Zhongxin Jingwei Client on March 24th. On Tuesday (24th), the A shares opened sharply higher. The Shanghai index opened higher at 2703.02 points. The Shenzhen Component Index opened 2.15% higher at 9900.22 points. The GEM Index opened 2.3% higher and reported 1869.04 points. Gold, data centers, and cloud office are among the largest gainers.

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On the disk, gold, communications equipment, marketing communications, rare metals, medical services and other sectors led the gains; catering and other sectors led the decline. In terms of concept stocks, gold, scarce resources, cobalt, nickel, edge computing, etc. led the gains.

As for individual stocks, 3601 stocks rose, of which 40 stocks including Silver Nonferrous Metals, ST Changjiu, and Huilun Crystal rose more than 5%. 119 stocks fell, of which 11 stocks, including Jujie Micro Fiber, Weiming Pharmaceutical, and Sunway Co., fell more than 5%.

Hong Kong's Hang Seng Index opened 3.69% higher at 22497.570 points; the state-owned enterprise index rose 4.29% to 9127.010 points; the red chip index rose 4.37% to 3708.770 points.

In the Asia-Pacific stock market, Japan and South Korea stock indexes opened sharply higher on the 24th. The Nikkei 225 index opened up 1.84%, and the South Korean composite index rose 2.78%.

Fed fires out, but stocks still fall sharply

Before the market closed on March 23, US time, the Fed announced that it would offer "unlimited" QE. This week, it will purchase $ 75 billion in national debt and $ 50 billion in institutional mortgage-backed securities (MBS). Daily and regular repo rates are quoted. The interest rate will be reset to 0%.

However, the third round of the U.S. emergency economic assistance program failed to vote again in the Senate. US stocks fluctuated sharply during the session. As of the close, the Dow fell nearly 600 points or 3.04%, the Nasdaq closed 0.27%, and the S & P 500 closed 2.93. %, Erasing all gains since Trump took office.

Reuters reports that the Federal Reserve ’s unprecedented stimulus has not helped the near-term prospects of Wall Street's blighted stocks as people remain concerned about the lack of government stimulus and the ability to control the outbreak.

A shares are difficult to stand alone

Under the impact of the epidemic, global stock markets have experienced a stock market crash. How will the A-share market be interpreted in the future and in what industry sectors will future investment opportunities lie?

Yang Delong, chief economist of Qianhai Open Source Fund, said that we must pay close attention to changes in overseas markets, especially for US stocks. US stocks are now in the process of a cliff-like decline. When investors are in a panic, the market is very May oversell. The A-share market, as the world's second largest market capitalization market, is difficult to stand alone, so the short-term trend will still be dragged down by the plunge of the external market, which is unavoidable.

Yang Delong said from the perspective of investment, on the one hand, it is necessary to be cautious, not to rush to the bottom, but to see more and move less, wait for the stabilization signal from the external market, and then decisively increase the position. The method of batching bottoms is aimed at some of the more promising high-quality stocks or high-quality funds, and the bottom-ups are made by buying in batches or by regular investment. This may avoid short-term market shocks and net value fluctuations.

CITIC Investment Research reported that the market had fallen sharply before and released the risks accumulated earlier. A shares will build a bottom in the volatility, the current time point to mid-April is a stage of gradual layout. From the perspective of industry configuration: new infrastructure industries such as semiconductors, 5G communications, and computers are the main lines of the year 2020; counter-cyclical adjustments in the cement, building materials, construction machinery and other industries benefit from active fiscal policies, and there will be periodic opportunities. Economic activities are normalizing, resumed work is continuing to advance, and industries such as consumption, real estate, and home appliances, where demand has been compressed in the early stage, will recover again. (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.)