Broader market view
On Thursday, the index continued Wednesday's rally, with industry sectors rising less and falling more, and the money-making effect worse. Northbound funds bought a net of 1.72 billion yuan. On the surface, the new energy, gold and fertilizer sectors rose in the front; the tourism hotel and cultural media sectors fell in the front.
The data shows that the retail sales of new energy passenger cars in January increased by 132% year-on-year, stimulating the new energy track to continue to rise sharply. The new energy track is expected to benefit from a new round of new infrastructure investment, and is optimistic about the future market individuals. Affected by the situation in Ukraine, gold stocks benefited from risk aversion and rebounded sharply in the afternoon. Gold sector stock prices are at a relatively low level, stock price trends are greatly affected by gold futures, the current gold futures contract rose for three consecutive weeks, it is recommended to pay attention to gold futures dynamics. The global shortage of fertilizer supply and soaring prices have led to a top increase in the fertilizer sector.
The fertilizer sector is trending downwards, and the short-term pull-up can be seen as an oversold rebound, paying attention to the risk of chasing up. Dragged down by the repeated outbreaks of the epidemic, the tourism hotel sector fell sharply. Tourist hotels short-term funds speculation after the epidemic economic recovery market, stock prices rose too fast, it is recommended to wait for investment opportunities after the stock price stabilized. On Wednesday night, the meta-universe leader Robles plunged 26.51%, and the cultural media sector that benefited from the speculation of the meta-universe fell sharply in the early stage, and it is recommended to wait for the stop signal.
Focus on an industry or sector
New energy infrastructure
Since the beginning of the year, as of February 16, many places have released a list of major project investments in 2022, with a total investment of at least more than 25 trillion yuan. The investment list of major projects in various places has been released one after another, and new infrastructure, transportation, energy, supporting facilities in the park and major people's livelihood infrastructure are the focus of investment in various places.
2022 is the construction year of the new energy infrastructure industry, it is recommended to pay attention to the application level of electricity cleaning, and the application level such as electric vehicles and charging piles has a huge market space. According to a new study by United Market Research, the valuation of the global electric vehicle market will increase fivefold to $823.74 billion by 2030. As of August 2021, there are 985,000 public charging piles and 1,065,000 private charging piles. It is estimated that by 2025, the number of public charging piles and private charging piles in the mainland will increase by more than 6.3 million units, and the investment scale will reach 179.445 billion yuan by 2025. Musk said Tesla will build a second factory in China, and investment opportunities in related industrial chains are expected to continue to benefit.
At present, the average PE of electric vehicles is 95.8, the valuation level is at the historical percentile of 64.8%, the undervaluation threshold and the overvaluation threshold are 21 and 122, and the median is near 71.5. Judging from the historical trend of the sharp correction of the electric vehicle industry index in early 2021, the killing lasted for about three months, with a range of about 21%. Since November 2021, the length of this round of decline has reached 3 months, and the pullback is about 24%, so the time for this round of adjustment is relatively sufficient and the amplitude is comparable. The historical stock price trend of charging piles and the trend of electric vehicles are basically the same.
Pay attention to the risks of the popularity of new energy vehicles falling short of expectations and the implementation of policies falling short of expectations.
Risk Warning: The above only represents personal views, the information contained is derived from public information, the stocks mentioned do not promise the possibility of profit, and do not assume any responsibility for any losses arising from the use of this view. Investment is risky, and you need to be cautious when entering the market.