To estimate the loss, it is necessary to accept the loss naturally. If you stick to a losing position, you will often lose the next opportunity----- which is likely to be an opportunity to make a profit.
Latest Price: 2967.4;Chg:21.55;Chg:0.73%; Volume: 315 million lots, Turnover: 313.3 billion, Turnover Rate: 0.69%.
Leading the industry
1. Shipbuilding: increase: 4.62%; Up: 10; Decline: 0; Leaders: China Shipbuilding; Increase: 7.84%.
2. Consumer electronics: increase: 3.52%; Up: 92; Decline: 5; Leading stocks: DEREN Electronics; Increase: 9.97%.
| name | latest | Increase% | Change |
| Shanghai | 2967.4 | 0.73 | 21.55 |
| SZSE Component Index | 8848.7 | -0.01 | -1 |
| GEM refers to | 1683.43 | -1.16 | -19.77 |
| BSE 50 | 708.97 | 0.36 | 2.57 |
| Science and Technology 50 | 712.08 | -0.46 | -3.28 |
| CSI 300 | 3461.66 | 0.22 | 7.54 |
| CNI 2000 | 6095.88 | 0.71 | 42.95 |
| CSI 1000 | 4895.99 | 0.66 | 31.9 |
| The average share price of A shares | 15.98 | 0.31 | 0.05 |
| Large-cap value | 7232.97 | 0.71 | 50.65 |
| Small-cap growth | 3939.62 | 0.11 | 4.22 |
| Hang Seng Index | 17718.61 | 0.01 | 2.14 |
| Taiwan weighting | 23032.25 | 0.55 | 126.27 |
| Dow jones | 39118.86 | -0.12 | -45.2 |
| Nasdaq | 17732.6 | -0.71 | -126.08 |
| UK FTSE 100 | 8164.12 | -0.19 | -15.56 |
| German DAX30 | 18235.45 | 0.14 | 24.9 |
| French CAC40 | 7479.4 | -0.68 | -51.32 |
| SENSEX, MUMBAI, INDIA | 79032.73 | -0.27 | -210.45 |
| Russian RTS | 1158.85 | -0.79 | -9.2 |
| Nikkei 225 | 39583.08 | 0.61 | 241.54 |
| KOSPI, South Korea | 2797.78 | 0.5 | 14.02 |
| COMEX Gold | 2336.9 | 0.01 | 0.3 |
| NYMEX Crude Oil | 81.46 | -0.34 | -0.28 |
| Rebar main connection | 3535 | -0.06 | -2 |
| A50 period refers to the current month consecutive | 11904 | 0.02 | 2 |
| USD-RMB mid-parity | 7.1268 | -0.0002 | |
| USDCNH | 7.3001 | -0.05 | -0.0037 |
First, the market panorama
1. Overview:
On June 28, the stock indexes rose and fell, and there was a dive in the afternoon. The Shanghai Composite Index rose 0.73% to 2,967.4 points, the Shenzhen Component Index fell 0.01% to 8,848.7 points, the ChiNext Index fell 1.16% to 1,683.43 points, and the STAR 50 Index fell 0.46% to 712.08 points. The total turnover of the Shanghai and Shenzhen markets was 703.257 billion yuan, an increase of 76.9 billion yuan from the previous day. More than 3,000 stocks rose in the two cities. On the theme of the plate, copper cable high-speed connection, consumer electronics, national defense and military industry, UHV, and China Shipbuilding are among the top gainers.
The Shanghai Composite Index fell for 6 consecutive weeks, and from May to July 2018, the Shanghai Composite Index fell for 7 consecutive weeks, and the Shanghai Composite Index has now set a record for the longest consecutive week of decline in 6 years.
Judging from the market performance in the first half of the year, the performance of several major indexes was differentiated, among which the Shanghai Composite Index fell 0.25%, the Shanghai Composite 50 and CSI 300 Indices closed higher, the ChiNext Index fell more than 10%, the CNI 2000 Index fell nearly 20%, and the Beijing Stock Exchange 50 Index fell more than 30%. In the first half of the year, high-dividend blue-chip stocks performed strongly, with many stocks such as Yangtze Power and CNOOC hitting record highs; Low-altitude economy and other hot topics were once active. Overall, large-cap blue-chip stocks performed better, while small- and medium-cap stocks generally fell, with less than 800 stocks rising out of more than 5,000 stocks in the market.
