After the A-share boom, did you make your money back?
On March 11, the three major A-share stock indexes collectively opened higher, and the market rushed higher in the early trading and then fell slightly. In the afternoon, the three major A-share stock indexes began to oscillate at a high level, and once again rose slightly at the end of the day.
As of the close of the day, the Shanghai Composite Index rose 2.36% to 3,436.83 points, once again breaking above the 3400 mark; the Shenzhen Component Index rose 2.23% to 13,866.37 points; the ChiNext Index rose 2.61% to 2746.58 points.
On the disk, the concept of carbon neutrality broke out. Kaimet Gas, West China Energy, Huayin Power, Xichang Power, Huaneng Hydropower and other daily limit; cement and non-ferrous aluminum broke out strongly, Sinoma International, Tianshan, China Aluminum, The daily limit of Yunlu Aluminum, Tianshan Aluminum and others. In addition, only commercial department stores, textiles and garments, decoration, home appliances and other sectors saw smaller gains.
It is worth noting that the institutional stocks rebounded, with Zijin Pharmaceutical, Northern Rare Earths, Aier Ophthalmology, Arowana, and Ningde Times all rising by more than 5%. In addition, the liquor stocks also ushered in a recovery after experiencing successive setbacks. Kweichow Moutai soared nearly 4% to 2048 yuan per share, returning to above the 2,000-point mark.
Regarding the future trend of A shares, Jufeng Investment Consulting believes that the bull market pattern is still in place, but the overall bull market has ended. In the mid-to-late economic recovery and the current liquidity margin is tightening, the current bull market has entered the late stage when the Baotuan stocks are concentrated. There is still a basis for the index to continue to rise, but more attention should be paid to the specific configuration.
In addition, CICC issued a research report that once again reiterated that it is fully optimistic about the performance of A/H banking stocks. The industry itself is at the starting point of performance/valuation reversal. Macro interest rates and the regulatory environment are also good for industry performance. Look forward 1~4 In the last quarter, A/H Bank has about 39/45% upside potential, and H>A.