The opening red envelope of the year of the tiger arrived as scheduled, and the capital flowing northward significantly exceeded 6 billion yuan.
A shares made a good start and the profit-making effect increased
The world is looking forward to the opening of A-Shares today. During the Spring Festival, the peripheral stock markets were restless, the Asia Pacific stock market performed better, and the European and American stock markets rose and fell sharply.
Today is the first trading day of the year of the tiger in the lunar calendar. In early trading, the Shanghai composite index opened at 3400 points. As of midday closing, the three major indexes rose across the board, with the Shanghai index up 1.91%, the Shenzhen Component Index up 1.04% and the gem index up 0.48%. The market value of A shares increased by 1.23 trillion yuan as a whole. According to the number of total shareholders, the average net income of each household was 5128 yuan.
In terms of sectors, only agriculture, forestry, animal husbandry and fishery, social services and media sectors fell slightly, architectural decoration, petroleum and petrochemical, building materials and other industries rose sharply, and the large infrastructure central enterprise sector erupted again. In terms of individual stocks, has more than 300 stocks with an increase of more than 5%, only more than 100 stocks with a decrease of more than 5%, and four stocks have a “20cm” limit, including Haimo Technologies Group Corp(300084) , Henan Provincial Communications Planning & Design Institute Co.Ltd(300732) , Deshi shares, etc. Suna Co.Ltd(002417) once staged the Earth Sky board. Before the festival, the company predicted performance or losses. As of the noon closing, the company still rose 7%.
There are two main catalysts for the rise in early trading, first, during the Spring Festival, the peripheral stock markets rose sharply. As the second capital market with the world’s total market value, the rise of A-Shares is also a probability event driven by external factors. Second, before the festival, the central bank carried out 700 billion yuan medium-term lending facility (MLF) operation and 100 billion yuan open market reverse repurchase operation to hedge the impact of short-term factors such as the peak of tax period in January and cash delivery before the Spring Festival in advance. more importantly, the interest rates of the two major policies were reduced by 10 basis points this time, which released the loose signal of monetary policy moving forward.
Market analysis generally believes that the central bank’s care for liquidity before the festival will continue to the post Festival, so as to reflect the foresight, stability, pertinence, effectiveness and autonomy of monetary policy.
The performance of capital is also very active. Before the festival, the funds going north continued to flow out net. On the first day after the festival, northbound funds had a significant net inflow of 6.105 billion yuan , of which the Shanghai Stock connect had a net inflow of 6.016 billion yuan and the Shenzhen Stock connect had a net inflow of 89 million yuan.
From the perspective of institutional funds, non ferrous metals, building decoration, power equipment and other four industries received a net inflow of institutional funds of more than 1 billion yuan. Automobiles, petroleum and petrochemicals received a net inflow of more than 500 million yuan. In addition, banks and non bank finance in the financial sector received a total capital increase of nearly 2 billion yuan, and the two sectors increased by more than 2% this morning.
The recent closing price of more than 200 shares hit a new low in recent ten years
The week before the Spring Festival, the Shanghai stock index fell 4.57%, the highest decline in nearly 48 weeks, and the closing prices of many stocks also hit new lows. According to the statistics of securities times · databao, the lowest closing price in the three trading days before the Spring Festival is the lowest stock in recent ten years (listed for more than three months from January 26 to January 28). There are 213 stocks in total, including more than 20 stocks in electronics, medicine, biology, mechanical equipment and chemical industry. Among them, China Cifco Investment Co.Ltd(000996) , Shanghai Hongda New Material Co.Ltd(002211) , Zhongbai Holdings Group Co.Ltd(000759) were listed earlier. These individual stocks have been listed for more than ten years. Bank stocks such as Bank Of Qingdao Co.Ltd(002948) , Bank Of Xi’An Co.Ltd(600928) , Qingdao Rural Commercial Bank Corporation(002958) listed before 2020 are also included.