2. Trading Water Temperature: Divergence
3. Money-making effect: general
4.A50 performance
The A50 futures index was 11904 consecutive (yesterday: 11898) in the current month, an increase of 0.02% (yesterday: -0.2%), and a change of 2 (yesterday: -24) (closing data at 5:14 am on June 29, 2024).
5. Ups and downs
A total of 2,887 (yesterday: 504) stocks rose in Shanghai and Shenzhen, 1984 (yesterday: 4,517) stocks fell, 217 stocks were flat (yesterday: 68), and 26 (yesterday: 27) stocks were suspended. Excluding the new stocks listed on the same day, there are 48 (yesterday: 44) stocks with a daily limit, and 27 (yesterday: 23) stocks with a downward limit.
(The data sources are inconsistent, for analysis reference only)
6. Transaction Amount
The total turnover of the Shanghai and Shenzhen markets was 7032.57 (yesterday: 626.323) billion yuan, the Shanghai Stock Exchange 3133.47 (yesterday: 266.671) billion yuan, the Shenzhen Stock Exchange 3899.10 (yesterday: 359.652) billion yuan, and the venture 189.088 (yesterday: 176.839) billion yuan.
Opening turnover: 14.89 (yesterday: 1.951) billion yuan on the Shanghai Stock Exchange, 26.12 (3.191 billion yuan on the Shenzhen Stock Exchange), 14.46 (1.307 billion yuan on the previous day).
7. Continuous daily limit
Continuous daily limit stocks: ST Dehao (home appliance industry) (5) Yingtong Communication (consumer electronics) (3) Sanhui Electric (power grid equipment) (3) ST Kangmei (traditional Chinese medicine) (2) Tanaka Seiki (special equipment) (2) Deli shares (household light industry) (2) ST Dinglong (culture media) (2) *ST Jinke (real estate development) (2) Guohua network security (software development) (2).
High-bid stocks: ST DH has closed 5 daily limits in a row:
ST Dehao (002005): increase in holdings + loss reduction in the first quarter + ST plate + small household appliances 1, announced on the evening of June 21, shareholders Bengbu Xinrui Project Management Co., Ltd. and Beijing Fengyan Zhenxuan No. 2 Private Securities Investment Fund plan to increase their holdings of the company's shares in centralized bidding transactions, block transactions and other transactions within 6 months from June 24, 2024, with an increase of not less than RMB 85 million and no more than RMB 170 million. 2. On the evening of April 26, the company released the first quarter report of 2024, and the company achieved operating income of 153 million yuan during the reporting period, a year-on-year decrease of 13.7%; The net loss attributable to shareholders of listed companies was 15.834 million yuan, a year-on-year decrease of 62.54%. 3. The company is mainly engaged in small household appliances business and LED packaging business. The company's main products include bread makers, ovens, coffee pots, blenders, LED encapsulation.
8. Concentration of daily limits
Sectors with a high concentration of daily limit stocks: power grid equipment, consumer electronics, electronic components, special equipment, auto parts, software development, home appliance industry, communication equipment, and traditional Chinese medicine.
9. Limit and seal orders
The top 15 (yuan) in the amount of daily limit sealed orders: Lingyi Zhizao (fruit chain + Apple Vision Pro + humanoid robot) (112 million), Deli shares (low-priced micro-cap stocks + games + photovoltaic + daily glassware) (107 million), Sanhui Electric (electric energy meter + energy storage + virtual power plant + robot) (91.1477 million), Xingmin Zhitong (vehicle road cloud + unmanned driving + data elements + steel wheels) (74.4557 million), Valin Seiko (increase + elevator + photovoltaic +Wind power) (70.103 million), Yingtong Communication (electroacoustic products + smart wearables + Apple + micro-cap shares + controlling shareholders to release part of the pledge) (68.5788 million), Desay Battery (Apple or new battery technology + lithium battery + packaging) (66.853 million), Kaiwang Technology (copper high-speed connection cable + electronic precision cable connection components + charging pile + Huawei concept) (65.931 million), Wall Nuclear Materials (copper high-speed connection + nuclear power + robot) (6, 5.0833 million), Dongjie Intelligent (paid advance payment to Guodian Hi-Tech + intelligent logistics + state-owned enterprise reform) (61.671 million), China Xidian (smart grid + UHV + Zhongzi) (56.9803 million), Guohua Network Security (Internet of Vehicles + network security + Hongmeng + domestic adaptation) (54.6076 million), Tanaka Seiki (Apple concept + automation equipment + integrated inductor production line) (53.5955 million), DEREN Electronics (high-speed connector + consumer electronics +High-voltage fast charging + Huawei) (47.5434 million), innovative new materials (aluminum alloy + automotive lightweight + Xiaomi car + consumer electronics) (47.2402 million).
