The expectation of steady growth was rising year by year, and the large infrastructure sector dominated by Chinese prefix made a good start.
On the first trading day of the year of the tiger, A-Shares made a good start, the Shanghai stock index rose 3400 points, the Shanghai and Shenzhen 300 index and the gem index rose 1.54% and 0.31% respectively. More than 3500 stocks rose throughout the day, and 7 stocks such as Shenzhen Institute Of Building Research Co.Ltd(300675) , Henan Provincial Communications Planning & Design Institute Co.Ltd(300732) , Hualan Group Co.Ltd(301027) , Changsha Dialine New Material Sci.&Tech.Co.Ltd(300700) , Haimo Technologies Group Corp(300084) , Deshi shares and Shanghai Huahongjitong Smart System Co.Ltd(300330) gained a 20cm trading limit.
In terms of news, the relevant person in charge of the national development and Reform Commission recently said that there were many uncertain factors in the first quarter of this year. We should appropriately move the policy starting point forward, make early arrangements, start early and achieve early results, and meet various challenges with a stable economic operation situation. We will promptly introduce a series of policies and measures to implement the strategy of expanding domestic demand. Timely study and put forward targeted measures to revitalize industrial operation. Carry out infrastructure investment moderately ahead of schedule and strive to form more physical workload in the first quarter.
Boosted by various positive factors, the main funds rushed to raise large infrastructure sectors today, and the net inflow of main funds in architectural decoration, non-ferrous metals, steel, basic chemical industry, building materials and other industries exceeded 1 billion yuan. Industry leaders with Chinese initials are sought after by funds, and the net inflow of main funds such as Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) , China Energy Engineering Corporation Limited(601868) , China State Construction Engineering Corporation Limited(601668) , China Railway Construction Corporation Limited(601186) , Metallurgical Corporation Of China Ltd(601618) exceeds 100 million yuan.
policies continue to work
institutions are optimistic about infrastructure investment potential
On the eve of the Spring Festival, the Ministry of Finance announced the latest financial revenue and expenditure. According to the data, the proportion of general public financial expenditure invested in infrastructure related fields continued to rise in the current month. In December 2021, the general public finance invested 882.5 billion yuan in infrastructure related expenditure in the current month (including energy conservation and environmental protection, urban and rural community affairs, agriculture, forestry and water affairs, transportation). In terms of the proportion of expenditure, in December 2021, the proportion of infrastructure expenditure in the general public financial expenditure of the month increased by 3.2 percentage points to 27.2%, the highest in the whole year.
At the beginning of 2022, it is expected that the workload of capital construction and capital injection of Huachuang securities will increase steadily in the first quarter of 2022, which is expected to drive the steady growth of capital construction projects in the first quarter of 2022.
Orient Securities Company Limited(600958) said that the national financial work conference held by the Ministry of finance at the end of 2021 and the press conference on fiscal revenue and expenditure in 2021 mentioned the expressions of "maintaining fiscal expenditure at a high level", "organic combination of cross cycle and counter cycle regulation" and "giving better play to the driving role of effective investment", At the same time, the outline of the national 14th five year plan issued in 2021 and the national major regional development strategy involve a large number of projects, which is expected to further enrich the project reserve and promote the improvement of investment.
Chinese prefix stocks outperformed the market after new year's day
the most profitable company earns 313 million a day
Among many large infrastructure stocks, the stocks with Chinese prefix are mostly the leaders in various subdivided fields. Data treasure statistics show that as of February 7, the market value of Chinese prefix A shares totaled 7.59 trillion, exceeding the market value of banking, electronics, medicine, biology and other industries. Since new year's day, the Chinese prefix index has increased by 0.76%, outperforming the Shanghai index by more than 6 percentage points in the same period.
According to the calculation of the lower limit of net profit in the performance express and forecast, among the Chinese prefix stocks that have published relevant data, the net profit of 80% of the stocks in 2021 is expected to increase year-on-year, and the net profit of 11 stocks is expected to double, such as Cosco Shipping Holdings Co.Ltd(601919) , Sinochem International Corporation(600500) , Aluminum Corporation Of China Limited(601600) , Petrochina Company Limited(601857) , Cosco Shipping Development Company Limited(601866) . Cosco Shipping Holdings Co.Ltd(601919) it is estimated that the net profit last year was about 89.28 billion yuan, a year-on-year increase of 799.3%, which is equivalent to the company's daily profit of 245 million yuan in 2021. China Mobile's profit is higher. The company expects the net profit last year to be 114.307 billion yuan to 116.464 billion yuan, with a year-on-year increase of 6% to 8%. According to the lower limit, the company will earn 313 million yuan a day in 2021.
According to data treasure statistics, from the latest valuation level, there are 16 Chinese prefix stocks with a rolling P / E ratio of less than 10 times. The lowest P / E ratio is Cosco Shipping Holdings Co.Ltd(601919) , and the company's latest rolling P / E ratio is 3.59 times. Many institutions predict that the net profit of Cosco Shipping Holdings Co.Ltd(601919) will exceed 10 billion in 2022. Among them, the latest research report of China Securities Co.Ltd(601066) will raise the target price of the stock to 39 yuan / share, which has more than doubled compared with the latest closing price.
Among the Chinese prefix stocks with the above P / E ratio at the single digit level, according to the rough calculation of the average transaction price, the increased holdings of Beishang capital since January include Ping An Insurance (Group) Company Of China Ltd(601318) , China State Construction Engineering Corporation Limited(601668) , China Railway Group Limited(601390) , Bank Of China Limited(601988) , China Pacific Insurance (Group) Co.Ltd(601601) , China Petroleum & Chemical Corporation(600028) , The People'S Insurance Company (Group) Of China Limited(601319) .
chip bull stocks encounter black opening in the year of the tiger
On the eve of the Spring Festival, a large number of companies successively disclosed performance forecast and express data. Some companies suffered door hacking on the first trading day of the year of the tiger due to pre loss or less than expected performance. Taking Hunan Goke Microelectronics Co.Ltd(300672) as an example, the company released a performance forecast on January 28. It is estimated that the net profit attributable to the parent company in 2021 will be 250 million yuan to 300 million yuan, with a year-on-year increase of 252.83% to 323.4%. In contrast, based on the expected median value, the net profit of the company in the fourth quarter of 2021 was only about 94 million, a decline of more than 50% compared with the third quarter.
Less than five minutes after opening today, Hunan Goke Microelectronics Co.Ltd(300672) share price suffered a limit. As of the closing, the limit was 190 million yuan. In the year of the tiger, the value of the stock market decreased by 5.36 billion. According to the latest number of shareholders of the company of 18200, the average household loss was nearly 290000. Some investors said that this new year gift is really unbearable.
Among the stocks with the highest decline today, the pre loss of performance accounted for the majority. According to the statistics of data treasure, Shenzhen Ruihe Construction Decoration Co.Ltd(002620) , Shenzhen Das Intellitech Co.Ltd(002421) , Guangdong Taiantang Pharmaceutical Co.Ltd(002433) , Dr.Peng Telecom&Media Group Co.Ltd(600804) , Zhejiang Wanliyang Co.Ltd(002434) and other stocks issued performance forecasts on January 28. The net profit was in the state of loss in advance, and the share price recorded a limit at the close of today.
