A股分析师前瞻：A股初显偏底部特征，哪些主线有望企稳反弹？

华尔街见闻2023-05-29

本周多家券商策略分析师认为，多项数据显示，A股底部渐近。中信建投策略陈果团队认为，市场可能形成复合底部。历史经验和基本面均提示当前市场已进入底部，进一步下行空间较小，6月困境反转可能到来。市场已经进入底部区域，但受制于国内经济与海外担忧止跌回升难以一蹴而就，构筑“U型”或“W型”的复合底部可能性较大。中金策略认为，从多项数据来看，A股初步显现偏底部特征。包括：1）沪深300指数前向市盈率重新回到...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

___康_康___
2023-05-30
___康_康___
怎么那么能吹牛，现在除了权重股在护盘哪来真正行情，看一下实体经济，A股就是政策市忽悠一些小韭菜吧，信不信还会跌穿三千点

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2339646007?lang=zh_CN&edition=full","thumbnail":"https://static.tigerbbs.com/ebb146d9df27844cb787ad545c50986d","is_english":false,"pubTime":"2023-05-29 09:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2339646007","market":"hk","top_or_hot":-1,"title":"A股分析师前瞻：A股初显偏底部特征，哪些主线有望企稳反弹？","media":"华尔街见闻","content":"<div>\n<p>本周多家券商策略分析师认为，多项数据显示，A股底部渐近。中信建投策略陈果团队认为，市场可能形成复合底部。历史经验和基本面均提示当前市场已进入底部，进一步下行空间较小，6月困境反转可能到来。市场已经进入底部区域，但受制于国内经济与海外担忧止跌回升难以一蹴而就，构筑“U型”或“W型”的复合底部可能性较大。中金策略认为，从多项数据来看，A股初步显现偏底部特征。包括：1）沪深300指数前向市盈率重新回到...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3689797\">网页链接</a>\n\n</div>\n","source":"wallstreetcn_api","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A股分析师前瞻：A股初显偏底部特征，哪些主线有望企稳反弹？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA股分析师前瞻：A股初显偏底部特征，哪些主线有望企稳反弹？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-29 09:56 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3689797><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>本周多家券商策略分析师认为，多项数据显示，A股底部渐近。中信建投策略陈果团队认为，市场可能形成复合底部。历史经验和基本面均提示当前市场已进入底部，进一步下行空间较小，6月困境反转可能到来。市场已经进入底部区域，但受制于国内经济与海外担忧止跌回升难以一蹴而就，构筑“U型”或“W型”的复合底部可能性较大。中金策略认为，从多项数据来看，A股初步显现偏底部特征。包括：1）沪深300指数前向市盈率重新回到...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3689797\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"000001.SH","symbol_name":"上证指数","start_time":0,"source_url":"https://wallstreetcn.com/articles/3689797","article_id":"2339646007","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/ebb146d9df27844cb787ad545c50986d"],"rights":{"source":"wallstreetcn_api","url":"https://wallstreetcn.com/articles/3689797","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2339646007","pubTimestamp":1685325404,"sourceInfo":{"source_id":"wallstreetcn_api","name":"华尔街见闻"},"weMediaInfo":null,"summary":"本周多家券商策略分析师认为，多项数据显示，A股底部渐近。中信建投策略陈果团队认为，市场可能形成复合底部。历史经验和基本面均提示当前市场已进入底部，进一步下行空间较小，6月困境反转可能到来。市场已经进入","collect":0,"end_time":0,"defaultTopTitle":"wallstreetcn.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"translate_title":"Outlook of A-share analysts: A-shares are beginning to show the characteristics of partial bottom, which main lines are expected to stabilize and rebound?","themeId":"","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/76bdecc2e366d5b07a0ec222b1ce66c6","symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9},"content_text":"本周多家券商策略分析师认为，多项数据显示，A股底部渐近。中信建投策略陈果团队认为，市场可能形成复合底部。历史经验和基本面均提示当前市场已进入底部，进一步下行空间较小，6月困境反转可能到来。市场已经进入底部区域，但受制于国内经济与海外担忧止跌回升难以一蹴而就，构筑“U型”或“W型”的复合底部可能性较大。中金策略认为，从多项数据来看，A股初步显现偏底部特征。包括：1）沪深300指数前向市盈率重新回到10X(历史均值为11.5X-12.5X)，处于历史偏低位，股权风险溢价上升至均值上方0.8倍标准差的位置，表明当前投资者风险偏好较低； 2）结合经济预期变化，十年期国债利率跌至2.69%，已接近去年10月底股市阶段底部时期位置（2022年10月31日低至2.64%）； 3）近期两市日成交额跌至8000亿元以下，按自由流通市值对应换手率跌至2%以下，已进入A股历史换手率偏底部区域（1%-2%）； 4）近期新基金发行遇冷，IPO也再度出现破发，以上往往也是A股历史常见的一些偏底部特征。历史上第一波上涨后，通常回吐前期涨幅的0.5-0.7，对比而言，这次万得全A和沪深300调整已较显著。海通策略荀玉根团队复盘发现，历次熊市见底后第一波上涨行情走完，市场往往会获利回吐，背后的原因是基本面还不够扎实。历次回吐过程中上证指数平均下跌46天（剔除2019年），上证指数、沪深300、万得全A、创业板指平均回撤13%左右、回吐前期上涨行情0.5-0.7左右的涨幅。这次上证指数调整幅度不及历史，但沪深300、创业板指的调整已经显著。而在看好的方向上，人工智能、半导体、中特估、顺周期等皆有以及。人工智能的反弹似乎更值得期待，如中银策略王君团队提及，AI主线或已率先企稳。兴证策略张启尧团队也统计发现，“数字经济”内部的交易拥挤度已显著回落，其中多数细分方向拥挤度压力已回落至低位，来自交易拥挤的风险已显著化解。更多A股券商策略观点如下：","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":181794303484080,"gmtCreate":1685410624229,"gmtModify":1685410779024,"author":{"id":"3559528613955099","authorId":"3559528613955099","name":"___康_康___","avatar":"https://static.tigerbbs.com/260bc43720c3371af7ef65058aae80c5","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"怎么那么能吹牛，现在除了权重股在护盘哪来真正行情，看一下实体经济，A股就是政策市忽悠一些小韭菜吧，信不信还会跌穿三千点","listText":"怎么那么能吹牛，现在除了权重股在护盘哪来真正行情，看一下实体经济，A股就是政策市忽悠一些小韭菜吧，信不信还会跌穿三千点","text":"怎么那么能吹牛，现在除了权重股在护盘哪来真正行情，看一下实体经济，A股就是政策市忽悠一些小韭菜吧，信不信还会跌穿三千点","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181794303484080","repostId":2339646007,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2339646007"}