As the external market was turbulent, A shares once again performed an independent market in early trading on July 14, and the GEM index rose more than 3% to regain the 2,800-point mark.
Wind data shows that as of midday closing, , Shanghai Composite Index , Shenzhen Composite Component Index, and GEM Index rose by 0.31%, 1.26%, and 3.03% respectively.
Image source: Wind
Technology growth directions such as power equipment, national defense and military industry, and communications have once again strengthened, with energy storage, photovoltaic inverter and other new energy concept sectors leading the gains; the value style has declined, and banks, real estate and other sectors have made significant corrections.
According to CCTV news, Ukrainian President Zelenskiy declared on the 13th local time that Ukraine will take very severe measures at all levels against North Korea’s recognition of the independence of Donetsk and Luhansk Reaction. Alikhanov, the governor of Russia's Kaliningrad Region, said on the 13th that Kaliningrad Region will achieve the EU goal of lifting all transportation restrictions.
New energy concept sectors generally rose
Energy storage, photovoltaics performed strongly
Following a 1.63% rise the previous day, the GEM index rose again in early trading today. From the perspective of industry sectors, new energy-related sectors stocks have rebounded strongly.
As of the midday close, the power equipment sector ranked first among the 31 Shenwan first-level industries with an increase of 3.60%, among which Xinte Electric (26.660, 4.44, 19.98%), Nandu Power (18.860, 3.14, 19.97%) both Gaining the "20CM" daily limit, Shanneng Electric (63.980, 10.28, 19.14%), Shenghong Shares (36.560, 6.09, 19.99%) both rose by more than 18%, Yema Battery (23.490, 2.14, 10.02%), Kehua Data (36.720, 3.34, 10.01%), Chint Electric (37.830, 3.44, 10.00%), Xiangdian Electric Co., Ltd. (22.580, 1.97, 9.56%) and other stocks hit the daily limit .
Image source: Wind
From the perspective of related concept sectors, energy storage, photovoltaic inverters, lithium battery anodes, power equipment, power batteries, lithium iron phosphate batteries, photovoltaic roofs and other concept sectors have seen general growth. In terms of individual stocks, CATL (553.950, 14.95, 2.77%) rose more than 3%, and the cumulative rebound in the two trading days has exceeded 10%; BYD (319.300, 9.42, 3.04%) also rose more than 2%.
Image source: Wind
Regarding the layout direction of the new energy industry chain, Chuancai Securities believes that the profitability of each link in the lithium battery industry chain will diverge in the second half of the year, and it is recommended to focus on batteries, ternary cathode materials and other links. In addition, domestic lithium battery companies have leading advantages in the global industrial chain with their advanced lean manufacturing capabilities and excellent cost control capabilities. The energy storage field may be another big market for domestic battery companies to expand their territory.
Military industry and communications sectors join hands to rise
Not only power equipment, but also in the independent market of A-share market in early trading, the overall trend of technology growth has resumed its upward trend.
As of the midday close, the national defense and military industry sector rose by 2.62%, among which StarNet Yuda (32.790, 2.89, 9.67%) hit the daily limit, Yaxing Mianlian once hit the daily limit, Guanglian Airlines (28.310, 2.10, 8.01%), Chengfei Integrated Stocks such as (28.020, 1.48, 5.58%), Optoelectronics Co., (13.760, 0.79, 6.09%), China Shipbuilding Industry Corporation (20.240, 1.12, 5.86%) all rose by more than 6%.
Image source: Wind
The communications sector was also among the top gainers in early trading, rising 2.49% as of midday closing, of which China Star Ventures (5.990, 0.56, 10.31%) and Kexin Technology (26.950, 4.12, 18.05%) both rose by more than 10%. , Quectel Communications (135.700, 11.70, 9.44%), Putian Technology (23.800, 1.71, 7.74%), Zhongtian Technology (26.500, 1.92, 7.81%) (rights protection), Chengtian Weiye (17.580, 0.99, 5.97 %) and other stocks were among the top gainers.
