This week’s market review
Beijing Stock Exchange: This week (2022.5.16-2022.5.20), the China-Thailand-Beijing Stock Exchange Analog Index rose 0.78% to close at 647 points, which was lower than the China Securities 1000 Index (3.16%). Among the individual stocks, 91 individual stocks were mixed, among which Bio Valley had the highest increase this week (+20.48%), followed by Sharing Technology, with a weekly increase of 13.24%. This week, the stock turnover of the North Exchange was 2.212 billion yuan, down 13.44% from last week, and the average weekly turnover rate was 3.27%, down 14.30% from last week.
Innovation layer: The Innovation Component Index closed at 1496 points this week, up 0.29%. All industries rose this week, among which the third-board manufacturing (2.36%) rose the most, and the third-board consumption (2.21%) rose 2.21%. This week, the turnover of innovative stocks was 586 million yuan, down 8.49% from last week, and the average weekly turnover rate was 0.38%, down 2.83% from last week.
Listing & Fixed Incremental Trends
Beijing Stock Exchange: As of May 20, 2022, 53 companies in the Beijing Stock Exchange are in the review stage, Tide and Audiwei have been approved by the Beijing Stock Exchange, Huifeng Diamond has passed the meeting, and Tencent Soft Innovation has increased the acceptance. On May 18, Dayu Bio was listed on the Beijing Stock Exchange, with an increase of 16.7% on the first day.Dayu Biology 2021Operating income179 million yuan,net profit35.06 million yuan. On May 18, Tongxiang Technology was registered with the China Securities Regulatory Commission, which is the first refinancing project since the opening of the Beijing Stock Exchange.
Innovation Layer: This Week’s Innovation LayerZhongyuan SharesAccording to the fixed increase plan, Liming shares, Huaxinwei, Xinweiling, Chengdaxing and Huadian Guangda listed on the fixed increase.
View of the week
The market has continued to rebound recently, and has made some repairs to the previous continuous decline.As May gradually passes, the market will gradually shift its focus to the expectations of the second quarterperformanceWe expect that the short-term market still has the momentum to rebound, but it has weakened compared with the previous period. It is recommended to focus on listed companies with good performance expectations.
Risk warning: The risk of deviation from the actual situation of the industry caused by the limitations of the simulation index construction method is for reference only; the liquidity is lower than expected.
(Article Source:Zhongtai Securities)