Index tracking
[Shanghai and Shenzhen composite index] Shanghai Composite Index rose 0.17% to close at 3485.91 points; The Shenzhen Component Index fell 0.73% to close at 13432.07; The gem index fell 1.98% to close at 2826.52.
[industry tracking] industry: 18 industries rose and 12 industries fell. Among them, agriculture, forestry, animal husbandry and fishery, coal, commerce and retail sectors led the increase, with an increase of 2.64%, 2.40% and 1.98% respectively; Power equipment, household appliances, communications and other sectors led the decline, with a decline of – 3.30%, – 2.18% and – 1.19%.
Comments
Agriculture, forestry, animal husbandry and fishery sector led the increase. On February 8, the national development and Reform Commission said that according to monitoring, the national average pig grain price ratio was 5.57:1 in the week from January 24 to 28, which was between 5:1 and 6:1 for three consecutive weeks, entering the level II early warning range of excessive decline set in the plan for improving the regulation mechanism of government pork reserves and ensuring the supply and price stability of pork market. The national development and Reform Commission will work with relevant departments to start the collection and storage of pork reserves as appropriate, and guide local governments to carry out the collection and storage according to regulations.
Under the catalysis of the news, the pork sector strengthened. In terms of individual stocks, Fujian Aonong Biological Technology Group Incorporation Limited(603363) , Leshan Giantstar Farming&Husbandry Corporation Limited(603477) , Jiangxi Zhengbang Technology Co.Ltd(002157) and other stocks rose by the limit.
The coal sector led the gains. At the futures level, the prices of coke and thermal coal fell, mainly on 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. However, in the A-share market, although the current coal price is lower than the peak in October, it is still at a relatively high level. Coal enterprises still have good profits, so the performance drives the sector stronger. In terms of individual stocks, Jizhong Energy Resources Co.Ltd(000937) limit, Pingdingshan Tianan Coal Mining Co.Ltd(601666) , China Shenhua Energy Company Limited(601088) rose 7.16% and 4.75% respectively.
In terms of concept sector, the scenic spot tourism sector is stronger. A few days ago, the “14th five year plan” for tourism development of the State Council pointed out that we should improve the open and cooperative system of tourism and start the promotion of inbound tourism in due time. In addition, judging from the recent overseas epidemic data, the global epidemic is gradually slowing down, and it is expected to achieve good control in 2022, which will drive the tourism sector stronger. In terms of individual stocks, Caesar tourism, Jiangsu Tianmu Lake Tourism Co.Ltd(603136) , Xi’An Qujiang Cultural Tourism Co.Ltd(600706) and other stocks rose by the limit.
Outlook
Today, the three major indexes rose and fell again, among which the gem index fell by nearly 2%, while the gem index fell significantly, mainly dragged down by the decline of the new energy sector represented by Contemporary Amperex Technology Co.Limited(300750) . In terms of the market, the current top gainers are still the small increase in the early stage and the expected direction of performance improvement. In the future, from the perspective of valuation, the valuations of new energy, semiconductor and other directions have entered a relatively reasonable valuation range in the medium and long term. In addition, the continuous rise in the yield of 10-year US bonds has suppressed technology stocks to a certain extent, but it has fully responded to the Fed’s interest rate increase. The range of future rise is expected to be relatively limited, but it is still subject to the expectation of interest rate increase, fund redemption Some enterprises’ performance is lower than expected and other risk disturbances.
Risk warning: the profit of the enterprise is less than expected; Increased volatility in overseas markets; Systemic risk
