Today (February 9), the three major stock indexes of A-Shares opened low. After the sharp pull at the beginning of trading, the stock index fell rapidly again. With the return of theme stocks, the stock index stabilized and rose again, and maintained a strong shock pattern.
From the disk point of view, the general rising market has intensified, "drinking and eating meat" has made a comeback, and the digital currency sector is also crazy. Boosted by the 14th five year plan for financial standardization, in terms of the concept of digital currency, Wuhan Tianyu Information Industry Co.Ltd(300205) , Chase Science Co.Ltd(300941) , Shenzhen Emperor Technology Company Limited(300546) "20cm" limit, Guangzhou Kingteller Technology Co.Ltd(002177) , Hyunion Holding Co.Ltd(002537) , Yunnan Nantian Electronics Information Co.Ltd(000948) , BOE, Beijing Cuiwei Tower Co.Ltd(603123) , Hengbao Co.Ltd(002104) , Szzt Electronics Co.Ltd(002197) 10cm "limit. In addition, Baijiu sector yesterday's rebound in the 9 day intraday rebound higher, Anhui Kouzi Distillery Co.Ltd(603589) trading, Anhui Yingjia Distillery Co.Ltd(603198) rose over 6%, Anhui Gujing Distillery Company Limited(000596) , Jiangsu King'S Luck Brewery Joint-Stock Co.Ltd(603369) , Jiangsu Yanghe Brewery Joint-Stock Co.Ltd(002304) and other gains in advance.
Everbright Securities Company Limited(601788) previously pointed out that the market still has the power to rebound in the near future. There is no need to remain pessimistic and continue to focus on individual stocks over the index. In terms of strategy, digital currency is expected to continue to strengthen, which can be paid appropriate attention. At the same time, infrastructure is still a hot spot in the short-term direction. In the medium and long term, China is expected to get out of the independent market and actively pay attention to sectors such as medicine, military industry, new energy and mandatory consumption.
At present, under the background of scattered A-share hotspots and intensified sector rotation, possible investment opportunities are hidden. Select some institutional research reports. Let's see what themes are available for reference.
[theme 1] digital currency
China Merchants Securities Co.Ltd(600999) mentioned that after the promotion of the Winter Olympic Games, the digital RMB will be further familiar to the market, and its industrial chain enterprises and traditional banking industry will benefit from it. On the one hand, digital RMB hardware equipment manufacturers will benefit from the market opportunities brought by digital RMB Hard Wallet, while software developers will benefit from the business growth brought by the upgrading of banking systems outside China. On the other hand, the cross-border application of digital RMB will benefit the traditional banking business through "spillover effect", with retail payment, foreign currency exchange and cross-border remittance bearing the brunt.
Guosheng Securities pointed out that it is optimistic about the opportunities that digital RMB may bring to relevant institutions by reconstructing China's electronic payment industry chain. Suggestions: 1. Bank acquiring service providers: card transfer, Lakala Payment Co.Ltd(300773) , Newland Digital Technology Co.Ltd(000997) ; 2. Financial IT / banking service providers: Shenzhen Forms Syntron Information Co.Ltd(300468) , Northking Information Technology Co.Ltd(002987) ; 3. Digital RMB related operating institutions: Industrial And Commercial Bank Of China Limited(601398) , Agricultural Bank Of China Limited(601288) , Bank Of China Limited(601988) , China Construction Bank Corporation(601939) , Bank Of Communications Co.Ltd(601328) , Postal Savings Bank Of China Co.Ltd(601658) , China Merchants Bank Co.Ltd(600036) , Alibaba, Tencent, etc; 4. Security chip company: Unigroup Guoxin Microelectronics Co.Ltd(002049) , Huada electronics, etc; 5. Card dealer: Hengbao Co.Ltd(002104) , Chutian Dragon Co.Ltd(003040) , Wuhan Tianyu Information Industry Co.Ltd(300205) etc. []
[Theme 2] metauniverse
Soochow Securities Co.Ltd(601555) mentioned that with the sales of hardware such as smart phones and the peak of video and game traffic, the mobile Internet has also ushered in a mature stage, and the industry urgently needs to explore new growth space. We believe that the meta universe may be the form of the next generation Internet (or called Quanzhen Internet / Web3.0). Compared with the upgrading of PC Internet by mobile Internet, the meta universe may have more dimensions of interaction and integration of real and virtual worlds than mobile Internet, which can not only meet people's spiritual needs, but also greatly improve labor productivity. Metauniverse needs to develop simultaneously with the improvement of chip computing power, the popularization of software design engine, the convenience of VR / AR and other interactive devices, and the continuous enrichment of overlay blockchain technology and application ecology, so as to gradually approach the ideal form.
