The market continued to decline in the afternoon yesterday. The gem index once fell by more than 3%, and more than 50 stocks in the two cities fell by the limit or by more than 10%, including Zhejiang Canaan Technology Limited(300412) 20cm and Andon Health Co.Ltd(002432) , Luoyang Glass Company Limited(600876) , Aecc Aero-Engine Control Co.Ltd(000738) . In addition, today, the rate of plate explosion in the two cities reached 44.1%, a recent high. Overall, individual stocks fell more or less yesterday, and more than 3300 individual stocks fell. The turnover of Shanghai and Shenzhen stock markets today was 1305.2 billion, 38.8 billion more than that of the previous trading day. On the disk, cloud games, Winter Olympics, prefabricated dishes, yuancosmos and other sectors led the increase, while traditional Chinese medicine, lithium extraction from Salt Lake, national defense and military industry, green power, rare earth permanent magnet and other sectors led the decline. As of the close, the Shanghai index fell 1.02%, the Shenzhen composite index fell 1.8% and the gem index fell 2.73%. The net inflow of northbound funds for the whole day yesterday was 3.046 billion yuan, including 2.92 billion yuan for the Shanghai Stock connect and 126 million yuan for the Shenzhen Stock connect.
Overnight, the three major US stock indexes closed down collectively, with the Dow down 1.07%, the S & P 500 down 1.94% and the NASDAQ down 3.34%. Large technology stocks fell, NVIDIA and Tesla fell more than 5%, Google fell more than 4%, Microsoft fell more than 3% and apple fell more than 2%. Most Chinese stocks fell, BiliBili fell more than 6%, Weilai fell more than 5%, ideal automobile and futu holdings fell more than 3%, JD and Baidu fell more than 1%. Alibaba rose more than 1%. On the news side, the minutes of the Fed meeting released hawkish signals.
At today’s morning meeting of securities companies, Huafu Securities said that there is limited room for the market to fall. It is suggested to pay attention to securities companies, Chinese prefixes and national brands on bargain hunting; In terms of investment opportunities, Gf Securities Co.Ltd(000776) believes that the rise of CPI superimposes the peak Spring Festival season, and supermarkets may meet the inflection point; Tianfeng Securities Co.Ltd(601162) pointed out that it is optimistic that the rise of lithium, cobalt and rare earth will continue, and the profit of electrolytic aluminum will continue to repair.
Huafu Securities: the market has limited room to fall. It is recommended to focus on securities companies, Chinese prefix and national brand
Huafu Securities pointed out that the recent sharp decline in popular track stocks, especially the new energy track, is mainly due to the fact that the early market has basically given full expectations. Even if there are favorable conditions such as the price of lithium resources reaching a new high and the number of new photovoltaic installations exceeding expectations, the market has basically desensitized. Without greater stimulus, it may continue to fluctuate and adjust the weak to digest the valuation. In addition, as the biggest A-share IPO in the past 10 years, China Mobile returned to the A-share market, with a transaction of more than 25.5 billion on the first day, causing a certain blood pumping effect on small and medium-sized stocks; Recently, US bond yields have risen significantly (the upward range in the past two days is close to 14bp), approaching the high point since last year, which has a suppressive effect on some overvalued sectors. As for the future market, some institutions clearly pointed out that there is limited room for the market to fall. It is suggested that bargain hunting should pay attention to securities companies, Chinese prefixes and national brands. For the time being, it may be necessary to avoid “three high (high, high and overvalued)” stocks.
Gf Securities Co.Ltd(000776) : CPI rise superimposed on supermarket department stores or meeting the inflection point in the peak Spring Festival season
Gf Securities Co.Ltd(000776) the research report believes that multiple factors may promote CPI to enter the uplink channel. Under the normalization of the epidemic, the valuation adjustment of the commercial supermarket sector is relatively sufficient. In the short term, the impact of community group buying and fresh e-commerce on the business supermarket sector has weakened. Overall, the CPI rise is superimposed on the Spring Festival peak season. It is suggested to pay attention to the investment opportunities in the Department Store sector of supermarkets. The Spring Festival is the peak sales season for supermarkets, and the celebrations of supermarkets’ department stores and other formats are concentrated at the end of the year. Offline promotions are frequent, the customer unit price of supermarkets is expected to increase, and the same store growth rate of leading companies is expected to recover.
Tianfeng Securities Co.Ltd(601162) : optimistic about the continuation of the rise of lithium, cobalt and rare earth, and the profit of electrolytic aluminum continues to repair
Tianfeng Securities Co.Ltd(601162) the research report points out that it is optimistic that the rise of lithium cobalt rare earth continues, the profits of electrolytic aluminum continue to be repaired, the installed capacity of ternary continues to rise, and the price of lithium cobalt continues to rise strongly. Steady supply rigidity & high demand growth in many aspects, the growth of rare earth magnetic materials is expected to continue, and the strong elasticity of rare earth returns in the short term. Pay attention to China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) , China Minmetals Rare Earth Co.Ltd(000831) , Shenghe Resources Holding Co.Ltd(600392) . In the medium and long term, the disturbance and weakening of magnetic raw materials realize price transmission and the improvement of product structure, which is expected to usher in the simultaneous rise of volume and price. Pay attention to Jl Mag Rare-Earth Co.Ltd(300748) , Yantai Zhenghai Magnetic Material Co.Ltd(300224) , Ningbo Yunsheng Co.Ltd(600366) , Earth-Panda Advanced Magnetic Material Co.Ltd(688077) , etc.
(Financial Associated Press)
