On February 9, the A-share market rebounded from shock, and the mysterious fund pushed the elephant dance share price of China Mobile to a new high since its listing. The total market value exceeded Petrochina Company Limited(601857) , Ping An Insurance (Group) Company Of China Ltd(601318) , ranking seventh in A-share. Some market participants said that the dancing of elephants may indicate that the “emotional bottom” of the market has been established.
As of midday closing, the Shanghai Composite Index rose 0.40%, the Shenzhen Component Index rose 0.68% and the gem index rose 0.01%.
The data show that the net inflow of funds from the north is 2.189 billion yuan, including 1.219 billion yuan from the Shanghai Stock connect and 970 million yuan from the Shenzhen Stock connect.
Founder Securities Co.Ltd(601901) said that the current 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.
China Mobile daily limit
After a sharp rise of 5.42% yesterday, China Mobile A shares opened low and went high today, setting a new high since listing.
As of midday closing, China Mobile had 61000 orders on the daily limit board, with an amount of 411 million yuan and a turnover of 3.13 billion yuan. The total market value increased by more than 130 billion yuan compared with yesterday.
At present, the total market value of China Mobile exceeds 1 trillion yuan, exceeding Petrochina Company Limited(601857) , Ping An Insurance (Group) Company Of China Ltd(601318) , ranking seventh in a shares. Hong Kong stock China Mobile rose more than 3%, reaching a new high in nearly two years.
China Mobile has been listed and traded in A-Shares since January 5, 2022, and then its share price has maintained a narrow range of volatility. Due to the escort of the “green shoes” mechanism (over allotment option) after listing, the share price has always remained above the issue price of 57.58 yuan. However, this mechanism expired on February 7. On February 8, China Mobile A shares officially “took off their shoes”. After taking off their shoes, the shares have risen sharply for two consecutive days.
On January 24, China Mobile announced its plan to increase its A-share holdings. The actual controller, China Mobile Group, plans to increase its A-share holdings of China Mobile at an appropriate time from January 21, 2022 to December 31, 2022, with a cumulative increase of 3-5 billion yuan. As of the closing on January 27, it has increased its holdings by about 1.509 billion yuan. In addition, on January 5, China Mobile also released a Hong Kong stock repurchase plan.
Citic Securities Company Limited(600030) believes that China Mobile is the leader of global operators, with the world’s largest communication network, and the number of mobile and broadband users ranks first in the world. The core competitiveness of China Mobile is prominent. From the perspective of industry, the company, as the leader of global operators, has a stable position, and has significant advantages in user scale and network resources; From a financial perspective, the company has outstanding profitability, good development of emerging businesses, continuous improvement of ARPU value (average income per user), and long-term growth can be expected; From the perspective of low cash flow and high-quality assets valuation, the current valuation of the company is still high. China Mobile is a high-quality core asset with both technology and consumption attributes. With the reconstruction of growth logic in the 5g era, it has great configuration value.
The sharp rise of China Mobile also led to the rise of China Telecom Corporation Limited(601728) and China United Network Communications Limited(600050) . As of noon closing, China Telecom Corporation Limited(601728) and China United Network Communications Limited(600050) rose by 3.26% and 2.81% respectively.
the digital currency sector staged a trading tide
As of midday closing, the number of stocks rising in the two cities was 3254, of which 77 stocks rose by the limit; The number of falling stocks was 1193, and 6 stocks fell by the limit.
Among the Shenwan level industries, communication, computer and media industries led the increase, rising by 3.25%, 2.46% and 2.38% respectively; Power equipment, beauty care and banking industry led the decline, falling 0.56%, 0.45% and 0.37% respectively.
In the communication service sector, China Mobile and Guomai Technologies Inc(002093) rose by the limit. In the communication equipment sector, Wuhan Tianyu Information Industry Co.Ltd(300205) 20% limit, Hengbao Co.Ltd(002104) , Hebei Sinopack Electronic Technology Co.Ltd(003031) , Cig Shanghai Co.Ltd(603083) and other stocks limit.
In terms of subject stocks, the digital currency sector rose sharply, Wuhan Tianyu Information Industry Co.Ltd(300205) , Shenzhen Emperor Technology Company Limited(300546) , Chase Science Co.Ltd(300941) 20% limit, Guangzhou Kingteller Technology Co.Ltd(002177) , Hyunion Holding Co.Ltd(002537) , Yunnan Nantian Electronics Information Co.Ltd(000948) , Beijing Cuiwei Tower Co.Ltd(603123) , Hengbao Co.Ltd(002104) and other stocks.
Yesterday, the people’s Bank of China, the State Administration of market supervision, the China Banking and Insurance Regulatory Commission and the China Securities Regulatory Commission issued a notice on printing and distributing the 14th five year plan for the development of financial standardization. The goal is that by 2025, the standard system suitable for the construction of modern financial system will be basically completed, the standards will be deeply integrated with financial supervision, financial market and financial services, the economic, social, quality and ecological benefits of financial standardization will be fully demonstrated, and the position and role of standardization in supporting the high-quality development of the financial industry will be more prominent.
the first st share in the year of the tiger fell by the limit
Today Super Telecom Co.Ltd(603322) resumed trading, and the stock abbreviation became St chaoxun, becoming the first stock to be st in the year of the tiger, and the stock price fell by the limit.
As of the midday closing, St chaoxun had 126200 orders on the daily limit. Based on today’s daily limit price, the amount of orders on the daily limit was 136 million yuan.
At present, the share price of St chaoxun has reached a new low since its listing. In 2017, the highest share price of St chaoxun reached 74.46 yuan / share, and the current share price fell by 85.54% compared with the historical high.
On February 7, the first trading day of the year of the tiger, Super Telecom Co.Ltd(603322) was suddenly suspended due to major events. On the same day, Super Telecom Co.Ltd(603322) announced that without any authorization from the company, the legal representative / Chairman / Executive Director of the holding subsidiary Sangrui electronics and its wholly-owned subsidiary Minsheng intelligent, In the name of Sangrui electronics and Minsheng intelligence, it privately provided illegal guarantees for Diaobingshan Hongding Taisong Real Estate Development Co., Ltd. controlled by it and Diaobingshan Shuntong Coal Industry Co., Ltd. controlled by its related parties, totaling about 420.76 million yuan, accounting for about 100.09% of the company’s audited net assets in 2020. If the above-mentioned illegal guarantee matters of the company fail to be paid off or rectified within one month, the company’s stock trading will be subject to other risk warnings. Trading was suspended for another day on February 8 and resumed on February 9. The stock abbreviation was changed to St chaoxun.
Super Telecom Co.Ltd(603322) said that the opinions and main measures of the board of directors of the company on striving to revoke the risk warning. The board of directors of the company is fully urging the responsible person Meng fanding to lift the bank freeze as soon as possible, eliminate the guarantee status as soon as possible, and safeguard the rights and interests of all shareholders. The company also asked Meng fanding to raise funds as soon as possible to fulfill the obligation of repurchasing 50.01% equity of Sangrui electronics held by the company. Up to now, the scheme is still being promoted.
Super Telecom Co.Ltd(603322) the previously released performance forecast for 2021 said that the company’s performance is expected to lose 21 million yuan to 250 million yuan. After deducting non recurring gains and losses, the company’s performance is expected to lose 240 million yuan to 280 million yuan.
