On the first trading day of 2022, many Jimin were “green and flustered”. “Fund” boarded the microblog hot search list and once entered the top 10 of the hot search list.
Some netizens joked: “the fund fell sharply, so we can only eat steamed bread.” Some netizens lamented: “invalid work: it means that after working hard for a day, workers open their own fund and see a miserable green prairie. They pay more in a day than they earn.”
“The first trading day of the new year taught me a lesson. What’s the dream of becoming rich? Working honestly is the king way,” said an old Jimin in Shanghai
Some people are immersed in sadness, others see the opportunity and are eager to try to copy the bottom. “I’m considering whether to go to the bank and take out part of the fixed deposit for replenishment.”
Is it a retreat or an increase?
Xie Yi, Nord fund manager, said that some event shocks at the end of the year and new year’s day may have caused additional pressure on the weight plate, which also had a certain impact on the real estate industry chain and related plates. “But we think these are short-term factors. In the medium and long term, China’s economic recovery has started, which is still relatively favorable for equity assets. The current credit policies and preferential policies for individual income tax are very timely, which will further help the recovery. Therefore, we are full of confidence in China’s economy and stock market performance in 2022.”
In the view of Hengyue fund, on the first trading day of 2022, the internal differentiation of the sector is still fierce, high prosperity tracks such as photovoltaic, lithium battery, chip and cro are callback in large quantities, and theme opportunities such as traditional Chinese medicine, Internet and metauniverse are stronger. In terms of style, the pressure on the large market value growth sector has increased. the hot plate is expected to be in a rapid rotation, and the fluctuation of the plate may come from the trading level. The advance layout of “spring agitation” may trigger institutional capital position adjustment. On the premise of limited external risk appetite, capital flow will further aggravate the internal differentiation of the sector, and it is difficult to form a consistent trend in the market.
In terms of industry allocation, Hengyue Fund believes that in the short term, it can focus on the middle and lower reaches consumption with improved Fundamentals (including food and beverage, tourism, auto parts and consumer electronics); Pay attention to new and old infrastructure supported by policies, such as green power, building materials, etc; Pay attention to the opportunities of undervalued cycles with transformation logic (such as coal chemical industry and special steel), and continue to be optimistic about new energy, medicine and other industries with high prospect and adjustment in the medium term.
JPMorgan Fund said that the weakness of the index today was mainly affected by the large decline of large heavyweights, while a large proportion of individual stocks rose, which may indicate that the extreme structure of the market in the past two years will change, more industry sectors will enter the vision of investors, and the market is expected to go in a more balanced direction this year. Under the game of stock funds, individual stocks with high valuation and high stock price in the early stage may still face great adjustment pressure in the short term. In addition, before the official disclosure of the 2021 annual report of listed companies, market sentiment fluctuated more around the hot spots of policy, valuation and news. With the release of pre disclosure by listed companies, individual stocks with better performance than expected are also expected to receive market attention.
In addition, from the perspective of funds, there may be a lot of incremental funds before the Spring Festival. In order to compete for the “good start” of fund issuance, star fund managers were intensively updated in January. Judging from the situation on January 4 alone, the war has been quite intense. Yinhua Xinxing three-year holding hybrid fund to be managed by 10 billion fund manager Li Xiaoxing. Dacheng Juyou growth hybrid, which was led by Han Chuang, the top 10 funds managed last year, and Guangfa Ruiyu, which is also expected to be managed by Tang Xiaobin, started issuing at the same time. In addition, BlackRock fund’s second product, BlackRock Hong Kong stock connect vision hybrid, was also issued today.
In addition to the above funds, the one-year holding period of China EU growth pilot, which is to be led by Wang Pei, vice chairman of the China EU fund equity investment decision Committee, will be issued from January 5; The selected hybrid of HSBC Jinxin research to be managed by 2020 stock based champion Lu Bin will be issued on January 6; Xinda Aoyin Zhiyuan three-year holding hybrid fund to be managed by well-known fund manager Feng Mingyuan will be issued on January 12.
A fund researcher in Shanghai said that for many fund companies, the “good start” of fund issuance is very important. Therefore, the fund companies have sent elite soldiers to escort the fund issuance. The marketing publicity, channel preheating and other preparations of many new funds are in full swing. “The subway is already full of advertisements issued by the new fund.”
(Shanghai Securities News)
