Yesterday, the market continued to rebound, the Shanghai index performed slightly stronger, infrastructure stocks staged a rise in the limit, and more than 3500 stocks in the two cities rose. The turnover of the two cities was 807.1 billion, a decrease of 20.4 billion compared with the previous trading day. In terms of sectors, industrial machines, architectural decoration, registration system, new rare earth permanent magnets and other sectors led the rise, while precious metals, pork, oil and gas exploitation, digital currency, military industry and other sectors led the decline.
In the US stock market, the three major US stock indexes closed mixed, with the Dow down 0.15%, the S & P 500 up 0.09% and the NASDAQ down 0.11%. Precious metals sector led the gains. The minutes of the January meeting released by the Federal Reserve on Wednesday showed that central bank officials reached a consensus that with the increasing impact of high inflation on the economy and the significant improvement of the employment situation, there is reason to tighten monetary policy, but they also said that the specific decision still depends on the analysis of data at each interest rate meeting.
At today’s morning meeting of securities companies, Central China Securities Co.Ltd(601375) believes that the current market continues to be in the stock game stage, and the off-site capital has a heavy wait-and-see mentality. It remains to be seen whether track stocks and cycle industries can drive the stock index out of the market. It is advisable to wait and see in the short term, and the middle line continues to pay attention to the investment opportunities of undervalued blue chips. China Securities Co.Ltd(601066) believes that steady growth is still the main investment logic in the near future, and is optimistic about the annual opportunity of consuming building materials.
Central China Securities Co.Ltd(601375) : wait and see in the short term, and the middle line continues to pay attention to the investment opportunities of undervalued blue chips
At present, the market continues to be in the stock game stage, and the off-site funds have a heavy wait-and-see mentality. Whether the track stocks and cycle industries can drive the stock index out of the market still needs to be observed. It is suggested to pay attention to the changes of policy, capital and external market. It is expected that the short-term slight consolidation of the Shanghai index is more likely, and the short-term slight shock of the gem is more likely. We suggest investors to wait and see for a while in the short term and continue to pay attention to the investment opportunities of undervalued blue chips in the middle line.
Shanxi Securities Co.Ltd(002500) : the market style is uncertain for the time being. Pay attention to some undervalued sectors that are expected to be repaired in the adjustment of steady growth
In terms of the study and judgment of the general trend of a shares, the slowdown of inflation pressure further strengthened the possibility of overweight and easing policy in the first half of the year, and the overall market liquidity environment was relatively good. However, the volume of A-Shares can shrink significantly recently, and the style is unknown. In the short term, it is suggested to pay attention to the regression of the epidemic disturbance and some undervalued sectors expected to be repaired in the adjustment of steady growth, At the same time, focus on the value blue chip targets with better defense ability in the economic downturn environment.
China Securities Co.Ltd(601066) : steady growth is still the main investment logic in the near future. We are optimistic about the annual opportunity of consuming building materials
In January 2022, the new social finance reached a record high, the release of special bonds was also significantly accelerated, and the construction plan in many places at the beginning of the year was carried out in an orderly manner. We believe that this round of steady economic growth will simultaneously benefit traditional infrastructure and new infrastructure, and we are optimistic about the annual opportunities for consumption of building materials. In terms of valuation, the fluctuation in the valuation of consumer building materials has little correlation with the real estate demand in the same period, and the credit expansion helps to improve the valuation of the sector; In terms of performance, the price rise of the terminal alleviates the cost pressure, and the performance rebound in 2022 is imminent.
