Market trend:
The large and small indexes made a collective correction today. The Shanghai index rebounded after opening low, and once rose and turned red in the afternoon. The gem index was relatively weak, falling more than 2% in the session. On the disk, coal stocks continued to rise in the afternoon, Shanxi Coal International Energy Group Co.Ltd(600546) , Pingdingshan Tianan Coal Mining Co.Ltd(601666) and other daily limits, Jizhong Energy Resources Co.Ltd(000937) , Shanxi Lu’An Environmental Energydev.Co.Ltd(601699) and others rose by more than 6%, and China Shenhua Energy Company Limited(601088) continued to rise, with a total market value of 630 billion. Metal lead and zinc sectors rose, and Jinhui shares rose by the limit, Zijin Mining Group Company Limited(601899) up more than 7%. Stocks fell more or rose less, more than 3700 shares in the two cities floated green, and many stocks in the real estate and logistics sector fluctuated sharply. The turnover of Shanghai and Shenzhen stock markets today was 873.4 billion.
In terms of sectors, we will focus on tracking three sectors today:
First, the logistics sector continued to strengthen, Jiangsu Xinning Modern Logistics Co.Ltd(300013) 20cm limit, Jiangsu Wanlin Modern Logistics Co.Ltd(603117) , Zhangjiagang Freetrade Science & Technology Group Co.Ltd(600794) , Y.U.D.Yangtze River Investment Industry Co.Ltd(600119) , China Railway Materials Company Limited(000927) , Beijing Changjiu Logistics Corp(603569) , etc. According to the news, the Ministry of transport, the State Railway Administration, the Civil Aviation Administration of China, the State Post Office and China National Railway Group Co., Ltd. recently jointly issued the implementation opinions on accelerating the high-quality development of cold chain logistics and transportation to improve the network of production and marketing cold chain transportation facilities. The sector’s recent increase is too large to catch up. Second, the metal lead and zinc sectors rose, and Jinhui shares rose by the limit, Zijin Mining Group Company Limited(601899) . Anxin Securities pointed out that in terms of industrial metals, the impact of the epidemic on the demand side is greater than that on the production side, the accumulation of reservoirs is obvious, and the commencement of relevant downstream enterprises is limited. In the later stage, with the mitigation of the epidemic or entering the destocking cycle. Third, the industrial Internet sector. The Ministry of industry and information technology issued the 2022 work plan of the industrial Internet special working group, which proposed to accelerate the construction of high-performance, high reliability, high flexibility and high security enterprise extranets. We will continue to organize special projects for the construction of new infrastructure and accelerate the development of 5g network and other new infrastructure. Promote the acceptance of high-quality external network projects of China Telecom Corporation Limited(601728) , China Mobile and China United Network Communications Limited(600050) industrial Internet innovation and development project, and improve the access and service capacity of industrial enterprises and industrial parks. The industrial Internet sector has significantly oversold recently, and the market outlook is expected to usher in a rebound under the policy boost.
Outlook:
Stocks in the two cities generally fell, while cyclical stocks rose against the market. The US CPI data last night and the UK CPI data today exceeded expectations. The price of large commodities denominated in US dollars has risen, and China’s imported inflation pressure is high. The recent performance of technology stocks has remained sluggish, and the market risk appetite is still low at this stage; Boosting confidence through policies in the future is the key.
