Open high! On March 21, the three major A-share indexes opened higher. As of the morning closing of March 21, the Shanghai Composite Index rose 0.02% to 325158; The Shenzhen Composite Index and gem index rose by 0.43% and 0.51% respectively; The total turnover of Shanghai and Shenzhen stock markets was 635.61 billion yuan; On the whole, the stocks in the two cities rose more and fell less, with the number of gainers reaching 3021.
From the perspective of capital, the net sales amount of northbound capital reached 3.855 billion yuan on the morning of March 21. In addition, in terms of two financing funds, as of March 18, the balance of two financing in Shanghai and Shenzhen was 1679333 billion yuan, a decrease of 6.902 billion yuan compared with the previous trading day. Among them, the financing balance was 1586739 billion yuan, a decrease of 7.085 billion yuan compared with the previous trading day; The balance of securities lending was 92.594 billion yuan, an increase of 183 million yuan over the previous trading dayP align = “center” form: two financial transactions of shenwanyi industry on March 18 p align = “center” prepared by: Zhang Ying
For the future market, the industry generally said that the market in the later stage may not be achieved overnight, or fluctuate in the form of advance, two retreat and one retreat.
Citic Securities Company Limited(600030) believes that the market will return to normal and grasp the resonance rising market. At present, the internal and external anxiety factors are fully clear, and the venting of irrational emotions is over; The overall economic situation is stable, and the impact of follow-up precise epidemic control measures on the economy will gradually weaken; The A-share market returns to normal and grasps the resonant rising market of value growth.
Haitong Securities Company Limited(600837) said that this year was still characterized as a volatile market, and the pit filling market began. Compared with the rise and fall cycles of macro-economy and stock market, this year is a shock city similar to 12 years. Of course, the details of high and low points are different. The three negative factors that fell at the beginning of the year have changed slightly, and the promotion of steady growth is expected to drive the pit filling market. Follow the main line of steady growth, growth attack, such as photovoltaic wind power, data center cloud computing, and focus on financial real estate in the field of value.
Guotai Junan Securities Co.Ltd(601211) securities proposed that the dawn appeared and the shock returned. From the recent market structure, we can also observe the advantages of low-risk characteristic structure. Since February, the cumulative returns of dividend index and high dividend strategy index have been 3.80% and 3.14% respectively, with obvious excess return advantage.
In terms of hot sectors, as of Monday morning’s closing, agricultural stocks had strong performance and led the rise. Among them, seed industry (7.4%), agriculture, forestry, animal husbandry and fishery (5.26%), aquaculture (4.91%) and other sub sectors rose one after another, with eye-catching performance.
In terms of individual stocks, Fujian Wanchen Biotechnology Co.Ltd(300972) 20cm and Heilongjiang Agriculture Company Limited(600598) , Xinjiang Talimu Agriculture Development Co.Ltd(600359) , Wanxiang Doneed Co.Ltd(600371) and other individual stocks also rose one after another.
On March 19, Kweichow Moutai Co.Ltd(600519) official wechat announced that Maotai Group hongyingzi Agricultural Technology Development Co., Ltd. was officially inaugurated and established in Tanchang street, Renhuai City on the same day, marking that Maotai Group officially entered the seed industry market and arranged the seed business of brewing raw materials. At present, the seed industry is at the forefront of agricultural planting, known as the “chip” of agriculture. The upstream of its industrial chain is mainly the research and development, cultivation and picking of seeds; The middle reaches are all kinds of seed products; The downstream is the planting industry, animal husbandry, forestry and other fields.
Soochow Securities Co.Ltd(601555) analyze the investment opportunities of agricultural stocks from three sub sectors. In terms of pig sector: pig prices further fell and breeding losses intensified. The capacity removal is expected to accelerate, and the cumulative removal range of energy reproduction is expected to be from 8% to 10% +, which is expected to be over realized under the ultra-low pig price of H1. At present, the slaughter of live pigs is still growing, the impact of covid-19 on the resumption of work in the off-season of traditional consumption is superimposed, and the loose state of supply and demand is intensified. It is expected that the current low average price of live pigs will fluctuate from April to may, and may be further explored; The pig price is low, and the breeding cash loss is significant. If considering the increase of feed cost caused by the rise of grain price, the cash loss is expected to be 250 + yuan / head. Retail investors will further take the initiative to eliminate it, and the capital pressure on scale farms will intensify, and the passive elimination is expected to accelerate. At present, the valuation of pig stocks is still relatively low, and the investment value of pig stocks is prominent.
In terms of the dynamic insurance sector, the performance of the dynamic insurance company in the second half of 2021 was under pressure due to the decline of pig price in the early stage and other factors; We expect that with the rise of pig prices, immunization procedures will gradually return to normal, and the demand is expected to gradually improve.
In terms of the seed sector, during the two sessions, a number of CPPCC members and deputies to the National People’s Congress put forward seed related proposals and motions. At the same time, geopolitical conflicts are expected to exacerbate the turmoil in the global food market. Corn, wheat and other Shenzhen Agricultural Products Group Co.Ltd(000061) will still maintain a tight balance between supply and demand throughout the year. Food security related targets are expected to receive higher attention and pay attention to seed industry investment opportunities.
