Early Review: The Shanghai Stock Index opened 0.81percent higher and then went up 3000 financial stocks.

category:Finance
 Early Review: The Shanghai Stock Index opened 0.81percent higher and then went up 3000 financial stocks.


China Merchants Securities: The marginal relaxation of monetary policy, increased counter-cyclical regulation, short-term boost market sentiment. Lowering liquidity releases term spreads, which are conducive to the downward trend of long-term interest rates, and the improvement of risk preference in the downward trend of interest rates contributes to the increase of stock market valuation. Reducing the standard and cooperating with the new mechanism of LPR to guide enterprises to reduce the financing cost will directly boost the profits of non-financial listed companies. Under the current combination of low interest rate and low growth rate of social finance, the attractiveness of the stock market has been further enhanced. Supporting policies of the capital market and the cycle of science and technology upstream have been superimposed, and the performance of brokerage + science and technology stocks has continued to be optimistic. It is suggested that attention should be paid to computers, military industry, media and brokerage companies.

Everbright Securities: According to historical statistics, the market usually has considerable positive returns within half a month and one month after lowering the benchmark. The beneficiaries of CSE 500 and GEM are more obvious. The current market is still at the bottom of the allocation period. It is suggested that we continue to be patient in holding positions. Structurally, automobiles with high performance-price ratio and recovery trend can be added, as well as small and medium-sized enterprises (5G, semiconductor, information security and financial technology) benefiting from loose policies, and short-term increased attention to securities dealers, cycle and military industry. Overseas, this weeks planned talks between China and the United States will provide an opportunity for further improvement. Risk assets will continue to receive support as global liquidity growth is expected to be strong in September.

Shenguang Finance and Economics: Maintain our September view, A shares enter the rising honeymoon period. It is suggested that we should focus on the multi-point distribution of big finance, industry leaders and science and technology stocks and do more actively. Since the adjustment of A shares in March-July is very sufficient, we believe that the A Sharesrise since August is another strong rally in the new bull market, which lasts at least until the end of September. During this period, the main focus of investment is stock selection and portfolio optimization. Investors need to choose from the persistent strength of the strong, the excessive decline to compensate for the rise, and the restoration of valuation. From a radical point of view, technology stocks are still relatively strong competitors, because new products of electronic consumer goods have been released more since September, and people are optimistic about the industry. However, it should be noted that some leading stocks have accumulated huge gains, and the risk of high volatility has been increased by a large increase in the leverage of financiers. From a robust point of view, we can continue to choose stocks from multiple dimensions, such as policy dividends, industry prosperity and enterprise fundamentals growth. Probably it falls on the level of Finance + industry leader + supplementary increase of technology stocks. Source of this article: Netease Financial Responsibility Editor: Yang Qian_NF4425

Shenguang Finance and Economics: Maintain our September view, A shares enter the rising honeymoon period. It is suggested that we should focus on the multi-point distribution of big finance, industry leaders and science and technology stocks and do more actively. Since the adjustment of A shares in March-July is very sufficient, we believe that the A Sharesrise since August is another strong rally in the new bull market, which lasts at least until the end of September. During this period, the main focus of investment is stock selection and portfolio optimization. Investors need to choose from the persistent strength of the strong, the excessive decline to compensate for the rise, and the restoration of valuation. From a radical point of view, technology stocks are still relatively strong competitors, because new products of electronic consumer goods have been released more since September, and people are optimistic about the industry. However, it should be noted that some leading stocks have accumulated huge gains, and the risk of high volatility has been increased by a large increase in the leverage of financiers. From a robust point of view, we can continue to choose stocks from multiple dimensions, such as policy dividends, industry prosperity and enterprise fundamentals growth. Probably it falls on the level of Finance + industry leader + supplementary increase of technology stocks.