Today's stock market analysis and outlook (8.17)

time:2023-01-28 17:45:22 source:clevelanddrifters.com author:Education stock
Today's stock market analysis and outlook (8.17)

#Header Finance# #stock finance# #Financial News# [Selected news] State leaders presided over a symposium with the principals of major economic provinces in Shenzhen. The major economic provinces must bravely take the lead and tap their own policy potential to ensure the stability of market players economy, stabilize the employment of local and migrant workers. All provinces must adhere to a tight life, revitalize the financial stock funds, and ensure the balance of fiscal revenue and expenditure and the "three guarantees" at the grass-roots level. The National Health and Construction Commission proposed to guide local governments to gradually incorporate appropriate childbirth analgesia and assisted reproductive technology projects into the scope of medical insurance fund payment in accordance with procedures; the Three Gorges Reservoir will replenish about 500 million cubic meters of water in the middle and lower reaches of the Yangtze River in the next five days; it is reported that the regulatory authority has recently instructed Debt Credit Enhancement Investment Company carried out "full, unconditional and irrevocable joint and several liability guarantee" for medium-term notes issued by demonstration private housing companies such as Longfor Group and CIFI Holdings; State Grid emphasized the role of large power grid resource allocation and organized cross-regional and cross-provincial mutual aid , to provide maximum support for the power supply in Sichuan and Chongqing; Iran submitted a written reply to the EU on the latest draft of the Iran nuclear agreement negotiation, and Iranian advisers hinted that an agreement was closer than before; global zinc smelting giant Nyrstar said it would close its factories from September 1. The Budel zinc smelter in the Netherlands. [Important Announcement] Shuanghui Development's interim reported net profit of 2.73 billion yuan increased by 7.62% year-on-year; China Telecom's interim reported net profit of 18.291 billion yuan increased by 3.1% year-on-year; Nanjing Bank's acquisition of the controlling stake in Suning Consumer Finance Co., Ltd. received regulatory approval; Mubang Gaokeni Construction of a 10GW TOPCON photovoltaic cell production base project in Echeng District. The investment scale of the project is expected to be 4.8 billion yuan; the Ningde Times Sichuan Yibin factory has been shut down due to power curtailment, and the power curtailment period will be from August 15 to August 20; China Huarong estimates a net loss of 18.88 billion yuan in the first half of this year. [External disk dynamics] The three major U.S. stock indexes were mixed overnight. The Dow rose 0.71%, the S&P 500 rose 0.19%, and the Nasdaq fell 0.19%. The retail and industrial metal sectors were the top gainers, 3B Home Furnishings rose more than 29%, Kohl's rose more than 6%, and Walmart and Macy's rose more than 5%. Oil and gas energy and semiconductors were the top decliners, while Solar Power and Chilean Mining Chemicals fell more than 5%. Most of the popular Chinese concept stocks fell, Zhihu fell by more than 7%, Daily Youxian fell by more than 6%, Lili Automobile fell by more than 4%, and Pinduoduo fell by more than 3%. [Market Review] On Tuesday, the Shanghai Index hit 3,300 points again without success, and photovoltaics led the rise for two consecutive days. Electric power and new energy opened strongly under the stimulus of power cuts news, and new energy vehicles recovered significantly. The surge in the Ningde era led to a new high in the index refresh stage. Real estate also performed under the expectation of interest rate cuts, but the Shanghai index encountered resistance again at the 3300 mark, and funds chased higher Under the weak will, new energy fell back intraday, and the pork sector showed some performance. In the afternoon, Hong Kong stocks dived rapidly, and major indexes fluctuated lower. The Shanghai Index edged up 0.05% throughout the day, and the Genesis Index rose 0.47%. The transaction volume in the two markets topped trillions of yuan, and the capital from the north made net purchases for the fourth consecutive day. [Today's Outlook] The index fell after hitting a new high on Tuesday, and the market is still short of volume to drive the index to break through, or continue to maintain a rapid rotation of hot spots. After the market policy, the growth will be stabilized, and the LPR interest rate cut expectation this month is superimposed. The short-term real estate infrastructure is expected to increase attention. , you can pay due attention to low-level rotation opportunities.

(Responsible editor:Aerospace stock)

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