Today (December 22), the three major indexes were mixed. As of the close, the Shanghai index fell 0.07%, the Shenzhen Composite Index rose 0.7% and the gem index rose 0.55%. The turnover of the two cities was 1062.5 billion, exceeding 60 billion compared with the previous trading day. In terms of the number of ups and downs, it rose 2365 and fell 2162.
01
sudden explosion of traditional Chinese medicine
Today’s overall market structure is still high and low switching + rotation, this time the long silence of the Chinese medicine stocks, the plate set off the tide of daily trading, Gansu Longshenrongfa Pharmaceutical Industry Co.Ltd(300534) 20CM limit to achieve 3 even board, Guangyuyuan Chinese Herbal Medicine Co.Ltd(600771) , Guizhou Bailing Group Pharmaceutical Co.Ltd(002424) , essence Kunming Longjin Pharmaceutical Co.Ltd(002750) and other stock trading.
From a comprehensive market point of view, the price adjustment may be the main reason for the rise of traditional Chinese medicine stocks.
According to the securities times, Beijing Beijing Tongrentang Co.Ltd(600085) recently issued a price adjustment notice, Angong Niuhuang Pill (3G) × The sales price of 1 pill / box) was raised from 780 yuan to 860 yuan, with a price increase of about 10%. The price has been implemented since December 1.
Minsheng Securities believes that the consumption attribute of brand traditional Chinese medicine is strong, most of them have the right to raise prices independently, and the product profit base and elasticity are guaranteed. In recent years, we have seen that most brand traditional Chinese medicine such as Angong Niuhuang Pill and Zhangzhou Pientzehuang Pharmaceutical Co.Ltd(600436) continue to raise prices. Secondly, most traditional Chinese medicine consumer goods are sold on the OTC side, which is relatively less affected by the medical insurance policy. It is expected to move closer to the valuation of daily consumer goods and usher in the strategic development opportunity of valuation remodeling.
Western Securities Co.Ltd(002673) said that the time-honored brand of traditional Chinese medicine has a consumption attribute and is less adversely affected by the policy. It is mainly sold in pharmacies and self-supporting channels, has a high degree of consumer recognition and has a strong long-term price increase strength under the condition of strong brand variety.
02
“stock god” shot again
There are many “stock gods” who like to speculate in the A-share market, and Anhui Conch Cement Company Limited(600585) one of the leading stocks of Baima is also listed here.
On the evening of December 21, the 2021 non-public offering plan released by building materials stock China West Construction Group Co.Ltd(002302) showed that the company planned to issue 280 million shares (no more than 30% of the company’s total share capital before issuance), with a total raised capital of 1.96 billion yuan.
It is worth noting that, Anhui Conch Cement Company Limited(600585) as a strategic investor, plans to subscribe for 251 million shares, accounting for nearly 90% of the shares issued this time. The subscribed shares shall not be transferred within 36 months from the date of issuance.
After the completion of this non-public offering, the total shareholding ratio of CSCEC group to the company through its subordinate enterprises is 53.00%, and CSCEC group is still the actual controller of the company. The other Anhui Conch Cement Company Limited(600585) holds 16.30% of the company, becoming the second largest shareholder of China West Construction Group Co.Ltd(002302) .
03
October “placards” Jilin Yatai (Group) Co.Ltd(600881)
This is not the first time that Anhui Conch Cement Company Limited(600585) made a move this year. On October 8 this year, Jilin Yatai (Group) Co.Ltd(600881) which is also a cement stock, announced that it was awarded a Anhui Conch Cement Company Limited(600585) placard.
According to the announcement at that time, Anhui Conch Cement Company Limited(600585) bought 162 million Jilin Yatai (Group) Co.Ltd(600881) shares, accounting for 5% of the issued shares of Jilin Yatai (Group) Co.Ltd(600881) . In the next 12 months, Anhui Conch Cement Company Limited(600585) plans to continue to increase its holdings of Jilin Yatai (Group) Co.Ltd(600881) shares by means of centralized bidding trading or block trading through the trading system of Shanghai Stock Exchange, with an increase of no less than 10 million shares.
And on the 7 trading day after the announcement, Jilin Yatai (Group) Co.Ltd(600881) rose more than 38%, although it was more like a hot spot in hot money and a 20% adjustment after the surge, but the appeal of conch admission should not be underestimated.
In fact, different from other A-share “stock gods”, the Anhui Conch Cement Company Limited(600585) stock speculation focuses on peers in the industry. Looking at the historical record of resumption of trading, it is good at bottom reading at low level and shipment at high level.
Incomplete statistics from some media show that since 2006, Anhui Conch Cement Company Limited(600585) has bought stocks including Tangshan Jidong Cement Co.Ltd(000401) , Gansu Qilianshan Cement Group Co.Ltd(600720) , Fujian Cement Inc(600802) , Huaxin Cement Co.Ltd(600801) , Jiangxi Wannianqing Cement Co.Ltd(000789) , Tongli cement, Xinjiang Qingsong Building Materials And Chemicals(Group)Co.Ltd(600425) .
