Looking back on Tuesday’s A-share market, the Shanghai and Shenzhen stock markets opened low across the board, and the Shanghai index and Shenzhen Composite Index fluctuated all day. With the correction of heavyweights, the index performance was relatively weak; The gem index once rebounded and occasionally turned red in the session. Although it fluctuated and fell again in the late trading, it was good to receive the Red Cross Star. On the whole, the gem index performed strongly.
As mentioned in Soochow Securities Co.Ltd(601555) , after the Shanghai Composite Index rose and fell on Monday, it ushered in an inertial adjustment on Tuesday, especially the decline of financial stocks, which dragged down the index. The gem index is obviously strong in the near future, and the market also has a certain profit-making effect, which brings certain operation opportunities to investors in index adjustment. At present, the overall market is in a high adjustment state. With the weakening of the short-term index, the differentiation between plates will be more prominent. It is suggested that investors continue to grasp the subject rotation market, pay attention to the technology, consumption and other sectors on bargain hunting, and pay due attention to the rotation opportunities of the pork sector at the end of the year.
Technically, Guosheng securities mentioned that Shanghai index failed to hit 3731 for the third time in the year. Although the whole market showed strong confidence, it did not constitute a continuous upward driving force in the short term. The market may choose a short-term correction to re store energy . From the time interval of several attacks on the high point of stage 3731, the energy storage time is shorter than the previous time, and the index low point rises. It is expected that this round of index adjustment will be faster and higher than the previous time.
As for the future, Central China Securities Co.Ltd(601375) said that whether the Shanghai index can challenge the new high in the year in the future still depends on the promotion of core assets and the continuous entry of incremental funds. It is recommended that investors continue to pay attention to the changes in policy and capital . It is expected that the short-term slight shock of the Shanghai index is more likely, and the short-term slight consolidation of the gem is more likely. We suggest that investors pay close attention to investment opportunities in power grid equipment, aerospace military industry, electronic technology and other industries in the short term, and continue to pay attention to investment opportunities in undervalued blue chips in the middle line.
In addition, Dongguan Securities pointed out that the rising momentum has slowed down, but the volume energy of the two cities is still sufficient, and the northward capital continues to flow in net. The market hot spots are obvious, and the overall atmosphere is still warm. It is expected that the market is expected to continue the shock rebound trend, pay attention to the rotation rhythm of the plate and the change of volume energy . In terms of operation, it is recommended to pay attention to finance, food and beverage, household appliances, building materials, electrical equipment, TMT and other industries.
In terms of operation strategy, Everbright Securities Company Limited(601788) mentioned that cross year blue chip market is approaching, and the characteristics of blue chip market with obvious winners in each subdivided industry will be clearer . In the direction of track, relatively low varieties can be preferentially configured, including high-quality developers and building materials enterprises after the expected mitigation of real estate credit risk. At the same time, the profit space of food and beverage segments is expected to be repaired; Theme direction, focusing on opportunities for adjustment and return of meta universe and digital currency.
Haitong Securities Company Limited(600837) believes that in 2022, the market is expected to switch to a big year of value investment again, and some high-quality leading stocks with excellent performance are expected to usher in the opportunity of restorative rise . Now this round of consumption shares represented by the Baijiu industry has opened up the trans year market, and is expected to take advantage of the opportunity of the peak season before the Spring Festival to promote the trans year market trend to the spring offensive. The trend of consumer stocks is likely to cross the bull bear cycle. Although it will be adjusted in the short term, the long-term trend is still an upward trend. Consumption is China’s comparative advantage. The world’s largest consumer market, whether consumption upgrading or total consumption expansion, will bring investment opportunities for brand consumer goods. Therefore, in the long run, the profitability of consumer stocks is relatively stable. Consumer stocks with brand value and moat can be slowly distributed, especially the leading companies in various industry sectors.
In terms of allocation ideas, Huaxin Securities said that first, structural opportunities under medium-term real estate stability risk (real estate and banks); Second, consumption is expected to warm up (Baijiu, dairy products, beer); Third, “double carbon wide credit” + strong science and technology theme (wind power, photovoltaic, new energy vehicles – parts, lithium upstream resources, rare earth permanent magnet, UHV, semiconductor).
In addition, YueKai Securities pointed out that in the long run, under the triple resonance of incremental capital admission, gradual improvement of policies and expansion of market scale, Beijing stock exchange hopes to usher in the valuation repair market. It is suggested to pay attention to specialized special new concept targets and some high growth undervalued enterprises. At the same time, Beijing stock exchange does not need the market value requirements of stock positions, There are no clear restrictions on offline purchase and sale rules, investors can pay appropriate attention to the new participation opportunities of Beijing stock exchange .
Considering the recent performance, valuation and profitability of the industry, China Post Securities believes that the recent focus is optimistic: the central economic work conference releases the signal of stable growth, and the consumption sectors such as food and beverage and household appliances are strong again under the background of consumption recovery. After preliminary adjustment, the valuation is reasonable, and the participation of relevant sectors is cost-effective. In the long term, we continue to be optimistic about the main line of new energy. The traditional production capacity is difficult to release due to the impact of environmental protection policies. New energy meets the carbon neutralization policy and the future energy development direction. We are optimistic about the middle reaches of electrical equipment related industries, and we can continue to pay attention to the downstream new energy vehicles. Benefiting from the boost of high-tech themes by the opening of the Beijing stock exchange, the electronics and semiconductor industries have rebounded continuously recently. Under the cross year market expectation, we can continue to pay attention to the growth industries.
