panel overview
In early trading on Thursday, A-Shares differentiated, the Shanghai index consolidated above 3200, and the gem opened high and went low. On the disk, wine making, medical devices, automobiles, securities, traditional Chinese medicine, airports, coal, real estate, food and beverage, public utilities, tourism hotels, beauty care, decoration building materials and other industries led the rise; Photovoltaic, wind power, batteries, semiconductors, shipping ports, ships and other industries made a slight correction. In terms of subject shares, Baijiu, COVID-19 testing, medical beauty, broadcasting and TV, beer concept and super brand were among the top gainers. Blade battery, cultivation diamond, hit battery, express concept, virtual power plant and other small callback.
message surface
timely use monetary policy tools such as RRR reduction! 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.
international oil price returns to above US $100, follow-up trend of institutional dispute
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 viewpoint
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. Recently, we have repeatedly stressed that the hope of stopping the decline in the market is still on technology stocks and track stocks. Relying on defensive sectors such as banking, securities, real estate, agriculture, coal and steel, we pushed up the Shanghai stock index, and the willingness of OTC funds to enter the market is low. At present, this judgment is still true. In early trading, the securities business sector has pulled up and protected the market for many times. If it can last until the closing, it will play a certain role in boosting market confidence. The Chongqing Zhifei Biological Products Co.Ltd(300122) tumbled 18% in early trading, which dragged down the gem index to a new low.
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.
