The Shanghai airport is "planted". On February 1st, Shanghai Airport opened at a daily limit, which was in sharp contrast with the daily limit of the previous trading day.

in the news, on the evening of January 29th, Shanghai Airport released the performance forecast for 22. During the reporting period, the company made a net loss of 1.21 billion yuan to 1.29 billion yuan, and achieved a profit of 5.3 billion yuan in the same period of 219, a sharp drop of 124%~126% year-on-year. According to Shanghai Airport, in 22, the development of various businesses and customer operations of the company will be greatly affected, and the operating pressure of the company will continue to increase.

It is understood that in order to cope with the impact of the epidemic, Shanghai Airport exempted the relevant project fees and lowered some project fees according to the relevant policy requirements of the Civil Aviation Administration.

at the same time, due to force majeure events and major situation changes, Shanghai Airport and Rishang (Shanghai) signed the Supplementary Agreement on the Transfer Contract of Duty-free Shop Project Management Right through negotiation. After the signing of the supplementary agreement, the most obvious change is reflected in the adjustment of the airport tax-free rent collection method.

on January 31st, CICC released a research report, adjusted the target price and profit forecast of Shanghai Airport, and downgraded its rating to neutral. In addition, Justin Kwok, an analyst at Goldman Sachs, downgraded the rating of Shanghai Airport to sell, with a target price of 73 yuan, and the previous rating was buy.

according to Wind data, as of December 31st, 22, there are 59 funds in the whole market holding shares of Shanghai Airport, among which E Fund managed by Zhang Kun, a star fund manager, holds 21.8 million shares, which is the largest fund product holding Shanghai Airport. At the same time, Huitianfu CSI Shanghai State-owned Enterprise ETF holds more than 1 million shares.

At present, the reversal of Shanghai Airport's performance has caused the company's down limit, with E Fund's small and medium-sized stocks losing 172 million yuan in a single day and Huitianfu CSI Shanghai State-owned ETF losing 81.19 million yuan.

Zhang Kun has a soft spot for Shanghai Airport. Since the fourth quarter of 216, E Fund's small and medium-sized enterprises have held heavy positions in the company for 17 consecutive quarters, continuing Zhang Kun's style of "insisting on green hills and not relaxing". In the fourth quarter of 22, the fund added 2.2 million shares, and Shanghai Airport rose from the tenth largest awkward stock to the eighth largest awkward stock.

previously, Zhang Kun said in an interview that, based on global comparison, he thinks that Shanghai Airport is the leader of global airport listed companies in the airport industry, and it is absolutely optimistic about Shanghai Airport.

In 216, Zhang Kun got a brand-new understanding of Shanghai Airport when he studied Internet companies. He believes that Shanghai Airport is not just a public utility stock, but can be regarded as a traffic platform. All traffic on this platform can be realized in the form of business or advertising. From the point of view of traffic, Shanghai Airport can be exclusively enjoyed at zero cost, and in a closed environment, the value of realizing passenger traffic is very high.

(Author Chi Xiang, editor Li Yue)