Hold high! The securities sector rose more than 4%

Today, the three major indexes opened higher across the board, and the intraday GEM rose high to regain 2,000 points, and the market continued the strong pattern of small and medium-cap stocks last week.

(Data source: Straight flush)

Over the weekend, everyone discussed the statement of vigilance against bearishness, singing short, shorting, and hollowing out, and looking at the booming market, we can't help but think of the vocabulary in futures, shorting.

(Data source: Straight flush)

Among the industry sectors, media and securities led the way, with increases of 5.31% and 4.45% respectively, and there were no sectors that fell by more than 2%, and the market was positive as a whole. In the concept sector, e-paper and mobile games rose higher, with increases of 4.97% and 4.78% respectively. ①

The Hang Seng Index and the Nikkei Index also opened higher this morning, or were affected by the Federal Reserve's interest rate meeting.

The Fed decided to keep its key interest rate unchanged and paused interest rate hikes for the second time in a row. At present, the inflation level in the United States has fallen sharply, and the core PCE year-on-year data has fallen from 5.57% to 3.68%, which is close to the long-term target of around 2%.

The rise in the federal funds rate has slowed

(Data source: Wind, 2019.7-2023.11)

Once inflation moves closer to 2%, the Fed is expected to pivot to cutting interest rates. The move from no rate hike to rate cut means the beginning of easing, when global liquidity will improve, so funds are very positive about not raising interest rates this time.

This week's brokerage views seem to be very excited, all of which say that there is no need to be pessimistic, and the opportunity is coming.

(Data source: research reports of various brokerages, does not represent the official views of our company, please refer to it carefully)

Build a first-class investment bank

In recent years, it has become an important direction to encourage leading brokerages to become bigger and stronger. On November 3, the China Securities Regulatory Commission (CSRC) issued a statement that it will support leading securities firms to become better and stronger through business innovation, group operation, mergers and acquisitions, etc., to build a first-class investment bank, and play an important role in serving the main force of the real economy and maintaining the ballast stone of financial stability.

Today's large-cap brokerages performed strongly, echoing the news.

Compared with Western investment banks, mainland securities companies have more brokerage businesses such as securities trading, and their core business is not focused on risk-taking investments, and the volume is not at the same level.

The mainland is currently or is in need of the emergence of top investment banks.

On the one hand, the last wave of economic development relied on the currency generated by the commodification of land, and established a matching fund to support the operation of the economy in the past, but what will happen to the next wave?

Perhaps we can rely on the power of finance, investment banks can leverage financial leverage to leverage the development of the economy and benefit more real enterprises.

On the other hand, in the future, after the close integration of domestic and foreign markets, it is necessary to compete for market pricing power and discourse power. The emergence of large capital groups is not only a ballast stone for financial stability, but also qualified to carry out large-scale corps operations.

Now, perhaps, it is a historical opportunity for the birth of a great investment bank.

The market value of foreign investment banks is up to 400 billion US dollars, equivalent to nearly 3 trillion yuan, while the largest brokerage in the A-share market is only 260 billion yuan, a difference of about 10 times, and there is considerable room for catching up. If you have insight into the future trend of securities, you can pay attention to the securities ETF (512900). ②

Say a few more words

Many people have always been uninterested in finance and feel very empty. I don't understand the trading strategy, think that it is speculative, and the investment should not be held?

In the modern economy, when it is impossible to blatantly divide wealth, the equivalent trading of physical assets and virtual assets has become an upgraded version of the resource allocation method. At the level of the national economy, this kind of game between the virtual and the real has become a direct means to fight for interests.

The emergence of large domestic investment banks is a step for the mainland to build a financial power. How to deal with the big money game with foreign countries? There are skills in how to arrange troops and how to move thousands of pounds in four or two.

This is the necessity of financial and investment strategies, we do ETFs, we can flexibly use multiple strategies, this is our advantage.

Source: (1): Straight Flush (2): Wind

(Investment is risky, you need to be cautious when entering the market)