Open source securities suggests that we should actively layout virtual humans and NFT tracks that are commercialized quickly in the meta universe. Considering the advent of the financial reporting season, we should comprehensively consider the performance growth and the market's expectations of performance, choose a high margin of safety for valuation, high probability of performance exceeding expectations, and have advantages in IP manufacturing and operation The targets of yuanuniverse's related business promotion are more active and expected to achieve performance faster. The key recommendations are Shanghai Yaoji Technology Co.Ltd(002605) , Mango Excellent Media Co.Ltd(300413) , and the beneficiary targets include Shanghai Fengyuzhu Culture Technology Co.Ltd(603466) , Beijing Quanshi World Online Network Information Co.Ltd(002995) , Beijing Fengshangshiji Culture Media Co.Ltd(300860) , Visual China Group Co.Ltd(000681) , Zhejiang Daily Digital Culture Group Co.Ltd(600633) .
Huaxi Securities Co.Ltd(002926) pointed out that in 2022, we should pay close attention to the main context of digital economy, take data flow as the clue, and explore new technological innovation opportunities such as intelligent sensing, silicon optical transmission and storage to cloud native driven by new applications such as metauniverse, industrial Internet and intelligent driving. []
[theme three] Baijiu
Soochow Securities Co.Ltd(601555) pointed out that the Spring Festival Baijiu sales meeting market expectations. The high-end wine dynamic sales are stable and the gift giving scene is rigid; The secondary high-end dynamic sales are stable, the price is stable and the inventory is low. The resumption of banquet scene also has a positive impact on the secondary high-end demand. In addition, benefiting from the recovery of consumption scenarios, it will also accelerate the upgrading of consumption. The consumption atmosphere of local liquor is better than that in 2021. The consumption upgrading of Hui liquor and Su liquor and the performance of dynamic sales in the Spring Festival are more prominent. Long term consumption upgrading will continue to promote the structural differentiation of Baijiu industry, and focus on high-end products and famous brand products. The recovery of consumption scenarios will have a certain role in promoting the determination of the high-end Baijiu and the flexibility of the high-end liquor and regional liquor.
Citic Securities Company Limited(600030) mentioned that the return passenger flow of the Spring Festival in 2022 has recovered compared with the same period of the previous year. According to the special class data of the Spring Festival transportation under the joint prevention and control mechanism of the State Council, it is estimated that 521 million passengers will be sent in the 21 days before the Spring Festival transportation (as of February 6), an increase of 40% year-on-year. Benefiting from the return of the Spring Festival and driven by the upgrading under the background of regional economic cycle, the dynamic sales in Anhui, Jiangsu, Shanxi and other regions performed well. Henan, Tianjin, Hangzhou and other regions are greatly affected by the epidemic and the demand feedback is relatively poor. Structurally, high-end famous wines remain stable, with strong wholesale prices and stable dynamic sales; The sub high-end liquor with a high proportion of banquet scenes is greatly affected, and the sub high-end pressure is more obvious in regions with relatively weak demand. Overall, Baijiu performance is in line with expectations during the Spring Festival. The famous wine maintains consistent stability, and the emblem of wine and Su wine is relatively eye-catching.
