Sino-Singapore Jingwei, September 23. On the 23rd, the three major indexes collectively opened higher.

The Shanghai Composite Index rose 0.63% to 3,651.27 points, the Shenzhen Component Index rose 0.72% to 14,380.09 points, and the ChiNext Index rose 1.04% to 3,197.26 points. Green power, propylene oxide, and electricity sectors led the two cities. CSSC Departments, gene sequencing, medical device services and other sectors ranked among the top decliners.

  The ratio of all trading stocks in Shanghai and Shenzhen stocks was 2629:958, with 19 stocks trading at a daily limit and 3 stocks trading at a daily limit.

  As of September 22, the margin of margin trading in Shanghai and Shenzhen stocks was 1.90 trillion yuan.

The balance of financing on the day was 1.74 trillion yuan, an increase of 6.99 billion yuan from the previous trading day; the balance of securities lending on the day was 162.009 billion yuan, a decrease of 334 million yuan from the previous trading day.

  In terms of individual stocks, the daily limit shares during the call auction period are as follows: Inner Mongolia Huadian (9.90%), Zhejiang Xinneng (10.00%), Zhongmin Energy (10.02%), Shanghai Electric Power (9.97%), Erdos (10.00%).

  Chen Mengjie, chief strategy analyst at Yuekai Securities Research Institute, said that A-shares have no systemic financial risks for the time being, and there may be sentimental fluctuations in the short-term market. It is recommended to make dips.

The Evergrande incident may trigger a short-term emotional impact in the real estate chain, and it can be used to bargain in sectors with higher safety margins, such as the lithium battery middle and upper reaches of the new energy automobile sector, the power semiconductor/VR industry chain of the electronic sector, high-end machine tools of mechanical equipment, and large-scale Consumer sector China's Mid-Autumn Festival holiday benefit sector, photovoltaic and wind power equipment, electrolytic aluminum and new energy metals in the non-ferrous sector, and the building materials industry benefited from the accelerated issuance of special bonds and increased infrastructure investment in cement/glass fiber, and 5G infrastructure/green IDC in the communications sector /Optical module, etc.

  Yang Delong, chief economist of Qianhai Open Source Fund, said that the market as a whole has gradually realized a style change. Some cyclical stocks that were hot in the early stage began to rise and fall from last Friday. Investment cyclical stocks must know how to make profits in time, otherwise There may be a sharp decline when the cycle is down.

Now the relatively hot cyclical stocks such as non-ferrous coal, there is a high probability that there will be a sharp fall when the cycle appears downward in the future.

When cyclical stocks have fallen, consumer stocks are expected to usher in opportunities in the fourth quarter. The fourth quarter is also a traditional peak season for consumption.

  Wanlian Securities stated that market sentiment may remain relatively low before the National Day holiday, and it is recommended to allocate value sectors with relatively high valuation safety margins.

In terms of industry configuration, it is recommended to pay attention to: 1) Banks and non-bank financials have oversold undervalued sectors before the holiday; 2) New energy, semiconductors, photovoltaics, construction machinery, etc., with high industry prosperity in the main track of high-end manufacturing; 3) Accepted Optional consumer sectors such as leisure services and transportation sectors, such as leisure services, where consumer demand during the double-festival holiday has improved.

(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.)

Keywords: