Closing comprehensive review
A shares:
A shares fell again today, the three major stock indexes hit a new low since the adjustment, and the Shanghai index fell below the 3400 point mark. Less than 300 stocks rose in the two cities, more than 4300 stocks fell, and more than 100 stocks fell by the limit and fell by more than 10%. As of the close, the Shanghai Composite Index fell 1.78%, the Shenzhen composite index fell 2.77% and the gem index fell 3.25%. On the disk, industry sectors fell across the board, subject stocks fell sharply, digital currency, information security, domestic software, cloud computing, data center and other sectors collectively fell sharply, while banks, covid-19 drugs and other sectors fell relatively less.
Shanxi Securities Co.Ltd(002500) said it remained relatively optimistic about the market after the Spring Festival. The recent continuous correction of the market is not due to the deterioration of China’s fundamentals, but more due to the impact of the external market and short-term market sentiment fluctuations. The Fed’s interest rate increase plan is about to be implemented, and the probability of the full outbreak of geopolitical risks is also low. The continuation of China’s countercyclical and cross cyclical regulation is expected to maintain a reasonable margin of market liquidity, and the disturbance of the epidemic is gradually receding, The market is expected to usher in a counterattack opportunity. To take a step back, the current domestic and foreign environment is relatively complex, and the market is still accompanied by some uncertainty. However, the sectors such as medicine and biology and national defense and military industry, which have fallen sharply recently, have built a safety margin. It is suggested to bargain hunting before the festival to lay out the large blue chip targets in the undervalued sectors such as finance, military industry and traditional Chinese medicine, and pay attention to the differentiation in the high boom track stocks.
Hong Kong stocks:
All three major indexes of Hong Kong stocks fell. As of the close, the Hang Seng Index fell 1.99%, the red chip index fell 1.14% and the state-owned enterprise index fell 2.6%. The Hang Seng technology index fell 3.81%. Education stocks and technology stocks led the decline. China Education Holdings fell about 24%, Minsheng education fell about 18%, and New Oriental online fell about 15%; BiliBili fell about 10%, Alibaba fell more than 7% and meituan fell nearly 7%.
Asia Pacific Stock Market:
The Nikkei 225 index fell 3.11% and South Korea’s Kospi index fell 3.5%.
count a shares:
1. The turnover of the two cities was 822.972 billion yuan, less than trillion yuan for five consecutive days.
2. The total net sales of northbound funds were 14.624 billion yuan, including 7.724 billion yuan for Shanghai Stock connect and 6.9 billion yuan for Shenzhen Stock connect. The transaction amount of northbound capital was 106.017 billion yuan, accounting for 12.99% of the total transaction amount of a shares, and the trading activity increased by 4.78%.
3. The net outflow of the main funds of the two cities was 27.652 billion yuan, the net purchase amount of the main funds obtained from medicine, biology and mining ranked first, and the net sales amount of computers, electronics and electrical equipment by the main funds ranked first.
Hot spot focus
1. Li Keqiang: facing the new downward pressure of economic development, we will strengthen the cross cyclical adjustment of macro policies
On the occasion of the Spring Festival, Premier Li Keqiang cordially met with representatives of foreign experts working in China and had discussions and exchanges in Beijing on the afternoon of January 26. Li Keqiang pointed out that in the face of new downward pressure on economic development, we will strengthen cross cyclical adjustment of macro policies and keep the economy running within a reasonable range. We will strengthen targeted regulation, take timely and effective measures to deal with difficulties and challenges, stabilize market expectations and boost market confidence. We will step up efforts to help enterprises in their plight, implement a large-scale combined tax and fee reduction policy, continue to reduce the financing costs of enterprises, especially small, medium-sized and micro enterprises, take multiple measures to expand effective demand, and help market players with great difficulties and more jobs to tide over the difficulties. We will further deepen reform, constantly optimize the business environment and promote the common development of economies under all forms of ownership.
