On January 20, the central bank announced an LPR interest rate cut, and northbound funds significantly increased their positions by about 12.6 billion yuan, but the market did not rebound as expected, but the extreme "one-nine differentiation" market appeared. Large finance, liquor and other sectors rose against the trend, the track stocks fell across the board, Changchun High-tech fell for consecutive days, and the number of stocks in the two cities fell by more than 3800.
By the close, the Shanghai Composite Index was down 0.09%, the Shenzhen Component Index was down 0.06 percent, and the ChiNext Index was down 0.32 percent. The turnover of the two cities reached 1.13 trillion yuan, which exceeded 1 trillion yuan for 15 consecutive trading days, of which the turnover of the Shanghai market was 459.702 billion yuan and the turnover of the Shenzhen market was 669.284 billion yuan.
Source: CSI Taurus APP
The big financial sector bucked the trend
Today, the three major indexes all fell, but the Shanghai 50 index rose by 1.46%, and the market showed a "one-nine differentiation" market.
The number of rising stocks in the two cities is 745, of which the number of stocks with a limit is 49, the number of stocks that have fallen is 3828, and the number of stocks that have fallen is 30.
From the perspective of industry performance, in the Shenwan first-level industry, the banking, non-bank finance, and household appliances industries rose in the front, up 2.10%, 2.04%, and 1.86% respectively; the media, national defense and military industries, and basic chemical industries fell in the front, down 2.81%, 2.52%, and 2.39% respectively.
The banking sector led the market, the bank of Lanzhou rose and stopped, Qilu Bank rose 6.47%, intraday once rose, Ping An Bank rose 5.03%, Hangzhou Bank, China Merchants Bank rose more than 3%.
Bank of Lanzhou fell 7.56 percent at one point that morning, but then quickly rose in a straight line and rose to a limit. After-hours information shows that an institutional special seat appeared on the Lanzhou Bank Dragon and Tiger List, with a net purchase of 35.1374 million yuan on the same day, ranking third in the purchase amount. Bank of Lanzhou, the new stock, was listed on January 17, and the latest closing price was up 91.6% from the issue price. Since its listing, Lanzhou Bank has had dragon and tiger list information on January 17, 19 and 20, but only on the 20th, some institutions appeared in the list of buying seats.
In the securities sector, Hualin Securities rose to a stop, Great Wall Securities rose more than 7%, and Guotai Junan, Huatai Securities, GF Securities and Orient Securities rose more than 3%.
On the capital side, Wind data shows that the net inflow of northbound funds today was 12.576 billion yuan, of which the net inflow of Funds in Shanghai Stock Connect was 7.837 billion yuan and the net inflow of Shenzhen Stock Connect funds was 4.740 billion yuan.
This morning, the central bank announced an LPR rate cut, the wide currency signal is strong, and northbound funds also bought tens of billions of yuan, but the number of stocks in the two cities fell by more than 3800. Some professional investors complained that this is the most ironic scene they have seen since entering the industry - the Fed raised interest rates, the People's Bank of China cut interest rates; northbound funds bought wildly, mainland funds sold wildly.
For the reasons for today's market decline, Xia Fengguang, fund manager of the private placement network, said that one is that the market has expectations for interest rate cuts, and it is necessary to see further policy landing in the next two months; the second is the disturbance of overseas policies, in the context of the Fed's tightening policy, the major overseas indexes have fallen relatively large, which will not only affect the action of foreign capital, but also if the Fed continues to raise interest rates, it will also restrict the easing of domestic policies, which in turn will affect expectations; third, the direction of operation of the stock market is affected by multiple mechanisms. Historically, the adjustment of interest rate policy has different market impacts on the day, the market has its own rhythm of operation, the sustainability of interest rate policy and the ultimate impact on the macro economy, it will gradually change the direction of the market.
Changchun High-tech has fallen continuously
In today's declining sectors, metacosm, salt lake lithium extraction, phosphorus chemicals, ULTRA-high voltage, military industry, semiconductors and other sectors fell sharply.
"Northeast Medicine Mao" Changchun High-tech in yesterday's flash crash stop, today's "one-word board" fell to a stop, the whole day fell stop not opened, the turnover of 861 million yuan, the total market value of 82.9 billion yuan. After two consecutive days of falling, the market value of Changchun High-tech evaporated by 19.44 billion yuan in two trading days.
Changchun Gaoxin's consecutive days of falling and stopping is considered to be related to a collection list, and some investors asked Changchun High-tech on the interactive platform today: "It has been so long since the collection and mining, and the company has no plan for this?" ”
Changchun Gaoxin replied that at present, the centralized procurement of drugs has not yet officially started the bidding process, and the specific impact will also depend on the actual participation in the bidding, the results of the selection, the price of the selection, etc., the follow-up matters and the degree of impact on the company are still uncertain, there is no expectation of a serious impact on the company's operating performance, the company will actively pay attention to the follow-up progress, carefully study the relevant documents, and reasonably formulate the implementation plan. In addition, Changchun Gaoxin also said on the interactive platform that the company and its branches and subsidiaries are currently in normal daily production and operation, the team is stable, and the repurchase plan is continuing to be implemented.
Judging from Changchun High-tech's Dragon and Tiger list today, among the top five seats sold, in addition to the net sale of 42.6272 million yuan for the securities business department, the other 4 are institutional seats, with a total net sale of 170 million yuan. Among the buying seats, minsheng securities Harbin branch net purchase exceeded 49 million yuan.
Source: Oriental Fortune Network
The net outflow of main funds exceeded 32 billion yuan
In the case of a net inflow of northbound funds of more than 12.5 billion yuan, from the perspective of the main funds, Wind data shows that the net outflow of the main funds of the two cities is 32.297 billion yuan, 1501 stocks have a net inflow of main funds, and 3107 stocks have a net outflow of main funds.
In terms of industry, Wind data shows that only non-bank finance, banking, household appliances, food and beverage industries in the Shenwan first-level industry have a net inflow of main funds, with net inflows of 4.623 billion yuan, 4.377 billion yuan, 786 million yuan and 718 million yuan respectively, and other industries have net outflows of main funds, and the net outflow of main funds in the electronics, power equipment and media industries is 5.258 billion yuan, 4.550 billion yuan and 4.049 billion yuan.
Today's industry's main capital flows
Source: Wind
In terms of individual stocks, Ping An, Ping An Bank and China Merchants Bank ranked first in terms of net inflows of funds, with net inflows of 1.540 billion yuan, 1.493 billion yuan and 951 million yuan respectively, all of which were large financial stocks. The net outflow of the main funds of Fuxiang Pharmaceutical, AVIC Electromechanical and AVIC Shenfei ranked first, with net outflows of 748 million yuan, 489 million yuan and 461 million yuan respectively.
Today's main capital net inflow amount of the top ten shares
Today's main capital net outflow of the top ten shares
Xia Fengguang said that the recent market trend is generally weak, but structural opportunities are emerging in an endless stream. In the context of long-term capital inflows, it is expected that the index will remain stable overall, and the high-prosperity industry and low-value sector have a good allocation value.
Huaan Securities said that monetary policy and liquidity are in a more positive time window. In addition, with the continuous efforts of stable growth measures, economic growth in the first quarter of 2022 is expected to marginally improve and exceed market expectations. The continuous implementation of the stable growth policy and the marginal good economic expectations will help the spring restless market deduction. The logic of growth and steady growth has been further strengthened, and the risk appetite of the short-term financial sector has increased.
Editor: Li Ruoyu Cao Shuai