panel overview
On Monday, in the morning, A-Shares opened high and went low, led by the gem; In the afternoon, the stock index rebounded in shock, and Kechuang 50 hit a new rebound high. On the disk, chemical fertilizer, automobile, automobile service, shipbuilding, steel, precious metals, agriculture, animal husbandry, feeding and fishery, cultural media, mining, education, nonferrous metals, biological products, medical devices, pesticides and veterinary drugs and other industries led the increase; Aviation, airport, real estate, banking and other industries callback slightly. In terms of theme stocks, poxvirus prevention and control, stephanine, digital reading, lithium extraction from Salt Lake, NFT concept, intellectual property rights, in vitro diagnosis, transgenic, nursery services, vocational education, etc. led the increase, while outdoor camping, rental and sale rights, super brands, MLCC, online tourism, etc. led the decline.
message surface
CSRC heavy! 23 policies to rescue industries affected by the epidemic eight points for companies
On May 20, the CSRC issued the notice on further exerting the function of the capital market to support the accelerated recovery and development of areas and industries seriously affected by the epidemic (hereinafter referred to as the notice). By increasing direct financing support, implementing the extension policy, optimizing the supervision arrangement and giving full play to the role of industry institutions, the CSRC has made efforts in the following four aspects: enterprises applying for IPO, listing on the Beijing stock exchange, refinancing, M & A, corporate bonds Increase policy support in asset securitization products.
Shanghai stock exchange plans to release the list of sample stocks of Shanghai Science and technology innovation board chip index on June 13
The Shanghai Stock Exchange announced that in order to timely reflect the performance of the securities listed on the science and innovation board and provide the market with multi-dimensional investment targets and performance benchmarks, the Shanghai Stock Exchange and China Securities Index Co., Ltd. will officially release the Shanghai Science and innovation board chip index on June 13, 2022. After liquidity screening, SSE Kechuang board chip index selects no more than 50 securities of Listed Companies in the fields of semiconductor materials and equipment, chip design, chip manufacturing, chip packaging and testing with large market value from the Kechuang board market as index samples to reflect the overall performance of securities of Listed Companies in the chip industry, which is a representative of the Kechuang board market.
HSI companies: including Semiconductor Manufacturing International Corporation(688981) and other four companies into the Hang Seng Index
On May 20, the Hang Seng Index company announced the quarterly inspection results, including Semiconductor Manufacturing International Corporation(688981) and other four companies into the Hang Seng Index. Excluding Ruisheng technology, the number of component shares will increase from 66 to 69; Weilai group was included in the Hang Seng technology index and ASM Pacific Technology was excluded. The number of constituent stocks remained 30.
Jufeng viewpoint
In the afternoon review, we suggested: "A shares have got rid of the previous unilateral adjustment and come to the crossroads of rebound and reversal, and the future market is expected to fluctuate and rise. Taking yesterday's Kechuang 50 index as a reference, we tentatively set the rebound target for this round near the 60 day moving average of the stock index, corresponding to 3200 points of the Shanghai index and 2550 points of the gem index. The shortage of market correction is not a fear, but an opportunity to absorb high-quality chips at a low price. It is suggested to continue to pay attention to medium and low-priced stocks in the steel sector and the track in the afternoon "Heavyweight stocks in stock consolidation".
In the afternoon, the automobile and securities sectors rose sharply, and track stocks such as new energy vehicles, photovoltaic, lithium batteries and chips stopped falling and rebounded, driving the stock index to rise. The Shanghai stock index once turned red, and the Kechuang 50 index was close to the rebound high. Among them, there were 24 new energy vehicle concept stocks and 10 photovoltaic and lithium battery stocks. In the future, we can continue to pay attention to the recent continuous consolidation performance of heavyweights in track stocks, instead of chasing up the strong stocks in the same sector. It is very likely to buy and adjust
investment suggestions:
Jufeng investment adviser believes that the factors that suppress the sentiment of A-share investors are still geopolitics, the contraction of the US dollar, the Chinese epidemic and other factors. On April 29, the meeting of the Political Bureau issued the strongest voice of stabilizing expectations and stabilizing the market. The track sectors that took the lead in the mid-term adjustment of military industry, wind power, photovoltaic, lithium battery and chip in the year stopped falling and rebounded, activating the confidence of the market to do more; And is expected to lead the market to launch a wave of intermediate market before the advent of the interim report window period. External market disturbance provides low absorption opportunities for a shares. It is suggested that bargain hunting pay attention to three main lines: first, companies with year-on-year and month on month growth in the first quarter; Second, the varieties wrongly killed in the adjustment within the year; Third, the theme of low-cost state-owned assets reform.
[medium term strategy review]
1. After the Qingming Festival, we suggest paying attention to track stocks. The logic is to take the lead in adjusting and the track stocks with the deepest adjustment range stop falling and rebound, so as to activate the confidence of the market to do more!
2. Since late April, the indexes of military industry, chip, photovoltaic and other industries have increased by more than 20%;
3. On April 21, we adjusted the infrastructure in the main line to the theme of low-cost state-owned assets reform. So far, the state-owned assets reform sector has increased by more than 15%.
In April and may, we clearly pointed out that track stocks are expected to lead the market to launch a wave of intermediate market before the interim report window period. At present, A-Shares are moving forward with hesitation!
[morning review hot spots]
Before trading on May 23, remind monkeypox, coal, steel, nonferrous metals, chips and other sector opportunities. In the weekly strategy, it is suggested to focus on the chemical fertilizer and chip sectors this week.
The concept of monkeypox is 6% +, which basically has no value to continue to participate. But there are still many opportunities for coal, aluminum, steel and chips
[afternoon review view]
On the afternoon of May 23, it is suggested to pay attention to the low-cost stocks in the steel sector and the heavyweights in the middle of the track stocks. If the track stocks strengthen again, the market is expected to expand the rising space.
[outlook for tomorrow]
Continue to pay attention to the boost of PV, chips and new energy vehicles to market popularity! For track stocks, focus on the overall performance of the sector, while light stocks should be sold high and sucked low or sucked low and held.
