(Original title: Pharmaceutical A shares plummeted on Black Monday! The reason has been found!)
Brothers and sisters, today’s stock market is too difficult! Thinking the World Cup is over and the curse gone, it’s time for a big price hike, but it turned out to be Black Monday! Almost dropped below 3100, what happened? Let’s find out why!
The stock index fell unilaterally today, and the decline extended to 2% in the afternoon. It once fell below 3100 points in the intraday session. At the close, the stock index fell by 1.92%, the Shenzhen component index fell 1.51%. , and the ChiNext index fell 1.14%.
A total of 543 individual shares in the two cities rose, and only 4,464 individual shares fell. The net sale of northbound funds was nearly 1.5 billion yuan.
Pharmaceutical stocks have unleashed the tide! Tests, medicines and masks have been wiped out! Nearly 10 stocks, including Yiling Pharmaceutical, Zhongsheng Pharmaceutical, Teyi Pharmaceutical, Tailong Pharmaceutical, Guizhou Bailing, etc., collectively fell to the limit, and Xuantai Pharmaceutical, Zhendong Pharmaceutical, Jiudian Pharmaceutical, Xiangxue Pharmaceutical and other stocks fell by more than 10 %.
Yiling Pharmaceutical, which makes Lianhua Qingwen, has dropped to the edge.
And Northeast Pharmaceutical has a daily limit, and the company’s 20 paracetamol antipyretic tablets are sold for just 2 yuan.
The education sector bucked the trend and strengthened: Dou Shen Education increased by more than 10%, and Angli Education, Xueda Education, Quantong Education and Chuanzhi Education rebounded. At the news, the Central Committee of the Communist Party of China and the State Council recently released the “Strategic Planning Outline for Expanding Domestic Demand (2022-2035)”, stressing that the quality of educational services should be improved, social forces should be encouraged to provide diversified educational services and the development of private education should be supported and regulated.
Next, let’s talk about the reasons for today’s big drop.
First, the benefits are realized.
The rally of the last two months was made in anticipation of the release of epidemic prevention and control and the market will return to fundamentals.
Second, the game trade ebb of political expectations
CITIC Securities’ research report over the weekend has already mentioned that the market is expected to still be dominated by short-term transactions characterized by the equity game, while the fierce game of political expectations will ease. The trading characteristics of the A-share stock game and the rapid turnover are still evident, and the profit effect has weakened.
Third, the market lacks momentum during the political vacuum.
The CITIC Construction Investment instructor also analyzed that overall, the recovery of fundamentals still needs to be patiently awaited and the market still needs shocks to digest the negative effects. Inflation in the US could remain sticky and the stagflation trade could last for a longer period of time.
Fourth, the reason for the collapse of pharmaceuticals is that the government expropriated part of the production capacity of pharmaceuticals, put in a large amount of production capacity, and cut back as soon as New Year’s Day, etc., so the excess profits of pharmaceuticals pharmaceutical companies will no longer exist.
In response to the increased demand for antipyretic drugs, many places have brought antipyretic drugs to market. According to the “Nanjing Release” news, as of the 19th, Nanjing will continue to release 2 million antipyretic drugs on the market every day. As of December 19, 153 retail pharmacies will merge and sell them in a unified manner. Each customer is limited to 6 capsules, which can be purchased with medical insurance. According to the “Hubei release” news, as of December 17, China Resources Hubei Pharmaceutical Co., Ltd. released 3 million ibuprofen tablets every day in Wuhan for a week, of which 80% were distributed to institutions medical and 20% to retail pharmacies. . According to Xiangyang Daily, as of December 18, Huazhong Pharmaceutical Co., Ltd. has been releasing 1 million ibuprofen tablets in Xiangyang every day to supply medical institutions and retail pharmacies.
Well, that’s about it for today’s reason.
