[Jufeng viewpoint]
Affected by the escalation of the situation in Ukraine, A-Shares opened low in early trading on Wednesday, led by the gem. On the disk, mining, traditional Chinese medicine, shipping ports, petroleum, nonferrous metals, coal, gas, agriculture, animal husbandry, feeding and fishing, photovoltaic, logistics, power supply equipment and other industries led the increase; Battery, semiconductor, aerospace, shipbuilding, electronic components, wind power and other industries led the decline. In terms of subject stocks, China Russia trade concept, combustible ice, oil and gas equipment and services, aquaculture, shale gas, transgenic, agricultural planting and natural gas led the rise, while blade batteries, solid-state batteries, CRO, automobile chips and IGBT led the decline.
[technical review]
The market has entered the third wave of rising market on the weekly line. Now, after the adjustment of the third wave of rising market, the market has formed a medium-term volatile market.
In the short term, the market rebounded after the Spring Festival, which is expected to gradually shake and bottom. The overall market still fluctuates in a large range at 34003700 points.
[hot sector]
The concept of trade concept in Russia has been stronger: the concept of trade concept of trade concepts in Russia has been stronger: the concept of trade concepts in Russia: the concept of trade concepts in the following: ducducducducducducducconceptof trade: the concept of a trade concept in the following: the concept of a trade concept in Russia: the concept of a trade concept in Russia: the concept of a trade concept in the concept of trade concept in Russia: the concept of trade concept of a stronger concept of trade concept in the following: Ningbo Water Meter (Group) Co.Ltd(603700) \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\, Chang Chun Eurasia Group Co.Ltd(600697) and other gains were among the top.
The pharmaceutical sector rose: Gansu Longshenrongfa Pharmaceutical Industry Co.Ltd(300534) 20% limit, Guangdong Jiangxi Wannianqing Cement Co.Ltd(000789) , Dali Pharmaceutical Co.Ltd(603963) , Kunming Longjin Pharmaceutical Co.Ltd(002750) , Jilin Zixin Pharmaceutical Industrial Co.Ltd(002118) limit, Xiangxue Pharmaceutical Co.Ltd(300147) , Jiangsu Kanion Pharmaceutical Co.Ltd(600557) ., Chongqing Pharscin Pharmaceutical Co.Ltd(002907) and others led the increase.
The photovoltaic sector rose in the afternoon: Sineng Electric Co.Ltd(300827) rose by more than 15%, Jolywood (Suzhou) Sunwatt Co.Ltd(300393) , Risen Energy Co.Ltd(300118) , Shanghai Hiuv New Materials Co.Ltd(688680) , Tongling shares, Jiangsu Akcome Science And Technology Co.Ltd(002610) and others rose by more than 3%, and Longi Green Energy Technology Co.Ltd(601012) , Tongwei Co.Ltd(600438) .
[highlights inventory]
the first city to fully relax purchase and loan restrictions 19 measures issued simultaneously
On March 1, Zhengzhou released 19 measures to stabilize the real estate market. In addition to measures such as giving college students house purchase subsidies and encouraging the elderly to take refuge in new houses purchased by their families, the most important one is to reduce the personal housing consumption burden, not only reduce the housing loan interest rate, but also relax the identification standard of the first set of housing loans.
lack of core and power! Electric vehicle enterprise lucid’s output is expected to drop by 40%
After US stock market trading on Monday, lucid, a US electric vehicle manufacturer regarded as Tesla‘s competitor, announced the fourth quarter results of 2021. Among them, the revenue was $26.392 million, lower than the general expectation, but increased significantly compared with the same period of last year; The net loss expanded to US $1046 million, compared with a loss of US $297 million in the same period last year. In addition, lucid cut its 2022 auto production forecast by 40%, from the initial 20000 vehicles to 1200014000 vehicles. At the opening of U.S. stocks on Tuesday, lucid’s share price fell more than 17%. Toyota and Great Wall Euler also cut production one after another.
China International Capital Corporation Limited(601995) : the end of policy has been confirmed and the end of sentiment is approaching
China International Capital Corporation Limited(601995) believes that the market is in a period of policy power, and the “mood bottom” is approaching. Globally, China’s current growth is “up and down inside and out”, and the policy is “loose inside and tight outside”, superimposed with overseas geopolitical risks, and the valuation is also adjusted to a reasonable level. The cost performance of the Chinese market is more prominent globally. CICC believes that there is no need to be overly pessimistic about the Chinese market.
[fund trend]
According to the statistics of Dongcai, as of the closing, the Shanghai and Shenzhen stock markets showed a net outflow of funds. On that day, the net outflow of funds from Shanghai and Shenzhen stock markets was 19.923 billion yuan, today’s super large single net outflow was 6.219 billion yuan, large single net outflow was 13.703 billion yuan, medium single outflow was 201 million yuan, and small single net inflow was 20.123 billion yuan.
[limit analysis]
Today’s trading limit was 74 and the trading limit was 2; Today, the number of daily limit boards in the two cities increased compared with the previous trading day, while the number of daily limit boards decreased compared with the previous trading day. The price limit data showed that market sentiment picked up slightly today compared with the previous trading day Hithink Royalflush Information Network Co.Ltd(300033) data show that one belt, one road, and other sectors of the two cities are mostly concentrated in the Internet of things, and the two cities are generally characterized by the general heat and the general earning effect.
[viewpoint strategy]
In early trading, track stocks made a sharp correction, with auto chips, cros, lithium batteries and semiconductors leading the decline; Sino Russian trade concept, seed stocks and nonferrous metals increased, while the increase of oil and gas sector narrowed. The gem index once fell by more than 2% due to the sharp correction of Contemporary Amperex Technology Co.Limited(300750) , and the Shanghai index fell slightly due to the protection of bank stocks and Chinese prefixes ( Aluminum Corporation Of China Limited(601600) , China Aluminum International Engineering Corporation Limited(601068) , Petrochina Company Limited(601857) , China Coal Energy Company Limited(601898) , China Shenhua Energy Company Limited(601088) , China State Construction Engineering Corporation Limited(601668) ).
In the afternoon, photovoltaic, energy storage, traditional Chinese medicine, port and other sectors pulled up; The market remained low and volatile. On the disk, the performance of small cap stocks is relatively strong. On the time-sharing chart, the performance of leading indicators is relatively strong. From the whole day trend, the oversold rebound market formed after the Spring Festival is over, and then there will be shock bottoming.
Generally speaking, Jufeng investment adviser believes that the liquidity at the macro level has gradually improved, and the central bank has continuously reduced the reserve requirements and interest rates to release the liquidity, indicating that the policy bottom has appeared; However, the construction of the market bottom is complex and there is a time lag between the market bottom and the policy bottom. Before the Spring Festival, the market continued to callback, the overvalued track stocks and growth stocks were significantly adjusted, and the undervalued blue chips reflected a certain degree of defensive. After the Spring Festival, market liquidity improved, and value and growth rose one after another. Recently, the oversold rebound of growth stocks and secondary new shares has been launched, but the sustainability is not strong. Pay attention to grasp the opportunity of high selling. When the two sessions windows are opened, the probability of A-share building the bottom box is high; The medium-term proposal takes growth as the main line, and individual stocks with higher than expected growth in the annual report and the first quarter report can continue to participate in the rebound.
(author: Zhao Ling, practice certificate: a0680615040001)
