New and old energies broke out one after another, and the agency said that the adjustment is an opportunity for re-layout

time:2022-09-29 15:24:45 source:clevelanddrifters.com author:Hot industry
New and old energies broke out one after another, and the agency said that the adjustment is an opportunity for re-layout

On August 25th, the new energy stocks that have been rising continuously for a period of time continued to adjust, but the "old energy" sector represented by coal ushered in an outbreak and hit a new high. On the news side, both new and old energy sources have continuous positive news. Market analysts believe that the follow-up market may maintain a volatile trend, and the short-term adjustment of the market provides a good opportunity for investors to deploy high-quality targets. The market of the main popular tracks represented by new energy has not ended, and some industries are still expected to accelerate in the fourth quarter and the subsequent boom. If there is any adjustment, it is a suitable point to increase positions. Mou Yiling, chief strategist of Minsheng Securities, said in a research report that the road to cyclical re-pricing has already begun, don't hesitate to switch quickly. The European Union's ban on Russian coal and other commodities went into effect on Aug. 10, after a four-month transition period for coal leaders to hit another record high. Affected by this, the global thermal coal market price has soared again, among which, the price of NEWC thermal coal in Newcastle, Australia has further climbed to US$436 this week, hitting a record high. The rise in international thermal coal prices stimulated the continued rise of the coal sector in the A-share market. In early trading on the 25th, the coal sector was active again. As of press time, Shanxi Coking Coal and Yankuang Energy rose more than 6%, while Shanghai Energy, Shanxi Coal International, and China Shenhua were among the top gainers. Among them, Yankuang Energy's share price continued to hit a record high, and the stock has risen by more than 30% since August 1. Since the beginning of this week, the coal sector has bucked the trend and has risen by more than 8%. Among them, the best gainer, Jinkong Coal Industry, has risen by more than 22% and hit a record high. The reporter of "Investment Express" noticed that since the beginning of this year, overseas coal prices have risen, and my country's coal imports have decreased. According to data from the General Administration of Customs, in July 2022, my country imported 23.523 million tons of coal, a year-on-year decrease of 22.05%; from January to July, the total imported coal was 138.522 million tons, a year-on-year decrease of 18.2%. Domestic coal demand is strong, and coal prices are stable at a high range, which supports the double growth of semi-annual reports of many coal companies. Shanxi Coking Coal's semi-annual report shows that in the first half of the year, the company achieved operating income of 27.713 billion yuan, a year-on-year increase of 44.14%; the net profit attributable to shareholders of the listed company was 5.694 billion yuan, a year-on-year increase of 192.88%. Lu'an Environmental Energy's semi-annual report shows that the company achieved operating income of 28.286 billion yuan in the first half of the year, a year-on-year increase of 58.66%; net profit attributable to shareholders of listed companies was 5.849 billion yuan, a year-on-year increase of 75.07%. The dazzling performance of coal stocks has also attracted the favor of many institutions. As of the end of the second quarter, the Social Security Fund held a total of 46.9199 million shares of Shanxi Coking Coal, accounting for 1.15% of the total share capital. E Fund Ruiheng, managed by well-known fund manager Xiao Nan, also added shares in Shaanxi Coal Industry, Yankuang Energy and Shenhuo in the second quarter. In addition, Shanxi Coal International has become the new top ten heavyweight stocks of the fund. From a technical point of view, the coal sector as a whole shows the inertia of oscillating upward along the 5-day line, so as long as there is no heavy volume falling below the 5-day line in the future, there may still be room for further upward surge. Ministry of Industry and Information Technology: Putting the promotion of new energy development in a more prominent position Actively and orderly development of light energy and hydrogen energy has been adjusted for more than two consecutive months. The international oil price has recently shown obvious signs of turning heads. According to reports, Saudi Energy Minister Abdul Aziz responded to media questions in writing, suggesting that OPEC+ (referring to 13 OPEC members and 11 other non-OPEC members) may cut production in the future. Affected by this news, crude oil prices stabilized and rose, and Brent oil prices returned to above $100/barrel. Natural gas prices are even stronger, easy to rise but difficult to fall. In this regard, many analysts have begun to worry that global energy prices may rise again in the fourth quarter, bringing new impacts to the global economy and international financial markets. For ordinary investors, moderate participation in energy derivatives, funds and related stocks may be able to share in this potential feast. Old energy has returned to a prominent and important position, and new energy is also benefiting continuously. According to the website of the Ministry of Industry and Information Technology on August 25, the Ministry of Industry and Information Technology publicly solicited opinions on the "Guiding Opinions on Promoting the Development of the Energy Electronics Industry (Draft for Comment)". The consultation draft proposes to put the promotion of new energy development in a more prominent position, actively and orderly develop light energy, silicon energy, hydrogen energy, and renewable energy, and promote the coordinated development of the upstream and downstream of the energy and electronics industry chain and supply chain to form a dynamic balance. A benign industrial ecology. Guide the balanced development of all aspects of solar photovoltaic, energy storage technology and products, and avoid overcapacity and vicious competition. Promote the in-depth integration and innovative application of "optical storage, terminal information", grasp the development trends and laws of the digital economy, accelerate the integration and development of new generation information technology and new energy, and actively cultivate new products, new formats and new models. Promote key breakthroughs in the fields of basic components, basic materials, and basic processes, forge industrial long-board, make up for basic short-board, and improve the anti-risk capability of the industrial chain and supply chain. Institutional sources believe that the follow-up market may maintain a volatile trend, and the short-term adjustment of the market provides a better opportunity for investors to deploy high-quality targets. CITIC Construction Investment believes that the main popular track market has not ended, and some industries are still expected to accelerate in the fourth quarter and subsequent prosperity. If there is any adjustment, it is suitable to increase positions. On the other hand, as the “Golden Nine and Silver Ten” approaching, the peak consumption season is coming again, and some sectors with low valuations expected in the peak season may usher in periodic opportunities for rotation. China Asset Management said that the market has little room for downside. The follow-up market will further focus on the growth direction with performance. The high prosperity trend of new energy and other sectors has not seen an inflection point. The currently disclosed semi-annual report shows the strong competitiveness of core enterprises, and the performance expectations for the third quarter are relatively optimistic.

(Responsible editor:Garbage)