After the adjustment of the previous trading day, the Shanghai and Shenzhen stock indexes rebounded yesterday, in which the Shanghai index recovered 3600 points. The real estate industry is far ahead with an increase of 5%. The activity of disk funds did not decrease, and 159 stocks in the two cities rose by the limit.
As of the close, the Shanghai Composite Index closed at 3625.13 points, up 0.88%; Shenzhen composite index closed at 14688.98 points, up 0.82%; The gem index closed at 3350.43, up 0.53%. The transaction amount of the two cities has shrunk significantly, but the total amount remains above 1 trillion yuan.
Real estate stocks have been active recently, setting off a limit tide for two consecutive days. Yesterday, China Calxon Group Co.Ltd(000918) , Bright Real Estate Group Co.Limited(600708) , Cccg Real Estate Corporation Limited(000736) and other more than 30 real estate stocks rose. In addition, cement, building materials, decoration and other sectors related to the real estate industry chain performed well, and several stocks such as Shandong Longquan Pipeline Engineering Co.Ltd(002671) , Suncha Technology Co.Ltd(001211) , Suzhou Yangtze New Materials Co.Ltd(002652) rose by the limit.
On the news side, the people’s Bank of China and the China Banking and Insurance Regulatory Commission recently jointly issued a notice to encourage banking financial institutions to do a good job in financial support and services for mergers and acquisitions of key real estate enterprise risk disposal projects.
Shanxi Securities Co.Ltd(002500) believes that under the guarantee of “guaranteed housing” and other policies, the overall sales of the real estate industry will show a stable downward trend in 2022. The capital shortage of real estate enterprises may be alleviated, the industry concentration will continue to improve, the market share of central enterprises is expected to continue to rise, and the valuation of leading enterprises will continue to be repaired, driving the recovery of industry valuation as a whole.
It is worth mentioning that there were 159 companies trading in the two cities yesterday. From the daily limit data since this year, this data has reached a new high this year. Near the end of the year, hot money with high risk preference continued to be active, pushing a number of individual stocks out of the continuous trading limit. Since December, the average daily limit of the two cities has been close to 100, significantly higher than the average level since this year.
Yesterday, there were huge differences in the company board stocks with active funds. Although San Yang Ma (Chongqing) Logistics Co.Ltd(001317) bravely broke through the 16 company board, but Shaanxi Jinye Science Technology And Education Group Co.Ltd(000812) , Lanpec Technologies Limited(601798) and other groups fell behind, falling sharply in early trading and reaching the limit. Another Longzhou Group Co.Ltd(002682) even staged “Earth Sky board”.
Previously, Shaanxi Jinye Science Technology And Education Group Co.Ltd(000812) received a letter of concern from Shenzhen Stock Exchange, asking the company to confirm whether there is any major information that should be disclosed but not disclosed, whether there are major changes in the company’s fundamentals, and whether the public media have reported relevant information that has a significant impact on the company’s stock trading price recently. At the same time, several board stocks, including Shaanxi Jinye Science Technology And Education Group Co.Ltd(000812) , intensively issued change announcements to remind risks, and the funds turned to mining low-level varieties.
Looking forward to the future, Haitong Securities Company Limited(600837) strategy team said that in terms of rhythm, the market at the end of the year and the beginning of the year is still worth looking forward to. There are three reasons: first, the steady growth policy; Second, according to the historical law, the profit cycle depicted by roe of A-Shares is still in the recovery cycle; Third, from the previous restless market review at the end of the year and the beginning of the year, the cross year market usually occurs every year. From July to October this year, the market performance is relatively weak, the current valuation is acceptable, and the liquidity is abundant. The cross year market at the end of the year and the beginning of the year is worth looking forward to.
China Industrial Securities Co.Ltd(601377) said that market fluctuations since last week were mainly affected by factors such as the expectation of tightening overseas liquidity and concerns about the spread of the epidemic. However, the big logic of the current cross-year market is still established, and the market will still rise after a short-term shock.
(Shanghai Securities News)
