“Periodic table of elements” market comeback!
On the morning of February 17, the concept sector of lithium extraction from Salt Lake in the A-share market rose strongly, and the concept sectors such as phosphorus chemical industry, fluorine chemical industry, cobalt, lithium battery and sodium ion battery strengthened one after another. As of the morning closing, lithium giant Ganfeng Lithium Co.Ltd(002460) A shares rose by more than 8%, and its H shares rose by more than 7%; Another giant Tianqi Lithium Corporation(002466) rose by the limit.
As of midday closing, the Shanghai index rose 0.35%, the Shenzhen Composite Index rose 0.78% and the gem index rose 1.46%. In terms of northbound funds, the Shanghai Stock connect had a net inflow of 2.025 billion yuan in early trading and the Shenzhen Stock connect had a net inflow of 1.715 billion yuan in early trading.
From the disk, environmental protection, power equipment, electronics and other sectors also rose one after another. Under the multi hotspot divergent market, the A-share market staged the drama of “small cap stocks in charge”. By midday closing, the market value of the top five in the list of A-share gains was less than 6 billion yuan; Among the top ten gainers, only two stocks have a market value of more than 10 billion yuan.
lithium concept leads the market of “periodic table of elements”
In the morning trading on February 17, the “periodic table of elements” in the A-share market made a comeback.
According to the data of China Securities Taurus, as of the noon closing, the concept sector of lithium extraction from Salt Lake led the market, and phosphorus chemical industry, fluorine chemical industry, cobalt, lithium battery, sodium ion battery and other sectors strengthened one after another.
Among individual stocks, East China Engineering Science And Technology Co.Ltd(002140) , Jinyuan Ep Co.Ltd(000546) , Henan Qingshuiyuan Technology Co.Ltd(300437) , Yunnan Yuntianhua Co.Ltd(600096) , Jinzhou Jixiang Molybdenum Co.Ltd(603399) , Sinomine Resource Group Co.Ltd(002738) , Youngy Co.Ltd(002192) all rose by the limit.
Lithium giant Ganfeng Lithium Co.Ltd(002460) A shares rose 8.4% in early trading, with the latest market value of 217.9 billion yuan; H shares rose 7%, with the latest market value of HK $253.4 billion.
Another giant of the lithium industry Tianqi Lithium Corporation(002466) increased its daily limit in early trading on the 17th, with the latest market value of 141.7 billion yuan.
Huaan Securities Co.Ltd(600909) pointed out that the lithium battery sector, as a high growth track, adjusted with the market style, mainly due to the influence of capital behavior and emotion, not fundamental changes. In the medium and long term, the lithium battery industry still maintains a high boom trend and ushers in a good opportunity for layout after correction.
In terms of investment opportunities, Huaan Securities Co.Ltd(600909) suggests paying attention to three main lines: first, battery plants with capacity release, cost pressure relief and gross profit recovery; Second, supported by supply and demand, lithium resource companies with high lithium prices are expected to achieve excess profits; Third, midstream material link companies with clear pattern, obvious advantages and tight supply and demand.
“small cap stocks in charge”
From the disk, environmental protection, power equipment, electronics and other sectors have also risen one after another, and the hot spots are more divergent. From the perspective of market style, the A-share market in the morning trading on February 17 showed obvious characteristics of “small cap stocks in charge”.
According to the data of China Securities Taurus, as of the noon closing, the market value of the top five in the list of A-share gains was less than 6 billion yuan; Among the top ten gainers, only Hybio Pharmaceutical Co.Ltd(300199) and Copper Crown copper foil have a market value of more than 10 billion yuan and less than 20 billion yuan.
According to the data of Tianfeng Securities Co.Ltd(601162) Research Report, equity funds raised their small and medium-sized positions last week (February 7-february 11). The estimated positions of general equity funds and partial equity hybrid funds in the market portfolio decreased by 1.9% and 1.2% respectively, and the estimated positions in the market portfolio increased by 0.6% and 1.9% respectively.
Huatai Securities Co.Ltd(601688) said that historically, the small market value factor had a high winning rate in February. Superimposed on the increased allocation of small market value style by public funds in the fourth quarter of last year and the accelerated rise of small market value factor congestion, the small market value style may continue to recover in February.
