brief description of disk
Affected by the tense situation in Ukraine, A-Shares opened low in early trading on Tuesday. On the disk, precious metals, gas, energy metals, oil, mining and semiconductors rose against the market; Games, cultural media, medical devices, traditional Chinese medicine, chemical pharmacy, biological products, batteries, decoration, insurance, wind power and other industries led the decline. In terms of theme stocks, the cultivation of diamonds, the concept of civil explosion, the calculation of numbers from the east to the west, the concept of gold and the lithium extraction from Salt Lake led the increase, and covid-19 drugs, virtual digital people, NFT concept, cloud games, covid-19 detection, CRO, in vitro diagnosis, MLCC, intellectual property rights, Hongmeng concept, metauniverse, digital currency and so on were significantly callback.
message plane
the new energy storage development plan of the 14th five year plan will be issued
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. Many insiders expect that with the expansion of the installed capacity of the scenery in the 14th five year plan, the energy storage guarantee policies in various regions will be further expanded to promote the expansion of energy storage scale and the development of the industry.
Bureau of Statistics: the month on month decline in the sales price of commercial housing in January weakened
In January, the sales price of newly-built commercial housing in first tier cities increased by 0.6% month on month 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.
accelerate the allocation of RMB assets and foreign investors are optimistic about the long-term opportunities of A-Shares
On February 21, the three indexes continued the trend of shock consolidation. As of the closing of the day, the Shanghai composite index reported 3490.61 points, down 0.001% on the day; Shenzhen composite index closed at 13471.16 points, up 0.09%; The gem index closed at 2804.60 points, down 0.79%. In fact, the A-share market has continued to fluctuate and adjust since 2022. Under this background, many foreign institutions are bullish on the A-share market and believe that its valuation advantage is prominent. Insiders also said that under the support of economic fundamentals, undervalued and other factors, foreign investors are expected to continue to increase the allocation of Chinese assets.
Jufeng view
Medium term strategy:
Jufeng investment adviser believes that the liquidity at the macro level has been gradually improved, and the central bank has continuously cut reserve requirements and interest rates to release liquidity, indicating that the policy bottom has appeared; The medium-term market is expected to rise, but the construction of the market bottom is more complex and there is a time lag between the market bottom and the policy bottom. We should be more patient.
pre market judgment: on the periphery, the situation in Ukraine is tense, and US stocks are closed for one day due to the president’s day; European stocks fell across the board, with the German and French indexes falling more than 2%, and the Russian RTS index falling more than 13%; US oil rose nearly 3%, and cloth oil broke $97 / barrel. A shares are expected to open slightly lower and then continue to rebound at the current pace. Gold, crude oil and other sectors are expected to be sought after with funds.
In fact, the three major A-share indexes collectively opened 0.5% ~ 0.8% lower, and the gold and oil sectors opened higher. After the opening, the decline of the gem expanded to 2%, and the Shanghai index fell more than 1%, breaking through the support of the 10 day moving average. On the disk, gold, oil, natural gas, East West calculation, lithium and other sectors strengthened against the market; Games, medical devices, traditional Chinese medicine, wind power, semiconductors and other sectors led the decline. After 10:30, semiconductor, pharmaceutical, lithium battery, photovoltaic and other track stocks stopped falling and rebounded, the decline of the stock index narrowed, and the stock index fell again after 11:00. The decline of Shanghai stock index is still more than 1%, which is closely related to the sharp decline of nearly 4% in Kweichow Moutai Co.Ltd(600519) .
From the morning trend, the market presents a certain panic, the market trading volume is rapidly enlarged, and the low-level chips are fully exchanged, which is conducive to the market rebound.
Investment suggestions:
Before the Spring Festival, A-Shares were corrected continuously, and the overvalued track stocks and growth stocks were significantly adjusted. The undervalued blue chips reflected a certain degree of defensive. After the Spring Festival, the market liquidity will be improved, and the spring offensive will be officially launched. In the initial stage, it will still be a structural market, with value and growth one after another. In the short term, it is recommended to allocate secondary new shares with high growth and oversold in the annual report. We can pay attention to bargain hunting for the theme of infrastructure, but there is no need to chase up.
