Affected by the warming situation in the Middle East, blue chip stocks generally fell yesterday
Among blue chip stocks, Wanzhou International (00288) rose 2.20% and performed the best. The Hang Seng Index closed at 28087 points, down 234 points. The H-Share Index closed at 11079 points, down 118 points, and the market turnover was 96.5 billion yuan.
Since the US killed Iranian generals with rockets, the big city has been led by the situation in the Middle East
The Middle East is the world’s most important source of oil. Although human dependence on oil has declined, oil still plays a significant role in the global economy. If the US-Iran conflict worsens and Iran has the military strength to block oil exports from the Persian Gulf, international crude oil prices will likely rise above $ 100 a barrel. China, Japan and the EU are important global economies and are highly dependent on imported oil. High oil prices are bound to cause the already weak global economy to fall again, and global stock markets will also suffer.
Yesterday morning, Iran launched a missile attack on a US military base in Iraq, claiming that the attack killed 80 US military personnel. At the time of writing, there were no reports of casualties in the United States. If the death toll of the U.S. military is as high as 80 people, it is basically certain that the United States will retaliate, and a larger military conflict is inevitable. Fortunately, the Iranian foreign minister has said he does not seek to escalate the situation. During the 1991 Persian Gulf War, when the U.S. military attacked Iraq, U.S. stocks rose sharply. At that time, the U.S. stocks rose for a simple reason. Compared to the U.S. military, the Iraqi army was weak and the military expenditure was mainly paid by Kuwait and Saudi Arabia. Big money, can US stocks not rise? This time, the United States will pay for the war. Therefore, if the United States implements large-scale retaliation and bombards Iran, the global stock market may fall significantly.
Market strategy
If the number of U.S. military casualties is small, tensions between the United States and Iran may ease
The next focus will be on the contents of the first phase of China-US signing and documents. If the US-Iranian relationship does not deteriorate and the content of the first stage of negotiations is positive, it is believed that the big market will not fall sharply. After mid-February, listed companies will announce their results one after another. You can pay attention to those stocks that have increased their profits in 2018 and have paid high dividends. Large and medium-sized domestic banks meet these conditions. You can consider increasing your holdings of domestic banks at a low level.