The overall market downturn, stocks and sectors, but ups and downs, there are still bright spots.
Near the Spring Festival, the A-share market is a little depressed, but steady growth and heavy events in the overseas game industry, riots in cement infrastructure stocks and online game stocks, while the main lithium sector of the popular new energy track collapsed again, lithium mining stocks fell sharply, and the leading Eve Energy Co.Ltd(300014) of 200 billion fell sharply; 100 billion growth hormone Changchun High And New Technology Industries (Group) Inc(000661) suddenly collapsed and fell to the limit in the trading day; The Ningbo Hengshuai Co.Ltd(300969) fell more than 18% after falling into the rumor of "taking over" the fund. CXO pharmaceuticals, semiconductors and other previously popular also fell sharply; Traditional cyclical sectors such as steel, construction, coal, real estate and finance are active.
After the one-year MLF "interest rate cut", the central bank took another action to continue to release liquidity and make efforts to stabilize growth. The central bank announced that on January 19, it carried out a 7-day reverse repurchase operation of 100 billion yuan by means of interest rate bidding, with a bid winning interest rate of 2.10%. According to wind data, 10 billion yuan of reverse repo expired today, so a net investment of 90 billion yuan was invested on that day.
At the morning closing, the Shanghai Composite Index fell 0.29%, the Shenzhen composite index fell 1.16%, the gem index fell 1.96%, approaching 2%, the authorized heavy Contemporary Amperex Technology Co.Limited(300750) and other lithium films rang, the Kechuang 50 index fell 1.19%, the turnover between the two markets was 686.7 billion yuan, 2035 individual stocks rose and 2422 fell.
Northbound funds bought net all the way in the morning, and bought net 3.6 billion yuan in the morning.
the central bank has another action:
net investment of 90 billion yuan today
The central bank announced that in order to maintain the reasonable and abundant liquidity of the banking system, a 7-day reverse repurchase operation of 100 billion yuan was carried out by means of interest rate bidding on January 19, with a bid winning interest rate of 2.10%. According to wind data, 10 billion yuan of reverse repo expired today, so a net investment of 90 billion yuan was invested on that day.
At a press conference held by the Information Office of the State Council at 3 p.m. on January 18, Liu Guoqiang, vice governor of the central bank, said that the current average deposit reserve ratio of financial institutions is 8.4%, which is not high, and the space for further adjustment in the next step becomes smaller. However, from another perspective, the space has become smaller, but there is still a certain space, which can be used according to the economic and financial operation and the needs of macro-control.
Liu Guoqiang, vice governor of the central bank, said that in 2022, the people's Bank of China will implement the spirit of the central economic work conference, adhere to the principle of stability, seek progress while maintaining stability, make prudent monetary policy flexible and appropriate, strengthen cross cycle regulation, give full play to the dual functions of the aggregate and structure of monetary policy tools, be more proactive, more aggressive and focus on moving forward, Guide financial institutions to increase support for the real economy, especially small and micro enterprises, scientific and technological innovation and green development, stabilize the macro-economic market, and create a suitable monetary and financial environment to promote high-quality economic development.
Liu Guoqiang said that the current economy is facing triple pressure, "stability" itself is the biggest "progress". Before the downward pressure on the economy is fundamentally relieved, we should serve stability, not introduce policies that are not conducive to stability, and introduce more policies that are conducive to stability, so as to promote stability with progress. In short, the current key goal is stability, and the policy requirement is force. How? I think from three aspects: first, make sufficient efforts to open the monetary policy toolbox more, maintain the stability of the total amount and avoid credit collapse; Second, the financial sector should not only welcome customers to the door, but also take the initiative to find projects, add effectively and optimize the economic structure according to the requirements of the new development concept; Third, push forward. Although it is the beginning of the year, the time of a year is very short, and the plan of a year lies in spring. Therefore, we should hurry up, look ahead, walk in front of the market curve, and respond to the general concerns of the market in a timely manner. We can't delay. If we delay for a long time, if the market concerns fail, we won't worry. If we don't care, we will "mourn more than die". The later things will be difficult, so we can't delay, We should take the lead and respond to the general concerns of the market in a timely manner.
Huatai solid income commented that this is a press conference with a large amount of information. For the LPR interest rate on the 20th of this month, the basic situation is to reduce 10bp in one-year period and 5bp in five-year period, and the possibility of 10bp in five-year period cannot be ruled out; Wide currency is still on the road. In March and April, it is still an observation window for interest rate reduction. The uncertainty of RRR reduction is slightly greater. At the same time, adding structural policies, the curve is steep and has a high probability under this combination.
On January 17, the central bank cut interest rates more than expected. The central bank announced that in order to maintain the reasonable and abundant liquidity of the banking system, it carried out 700 billion yuan one-year MLF operation and 100 billion yuan seven-day open market reverse repurchase operation on January 17. The bid winning interest rates were 2.85% and 2.10% respectively, and the bid winning interest rates decreased by 10 basis points. This is the first time that the central bank has lowered the MLF interest rate since April 15, 2020, just one month from the RRR reduction in December 2021.
NDRC: cement stock riots
200 billion LEADER soared 7%
The traditional cyclical sectors continued to exert force, and the cement, steel, construction, coal, real estate, finance and other sectors rose significantly. Cement building materials stocks led the gains.