The agency further analyzed that the market is more rational for the Baijiu selling in the Spring Festival. A callback year ago has basically released the relative negative sentiment of the market for the rush season. Tracking shows that Baijiu sales performance has been stable during the Spring Festival season, and market sentiment is expected to gradually warm up. At present, the high-end Baijiu Kweichow Moutai Co.Ltd(600519) , Wuliangye Yibin Co.Ltd(000858) and Luzhou Laojiao Co.Ltd(000568) are still the first to be promoted. Pay attention to the opportunities of local wine and marginal changes of secondary high-end, and recommend Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) , Jiangsu Yanghe Brewery Joint-Stock Co.Ltd(002304) .
China Baijiu securities company said that China's economic development is steady and the trend of consumption upgrading is continuing. The per capita disposable income and high net worth population increase steadily. The demand for Baijiu, especially high-end and secondary high-end liquor, is definite in Qianhai. Baijiu Baijiu Baijiu Baijiu is a highly differentiated wine industry. The high-end liquor has improved its brand strength and performance through raising prices, while the second high-end liquor enjoys the blank price band after the high-end Baijiu price rises. The upgrading of the secondary and high-end liquor products has the growth space of volume and price rising. Under the promotion of the strategy of upgrading products and selling the whole nation, the industry of high-end Baijiu has continued to improve. []
[theme 4] pork
Sealand Securities Co.Ltd(000750) mentioned that for the pig sector, it is still in a very good configuration window period. The first half of the year is the key period to win excess returns. The fertile sows have been falling continuously since July 2021, in which they have fallen more than expected from October to November 2021. The downward trend of fertile sows is very clear. From historical experience, fertile sows have been in a downward relay, In the follow-up, with the intensification of breeding losses and the continuous downturn of column supplement, the de urbanization will be intensified. The decline of fertile sows every month will be catalyzed by the pig sector. The pig price is in the process of the second bottom of the w bottom. At present, the downward space of the pig price is very limited. Factors such as the change of the marketing rhythm of short-term farmers will affect the fluctuation of the pig price. Even if there is a periodic rebound, as long as the loss inventory is cleared, it will continue. In the second half of the year, it is necessary to verify the pig price, but it is a safe period for the first half of the year. Despite the recent rebound in the pig sector, the current valuation of the sector, especially the leader, is still at the bottom, with sufficient margin of safety.
Guosen Securities Co.Ltd(002736) said that 1) pigs: 2022 is the best stage to layout the pig sector in advance, and the pig cycle will probably reverse the market in 2023. At the same time, meat products benefit from the decline in pig prices, and the profit is expected to be further improved in 2022. Recommendations: Zhejiang Huatong Meat Products Co.Ltd(002840) , Fujian Aonong Biological Technology Group Incorporation Limited(603363) , Leshan Giantstar Farming&Husbandry Corporation Limited(603477) , Tecon Biology Co.Ltd(002100) , Dongrui Food Group Co.Ltd(001201) , COFCO jiajiakang, Muyuan Foods Co.Ltd(002714) , Wens Foodstuff Group Co.Ltd(300498) etc; Attention: Henan Shuanghui Investment & Development Co.Ltd(000895) , Longda food, etc. 2) Yellow feather chicken: the stock of parents in production is at the lowest level in three years, and the trend of elimination is still continuing. It is expected that the profit of yellow chicken breeding will improve in 2022. It is recommended that high-quality breeding targets: Jiangsu Lihua Animal Husbandry Co.Ltd(300761) , Hunan Xiangjia Animal Husbandry Company Limited(002982) , Wens Foodstuff Group Co.Ltd(300498) . 3) White feather chicken: the whole industrial chain is sinking towards food deep processing. It is suggested to pay attention to the bottom: Springsnow Food Group Co.Ltd(605567) , Fujian Sunner Development Co.Ltd(002299) , Shandong Yisheng Livestock & Poultry Breeding Co.Ltd(002458) , Shandong Xiantan Co.Ltd(002746) . []
