Today (April 19), A-Shares reproduce the differentiation pattern. The opening price of Shanghai and Shenzhen stock markets was mixed. The gem index rose and fell, and then went all the way down, while the Shanghai index showed relative resistance to decline and remained volatile near yesterday’s closing point; In the afternoon, all three major indexes plunged downward, the Shanghai index struggled to pull back in the late trading, while the gem index continued the callback trend.
As of the close of Shanghai and Shenzhen stock markets all day, the Shanghai index fell 0.05% to 319403 points; The Shenzhen composite index fell 0.50% to 1163332 points; The gem index fell 1.38% to 245355.
From the disk point of view, the light index heavy stock market continues, and the local profit-making effect still exists. In terms of industries, chemical fertilizer, mining, pesticide and veterinary medicine, agriculture, animal husbandry, feeding and fishing, oil, gas, steel, power supply equipment and other industries led the increase; In terms of subject stocks, glyphosate, genetically modified, aquaculture, chicken concept, pork concept, phosphorus chemical industry, chemical raw materials and other gains were higher.
In terms of funds, the central bank announced on April 19 that in order to maintain the reasonable and abundant liquidity of the banking system, the people’s Bank of China launched a 10 billion yuan reverse repurchase operation by means of interest rate bidding on April 19, 2022, with a bid winning interest rate of 2.1%. As 20 billion yuan of reverse repo expired today, the people’s Bank of China realized a net withdrawal of 10 billion yuan in the open market today.
hot sector
Top 10 gainers in industry sector
Top 10 industry sector declines
Top 10 gainers in concept sector
Top 10 decline in concept sector
individual shares monitoring
Top 10 net inflow of main forces
Top 10 net outflow of main force
northbound funds
southbound funds
message surface
1. According to the news client of China Central Television, on April 19, the State Information Office held a press conference. Peng Huagang, secretary general and spokesman of the state owned assets supervision and Administration Commission of the State Council, introduced the economic operation of central enterprises in the first quarter of 2022. Peng Huagang introduced that in the first quarter, central enterprises achieved a cumulative operating income of 9 trillion yuan, a year-on-year increase of 15.4%, a net profit of 472.33 billion yuan, a year-on-year increase of 13.7%, taxes paid 734.8 billion yuan, a year-on-year increase of 20.9%, and the cumulative investment in fixed assets (excluding real estate) was 519.4 billion yuan, a year-on-year increase of 4.6%. It should be said that in the first quarter, the economic benefits of central enterprises increased steadily and the operation quality continued to improve. At the same time, central enterprises have actively served the national strategy, actively fulfilled their social responsibilities and made important contributions to economic and social development.
2. According to China Securities News, on April 19, Meng Wei, spokesman of the national development and Reform Commission, said at a press conference that the next step would be to promote the introduction of policy documents to further release consumption potential and promote the sustainable recovery of consumption, strive to stabilize current consumption and take comprehensive measures to release consumption potential. We will implement relief and support measures for food and beverage, retail, tourism, civil aviation, highway, waterway and railway transportation and other special industries, encourage local governments to increase assistance and stabilize more players in the consumer service market. We should expand consumption in key areas, continue to support the consumption of new energy vehicles, and encourage local governments to carry out green smart appliances to the countryside and trade the old for the new. We should promote new consumption, promote the deep integration of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) consumption, and cultivate and expand new consumption formats. We should tap the consumption potential of counties and townships and guide commercial circulation enterprises and e-commerce platforms to extend to rural areas. Guide financial institutions to enrich bulk consumer financial products.
3. According to chinanews.com, Luo Junjie, spokesman of the Ministry of industry and information technology and director of the Bureau of operation monitoring and coordination, said at the press conference on the 19th that he was ready to cultivate about 3000 “little giant” enterprises this year, driving the cultivation of about 50000 provincial specialized and new small and medium-sized enterprises, and would work with the Ministry of finance to support the high-quality development of a number of “little giant” enterprises. Luo Junjie said that at present, the identification standards of “little giant” enterprises are being improved, and it is planned to start the cultivation and identification of the fourth batch of “little giant” enterprises around May.
4. According to the report of the securities times, on April 19, Meng Wei, spokesman of the national development and Reform Commission, said that since this year, due to abundant pig production capacity and weak demand, China’s pig prices have continued to operate at a low level. In the week from April 11 to 15, the national average pig grain price ratio was 4.63:1, which was in the level-1 early warning range of excessive decline for eight consecutive weeks. In order to effectively stabilize the market price of live pigs, our committee, together with relevant departments, has continuously issued early warning information and carried out the collection and storage of central frozen pork reserves for many times. Since this year, we have listed four batches to collect and store nearly 160000 tons of reserves; All localities have also actively carried out collection and storage work. If the pig price continues to be low in the later stage, the state will continue to collect and store, guide local governments to carry out collection and storage, and promote the price to return to a reasonable range as soon as possible.
institutional views
For the current market, Central China Securities Co.Ltd(601375) pointed out that on Tuesday, the A-share market surged higher and encountered resistance, and the stock indexes of the two cities rose slightly and fell back in the morning. The popular industries such as semiconductor, automobile, wine making and electronic components, which led the rise the day before yesterday, fell across the board. The cyclical industries such as pesticide, chemical fertilizer, coal and oil rose against the trend. The Shanghai index fluctuated narrowly around 3200 points throughout the day, and the market hot spots continued to show the characteristics of frequent conversion. The trading volume of the two cities is less than 800 billion yuan, and the characteristics of the stock game remain the same.
The agency further analyzed that the current stock index is in the weak consolidation stage and faces the choice of breakthrough direction in the follow-up. Before the trend is clear, it is suggested that investors should watch more and move less, and pay close attention to the changes of policy, capital and external market. It is expected that the short-term slight consolidation of the Shanghai index is more likely, and the short-term slight shock of the gem is more likely. Investors are advised to wait and see for a while in the short term and continue to pay attention to the investment opportunities of undervalued blue chips in the middle line.
Soochow Securities Co.Ltd(601555) said that at present, the market is at the bottom stage, the trading volume has shrunk, China’s epidemic prevention and control is still severe, there is no obvious inflection point in the international geographical conflict, and the market sentiment has not recovered significantly. In terms of operation, investors can still keep low positions or empty positions to wait and see, and then choose the opportunity to intervene after there is an obvious signal of stabilization in the market.
Wanhe Securities believes that the current anxiety point of the market is still the negative impact of the epidemic on the economy. The continuation of the epidemic in Shanghai and other places has a great negative impact on economic development. In the near future, the policy is stable, and the market expectation signal is strong. In the follow-up, we can pay attention to the starting point of the steady growth policy, but the market may remain volatile due to the disturbance of the epidemic in the short term. In terms of industry, we can pay attention to industries related to the stable growth chain, such as real estate, infrastructure, etc., as well as industries related to the post cycle of real estate.
Wanlian securities mentioned that it is expected that the demand side stimulus policies aimed at boosting consumption, boosting investment and consolidating exports will be gradually introduced in late April, focusing on the implementation effect of the policies. In terms of industry allocation: 1) the infrastructure leader with rebound momentum and clear policy support under the main line of “steady growth” deserves continuous attention; 2) Upstream resource products still show the momentum of price rise, and pay attention to companies with large performance growth in relevant industrial chains.
