The 31st is the last trading day of January, and A-shares continue to adjust, and the Shanghai Composite Index **148%, once again lost 2,800 points, the Shenzhen Component Index and the Science and Technology Innovation 50 Index both fell nearly 2%, and the ChiNext Index was relatively resistant to decline under the sharp rise of CATL. In the whole month, the adjustment of A-shares was larger, and the Shanghai Composite Index accumulated **627%, six consecutive negative on the monthly line; The Shenzhen Component Index fell 1377%, and the GEM index fell 1681%, and the STAR 50 Index fell nearly 20%.
As the index continues to hit new lows, northbound fund outflows have slowed down, and have been net for two consecutive trading days. Industry analysts believe that the current A** field has a high cost performance, and under the catalytic effect of the market value management of central enterprises, the value and dividend style in February are expected to continue to prevail.
Sector ** general decline
Northbound funds buck the trend**
On the last trading day of January, A-shares continued to adjust, and Big Finance's all-out hedging still failed to stop the tide of selling. As of **, the Shanghai Composite Index fell 148% at 2788At 55 points, the Shenzhen Component Index fell 195%, the GEM index fell 066%, the Beijing Stock Exchange 50 Index fell 018%。There are more than 4,800 stocks in the whole market, and 195 stocks have fallen to a new high. The turnover of the Shanghai and Shenzhen stock markets was 758.2 billion yuan, an increase of 94.5 billion yuan from the previous trading day.
On the disk, insurance, banks, ** and other large financial varieties are relatively positive, in the forefront of the industry's growth list. A new round of cold air is coming, coal stocks continue to rise highly, China Shenhua rose nearly 4%, approaching the historical high area, and Lu'an Huanneng rose 141%, intraday share price hit an all-time high. The media sector has emerged in the media sector in 9 trading days and 8 boards, driven by the emergence of ** funds, Zhongguang Tianxue, Inner Mongolia Xinhua, Times Publishing, and Xinhua Media collectively closed the board. In the lithium battery sector, CATL rose 7 after disclosing the performance forecast7%, with a full-day volume of nearly 9 billion yuan, ranking first in the A-share list.
*In terms of sentiment, the poor sentiment in the game, AIGC and other sectors has significantly affected the recovery of long funds in the market. Decoration, energy metals, tourism hotels, Internet services, motors, etc. also remained sluggish. Shanghai local stocks continued to fall sharply, the Yangtze River investment fell to the limit, Huajian Group did not reverse the mood again in the afternoon, China Enterprises, Shanghai Trade, Shanghai Jianke, Shanghai Phoenix, Kaikai Industrial, Changlian shares and other more than ten shares fell to the limit.
The annual report is expected to lose and reduce the shares, and many stocks such as Qingdao Zhongcheng, Helitai, and Jingfeng Pharmaceutical have fallen to the limit.
However, it is worth noting that the northbound capital outflow has slowed down as the index continues to hit new lows and the sectors have generally fallen. Wind data shows that northbound funds were net **37 all day on the 31st0.1 billion yuan, a net inflow for the second consecutive trading day. Among them, the Shanghai Stock Connect net **75.8 billion yuan, Shenzhen Stock Connect net **294.3 billion yuan.
February value, bonus style
It is expected to continue to dominate
The market on Wednesday was full of twists and turns, and after bottoming out and rebounding in the morning, it did not further attack in the afternoon, but showed a narrow range. The opening of the yellow and white lines on the time sharing increases, and the yellow line leads the white line, indicating that the market lacks a certain money-making effect. On the daily level, the center of gravity continues to move downward, but the inclusion of the long lower shadow also indicates that there are resistance funds to pay attention here. But after all, under the 28 differentiation, the lethality of small market capitalization varieties is still relatively large, especially the low point of the GEM index continuation stage, although the mood has been repaired in the morning with the pre-increase in the performance of the Ningde era, but the sustainability is not good, and the diffusion and driving force of the plate are not strong, and there is no plate that can gather market funds. Wang Yuqian, an investment consultant of Yuanda, believes that there is a high probability that this position index will have a bottom-finding process, and the main board should pay attention to the low point of 2724 in the early stageSupport near 16 points, GEM refers to the formation of a stop falling and stabilizing signal.
In terms of operation strategy, Wang Yuqian analyzed: "The market sentiment has not changed on Wednesday, and the lack of plate cohesion is still difficult to operate. Moreover, in the context of weight protection, games and other active varieties in the early stage fell again, and the popularity of the bulls was obviously insufficient, and at the same time, the CSI 1000, CSI 500 and other indices continued to fall, and it is also possible to form a passive sell-off for some funds, and there is uncertainty in the short term. Therefore, it is recommended to watch more and move less, strictly do a good job in management, and wait for the right side after the trend turn before deciding, and it is not too late. ”
Looking at the overall ** in January this year, the three major indexes all closed out of the monthly line for six consecutive days, the Shanghai Composite Index fell more than 6% this month, the Shenzhen Component Index fell more than 13% this month, the ChiNext Index fell more than 16% this month, the Science and Technology Innovation 50 Index fell nearly 20% this month, and the Beijing Stock Exchange 50 Index fell 22% this month. "In January, the market as a whole and the predominance of value style are two sides of the same coin, both reflecting the decline in market risk appetite and strong defensive attributes. At the index level, ** leads the small and mid caps and micro caps; The SSE 50 index has significantly outperformed the ChiNext index. At the style level, the performance of ** value, small cap value, ** growth and small cap growth order, the main differentiation in style is the large lead of value relative to growth. Zhongtai ** analysis believes that the "market value management of central enterprises" is a catalyst for value dominance, and the value and dividend style are expected to continue to prevail in February.
Reporter Chen Hui.