Securities Times News, in early trading on the 27th, the Shanghai Composite Index fluctuated and rose, holding close to 3100 points. The Shenzhen Composite Index and the GEM Index weakened; half-day transactions in the two markets were less than 500 billion yuan.

As of the close of noon, the Shanghai Composite Index rose 0.0%markedplayingcards.37% reported 3,100markedplayingcardsAt.22 points, the Shenzhen Stock Exchange Index fell 0.27%, the GEM Index fell 0.65%, and the Shanghai Composite 50 Index rose 0.64%. The total transaction volume between the two cities was 478.1 billion yuan.

On the market, real estate, building materials, agriculture, semiconductors, pharmaceuticals and other sectors fell, logistics, electricity, coal, banking and other sectors rose, and virtual power plants, shipping concepts, and cross-border e-commerce concepts were active.

CICC stated that the recent phased adjustment in the A-share market does not mean that since FebruarymarkedplayingcardsThe repair market is over, and the main index is expected to resume its upward trend after adjustment. Although the current market valuation has been repaired, the forward P/E ratio of the Shanghai and Shenzhen 300 Index is only 10.5 times, which is still far from the historical average (the average in the past ten years is about 12.6 times), and profit expectations are expected after the first quarter.markedplayingcardsThe marginal repair of the company also contributes to the performance of the market outlook index. In terms of allocation, there are still opportunities for allocation in export chain industries and globally priced resource products against the background of better external demand; some price-increasing sectors such as utilities have attracted increased market attention; green sectors such as new energy focus on recent marginal changes in industrial policies, which will help reverse investor expectations.

Proofread by: Wang Jincheng