Cautious mood rises, main funding may exceed 11 billion


Cautious mood rises, main funding may exceed 11 billion
Reporter Wu Yuhua On Friday, the two cities fluctuated, cautiously lingered in the market, and the main funds once again appeared in the net value phenomenon. The data showed that the net value of the main funds could replace 113 on Friday.USD 1.1 billion, showing a net decrease for three consecutive trading days, but according to the previous two trading days, the net payment of main funds decreased.  Analysts said that the conversion of the stock index went down, the trading volume continued to increase, the lethality has weakened, and then market sentiment will enter a stage 南京夜网论坛 of gradual recovery.  Prudent sentiment lingers in the two cities continue to adjust, the sentiment of funds is still cautious, Choice data shows that on May 24, the main fund net replacement 113.1.1 billion US dollars, while the previous trading day, the main funds were net exchanged to 296.In contrast, the sentiment of funds remained cautious on the 24th, but the selling intensity eased. At the same time, the number of stocks with a net inflow of main funds reached 1,150, a significant increase from the 746 on the previous trading day.In terms of sectors, the main funds of small and medium-sized boards are net replacements of 27.The net capital of GEM’s main funds decreased by US $ 3.7 billion.110,000 yuan, Shanghai and Shenzhen 300 main funds net 10 net replacement.1.7 billion.  From the perspective of industry funds, on the 24th, of the 28 industries in the Shenwan Tier 1 industry, there were still 5 industries with a net inflow of main funds. Among them, the net inflow of main funds of the household appliances, automobiles, and food and beverage industries ranked first, and net inflows respectively3.1.4 billion, 2.2.5 billion, 1.4.2 billion yuan.Among the 23 industries with net capital, the electronics, computer, agriculture, forestry, animal husbandry, and fishery industries have net capital that ranks the top, and each net replaces 23.1.6 billion, 18.2.9 billion, 11.4 billion.It can be seen that the technology sector that has performed in the past few trading days suffered a clear replacement of main funds last Friday.  The market continues to adjust, cautious mood lingers on the market, and the difficulty of the game continues to increase, but for the current market, New Era Securities said that this adjustment is a major break in the early stages of the bull market and will not change the bear-to-bull pattern.In terms of magnitude, it is sufficient, but it may not be enough in time, so the market will still be in a state of rest in the future, but the speed may be slower, and it may not even rule out shock rest.Beginning in the third quarter, the market will re-enter the growth trend.  Consumption stocks are concerned. In the case of still cautious funding sentiment, from the perspective of individual stocks, Choice data shows that the top ten stocks with the main net inflows on the 24th were People’s Daily, Aoma, Guizhou Maotai, and Kerong Environment (Rights protection)), Royal Bank, Midea Group, Yunda Shares, Wangsu Technology, Gree Electric Appliances, Houpu Shares, and the main capital inflows exceeded 100 million US dollars, of which the main capital inflows of People’s Daily and Aoma Electric exceeded 200 million.yuan.It can be seen that among the main stocks before the net inflow of residential stocks, the home appliance sector has a large number of stocks, and the consumer sector has maintained a part of the adjustment. Last Friday, the Shenwan Household Appliances Index increased by 0.47%.  For the home appliance industry, Shen Wan Hongyuan Securities said that from a macro perspective, the home appliance industry welcomes favorable policies in 2019, a new round of home appliance subsidies will be launched (accelerating the destocking of the industry), and the replacement tax rate will be reduced from 16% to 13% (April)Officially implemented on the 1st). Despite the recent external factors affecting the upgrade, the impact on the home appliance industry is relatively limited; in the meso-scale, the prices of upstream raw materials have begun to fall again, and the recovery of downstream land transactions has driven demand to improve; micron-level, air-conditioning volume-side data exceeded expectationsThe growth performance of leading companies is highly certain, and subsequent stimulus policies for home appliances are expected to continue to ferment.  Huatai Securities Terrorism also said that in the short term, the economic situation is picking up, and it is estimated that it will be relatively matched. Consumer chips with counterbalance attributes are still precious. At the same time, the progress of the June interest rate environment, the science and technology board and the 5G technology cycle are expected to provide time windows for growth stocksIt is recommended to seize the opportunity of technology growth to get on board and actively deploy policy support to enhance greater technology hard assets.