The Shenzhen Component Index rose 2%, led by "synthetic biology"!

Hong Kong stocks decoded

2024-05-06 15:33Posted on the official account of Guangdong Hong Kong Stock Decoding

On May 6, the three major indexes collectively went up, as of the close, the Shanghai Composite Index rose 1.16%, the Shenzhen Component Index rose 2%, the ChiNext rose 1.98%, the Science and Technology Innovation 50 Index rose 1.33%, and the Beijing Stock Exchange 50 Index rose 1.43%. More than 4,300 stocks rose in the two cities. The turnover of the Shanghai and Shenzhen stock markets today was 1,102.5 billion yuan. Northbound funds bought a net of 9.316 billion yuan throughout the day, including a net purchase of 6.455 billion yuan in Shanghai-Hong Kong Stock Connect and a net purchase of 2.860 billion yuan in Shenzhen-Hong Kong Stock Connect.

The concept of synthetic biology was among the top gainers, and Twining Biotechnology (301301. SZ) rose 20%, and Yiduoli (300381. SZ) rose 18.67%, and Azure Biotech (603739. SH) rose 10%.

On the news side, according to Wuxi Daily, the synthetic biology innovation team of the Future Food Science Center of Jiangnan University uses synthetic biology technology to produce ordinary molecular weight hyaluronic acid with the help of microbial fermentation, reducing the cost from tens of thousands of yuan per kilogram to several hundred yuan per kilogram, and realizing the promotion and application of hyaluronic acid in large quantities. In addition, since last year, Beijing, Jiangsu, Shanghai and other places have successively introduced policies to support the development of the biomanufacturing industry.

Lithium battery anode and graphite electrode plates strengthened, and Zhongke Electric (300035. SZ) rose 8.9%, Xiangfenghua (300890. SZ) rose 7.3%, and Putailai (603659. SH) rose 6.59%, and Shangtai Technology (001301. SZ) rose more than 5%.

According to a number of foreign media, the U.S. Treasury Department said on May 3, local time, that it would relax the restrictions on electric vehicle tax credits for batteries using Chinese graphite, and South Korean electric vehicle manufacturers that use Chinese graphite to make batteries can also receive a tax credit of up to $7,500 when they enter the U.S. market.

According to the data, the global lithium battery anode material manufacturers are mainly distributed in China. According to the statistics of high-tech lithium battery, China's lithium battery anode material shipments account for more than 70% of the global market share, and the rest are mainly in Japan and South Korea.

Chemical stocks also showed strong momentum, with United Chemical (301209. SZ) rose 20%, and Colorful Chemical (300758. SZ) rose 19.96%, and Lubei Chemical (600727. SH) rose 10%.

On the news side, the China Federation of Logistics and Purchasing announced China's commodity price index in April on the 5th. Judging from the operation of the index, the index rose for two consecutive months in April, and the increase expanded. In terms of industries, the price indices of nonferrous metals and chemicals continued to rise month-on-month.

Guosen Securities said in a recent research report that as the domestic economy continues to recover and grow, a number of industrial support and stimulus policies have been gradually implemented, and the overall prosperity of the chemical industry will stabilize and rebound in the medium and long term.

The real estate sector performed well, and Huayuan Real Estate (600743. SH), Nanguo Real Estate (002305. SZ), Sunshine Co., Ltd. (000608. SZ) rose 10%.

Recently, real estate policies in many places have been continuously optimized. On May 3, Shanghai Real Estate Industry Association and Shanghai Real Estate Brokerage Industry Association jointly proposed to launch the "old for new" activity of commercial housing in Shanghai. On April 30, the Beijing Municipal Commission of Housing and Urban-Rural Development issued the "Notice on Optimizing and Adjusting the Housing Purchase Restriction Policy in the City", proposing that on the basis of the implementation of the existing housing purchase restriction policy, residents who already own housing that have reached the purchase limit will be allowed to purchase a new house outside the Fifth Ring Road.

On the list of decliners, ST plates, scenic spots, tourism, quantum technology, etc. weakened, *ST Yinjiang (300020.SZ) fell 20%, Robotec (300757. SZ) fell 11.22%, and Tibet Tourism (600749. SH) fell 7.43%.

Author: Flying Fish

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