10. Limit time
The top 10 in the daily limit time: Sanhui Electric (electric energy meter + energy storage + virtual power plant + robot), Valin Seiko (increase + elevator + photovoltaic + wind power), Dongjie Intelligent (once paid advance payment to Guodian Hi-Tech + intelligent logistics + state-owned enterprise reform), Deli shares (low-priced micro-cap stocks + games + photovoltaic + daily glassware), Desay Battery (Apple or use new battery technology + lithium battery + packaging), Kangxin New Materials (take the lead in disclosing semi-annual reports + proposed repurchase + new building materials supplier + carbon neutrality + state-owned enterprises), DEREN Electronics (high-speed connector + consumer electronics + high-voltage fast charging + Huawei), Kaiwang Technology (copper high-speed connection cable + electronic precision cable connection components + charging pile + Huawei concept), Yingtong Communication (electroacoustic products + smart wearable + Apple + micro-cap shares + controlling shareholder to release part of the pledge), Valin Cable (wire and cable + photovoltaic cable + commercial aerospace + robot).
11. Main funds
The main funds of Shanghai and Shenzhen have a net inflow of 2.3 billion yuan today (yesterday: a net outflow of 19.937 billion yuan). Among them, the net outflow of the main funds of the Growth Enterprise Market was 2.368 billion yuan, the net inflow of the main funds of the CSI 300 constituent stocks was 1.639 billion yuan, and the net inflow of the main funds of the Science and Technology Innovation Board was 0.03 billion yuan.
Today, there are 16 industries with a net inflow of main funds, of which the electronics industry has the largest net inflow, with a net inflow of 2.711 billion yuan; the net inflow of the main funds of the industry is also in the top of the automobile, communications, petroleum and petrochemical, banking, and national defense and military industry, with a net inflow of 1.297 billion yuan, 963 million yuan, 627 million yuan, 369 million yuan, and 335 million yuan respectively. The main funds of 15 industries showed a net outflow, of which the non-bank financial industry had the largest net outflow of main funds, with a net outflow of 1.413 billion yuan, and the top net outflows of the main funds of the industries were computers, media and real estate, with net outflows of 1.032 billion yuan, 477 million yuan and 473 million yuan respectively.
Today, 2,378 stocks received a net inflow of main funds, of which 26 stocks received a net inflow of more than 100 million yuan. The net inflow of the main funds of Cialis is the largest, with a net inflow of 741 million yuan, and the top stocks with the net inflow of main funds are Lingyi Zhizao, Wall Nuclear Materials, Kweichow Moutai, ZTE, and China Xidian, with net inflows of 565 million yuan, 462 million yuan, 419 million yuan, 405 million yuan, and 318 million yuan respectively.
In addition, 2,685 stocks were net sold by the main funds, of which 16 shares were sold by the main funds for more than 100 million yuan. The stocks with the largest net outflow of main funds were Oriental Fortune, with a net outflow of 667 million yuan, and the top stocks with net outflows of main funds were Luzhou Laojiao, iFLYTEK, Vantone Development, Wenzhou Hongfeng and Poly Development, with net outflows of 303 million yuan, 219 million yuan, 145 million yuan, 141 million yuan and 136 million yuan respectively.
12. Dragon and Tiger List
Today's institutional seat funds totaled about 215 million yuan (yesterday: net selling about 69.5348 million yuan). Among them, 11 stocks were net buyers and 9 stocks were net sellers.
Top 10 Net Purchases (Industry Sectors) (Purchase Amount, Yuan): Lingyi Intelligent Manufacturing (Consumer Electronics) (155 million), Wall Nuclear Materials (Other Electronics) (114 million), High-tech Development (Building Decoration) (98.6719 million), Dalian Thermal Power (Electric Power) (65.2189 million), Desay Battery (Power Equipment) (59.9733 million), Xinte Electric (Power Equipment) (59.0995 million), North Changlong (National Defense and Military Industry) (51.3331 million), Mankun Technology (Semiconductors and Components) (36.478 million), Hongyuan Electronics (National Defense and Military Industry) (29.7014 million), Hualian (Retail) (25.9413 million) (Yesterday (10,000 yuan): Espressif Technology (Semiconductors and Components) (6189.24), Science and Technology Information (Computer Applications) (5289.08), Junya Technology (Semiconductors and Components) (4561.49), Tanaka Seiki (Automation Equipment) (4095.64), G.Tech Technology (Computer Equipment) (3874.33), Li'an Technology (Consumer Electronics) (2686.10), Meixin Technology (Communication Equipment) (2233.90), Wenzhou Hongfeng (Power Equipment) (2188.33), Jieqiang Equipment (National Defense and Military Industry) (1912.65), Jiuding Investment (Insurance and Others) (1778.83)).
