The A-share market fluctuated at a low level on Thursday morning, but the overall decline and intraday amplitude were small. The gem index fell below 2700 points, and nearly 3600 stocks in the two cities fell.
While the market is tepid, the performance disclosure of A-share companies is in full swing. So far, more than 400 A-share companies have disclosed their 2021 annual reports, and more than 70% of the company’s net profit has increased year-on-year.
The Hong Kong stock market has further reduced the fluctuation range, but the differentiation between individual stocks is obvious.
A-Shares low volatility
more than 400 companies disclose 2021 annual report
The A-share market fluctuated at a low level in the morning, and the main indexes fell to varying degrees, among which the gem index fell below 2700 points.
In terms of industry sectors, the coal sector led the increase, with an increase of about 2% Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) intraday increase of more than 9%.
The pharmaceutical sector led the rise, with Baotou Dongbao Bio-Tech Co.Ltd(300239) , Dalong pharmaceutical, China Resources Double-Crane Pharmaceutical Co.Ltd(600062) , Cylon pharmaceutical and other stocks rising by more than 10%.
Hotel catering, semiconductor, household products and other sectors led the decline.
Northbound funds were sold again, but the net sale in the morning was not large.
The company’s performance disclosure is not in full swing at the same time.
According to the reporter’s statistics, up to now, 434 companies have disclosed the 2021 annual report, of which 384 companies have positive year-on-year revenue growth, accounting for nearly 90%, and 316 companies have positive year-on-year return to parent net profit growth, accounting for more than 70%.
Among the 22 companies that disclosed their annual reports yesterday, they still showed positive growth, of which 19 had positive year-on-year revenue growth and 17 had positive year-on-year net profit attributable to their parent companies. Including China Mobile, Maanshan Iron & Steel Company Limited(600808) , Wuxi Apptec Co.Ltd(603259) , Yihai Kerry Arawana Holdings Co.Ltd(300999) , China Suntien Green Energy Corporation Limited(600956) , Sinopec Shanghai Petrochemical Company Limited(600688) , Beijing Kingsoft Office Software Inc(688111) and other companies, the net profit attributable to the parent company exceeds 1 billion yuan.
According to the annual report disclosed by China Mobile last night, the operating revenue in 2021 was 848258 billion yuan, a year-on-year increase of 10.4%, and the net profit attributable to the parent company was 115937 billion yuan, a year-on-year increase of 7.51%. According to the data disclosed by China Mobile, in 2021, the personal market reversed the downward trend and achieved positive growth, with revenue reaching 483.4 billion yuan, a year-on-year increase of 1.4%; There were 957 million mobile customers, with a net increase of 14.97 million, including 387 million 5g package customers, with a net increase of 222 million, maintaining the leading scale in the industry. After the release of the above annual report, the share price of China Mobile A shares rose sharply this morning, and the intraday increase was close to 8%.
the 2021 annual report released by Wuxi Apptec Co.Ltd(603259) shows that the company’s operating revenue in 2021 was 22.902 billion yuan, a year-on-year increase of 38.5%, and the net profit attributable to the parent company was 5.097 billion yuan, a year-on-year increase of 72.2% Wuxi Apptec Co.Ltd(603259) A shares opened low and went high in the morning, with an intraday increase of more than 4%.
the annual report released by Yihai Kerry Arawana Holdings Co.Ltd(300999) shows that the company’s operating revenue in 2021 was 226.2% 2.5 billion yuan, a year-on-year increase of 16.06%, and the net profit attributable to the parent company was 4.132 billion yuan, a year-on-year decrease of 31.15% Yihai Kerry Arawana Holdings Co.Ltd(300999) morning, the share price fell slightly.
Weibo was listed in the “pre delisting list” and its share price fell
On Wednesday (March 23 local time), the securities and Exchange Commission (SEC) added Weibo Corporation to its “pre delisting list”, making it the sixth company on the list. These companies may face the risk of delisting.
Weibo needs to provide evidence to the sec before April 13 to prove that it does not have the conditions to be delisted. If it cannot be proved, it will be included in the “confirmed delisting list”. Baiji Shenzhou, yum China, zaiding pharmaceutical, shengmei semiconductor and Hehuang pharmaceutical were included in the “pre delisting list” on March 8. They need to provide evidence to the SEC that they do not have delisting evidence on March 29.
According to the legal documents on the SEC’s official website, companies listed in the “confirmed delisting list” need to submit the documents required by the SEC within three years (calculated from the disclosure of the first annual report and 2021 as the first year). If the companies in the “delisting list” do not submit or submit documents that do not meet the requirements of the SEC, they will face immediate delisting after the disclosure of the 2023 annual report (early 2024).
After the news came out, the shares of US stocks on Weibo plunged intraday, down 7%. As of the close, Weibo fell 0.59% to $27, with a market value of $6.4 billion.
the United States re exempted 352 tariffs on Chinese imports
On the 23rd local time, the office of the US Trade Representative (USTR) issued a statement announcing the re exemption of tariffs on 352 goods imported from China. The new provisions will apply to goods imported from China between October 12, 2021 and December 31, 2022.
Last October, the office of the U.S. trade representative announced that it plans to re exempt 549 tariffs on Chinese imports and consult the public on this.
Nearly six months later, the office of the U.S. trade representative issued a statement on the 23rd confirming 352 of the 549 Chinese imports that had previously planned to be re exempted from tariffs. The office said that the US decision on that day was the result of a comprehensive public consultation and consultation with relevant US agencies.
Hong Kong stock index fluctuates less
stocks differentiated significantly
In the morning, the Hang Seng Index and Hang Seng technology index decreased further.
The Hang Seng Index fell slightly most of the morning, and then the increase narrowed. The amplitude is at a low level in recent days.
The amplitude of Hang Seng technology index was about 2%, which was also significantly lower than that in previous trading days. On March 16, the daily amplitude of Hang Seng technology index once exceeded 18%.
The differentiation of individual stocks is more obvious.
Among the constituent stocks of Hang Seng Index, Yaoming biology, Haidilao, Li Ning, China Mobile Hong Kong stocks and China United Network Communications Limited(600050) Hong Kong stocks led the gains, among which Yaoming biology and Haidilao rose more than 7%. Shunyu optical technology, Ruisheng technology and other stocks led the decline.
Among the constituent stocks of Hang Seng technology index, BiliBili SW rose by more than 8% during the session, and reading group and Wanguo data SW rose sharply.
Jinshan software once fell sharply by more than 8%.
Tencent holdings fell significantly, falling more than 3% in the session.
According to the 2021 financial data released by Tencent holdings on the 23rd, under the international financial reporting standards, the profit attributable to equity holders of the company was 224822 billion yuan, a year-on-year increase of 41%. However, under non international financial reporting standards, Tencent equity holders should account for a profit of 123788 billion yuan (non IFRS), an increase of only 1% year-on-year, the lowest increase in recent ten years; Under non international financial reporting standards, the profit attributable to equity holders of the company in the fourth quarter was 24.88 billion yuan (non IFRS), a year-on-year decrease of 25%. This is the second consecutive quarter of negative growth in Tencent’s net profit in a single quarter following a 2% decline in net profit in the third quarter under non international financial reporting standards.
