Can energy stocks continue to be strong?
On March 9, the major indexes collectively closed down. As of the morning closing, the Shanghai Composite Index fell 1.07%, the Shenzhen composite index fell 1.78% and the gem index fell 1.61%. In terms of industry, office supplies rose by more than 4%, coal and precious metals led the increase, while education, chemical fiber, chemical fertilizer and pesticide led the decline.
The leading coal producer China Shenhua Energy Company Limited(601088) rose sharply, rising nearly 7% during the session and closing up 3.36% in the morning. Affected by the nickel futures event, the new energy giant Zhejiang Huayou Cobalt Co.Ltd(603799) fell again in the morning.
new energy giant fell the limit continuously
Nickel futures soared, causing widespread concern in the market. Market rumors, Castle Peak Holding Group 200000 tons Lun nickel empty single will face huge floating losses. According to relevant reports, Xiang Guangda of Qingshan industry responded: “foreigners do have some actions and are actively coordinating. Today, I received a lot of calls, and relevant state departments and leaders support Qingshan very much.”; “Castle Peak is an excellent Chinese enterprise. There is no problem with its position and operation.”
The London Metal Exchange announced on March 8 that it would cancel all nickel transactions executed on the OTC and LME select screen trading system on or after 0 a.m. local time on March 8, and would postpone the delivery of all spot nickel contracts originally scheduled to be delivered on March 9, 2022.
Just when everyone thought that the dust in the market was about to settle, the relevant targets in the A-share market continued to fluctuate sharply. The 100 billion new energy giant Zhejiang Huayou Cobalt Co.Ltd(603799) opened this morning after falling to the limit yesterday. As of the close, the stock fell 10% and sealed more than 140000 orders.
The nickel metal sector sector fell sharply, with the \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ and other stocks fell more than 8%.
US heavyweight announcement
500 billion coal leader near a new high
In early trading, the coal sector led the rise, with Shanxi Coal International Energy Group Co.Ltd(600546) , Pingdingshan Tianan Coal Mining Co.Ltd(601666) , Shanxi Lu’An Environmental Energydev.Co.Ltd(601699) and other stocks up more than 3%. It is worth mentioning that China Shenhua Energy Company Limited(601088) recently, the leader of the coal industry hit a new high in successive stages. Today, the market value soared by 4.45% in early trading, exceeding 500 billion yuan, reaching a maximum of 27.61 yuan in intraday trading, approaching the previous high.
In terms of news, on February 24, the national development and Reform Commission issued the notice on further improving the coal market price formation mechanism, which made it clear that the medium and long-term tax inclusive price of underground coal (q5500) in Qinhuangdao port is between 570 yuan / ton and 770 yuan / ton, Compared with the price range (550 yuan / ton – 850 yuan / ton) announced in the work plan for signing and performing medium and long-term coal contracts in 2022 (Exposure Draft) at the end of December last year. , .
these energy stocks are undervalued with high growth
The greater news of coal stocks lies overseas. On March 8 local time, the White House issued a statement on its website, saying that US President Biden officially signed an executive order banning US energy imports from Russia. The statement details the contents of the executive order, including: banning the import of Russian crude oil and some petroleum products, liquefied natural gas and coal; Banning new U.S. investment in Russia’s energy sector; Americans are prohibited from financing or supporting investment in energy companies in Russia.
Under the influence of this news, crude oil futures prices rose sharply again. Crude oil futures closed at US $123.4/barrel, rising by US $70.4/barrel as of March; Ice Brent crude oil futures contract in May rose $4.77/barrel, or 3.9%, to close at $127.98/barrel.
generally speaking, the rise in crude oil prices is good for the oil processing trade sector, natural gas sector and coal sector in addition, it is indirectly beneficial to emerging power generation sectors such as hydropower, wind power, nuclear power and photovoltaic power generation. Based on this, databao sorted out relevant undervalued high growth stocks.
According to the statistics of securities times · data treasure, in the oil, gas and power sector, among the stocks rated by more than five institutions, Petrochina Company Limited(601857) , China Yangtze Power Co.Ltd(600900) , China Shenhua Energy Company Limited(601088) , China Petroleum & Chemical Corporation(600028) , and other stock markets are worth more than 100 billion yuan. From the perspective of growth this year and next, the net profit growth of China Three Gorges Renewables (Group) Co.Ltd(600905) , China Oilfield Services Limited(601808) , Guanghui Energy Co.Ltd(600256) and other stocks exceeded 20%.
In terms of the concept of wind energy and photovoltaic, according to the statistics of databao, among the stocks rated by more than five institutions, Longi Green Energy Technology Co.Ltd(601012) , Tongwei Co.Ltd(600438) , Sungrow Power Supply Co.Ltd(300274) and other stocks are worth more than 100 billion yuan. From the perspective of growth this year and next, the net profit growth of Sungrow Power Supply Co.Ltd(300274) , Trina Solar Co.Ltd(688599) , Ja Solar Technology Co.Ltd(002459) and other stocks exceeded 30%.
