On November 4, the three major A-share indexes continued to rise during the intraday session, and collectively closed up. The Shenzhen Component Index performed strongly. As of the close,The Shanghai Composite IndexUp 0.81%,Shenzhen Component IndexUp 1.3%,Growth Enterprise Market IndexUp by 1.06%; the total turnover of the Shanghai and Shenzhen markets was 1.078711 billion yuan, and the turnover of the two cities exceeded 1 trillion yuan for the 10th consecutive trading day; overall, the stocks of the two cities rose generally, with 3,311 stocks rising.
Senior of Jinbailin ConsultingAnalystQin Hong believes that on Thursday, the A-share market showed a general upward trend. Not only did the major indexes show a strong rise in the market, but also, except for the adjustment of a few sectors such as coal and CRO, most industry sectors showed a recovery trend, especially New energy and power stocks such as military industry stocks, meta-universe sector stocks, and wind power have continued to be active and have formed a good profit demonstration effect, which is expected to attract more buying forces influx.
On November 3, the northbound funds purchased a net 1.205 billion yuan, of which,Shanghai Stock ConnectThe net purchase amount reached -40.42 million yuan,Shenzhen Stock ConnectThe net purchase amount reached 1.246 billion yuan.
From the perspective of the Shenwan Industry Index, 22 categories of industries rose, among which, automotive (3.44%),food and drinkIndices of four industries (3.25%), electrical equipment (2.47%), and communications (2.07%) all increased by more than 2%, and six industries fell, with mining leading the way, with a decline of 1.12%.
Watchmaking: Zhao Ziqiang
In terms of hot spots, the meta universe continues to expand, and the voice of caution gradually rises.
Today, the meta-universe concept once again leads the rise,Jiachuang VideoandZhongqingbaoClose the 20CM daily limit,Hide TenkaandYishang ShowHarvest 10CM daily limit. There are 6 stocks whose stock prices have risen by more than 10% in the past 3 days. It is worth noting thatZhongqingbaoIt has risen by 82.89% in 4 trading days.Related meta-universal targets have also been gathered by institutionsResearch,in,Goertek(002241.SZ) even received 429 surveys from 429 institutions within a week (October 25-October 31), which shows the degree of popularity.
one day ago,MicrosoftPresident BradSmithTo put it bluntly, all technology giants will enter the meta universe, Facebook,Microsoft, Google, and other companies may develop their own versions. Shortly before the above remarks, Facebook changed its name to “Meta” to pay tribute to Metaverse. This series of operations rescued the meta-universe that was so aesthetically fatigued.
Facebook CEO Zuckerberg also opened up and said that it is Meta Universe, and half a year ago stated that he would transform into a Meta Universe company within 5 years. There are also reports that FacebookExecutivesJason Rubin even proposed a detailed plan for the “meta universe” three years ago. In this way, it is not surprising that Facebook changed its name to “Meta”.
Tonglian Data senior industry research expert Wang Min said that in the Internet era, Facebook establishes human-to-human connections through social networking sites. In the next era, with the support of 5G, AI and other basic technologies and hardware products, the medium of connection will undergo revolutionary changes through VR. /AR equipment will establish connections in the virtual world, and the dimension will not be limited to communication. In the future, Metaverse will migrate various scenes from the real world to the virtual world, which will be a big opportunity for the entire TMT industry.
Fiery is indeed fiery, but investment still needs to be cautious. The CTO of a leading Internet company in Beijing said that the development of Metaverse is still at an early stage, and the time required for technology research and development is still uncertain. “From the perspective of Metaverse and the virtual reality-related industries involved, there are still blind spots in legal supervision, and there may be uncertain legal supervision risks. In addition, for participants, the intensified market competition leads to risks such as lower returns than expected. Also need to be vigilant.”
Industry veterans said that although the prospects of Metaverse are very attractive, it is a big investment cycle; it will take a long time to realize from the rise of the current Metaverse concept to the actual penetration of the scenes of production and life.Moreover, the initial products of Meta Universe are often controversial, which leads to related listed companies’ disputes.PerformanceThere is a strong uncertainty; “The concept of the meta universe is indeed very full, but the process may be very skinny; the last of the current batch of meta universe concept stocks will be able to run out, there is a great uncertainty; therefore, investors Need to be treated with caution”.
23 wind energy concept stocks have their daily limit, and their growth continues to strengthen.
The dual-carbon policy system continues to improve, and there is huge room for wind power installed capacity growth. The continuous improvement of the domestic dual-carbon “1+N” policy system is expected to underpin the medium and long-term growth expectations of new energy. We expect the dual-carbon target to imply an average annual wind power installed capacity requirement of 43/ 55GW, it is expected to further exceed expectations under the promotion of supporting policies.At the same time, the country is accelerating the construction of the first phase of about 100GW of large-scale wind and solar base projects. The large-scale base projects are expected to become the growth of wind power installations during the “14th Five-Year Plan” period.Main force, The growth potential is huge.
