Text | Zhao Ziqiang
At the close of today, the three major A-share indexes rose and fell, the Shanghai Index and the Shenzhen Component Index closed slightly higher, and the ChiNext Index closed in the green market. The turnover of the two cities exceeded 1.34 trillion yuan, the industry sector rose less and fell more, and the phosphorus chemical, petroleum mining and fluorine chemical industry led the rise. Northbound funds bought more than $6 billion net today.
Overall, individual stocks in the two cities fell more and rose less.
From the perspective of hot plates, the top 10 sectors of the increase list show that chemicals and raw materials are more concerned, and the industrial mother machine also continued Thursday's rise. Phosphorus chemical industry ranked first, the past 5 days rose by 14.61%, showing that the strength has continued for a period of time, the plate DDE net inflow of 1.362 billion yuan, including Chuanjinnuo, Yuntianhua and Chuanheng shares, including 11 stocks up and down.
On the capital side, the sector showed a net inflow of DDE large single funds, with a total net inflow of 1.362 billion yuan, with a net inflow of 24 individual stocks, of which Yuntianhua (402 million yuan), Chuanfa Longmona (169 million yuan), Luoyang Molybdenum (160 million yuan), Yuntu Holdings (134 million yuan), Xinyangfeng (120 million yuan), Chuanjinnuo (101 million yuan) and other 6 individual stocks DDE capital inflow exceeded 100 million yuan, totaling 1.086 billion yuan.
On the news side, on August 25, the Ministry of Industry and Information Technology said in the letter on the reply to proposal No. 2499 of the fourth meeting of the 13th National Committee of the Chinese People's Political Consultative Conference that the Ministry of Industry and Information Technology will promote the comprehensive improvement of the phosphate compound fertilizer industry from agglomeration development to cluster development, accelerate the cultivation of a number of internationally competitive advanced manufacturing clusters, further refine the industry's green manufacturing standards, and increase support for the research and development and promotion of green phosphorus compound fertilizer and new fertilizer products.
At the same time as policy support, the greater help for the rise of phosphorus chemical industry comes from the "Ning era". Investors may be a little confused, "Ning era" should not be related to new energy vehicles, lithium batteries, lithium resources? When did phosphorus chemical industry enter the "Ning era" camp? There are two main types of common lithium batteries, lithium iron phosphate and ternary polymer lithium batteries, which are named according to the substances used in cathode materials. The first two words in lithium iron phosphate here, "phosphoric acid", clearly contain phosphorus chemical figures. Since last year, the Ningde era has cut into the domestic Tesla supply chain, providing lithium iron phosphate batteries for the standard endurance Model 3, and on July 8 this year, the standard endurance version of Model Y was launched, and also used the lithium iron phosphate battery of the Ningde era.
Everbright Securities also said that with the continuous increase in demand for lithium battery materials in the downstream new energy field, the corresponding demand for upstream phosphate ore, ammonium phosphate, phosphoric acid and other raw materials is also increasing, and phosphorus chemical enterprises with phosphate resources and industrial chain integration advantages will obtain a higher level of profitability.
Wanlian Securities believes that traditional chemical leaders have successively cut into the new energy materials track to seek transformation and upgrading: based on the high growth of the upstream core raw material market demand in the new energy era, and the necessity of seeking capital expenditure transformation to break the bottleneck of operation in the context of carbon neutrality, various traditional chemical leading enterprises have recently entered the new energy materials track. There are three reasons why we are optimistic about its successful transformation: 1. The cost advantage of leading enterprises with raw material production capacity is significant; 2. leading enterprises have more scale advantages; 3. leading enterprises are chemical synthesis and chemical processes are mature. Not only that, we also believe that the chemical leader cutting into the new energy track will form a positive impact on itself to lengthen the boom cycle and increase the valuation, from the existing situation, phosphorus chemical industry may be the first to cut into the downstream lithium iron phosphate track segment.
