On the first trading day of A-Shares in 2022 (January 4), the Shanghai and Shenzhen stock indexes adjusted slightly, but the market profit-making effect was significantly higher than that before the new year’s Day holiday.
A number of first-line private placements are expected to be “upward” in January. In terms of structural opportunities, high-profile industries, economic marginal improvement, new economy, growth and cycle have become the main line of many private placement gold diggers in the new year.
at the beginning of the new year, the trading limit of 125 shares in the whole market
On January 4, the market conditions showed that the main stock indexes weakened slightly, and the gem index, Kechuang 50 and other indexes fell by about 2%, dragged down by the decline of heavyweights of relevant indexes.
It is worth noting that under the background of significant volume of transactions in the market on the 4th, the activity of individual stocks in the two cities increased significantly compared with that before New Year’s day. As of the closing, the number of individual stocks in the two cities has reached 125, and the rise / fall ratio of individual stocks has also reached 3299:1243 (about 3:1). From the perspective of industry sector and concept sector, the data show that agriculture, forestry, animal husbandry and fishery, textile and clothing, digital currency, Internet and other industries and themes led the increase.
Bao Xiaohui, chairman of Changli assets, said that from the perspective of industry and theme, on the first trading day of the new year, market funds generally prefer agricultural stocks, while the popularity of the continuously active concept of meta universe before the festival is not reduced, and the concepts such as online games and virtual reality are also stronger. In addition, the concept of digital currency, traditional Chinese medicine stocks, aviation, tourism, media and entertainment also led the gains. On the other hand, the new energy sector has become a concentrated area for the whole day market correction. On the whole, on the first trading day of 2022, the overall long sentiment is generally high.
private placement “spring impetuous expectation” is still optimistic
For the short and medium-term research and judgment of the A-share market at the beginning of the year, Mingyu assets said that the recent operation of the A-share market is generally strong before and after the new year’s Day holiday. In terms of major economic data, manufacturing PMI continued to pick up month on month in December. From the policy perspective, monetary policy tools are expected to continue to increase support for the real economy. The steady growth policy continues to be implemented, and A-Shares may be expected to usher in the best time window for the restless market in spring.
Bao Xiaohui further said that in January this year, the A-share market can be expected to rise, of which four key factors supporting the market deserve special attention: the growth rate of M1 and social finance in the narrow sense hit the bottom, there are obvious signs of recovery, and the macro liquidity environment is relatively warm; The steady growth policy is expected to be further strengthened; The Fed did not raise interest rates; From the valuation point of view, the industry with high valuation in 2021 was mainly concentrated in power equipment and new energy, Baijiu and automobiles, but most other A-Shares still have attractive value.
In addition, according to the annual strategy report of Jinglin assets in 2022 obtained by China Securities News and China Securities Taurus reporter from channel people on January 4, after the annual performance of A-share in 2021 with tangled and volatile stock index and continued structural bull market, Jinglin assets believes that, The A-share market is expected to find a “double bottom” of economic and corporate fundamentals from the first quarter to the second quarter of 2022. Compared with many other views of large private placement, Jinglin assets is more optimistic about the performance of A-Shares in 2022.
seize structural opportunities
On the structural nuggets in the market in January, Zhao Yuanyuan, investment director of Jianhong times, believes that under the market environment where the monetary and financial environment may be loose at the same time and the interest rate may rise the market risk preference, the cycle and growth may be the main line of A-share structural opportunities for a long time in the future. In January, it is suggested that investors focus on bargain hunting and layout automobile intelligence, yuanuniverse and “energy infrastructure” Advantageous stocks in transportation infrastructure, semiconductor equipment, military industry and other fields. In addition, due attention can also be paid to investment opportunities related to Shenzhen Agricultural Products Group Co.Ltd(000061) and food price fluctuations.
Bao Xiaohui believes that from the perspective of industry allocation, at present, Changli assets focus on two main lines, namely, the real estate and consumer industries that benefit from the improvement of economic margin, and the long-term investment main line represented by high-end manufacturing, specialization and innovation. In addition, Bao Xiaohui also stressed that under the background that the market trading volume is expected to remain high, the A-share structural slow bull market is still expected.
In addition, in terms of investment opportunities related to new economic momentum, Gao Yuncheng, general manager of Jinglin assets, said that in 2022, Jinglin assets will focus on investment opportunities in three areas: online and intelligent equipment, Quanzhen Internet and changes in energy institutions. These three areas are not only the key direction of scientific and technological development, but also the new driving force of economic growth. In 2022, Jinglin will continue to look for companies with core competitiveness.
(China Securities Journal)
