Sino-Singapore Jingwei client April 9th ​​(Thursday), stimulated by the good news, the Shanghai and Shenzhen stock markets opened higher, the Shanghai Index reported 2825.84 points, an increase of 0.37%, and the trading volume was 2.468 billion yuan; the Shenzhen Component Index reported 10453.86 Points, an increase of 0.65%, with a transaction volume of 4.487 billion yuan; the GEM Index reported 1981.24 points, an increase of 0.84%.

Shanghai and Shenzhen stock market opening performance: Wind

On the disk, brokerage stocks led the gains, and individual stocks rose across the board; communications operations, fisheries, computer applications, military industry and other sectors rose the top. The apparel and home textiles, catering, plastics, shipping and other sectors fell the most.

In terms of concept stocks, RCS rich media communications, yesterday's daily limit, aquatic products, Huawei HMS, data centers, etc. were active; delivery expectations, capital leaders, sugar, masks, and ASEAN free trade area were among the top decliners.

In terms of individual stocks, 2625 stocks rose, among which 37 stocks such as Xinhua, Tangrenshen, Aerospace Chenguang rose more than 5%. 610 stocks fell, of which 19 stocks such as Soyut, ST Ruidian, Zhenghong Technology and others fell more than 5%.

In terms of capital flow, the top five inflows in the industry sector are other transportation equipment, cultural media, Internet media, marketing communications, and shipbuilding, and the top five outflows are other transportation equipment, cultural media, internet media, marketing communications, Shipbuilding.

From the perspective of the north-south capital flow of Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net outflow of northbound funds was 1.687 billion yuan, of which the net outflow of Shanghai Stock Connect was 1.003 billion yuan, the balance of funds on the day was 53.003 billion yuan, and the net outflow of Shenzhen Stock Connect was 684 million yuan. The balance is 52.684 billion yuan; the net inflow of southbound funds is 2.32 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect is 2.25 billion yuan, the balance of funds on the day is 39.75 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 70 million yuan, and the balance of funds on the day is 41.93 billion yuan.

On the news, on April 7th, the Financial Stability Development Committee of the State Council held the twenty-fifth meeting to deploy the next stage of key tasks, including five aspects:

One is to increase the implementation of macro policies, and a stable monetary policy should be more flexible and appropriate, and support the recovery of the real economy in a more prominent position;

The second is to guide credit resources to support more small, medium and micro enterprises and private enterprises that have been hit hard by the epidemic;

The third is to give full play to the pivotal role of the capital market, continuously strengthen the construction of basic systems, resolutely combat all kinds of counterfeiting and fraud, relax and cancel regulations that do not meet development needs, and increase market activity;

The fourth is to increase the capital replenishment of small and medium-sized banks in various effective ways to enhance the ability to resist risks and credit;

Fifth, attach great importance to the research and judgment of the international epidemic situation and the economic and financial situation, and prevent the transmission of overseas risks to China.

In response to "relaxing and removing regulations that do not meet development needs and enhancing market activity," Li Xunlei, chief economist at Qilu Asset Management, pointed out that this has certain relevance to the implementation of the new securities law. The capital market is in the reform window. Adhere to the reform direction of marketization and rule of law, withdraw rules and regulations that are not suitable for market development, let long-term funds and compliance funds enter the market, and increase market activity.

Looking forward to the second quarter, GF Securities believes that the first half of the second quarter is in a time window where counter-cyclical adjustment policies are intensively introduced, and the A-share market may usher in a recovering rebound, but then we still need to observe the inflection point and the fundamentals of the global epidemic control. The degree of damage and the progress of resumption of production.

CITIC Securities expects that the global epidemic peak will appear in mid-April, when global capital re-allocation will begin, and China's stocks and interest rate debt are the first choice. In April, the A-share market will usher in a bottom inflection point and start the second-quarter rise. In terms of sector configuration, new and old infrastructure and related technology leaders (5G, cloud computing, IDC, etc.) are still the main line throughout the year. In addition, we can focus on the domestic demand-driven combination with a low proportion of overseas business income, upstream supply chain / raw materials not dependent on imports, and strong certainty in annual performance. (Sino-Singapore Jingwei app)

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