brief description of disk
On Monday, A-Shares rebounded after opening slightly lower in the morning, and the rise of the stock index narrowed near the afternoon. On the disk, pharmaceutical commerce, traditional Chinese medicine, decoration building materials, power supply equipment, medicine, energy metals, wind power equipment, batteries, electricity and motors led the rise, and the plates such as games, cultural media, wine making and automobile made a slight correction. In terms of subject stocks, helium concept, longevity medicine, pumped storage, lithium extraction from Salt Lake, heparin concept, industrial gas, geothermal energy and traditional Chinese medicine concept led the rise, while NFT concept, cloud game, metauniverse, radio and television, Hongmeng concept, smart TV and blind box economy led the decline.
message plane
central rural work conference held in Beijing
We should make every effort to do a good job in grain production and important Shenzhen Agricultural Products Group Co.Ltd(000061) supply, stabilize grain area, vigorously expand soybean and oil production, and ensure that grain output will be stable at more than 1.3 trillion kg in 2022. Strengthen the mayor responsibility system of “vegetable basket”, stabilize pig production and ensure the effective supply of livestock, poultry, aquatic products and vegetables.
over 400 billion! Northward capital increase in A-Shares broke the record!
China’s economy has developed steadily and continued to attract foreign investment. As of December 24, in 2021, the Shanghai Hong Kong stock connect and Shenzhen Hong Kong stock connect had realized a net capital inflow of 417.5 billion yuan, probably reaching an annual high. It is worth noting that the 417.5 billion yuan in 2021 is realized when MSCI and FTSE Russell have not further improved the inclusion factor of a shares. That is, it is not the result of “mindless buying” of passive funds, but the product of active funds to allocate A-Shares and change its global asset allocation pattern.
CSRC solicits public opinions on relevant systems and rules of overseas listing
In order to promote the standardized and healthy development of enterprises using the overseas capital market and support enterprises to list abroad in accordance with laws and regulations, the CSRC studied and drafted the administrative provisions of the State Council on overseas securities issuance and listing of domestic enterprises (Draft for comments), and simultaneously drafted the administrative measures for overseas securities issuance and listing filing of domestic enterprises (Draft for comments), As the supporting rules of the administrative provisions, we are now soliciting opinions from the public.
Jufeng view
Medium term strategy:
Jufeng investment adviser believes that the space for monetary easing in China has been opened and liquidity will gradually become loose. The central bank released 1.2 trillion yuan of long-term funds, which generally formed a positive stimulus to the market. For stock assets, a new round of global bull market is still early, and structural growth opportunities are still the main tone. In November, the PMI index turned upward as scheduled, and the cross year market will gradually unfold.
Short term mood:
Pre market judgment: 1. There was no major positive market personality at the weekend, so it is still a high probability event for the Shanghai Composite Index to step back at 3600 on Monday.
2. Near the end of the year, there will be a tight liquidity situation in the market in the short term, which will have a certain impact on the three high (high, high and overvalued) stocks; After new year’s day, the cross year market will enter a new upward stage.
In fact: the two strong sectors of traditional Chinese medicine and electricity last Friday continued to rise today. The lithium battery sector, which weighed on the index on Friday, rebounded in early trading, which proved to stimulate market sentiment.
Meanwhile, Kweichow Moutai Co.Ltd(600519) which rose sharply on Friday made up for the decline, but failed to hit the Shanghai index below 3600 points, which shows that the market is accumulating rebound force. The medium-term main line hydrogen energy we suggested earlier has increased significantly, showing a good profit-making effect.
Investment suggestions:
Recently, the market sector rotates very fast. After a sharp rise, we should evacuate in time and switch to the next potential opportunity point. Since mid November, the differentiation of A-Shares has been obvious, and the rotation of hot plates such as hydrogen energy, auto parts, UHV, energy storage, metauniverse, lithium battery and real estate has accelerated. The theme of state-owned assets reform has gradually become a new main line. In terms of operation, it is recommended to focus on small cap state-owned stocks with valuation advantages in the short term, and focus on technology stocks such as intelligent driving and chips with large growth space in the middle line.
(Jufeng Finance)
