The changing situation in Russia and Ukraine affects the nerves of the capital market. On February 24, the national defense industry, gold and oil sectors continued to be active.
In the defense and military industry sector, Landocean Energy Services Co.Ltd(300157) (300157. SZ), Xi’An Tian He Defense Technology Co.Ltd(300397) (300397. SZ) “20cm” limit, Baota Industry Co.Ltd(000595) (000595. SZ), Allwin Telecommunication Co.Ltd(002231) (002231. SZ) achieved 10% limit, Xinjiang Machinery Research Institute Co.Ltd(300159) (300159. SZ), visualisation Technology (301213. SZ), Haimo Technologies Group Corp(300084) (300084. SZ), Jiangxi Xinyu Guoke Technology Co.Ltd(300722) (300722. SZ), Xi’An Chenxi Aviation Technology Corp.Ltd(300581) (300581. SZ) and other stocks led the gains.
On February 24, the military ETF fund once soared by nearly 3%, and the total turnover of the whole day reached 1.582 billion yuan. As of the close, the military ETF fund rose more than 1%.
Before the sharp rise of the sector on the same day, there were funds to “ambush” the market of the military industry sector in advance. From the beginning of the year to February 23, the A-share national defense and military industry sector fell by more than 15%, becoming the leading sector in the market. At present, there are a total of six military ETFs on the market, but all of the six theme ETFs ushered in net capital inflows during this period, attracting a total of nearly 3.7 billion yuan. The allocation of public funds to the military industry has also been continuously improved, and its scale has continued to hit a record high.
Many institutions also expressed their optimism about the market prosperity of the military industry sector.
According to the research report released on February 24, the equity incentive of listed companies subordinate to military central enterprises is expected to accelerate in 2022. The military industry of national defense has a high growth certainty. In 2022, it entered a two wheel drive sweet period of “business cycle + asset integration” and “endogenous + extension”. In the follow-up, “domestic demand + foreign trade” and “military products + civilian products”, the military industry index is expected to replicate the performance of the wind power index in the second half of 2021 in 2022, and the latter ranks first. 2022 is the year when the “three-year action of state-owned enterprise reform” ends, and the relevant reform process is expected to accelerate. Scale effect + refined management, “small core and large cooperation”, and the performance flexibility of the main engine plant in the next five years.
According to Cathay Pacific Fund, in terms of market performance, the adjustment range of military ETF from the high level in January reached 17.57%, which was relatively sufficient. After early adjustment, the PE valuation of CSI military industry index is 64.30, which is 33.41% of the historical quantile. The valuation is relatively low and the investment safety margin is high.
From the perspective of individual stocks, on February 24, the capital inflow scale of Changsha Jingjia Microelectronics Co.Ltd(300474) (300474. SZ), Xi’An Tian He Defense Technology Co.Ltd(300397) , Bestway Marine & Energy Technology Co.Ltd(300008) (300008. SZ) in the national defense and military industry sector ranked among the top, with the main positions increased by more than 100 million yuan.
Xi’An Tian He Defense Technology Co.Ltd(300397) on February 24, it was listed on the dragon and tiger list, and the net sales in the list were 6.9664 million yuan. Hot money played an important role in promoting Xi’An Tian He Defense Technology Co.Ltd(300397) the limit rise. Buy one and buy two seats were real hot money Guotai Junan Securities Co.Ltd(601211) Shanghai branch and Guotai Junan Securities Co.Ltd(601211) Shenzhen Dengliang Road, with net purchases of 47.55 million yuan and 42.9431 million yuan respectively. In terms of sales, one seat sold was Zhongjin fortune Nanjing Central Road, with a net sales of 102 million yuan.