Image source: Wind
Regarding the allocation value of the military industry sector, Minsheng Securities believes that the growth of the military industry industry is resilient. It is expected that the main line will be clear and more will bloom in the second half of the year, and the sector market is expected to rise. The configuration is recommended to focus on the three main lines of "aviation engines, guidance equipment, and aviation equipment" and focus on the two tracks of "informatization and new materials".
For the communications sector, Soochow Securities (6.690, 0.00, 0.00%) is more optimistic about the basic formation of the national cloud framework. It believes that the advancement of the national cloud and the digital transformation of enterprises will expand servers, routers, switches , storage , carrier boards and other equipment as well as the market size of downstream applications, all links upstream and downstream of the industrial chain will continue to benefit.
Banking and real estate have seen significant corrections
Banks, real estate and other value-style sectors have seen significant corrections in early trading today.
As of the midday close, the banking sector was at the bottom among the 31 Shenwan first-level industries with a decline of 2.03%. Among them, only Changshu Bank (7.740, -0.01, -0.13%), Hangzhou Bank (14.200, -0.03, -0.21%) closed up, Ping An Bank (13.390, -0.58, -4.15%), Postal Savings Bank (4.730, -0.17, -3.47%), Industrial Bank (17.990, -0.61, -3.28%) Wait for the biggest drop. China Merchants Bank (36.170, -1.73, -4.56%) jumped short and opened lower today. As of midday closing, the company’s stock price fell by nearly 4%.
Image source: Wind
However, from the perspective of fundamental performance, some listed banks have recently announced their 2022 semi-annual performance reports, and their performance is generally relatively strong. Industrial Securities (6.640, -0.07, -1.04%) believes that the market’s confidence in the banking sector is expected to increase, and it will continue to be actively optimistic about the valuation recovery of the banking sector under stable growth, focusing on the performance-driven bank mid-term reports. .
The real estate sector fell 1.75% in early trading, with Tianbao Infrastructure (5.480, -0.49, -8.21%) plunging more than 7%, Shenzhen Property A (11.030, -0.81, -6.84%), CCCC Real Estate (14.630 , -1.03, -6.58%), Gemdale Group (12.190, -0.59, -4.62%), Jingneng Real Estate (4.180, -0.17, -3.91%) and other stocks have experienced larger corrections.
Image source: Wind
For the real estate sector, China Galaxy (9.170, -0.10, -1.08%) Securities believes that the effects of policy easing in some cities have begun to show, and sales are expected to recover in the fourth quarter. In the medium to long term, a good environment in the land market will lead to the stabilization of profits of real estate companies with strong credit. Amid expectations of stabilizing sales and increasing M&A scale, opportunities exist for high-quality private housing and property management companies.
Zelensky: We will respond harshly to North Korea
recognizing the independence of Donetsk and Lugansk
Zelensky declared in his daily video speech on the 13th local time that Ukraine will respond at all levels to North Korea reacted very harshly to the move to recognize the independence of Donetsk and Luhansk, but he did not elaborate on what specific measures it would take.
According to reports, on the 13th local time, North Korea’s Deputy Foreign Minister met with the Russian Ambassador to North Korea in Pyongyang and submitted a note recognizing the independence of Donetsk and Luhansk. Subsequently, the Ukrainian Ministry of Foreign Affairs announced that Ukraine would terminate diplomatic relations and economic ties with North Korea due to North Korea's decision to recognize the independence of the two eastern parts of Ukraine.
Governor of Russia’s Kaliningrad Region:
Russia will be committed to lifting all transportation restrictions
According to reports, Russia’s Kaliningrad Region Governor Alikhanov said on the 13th that the current EU proposal to solve Russia’s transit problems to Kaliningrad Le's proposal to transport supplies is only the first step in solving the problem. The EU should make the same decision on car transport. He pointed out that Kaliningrad Oblast will achieve the EU's goal of lifting all transport restrictions.
The European Commission stated on the 213th that Russian goods can be transited through the EU through rail transportation, but goods transported by road are not allowed.
Original title: New energy blowout! The GEM index rose 3%, while the banking and real estate sectors plummeted!
Source: China Securities Journal
