After the closing of the A-share market in April, the investment portfolios and strategic views of China's major securities companies in may have been released one after another.
According to incomplete statistics, as of May 3, 21 securities companies, including China Securities Co.Ltd(601066) , Guosen Securities Co.Ltd(002736) , China Galaxy Securities Co.Ltd(601881) , Huatai Securities Co.Ltd(601688) and others, have released their investment portfolios in May 2022, recommending nearly 160 monthly gold stocks of A-Shares and Hong Kong shares. Kweichow Moutai Co.Ltd(600519) and "Guomao" China stock market news are the most favored ones. In addition, industry leaders such as "waterproof Mao" and "duty-free Mao" have also been jointly recommended by many securities companies.
For the market trend in May, the institution believes that the dawn has come, but it needs to wait patiently for the policy to work. On the whole, it may still focus on consolidation. From the perspective of configuration, securities companies preferred the stable growth and consumption direction with relatively high prosperity in May.
industry Mao layout value respected
According to the released report, Kweichow Moutai Co.Ltd(600519) is the most promising stock of securities companies in May, and the company has obtained the joint recommendation of 7 securities companies, including China Galaxy Securities Co.Ltd(601881) , Kaiyuan securities, Huatai Securities Co.Ltd(601688) , Guolian Securities Co.Ltd(601456) , Ping An Securities, Northeast Securities Co.Ltd(000686) , Shanxi Securities Co.Ltd(002500) .
In the first quarter of 2022, Kweichow Moutai Co.Ltd(600519) net profit attributable to the parent company achieved a year-on-year increase of 23.6%. Huatai Securities Co.Ltd(601688) believes that under the background of both offensive and defensive, short-term epidemic impact and uncertain macro environment, the company relies on demand toughness and deepening its own business reform, and its performance growth is expected to accelerate against the trend. In the long run, the company's excellent brand power and strong pricing power still support the development momentum.
In May, China stock market news was also shortlisted in the list of gold stocks of seven securities companies. The recommended securities companies include China Securities Co.Ltd(601066) , China Galaxy Securities Co.Ltd(601881) , Kaiyuan securities, Soochow Securities Co.Ltd(601555) , East Asia Qianhai securities, Huaan Securities Co.Ltd(600909) , Shanxi Securities Co.Ltd(002500) China Securities Co.Ltd(601066) believes that China stock market news has benefited from capital market expansion and wealth management in the medium and long term. Its overall performance is characterized by high upward elasticity and low downward elasticity. It is recommended to allocate it at the current time point.
Among the gold stocks recommended by securities companies in May, there are many "industry leaders" in all walks of life, such as "waterproof Mao" Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) , "duty-free Mao" China Tourism Group Duty Free Corporation Limited(601888) , "Di Mao" China Vanke Co.Ltd(000002) , "pig Mao" Muyuan Foods Co.Ltd(002714) ; In addition, "marine Mao" Cosco Shipping Holdings Co.Ltd(601919) , "milk Mao" Inner Mongolia Yili Industrial Group Co.Ltd(600887) , "photovoltaic Mao" Longi Green Energy Technology Co.Ltd(601012) , "Che Mao" Byd Company Limited(002594) , etc. have also been recommended by some securities companies.
securities companies ranked among the top gold stocks in May
Data source: Research Report of securities companies
According to the distribution of Shenwan level industries, securities companies recommended the most gold stocks in the food and beverage industry in May, with a total of 14; There are 11 stocks, 10 stocks and 10 stocks in mechanical equipment, power equipment and electronics industries respectively; The distribution of "gold stocks" in basic chemical, pharmaceutical, biological, computer and other industries is also relatively dense.
21 securities companies may gold stock list
Data source: Research Report of securities companies
dawn is now waiting patiently for the policy to work
How will the A-share market perform after the May Day holiday? At present, most securities companies are still cautious about the market in May.
China Galaxy Securities Co.Ltd(601881) Securities believes that the impact of China's repeated epidemic on the economy is one of the main concerns of investors, and the risk of rising commodity prices caused by the supply shock caused by the continued geographical conflict between Russia and Ukraine can not be ignored. Meanwhile, at the beginning of May, the second interest rate hike and table contraction plan of the Federal Reserve probably fell to the ground. Although the external risk disturbance is still there, we should return our focus to China's steady growth. At present, the dawn has appeared, and we need to wait patiently for the strength of the policy and the repair of investor expectations and confidence.
Everbright Securities Company Limited(601788) believes that there will still be some pressure on the market in the future, but the increase of positive factors is expected to "stabilize" the market: at present, there is still some pressure on China's economy and A-share earnings, but the easing of China's epidemic situation will also help to alleviate the pessimism of the market; On the other hand, the meeting of the central finance and Economic Commission emphasized comprehensively strengthening infrastructure construction, building a modern infrastructure system, and more policies related to steady growth may be introduced in the future.
Recently, the A-share market has ushered in an oversold rebound. Ping An Securities believes that it is mainly catalyzed by the marginal improvement of the recent epidemic situation and the implementation of supporting policies. However, considering that domestic demand is still weak, the economic bottom probability is confirmed in the second quarter, and more substantive policies need to be implemented, the A-share market is expected to be mainly consolidation in May.
With the disclosure of the first quarterly report, Shanxi Securities Co.Ltd(002500) believes that the market is expected to return to the market of structural repair. However, the impact of the epidemic on the supply chain is obvious, and the expected repair of some industries still needs to be confirmed by the performance. After the overseas tightening cycle, the global financial environment is still facing some uncertainty, or has a phased impact on the market risk appetite.
focus on steady growth and consumption direction
For the future configuration, in May, securities companies paid more attention to the stable growth and consumption direction of relatively high prosperity.
Everbright Securities Company Limited(601788) believes that the direction of steady growth may be one of the most important main lines in the capital market, and the relevant sectors of "steady growth" have performed prominently in the upward range of fixed asset investment growth in history. We are optimistic about the construction, building materials, banking, real estate and other industries in the direction of traditional infrastructure, as well as the wind power, photovoltaic and other industries in the direction of new infrastructure.
For the consumption sector, Northeast Securities Co.Ltd(000686) believes that the market's concern about the epidemic has been alleviated. In the follow-up, under the "scientific epidemic prevention" policy and the implementation of digital governance, specific drugs and vaccines, the demand is expected to be released, and the mass consumption sectors such as hotel catering, tourism and scenic spots, sports and catering are expected to usher in marginal improvement.
Open source securities suggests that investors allocate "60% offensive growth and 40% defensive value" in May, and are optimistic about three types of directions: growth attributes, including "new half army" (new energy, semiconductor and military industry), high-end manufacturing and other industrial chains; Post epidemic repair, including Internet logistics platform, new energy vehicles, semiconductor industry chain repair, etc; Food and beverage consumption direction must be selected
The top ten securities companies added more gold stocks in these two sectors in May
Securities companies released gold stocks in May! Actively layout and repair the rebound, and it is suggested to appropriately allocate additional growth stocks
