Due to the sharp decline of the situation in Ukraine this week, there was a huge earthquake in the global financial market. After the news of the exchange of fire between Russia and Ukraine spread all over the world, the global stock market fell sharply and gold and crude oil soared. After the panic passed, the stock market rebounded sharply and the oil price fell significantly. The US NASDAQ index once showed a roller coaster trend of pulling up from 3% down to 3% up. Finally, US equities rebounded from the bottom of the week, the NASDAQ index rose 1%, and European stock markets recovered most of their losses after a sharp decline.
The main indexes of a equity week were significantly differentiated, and the gem index (399006. SZ) continued the rebound trend of last week, rising by 1.03% this week; The Shanghai Composite Index ( Ping An Bank Co.Ltd(000001) . SH) fell 1.13% this week; Shenzhen Composite Index (399001. SZ) fell 0.35% this week.
In terms of industry sectors, the low-level blue chips in the direction of “steady growth” performed poorly this week, and the coal sector showed a diving trend on Friday. The equity of the high boom track rebounded in turn this week. Chips, lithium mines, CXO and other hot sectors that oversold in the early stage all showed a sharp upward trend on one trading day this week.
China Merchants Fund said that there is no need to be pessimistic about the short-term weak consolidation trend of the current A-share market. It is expected that the market will gradually heat up in March. With the rapid digestion of geopolitical risks by the market and the gradual dissipation of the impact of the Fed’s expectation of raising interest rates, the bottom structure of the A-share market will gradually become clear.
Haitong Securities Company Limited(600837) said that historical data showed that the impact of regional conflicts on the stock market was relatively short. Referring to 2014, the impact of Russia Ukraine conflict on the stock market may gradually disappear. The market fell at the beginning of the year due to the conflict between Russia and Ukraine and the disturbance of the expectation of interest rate increase in the United States. The disturbance dissipated, and the spring market with steady growth was just at that time. The market style is moving from value led to growth led, such as photovoltaic wind power in low-carbon economy and cloud computing data center in digital economy.
The Pacific Securities Co.Ltd(601099) Securities believes that there are more investment opportunities in traditional infrastructure this year. First, we should pay attention to leading enterprises in subdivided industries with abundant orders and strong anti risk ability. Second, we can pay attention to the investment opportunities in the field of vibration reduction and isolation under high-quality development. Third, there is a broad demand for the construction of “Urban Agglomeration” on the track. Fourth, under the expectation of the marginal improvement of infrastructure investment in the second half of the year, we can pay attention to the undervalued targets. Fifth, focus on infrastructure leading enterprises with stable main business and mineral resources. Sixth, in the context of dual control of energy consumption, it is suggested to pay attention to high-quality targets in green power, BIPV and other related fields.
1. Swift: will comply with relevant provisions on sanctions against Russia in accordance with legal instructions
Swift said it would comply with the relevant provisions on sanctions against Russia in accordance with legal instructions.
Swift said that it had taken note of the joint statement of Europe and the United States on sanctions against major Russian banks and was contacting European regulators to obtain detailed information about relevant entities.
According to the first financial news, if it is kicked out of the system, Russian financial institutions will be separated from the international financial system and blocked by the international financial information exchange system, so that Russian funds cannot participate in the financing between China and international financial institutions. All funds and financial activities in Russia can only be barter transactions or cash transactions. Under the current financial system, this blow is not exaggerated.
2. Buffett made 567.2 billion last year! More than 900 billion in cash
On February 26th, the annual report of Berkshire Hathaway, which is controlled by the highly anticipated “stock god” Buffett, was released. At the same time, Buffett’s annual letter to shareholders was also released.
In 2021, Berkshire Hathaway’s operating profit was US $27.455 billion (about 173.4 billion yuan), and in 2020 it was US $21.922 billion, an increase of 25% over last year; The net profit attributable to shareholders was US $89.795 billion (about 567.2 billion yuan), compared with us $42.521 billion in the same period last year, an increase of 111%.
By the end of 2021, Berkshire’s cash of $144 billion (about 909.6 billion yuan) had attracted much attention. Buffett said Berkshire would always hold more than $30 billion in cash and equivalents.
3. The situation in Russia and Ukraine worsened, and the tanker freight rate soared more than five times a day
Since the escalation of the situation in Russia and Ukraine, the passage of merchant ships in many sea areas near the two countries has been affected. Since the 24th, the Ukrainian military has stopped commercial shipping at the port, and Odessa port, Ukraine’s largest port, has also been closed. As the main export goods of Russia and Ukraine are bulk commodities such as energy and grain, the related shipping prices have also been greatly affected. Among them, the freight rates of small and medium-sized oil tankers have increased by more than five times a day.
Analysts pointed out that the reasons for the “oil grab” are: first, traders are worried that Russia’s oil and gas exports will be sanctioned. In addition, the market is also worried that Russian shipping companies will be sanctioned, which will lead to a significant reduction in the capacity of some ship types and an increase in freight rates. Industry insiders said that there are still many uncertain factors in the impact of the situation in Russia and Ukraine on global shipping, which will depend on the deterioration of the situation and the strength of follow-up sanctions.
