On Tuesday, affected by the news of the central bank’s RRR reduction, real estate, building materials, home furnishings and other sectors collectively rose, and major financial sectors such as securities companies and insurance also continued to be strong. However, the high boom track stocks fell collectively, led by the lithium battery industry chain and semiconductor plate, and stocks in Shanghai and Shenzhen fell more or rose less. As of the closing, the trend of the main A-share indexes was differentiated, and the Shanghai stock index reported 3595.09 points, up 0.16%; Kechuang 50 index fell 1.16%; The Shenzhen Component Index and the gem index fell 0.38% and 1.09% respectively.
Yesterday, the A-share real estate sector raised the limit tide, Jiangsu Zhongnan Construction Group Co.Ltd(000961) , Jinan High-Tech Development Co.Ltd(600807) , Shanghai New Huang Pu Industrial Group Co.Ltd(600638) and other stocks rose, and Yango Group Co.Ltd(000671) , Seazen Holdings Co.Ltd(601155) followed. Driven by real estate stocks, building materials, home furnishings and other sectors were also active. Monalisa Group Co.Ltd(002918) rose by more than 6%, with Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) , D&O Home Collection Co.Ltd(002798) , Zhuzhou Kibing Group Co.Ltd(601636) among the top. In terms of Hong Kong stocks, the concept of real estate construction also strengthened significantly, rongchuang China rose by more than 16%, followed by China Olympic Park and Xuhui holding group.
Guosen Securities Co.Ltd(002736) believes that the rapid implementation of the RRR reduction releases a positive policy signal, dispels the market’s previous concerns about liquidity, and capital confidence is expected to be boosted. In the medium and long term, the purpose of this RRR reduction is to create a good financial environment for economic growth. The financing cost of the real economy is expected to be reduced, especially small and micro enterprises are expected to benefit, which is conducive to economic stabilization and recovery.
On December 6, the Political Bureau of the CPC Central Committee held a meeting to analyze and study the economic work in 2022. The meeting stressed the need to promote the construction of affordable housing, support the commercial housing market, better meet the reasonable housing needs of buyers, and promote the healthy development and virtuous cycle of the real estate industry.
Galaxy Securities believes that for the real estate sector, the impact of policies on the valuation elasticity of the sector is greater than the performance, and the valuation of the sector generally starts to rise at the bottom of the fundamentals. The industry accelerates the survival of the fittest during the exposure of individual risk events. It is suggested to pay attention to the leaders in the field of high-quality residential development and the subject of property management.
Yesterday, lithium, energy storage and other new energy related sectors continued to decline. Among them, Contemporary Amperex Technology Co.Limited(300750) fell by nearly 5%, Jiangsu Dingsheng New Material Joint-Stock Co.Ltd(603876) fell again, and many stocks such as Youngy Co.Ltd(002192) , Suzhou Ta&A Ultra Clean Technology Co.Ltd(300390) , Suzhou Harmontronics Automation Technology Co.Ltd(688022) fell. The semiconductor sector also continued to decline, Wuxi Nce Power Co.Ltd(605111) fell by the limit, and Xi’An Peri Power Semiconductor Converting Technology Co.Ltd(300831) , Hunan Goke Microelectronics Co.Ltd(300672) , Crystal Clear Electronic Material Co.Ltd(300655) , Rockchip Electronics Co.Ltd(603893) , Naura Technology Group Co.Ltd(002371) led the decline.
Although lithium batteries, semiconductors and other sectors have experienced continuous adjustments recently, from the perspective of brokers’ research and judgment on A-Shares in 2022, institutions are not pessimistic about new energy, technology manufacturing and other sectors. China Securities Co.Ltd(601066) said that from the perspective of market style, blue chips and growth stocks may have excellent performance in 2022. Clean energy such as power grid investment, energy storage investment, photovoltaic and wind power is the first main line; Innovative medicine, home appliances and furniture, “real estate returning to manufacturing” is the second main line; The third main line is high-end equipment manufacturing industries such as national defense and military industry, industrial machine tools and new energy vehicle industry chain.
Zheshang Securities Co.Ltd(601878) believes that, in combination with the macro environment and industrial trends, the value stocks represented by consumption are only repaired rather than reversed in a two to three quarter cycle, and the main line of the market is still growing in science and technology. Specific to the industry, we can strategically pay attention to the bull market of science and Innovation Board led by semiconductors, and actively layout the future market of national defense, military industry and new energy sector, or move towards differentiation.
(Shanghai Securities News)
