The Shanghai Composite Index regained its upward trend today and closed at 1.02%, closing at 2,568.05. The total turnover of the two cities was 310.9 billion yuan, and the industry sector showed a general trend, and the brokerage sector continued to rise and stop.
Chengda is also a big financial company. In fact, the recent trend of the Shanghai and Shenzhen stock markets and the trend of the big financial sector seem to have formed a unity in the pace. Since the brokerage sector has always been the market trend indicator, the market rebound needs to take the big financial sector as the vanguard. It has a leading role in market sentiment. Whether the market can lead A-shares to launch a new round of rebound, investors still need to be cautious.
In the news, today, according to the website of the China Securities Regulatory Commission, the CSRC is accelerating the promotion of three aspects, including encouraging investment in value, in accordance with the unified deployment of the Financial Stability Development Committee of the State Council. Play the role of institutional investors such as insurance, social security, various securities investment funds and asset management products, and guide more incremental medium and long-term funds to enter the market.
Shanxi Securities said that under the medium-term dimension, taking into account the bottoming effect of the policy's full strength and stability, the risk of economic stalls has been released to a large extent, and the future is waiting for the gradual emergence of policy effects, economic expectations and market risk preferences. Gradually repair, investors do not have to be too pessimistic, A-share mid- and long-term allocation value began to appear.
Shen Wanhong believes that the high-level encourages state capital, insurance capital and brokerage asset management plan to reduce the risk of stock pledge of listed companies, which makes investors' confidence in the market recover, and the risk of brokerage business is eased, and the valuation is repaired. Leading brokers are recommended to focus on the marginal changes in multi-level capital market construction, as well as the performance of leading brokerages that continue to outperform the industry and exceed expectations. The first promotion of CITIC Securities, GF Securities, Guotai Junan, it is recommended to pay attention to Everbright Securities.
Guotai Junan pointed out that the Banking Regulatory Commission recently relaxed the relevant restrictions on the insurance company's equity investment, which is conducive to the long-term investment end of the insurance industry to stabilize, which is conducive to partially alleviating the concern of the insurance company's investment side when the long-term interest rate curve declines and the secondary market fluctuates greatly.
Guosen Securities believes that the banking sector has a configuration value at the current time. The recent policy is frequent. If the subsequent macro economy stabilizes, the valuation of the banking sector is expected to continue to be repaired. If the policy effect is lower than expected, the rapid accumulation of net assets brought by the double-digit ROE (13% in 2017) may also be brought. Come to the rich absolute income. In terms of individual stocks, we continue to recommend the “dumbbell combination” of two sizes, namely ICBC, Agricultural Bank, Bank of Ningbo and Bank of Nanjing.
Brokerage theme fund
|Fund code||Fund abbreviation||Nearly a week||Handling fee||operating|
|161629||Rongtong Securities Classification||2.70%||1.20% 0.12%||buy Account opening|
|160419||Huaan CSI All-in-one securities company index classification||2.33%||1.20% 0.12%||buy Account opening|
|163113||Shen Wanling Xin Shenwan Securities Classification||2.27%||1.20% 0.12%||buy Account opening|
|161027||Fuguo Zhongzheng All-in-one Securities Company Index Classification||2.26%||1.20% 0.12%||buy Account opening|