Market trend:
Today, the three major indexes fluctuated at a low level in the afternoon, and the decline of Shanghai index and Shenzhen Composite Index narrowed. As of the close, Shanghai index fell 0.20%, Shenzhen composite index fell 0.44% and gem index fell 2.18%; Stocks in the two cities rose more and fell less, with more than 3300 stocks rising; The daily turnover of the two cities exceeded 1.25 trillion, and the net capital inflow to the North exceeded 4.5 billion. Today, it seems that the index has fallen a lot, especially the gem index has fallen by more than 2%. In fact, it is mainly the decline of heavyweights, and individual stocks are still relatively active as a whole. There are also many themes hyped around the big theme of consumption, with pork, traditional Chinese medicine and tourism among the top gainers.
Hot plate analysis:
In terms of plates, today we focus on tracking two plates: first, Chinese medicine stocks opened strongly and Jinghua Pharmaceutical Group Co.Ltd(002349) 7 connected to the board. On the news side, the State Medical Security Bureau and the State Administration of traditional Chinese medicine recently issued guidance on medical insurance supporting the inheritance, innovation and development of traditional Chinese medicine. The opinions put forward that it is required to include qualified pieces of traditional Chinese medicine, proprietary Chinese medicine and traditional Chinese medicine preparations of medical institutions into the catalogue of Medicare drugs. Traditional Chinese medicine has played an important role in the fight against covid-19 pneumonia with its unique advantages and functions. With the increasing refinement of relevant national standards, the further liberalization of policies, and the gradual expansion of the coverage of medical insurance reimbursement, there will be a huge market space for traditional Chinese medicine products and traditional Chinese medicine industry in the future. In addition, the increase of traditional Chinese medicine in the early stage of the pharmaceutical industry is small, the valuation is relatively low, and there is also a demand for make-up. Chinese medicine stocks have been very strong recently, and the trend is sustainable, but the cumulative increase is too large to chase up. Second, the Winter Olympics concept stocks continued to strengthen in the afternoon, Lander Sports Development Co.Ltd(000558) straight-line pull plate, Hangzhou Arcvideo Technology Co.Ltd(688039) , Beijing Egova Co.Ltd(300075) , Beijing Jiaxun Feihong Electrical Co.Ltd(300213) rose by more than 10%. Recently, the overall performance of the large consumption sector has been active. After the hype after food, clothing, housing and travel, the tourism, sports and film and television sectors have performed well recently; At the superimposed time point, the Winter Olympic Games will be held soon, which is good for the strength of sports stocks. Specifically mentioned in this month’s main investment opportunities: in terms of themes, digital currency (accelerated promotion of digital RMB in 22 years) + the approaching winter Olympic Games (corresponding to index sports, ice and snow industry, event broadcasting, etc.) can be paid attention to; Both are doing well today. The cumulative increase of the sports sector is not large. With the introduction of the national fitness policy on the policy side, it is expected that the future market of the sector will still be active again and again.
Outlook:
Today’s index adjustment range is large. The funds are switched between plates as a whole. Lithium battery stocks have a huge increase in the early stage, so the adjustment pressure is relatively large; Traditional Chinese medicine and metauniverse are hot spots in the near future. The valuation of traditional Chinese medicine is still relatively low, and the policy is constantly stimulated. Recently, it has been sought after by funds. In addition, in terms of heavyweights, the banking sector continues to adjust. Under the expectation of steady growth, the probability of interest rate reduction is still large, which is bad for the banking sector to a certain extent. The real estate industry performed better. It should be noted that many high heavyweights fell sharply today, such as Wuxi Apptec Co.Ltd(603259) and Contemporary Amperex Technology Co.Limited(300750) ; Under the background of stock funds, the market formed a seesaw effect, the weight fell, but the subject stocks were sunny. It shows that although the market is seriously divided and the index performance is poor, the number of individual stocks is mostly rising. Strategically, investors can light the index and focus on individual stocks.
(Qian Kun investment)
