Today, a total of 95 shares rose by the limit, including 19 stocks connected to the board and 34 shares failed to close the board, with a closing rate of 73% (excluding ST shares, delisted shares and new shares not opened). In terms of stocks, among the stocks, the six Board of Sony shares, the sinodi investment 3 board, the Zhongtong Bus Co.Ltd(000957) 35 3 board of the auto industry chain’s Beijing Shougang Co.Ltd(000959) 574 board of the auto industry chain chain’s Zhejiang Zomax Transmission Co.Ltd(603767) 67 \352 Shenzhen Cheng Chung Design Co.Ltd(002811) 5 day 4 board, Shenzhen Huakong Seg Co.Ltd(000068) 4 day 3 board, textile and garment board Zhewen Pictures Group Co.Ltd(601599) 4 day 3 board. On the disk, 2800 stocks rose and 1720 stocks fell; Textile and clothing, automobile industry chain and education led the increase, while coal, real estate, medicine and medical treatment led the decline.
Guosheng Securities believes that in April, the fiscal revenue of each caliber fell sharply, and the key cities almost fell by more than 30%. In addition to the tax rebate, it is related to the epidemic and also dragged down by the income from land transfer; Expenditure slowed down significantly, mainly due to a significant reduction in infrastructure expenditure and less issuance of special bonds. On the whole, the fiscal performance in April and the sharp economic downturn in April and the “halving” of social finance confirm each other, pointing out that the policy still needs to make every effort to stabilize growth, and the financial side is likely to increase efforts, especially the “incremental tools” such as national debt.
Market Overview
Indicators show that the market’s short-term emotional bidding has rebounded compared with yesterday. In the morning, it mainly fluctuated near the 0 axis. It once rushed into the active area in the afternoon, and fell back to near the 0 axis again in the late trading.
In terms of individual stocks, soling shares led the rise with six consecutive boards, Zhongtong Bus Co.Ltd(000957) , Alpha Group(002292) 4 consecutive boards, Hunan Development Group Co.Ltd(000722) , Zhejiang Construction Investment Group Co.Ltd(002761) , Hunan Investment Group Co.Ltd(000548) and other high-level stocks continued to fall.
In terms of index, today’s main focus was on the shock near the flat line. The overall fluctuation of the three indexes was small. The Shanghai index closed down 0.25% and the gem index closed down 0.16%.
Northbound funds sold a total of 2.277 billion yuan today. Among them, the Shanghai stock market sold a net 2.11 billion yuan and the Shenzhen stock market sold a net 168 million yuan.
focus sectors and individual stocks
Stimulated by the news, digital economy concept stocks rose sharply at the opening, Beijing Asiacom Information Technology Co.Ltd(301085) , Beijing Zznode Technologies Co.Ltd(003007) , Ronglian Group Ltd(002642) , Szzt Electronics Co.Ltd(002197) , Shanghai Golden Bridge Infotech Co.Ltd(603918) , Shenzhen Infinova Limited(002528) , Guangzhou Ruoyuchen Technology Co.Ltd(003010) limit, and the core targets are basically Hong Kong and US stocks. On the news side, the CPPCC National Committee held a special consultation meeting on “promoting the sustainable and healthy development of the digital economy” in Beijing on the 17th.
Citic Securities Company Limited(600030) said that the CPPCC National Committee held a special consultation on digital economy, which once again released a positive signal of “supporting the sustainable and healthy development of platform economy and private economy”. In the current market environment, considering the macro pressure and liquidity discount, leading companies such as Alibaba and Tencent holdings have reached 4% and 2% of the valuation quantile in recent five years. Even considering that the investment logic of the Internet has changed, Chinese Internet companies still have comparative advantages in the international competition of the next generation cloud computing and AI driven digital economy. When the market sentiment is pessimistic, we return to the fundamentals and discuss the possible growth and risks of Chinese Internet companies in the next 1-2 years. From the time dimension of the next 1-2 years, it is still possible for Chinese Internet companies to achieve relatively stable returns on investment. We propose to focus on leading Internet companies with strong competitive advantage and new business and new market development.
