Today's stock market analysis and outlook (8.22)

time:2022-09-29 14:40:36 source:clevelanddrifters.com author:Stock market
Today's stock market analysis and outlook (8.22)

#Header Finance# #stock finance# #Financial News# [Weekend news] The National Standing Committee decided to continue the implementation of policies such as new energy vehicles exempted from car purchase tax to promote mass consumption; optimize the establishment of the inter-ministerial joint meeting system for fertility policy work; The market quoted interest rate (LPR) for loans with maturities of 1 year and longer than 5 years will be announced today, and the market expects that the reduction of LPR over 5 years or longer may be more than 10bp; NAFMII will discuss ways to increase corporate credit enhancement support through ChinaBond Private housing companies issue debt financing. Sichuan Province launched the first-level emergency response to emergency energy supply guarantee in Sichuan Province at 0:00 on August 21; from August 1 to 17, the national coal output was 210 million tons, with an average daily output of 12.33 million tons, a year-on-year increase of 19.4%; 1 -In July, the installed capacity of wind power increased by 17.2% year-on-year, and the installed capacity of solar power increased by 26.7%. The China Securities Regulatory Commission recently approved the Zhengzhou Commodity Exchange to carry out rapeseed oil and peanut options trading; the Ministry of Industry and Information Technology emphasized that it will make every effort to implement the key tasks in the next stage, and formulate and introduce industrial innovation and development promotion policies such as energy electronics and high-end medical equipment; Shanghai optimizes The Lingang New Area has a housing purchase policy for talents who are not registered in the city. Those who work in the Lingang New Area have paid personal tax or social security for one year or more, and are limited to 1 house in the Lingang New Area; Beijing requires the houses agreed in the pre-sale contract The delivery date should be consistent with the delivery date determined in the pre-sale plan; the China Passenger Car Association estimates that the retail sales of passenger cars in the narrow sense in August are expected to be 1.88 million units, an increase of 29.6% year-on-year and a month-on-month increase of 3.4%; of which the retail sales of new energy are expected to be 520,000 units , a year-on-year increase of 108.3%, a month-on-month increase of 7.0%, and a penetration rate of 27.7%. [Important Announcement] Tongwei Co., Ltd. responded to the entry into components, saying that based on the current national dual-carbon target requirements and the strengthening of the development trend of industry integration, the company will follow the trend and consider further demonstration plans in the component business; Guoguang Electric issued a change announcement, As of August 21, the company's VR equipment business has officially ordered 1,000 units, the order volume is small, and sales revenue has not yet been realized, and there are uncertainties in subsequent orders; LONGi Green Energy announced that Li Chunan, the company's controlling shareholder acting in concert The subject matter of the alleged insider trading is not the company's stock; JinkoSolar announced that, due to the impact of electricity restrictions, the time when the subsidiary's production capacity will resume to full production is still uncertain, which will have a certain impact on the company's 2022 operating performance. Huayou Cobalt achieved operating income of 31.018 billion yuan in the first half of the year, an increase of 117.01% year-on-year, and net profit of 2.256 billion yuan increased by 53.6% year-on-year; Hengrui Medicine achieved operating income of 10.228 billion yuan in the first half of the year, a year-on-year decrease of 23.08%; Jingshan Light Machinery achieved operating income in the first half of the year 2.292 billion yuan increased by 17.23% year-on-year, and net profit of 148 million yuan increased by 31.7% year-on-year; Xiaomi Group’s second-quarter revenue of 70.17 billion yuan fell 20.1% year-on-year, and the second quarter’s adjusted net profit of 2.1 billion yuan fell 67% year-on-year. [External disk dynamics] The Dow fell 0.85%, and fell 0.16% last week; the Nasdaq fell 2.01%, and fell 2.62% last week; the S&P 500 fell 1.29%, and fell 1.21% last week. Most of the popular Chinese concept stocks fell. Daily Youxian fell by nearly 14%, Weilai fell by more than 4%, Xiaopeng Motors and iQiyi fell by more than 3%, Li Auto and Bilibili fell by more than 2%. [Market Review] The major indexes in the new energy slump fell on Friday, and the performance of individual stocks was the worst in the past two weeks. With the expectation of interest rate cut, the real estate market opened and virtual reality rose sharply. However, many blue chips in the photovoltaic sector, which led the rise recently, fell sharply at the opening. New energy was under pressure across the board. Mining, photovoltaic continued to drop in the afternoon, but coal and green power bucked the trend, and the major indexes fluctuated and fell under the weight. The Shanghai Composite Index fell 0.59% throughout the day, and the CRE Index fell 1.5%. The turnover between the two markets was 1,120.2 billion, and more than 70% of individual stocks fell, the worst performance since August 2. [Today's Outlook] Today's MLF interest rate cut is expected to materialize. If it exceeds expectations, it is expected to bring support to the market. Although the upswing of the Genesis Index and Shanghai Index is blocked, the market is expected to continue structural opportunities in a loose environment. Short-term low-level rotation is still the focus. Suggestions Pay attention to the low energy security, real estate chain and recovery chain and other directional opportunities.

(Responsible editor:Aviation stock)