panel overview
On Tuesday, A-Shares rose and fell, led by the gem. On the disk, chemical fertilizer, mining, pesticide and veterinary medicine, coal, agriculture, animal husbandry, feeding and fishing, petroleum, gas, chemical raw materials, steel, railway and highway, non-ferrous metals, power equipment, electric power and other industries led the increase; Semiconductor, medical services, biological products, medical devices, precious metals, auto parts, commercial department stores, cement and building materials, insurance, logistics and other industries led the decline. In terms of subject stocks, glyphosate, locust control, transgenic, aquaculture, chicken concept, pork concept, phosphorus chemical industry, ecological agriculture, chemical raw materials, etc. led the increase; Cro, unified market, automobile chips, underground pipe network, covid-19 detection, gallium nitride, lidar and other industries led the decline.
message surface
first quarter GDP increased by 4.8% year-on-year, and the national economy started smoothly
According to preliminary accounting, China's GDP in the first quarter was 270178 billion yuan, a year-on-year increase of 4.8% at constant prices, and a month on month increase of 1.3% over the fourth quarter of 2021. By industry, the added value of the primary industry was 1095.4 billion yuan, a year-on-year increase of 6.0%; The added value of the secondary industry was 106187 billion yuan, an increase of 5.8%; The added value of the tertiary industry was 153037 billion yuan, an increase of 4.0%.
many places moderately liberalize the purchase and sales restrictions, and the downward trend of real estate sales will be alleviated
In response to the future trend of the real estate market, the spokesman of the National Bureau of Statistics said that although the current real estate sales are still declining, the decline in real estate sales in some areas is narrowing with the moderate liberalization of purchase and sales restrictions in many places and the reduction of the threshold for the use of provident fund. With the improvement of the long-term mechanism of real estate and actively meeting the demand for real estate housing, the downward trend of national real estate sales will be alleviated.
is the sixth wave breaking in history coming? The breaking rate of new shares in April exceeded 80%
The breaking rate of new shares listed in April is increasing. As of April 18, more than 80% of the 13 new shares listed in the month have broken. The seven new shares listed on the science and innovation board and gem last week (April 11-15, the same below) have all broken, and anda intelligence, Guanlong energy saving and C Junxin, which are the top losers, have all fallen by more than 20% in just a few trading days.
Jufeng viewpoint
In early Tuesday trading, track stocks such as photovoltaic, wind power, lithium battery and motor continued to rebound, while the semiconductor sector led the decline due to the Will Semiconductor Co.Ltd.Shanghai(603501) limit. In addition, the cro sector performed poorly, and the gem index fell by more than 1%. The Shanghai Stock Index repeatedly saw around 3200 points due to sector rotation. Specifically, agriculture, chemical fertilizer, coal, steel, oil and other sectors rose, but insurance, shipping, decoration and other sectors fell.
Pork, photovoltaic, semiconductor, medical devices, biological products, auto parts, covid-19 treatment and other sectors fell, the Shanghai index fell, and the gem will swallow all the gains on Monday; Near the end of trading, the growth of chemical fertilizer, mining, oil and gas expanded, and the Shanghai index stopped falling and rebounded. Combined with the trend of Monday and Tuesday, there was differentiation within the track stocks. The auto, integrated circuit, equipment manufacturing, medicine and biology and other sectors, stimulated by the good return to work and production, turned down again, and the market bottom was still not confirmed.
investment suggestions: at present, the factors that suppress the sentiment of A-share investors are still geopolitics, the contraction of the US dollar, China's epidemic and other factors. The steady growth policy will provide support for A-shares the central bank announced a 0.25% reduction in the reserve requirement, which was widely interpreted as lower than expected by the market. However, Shanghai announced to orderly promote the resumption of work and production of enterprises, weakening the recent panic of a shares; The lower than expected GDP in the first quarter strengthened the expectation of steady growth, so the market is still difficult to break the pattern of box shock the market bottomed again. From the perspective of market style, blue chips that underestimated the low price made up for the decline, and growth stocks that overestimated the high price oversold and rebounded medium term bargain hunting can focus on three main lines: 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.
