Index tracking
[Shanghai and Shenzhen composite index] Shanghai Composite Index fell 0.07% to close at 3622.62 points; The Shenzhen Component Index rose 0.70% to close at 14791.33 points; The gem index rose 0.55% to close at 3368.70.
[industry tracking] industry: 19 industries rose and 11 industries fell. Among them, the media, electronics, agriculture, forestry, animal husbandry and fishery sectors led the increase, with an increase of 2.40%, 2.17% and 1.87% respectively; Real estate, architectural decoration and steel sector led the decline, with a decline of – 1.71%, – 1.31% and – 0.91%.
Industry comments
The media sector led the gains, mainly led by the yuan universe sector. Specifically, the top gainer is the “virtual Idol” direction. In yesterday’s report, we also mentioned that some public idols have been broken recently, and the creation of virtual idol brand is favored by the market. At present, China has Luotian Yi, a Zen Buddhist monk and many other virtual idols with certain fans’ basic content. At the same time, TikTok Yuan Yuan virtual Idol “Liu Yexi” has attracted only 8 million fans in recent 4 videos. In addition, the first domestic meta universe product “xirang” released by Baidu on the 21st officially opened the targeted internal test, which led to the strength of the plate. However, we believe that meta universe can create a more mature ecology based on a series of basic equipment such as 5g, chip and AR / VR, plus excellent virtual network and story content. However, at this stage, our meta universe is still relatively primary, Be alert to relevant risks.
In terms of individual stocks, Inly Media Co.Ltd(603598) , Tangel Culture Co.Ltd(300148) , Heilongjiang Publishing & Media Co.Ltd(605577) and other stocks rose by the limit.
The electronics sector increased significantly, including consumer electronics and semiconductor sectors. In terms of the consumer electronics sector, the overall decline of the consumer electronics industry this year is large, mainly due to the slowdown in the growth of smart phones and the decline in the growth of the overall revenue and profit of the industry. Recently, the popularity of the meta universe is expected to become the future profit increment of the consumer electronics industry, so the board rebounded. In the semiconductor sector, with the gradual improvement of the penetration rate of new energy vehicles, compared with traditional vehicle enterprises, the chip demand of new energy vehicle enterprises is higher, and the high demand will promote the improvement of industry profits. In addition, the U.S. Department of Commerce recently released a new round of entity list, the international situation is still complex, and domestic substitution is still advancing. In terms of individual stocks, Suzhou Anjie Technology Co.Ltd(002635) , Wus Printed Circuit (Kunshan) Co.Ltd(002463) , Ofilm Group Co.Ltd(002456) and other individual stocks rose by the limit.
The real estate sector fell sharply. On the 20th, the official website of Heilongjiang provincial government disclosed the news that the Provincial Department of housing and urban rural development held the economic operation dispatching meeting of the provincial real estate industry, focusing on the research and deployment of the growth of the real estate industry before the end of the year. It was the first policy issued by the provincial competent department to boost the real estate, so the real estate sector strengthened yesterday. Yesterday afternoon, the article has been removed. Under the influence of the news, the plate fell today. Overall, “housing does not fry”
The tone will not change in the future. Although the pressure on the financing end of the industry slows down, the future growth rate is expected to be limited.
Outlook
As yesterday’s subject stocks San Yang Ma (Chongqing) Logistics Co.Ltd(001317) received the supervision letter and were required to be suspended for verification by the Shenzhen Stock Exchange, the high-level subject stocks were divided, Beijing Jingcheng Machinery Electric Company Limited(600860) , Chinalin Securities Co.Ltd(002945) fell by more than 5%, and such high-level subject stocks had high risks. It is suggested to focus more on the sectors with reasonable valuation and small early increase from the direction of policy support and performance improvement.
Risk warning: the enterprise’s profit is less than expected; Increased volatility in overseas markets; Systemic risk.
(Chuancai securities)
