On Wednesday afternoon, the market remained weak and volatile, and the Shanghai index fell nearly 1% to 3600 points. COVID-19 test plate continued to strengthen, Baijiu plate continued to decline, heavyweight of Chinese medicine plate plummeted. Overall, individual stocks fell more and rose less, and more than 2500 stocks fell.
As of the close, the stock index fell 0.91% to 3597.00. The Shenzhen Component Index fell 1.24% to 14653.82. The gem index fell 1.40% to 3281.90.
On the disk, Baijiu stock sharply callback, Kweichow Moutai Co.Ltd(600519) fell over 4%, Wuliangye Yibin Co.Ltd(000858) fell 5%. Zhangzhou Pientzehuang Pharmaceutical Co.Ltd(600436) high volume limit, Chinese medicine plate under pressure.
Covid-19 detection plate was strong throughout the day, Motic (Xiamen) Electric Group Co.Ltd(300341) rose by more than 10%, the Andon Health Co.Ltd(002432) limit rose by three plates in four days, Chimin Health Management Co.Ltd(603222) , Xilong Scientific Co.Ltd(002584) limit, and Guangzhou Improve Medical Instruments Co.Ltd(300030) , Shanghai Runda Medical Technology Co.Ltd(603108) , Jiangsu Skyray Instrument Co.Ltd(300165) , Shenzhen Yhlo Biotech Co.Ltd(688575) rose by more than 5%.
Baijiu stocks fell, Anhui Yingjia Distillery Co.Ltd(603198) , Anhui Gujing Distillery Company Limited(000596) , Jiugui Liquor Co.Ltd(000799) , Anhui Kouzi Distillery Co.Ltd(603589) , Luzhou Laojiao Co.Ltd(000568) , Xinjiang Yilite Industry Co.Ltd(600197) and so on fell by over 5%, Kweichow Moutai Co.Ltd(600519) fell more than 4%. Heavyweights in the traditional Chinese medicine sector fell sharply, Zhangzhou Pientzehuang Pharmaceutical Co.Ltd(600436) fell by the limit, China Resources Sanjiu Medical & Pharmaceutical Co.Ltd(000999) , Beijing Tongrentang Co.Ltd(600085) fell by more than 5%.
In terms of individual stocks, the trading limit shares are as follows: Fujian Snowman Co.Ltd(002639) (10.03%), San Yang Ma (Chongqing) Logistics Co.Ltd(001317) (10.00%), Zhejiang Chunhui Intelligent Control Co.Ltd(300943) (20.00%), Qiming Information Technology Co.Ltd(002232) (10.02%), Andon Health Co.Ltd(002432) (10.00%). The down limit shares are as follows: Shanghai Yanhua Smartech Group Co.Ltd(002178) (- 9.96%), Zhangzhou Pientzehuang Pharmaceutical Co.Ltd(600436) (- 10.00%), Shanghai Electric Power Co.Ltd(600021) (- 10.01%), Xinjiang Sayram Modern Agriculture Co.Ltd(600540) (- 10.01%), Wuhan National Pharmaceutical Technology Co.Ltd(600421) (- 9.97%).
The top five stocks with turnover rate are: San Yang Ma (Chongqing) Logistics Co.Ltd(001317) , youningwei, Zhejiang Chunhui Intelligent Control Co.Ltd(300943) , Shaanxi Meibang Pharmaceutical Group Co.Ltd(605033) and Hendi pharmaceutical, which are 78.179%, 64.332%, 58.212%, 56.182% and 51.838% respectively.
On the 29th, the full day turnover of Shanghai and Shenzhen stock markets was 997.3 billion, a decrease of 5.4 billion compared with the previous trading day, and the trading volume fell below trillion again.
What needs to be mentioned is that despite the recent low performance of Baijiu stocks, many brokerages still hold a good view of Baijiu. Citic Securities Company Limited(600030) points out that the dynamic sales in 2022 and the peak season of Spring Festival are in a reasonable boom range; Although Maotai’s price increase is not expected to be cashed in the current spring festival goods preparation, the overall trend has been relatively clear, and the plate still has upward space. Guosen Securities Co.Ltd(002736) believes that next year, consumer demand and recovery will become the main theme of the industry. High-end and high-end Baijiu companies are still the most beneficial.
According to the analysis of Haitong Securities Company Limited(600837) Research Report, near the Spring Festival, the market style is adjusted frequently, the persistence of hot information is weak, and it is more difficult to make money. It is recommended to see more and move less, but two directions of bargain hunting configuration can still be considered. First, with the policy underpinning of steady growth, the market liquidity remains abundant, and we can focus on the securities sector with undervalued value and good performance. Second, wind power, as one of the important components of clean energy, has broader investment space, and can focus on the wind energy sector after the correction on bargain hunting in the medium and long term.
Bohai Securities Research Report said that in general, in the current performance vacuum period, the pessimistic expectations at the performance end are expected to be revised upward under the protection of policies, and the capital risk appetite is expected to remain relatively high. At the same time, the liquidity tends to be loose in stability, and the policy tone is “stable”, and investors can actively participate. However, in the restless process of the following spring, we need to pay attention to the grasp of the rhythm and be vigilant against the fluctuation risk brought by the periodic exchange of funds.
(Zhongxin Jingwei)
