Sino-Singapore Jingwei client May 20 (Wednesday) US stocks closed overnight, the three major A-share indexes opened mixed, the Shanghai index opened 0.07% lower, reported at 2896.47 points; the Shenzhen Component Index rose 0.04%, reported 11056.98 points; GEM index rose 0.24% to 2149.29 points.
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On the disk, sectors such as public transport, gold, power equipment, rare metals, and other electronics led the gains; semiconductors, extractive services, park development, fisheries, marketing and communication sectors led the decline.
In terms of concept stocks, gold, yesterday's daily limit, Tesla, lithium battery concept, Xi'an Free Trade Zone and other gains were among the top gainers, while capital leaders, Huawei HiSilicon, ASEAN Free Trade Zone, digital currency, and unmanned banks were among the top decliners.
In terms of individual stocks, 1,164 individual stocks rose, among which 31 individual stocks, such as Harbin Intelligent, Yian Technology, and ST Qunxing, rose more than 5%. 1955 stocks fell, of which 14 stocks such as Xiaocheng Technology, ST Galaxy, ST Tiancheng fell more than 5%.
In response to the recent market trends, Dongguan Securities analysis believes that, first of all, economic data verified the gradual stabilization of the situation in the second quarter, and under the expectation of a warm policy, the stabilization is expected to continue, which will help increase market confidence. Secondly, the two sessions will be held soon, and the policy stability is expected to be strong. There is still room for the release of active fiscal and stable monetary policies, which will have a positive impact on the market. Again, the northbound capital still maintains a net inflow, but the external environment remains to be seen and still has some uncertainty. It is expected that the broader market will continue to fluctuate and stabilize the pattern, focusing on changes in trading volume. In operation, it is recommended to focus on industries such as finance, infrastructure, electrical equipment, military industry, and TMT.
Everbright strategy Xie Chao team believes that for the technology sector, in the short term, the recent risk premium has peaked and fell, which means that the most difficult time for the technology sector may have passed; in the medium and long term, the stock market does not depend on the technical blockade , Its more measure is the ability of enterprises to create monetized profits. In addition, from the perspective of cash flow, affected by the epidemic, the revenue of the technology sector declined significantly in the first quarter, but the proportion of cash flow decreased slightly, and even the proportion of cash flow in the computer, electronics, and communications sectors rose sharply. Cash flow performance means that it will still have investment value in the medium and long term.
Aijian Securities pointed out that on the whole, the market is still in a volatile and rebounding pattern, with limited market space and risks. The market still pays more attention to thematic trading opportunities. The policy expectations of the two associations will be the main driving force for some time to come. The main line of new and old infrastructure is unchanged on investment opportunities. The strategy is more concerned about individual stocks and sector opportunities, pay attention to rhythm and position control. (Sino-Singapore Jingwei APP)
(The opinions in this article are for reference only, and do not constitute investment advice. Investment is risky and you need to be cautious when entering the market.)