brief description of disk
On Thursday, A-share differentiation, stock index shock consolidation, gem fell again. On the disk, aviation airports, tourist hotels, public utilities, coal, agriculture, animal husbandry, feeding and fishing, insurance, engineering construction, chemical fertilizer, cement and building materials, banking, environmental protection and other industries led the increase; Photovoltaic equipment, wind power equipment, batteries, non-metallic materials, software development, power supply equipment, medical treatment, communication, auto parts, consumer electronics and other industries led the decline. In terms of theme stocks, online tourism, pork concept, civil explosion concept, chicken concept, blind box economy and tax-free concept led the increase, while cro, solid-state battery, hit battery, blade battery, virtual power plant, sodium ion battery, energy storage, Huawei automobile and industrial mother machine led the decrease.
message plane
the national development and Reform Commission held a special meeting on stabilizing coal prices to interview some enterprises with falsely high prices
According to the exclusive information of the interface news insiders, on the afternoon of February 9, the economic operation regulation Bureau of the national development and Reform Commission will host a video conference to arrange the work of stabilizing the coal market price and interview some enterprises with falsely high prices.
In 2021 the country issued 7489.8 billion yuan of local bonds, with an average interest rate of 3.36%
The Ministry of Finance released the issuance and debt balance of local government bonds in December 2021: from January to December 2021, the country issued 4370.9 billion yuan of new bonds and 3118.9 billion yuan of refinancing bonds. In total, 7489.8 billion yuan of local government bonds were issued nationwide, including 2566.9 billion yuan of general bonds and 4922.9 billion yuan of special bonds. The average issuing interest rate of local government bonds is 3.36%, including 3.26% for general bonds and 3.41% for special bonds.
the “first brother” on the gem plummeted by 100 billion, and the rumor fell sharply Contemporary Amperex Technology Co.Limited(300750)
The decline of Contemporary Amperex Technology Co.Limited(300750) was mainly caused by rumors. Recently, the US Department of Commerce included 33 Chinese entities in its unverified list, including Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) subsidiary Guangzhou Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) Laser Technology Co., Ltd., Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) as the supplier of Contemporary Amperex Technology Co.Limited(300750) . The market is worried that Contemporary Amperex Technology Co.Limited(300750) will be affected.
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: overnight, US stocks rose across the board, large technology stocks rose collectively, new energy vehicles and semiconductors performed strongly, and it is expected that A-share related sectors will rebound. The NDRC’s efforts to stabilize coal prices may restrict the rebound of resource stocks.
In fact, Thursday’s opening Contemporary Amperex Technology Co.Limited(300750) fell another 8%, leading to a 2% decline in the gem index, which was inconsistent with expectations. In addition, the cro sector, which fell sharply this week, continued to decline. The coal sector fell 1.5% at the opening, and then turned red in shock, indicating that the undervalued value is still defensive.
After the Spring Festival, the A-share market has made a choice, and the infrastructure sector has become a new leader. The civil explosion concept related to infrastructure, underground pipe network, water conservancy, prefabricated buildings, architectural decoration and other sectors have increased by more than 10%! In addition, coal, nonferrous metals and other sectors also ranked at the top of the list. The Chinese prefix sector has performed well this week because it covers finance, infrastructure and other sectors. This coincides with our recent repeated emphasis on paying attention to the allocation and underestimation of blue chips and the objectives of state-owned assets reform.
In the afternoon, Contemporary Amperex Technology Co.Limited(300750) continued to fall, falling below the integer level of 500 yuan, and the gem index fell below the integer level of 2800 points. It was rumored that the fund reduced its positions to deal with large redemptions. Although the gem index fell endlessly, it was mainly dragged down by track stocks represented by Contemporary Amperex Technology Co.Limited(300750) , Eve Energy Co.Ltd(300014) , Sungrow Power Supply Co.Ltd(300274) ; At the same time, we should also note that GEM stocks with a market value of less than 5 billion fell by less than 20% of the gem index. After 14 o’clock, the brokerage sector supported the market, Contemporary Amperex Technology Co.Limited(300750) decline narrowed, the stock index rebounded rapidly, the coal stocks rose again in the late trading, and the Shanghai stock index rose strongly.
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 degree of defensive. After the Spring Festival, the market liquidity will be improved, and the spring offensive will be officially launched. The gem index entered a technical bear market under the influence of the decline of heavyweights, but small cap stocks rebounded, which can grasp short-term opportunities. The midline proposes to allocate four sectors: state-owned assets reform, high growth in annual reports, securities companies and oversold secondary new shares.
