Industry configuration suggestions: the sanctions against Russia continue to be implemented, and grasp the two clues of short-term event catalysis and long-term domestic substitution. a. Geo conflict short-term catalytic industry: 1) oil service and oil transportation; 2) Potash fertilizer; 3) Semiconductor material & power semiconductor; 4) Grain Shenzhen Agricultural Products Group Co.Ltd(000061) ; 5) Bank. b. Independent and controllable long-term track: 1) bulk oil and gas, minerals and grain Shenzhen Agricultural Products Group Co.Ltd(000061) ; 2) Semiconductor equipment; 3) Defense industry. c. Growth track of energy revolution: 1) wind power & photovoltaic; 2) New energy vehicles & parts; 3) Prefabricated buildings.
Upstream raw materials: in January 2022, in the coal industry, the outlook of coal mining decreased and coke increased month on month; The petrochemical industry, refining and chemical industry and trade are internally divided, and the boom of oil and gas exploitation and oil service projects is up month on month; In the basic chemical industry, the boom of chemical raw materials, chemical products, chemical fibers, rubber and agrochemical products is internally differentiated, and plastics is down; In the iron and steel industry, the boom of ordinary steel decreased month on month, while the boom of special steel and metallurgical steel raw materials increased month on month; In the non-ferrous metal industry, the boom of precious metals, industrial metals, small metals, energy metals and new metal materials increased month on month; In the building materials industry, the cement ring comparison is downward, the glass fiber is upward, and the interior of decoration building materials is divided.
Midstream manufacturing: in January 2022, the power equipment industry, battery ring comparison, and internal differentiation; In the mechanical equipment industry, the prosperity of construction machinery is down; In the electronics industry, the prosperity of consumer electronics is internally differentiated, and the internal differentiation of semiconductors, optical optoelectronics and components; In the national defense and military industry, the marine equipment is on the rise.
Downstream consumption: in January 2022, the overall outlook of agriculture, forestry, animal husbandry and fishery industry increased, the outlook of planting industry differentiated, and the outlook of fishery, aquaculture and Shenzhen Agricultural Products Group Co.Ltd(000061) processing decreased; In the food and beverage industry, the non Baijiu and snack foods are booming than the boom, Baijiu and seasoning fermentation products are lower than the spirits of the market, and the beverage dairy products are differentiated internally. In the pharmaceutical and biological industry, medical services have a downward trend compared with the environment; In light industry manufacturing industry, the paper industry is internally differentiated in terms of ring on ring prosperity; In the automotive industry, the overall and passenger vehicle ring comparison atmosphere is downward, and the commercial vehicle ring comparison atmosphere is internally differentiated; In the media industry, the prosperity of games, film and television theaters and publishing increased month on month; Leisure service industry, hotel catering, tourism and scenic spots have a month on month decline.
The financial housing industry has a downward trend in 2021, while the financial housing industry has a downward trend in 2022; In terms of banking industry, the cycle boom measures price differentiation; In the real estate industry, the boom was down month on month; In the construction and decoration industry, the landscape of infrastructure is internally differentiated, and the boom of professional construction and housing construction is down month on month.
Support services: in January 2022, the gas consumption in the public utility industry decreased compared with the surrounding environment; Environmental protection industry, environmental governance, ring on ring prosperity, internal differentiation; In the transportation industry, the overall month on month outlook is downward, the month on month prosperity of airports, ports and shipping is upward, and the month on month prosperity of railways, highways and logistics is differentiated.
Risk tip: high frequency data has limited explanation for the overall prosperity of the industry; The release time of high-frequency data lags behind; High frequency data may have errors.
