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Original title: Suddenly, big news came from overseas, and A-shares dived in late trading!
Original title: Securities Star
Today, the large and small indexes all weakened. The individual stocks of the two cities were less red and green, and the turnover exceeded 1.3 trillion yuan, which exceeded one trillion yuan for 27 consecutive trading days.
The major consumer sectors such as winemaking, food and beverage, medicine and medical treatment on the disk became the main force of the decline. At the same time, the cyclical sectors such as steel, coal, and non-ferrous metals strengthened collectively. In addition, the concept of industrial master machines is making a comeback,East China CNC5Connecting board,Guosheng Zhikereceive20cmDaily limit.
As of the close, the Shanghai stock index rose and fell1.09%, To receive3501Point; Shenzhen Component Index fell1.92%, To receive14415Point; GEM refers to2.51%, To receive3264point.Small net purchases of northbound funds throughout the day12.29100 million yuan, of which Shanghai Stock Connect net purchase18.08100 million yuan, Shenzhen Stock Connect net sell5.79100 million yuan.
South Korea officially announced a rate hike
Tonight, Jackson Hole’s annual meeting of global central banks will be held soon.In this context, the Bank of Korea suddenly announced today that the key interest rate will be reduced from0.50%Up to0.75%Since then, South Korea has become the first developed economy to announce an interest rate hike, and it is also the first major economy in Asia to withdraw from easing policies.
The Bank of Korea stated in the resolution statement that it will gradually adjust the degree of policy easing along with economic growth, and will continue to monitor the spread of the new crown virus, economic growth and inflation.
In this regard, some analysts pointed out that this move indicates that the focus of the Bank of Korea’s monetary policy has shifted from supporting the economy to suppressing debt-driven asset bubbles, which are now at risk of getting out of control.
This move by the Bank of Korea can be said to have caused a wave of waves with one stone. Originally, the market generally expected that the Fed would not take major actions immediately at the annual meeting of the Central Bank.9At the monthly interest rate meeting, and today the Bank of Korea suddenly announced an interest rate hike, it is possible that this judgment may be shaken.
At the same time, although many analysts believe that the Fed’s interest rate hike will not be worth discussing until next year, the sudden action of the Bank of Korea makes people speculate that the global central bank meeting may not be as calm as the market originally expected.
Faced with this news, domestic investors are most concerned aboutAThe impact of shares. In fact, domestic investors do not have to worry too much about the relevant impact. In the face of the increasingly complex external environment, the central bank of our country has already predicted it.
At the previous symposium on the analysis of the monetary and credit situation of financial institutions in the central bank, the meeting pointed out that “the external environment has become more severe and complex, and the domestic economic recovery is still unstable and uneven.” In this context, “maintaining stable credit growth still requires effort”.
The meeting also emphasized that it is necessary to promote the decline of real loan interest rates, and the comprehensive financing costs of small and micro enterprises have been steadily reduced. It is necessary to continue to promote the replenishment of bank capital and improve the ability of banks to provide credit.
So judging from these statements, my country’s monetary policy will still remain relatively loose.That is to say todayAThere is not much close correlation between the stock market’s decline and South Korea’s interest rate hike.
The two “big brothers” collectively smashed
So since it has little to do with South Korea’s interest rate hike,AWhy did the three major stock indexes undergo a collective adjustment today?
It’s worth noting that as the vane of liquor and consumptionKweichow MoutaiA piece of bad news was exposed, causing pessimism in the entire consumer sector to spread.
According to media reports, with the advent of the Mid-Autumn Festival and the National Day “Double Festival”, Moutai Distillery has introduced a number of measures to curb the skyrocketing wine prices and maintain the normal market price system, including the strict implementation of the “three100%“, increase the proportion of retail, strengthen service and atmosphere creation, and epidemic prevention work.
However, it is worth noting that according to China Business News, Kweichow Moutai responded that neither the ex-factory price nor the terminal guidance price has changed.
At the same time, as the wind vane of lithium battery new energyNingde eraToday is also staged a long-short game, and finally closed down.
As for the reason, it should be related to the reduction of shareholders’ holdings and the decline in gross profit margin.
8moon25In the evening, CATL released2021In the semi-annual report, the company’s operating income for the first half of the year was440.75Billion yuan, a year-on-year increase134.07%.The net profit attributable to shareholders of the listed company is44.84Billion yuan, a year-on-year increase131.45%。
This kind of growth rate is naturally “smiling” on other companies, but for a company like the Ningde era that is expected to be full, such a growth rate can only be said to be quite satisfactory.
However, compared to the growth rate, what is more worthy of attention is Hillhouse’s reduction in holdings and the decline in product gross profit margin.Among them, Hillhouse reduced its holdings nearly800Ten thousand shares, cash out nearly40100 million.The report also showed that the gross profit margin of the power battery system of CATL in the first half of this year was23%, The same period last year26.5%,going down3.5Percentage points.
AStock market outlook
In the short term, the uncertainty of policy may inhibit the risk appetite of foreign capital.AThe risk premium of stocks has risen, and the policies of “common prosperity” and “specialization, special innovation” will strengthen the main line of small-cap growth. At present, the cycle, consumption, and technology rotation are the main characteristics of the market. The market outlook is likely to continue to maintain the rhythm of the sector rotation. Caution should be taken for the lithium battery, semiconductor and other sectors that are already at a high level.
With the disclosure of the interim report entering the final stage, the market’s expectations for the peak of profit growth will increase, and the future will inevitably turn into turbulence. You can consider gradually increasing the sector with a stable growth style to maintain a balanced allocation of growth and value.
Sina’s statement: This news is reprinted from Sina’s cooperative media. The publication of this article on Sina.com for the purpose of transmitting more information does not mean that it agrees with its views or confirms its description. Article content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.
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