New themes are gradually emerging as market styles shift between high and low, but the strength of the Technology mainline's recovery remains crucial.
Yesterday, the market continued to adjust, and all three major Indexes fell, returning to a consolidation structure in the short term.
On the same day, over 20 products from the three major "top" Indexes were approved, making the issuance market even more lively.
① Three major "top-tier" Indexes were approved on the same day; ② The issuance market will visibly become livelier; ③ What are their characteristics? The issuance rhythm is also a technical skill.
Express News | In overnight trading, US-listed Chinese companies' shares rebound, Alibaba and Bilibili climb 3%, EV makers surge. XPeng rises 5%, Li Auto up 4%, NIO Inc soars 7%. US-listed Chinese ETFs trade higher.
Cailian Press C50 wind direction Index survey: In March, the capital situation may marginally ease, and the market has an optimistic expectation of a reserve requirement ratio reduction.
① The market has certain expectations for a marginal easing of the funding situation in March; ② If there are no cuts in the reserve requirement ratio or the central bank resumes buying and selling government bonds, the probability of significantly lower funding rates is not high; ③ The combination of low prices and tariff disruptions increases the necessity and urgency for interest rate cuts and reserve requirement ratio reductions.
Founder Securities: The attractiveness of Assets in China is expected to continue to improve. In the short-term spring market, it is recommended to pay attention to the opportunity for value growth rebalancing.
Fangzheng Securities released a Research Report stating that overall, the attractiveness of Assets in China is expected to continue improving, which will drive the A-share market to move forward positively.
Goldman Sachs: The Chinese stock market is experiencing the "strongest start in history", this time it's different!
Goldman Sachs believes that this stock market rebound is fundamentally different from that of September last year: the policy shift in September eliminated left-tail risks, leading to a substantial revaluation of risk pricing; the recent rebound is more driven by technical breakthroughs and innovation, resulting in significant improvements in corporate profits and valuations, which may be more sustainable than a rebound purely driven by liquidity and policy expectations.
