In terms of sectors: e-sports, China shipbuilding, mobile games and other sectors led the increase, while pork breeding, high delivery expectations, digital currency and other sectors led the decline.
Zhongyuan Securities pointed out that after fully digesting the recent macro data, market expansion and surrounding market turbulence and other negative factors, the A-share market bottomed out on Thursday driven by the software technology sector, and the Shanghai index continued to rally around 2900 all day. At present, investors need to wait patiently for the regulators to continue to introduce measures to boost the economy, the latest results of the Sino US trade negotiations, and whether the surrounding market can stabilize and recover. At present, the A-share index has a strong ability to resist the negative factors. It is expected that there will be little room for the index to continue to decline in the future. It is a better choice to wait for the arrival of the time point of change. It is suggested that investors continue to pay attention to the changes of policy, capital and external factors.
Huarong Securities believes that the macro data in October is lower than expected, and the downward pressure on the economy continues to increase. But the impact of the fall in economic data may have been partially digested by the market in advance. In the fixed income market, the current bond futures fluctuated and weakened, a shares held the 2900 level, and rose slightly in late afternoon trading. Generally speaking, the current stagflation like environment still needs time for space to be gradually resolved, and counter cyclical regulation is expected to hedge downward pressure. It is suggested that investors should be cautious and optimistic, and be patient and calm in layout.
According to Shengguang finance and economics, the Shanghai index fell in shock today, falling 2900 points, making the index plummet by more than 1%. E-sports led the growth of two cities, Shengtian network and other four stocks. The last market of China shipbuilding industry was stronger, leading the rise. Rare earth permanent magnet fell back, rising slightly. Dehong shares rose, steel plate was relatively strong, Baotou Steel shares led the rise, beer concept fell slightly, Chongqing beer led the rise, and aquaculture The industry fell sharply, leading the decline of the two cities. Shares of delis and Zhenjing fell to a stop, with the decline of high-speed transmission and transfer in the first place, and the decline of gas and water, digital currency, scenic spot tourism and other sectors in the first place. At present, the environment of the stock market is not good, so it is difficult to have a big market, so we try to choose high-quality individual stock band operation as the main, we must not blindly pursue the high, at present, the stock market callback is basically at the bottom, we can appropriately increase the position.
According to Jufeng investment advisors, the structural characteristics of the market are being strengthened, big blue chips have become a scarce product in the market, and the market turns to defense after the third quarterly report. Under the influence of the expansion of foreign investment, the funds from the northern part of Shanghai stock exchange actively entered the market, and the Shanghai Stock Exchange 50 rose to a new high within the year and then fell back. Last Friday, under the stimulation of intensive good news, the two cities opened higher and left lower, and the blue chip market driven by foreign investment came to an end. This week, the market continued to shrink and adjust. The Shanghai index saw around 2900 points, and technology stocks led the market to continue to perform structural market. According to the trend of funds, it is suggested to pay attention to the technology stocks and pharmaceutical consumption blue chip stocks that have recently been put back in place.
Source: editor in charge of Finance and economics of Netease: Yang bin_nf4368