brief description of disk
On Friday, A-Shares opened low and continued to adjust. On the disk, tourism hotels, airports, coal, wine making, energy metals, batteries and photovoltaic equipment led the increase, while medical devices, games, chemical pharmaceuticals, traditional Chinese medicine, biological products, agriculture, animal husbandry, feeding and fishing, aerospace, medical services, pharmaceutical commerce and other industries led the decline. In terms of subject stocks, Saline Lake’s lithium extraction, online travel, lottery concept, Baijiu, HIT battery and other leading companies. Losses were led by covid-19 detection, in vitro diagnosis, covid-19 drugs, assisted reproduction, Helicobacter pylori, virus prevention and control, precision medicine, etc.
message plane
State Council: timely launch the action to promote inbound tourism
The State Council printed and distributed the “14th five year plan” for tourism development. The plan proposes to timely study and judge the prevention and control situation of covid-19 pneumonia outside China and the development and changes of the international environment, scientifically adjust the management measures for relevant personnel to come to China, and actively build a healthy, safe and orderly exchange order between Chinese and foreign personnel on the premise of ensuring the safety of epidemic prevention.
guidance on digital transformation of banking and insurance industry issued
The guidance on the digital transformation of banking and insurance industry formulated by the CBRC was officially issued to the CBRC and bancassurance institutions recently. The guiding opinions includes seven parts, including general requirements, strategic planning and organizational process construction, digitization of business operation and management, data capacity-building, scientific and technological capacity-building, risk prevention, organizational guarantee and supervision and management, with a total of 30 articles.
bankruptcy reorganization has become the main channel for risk clearing of A-share companies
Bankruptcy reorganization has become one of the main channels for clearing the risks of A-share listed companies. According to statistics, in 2021, a total of 25 listed companies started bankruptcy reorganization, 17 of the controlling shareholders of listed companies started bankruptcy reorganization, and another company implemented bankruptcy reorganization for joint-stock companies. The number of companies involved in bankruptcy reorganization was 43, a record high.
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: U.S. stocks rose and fell overnight, diving quickly in the late trading, led by the semiconductor sector. It is expected that A-share technology stocks will continue to release the adjustment pressure, and then gradually stabilize and rebound.
In fact, undervalued stocks are still being repaired with the help of the pre increase of the annual report. Today, it is the turn of the airport, coal and wine sectors to rise. Coal and wine also had a strong performance yesterday, but yesterday’s strong financial stocks fell today. Covid-19 virus detection and covid-19 drug sector fell sharply, and the trend of pharmaceutical stocks was weak. The rapid rotation of this sector has a great lethality to market confidence. The gem index continued to callback, reaching a new low since May 2021. In the afternoon, if the Shanghai Composite Index breaks through Friday’s low, it will probably close to 3500.
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. After new year’s day, A-shares continued to callback. It is suggested that the midline bargain hunting pay attention to technology stocks such as intelligent driving and chips with large growth space. In the short term, we can focus on four opportunities: state-owned assets reform, high annual growth, securities companies and oversold new shares.
