Focus on the banking sector
The total net outflow of large funds was 51.1 billion yuan, 5.2 billion yuan less than that of the previous trading day. Among the 134 industry sectors of Shenwan secondary industry (2021) counted by wind financial terminal, 23 sectors had net inflow, and the number of net inflow sectors was 9 more than that of the previous trading day. The top five sectors of net inflow are: aviation equipment 1.001 billion yuan, industrial metals 537 million yuan, coal mining 523 million yuan, precious metals 519 million yuan and comprehensive 266 million yuan; The five major sectors before the net outflow are: -37.03 billion, Baijiu -29.03 billion, -26.53 -26.53, optical photoelectron -21.57 billion and joint-stock bank -19.85 billion.
It is suggested to pay attention to the banking sector. The specific analysis is as follows:
1) the central economic work conference stressed that the economic work in 2022 should be “stable and make progress while maintaining stability”, and required to “actively launch policies conducive to economic stability”. Infrastructure investment, real estate deviation correction and double carbon economy in 2022 are expected to drive wide credit.
2) with steady growth, the banking sector is expected to form a DDM numerator denominator resonance market. At the molecular end, under the wide credit, the bank’s revenue is compensated by volume, and the bad pressure on the cost end is relieved; At the denominator end, the improvement of economic expectation leads to the improvement of risk assessment.
3) recommendation: Industrial Bank Co.Ltd(601166) , Ping An Bank Co.Ltd(000001) , Postal Savings Bank Of China Co.Ltd(601658) , Bank Of Nanjing Co.Ltd(601009) , China Everbright Bank Company Limited Co.Ltd(601818) , China Merchants Bank Co.Ltd(600036) , Bank Of Ningbo Co.Ltd(002142) .
