What a surprise! Why is a share smashed? How to go after the most bull plate flameout?

category:Finance
 What a surprise! Why is a share smashed? How to go after the most bull plate flameout?


So, why does a share go against the market? From the plate structure point of view, the morning pharmaceutical stocks led the gem to weaken, and in the afternoon Xinneng car aggravated the decline, and the subject matter stocks fell significantly. This will directly take the haughty liquor down.

From the perspective of capital game, the performance of foreign capital is actually relatively stable, so the approximate rate of smashing is domestic capital. There are two reasons for domestic capital to smash the market: first, the assessment cycle of fund net value is coming, in order to stabilize the net value, it is the consistent operation in previous years to cash in part of the income; second, Wednesday is also the settlement day of stock index options, which may cause some fluctuations. In the past few months, on Wednesdays or Fridays of the third week of each month, the market has probably underperformed.

Judging from the news, there are two pieces of news for the current hottest topic: new energy vehicles. One is Huaweis reiteration that it will not make cars; the other is that the notice of the national development and Reform Commission on carrying out the investigation of new energy vehicle production and project conditions has been circulated on the Internet.

So, how to get to the back market?

It is very difficult for ordinary investors to expect A-share to fall today. Because there is no significant negative news on the surface, the peripheral market has also made good, and this morning the central bank also put in a net 20 billion yuan. However, it is in such a calm atmosphere that the A-share market came to an unexpected fall. By the end of the day, the Shanghai Composite Index fell 1.19% to 3362.45 points, the Shenzhen composite index fell 1.77% to 13656.09 points, and the gem index fell 2.22% to 2615.53 points.

In terms of the contribution to the decline of the index, Guizhou Maotai and Haitian flavor industry contributed the most to the decline of Shanghai stock index. The former dropped 2.08%, contributing nearly 4 points of decline to the Shanghai index; the latter fell 2.48%, contributing 1.12 points of decline to the Shanghai index. The decline of gem was mostly contributed by Ningde times and Mindray medical, the former contributed nearly 10 points, and the latter contributed more than 8 points.

From the perspective of killing structure, the medical plate, new energy car and liquor plate have a greater impact on market sentiment. As a result of the volume collection, the medical sector was hit, and the early gem was thus dragged down. And recently the most popular plate, the new car after the early trading small high, also appeared a sharp drop.

Liquor plate fell more, liquor index fell more than 4% in a single day.

From the style point of view, the funds heavy positions fell first. This is in line with the characteristics of the market at this stage in previous years. Due to the net value assessment of funds, the market will experience a wave of turbulence at the end of November every year, and the funds heavy positions will inevitably be subject to a strong impact. On Wednesday, fund heavyweights fell for the second consecutive day, down 2.12%, surpassing the Shanghai and Shenzhen stock indexes.

The new energy vehicles, which have been frequently used by institutions and various kinds of hot rods, have completely stopped except for fuel cells. Among them, Ningde era fell more than 3%. The collapse of the most powerful pillar in the market is also the main reason for the bull sentiment to be frozen.

This morning, a notice on the investigation of new energy vehicle production and project situation printed with the official seal of the Industrial Development Department of the national development and Reform Commission was circulated on the Internet. The notice requires all localities to carry out the investigation of new energy vehicle investment projects, and requires detailed reports on the vehicles invested and planned to be constructed by Hengda, Baoneng and other enterprises since 2017 The document was issued on November 13, 2020. After the above-mentioned documents were circulated, Evergrande automobile fell by more than 10% at most, which directly suppressed the atmosphere of Xinneng. By the end of the day, the new energy car plate fell nearly 2%.

In addition, there is also a surprising news from Huawei today. On November 25, Huawei released the EMT (management team) document of resolution on business management of smart car parts in Xinsheng community. The resolution of Huawei board Standing Committee [2018] No. 139 resolution on relevant strategies for coping with macro risks clearly states: Huawei does not build cars, but we focus on ICT technology to help car companies build good cars. In the past two years, although the external environment is constantly changing, we should be clear that building ICT infrastructure is the historical mission of Huawei. The more difficult it is, the more unshakable it will be.

At the end of the document, it is emphasized that anyone who proposes to build a car and interfere with the company can be transferred from his post to look for another post. Intelligent terminal and intelligent car parts IRB and consumer business management committee should adhere to Huaweis strategy of not making cars, and have no right to change this strategy.

How can I get to the back market?

Second, from the overall situation of the currency. The peoples Bank of China announced on November 25 that in order to maintain the reasonable and sufficient liquidity of the banking system, the central bank today launched a 7-day reverse repurchase operation of 120 billion yuan by means of interest rate bidding. The bid winning interest rate was 2.2%, which was the same as last time. In addition, 100 billion yuan of reverse repurchase was due today, and the central bank realized a net investment of 20 billion yuan in the open market. Yesterday, the central bank also put in 20 billion yuan. Although the medium and long-term capital interest rate is in a slow rise state, the short-term Shibor is in a downward trend. In addition, the recent rise in Chinas 10-year Treasury bond yield also tends to be flat. Analysts believe that before the epidemic situation improves and vaccines are fully distributed, the possibility of a significant shift in global monetary policy is unlikely.

Third, from the perspective of economic recovery, the future trend is good. Guotai Junan huachangchun said that in August 2020, the inventory cycle of China and the United States will be investigated, and the domestic recovery will be further promoted. China and the United States are expected to increase inventory in the fourth quarter of 2020, which will drive Chinas export hub up slightly in the second half of 2020, and the domestic economic momentum will switch to the manufacturing industry. In 2021, Chinas manufacturing industry will increase significantly, and Chinas economic growth may reach 9% in 2021. Fourth, from the perspective of the endogenous power of the capital market, the comprehensive registration system is likely to continue to advance next year, and the strategy of large aircraft carrier investment banks has been proposed for nearly a year, so the reform can not stop. In addition, at the transaction level, some people have proposed that big blue chips should try t + 0 first. Fifthly, the epidemic situation in China is gradually under control, and there is good news about vaccines. According to Xinhua Finance and Economics on the 25th, Shi Shengyi, deputy general manager of China National Pharmaceutical Group Co., Ltd., said that Sinopharm group had submitted an application to the State Food and Drug Administration for listing the new crown vaccine. Affected by the news, Sinopharm shares rose or decreased. Source of this article: Zhong Qiming, editor in charge of securities companies in China_ NF5619

Third, from the perspective of economic recovery, the future trend is good. Guotai Junan huachangchun said that in August 2020, the inventory cycle of China and the United States will be investigated, and the domestic recovery will be further promoted. China and the United States are expected to increase inventory in the fourth quarter of 2020, which will drive Chinas export hub up slightly in the second half of 2020, and the domestic economic momentum will switch to the manufacturing industry. In 2021, Chinas manufacturing industry will increase significantly, and Chinas economic growth may reach 9% in 2021.

Fourth, from the perspective of the endogenous power of the capital market, the comprehensive registration system is likely to continue to advance next year, and the strategy of large aircraft carrier investment banks has been proposed for nearly a year, so the reform can not stop. In addition, at the transaction level, some people have proposed that big blue chips should try t + 0 first.

Fifthly, the epidemic situation in China is gradually under control, and there is good news about vaccines. According to Xinhua Finance and Economics on the 25th, Shi Shengyi, deputy general manager of China National Pharmaceutical Group Co., Ltd., said that Sinopharm group had submitted an application to the State Food and Drug Administration for listing the new crown vaccine. Affected by the news, Sinopharm shares rose or decreased.