The turnover of the turnover is new, and the new energy vehicle is strong in the market

On Monday, the A -share shrinkage fell, and the Shanghai Stock Exchange Index closed down 0.35%four consecutive declines to test 3100 points. The market turnover is less than 670 billion yuan, a new low of the year. In terms of industry sectors, coal, food, beverages, and social services have led the rise, beauty care, computers, textiles and clothing lead, and the northern direction of funds has a slight net inflow of 1.603 billion yuan.

At this stage, the market mood is sluggish, not only the main index valuation is close to the end of April, but the turnover has also declined significantly. The market is facing the pressure of domestic public health incidents, economy, and overseas liquidity, and may also need to wait for these factors to improve.

The main economic indicators recently disclosed in August have generally improved, and the growth rate of industrial, investment, and consumption has accelerated from July. It is necessary to continue to observe the economic recovery. Hong Kong's public health prevention and control policy has once again "loosen", and will actively consider the adjustment of entry quarantine measures from "3+4" to "0+7" before November. Affected by this news, some consumer sectors have risen on September 19, and the expectations of consumption recovery are expected to gradually strengthen.

On September 19, the new energy vehicle sector strengthened the market against the market, and the new energy vehicle ETF (159806) closed up 1.13%. On the news, the relevant departments will conscientiously implement the development plan of the new energy vehicle industry and continue to promote the high -quality development of the new energy vehicle industry. Specifically, four aspects are mentioned.

According to the data from the China Automobile Association, the production and sales of new energy vehicles in August were 691,000 and 666,000, respectively,+12.0%and+12.3%, a year -on -year+123.6%and+107.5%. In August, automobile sales showed the characteristics of not off -season. The supply side of mainstream car companies continued to improve. The growth rate of the traditional sales season in September is expected to increase, and the sales volume of new energy vehicles is high.

Regarding the issue of China's new energy vehicle industry chain competition, the new energy vehicle industry chain of the foreign market is more difficult to achieve "de -Sinochem". The domestic lithium battery industry chain accounts for a high proportion of the supply chain in North American car companies. It has a long period of time to re -introduce new suppliers or re -build factories in North America. At least in the short term, it is more about market emotions.

At present, the growth sector such as new energy vehicles may be suppressed by overseas liquidity. The market is in the high fluctuation stage, and it may be more difficult to immediately appear trendy reversal. However, in the context of the improvement of penetration and high growth, you can also consider the long -term dips.

In addition, pig prices have also received much attention recently. Last week, 23.53 yuan/kg of pigs in 22 provinces and cities across the country rose 0.3 yuan. From the perspective of data, the price of pigs continued to be strong after the Mid -Autumn Festival, but the price of the slaughter enterprises could not reduce the price, showing the current environment of pig shortage. On the other hand, due to the time for repair and confidence repair, the breeding households are relatively cautious.

Since the second quarter, domestic pig prices have entered the rising channel. In July, policies have been held in July. Tons and 150,000 tons, the policy guidance of the proper operation of pig prices heated up.

Recently, the relevant departments issued a document. In September, the state and localities put the government's pork reserves below the market price to reserve about 200,000 tons. In 2021, domestic apparent consumption was 56.65 million tons, a monthly average monthly consumption of 4.72 million tons. At present, the accumulated 200,000 tons of pork planned in September accounted for about 4.2%of the average monthly consumption, which played a certain role in the high price of Pingxin in some areas, but the proportion of the amount of investment was not large. limited.

From the perspective of supply and demand structure, the demand side, the weather turns cold, and the public health incidents in many places are curbed, the school opening and National Day are coming, and the demand is expected to gradually turn. Continue to decrease. Looking forward to the market outlook, the supply of pigs with improvement is reduced, the price of pigs is expected to run high, and the profitability of pig companies is also expected to improve significantly. You can pay attention to investment opportunities for breeding ETF (159865) (for details, see "Liang Xing: Detailed Explanation of Investment Opportunities for Medicine and Breeding Industry" To.

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