Hot! A Shares Three Index Rose More Than 5%, Turnover Of 10406 Billion Yuan!

The national weather is getting warmer and A shares are booming. On the 25 day, the domestic stock market, on the basis of seven consecutive weekly rises, jumped high and opened up sharply, and the stock index rose more than 150 points a day, recovering 2900 points. The turnover of two cities exceeded one trillion, and brokerage stocks were rare. Is the bull market really coming?


Three major stock index to recover the annual line


Since the beginning of 2019, the stock index has risen by over 400 points, and has recovered 2500 points, 2600 points, 2700 points, 2800 points, 2900 points and five integer points, and constantly brushed the new high in the new year.


On the 25 day, the three major indexes jumped to a higher level, and the general trend continued. The market sentiment was optimistic. The stock index of Shanghai stock index, Shenzhen Shenzhen stock index and gem index all stood on the same line for the last three years.


At the close, the Shanghai stock index reported 2961.28 points, up 5.6%; the Shenzhen composite index was 9134.58 points, up 5.59%; the index reported 1536.37 points, up 5.5%.


At the key integer point, the Shanghai stock index recovered strongly after 2800 points last Friday, and on the 25 day, it recovered strongly 2900 points, hit 8 month high. The Shenzhen Composite Index rose nearly 500 points, and crossed 9000 points, pointing to 10000 points.


Two cities turnover exceeded trillion barrier


After the Spring Festival, the volume of A shares is rising step by step, like climbing stairs. Over the past week, the volume of spanactions has been huge and maintained at a high level, and has broken through 500 billion yuan and 600 billion juncture.


10406 billion yuan! On the 25 day, A shares released the volume of turnover. In the market, the enthusiasm of funds continued to rise, and only 13 stocks fell in the two cities.


The spanaction volume of a single stock index is longer than that of the previous trading day. Shanghai stock index is trading at 466 billion yuan a day, the highest since November 2015.


Brokerage stocks rare collective limit


25, the stock market continued strong, 42 brokerage stocks collective trading, continue to lead the financial stocks to consolidate the market's spring offensive. * carding shows that since the Spring Festival, the brokerage sector has increased by over 36%, becoming the most profitable segment of the lunar year.


The rise of brokerage firms is often a harbinger of bull market. When the bull market started in 2015, brokerage firms took the lead in leading the stock market, because the bull market meant a high volume of stock market and brought positive results to the brokerage business.


CITIC Securities believes that in 2019, the securities industry is expected to expand its business boundaries in expanding the financing channels of science and technology enterprises, supporting the integration of resources in traditional industries, assisting foreign investment in China, and investing in China, so as to raise the net asset yield level at a margin and steadily raise its long-term value.


Technology stocks lay the foundation for the "spring offensive"


Together with brokerages, A shares have also led the rise of 5G stocks. As the most clear investment theme in the market, 5G concept stocks broke out earlier this year.


5G concept plate rose 28% after the Spring Festival, and OLED stocks rose more than 40%, becoming the backbone of the A share that led the technology sector.


HUAWEI stocks rose more than 6% on 25 days. On the evening of 24, HUAWEI launched its first 5G folding screen mobile phone Mate X, and the 8+512GB version priced at 2299 euros, equivalent to about 17500 yuan. HUAWEI's Mate X mobile phone was launched and released on micro-blog's hot search list.


Is the bull market coming?


Pan Xiangdong, chief economist of new era securities, thinks that the rise of A shares is mainly due to the wide credit effect, the easing of market liquidity and the influx of overseas funds. "Credit and social financing are expected to affect the stock market through three channels: to improve risk preference; the market is expected to improve the earnings of subsequent enterprises; risk free interest rates fall to increase valuations."


After a substantial rise, many A share investors are most concerned about the question: can the spring offensive continue?


Zhang Qiyao, an analyst with Guosheng securities, said that the Chinese government has issued a series of policies in recent years to promote the market to increase its preferences and increase the probability of the Sino US trade negotiations slowing down. The technology intensive and intensive rotation is expected to further strengthen the A share.


"The upward trend of the A share market is not over yet," Ping An Securities latest report points out, but under the influence of overheated market sentiment and financial regulatory policies and regulations, short-term volatility and volatility are inevitable.