Sino-Singapore Jingwei Client, January 26. On Tuesday, A shares unilaterally declined throughout the day, and the ChiNext index fell nearly 3%.

On the disk, liquor stocks pulled back sharply, and the new crown detection concept set off a stop wave.

　　Source: Wind

　　As of the close, the Shanghai Composite Index reported 3569.43 points, a decrease of 1.51%, with a turnover of 436.327 billion yuan; the Shenzhen Component Index reported 15352.42 points, a decrease of 2.28%, with a turnover of 577.726 billion yuan; the ChiNext Index reported 3258.36 points, a decrease of 2.89%.

　　On the disk, coal, household goods, culture, education and leisure, agriculture, forestry, animal husbandry and fishery, and transportation services have the largest increases; aviation, shipping, insurance, wine making, and medical care have the largest declines.

　　Coal led the gains in the industry sector, up 1.71%. Five stocks including Yunmei Energy, Dayou Energy, and Shaanxi Black Cat had their daily limit. ST Antai, Liaoning Energy, and Shanxi Coking followed the rise.

　　The aviation and shipbuilding sectors fell more than 6%, and the aviation sector led the decline. Among them, 6 stocks including AVIC Hi-Tech, Hangfa Power, and Hongdu Aviation fell their limit, and Hangfa Technology fell more than 9%.

In addition, liquor stocks pulled back sharply on the 26th, falling 3.72%. Among them, Huangtai Liquor fell 9.33%, Kweichow Moutai fell 1.52%, and Yanghe shares bucked the market and rose more than 3%.

　　In the concept sector, pork, IP monetization, online education, gold concepts, and intellectual property rights rose among the top; new crown detection, tobacco concepts, genetic concepts, drones, and military-civilian integration were among the top decliners.

　　The pork concept rose nearly 3%, Tianbang shares rose by the daily limit, Lihua shares rose by more than 12%, and Muyuan shares rose by more than 7%. Aonong Bio, New Hope, Zhengbang Technology and so on followed the rise.

　　The new crown detection concept fell by more than 4%, leading the decline in the concept sector. Among them, many stocks such as Bohui Innovation, Dean Diagnostics, and Jiuqiang Biotech fell by their limit.

　　Overall, a total of 1472 stocks in the two cities rose, of which ST Huarong, ST Changjiu, Pingzhi Information and other stocks rose more than 5%.

2497 stocks fell, of which several stocks such as Innovative Medical, Sungrow Power, and Fuyao Glass fell by more than 5%.

　　In terms of turnover rate, a total of 32 stocks had a turnover rate of more than 20%, of which West Gate had the highest turnover rate, reaching 67.74%.

　　The Northeast Securities Research Report mentioned that overnight US stocks fell first and then rose, European stocks fell, commodities rose slightly, and overseas markets were relatively stable.

Therefore, the hot spots repeatedly rotate, and on- and off-market funds cherish the trading window period of the spring market in the first quarter; on-market funds are responding to the question of spring market and excessive grouping in the form of optimized allocation structure.

In the short term, we tend to control positions on rallies from an index point of view; from the perspective of market hotspots, we tend to balance allocation and repetitive rotation, and more appropriately control positions on rallies or optimize allocation to deal with the divergence of market volume and price structure.

　　Looking at the market outlook, according to the analysis of the Central Plains Securities Research Report, the characteristics of the current market capital grouping and heating are still more significant, and the characteristics of the structural market continue to be interpreted.

Investors are advised to pay close attention to changes in policies and capital, and continue to pay attention to investment opportunities brought about by industry rotation.

　　Soochow Securities believes that the current stocks in the two cities are highly differentiated, and the market strength and weakness are clearly differentiated.

Frequent rotation between sectors has led to insufficient market profitability, and investors should not chase gains.

(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.)