CITIC SecuritiesSaid that wind power accelerates cost reduction and efficiency increase to stimulate demand, and the industry chain is expected to achieve accelerated growth.The whole machine link: Recommend to have the large-megawatt model R&D efficiency and share advantage to improve the potentialGoldwind Technology, It is recommended to pay attention toYunda shares、Electric wind power; Parts link: Leading manufacturers with advantages in technology, cost, customers, etc., are expected to benefit from global share substitution and technology upgrades to optimize long-term competitiveness and growth space. RecommendTianshun Wind Energy(Tower),Oriental Cable(Submarine cable),Riyue shares(casting),Sinoma Technology(Leaf, etc.), it is recommended to pay attentionXinqianglian(Bearing),The vast number of special materials(Casting + gear steel),Jinlei shares(Spindle),China United(lift),Daikin Heavy Industry(Tower),Hewang Electric(Converter).
Zhongtai SecuritiesSaid that taking into account the sea breeze, the second wave of onshore installations, large base projects and the opening of the parity cycle, the demand in 2021 may reach more than 50GW (the demand for the industry chain has increased year-on-year), and the current public bidding and bidding projects in 2021 have reached 29.82GW. In January-September, the newly installed capacity of wind power was 16.43GW, an increase of 26%, which also proved this judgment. The recent decline in bulk prices has also dispelled the market’s concerns about costs. The complete machine link in the wind power industry chain is highly flexible, and the performance of the parts and components link is highly certain. In addition, the current wind power business cycle has a clear trend of large-scale, which has an impact on the industry chain. It is far-reaching and worthy of attention. The median value of the current industry in 2021 is 24 times, and the price/performance ratio is relatively high. Highly recommented:Riyue shares、Tianshun Wind Energy、Goldwind Technology、Mingyang SmartEtc. It is recommended to pay attention to:Xinqianglian、Oriental Cable、Yunda sharesWait.
Regarding the next investment opportunities in A shares, the institutional views are as follows:
Qin Hong, senior analyst at Jinbailin Consulting:The continuously rising K-line pattern not only shows that the buying power continues to increase, but also shows that the difficulty of operation is decreasing. As long as you buy and hold the mainline varieties with strong certainty of performance growth in the coming year, you can quickly show floating profits, which has a positive and positive stimulus effect on wait-and-see funds. Therefore, the follow-up buying power is still expected to continue to heat up, which is expected to push the A-share market’s center of gravity further upward.
Liu Wenting, Researcher of Private Equity Painet:Because the market is rightMidlandChu Taper had already expected, and the boots were in line with expectations, so the impact on A shares was limited. At present, under the trouble of economic downward pressure and cyclical price fluctuations, market risk appetite is low, investor sentiment is more cautious, and defensive mentality is dominant, which has resulted in the current weak and turbulent pattern of the market.In the short term, we still maintain a cautious attitude, the global lowinterest rateThe follow-up environment is difficult to sustain. Growth stocks will face certain valuation pressures, and cyclical stocks are at high valuations. It is difficult for the market to have sustainable hot spots.
Fangxin WealthfundManager Hao Xinming:At the current valuation level, funds do not have enough motivation to promote the overall upward trend of the market. Existing funds are seeking a relatively more cost-effective direction among different styles of sectors to play games, and flow from low-prosperity industries to high-prosperity industries. Ebb and flow is reflected in the index, which is a shock. Today’s market performance is still dominated by the oversold rebound of the new energy powerhouse Hengqiang and the consumer track. In the future, the market will remain range-bound, and it is more likely that the valuation will be digested by the way of time and space.
Rong Jie, Manager of Honghan Investment Fund:From the index point of view, the growth index appears to be better than the CSI 100+CSI 300The signs of the index; structurally, new energy related is undoubtedly the most stable and strong, the second category of characteristics of electronics, military industry has appeared the characteristics of long entry, the bottom of the big consumption related to the final confirmation of the bottom requires the overall market force. The market is not easy to rebound quickly, and it takes time to finally confirm the bottom at the index level.
Zhao Yuanyuan, Investment Director of Jianhong Times:MidlandChu Taper landed, and the pace was in line with market expectations. Coupled with the expected postponement of the interest rate hike time, the US market closed at a red market yesterday. This also means that even if the inflow of foreign capital slows down in the future, it will be a very slow process and will not have a directional impact on A shares.Currently pedestriancurrencyThe attitude is completely neutral, and the stable international and domestic liquidity will make the overall trend of the index show a narrow range in the fourth quarter.
Ma Cheng, Chairman of Juze Investment:MidlandThe reduction in debt purchases will obviously affect the risk appetite of the global capital market, and it will also have a negative impact on the operation of my country’s A-shares, but the impact will not be too great. The main reason is that the current overall valuation of my country’s A-shares is not high. , And even some core sectors such asinsurance、Bank、Brokerage, Construction valuation is still quite low.Looking at the next market situation, if the US and Europe raise interest rates, the market configuration will shiftfood and drinkThere are two main factors for the defensive sectors such as wine, wine, and medicine. First, these traditional white horse sectors have been close to one year since the adjustment at the beginning of the year. The valuation bubble has been partially digested, and some varieties have reached the redistribution range.Second, some food companies have recently sufferedPPIThe value transmission cost increase factor has already started a wave of price increases, so at this point in time, it is completely correct to increase the configuration of the consumer sector.
(Source: Voice of Securities Daily)
.