2. Bureau of Statistics: in 2021, the profits of Industrial Enterprises above designated size increased by 34.3% year-on-year
National Bureau of Statistics: in 2021, industrial enterprises above Designated Size achieved a total profit of 8709.21 billion yuan, an increase of 34.3% over the previous year, 39.8% over 2019 and an average increase of 18.2% over the two years.
3. Ministry of Commerce: the national online retail sales increased by 14.1% year-on-year in 2021
Gao Feng, a spokesman for the Ministry of Commerce, said that in 2021, China’s online retail market maintained steady growth, became an important force in stabilizing growth, ensuring employment and promoting consumption, and made positive contributions to promoting the construction of a new development pattern. According to the data of the National Bureau of statistics, in 2021, the national online retail sales reached 13.1 trillion yuan, a year-on-year increase of 14.1%, and the growth rate was 3.2 percentage points faster than that of the previous year.
4. The industry department of the national development and Reform Commission organized a seminar on the development of new energy vehicle power battery industry
According to the NDRC, recently, the responsible comrades of the Industrial Development Department of the NDRC organized a video seminar on the development of new energy vehicle power battery industry, which was attended by representatives of relevant industry associations, research institutions, backbone enterprises, investment funds and other units. The participants summarized the development of new energy vehicles and power battery industry in 2021, held discussions around the development situation of power battery industry, the direction of technological innovation, upstream and downstream coordination of industrial chain and other topics, and put forward opinions and suggestions on improving the supply chain level of power battery industry chain of new energy vehicles and promoting the high-quality development of the industry.
5. Six public offering Giants: self purchase of more than 500 million! In addition, Zhang Kun and Zhu Shaoxing’s subscription was greatly relaxed
Near the Spring Festival, A-Shares are falling endlessly, and the public offering giants and top flow fund managers have made joint moves! On January 27, e fund announced that based on its confidence in the long-term healthy and stable development of China’s capital market, the company invested 100 million yuan on January 27 to subscribe for the company’s active partial share public offering fund and promised to hold it for no less than one year. On the same day, within 30 trading days from the date of GF’s announcement, apply for the equity public offering fund of the company with the inherent capital of 80 million yuan; China Southern Fund has invested no less than 50 million yuan to purchase its partial share public offering fund and has held it for more than 3 years.
The data of Galaxy Securities Fund Research Center also shows that at present, the maximum public offering can buy A-Shares is more than 710 billion yuan. According to the news of fund sales channels, during the sharp decline at the beginning of the year in 2022, there was an obvious net capital inflow trend in the main sales channels, and top flow fund managers such as Zhang Kun and Zhu Shaoxing also made a move to open subscription for their funds. Investors have a better investment tool with the help of “bottom reading” A shares of public funds.
Company news
1. Shangyao Cansino Biologics Inc(688185) single dose covid-19 vaccine mass production and listing “vaccine super factory” completed
On January 27, the mass production and listing ceremony of covid-19 vaccine produced by Shanghai Shangyao Cansino Biologics Inc(688185) biopharmaceutical Co., Ltd. was held in Baoshan District, Shanghai. After the “made in Shanghai” covid-19 vaccine is launched, it is expected to greatly improve the localized and sustainable supply capacity of covid-19 vaccine in Shanghai.
The covid-19 vaccine produced and listed in Shanghai this time is called “keweisha”, which is the only single shot covid-19 vaccine among the seven covid-19 vaccines approved for use in China so far. It was approved for conditional listing in China on February 25, 2021. Because one dose is effective and the protection is formed rapidly in 14 days, it can realize mass vaccination faster.
