Suddenly straight line 20% sealing board! The A-share super track is up and down again!

Securities Times E Company

2024-06-12 16:24Published on the official account of "Company E" under Guangdong Securities Times

Today, the main board market rose slightly, while the ChiNext and the Science and Technology Innovation Board fell slightly.

The transaction volume of the two cities fell below 700 billion yuan again, indicating that the wait-and-see atmosphere in the market is relatively strong. On the disk, coal, short drama games, consumer electronics, artificial intelligence and other sectors were among the top gainers, while insurance, banking, telecommunications operations, 100-yuan stocks and other sectors were among the top decliners.

Wind real-time monitoring data shows that the machinery and equipment industry has received a net inflow of nearly 2.2 billion yuan of main funds today, and coal, media, non-ferrous metals, petroleum and petrochemical have also received a net inflow of more than 1 billion yuan. Banks, power equipment, non-bank finance, food and beverages, etc. had a net outflow of more than 100 million yuan.

Looking ahead, Nanjing Securities pointed out that the market is still in the process of risk release, and in the continuous game of reality and expectations waiting for the clear stabilization and improvement of economic fundamentals and the signal of marginal relaxation of policies at home and abroad, before that, the market will still be range-bound, until the key variable is expected to improve significantly, or to see the index level break through the constraints of the range.

Guotai Junan believes that the reduction of economic and social uncertainty is the key driving force for stock market investment in 2024, especially for China's blue-chip stocks that have been adjusted for three or four years, the transaction structure is cleared and pessimistic expectations are cleared. At the same time, positive changes are emerging, the central government has entered the expansion cycle, began to intervene in real estate risks, a new round of institutional reform is about to come out, market adjustment provides a reverse layout opportunity, and the reduction of uncertainty will promote the stock market "two in, two out, one out" type of shock rise.

In terms of hot spots, game stocks strengthened across the board today, led by short drama games, and the sector index rose 3.44%. Zhejiang Media, Simei Media, etc. have strong daily limits, and Insai Group, Gravity Media, Ciwen Media, etc. are among the top gainers.

Media and entertainment, online games, cloud gaming, metaverse and other sectors have strengthened.

Rongxin culture straight line 20% daily limit; Huawen Group has a one-word daily limit for the 3rd consecutive day, and 5 daily limits in the past 6 trading days; Zhongnan Culture, Yingtong Communication, Xuanya International, etc., rose by more than 10%.

Suddenly straight line 20% sealing board! The A-share super track is up and down again!

With the arrival of the summer gaming season, companies may accelerate the launch of new products or focus on product marketing. A few days ago, the National Press and Publication Administration announced a new batch of approval information for imported online games, and 15 games were approved for version numbers. Up to now, 585 game versions have been issued this year, of which 524 are domestic games and 61 are imported games. Imported games are distributed on an average frequency of once every 2 months.

China Merchants Securities said that on the whole, the game sector is frequent, the number and frequency of edition number issuance have increased significantly compared with last year, and the performance of new online products in the future is worth looking forward to. As the pace of edition issuance further stabilizes, game companies increase their investment in AI applications to empower their own businesses, and the valuation center of the game sector is expected to further increase in the future.

Coal stocks rose in the afternoon, and the sector index rose 3.6%, a record high.

Dayou Energy has pulled the daily limit in a straight line, and the daily limit has been increased twice in the past 3 trading days; Shaanxi coal industry hit a record high (resumption, the same below); China's Shenhua hit a new high in more than 16 years since January 2008; Jinkong Coal hit a 13-year high since April 2011.

The Central Meteorological Observatory continued to issue an orange warning for high temperatures on June 12. It is expected that the maximum temperature in the eastern part of the southern Xinjiang Basin, the central and northern parts of Shaanxi, the southern part of Shanxi, the central and southern parts of Hebei, the southeast of Beijing, the western part of Tianjin, the western part of Shandong, Henan, the northern part of Anhui, and the northwest of Hubei Province will reach 37~39 °C, and the maximum temperature in some areas of central Hebei, northwestern Shanxi, and central and northern Henan will reach 40~42 °C.

Soochow Securities said that in June, power companies need to start stockpiling for the "peak summer", and it is expected that power procurement will improve; In addition, the impact of safety supervision at the production area continues to exceed expectations, and the annual raw coal output is expected to be reduced by 100 million tons due to the withdrawal of old mines. The contraction of supply will amplify the contradiction between supply and demand during the peak demand season in the power industry, so it is expected to prompt coal prices to rebound again. With the strengthening of coal prices, the opportunity for sector investment to attack the allocation is coming.

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