In the afternoon, the index continued to fluctuate in a narrow range, and the Shenzhen Component Index and gem index were relatively strong. 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 net outflow of northbound funds throughout the day was 1.745 billion yuan, with a net outflow for four consecutive trading days, including 1.706 billion from Shanghai Stock connect and 38.51 million from Shenzhen Stock connect. On the disk, traditional Chinese medicine, gas, chicken raising, yuanuniverse, tobacco and other sectors led the rise, while real estate development, duty-free stores, green power, UHV, securities and other sectors led the decline. The plate rotation is still a little fast. After the differentiation of demon stocks, the market preference also declined. In the long short balance, consumer stocks strengthened because of high certainty.
Hot plate analysis:
In terms of sectors, two sectors were tracked today: first, the traditional Chinese medicine sector rose, Gansu Longshenrongfa Pharmaceutical Industry Co.Ltd(300534) continued to rise sharply, Wanbangde Pharmaceutical Holding Group Co.Ltd(002082) , Guizhou Bailing Group Pharmaceutical Co.Ltd(002424) , Kunming Longjin Pharmaceutical Co.Ltd(002750) limit, Ji Yao Holding Group Co.Ltd(300108) , Chongqing Taiji Industry (Group) Co.Ltd(600129) , Guangdong Taiantang Pharmaceutical Co.Ltd(002433) followed. On the news side, since this month, Beijing Tongrentang Co.Ltd(600085) , China Resources Sanjiu Medical & Pharmaceutical Co.Ltd(000999) have raised the ex factory price of Angong Niuhuang pills. Industry insiders said that behind the price rise of traditional Chinese medicine products, it is the result of the joint action of policy, market and epidemic factors. Traditional Chinese medicine is an important part of large consumption. In the process of population aging, the demand for traditional Chinese medicine has increased significantly. At present, the overall valuation of the traditional Chinese medicine sector is at a low level, and institutions have configuration needs. Second, the aquaculture sector was active in the afternoon, with Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd(300967) , Tecon Biology Co.Ltd(002100) , Zhejiang Huatong Meat Products Co.Ltd(002840) , Pengdu Agriculture & Animal Husbandry Co.Ltd(002505) , Muyuan Foods Co.Ltd(002714) , Wens Foodstuff Group Co.Ltd(300498) among the top gainers. Consumer stocks have been active as a whole recently. Both the pharmaceutical and pork sectors benefited from the peak consumption season in the fourth quarter and the recovery of performance. In this week’s strategy, we repeatedly stressed that the end of the year peak consumption season is superimposed with policies to promote the warming of consumption measures + disturbance of overseas epidemic situation, and the external circulation gives way to the internal circulation in the short term (expected rise + La Nina cold winter + defensive attribute + inflation). The large consumption and pharmaceutical sectors deserve special attention, especially household consumer goods + biomedicine: the corresponding indexes are beer concept, food processing and manufacturing, seeds Planting, chicken raising, pork, clothing, biomedicine, traditional Chinese medicine, biological vaccine, etc; The recent changes in pork and medicine in the past two days are in line with our expectations.
Outlook:
It should be noted that today’s high-level continuous board stocks continued to differentiate in the afternoon, Longzhou Group Co.Ltd(002682) sealed back to achieve 8 continuous boards, Wisesoft Co.Ltd(002253) , Xuchang Ketop Testing Research Institute Co.Ltd(003008) fell by the limit. As of the closing yesterday, 16 of the 49 continuous board stocks continued to rise by the limit, and nearly 30 stocks fell. The increasing differences between the two cities also led to a sharp rise in the fried board rate of the two cities today. A total of 78 stocks in the two cities rose the daily limit, 51 stocks opened the daily limit, and the fried board rate reached 39.5%. Today’s market preference and response to the news have declined. For example, today’s news stimulation in the field of cloud computing, leading stocks opened after punching the board in the morning, and most stocks in the board appeared obvious shadow lines. At present, at the time node, we are about to enter the pre disclosure period of the annual report in January, and the market is still afraid of possible performance stepping on thunder. Under the background of loose monetary policy, the agitation in spring still needs time to brewing. Operationally, consumer stocks are more deterministic, and science and technology growth stocks are dominated by low absorption.
(Qian Kun investment)
