Market Weakness &Nbsp; Shanghai And Shenzhen New Low

Rare earth permanent magnet plate stocks fell, many shares

Bank shares are strong, Huaxia Bank, Minsheng Bank and so on.

Two cities yesterday

At the close, the Shanghai stock index reported 2317.28 points, down 14.09 points, or 0.60%, and traded at 43 billion 700 million yuan. The Shenzhen composite index reported 9697.21 points, down 99.02 points, or 1.01%, and traded at 39 billion 800 million yuan.

This week, stock index fell 4.69%, Shenzhen index fell 7.10%, and gem index fell 8.06%.

Disk: weight maintenance weak

In terms of stocks, over two of the 70% stocks in the stock market fell, Zhongtian city investment and Dayuan shares closed up, and more than 5% stocks were numbered, and more than 30 stocks of Sheng Tong, Yin Xin Technology, Lanzhou minbai, Chu Ling information and Yuan Wang valley were down.

Plate, insurance, banking, wine and a few plates rose, rare earth permanent magnet, education media, aerospace industry and other most of the plate fell.

The Chinese government announced the State Council's opinions on strengthening the key work of environmental protection.

In this way, the early rise of the environmental protection industry has been dragged down by the big market, and the trend of individual stocks has weakened.

Bank stocks were strong in recent times, and the sector was at the top. Huaxia Bank and Minsheng Bank rose by about 2%.

Rare earth permanent magnet plate stocks fell, galactic magnets, Zhongke Sanhuan, Zheng Hai magnetic material, Jiang powder magnetic material and many other limit.

The media entertainment sector ended its recent strong performance, with stocks falling across the board, and sky boat culture and Anhui new media dropped by more than 5%.

Institutional view: look at the bottom and see more.

Investment in Tai Mo: the performance of the two cities is relatively lower than that of the banking sector, while the high valuation plate represented by the gem and the small and medium sized board has dropped sharply, especially in the early strong varieties.

From the early economic data, the trend of economic downturn has been established. Under the background of economic downturn, the profitability of small businesses will be greatly reduced. The reason for supporting the high value of small and medium board stocks is no longer valid. Therefore, in the market panic, the high valuation sector will have a painful valuation regression process.

It is suggested that investors avoid small cap stocks with high valuations and high price earnings ratio and strong cyclical stocks such as colored and coal, which are more affected by the economic downturn.

The heavier position can reduce the position when the market rebounded technically, and the lighter position is not recommended to blindly copy the bottom, or wait patiently for the first time.

Guo Cheng Investment: short-term market may continue to shock bottom market, the market downturn has not fundamentally improved, the risk of short-term operation is still relatively large, investors can not arbitrarily catch up; in the medium-term market, securities, banks and other weight plate valuation advantage has begun to appear, investors can bargain layout to make long-term investment in value.