USD index has continued to decline recently, but the RMB has appreciated significantly. It is now about to rise above the 7 mark. It has continued to appreciate from the high of 7.37 in early November to 7.01 today. In about a month, it has appreciated by 3,700 basis points.
USD index trend
USD offshore RMB exchange rate
Of course, the crazy appreciation of the RMB is mainly based on Federal Reserve December rate hike is likely to slow down, the US dollar index continues to be sluggish, so the RMB has ushered in a crazy appreciation. Coupled with the loosening of epidemic prevention policies, the top leaders have focused on stabilizing economic growth, and this factor has also driven the appreciation of the RMB.
The weakening of the US dollar and the appreciation of the RMB are destined to flow into China in large quantities, so Chinese assets have continued to strengthen recently, not just A shares , but Hong Kong stocks , and Chinese stocks listed in the United States, which have fallen more recently.
northbound funds have flowed in nearly 100 billion yuan last month, and more than 20 billion yuan has flowed in two trading days this month. It is obvious that the continuous inflow of foreign capital is undoubtedly beneficial to the future trend of A-shares.
This Friday 11 non-farm data was released, with 263,000 new people, far exceeding the expected 200,000. The employment data is good, and the market is worried that the pace of the Fed's interest rate hike will change again, so US stocks opened sharply, but eventually opened low and closed high. This shows that the market is divided, and most people still believe that the pace of interest rate hikes in December will not change due to the improvement of non-agricultural data.
A50 futures index and Chinese stocks with higher correlation with A-shares have risen sharply, which will have certain positive stimulation for A-shares tomorrow. Of course, whether A-shares can rebound strongly next week, the key to is whether the trading volume of the two markets can increase. If it cannot continue to exceed 1 trillion, don’t look forward to the continuous rebound.
In addition, some important news happened over the weekend, Brother Hou will also give you a brief explanation.
1, Shanghai Stock Exchange : Promote the valuation of central enterprises to return to a reasonable level, promote the creation of a group of flagship listed companies in central enterprises
Comments: Shanghai Stock Exchange directly clearly states, and we must promote the valuation of central enterprises to return to a reasonable level. This shows that the valuation of central enterprises is not reasonable! , which has low valuation + break net + high dividends, is expected to be snatched again next week.
2. Regulatory agencies require the four major banks to provide real estate companies with guarantees offshore loans
Comments: To put it bluntly, it is to lend money to real estate companies to help repay US dollar bonds, further substantively help real estate companies solve the problem of financing , especially real estate companies with a high proportion of overseas debt. This Friday, due to rumors that Xu Jiayin committed suicide by jumping off the building in , real estate has made a deep adjustment, and over the weekend, the regulators asked the four major banks to provide offshore loans with guarantees to real estate companies. Therefore, real estate is expected to make a comeback next week.
3, Goertek : significantly lowered its performance forecast, directly losing about 2-2.4 billion
Comments: Goertek's performance is coming, previously expected net profit to be 4.06 billion to 4.7 billion, and now it is announced that the net profit is only 1.71 billion to 2.14 billion, and has been reduced by at least 2-2.4 billion, directly cut by halving. This is the price of being cut by Apple . It is indeed a heavy loss. As the leading stock in consumer electronics , Goertek shares are expected to hit the limit tomorrow . It is reminded that avoid the consumer electronics sector next week.
As for the participatory sectors next week,
Direction 1: Digital trade + cross-border payment
1. The first China-Arab Summit was held on December 9, with RMB cross-border payment exceeding 70 trillion yuan, and RMB cross-border settlement has great expectations. This week, some funds have begun to speculate in advance. As a listed company under , China National Petroleum Corporation, which has the concept of cross-border settlement of RMB, China National Petroleum Corporation, has seen a very sharp increase.
2. From December 11 to 14, the first Global Digital Trade Expo was held.
The first Digital Trade Fair will be held at the Hangzhou International Expo Center from December 11 to 14, and will be jointly hosted by the Zhejiang Provincial People's Government and the Ministry of Commerce. Since digitalization has greatly reduced the cost of international trade and improved the tradeability level and trade efficiency of services, digital trade has gradually developed into a new track of international competition.
Therefore, Zhejiang's local digital trade concept with state-owned assets background is worth exploring.
Direction 2: Antigen detection + cold/cough/fever medicine
According to the infection path abroad herd immunization process, after the release, several rounds of outbreaks of infection will surely be higher, the time to suppress the epidemic will be longer, and the number of infections will also be more. At present, my country has not fully relaxed, it is just starting to loosen.
. After the lockdown is now unblocked, the public expects to hoard drugs. Referring to the situation after the liberalization of Singapore, Japan, South Korea, China, Hong Kong and Taiwan, the sales of antipyretic drugs and cough-relieving drugs have increased several times. focuses on antigen detection, antipyretic drugs and cough-relieving drugs, and will continue to benefit.
Original codec is not easy. Remember to like and support after reading it. Remember to continue to follow Brother Hou after more investment information.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-