In the past two days, A-Shares have been in a “bull market”, and the investors are elated. The popularity of “Kun Kun” has rebounded a lot.
“Mao nationality” rose strongly, and wine Mao, voucher Mao, tooth Mao and medical beauty Mao rose one after another. Today, the Mao index rose 2.5%, and the overall market value of the sector increased by more than 320 billion. Among them, Kweichow Moutai Co.Ltd(600519) rose by more than 2%, once rose by more than 3.5%, stood at the 2100 yuan mark, and the market value exceeded 2.62 trillion. Thus, a picture of netizens’ ridicule of Baijiu stock has been widely disseminated online.
It is worth noting that the northbound funds were crazy about purchasing goods, with a large net purchase of RMB 21.656 billion throughout the day, a new high since May 25, and the single day net purchase exceeded RMB 20 billion for the fourth time in history.
A-Shares rose sharply for two consecutive days, and “Mao nationality” raised
Following yesterday’s sharp rise, today, the three major A-share indexes continued to make rapid progress. As of the close, the Shanghai index rose 0.98% to 3673.04 points, the Shenzhen Composite Index rose 1.23% to 15147.87 points, and the gem index rose 1.01% to 3459.32 points. Shanghai and Shenzhen stock markets traded 1.26 trillion yuan a day, exceeding trillion yuan for 35 consecutive trading days.
Northbound funds continued to enter the market to sweep goods. After buying nearly 10 billion yuan yesterday, northbound funds increased their horsepower today, with a significant net purchase of 21.656 billion yuan throughout the day, a new high since May 25, and the net purchase amount per day exceeded 20 billion yuan for the fourth time in history. It is worth mentioning that since December 1, northbound capital has net purchased A-Shares for seven consecutive trading days, during which the net purchase amount reached 54.9 billion yuan. Since the beginning of the year, northbound funds have accumulated a net purchase of 398.1 billion yuan.
All kinds of “Mao” have risen strongly again. “Jiumao” Kweichow Moutai Co.Ltd(600519) rose by more than 2%, once rose by more than 3.5% in the session, standing at 2100 yuan, with a market value of more than 2.62 trillion; Other Baijiu stocks also showed strong strength, Anhui Kouzi Distillery Co.Ltd(603589) trading, Hebei Hengshui Laobaigan Liquor Co.Ltd(600559) rose 5%, Wuliangye Yibin Co.Ltd(000858) rose nearly 3%. China International Capital Corporation Limited(601995) expects that the macroeconomic margin will be good next year to support Baijiu demand, and the price of 1000 yuan will be accelerated.
“Bond Mao” East Money Information Co.Ltd(300059) hit another record high in the session, and the share price closed up 3%, with the latest market value of 384.8 billion yuan. Among brokerage stocks, Chinalin Securities Co.Ltd(002945) rose again, recording two consecutive boards; Zheshang Securities Co.Ltd(601878) rose 8.5%, Caida Securities Co.Ltd(600906) rose 5.52%, Boc International (China) Co.Ltd(601696) , Guolian Securities Co.Ltd(601456) rose more than 4%.
In addition, “Yamao” Topchoice Medical Co.Inc(600763) increased by nearly 7%, the “yimeimao” Imeik Technology Development Co.Ltd(300896) increased by more than 5%, the “eye Mao” Aier Eye Hospital Group Co.Ltd(300015) increased by 5.98%, the “security Mao” Hangzhou Hikvision Digital Technology Co.Ltd(002415) increased by 5.01%, and the “home appliance Mao” Midea Group Co.Ltd(000333) also increased by 3%.
the 100 page Research Report of securities companies strongly recommends that Sanan Optoelectronics Co.Ltd(600703) large volume limit
today, the large-scale limit of LED chip leader Sanan Optoelectronics Co.Ltd(600703) has also attracted the attention of the market. Because three days ago, on December 6, Founder Securities Co.Ltd(601901) analyst Chen Hang wrote a nearly 100 page in-depth research report, “strongly recommended” Sanan Optoelectronics Co.Ltd(600703) . This morning, Chen Hang also issued a notice that it would be interpreted in detail after today’s trading.
