A shares rebounded for 2 consecutive months, and the northern direction funds were bought for 6 consecutive weeks.

Author:Securities daily Time:2022.07.11

Our reporter Zhang Ying this week, the global stock market has shocked and rebounded, and the futures prices of crude oil, gold and non -ferrous metals have fallen. The A -share market shows a strong shock pattern, and the northbound capital has been realized for 6 consecutive weeks. After two months of rebound, can the A -share market continue to rise? What are the investment opportunities? People in the industry generally believe that the current A -share market is still on the rise. CITIC Securities believes that in July, A shares are in the second stage of this round of market. Policy co -promotion is expected to repair the driving valuation. Rotation of the sector is recommended to maintain a balanced allocation in consumption, growth manufacturing and medicine. Guosheng Securities believes that, under the disturbance of factors such as the expected heating up and the decline in commodity prices, the major indexes in the A -share market maintain a strong sideways. The two cities continued to rebound for more than 2 months, the multi -head structure was obvious, and there were no obvious adjustment signals. After the Shanghai Index continues to survive, the annual and semi -annual line shocks. This is the digestion of short -term gains, and at the same time, it also storage for continuing upward trends. The current market is on the upward trend, and the platform is organized. As long as the upward trend is not destroyed, adjustment is an opportunity. It is recommended to pay attention to the rotation opportunities of the lithium battery, photovoltaic, and automotive sectors of high boom circuit, rotation opportunities for high and low switching and subdivided theme switching, low -level and cost -effective pharmaceutical sectors, and better stock opportunities for half -year reports. Northeast Securities pointed out that the short -term market continues to be in the fluctuation of the weak repair of profitability. The core variables are the performance of the interim report and the recovery of institutional funds, focusing on performance and oversold repair. First, the interim performance is good and the institutional preference perspective: The performance of the interim reporter is better and the growth of institutional preferences (including cycle growth), such as military industry, non -ferrous, chemical, medicine and other focus. Second, the perspective of over -decline repair: Computers (government procurement), media (Yuan universe, games, etc.), travel consumptions (tourism, hotels, aviation, tax exemption, etc.), which have benefited from government procurement, relaxation, and post -epidemic repairs Essence Third, policy -oriented perspectives: Stable growth policy -oriented construction materials, building materials and electricity equipment related to new and old infrastructures, consumer -stimulating car and home appliances are also worthy of attention. Agreement of the market this week 1. The A-share market of the stock market: this week (July 4-8, the same below), the A-share fluctuation and differentiation, and the three major stock indexes have risen. The cumulative decline of the Shanghai Stock Exchange Index reached 0.93%to 3356.08 points; the cumulative period of the Shenzhen Stock Exchange Index fell 0.03%to 12857.13 points; the GEM refers to the cumulative increase of 1.28%, at 2817.64 points. In terms of funds, the cumulative net purchase amount of Northbound funds this week reached 3.56 billion yuan, which was purchased for 6 consecutive weeks. From the perspective of the previous ten major transactions, this week, four stocks including Tianqi Lithium, Ningde Times, Moutai, Guizhou, and China, and the net purchase amount of funds northbound exceeded 1 billion yuan. In addition, the amount of stocks such as pilot smart, Ganfeng lithium industry, and Mingyang Smart have been sold in the northbound capital of more than 1 billion yuan. Table: This week (July 4th-8th), the top ten transaction active stock transactions in the Shanghai and Shenzhen Stock Connect: Table: From the perspective of Zhang Ying's in the industry, 11 industries have achieved rising. Among them, the first 6.63%increase in the agricultural, forestry, animal husbandry and fishing industry, followed by industry indexes such as public utilities (3.19%) and power equipment (2.51%), with a total of over 2%. In addition, the cumulative declines of industries such as construction materials and real estate have exceeded 4%. At the same time, statistics show that next week (July 11-15) will face a lifting of the ban, with a total lifting of 2.227 billion shares. Based on the latest closing price, the total market value is 46.748 billion yuan. From the perspective of the market value of the ban on the ban, the amount of stocks such as Washinga Gene (10.34 billion yuan), the development of aerospace (3.71 billion yuan), and China Molten Electric (3.467 billion yuan) will exceed 3 billion yuan. Hong Kong stock market: On Friday, the Hong Kong stock market fluctuated slightly. The Hang Seng Index closed up 0.38%at 21725.78 points, a weekly decrease of 0.61%; the Hang Seng Technology Index rose 0.59%to 4808.47 points, a weekly decrease of 1.27%; Overseas markets: On Friday, the three major US stock indexes closed down, and the Dow fell 0.15%to 31338.15 points, the S & P 500 index fell 0.08%to 3899.38 points, and the NANAN index rose 0.12%to 11635.31 points. This week, the Dow rose by 0.77%, the S & P 500 index rose 1.94%, and the Nasda Index rose 4.56%. On Friday, the closing of the three major European stock indexes rose across the board, the German DAX index rose 1.34%to 13015.23 points, the French CAC40 index rose 0.44%to 6033.13 points, and the British FTSE 100 index rose 0.1%to 7196.24 points. This week, the German DAX index rose 1.58%, the French CAC index rose 1.72%, and the British FTSE 100 index rose 0.38%.

On Friday, the Asia -Pacific stock market's major stock index closed throughout the board, and the South Korean comprehensive index rose 0.7%to 2350.61 points, a cumulative increase of 1.97%this week, ending the surrounding consecutive declines; the Nikkei 225 index rose slightly by 0.1%, a weekly increase of 2.24%; The 200 index rose 0.45%at 6678.00 points, an increase of 2.11%week; the New Zealand NZX50 index rose 0.51%to 11169.24 points, an increase of 3.87%weekly. 2. On Friday on Friday, the narrow -range fluctuation of national bond futures rose and declined. The 10 -year main contract fell 0.04%. The 5 -year main contract was close to the reconciliation, and the 2 -year main contract rose 0.02%. From the perspective of the week, the 10 -year main contract fell 0.05%, the 5 -year main contract fell 0.14%, and the 2 -year main contract fell 0.09%. 3. On Friday, the intermediate price of the RMB against the US dollar was reported at 6.7098, raising 45 basis points, and a total of 235 basis points were adjusted this week. At the shore RMB against the US dollar at 16:30, it was reported to 6.7051, an increase of 22 basis points from the previous trading day, and 45 basis points were fell this week. 4. On Friday, the international oil prices rose across the board, and the US oil contract rose 2.01%to $ 104.80/barrel. The September contract rose by 2.39%to $ 107.15/barrel. This week, the contract in August fell by 3.35%, and the contract of cloth oil fell 4.01%in September. On Friday, international precious metal futures generally rose. COMEX gold futures rose 0.07%to $ 1740.9/ounce, and COMEX silver futures rose 0.24%to $ 19.235/ounce. This week, COMEX gold futures fell 3.36%, and COMEX silver futures fell 2.2%. On Friday, most of the basic metals in London closed down, LME copper fell 0.63%to $ 7773.5/ton, LME zinc fell 0.74%to $ 3087/ton, LME nickel rose 1.23%to US $ 21,800/ton, LME aluminum rose 0.04%to 2443.5 USD/ton, LME tin fell 3.33%at $ 25,120/ton, and LME lead fell 2.33%to 1925 US dollars/ton. This week, LME copper fell 3.41%, LME zinc rose 1.91%, LME nickel fell 0.11%, LME aluminum fell 0.02%, LME tin decreased by 5.74%, and LME lead declined 0.49%. Picture | Site Cool Hero Bao Map.com