【广发金工】AI识图关注电力、电网、公用事业

Market Performance - The Sci-Tech 50 Index decreased by 4.95% over the last five trading days, while the ChiNext Index fell by 2.45%. In contrast, the large-cap value stocks rose by 1.17%, and large-cap growth stocks declined by 1.10%. The Shanghai Stock Exchange 50 Index dropped by 1.54%, whereas the small-cap index represented by the CSI 2000 increased by 3.53%. The oil and coal sectors performed well, while media and non-ferrous metals lagged behind [1]. Valuation Levels - As of March 6, 2026, the static PE of the CSI All Share Index indicates an earnings yield (EP) of 2.47% when compared to the 10-year government bond yield. The two-standard deviation boundary is at 4.64%. The CSI All Share Index's PE TTM is at the 84th percentile, with the SSE 50 and CSI 300 at 72% and 75%, respectively. The ChiNext Index is close to 58%, while the CSI 500 and CSI 1000 are at 69% and 68%, respectively. The ChiNext Index's valuation is relatively at the historical median level [1]. ETF Fund Flows - In the last five trading days, ETF inflows amounted to 5 billion yuan, while the financing balance decreased by approximately 16 billion yuan. The average daily trading volume across the two markets was 26,212 billion yuan [2]. Industry Themes - The latest thematic allocation focuses on sectors such as electricity, power grids, and public utilities. This includes specific indices like the National Green Power Index, CSI Green Power Index, CSI All Share Power Utility Index, CSI All Share Utility Index, and CSI Power Grid Equipment Theme Index [2][3]. Long-term Market Sentiment - The proportion of stocks above the 200-day moving average is being tracked to gauge market sentiment [13]. Risk Preference Tracking - The risk preference between equity and bond assets is being monitored, reflecting investor sentiment towards riskier assets [14]. Financing Balance - The financing balance data indicates trends in investor leverage and market participation [16]. Individual Stock Performance - Statistics on individual stock performance year-to-date based on return ranges are being compiled to assess market dynamics [19]. Oversold Indices - Analysis of indices that are currently oversold is being conducted to identify potential buying opportunities [20].