Lithium battery, semiconductor, photovoltaic, rare earth, military industry and other popular tracks suddenly plunged. In the morning, more than 3000 A-Shares fell, and more than 50 billion new energy vehicle stocks and 8x bull stocks Xiamen Faratronic Co.Ltd(600563) suddenly collapsed and fell to the limit. Real estate stocks and insurance stocks rose sharply.

“Taobao collapsed” boarded the first hot search. Some netizens reported that Taobao collapsed in the morning, but many netizens found that they could shop normally.

Covid-19 epidemic is still sporadic. New outbreaks were found in Guilin, Guangxi and Luohe, Henan. Just after the RRR reduction was announced, the central bank cut the refinancing interest rate for agriculture and small loans by 0.25 percentage points, which is equivalent to a structural interest rate reduction.

After the main indexes opened higher in the morning, A-Shares dived quickly, and the popular track took the lead, and then the market index rebounded. At the close of the morning, the Shanghai Composite Index rose slightly by 0.12%, the Shenzhen composite index fell by 0.48%, the gem index and the Kechuang 50 index fell by more than 1%, down 1.43% and 1.37% respectively. The turnover of the two cities was 800.3 billion yuan. Individual stocks fell more or less, 2644 fell and 1759 rose.

Hong Kong stocks also led the rise of real estate stocks. After Alibaba’s US stocks soared 10% last night, Hong Kong stocks also soared this morning.

after the RRR reduction, the central bank made another move: reducing the interest rate of refinancing for agriculture and small loans

According to the securities news, several sources revealed that the refinancing rates for agriculture and small loans were reduced by 0.25 percentage points from December 7, 2021, and the three-month, six-month and one-year refinancing rates were 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 said that the policy interest rate system of the Central Bank of China consists of open market operation 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.

Taobao collapsed and ranked first in the hot search: Alibaba rose more than 9%

In the morning, some netizens said that Taobao collapsed and boarded the first hot search. Many netizens found that Taobao still operated normally, and there was no situation. Some netizens even found out whether it was a marketing behavior. Double 12 is coming soon.

However, many netizens said that Taobao was still running normally and did not find the collapse. Some netizens even doubt whether it is a marketing behavior.

Although Taobao collapsed on the Internet, Alibaba’s Hong Kong stock rose more than 9% this morning.

with a market value of more than 50 billion, the big bull stock of 8x new energy vehicles suddenly collapsed

Not only Taobao collapsed, but also Daniel stocks collapsed. New energy vehicle concept stock Xiamen Faratronic Co.Ltd(600563) , which was still Xiamen Faratronic Co.Ltd(600563) with a market value of more than 50 billion yesterday, suddenly collapsed in early trading and fell by the limit.

From the bottom of 10.57 yuan in October 2018 to the recent high of 261 yuan, the share price has reached more than 8 times.

lithium battery photovoltaic semiconductor rare earth military industry and other popular track diving

In the morning, there was a big dive in popular tracks, such as lithium photovoltaic semiconductor rare earth military industry.

For example, the lithium mine index fell by nearly 5%, and Youngy Co.Ltd(002192) , Suzhou Ta&A Ultra Clean Technology Co.Ltd(300390) fell by more than 8%.

Semiconductor related photoresist index fell 3.76%, and Crystal Clear Electronic Material Co.Ltd(300655) , Zhejiang Yongtai Technology Co .Ltd(002326) fell sharply.

several stocks suddenly fell sharply: the limit fell or fell more than 10%

More than Xiamen Faratronic Co.Ltd(600563) , Nanjng Yueboo Power System Co.Ltd(300742) , Electric Connector Technology Co.Ltd(300679) , Leaguer (Shenzhen) Microelectronics Corp(688589) , Jiangsu Dingsheng New Material Joint-Stock Co.Ltd(603876) and many other stocks fell by the limit or more than 10%.

Stocks such as Changchun Faway Automobile Components Co.Ltd(600742) suddenly fell sharply in a row.

traditional blue chips rose in cycles such as real estate, construction insurance and household appliances

Although the market fell more and rose less, the popular track plunged sharply, and the traditional cycle blue chips such as traditional real estate, construction, insurance and household appliances took the lead.

Real estate stocks Tieling Newcity Investment Holding (Group) Limited(000809) , Shanghai New Huang Pu Industrial Group Co.Ltd(600638) , Cccg Real Estate Corporation Limited(000736) rose by the limit, China Vanke Co.Ltd(000002) rose by 2.77%.

Real estate related Suofeiya Home Collection Co.Ltd(002572) limit, Hangzhou Robam Appliances Co.Ltd(002508) approaching the limit.

future strategy

Eight major brokerage theme strategies: at the end of the year or a better investment time point! Real estate stocks usher in a wave of deterministic market?

Free research report selection: has the “darkest hour” of the household appliance sector passed? Sudden changes in power stocks! What happened?

“Zhumao” panicked, “ningwang” collapsed, Hebei Hengshui Laobaigan Liquor Co.Ltd(600559) soared, Wuliangye Yibin Co.Ltd(000858) pulled up! A-Shares or “drinking” is the most reliable?

(China Fund News)