A-share midday report | ChiNext index rose by 0.41%, flu sector surged, consumer stocks continued to decline.

On January 6th, the three major indexes of A shares opened with mixed gains and losses, maintaining a narrow and volatile trend. By the close of trading, the Shanghai Composite Index fell by 0.15%, the Shenzhen Component Index rose by 0.19%, and the ChiNext Index rose by 0.41%. In terms of market performance, the pharmaceutical industry chain, including flu, weight-loss drugs, and generic drugs, saw gains; while the retail, group buying, and internet e-commerce sectors related to consumer goods saw significant declines. In terms of main capital flow, funds favored the retail, e-commerce, and wind power equipment industries; while funds fled from the chemical pharmaceutical, consumer electronics, optical and optoelectronic industries. Institutional perspectives: Looking ahead, China Securities Co., Ltd. released a research report stating that the underlying logic of the bull market has not been disrupted, and the goal of reversing deflation is still clear. If substantive policy measures are implemented in the future, the market is expected to stabilize and launch an offensive market trend, with pullbacks presenting opportunities for positioning. Haitong Securities: Historical trends show that at the end of the year and the beginning of the new year, value styles in the market tend to dominate. China Securities Co., Ltd.: Short-term pullbacks present opportunities, medium-term bull market remains unchanged. Huatai Securities: Spring market still has a foundation, but trading rhythm needs to be mastered. Popular Sectors: 1. Influenza concept was active at the beginning of the market, with several pharmaceutical companies seeing gains. 2. CPO concept stocks were strong, following the rise of companies like Cig Shanghai. 3. Consumer goods sector continued to decline, with companies in retail and liquor industries seeing significant drops.