Index tracking
[Shanghai and Shenzhen composite index] Shanghai Composite Index rose 0.04% to close at 3524.11 points; The Shenzhen Component Index rose 0.37% to close at 14081.80; The gem index rose 0.72% to close at 3056.43.
[industry tracking] industry: 13 industries rose and 17 industries fell. Among them, power equipment, non-ferrous metals and petrochemical sectors led the increase, with increases of 2.09%, 1.52% and 1.44% respectively. Comprehensive, food and beverage, transportation and other sectors led the decline, with a decline of – 1.49%, – 1.21% and – 1.04%.
Comments
The power equipment sector led the increase. Recently, the national development and Reform Commission and other seven departments jointly issued the implementation plan for promoting green consumption, which proposed encouraging measures such as “vigorously promoting new energy vehicles, gradually abolishing the purchase restrictions of new energy vehicles everywhere” and “government agencies will take the lead in procurement”. The plan proposes to vigorously promote new energy vehicles, gradually eliminate restrictions on the purchase of new energy vehicles in various regions, promote the implementation of supporting policies such as free travel and right of way, strengthen the construction of supporting infrastructure such as charging and changing electricity, new energy storage and hydrogenation, and actively promote the development of vehicle and marine LNG. News catalytic superposition recently, the new energy related sectors fell sharply, and the valuation fell to a reasonable range, so the sector strengthened. In terms of individual stocks, Yingkou Jinchen Machinery Co.Ltd(603396) , Shenzhen Auto Electric Power Plant Co.Ltd(002227) , Shandong Fengyuan Chemical Co.Ltd(002805) and other individual stocks rose by the limit. The non-ferrous metal sector rose significantly, mainly led by new energy related metals. The rise comes from the continuous rise in the price of battery grade lithium carbonate. According to the data released by Shanghai Ganglian E-Commerce Holdings Co.Ltd(300226) , the current maximum quotation of battery grade lithium carbonate has exceeded 370000 yuan / ton. On the supply side, the power restriction in various regions and the gas restriction policy in heating season in Qinghai affect the lithium output, superimposed with the restriction of international transportation due to the epidemic, the short-term imbalance between supply and demand of lithium salt, and on the demand side, The high prospect of the new energy industry drives the demand for related metals. In terms of individual stocks, Ganfeng Lithium Co.Ltd(002460) , Sinomine Resource Group Co.Ltd(002738) limit.
In terms of concept sector, the digital currency sector rose by the limit. Overseas, the Federal Reserve recently released “money and payment: the dollar in the era of digital change”; As for China, the 14th five year plan for the development of digital economy clearly stipulates that by 2025, the added value of core industries of digital economy will account for 10% of China’s GDP. At the same time, with the Winter Olympics approaching, digital RMB will test the key scenario in the “10 + 1” pilot system – cross-border payment. In terms of individual stocks, Shenzhen Emperor Technology Company Limited(300546) , Szzt Electronics Co.Ltd(002197) , Yunnan Nantian Electronics Information Co.Ltd(000948) and other individual stocks rose by the limit.
Outlook
Today, the index opened lower and strengthened, with a net capital inflow of more than 2 billion yuan in the north. In the short term, the Chinese market is still disturbed by the decline of overseas markets and the increase of interest rates by the Federal Reserve. However, in the medium and long term, the tone of China’s “steady growth” this year is clear, and the follow-up fiscal and monetary policies are expected to continue to work, so it is not appropriate to be overly pessimistic. In the future, the current market has entered the pre disclosure period of the annual report. It is suggested that more layout should be supported by performance, small increase in the early stage and national strategy.
Risk warning: the profit of the enterprise is less than expected; Increased volatility in overseas markets; Systemic risk
