1.Equity
Data**: wind, as of 2024 02 08 (the same below).
This week, the world's major stock index** was the A-share ChiNext index, which rose by 1138%。* The most was the Indian sensex30 with a drop of -091%。The premium rate for AH shares was little changed this week. In terms of mainland stock indexes, the CSI All-Share Index rose 584%, in terms of broad-based indexes, the biggest increase was CSI 500, 1286%, the largest decline was in the CSI 2000, -240%。
This week, the top gainer in the industry is pharmaceutical and biological 1031%, 926%, the top of the decline was architectural decoration -069%, comprehensive -058%。
In the past year, the earnings rankings of light manufacturing, machinery and equipment, computers, communications and media have dropped significantly. At present, the earnings of beauty care, power equipment, real estate, commerce and retail, social services and other industries in the past year are at the bottom.
In terms of themes, the best performer is Shenwan Pharmaceutical and Medical, and Shenwan Financial Real Estate lags behind. In terms of style factor, both growth and value styles are ** this week. In terms of market capitalization style, large, medium and small cap stocks rose and fell sharply, with the small-cap index leading the ** index.
2.Interest Rates and Bonds
This week, market interest rates generally fell, and funds were loose. The risk-free interest rate differential between China and the United States is 108%, negative spreads widened. Long-end interest rates are stronger.
The main bond varieties are mainly rising, with the best performing being convertible bonds and the underperforming performing being the China Bond Treasury Bond Index.
3.Exchange rate
In terms of exchange rates, the U.S. dollar index and the renminbi index rose 017%, and up 037%。The renminbi depreciated 0 per week against the US dollar23%。The yen appreciated the most against the renminbi and the ruble depreciated the most.
4.commodity
In terms of commodities, the South China Commodity Index **084%。Among the top gainers is New York WTI**559%, methanol 278%；The largest decline was lithium carbonate-384%, Shanghai copper -098%。
**Aspect, this week's London Gold**-027%, Shanghai silver futures**-199%。*Aspect, London Gold**-027%, London Silver**-053%。Affected by the exchange rate, the domestic Shanghai gold **-061%, down 034 percentage points. The ratio of gold to silver is 9018, little change.
5.Alternative assets
Among the alternative assets, the top gainer was the INE Container Shipping Index (European Line) 2388%, Bitcoin Index 604%。
6.Public Offering**
Among the main **types, the better performers this week are the ordinary **types**, with an average return of 687%；The underperformer is the medium and long-term pure debt type**, with an average return of 006%, the passive equity base outperformed the active equity base this week.
7.Asset allocation portfolio
This week, our broad portfolio of assets**139%。Among them, the investable property portfolio**125%。The annual increase of the portfolio is 066%, with an annualized increase of 607%, with an annual increase of 074%, with an annualized increase of 676%。The bid-worthy portfolio has an annual increase of 061%, with an annualized increase of 555%。
In terms of equity, due to the change of the chairman of the Securities and Futures Commission, many of the market's predictions have to be changed。Every time there has been a change of chairman of the CSRC in the past, it has occurred in a bear market, and then the market has gradually reversed, and hopefully this time it is the same playbook. It is inevitable that the performance growth rate of listed companies will decline due to the decline in economic growth, but the system construction of paying more attention to investor returns can make the best people go out of Japan and the United States.
In terms of bondsThe strength of the bond market has brought some pressure, mainly because the funds that came to buy 30-year long-term treasury bonds in the early stage may take profit and re-fight. Frankly speaking, there are many profitable orders in the current bond market, but as long as there is no chain reaction of profit-taking and selling, the current pressure on the bond market is controllable. U.S. dollar bonds weakened due to the hawkish statement of the Federal Reserve, and the most benefited were short-duration U.S. dollar bonds, because they could take high coupons for a longer period of time.
In terms of commoditiesAlthough our central mother has been buying gold for 15 consecutive months, ** is still in the process of adjustment, at least it shows that demand is not the most important factor affecting gold prices, and the US dollar interest rate is. Therefore, the possibility of a further correction in gold prices cannot be ruled out.
Risk Warning: This article is the author's view on major types of assets, and the financial products involved do not represent recommendations.