The A-share turnover is trillion, and the volume has risen sharply!
Today, A-shares have risen strongly, with all major stock indexes opening high and rising by more than 1%, and the ChiNext index rising by nearly 3%, with a turnover of trillions of yuan.
On the disk, cobalt metal, disperse dyes, e-paper, aquatic products and other sectors rose first, and coal, electricity, oil and other sectors adjusted slightly.
According to Wind's real-time monitoring data, most industries have received a net inflow of main funds today, including automobiles and power equipment industries have received a net inflow of more than 4 billion yuan, electronics has received a net inflow of more than 3 billion yuan, and media, food and beverage, transportation, machinery and equipment and other industries have received a net inflow of more than 2 billion yuan. Only the main capital of public utilities, petroleum and petrochemical, coal and other industries has a small net outflow.
Combined with the intensive disclosure of the annual reports and quarterly reports of listed companies, the market focus may be on the two-way verification of economic data and the fundamentals of listed companies.
Everbright Securities said that from a historical point of view, the duration of the late spring restlessness is not necessarily short, and the increase is not necessarily low, in addition, when the central bank lowered the reserve requirement ratio in the first quarter, the spring market of that year usually performed better. Although this year's spring turmoil started late, the duration of its market and market performance in the future may still be worth looking forward to.
In terms of hot spots, the lithium battery industry chain rose sharply across the board, with cobalt metal, nickel metal, lithium ore, salt lake lithium extraction and other plates all opening high and going high, and the daily K-line closed out the bald and barefoot Zhongyang line.
Hanrui Cobalt and Hezong Technology rose by 20% in a straight line, Xiamen Cinda, Aotejia, Huati Technology and other shares opened with a one-word limit, and more than 10 shares such as Huayou Cobalt also closed strongly.
According to the latest data released by the China Passenger Car Association, from March 1 to March 24, the new energy vehicle market retailed 490,000 units, a year-on-year increase of 39%, and a total of 1.55 million units have been retailed this year, a year-on-year increase of 38%. The China Passenger Car Association predicts that the retail penetration rate of new energy vehicles will reach 45.5% in March.
According to the statistics of Shanghai Nonferrous Metals Network (SMM), the power battery will have a significant effect on destocking in 2023, and as of February this year, the total inventory of power batteries in the battery factory link (ternary + iron and lithium) is 121GWh, compared with 132.7GWh in the same period last year.
In March this year, international investment banks such as Morgan Stanley and JPMorgan Chase upgraded CATL's rating to "overweight", which also boosted investors' confidence that the lithium battery industry had bottomed out.
Everbright Securities said that with the advent of the peak season, the superposition of the "trade-in" policy, the launch of new models by various car companies, and the application of semi-solid-state batteries, the market is expected to rebound in lithium battery recovery. According to Gaogong Lithium Battery, the overall production schedule of lithium batteries in April increased slightly by about 10% month-on-month. The industry inventory is returning to normal, and the profits of leading car companies are expected to bottom out, which in turn will drive the lithium battery industry chain.
The e-paper sector index rose 4.88%, and the transaction volume surged more than 1 times from the previous trading day, hitting a new high in 5 months. All stocks in the sector are red, Hanwang Technology has a strong daily limit, and Qingyue Technology, BOE A, Shenzhen Tianma A and other stocks are among the top gainers.
As a new type of display technology, e-paper has attracted players to flock to the layout, colorization and intelligence have become the focus of a new round of games, and the market size has risen at a rate of more than 40% in recent years. According to RUNTO, the overall market size of the entire e-paper industry chain will reach US$72.3 billion by 2025, with a compound annual growth rate of 68.9%.
Changjiang Securities pointed out that with its comprehensive advantages in eye protection, low power consumption and environmental protection, e-paper technology is expected to gradually accelerate the penetration of the "traditional paper" market in the future, opening up areas not covered by LCD/OLED display technology before. In the future, it is also expected to explore more application scenarios in the fields of automobiles, consumer electronics, decoration, outdoor billboards, etc., and the upper limit of the e-paper industry is huge in the long run.