What Is The Impact Of The Epidemic On The Global Market? Global Stock Market Sentiment Easing, Many Agencies Contend

With the new crown virus pneumonia becoming a global epidemic, the global market is worried. However, judging from the performance of the stock market in March 17th, market sentiment has eased as countries responded to the policy.

In March 17th, the Shanghai Composite Index fell 2779.64 at 0.34%, with a turnover of 323 billion 13 million. Shenzhen stock index reported 10202.75 points, down 0.49%, turnover of 495 billion 73 million. The gem index reported 1917.70 points, an increase of 0.36% and a turnover of 167 billion 197 million. The Shanghai and Shenzhen two cities concluded a total turnover of 818 billion 86 million. On the disk, UHV, IC and other sectors are gaining ground. As of 03 February 16, the Shanghai Stock Exchange's financing balance was 578 billion 948 million yuan, a decrease of 6 billion 918 million yuan compared with the previous trading day; the Shenzhen Stock Exchange's financing balance was 503 billion 196 million yuan, a decrease of 10 billion 393 million yuan compared with the previous trading day; two cities totaled 1 trillion and 82 billion 144 million yuan, a decrease of 17 billion 311 million yuan compared with the previous trading day.

In March 17th, the Hang Seng Index rose 0.87% to 23263.73. The state-owned enterprises index fell 0.12%, to 9216.17 points. North capital has a net outflow of 8 billion 238 million.

US stocks rebounded sharply, the Dow rose more than 1000 points, or over 5%; the S & P 500 index rose nearly 6%, and the NASDAQ increased by over 6%. At the close, the Dow rose 5.2% points to 21237.38 points, and the S & P 500 rose 6% to 2529.19 points, while the NASDAQ rose 6.23% points to 7334.78 points. Technology stocks and China stocks have recovered substantially, and the concept of anti epidemic stocks and public utilities are among the top gainers. Aviation stocks and cruise ships remain weak.

On Tuesday, European time, the main European stock index closed up, closing the close, the German DAX index closed up 2.20%, reported 8939.10 points, the French CAC40 index closed up 2.92%, reported 3991.78 points, the British FTSE 100 index rose 2.79%, reported 5,94.90 points. The Nikkei 225 index rose 0.06%, at 17011.53 points. South Korea's KOSPI index fell 2.47% to 1672.44 points.

Australia's benchmark ASX200 index fell 4.3% in early trading. The Australian government is brewing a new round of economic stimulus measures to deal with the impact of the new crown pneumonia epidemic on the economy.

At the same time, the agencies are as follows:

Haitong strategy: the new crown pneumonia epidemic is sweeping the world. In March 11th, who announced that the new crown pneumonia has become a global epidemic. Affected by the rapid change of the global epidemic situation, the global stock market has experienced panic type slump in the past week, and the multinational stock market even appeared "fusing tide". Under the impact of the external market, the A shares were deeply adjusted, and the Shanghai Composite Index touched 2785 points in March 16th. In the long term, the impact of the epidemic is temporary. From the valuation point of view, the investment value of A shares appears, and the short-term adjustment of the impact of the epidemic is pregnant with medium and long-term investment opportunities.

Galaxy Securities Strategy Analyst Ceng Wanping: the impact of the epidemic on the economy will not exceed the major impact of the subprime crisis in 2008. At present, the three major industries in the United States are information technology, alternative consumption and health care, which are significantly different from the previous financial and energy led economic structure. It is a recent strategy to "be optimistic about a big drop and be cautious". The bull market that has lasted for eleven years in the US stock market may have ended and the future may be oscillating. For China's stock market, we must guard against the phased risks of foreign capital outflow. At present, it is not appropriate to simply "hold shares", and proper placement of shares and band operation may be a better strategy.

CITIC Securities Zhu Jianfang: the current adjustment of A shares is an amendment to the previous rise. Due to the continuous improvement of domestic epidemic prevention and control situation and the resumption of resumption of production, the economy is expected to rebound significantly in the two or three quarter. In the latter part of the A share trend, there is strong basic support, and there will be no significant adjustment similar to the overseas market. (Shanghai Securities Daily)

Liu Gesong, general manager of investment and Development Department of Guangdong Development Fund: there are structural opportunities for A shares this year, one of which is new infrastructure, such as 5G, data center, cloud computing, and the other is self controlled industrial chain, including semiconductor, computer and operation system. In the eyes of Liu gsun, the main line is the medium and long term mainline of the market. Liu Gesong believes that it is a good time to configure A shares in the medium and long term. In the future, the impact of changes in overseas epidemic data on China will be reduced, and A shares will go out of the independent market. (Shanghai Securities Daily)

China's chief economist forum director Lian Ping: at present, the impact of the epidemic on commercial housing sales is relatively limited. After the end of the epidemic, the enthusiasm of Housing enterprises to take up, real estate investment will rebound significantly. At the same time, the impact of the epidemic will bring industry integration opportunities, but there will be no "big shuffle". (China Securities Daily)

China and Thailand Securities: the new infrastructure includes seven major areas: 5G, data center, artificial intelligence, industrial Internet, UHV, Intercity High Speed Rail and inter city rail transit, and new energy vehicle charging piles. According to estimates, the new infrastructure in 2020 is expected to be 3 trillion and 300 billion yuan, up 26% over the same period last year. By 2025, the new capital construction has maintained an average annual compound growth of 15%, which is significantly higher than the overall investment growth of infrastructure projects. It is estimated that the scale of the new capital construction will increase to 6 trillion and 250 billion yuan by 2025.