Focus on the daily blockbuster news of the A-share market! Before reading the text, you must know one thing: there are not a few main funds that will be stupid enough to pull the stock price straight up to the limit as soon as the good news comes out, so please be patient and let the good fly for a while, maybe you will find different investment opportunities!
【Domestic and foreign financial news/A-share market】
Surprise 1: This week, equity ETFs have received large funds to increase their positions against the trend, with a cumulative net inflow of nearly 30 billion!
Event: On the 27th, a number of CSI 300 ETFs saw a significant increase in trading. Compared with the first three weeks of June, equity ETFs continued to receive large funds this week, with a cumulative net inflow of nearly 30 billion yuan, significantly ahead of the previous level. The number of fund shares of broad-based ETFs such as Huatai Pineapple CSI 300 ETF and E Fund CSI 300 ETF Initiator has also hit a record high since its inception.
Comments: Huatai Berry and E Fund CSI 300 ETF are the most important rescue channels for the national team, and the number of fund shares has hit a record high since its establishment, indicating that when the market fluctuated and fell this week, the national team continued to increase its positions, and it was buying more and more. However, the current strategy of the national team is still to only support and not lift, and the main purpose is to attract funds. When the chips are collected to a certain extent, it is estimated that they will make another move to force the protective disk!
Surprise 2: The central bank said that it will give full play to the role of the financial stability guarantee fund and firmly guard the bottom line of no systemic financial risks!
Event: Yesterday, the central bank issued a document stating that it should grasp the reasonable balance between economic growth, economic restructuring and financial risk prevention at the macro level, and grasp the relationship between power and responsibility, fast and stable, prevention and extinction in risk disposal work, effectively prevent and resolve financial risks, and firmly guard the bottom line of no systemic financial risks.
Comments: The central bank is the strongest backing of the mainland capital market, and it will not be an empty word to firmly guard the bottom line of no systemic financial risks. Recently, both the capital market and the exchange rate are in a very sensitive time, and the significance of the central bank's voice at this time is even more worthy of everyone's attention. If nothing else, the central bank will first stabilize the exchange rate, and the RMB exchange rate will not continue to depreciate, which can also reduce the pressure on foreign capital outflows. The next step is to release water to boost the real economy, and it is not excluded to cut the reserve requirement ratio and interest rates, so as to achieve the effect of curing the symptoms and curing the root cause!
Market prediction: The market has continued to weaken, and 4,700 shares fell again yesterday, and the closing battle in June may not be too good, and the probability of continuing to fall by inertia is greater. However, during this time, the national team has begun to enter the field to absorb chips, so the probability of a deep decline in the market is not large. Therefore, there is still a high probability that 5 poor 6 absolute 7 will turn over.
【Industry/Sector/Theme Concept Positive Comments】
Fierce material three: refrigerant is on the rise again, and the industrial chain is expected to enter a long boom cycle!
Event: The average price of refrigerant R134a this week was 30,000 yuan/ton, up 3.45% from last week; The average price of refrigerant R32 was 36,000 yuan/ton, up 5.88% from last week. In the third quarter, the director of the air-conditioning plant negotiated the order, and the manufacturer produced according to the quota, and the market supply was stable. In terms of raw materials, fluorite mining is limited, and the mainstream price of hydrofluoric acid market will continue to decline, and the cost side will fluctuate little.
Comments: The news is good for the fluorine chemical sector. Nonferrous metals, steel, coal, and chemical industry are all strong cyclical varieties, and the performance of listed companies fluctuates with the price of resource products, and the same is true for stock prices! In April this year, the price of non-ferrous metals once strengthened in a large area, and drove the upward movement of chemicals, and cyclical stocks in the A-share market also followed a period of strong market. However, after May, the cycle led by non-ferrous metals gradually cooled down, and there was no sign of institutional funds returning. Judging from the trend of the fluorine chemical sector, it is currently in a downward channel, and it fell sharply with the market on Thursday, and was hit again to the weak area below the 5-day line, and there is no sign of stabilization!
Hype cycle: short-term
Explosive strength: ★★★
Trading strategy: non-ferrous chemicals are still in the cooling period, but the price of resource products is not weakening across the board, and some are at a high level. Therefore, it cannot be ruled out that after a period of correction, there will be institutional funds returning again. Operationally, it is necessary to confirm the return of institutional funds before reconsidering resource stocks, otherwise it is still a wait-and-see approach!
