Financial Highlights
1. The pre increase of shares in the annual report is coming, and the annual performance of 22 shares is expected to double.
2. The subsidy standard for new energy vehicles has declined by 30%, and most auto enterprises are not in a hurry to raise prices.
3. Another titanium dioxide company is following up the price rise, and the performance of many leading companies is expected to increase by more than 100%.
4. Northbound capital significantly reduced its holdings in the brewing industry by more than 1.6 billion yuan.
5. More than 10 liquor companies announced price increases for core single products, or face the risk of tax increase.
A-share market overview
On Wednesday (January 5), the A-share market opened low and went down with shock, taking on the inertia of the stock index adjustment the day before yesterday. In the morning, the stock indexes of the two cities jumped short and opened low, and the hot industries in the early stage such as new energy, military industry, traditional Chinese medicine and semiconductor continued to decline, dragging the stock index down with shock step by step. The Shanghai index gained support after hitting the 60 day moving average, The stock index basically showed the operation characteristics of unilateral shock and downward throughout the day. The GEM market fell significantly on Wednesday, and the performance of the component index was significantly weaker than that of the main board market.
Future research and investment suggestions
On Wednesday, the A-share market opened low, went low and fluctuated downward. In the morning, the stock index jumped low and opened low. The early popular industries such as new energy, traditional Chinese medicine, electricity and semiconductors fell in turn, dragging the stock index down step by step. The Shanghai index gained support after touching the 60 day moving average of 3582 in the afternoon. The stock index basically showed the operation characteristics of unilateral concussion and downward throughout the day. During the session, the undervalued sectors such as banking, insurance, household appliances and real estate strengthened against the trend, driving the stock index to stop falling and stabilize in the afternoon. After new year’s day, investors’ risk aversion improved, and the market continued to show the operation characteristics of high-low switching. Overall, the characteristics of the stock index’s shock readiness around 3600 points will continue.
It is expected that the short-term slight shock of the Shanghai index is more likely, and the short-term consolidation of the gem around the annual line is more likely. We suggest that investors focus on investment opportunities in household appliances, games, agriculture, food and beverage industries in the short term, and continue to focus on investment opportunities in undervalued blue chips in the middle line.
Risk tip: policy risk, economic downturn.
