On Tuesday, the three major A-share indexes opened lower and went higher. The Shanghai stock index achieved four consecutive positive days on the daily line and successfully recovered 3400 points, the first time since March 8 this year; Shenzhen Composite Index rose by more than 1%; The gem index rose 0.35%. Market sentiment rose sharply, with more than 100 shares trading in Shanghai and Shenzhen. Yesterday, the concept of consumption recovery represented by tourism and hotel sectors was active again, and the sectors such as automobile, airport and shipping also led the increase. The total turnover of the Shanghai and Shenzhen stock exchanges exceeded 1.2 trillion yuan, the fourth consecutive trading day; BEIXIANG capital bought a net 4.648 billion yuan throughout the day. Catering and tourism sector rose sharply Scenic spots and tourism sector led the day's rise yesterday. Western regions tourism, Zhongxin tourism, Lijiang shares and other stocks rose by the daily limit, while Yunnan tourism and Tibet tourism followed. In the catering sector, Xi'an's catering rose by the daily limit, while Quanjude and Tongqing buildings rose. In terms of news, on June 28, the comprehensive group of the joint prevention and control mechanism of the State Council released the ninth edition of the prevention and control plan for COVID-19, which adjusted the isolation and control time of close contacts and inbound personnel from "14 days of centralized isolation medical observation +7 days of home health monitoring" to "7 days of centralized isolation medical observation +3 days of home health monitoring". On the same day, Shanghai Disneyland officially announced that it would resume operation on June 30. In addition to the above news, the gradual recovery of multi provincial tourism and the continuous warming of the summer tourism market are also important reasons for the recovery of the aviation and tourism sectors. With the summer vacation of 2022 approaching, the demand for parent-child travel and graduation travel has increased significantly. The tourism search popularity related to "parent-child travel" on the same journey travel platform has increased by more than 100%, and the tourism search popularity related to "graduation travel" has increased by nearly 300%. Ctrip data shows that the booking volume of inter provincial group tour in the summer in the past week has increased by 291% on a weekly basis; Inter provincial hotel reservation in summer increased by 151% on a weekly basis; The order volume of Ctrip's "machine + wine" has increased rapidly since June, and the average daily order volume since June has surpassed that of the same period last year. The strength of tourism, hotels and other consumer sectors is due to the continuous improvement of the domestic epidemic prevention and control situation, and the market's confidence in the follow-up consumption repair is further boosted. Dongguan Securities said that the epidemic prevention and control situation continued to improve, and the circuit breaker range of inter provincial tourism was narrowed, and the domestic tourism demand recovered rapidly. Anxin Securities said that the deterministic inflection point of supply and demand superimposed on the upward fare, and the aviation industry is expected to usher in a round of growth cycle. Automobile sector is active again Auto stocks continued to strengthen yesterday. According to the choice data, the automobile sector index hit 1533.88, a record high. Within the sector, Dongfeng Motor, Chang'an Automobile, Haima automobile, Ankai bus and other stocks rose by the daily limit, of which Ankai bus has already gained 5 consecutive shares. In terms of Hong Kong stocks, auto stocks also strengthened significantly. BYD's shares rose by more than 4% at the close of trading, hitting an all-time high of HK $333 during the session. In addition, Great Wall Motors and Wuling motors also rose one after another. Although many challenges such as the impact of the epidemic, supply chain interference, rising raw material and logistics costs still restrict the global car market, the performance of new car sales in all countries in May was better than that in April. Among them, the performance of China's automobile market was the most brilliant, with production and sales both achieving a month on month increase of more than 50%, which greatly exceeded the industry's previous expectations. According to the Research Report of CITIC Securities, the policy stimulus is expected to bring about the recovery and repair of passenger car sales in the second half of the year. As the intelligent electric industry chain becomes more and more mature, it is expected that the sales volume of intelligent electric vehicles will continue to grow at a high speed, thus driving the segmentation investment opportunities of the industry chain. Institutions are generally optimistic about the future market Recently, a number of securities companies held a mid-term strategy meeting. Looking forward to the second half of the year, securities companies generally believe that a shares are expected to fluctuate upward, mainly in the structural market. Gaoshanwen, chief economist of Anxin securities, believes that the market has fallen to an extreme level by the end of April. At present, the market is still in a normal rebound process driven by valuation repair and improvement of fundamental factors. From the perspective of trading and fundamentals, the rebound will continue for a long time. In terms of configuration, linrongxiong, chief strategist of Anxin securities, said that in the volatile market, most of the core structural markets revolve around the growth style, and the leading industries tend to have high prosperity characteristics or have clear industrial logic. The current general direction is the industrial trend of the "14th five year plan", that is, green, high-end and digital intelligence. Industrial Securities believes that after the systematic adjustment since the beginning of the year, the "new semi army" (new energy, semiconductor and military industry) is expected to become the breakthrough direction in the second half of the year from the perspective of macro liquidity, prosperity and profitability, capital and valuation cost performance. Looking forward to the future, it is suggested to pay attention to the main line of certainty and high elasticity in terms of scientific and technological growth, and focus on the two main lines of epidemic repair and stable growth in large consumption. In terms of large consumption, on the one hand, it is suggested to focus on the alcohol, food, medicine under the recovery of consumption scenarios and the transportation industry benefiting from the improvement of transportation and travel according to the recovery expectation and the business cycle reversal chain; On the other hand, under the background of steady growth, white appliances in the post cycle chain of real estate will also benefit. (Xinhua News Agency)