Related companies: Juhua Co., Ltd. (600160), Sanmei Co., Ltd. (603379), Yongtai Technology Co., Ltd. (002326), Yonghe Co., Ltd. (605020), etc.
Fierce material four: Zhejiang Province Low Altitude Industry Development Co., Ltd. was inaugurated!
Event: Zhejiang Province's high-level construction of a strong civil aviation province and a low-altitude economic development highland mobilization and deployment meeting was held in Hangzhou. At the meeting, Zhejiang Low Altitude Industry Development Co., Ltd. was inaugurated. In the next step, the company will actively build a "1+1+3" low-altitude industry development system, make every effort to build a low-altitude basic network, low-altitude route network, and low-altitude service network, and comprehensively expand low-altitude infrastructure operation, low-altitude flight support, low-altitude comprehensive services, low-altitude investment incubation and other industrial sectors.
Comments: The news is good for the low-altitude economic sector. This year, low-altitude economic and commercial aerospace have been written into the government work report for the first time, so there will be favorable policies throughout the year. Because of this, many institutions have judged that low-altitude economic and commercial aerospace may be the main hot spots throughout the year. In the A-share market, a large number of institutions intervened in the low-altitude economy in February and March this year, but after April, the attention of institutions began to decline. From the perspective of plate trends, after the medium-term shock of the low-altitude economy, it fluctuated in a wide range at a high level, and although it was in the downward channel in the short term, it did not break the medium-term box form.
Hype cycle: midline
Explosive strength: ★★★
Trading strategy: The low-altitude economic high has been sideways for several months, and the momentum is relatively sufficient. Due to the huge growth space of the industry and the intensive favorable policies, there will probably not be only one main rising wave this year. At present, the sector is at a low level, as long as the market stabilizes, patient investors can consider lurking on the left side of the light position!
Related companies: Shanggong Shenbei (600843), Jindun (300411), Lihang Technology (603261), Sichuan University Zhisheng (002253), etc.
Surprise five: the performance of memory chip giants has skyrocketed, releasing important positive signals!
Event: Yesterday, the latest performance report of American memory chip giant Micron Technology released a blockbuster positive signal. The company's third-quarter financial report showed that revenue was US$6.811 billion, a year-on-year increase of 81.5%, significantly exceeding market expectations. Another piece of good news comes from Samsung. According to the latest news from the industry chain, Samsung will raise the price of DRAM and NAND by 15%-20% in the third quarter of this year.
Comments: The news is good for the semiconductor memory chip branch! Semiconductors are the main hot spot in the A-share market recently, but the performance of the broader market is weak, and the entire industrial chain is showing signs of weakening. From the perspective of funds, in the past half a month, semiconductors have been the direction of the largest increase in institutional funds, but this week, there have been signs of slowing down in institutional intervention. Judging from the trend of the sector, whether it is memory chips or advanced packaging, there have been continuous losses this week, and after a technical reversal on Wednesday, it fell again on Thursday. The sector index was once again hit into the weak zone below the 5-day line.
Hype cycle: midline
Explosive strength: ★★★★
Trading strategy: Although the semiconductor industry chain has recently made up for the decline and there are signs of breaking the trend, so far there has been no large outflow of institutional funds and signs of other new main lines. Therefore, after the semiconductor makes up for the decline, there is the possibility of rebounding and strengthening again. Since the semiconductor chips have been loosened, they can still be used as a short-term key tracking direction until the new main line emerges.
Related companies: Guoke Micro (300672), BIWIN Storage (688525), Wanrun Technology (002654), Haoshanghao (001298), etc.
Fierce material six: the opening of the Shenzhen-Zhongshan channel is imminent, and listed companies in Zhongshan are expected to benefit directly!
Event: On June 27, the Shenzhen-Zhongshan Corridor Management Center held a media briefing. At the meeting, it was revealed that the Shenzhen-Zhongshan Corridor is expected to be officially opened on June 30. The official opening of the Shenzhen-Zhongshan Corridor has greatly shortened the time and space distance between the east and west banks of the Pearl River.
Comments: The news is good for local stocks in Zhongshan, Guangdong. As an important node city on the west bank of the Pearl River of the Shenzhen-Zhongshan Corridor, the opening of the Shenzhen-Zhongshan Corridor will bring huge development opportunities to Zhongshan City and Zhongshan-related enterprises. However, in the A-share market, institutional funds have not paid much attention to the regional sector, and there has been no institutional increase in Zhongshan local stocks for a period of time.
