China and Singapore Jingwei Client on March 20th. On the last trading day of the week, the A shares opened higher. The Shanghai Index rose 0.92%, the Shenzhen Component Index rose 1.31%, and the GEM Index rose 1.53%. Large areas of the plate are red, and electronics, building materials, Tesla and other concepts have risen the most.

In terms of individual stocks, 3285 stocks rose, of which 35 stocks such as Huilong, Dongfang Electronics, and Garden Biology rose more than 5%. 283 stocks fell, of which 7 stocks including Sansheng, Xuelong Group and Miolant fell more than 5%.

Source: Wind

Overnight, the European and American stock markets became popular across the board. The three major US stock indexes continued to expand at the beginning of the session, and then a V-shaped reversal was performed. The three major stock indexes continued to strengthen. The Nasdaq rose more than 3%, the Dow rose about 2%, and the intraday low once rose to over 1000. Points, the S & P 500 rose about 2%.

On the news, the Federal Reserve announced on Thursday the establishment of temporary US dollar liquidity arrangements with the Reserve Bank of Australia, the Central Bank of Brazil, the National Bank of Denmark, the Bank of Korea, the Bank of Mexico, the Norwegian Bank of Norway, the Reserve Bank of New Zealand, the Monetary Authority of Singapore and the National Bank of Sweden. Futures transactions), providing up to 60 billion US dollars of liquidity, designed to reduce the pressure on the global dollar financing market.

US President Trump also re-issued on the evening of the 19th that he would cooperate with Congress to increase relief, believing that there will be a V-shaped recovery in the economy after the epidemic.

Crude oil futures surged sharply on Thursday, setting the largest single-day percentage increase on record, recovering some of the lost ground. NYMEX crude oil futures closed up 23.14% at 25.65 US dollars / barrel, the largest single-day gain in history, and once surged more than 32% during the session. Cloth oil closed up 12.29% at $ 29.97 / barrel.

In the Asia-Pacific market, the Japanese stock market was closed on the 20th day of the Spring Equinox. The South Korean Composite Index opened higher than 3% at 1,498.49 points. The subsequent increase continued to expand, once rising by more than 4%. As of press time, the South Korean Composite Index rose 3.21%. The Hang Seng Index opened 2.02% higher at 22147.34 points. Telecom stocks and oil stocks rose the most. China Mobile and CNOOC rose more than 5%. PetroChina rose more than 4%. China Unicom rose more than 3%.

For the later trend of A-shares, Guosheng Securities analyzed that it would not break, not stand, and then stand up. After the stock index breaks, there will be a wave of rebounds. This time, the points on the first trading day after the Spring Festival and 2700 points are in line with this feature. The external market's soaring and plunging model ended, the market panic cooled, and A shares are expected to get out of their own independent market. With the orderly progress of resumption of work and production, China's fundamentals have determined in the second quarter that the stock market will not lag behind, and is more likely to lead. Structurally, the new and old infrastructure invested by the government is working together, and domestic consumption has begun to recover.

Zhongyuan Securities predicts that it is more likely that the Shanghai Stock Index will continue to sort out slightly in the short term, and the GEM market is more likely to continue to fluctuate in the short term. Investors are advised to continue to pay close attention to changes in policy, funding and external factors. (Zhongxin Jingwei APP)

(The opinions in this article are for reference only and do not constitute investment advice. Investment is risky and you must be cautious when entering the market.)