Surprise or Not

Weekly Reflections

Following the trend and speculating on hot spots will lose sooner or later, and the loss will be very fast. This time, following the trend and speculating on the “carbon neutrality” concept Feida Environmental Protection, from floating profit to floating loss, and finally cutting the meat and leaving. Originally, I hadn’t followed the trend and speculated on concepts for a long time, but analyzing the “carbon neutrality” concept is a rare hot theme in the recent market, so I followed the trend and speculated, and also vowed that this is an epic concept comparable to the “millennium plan” Xiong’an New Area, but forgot that the concept stocks of the millennium plan back then were also a mess in the end. In fact, I didn’t forget it at all. When I bought Feida Environmental Protection this time, I also thought that the concept stocks would collapse, but I still bought it with a gambler’s mentality, and finally lost money. It was a bloody lesson. What about the value investment mentioned?

And recently, there is a thing going viral in the social circle today. An aunt in Dalian bought 50,000 yuan of Changchun High-tech in 2008, and then forgot about it. Recently, she went to cancel her account and found that there were more than 5 million yuan. The old lady was stimulated and couldn’t stand steadily. Fortunately, the securities company employees supported her. The stock price of Changchun High-tech has risen by more than 10,000% from 2008 to now, and it is indeed true that 50,000 has become 5 million.

Facts have proved that as long as you buy a good company and hold it for a long time, don’t chase the rise and fall every day, and don’t speculate, A-shares will indeed give you a surprise.

Weekly Events

On April 23, the China Securities Regulatory Commission and the Shanghai and Shenzhen Stock Exchanges simultaneously made a decision to formally accept the application for the first batch of 4 infrastructure public offering REITs projects. Market participants predict that if everything goes well, the first batch of public offering REITs will be listed on the exchange as early as mid-to-late June. This also means that trillion-level new investment products are about to be launched.

Weekly Market

Period: 2021-04-19——2021-04-24

4-week review: The three major indices rose together on the last trading day of this week. Whether this is a periodic low or a rebound remains to be verified next week. The top three wind industry gains were daily chemicals, gas, and office supplies; the top three declines were oil, chemical fiber, and motorcycles. The top three wind concept gains were ST cap removal, UHV, and air transport; the top three declines were rare earth, carbon black, and propylene.

3-week review: The three major indices rose together on the last trading day of this week. It can be basically confirmed that it is a rebound rather than a periodic pullback. The top three wind industry gains were semiconductors, liquor, and water affairs; the top three declines were forestry, environmental protection, and cultural media. Wind concept semiconductor packaging, semiconductors, and national big fund indices; the top three declines were Beautiful China, PM2.5, and elevator indices.

2-week review: The three major indices fell together this week. The top three wind industry gains were shipping, steel, and leisure products; the top three declines were catering and tourism, aviation, and power generation equipment. Wind concept hydrogen energy, semiconductors, and Hainan Free Trade Zone; the top three declines were trust heavy holdings, servers, and sewage treatment.

1-week review: The three major indices fell together this week. The top three wind industry gains were office, leisure products, and automobiles; the top three declines were papermaking, furniture, and education. Wind concept liquor, digital currency, and COVID-19 detection; the top three declines were tungsten ore, rare earth, and MLCC.

This week review: The three major indices rose slightly this week. The top three wind industry gains were daily chemicals, healthcare, and biotechnology; the top three declines were leisure products, oil and gas, and forestry indices. Wind concept vaccines, lithium batteries, and yellow rice wine; the top three declines were HNA series, aquatic products, and Hainan Free Trade Zone.

Market (%)	Index	This Week	1 Week Ago	2 Weeks Ago	3 Weeks Ago
Shanghai Composite Index	3474.17	1.39	-0.7	-0.45	1.93
Shenzhen Component Index	14351.86	4.6	-0.67	-1.19	2.56
ChiNext Index	2994.49	7.58	0	-1.14	3.89
Hang Seng Index	29078.75	0.38	0.94	0.42	3.73
HSCEI	1114.13	0.42	1.21	-1.04	1.87
Hang Seng HK Chinese Enterprises	4129.71	-0.36	1.89	-2.33	0.94
Dow Jones Index	34043.49	-0.46	1.18	1.95	1.64
Nasdaq	14016.81	-0.25	1.09	3.12	3.87
S&P 500 Index	4180.17	-0.13	1.37	2.71	2.82

Market (CNY, Billion)	This Week	Previous Week	2 Weeks Ago	3 Weeks Ago
Shanghai Stock Connect	67.92	247.09	-57.57	-3.16
Shenzhen Stock Connect	40.50	121.94	4.32	-96.23
Hong Kong Stock Connect	240.25	50.39	14.6	40.48

Positions

Code	Name	This Period Dynamic
SH600526	Feida Environmental Protection	Clear
LKCO	Luokung Technology	Flat
F260104	Invesco Great Wall Domestic Demand Growth	Flat
F002083	Xinhua Xin Dongli Flexible Allocation A	Flat
F166301	Huashang New Trend Flexible Allocation A	Flat
F163406	Xingquan Herun Hybrid	Flat
F005534	Huaxia New Era Hybrid	Flat