brief description of disk
On Wednesday, A-share rebounded and outperformed the market. On the disk, computer, traditional Chinese medicine, communication, Internet, software development, energy metals, wine making, cultural media, agriculture, animal husbandry, feeding and fishing, motor, game media and other industries led the increase; Wind power equipment, batteries, photovoltaic and other industries were slightly adjusted. Subject stocks showed a general rise pattern, with digital currency, mobile payment, electronic license sector, digital economy, smart government, Huawei shengteng, data security, chicken concept, pork concept, metauniverse, radio and television, biometrics and other gains leading.
message plane
the United States once again “blackmailed” 33 entities in China, involving many listed companies!
The United States once again unreasonably suppressed Chinese enterprises. On February 7 local time, the Bureau of industry and security (BIS) of the US Department of Commerce announced that 33 entities headquartered in China would be included in the so-called “unverified list”. The share price of YaoMing fell sharply on February 8.
many parties are stepping up the drawing of a new round of “new infrastructure” planning map
Including the Ministry of industry and information technology, the national development and Reform Commission and other departments, it is clear that 5g, data center and other new infrastructure construction will be moderately deployed in advance. From the local two sessions held successively, “new infrastructure” has become an important starting point for consolidating the development foundation of digital economy and expanding effective investment in many places. According to incomplete statistics by the reporter of economic reference daily, more than 20 provinces (autonomous regions and cities) including Shanghai, Fujian, Sichuan, Hunan and Anhui have defined the construction plans of 5g and data center in 2022, It also proposes to give further play to the scale effect and driving role of 5g and other “new infrastructure” to build an important engine of economic growth.
the central bank and other major issues promote the development of legal digital currency standard
On February 8, 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 jointly issued the “14th five year plan” for the development of financial standardization, which proposed to steadily promote the development of legal digital currency standards.
Jufeng view
Medium term strategy:
Jufeng investment adviser believes that the liquidity at the macro level has been gradually improved, and the central bank has continuously cut reserve requirements and interest rates to release liquidity, indicating that the policy bottom has appeared; The medium-term market is expected to rise, but the construction of the market bottom is more complex and there is a time lag between the market bottom and the policy bottom. We should be more patient.
pre market judgment: the market bottomed out on Tuesday, and the trading volume of Shanghai stock market was significantly enlarged. Undervalued stocks are still the focus of the market. U.S. stocks rose collectively overnight, the popular Chinese concept stocks and aluminum stocks strengthened significantly, while the concept of anti epidemic and international oil prices fell. It is expected that A-Shares will fluctuate upward, technology stocks are expected to rebound, and cyclical stocks may differentiate. Small cap stocks with oversold and high growth are expected to stand out. The gem index fell sharply on Tuesday, but GEM stocks with a market value of less than 5 billion showed a general rise pattern, which deserves attention.
In fact, technology stocks rebounded, mainly due to the digital currency and mobile payment sectors with favorable incentives. Cyclical stocks showed differentiation, the oil sector callback, nonferrous metals and coal continued to rebound.
China Mobile hit the daily limit, driving the communication sector to rise sharply. After the limit rise of China Mobile, the gem index fell again, indicating that market sentiment is still unstable. Today’s strong digital currency, traditional Chinese medicine and pork concepts are oversold and rebound in nature.
In the afternoon, Contemporary Amperex Technology Co.Limited(300750) stopped falling and picked up, Chongqing Zhifei Biological Products Co.Ltd(300122) , Wens Foodstuff Group Co.Ltd(300498) and other heavyweights on the gem increased, driving the gem index stronger; Baijiu sector increased, Kweichow Moutai Co.Ltd(600519) pushed up the Shanghai stock index. The sector rotation phenomenon reappeared, and the strong sectors such as real estate and coal fell in early trading; Not only that, the strong financial sector showed a downturn on Tuesday; The cro sector, which fell sharply on Tuesday, rebounded. Overall, the oversold rebound market of individual stocks is gradually unfolding. Since the oversold rebound market is positioned, we can’t expect a continuous sharp rise. We can grasp the opportunity of sector rotation. As long as there is a relatively large correction before the Spring Festival, there are opportunities in theory.
Investment suggestions:
Before the Spring Festival, A-Shares were corrected continuously, and the overvalued track stocks and growth stocks were significantly adjusted. The undervalued blue chips reflected a certain defensive nature. The make-up decline of blue chips in the last week before the festival was a signal of accelerating bottom building. After the Spring Festival, the market liquidity will be improved, and the spring offensive will be officially launched. The gem index has entered a technical bear market and will rebound in the short term, which can grasp the short-term opportunities. It is suggested to allocate four sectors: state-owned assets reform, high annual growth, securities companies and oversold new shares.
