In the first half of the year, A shares have come to an end. The market is very promising, and there is another positive line. The Shanghai Composite Index returned to 3,400 points during the session. Nearly 100 stocks in the two cities hit their daily limits. The trading volume exceeded one trillion. Consumer stocks staged a daily limit surge ! Without the participation of foreign capital, relying entirely on domestic capital to strengthen itself is already pretty good.
Throughout the first half of the year, Big A took a supercar ride. The market once retraced more than 20%, and GEM plummeted 30%, leaving 200 million investors in despair! However, after the Financial Commission meeting in mid-March and a series of market rescue policies, A-shares reached a stage bottom of 2,863 points on April 27, and then rebounded by more than 500 points in one breath, which is crazy.
Especially in June, the market continued to perform short squeezes. Throughout the month, the Shanghai Stock Index rose 6.66% month-on-month, a smooth 6-6; the GEM rose 16.86% month-on-month, with another 8 and 6 smooth, and the Shenzhen Component Index rose 11.87% ! In a word, the rebound in June will be as fierce as the panic at the low level. A-shares have always paid attention to the beauty of symmetry, that's why.
Of course, the overall decline in the first half of the year was that the Shanghai Stock Exchange Index fell 6.63%, the Shenzhen Component Index fell 13.2%, the GEM fell 15.41%, and the Science and Technology Innovation Board plunged 20.92%. According to media statistics, has lost 46,000 yuan per person this year, but starting from the lowest point on April 27, has made a huge profit of 64,000 yuan per person! So in the first half of the year, did you make a profit or a loss?
Blade did the math and found that compared to this year’s largest decline, the index “V type ” has come back half way, and has not yet completely recovered its lost ground! However, it has experienced repeated impacts from global inflation, interest rate hikes in the United States, conflicts between Russia and Ukraine, and the epidemic. Big A just withstood the pressure and came out of the two-month counterattack, which is considered to be resilient.
Although 2022 had a bad start, fortunately it ended well, giving everyone more confidence. Regardless of regrets, satisfaction, or even a broken thigh... let the imperfections of the first half of the year go by. Let’s calm down and welcome the second half of the year. I believe the market will not be bad in July!
Let’s talk about today’s A-share market . It’s another day of eating, drinking and having fun. consumer stocks are collectively strengthening, including liquor and beer, hotels and restaurants, tourist attractions, airport shipping, film and television media, etc., all of which have surged in turn! The screen dominates the growth list, and looking around, it’s a foodie market.
The stimulating reason is that the Ministry of Industry and Information Technology is "reaching for the stars", and the summer vacation is coming soon, so the market has stirred up the logic of "retaliatory consumption". Eat out when you need to (hotels and restaurants), travel when you need to (attractions tours, airport shipping), watch movies when you need to (film and television media), buy when you need to buy (tax-free), the market has not missed any of them!
Therefore, tourist hotels took the lead, and the sector rose nearly 6%. Lijiang shares html had 4 boards in 25 days, Yunnan tourism , Zhangjiajie, Guilin tourism, etc. hit the limit! Huatian Hotel 3-link board, Jinling Hotel , Tongqing Building, etc. have reached their daily limit. Food and beverages + prepared dishes also exploded, with Jialong shares , Yiming Food , Ximai Food, Wei Zhixiang , etc., and the second-largest Sunshine Dairy also rose by the limit.
Cultural Media also continued to rise sharply. Huayi Brothers rose 11%. Jinyi Film and Television, Cultural Investment Holdings , etc. all rose by the limit. Mainly due to the gradual opening of cinemas and performance venues in Shanghai, as well as the popularity of the movie " Life Events "! The film industry is almost in the worst situation since the epidemic. With the epidemic under control, hope is finally seen.
Of course, the return of the king of consumer stocks will not be possible if there are only tourist hotels. The most important thing is liquor + pharmaceutical consumption. Only when these two sectors stand at the center of the market can they become the main line of the market! The liquor sector rose by 3.74% today, and the pharmaceutical CRO + medical aesthetics rose by 2%. If the market can continue, such as Wuliangye will continue to trend.Such large consumption is enough to replace new energy and become the most beautiful boy in the market!
In terms of individual stocks , big guys are making full efforts. Kweichow Moutai and China Merchants Bank once rose more than 3%, China Free Energy rose 6%, Longi Green Energy rose 4%, Aier Ophthalmology rose 7.88%, Tongce Medical rose 6.63% and so on! The index is relatively strong today, which is all supported by these big blue chips . However, in the afternoon, shot up and fell back to , and the index also dived in late trading.
According to data heard by Blade, tourism is indeed popular, and Hainan Sanya International Duty Free City is full of tourists. The popularity of cross-provincial travel with has increased sharply by 5 times, and the number of air ticket orders has increased by double digits day by day! highlights everyone’s desperate urge to go out and have fun.
However, as soon as the travel boom started, the price of air tickets fuel surcharge increased significantly, rising to 200 yuan next month, breaking the previous historical record of 150 yuan! Gas prices are very expensive now, but we can't take advantage of the situation, like "stealing money" in such a naked way.
In the past few years, all walks of life have been greatly affected by the epidemic, and have even struggled to support themselves! But if it doesn’t return to normal, then raise the price. I remember that the price of movie tickets during the Spring Festival last year increased dramatically. Although it made people pay for it, it also hurt the industry in the end. Many people stopped going to theaters to watch movies.
As ordinary consumers, everyone wants to consume and support the economy. But it is also very difficult for individuals. In the past three years, many people's wages have not increased, and they have even become unemployed. Understand each other and don’t kill the goose to get the eggs, otherwise we really can’t afford it, and then there will be complaints!
Real estate stocks have also picked up recently, with the two leading companies Poly Development and Vanke A rebounding continuously. If real estate stocks were in a reversal of predicament before , then the recent rise is more beneficial, and sales have begun to rebound.
Judging from the real estate sales statistics, some companies have indeed improved significantly month-on-month, from a year-on-year decline of 50-60% to a year-on-year decline of approximately 20-30%! This range is really good, it just depends on the sustainability.
The investment logic of the industry chain is relatively clear. The leader is Poly + Vanke . Other branches include Beixin Building Materials , Dongfang Yuhong , Jianlang Hardware, Oppein Home, Gujia Home , and Sany Heavy Industry. , Hengli Hydraulics, etc. are all trending recently, and the rebound momentum should not be underestimated!
Tonight’s National Standing Committee meeting continues to release signals to stimulate the economy. The meeting decided that would use policy and development financial tools to raise 300 billion yuan through the issuance of financial bonds, which is a benefit beyond expectations.
In addition, it is also proposed to work-for-relief and increase investment in transportation to make up for shortcomings. The former is to create jobs, and the latter is to stimulate growth through investment. In general, in order to stabilize growth, a new round of policy efforts has begun!
In fact, the central bank’s second quarter meeting yesterday did not mention the macro leverage ratio. This means that local stable growth may continue to exert force, leveraging the combined rhythm of is good for infrastructure + real estate.
Big A performed strongly today, but the European and American stock markets fell to their knees again, and the decline was quite miserable. Tomorrow, and Hong Kong stocks will be closed due to the Hong Kong holiday. Tomorrow is also Party Founding Day. Everything depends on our A-shares themselves! Can you follow your own upward path?
In one word, A shares are called five poor, six excellent and seven successful. But this year the script is reversed, with 5 counterattacks and 6 short squeezes. I wish you all good luck in July!
