On Monday, the market continued to show weak adjustment, and the industries and themes of the two cities reappeared differentiation. From the disk, the cycle and today’s industry are active, and there are divisions in the technology and consumption sectors. The intraday rise of financial stocks drives the stock index to rebound. In the short term, there are repeated market adjustments, and the adjustment cycle is expected to rise. Under the rotation and differentiation of the sectors, the market sentiment will continue to be cautious. Under the weak pattern, it is recommended that investors control their positions and seek phased low absorption opportunities after the market stabilizes or the upward trend is clear. Which sectors performed better in today’s session? We can briefly review them.
1, coal industry is partially active, and the market for high-quality targets is stronger
From the face of the disk, the coal sector in the disk is partially active, and the coal sector in the disk is partially active, with China Shenhua Energy Company Limited(601088) \ and other coal stocks fell slightly in the session due to the impact of market adjustment, and the coal sector showed mixed gains and losses in the session.
the substantial growth of China Shenhua Energy Company Limited(601088) annual report and the high proportion of dividends triggered a stir in the market. According to the information disclosed in the annual report, the company achieved an operating revenue of 335216 billion yuan in 2021, a year-on-year increase of 43.7%; The net profit attributable to the shareholders of the company was 50.269 billion yuan, a year-on-year increase of 28.3%; The basic earnings per share is 2.53 yuan. The company continues to practice high dividends, and plans to “pay 25.4 yuan for 10” to all shareholders and distribute 50.466 billion yuan in cash dividends, accounting for 100.4% of the shareholders’ net profit in 2021. The scale of cash dividends reaches a new high.
In the short term, coal prices continued to maintain a high level, the performance of listed companies increased significantly, and the dividends of some enterprises exceeded expectations. The coal sector ushered in a short-term catalytic rise. However, in view of the recent weakening of the overall market performance, the market is still dominated by structural opportunities. Therefore, it is suggested to focus on short-term opportunities. It is suggested to pay attention to the leading enterprises with higher than expected performance growth and obvious valuation advantages in the industry sector, anthracite and metallurgical coal enterprises with flexible average sales price and performance, Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) , Yankuang energy, Shanxi Lu’An Environmental Energydev.Co.Ltd(601699) , Pingdingshan Tianan Coal Mining Co.Ltd(601666) and Shaanxi Coal Industry Company Limited(601225) , China Shenhua Energy Company Limited(601088) , power investment energy.
2, vaccine prevention and control capacity was improved, the recovery expectation of the tourism industry was enhanced, and the speculation market in the tourism sector rebounded
From the perspective of the face, from the perspective of the disk, the hard end of the Lijiang Yulong Tourism Co.Ltd(002033) and other tourism stocks rose and strengthened in the session.
In March 15th, the national health and Health Committee released the New Coronavirus pneumonia diagnosis and treatment plan (trial version ninth). The newly issued COVID-19 virus diagnosis and treatment plan reflects the current state’s further improvement in epidemic prevention and control and epidemic treatment. At present, the travel restrictions caused by the scattered recurrence of local epidemic have a great impact on the consumption scenes of tourism, duty-free, hotel, catering and other industries. With the dynamic adjustment of epidemic prevention policies, the follow-up prevention and control and travel restrictions are expected to be further relaxed. At the same time, the national policy level will give major support to the development of the industry, and the “14th five year plan” for the development of tourism industry proposes to start inbound tourism in time on the premise of ensuring epidemic prevention safety by 2025. With the support and effective boost of relevant policies, the tourism industry is expected to usher in a recovery period of the industry.
With the continuous increase of China’s vaccine coverage, the recovery of the tourism industry is expected to bring about the recovery of the tourism market. In terms of investment opportunities, it is recommended to pay attention to the high-quality targets with large performance flexibility and long-term investment value in the industry, and focus on the long-term rising volume and price of performance leaders Songcheng Performance Development Co.Ltd(300144) , scarce private leisure scenic spots, and Jiangsu Tianmu Lake Tourism Co.Ltd(603136) , benefiting from the booming demand for peripheral tourism and opening up the stock growth space; Pay attention to Fosun tourism culture, Yunnan Tourism Co.Ltd(002059) , Guilin Tourism Corporation Limited(000978) , Huangshan Tourism Development Co.Ltd(600054) , Emeishan and other companies.
3, some cities lowered the interest rate of the first house loan, the short-term recovery of the real estate industry achieved results, and the real estate stocks continued to show local strength today
From the face of the disk, from the face of the disk, it is seen from the face of the disk, Tianjin Realty Development (Group) Co.Ltd(600322) individualstocks: the strong rise of some individual stocks in the session led to the activity of the whole real estate sector, Tahoe Group Co.Ltd(000732) , Yango Group Co.Ltd(000671) , Metro Land Corporation Ltd(600683) , Guangzhou Pearl River Industrial Development Co.Ltd(600684) Langold Real Estate Co.Ltd(002305) and other real estate stocks also showed a strong market.
Since March, the mortgage interest rates in many places have been generally reduced. At present, the loan interest rate of the first house of second-hand houses has been lower than 5% in Shanghai, Shenzhen, Harbin, Suzhou and other places. Harbin has also lowered the loan interest rate of the first house of newly signed new houses and second-hand houses since March 23, from 4.95% and 5.05% to 4.75% and 4.85% respectively.
Under the steady growth policy, the real estate deregulation policy has been continuously released, the credit interest rate has been lowered, and the administrative policy has been further relaxed. The real estate industry has ushered in a fundamental recovery, the performance of listed companies is also expected to usher in an improvement in performance, and structural repair opportunities are expected to usher in when the sector valuation is relatively low.
The pattern of market weakness continued, and structural adjustment reappeared in the short term. The recent continuous adjustment of the market led to the differentiation of the sector, and the defensive sentiment of the two cities increased. At present, the industries in the two cities are locally active and rotating, the intraday cycle and financial sector are resistant to decline, the consumption and science and technology sectors are divided, the agricultural theme is structurally rotating, and the science and technology theme is falling. This differentiation pattern is expected to continue in the short term. In the short term, the weak market adjustment and sector rotation have increased the difficulty of short-term market participation, and the overall market sentiment is cautious. At present, the market adjustment cycle is lengthened, and there is still the possibility of repeated shock adjustment in the short term. In the current weak situation, it is recommended that investors control their positions and seek phased investment opportunities after the market stabilizes. In the later stage, we can pay attention to the opportunities of rotation in finance, real estate, medicine, agriculture and cyclical industries, and the opportunities of substantial pre increase of individual stocks in the first quarter.
