Li Zhilin - Advice: New policies on real estate have been introduced to push the market up and down, and new quality productivity has helped the market to a higher level

New policies on real estate have been introduced to push up and down, and new quality productivity has helped the market to a higher level

Today's message:

[The three major US stock indexes ended up and down in a mixed manner, with metal and mining sectors leading the gainers] On the night of last Friday, the three major indexes of the US stock market ended up and down at different levels. The Dow rose 0.35% to 40000 points, with a weekly cumulative increase of 1.24%; The NASDAQ fell 0.07% and rose 2.11% for the week; The S&P 500 index rose 0.12%, with a weekly cumulative gain of 1.54%. Popular technology stocks were mixed, with Nvidia down nearly 2% and Tesla, Google and AMD up more than 1%. Precious metals, industrial metals and mining sectors were among the top gainers; Semiconductor and solar energy sectors declined.

[Unprecedented efforts! The central bank "launched four arrows" to stabilize the property market] The Central Bank and the State Administration of Financial Supervision and Administration issued a notice on the 17th. The notice proposed that for households who purchase commercial housing with loans, the minimum down payment ratio of commercial individual housing loans for the first housing should be adjusted to not less than 15%, and the minimum down payment ratio of commercial individual housing loans for the second housing should be adjusted to not less than 25%. From May 18, the interest rate of individual housing provident fund loan was lowered by 0.25%. The lower limit of interest rate policy for commercial individual housing loans for the first and second homes nationwide will be abolished.

[LPR quotation in May: 1-year and 5-year interest rates remain unchanged] In May, the loan market quoted rate (LPR) was quoted, and the one-year LPR was 3.45%, compared with 3.45% last month; LPR over 5 years was 3.95%, compared with 3.95% last month.

[The financing balance of the two cities decreased by 4.529 billion yuan] As of May 17, the financing balance of Shanghai Stock Exchange was 79.177 billion yuan, 3.355 billion yuan less than the previous trading day; The financing balance of Shenzhen Stock Exchange reported 702.257 billion yuan, down 1.174 billion yuan from the previous trading day; The two cities totaled 1493.434 billion yuan, a decrease of 4.529 billion yuan from the previous trading day.

This morning, the market opened at 2: 3156, bottomed at 3155, rose to 3174, and closed at 3166 before noon. Shanghai Stock Exchange 50, Shanghai Shenzhen 300, Shanghai Stock Exchange Index, Shenzhen Composite Index, GEM, CSI 500, CSI 1000 rose 0.31%, 0.21%, 0.38%, 0.10%, 0.21%, 0.27%, 0.30%, and the Science and Technology Innovation Board fell 0.21%. The rise/fall ratio of individual stocks is 2506:2593, and the rise/fall limit ratio is 49:6. The half day turnover of the two markets was 654.6 billion yuan, 142.1 billion yuan higher than the previous trading day.

At the weekend, the most powerful combination of new real estate policies was released, which played a positive role in stabilizing the housing market, the stock market and the economy. However, A-share has always seen a good habit of shipping. This morning, it still copied the rising and falling trend of real estate stocks, but it rebounded before noon.

In the morning, the obvious rising trend was as follows: first, core asset stocks. Last week, funds from the north bought a large number of core asset stocks, with a net inflow of 9 billion yuan. The net inflow of funds from Beishang was 72 billion yuan from January to March, and 45.1 billion yuan from April, which was three times that of last year. However, in the morning, the four major ETFs and the four major bank stocks were all rising and falling, and the funds from the north were also suspected of selling at a high price and attracting at a low price. Second, the new quality productivity concept stocks rebounded strongly, such as China Software, Taiji Shares, etc.

The market fell from the highest 3174 points to 3159 points, and closed at 3166 points before noon, making the market reach a new high, breaking through the starting point of the important meeting held on July 24 last year, 3164 points, and hitting a new rebound high. In particular, the trading volume in the morning was 142.1 billion yuan larger than the previous day, and the volume price coordination was ideal.

In the morning, the market was clearly in a tripartite pattern: core asset stocks with the concept of high differentiation; Second, policy oriented stocks, such as real estate, still have a number of real estate stocks up and down; Next is the concept stock of new quality productivity. In my opinion, the new quality productivity concept stock is the main driving force to promote the overall market to rise steadily. Just as the US stock market broke through 40000 points by relying on the seven high-tech stocks, such as Nvidia, the real hope for A-share to get better is in the new quality productivity, and the mainstream hot spot should undoubtedly be high-tech stocks represented by the new quality productivity. If the "three feet" are reasonable, it is only a matter of time before the market breaks through 3200 points.

Attention in the afternoon: can the lower part of the market close above 3150? Can the top be closed above 3170? Can the four ETFs and four bank stocks of the national team strengthen? Can the new quality productivity concept stocks work? Can the real estate sector rebound? 2506:2593 Can the situation of individual stocks falling more than rising less change? Can the turnover reach trillions?