Debon Securities said that with the downstream new energy automobile industry demand outbreak, the scarcity of phosphate rock attributes gradually appeared, Xingfa Group as a domestic phosphorus chemical giant, the industrial chain integration advantages are significant, the future rapid release of electronic chemicals will also give the company a strong growth attributes, it is recommended to focus on: Xingfa Group.
futures
The world's most important commodities are mainly rising
Domestic futures heat threads rank first
The dollar index declined slightly
The five major private placements look at the future market
Zhao Yuanyuan, investment director of Jianhong Times: I personally expect that the next RRR cut will be around November, and the currency will remain neutral in the next month, so the index may maintain a range-bound state during the period again. The mid- and mid-cap index may be relatively strong amid lower interest rate shocks that enhance market risk appetite and fed tapers expect strong northbound inflows to slow. Yesterday's correction in the index echoed the appreciation of the dollar against the renminbi and the correction of us Treasuries, and was more of an early reaction to powell's possible tightening remarks at the jackson hole central bank's annual meeting on Friday night. Personal judgment in the US epidemic environment, Powell will not express too hawkish ideas, this small adjustment is an opportunity to build a position in growth stocks. In the short term, we can pay attention to small metals related to new energy and chemical varieties with increasing prices.
Xia Fengguang, fund manager of the private placement network: The index rebounded this week, but the industry and sector trends are still differentiated, in fact, this structural market has continued for several months. This reflects the entanglement and contradictions in the fundamentals, on the one hand, the economic growth rate has begun to decline, on the other hand, the micro-enterprise profit is still rising. Monetary policy is tight and loose, and management tries to implement reverse cycle hedging through more precise regulation. It is expected that the situation in the third and fourth quarters is difficult to have large systemic opportunities, but there are still many structural opportunities, in addition to a small number of segmented leading companies with outstanding growth, industry opportunities can mainly focus on the average historical valuation level, the market bias is deeper, the fund is under-allocated, but some industries in the third and fourth quarters have driving factors, such as environmental protection, securities, banks, real estate, etc.
Huang Jiefeng, investment fund manager of Wolong Chuangxin: At present, the domestic capital market is in the stage of structural reshaping, on the one hand, the Fed's monetary policy tightening expectations and global geopolitical impact have significantly reduced the market wind bias; on the other hand, with the disclosure of the three quarterly reports, the weights or performance of consumer medicines are not as expected, or face policy risks, which form a significant suppression of the index, and the resonance of multiple factors leads to a chaotic market pattern, and the power of funds is dispersed. However, the domestic economy is full of resilience, and the market capital is relatively good, so although the market has been suppressed, the downside is also limited. In the context of the current structural market, there are still many opportunities, such as new energy, resources and other high-prosperity industry core stocks still maintain strong resilience, continue to be favored by funds. Therefore, investors should focus on tracking industry fundamentals, looking for high-boom tracks, and selecting the best of the best.
Liu Huiming, manager of Honghan Investment Fund: The market maintained a shock on Friday, new energy vehicles, the cyclical sector performed actively, the military industry pulled back, and the trading volume shrank slightly. Recently, the market turnover has continued to exceed one trillion yuan, showing that the overall heat of the market is relatively high, and the popular industries include the upstream of new energy vehicles, photovoltaics, and high-end manufacturing, while the performance of blue-chip stocks is weak. The biggest point of interest in today's market is the correction of yesterday's decline in blue-chip varieties, the stability of weighted blue-chip varieties is one of the foundations of the spread of bulls, today's correction momentum can appear at least to show that there are funds willing to try to buy, next week is still a time to test the color of the bulls; structurally, the second type of characteristics of the industry in the non-ferrous, mining and other cyclical products have signs of accelerated rushing higher, we must pay attention to the risk of adjustment; the future weighted varieties stabilize, The average daily average of more than 1.2 trillion yuan, under this only two basis, the market has no lack of obvious structural characteristics, and there are more opportunities that can be tapped related to the upgrading of the manufacturing industry. Overall, we judge that the follow-up market will still maintain the current trend, and it is difficult for the index as a whole to get out of the sharp rebound market to avoid chasing up and killing down.
Fangxin Wealth Investment Fund Manager Hao Xinming: Today's market is still a trend of structural differentiation, the main board closed up and fell, the hot main line is concentrated in lithium batteries and photovoltaics, the non-ferrous and chemical industry with good performance in the report are also performed, I see that the characteristics of strong stocks are high industry prosperity, strong performance outbreak, large future expectations, etc., and in style, small and medium-cap stocks began to be stronger than the large-cap blue chips, and the next market, for the growth of small and medium-sized stocks in the high boom track.
Image | Baotu Network production | Zhang Xin Edited | Shangguan Monroe
Audit | Zhang Ying finally | Ma Fangye