After the A-share market opened higher and the bond bull market continued today, what will happen to the stock market and bond market in the future? At present, brokers are generally optimistic about both stocks and debts.At the close, the three A-share indexes all rose below 1%, the Shanghai Composite Index rose 0.59% to 3,422.66 points, the Shenzhen Component Index rose 0.75% to 10,812.58 points and the Growth Enterprise Market Index rose 0.69% to 2,264.05 points. The turnover of Shanghai and Shenzhen stock markets was 2.2 trillion, 565.7 billion more than the previous trading day. Humanoid robots, food processing, internet e-commerce, Sora concept and other sectors were among the top gainers, while the sectors of cultivating diamonds, coal, ports and electricity were among the top losers.Soochow securities said that "moderate easing" may mean that the interest rate cut is more than expected, and the liquidity is relaxed. Soochow securities believes that under the current loose monetary policy, next year will usher in the stage of "two bulls with stocks and debts", and it is expected that the yield of 10-year treasury bonds will drop to 1.5%.
When the market opened in early trading, the three major indexes of A shares put on a "bullish" posture. In the morning session, under the tone of "stabilizing the property market and improving investment efficiency", the three major indexes of A shares opened sharply higher. The Shanghai Composite Index opened 2.58% higher; Shenzhen Component Index opened 3.66% higher; Growth enterprise market index opened 4.88% higher, but the three major stock indexes then began to fluctuate downward, and there was no obvious rebound all day, and finally made up for the gap left by the early opening.A shares opened higher and went lower, and staged a "hair set" market. What happened behind it? Some of the latent funds have been cashed in, and the seesaw effect of stock bonds has reappeared. What will happen to the stock market and bond market in the future?In today's session, most of the hot spots opened higher and went lower or fell higher, and the rate of board explosion in the two cities was nearly 40%. Wind data shows that the share prices of 5,238 listed companies have dropped today. Among them, the maximum value is 21.81%, the arithmetic average is 3.76%, and the median value is 3.42%.
When the market opened in early trading, the three major indexes of A shares put on a "bullish" posture. In the morning session, under the tone of "stabilizing the property market and improving investment efficiency", the three major indexes of A shares opened sharply higher. The Shanghai Composite Index opened 2.58% higher; Shenzhen Component Index opened 3.66% higher; Growth enterprise market index opened 4.88% higher, but the three major stock indexes then began to fluctuate downward, and there was no obvious rebound all day, and finally made up for the gap left by the early opening.What will happen to the stock market and bond market in the future?CITIC Securities clearly pointed out that during the last round of moderate easing, the interest rate cut and RRR cut reached 150BP, and the stocks and debts were both bullish at first, and the stocks continued to rise in the later period, and the bonds fell. In 2011, the inflation reached more than 5%, and the economy was overheated. In the latest research report, CITIC Securities pointed out that debt bulls may continue in stages, and both stocks and debts can be expected. From the historical experience, for the bond market, mentioning "moderate easing" does not mean that the bull market is approaching, and the core of the duration of the debt bull lies in the sustainability of the subsequent wide money operation; For the stock market, compared with the expectation of wide money, the stock market deals with the boosting effect of wide money on the real economy, but this feature has been reversed in recent years. Looking forward to the follow-up, this meeting mentioned "strengthening unconventional countercyclical adjustment", which expressed the incremental policy space relatively positively, while the effectiveness of the previous policy tools was still not fully displayed at the data level, and the probability of the rapid exit of the wide currency was still small. Both stock and debt markets may have a strong foundation.
Strategy guide
12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13