U.S. stocks closed lower on Friday. The market closely follows the development of the situation in Ukraine. U.S. Treasury yields took a sharp turn for the worse, with the 10-year Treasury yield falling to 1.934%. Investors continue to digest the highest inflation data in 40 years, which reinforces financial market expectations for the Fed to accelerate monetary policy tightening.
The Chicago Board Options Exchange Volatility Index (VIX), which measures the level of market panic, hit its highest level since Jan. 31.
Intraday, energy stocks bucked the trend, with Karon Oil up more than 7 percent, Western Oil up more than 5 percent, Schlumberger up more than 3 percent and ExxonMobil up more than 2 percent. Large technology stocks fell collectively, the semiconductor sector fell sharply, Meta Platforms fell 3.74%, Amazon fell 3.59%, Microsoft fell 2.43%, Apple fell 2.02%, Chaowei Semiconductor fell 10.01%, Nvidia fell 7.26%, NXP Semiconductors fell 6.18%.
Most of the popular Chinese stocks closed down, with 51Talk up more than 23%, Mushroom Street up more than 16%, Basket Technology up nearly 9%, Tiger Securities and Onion Group up more than 4%, Together Education up nearly 4%, 36Kr, Ucommune Factory up more than 3%.
Dingdong buy food fell nearly 13%, NetEase Youdao fell nearly 10%, Qutoutiao, Good Future fell more than 7%, Shell, the ninth city fell more than 6%, iQiyi fell nearly 6%, Pinduoduo, Huanju Group, Liulishuo fell more than 5%, New Oriental fell 5%, NetEase fell more than 4%, Bilibili, Huya, Jingdong, Autohome, Uxin fell more than 3%, Zhihu fell nearly 3%, Baidu, Jinshan Cloud, Ctrip fell more than 2%, Tencent ADR fell nearly 2%, Gaotu, Vipshop fell more than 1%.
Among the new energy vehicle stocks, Weilai Automobile fell nearly 5%, and Xiaopeng Automobile and Ideal Automobile fell by more than 4%.
The central bank released the fourth quarter of 2021 China's monetary policy implementation report pointed out that in the next stage, the prudent monetary policy should be flexible and moderate, increase cross-cycle adjustment, enhance the stability of the growth of total credit, and maintain the basic match between the growth rate of money supply and social financing scale and nominal economic growth. It is expected that with the further recovery and development of the economy and the continuous enhancement of endogenous growth momentum, the mainland's macro leverage ratio will continue to remain basically stable in 2022.
The China Securities Regulatory Commission (CSRC) issued the Provisions on the Supervision of the Interconnection of Depositary Receipts on Domestic and Foreign Stock Exchanges. The revision mainly includes the following: first, to expand the scope of application, on the domestic side, to include eligible listed companies on the Shenzhen Stock Exchange, and overseas, to Expand to Switzerland and Germany; second, to allow overseas basic securities issuers to raise funds and adopt a market-oriented inquiry mechanism for pricing; third, to optimize the continuous supervision arrangement, and make more optimized and flexible institutional arrangements for continuous supervision such as the disclosure content of the annual report and the disclosure obligation of changes in equity.
On February 11, in accordance with the relevant provisions of the Drug Administration Law, the State Food and Drug Administration conducted emergency review and approval in accordance with the special drug approval procedures, and conditionally approved the import registration of Pfizer's new coronavirus treatment drug nematvir tablets/ritonavir tablets combination packaging (i.e., Paxlovid). This product is an oral small molecule new coronavirus treatment drug, which is used to treat adults with mild to moderate novel coronavirus pneumonia (COVID-19) patients with high-risk factors for progression to severe disease, such as patients with advanced age, chronic kidney disease, diabetes, cardiovascular disease, chronic lung disease and other high-risk factors for severe disease. The State Food and Drug Administration requires the marketing authorization holder to continue to carry out relevant research work, complete the conditional requirements within a time limit, and submit the follow-up research results in a timely manner.
According to data from the Banking and Insurance Regulatory Commission, in the whole year of 2021, commercial banks achieved a cumulative net profit of 2.2 trillion yuan, an increase of 12.6% year-on-year. The average return on capital was 9.64%, down 0.46 percentage points from the end of the previous quarter. The average return on assets was 0.79%, down 0.03 percentage points from the end of the previous quarter.
Cui Dongshu, secretary general of the Association of Passenger Vehicles, said that the national new energy vehicle market is hot in 2021, and according to the data of the Association, the domestic retail sales of new energy vehicles reached 2.99 million units, an increase of 170% year-on-year. Due to the strong demand for terminal new energy, insufficient production capacity, and abundant undelivered car orders (including the large lock price to pass on the cost to the automobile manufacturer), the slight price increase will not seriously affect the overall market demand. In 2022, many car companies have set ambitious production and sales improvement targets, so they are confident that the sales of new energy passenger vehicles will reach about 5.5 million units in 2022, and continue to achieve high growth of about 70%.
US President Biden and Russian President Vladimir Putin had a telephone conversation on the situation in Ukraine on February 12 local time. The Kremlin issued a statement saying that U.S. warnings that "Russia is about to invade Ukraine" had reached "absurd" levels and that the U.S. response to Russia's security assurances proposal ignored Russia's main concerns.
