on february 28, the three major A-share indexes collectively closed up, of which the Shanghai index rose 0.32% to close at 346231 points; The Shenzhen Component Index rose 0.32% to close at 1345573; The gem index rose 0.89% to close at 28813 7
market turnover reached 949.1 billion yuan, with industry sectors rising and falling, with digital currency, photovoltaic equipment and shipping port sectors leading the rise, while decoration, education and industrial mother machine sectors led the decline
In February, the red market of the three major A-share indexes ended!
The situation in Ukraine continues to ferment. Shipping stocks rose more than 5% and port stocks rose more than 1%. The 260 billion giant Cosco Shipping Holdings Co.Ltd(601919) rose nearly 8%, and Hong Kong stocks also rose more than 6%. Defense and military industry stocks rose, and aerospace and military industry rose nearly 1% in the session. The digital currency index rose more than 3%, and the “20cm” limit of Shenzhen Forms Syntron Information Co.Ltd(300468) , Brilliance Technology Co.Ltd(300542) and Brilliance Technology Co.Ltd(300542) rose. The Ministry of industry and information technology said it supports the construction of data exchanges in Beijing and Shanghai.
Hong Kong stock Hang Seng Index closed down 0.24%, real estate stocks fell sharply, rongchuang China fell more than 16%, and Zhengrong real estate fell nearly 6%. Among them, rongchuang China’s share price has nearly halved in the past month.
Cosco Shipping Holdings Co.Ltd(601919) ah shares rose double
The situation in Ukraine continued to ferment, with A-share shipping stocks up more than 5% and port stocks up more than 1%.
Among them, Ningbo Marine Company Limited(600798) limit Cosco Shipping Holdings Co.Ltd(601919) , Antong Holdings Co.Ltd(600179) rose sharply, Cosco Shipping Development Company Limited(601866) , Cosco Shipping Specialized Carriers Co.Ltd(600428) , Bohai Ferry Group Co.Ltd(603167) , etc.
Jinzhou Port Co.Ltd(600190) limit Ningbo Zhoushan Port Company Limited(601018) , Rizhao Port Co.Ltd(600017) , China Merchants Port Group Co.Ltd(001872) , Tianjin Port Co.Ltd(600717) , Jiangsu Lianyungang Port Co.Ltd(601008) , Xiamen Port Development Co.Ltd(000905) followed.
Cosco Shipping Holdings Co.Ltd(601919) rose nearly 8%, and the share price closed at 17.52 yuan / share, up 7.82%, with a total market value of 264.5 billion yuan. Hong Kong stocks Cosco Shipping Holdings Co.Ltd(601919) also rose more than 6%.
On the news side, China Central Television News reported that on February 27 local time, the Ukrainian border defense Bureau said it would temporarily close the border ports with Russia, Belarus and the areas along the Dniester River from the 28th.
China Securities Co.Ltd(601066) Securities said that the escalation of the situation in Russia and Ukraine may lead to confusion of shipping schedule and reduction of corresponding transport capacity supply; Major liner companies may reduce the number of liner trips into the Black Sea, and the average haul distance may increase; If the situation in Russia and Ukraine continues to escalate, Russia may attack infrastructure such as it system through network, or cause a great blow to the global container supply chain.
At the same time, the demand of residents’ material reserves in European countries may increase significantly, or the import volume from countries with long transportation distance will increase, driving the overall demand of tons of nautical miles. It is expected that the contradiction between supply and demand of subsequent centralized transportation may become more prominent, and the freight rate may have a nonlinear mutation.
Guo Shiliang, an independent financial commentator, said in an interview with the reporter of the international finance news that the uncertain situation in Russia and Ukraine, geographical factors have increased shipping risks, indirectly led to the increase of shipping costs, and the level of freight rates is expected to rise. However, Cosco Shipping Holdings Co.Ltd(601919) itself has certain strong cyclical factors. The stock price is affected by geographical situation, economic cycle and other factors. The sustained strength of short-term BDI (Baltic dry bulk freight rate index) has become a catalyst for the rise of stock price, but the subsequent trend is still related to factors such as economic periodicity.
Increase in currency
The concept of digital currency rose sharply, and the digital currency index rose by more than 3%, Shenzhen Forms Syntron Information Co.Ltd(300468) , Brilliance Technology Co.Ltd(300542) intraday “20cm” limit, Hyunion Holding Co.Ltd(002537) word limit, Tansun Technology Co.Ltd(300872) , Shenzhen Asia Link Technology Development Co.Ltd(002316) , Yunnan Nantian Electronics Information Co.Ltd(000948) and so on.
