Yesterday, the theme was active in turns, and new infrastructure sectors such as “counting from the east to the west” staged a rise in the limit, while traditional infrastructure stocks such as Zhejiang Construction Investment Group Co.Ltd(002761) , Yuancheng Environment Co.Ltd(603388) , Chengbang Eco-Environment Co.Ltd(603316) continued to rise.
On the news of traditional infrastructure, the overnight Zhejiang Construction Investment Group Co.Ltd(002761) announced that the closing price of the company’s shares increased by 170.88% and the cumulative turnover rate was 278.59% for 11 consecutive trading days from February 7 to February 21. During this period, it touched the abnormal fluctuation of stock trading for many times. Due to the recent abnormal fluctuation of the company’s share price, the company will check the abnormal fluctuation of stock trading.
It is not surprising that Zhejiang Construction Investment Group Co.Ltd(002761) was suspended after meeting the conditions for four stock price changes, so the emotional pressure may be relatively small. At the same time, yesterday’s theme sectors blossomed in many aspects, and the market sentiment was extremely hot. Therefore, it can not be ruled out that today’s follow-up stocks of traditional infrastructure may rise sharply.
In view of the sustainability of the market in the infrastructure sector, Guotai Junan Securities Co.Ltd(601211) believes that historically, the market rarely lasts for the whole year, but the steady growth chain will rotate. From the historical experience, the first is the central enterprises of large construction and large infrastructure, and then the industrial materials, such as building materials, coal, nonferrous metals, steel and petrochemical. These sectors rotate, especially in leading companies, which are likely to have a market all year round.
In terms of new infrastructure, the “counting from the east to the west” project has continued to ferment in the near future. According to the China economic times, at present, a new round of scientific and technological revolution and industrial reform are reshaping the global economic structure. As the core productivity of digital economy, computing power has become a new focus of global strategic competition. The era of computing power has come. Computing power is expected to replace heat and electricity and become a new kinetic energy and engine to drive the development of digital economy. East West calculation is considered to be another major infrastructure project after the South-to-North Water Transfer, West to East power transmission and west to east gas transmission. It is expected to become a new starting point for the new infrastructure that has been pregnant with for many years. In fact, according to Western Securities Co.Ltd(002673) , compared with the “South-to-North Water Transfer”, “west to East Gas Transmission” and “east to West calculation”, the investment volume is much higher than them.
In short, the concept of “counting from the east to the west” may be temporarily defined as the make-up rise of the traditional infrastructure sector. After the rise in the limit for two consecutive trading days, there may be differentiated demand today, that is, the front row stocks continue to rise in the limit, but the back row stocks begin to fall behind. In addition, the overseas stock markets fluctuated sharply last night. For example, the Russian stock market closed down sharply on Monday, the Russian MOEX index closed down more than 10%, and the Russian RTS closed down 13%; Major European stock indexes closed down collectively, with Germany’s DAX30 index, France’s CAC40 index and Europe’s Stoxx 50 index falling by more than 2%; Us NASDAQ futures once fell 2.7%. The collective decline of overseas indexes may speed up the division of the sector, but since the new infrastructure is also one of the main sectors, if there are major differences in the follow-up, there may be a return demand for funds at that time, and the sector may come out of a wave of full-blown market.