2, Tongfu Microelectronics Co.Ltd(002156) : the net profit in 2021 is expected to increase by 174.8% – 195.48%
Tongfu Microelectronics Co.Ltd(002156) (002156) announced on January 27 that the company’s pre profit in 2021 was 930 million yuan – 1 billion yuan, with a year-on-year increase of 174.8% – 195.48%. In 2021, the company actively deployed the packaging technology and production capacity of chipet, 2.5d/3d, fan out, wafer level and flip chip welding in the application fields of high-performance computing, memory, automotive electronics, display driver and 5g, forming a differentiated competitive advantage. Some projects and products crossed the break even point and began to enter the harvest period in 2021, and the core business continued to grow.
3, Hubei Yihua Chemical Industry Co.Ltd(000422) : the net profit in 2021 is expected to increase by 1195% – 1368%
Hubei Yihua Chemical Industry Co.Ltd(000422) (000422) announced on January 27 that the company’s pre profit in 2021 was 1.5 billion yuan – 1.7 billion yuan, with a year-on-year increase of 1195.39% – 1368.11%. In 2021, the company’s business situation was good, the production unit load level was high and stable, the market price of leading products increased sharply, and the company’s net profit in a single quarter in the fourth quarter decreased significantly compared with that in the third quarter. In addition, in recent days, the synthetic ammonia and urea units of the company combined with chemical industry and Xinjiang Tianyun have fully resumed production.
4, Chengdu Corpro Technology Co.Ltd(300101) : the net profit in 2021 will increase by 73.67% – 103.45%
Chengdu Corpro Technology Co.Ltd(300101) (300101) released the performance forecast on January 27. It is estimated that the net profit attributable to the parent company will be 140 million yuan to 164 million yuan in 2021, with a year-on-year increase of 73.67% – 103.45%. During the reporting period, the business development of all sectors continued to improve, especially benefiting from the growth of market demand in the integrated circuit industry. During the reporting period, the sales revenue of the company’s integrated circuit business increased significantly year-on-year compared with that of other business sectors; Meanwhile, by strengthening the market sales of key products and accelerating the introduction of new products, the sales revenue of Beidou navigation and positioning terminal increased over the same period of last year.
5, Yunnan Copper Co.Ltd(000878) : the net profit in 2021 is expected to increase by 58% – 78% year-on-year
Yunnan Copper Co.Ltd(000878) (000878) released the performance forecast on January 27. It is estimated that the net profit attributable to the parent company will be 600 million yuan to 675 million yuan in 2021, with a year-on-year increase of 58% – 78%. During the reporting period, the company continued lean management, improved management efficiency, maintained good operating conditions, and increased investment income (including the impact of increased profits of associates and joint ventures due to rising market prices). The non recurring profit and loss in the reporting period was mainly the increased profit of 218 million yuan from the disposal of subsidiaries.
6, Tianjin Zhonghuan Semiconductor Co.Ltd(002129) : the net profit in 2021 is expected to increase by 248.95% – 285.68%
Tianjin Zhonghuan Semiconductor Co.Ltd(002129) (002129) released the performance forecast on January 27. It is estimated that the net profit attributable to the parent company in 2021 will be 3.8-4.2 billion yuan, with a year-on-year increase of 248.95% – 285.68%. In 2021, the production capacity of the company’s semiconductor photovoltaic 210 products accelerated, the silicon wafer output rate and product a rate increased significantly, and the gross profit per unit product was improved to a great extent. The company’s semiconductor materials business released effective production capacity by accelerating the commissioning of new production lines, improved product supply capacity, significantly increased the production and sales scale year-on-year, and further improved the product structure.
7, Jiangsu Guotai International Group Co.Ltd(002091) : it is proposed to invest 1.51 billion yuan to build a 300000 ton / a lithium ion battery electrolyte project
Jiangsu Guotai International Group Co.Ltd(002091) (002091) announced on January 27 that Ruitai new material, the holding subsidiary of the company, plans to set up a wholly-owned subsidiary Quzhou Ruitai new energy materials Co., Ltd. with its own or self raised capital of 500 million yuan to invest in the construction of a 300000 ton lithium-ion battery electrolyte project with a total investment of 1.51 billion yuan and a construction period of 24 months.
