Zheng's eyes look at the market: benefit the amount of A -share rebound can be lacking

On Monday (July 18), A shares rebounded significantly. As of the close, the Shanghai Composite Index rose 1.55%to 3278.10 points, and the remaining stock indexes rose differently. The financial and real estate sectors have rebounded one after another, which has played a great role in stabilizing the stock index.

A message from the CBRC may laid the foundation for the rebound on Monday. The person in charge of the relevant departments of the CBRC said late at night about the topics related to commercial banks that have received much attention in the near future. It stated that it will dispose of the risks of 5 villages and towns in Anhui, Henan, and will start the work of more than 50,000 yuan in customers; every effort will be made to promote the "insurance delivery building".

Another news also pushed a wave of rebounds. This is the normal state of the central bank, which has continued to "small step repurchase" since July, and launched 9 billion yuan through rebates on Tuesday. The capital aspect is slightly wider, which is of course conducive to all the real economy including the property market.

Affected by the above two messages, most bank stocks and real estate stocks rose on Monday, of which real estate stocks increased relatively. The weight of bank stocks and real estate stocks is very large. When such stocks rose, the stock indexes are easier to stop and rebound.

Over the years, the earnings of bank stocks and real estate stock market have always been low. To some extent, the market has been included in the potential of its asset quality. When some negative news appeared in banks and real estate, their price -earnings ratio will become at this time. Low low, so as long as the news surface has not been bad, the shorts may also have risks. Investors should not chase high when operating such stocks, and do not expect too much.

The remaining stocks are also dominated by rising, of which the rise in environmental protection, energy storage, and automotive industry chain is relatively obvious. The rise in environmental protection stocks is related to a news. This is the "Wuhan North Lake Sewage Treatment Plant Differential Photovoltaic Power Power Project" that has been built in China at one time.

The net inflow of Northern Fund on Monday was 3.552 billion yuan. In other markets, US stocks rose sharply last Friday, Hong Kong stocks also rose sharply this Monday, the Hang Seng Index rose 2.63%, and the Hang Seng Technology Index rose 4.37%. The Fed will convene interest rate meetings next week. Judging from various news and views, the Fed may still raise interest rates of 75 basis points this time, and it will not increase 100 basis points in interest rate hikes for the time being. From the perspective of the US dollar, there was some softening last Friday and this Monday, and the euro rebounded significantly and returned to 1.00.

Although the broader market rebounds, the amount is not enough, which means that some of the factors in the rise are "cherished". The reason for the sale is of course obvious, that is, the relevant favorable news of the above finance and real estate.

For the lack of rising amounts of coordination, you may have to observe another time to see if the rebound can continue and whether the volume can make up. If the stock index fell into a stage of stagnation again, it is not ruled out that the possibility of falling again or two after rebounding.

However, I personally feel that even if the current stock index is not moving, it will not fall too much, and it will be even more likely in the background of the central bank's slightly loose. In other words, although the current market is under adjustment, the adjustment strength is limited.

If investors also believe that the broader market is relatively stable, then such a city road can generally pay more attention to individual stocks and dilute the stock index moderately. At present, it is the interim reporting period, which is also the reason for focusing on individual stocks.

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