On February 8, the three major A-share indexes fell and rebounded. As of the close, the Shanghai index rose 0.67%, the Shenzhen composite index fell 0.98% and the gem index fell 2.45%. Individual stocks rose more or fell less, and more than 3600 stocks were popular.
In terms of sectors, the tourism sector strengthened against the trend, Anhui Jiuhuashan Tourism Development Co.Ltd(603199) , Xi’An Qujiang Cultural Tourism Co.Ltd(600706) , Guangzhou Lingnan Group Holdings Company Limited(000524) and other four stocks rose by the limit, Guilin Tourism Corporation Limited(000978) , Zhang Jia Jie Tourism Group Co.Ltd(000430) , Tibet Tourism Co.Ltd(600749) and other stocks rose the most. In terms of news, according to official data, 251 million people traveled during the seven-day Spring Festival holiday in 2022, a year-on-year decrease of 2%, and recovered to 73.9% in the same period of the Spring Festival holiday in 2019 according to comparable standards; China’s tourism revenue reached 289.198 billion yuan, a year-on-year decrease of 3.9%, and recovered to 56.3% during the Spring Festival holiday in 2019.
Infrastructure stocks continued to strengthen in the afternoon, Chongqing Construction Engineering Group Co.Ltd(600939) , Huitong group, Hongrun Construction Group Co.Ltd(002062) , Zhejiang Construction Investment Group Co.Ltd(002761) and other stocks rose the limit, and Shaanxi Construction Engineering Group Corporation Limited(600248) , Longjian Road&Bridge Co.Ltd(600853) , Shandong Hi-Speed Road&Bridge Co.Ltd(000498) , Zhejiang Communications Technology Co.Ltd(002061) and other stocks rose the most.
Coal stocks rose the most, Anyuan Coal Industry Group Co.Ltd(600397) , Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) , Henan Shenhuo Coal&Power Co.Ltd(000933) and other four stocks rose by the limit, Shanxi Lu’An Environmental Energydev.Co.Ltd(601699) , Pingdingshan Tianan Coal Mining Co.Ltd(601666) , Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) and others rose one after another.
Baijiu sector declined significantly. Anhui Yingjia Distillery Co.Ltd(603198) fell more than 5%, Anhui Gujing Distillery Company Limited(000596) , Anhui Kouzi Distillery Co.Ltd(603589) , Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) all fell more than 4%, Kweichow Moutai Co.Ltd(600519) fell 1.55%, Wuliangye Yibin Co.Ltd(000858) once fell sharply by 4.53%.
Contemporary Amperex Technology Co.Limited(300750) dived again, down more than 6% to 540.86 yuan, with a total market value of 1260.7 billion yuan.
Andon Health Co.Ltd(002432) near the closing, it touched the daily limit, reported at 61.56 yuan, and the turnover was nearly 5 billion yuan.
According to wind data, northbound funds left one after another in the afternoon, with a small net sales of 817 million yuan throughout the day. During the day, the Shanghai Stock connect net bought 2.113 billion yuan and the Shenzhen Stock connect net sold 2.93 billion yuan.
[institutional perspective]
Founder Securities Co.Ltd(601901) : at present, the adjustment of the A-share market is coming to an end, and the market situation in February is worth looking forward to. On the one hand, the current market adjustment range has been relatively sufficient; On the other hand, the Fed’s interest rate hike will not necessarily lead to the rise of China’s interest rate. The current market liquidity and policy environment are very friendly to the market. In the context of relatively abundant and friendly liquidity environment, low overall market valuation and the industrial logic of the zugra cycle of emerging industries, we are optimistic about the market performance of science and technology growth companies represented by new energy and TMT.
Everbright Securities Company Limited(601788) : the micro performance expectation in the near future is still rising. It is expected that the “spring agitation” will still arrive as scheduled. The credit data in January may become a “good start” signal for a shares. The investment direction is concerned with two main lines, the consumption line concerns the Baijiu and medicine with high certainty, and the popular consumer goods benefiting from the consumption stimulus policies and the logic of price rise. The main line of steady growth focuses on traditional infrastructure (machinery, building materials and construction) and new infrastructure (wind power and photovoltaic).
