A share continues to be strong? Seventy percent of private equity believes that A shares cause other markets but it is difficult to be independent

A share continues to be strong? Seventy percent of private equity believes that A shares cause other markets but it is difficult to be independent
On March 10, the A-share index closed up across the board, with the Shenzhen Composite Index and the GEM Index closing up by more than 2.6%.There are 3,141 stocks in the two cities, with 22 stocks in daily limit and 138 stocks in daily limit.From the survey results of the private placement ranking network, whether the A-share market outlook can still get a strong independent market in the global market turmoil, 71.15% growth private equity believes that there may be other capital markets in the A-share market, but it is difficult to say independent market under the impact of peripheral markets.But there are 28.85% of private equity believes that although the epidemic has caused a high degree of uncertainty in the global economy in the second half of the year, China has already taken action to increase the expansion rate of traditional infrastructure and “new infrastructure” in order to ensure a steady recovery of the Chinese economy in the second half of the year.In terms of level, A shares are still a depression of global equity investment, so they still try to get out of the independent market.”A shares are less likely to fall seriously in the future, and they are likely to come out of a relatively independent market.”Liu Zhenghua, chairman of Zhiyuan Investment, said that the current domestic epidemic is nearing its end and a comprehensive reorganization is under way.The current domestic and international liquidity environment is very loose.The S50 A50 dividend yield has greatly exceeded the 10-year Treasury bond rate.Due to the temporary breakdown of negotiations between Saudi Arabia and Russia on oil production cuts, which caused oil prices to fall, China is the world ‘s largest oil importer. It should be said that the decline in oil prices constitutes a cost reduction for most industries.However, Xingshi Investment recently stated that in the medium term, the drop in crude oil prices will help reduce the company’s production costs and thereby increase the profits of related companies; but this impact is lagging, and may be in the next one or two quarters.Only in the short term will A shares follow the global capital market’s decline. In fact, they are more reflected in the decline in demand and the panic of deflation in the future.Therefore, whether it is oil prices or capital markets in the future, the key lies in the degree of prevention and control of the epidemic in countries around the world. If the epidemic can be well controlled, then the decline in demand may only be a short-term change rather than a long-term trend.With the recovery of future demand, the impact of the Black Swan incident on the capital market will gradually be lifted.Huang Songjie, a partner of CEIBS and the director of the Hedge Trading Department, also said that the proportion and impact of overseas funds on A shares in the past two years are gradually increasing, so it is generally more difficult to get out of the independent market.However, as the development of China’s new crown epidemic has come to an end, the spread of overseas epidemics is still accelerating.Therefore, the domestic economy will take the lead in stabilizing, and relatively speaking, A shares will be stronger than overseas stock markets.New Jiezhe Fund Manager Luo Jie believes that under the background that A-shares are becoming more and more internationalized and global capital markets are becoming more and more closely linked, and peripheral markets are undergoing shock adjustments, it is difficult for A-shares to get out of the independent market.Shicheng Investment once again spoke on March 8, saying that the short-term stance of the A-share market is becoming more cautious.Over the past week, the A-share mainstream index has rebounded by about 5% (which has been restored to the level before the outbreak), and there is a lack of sufficient foundation, especially considering that the outbreak is still erupting in some countries and no strong prevention and control measures have been seen.Shicheng Investment believes that the strong performance of the market in the past few weeks has not taken into account some potential risk points, and then the market needs to digest these risk points before leaving a reasonable space for sustainable systemic opportunities.But even so, structural opportunities still exist.In the selection of specific directions, with several quarters as the inspection cycle, in addition to some consumer goods companies with sufficient deep protection of Chenghe, it may also be a new generation of information technology and medical service industries in the “new infrastructure”.Sauna, Ye Wang Zhang Shuxin editor Wang Jinyu proofreading Li Shihui