Differentiation! On Wednesday (March 23), the three major A-share indexes fluctuated during the session, and the volume continued to shrink. The net outflow of funds from the North led to the differentiation of the sector, with more gains and less losses.
On March 23, the three major A-share indexes collectively closed up. As of the closing, the Shanghai index rose 0.34%, the Shenzhen Component Index rose 0.73% and the gem index rose 1.03%; Shanghai and Shenzhen stocks rose and fell by half, with a total turnover of 942.8 billion yuan; The net sales of northbound funds were 194 million yuan.
In terms of sectors, 47 of 86 industries in China stock market news rose, and 6 industries such as wind power equipment, real estate services, communication equipment, traditional Chinese medicine, aerospace and real estate development ranked first, with an increase of more than 2%.
In terms of individual stocks, on Wednesday, 2312 stocks rose and 2257 stocks fell in Shanghai and Shenzhen. Among them, 87 stocks closed at the daily limit, and the number of daily limit stocks continued to decrease. In addition, the number of stocks falling by the limit increased slightly, and 16 stocks closed at the limit.
Trading of individual stocks on Wednesday (March 23): p align = “center” tabulation: Zhao Ziqiang
For the aftermarket of a shares, institutions generally said that there were differences in the market after a continuous rebound, but the overall opportunity was greater than the risk.
Guosheng Securities believes that the overall valuation of A-Shares has entered a relatively low range. At this stage, the opportunity is greater than the risk, and there is enough space for the upward rebound in the future.
Guotai Junan Securities Co.Ltd(601211) believes that the index has bottomed out and the theme concept sector is expected to be active. After several consecutive days of rebound, the market began to be slightly tired and have differences. The rotation between theme sectors has been accelerated, and the seesaw effect is obvious. At present, after the real estate industry issued positive comments to correct the market pessimism, relevant departments have made further positive comments on hydrogen energy, energy storage and other new energy in multiple directions to promote the prosperity of new energy. Therefore, under the guidance of steady growth and wide credit, the current market has passed the most panic moment in the short term and re entered the shock bottoming range. If the subsequent market wants to make further upward breakthrough, it needs more good news and greater external promotion.
At the same time, public funds, private placement and other institutions also expressed their views on the future market. Yuan Huaming, general manager of Huahui Chuangfu investment, said that recently, the market has more rotation performance of oversold rebound varieties and policy hot varieties, indicating that although the market sentiment has been repaired driven by China’s favorable policies, it is still cautious under the suppression of uncertain factors such as geographical conflicts and China’s epidemic situation, so the A-share market is still at the bottom stage. At present, the geopolitical conflict and the strength and rhythm change of China’s counter cyclical policy will be the two main driving forces to break the market deadlock. Plate opportunities first exist in the direction of policy force; Secondly, global commodity prices have fluctuated greatly recently, and some industry enterprises will benefit from such price changes, which is worth exploring.
Liu Youhua, research director of private placement network, said that from the perspective of the index, the market has fluctuated sideways for several consecutive trading days, indicating that the index and most stocks have encountered obvious pressure. Combined with the sentiment of investors, the market shock pattern will eventually be broken. It is expected that the market will give the direction as soon as the beginning of next week. Don’t be too optimistic upward and don’t be particularly pessimistic downward.
Yu Dingheng, chairman and investment director of Yihu Investment: Recently, the market has repeatedly interpreted the intraday volatile market, staged a rebound after opening high and going low, and switched between blue chip and growth track stocks. The bottom of the market is actually a process of continuous integration of policy benefits, constant clearing of valuation bubbles, economic expectations and better market confidence. At present, the market is accelerating downward, the risk has been fully released, full of attractive chips, waiting for only the opportunity!
Hot spot 1: Zte Corporation(000063) A-Shares rose by the word limit, and Hong Kong stocks soared by 60% during the session
On the news, Zte Corporation(000063) 23 announced at noon that the company received the court judgment on March 22, 2022 (US time), the probation period would expire on March 22, 2022 (US time) without any penalty, and confirmed that the term of office of the inspector would end on March 22, 2022 (us time).
Zte Corporation(000063) 2021 shows that in 2021, the operating revenue will reach 114522 billion yuan, with a year-on-year increase of 12.88%; The net profit attributable to the parent company was 6.813 billion yuan, a year-on-year increase of 59.94%; The net profit deducted from non parent company was RMB 3.306 billion, with a year-on-year increase of 219.23% China Galaxy Securities Co.Ltd(601881) Securities said it was optimistic about the growth opportunities of the company in the digital transformation of enterprises. In combination with the company’s annual performance report, the predicted value of the company’s net profit attributable to the parent company from 2022 to 2024 is adjusted to 8.642 billion yuan, 10.105 billion yuan and 11.696 billion yuan, corresponding to 183, 214 and 2.47 yuan of EPS and 13.17, 11.26 and 9.73 times of PE, maintaining the “recommended” rating.
China Merchants Securities Co.Ltd(600999) research report said that the latest progress of Zte Corporation(000063) is conducive to the valuation recovery of the communication industry, and the left layout is recommended at the bottom of the sector. From 2020 to 2021, the valuation of the communication sector continued to decline, and the above progress is expected to help the emotional recovery of the sector. With the high degree of globalization of communication equipment, the relationship between overseas operators and Chinese suppliers may reproduce opportunities, and the overseas territory continues to expand.
Hot spot 2: wind power equipment led the rise of two stocks
On Wednesday, wind power equipment stocks strengthened. As of the close, the sector rose 4.03%, ranking first in the industry growth list of China stock market news. Among them, Jiangsu Sinojit Wind Energy Technology Co.Ltd(601218) and Dajin Heavy Industry Co.Ltd(002487) closed at the daily limit.
According to the news, recently, the national development and Reform Commission and the National Energy Administration issued the “14th five year plan” for modern energy system, which proposed to comprehensively promote the large-scale development and high-quality development of wind power and Cecep Solar Energy Co.Ltd(000591) power generation, give priority to local and nearby development and utilization, accelerate the construction of decentralized wind power and distributed photovoltaic in load centers and surrounding areas, and promote the application of low wind speed wind power technology. In addition, take the power grid as the basic platform to enhance the ability of optimal allocation of power system resources, improve the intelligent level of the power grid, and promote the power grid to actively adapt to the development of large-scale centralized new energy and large-scale distributed energy.
For the investment in wind power equipment stocks, Citic Securities Company Limited(600030) said that about 70% of the investment in new energy projects in Fengguang new energy can be deducted from the value-added tax, which can usually be deducted in about five years. As Fengguang investment is in the capital expenditure expansion cycle, from the financial statements of listed new energy operators, there are also large-scale value-added tax to be deducted in all enterprises, Therefore, the cash reserves retained and returned to enterprises will be significantly thickened, which will also help enterprises save financial expenses and improve profitability.
For the investment object, Huachuang securities suggests to pay attention to the wind power industry chain: Titan Wind Energy (Suzhou) Co.Ltd(002531) , Xinjiang Goldwind Science And Technology Co.Ltd(002202) , Ming Yang Smart Energy Group Limited(601615) , Dajin Heavy Industry Co.Ltd(002487) , Ningbo Orient Wires & Cables Co.Ltd(603606) , Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) , etc.
