Zhang Jianping Pre-Market Analysis

Market Overview

US Markets

Dow -0.16%, Nasdaq +0.86%, S&P500 +0.30%. Mixed but stable.

SHCOMP: 3959, -1.70%, BELOW MA60
CSI300: 4714, BELOW MA60
SZCOMP: 14821, -3.22%
ChiNext: 3812, -3.69%
STAR50: 1597, BELOW MA20

5-day trend (SHCOMP): 4075-4084-4058-4028-3959 (accelerating decline) Breadth: 317 up / 2027 down / 10 flat (1:6.4 ratio, extremely weak)

Environment: WEAK

SHCOMP MA20 at 4112, current 3959, -3.7% deviation. Trend breakdown. Operation: No new stock selection today, position management only.

Main Theme Prediction

No main theme in breakdown. All rebounds are technical, not uptrend. Watch only: Heavy machinery, Agriculture, Oversold tech bounce.

Candidate Pool

No new candidates. Weak market, stop screening.

Position Analysis

Stock 1 (000048) - Reduce via T-trading

PE: Negative (loss), no institution coverage, no valuation anchor. Turnover 3.2B below 10B threshold. Price 14.74 above MA5/MA10. Action: Reduce on rallies.

Stock 2 (002361) - Take Profit on Limit Up

Limit up +9.99%, 5day +22.7%, volume ratio 2.05. PE: Huge loss, no anchor. All shares T+1 locked. Action: Sell if not limit up tomorrow.

Stock 3 (600031) - Hold, Has Anchor

Price 19.51, +4.61% on brutal day. PE 21.3, 27 institutions. Broker target 25.45, +30.4% upside. Strongest conviction. Action: Hold. Stop loss below MA5 (18.48).

Stock 4 (000977) - Oversold but Deep Anchor

Price 57.89, below MA5/MA10, 5day -10.9%. PE 33.3, 16 institutions. Broker target 86.93, +50.2% upside. Contradiction: selling + deep anchor. Action: Small position, hold and watch.

Stock 5 (000829) - Dead Position

-75.6% loss. No action.

Master Zhang Comment

Today, not operating IS the best operation. SHCOMP below MA60, 3 major indices all broken, breadth 1:6.4. Just wait. Wait for SHCOMP to stabilize above MA20 (4112), then find the dragon. No trend, no war. Empty position is also a position.

Zhang Jianping QingLong-1 Pre-Market Analysis | Jun 9, 2026