Today morning, in the group of stocks, led by the collective high opening rebound, A shares as A whole also opened substantially higher, but in the process of the group of stocks rose, small-cap low-priced stocks but A large area of the correction, the market once again index rose, most of the stocks fell in the embarrassing situation. This shows that the outside funds are still more cautious, mainly in the field of funds in the bond stocks and small cap penny stocks between tossing and moving, the formation of seesaw market. Following yesterday’s net inflow, the capital on the north this morning continued to significantly net inflow of more than 5.2 billion.
Liquor shares led the rise of institutions are divided
Early decline of liquor stocks into a huge rebound vanguard today, wine plate index high open high, once up nearly 4% in the session. Shanxi Fenjiu today disclosed the 2020 annual results of the fast report, to achieve earnings per share of 3.58 yuan, year-on-year growth of 57.75% profit, revenue growth of 17.69%. Beijing capital yesterday spent 271 million yuan, adding Shanxi Fenjiu 1.02 million shares, the total position broke through 30 million shares, a new high in more than half a year. In the performance of good and the influx of funds to stimulate, Shanxi Fenjiu morning trading after a high fast trading limit.
Shanxi Fenjiu good performance, the strong trend of the stock price has also greatly encouraged other wine enterprises, ST Waiede, alcoholic wine, Bareun shares have also been strong. Although north shanxi fenjiu liquor and other individual stocks achieved gallons, but overall, the liquor plate is still the capital holdings hard-hit, guizhou moutai yesterday by north big net sales of 1.354 billion yuan of funds, holdings of 686800 shares, this is the north capital holdings 9 consecutive days only since this year the total holdings of more than 7.3 million shares, cash out more than 16 billion yuan. Wuliangye was reduced even more, the current position is less than half the peak.
North funds continued to withdraw significantly, Kweichow Moutai shares under pressure. In the morning, Kweichow Moutai rose more than 3% along with the general market, but when it approached 2000 yuan, the selling pressure appeared again, and the stock price plummeted, which also led to a higher opening and a lower decline in the market, and the Shanghai Composite Index turned green for a time. Wuliangye, Yanghe shares have also been a fast drop in trading.
For liquor stock market trend, institutions have not been as bullish as before the Spring Festival. CICC continues to be firmly optimistic about liquor, that after recent adjustment, China’s liquor high-end leading and most of the sub-high-end companies corresponding to the valuation of this year has fallen, combined with the industry growth rate and the next 3-5 years of certain growth trend, liquor plate has entered the value layout range, the space for decline is limited.
And the view of China Chuang Securities is more cautious, that considering the liquidity tightening expectations, and compared with the horizontal valuation of other industries, liquor sector valuation expansion has not been sustainable, the proposal to reduce the annual expected yield.
Good policy to promote car sales boom
Benefit from a series of promoting policies such as the car to the countryside, the car market sales have been greatly activated, entering this year, sales can be described as explosive growth. China’s total retail sales of passenger cars reached 3.338 million in the first two months of this year, up 69.6% year on year, according to the latest data released by the association yesterday. This is the fastest growth rate since the association started the statistics in 2005. Among them, the retail sales of passenger car market reached 1.177 million in February, a year-on-year increase of more than 370%, and the wholesale sales of new energy passenger vehicles reached 100,000 in February, a year-on-year surge of 640.2%.
Due to the hot sales of new energy vehicles, the price rise of lithium battery industry chain is frequent. Business data shows that from March 9, Sichuanrong lithium carbonate technology price increase, industrial lithium carbonate price and battery level lithium carbonate price increased by 1000 yuan/ton; Qinghai Zhonghong Mining lithium carbonate price also increased, industrial lithium carbonate price increased by 2000 yuan/ton, secondary electricity carbon price increased by 2000 yuan/ton.
Stimulated by the high sales growth rate and the rising price of raw materials in the industry chain, the whole industry chain of the automobile industry is active in the morning. Subdivision plates such as tire pressure monitoring, lithium batteries, charging piles and unmanned driving have soared.
Ka Bei Yi announced yesterday evening that the company plans to sign the “Project Construction Investment Agreement” with the management committee of Benxi Guanyinge Economic Development Zone. According to the investment agreement, the company will invest in the construction project of new energy automobile cable production line within the jurisdiction of the Management Committee of Benxi Guanyinge Economic Development Zone, with a total investment of RMB 240 million. Ka times billion early trading significantly higher and quickly trading, become the only 20% trading stocks in the morning.
Xingyu Co., Ltd. is mainly engaged in the design and sales of automotive lamps and lanterns. Its customers include FAW Group, BMW, Volvo, Jaguar Land Rover and other major vehicle manufacturers at home and abroad. The explosion of car sales also makes the auto parts industry grow rapidly. Xingyu shares today announced the annual results of 2020, the revenue of 7.251 billion yuan, up 19.03% year on year, net profit of 1.157 billion yuan, up 46.45% year on year, earnings per share of 4.19 yuan. Xingyu shares opened today by the daily limit of 10 seconds, closing at 181.39 yuan. In addition, the Great Wall electrician, today Fei Kai Da, Tiancheng automatic control and other auto industry chain stocks in early trading also have a strong limit.
Galaxy Securities believes that this year’s government report mainly focuses on stabilizing automobile consumption and rationally promoting the direction of new energy vehicles under the background of carbon neutrality, which is in line with the actual development of the industry and good for the healthy development of the industry. The auto industry is expected to become one of the first industries to achieve carbon peak and carbon neutrality in China. OEMs suggest paying attention to SAIC, Changan Automobile and Great Wall Motor; Parts suggested to pay attention to Huayu Automobile, Koboda, top group.