Financial Associated Press, February 22 – after the index opened low today, it was weak and volatile all day. Individual stocks showed a general decline pattern, and more than 3600 stocks in the two cities fell. On the sector, gold, oil and gas and other risk aversion sectors strengthened, the concept stocks of “counting from the east to the west” differentiated, and the front row stocks continued to be strong. In addition, Kweichow Moutai Co.Ltd(600519) , Contemporary Amperex Technology Co.Limited(300750) and other heavyweights fell to varying degrees today, dragging down the index.
sector
In the market environment of “light index and heavy individual stocks”, today, in addition to the continued activity of the concept of “counting from the east to the west”, the risk aversion sector also strengthened in shock.
The concept of “counting East and counting West” such as data center continued to show the trend of limit trading, but the whole sector rose and fell. As of the closing, GEM stocks Capitalonline Date Service Co.Ltd(300846) , Yimikang Tech.Group.Co.Ltd(300249) were promoted to three consecutive boards, Ningbo Construction Co.Ltd(601789) , Mcc Meili Cloud Computing Industry Investment Co.Ltd(000815) , Shanghai Yanhua Smartech Group Co.Ltd(002178) , Beijing Transtrue Technology Inc(002771) , Guizhou Bc&Tv Information Network Co.Ltd(600996) , Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912) and other main board stocks continued to rise, while Beijing Dataway Horizon Co.Ltd(301169) , yunchuang data, Shenzhen Zqgame Co.Ltd(300052) , Hylink Digital Solution Co.Ltd(603825) , Shenzhen Asia Link Technology Development Co.Ltd(002316) , {002602 Follow the trend stocks such as Beijing Asiacom Information Technology Co.Ltd(301085) fell more than 5%.
In fact, the concept of “counting from the east to the west” has its own differentiation demand in the case of the rise and fall of the limit for two consecutive trading days and the collective decline of the overseas index overnight. As the concept of “counting from the east to the west” is the main line sector, which is repeatedly active or has a high probability. In case of major differences in the follow-up, there may be a demand for capital return, which may stimulate the sector to go out of a wave of full-blown market.
In terms of hedging sectors, hedging sectors such as oil and gas and precious metals opened stronger in the morning, and stocks such as Chenzhou City Jingui Silver Industry Co.Ltd(002716) , Jinan High-Tech Development Co.Ltd(600807) , Shanghai Yimin Commercial Group Co.Ltd(600824) , Huaiji Dengyun Auto-Parts (Holding) Co.Ltd(002715) rose by the limit; Chinese medicine stocks changed in the afternoon. The gem Shanghai Kaibao Pharmaceutical Co.Ltd(300039) once raised the closing board and Guiyang Xintian Pharmaceutical Co.Ltd(002873) sealed the trading limit. Analysts believe that under the escalation of tensions, the global market presents an obvious risk aversion transaction. Globally, geopolitical factors have a positive impact on gold prices, oil prices, US bonds and sea freight, and are bad for risky assets such as stock markets.
individual shares
After Zhejiang Construction Investment Group Co.Ltd(002761) was suspended due to the abnormal fluctuation of the company’s share price recently, the emotional pressure was not large. In the morning, Chengbang Eco-Environment Co.Ltd(603316) was promoted to 7-board, and Poly Union Chemical Holding Group Co.Ltd(002037) started in the same batch as Zhejiang Construction Investment Group Co.Ltd(002761) withdrew the limit. Although Zhejiang Communications Technology Co.Ltd(002061) , Anhui Gourgen Traffic Construction Co.Ltd(603815) among the low-end stocks also touched the trading limit in the session, on the whole, the low-end stocks in the same direction did not get out of the full outbreak of the make-up market, so the traditional infrastructure sector may take the route of “following the trend stocks weaken first and then strengthen near the resumption of Zhejiang Construction Investment Group Co.Ltd(002761) “.
It is worth mentioning that today’s Dalian My Gym Education Technology Co.Ltd(002621) , Hengbao Co.Ltd(002104) and other high-level stocks have confirmed that they have stepped out of the second wave of main rise, which is a positive stimulus to short-term emotions. Previously, the second wave market of high-end stocks was driven by Andon Health Co.Ltd(002432) , and then Shandong Chiway Industry Development Co.Ltd(002374) , Shaanxi Jinye Science Technology And Education Group Co.Ltd(000812) also stepped out of the multi wave main rising trend, which led to strong capital consistency of the top sector San Yang Ma (Chongqing) Logistics Co.Ltd(001317) , and there was no second wave trend of San Yang Ma (Chongqing) Logistics Co.Ltd(001317) due to homogenization. Similarly, in the recent mood of strong consistency, the leading stocks of the concept of “counting from the east to the west” may also reach the top.
future analysis
In terms of index, as of the close, the Shanghai index fell 0.96%, the Shenzhen composite index fell 1.29% and the gem index fell 1.38%. The turnover of Shanghai and Shenzhen stock markets today was 978.3 billion, 77.9 billion more than that of the previous trading day. Northbound funds sold a net 7.34 billion yuan throughout the day, including 4.242 billion yuan for Shanghai Stock connect and 3.098 billion yuan for Shenzhen Stock connect.
Index heavyweights fell again today, Kweichow Moutai Co.Ltd(600519) , Midea Group Co.Ltd(000333) , Great Wall Motor Company Limited(601633) , Luxshare Precision Industry Co.Ltd(002475) , China Communications Construction Company Limited(601800) and other index heavyweights fell by more than 3%, which led to the continued differentiation of today’s index, and the gem index was adjusted to near the previous low. Previously, Haitong strategy said that this year’s probability is not a bear market, but a shock market. In the expectation of the shock market, the gem refers to the possibility of technical withdrawal near the low point built on February 14 and after falling out of the new low.
In terms of sentiment, it rose 895, down 2494 from the previous trading day. Excluding ST shares and unopened new shares, the trading limit was 46, down 52 from the previous trading day; 24 fried boards, an increase of 7 over the previous trading day; Gem / Kechuang board stocks rose by 4, down 9 from the previous trading day; There were 2 drop limits, an increase of 2 over the previous trading day.
The number of gainers today fell below 1000. According to quantitative experience, the number of gainers tomorrow is expected to pick up. In addition, although the short-term sentiment has dropped compared with yesterday, the overall atmosphere is still good. Yesterday, 31 board stocks continued to rise by the limit today, and the promotion rate of board stocks exceeded 50%.
market highlights
1. China commodity futures closed up more than 7%
On February 22, China’s commodity futures closed, led by energy and chemical industry. Fuel oil rose by more than 7%, asphalt rose by more than 6%, crude oil rose by more than 5%, Lu rose by more than 4%, Douer and PTA rose by more than 3%, Zheng you and LPG rose by more than 2%, Shanghai aluminum and soda ash rose by more than 1%, and corn and coke rose slightly; NR and pigs fell by more than 2%, ferrosilicon and hot coil fell by more than 1%, and PVC and iron ore fell slightly.
2. The decline of Russia RTS index rapidly expanded to 10%
February 22 – the decline of Russia RTS index rapidly expanded to 10%. Russian President Vladimir Putin signed a presidential decree yesterday recognizing the independence of the “people’s Republic of Donetsk” and the “people’s Republic of Lugansk”. Since then, the United States and the European Union announced sanctions against Russia.
