A-share market morning express | A-share market opens high and goes up, all three major indexes up by about 1%! The household appliance sector collectively rises.
16/01/2025
GMT Eight
On January 16th, the three major indexes collectively opened higher. By 9:40, the Shanghai Composite Index rose by 0.87%, the Shenzhen Component Index rose by 1.36%, and the ChiNext Index rose by 1.65%.
In terms of market trends, the household appliances sector as well as the oil and gas, Little Red Book concept, and precious metals sectors were leading in terms of index gains. The Siasun Robot & Automation concept was also active, with no sectors showing losses in the two markets.
In terms of main capital flow, funds favored industries such as household appliance components and communication equipment, while funds were leaving industries like internet e-commerce and furniture products.
Institutional Views:
- Sinolink expects further implementation of the "reserve cut" in the short term to be an important signal for the restoration of market risk appetite, and believes that incremental fund rotation will drive the market towards a "counterattack".
- BOC International believes that the market stabilization conditions depend on the resolution of external risks.
- CICC predicts that the Fed may reduce interest rates twice in the first half of the year.
- Orient believes that the market is likely to show a pattern of fluctuation and rise in the mid-term.
Popular Sectors:
- The Little Red Book concept continued to surge, with several companies in the field experiencing gains.
- Household appliance stocks collectively rose, with several companies experiencing significant increases.
- The Siasun Robot & Automation concept was active, with companies like Zhejiang XCC Group reaching historic highs.
Overall, market trends are positive, with a focus on various sectors experiencing growth and potential for further market improvement.Technology Corporation6 hit a limit up; Jiangsu Hengli Hydraulic surged to the limit; iSoftStone Information Technology rose more than 10%; Shanghai Hajime Advanced Material Technology, DINGS, Miracle Automation Engineering, and others followed the trend.Review: On the news front, Beijing plans to host the main event in August this year, focusing on the participation of Siasun Robot&Automation in the humanoid category, as well as peripheral events focusing on human-machine interaction.
This article is republished from "Tencent Self-Selected Stocks", edited by GMTEight: Chen Xiaoyi.