NINGDE Times Statement: It has officially reported a series of malicious rumors to the public security organs
CATL issued a statement today saying that a series of malicious rumors about the recent network platform about the NINGDE era being sanctioned by the United States, being excluded from the ChiNext weight index, and negotiating with Tesla have caused market misunderstandings and distortions and affected the reputation of enterprises. Rumors are unfounded and bad in nature. In order to safeguard the legitimate rights and interests of the enterprise, on February 12, 2022, the company has officially reported the case to the public security organs, and will pursue legal responsibility for the rumor-mongers in accordance with the law.
Gree Electric Appliances: Plans to implement 2021 interim dividends dividends of 10 yuan per 10 shares
Gree Electric Appliance announced in the evening that the company intends to implement the interim dividend in 2021: to all shareholders for every 10 shares of cash dividends of 10 yuan (including tax), do not send bonus shares, do not use the provident fund to increase the share capital, a total of about 5.537 billion yuan of cash dividends.
Hengbao Shares: The company only generates a small amount of business income related to digital yuan
Hengbao shares issued a stock price change announcement that the company around the digital yuan products and solutions carried out a series of layouts and technologies, product reserves, and actively cooperate with customers to carry out pilot scene construction, to achieve the scene landing and a small amount of supply, but because the current digital yuan is still in the pilot stage, the company only generates a small amount of business income related to the digital yuan, has not yet formed a scale, the impact on the company's performance is small.
Boteng Shares: Received a $681 million purchase order from Pfizer's company
Boteng announced that recently, the company received a new batch of "purchase orders" from Pfizer Ireland Pharmaceuticals, a subsidiary of the multinational pharmaceutical company Pfizer Inc. (hereinafter referred to as "Pfizer"), for which the company will provide contract custom research and development and production (CDMO) services. As at the date of this announcement, new orders were received totaling $681 million, more than 50% of the Company's audited operating income for the most recent fiscal year.
Jebsen Shares: Signed a 1.8 billion yuan film and television program licensing contract with Tencent
Jebsen announced that Xinjiang Huaxiu, a holding company, recently signed a "Film and Television Program Authorization Contract" with Tencent, with a contract amount of 1.8 billion yuan (including tax), accounting for 56.54% of the audited operating income in 2020, and the daily operating contract signed by Xinjiang Huaxiu and Tencent is large, which may have a significant impact on the company's operating results.
Wulian Board Yuanlong Yatu: The company's licensed production and sales qualification for the Winter Olympics is not exclusive
As of now, the company has designed, developed and produced more than 600 licensed products for the Beijing 2022 Winter Olympic and Paralympic Winter Games, including the mascot "Ice Pier" and "Snow Rongrong" image of the goods. At present, there are 29 licensed manufacturers and 58 licensed retailers of the Winter Olympics, and the company's licensed production and sales qualifications are not exclusive, and there is uncertainty about whether the company's R&D, production and sales of related Winter Olympic licensed products can continue to sell in the future.
Tongwei performance report: net profit in 2021 increased by 127.35% year-on-year
Tongwei shares disclosed performance express, 2021 net profit of 8.203 billion yuan, an increase of 127.35% year-on-year.
Huaan Securities: Looking forward to the future market, with the approval of domestic Pfizer's new crown treatment drug to boost economic recovery confidence, wide credit exceeded expectations, monetary policy continued to be loose with the maintenance of abundant liquidity, while the peripheral Fed interest rate hike expectations have fully responded in the market, and the follow-up can still actively find ways to grasp the structural market of A shares. The cost performance of the short-term stable growth main line in the configuration is relatively good, and it is still expected to achieve a phased advantage, and in the medium term, with the adjustment of the growth style, the third stage of the growth can be gradually laid out and the valuation market can be gradually laid out.
Zhongtai Securities: After the holiday, in the empty window period of the Federal Reserve's "substantial interest rate hike", the domestic RRR cut and other stable growth policies have been saved, and indicators such as social financing have stabilized, and the market may open the "spring market". The post-holiday market is still the main blue-chip line. In terms of specific allocation, the low-valued blue chip still adheres to three lines: 1. Securities companies; 2. Central enterprises related to high dividends and national reform, especially: railways, electric power and other central financial power directions; 3, green electricity. At the same time, some of the medicines related to the epidemic, such as ventilators and vaccines, have also entered the configuration range.
Huaxi Securities: The current A-shares are still in a period of shock and repeated grinding. The adjustment of the A-share high-valuation boom track is a "spring chill" after the previous general rise, and many factors restricting the strengthening of the A-share market need to be gradually digested. In a slightly longer period of time, A shares are in the strategic layout stage. In terms of allocation, pay attention to two main lines of investment: one is the policy "steady growth" allocation varieties, such as "banks, real estate, building materials and buildings"; the other is to benefit from price increases (price increases) expected, "food and beverage, aquaculture, agricultural products" and so on. In terms of themes, we pay attention to "new energy (vehicles), digital economy, seed industry" and so on.