On the news side, the United States, the European Union, the United Kingdom and Canada jointly announced that Russia was prohibited from using the global Interbank Financial Telecommunications Association (Swift) international settlement system.
The Information Office of the State Council is scheduled to hold a press conference at 10 a.m. on February 28 to invite Xiao Yaqing, Minister of industry and information technology, to introduce the promotion of the smooth operation, quality improvement and upgrading of industry and information technology, and answer reporters’ questions. Xiao Yaqing, Minister of industry and information technology, said it is very important to strengthen data security in digital transformation. We will actively cultivate the data element market and support the construction of data exchanges in Beijing and Shanghai. Strengthen the safety supervision of industrial data, formulate important data directories and strengthen protection.
“The sharp rise in the concept of digital currency stems from the economic sanctions imposed by Europe and the United States on Russia. CIPS RMB cross-border payment system has been recognized by the market. The market is expected to increase the market share of CIPS in the future and promote the rise of concept stocks. However, at present, it is still affected by geographical factors and there is still great uncertainty. The concept speculation is still a short-term phenomenon in the market.” Guo Shiliang said.
military industrial unit changes
Defense and military industry stocks rose, and aerospace and military industry rose nearly 1% in the session.
Tianjin Jieqiang Power Equipment Co.Ltd(300875) rose by nearly 8%, while Chengdu Ald Aviation Manufacturing Corporation(300696) , Chengdu M&S Electronics Technology Co.Ltd(688311) , Xi’An Triangle Defense Co.Ltd(300775) , Avic Heavy Machinery Co.Ltd(600765) , Aecc Aero-Engine Control Co.Ltd(000738) and other gains were higher.
Capital Securities believes that regional events, as a short-term catalyst, have a certain impact on market sentiment; In the long run, the market of the military industry sector will still be driven by fundamentals, accelerate the development of new equipment and ensure the rapid generation of combat effectiveness. During the 14th Five Year Plan period, the growth of the sector is clear.
rongchuang China plunged 16%
Hong Kong stock Hang Seng Index closed down 0.24%, real estate stocks fell sharply, rongchuang China fell more than 16%, and Zhengrong real estate fell nearly 6%.
Among them, rongchuang China’s share price has nearly halved in the past month, falling all the way to the current HK $6.4 from the highest price of HK $11.86 on January 24.
“Rongchuang China’s share price fell sharply, which is related to adverse rumors in the market. Real estate stocks are deeply affected by policy and environmental factors.” Guo Shiliang believes that for highly leveraged real estate stocks, reducing leverage will be a development trend, and real estate stocks with three red lines still need to be treated with caution.
market is still in a favorable window
On February 28, the three major A-share indexes collectively closed up, of which the Shanghai index rose 0.32% to close at 346231 points; The Shenzhen Component Index rose 0.32% to close at 1345573; The gem index rose 0.89% to close at 288131.
The market turnover reached 949.1 billion yuan, and the industry sectors rose and fell. The digital currency, photovoltaic equipment and shipping port sectors led the rise strongly, while the decoration, education and industrial mother machine sectors led the decline.
Guotai Junan Securities Co.Ltd(601211) Securities believes that the conflict between Russia and Ukraine affects risk appetite, and the current risk aversion is dominant; Second, by affecting the supply of energy and other commodities, it will raise global inflation expectations. From a medium-term perspective, China’s economic recovery is still the core. Considering the marginal relaxation in the real estate sector (the proportion of down payment, the relaxation of purchase and loan restrictions), the expectation of wide credit will rise again, and the driving of credit cycle → profit cycle will boost the steady growth market.
China Securities Co.Ltd(601066) Securities said that there are many variables in the follow-up of Russia Ukraine conflict and NATO sanctions, but the market is still in a favorable window period. With the approaching of the two sessions, the stable growth of infrastructure chain has begun to be realized gradually. Subsequently, with the cooling of the Fed’s expectation of raising interest rates in March, the decline of China’s long-end treasury bond yield, the improvement of the growth sector environment, it is optimistic about the power semiconductor Photovoltaic, CXO with expected marginal improvement, etc. At the same time, pay attention to the aluminum and crude oil chain benefiting from the conflict between Russia and Ukraine, the thermal power benefiting from the downward coal price, and the digital economy supported by policies.
