In early trading on Friday, the three major A-share indexes rebounded from the bottom. As of the noon closing, the Shanghai index fell 0.06%, the Shenzhen composite index fell 0.38%, and the gem index was flat.
On the disk, the infrastructure sector rose strongly, setting off a limit tide in the sector. Phosphorus chemical industry and precious metals also led the increase, while agriculture, forestry, animal husbandry and fishery, computer and other sectors fell. In addition, the current disclosure of annual reports and first quarter reports of listed companies is in full swing, and funds have also focused on individual stocks and sectors with high performance growth.
capital construction sector set off a rising tide
In early trading, the infrastructure industry chain led the rise sharply. In the architectural decoration sector, Hualan Group Co.Ltd(301027) 20% limit, Hangzhou Landscape Architecture Design Institute Co.Ltd(300649) more than 11%, and Zhongyan Technology Co.Ltd(003001) , China Zhonghua Geotechnical Engineering Group Co.Ltd(002542) , etc. followed.
Hong Kong stocks and infrastructure stocks also strengthened one after another. As of press time, China Railway Group Limited(601390) rose by more than 6%, while China Railway Construction Corporation Limited(601186) , China State Construction Engineering Corporation Limited(601668) international and others followed suit China Railway Group Limited(601390) announced yesterday that the newly signed contract amount in the first quarter was 605.74 billion yuan, an increase of 84% year-on-year. Among them, the newly signed contract amount of infrastructure construction business was 543.45 billion yuan, a year-on-year increase of 94.1%.
Guotai Junan Securities Co.Ltd(601211) believes that benefiting from steady growth and accelerating the overweight, infrastructure investment will accelerate the jump after the epidemic eases into the peak season. During the period of steady growth, the orders and performance of infrastructure leaders have accelerated, and the competitive advantage of market expansion leaders is strong, and the performance is expected to exceed expectations.
According to the statistics of Everbright Securities Company Limited(601788) Research Institute, as of March 31, 24 provinces and cities have disclosed the construction plans of major projects in 2022, involving an annual investment scale of 12.7 trillion yuan. Among them, 11 provinces and cities disclosed the specific investment direction, and the proportion of investment in infrastructure projects was 47%. This means that many places have prepared a large proportion of major infrastructure projects for the whole year.
first quarterly report starts
Yesterday, the leader of wind power equipment Ming Yang Smart Energy Group Limited(601615) released the announcement of pre increase of performance in the first quarter of 2022. The company expects the net profit to increase by 408.02% to 505.72% year-on-year. On April 8, Ming Yang Smart Energy Group Limited(601615) opened significantly higher. As of press time, the stock had reached the limit.
The outstanding performance also led to the rise of chemical fertilizer concept stock Yunnan Yuntianhua Co.Ltd(600096) . On the evening of April 6, the company expects the net profit in the first quarter of 2022 to increase by 185.2% year-on-year. Since then, the share price has risen for two consecutive days. As of noon today, Yunnan Yuntianhua Co.Ltd(600096) rose nearly 8%.
According to the data, as of April 7, 242 A-share listed companies had disclosed the performance forecast for the first quarter of 2022, and 139 companies were pleased, with a pre increase rate of 57%. Based on the lower limit of net profit growth, there were 72 companies whose net profit increased by more than 100% year-on-year in the first quarter of this year.
Anxin Securities said that the performance in the first quarter of 2022 may continue to exceed expectations, including lithium, shipping, non-ferrous metals (nickel, cobalt, gold, etc.), fuel cells, semiconductor equipment, nuclear power, fluorine chemical industry, potassium fertilizer, discrete devices, gold, power coal, etc.
Everbright Securities Company Limited(601788) strategy team believes that the first quarterly report may become a watershed in the market. The market may have a relatively positive performance in April. On the one hand, quarterly results are still the supporting factor of the market, on the other hand, policies and other factors will also promote the repair of risk appetite.