Top 10 net purchases of institutional seats (industry sectors) (purchase amount, yuan): High-tech Development (Building Decoration) (103 million), Wall Nuclear Materials (Other Electronics) (86.512 million), Lingyi Intelligent Manufacturing (Consumer Electronics) (81.0977 million), Xinte Electric (Power Equipment) (25.7524 million), Maxim Technology (Communication Equipment) (18.1979 million), Desay Battery (Power Equipment) (18.0987 million), Brilliant Technology (Communication Equipment) (15,818,100), Genvict Technology (Other Electronics) (14,718,400), Mankun Technology (Semiconductors and Components) (6,739,600), Jiebang Technology (Consumer Electronics) (857,600) (Yesterday (10,000 yuan): Espressif Technology (Semiconductors and Components) (3874.81), Jieqiang Equipment (National Defense and Military Industry) (2536.54), Sanhui Electric (Power Equipment) (1548.94), G.Tech (computer equipment) (1027.59), Vantone Development (real estate development) (628.47), Taxyou (computer application) (510.30), Yingtong Communication (consumer electronics) (441.37), Huawen Group (media) (368.03), Tuoshan Heavy Industries (special equipment) (175.41), Yangzi New Materials (building materials) (115.97)).
The largest net selling stock by institutions is Dongrui shares, with a net selling amount of about 37.8634 million yuan, and the top net selling stocks by institutions are also tax friends shares, Shenzhen Ruijie and other stocks.
High-tech Development rose 5.14% today. Four institutions appeared on the list of dragons and tigers, with a total net purchase of 103 million yuan; Guotai Junan Securities Co., Ltd. Taizhou Gulou South Road Securities Business Department bought 25.4594 million yuan and sold 99,000 yuan at the same time; China Galaxy Securities Co., Ltd. Beijing Zhongguancun Street Securities Business Department bought 422,600 yuan and sold 44.4096 million yuan at the same time.
13. Northbound funds
The cumulative turnover of northbound funds in June was 2,258.504 billion yuan, and the cumulative net selling was 44.445 billion yuan. Among them, the total net sale of Shanghai-Hong Kong Stock Connect was 24.626 billion yuan, and the total net sale of Shenzhen-Hong Kong Stock Connect was 19.819 billion yuan.
On June 28, the turnover of northbound funds today was 108.276 billion yuan (yesterday's turnover was 102.932 billion yuan), and the net purchase was 4.948 billion yuan (yesterday's turnover was 10.958 billion yuan). Among them, the Shanghai Stock Connect net purchase was 4.937 billion yuan, and the Shenzhen Stock Connect net purchase was 11 million yuan.
Northbound funds bought more net today, including China Shipbuilding, Industrial Fortune Union, Zijin Mining, Sailis, and Yangtze River Power, with net purchases of 458 million yuan, 372 million yuan, 299 million yuan, 141 million yuan, and 119 million yuan respectively. The net sales of northbound funds were more Wanhua Chemical, Wuliangye, Zhongji Innolight, CATL, and Xinyisheng, with net sales of 318 million yuan, 268 million yuan, 253 million yuan, 250 million yuan, and 142 million yuan respectively.
14. Margin Trading
Margin financing and securities lending: On June 27, the financing balance was 1,455.5 billion yuan (1,458.9 billion yuan the day before), the net financing purchase was -3.398 billion yuan (22.7 million yuan the day before), the balance of securities lending and borrowing was 31.40 billion yuan (31.92 billion yuan the day before), and the net sale of securities lending and borrowing was 29.32 million shares (48.22 million shares the day before).
The top 10 net buying sectors of financing (yuan): electronic components (182 million), chemical pharmaceuticals (139 million), coal industry (123 million), real estate development (113 million), non-ferrous metals (80.7837 million), shipping ports (79.2367 million), biological products (70.5852 million), auto parts (61.652 million), power industry (50.7219 million), instrumentation (49.5628 million).
