After deep adjustment, how to go after A-share market?

category:Finance
 After deep adjustment, how to go after A-share market?


It is worth noting that market sentiment has cooled slightly this week. On the one hand, northbound funds continued to flee this week, with a net outflow of 16.357 billion yuan on Friday and a cumulative net outflow of 24.751 billion yuan this week. On the other hand, the trading volume of the two markets on each trading day is still above trillion yuan, but it is still slightly narrowed than last week. Nevertheless, the late Friday diving, trading volume showed a small increase, indicating that the market bottom sentiment is relatively strong, sentiment is still in.

On the whole, after going through the market in early July, the index has come to a relatively awkward position - upward pressure, limited downward space, and horizontal market volatility is a better result. Although the index market is not prominent, there are still mining opportunities for individual stocks, especially the sharp fall on Friday, which may further enlarge the individual stock market, and the industry and individual stock differentiation may intensify.

The proportion of medical industry positions allocated by public funds reached 23%, a record high

With the continuous rise of the pharmaceutical sector and fund allocation in the first half of the year, the total market value and stock investment market value of the pharmaceutical industry in the public funds also increased. According to the funds second quarter report, the proportion of public funds allocated to pharmaceutical industry positions reached 23%, a record high. In the first half of the year, the performance of the top pharmaceutical theme fund also attracted a large amount of money, and the product scale increased sharply.

On July 24, the Comex gold price broke through 1900 US dollars / ounce, continued to record a new high since September 2011, and closed at $1900.30/oz. London gold prices hit a high of $1906.88, closing at $1900.60.

Shenzhen Stock Exchange: zero tolerance on fraud issuance, false disclosure and other serious violations

On July 24, the Shenzhen stock exchange held the first industry consulting expert forum and exchange meeting in the listing hall to exchange and discuss how the capital market can promote the ecological development of science and technology in frontier fields and better serve the national strategy. The person in charge of the Shenzhen Stock Exchange said that the Shenzhen Stock Exchange adheres to the principle of being steady and striving for progress in stability, striving to be open-minded, transparent, honest and strict, striving to create a high-quality project for reform, and enhancing the sense of gain from reform of all parties in the market. We should adhere to the strict management of the city and the place, strictly implement the system and rules, and zero tolerance for serious violations such as fraudulent issuance and false disclosure.

Shenzhen Stock Exchange: the proportion of single transferee of shares transferred by shareholders of listed companies through agreement transfer shall not be less than 5%

On July 24, the Shenzhen Stock Exchange issued the guidelines for handling stock agreement transfer business of Listed Companies in Shenzhen Stock Exchange (revised in 2020). According to the guidelines, if the shareholders of a listed company transfer their shares by agreement, the proportion of transfer of a single transferee shall not be less than 5%, unless both parties have actual control relationship, are controlled by the same controller, are related to the acquisition of listed companies, recognized by the competent authorities or otherwise stipulated by laws and regulations.

China Securities Association: 134 securities companies operating revenue in the first half of 2020 was 213.4 billion yuan, with a year-on-year growth of 19%

According to the operating data of securities companies released by China Securities Association in the first half of 2020, 134 securities companies realized operating revenue of 213.404 billion yuan in the first half of 2020 (178.941 billion yuan in the same period of last year), with a year-on-year growth of 19%; the net profit in the first half of 2020 was 83.147 billion yuan (66.662 billion yuan in the same period of last year), and 124 securities companies achieved profits.

Institutions look at the market

Everbright Securities: short term market adjustment risk, but the second half of the market is not pessimistic

Everbright Securities pointed out that in the future, the current market has completed the currency driven valuation repair stage, and the subsequent market growth momentum will switch to profit driven, and the market may adjust before the recovery of corporate profits is generally recognized by the market. However, there is no need for investors to worry too much about this. From the perspective of monetary indicators, investment, production and other indicators, the recovery of corporate profits in the second half of the year is relatively certain. After the recovery of corporate profits is generally recognized by the market, the recovery of corporate profits will become a new driving force for the market to rise. Therefore, although there are adjustment risks in the market in the short term, from the perspective of the second half of the year, The second half of the market is not pessimistic.

Zhongyuan Securities: the stock index of the two cities has lost the power of continuous rising

Zhongyuan Securities pointed out that in recent years, with the basic completion of cycle industry supplementary inflation, the stock indexes of the two cities have temporarily lost the power to continue to rise, and the Shanghai index is basically under 3400 points, accumulating strength for the later rise. It is suggested that investors should continue to pay attention to the changes in policy, capital and external markets. Growth stocks and the related varieties with the performance of the interim report exceeding expectations should continue to be concerned.

Huatai Securities: there are bulls in this round of a shares, but there is no fast bull in large probability

Huatai strategy team said that the trend of fundamentals determines that there is a bull in this round of A-shares, but the difference of risk-free interest rates among US debt, domestic long-term, short-term and commodity base determines that the pace and history of the four types of funds entering the market are different, and there is no fast bull in this round.

Plate digs gold

In July 24th, when inspecting in Jilin, Xi Jinping stressed that to promote the high quality development of Chinas automobile industry, we must strengthen the independent research and development of key core technologies and key parts, and achieve self reliance and self reliance in technology and strengthen national brand. In todays world, the manufacturing industry is facing fierce competition. It is necessary to seize the opportunity, vigorously develop strategic emerging industries, and realize overtaking on corners.

Influence plate: automobile, auto parts

The 102nd national sugar and Wine Fair will be held online from July 28 to 30, and its influence is expected

The national sugar and wine fair, known as the wind vane of Chinas wine industry and the barometer of food industry, started in 1955, is one of the largest professional exhibitions with the longest history in China. The food industry is one of the pillar industries in China. The effect of the sugar and wine fair not only affects the commerce and trade industry, but also affects the large number of food processing industry, and then affects the primary industry.

Influence plate: Food and beverage, liquor

Related stocks: Jiugui Liquor (000799. SZ), Luzhou Laojiao (000568. SZ), Wuliangye (000858. SZ), Guizhou Maotai (600519. SH), etc