Prime Minister'S Briefing Has Led To Major New Indexes.

Today, the Shanghai composite index was 3449.30 points, up 76.39 points, or 2.26%, and traded at 479 billion 400 million yuan; Shenzhen composite index reported 12017.77 points, up 304.16 points, or 2.60%, and traded at 432 billion 400 million yuan. Small and medium-sized board index closed 7193.21 points, up 261.17 points, or 3.77%; 2142.67 poins, 73.60 points, or 3.56%. A total of 2319 stocks rose and 20 fell in two cities, with a rise and fall ratio of 116:1. Non ST class trading stocks 101, no limit stocks.

Today, the index is going higher and higher, and the main board and the SME board have reached a new high. The weight plate has been active, the financial sector has pushed the stock index back to the 3400 point and set a new high in 67 months, and the gem has continued to rise strongly due to the recognition of the Internet industry by the premier at the two sessions. Storage and logistics on the disk. Internet And other sectors of the top gainers; banks, coal and other weight plates are slightly weaker than the broader market.

All in all, today is the big one. index All hit a new high and volume increased moderately. From a technical point of view, the Shanghai stock index has broken through 3400 points, pointing to the high point of the four trillion market at the 3478 point. Once the resistance of 3478 points is broken, the stock index will enter a vacuum zone. This is the area where the main force of both sides of the big bull market and bear market have been quickly passed through the last wave. After nearly 2 months of adjustment, we believe that the index has the opportunity to launch a new round of rebound.

From the basic point of view, the two sessions officially ended on Sunday. Li Keqiang At the press conference, the prime minister answered questions related to the economic situation, institutional reform, anti-corruption measures and foreign policy. From the prime minister's position, we believe that monetary easing will continue. The two quarter's loose monetary policy and proactive fiscal policy will be launched simultaneously. Second, in 2015, after the establishment of the firewall system such as deposit insurance system, rigid payment is expected to be broken. This will greatly improve the current mismatch of China's financial resources, and will also introduce a large amount of funds for A shares. Third, the Internet industry will bear the responsibility of China's economic transformation. Although the valuation of small and medium sized gem is higher, there are still a lot of structural opportunities.

For the market, we maintained last week's view. Last week, the Treasury's debt replacement plan had far-reaching impact on the capital market. The short-term market is expected to return to the blue chip market which began in November last year. The financial weight led by banks will drive the Shanghai stock index to break through the 3400 point resistance. On the operation, it is recommended that banks, insurance companies and brokerages should be the three largest financial weights. In addition, the full benefit of debt replacement and the underestimated blue chip of future pension market will be recommended for example, such as infrastructure, transportation, real estate, and nonferrous metals.