Consumer sector: overall differentiation, focusing on food and beverage, automobile and household appliances.
The overall performance of the consumer sector was sluggish, led by food and beverage. In terms of total consumption, the growth rate of total social retail sales fell, and the decline of catering consumption narrowed. The infrastructure chain and grain and oil consumption have been improved, the growth of food manufacturing revenue has picked up, profit margins are expected to improve, the output of dairy products and finished sugar has increased, Moutai's price has increased, the output of Baijiu has increased, the price of 350ml has increased slightly, the output has increased, the price of milk has increased, and the price of infant formula has increased. The price index of traditional Chinese medicine fell slightly month on month; The overall price of vitamins fell, the price of lysine fell month on month, and the price of methionine rebounded month on month; The retail sales of passenger cars continued to rise, and the wholesale end weakened as a whole; Pulp prices rose month on month, corrugated paper prices fell month on month, the total wood index fell month on month, and the spot prices of MDI and TDI increased significantly month on month; The month on month growth rate of textile, clothing and apparel exports fell; Pork prices fell as a whole, pig stocks and fertile sows fell, broiler seedling prices fell month on month, live chicken prices rose month on month, vegetable prices fell month on month, and fruit prices rose month on month; Yiwu commodity price index fell month on month; In October 2021, the sales growth of air conditioners and washing machines increased month on month, and the sales growth of televisions and refrigerators rebounded.
Growth sector: the boom continues to differentiate, focusing on lithium battery materials and new energy vehicles
The prosperity of the growth sector continues to differentiate. In the semiconductor industry, the price of memory rose, and the price of nand64gb flash memory increased significantly. In December 2021, the revenue of major semiconductor OEM reached a new high one after another. In terms of consumer electronics, the year-on-year growth rate of mobile phone shipments expanded in December 2021, and 5g mobile phone shipments maintained a high growth. In terms of electrical equipment, the price of photovoltaic industry chain has rebounded slowly in recent two weeks, the price index of silicon wafer and polysilicon has increased, and the price of silicon material has stabilized and rebounded after falling for two consecutive weeks. In terms of lithium battery materials, the price of cathode materials has maintained an upward trend in the past two or three weeks, the price of lithium iron phosphate has continued to reach a new high, the price of lithium hexafluorophosphate has increased after two months of maintaining stability, and the high price difference between electrolyte and 6F has been reduced. In terms of new energy vehicles, the monthly sales volume of new energy vehicles reached a new high in December 2021, and the output of lithium iron phosphate power batteries accelerated.
Large financial sector: Boom differentiation, pay attention to banks
In December 2021, the sales area of commercial housing increased, the national housing boom index continued to decline, and the growth rate of housing price index decreased. The interest rate of individual housing loans continued to fall, and the transaction area of commercial housing decreased. Land transaction area and transaction premium rate rose simultaneously. The land acquisition area continued to remain low year-on-year. In December 2021, the social finance and credit data showed an upward trend, and the trend of bottoming and stabilizing was obvious. The interest rate is still in the bottom area, and the bank has abundant funds. The decline in premium income narrowed in November. The balance of margin trading and securities lending and the stock turnover rate in the securities market continued to decline.
