Today, the index rebounded collectively, and the gem index led the rise all day. On the sector, the linkage of the medical sector rose sharply in the morning, and the power sector strengthened in the afternoon. On the whole, the sectors showed the characteristics of rotating rebound. The risk averse sectors rising against the trend yesterday collectively adjusted today.
sector
In the morning, the pharmaceutical and medical sector rose sharply, and the green power sector strengthened in the afternoon.
In early trading, the pharmaceutical and medical sectors such as cro concept, medical services, covid-19 treatment, covid-19 detection and medical devices rose sharply, and shares such as Chengda pharmaceutical, Anxi biology and "Yamao" Topchoice Medical Co.Inc(600763) rose one after another.
From the news side, according to the statistics of the Hong Kong Center for health protection, up to now, about 10000 confirmed cases of covid-19 pneumonia have been added in Hong Kong on the 25th. According to Anxin securities, judging from the global situation, the detection volume is expected to remain at an all-time high. The demand of overseas antigen detection market increases, and the global nucleic acid detection market rises accordingly.
In terms of performance, as of February 25, more than half of pharmaceutical enterprises have disclosed the performance forecast of 2021. From the estimated net profit of these pharmaceutical enterprises, nearly 80% of the enterprises are expected to have a positive net profit, and the relatively bright performance is mainly concentrated in the fields of vaccines and testing. Vaccine stocks Chongqing Zhifei Biological Products Co.Ltd(300122) and Chengdu Kanghua Biological Products Co.Ltd(300841) with the highest net profit rose by more than 7% and 6% respectively today, while testing stocks Beijing Hotgen Biotech Co.Ltd(688068) and Zhejiang Orient Gene Biotech Co.Ltd(688298) with the highest net profit rose by more than 10% and 14% respectively today.
In the afternoon, the capital returned to the track, and the green power sector rose suddenly. The Huaneng Power International Inc(600011) and Longyuan Power with a market value of 100 billion yuan rose the limit successively, Shenyang Jinshan Energy Co.Ltd(600396) , Ningbo Energy Group Co.Ltd(600982) , Huadian Power International Corporation Limited(600027) , Ning Xia Yin Xing Energy Co.Ltd(000862) , Guangdong Electric Power Development Co.Ltd(000539) also rose the limit one after another.
From the perspective of policy, under the background that the state attaches great importance to the investment and construction of scenery and the expectation of large-scale investment in the new energy industry to promote steady economic growth, the power companies of major state-owned enterprises are expected to increase the investment scale of scenery and construction. Changjiang Securities Company Limited(000783) the research report points out that the call of "carbon neutrality" era and power market-oriented reform will run through the whole "14th five year plan" period, and the internal value of power operators will be comprehensively revalued. In this context, the reform and improvement of the power price formation mechanism is expected to catalyze the improvement of the operating margin of power enterprises.
In terms of business performance, the performance of the core target in green power is bright. It is estimated that the net profit attributable to the parent company in 2021 will increase by more than 100% year-on-year, and the two shares will rise by more than 7% and 6% respectively today. In addition, the Ning Xia Yin Xing Energy Co.Ltd(000862) , Ningbo Energy Group Co.Ltd(600982) with the same sharp rise in the performance forecast rose by the daily limit today.
individual shares
This week, many high-end stocks went out of the a-word kill, Poly Union Chemical Holding Group Co.Ltd(002037) , Chengbang Eco-Environment Co.Ltd(603316) , Hengbao Co.Ltd(002104) , Shandong Swan Cotton Industrial Machinery Stock Co.Ltd(603029) , Beijing Hanjian Heshan Pipeline Co.Ltd(603616) . The unstable trend of these high-level stocks led Zjamp Group Co.Ltd(002758) which did not seal the trading limit at the end of yesterday to make up for the decline directly at the opening of today's trading limit. It also led to the weak performance of high-level stocks in the concept of "counting East and west" which should be repaired today, Ningbo Construction Co.Ltd(601789) , Guizhou Bc&Tv Information Network Co.Ltd(600996) , Capitalonline Date Service Co.Ltd(300846) all fell sharply.
In this context, there are generally two ideas for active funds: 1) the promotion and elimination competitions are carried out simultaneously, but most of the eliminated stocks are dominated by the trend of continuous adjustment, and there are few cases such as Black Peony (Group) Co.Ltd(600510) which can reverse the limit for many times in a row. In short, the best way to deal with "survivor bias" may be to wait for high-level stocks to return to a benign trend, or wait for emotions to return to a rising period; 2) The space unit height may be continuously compressed. Previously, the leading stocks in the infrastructure sector that relied on the continuous word limit were Poly Union Chemical Holding Group Co.Ltd(002037) , Chengbang Eco-Environment Co.Ltd(603316) , Ningbo Construction Co.Ltd(601789) . These two stocks stopped at 8-link board, 7-link board and 7-link board respectively. Then Mcc Meili Cloud Computing Industry Investment Co.Ltd(000815) who was promoted to 6-link board today may have greater pressure to connect the board again at the beginning of next week.
future analysis
In terms of index, as of the close, the Shanghai index rose 0.63%, the Shenzhen Composite Index rose 1.21% and the gem index rose 2.58%. The turnover of Shanghai and Shenzhen stock markets today was 1018.8 billion, a decrease of 343.9 billion compared with the previous trading day. Northbound funds bought a net 6.385 billion yuan throughout the day, including 3.323 billion yuan for Shanghai Stock connect and 3.062 billion yuan for Shenzhen Stock connect.
The three major US stock indexes opened lower and went higher overnight, and today's A-share index also began to repair. In fact, yesterday's index plunged sharply in the afternoon and rebounded in the last half hour. This daily pattern appeared on February 22 and February 14, and rebounded the next day. Therefore, today's index rebound is not surprising. As of the closing, the index has dropped compared with the opening, but if there is no big bad news at the weekend, the index may continue to repair at the beginning of next week. After all, the current situation of shaking the market has not changed.
In terms of sentiment, it rose 3383, an increase of 2725 over the previous trading day. Excluding ST shares and unopened new shares, the daily limit was 58, an increase of 23 over the previous trading day; 25 fried boards, 16 less than the previous trading day; Gem / Kechuang board stocks rose by 5, an increase of 1 over the previous trading day; There were 6 drop limits, 25 less than the previous trading day.
Today, the number of rising companies picked up sharply as scheduled, but the focus of sentiment indicators continued to decrease, which is either related to the "a-word kill" of high-level stocks, or related to the weak repair of the infrastructure sector that should have taken the lead in the rebound.
market highlights
1. The main contract of soda ash in the closing of China commodity futures fell by the limit
On February 25, China's commodity futures closed, led by the black series. The main contract of soda ash fell by the limit. Zheng coal fell by more than 9%, coke and ferrosilicon fell by more than 5%, coking coal fell by more than 4%, manganese silicon and rapeseed meal fell by more than 3%, urea and thread fell by more than 2%, soybean meal and eg fell by more than 1%, and soybean oil and NR fell slightly; LPG rose by more than 3%, beans I and II rose by more than 2%, PTA and crude oil rose by more than 1%, and corn and pulp rose slightly.
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