[Pre market pre judgment verification] When looking forward to the market in 2023, I pointed out that there will be several band markets for A-share. First of all, there will be a rebound after New Year's Day, with the goal that the entrepreneurship and innovation index (including the GEM and the science and technology innovation board) will reach the 60 day line. The first wave of market this year has begun. Today will continue the rebound launched yesterday. In the session, we will observe whether the trading volume continues to expand. If the trading volume fails to keep pace, we will still prevent shock and differentiation.
From today, there are 3 trading days in this week, and only 12 trading days from New Year's Day to the Spring Festival. Don't expect big market during this period, because the annual line is still falling fast, which puts great pressure on the market. It is difficult to break through the annual line before the Spring Festival without scaling up to the "trillion" level—— 1.4 Ma Qian Pao: The First Wave of Market This Year Has Started
[Today's trend] On January 4 (Wednesday), the market fluctuated and divided throughout the day. The Shanghai Stock Index continued to rebound, recording three consecutive positive days. The GEM index adjusted to close the cross star. By the end of the day, the Shanghai Composite Index had risen 0.22%, the Shenzhen Composite Index had fallen 0.2%, and the GEM Index had fallen 0.9%. The turnover of the two markets was 783.7 billion yuan, a decrease of 5.1 billion yuan from the previous trading day's 788.8 billion yuan. On the basis of 30.6% of yesterday's volume, today's volume has shrunk by 0.6%.
In terms of sectors, kitchen and bathroom appliances, paper making, real estate, state-owned assets cloud and other sectors were among the top gainers, while new crown specific drugs, small metals, coal, TOPCON batteries and other sectors were among the top losers. Individual stocks rose more than fell, and more than 2700 individual stocks in the two markets rose.
【 Funds 】 After 30% of the first day after the festival, the volume of the two cities was basically flat today. Due to the "mask" and the Spring Festival, it is difficult for the turnover to recover to "trillion".
Wind data shows that the northbound capital bought 1.844 billion yuan in the whole day, including 338 million yuan from Shanghai Stock Connect and 1.506 billion yuan from Shenzhen Stock Connect.
Level-2 data shows that the main capital outflow of Shanghai and Shenzhen stock markets today is 16.87 billion yuan, of which the main capital outflow of Shanghai stock market is 5.57 billion yuan, and the main capital outflow of Shenzhen stock market is 11.3 billion yuan. Outflow of large orders is still more than inflow.
The main sectors with the largest net inflow of funds are real estate development, non-metallic materials, banks, decoration materials and insurance; The main sectors with the largest net outflow of capital are photovoltaic equipment, batteries, consumer electronics, cultural media and traditional Chinese medicine.
[Future view] Today, due to the collective rebound of large financial stocks (Ping An Bank, Bank of Ningbo, Xinhua Insurance, China Pacific Insurance, etc.), the Shanghai Stock Exchange 50 Index strengthened. The Shanghai Stock Exchange 50 is also a heavyweight stock of the Shanghai Stock Exchange Index, so today the Shanghai Stock Exchange Index continued to rebound, but it did not break the 30 day line pressure level.
Due to the pressure level of Binglin on the 60 day line and the inability to keep up with the trading volume, today's mass entrepreneurship and innovation index (including the GEM and the science and technology innovation board) is subject to shock adjustment. The market target after New Year's Day has not been reached this time, so after the adjustment, it will repeatedly hit the 60 day line.
[Market opportunities] In the "Ma Qian Pao" at 8:00 this morning, I pointed out that market opportunities are mainly concentrated in the digital economy related sectors, mainly because the recent news is good for the digital economy: first, the Shanghai Data Exchange is officially operating today; Second, the National Development and Reform Commission proposed to accelerate the construction of a basic system of data with Chinese characteristics to promote all people to share the dividends of digital economy development. Judging from today's market performance, digital economy concept stocks continued to be active, led by state-owned assets cloud. Nantian Information, Shensangda A, Gan Consulting and other trading limits. There are still opportunities in this sector before the Spring Festival.
In addition, today's real estate and industry chain related sectors are also strengthened by the positive stimulus, with more than 10 shares of New Town Holdings, Zhongnan Construction, Shuaifeng Electrical Appliances, Mona Lisa, Zhibang Home Appliances and others rising by the limit. Pharmaceutical stocks were in a correction today. Track stocks such as photovoltaic energy storage weakened in the afternoon. However, these two aspects are still opportunities for bargain hunting.