Further, the latest closing price of 34 shares (January 28) hit a new low in recent ten years, including The People’S Insurance Company (Group) Of China Limited(601319) , Quantumctek Co.Ltd(688027) , Pylon Technologies Co.Ltd(688063) . In terms of the degree of pullback, there are Shenzhen Urban Transport Planning Center Co.Ltd(301091) , Liaoning Chengda Biotechnology Co.Ltd(688739) , Rumere Co.Ltd(301088) and other four shares with pullback less than 25%; ST shares are the main ones with large pullbacks. In addition, Thinker Agricultural Machinery Co.Ltd(603789) , Sino Medical Sciences Technology Inc(688108) , Niutech Environment Technology Corporation(688309) and other pullbacks exceed 50%.
After the stock price fell sharply, the valuations of many companies returned to a reasonable range. According to the statistics of databao, there are 61 stocks whose latest P / E ratio of the above 213 shares is lower than the industry level. Compared with the industry valuation, there are 21 stocks with a discount of more than 30%, and the valuation discount of 6 stocks such as Eastern Pioneer Driving School Co.Ltd(603377) , Shanghai Zj Bio-Tech Co.Ltd(688317) is more than 60%; The valuation discount of 9 shares such as Wuhan Keqian Biology Co.Ltd(688526) , Dnake (Xiamen) Intelligent Technology Co.Ltd(300884) , Zhejiang Publishing & Media Co.Ltd(601921) is more than 40%.
For example, Winner Medical Co.Ltd(300888) has a latest P / E ratio of 17.4 times, and its beauty care industry (xinshenwan industry) has a P / E ratio of 47.11 times. The valuation of individual stocks is 63% lower than that of the industry; Power equipment stocks Xinjiang Daqo New Energy Co.Ltd(688303) , Zhejiang Tengen Electrics Co.Ltd(605066) have a P / E ratio of less than 20 times, and the industry valuation is close to 50 times.
The latest chips of 26 shares fell
According to the statistics of data treasure, the above 213 stocks fell to the bottom, and there were 26 stocks with concentrated chips in the latest period (January 20 compared with January 10), of which the number of shareholders of 23 shares decreased by more than 1% and 13 shares by more than 3%. The number of shareholders of electronic stocks Shenzhen King Brother Electronics Technology Co.Ltd(301041) and comprehensive industries Zhongjin Irradiation Incorporated Company(300962) decreased the most, both exceeding 8%; Hunan Resun Co.Ltd(001218) , Tianjin Yiyi Hygiene Products Co.Ltd(001206) decreased by more than 5%.
Five of the 26 shares were given the target price by the institution, and the latest closing price of Tianjin Yiyi Hygiene Products Co.Ltd(001206) with a sharp drop in chips has more than 25% room to rise compared with the target price of the institution. In addition, , Shenzhen Sosen Electronics Co.Ltd(301002) , Dongguan Yiheda Automation Co.Ltd(301029) , Shenzhen Bsc Technology Co.Ltd(300951) have more than 40% room for rise.
There are only six stocks whose latest valuation is lower than the industry level and chips are concentrated, including Zhongjin Irradiation Incorporated Company(300962) , Tianjin Yiyi Hygiene Products Co.Ltd(001206) , Shenzhen Sosen Electronics Co.Ltd(301002) . Among them, the performance of Zhongjin Irradiation Incorporated Company(300962) 2021 is expected to increase. The net profit of well-known contract sterilization and irradiation technology service chain enterprises outside China increased by 34% to 60% year-on-year in 2021. The decline of Shanghai Hajime Advanced Material Technology Co.Ltd(301000) , Tongxing Environmental Protection Technology Co.Ltd(003027) and Shenzhen Bsc Technology Co.Ltd(300951) chips was concentrated between 1% and 3%, and the valuations of the three shares were less than 26 times.
Statement: all information contents of databao do not constitute investment suggestions. The stock market is risky and investment should be cautious.