Keshun Waterproof Technologies Co.Ltd(300737) rose more than 10%, Beijing Hanjian Heshan Pipeline Co.Ltd(603616) , Yunnan Bowin Technology Industry Co.Ltd(600883) 10% limit, Gansu Shangfeng Cement Co.Ltd(000672) , Huaxin Cement Co.Ltd(600801) and so on.
A shares of Anhui Conch Cement Company Limited(600585) , the cement leader with a market value of more than 200 billion, rose by more than 7% in the morning.
Yuan Da, director of the comprehensive Department of national economy of the national development and Reform Commission, said at a press conference on the 18th that we should speed up the introduction of a series of policies and measures to implement the strategy of expanding domestic demand. Timely study and put forward targeted measures to revitalize industrial operation. We should appropriately carry out infrastructure investment in advance, accelerate the promotion of 102 major engineering projects in the 14th five year plan, implement the special bonds issued by local governments in the fourth quarter of last year to specific projects as soon as possible in accordance with the requirements of "funds follow the projects", pay close attention to the amount issued, and strive to form more physical workload in the first quarter.
the largest acquisition in Microsoft's history:
game stocks rose
In addition to the traditional undervalued cyclical stocks, game stocks in the media and Internet field have become emerging stocks, which are rare to be popular and rise sharply. Microsoft did not deal with the huge game acquisition worth up to $68.7 billion, and A-share game stocks also rose.
Sichuan Xun You Network Technology Co.Ltd(300467) , Rastar Group(300043) both rose by 20cm, and Hubei Century Network Technology Inc(300494) , Zhejiang Jinke Tom Culture Industry Co.Ltd(300459) , Guiyang Longmaster Information & Technology Co.Ltd(300288) , Shenzhen Zqgame Co.Ltd(300052) rose sharply.
On the evening of January 18, Microsoft officially announced that it would acquire Activision Blizzard, a well-known game developer, at a price of $95 per share. The value of the whole transaction was as high as $68.7 billion, making it the largest acquisition in Microsoft's history.
After the completion of the transaction, Microsoft will become the third largest game company in the world after Tencent and Sony. At the same time, Microsoft will also obtain the franchise rights of many game products, including Warcraft, Diablo, watchman, call of duty, candy crush legend and so on.
Affected by the news, Activision Blizzard rose more than 35% before trading on Tuesday. As of the close, Activision Blizzard rose 25.88% to $81.31, with a total market value of $64.1 billion.
the lithium track collapsed again: the gem once fell 2%
200 billion LEADER fell
In 2021, the hottest new energy track continued to decline, and the new energy vehicle industry chain was significantly reversed, Byd Company Limited(002594) fell by 4%, Eve Energy Co.Ltd(300014) , Tianqi Lithium Corporation(002466) fell by more than 6%, and Great Wall Motor Company Limited(601633) , Yunnan Energy New Material Co.Ltd(002812) fell one after another.
The trillion leader Contemporary Amperex Technology Co.Limited(300750) fell 3%, which also led to the collapse of the gem. The gem index fell nearly 2% in the morning.
Lithium stocks fell 5.01%.
10x Bull Stock Yongxing Special Materials Technology Co.Ltd(002756) suddenly fell to the limit.
The leading Eve Energy Co.Ltd(300014) with a market value of 200 billion plunged nearly 7%.
pharmaceutical stocks fell sharply
100 billion LEADER flash collapse limit
Pharmaceutical stocks, including the popular CXO, fell sharply. The biomedical leader Changchun High And New Technology Industries (Group) Inc(000661) with a market value of 100 billion suddenly collapsed and fell by the limit in the session, Changchun High And New Technology Industries (Group) Inc(000661) is known as "growth hormone Mao". At about 10:37, the decline was less than 1%, and the limit was closed in less than half an hour. In the morning, more than 20000 orders were closed, and the market value fell below the 100 billion yuan mark.
According to the document on centralized procurement of diclofenac and other drugs of Guangdong alliance published on the website of Guangdong pharmaceutical trading center on January 19, a variety of recombinant human growth hormone are in the centralized procurement catalogue, including the recombinant human growth hormone injection of Changchun kinsay Pharmaceutical Co., Ltd., a holding subsidiary of Changchun High And New Technology Industries (Group) Inc(000661) (gyzz s20050025).
For the sudden collapse of stock price, some netizens think it may be that someone broke his position: "it seems that a big man broke his position. After the sharp decline, it suddenly fell sharply, which is a typical position breaking".
Among the 276 drug purchase lists, Changchun High And New Technology Industries (Group) Inc(000661) subsidiary kinsay pharmaceutical and Anhui Anke Biotechnology (Group)Co.Ltd(300009) recombinant human growth hormone were included in the centralized purchase.
As early as may last year, the market heard the news of intensive purchase of growth hormone, Changchun High And New Technology Industries (Group) Inc(000661) share price fell sharply from the historical high of more than 550 yuan, and the news fell by the limit on May 24. In July last year, Guangdong Province announced the list of centralized drugs, growth hormone did not enter, and Changchun High And New Technology Industries (Group) Inc(000661) share price rebounded slightly. Since the news of centralized purchase came out in May last year, Changchun High And New Technology Industries (Group) Inc(000661) 's share price has halved, and its market value has fallen from more than 200 billion to less than 100 billion. How to interpret the stock price after the implementation of this centralized mining is worthy of attention.
