Netease Finance November 11th The market opened low and walked down all day.The overall turnover of the Shanghai and Shenzhen cities was 251 trillion yuan, a shrinkage of 173.8 billion from the previous trading day.
On the disk, chip stocks continue to explode, Guoxin Technology, Canxin, , refined electronics, Yongsilian electronics and other daily limitEssenceNew energy track stocks such as lithium batteries have stronger shocks, and Manshang, Ganfeng Lithium Industry, Tiannai Technology, Pioneer Smart, Zijiang Enterprise and other daily limit.AI concept stocks have launched a rebound, of which ZTE, the daily limit of ZTE, the dawn of China Science and Technology, and Zhejiang Universitys new daily limit;Satellite navigation concept stocks have performed active performance, and the daily limit of China Weitong, Zhongzhuangzhuang, Shanghai Shanghai Workers, and Longzhou shares.In terms of decline, Hainan local stocks have been adjusted, and HNA Holding has a limit.
The overall stock rose more, and the market over 3900 stocks rose.
In terms of sectors, semiconductors, SORA concepts, solid batteries, CPOs and other sectors have increased, and Hainan, banks, coal, food processing and other sectors have fallen.
As of the closing, the Shanghai Index rose 0.51%, the deep index rose 2.03%, and the GEM index rose 3.05%.
Institutional views
CICC: Relatively optimistic about the growth style of the broader market
CICC believes that comprehensive macro environmental changes, index trend structure, transaction distribution, technical indicators, etc., we believe that A shares currently have certain macro expectations support, the micro structure is neutral, and the transaction volume can be on the market.Carry out a certain bottom, and pay attention to structural conditions in the future.In terms of style rotation, it is relatively optimistic about the growth style of the broader market in November.
Guotai Junan: The market will still game incremental policy expectations.Before the meeting gave the market for incremental policy in 2025, the market still gammed incremental policy expectations, promoting market shocks and rotation.The market will still be repeated up and down, and the directional decision is at the end of the year.Whether policy orientation can move from "expanding currency" to "expanding credit" is the key to whether the market can be pushed again.Overseas boots are landing, domestic fiscal efforts, and the direction of incremental policy in the next stage is clear, which is good for the main lines such as debt and expansion of domestic demand.
Haitong Securities: fiscal policy exerts or promotes A shares to the fundamental driving
Haitong Securities believes that the U.S. election is landing and overseas ushered inThe change, Trump advocates tax cuts internally, tariffs, supporting traditional energy and manufacturing backflow, have a double impact on the US economy.Under the new policy orientation of Trump, US stocks may have support, US debt interest rates or upward, the US dollar is strong for a long time, the gold market is to be continued, and energy prices are under pressure.The internal cause is a key variable that affects A shares. The current domestic policy has now been present. The fiscal policy is exerting or promoting the A -share direction of the fundamentals. Structural focusing on the main line technology manufacturing and mid -to -high -end manufacturing.
