The coldest winter, the national heating emergency, power stocks have the potential to explode?

If technology and consumer industries are hotbeds for the birth of bull stocks, then power stocks are undoubtedly one of the most unpopular industries in the stock market. How cold are power stocks? Even worse than "backward production capacity" stocks. In recent years, non-ferrous stocks and coal stocks, which are regarded as "high pollution and backward production capacity", have generally fallen and become the object of capital abandonment. When various media shouted "the bull market is coming", nonferrous metals and coal all showed different degrees of rising performance. For example, Zhuzhou Smelter Group, a non-ferrous stock, has four daily limit boards for four days; Coal stocks open-pit coal industry, 4 daily limit boards in 6 days. "Coal is dancing", and the market once thought that "the style changes and the king of cyclical stocks returns". Compared with these cyclical stocks, power stocks are too quiet! The "long-neglected" power stocks ushered in a small outbreak.

There are three reasons for the rise of power stocks.

1. Power stations with reduced costs mainly include hydropower stations, thermal power stations, nuclear power stations and wind power stations. China is a big coal-producing country with a relative shortage of water resources. In terms of power generation, coal-fired power accounts for about 73%, hydropower accounts for about 15%, and the rest is nuclear power and wind power. Coal is the most important raw material cost for power generation enterprises. Coal used for power generation is also called power coal. The price of thermal coal has fallen sharply, and the cost side is good for thermal power enterprises. Let's talk about hydropower. Large-scale rainfall occurred in many southern provinces, and the water levels of rivers in many places broke through historical extremes, causing floods. Flood threatens people's lives and property, but for hydropower enterprises, it will obviously increase the power generation. A hydropower station, a spillway tunnel and ten spillway tunnels have a world of difference in power generation.

Second, power generation and electricity consumption have increased. With the increasing efforts of the country to control the epidemic, enterprises have basically resumed work in an all-round way, and the electricity consumption at the enterprise end has increased. This is evident from the strong rebound of China's GDP growth rate to 3.2%. It's hot in summer, people blow air conditioners fiercely, and residents' electricity consumption also increases. The electricity consumption of enterprises and residents has increased, and the national power generation and unified call load have reached a record high. The rising demand for products is also good for enterprises.

Third, serious stagflation makes up for power stocks with strong demand and lack of concept and imagination, so they have been left out in the stock market for a long time. By the close of August 19, the power stocks had only increased by 6.2 1% during the year, which was seriously behind the Shanghai Stock Exchange Index and was even left behind by the Growth Enterprise Market Index. However, the wind and water turn, and the signs of market style change are obvious. The most typical is the decline of two high-valued varieties, technology stocks and pharmaceutical stocks.

The much-watched SMIC landed in science and technology innovation board. Since then, the technology stocks that rose in the early stage of SMIC's listing generally fell. A few days ago, after Russian announced the completion of the world's first COVID-19 vaccine registration, the pharmaceutical stocks of A shares also fell collectively.

What is the sustainability of power stocks? Will it end in a few days or will it last a long time? This is the most concerned topic. The rise of power stocks is supported by improved fundamental performance and lower technical position.