brief description of disk
On Friday, the A-share shock callback, the Shanghai index rose and fell, and the gem led the decline. On the disk, insurance, energy metals, coal, banking and other industries rose against the market; Wind power equipment, traditional Chinese medicine, medical devices, photovoltaic, medical services, motors, auto parts, power grid equipment, power supply, social security, games and other industries led the decline. In terms of theme stocks, digital currency, lithium extraction from Salt Lake, power battery recovery and civil explosion concept increased slightly, while covid-19 drugs, covid-19 detection, helium concept, Helicobacter pylori, CRO, traditional Chinese medicine, transgenic, cloud games, electronic cigarettes and chicken concept led the decline.
message plane
the latest data released by the central bank set two record highs
On February 10, the financial statistics and social financing data of January 2022 released by the people’s Bank of China showed that the growth of credit and social financing in January achieved a “good start”. In the same month, RMB loans increased by 3.98 trillion yuan, the highest in a single month, an increase of 394.4 billion yuan year-on-year; The increment of social finance reached 6.17 trillion yuan, exceeding market expectations, 984.2 billion yuan more than the same period last year, also the highest in a single month. Many analysts believe that the overall strength of credit social finance in January shows that the implementation of the stable growth policy in the early stage is effective.
eight departments: promote the safe echelon application of waste power batteries in the fields of standby, charging and replacement
Eight departments including the Ministry of industry and information technology issued the implementation plan for accelerating the comprehensive utilization of industrial resources. The scheme proposes to improve the management system and strengthen the whole life cycle traceability management of power batteries of new energy vehicles. Promote cooperation between upstream and downstream of the industrial chain to jointly build recycling channels and build a cross regional recycling system. Promote the safe echelon application of waste power batteries in the fields of power backup, charging and replacement.
public offering letter to investors: cherish the 2800 point gem and the 3400 point Shanghai index
Cinda Australia said in a letter to investors today that there is no need to worry too much about the overall market and should cherish the gem below 2800 points and the Shanghai stock index below 3400 points. For the recent market adjustment, Cinda Aoyin Fund believes that this is a concentrated vent of the market’s short-term irrational emotions. It is expected that there is little possibility of a sharp decline in the A-share market this year, so we should actively grasp structural investment opportunities. In terms of investment layout, Cinda Aoyin believes that it can pay attention to three aspects: first, oversold industries such as transportation, tourism, breeding and real estate chain; Second, the long-term development logic of green power, new energy, wind power, photovoltaic and other tracks in the field of “carbon neutralization” has not changed; Third, environmental protection, construction and other counter cyclical sectors, whose performance growth certainty will be more fully reflected this year.
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, the three major indexes of U.S. stocks collectively fell due to the year-on-year increase of CPI, which reached a 40 year high. Semiconductors, new energy vehicles and large technology stocks generally fell. It is expected that A-Shares will continue the shock adjustment trend, and it is not suitable to take heavy positions until the gem index stops falling.
In fact, the three major A-share indexes collectively opened low, with the Shanghai index falling 0.39%, the Shenzhen composite index falling 0.53%, and the gem index falling 0.91%. The real estate sector, digital currency, pork concept, etc. opened high, Contemporary Amperex Technology Co.Limited(300750) call auction fell 2.34%. After opening, it quickly fell below yesterday’s low, consolidated at the annual line, and the medical sector continued to fall, driving the gem index to a new low.
One hour after the opening, financial stocks rose again to protect the market, the Shanghai index turned red and once broke through 3500 points, and the decline of the gem index narrowed. However, the rebound of the index in the morning did not have much appeal, especially Petrochina Company Limited(601857) also raised 5% to protect the market, with an increase of more than 15% this week.
In the afternoon, Contemporary Amperex Technology Co.Limited(300750) fell again, the gem index fell below the early low, down nearly 3%, and the Shanghai index fell. The banking, coal, tourism and hotel, securities, wine and other sectors that rose sharply in the morning fell, and only the insurance sector still stands; Chinese medicine, medical treatment, wind power, photovoltaic, automobile and other sectors fell by more than 3%.
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.
