A-share midday review | Index trend differentiation CPO concept strengthens again Commercial and retail sector rises

On December 9th, the index trend in the morning session was differentiated. By the midday close, the Shanghai Composite Index fell by 0.13%, the Shenzhen Component Index rose by 0.09%, and the Growth Enterprise Market Index rose by 1.07%. On the market, the CPO concept strengthened again, with Castech Inc. hitting a new historical high, Wuxi Taclink Optoelectronics Technology and Shaanxi Huada Science Technology leading the gains, followed by T&S Communications, Shenzhen Zesum Technology, among others; the Nvidia concept was active, with Hongbo Co., Ltd. hitting the limit up, Huaqin Technology, Shenzhen Megmeet Electrical, among others, following the uptrend; the power equipment sector rose, with Shenzhen Honor Electronic leading the gains, Shanghai Cooltech Power, Beijing Relpow Technology, among others, following the uptrend; the retail stocks rose, with Maoye Commercial, Fujian Dongbai hitting the limit up, Beijing Cuiwei Tower, Nanjing Business & Tourism Corp., Ltd., among others, following the uptrend; on the downside, non-ferrous metals fell, with Hainan concept stocks and other sectors leading the declines. Looking ahead, GF SEC believes that compared to the least fundamental month of November, the effectiveness of fundamental pricing will gradually strengthen in December. Hot Sectors: 1. CPO concept strengthens again. 2. Retail stocks rise. 3. Fujian sector becomes active again. Institutional Views: 1. GF SEC: December performance of large caps is better than small caps, dividend style temporarily dominant. 2. Orient Securities: The medium-term trend is still a consolidation, with TMT and upstream resources worth watching. This article is reproduced from "Tencent Stock Picks", edited by: Wang Qiujia.