Sino-Singapore Jingwei Client, January 4th. On the first day of the opening of the A-share market in 2021, the Shanghai and Shenzhen markets opened higher and the three major stock indexes closed in red.

The market staged a strong upswing pattern in the early trading. The index rose by more than 3%, and the Shanghai index exceeded 3,500 points; the index consolidated at a high level in the afternoon, the non-ferrous sector continued to rise, the agricultural planting sector was active, technology stocks rebounded, and the market volume continued to increase.

  As of the close, the Shanghai Index reported 3502.96 points, an increase of 0.86%, with a turnover of 523.368 billion yuan; the Shenzhen Component Index reported 14827.47 points, an increase of 2.47%, with a turnover of 64.114 billion yuan; the Growth Enterprise Market Index reported 307.811 points, an increase of 3.77%.

The turnover of Shanghai and Shenzhen stock markets exceeded 1.1 trillion yuan.

Wind screenshot

  On the board, power equipment, livestock and poultry breeding, feed, agricultural product processing, and rare metals led the gains; real estate development, communications operations, banking II, insurance, decoration and decoration sectors led the decline.

  In terms of concept stocks, bike sharing, e-cigarettes, tire pressure monitoring, chicken breeding, rice wine, etc. rose among the top gains, while ophthalmology, private hospitals, housing leasing, Xi'an Free Trade Zone, and real estate development led the declines.

  In terms of individual stocks, 2813 individual stocks rose, including Zhongke Electric, Haoneng shares, Wantai Biotech and other stocks rose more than 5%.

1167 stocks fell, of which ST Shenglai, Hongda Hi-Tech, Jinlitai and other stocks fell more than 5%.

  In terms of turnover rate, there are 37 stocks with a turnover rate of more than 20%, of which C Martian has the highest turnover rate, reaching 52.56%.

  In terms of capital flow, the top five major inflows of the industry sector are brokerage firms, aviation equipment, power equipment, beverage manufacturing, and bank II. The top five outflows are brokerage firms, bank II, aviation equipment, real estate development, and power equipment.

The top five stocks with major inflows are Founder Securities, Longji, Hikvision, Muyuan, and Great Wall of China. The top five stocks with outflows are Founder Securities, BOE A, Zhongyuan Securities, Muyuan, and China Merchants Bank.

The top five conceptual themes for the main inflows are margin financing and securities lending, refinancing securities, MSCI concepts, Shanghai Stock Connect, and Shenzhen Stock Connect. The top five conceptual themes for outflows are margin financing and securities lending, refinancing securities, and MSCI concepts. , Shanghai Stock Connect, Shenzhen Stock Connect.

A-share 2021 welcomes a good start

Experts say five factors help the market strengthen

  A-share New Year is a "good start." Li Daxiao, chief economist of Yingda Securities, pointed out that there are five positive factors in the new year to promote the market strength: First, the introduction of vaccines will promote economic recovery and promote the performance of listed companies.

The second is that residents' savings through the purchase of public funds to enter the market will greatly expand the source of funds.

Third, foreign investment in the market will increase substantially. Foreign capital inflow is an important variable in the A-share market, and its trend deserves our attention.

Fourth, the enthusiasm of domestic long-term funds to enter the market will be greatly increased, and the enthusiasm of long-term funds such as pension funds, enterprise annuities, insurance funds, and pension target funds will be greatly increased due to the relatively generous returns in 2020.

Fifth, the enhancement of the role and status of the stock market will create a favorable policy environment for the stock market.

A shares may fluctuate upwards at the beginning of the year

How to configure the market outlook?

  In 2020, the A-share market ended successfully. All major indexes performed well. The ChiNext Index performed the best, rising over 64% for the year, and the new energy sector performed best in the second half of the year.

Regarding the market outlook configuration, institutions also give different views.

  How do A shares start the year?

Ping An Securities' judgment for the beginning of 2021 is that the A-share market fluctuates upward.

At the turn of the end of 2020, the capital market has experienced a series of ups and downs and ushered in a series of positive new changes, some even epoch-making changes.

In this context, the equity market in 2021 has a more optimistic start, and 2021 will be a year to carry forward the past.

  Ping An Securities put forward the judgment of "structural bull" in the year of the bull, and it is expected that the A-share market will usher in a turbulent upward trend at the beginning of the year.

Industry configuration recommendations pay attention to economic transformation and policy overweighting directions, namely manufacturing and hard technology sectors (new energy, new energy vehicles, automobiles, machinery and equipment, electronic semiconductors, etc.), consumer leaders (brand consumption, service consumption, and export furniture light industry, etc.) ).

Of course, the non-ferrous metals and chemical industries in the cycle sector still have trading opportunities under the influence of vaccines in the short term.

  Bohai Securities believes that the index including the Shanghai Composite Index and the ChiNext Index achieved a breakthrough last week, and the index gains generally outperformed the KLCI, which may be related to the grouping behavior of institutions at the end of the year.

Regarding the index breakthrough, we believe that further confirmation process is needed in the short term. The stocks that have been heavily in positions before and have increased significantly during the year-end clearance process will have a certain amount of pressure to loosen their chips after the year, which may lead to the index's current position. repeatedly.

In terms of industry configuration, from the perspectives of defense, epidemic, and domestic circulation, we can focus on transportation, media, chemical, technology, military, new energy, machinery and equipment industries.

  Yang Delong, chief economist of Qianhai Open Source Fund, believes that it is recommended that investors allocate more than half of their positions in consumer white horse stocks with stable performance.

In addition, we must focus on the allocation of new energy. As fossil energy is gradually coming to an end, the development of new energy will become faster and faster in the future, including new energy vehicles and photovoltaics, which will continue to lead in 2021, and new energy vehicles will replace traditional fuel vehicles. It is a long-term trend. It will take more than 10 years to truly replace traditional vehicles with new energy vehicles.

(Zhongxin Jingwei APP)

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

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