This week, the popularity of companies related to real estate and infrastructure industry chain soared. The main businesses of the most bullish stocks involve decoration, infrastructure project delivery, cement, steel, etc.
Affected by the expected tightening of liquidity in the peripheral market, all A-Shares closed negative again this week. The Shanghai Composite Index, Shenzhen Component Index and gem index closed down respectively. 0.94%, 2.2% and 3.64%. Considering that there are actually only three trading days this week, the so-called shrinkage of transaction amount compared with last week is still within expectations.
this week’s steady growth sector is still the most beautiful
The “timely and flexible use of refinancing and other monetary policy tools” mentioned at the national regular meeting and the signs of continuous deregulation of the property market in major cities have further strengthened the market’s expectation of steady growth in addition to the continued strength of real estate last week, the heat of real estate related industrial chain and large infrastructure construction is rising again Shenzhen Strongteam Decoration Engineering Co.Ltd(002989) providing residential fine decoration services increased by 33.14%, and Xinjiang Beixin Road & Bridge Group Co.Ltd(002307) infrastructure construction company increased by 33.09%. In addition to decoration and construction, iron and steel ( Xinjiang Ba Yi Iron & Steel Co.Ltd(600581) , up 33.05%) and cement ( Hainan Ruize New Building Material Co.Ltd(002596) , up 32.97%) also performed well this week.
the worst stock this week is Anhui Xinli Finance Co.Ltd(600318) , and its restructuring plan with BIC battery has been terminated by the listed company affected by this news, the company has suffered four consecutive limit declines since the resumption of trading on April 1. This week’s decline was 27.09%, and the share price has fallen back to the level of 2020.
capital inflow also confirms the market’s expectation of steady growth China State Construction Engineering Corporation Limited(601668) , Sany Heavy Industry Co.Ltd(600031) , Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) received net capital inflows of RMB 2.14 billion, RMB 1.53 billion and RMB 827 million respectively. In favor of large market capitalization companies last week, the main funds this week have a special preference for steady growth and upstream raw materials.
