Author | Jia Weizhong
Source | Car selection network
After the New Year's Day holiday, investors are full of joy and look forward to the opening of A-shares in 2022. However, on Tuesday, January 4, the three major indexes all opened high and went low, and the ChiNext board performed the weakest on the day. In terms of sectors, track stocks have fallen sharply, investment institutions and professionals have different views, how to make decisions in the future?
When the market opened on January 4, investors who were looking forward to the opening of A-shares may be disappointed. On the same day, the Shanghai index fell 0.2%, the Shenzhen component index fell 0.44%, and the ChiNext index fell 2.18%; the net outflow of main funds from Shanghai and Shenzhen reached 27.08 billion yuan. From the perspective of the sector, among the 31 industries, the automobile ranked 21st, and finally got rid of the situation of ten consecutive days. From the perspective of individual stocks, a total of 3299 stocks in the two cities rose, and 1243 stocks fell; 121 stocks rose and 24 fell.
An important reason for the decline on the first day of the opening of the three major indexes was the collective shutdown of the track stocks yesterday. According to reports: "In the chip track, the northern Huachuang intraday touched a drop stop, and the shares of Changchuan Technology and Jingchen fell by more than 10%. In the new energy track, in the photovoltaic sector, Trina Solar, with a market value of more than 100 billion yuan, plunged 8%, inverter concept stock Jinlang Technology fell by more than 10%, photovoltaic glass leader Follett fell to a halt, and adhesive film leader Foster fell to a stop of 9%. In the new energy vehicle sector, the Ningde era fell by more than 3% throughout the day, Ewell lithium energy fell by more than 5%, and the upstream lithium mine of lithium batteries, lithium extraction in salt lakes, midstream electrolyte, negative electrode and other fields also fell to varying degrees. ”
Although A-shares did not usher in a good start on the first trading day of 2022, most investment institutions are optimistic about the trend of the broader market this year.
CICC believes that "it is expected that the A-share opportunities in 2022 will outweigh the risks. Structurally, China's industrial upgrading trend is in the ascendant (including the trend of industrial autonomy, specialization, carbon neutrality, etc.), and the momentum of more allocation of financial assets by residents is gaining momentum, bringing more structural opportunities. ”
CITIC Construction Investment said: "The recent A-share adjustment, the divergence of long- and short-end interest rates, and the narrowing of the term spread reflect more recession expectations and concerns about the effects of the wide credit policy." Looking forward to the market situation in January this year, we believe that the A-share market is expected to usher in a recovery, and the overall performance should be stronger than that in December last year. The main reason for the market recovery in January is that risk appetite and liquidity will improve at the beginning of the year. ”
GF Securities pointed out: "The current market is still in the 'can stage', and it is recommended to continue to lay out around the industrial/policy clues under the 'new double carbon cycle' and the medium-term industrial prosperity expectations under the guidance of the 'high-frequency expected prosperity observation model'." ”
For yesterday's track stock plunge, some professionals gave a different view. Some insiders told the "Car Selection Network": "In 2022, the opportunity for new energy vehicle stocks is definitely still there, but the opportunity for comprehensiveness and general growth is difficult, and the revenue expectations in 2022 can also be lowered, unless the industry data exceeds expectations again, but it is certainly not easy to exceed expectations, after all, the performance of the new energy vehicle market in 2021 is too good, and invisibly everyone's imagination of this year's market expectations has been greatly improved." ”
Some professionals analyzed: "Unlike those theme stocks that have not yet landed on the real performance and are in the stage of speculation concept, speculation policy, speculation technology theory, and speculation expectations, track stocks need to continue to use performance and benefits to prove the rationality of the previous speculation content." The first quarter of 2022 is the stage of changing hands, some funds will be profitable, and some new investors may enter. Track stocks opened the market collectively extinguished, the stock prices of some listed companies or will reach a stage low, in the future if which listed company announced the performance beyond expectations, its stock price will most likely rise sharply. ”
The above is the analysis of some institutions and investors on the opening market of A-shares in 2022, and everyone is welcome to express their opinions.
(Image source: Internet)