Review of gold stocks last month
The top ten gold stocks of Central China Securities Co.Ltd(601375) Research Institute in December 2021 are: 600176 SH China Jushi Co.Ltd(600176) 、600875. SH Dongfang Electric Corporation Limited(600875) 、300451. SZ B-Soft Co.Ltd(300451) 、603212. SH Cybrid Technologies Inc(603212) 、688595. SH Chipsea Technologies (Shenzhen) Corp.Ltd(688595) 、688122. SH Western Superconducting Technologies Co.Ltd(688122) 、688390. SH Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) 、002745. SZ Mls Co.Ltd(002745) 、300496. SZ Thunder Software Technology Co.Ltd(300496) 、603186. SH Zhejiang Wazam New Materials Co.Ltd(603186) 。 In December 2021, the yield of the top ten gold stock portfolio was - 1.49%, and the Shanghai stock index increased by 2.19% over the same period, underperforming the Shanghai stock index by 3.67pct.
Current market research and judgment
China's economy is facing triple economic pressures of "shrinking demand, supply shock and weakening expectation". The central government emphasizes "stability" in economic work in 2022, and various ministries, commissions and local governments have successively introduced measures to stabilize growth. In December, the one-year LPR interest rate was cut by 5 basis points, and the central bank may have more structural easing policies in the future. The fiscal policy calls for speeding up the progress and strengthening the strength, and the fiscal policy is expected to make advance efforts. The epidemic situation outside China is still not optimistic, but its impact on the economy is decreasing. Overseas, the Federal Reserve accelerated the reduction of QE scale, but China's monetary policy will not be affected for the time being, focusing on China. Before the Spring Festival holiday, funds may look for more assets with higher safety margin, stable growth fields or better choices in the near future.
The market adjustment at the end of December may be coming to an end, and the index in January is expected to rebound driven by the infrastructure sector.
It is suggested to pay attention to banking, non banking, real estate, household appliances, medicine, computer and other industries.
Risk tips: (1) the market trend is less than expected; (2) The company's performance is lower than expected; (3) Past performance does not represent future performance; (4) The risk that the market expectation on which the portfolio is based is inconsistent with the actual operation of the market; (5) The market expectation on which this portfolio is based takes month as the operation cycle.
（ Central China Securities Co.Ltd(601375) ）