04
Zeng precision clearance
earn 1.8 billion
For example, the operation of Tangshan Jidong Cement Co.Ltd(000401) can be called a classic. First, the more you fall, the more you buy, and then you can accurately clear your position twice at the high point in 2015 and 2017.
From April to August 2008, when the share price of Tangshan Jidong Cement Co.Ltd(000401) fell endlessly, Anhui Conch Cement Company Limited(600585) completed its first placard; From January to April 2010, the second placard Tangshan Jidong Cement Co.Ltd(000401) ; After the third placard in 2011, it continued to increase its holdings.
By the end of 2014, Anhui Conch Cement Company Limited(600585) had reached 267 million shares, accounting for 19.84% of the total share capital of Tangshan Jidong Cement Co.Ltd(000401) .
On the eve of the peak of the A-share bull market in 2015, Anhui Conch Cement Company Limited(600585) significantly reduced its holdings of 79 million shares, and then ignored the stock price fluctuation and held 187 million shares.
By April 2017, Tangshan Jidong Cement Co.Ltd(000401) shares had surpassed the peak of the bull market in 2015, reaching the second highest point in history (former resumption of rights) of 24.94 yuan / share, second only to 27.01 yuan / share in March 2011.
Prior to that, Anhui Conch Cement Company Limited(600585) once again reduced its holdings of more than 30 million shares in the first quarter of 2017, and disappeared among the top 10 shareholders in the second quarter.
Afterwards, the reduction of Anhui Conch Cement Company Limited(600585) can be described as “extremely accurate”. According to the 2017 semi annual report of Anhui Conch Cement Company Limited(600585) , in the first half of that year, Anhui Conch Cement Company Limited(600585) made a huge profit of 1.86 billion yuan by “stock speculation” alone. Among them, Tangshan Jidong Cement Co.Ltd(000401) and Xinjiang Qingsong Building Materials And Chemicals(Group)Co.Ltd(600425) realized an investment income of 1.72 billion yuan.
05
building materials stocks bottomed out?
As a cement leader with a deep understanding of the cement industry, Anhui Conch Cement Company Limited(600585) once again “shot”, does it mean that with the expected marginal recovery of the real estate, the building materials stocks have also reached the bottom?
According to the retail data of consumer goods released by the National Bureau of statistics in November, construction and decoration materials increased by 14.1% year-on-year, reversing the downward trend in the early stage; The retail sales of furniture increased by 6.1% year-on-year.
Zhongtai Securities Co.Ltd(600918) the Research Report on December 18 pointed out that under the expected marginal improvement of real estate, brand building materials gradually entered the layout time point, and the leading certainty is high. For the cement industry, the marginal relaxation at the real estate financing end may lead to the improvement of market expectations. With the addition of the recent acceleration of special bond issuance, the cement demand is expected to be supported.
Tianfeng Securities Co.Ltd(601162) the Research Report on December 19 pointed out that the concentration of consumer building materials has increased to the main theme of the medium and long term, and the relief of cost pressure is expected to drive the industry to reverse its plight in 22 years. Some oversold varieties from the perspective of valuation have entered the historical bottom range. Cement pays attention to the supply side optimization opportunities brought by carbon trading.
06
netizens talked about
When Anhui Conch Cement Company Limited(600585) sold individual stocks in the industry, 340000 shareholders of the company also shouted that the share price was bull. It is worth noting that since its peak in August 2020, Anhui Conch Cement Company Limited(600585) has had the largest share price correction, and once exceeded 38%. It has rebounded recently, but the cumulative decline is still close to 30%.
In the stock bar, some netizens said that they had fried their peers, and their share price had been wandering at the bottom!
Some netizens also believe that the end of the medium-term adjustment should start to rebound.
Some netizens said that they are optimistic for a long time, but they should consolidate for a period of time before starting.
Anhui Conch Cement Company Limited(600585) another shot means that the building materials stocks represented by cement have hit the bottom? Welcome to leave a message below and express your views.
07
outlook
For the future market trend, institutions have expressed their views.
Soochow Securities Co.Ltd(601555) believes that there is a certain rebound in the market, but the rebound can be small, and it is not out of the short-term downward trend for the time being. In terms of operation, investors can continue to choose the action of stopping profits at high prices and reducing positions, take a wait-and-see attitude, conduct short-term hot spot operations with small positions, and gradually increase positions after the market stabilizes effectively.
YueKai Securities said that the new regulations on northbound funds will help to further improve the mechanism of Shanghai Shenzhen Hong Kong stock connect, facilitate foreign investors to invest in the A-share market, and increase the fluctuation of foreign capital inflow in the short term. However, in the long run, under the background of the continuous opening of the capital market and the gradual enhancement of the attraction of a shares, the new regulations have little impact on the overall inflow of foreign capital. From the historical trend, the continued inflow of funds from northbound has a significant boost to the recovery of market sentiment and the improvement of risk appetite, which is expected to help A-Shares stage a new year’s market.
Central China Securities Co.Ltd(601375) it is expected that the short-term slight shock of the Shanghai index is more likely, and the short-term slight consolidation of the gem is more likely. Investors are advised to pay careful attention to the investment opportunities in real estate, building materials and automobile industries in the short term, and continue to pay attention to the investment opportunities of undervalued blue chips in the middle line.