In this research report entitled Sanan Optoelectronics Co.Ltd(600703) (600703. SH): wolfspeed is sailing in China, Chen Hang said that the development path of San’an Xiandian is similar to wolfspeed. As a leader in the LED field for many years, it extends to the third generation of semiconductors with homologous processes and gradually develops into an important compound semiconductor giant in the industry.
Chen Hang believes that Sanan Optoelectronics Co.Ltd(600703) as a leader in the LED industry, based on the integration of the LED industry chain, it can reduce costs and increase efficiency and ensure stable revenue. On this basis, the company has actively arranged the third-generation semiconductor, built the production line and cooperated strategically with downstream TCL, Samsung and other enterprises. Now it has realized the supply of subdivided products in the four fields of microwave RF, optoelectronics, power electronics and communication. In the future, under the background of high downstream demand, the continuous release of the company’s production capacity will continue to drive the growth of the company’s revenue scale.
Chen Hang estimated that Sanan Optoelectronics Co.Ltd(600703) the revenue from 2021 to 2023 will be 12.320 billion yuan, 16.006 billion yuan and 20.276 billion yuan respectively, the net profit attributable to the parent company will be 2.138 billion yuan, 2.940 billion yuan and 3.945 billion yuan respectively, and the EPS will be 48 yuan, 66 yuan and 88 yuan respectively, maintaining the “strongly recommended” rating of the company.
stimulated by multiple news, the “bull market flag bearer” has made efforts for several consecutive days
Known as the “flag bearer of the bull market”, brokerage stocks have taken the lead in recent days, rising for six days in nearly seven trading days.
On December 9, the brokerage index rose by nearly 2% again, Chinalin Securities Co.Ltd(002945) recorded two consecutive boards, Zheshang Securities Co.Ltd(601878) rose by 8.52%, East Money Information Co.Ltd(300059) , China International Capital Corporation Limited(601995) rose by more than 3%, and Guolian Securities Co.Ltd(601456) , Boc International (China) Co.Ltd(601696) , Caida Securities Co.Ltd(600906) rose by more than 4%. In the past seven trading days, the brokerage index has increased by 8%.
Analysts believe that the CSRC recently approved 10 securities companies to carry out the pilot of optimizing the account management function of securities companies, the central bank announced the reduction of reserve requirements, and the early start of the restless market in spring, which are the reasons for the recent strength of securities companies’ stocks.
On December 3, the CSRC approved 10 securities companies to carry out the pilot of optimizing the account management function of securities companies. Soochow Securities Co.Ltd(601555) Hu Xiang believes that the pilot will improve the account management ability of securities companies, and is expected to improve the customer experience and promote the transfer of funds to securities companies. Previously, compared with banks, account dispersion was a major weakness of securities companies. The pilot of comprehensive account is expected to make customers more intuitively understand the collection and allocation status of assets and facilitate fund transfer. Meanwhile, with the continuous upgrading of wealth management business of securities companies, good user experience will promote the transfer of customers’ investment funds, and the competitiveness of securities companies is expected to be improved.
On December 6, the people’s Bank of China announced that it decided to reduce the deposit reserve ratio of financial institutions by 0.5 percentage points on December 15 (excluding financial institutions that have implemented the 5% deposit reserve ratio). The RRR reduction is a comprehensive RRR reduction, releasing a total of about 1.2 trillion yuan of long-term funds.
With regard to the future trend of the brokerage sector, Caixin Securities said that since late October, the market turnover has returned to more than one trillion yuan again. The economic work conference in December is expected to be held. It is expected that the expectation of steady growth in policy and relaxation of monetary policy will rise. The market probability in December will usher in the restless market in spring. In the future, with the interpretation of the restless market in spring, the market turnover is expected to remain active, It is conducive to the performance improvement of securities companies and is expected to further promote the market of securities companies. It is suggested to pay attention to the three main lines of high-quality head securities companies and securities companies with prominent advantages in wealth management and the top business volume of the new third board.
