Closing, today’s a shares, why did ningwang, a brother of the gem, fall sharply and evaporate more than 100 billion in two days? The central bank’s RRR reduction came as scheduled, and why did A-Shares fall more or rise less? The capital from the North has continuously copied the bottom. Today, the net inflow exceeds 7 billion. Why does the market continue to weaken?
With these questions, welcome to today’s A-share scene.
On December 7, the Shanghai stock index opened high and went low, maintained a narrow range of volatility in the session, and pulled up slightly in the late session; The Shenzhen Component Index and the gem index fell by more than 1%; The turnover of the two cities has increased slightly, exceeding trillion for 33 consecutive trading days, a large net inflow of funds from the north, and a net purchase of nearly 8 billion yuan throughout the day.
As of the close, the Shanghai index rose 0.16% to 3595.09 points, the Shenzhen composite index fell 0.38% to 14697.17 points, and the gem index fell 1.09% to 3368.78 points; The total turnover of the two cities was 11997.7 billion yuan, and the net purchase of northbound funds was 7.949 billion yuan.
killing of new energy and semiconductors
ningwang evaporated nearly 140 billion in two days
Lithium batteries, energy storage, semiconductors and other high prosperity track plates fell collectively, and the intraday volume of Contemporary Amperex Technology Co.Limited(300750) fell nearly 7%.
In addition, the semiconductor sector continued to decline, Wuxi Nce Power Co.Ltd(605111) , Xi’An Peri Power Semiconductor Converting Technology Co.Ltd(300831) led the decline, and Yangzhou Yangjie Electronic Technology Co.Ltd(300373) , Shenzhen Etmade Automatic Equipment Co.Ltd(300812) , Shanghai Fullhan Microelectronics Co.Ltd(300613) fell by more than 5%.
The first brother of gem Contemporary Amperex Technology Co.Limited(300750) fell by more than 4% yesterday and continued to fall by 4% today, The market value of nearly 140 billion has evaporated in two days.
Recently, Allianz China A-share fund, the largest overseas Chinese equity fund, announced the latest position. In October, Allianz China A-share fund reduced its holdings of the top ten heavyweight stocks. The reduction of Contemporary Amperex Technology Co.Limited(300750) and Yunnan Energy New Material Co.Ltd(002812) reached 18.58% and 11.92% respectively.
Data show that since the second half of this year, Allianz Shenzhou A-share fund has repeatedly increased or decreased its positions on Contemporary Amperex Technology Co.Limited(300750) . After reducing its holdings for three consecutive months in June, July and August, it once again increased its positions in September. In October, the fund reduced its position by Contemporary Amperex Technology Co.Limited(300750) . Combined with the stock price trend, Allianz Shenzhou A-share fund’s operation of Contemporary Amperex Technology Co.Limited(300750) shows the characteristics of high selling and low absorption.
real estate industry chain stocks rose sharply
The real estate, household goods, building materials, construction, home appliances and other sectors of the real estate industry chain rose sharply.
The market view is that the RRR reduction and the latest statement of the Political Bureau meeting on the real estate industry have a certain boost to the real estate industry.
According to the view of Guotai Junan Securities Co.Ltd(601211) , “timely RRR reduction” is expected to improve the real estate financing environment, and the valuation of household appliances may usher in repair.
At the Politburo meeting held on Monday (December 6, 2021), the latest description of the real estate industry was “promoting the healthy development and virtuous circle of the real estate industry”.
Hang Seng technology, the worst sector this year, rebounded sharply
Alibaba soared 12%
Recently, “how much more can Hong Kong stocks fall?” This sentence has become a helpless joke among many investors holding Hong Kong stocks and related funds. “Go to Xiangjiang and seize the pricing power” is still heard, but the rising market of Hong Kong stocks at the beginning of the year has gone forever. Since the beginning of this year, Hong Kong stocks have undoubtedly become the worst performing market in the global stock market.
Among them, the Hang Seng technology index fell by 32.03% during the year
On the 7th, the Hang Seng technology index continued to rise, now up 3.9%. Alibaba rose 12%, the largest one-day increase since its listing; The US group and NetEase increased 5%, Kwai went up 6%, and Baidu group rose nearly 9%.
Recently, Zhang Yong, CEO of Alibaba group, issued an internal letter announcing the latest adjustment of senior executives: Jiang Fan, as president of the group, will be in charge of two overseas businesses of global express and international trade (icbu) on behalf of Alibaba group, as well as several subsidiaries facing overseas markets such as lazada, jointly forming an “overseas digital business sector”. Zhang Yong also said such a sentence in this open letter. “Annual active overseas consumers have reached 285 million, but we still have a long way to go before we become a truly global company and make greater achievements in the overseas market with broad potential.”
after the comprehensive RRR reduction, the market welcomed the targeted interest rate reduction
After the overall reduction of the reserve requirement by 0.5 percentage points, the central bank offered a policy combination to reduce the interest rate on small re loans to support agriculture, providing an inexhaustible driving force for the market.
According to the securities times, it is learned from several sources that the refinancing rates for agriculture and small loans will be reduced by 0.25 percentage points from December 7, 2021, and the refinancing rates for three months, six months and one year will be 1.7%, 1.9% and 2% respectively.
This is more than a year later, the people’s Bank of China once again lowered the interest rate of refinancing for agriculture and small loans. In July 2020, the central bank lowered the refinancing interest rate for agriculture and small loans by 0.25 percentage points.
However, some people believe that the reduction of the interest rate of re lending for agriculture and small expenditure can not be regarded as the “interest rate reduction” of the policy interest rate. Everbright Securities Company Limited(601788) Zhang Xu, chief fixed income analyst, once told the securities times that the policy interest rate system of the Central Bank of China consists of open market operating interest rate (short-term policy interest rate) and MLF interest rate (medium-term policy interest rate), and the refinancing and rediscount interest rates are not policy interest rates. In the current monetary policy transmission mechanism, the central bank mainly releases interest rate regulation signals through policy interest rates such as medium-term lending facility (MLF) and open market reverse repurchase, and guides market benchmark interest rates such as dr007 to operate with the policy interest rate as the center, which ultimately affects the interest rate of financial products such as loans. The MLF interest rate is not only the interest rate of the central bank’s operating tool, but also the operating goal of monetary policy, but also an integral part of LPR. Therefore, when observing the policy orientation, we should first pay attention to whether the interest rate has changed, rather than the refinancing interest rate.
artist Cai Moumou’s illegal performance was notified
Recently, the Ministry of culture and tourism reported some typical guidance cases in the performance market this year. One case “illegal performance of CAI’s concert” attracted attention and ranked first in hot search today.
The circular mentioned that the agency company of artist Cai Moumou, Shanghai Moumou Cultural Development Co., Ltd., has not obtained the business performance license, does not have the legal qualification of actor brokerage agency, uses its exclusive artist resources to actually be responsible for the performance content, performance ticketing Revenue settlement and other commercial performance business activities, and have the risk of infringing on the rights and interests of the public in normal ticket purchase and performance viewing.
In November this year, the Beijing Municipal Bureau of culture and tourism imposed a fine on him for engaging in commercial performances without permission.
According to the verification of Jimu news, the artist involved in this case is Cai Xukun.
(China Fund News)
