A shares perform wellSlotchilliheatmegawaysAlthough US chip technology stocks fell sharply on Friday, A shares followed the opening decline and basically regained their losses in late trading. Although the overall index fell, the consumption, pharmaceuticals and some new energy sectors of the core institutions performed well. The dividend low-wave plate has been adjusted by 2%.
The chip sector opened sharply lower today, but closed slightly higher, with a better performance. There is a differentiation within the non-ferrous and chemical plates. Weekend agencies touted the cycle, but exaggerated. The Nikkei index and South Korea index of Asia-Pacific stock markets did not fall at the same time as A shares, closing at the Zhongyang line.
However, this does not mean that A-shares are performing strongly. There is no relevant operation today. The news ignored by the market on Friday was a decline in the stock of fertile sows. The latest data show that the number of fertile sows stands at 39.92 million, falling below the 40 million mark for the first time in recent years, close to the official figure of 39 million. Official figures show a month-on-month decline to 39.92 million, while private data show a month-on-month rise. The market did not react after the good news came out on Friday, but it was only after the news over the weekend that the market reacted today.
The layout of the pork plate can be seen as a decline in the stock of sows, in which case there is often a band market. Pay attention to the persistence of rising pig prices. The aquaculture plate is still in a state of loss, and the layout still belongs to the left. The focus in the future is whether sows can continue to decline. If the decline continues, the rise in pig prices is expected to strengthen and the market will usher in a new market. The pig cycle reflects a microcosm of the Chinese market. When an industry is profiteering, capital rushes in and expands production capacity, eventually causing supply to exceed demand and the industry to get into trouble.
The capacity elimination and concentration increase of the pork industry are the catalytic logic of the pig cycle. The current market is contradictory and complex, a lot of investment logic belongs to the valuation repair market, pay attention to the persistence of product price increases, but to look at it rationally, do not blindly expect too high. In addition, the market began to speculate on May Day tourism expectations today, focusing on the tourism and hotel sectors. The national team may buy more than 300 billion yuan of A-share ETF in the first quarter. Hengli Petrochemical (600346) first quarter net profit increased by 109% compared with the same period last year.Slotchilliheatmegaways.8%, Saudi Aramco intends to acquire shares related to Hengli Petrochemical. Poly Development issued an annual report with a dividend yield of 5% +. Zijin Mining's first-quarter net profit increased by 15.05% compared with the same period last year, but the valuation was too high and it was appropriate to stop the profit.
