China News Agency, Beijing, April 6 (Reporter Chen Kangliang) The overall performance of China's A-shares on the first trading day after the Qingming Festival was relatively weak, but the real estate-related sector rose 3.57% against the trend on the 6th, and nearly 20 stocks rose by the daily limit (up 10%). ).
Recently, the continuous strengthening of A-share real estate stocks has attracted attention.
In the past week, real estate development, real estate services and other related sectors recorded increases of more than 11% and more than 8% respectively, and the industry leader Vanke also surged by more than 18%, both significantly outperforming the broader market.
Wanlian Securities analyst Pan Yunjiao believes that under the macro background of "steady growth", the fundamentals of China's real estate industry continue to remain at the bottom, and the marginal improvement policy continues. Performance.
As far as the overall performance of the market is concerned, as of the close of the day, the Shanghai Composite Index reported 3283 points, an increase of 0.02%, with a turnover of 433.6 billion yuan (RMB, the same below); the Shenzhen Component Index reported 12172 points, a decrease of 0.45%, with a turnover of 532.5 billion yuan; The KLCI was at 12,213 points, down 0.1%; the ChiNext Index was at 2,633 points, down 1.24%.
Some analysts believe that one of the important reasons for the adjustment of A shares that day was dragged down by the decline in the external market.
Huarong Securities analyst Lu Liang said that the general fall in European and American stock markets overnight had an impact on market confidence that day.
After the recent "hawkish" remarks by Federal Reserve officials, U.S. bond yields rose again, and European and American stock markets fell under pressure overnight.
Lyle Brainard, director of the US Federal Reserve, said on the 5th that the Fed will continue to tighten monetary policy in an orderly manner, including a series of interest rate hikes and a rapid balance sheet reduction from the regular monetary policy meeting next month.
Brainard, who was nominated by U.S. President Joe Biden as the vice chairman of the Federal Reserve at the end of last year, has attracted the attention of the financial market because of his long-term voting rights on monetary policy.
Lu Liang believes that the Fed's monetary policy is expected to have a greater impact on the global financial market.
Investors are advised to take a cautious and objective attitude towards the short-term trend of A shares.
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