4. The “private run” of public offering star fund managers is a small climax
In the past two months of 2022, many well-known fund managers “went private”. The first to bear the brunt is Dong Chengfei, the top flow fund manager and the former global deputy general manager of Xingzheng, who decided to “go private” and join “Ruijun assets”; Zhang Xiaoren, the former fund manager of Baoying fund, and Chen Jianbo, the former fund manager of the quantitative investment department of China Merchants Fund, have joined the private placement industry. Nie Wei, the former fund manager of Prudential fund, and Zeng Xiujuan, the former investment manager of Zhonghai fund, have joined hands to start a new private placement.
In addition, Xiao Xiao, the former general manager of the equity investment department of Baoying fund, and Cui Ying, the former director of the investment department of Hua’an fund, will probably go private. Ge Chen, the former well-known pharmaceutical fund manager of Boshi fund, may join Jinglin assets, a well-known private placement company.
5. The State Council printed and distributed the national plan for the development of the cause of aging and the elderly care service system during the 14th five year plan
Recently, the State Council issued the national plan for the development of the cause of aging and the pension service system during the 14th five year plan. The plan first mentioned the silver economy and encouraged financial institutions to develop pension financial products, including public funds.
The public fund industry said that the central top-level plan first mentioned the “silver economy”, and the public fund ushered in new opportunities for the development of pension finance. Through the vigorous promotion of the industry, the pension target fund has become an important category of public funds and an important financial product for public offering to help the construction of the third pillar of pension. In the future, the fund company will continue to layout relevant products to help the development of “silver economy”.
At the beginning of March, China’s PMI data was released, which reflects the outlook of China’s industrial manufacturing industry and may have an impact on the industry trend in the direction of “steady growth”.
The US unemployment rate data released on March 4 may affect the rhythm of the Fed’s interest rate hike and then the trend of US stocks.
According to the issuance arrangement, seven new shares will be issued next week (excluding the Beijing stock exchange). The main information of new shares is as follows:
Salem biology: Salem Biotechnology Co., Ltd., founded in 1999, is a biomedical enterprise focusing on the field of antiserum and antitoxin, committed to the research, development, production and sales of preventive and therapeutic drugs in the field of biotoxin and biosafety. At present, the company’s existing products focus on the field of antiserum and antitoxin treatment, including anti snake venom serum series, horse broken immunoglobulin and anti rabies serum. In addition, the equine tetanus immunoglobulin (f (AB) 2) produced by the company is also an exclusive drug for the prevention and treatment of tetanus in China.
Zhejiang HENGWEI: HENGWEI battery was founded in 1999 and headquartered in Jiaxing City, Zhejiang Province. It specializes in the R & D, production and sales of high-performance environmental friendly zinc manganese batteries. Its main products include LR03, LR6, LR14, lr20 and 6LR61 series alkaline batteries and R03, R6, R14, R20 and 6f22 series carbon batteries. Its products are widely used in small household appliances New consumer appliances, wireless security equipment, smart household products, outdoor electronic equipment, wireless communication equipment, medical electronic instruments, electric toys, digital products, mobile lighting and other civil and industrial fields.
Wankong Intelligent Manufacturing: specializes in the R & D, manufacturing and sales of high and low voltage electrical cabinets, intelligent medium voltage switchgear, medium voltage circuit breakers, industrial control cabinets and other products. It has five production bases in Lishui, Tianjin, Chengdu, Wenzhou and Taicang, and has three sector brands of “Wankong”, “Moji” and “Xinbai”.
Aoki Co., Ltd.: main business is to provide one-stop comprehensive e-commerce services for global famous brands. The company’s main business covers three sectors: e-commerce sales services, brand digital marketing, technical solutions and consumer operation services. The specific services include e-commerce agent operation services, channel distribution, e-commerce channel retail, brand digital marketing, technical solutions, consumer operation services, etc.
slinger : the company is a high-tech enterprise focusing on the field of industrial automation testing, mainly engaged in the design, R & D, production and sales of industrial automation testing products such as embedded intelligent instrument modules, and providing customized professional solutions for downstream customers’ Intelligent Manufacturing Systems and industrial automation testing systems. The company has served well-known Chinese enterprises such as yuntaili, Zhenyun precision, precision measurement and control, Guangda group, Hon Hai group and vivo. At the same time, it has also become a qualified supplier of apple, Amphenol, Facebook, Tokyo electronics and other companies.
Gaoling Information : the company is mainly engaged in the R & D, production and sales of military telecommunication network communication equipment, environmental protection Internet of things application products and network and information security products. The company has established a strong market first mover advantage in the field of military telecommunication network communication. The company is the main supplier of military telecommunication network communication equipment. It is one of the two enterprises selected in the competitive negotiation and procurement of program-controlled switching system equipment of national defense unit B in 2018 and 2020. The number of selected product models is the largest, and covers the core network and access network of military telecommunication network.
softcom power : the company is a software and information technology service provider, established in Beijing in 2005, with nearly 100 branches and more than 20 global delivery centers in more than 40 cities around the world, with more than 85000 employees. The main customers include Huawei, Tencent, Baidu, Bank Of China Limited(601988) and other large well-known enterprises.
