Market Overview
On Wednesday, the Shanghai composite index opened low and went low. On the disk, the sectors of planting, agriculture, smart government, retail and auto parts strengthened, and the sectors of oil and gas exploitation, precious metals, coal and real estate led the decline. In terms of the overall market, Contemporary Amperex Technology Co.Limited(300750) weakened, and the total market value fell back below trillion The Contemporary Amperex Technology Co.Limited(300750) decline led to the weakness of the gem, which once hit a new low in the year. Externally, the yield of 10-year US bonds hit a new high this year, and market funds may tend to risk-free assets. The US dollar index strengthened and reached a new high in half a year. The US dollar strongly siphoned global capital and became bad for high valuation assets.
Policy tracking
The Ministry of water resources encourages social capital to participate in the construction and operation of water conservancy projects
According to the financial Associated Press, vice minister Wei Shanzhong presided over the 102 key water conservancy projects in the national "14th five year plan" and the first implementation and dispatching meeting of the central water conservancy construction investment plan in 2022. Wei Shanzhong requested that relevant localities and units should pay close attention to the implementation of key water conservancy tasks in 102 major projects in the national "14th five year plan", especially the preliminary work of 55 major water conservancy projects and 6 new large-scale irrigation projects this year.
In addition, it is worth noting that a number of infrastructure policies have been implemented since this year. Under the "steady growth" policy, real estate steel is closely related to the new construction, construction and completed area of houses. With the loose margin of real estate policy, the financing environment of real estate enterprises has improved, and the data base related to real estate in the second half of 2021 is low, it is expected that the performance of real estate steel will gradually pick up. In addition, the capital construction steel has a large investment in local capital construction, and the relevant concept stocks are expected to benefit.
