Macro
In January, social finance exceeded expectations, and China's steady growth was mainly realized in infrastructure; The US CPI exceeded expectations and the tightening sentiment in overseas markets rose again. Focus on the MLF and fed interest rate meeting in February.
Tactics
Demand credit stabilization has been verified by signals. When the total growth becomes more important, the trend of switching to value stock style is still unstoppable.
Metal
The tight supply and demand pattern of lithium salt remains unchanged, and the steady growth drives the demand for industrial metals.
Suggested concern
\u3000\u3000 Ganfeng Lithium Co.Ltd(002460) 、 Henan Shenhuo Coal&Power Co.Ltd(000933)
Energy exploitation
Global energy prices have reached a new high, and coal prices have ushered in medium - and long-term highs.
Suggested concern
\u3000\u3000 Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) 、 Shanxi Coal International Energy Group Co.Ltd(600546)
Public utilities
After the callback, the rebound logic is gradually fulfilled, and we continue to pay attention to the subject matter of excellent performance.
Suggested concern
\u3000\u3000 China Yangtze Power Co.Ltd(600900) 、 China National Nuclear Power Co.Ltd(601985) 、 Shenergy Company Limited(600642)
Building materials
Starting in spring, the infrastructure chain and real estate chain can be more optimistic.
Suggested concern
Gansu Shangfeng Cement Co.Ltd(000672) , Huaxin Cement Co.Ltd(600801) , Zhuzhou Kibing Group Co.Ltd(601636) , Zhejiang Weixing New Building Materials Co.Ltd(002372) , Keshun Waterproof Technologies Co.Ltd(300737) , Sobute New Materials Co.Ltd(603916) , Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) , China Liansu
Dianxin
Tesla's Q4 performance has increased significantly, and the core position of the industrial chain has been highlighted; We will firmly pursue the dual carbon revolution.
Suggested concern
Contemporary Amperex Technology Co.Limited(300750) , Ningbo Ronbay New Energy Technology Co.Ltd(688005) , Hongfa Technology Co.Ltd(600885) , Yunnan Energy New Material Co.Ltd(002812) , Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) , Longi Green Energy Technology Co.Ltd(601012) , Jingke energy, Ningbo Deye Technology Co.Ltd(605117) , Shanghai Moons' Electric Co.Ltd(603728)
Machinery
The Winter Olympics will be held smoothly, and the relevant hydrogen energy equipment is expected to benefit. At the same time, we are optimistic about the opportunities of construction machinery and nuclear power equipment.
Suggested concern
\u3000\u3000 Jiangsu Shentong Valve Co.Ltd(002438) 、 Sany Heavy Industry Co.Ltd(600031) 、 Jiangsu Guomao Reducer Co.Ltd(603915)
Military industry
In the short term, affected by market factors, the trend of the sector deviates significantly from the fundamentals, but from the perspective of fundamentals, valuation and market sentiment, it is close to the bottom, and the key stocks are significantly undervalued, which can be arranged step by step.
Suggested concern
\u3000\u3000 Beijing Relpow Technology Co.Ltd(300593) 、 Avic Heavy Machinery Co.Ltd(600765) 、 Baoji Titanium Industry Co.Ltd(600456) 、 Western Superconducting Technologies Co.Ltd(688122) 、 Fujian Torch Electron Technology Co.Ltd(603678)