Some funds fell back to the direction of infrastructure construction, with nearly 10 first board stocks, including Shenzhen Cheng Chung Design Co.Ltd(002811) , Shenzhen Huakong Seg Co.Ltd(000068) , Tianjin Lvyin Landscape And Ecology Construction Co.Ltd(002887) , Gansu Engineering Consulting Group Co.Ltd(000779) and Shenzhen Wenke Landscape Co.Ltd(002775) , Shanghai Pudong Construction Co.Ltd(600284) , Guangzhou Metro Design & Research Institute Co.Ltd(003013) , Arcplus Group Plc(600629) . This direction is mainly viewed in terms of repair. The whole sector is still in the ebb period, Hunan Development Group Co.Ltd(000722) , Shenzhen Jianyi Decoration Group Co.Ltd(002789) , Zhejiang Construction Investment Group Co.Ltd(002761) and other high-level popular stocks fell fiercely.
The automobile industry chain continued to strengthen, Zhongtong Bus Co.Ltd(000957) 4 link board, Zhejiang Zomax Transmission Co.Ltd(603767) 2 link board, Zhejiang Vie Science & Technology Co.Ltd(002590) , Guangdong Dcenti Auto-Parts Stock Limited Company(603335) , Zhejiang Yueling Co.Ltd(002725) and other more than ten stocks rose by the limit. The rebound in this direction was stronger than expected. Heavyweights rose 50% in Great Wall Motor Company Limited(601633) 6 trading days, and Byd Company Limited(002594) returned to above 800 billion. The rebound will not be achieved overnight. In the short term, we need to beware of the risk of capital cashing. In the medium and long term, the Shanxi Guoxin Energy Corporation Limited(600617) automobile industry chain still has excellent competitiveness.
The textile and garment sector also performed well today, with three boards leading the rise in Zhewen Pictures Group Co.Ltd(601599) 4 days and Shanghai Dragon Corporation(600630) , Shanghai Metersbonwe Fashion&Accessories Co.Ltd(002269) , Huafang Co.Ltd(600448) , Nanjing Textiles Import & Export Corp.Ltd(600250) , Xingye Leather Technology Co.Ltd(002674) limit. In terms of news, the 70th Anniversary Conference of CCPIT and the global trade and investment promotion summit were held today. A number of foreign dignitaries, heads of international organizations, heads of trade promotion institutions and business leaders will deliver speeches on the theme of “pooling trade promotion forces and jointly promoting opening-up and development”, so as to promote economic globalization in a more open, inclusive, balanced and win-win direction.
On the other hand, tariffs and exchange rates are also the core drivers of export-oriented enterprises. US President Biden has said that he is assessing the reduction of tariffs imposed on China. USD offshore RMB rose sharply from around 6.37 in the past month, once breaking 6.83 The mild depreciation of the exchange rate has a positive impact on the performance of export-oriented enterprises. There are obvious changes in the textile and garment industry, auto parts, household appliances and other export-oriented industries. The auto parts stocks Guangdong Dcenti Auto-Parts Stock Limited Company(603335) , Zhejiang Yueling Co.Ltd(002725) which rose today are typical export-oriented enterprises.
The central enterprise reform sector was further fermented in the afternoon, Shenzhen Nanshan Power Co.Ltd(000037) , Gansu Qilianshan Cement Group Co.Ltd(600720) , Hunan Tianya average 5-day 4-board, Daqing Huake Company Limited(000985) , Shanghai Baosteel Packaging Co.Ltd(601968) 2-board, China National Complete Plant Import And Export Co.Ltd(000151) , Xiangyou technology, Guizhou Guihang Automotive Components Co.Ltd(600523) , Shanghai Electric Power Co., Ltd. Changchun Yidong Clutch Co.Ltd(600148) limit. On the news, Weng Jieming, deputy director of SASAC, said that the existing unlisted high-quality assets should be gradually injected into listed companies in a planned way. If necessary, they can also be listed separately. State controlled listed companies should set an example for stabilizing the capital market. This direction is mainly latent. This year is the last year of the three-year action of state-owned enterprise reform. There should be many opportunities for repetition in the follow-up.
Overall, today’s market is mainly treated as repair. Although the indexes closed down slightly, individual stocks rose more and fell less. The main directions such as real estate and anti-virus are in the ebb state, and the theme sectors are active in turns, but there is a lack of sustainable direction. In the short term, the trading volume begins to shrink. Under the background of volume price deviation, you can pay attention to whether there will be a strong return step. For individual stocks, you can pay more attention to the low targets, and the rebound is very strong, such as Eve Energy Co.Ltd(300014) , Great Wall Motor Company Limited(601633) , Tianqi Lithium Corporation(002466) and other 100 billion heavyweights, which can rebound more than 40% in a short time.
today’s trading limit analysis chart:
