金点策略晨报—每日报告 2024 年 6 月 5 日 星期三 | --- | |------------------------------------------------------------------------------------| | 【A股大势研判】 | | 市场连续调整后，短期有反弹需求，问题公司出清继续 | | 一、周二市场综述 | | 周二晨早短信提醒，周一沪深三大指数涨跌不一，但个股大面积下跌。盘面上看， | | 银行以及有色板块的走低对市场形成拖累，而 ST 板块出现跌停潮以及微盘股集体大跌， | | 也打击了市场情绪。近期，随着指数高位震荡以及重心回落，市场成交本身萎缩。提醒 | | 投资者以下五类股票或被边缘化，尽量要规避：规避披星戴帽的 ST、*ST 股票；规避被 | | 交易所公开谴责、通报批评的股票；规避未在法定期限内披露年报、季报的及财报被出 | | 具无法表示意见或者否定意见的审计报告的；规避主营业务不佳，经营现金流持续为负， | | 靠外延并购重组苟延残喘的股票；规避空壳股票。 | | 周二早盘，沪深三大指数集体低开，随后低开高走，创指盘中一度涨超 1% 。盘面 ...

| --- | --- | |------------------------------------------------------------------------------|--------------------------------------------------------------------------| | 【晨早参考短信】 | | | | 在减持新规的利好刺激下，周一沪深三大指数集体上涨，但市场成交依旧低迷。盘 | | 面上看，半导体板块的异动和上周三光伏板块单日拉升较为类似，都是在市场板块轮动 | | | 加快以及短期利好消息提振下脱颖而出的，说明当前市场的主线缺失以及增量资金的匮 | | | 乏。不过，展望后市，无需过分担心，在政策持续加码下，短期大幅下行的风险较低， | | | 市场对于经济全线修复充满期待，后续则需关注月度经济数据以及地产销售数据的恢复 | | | 情况。我们维持近期的观点不变，市场震荡上行仍是主基调。操作上，不追高，逢低布 | | 金点策略晨报—每日报告 2024 年 5 月 28 日 星期二 研究员：惠祥凤 执业证书号：S099051310000 ...

金点策略晨报—每日报告 2024 年 5 月 29 日 星期三 第 1 页 第 3 页 第 4 页 研究员：惠祥凤 执业证书号：S0990513100001 联系电话：0755-83007028 Email：huixf@ydzq.sgcc.com.cn | --- | |-----------------------------------------------------------------------------------------------------------------------------------| | 【A股大势研判】 | | 短期调整不改中期上行格局，逢低布局核心资产，继续规避垃圾股 | | 一、周二市场综述 | | 周二晨早短信提醒，在减持新规的利好刺激下，周一沪深三大指数集体上涨，但 | | 市场成交依旧低迷。盘面上看，半导体板块的异动和上周三光伏板块单日拉升较为类似， | | 都是在市场板块轮动加快以及短期利好消息提振下脱颖而出的，说明当前市场的主线缺 | | 失以及增量资金的匮乏。不过，展望后市，无需过分担心，在政策持续加码下，短期大 | | 幅下行的风险较低，市场 ...

Market Overview - The market is experiencing narrow fluctuations with insufficient trading volume as the main reason [6][8] - Since May, there has been no clear main line in the market, with core assets performing slightly better [6] - The overall sentiment is average, and the profit-making effect is weak, leading to increased selling pressure in the next phase [7] Sector Performance - The photovoltaic battery sector led the market gains, with significant increases in new energy stocks such as photovoltaic equipment, batteries, and energy metals [7] - The report highlights that the Chinese government may invest approximately 6 billion yuan in solid-state battery research, marking an unprecedented initiative in the industry [7] - The non-ferrous metals sector has shown strong performance due to rising prices in black and non-ferrous metals, driven by global manufacturing recovery and domestic economic policies [7] Future Market Outlook - The report suggests that the market's short-term adjustments will not affect the mid-term upward trend, with expectations of economic improvement as real estate policies are released [8] - Investors are advised to focus on core assets during dips and avoid speculative stocks [8] - The report anticipates a potential rebound in the new energy sector, although individual stock differentiation is expected [7][8]

Market Overview - The Shanghai and Shenzhen indices showed mixed performance with a downward trend and low trading volume [2] - The Shanghai Composite Index closed at 3091.68 points, down 19.34 points or 0.62%, with a total turnover of 3184.75 billion [4] - The Shenzhen Component Index closed at 9384.72 points, down 30.26 points or 0.32%, with a total turnover of 4048.13 billion [4] - The ChiNext Index closed at 1813.15 points, up 2.08 points or 0.11%, with a total turnover of 1797.70 billion [4] - The STAR 50 Index closed up 8.37 points or 1.14%, with a total turnover of 448.08 billion [4] Sector Performance - Semiconductor, space-based internet, 6G, and Beidou navigation sectors led the gains [4] - Basic metals, chicken, civil explosives, and virtual power plant sectors led the losses [4] - The semiconductor sector continued to rise, driven by the establishment of the National Integrated Circuit Industry Investment Fund III with a registered capital of 3440 billion RMB [4] - The aerospace sector surged following the successful launch of four satellites for the "Tianqi Constellation" [4] - The automotive sector rose due to policies promoting the elimination of old vehicles and the development of new energy vehicles [5] Industry Insights - The National Integrated Circuit Industry Investment Fund supports the semiconductor industry's upgrade and transformation, particularly in advanced process technologies and high-end equipment manufacturing [4] - The "Tianqi Constellation" aims to achieve global coverage and meet data collection needs across various industries, including forestry, agriculture, emergency response, and smart cities [4] - The automotive industry is expected to benefit from the development of new energy vehicles, with a focus on intelligent driving and domestic substitution [5] Market Sentiment - Market sentiment was low with more declining stocks than advancing ones, and a poor赚钱效应 [4] - The market lacked热点, with only a few sectors like semiconductors and satellites showing strength [5] - The adjustment of the three major indices was consistent, with pressure on the Shanghai Composite Index and adjustments in the Shenzhen Component and ChiNext indices [5] Future Outlook - Short-term adjustments are due to policy落地 and lack of new提振动力, but the中期震荡上行的格局 remains unchanged [13] - The stabilization of the real estate market is crucial for macroeconomic stability, with expectations of narrowing declines in real estate sales [13] - Investors are advised to focus on core assets and绩优蓝筹及成长股, while avoiding ST stocks and垃圾股 [13]

金点策略晨报—每周报告 2024 年 6 月 3 日 星期一 研究员：惠祥凤 执业证书号：S0990513100001 联系电话：0755-83007028 Email：huixf@ydzq.sgcc.com.cn | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------| | 【A股大势研判】 | | | 弱势格局下耐心等待市场企稳，市场走强或需政策进一步发力 | | | 一、上周五市场回顾 不振，板块继续轮动。市场热点匮乏，除半导体及卫星等少数热点走强外，有色、地产 | 周五晨早短信提醒，周四沪深三大指数涨跌不一，市场重心下行，成交依旧萎靡 | | 等板块跌势扩大并进一步蔓延 ...

| --- | --- | |------------------------------------------------------------------------------------|----------------------------| | 【A股大势研判】 | | | 指数小幅震荡，个股表现不佳，规避五类股票 | | | 一、周一市场综述 | | | 周一晨报提醒，从数据上看， 5 月制造业 PMI 为 49.5% | ，制造业景气水平有所回落， | | 并且重新跌回荣枯线下方，表明当前内需不足下，在一定程度上影响近期市场的情绪； | | | 从盘面上看，近期市场主线不明确，成交持续萎缩，行业板块轮动速度加快，板块轮动 | | | 的背后，主要还是增量资金缺失，而赚钱效应减弱下阶段抛压增强；从政策面上看，在 | | | 政策纷纷落地以及提振情绪减弱之际，又缺乏新的上行动能，沪深三大指数先后迎来调 | | | 整也在预期之中。短期可能延续弱势格局，建议投资者耐心等待市场企稳。继续规避 | ST | | 股、垃圾股及问题股。 | | | 市场走势如我们的预期，周一早盘，沪深三大指数开盘涨跌 ...

研究员：惠祥凤 执业证书号：S0990513100001 联系电话：0755-83007028 Email：huixf@ydzq.sgcc.com.cn 第 1 页 第 2 页 住房。5 月 17 日，央行"四箭齐发"稳楼市。取消全国层面首套住房和二套住房商业性 个人住房贷款利率政策下限，下调个人住房公积金贷款利率 0.25 个百分点，5 年以下（含 5 年）和 5 年以上首套个人住房公积金贷款利率分别调整为 2.35%和 2.85%，首套住房商 业性个人住房贷款最低首付款比例调整为不低于 15%，二套住房商业性个人住房贷款最 低首付款比例调整为不低于 25%。设立 3000 亿再贷款，支持地方国企收购库存商品房。 自央行 5 月 17 日新政发布后，多地相继跟进落实首付比例、房贷利率等方面的调整。 武汉有银行执行首套首付 15%，首套房贷利率由 3.55%降至 3.25%；长沙首套及二套房首 付比例 15%、25%，首套、二套房贷利率降为 3.65%、3.95%。预计未来各地首付比例及 房贷利率将会陆续下调。短期看，政策持续释放以及供需有望改善之下，将给行业以及 板块带来短期的提振，推动板块短期的回升，结构 ...

| --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | 中药、消费电子等板块涨幅居前，公用事业、煤炭、航运港口、光伏设备等板块跌幅居 | | 前；题材股方面，民爆、云游戏、多模态 AI 、人脑工程、数字经济、人工智能等题材股 涨幅居前，合成生物等题材股跌幅居前。 | | 整体上，个股涨多跌少，市场情绪一般，赚钱效应一般，两市成交额 8246 | | 截止收盘，上证指数报 3145.77 点，下跌 2.25 点，跌幅 0.07% ，总成交额 3700.70 | | 深证成指报 9668.73 点，下跌 4.59 点，跌幅 0.05% ，总成交额 4544.92 亿；创业板指报 | | 1855.60 点，下跌 4.77 点，跌幅 0.26% ，总成交额 1923.41 亿；科创 50 指报 760.30 下跌 3.39 点， ...

金点策略晨报—每日报告 2024 年 5 月 17 日 星期五 第 1 页 第 2 页 第 3 页 | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------| | | | | | | | 公司。对于 A | 股市场整体走势，我们维持近期的观点不变，震荡回升仍是主基调。绩优 | | 蓝筹、成长股及题材股均有机会，踏准板块轮动节奏。仅供参考。 ...