On December 5, the Shanghai Composite Index opened higher and closed higher and , and rose unilaterally intraday, with a sharp rise of nearly 2% and recovered 3200 points. The Shenzhen Component Index also rose by nearly 1%, and the ChiNext Index was relatively weak. The turnover of in the two markets exceeded one trillion yuan, and northbound funds net bought nearly 6 billion yuan.
As of the close, the Shanghai Composite Index rose 1.76% to 3211.81 points, the Shenzhen Component Index rose 0.92% to 11323.34 points, and the ChiNext Index fell 0.26% to 2377.11 points; the two markets had a total turnover of 1055.1 billion yuan, and northbound funds had a net purchase of 5.893 billion yuan.
Shanghai Index recovered 3200 points
The first two weeks, every Monday A shares opened lower . Today, A shares broke this situation!
Shenzhen state-owned enterprise reform sector multiple stocks hit the daily limit .
The airport shipping sector rebounded strongly.
Big finance broke out again, with insurance, trust, futures , securities , and banks collectively rising, and Guolian Securities , AVIC Industrial Finance, Wugang Capital and other stocks hit the daily limit.
"Chinese""""""""""""""""""""""""""""""""""""""""" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" ("" (")" (")" (")" (")" (")" (")" (")" (")" (")" (")" (")" (")" ("
Recently, Shanghai Stock Exchange and Shenzhen Stock Exchange have formulated a new round of "Three-Year Action Plan for Promoting Improving the Quality of Listed Companies in Shanghai", "Three-Year Action Plan for Comprehensive Services of Central Enterprises" and "Implementing the "Three-Year Action Plan for Promoting the Quality of Listed Companies (2022-2025)" Work Plan". Hong Kong stock climbed strongly throughout the day, Hang Seng Index closed up 4.51% at 19518.29 points, setting a new high since September 2; Hang Seng Technology Index rose 9.27% to 4238.2 points, and Hang Seng State-owned Enterprise Index rose 5.3% to 6706.29 points. The market traded HK$222.981 billion, and the southbound funds were sold for a net sale of HK$1.418 billion. Technology, medicine, big consumption, real estate, new energy vehicle sector gained , Internet medical stocks exploded, Alibaba Health rose nearly 20%, leading blue chip , and Ping An Good Doctor rose nearly 38%. Technology leaders generally rose, with Alibaba rising by more than 9%, and Tencent rising by more than 6%. The internal housing and property management stocks rose again, with Longfor Group rising by more than 17%, and Country Garden rising by nearly 9%.
CICC's latest strategy says that the most difficult times for Hong Kong stocks may gradually pass. The "triple pressure" that suppresses the Hong Kong stock market, namely risk-free interest rates, corporate profits and risk premium , have all improved recently. In terms of domestic growth, the optimization of epidemic prevention and control policies and the new policy of real estate financing have increased the possibility of improvement and repair of China's economic growth; overseas, the Federal Reserve recently suggested that it will slow down the pace of hiking interest rates, suppressing the 10-year US bond interest rates and the US dollar;
In addition, the geopolitical situation is also expected to gradually stabilize, helping to alleviate the market's previous risk premiums.
China Merchants Securities analyzed that in December 2022, A-shares are expected to continue their previous upward trend. The economy is currently facing new downward pressure. Central Economic Work Conference is about to be held. The prudent monetary policy is beginning to be more powerful. stable growth policy is further increasing. The policy of precise epidemic prevention and control is more powerful, and the market's expectations for future improvement of the epidemic are increasing. External liquidity has improved, and the RMB has steadily appreciated against the US dollar. Domestic, due to the reduction of cost pressure and the increasing intensity of stable growth in the future, the probability of profit bottoming out and rebounding after entering the third quarter is high.
It is expected that the Central Economic Work Conference will have clearer measures to stabilize economic growth in December, and more clear measures will be taken in stabilizing real estate, traditional infrastructure, medical infrastructure, and digital new infrastructure.At the level of epidemic prevention and control, more specific arrangements are expected to further increase the market's expectations for the impact of China's economy coming out of the epidemic next year
new crown detection concept stock adjustment
As many places announced that they would not watch nucleic acid testing , and only looked at the green code, the new crown detection concept stock collapsed today.
In addition, the track stock Sungrow Power Supply also collapsed. The news was last night. The latest exchange of Sungrow Power significantly lowered its shipment guidelines: this year, the shipment of household energy storage was reduced from 100,000 units to 60,000 units, hybrid energy storage inverters were reduced from 200,000 units to 120,000 units, and next year, the household energy storage was reduced from 500,000 to 300,000 to 350,000 units, and energy storage inverters were reduced from 1 million units. The company said that the shipment guidance was mainly due to the downward trend in the European economy and the shortage of installation workers. The conflict between Russia and Ukraine is about to end. Therefore, it is worried about demand for next year
RMB rose above 6.95
On December 5, the offshore RMB rose continuously against the US dollar and broke through 7.0, and the 6.95 mark, rising nearly 700 points in the day, continuing to hit a new high since September 13. Onshore RMB is close to the 6.95 mark against the US dollar.
Mingming, chief economist of CITIC Securities , believes that the current low point of the RMB spot exchange rate against the US dollar may have been confirmed, and the probability of the RMB exchange rate maintaining a wide fluctuation in the short term is relatively high. In the long run, the future RMB exchange rate valuation performance will gradually be dominated by the steady growth of the domestic economy fundamental .
Source: China Fund News, First Financial News, China Securities News
