The A-share index bottomed out, and the net northbound funds exceeded 13 billion

The A-share index bottomed out, and the net northbound funds exceeded 13 billion
On March 13, the three major indexes of Shanghai and Shenzhen opened lower, and the A-share market rebounded in the afternoon. The index continued to shrink, and the GEM index fell to less than 1%.The net allowance for northbound funds is 131.4.6 billion.Eventually, the Shanghai index fell by 1.23% reported to 2887.43 points; Shenzhen index fell 1% to 10831.13 points; GEM index fell 0.75% reported to 2030.58 points.2889 stocks in the two cities fell, and 849 stocks increased.The three major stock indexes of A-shares bottomed out, and the concept of “new infrastructure” led the rise. The Shanghai and Shenzhen Index bottomed out in the afternoon. The Shenzhen Index and the GEM index once turned red.In terms of sectors, the “new infrastructure” sector led the Shanghai and Shenzhen markets.In the early trading UHV sector, Tongda shares rose and stopped in a straight line, terminating the closing, TBEA, Tongguang Cable, Tongda shares, Xu Ji Electric, China West Electric, Zhiguang Electric, Changgao Group, Sifang, PinggaoZhongyuan shares, Han cable shares have daily limit.Semiconductors are actively resisting the adversity. Dinglong shares in the sector, A Shichuang, Jianghua Micro, Jingrui shares have daily limit, Zhonghuan shares, and Yanxin materials have increased significantly.Textile and apparel, home appliances, and non-ferrous metal sectors led the decline in Shanghai and Shenzhen.The Asia-Pacific stock market closed down sharply, and the Korea Composite Index fell by 3.45%, reported to 1771.At 11 o’clock, this week it gradually declined by 13.21%; Nikkei 225 index closed down by 6.08%, reported to 17431.At 05 o’clock, this week it gradually decreased by 15.99%, the largest weekly decline since the week of October 10, 2008; the Australian ASX200 index rose by 4.42%, reported to 5539.At 3 o’clock, this week gradually dropped by 10.89%; New Zealand’s NZX50 index fell 4.90%, reported 9826.At 86 points, this week it gradually declined by 14%.The tide of global stock market meltdowns has come. Since the oil price “Black Swan” in the Middle East flew out of the oil price plunge over the weekend, the stock assets of various countries have experienced a rare sell-off tide of centuries.As of now, at least 12 countries such as the United States, Canada, Brazil, the Philippines, South Korea, Thailand, Indonesia, Pakistan, Kuwait, Mexico, Sri Lanka, Japan and other countries have triggered the fuse mechanism.Only today, Japan ‘s TOPIX REIT index futures triggered the fuse twice at 9:35 and 10:38 respectively.At 9:45, the Korean KOSPI index fell by more than 8%, triggering a fuse.At 11:01, Thailand’s SET stock index fell 10%, triggering a fuse.At 11:53, the Indian stock index touched the fuse and the grade fell by 10%. The Indian stock index will suspend trading for 45 minutes.At 12:30, the Pakistan stock index plunged, triggering a fuse.At 12:50, the Colombo Stock Exchange of Sri Lanka suspended the trading for 30 minutes due to the plunge in the stock market, triggering the fuse mechanism.As of the close on March 12, the three major US stock indexes closed down more than 9.4%, fell into a technical bear market, and the largest one-day decline since October 1987.US stocks opened only 5 minutes on that day, and the S & P 500 index fell to 7%, triggering the second meltdown this week. US stocks suspended trading for 15 minutes, which was also the third meltdown in the history of US stocks.Before March 9th, only 1 minute after the opening of the US stock market, the S & P 500 index fell by 7%, triggering the fuse mechanism, the three major stock indexes-Dow Jones index, Nasdaq index, S & P 500 trading suspension for 15 minutes.U.S. stocks touched the fuse mechanism twice within this week, replacing two of the only three U.S. stocks history to touch the fuse.On March 11, all three major U.S. stock indexes fell into a technical bear market, and U.S. stocks ended the longest bull market in history.In addition, the Brazilian stock market also experienced three blows this week, including two blows in one day.The first fuse of this tide tide occurred in the Middle East stock market.On March 8, affected by the oil price war in the Middle East, the stock markets in the Middle East generally plunged, the Saudi stock market plummeted, Saudi Aramco broke, and the Kuwait stock market fell more than 10% intraday, triggering the first meltdown.On Monday, the Kuwaiti stock market melted again.The implementation of bailout measures around the world In the downturn of the global market, many countries have taken active measures to bail out the market.On March 12, the European budget kept the three key interest rates unchanged, and the market is expected to cut interest rates by 10 basis points in ten years.However, the highest additional purchase of assets in Europe was 120 billion euros until the end of this year.The European Supreme Management Committee Villeroi made a resolution to the French Financial Stability Committee on the 13th to release the bank’s countercyclical capital buffer requirements. The French banking industry is more stable than it was 10 years ago; a large amount of safe liquidity will be needed in the next few days.Concerned about the huge fluctuations in the market, but we are guided by economic conditions; the European expansion package is in line with economic conditions.Officials of