brief description of disk
On Tuesday, the differentiation of A-Shares was obvious, the Shanghai index rebounded in shock, the amplitude narrowed in the afternoon, and the gem fell into adjustment. On the disk, aviation airport, coal, banking, engineering construction, electric power, wine making, wind power equipment, insurance and other industries led the increase, while medical devices, traditional Chinese medicine, chemical pharmacy, household light industry, medical services, beauty care, biological products, games and other industries fell sharply. In terms of subject stocks, Huawei Euler, digital economy, data security, digital currency, pumped storage devices, etc. led the rise; Covid-19 detection, in vitro diagnosis, Helicobacter pylori, syringe concept, prefabricated vegetable concept, virus control, super fungi, etc.
message plane
CSRC: we should take the full implementation of the stock issuance registration system as the main line to further promote the reform of the capital market
China Securities Regulatory Commission held the 2022 system work conference. The meeting stressed the need to comprehensively implement the stock issuance registration system as the main line and further promote the reform of the capital market. Adhere to the “three principles” of the reform of the registration system, make full “embroidery” efforts, and make practical preparations for careful thinking, business and clean government. Further improve the registration system arrangement with information disclosure as the core, highlight the top priority of the main board reform, accelerate the transformation of issuance supervision, further compact the “gatekeeper” responsibility of intermediaries, enhance the joint efforts of all parties, promote the formation of a good market ecology conducive to the full implementation of the registration system, and ensure the smooth implementation of the reform.
national development and Reform Commission: the specific price of pig grain has entered the three-level early warning range of excessive decline
According to the monitoring of the national development and Reform Commission, from January 10 to 14, the national average pig grain price ratio was 5.75 ∶ 1, entering the three-level early warning range of excessive decline set in the working plan for improving the regulation mechanism of government pork reserves and ensuring supply and stable price in the pork market. At present, the pig production capacity is generally in a reasonable range. It is recommended that farms (households) scientifically arrange production and operation decisions to maintain the pig production capacity at a reasonable level.
the first batch of four seasons reports of equity funds were released, and the uncertainty of market style has gradually become a consensus this year
As of January 17, 20 public funds have officially disclosed the four seasons report. It has been learned from a number of fund managers that for the recent drastic adjustment of multiple sectors in the market, industry insiders believe that under the background of the stock market, the market style switching may be more frequent this year, and the uncertainty of market style has gradually become a consensus. Among them, Hu Yaowen, manager of Haifutong national policy oriented hybrid fund, said that at present, the main line of the market is not clear, but as a fund manager with balanced investment, he will pay attention to the flexible allocation of two relatively clear investment opportunities of “steady growth” and “new track” this year.
Jufeng view
Medium term strategy:
Jufeng investment adviser believes that the liquidity at the macro level has gradually improved, and the PMI index has turned upward for two consecutive months, indicating that the medium-term market of A-Shares is expected to be better, and the offensive in spring will be gradually launched.
Pre market judgment: the early review “gem rebound is expected to continue” pointed out that A-Shares rebounded on Monday, and technology stocks rose in an all-round way. From the rebound strength, it is expected to continue to attack on Tuesday. Recently, some strict regulatory signals released by the market will deter demon stock speculation, and investors need to pay attention to risks.
In fact, the first demon stock Andon Health Co.Ltd(002432) in the market has jumped up and down recently, with obvious signs of ebb tide. The concept of prefabricated dishes, Helicobacter pylori and covid-19 detection, which soared sharply last week, have been greatly recalled. Although technology stocks (domestic software, semiconductors and network security) continued to rise, the gem index failed to continue to expand upward space due to the sluggish performance of Contemporary Amperex Technology Co.Limited(300750) .
The Shanghai composite index is strong, but it is related to the sharp rise of Baijiu stock represented by Kweichow Moutai Co.Ltd(600519) . At the same time, we should also note that the scissors gap between the Shanghai stock index and the small cap stocks is enlarged, which means that the market is difficult to form a resultant force, and there is a seesaw effect between the heavyweight and the small and medium-sized stocks.
Near midday, securities companies, electric power, banks, coal and steel pulled up, and the rise of Shanghai stock index expanded, but individual stocks did not follow, and the software, semiconductors and computers led by the opening fell. In the afternoon, the gains of securities companies, coal and steel narrowed, the relay of banks, electric power and airports rose, and the gains of the Shanghai index narrowed slightly. However, the rise of technology stocks continued to narrow, and the decline of gem index deepened in the afternoon.
Investment suggestions:
Recently, the market sector rotates very fast. After a sharp rise, we should evacuate in time and switch to the next potential opportunity point. From the recent disk, the main line has switched to the annual report market. It is suggested that the midline focus on technology stocks such as intelligent driving and chips with large growth space; Focus on four opportunities in the short term: state-owned assets reform, high annual growth, securities companies and oversold new shares.
