March 13 Wealth Code

Ruifeng High-Performance Materials, Beijing Kerey, Hanlan Co., Ltd., Shuangyi Technology [Taogu Bar]

Personal opinions for reference only

1. Market Forecast: Today, the Shanghai Composite Index dipped slightly by 0.1% after testing lows, barely holding the 4100-point level. Trading volume shrank to 2.46 trillion yuan, with over 3,800 stocks declining, highlighting a loss-making effect. Overnight, U.S. stocks showed mixed performance, and the A50 night session slightly declined by 0.14%. There were no major negative news from overseas.

Due to Friday’s trading and weekend effects, risk-averse sentiment increased. The market is expected to continue narrow fluctuations tomorrow, with a core range of 4100-4140 points. 4100 points serve as a strong support; no panic is needed if it holds. Consider adding positions if the index breaks through 4140 with increased volume; if it drops below 4100 with volume, reduce positions decisively to avoid risks.

2. Key Focus Areas: Electric Power / Computing Power Collaboration: Today, it performed countertrend and strengthened. It was first included in the government work report, focusing on smart grids and new power systems. Focus on leading stocks with high recognition, mainly low-dip buying, avoiding weaker AI computing power and optical modules. With the upcoming Nvidia GTC conference, the sector adjusted for consolidation today. Key targets include optical modules, liquid cooling, and core domestic semiconductor substitutes. Only buy leading stocks with performance support on dips; avoid chasing falling stocks.

Consumer Electronics: The AWE exhibition opens tomorrow, and the Ministry of Commerce’s consumer season starts. Catalysts include home appliances, smart terminals, and embodied intelligence. Focus on low-position rebound stocks; do not chase high.

Energy Defense: Coal, oil, and gas benefit from rising international oil prices and risk-avoidance demand. Focus on leading stocks in the front row, quick entry and exit, avoid chasing highs.

3. Practical Rules: Position Control: Do not fully deploy on Friday; mainly hold 30-50% of positions, reserve cash for weekend news changes, allowing offensive or defensive flexibility. Trading Principles: Only buy on dips, avoid chasing highs as tolerance for high positions is very low. Focus on core leading stocks; avoid weaker stocks in the back row. Position Management: Take profits gradually on stocks with gains, lock in profits; do not blindly cut losses on stocks that do not break key support. If volume breaks support, cut losses decisively; do not hold onto losing positions. Opening new positions: avoid trying new trades; only engage in high-confidence opportunities within your capacity.

4. Risk Warning: Weekend news is uncertain, especially related to overseas policies and geopolitical conflicts. Avoid heavy overnight positions. Be cautious of the retreat risk in high-flying themes like AI and military industry. Watch for capital rotation; do not take unnecessary risks. With the Federal Reserve’s March interest rate meeting approaching and rate cut expectations delayed, external volatility may transmit to A-shares.

Stock Comments: Lüfa Power: A leading stock in power sector rebound, expected to accelerate today, but watch if funds are fully realized. Yesterday, the market tested lows and then recovered, which may have exhausted the momentum for today’s rebound. Observe trading volume—only a volume over 100 billion yuan can offset yesterday’s profit-taking. Focus on computing power collaboration, especially green power concepts, which are core; stock selection can be an added advantage.

Ningbo Construction (sh601789), Yunnan Energy Control (sz001896), Lüfa Power (sz000537), China Energy Construction (sh601868), Jinniu Chemical (sh600722)