China-Singapore Jingwei Client, April 28, 28th (Wednesday), the Shanghai Composite Index opened lower and maintained its volatility after opening, and pulled up slightly towards the end; the Shenzhen Component Index performed even stronger, with the ChiNext index rising more than 2% and regaining its position 3000 point integer mark.

  As of the close, the Shanghai Composite Index reported 3457.07 points, an increase of 0.42%, with a turnover of 349.669 billion yuan; the Shenzhen Component Index reported 14398.38 points, an increase of 0.94%, with a turnover of 438.482 billion yuan; the Growth Enterprise Market Index reported 300.58 points, an increase of 2.16%; 3473.04 points, a decrease of 0.09%.

  GEM refers to all-day trends Source: Wind

  On the disk, the beverage manufacturing sector led the two markets. Liquor stocks Highland Barley Wine, Hainan Yedao, and Yilite had their daily limit; Jinhui Wine and Jinfeng Wine rose by more than 8%; the coal sector rose by 3% as a whole, Pingdingshan Coal and Haohua Energy , Jinkong Coal, Lu'an Environmental Energy's daily limit; the automobile sector strengthened, BAIC Blue Valley's daily limit, and Xiaokang shares closed the board; biological products, home appliances, tourist attractions, airport shipping, power and other sectors ranked the top gainers.

  Second-child concept stocks are active, with Common Pharmaceuticals’ 20% daily limit, Jingfeng Pharmaceutical, Tai’antang, Yangtze River Health, and Yuexin Health’s daily limit; gene sequencing concept stocks Qianyuan Pharmaceutical’s 20% daily limit, Changhong Technology, Betta Pharmaceuticals, Anke Biological shares rose by more than 7%.

  In terms of individual stocks, 2217 individual stocks rose, among which Jereh, Zheidman, Fenda Technology and other stocks rose by more than 5%; 1886 individual stocks fell, of which ST Honggao, Honghe Technology, Huachangda and other stocks fell The amplitude exceeds 5%.

  In terms of turnover rate, there are a total of 53 stocks with a turnover rate of more than 20%. Among them, N Ruihuatai has the highest turnover rate, reaching 88.96%.

  From the perspective of the north-south capital flow of Shanghai-Shenzhen-Hong Kong Stock Connect, the net inflow of northbound capital was 4.718 billion yuan, of which the net inflow of Shanghai Stock Connect was 2.76 billion yuan, the balance of funds on the day was 49.24 billion yuan, the net inflow of Shenzhen Stock Connect was 1.958 billion yuan, and the balance of funds on the day was 500.42 billion. 100 million yuan; the net inflow of southbound funds was 2.099 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 456 million yuan, the fund balance on the day was 41.544 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 1.643 billion yuan, and the fund balance on the day was 40.357 billion yuan.

  Huaxin Securities believes that it is more difficult to have a big market before the holiday.

Investors should guard against the risk of another fall in the short-term index, especially after this Monday’s rise and fall, focusing on the adjustment of the ChiNext. This round of rebound is mainly based on the ChiNext market. Therefore, if the adjustment of the ChiNext is enlarged, it is right. The impact of the Shanghai stock market will be even greater.

  Regarding the market outlook, Guosen Securities pointed out that the red may be expected.

Both the macro-level economic data and the micro-level financial report data of listed companies show that the current economy is still continuing a strong growth trend, and the upward trend of the market remains unchanged.

From a structural point of view, the probability of further reliance on valuation increases to obtain stock price increases in 2021 is extremely low. The market characteristics of the subsequent market are mainly to find varieties with sufficient upward profitability. Under the background of the overall market valuation decline, rely on sufficient Earnings growth rate gets stock price return.

  Operationally, Northeast Securities said that the current market lacks a sense of direction and tends to be more balanced in style; historically, the risk aversion sentiment during the holiday a few days before May Day will heat up, and some positions will be controlled by rallies.

Generally speaking, the timing of the higher winning rate may be from the end of May to early mid-June.

(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.)