The prices were mixed, and the trading volume of the two cities exceeded one trillion yuan for five consecutive trading days.
The three major A-share stock indexes collectively opened lower on March 5. In early trading, the two markets closed up slightly, but showed a general downward trend. In the afternoon, the two markets continued to be in a narrow range, and the prices were mixed.
From the perspective of the disk, banks, automobiles, and military industries are among the top gainers, and the theme of consumer electronics is active; Concept stocks such as lithium mines, robots, computing power, and photovoltaics performed sluggishly. The market turnover exceeded one trillion yuan for 6 consecutive days.
By March 5**, the Shanghai Composite Index was up 028% at 304779 points; The STAR 50 Index fell 009% to 81777 points; The Shenzhen Component Index fell 023% at 94168 points; The GEM index fell 006% at 183366 points.
Wind statistics show that there are 932 stocks in the two cities and the Beijing Stock Exchange, and there are 73 stocks in the flat market.
On March 5, the total turnover of the Shanghai and Shenzhen markets was 1,067 billion yuan, a decrease of 10.1 billion yuan from 1,077.1 billion yuan on the previous trading day, and exceeded one trillion yuan for five consecutive trading days. Among them, the Shanghai market turnover was 458.9 billion yuan, a decrease of 2.8 billion yuan from 461.7 billion yuan on the previous trading day, and the ** turnover was 608.1 billion yuan.
According to Great Wisdom VIP, a total of 62 stocks in the two cities and the Beijing Stock Exchange rose by more than 9%, and 8 stocks fell by more than 9%.
The total net inflow of northbound funds on March 5 was 155.4 billion yuan. Among them, the net inflow of Shanghai-Hong Kong Stock Connect was 44.7 billion yuan, with a net inflow of 110.6 billion yuan.
Bank stocks have once again turned on the disk protection mode
In terms of sectors, bank stocks opened the disk protection mode again after the adjustment, with Qilu Bank (601665), Bank of Jiangsu (600919), Agricultural Bank of China (601288), and Industrial and Commercial Bank of China (601398) rising more than 2%.
The national defense and military industry rose highly, and the price limit of Guanxiang Technology (301213), Jieqiang Equipment (300875), Lihang Technology (603261), and Ganhua Science and Industry (000576) rose by more than 10%.
Auto stocks have been repeatedly active, JAC Automobile (600418) straight line limit before noon, Dongfeng Motor (600006), Ankai Bus (000868) and other daily limits, FAW Jiefang (000800), Dongfeng Technology (600081) and other once daily limits.
Power equipment fell first, Jinpan Technology (688676), Aotexun (002227), Shun Na (000533), COSCO (301516) and so on fell more than 5%.
Environmental protection stocks adjusted significantly, with New Power (300152) falling by more than 10%, Guolin Technology (300786), Xuelang Environment (300385), and Farsheng (000890) falling by more than 5%.
The real estate continued to adjust the model, Binjiang Group (002244), Dima shares (600565), World Union Bank (002285), Huafa shares (600325), Zhongtian Services (002188) and so on fell more than 2%.
There is still some room for performance in March, and it is still an opportunity to lay out the dip
Guotai Junan said that the index is expected to continue in the short term, and it is recommended to hold shares to rise. Judging from today's market, the trend of differentiation is continuing, and the strong AI main line in the early stage has also shown a rising and falling trend. With the intensification of market divergence, the follow-up market may show a differentiation trend, and the focus of attention is still focused on the main line and its extension direction. From the perspective of the medium line, the bottom of the market has appeared, and it is currently in the first wave of the first wave of the structure, and there is still some room for performance in March.
It is recommended to focus on the layout of big technology and high dividends, and the investment theme is recommended to pay attention to: equipment renewal, domestic computing power, new quality productivity, and low-altitude economy. 1) Equipment renewal: The application of energy-efficient equipment is expected to become an important way for a new round of equipment renewal, and it is optimistic about the application of energy-efficient equipment such as industrial boilers and energy-saving motors and the resource recycling industry. 2) Domestic computing power: AI has become the focus of the global science and technology game, and the construction of domestic intelligent computing centers is expected to accelerate. 3) New quality productivity: **The State-owned Assets Supervision and Administration Commission proposes to accelerate the development of AI, cultivate new quality productivity, and be optimistic about new technologies and new scenarios such as intelligent manufacturing and new materials. 4) Low-altitude economy: The meeting of the Financial and Economic Committee emphasized the reduction of logistics costs for the whole society, the creation of a new model of low-altitude unmanned distribution, and the optimism of low-altitude aircraft manufacturing core components flight service companies.
Guosheng ** said that after the Spring Festival, the market continued to be strong**, changing the previous decline, the market sentiment was significantly restored, and the volume of the two markets could be amplified. The regulators have gathered their efforts to launch a "combination punch" to gather market confidence. Northbound funds exceeded 60 billion yuan in February, providing strong support for the market. Operationally, we can pay attention to some industrial policies, industrial upgrading and scientific and technological innovation related to new energy, artificial intelligence, etc., and structural opportunities may appear in the market, focusing on the direction of consumer electronics with continued strong demand and AI empowerment.
China Securities Construction Investment pointed out that at the operational level, it is recommended to continue to pay attention to the technology sectors that benefit from AI catalysis and industrial policy support, such as computing power, semiconductors, consumer electronics, etc.; At the same time, it is recommended to pay attention to core high-dividend assets with stable dividend expectations and stable performance, as well as medium and special valuation sectors, but it is necessary to pay attention to grasp the rhythm of allocation. In addition, this week officially entered the time of the National Two Sessions, stability maintenance and policy expectations began to strengthen, and there may be phased opportunities in equipment renewal and consumer goods-related sectors, which can focus on the automotive industry chain, home appliances and other sectors. In the medium to long term, we will continue to pay attention to investment opportunities in the direction of certainty and prosperity.
*: The Paper.