Macro strategic view
[macro] China’s “steady growth” has achieved initial results, and the changes in Russia and Ukraine have exacerbated global asset price fluctuations
2 [strategy] although the market has external impact, it is at the bottom of the range as a whole. Don’t panic too much
Industry perspective
3 [transportation logistics] industry valuation reconstruction, continue to focus on express delivery
4 [Medicine and biology] the pharmaceutical sector has a strong performance in 2021, ushering in a good opportunity for layout
5 [media] is optimistic about the relevant companies whose main business is stable and yuanuniverse business is expected to contribute
6 [household appliances] marginal repair, high-quality undervalued companies usher in valuation repair
7 [machinery manufacturing] layout the track of offshore wind power equipment with high boom and low value, and pay attention to the logic of domestic substitution of domestic tools
8 [light industry paper] the edge of real estate is relaxed and the opportunity for sector repair is coming
9. The valuation of [food and beverage] famous liquor has gradually dropped to a reasonable level, and the allocation time has come
10 [building materials and new materials] the weak trend of building materials is difficult to change in the short term. Pay attention to individual stock opportunities
11 [communications] the user data of operators continued to improve, and the East digital West computing helped the steady growth of new infrastructure
12. [chemical industry] high price of crops and the demand for catalytic potassium fertilizer for fertilizer preparation in spring ploughing. It is suggested to pay attention to coal chemical industry under the high price of crude oil
13. [agriculture, forestry, animal husbandry and fishery] recommended animal protection leader China Animal Husbandry Industry Co.Ltd(600195)
14. [construction] steady growth, new opportunities
[Computer] is optimistic about the industry’s information innovation, focusing on the track with reasonable valuation, high growth and high prosperity
16 [environmental protection and public utilities] Fengguang base phase II project planning exceeded expectations, and the coal price long-term coordination mechanism boosted the improvement expectation of thermal power cost
17. [real estate] demand side policies were gradually introduced to hedge the downward trend of fundamentals
18 [power equipment and new energy] the rise in the price of traditional energy is conducive to stimulating the demand for new installed capacity of new energy
19. In [overseas research], it is possible to explore the bottom in multiple dimensions and switch between deterministic and high-quality growth
