Institutional after-hours strategy: A shares may usher in a significant surge in funds, bull market eagerly awaiting full open_ Securities Times

Yuanda pointed out that the Shanghai stock index has risen simultaneously in the daily, weekly and monthly cycles, and there are signs of resonance of the trend. After the daily bounce hit a new high, it continued a solid performance today and formed a positive signal. Later, pay attention to the 3400 point mark support. The pressure of the previous high of 3587 points, the advance can be considered optimistic, if the advance is not possible, please pay attention to the low-suction opportunities of the short-term decline. At present, domestic fundamentals in the first quarter continue to improve and the annual growth rate of return is relatively flexible; liquidity in A shares remains relatively abundant. Last year, the new public offering of funds set a record, and the liquidity provided by the market has helped the market.The spring market has quietly developed. In terms of specific configuration, we can continue to pay attention to the “pro-cyclical” direction that has been analyzed in the previous period and overlap the high prosperity industries, especially the varieties that are still low and relatively stagnant. Second, you can implement long-term profitable and logical products with long-term strategies, such as military industry, semiconductors, and consumer electronics. Consider low-level varieties in operation and appropriately increase positions in light of actual conditions.

Hexin’s investment adviser pointed out that the cold winter in the real economy has not completely passed, but the sunny day of the capital market has arrived earlier than expected. The spring plow market has been blessed with multiple positives and has turned into a fundraising rush. A host of institutional investors cashing in before the holidays had no time to react and were forced to go back and increase their holdings, which collided with the off-market design, causing some emotions to get too frenzied. From the perspective of the external environment, the main international economies have strengthened countercyclical policies in response to the epidemic. It is basically an unavoidable fact that 2021 will usher in a wave of reinflation on a global scale. The large-scale application of vaccines is combined with the prices of equity assets and Commodities will enter a new upward channel. This year the reform of the domestic capital market system will also be implemented. The new rules of the game will inevitably boost the investment activity of the funds. Proactive monetary policy will also continue in the first quarter. There is still a period of time before the annual report is released.Right now, we are in a rare negative news vacuum period, and the band market is worth waiting for. Investors are encouraged to strategically deploy bulk commodities, insurance and securities companies, and be able to actively participate in short-term trading opportunities in digital currency, automotive industry chains, entertainment media, and defense industry.

Rongwei Securities noted that the recent Central Economic Conference noted that it will continue to implement a proactive fiscal policy and prudent monetary policy, and market liquidity is expected to remain stable. Driven by liquidity, valuations of leading companies in some industries have risen rapidly and valuations of the consumer and technology sectors have reached historically high levels.Under the main line of performance recovery, the high probability of valuation momentum will gradually weaken. High prosperity industries and prominent companies with rapid earnings growth will be the focus of this year; food and beverages, medicines, the catering industry chain, photovoltaics, new energy vehicles, etc. The industry is worthy of attention.