Quick news: pharmaceutical manufacturing stocks bucked the trend and raised the tide of fluctuation! Trading limit of more than 15 stocks

category:Finance
 Quick news: pharmaceutical manufacturing stocks bucked the trend and raised the tide of fluctuation! Trading limit of more than 15 stocks


With the rapid and effective control of the epidemic and better progress than people expected, the operation logic of the plate is more back to its own fundamentals. At the stage when the epidemic is under control and the market rebounds, the performance of medicine and biology is behind, while that of catering tourism and transportation industry is ahead. The current market performance is driven by sentiment. The impact of the new coronavirus on the market may be more short-term disturbance than long-term logic. If the short-term stock market impact is too large, it may bring the market investment opportunities.

According to the analysis of the report by Chen long team of Zhongtai securities, according to the division, the plates of medicine, public utilities, chemical industry, food and beverage performed better in the outbreak period. In the outbreak period (2003 / 04 / 16-2003 / 04 / 30), the relative cumulative excess yield of the pharmaceutical sector was the highest, which was 7.21%, far higher than other consumer sectors. Compared with other sectors, the pharmaceutical sector is affected by the cognition of various virus prevention and control means circulated in the market during the outbreak period, and is sought after by short-term thematic investment funds.

Peripheral: global asset performance during the holiday: the A50 Index fell by more than 7%, the Hang Seng Index fell by 5.7%, the US stock index and the S & P 500 index fell by more than 3%, and bitcoin rose by more than 11%.

On the news: 1. Today, the central bank will launch 1.2 trillion yuan of open market reverse repo operation to invest funds, with liquidity of 900 billion yuan more than that of the same period last year. 2. National Health and Health Commission: as of 24:00 on February 2, 2829 new cases of crown pneumonia have been added nationwide, and 17205 confirmed cases have been reported in total. 3. The Ministry of industry and information technology, the Ministry of Finance and other departments increased the organization of production support for epidemic prevention materials, and increased credit support for key production enterprises of epidemic prevention materials. 4. CSRC: for the possible changes in A-share market after the opening of the market, relevant departments will issue and study hedging tools; the epidemic will not change the long-term trend. 5. This week, a total of 85 companies lifted the ban on restricted shares in succession, with a total of 9.150 billion shares lifted. According to the closing price on January 23, the market value of the lifting was 127.7 billion yuan. 6. According to 21 finance and economics, China Securities Regulatory Commission yesterday issued a notice to a number of securities companies to suspend the sale of securities lending business from February 3, 2020.

Haitong Securities: the new crown pneumonia will not change the bull market trend. In history, the end of the bull market came from a significant turn in policy or fundamentals. The impact of this epidemic on fundamentals is similar to that of SARS in 2003, which is short-term. During the SARS epidemic, the number of newly confirmed and suspected cases per day peaked and fell when the market was closed on May 1. The low point set by the Shanghai Composite Index in the intraday on April 28 was the bottom of the epidemic situation. When the adjustment brought about by this epidemic will see the lowest point, we need to further observe the number of new cases per day. After seeing the low point, the market still needs a period of consolidation and digestion, waiting for the epidemic to be completely controlled.

CITIC Securities: the short-term adjustment caused by the epidemic is expected to be less than the decline of the peripheral market during the Spring Festival. The pace of rapid excavation and slow grinding is fast, and the rapid adjustment rate will end in a week. February will be the golden pit on the way of well-off cattle, which is the best allocation time point of the whole year. As the economy returns to normal gradually in the second quarter, the well-off cattle rate will be officially opened around the two sessions, and the short-term transaction and long-term allocation opportunities coexist.

Shanxi Securities: at present, the outbreak is still at its peak. Who defines the outbreak as pheic. During the holiday period, the markets of other major economies all fell, and A50 futures fell 7%. It is expected that the short-term panic will dominate the market trend, and the opening rate of a shares after the holiday will fall inertia. It is recommended to be cautious. The trend of the outbreak is not clear, and it is not recommended to copy the bottom near this location After the emotional catharsis, the market is expected to return to rationality, reconsider the substantial impact of the epidemic on the macro economy and the fundamentals of listed companies to adjust asset pricing, and return to the pricing system of fundamentals, liquidity and risk preference. We should continue to follow up such important indicators as high-frequency economic data, changes in monetary and fiscal policy ends.

Shenguang finance and Economics: affected by the epidemic situation, the opening rate of A shares after the festival will be adjusted in stages. The space and time of the callback mainly depends on the duration of the epidemic situation and the change of the confirmed data. However, the sharper the decline, the more precious the golden pit allocation opportunities will be brought to the market. After all, the cheaper the core assets in China are, the capital in the North has been covetously, and pension funds and social security funds will not miss such a good opportunity to copy the bottom. Therefore, investors with low positions need to take advantage of the opportunity to absorb high-quality stocks with medium and long-term investment. There are two ways to choose low absorption: first, technology growth stocks: from the perspective of the impact of the epidemic, technology enterprises are less affected by the epidemic. The main force of institutions before the festival is stationed in this sector. Considering that technology is still the main battlefield of Chinas future economic development, once the epidemic is over, the markets approximate rate still follows the original boom line. Focus on: 5g industry chain, apple mobile industry chain, Tesla industry chain. Second tier Economy: Although consumer stocks are in the worst hit area at this stage, once the epidemic situation is under control, a good company that has been wrongly killed will definitely get retaliatory growth. In addition, affected by the epidemic situation, it cant go out. Here, the demand for offline consumption mainly turns to online, including online games, live video, online shopping, online education, online office, online medical treatment, robotic OEM Big health (vitamin companies that improve immunity) and so on may be favored by new funds, and also worth bargain hunting. Source: Netease Financial Editor: Guo Chenqi, nbj9931

Shenguang finance and Economics: affected by the epidemic situation, the opening rate of A shares after the festival will be adjusted in stages. The space and time of the callback mainly depends on the duration of the epidemic situation and the change of the confirmed data. However, the sharper the decline, the more precious the golden pit allocation opportunities will be brought to the market. After all, the cheaper the core assets in China are, the capital in the North has been covetously, and pension funds and social security funds will not miss such a good opportunity to copy the bottom. Therefore, investors with low positions need to take advantage of the opportunity to absorb high-quality stocks with medium and long-term investment. There are two ways to choose low absorption: first, technology growth stocks: from the perspective of the impact of the epidemic, technology enterprises are less affected by the epidemic. The main force of institutions before the festival is stationed in this sector. Considering that technology is still the main battlefield of Chinas future economic development, once the epidemic is over, the markets approximate rate still follows the original boom line. Focus on: 5g industry chain, apple mobile industry chain, Tesla industry chain. Second tier Economy: Although consumer stocks are in the worst hit area at this stage, once the epidemic situation is under control, a good company that has been wrongly killed will definitely get retaliatory growth. In addition, affected by the epidemic situation, it cant go out. Here, the demand for offline consumption mainly turns to online, including online games, live video, online shopping, online education, online office, online medical treatment, robotic OEM Big health (vitamin companies that improve immunity) and so on may be favored by new funds, and also worth bargain hunting.