Nearly 4000 individual stocks rose A share turnover returned to trillion yuan

◎ Reporter Sun Yue

On Friday, the three major A-share indexes rose sharply. As of the closing, the Shanghai Composite Index rose 1.17% to 3088.64; The Shenzhen Composite Index rose 2.15% to 9463.91; The GEM index rose 3.34% to 1823.74. The total turnover of Shanghai and Shenzhen stock markets was 1086.4 billion yuan, and the turnover returned to trillion yuan.

Nearly 4000 stocks in both cities rose. On the market, the brokerage sector rose sharply, Guosheng Financial Holding 、 Galaxy China 、 CICC Multi share trading limit; Precious metal plate showed strong performance, Western Gold 、 Hunan Gold Fluctuation limit; AI concept stocks rebounded, led by CPO and CALI, Zhongji Xuchuang 、 Xinyisheng Share prices have all hit a record high. On the downside, bank stocks fell into adjustment.

"Bannerman of Bull Market" Explodes Multiple Stock Limits

Yesterday, the "flag bearer of the bull market" brokerage sector soared, and Guosheng Financial Holding Zheshang Securities , China Galaxy, CICC, etc.

Market analysts believe that the strong performance of securities companies mainly benefits from the positive factors of the recent market. On the one hand, with the steady recovery of the domestic economy, the activity of the capital market continues to increase, and the securities business has been strongly supported; On the other hand, good news at the policy level also provided impetus for the rise of securities companies.

On the news side, on the evening of April 25, Guolian Securities The announcement said that it was planning to acquire the control right of Minsheng Securities and raise supporting funds by issuing A shares. This indicates that the restructuring and integration of the two securities companies mentioned above has entered a substantive stage.

On March 15 this year, the CSRC issued the Opinions on Strengthening the Supervision of Securities Companies and Public Funds and Accelerating the Construction of First class Investment Banks and Investment Institutions (for Trial Implementation), clearly supporting the merger and acquisition integration of the securities industry. Mergers and acquisitions of securities companies have become a hot topic of market attention, "Ping An+Founder"“ the pacific ocean +Four M&A events in the securities industry, including Huachuang "," Guolian+Minsheng "and" Zheshang+Guodu ", were highly concerned by the market.

　　 Shen Wanhongyuan He said that the current internal and external environment for M&A and restructuring in the securities industry is basically in place. Under the dual role of endogenous drive and policy orientation, M&A and integration among securities firms may speed up. The M&A and restructuring of securities companies will include four directions: solving the horizontal competition, the demand of regional characteristic securities companies to become bigger and stronger, the integration of state-owned assets with private securities companies, and the possibility of integration of securities companies under the same actual controller.

Suanli Concept Shares Lead Multiple Stocks to New High

AI concept stocks also rebounded strongly, with CPO and CALI leading the way, and the shares of Zhongji Xuchuang and New Eason both hit record highs.

On April 25, the Beijing Municipal Bureau of Economy and Information Technology and the Beijing Communications Administration jointly released the Beijing Computing Infrastructure Construction Implementation Plan (2024-2027). It is mentioned that the "small and scattered" situation of intelligent computing construction should be changed, and a batch of intelligent computing single large clusters should be built in a centralized way. By 2025, the supply scale of intelligent computing in Beijing will reach 45 EFLOPS. From 2025 to 2027, the layout of computing power should be further optimized according to the development needs of large artificial intelligence models and relevant national deployment. The functions of Beijing's computing power interconnection and operation service platform have gradually improved, and intelligent computing resource supply and demand scheduling has been highly coordinated.

Minsheng Securities said that the development of artificial intelligence is the trend of the times. Computing power has become the most clear direction, and the demand is expected to continue the high momentum. The domestic leading company in computing power has continuously improved its own ability, continuously polished its products, ecology and other aspects, and is expected to lead the rise of domestic AI computing power. At the same time, thanks to the accelerated development of artificial intelligence, the construction of computing power is expected to continue to upgrade, and the entire industrial chain is expected to benefit.

Institutions are optimistic about A-share fluctuation

Looking ahead, Everbright Securities He said that under the dual drive of fundamentals and policies, the A-share market is expected to rise in shock. After the financial reports such as the annual report and the first quarter report are fully disclosed, the recovery of fundamentals is expected to be further verified at the data level. In addition, the implementation of capital market related policies will also play a stabilizing role in market expectations and confidence.

　　 Haitong Securities It is believed that the disclosed data shows that the profit of A-share in the first quarter report has rebounded significantly, and the focus of the first quarter report may be the technology cycle, manufacturing and shipping, equipment update, bulk price rise, consumption repair or the structure. In the second quarter, A-share may be in the build-up stage, and in the medium term, the main focus is on China's advantageous manufacturing and hard technology.

In the view of Guosheng Securities, May has entered a performance vacuum period, and the market is expected to be driven by heavyweight stocks to make a breakthrough and enter the advantageous pattern of dancing between heavyweight stocks and theme stocks.

In terms of allocation, Guosheng Securities suggested that investors could focus on the blue chip direction represented by "Chinese prefix", with steel, non-silver, coal, non-ferrous metals and other sectors or relatively dominant. Growth and technology direction, focus on computing power, low altitude economy robot , Wensheng Video and other science and technology sectors.