The top 10 stocks (10,000 yuan) were net purchased: Espressif Technology (7994), Hang Seng Technology (6813), Short-term Financing ETF (6253), China Nuclear Power (5190), COSCO Shipping Holdings (4958), Xinyada (4427), Juhua (4295), Yankuang Energy (3126), Wanhua Chemical (3108), Huaneng Hydropower (3081).
15. Summary of stocks with year-on-year index earnings
1220 stocks (yesterday: 378) with a profit of 1%-3%, accounting for 26.84% (yesterday: 8.32%); 378 stocks with a profit of 3%-5% (yesterday: 93), accounting for 8.32% (yesterday: 2.05%); There were 182 stocks with a profit of 5% or more (yesterday: 104), accounting for 4% (yesterday: 2.29%).
16. Heavyweight stock performance on the day
The concept of consumer electronics led the rise throughout the day, with Tanaka Seiki, Jiebang Technology, Yingtong Communication, Tsit Wing Technology, Desay Battery and other stocks up and down. The concept of copper cable high-speed connection is among the top gainers, and Kaiwang Technology, Huamai Technology, Wall Nuclear Materials, and DEREN Electronics have a daily limit. The concept of smart grid rebounded, Sanhui Electric 3 boards, Xinte Electric, Moen Electric, and Changgao Electric new daily limit. The national defense and military industry sector is active, and North Changlong and Hongyuan Electronics both have daily limits. Brokerage stocks dived in the afternoon, Oriental Wealth fell more than 6%, Capital Securities, Everbright Securities, etc. followed, the media sector led the decline, and Rongxin Culture and Qitian Technology were among the top decliners. (Yesterday: The concept of consumer electronics led the rise throughout the day, Tanaka Seiki, G.Tech Technology, Yingtong Communication, Li'an Technology, Yitian shares rose more than 10%, and Lingyi Zhizao rose by the limit.) The AI application side rose first, Huayang Lianzhong 2 boards, and Insai Group and Zitian Technology rose by more than 9%. The real estate sector rebounded, and Zhongtian Service and Yatong shares both rose to the limit. The concept of fiscal and tax reform was active in the afternoon, and the shares of tax friends were 3 boards, and the interconnection of finance and finance followed up. The concept of non-ferrous metals led the decline, Guocheng Mining fell by more than 5%, and Shengda Resources and Pengxin Resources followed suit. The concept of weight loss drugs fell first, and Zhengguang shares fell by more than 7%. ）。
17. Exponential Contribution
Top 10 Contribution Points (Contribution Points) (Increase): PetroChina (6.65) (6.50%)Sinopec (1.02) (2.60%)China Shenhua (0.94) (2.00%) Zijin Mining (0.90) (3.96%) China Shipbuilding (0.86) (7.84%) China Telecom (0.86) (2.84%) Agricultural Bank of China (0.83) (0.93%) Industrial Fortune Union (0.76) (2.20% Cialis (0.65) (7.85%) CRRC (0.52) (4.60%) (Yesterday: Industrial and Commercial Bank of China (1.23) (1.24%) Agricultural Bank of China (0.83) (0.93%) Bank of China (0.82) (1.32%) China Telecom (0.66) (2.22%) Postal Savings Bank (0.47) (1.83%) Beijing-Shanghai High-speed Railway (0.32) (1.91%) Bank of Communications (0.28) (1.50% Yangtze Power (0.27) (0.59%), China Merchants Bank (0.27) (0.59%), China CITIC Bank (0.20) (1.21%)).
Top 10 contributors (contribution points) (gains) of SZSE Index: ZTE (3.20) (4.06%), Goertek (2.00) (4.78%), Luxshare Precision (1.95) (1.18%), Midea Group (1.79) (0.62%), Weichai Power (1.77) (2.40%), Lingyi Intelligent Manufacturing (1.69) (10.05%), BOE A (1.53) (1.24%), Xu Ji Electric (1.52) (8.04%), Zhongji Innolight (1.39) (1.28%)Xinwei Communication (1.21) (9.02%) (Yesterday: Lixun Precision (2.76) (1.70%) BOE A (1.53) (1.25%) Lingyi Zhizao (1.07) (6.77%) Dongshan Precision (0.96) (4.27%) AVIC (0.95) (8.75%) Wen's (0.70) (0.70%) Lens Technology (0.70) (2.22% Bank of Suzhou (0.50) (2.51%), Ninestar (0.48) (2.16%), Ping An Bank (0.39) (0.50%)).
