In early trading today, the three major indexes bottomed out and rebounded. The gem index once fell more than 2% and narrowed to 0.95% by midday closing. Weibo hydraulic, the first new share registered by the Beijing stock exchange, was listed on the first day, with an opening rise of more than 190%. As of press time, the share price closed at 26.03 yuan / share, up 168.90%.
On the disk, track stocks such as new energy and chips continued to decline; Kweichow Moutai Co.Ltd(600519) fell below the 2000 yuan mark; Pharmaceutical stocks fell sharply, Topchoice Medical Co.Inc(600763) , Aier Eye Hospital Group Co.Ltd(300015) and other white horse stocks suddenly collapsed in the session.
On the other hand, undervalued stocks such as finance and real estate rose against the trend. However, industry insiders believe that the recent switching of market hot spots is style rebalancing. At present, it is difficult to say the conversion of market style. For the growth sector, if there is any adjustment, it will be an excellent layout window period.
the first share of the registration system of the Beijing stock exchange is listed
the highest increase nearly doubled
Weibo hydraulic, the first new share registered by the Beijing stock exchange, was listed today at an opening price of 28.12 yuan / share, up 190.5% from the issue price. As of noon closing, the increase was still more than 160%.
Statistics show that Weibo hydraulic was founded in 2003 and developed from hydraulic component manufacturing to a large comprehensive enterprise integrating R & D and manufacturing of small hydraulic system integrating drive motor, low-noise gear pump, control valve, hydraulic valve block and oil tank.
As the first new share under the registration system of the Beijing stock exchange, Weibo hydraulic is very popular. On December 27, 2021, the results of the first new share issuance under the registration system of the Beijing stock exchange were released. Weibo hydraulic attracted 752200 investors to participate in the innovation, with an online effective subscription multiple of 2327.61 times and a distribution ratio of 0.04%, a record low since the selection layer innovation.
In terms of war investment, the company attracted 8 institutions to subscribe for RMB 17.6348 million. The war investment lineup includes 4 public offerings of Huaxia Fund, Harvest Fund, South Fund and e fund, Jianghai securities, Soochow Securities Co.Ltd(601555) 2 securities companies, as well as XCMG venture capital development (Xuzhou) Co., Ltd. and Yangzhong XCMG industrial investment partnership (limited partnership).
Topchoice Medical Co.Inc(600763) , Aier Eye Hospital Group Co.Ltd(300015) disc flash
In the morning, medicine and biology led the decline, Topchoice Medical Co.Inc(600763) and Aier Eye Hospital Group Co.Ltd(300015) collapsed, falling 5.94% and 5.78% respectively as of the noon closing. Chinese medicine stocks were significantly differentiated, Kunming Longjin Pharmaceutical Co.Ltd(002750) , Jinghua Pharmaceutical Group Co.Ltd(002349) all sealed the limit.
The new energy industry chain continued to decline in early trading, and the share prices of Byd Company Limited(002594) and Great Wall Motor Company Limited(601633) both hit new lows in the session. Great Wall Motor Company Limited(601633) has fallen by more than 30% since the high point at the end of October last year. As heavyweights such as new energy and medical stocks fell sharply, the gem index fell more than 5% in the first two trading days of this week.
In addition, Baijiu plate cooling in early today, Kweichow Moutai Co.Ltd(600519) fell more than 2%, 2000 yuan loss. Luzhou Laojiao Co.Ltd(000568) , Wuliangye Yibin Co.Ltd(000858) , Jiangsu Yanghe Brewery Joint-Stock Co.Ltd(002304) etc. fell one after another.
Huaxia Fund believes that according to historical data, risk appetite and transaction activity tend to decline before the Spring Festival holiday. In the falling stage of risk appetite, the industries with small increase or even decline last year, strong dilemma and reversal expectation are dominant, and the overvalued value has periodic pressure to digest.
undervalued value rose sharply against the trend, market style conversion?
In early trading, the real estate sector rose, Sundy Land Investment Co.Ltd(600077) achieved three consecutive boards, Beijing North Star Company Limited(601588) , Tibet Urban Development And Investment Co.Ltd(600773) and other stocks rose by the limit. The building decoration sector also led the gains in the two cities, East China Engineering Science And Technology Co.Ltd(002140) , Shanghai Geoharbour Construction Group Co.Ltd(605598) , Longjian Road&Bridge Co.Ltd(600853) and other stocks rose sharply.
After new year’s day, the two cities weakened as a whole, with new energy and other track stocks represented by Contemporary Amperex Technology Co.Limited(300750) falling sharply, while finance, real estate and other undervalued stocks rose against the trend. Is it institutional position adjustment and stock exchange? How to view the recent hot spot conversion in the market?
Western Securities Co.Ltd(002673) pointed out that the recent market style switching is only a preview, and the truly comprehensive market switching will appear in the middle of the year. The realization of the rise in the price of essential consumer goods will be a signal to promote the overall switching of the market. Considering that there is still a need for loose monetary policy, after the resumption of work in spring, the market is gradually optimistic about economic expectations, and the market can still be more optimistic in the first half of the year. Especially for the growth sector, if there is any adjustment, it will be an excellent layout window period.
(Shanghai Securities News)
