On January 11, the three major A-share indexes collectively closed down. According to wind data, as of the close, the Shanghai Composite Index fell 0.73% to 3567.44 points; The Shenzhen Component Index fell 1.27% to 14223.35 points; The gem index fell 1.28% to 3056.15, falling for seven consecutive trading days.
On the disk, the automobile, semiconductor, agriculture, military industry and new energy sectors collectively weakened. Real estate and banking stocks generally rose, China Vanke Co.Ltd(000002) , Poly Developments And Holdings Group Co.Ltd(600048) , China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) , Industrial Bank Co.Ltd(601166) became popular one after another. Chinese medicine stocks were active again, Dong-E-E-Jiao Co.Ltd(000423) , Guangdong Zhongsheng Pharmaceutical Co.Ltd(002317) and other trading limits. Soda ash, phosphorus chemical industry and the concept of three children have made a strong impact.
Among the Shenwan industry sectors, banking, medicine and biology, textile and clothing and other sectors led the increase; Defense and military industry, agriculture, forestry, animal husbandry and fishery, electronics and other sectors led the decline.
Among the concept plates, phosphorus chemical industry, Lianban, blood products and other concept plates led the increase; Chicken industry, today’s headline platform, digital currency and other concept sectors led the decline.
Huatai Securities Co.Ltd(601688) believes that the fundamentals of listed banks are expected to continue to improve. Since mid December 2021, funds have been flowing from the high valuation sector to the low valuation sector, and the market style has changed. At present, the allocation value of the banking sector is high, so it is recommended to pay attention to the repair opportunities of the sector.
(source: China Securities Journal · China Securities Network)