Boc International (China) Co.Ltd(601696) pointed out that growth laid the investment value + liquidity catalyst, which jointly promoted the valuation performance of securities companies in 2022. Under the high growth prospect constructed by the three business segments dominated by wealth management business, securities companies will realize the rise of long-term valuation center driven by growth, not just the cyclical changes of valuation driven by trading volume and market conditions, which will help to improve the long-term investment value of securities companies’ shares. In addition, it is expected that there will be multiple catalysts in the market, which will also benefit the securities market. In 2022, the monetary policy will be stable and loose, and the residents’ wealth will continue to flow into the capital market. After the establishment of the Beijing stock exchange, it will enhance the attraction of funds and enterprises, help activate the stock market, and continue to have sufficient liquidity.
How will the future market of A-Shares go?
Back to the market, at present, investors are more concerned about how the future market will go after rising sharply for two consecutive days?
Deng Lijun, an analyst at Northeast Securities Co.Ltd(000686) , said that there are potential opportunities in all sectors under the background of spring agitation, and the main line of high boom growth continues to lead the cross year market. On the other hand, the promotion of liquidity and risk preference is the main driving factor for the spring restlessness. From the strong Baijiu plate, we can see that in the context of the current spring restlessness market, the improvement of risk preference that is expected to improve will enlarge the excellent performance of the plate, and at the same time, overlay the marginal improvement of the current liquidity environment. There are potential revenue opportunities in each sector. New energy, electronics, TMT and military industry will continue to lead the cross year market.
Guosheng Securities said that the overall liquidity of the current market is good. Superimposed with the loose expectations after the comprehensive RRR reduction, the short-term index is expected to continue to rise. The performance of the large financial sector is strong. As a sector directly benefiting from the RRR reduction, it may be an important observation indicator of the market rebound strength, which can focus on the trend of relevant leading stocks. In terms of operation, we should abandon the high and focus on the low absorption opportunities of undervalued sectors such as large finance, medicine and consumption, or it is a good choice under the current market.
Liu Yanchun, deputy general manager of Jingshun Great Wall, judged: “the probability of 2022 is the beginning of the end of covid-19 epidemic.” Liu Yanchun believes that from a global perspective, the investment side lagging behind the recovery of consumption is expected to gradually return to normal. In the early stage, China took advantage of the time window of rapid increase in export share, fully reduced the macro leverage, adjusted the economic structure, digested long-term risks, and laid a good foundation for sustainable economic development in the post epidemic era. Liu Yanchun said that China’s economic growth has been below the potential growth rate. It is expected that broadening credit, stabilizing growth and boosting domestic demand will be the policy focus next year, and those companies mispriced due to short-term economic fluctuations will be the layout focus in the next stage.
Yu Guang, assistant general manager of Jingshun great wall and general manager of stock investment department, believes that it may be difficult to have an index level market in 2022, but the probability of sharp decline is not large. The market is likely to continue this year’s structural market, and the expansion direction of macro credit structure will also bring more alpha opportunities. Specifically, first, under the transitional economy, science and technology manufacturing and large consumption have long-term excess returns. Second, the ppi-cpi scissors difference converged and the profitability of the middle and lower reaches was repaired. It is suggested to focus on consumption blue chips with strong price raising ability or large industry space and sufficient valuation digestion.
Liu Chenming, chief strategist of Tianfeng Securities Co.Ltd(601162) , believes that due to credit expansion, A-Shares will have more capital entry in 2022 compared with 2021, but there are fewer plates with high growth and prosperity, and the overall opportunities will shrink, more centralized and structured. Ordinary investors become more difficult to operate. There may be an opportunity for exponential growth in the middle of next year. For next year’s investment, he is optimistic about two types of opportunities. One is the “continuation of high prosperity” industries, including photovoltaic middle and lower reaches, semiconductor materials, military industry, new energy downstream parts, auto parts, etc; The other is the industries that may have “dilemma reversal”, including mandatory consumption, pig cycle, automobile and tourism in optional consumption.
Northbound funds are exploding again! What A-Shares have you bought for seven consecutive trading days? (list attached)
The net purchase amount of northbound funds is the second highest in history! Heavyweights rose across the board, and the value of a stock market increased by 830 billion yuan a day
Maotai impact 2100 yuan! Big consumption is booming, and Liu Yanchun said: focus on companies whose layout is wrongly priced
(brokerage China)
