On Thursday, the trend of the three major stock indexes of A-Shares was differentiated, and the Shanghai index was relatively stronger. Led by the upward trend of heavyweights, it successfully closed red. As of the close, the Shanghai Composite Index closed at 297548 points, up 0.58%; Shenzhen composite index reported 1062892 points, down 0.23%; Gem index reported 222765 points, down 1.83%. The turnover of Shanghai and Shenzhen stock markets was 840.6 billion yuan, a decrease of 77.1 billion yuan compared with the previous trading day.
coal sector strong all day
On the disk, active funds still focus on the main line of performance certainty. The coal sector was strong throughout the day, leading all Shenwan industries with an overall increase of 5.32% as of the close. Within the sector, Shaanxi Coal Industry Company Limited(601225) , China Coal Energy Company Limited(601898) and other stocks rose, China Shenhua Energy Company Limited(601088) soared by 7.73%, and the total market value exceeded 620 billion yuan.
Previously, several coal companies announced strong first quarter results: China Coal Energy Company Limited(601898) first quarter net profit increased by 93.1% year-on-year China Shenhua Energy Company Limited(601088) in the first quarter, the net profit was 18.957 billion yuan, a year-on-year increase of 63.3%.
Kaiyuan Securities believes that without significant new capital expenditure in the coal industry, it will benefit from high prices in the future and keep profits high. At present, the annualized valuation of the first quarterly report of coal stocks is at a low level, with obvious allocation value.
In addition, real estate stocks and infrastructure stocks strengthened in the afternoon, among which real estate stocks lifted the limit tide again, helping the Shanghai index turn red at the end of the trading. In terms of news, recently, the first mortgage interest rates in cities such as Nanjing, Jiangsu, Shijiazhuang, Hebei and Lanzhou, Gansu have been reduced to varying degrees.
lithium resources sector received financial attention
In terms of growth style, the semiconductor sector fell, and the collective decline of heavyweights dragged down the gem, indicating a weak shock, but the upstream track of lithium battery continued to strengthen. Among them, Chengxin Lithium Group Co.Ltd(002240) , Youngy Co.Ltd(002192) , Tianqi Lithium Corporation(002466) , Eve Energy Co.Ltd(300014) , Ganfeng Lithium Co.Ltd(002460) all rose by more than 4%.
From a fundamental point of view, the recent high-profile outlook of the lithium sector has received financial attention again. For example, Youngy Co.Ltd(002192) , its first quarterly report showed that the company achieved a net profit of 254 million yuan in the first quarter, a year-on-year increase of 1399626%. The stock has achieved two consecutive boards in nearly two trading days. Another example is the 100 billion LEADER Ganfeng Lithium Co.Ltd(002460) , the company achieved a net profit of 3.525 billion yuan in the first quarter, with a year-on-year increase of 640.41%.
Everbright Securities Company Limited(601788) said that the excellent performance of Ganfeng Lithium Co.Ltd(002460) in the first quarter was mainly due to the sharp year-on-year increase in the price of lithium salt products of the company: in the first quarter of 2022, the average price per ton of battery grade lithium carbonate and lithium hydroxide was 400000 yuan and 348000 yuan respectively, with a year-on-year increase of 467% and 492% respectively.
Some market views believe that there is still strong support for lithium prices in the future, and the growth rate of demand far exceeds that of supply. This situation is not expected to change in the short term, and prices will continue to rise.
Although the upstream industry of lithium mine increased compared with the previous one, the overall performance of the new energy industry chain was poor. The leading stock Contemporary Amperex Technology Co.Limited(300750) closed down nearly 5%, and the share price fell back below 400 yuan, which means that the chain from upstream profits to the middle and lower reaches is still not smooth.
capital market re-entry policy is good
It is worth noting that after hours yesterday, China Clearing issued a notice on reducing the charging standard of stock transaction transfer fee.
According to the announcement, China Securities Depository and Clearing Co., Ltd. has decided to reduce the stock transaction transfer fee by 50% from April 29, 2022, that is, the stock transaction transfer fee will be reduced by 0.02% of the transaction amount of A-Shares in the current Shanghai and Shenzhen markets A shares and shares of Listed Companies in Beijing market are subject to 0.025% of the transaction amount. Two way collection, uniformly reduced to 0.01% of the transaction amount. Two way collection.
Recently, relevant policies have been intensively introduced to promote the stable and healthy operation of the capital market and increase support for the real economy China International Capital Corporation Limited(601995) said that recently, the central bank, China Securities Regulatory Commission, China Banking and Insurance Regulatory Commission, the State Administration of foreign exchange and other departments have made positive statements on the economic situation and capital market environment, and resolutely maintained economic and market stability. At present, the market has shown the bottom characteristics in terms of policy, valuation and capital. Although the short-term market may still be repeated, the opportunities gradually outweigh the risks in the medium and long term. The undervalued “steady growth” field still has a certain allocation value.
