A share market pressure peak has gradually passed 2900 points, there is support for integer points.

category:Finance
 A share market pressure peak has gradually passed 2900 points, there is support for integer points.


However, it is difficult to explain why the recent IPO has been in a series of dives and weak trends. For example, Shenlian bio (688098), Haier bio (688139), Qisheng Technology (603610), Yunong Commercial Bank (601077) and other newly listed new shares of science and technology innovation board have shown a lower than expected trend, and such individual stocks are neither block chain concept stocks nor those with lower than expected performance in the third quarter.

Some analysts believe that this may be related to the tightening of liquidity in the near future. The specific performance is that the bond market continues to fall in the near future, the bond yield rises rapidly, and the 10-year bond even reaches the level of 3.3%. This shows from one side that in the context of high CPI, it is difficult for the central bank to release liquidity. Therefore, the capital market tends to be tense, so the stock capital can only be borrowed from the east wall to make up for the west wall, which is reflected in the panel, that is, in the face of the listing of new shares, the hot money in the stock capital has little interest.

Warm up again

However, the market pressure mentioned above is abating. For example, after the third quarters performance was lower than expected, there was a sell-off trend in related stocks. According to the relevant disclosure rules, the third quarterly report of listed companies will be published on Wednesday night, and Thursday morning will have a certain impact on the A-share market.

For another example, the differentiation of recent hot topic stocks represented by blockchain has released a great impact on Wednesday morning. At present, only a few blockchain concept stocks such as Xinhu Zhongbao (600208) are still on the trading board. Even if they open the trading board on Thursday or Friday, the impact on the market is also weakening.

The biggest problem now is liquidity, that is, the yield of ten-year Treasury bonds will return to 3.3% again, which will cause more funds to allocate bonds, thus causing certain pressure on equity assets to withdraw funds. However, November will come. At this time point, fiscal expenditure will increase, and the liquidity of the whole market will increase accordingly, thus reducing the pressure of upward bond yield on equity assets.

At the same time, the current A-share market stock fund response strategy is also more appropriate, that is, once again holding the group heating, select three kinds of stocks.

First, low value, high dividend rate high-quality asset stocks, such as banking stocks, hydropower and other public utility stocks, which have significant rights and great impact on the index. The stability of such individual stocks is conducive to the stable operation of A-share market.

Second, the varieties with fast growth and optimistic industrial prospects, including innovative pharmaceutical industry chain and high growth technology stocks represented by chips. This was reflected in Wednesday morning trading.

Third, performance turning point stocks, such as the animal vaccine concept stocks, were more prominent on Wednesday. Rip bio (300119) and bio (600201) were the top gainers, and bio shares and other stocks formed a clear channel to rise, which greatly attracted the attention of hot money in stock, which is expected to form a long-term cooperation and reduce the psychological pressure brought by liquidity tension. To sum up, with the stabilization of undervalued varieties such as financial stocks, the activity of high growth stocks and performance turning point stocks, the index is expected to gradually stabilize, and the support strength of the Shanghai composite index at 2900 can still be expected. In operation, we can still attract low performance turning point stocks and high growth stocks, pay close attention to the change curve of 10-year Treasury bond yield, and then make the adjustment strategy of position proportion. Source: surging news editor: Liu Songpeng nbj9949

Third, performance turning point stocks, such as the animal vaccine concept stocks, were more prominent on Wednesday. Rip bio (300119) and bio (600201) were the top gainers, and bio shares and other stocks formed a clear channel to rise, which greatly attracted the attention of hot money in stock, which is expected to form a long-term cooperation and reduce the psychological pressure brought by liquidity tension.

To sum up, with the stabilization of undervalued varieties such as financial stocks, the activity of high growth stocks and performance turning point stocks, the index is expected to gradually stabilize, and the support strength of the Shanghai composite index at 2900 can still be expected.