Brief description of panel
On Thursday, A-Shares rose in shock, the Shanghai and Shenzhen main board index rose by more than 1%, and the gem continued to bottom. On the disk, coal, wine making, medical devices, real estate, chemical fertilizer, automobile, securities, food and beverage, steel, semiconductor and other industries led the rise; Logistics, wind power, shipping ports, lithium batteries, photovoltaic, games and other industries made a slight correction. In terms of subject stock, COVID-19 testing, Baijiu, medical beauty, super brand, Helicobacter pylori and CRO were among the top gainers. Unified large market, blade battery, diamond cultivation, express concept, virtual power plant and other small callback.
Message side
Timely use of RRR reduction and other monetary policy tools! Support the consumption of new energy vehicles
According to Xinhua news agency, Premier Li Keqiang chaired an executive meeting of the State Council on April 13 to deploy policies and measures to promote consumption, help stabilize the economic fundamentals and ensure the improvement of people’s livelihood; Decided to further strengthen policy support such as export tax rebate to promote the steady development of foreign trade; Determine measures to increase financial support for the real economy and guide market players to reduce financing costs.
Ministry of industry and information technology: support qualified industrial Internet enterprises to be listed
According to the Ministry of industry and information technology on April 13, the Ministry of industry and information technology recently issued the 2022 work plan of the industrial Internet special working group. In terms of broadening the source of funds, the plan proposes to support qualified industrial Internet enterprises to issue securities for the first time, list at the basic level and innovation level of the national share transfer system, and refinance through additional issuance, allotment of shares, convertible bonds and other means.
The international oil price returns to the top of $100, and the follow-up trend of institutional disputes
After a period of high retreat, international oil prices have recently returned to the upward trend. On April 12 local time, NYMEX’s may light crude oil futures closed up 7.1% to US $100.98/barrel, returning to above US $100 for the first time since April 5; Brent crude oil futures in June closed up 6.55% to US $104.93/barrel, the largest increase this month.
Jufeng view
Pre market judgment: after yesterday’s trading, good news came to A-Shares again. The national Standing Committee issued a voice to timely use monetary policy tools such as RRR reduction to support the consumption of new energy vehicles; The Ministry of industry and information technology supports the listing of qualified industrial Internet enterprises, which forms a positive stimulus for theme stocks such as new energy vehicles, 5g and industrial Internet. In addition, the collective closing of U.S. stocks overnight led the rise of new energy vehicles and aviation stocks. It is expected that A-Shares will fluctuate upward on Thursday, and track stocks that continue to oversold are expected to rebound.
The three major A-share indexes collectively opened higher, with the Shanghai index opening higher by 0.53%, the Shenzhen Composite Index opening higher by 0.82%, and the gem index opening higher by 1.15%. New energy vehicles, industrial Internet and other gains stimulated by favorable conditions were among the top; Agriculture, tourism, shipping and other sectors made up for the decline.
After the opening, the sectors such as automobile, wine making, medicine, covid-19 testing, real estate, coal and securities performed strongly, pushing the Shanghai Stock Index upward; Track stocks such as photovoltaic, wind power, lithium battery and semiconductor continued to adjust, and the gem index opened high and went low. In the morning trading, the securities sector pulled up and protected the market for many times, stabilizing market confidence to a certain extent. The Chongqing Zhifei Biological Products Co.Ltd(300122) tumbled 18% in early trading, which dragged down the gem index to a new low.
In the afternoon, the rise of coal, wine and real estate sectors expanded, and the Shanghai Composite Index rose again. The semiconductor sector stopped falling and picked up. The Naura Technology Group Co.Ltd(002371) limit led to the recovery of some track stocks, and the gem index stopped falling and picked up. At present, technology stocks are still bottoming, and the market bottom of the gem index is still unclear. In view of the fact that the market trading volume has not been enlarged, which means that the capital is still dominated by the on-site flow, and there is no incremental capital entering the market, and the pattern of market box shock will not be broken.
Investment advice: at present, the main factors that suppress the sentiment of A-share investors have changed. From the situation in Ukraine in the early stage, the Fed’s interest rate increase to the epidemic in China and the slowdown of economic growth, the steady growth policy will provide support for A-share. The market has just made a second bottom. From the perspective of market style, blue chips that underestimate low prices still have prominent defensive attributes, while growth stocks that overestimate high prices are still unstable factors in the market. A-share box shock can focus on three main lines of bargain hunting: first, companies whose quarterly growth exceeded expectations; Second, new and old infrastructure benefiting from steady growth; Third, aviation, airport, tourism and other sectors facing the inflection point in the post epidemic era. For some of the sectors that have risen sharply, they can be cashed at high prices.
