First, the recent market can be described in one sentence: the rescue of the stock market crash. Last week's ** was mainly due to the entry of the national team to save the market, as well as the protection action of the central mother and the Securities Regulatory Commission. However, in the history of A-shares, there has never been a time when the market has been bailed out to truly restore the market. For example, the two stamp duty cuts in 2008 and the levelling action in 2015 were only a temporary buffer, and the market eventually needed to fall into place to slowly recover. Without the previous protection and bailouts, the market would have fallen to a relatively low level by now. It's like going straight down from 3,000 to 2,600, but now it's going from 2,700 to 2,900 and back to the beginning. On the surface, it seems that the time has been extended, but in fact this does not solve the problem fundamentally.
Second, in the recent continuous adjustment, there have also been more positive phenomena: on the one hand, northbound funds have been net inflows against the trend for three consecutive days. In the last two days of January, northbound funds showed a contrarian inflow at the end of the day, with a net inflow of more than 5 billion in the two days. On the other hand, the proportion of A-shares breaking the net has reached a historical peak, indicating that the bottom of the stage is not far away. As of the end of January, the number of broken net shares in the A** market has reached 558, and the proportion of the number of broken net shares in the total number of A** shares in the total number of A** shares has reached 104%, which is already in the historical peak area. Historically, a large increase in the number of broken shares often indicates that the market has entered a value range. In addition, superimposed on the rebound of the latest PMI data yesterday, after a short-term continuous decline, the index can be expected to stop falling and recover.
3. Announcement of good and bad news of listed companies:
1. Qifeng New Materials (002521SZ) is expected to have a net profit of 22.5 billion yuan-2600 million yuan, a year-on-year increase of 2555 times - 2968 times. It should be added that even compared with 2021, the growth rate of this result is close to 50%.
2. Wen's shares (3004978SZ) lost 6 billion yuan to 6.5 billion yuan, and made a profit of 52 in 2022$8.9 billion. "Honor student" Muyuan shares (002714SZ) performance loss of 3.9 billion yuan to 4.7 billion yuan, of which the loss in the fourth quarter accounted for nearly half. In addition, Aonong Biological, Tianbang Food, Dabeinong and other companies have a pre-loss of up to more than 2 billion yuan.
3. Holitech (002217SZ) is expected to lose 9 billion yuan to 12 billion yuan, becoming the only company in the A-share market with a pre-loss of more than 10 billion yuan. At present, Holitech's market value is 6 billion yuan, that is to say, the loss per share exceeds the stock price, and the net assets are directly lost to a negative number, and the loss is delisted.
4. Hang Seng Electronics (600570.)SH) net profit 134.5 billion yuan, a year-on-year increase of 2327%, back on the track of positive growth; In particular, the deduction of non-net profit has increased for four consecutive years, indicating that this software development company with a market value of 100 billion yuan in the past is still very stable.