On Thursday, the three major A-share indexes fluctuated and fell by more than 1%. As of the close, the Shanghai Composite Index closed at 323670 points, down 1.42%; The Shenzhen Component Index fell 1.65% and the gem index fell 2.10%.
On the disk, Shenwan industry generally fell, and only the coal sector rose against the trend. Track stocks such as new energy vehicles continued to make deep adjustments, the stock price of Contemporary Amperex Technology Co.Limited(300750) fell below the 500 yuan mark, and Eve Energy Co.Ltd(300014) , Qingdao Tgood Electric Co.Ltd(300001) and others fell one after another. Recent hot sectors such as real estate stocks and anti epidemic concept stocks have also stalled, and the mood of short-term funds has cooled significantly.
Yesterday, the coal sector led the two cities, with Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) rising by more than 6%, followed by Henan Dayou Energy Co.Ltd(600403) , Shanxi Coking Co.Ltd(600740) , Shanxi Coal International Energy Group Co.Ltd(600546) and others. Data show that as of April 7, the coal sector has increased by more than 20% this year, ranking in the forefront of Shenwan primary industry.
Recently, a number of coal enterprises have announced their annual reports and dividend plans for 2021, and most leading enterprises have high proportion dividend plans. Among them, China Shenhua Energy Company Limited(601088) 2021 achieved a net profit of 50.269 billion yuan, an increase of 28.3%, a record high. Meanwhile, the company plans to distribute a cash dividend of 25.4 yuan (including tax) for every 10 shares.
Cinda Securities said that at present, it is in the early stage of a new round of upward cycle of coal economy, and there is resonance among policy, industry and company factors. Capital Securities believes that under the background of China’s “steady growth” and overseas economic recovery, the demand elasticity driven by downstream steel enterprises will increase, coking coal will maintain a high outlook, and high-quality coking coal enterprises will continue to benefit. It is suggested to increase the allocation proportion of targets with rich coking coal resources.
After soaring for several consecutive days, the real estate sector cooled down collectively yesterday China International Capital Corporation Limited(601995) said that in the short term, the dominant logic of real estate stocks is still based on game. It is suggested that investors continue to embrace “all good” high-quality developers before observing the launch of key policies and measures. In the future, if there are positive changes in policies, the certainty of “high elasticity” private enterprise valuation repair opportunities will be greatly improved.
In addition, the anti epidemic concept stocks that were keen on short-term funds yesterday were also significantly differentiated. Among them, Ningbo Menovo Pharmaceutical Co.Ltd(603538) , Guilin Layn Natural Ingredients Corp(002166) and other stocks fell by the limit, Realcan Pharmaceutical Group Co.Ltd(002589) even staged the “sky floor” trend, which was firmly sealed at the limit at the end of the trading Realcan Pharmaceutical Group Co.Ltd(002589) after hours trading data revealed that the first and second business departments of Lhasa East Ring Road, China stock market news, the “retail investor base”, appeared on the buying side one after another, and the selling seats included well-known hot money seats such as Caitong Securities Co.Ltd(601108) Hangzhou Shangtang Road business department.
Looking forward to the future, the institutions are generally optimistic Everbright Securities Company Limited(601788) 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, the first quarterly performance is still the supporting factor of the market; On the other hand, policy and other factors will also promote the repair of risk appetite.
Cheng Tao, general manager of Xiangcai fund, Xiangcai Changshun and Xiangcai Changyuan fund managers, said that after the market fell, there were more and more high-quality stocks with high risk return ratio. At the current time point, the rebound market may be imminent, and the market winners will certainly belong to the optimists. Investors should look at short-term fluctuations from a long-term perspective and bargain hunting the layout of high winning stock assets.
