Last week, with the end of the Spring Festival holiday, the A** field ushered in a significant momentum, especially the Shanghai Composite Index led the market sentiment with the performance of 8 consecutive yangs, with a weekly increase of 485%, successfully standing at the 3000-point mark. At the same time, the Shanghai Composite 50 Index was not far behind, recording 344% weekly gain. All walks of life in the market generally showed an upward trend, among which computer, financial comprehensive, coal and other industries led the list, while medicine, home appliances, and non-bank finance ranked first in the decline.
The southward flow of capital has set off another climax.
It is worth mentioning that with the activity of the A** market, southbound funds have also shown unprecedented enthusiasm, and the net inflow of Hong Kong stocks in the first trading week after the Spring Festival alone was as high as HK $20 billion. This south-flow capital not only helped the Hong Kong market rise for three consecutive weeks, but also narrowed the decline during the year, showing the market's optimistic expectations for the future.
*Net worth hit a new high, and investor confidence doubled.
In the strong **, many **net worth refreshed their highs and became the focus of market attention. Since the beginning of February, the strong recovery of domestic ** has brought significant gains to investors, of which 12 ** have even exceeded 30%, showing the overall vitality and health of the market.
The public offering ** rate war has escalated.
The reduction of the public offer** rate is also a bright spot in the market recently. In the context of increasing competition, more and more ETF products are joining the fee competition to attract more investors. According to statistics, the average management fee rate of ** ETF has dropped to 045%, and the hosting fee for some products is even as low as 005%, showing that the market is highly sought after for low-cost investment products.
The northbound capital continues to be **, full of confidence.
At the same time, the sustained net ** of northbound funds also sent a positive signal to the market. Last week, the net ** of northbound funds was as high as 10.7 billion yuan, especially the net ** of more than 16.7 billion yuan from the Shanghai-Hong Kong Stock Connect, showing that foreign investors are firmly optimistic about the Chinese market.
The theme of central state-owned enterprises performed well.
Since the beginning of the year, the outstanding performance of the central state-owned enterprise sector has attracted the attention of many public offering institutions. With the deepening of the reform of state-owned enterprises, the investment value of the assets of central state-owned enterprises has gradually been recognized by the market. At present, more than eighty percent of the central state-owned enterprise theme** has achieved positive returns, with an average return of 265%, which proves the confidence of investors in this sector.
Looking forward to the future, opportunities and challenges coexist.
Looking ahead, the market generally believes that with macroeconomic stability and policy support, the capital market will continue to usher in more investment opportunities. Especially with the downward revision of the LPR and the better-than-expected financial data, the market's bullish sentiment has been further boosted. Industry insiders expect that the market will maintain a relatively stable situation before the two sessions and the Federal Reserve interest rate meeting. In the context of increased risk appetite and easing liquidity pressure, the market is expected to usher in a broader upside.
This article was first published in the interpretation of the financial outlet, if there is **, please indicate the source.