On December 24, the Prev index fell in early trading, and the gem index fell nearly 2%. On the market, the pharmaceutical-related plate rose collectively, the traditional Chinese medicine plate led the rise, and Red Sun Pharmaceutical 20CM rose by the daily limit. Food processing plate shock strong, tasteless food limit. Lithium battery-related sectors fell across the board today, with Ningde down more than 7%. High-level stocks are seriously differentiated, Roman shares, Long John Pharmaceutical Co., Ltd. rose 3 times, converging green ecology, products ring can fall to the limit. In addition, the sky board was staged in the impression of Sanxiang. On the whole, stocks fell more than rose less, and more than 3300 stocks fell. The half-day turnover on the Shanghai and Shenzhen stock markets reached 733 billion yuan, 74.2 billion lower than that of yesterday morning, and the market showed a drop in volume in early trading.
By the midday close, the Prev index was down 0.38%, the Shenzhen index was down 0.74%, and the gem index was down 1.81%. Northbound Capital is closed today because of the Christmas holiday.
On the news side, recently, the China Merchants Securities Liquor Index Fund issued an announcement that since December 21, the purchase and conversion business limits of An and C shares of China Merchants Securities Liquor Index Fund have been adjusted to 200000 yuan and 100000 yuan respectively. On October 30th, China Merchants Fund announced that it would adjust the contents of the China Merchants China Securities Liquor Index Fund (LOF) from suspending large purchases (including regular fixed investment) and switching to business. Among them, the upper limit of category A share is adjusted to 100000 yuan, and the ceiling of category C share is adjusted to 5000 yuan.
China Merchants Zhong Zheng Liquor Index Fund is this year's "Internet celebrity" fund, even in the context of the continuous adjustment of the liquor index, the fund still continues to get the attention of the people. According to the semi-annual report of the Fund, as of the end of June, the number of holders of China Merchants Certificate Liquor Index A was 9.849 million, and the number of holders of China Merchants Certificate Liquor Index C was 405100, with a total of more than 10 million households.
In terms of the future, Soochow Securities mentioned that the current market rebound is divided, and the intensity and height of the rebound need to pay close attention to whether the recent major index can break through the upper moving average, and if the upper selling pressure is high, it may return to the downward channel. From an operational point of view, investors can maintain a low position to wait and see mainly, the recent low position to participate in the hot spot rotation of the market, waiting for the market to effectively stabilize and then gradually increase the position.
Oriental Securities said that in the short term, the index continued to rebound after a continuous decline, but it was still subject to the upper pressure, the market could not appear the leading plate that continued to rise, and did not rule out the possibility that the stock index would decline again after rising. The probability of the stock index maintaining range volatility is high. Under the premise of the overall ample market liquidity, the market short-term trading opportunities gradually increase, we can actively pay attention to meta-universe, green power, environmental protection and other subject stock opportunities.
On the macro side, Wanlian Securities said that the structural bright spots are worth paying attention to.
The main results are as follows: 1) China's economy is facing the problem of insufficient effective demand, and the weakening of economic fundamentals will lead to the increase of corporate profit pressure and the decline of ROE. It is expected that the overall profit growth of A-share enterprises will continue to slow down and the upstream and downstream performance will be differentiated. Excluding finance, the net profit growth rate of all A-share companies may drop to the single-digit level, and the performance of small and medium-sized entrepreneurs is slightly better than that of blue chips.
2) the liquidity environment is improving as a whole, and incremental funds continue to enter the market. Monetary policy is generally stable, loose and beneficial to the equity market. The tone of "housing speculation" will not change, the net value transformation of bank financial management, and the attractiveness of A-shares will be enhanced under the rising risks in overseas stock markets, and individual investors, financial institutions and foreign investors will continue to allocate A-shares.
3) the probability of large fluctuations in the macro policy environment in 2022 is low, but under the background of the slowdown of economic growth momentum, the deepening of economic structural adjustment, the marginal relaxation of macro policies, and the accelerated introduction of industrial policies, focusing on several key races is still the main logic of institutional allocation, and you still need to select sub-areas if you want to obtain excess returns.