Gem Index Shock Pattern Has Not Changed

Last week, the gem index went up strongly, and the first four trading days took four consecutive days, hitting 2900 points, with a weekly gain of 4.11%. This shows that the short-term growth enterprise market index volatility pattern has not changed.

Shanghai composite index showed a trend of "four Yang and one Yin" in the Shanghai stock market. The pattern of moving upward from Monday to Wednesday continued to rebound slightly. On Thursday, led by blue chips, the Shanghai Composite Index rose 4100 points to break the stalemate stalemate. However, the index ended at 4100. As of last Friday, Shanghai Composite Index received 4070.91 points, the weekly gain was 2.87%, the weekly K line received two plus Yang, and the bottom of the previous period was basically established.

In the first half of last week, negative rumors triggered a sharp fluctuation in the index. But with rumors being falsified, market sentiment has also improved rapidly. On Thursday, facing the adjustment demand and the "black Thursday" curse, the Shanghai Stock Exchange issued a positive signal to Changyang, which greatly boosted the popularity of the market. After the continuous rebound, the Shanghai Composite Index has stabilized the half year line, and the 4000 point has basically been strengthened, so that more people will be gathered and confidence will be returned.

After Liu Lian Yang, there is adjustment pressure on the short-term technical side, and the upper 30 day moving average also brings down the stock index. From this point of view, last week's five late diving is also expected. In the short term, the market will absorb the pressure of short-term profit making through the adjustment of shocks, so as to accumulate new rising kinetic energy. At present, the market atmosphere has obviously recovered, extreme emotions have weakened, and the adjustment space is not expected to be too great.

Looking ahead, the index operation will show the characteristics of fluctuations in the market, and absorb the pressure from all sides through full shake hands to consolidate the foundation for the new rising channel. In addition, due to the sharp fall in the size of off site capital allocation and field financing, it is difficult for the market to reproduce the rhythm of "leveraged cattle" stride and run fast, and is expected to return to the slow track ahead of schedule. Under the pattern of shock and differentiation, the operation should be carried out in the wave band operation, with high throwing and low absorption, and the selection of excellent performance of the intermediate papers, the increase of industrial capital, the clear benefit of reform, and the high margin of valuation safety. In addition, the top-level program of state-owned enterprise reform is expected to heat up. Reform of state-owned enterprises The main body is expected to become the main line of the market. (Li Bo)

Heat waves continue to increase 14.65% in the national defense industry

Last week, the Shenwan defense industry index realized five plus Yang, a total rise of 14.65%, ranking the top in the industry growth rankings. In fact, since July 16th, the index has achieved seven consecutive days, and since July 21st, it has only dropped slightly in July 21st, and the rest has maintained a strong upward trend, rising from the lowest 1476 points to 2554.59 points, or nearly 70%, far exceeding the other industries as the "pioneer" of the current round of rebound.

28 constituent stocks rose to varying degrees last week. Among them, Asia Star anchor chain The increase was as high as 57.14%, far ahead of the other stocks, and the increase of steel structure projects and optoelectronic shares were over 30%. Besides, 12 shares of CIC, such as China Mobile Technology and Technology Development Co., rose by more than 20%.

Because of the rich information, institutional investors are optimistic about the military market. CITIC Securities Investment Bank said that it is optimistic about the military market segment from mid 7 to the end of August. In June, the military sector was fully adjusted to reserve space for the next round of rise, and military industry showed the leading characteristics in all previous market rebounding. In September 3rd, the grand parade was the most important event in the industry, and its driving role would be reacted ahead of schedule; the deepening of the civil military integration policy, the compilation of the 2025 national defense industry plan and the expansion of the pilot scale of low altitude opening will appear in the future. Guo Yuan Securities and Anxin securities both believe that the pace of military asset securitization has just opened, and the theme investment opportunities of military industry in the second half of this year are abundant.

Short term, the national defense industry index was suppressed by the 60 day moving average and short term pressure, the internal stock market has more profits, and the pressure of the early unwinding will be released. The short-term adjustment will take place, but the short-term adjustment will not change the subsequent strong pattern. (Zhang Yi)

The concept of strong state-owned asset reform rose 20.07%

Since the stabilization and rebound of the market, the concept of state assets reform has been thrived and the performance has been amazing. The frequent rise of the concept index has become the most dazzling star in the rebound. Last week, the Wind state owned reform index rose 20.07%, ranking the top of the concept list. In fact, since July 16th, the index has welcomed Liu Lian Yang. The single day gains of last Monday to Thursday were 3.57%, 4.04%, 6.99% and 5.20% respectively, and only 0.99% on Friday.

The performance of the concept stocks is even more brilliant. The concept of 24 state-owned assets reform has risen to varying degrees in the past week. Among them, the largest increase in Luoyang's glass, up to 45.48%; the 9 stocks rose by more than 30%, including the China group, Qi Yuan equipment, and DHL, and the increase in Chinese medicine and Haicheng only exceeded 10%.

On the news side, recent media reports said that the state is accelerating the formulation of top-level design plan for state-owned enterprises reform, and has entered the official countdown. The plan includes the reform of mixed ownership, employee stock ownership, the responsibilities of the SASAC and the division of central enterprises. At the same time, the reform of local state-owned enterprises is also being actively promoted.

The bull market is a reform of the bull market. One of its important tasks is to realize the reform of state-owned enterprises and promote asset securitization. As a result, the reform of state-owned assets will be a long-term theme. Opportunities for the latter are still abundant. Especially after short-term activation, more funds will chase the hot spot, but investors should also be vigilant against the short-term callback fluctuations. Societe Generale Securities recommends looking for opportunities for SOE reform based on mergers and acquisitions. First of all, it is concerned about the linkage effect of the pilot reform of the central enterprises and the pilot companies around the country, followed by concerns about strong merger opportunities, and once again concerns about the opportunities for big companies to become bigger and stronger in the big group, and finally, the opportunity for business transformation. (Zhang Yi)

Blocked 2900 gem index rose 4.11% weekly

Last week, the gem index was strong upside. The first four trading days closed four points to 2900 points, but on Friday, with the growth of the gem, the concussion came down, and the 2900 points recovered, which eventually closed at 2897.82 points and the weekly gain was 4.11%. Thus, the 2900 point platform is still pressing the index. Short term growth enterprise market The index shock pattern has not changed.

Of the 389 stocks traded normally last week, 350 stocks rose. Among them, garden stocks, science and technology, Zhejiang Jinke and other 13 stocks rose more than 50%, a total of 47 stocks rose more than 30%. In the 38 stocks dropped, Wanshun shares, Anju Bao and Hai Mo technology fell more than 20%, a total of 5 stocks fell more than 10%, a total of 12 stocks fell more than 5%, the differentiation of stocks is still obvious.

With the rebound, the overturn kinetic energy was released significantly, valuations rebounded, and the difficulty of continuing upward began to increase. After repeated impact 2900 points, turn back, highlighting the technical surface and hold the disk pressure. In the context of shock differentiation and stock trading, only those with relatively strong performance support and relatively reasonable valuation can continue the rally.

According to the latest announcement of semi annual report, the internal differentiation of gem is obvious. Nearly half of the company's performance has increased year by year, of which more than 100 companies have doubled their performance. At present, small and medium cap stocks are still the first choice for capital, and the growth enterprise market is expected to continue the upward trend of shocks. As the overall valuation of gem continues to pick up, the differentiation of varieties will further intensify. Whether the performance can resolve the high valuation pressure will become an important index to decide the height of stocks rebound. It is suggested that we should grasp the main line of achievement and grasp the leading quality growth.