reached 877.4 billion, showing a pattern of large-scale and wide-range**. In terms of the limit, there were 1,368 stocks that fell to the limit, with an average decline of 8%. In addition, 500ETF and 1000ETF have significantly increased in the afternoon, and market participants speculate that the national team has stabilized the market or made a direction adjustment.
Jufeng Investment Consulting believes that under the expectation of economic recovery, A-shares are expected to gradually come out of the trough. In the past four months, domestic counter-cyclical adjustment measures have been intensively introduced, showing that the bottom of the policy has been confirmed, and ** is moving from the bottom of the policy to the bottom of the market. Externally, the three major U.S. stock indexes collectively closed down, with Nvidia rising more than 4% to a record high; Popular Chinese concept stocks were mixed, with Alibaba and JD.com rising more than 2%, and Pinduoduo falling more than 2%. Domestically, the China Securities Regulatory Commission (CSRC) said that it would increase the flexibility of pledge and financing liquidation, severely punish market manipulation and malicious shorting, and effectively maintain the stable operation of the market; Small and micro markets fell sharply, and many quantitative private placements fell by more than 15% in a single week; As the concentrated knock-in of snowball products comes to an end, it is expected that the CSI 500, CSI 1000, ChiNext, Kechuang 50 and other indices are expected to expand**. However, the Spring Festival is approaching, and investors should focus on the reform of state-owned enterprises, low valuations, high-dividend blue chips, and broad-based index ETFs in the short term.
Message plane
China Securities Regulatory Commission: Severely punish the manipulation of the market and malicious short-selling to effectively maintain the stable operation of the market
Recently, the first continuous fluctuations, some criminals illegally profit, damage the legitimate rights and interests of investors, I will increase the supervision of trading behavior, enrich the means of clue screening, coordinate the arrangement of special verification, strengthen the "penetrating" transaction monitoring, the use of multi-dimensional technical means to collect market intelligence, with the Ministry of Public Security to carry out joint research and judgment, found a number of suspected manipulation of the market malicious short selling cases.
Small and micro markets fell sharply, and many quantitative private placements fell by more than 15% in a single week;
Under the sharp decline of small and micro markets, the performance of quantitative private equity staged a large drawdown. According to a quantitative private equity change learned by a reporter from the Financial Associated Press last week, as of February 2, a number of quantitative private placements, including Tianyan Xineng, Mingtun** Selected Guqiu No. 1, Lingjun Quantitative Stock Selection Pilot Enjoyment, Wenbo 1000 Index Enhancement No. 1 Class B, Longqi ** Quantitative Long No. 1, Jiukun Qianyu CSI 1000 Index Enhanced Exclusive No. 7, High-Flyer Quantitative 1000 Index Exclusive No. 1 Phase 5 Class A and many other quantitative private placements fell by more than 15% in a single week. In addition, a number of private quants** have retraced more than 20% in the past month.
The three major U.S. stock indexes collectively closed down, and popular Chinese concept stocks were mixed
The three major U.S. stock indexes collectively closed down, and the Dow fell 071%, and the S&P 500 fell 032%, the Nasdaq fell 02%。Large technology stocks were mixed, with Nvidia rising more than 4% to hit a record high; Apple rose more than 1%, Intel, Google slightly**; Tesla fell more than 3%, Meta fell more than 3%, Microsoft fell more than 1%, Netflix and Amazon slightly**. Popular Chinese concept stocks were mixed, with the Nasdaq China Golden Dragon Index rising 020%。Alibaba rose more than 3%, JD.com, Tencent** rose more than 2%, NetEase rose more than 1%, and Vipshop was small**. Xpeng Motors and Full Gang fell more than 3%, and Pinduoduo fell more than 2%.
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.