In 2022, A-Shares ushered in the first trading day.
On January 4, the three major indexes collectively closed down and failed to continue the upward red market trend in the last week of 2021. The turnover of Shanghai and Shenzhen markets exceeded trillion,
On the disk, today’s market opened high and went low, and the market style ushered in a switch. The traditional Chinese medicine sector lifted the limit tide, the media, agriculture and animal husbandry and other sectors led the rise, the digital currency sector rose, and financial stocks generally rose; Popular “track stocks” such as photovoltaic and wind power suffered a sharp decline on the first trading day of 2022, with salt lake lithium taking the lead.
As of the close, the stock index fell 0.20% to close at 3632.33 points; The Shenzhen Component Index fell 0.44% to close at 14791.31; The gem index fell 2.18% to close at 3250.16 points, and the market turnover reached 1.26 trillion yuan.
Wind data show that the net inflow of northbound funds throughout the day is 460 million yuan. Among them, the net outflow of funds from Shanghai Stock connect was 941 million yuan and the net inflow of funds from Shenzhen Stock connect was 1.401 billion yuan.
However, a number of securities companies remain optimistic about the A-share market in the beginning of 2022 in the research report.
Yan Kaiwen, an analyst at Huaxin securities, said that with the continuous market strengthening of “wide currency”, stable credit + structural wide credit, A-Shares are expected to continue to maintain the upward rhythm.
“On the first trading day of the new year, the expectation of a good start will drop slightly, but the first week’s good start can be expected.” Haitong Securities Company Limited(600837) thinks.
Sealand Securities Co.Ltd(000750) is also optimistic about the A-share market in January: the three factors of economy, liquidity and policy resonate and actively go long. Among them, the valuation expansion dominated by loose liquidity and steady growth policy is the main driving force of restlessness in spring, and the growth style is expected to become the main line of the market after phased adjustment.
In terms of policy, many new policies in macroeconomic and financial markets also deserve market attention.
The people’s Bank of China issued a notice to implement the continuous transformation of two direct tools, the Pratt & Whitney small and micro enterprise loan extension support tool and the Pratt & Whitney small and micro enterprise credit loan support plan, from January 1, 2022, so as to strengthen the support for small and micro enterprises.
Seven departments including the people’s Bank of China pointed out that no institution or individual shall provide illegal fund-raising, illegal issuance of securities, illegal lending, illegal stock recommendation and other online marketing services for illegal financial activities.
The China Securities Regulatory Commission and the Ministry of Finance recently jointly issued the measures for the administration of commitment funds of parties to securities and futures administrative law enforcement, and the CSRC simultaneously issued the provisions on the implementation of commitment system of parties to securities and futures administrative law enforcement, so as to strengthen investor protection and better compensate the interests of damaged investors.
Previously, a number of securities companies predicted that the A-share market in 2022 will be dominated by shock trend throughout the year, with the overall trend of neutral to positive. The market presents structural characteristics, focusing on grasping phased and structural opportunities.
Everbright Securities Company Limited(601788) said that the profit growth will decline significantly in 2022. The marginal easing of liquidity and the implementation of policies will form a certain support for the market, but I’m afraid it’s difficult to hedge the impact of the profit decline. It is expected that the index will fluctuate weakly in 2022. In terms of rhythm, the market may follow policy fluctuations, which is expected to be high before and low after.
China Merchants Securities Co.Ltd(600999) proposed that in 2022, the overall market will show a trend of “first stable and then rising”, the macro liquidity will gradually turn to abundant, and the growth rate of social finance has stabilized and rebounded, driving A-Shares to usher in a new round of upward cycle starting point in the third quarter of next year. Some structural investment opportunities still exist in 2022, but the range may be difficult to be as magnificent as in the past three years.
Huaan Securities Co.Ltd(600909) proposed that A-Shares will continue the wide shock pattern in 2022, and the shock center is expected to rise slightly. However, for the market, the fundamental combination will give strong support to A-Shares in 2022. Therefore, there is no significant downward risk in the market, but there is no upward trend opportunity. The influencing factors include that the tightening of liquidity by the Federal Reserve is bound to suppress A-Shares due to the lack of strong growth support.
(interface News)
