Today (January 13), the Shanghai and Shenzhen stock markets opened high across the board, fell sharply at the beginning of trading, and the stock index was sorted out in the green market in the morning; With the financial stocks falling sharply, Baijiu stocks dived and the afternoon index further descended.
As of the day’s close of Shanghai and Shenzhen stock markets, the Shanghai index fell 1.17% to 3555.26 points; The Shenzhen Component Index fell 1.96% to 14138.34 points; The gem index fell 1.71% to 3083.14.
From the disk point of view, the industry and concept plates fell more or rose less, and the local profit-making effect is general. In terms of industry, tourism, hotels, precious metals, coal, commercial department stores, banking and other industries led the increase, while traditional Chinese medicine, wine making, wind power and other industries led the decline. In terms of theme stocks, the concept of prefabricated dishes, digital currency, aquaculture and RCS led the rise, while virtual power plants, lithium extraction from salt lakes, hair medicine and electronic cigarettes made a slight correction.
In terms of capital, the central bank announced on January 13 that in order to maintain the reasonable and abundant liquidity of the banking system, the people’s Bank of China carried out RMB 10 billion reverse repurchase operation by means of interest rate bidding on January 13, 2022, and the bid winning interest rate was 2.20%. Today, the RMB 10 billion reverse repurchase expires, so zero delivery and zero return can be realized in a single day.
hot plate
Top 10 gainers in industry sector
Top 10 industry sector declines
Top 10 gainers in concept sector
Top 10 decline in concept sector
individual stock monitoring
Top 10 net inflow of main forces
Top 10 net outflow of main force
northbound funds
southbound fund
message plane
1. According to Xinhua news agency, the State Council recently issued the “14th five year plan for digital economy development”. The plan defines the guiding ideology, basic principles, development objectives, key tasks and safeguard measures to promote the healthy development of digital economy during the 14th Five Year Plan period.
2. The State Administration of Market Supervision issued the opinions on promoting the classified management of enterprise credit risk and further improving the supervision efficiency. For enterprises such as Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) new business types and new models, we should refer to the credit risk classification results, explore and implement more scientific and effective supervision and effectively plug the supervision loopholes. Strive to fully implement the classified management of enterprise credit risk in the market supervision system in about three years, effectively realize the monitoring and early warning of enterprise credit risk, and strive to find, remind and dispose of risks early. For enterprises with high credit risk, targeted and strict regulatory measures should be taken to prevent potential risks from evolving into regional and industrial prominent problems.
3. According to China Securities News, the website of the Ministry of agriculture and rural areas shows that the national planting industry development plan for the 14th five year plan has been issued recently. The plan mentioned that by 2025, the comprehensive grain production capacity will be steadily improved to ensure that the total output will remain above 1.3 trillion Jin, step up the level of 1.4 trillion Jin, and keep the bottom line of basic grain self-sufficiency and absolute safety of rations. We will strive to increase the area of oil by more than 25 million mu, and maintain a reasonable level of self-sufficiency in cotton and sugar.
4. According to China Securities News, the business management department of the people’s Bank of China recently held a 2022 working meeting in the form of offline and video. The meeting pointed out that the pilot of digital RMB Winter Olympics scenarios was steadily promoted, the full coverage of seven scenarios was realized, and three large-scale digital RMB pilot activities were carried out, with 403000 landing scenarios and a transaction amount of 9.6 billion yuan.
institutional view
For the current market, Shenwan Hongyuan Group Co.Ltd(000166) mentioned that since the index is still in a weak form, the main tone remains “shock stabilization”, but it is expected that the downward operation space is limited and the probability of rising again is high. In terms of operation, it is suggested to focus on holding shares to be increased and actively pay attention to rebound opportunities. In terms of industry, the middle line can continue to focus on national defense and military industry, electronics and non bank financial (Securities) industries, and look for investment opportunities in new energy and transportation in the short term.
Cinda Securities pointed out that the rebound after the Spring Festival. If it is an earlier year of the Spring Festival, the market is often weak before the Spring Festival and stronger after the Spring Festival, and the high point of fund issuance appears after the Spring Festival. If it is a year later than the Spring Festival, it is often stronger before the festival than after the festival (except 2015), and the high point of fund issuance appears earlier.
The reason may be that the year-end bonus payment and fund sales rhythm of various industries will be affected by the Spring Festival. If this law holds, it means that tactically, if you expect a strong rebound, the probability will wait after the Spring Festival. Strategically, for most of 2022, A-share roe will be in the decline cycle. In the profit decline cycle, the strength of the stock market depends on Residents’ incremental funds and steady growth policies. We believe that 2022 will be a compressed version of 2018-2019. The first half of the year will be similar to 2018 and the second half will be similar to 2019.
According to Anxin securities, “intelligence” is the preferred industrial track direction for A-Shares in 2022. We took the lead in proposing the “one body and two wings” layout of the intelligent industrial track, with the intelligent automobile industry chain as the main body, intelligent manufacturing equipment (military industry chain, AR / VR, intelligent numerical control, industry Siasun Robot&Automation Co.Ltd(300024) ) and digital economy (network security, digital twin (including meta universe) Industrial Internet) has two wings.
In terms of operation strategy, Caixin securities judges that the A-share market can still achieve positive returns in the first quarter of 2022, but the index performance may not be as good as that in 2021, and there is a structural market. We recommend focusing on high growth tracks with performance certainty.
Recommended configuration: (1) carbon neutralization theme. Nowadays, China is fully promoting the goal of “carbon neutralization”. Clean energy such as scenery is accelerating to replace traditional energy. We can pay attention to new energy, energy storage, energy conservation and environmental protection.
(2) new economic theme. High end technology manufacturing industry may be an important driving force for future economic growth. It is suggested to focus on chip semiconductors with accelerated domestic substitution and rapid industry growth, high-end intelligent manufacturing, etc.
(3) emerging consumption themes. At present, China’s PPI is at a high level and CPI rises slowly. The subsequent scissors difference between the two is expected to converge, and the industrial profits will shift from the upstream to the middle and downstream. It is expected that there will be some opportunities in the consumer sector. It is suggested to continue to pay attention to the food, beverage and household appliances sectors.
(4) theme of epidemic damage. With the further improvement of vaccination rates in developing countries such as Africa, Mexico and Brazil, the global epidemic is expected to be further controlled. There is a valuation and repair power in the epidemic damaged plate, which can be paid attention to: aviation, airports, tourism, hotels, cinemas, etc.