the Ministry of Finance of South Korea are competent, and South Korea is gradually following the foreign exchange liquidity status of South Korea that the government is paying attention to. The rise in the cost of US dollar financing seems to be temporary.If necessary, South Korea will take further action to stabilize the stock market, and will take measures to stabilize the foreign exchange market if necessary.The Bank of Japan conducts unplanned open market operations to provide securities1.5 trillion yen in liquidity, and bid to buy 200 billion yen of Japanese bonds.On March 11, local time, the US President gradually issued a national television speech and adopted comprehensive economic stimulus measures to support the US economy.On March 18, the Fed is about to usher in a monthly routine meeting, and the market expects that the Fed will likely cut interest rates again.On March 11, the UK initially announced an emergency rate cut of 50 basis points, which will be 0 before.75% interest rate interest rate 0.25%, the lowest level in the history of Britain.In addition, the new British Chancellor of the Exchequer Reich?Sunak (Rishi Sunak) issued a 12 billion pound stimulus plan, and said that the British government will take the necessary actions to buffer the impact.Shanghai Securities News reported that in order to consolidate the staged improvement of the early auto insurance market rectification, the recent phenomenon of auto insurance chaos in some regions has rebounded and cross-regional orders have been grabbed. The P & C Insurance Department of the China Insurance Regulatory Commission this weekP & C insurance companies issued relevant notices to gradually increase the standardization of the auto insurance market, safeguard the legitimate rights and interests of consumers, and promote the development of auto insurance.Information from the website of the National Development and Reform Commission shows that 23 departments such as the National Development and Reform Commission have issued implementation opinions and indicators to promote consumption expansion, expansion and quality, and accelerate the formation of a strong internal market: vigorously optimize the supply of the domestic market; focus on promoting the upgrading of cultural and leisure leisure consumption;; Accelerate the establishment of a “smart +” consumer ecosystem; continue to improve residents’ spending power.Analyst: Firmly optimistic about the downturn of the A-share global market, is certain investment relatively insurable?Anxin Strategy Chen Guo firmly believes that A will win the most and is firm and optimistic.If the market drops following the panic abroad, it is the Golden Pit 3.0.But analysts do not agree with panic. Even if panic abroad, domestic need to be rational.Can it be said that it is currently a financial crisis?Chen Guo believes that the current European and American stock markets are already bear markets, but they cannot be called financial crises.At present, there is no major financial institution that cannot bear it, and Bear Stearns fell in March 2008.How do you view China and the A-share market in the global context?Chen Guo pointed out that China is in the best position, and China’s financial system is the most different from overseas. It is not that the balloon of excess gas has to worry about being pierced by the new crown. It is the balloon that has been actively (de-leverage) released some gas before.the process of.China is far from Japanese, and if China is relaxed now, it will definitely not have any effect on the physical and financial markets.In 2008, China first tightened and then loosened, but it really stimulated asset price surges. Today, the policy will never be tightened, nor will there be any rush to stimulate it. Stabilizing employment under internal and external economic pressure will inevitably be a gradual process of loosening and overweight. At this time, A-shares must be a process of expansion and expansion. This is a strong A-share this year.The core contradiction, the temporary interruption and loss of the import and export chain is a secondary contradiction.How to invest in A shares?Chen Guo suggested that China took the lead in successfully controlling the new crown to become a global model, and the A-share market will also be the first to step out of the epidemic crisis and become a global model. Under this new crown epidemic crisis, humanity will win, and in the global financial market, A must be the mostwin!If the A-share market panic today, our view is only one sentence: buy A-shares firmly, those with low income requirements can buy high-yield products, those with higher income requirements can buy strong domestic demand to buy medical care, and income requirements require higher-purchaseGrowing high and buying new infrastructure with a certain upward trend!Ding Luming, Director of Financial Engineering and Major Asset Allocation, CITIC Construction Investment, and Chief Analyst also believe that the overall market environment will be jointly and severally affected. In this environment, it is still recommended to allocate A shares.Because the spread of the epidemic in Europe and the United States, especially in the United States, it began to strengthen its understanding of the new crown epidemic within the last one or two weeks, and China ‘s epidemic prevention and control has reached a state of near complete victory.It is a relatively safe haven.Sauna, Ye Wang Zhang Siyuan Editor Li Weijia Proofreading Liu Baoqing