Zhongxin Finance, January 16 (Reporter Xie Yiguan) The stock market is a barometer of the economy. There is still some time before the opening of the Beijing Winter Olympics, and capital is the first to get restless. One after another red."

Winter Olympics concept stocks perform well

  Flush iFinD data shows that as of January 14, the monthly increase in the Winter Olympics sector was 3.46%.

In contrast, the Shanghai Composite Index fell by 3.26%, the Shenzhen Component Index fell by 4.76%, and the ChiNext Index fell by 6.12%.

It can be seen that the performance of the Winter Olympics concept stocks is strong.

The daily K chart of the Winter Olympics sector.

  In addition, statistics from China-News Finance and Economics reporters found that since December 27, 2021, the Winter Olympics Index has risen for 8 consecutive trading days, with an increase of 13.84% during the period.

  Among the 95 Winter Olympics concept stocks, there are also many outstanding listed companies.

As of January 14, over the past month, Bingshan Cold and Heat, Digital Zhengtong, Snowman, COFCO Engineering, Yuanlong Yatu, etc. have increased by more than 50%.

  Among them, during the hot and cold period of the iceberg, the increase was the highest, reaching 112.23%, and the market value soared by 3.559 billion yuan.

Judging from the stock price trend, since December 29, 2021, the iceberg has recorded "8 boards in 12 days".

Iceberg cold and hot stock price daily K chart.

  Bingshan cold and heat are so popular because its subsidiary Bingshan Engineering won the bid for the simulation test section of the Winter Olympics toboggan run, and the associated company Panasonic Refrigerator undertook the construction of the Winter Olympics Ice Cube Project, Chengde Saihanba National Ice Sports Center, Several Olympic ice rinks such as the National Aquatics Center and Wukesong Gymnasium.

  Under the boom of the Winter Olympics, another recent "stock market star" is Yuanlong Yatu, which has obtained the qualifications of a licensed retailer and a licensed manufacturer for the Beijing 2022 Winter Olympics.

Since January 11, it has not only recorded "two boards in four days", but has also recorded a cumulative increase of 47.36% since the beginning of this year.

Related sectors have also followed suit

  Not just the Winter Olympics section.

In recent years, the country has taken the 2022 Beijing Winter Olympics as an opportunity to vigorously develop ice and snow sports.

  The "China Ice and Snow Tourism Development Report (2022)" recently released by the China Tourism Academy shows that the Beijing Winter Olympics has stimulated enthusiasm for ice and snow tourism, and "300 million people on ice and snow" is becoming a reality.

68.4% of tourists are very sure that they will increase the number of ice and snow tourism due to the influence of the Beijing Winter Olympics.

  Therefore, with the approaching of the Beijing Winter Olympics, the ice and snow industry sector has also risen.

  The data shows that since December 2021, as of January 14, the cumulative increase in the ice and snow industry sector has reached 21.14%.

The representative stock of Rheinland Sports, the stock price has started to take off since December 27, 2021, and it has risen for 8 consecutive times until January 6, with an increase of 57.36% during the period.

The daily K chart of the ice and snow industry sector.

  In addition, the 2022 work meeting held by the Business Management Department of the People's Bank of China recently pointed out that the pilot of the digital RMB Winter Olympics scenario is steadily advancing, achieving full coverage of seven scenarios, carrying out 3 large-scale digital RMB pilot activities, landing 403,000 scenarios, and the transaction amount. 9.6 billion yuan.

  The promotion of digital renminbi has gradually entered a large-scale stage and the application of the Winter Olympics has been boosted. Recently, the digital currency sector has also begun to take off.

As of January 14, among the digital currency concept stocks, Cuiwei shares, New Cape, Shensi Electronics, and Principal Century had a cumulative monthly increase of more than 40%, of which Cuiwei shares had a cumulative monthly increase of 83.91%.

  "The Winter Olympics may bring an overall economic boost to China and the corresponding host cities. There are huge potential business opportunities in sub-sectors such as venue construction, sponsorship services, technical support, energy and transportation facilities, and licensed product sales. It is recommended to pay attention to sub-tracks. It is a leading company in China," said Xu Xi, an analyst at Guoyuan Securities.

"Dip" the Winter Olympics?

Investors frequently ask questions

  The strong performance of Winter Olympics concept stocks has also attracted the attention of many investors.

  On the interactive platforms of the Shanghai Stock Exchange and the Shenzhen Stock Exchange, investors have recently asked listed companies whether they have participated in the Winter Olympics project.

Screenshot from Shenzhen Stock Exchange Investor Interactive Platform.

  For example, an investor asked Radio and Television Express, "The Winter Olympics will be held soon, and the digital currency will be used at the Winter Olympics! Excuse me, does the company provide products for the use of the Winter Olympics digital currency?"

  Some investors even "suggested" for the listed company. Some investors told Huaci Co., Ltd., "Is the company targeting the Winter Olympics, enhancing the company's reputation, and producing Winter Olympics memorabilia, a once-in-a-lifetime opportunity, I hope the company will not miss it. "

There is a high probability of rising, and the Winter Olympics may be expected

  In addition to wanting to "eat meat" with the concept stocks of the Winter Olympics, some investors question whether there will continue to be "Winter Olympics market" to "drink soup".

  According to the statistics of Industrial Securities, judging from the market performance since the 18th Winter Olympics in 1998, the probability of rising before the Winter Olympics is generally higher than that after the Winter Olympics. The probability is 83.33%, and the probability of rising in the 14 trading days after the event is only 33.33%.

  Since the Beijing Winter Olympics and the Spring Festival of the Year of the Tiger overlap, the Spring Festival market may be superimposed during the Winter Olympics.

  Yuekai Securities has counted the returns of the CSI 300 Index before and after the Spring Festival from 2002 to 2020. The winning rate (the proportion of years with positive absolute returns) in the 10 trading days before and after the Spring Festival was 74% and 68%, and there were 5 transactions before and after the Spring Festival. Day's win rates are 79% and 47%.

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