It rebounded again, but the transaction amount failed to be effectively enlarged and also shrank, and the market is still buzzing. So far, this week’s GEM index rose 2.16%.

According to the adjustment of the previous trading day, the A-share market opened low on December 25, and liquor stocks continued to pull back sharply. The capital shortage did not appear to be loose at the end of the year Put pressure on financial stocks, and the sharp decline of banks and insurance stocks suppressed stock indexes. However, power and gas stocks have strengthened significantly due to the winter heating peak and the strong demand for electricity in many places in the south. The stabilization of bulk commodities has boosted the coal and non-ferrous sectors, and the securities brokerage stocks took the lead in launching the protection of the stock market. grow rapidly. In the afternoon, the Shanghai and Shenzhen stock markets maintained a high and volatile pattern, and finally closed sharply higher, but the transaction amount has shrunk. until the close of December 25, the Shanghai Stock Exchange Composite Index It rose 0.99% to 3,396.56 points; the Science and Technology 50 Index rose 0.13% to 1,349.79 points; the Shenzhen Component Index rose 0.73% to 1,417.06 points; the ChiNext Index rose 0.71% to 2,840.8 points.

So far this week, the Shanghai Composite Index rose 0.05%, the Science and Technology 50 Index fell 0.83%, the Shenzhen Component Index rose 1.18%, and the ChiNext Index rose 2.16%.

On December 25, the Shanghai and Shenzhen stock exchanges totaled 793.8 billion yuan, a decrease of 32.3 billion yuan from the 826.1 billion yuan in the previous trading day. Among them, the Shanghai stock market turnover was 359.1 billion yuan, a decrease of 4.2 billion yuan from 363.3 billion yuan on the previous trading day, and the Shenzhen stock market turnover was 434.7 billion yuan.

A total of 95 stocks in Shanghai and Shenzhen stock markets rose by more than 9%, and 26 stocks fell by more than 9%.

The Shanghai-Shenzhen-Hong Kong Stock Connect is suspended due to the suspension of Hong Kong stocks on Christmas Day.

Power stocks set off a wave of daily limit

In terms of sectors, power stocks have set off a wave of daily limit due to demand. Solar energy (000591), Yuneng Holdings (001896) ), Shenzhen Energy (000027), Energy Saving Wind Power (601016), Ganneng (000899), Leshan Power (600644) and more than 10 stocks have their daily limit.

The gas sector also performed well, with Guoxin Energy (600617), Datong Gas (000593), Xintian Green Energy (600956), Nanjing Public (000421), Changchun Gas (600333) ) Wait for the daily limit.

The liquor sector bottomed out and rebounded. The liquor index fell more than 4% in early trading. Kweichow Moutai (600519) and Wuliangye (000858) all turned red, but the highland barley wine ( 002646), Jinhui Wine (603919), Laobaigan Wine (600559), etc. fell more than 5%.

Agriculture, forestry, animal husbandry and fishery sectors fell the most, Western Animal Husbandry (300106) fell to the limit, Guolian Aquatic Products (300094), Honghui Fruits and Vegetables (603336), Tianshan Biology (300313), Great Lakes (600257) and others fell more than 5%.

The Shanghai stock index is still fluctuating in the 3200-3500 point range

Guotai Junan believes that the index is fluctuating in the range, and the Shanghai stock index is still fluctuating in the 3200-3500 point range. There is limited up and down space at the index level. The market is dominated by structural opportunities, and a trend-oriented sector strategy can be adopted when the index falls. The current market opportunities are mainly concentrated in the core assets of advantageous industries. The China Securities Regulatory Commission clearly pointed out that it is necessary to promote the conversion of household savings to investment and vigorously develop public funds. Combined with the previous new delisting regulations, the policy signal is very obvious. The market is polarized, and the trend of the strong will become stronger. Need to pay attention to the performance of the industry’s leading white horse. In terms of sectors, it is recommended to continue to focus on industries such as new energy vehicles, lithium batteries, and photovoltaics, as well as resource products that benefit from global monetary easing and inflation expectations, such as the non-ferrous metals sector.

Yuekai Securities believes that the recent market rotation has accelerated, and the differentiation is also more obvious. The specific reason is that there are many important meetings at the end of the year and good news is frequently released. Greater impact. Second, affected by overseas uncertainties, short-term market sentiment has fluctuated, affecting overall risk appetite. Third, as the valuations of popular sectors have risen, funds have diverged on the follow-up trend of related sectors, which further intensified market volatility. In the medium term, based on the fundamental expectations, despite short-term market disturbances, the overall upward trend still exists, and the spring market is still on the way. In terms of the allocation direction, investors can plan ahead for next year’s market and prioritize investment opportunities in advanced manufacturing, new energy and procyclical sectors.

GuoshengSecurities believes that considering the approach of the new year, some investors may choose to hold the currency and wait and see. Before the index formed an effective breakthrough, the market was still viewed as range fluctuations, and the opportunities were still mainly structural. Operationally, the index is lighter than the individual stocks. Pay attention to the procyclical sectors with clear expectations of global economic recovery under the weak dollar cycle, which may become the main line for a period of time in the future, non-ferrous metals and basic chemicals; pay attention to the independent innovation that the Central Economic Work Conference focuses on. Consumer electronics, semiconductors and network applications that are increasing due to economic recovery; pay attention to the increasing impact of the epidemic, as the epidemic, vaccines popularize anti-epidemic materials, and vaccine industry chain related companies. Pay attention to the opportunities in the military sector for geopolitics and market risk appetite restoration.