Last week, A-shares gradually rose from above 2,700 points to above 2,900 points, and as the positive news from the capital market continues to come, the trend of A-shares this week is worth paying attention to. However, as of January 29**, the three major A-share stock indexes fell across the board, and the Shanghai Composite Index **092% at 288336 points, lost 2900 points; SZSE Component Index**206% to close at 858176 points; GEM refers to **349%, a new low in the stage. There are more than 4,800 stocks in the two cities, and only 486 stock prices, and the flush data shows that the market sentiment is in a "freezing point" state.
On the theme of the plate, the Chinese word head ** continued to rise, and many **stock prices in the plate**. China Haicheng and Zhongcheng shares have 4 boards, China Television Media has 7 days and 6 boards, and the stock prices of China Railway Assembly and Zhongnan have a daily limit. However, many shares exceeded 10% or rose in the morning, and then fell in the afternoon.
Last week, the person in charge of the Property Rights Administration of the State-owned Assets Supervision and Administration Commission said that the person in charge of the enterprise should pay more attention to the market performance of the listed companies it holds, and timely convey confidence and stabilize expectations through the application of market-oriented means such as increasing holdings and repurchases, and increase cash dividends to better return investors.
At the same time, last Friday, the China Securities Regulatory Commission's 2024 system work conference emphasized that it will promote the inclusion of market value in the assessment and evaluation system of central and state-owned enterprises, and study increasing the constraints on low-valued listed companies from the perspective of information disclosure.
Yang Zhenjian, manager of Bosera Index and Quantitative Investment Department, believes that for the capital market, the central state-owned enterprises are the ballast stone of the capital market, and the change in the assessment method is expected to further improve the overall information disclosure quality of China's listed companies, and improve the environment in China's capital market by increasing dividends and timely repurchases. On the other hand, as a weighted sector with a greater impact on the index, the central state-owned enterprises pay attention to market value management, which is expected to reduce the volatility of the market and stabilize investors' confidence at the bottom of the market.
Chen Guo, chief strategy officer of China Securities Construction Investment, said that for the first time, the market value management effectiveness was included in the assessment of the person in charge of the central enterprise instead of the previous three enterprise assessments, and more emphasis was placed on the guiding role of the market value management of the central enterprise on market sentiment, and it was clearly proposed to increase cash dividends, and the interests of the person in charge of the central enterprise were deeply linked to the market value of the central enterprise, so that the person in charge could govern the enterprise efficiently, and gradually form a virtuous circle of "efficient governance, performance improvement, effective market value management, increase in the interests of the person in charge, and efficient governance", and enhance the "special evaluation" The core competitiveness of central enterprises.
In the industry sector, only the banking sector**, China CITIC Bank rose nearly 5%, Bank of Hangzhou, Bank of Ningbo, Postal Savings Bank, Shanghai Rural Commercial Bank, etc. followed suit.
Haitong Strategy believes that since the beginning of this year, a series of active policies have been intensively introduced, mainly involving macro finance, capital markets, real estate, localized bonds, and regions and industries. At present, the market is likely to be in the bottom area, and the continued policy force is expected to catalyze the start. In terms of structure, it focuses on big finance in the stage, and pays attention to the growth of white horses in the medium term, such as hard technology such as electronics and medicine.
CICC Strategy said that positive changes are taking place at the policy level recently, short-term liquidity risks have been gradually resolved, the index has a certain repair momentum, and the overall performance of the current growth industries and small and medium-cap styles with heavy institutional positions is weak, reflecting that investors' risk appetite still needs to be repaired. Combined with the cautious expectations implied by the current low valuation, as well as the positive change in policy factors, there is no need to be too pessimistic about the subsequent market performance.
From the point of view, the share price of Gree Electric Appliances is upward, as of **, the stock price is **416%, the latest market capitalization reached 1974400 million yuan.
On the evening of January 28, at the "Gree 2024 Global Dream Ceremony", Dong Mingzhu, chairman and president of Gree Electric Appliances, said that in 2023, Gree Electric's revenue, net profit, and tax payment will hit a record high, and in the next 5 years, Gree Electric will strive to double its performance. She also said that Gree Electric is a responsible enterprise for shareholders, and called on investors who have confidence in Gree Electric to hold the company's ** for a long time. Dong Mingzhu also announced that he would spend an additional 200 million yuan to give employees a year-end bonus.
Note: **Derived from a straight flush, this article does not constitute investment advice).