Hype cycle: short-term
Explosive strength: ★★★
Trading strategy: The heavyweight is good for landing, but the probability of Zhongshan local stocks being swept by institutions in a large area is not large, so it depends on the trend of funds. If there is a large increase in the position of first-line funds, then the explosiveness of the front-row stocks in the sector can be expected, and the back-row stocks may be difficult to keep up. If the news does not arouse the interest of the tourists, it is mainly a wait-and-see.
Related companies: Zhongshan Public Utilities (000685), Dayang Electric (002249), Mulinsen (002745), Huali Group (300979), etc.
【Northbound Funds/Tourist Capital Trends/Institutional Seats】
Northbound capital trends: On June 27, a large net sale of 10.958 billion yuan was made. Wanhua Chemical, CATL, and North Huachuang were net sold for 466 million yuan, 409 million yuan, and 254 million yuan respectively. Kweichow Moutai topped the net purchase, with an amount of 422 million yuan.
Key snipers of the tour capital bosses: Shangtang Road: net purchase of Kaizhong Precision 10.2276 million, Genvict Technology 17.8869 million, Junya Technology 66.1328 million, Ningbo Sangtian Road: net purchase of Huayang Lianzhong 20.9367 million.
Institutional funds bought in a single day (10 million+): Espressif Technology 688018, semiconductors, 2 institutions bought and 1 institution sold, and institutions bought 38.74 million, which was the largest net purchase of individual stocks by institutions on the previous trading day. Jieqiang equipment 300875, low-altitude economy, 3 institutions bought and 2 institutions sold, and the net purchase of institutions was 25.36 million, accounting for 14.39%, which was the largest proportion of institutional net buying stocks in the previous trading day.
Institutional funds continue to buy within 10 days (10 million+): none.
The overall position adjustment of institutional funds: On June 27, institutions bought 6 stocks with a net purchase of more than 10 million yuan and sold 4 stocks with a net sale of more than 10 million yuan. On Thursday, the A-share market opened lower and moved lower, being suppressed below the 5-day line throughout the day, and closed near the lowest point. However, it is worth noting that the buying of institutional seats on Thursday was slightly released, and the selling session shrank moderately, indicating that the reluctance to sell institutional seats heated up when the broader market fell. Institutional funds also turned from a net outflow on Wednesday to a small net inflow.
Institutional capital sector adjustment: From the perspective of the flow of funds in the sector, the main line hot spot (the main direction of the recent institution), the recent main line hot spot semiconductor industry chain in many branches, as well as the Internet of Vehicles, there is no trace of institutions continuing to increase positions, which is worth being vigilant!
In terms of non-mainline hotspots (a small number of institutions have recently participated in the direction), consumer electronics have been moderately increased, semiconductors, low-altitude economy, energy equipment, robots, and AI large models that rose by inertia on Wednesday and Thursday have been increased by institutions in small amounts! The home appliances, industrial Internet of Things and property sectors were reduced by institutions slightly. In the report, there was a slight divergence in institutional funds, some bought and some sold, and the inflow and outflow were basically flat.
Overall, although there was a shock pullback in the market on Thursday, and the trend was significantly lower than expected, the main willingness to buy the bottom was clearer during the pullback. The main line of hot semiconductors and Internet of Vehicles institutions did not increase their positions when they fell, and if the institutions did not return for a period of time, then the sector had the risk of cooling. The AI corpus branch in the potential mainline AI model in the near future continued to be increased by institutions in small quantities on Thursday. If institutional funds continue to increase their positions when the sector index pulls back on Friday and next Monday, then the heat of the sector will increase significantly!
[News Change/Fund Change]
In the past week, Jingyang's "A-share fierce material" abnormal stock highlights:
This Thursday's "A-share fierce news": tax friend shares, strong skyrocketing!
This Wednesday's "A-share fierce news": Insai Group and Zhongtian Service have skyrocketed strongly!
This Tuesday's "A-share fierce news": Kaizhong Precision, Maxim Technology, strong skyrocketing!
……
This article is from Jingyang's financial self-media matrix, released before 6 o'clock in the morning every trading day, I hope you can keep abreast of the latest news of the A-share market industry, sectors and listed companies through this article, as well as the latest position adjustment trends of various main funds. In the choice of direction, try to achieve the resonance of news and funds, so as to greatly improve the winning rate!
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