1.Since the fourth quarter of 2023, the domestic fundamentals have faced challenges such as insufficient effective demand and weak social expectations, overseas monetary policy expectations have fluctuated greatly and geopolitical risk events have been repeated, and the overall performance of the A** field has been weak under the influence of internal and external factors, which has improved recently with the support of multi-sectoral policies. In this context, the capital side has also fluctuated greatly, and the market trading sentiment has heated up in stages from October to November last year, and the daily turnover has returned to one trillion yuan from a low level; From late November last year to late January this year, the average daily turnover fell as a whole, and the turnover rate once appeared 1The low level below 8% cooled down trading sentiment; Investor sentiment has improved in the past week, and transactions have picked up slightly. This report analyzes the trend of market funds from the direction of capital flow and allocation.
2.January 31 is the final deadline for the annual report performance forecast and disclosure, and the big A can be on February 1**, which is the risk of the annual report performance forecast, has cooled down. But the strange thing is that even the GEM has risen by nearly 3%, * or ** more, what is the situation?
3.On January 26, the China Securities Regulatory Commission held the 2024 system work conference. The meeting emphasized that it is necessary to accelerate the construction of a valuation system with Chinese characteristics, support listed companies to become better and stronger through market-oriented mergers and acquisitions, promote the inclusion of market value in the assessment and evaluation system of central and state-owned enterprises, and study increasing the constraints on low-valued listed companies from the perspective of information disclosure. Previously, Xie Xiaobing, head of the Property Management Bureau of the State-owned Assets Supervision and Administration Commission, said at a press conference held on January 24 that he would further study the inclusion of market value management in the performance appraisal of the head of the enterprise.
4.Foreign capital has been actively entering the market, still unable to reverse the weak pattern, there are only two possibilities for the transmission of this signal, one is the direction of foreign participation, which may usher in the later stage, and some of the weighted sectors will be in February. The other is that foreign investors have taken the 2800 point position as the bottom, however, the market is still in the market, resulting in the need for greater good news to cushion the selling pressure.