A-shares continued their momentum today, and they also got off to a good start in March.
At the same time, the trading volume continued to exceed one trillion yuan, exceeding one trillion for three consecutive days, which also shows that the current market trading is relatively active.
But the only bad thing is that foreign capital began to flow out today, with an outflow of 533.3 billion yuan.
The reason why foreign capital chose to outflow, Hou Ge believes that it may be related to the important meeting next week, after all, in the past three years, during the important meeting, the index performance was not very ideal.
The performance during the previous three years of important meetings was as follows:
On March 5, 2023, the day of the meeting was the weekend, and the Shanghai Stock Exchange opened high and low on Monday19%, and then continued to adjust, and the market saw a phased bottom on March 14.
On March 5, 2022, the day of the meeting was also the weekend, and the Shanghai Stock Exchange opened low on Monday and moved sharply**217%, and then continued to fall, and the index saw a phased bottom on March 16.
On March 5, 2021, the day before the meeting, the Shanghai Composite Index opened lower and moved lower by **2%, and closed down 004%, and the next day again sharply closed down 23%, the market saw a phased bottom on March 9.
Therefore, don't expect too much for A-shares next week.
Specific to the sector, the overall performance of the technology direction is strong today.
Whether it is semiconductors, consumer electronics and communications, or AI industry, computing power, CPO, or information security, information innovation and other directions have ushered in continuous development, Brother Hou has also said to you many times before, pay attention to the next big technology investment opportunities.
From the current point of view, technology has become the main line of this wave, and the attention of funds is getting higher and higher.
At the same time, the prosperity of the technology industry is improving, and the role of science and technology in the economy is increasing.
Moreover, there is a large demand for domestic substitution in the field of science and technology.
Therefore, the next step is to continue to embrace technology.
In Brother Hou's view, there are mainly the following reasons:
First, the decline before the holiday is too large, and the technical recovery after the holiday.
At the beginning of January this year, it can be called a crash-level killing, and the entire market fell endlessly, after the change of coach, as a catalyst, leading to a wave of crazy repair.
Second, after the change of leadership of the China Securities Regulatory Commission, the market is full of expectations for the next **.
In fact, after the past two changes of coaches, the first year of the new coach was good, so after this change of coach, the market is also full of expectations.
Third, the continuous inflow of foreign capital in February is also a catalyst.
In the whole 2 months, the inflow of foreign capital was 45.8 billion, and the continuous inflow of foreign capital also injected a boost into the world.
Fourth, the policy is relatively loose.
Before the holiday, the central bank cut the reserve requirement, and the LPR interest rate fell more than expected after the holiday, and the loose monetary policy is also beneficial to A-shares.
In short, after a continuous decline, stimulated by a series of positive factors, A-shares ushered in a sustained **.
In Brother Hou's view, there is a high probability that the index will be adjusted at the important meeting next week, but the adjustment should not be too large, so there is no need to worry.
Once the meeting is over, it is expected to be back on track.
Especially at present, the trading volume has continued to maintain trillions, foreign capital has also maintained an overall inflow trend, and investors' long-term sentiment has also become high, and the future is still promising.
Finally, remember to light the index and pay attention to the main line of big technology.
What do you think about this? Welcome to communicate in the comment area!
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