Today (February 21), the opening of Shanghai and Shenzhen stock markets was mixed. The pattern of differentiation at the beginning of the market was obvious, dragged down by authorized heavy stocks, and the performance of the Shanghai index was weak. It always operated below the closing point of last Friday. The Shenzhen Composite Index and gem index rose rapidly, followed by the weakness of the Shanghai index; Due to the active performance of subject stocks, the index showed signs of upward attack in the afternoon, especially the Shenzhen Composite Index turned red smoothly in the late trading.
As of the closing of Shanghai and Shenzhen stock markets all day, the Shanghai index closed almost flat at 3490.61 points; The Shenzhen composite index closed up slightly by 0.09% to 13471.16 points; The gem index fell 60.79% to 2800.4 points.
From the disk point of view, the light index heavy stock market continues, and the local profit-making effect still exists. In terms of industry, education, computer equipment, communication equipment, traditional Chinese medicine, games, power supply equipment, coal and other industries led the increase; In terms of subject stocks, East digital West computing, data center, cloud computing, network security, smart government, edge computing and other gains were higher.
In terms of funds, the central bank announced on February 21 that in order to maintain the reasonable and abundant liquidity of the banking system, the people’s Bank of China launched a 10 billion yuan reverse repurchase operation by means of interest rate bidding on February 21, 2022, with a bid winning interest rate of 2.10%. In view of the maturity of RMB 10 billion reverse repurchase today, the people’s Bank of China has realized zero delivery and zero return in the open market.
hot sector
Top 10 of industry sector increase
Top 10 of industry sector decrease
Top 10 of concept sector increase
Top 10 of concept sector decrease
individual stock monitoring
Top 10 net inflow of main force
Top 10 net outflow of main force
northbound funds
southbound fund
message plane
1, according to chinanews.com, in February 21st, the China Mobile Internet union Yuan Yuan Industry Commission’s official website released the “Convention on the discipline of the yuan universe industry (the first session of the plenary session)”. It proposed that the yuan universe business should be based on the service of the real economy, and resolutely resist the use of Yuan Yuzhou’s hot spot concept to carry out capital speculation and avoid the formation of a market bubble.
2. According to China Securities News, the reporter learned from industry insiders that the “14th five year plan” new energy storage development plan will be officially introduced in the near future. The 14th five year plan is a strategic critical period for the implementation of the “double carbon” goal. According to the reporter’s incomplete statistics, up to now, more than 20 provinces have defined the specification requirements of supporting energy storage equipment, and clearly stipulated the requirements of distribution and storage proportion and configuration duration.
3. According to the National Bureau of statistics, in January, the sales price of newly-built commercial housing in first tier cities increased by 0.6% month on month (MOM) from a decrease of 0.1% in the previous month, of which Beijing, Shanghai, Guangzhou and Shenzhen increased by 1.0%, 0.6%, 0.5% and 0.5% respectively; Second hand housing in first tier cities rose 0.1% month on month, the same as last month. Among them, Beijing and Shanghai rose 0.5% and 0.6% respectively, while Guangzhou and Shenzhen fell 0.2% and 0.5% respectively.
4. According to the Beijing Daily, recently, the Beijing Municipal Medical Insurance Bureau and other departments issued the notice on standardizing the adjustment of some medical service price items, standardized the adjustment of 63 medical service price items, and clarified the reimbursement policy of basic medical insurance. The new policy will be implemented on March 26. Among them, in order to implement active fertility support measures, 16 auxiliary reproductive technology projects involving a wide population, necessary diagnosis and treatment, mature technology, safe and reliable, such as intrauterine artificial insemination and embryo transfer, which are common in outpatient treatment, were included in the category a reimbursement scope of medical insurance.
institutional perspective
For the current market, Huaxin securities mentioned that we are optimistic about the market. At present, the visible negative factors have been basically expected by the market. However, the implementation of the steady growth policy and its boosting effect on the economy have been ignored by the market pessimism. Therefore, after the concentrated release of pessimism, the market is ushering in an opportunity to gradually improve.
Previously, Orient Securities Company Limited(600958) said that “counting from the east to the west” is another important national strategic project, and it is expected that these themes will be used as new hype themes in the recent market. In addition to stocks with similar themes, the mainstream hot spots in the market are not obvious, which can not promote the continuous strength of the stock index. The Shanghai Composite Index and the gem are in the stage of shrinking the bottom and climbing. Whether the phased bottom can be found in the future still needs to be tested by multiple factors. It is suggested that investors continue to pay attention to the rebound opportunities of undervalued blue chip stocks and track stocks.
In addition, Bohai Securities believes that based on the judgment that the market will enter the “direction selection” stage, the capital trading activity is expected to remain at a low level. The breaking of the stock market requires the continuous recovery of the profit-making effect. At this stage, the main line of the market is not clear, and the sustainability of the theme is poor. Therefore, it is suggested that investors “watch more and move less” and wait for the confirmation of the market direction; If you want to participate, in addition to focusing on the data center driven by policies, cloud computing and the lithium resource sector supported by fundamentals, you can also appropriately participate in the household appliances sector with a certain margin of safety.
In the macro aspect, Ping An Securities pointed out that the policy is clear, steady growth + Q1 economy may decline inertia, and the market will consolidate and grind the bottom in the short term. Since the end of 2021, the policy end has been confirmed, the market end expectation is gradually approaching, and the average interval of historical experience is about 2 months; In March, the “two sessions” will be held soon, and the policy game will continue to ferment. Focus on the direction of policy support in the short term. Among them, steady growth and scientific and technological innovation are the high prosperity direction of policies. The marginal relaxation of real estate policies and the development of infrastructure will drive the diffusion of investment opportunities in all links of the industrial chain. The financial sector is expected to benefit from the overall credit recovery expectation, and the overweight layout of digital economy supports the development of relevant industries; The slowdown of the epidemic outside China has promoted the recovery of transportation, wine tourism and other industries.
On the whole, Aijian Securities said that the market sentiment has been repaired well and the market is becoming more and more stable. However, due to the rapid switching of market hot spots, it is difficult to form an effective joint force. In order to continue to rise, the market needs a strong sector. From the current market performance, the new infrastructure policy environment is good, and the adjustment time and space of the science and technology sector are sufficient, which is worthy of continuous tracking. At the same time, the repair of the new energy industry chain is also worthy of attention. We believe that after the market is repaired, there is still a momentum of upward shock, and we can be moderately optimistic in strategy. From a strategic perspective, consumption and science and technology are still the main line, paying attention to the allocation opportunities brought by the adjustment of the main line.
Huaan Securities Co.Ltd(600909) believes that we should pay attention to three directions and two themes. Main line 1: the steady growth effect is expected to exceed the market expectation, pay attention to the steady growth chain under the poor expectation, and focus on new and old infrastructure fields such as building materials, building decoration, urban pipe network transformation and power grid construction, as well as related opportunities such as upstream and downstream of real estate and banks; Main line 2: the benign adjustment of growth is coming to an end, and actively layout the market in the third stage of growth, especially the growth main line represented by dual carbon and domestic substitution of semiconductors, as well as communication, computer and military industry under the growth diffusion; Main line 3: in terms of consumption, we will continue to focus on travel service consumption such as tourism, airport, catering and leisure services benefiting from the rescue policy in the short term, and focus on the opportunities of mandatory consumer goods such as dairy products, condiments and food processing with price rise as the main line in the medium and long term; In terms of themes, we will continue to pay attention to investment opportunities related to the digital economy and the reform of state-owned enterprises.