18. Agency Ratings
The top 10 original ratings of the latest research institutions: Dinglong shares, GigaDevice Innovation, Yongtai Energy, PetroChina, Pinggao Electric, Xinhecheng, Quectel Communications, Yingjiagongjiu, Goertek, Juhua shares.
19. Institutional research
The top 10 latest research institutions: Aipeng Medical, Xiechuang Data, Jiangsu Shentong, Haimo Technology, Yuntu Holdings, Tonghe Pharmaceutical, Shenzhen Tianma A, Yantian Port, Rainbow Shares, and Tunan Shares.
20. Company Buybacks
The top 10 companies repurchased the latest companies: Tongwei Co., Ltd., Sany Heavy Industry, Jianfan Biotechnology, Kangenbei, Dezhan Health, Bloomage Biotechnology, Chifeng Gold, Shuoshi Biotechnology, Fuchuang Precision, and Dongpeng Holdings.
21. Shareholder Reduction
The top 10 shareholders of the latest company announcement are Anlu Technology, Baichuan Energy, Zhongwang Software, Bohui Technology, Poly Development, Massive Data, EFORT, Chuanzhi Education, Huate Gas, and Shenglong Shares.
22. Popularity list
The top 20 stocks on the popularity list (ranked at 21 o'clock on June 28, 2024): Lingyi Intelligent Manufacturing, Oriental Fortune, Cialis, China Xidian, Wall Nuclear Materials, China Shipbuilding, PetroChina, Yingtong Communication, Kaiwang Technology, DEREN Electronics, Jindun Shares, Mankun Technology, Kweichow Moutai, Tanaka Seiki, Sanhui Electric, Dalian Thermal Power, Goertek, Furong Technology, BAIC Blue Valley, Guanghui Automobile.
23. New sections
New Straight Flush Concept Indices during the year: Controlled Nuclear Fusion (886065) (2024.1.2), Flying Car (eVTOL) (886066) (2024.1.11), Low-altitude Economy (886067) (2024.1.25), Sora Concept (Wensheng Video) (886068) (2024.2.19), Humanoid Robot (886069) (2024.2.27), AI Mobile Phone (886069) (2024.3.4), AI PC Concept (886071) (2024.3.5), High Dividend Selection (886072) (2023.12.29), Copper Backplane Connection (886073) (2024.3.20), AI Corpus (886074) (2024.3.28), Straight Flush Overseas 50 (886075) (2024.4.8), Military informatization (886076) (2024.4.23), synthetic biology (886077) (2024.4.30), commercial aerospace (886078) (2024.5.29), 2024 interim report (886079) (2024.6.26).
24. Hotspots & Mainlines:
(1) Main line: None
(2) Hot spots:
Category 1 Hot Spots: None
The second type of hot spots: power grid equipment, consumer electronics, electronic components, AI, diversified finance, Kete Valuation, and China Special Valuation.
Rotation hotspots: power grid equipment, consumer electronics, electronic components, industrial machine tools, diversified finance, brain-computer interface, PEEK materials, communication equipment, automobiles, media, science and technology evaluation, China special evaluation, automotive services, national defense and military industry, commercial aerospace, memory chips, semiconductors, precious metals, non-ferrous metals, lithography machines, real estate, copper high-speed connection, electric power, AI, aquaculture, big finance, solid-state batteries, CRO concept, media.
25. Money-making effect tags
Copper high-speed connections, consumer electronics, power equipment (yesterday: AI applications, banking, fiscal and tax reforms).
26. Today's hot performance
The top 30 industries with hot spots: copper cable high-speed connection, China Shipbuilding system, consumer electronics, flexible DC transmission, wireless charging, Foxconn concept, UHV, domestic aircraft carrier, EDR concept, WiFi 6, national defense and military industry, consumer electronics concept, terahertz, Apple concept, F5G concept, smart grid, PCB concept, precious metals, wireless headphones, offshore equipment, superconducting concept, high-voltage fast charging, virtual power plant, power Internet of Things, 6G concept, communication equipment, AI PC, electricity, aero engine, Smart wearables (yesterday: banking, real estate services, attractions and tourism).
The top 30 industries in the hot spots: securities, family doctors, digital currency, intellectual property protection, Internet finance, electronic ID card, Sora concept (Wensheng video), data confirmation, rental and sales of the same rights, soybeans, media, Web3.0, beverage manufacturing, dairy, Internet insurance, NFT concept, cloud office, DRG/DIP, fuel ethanol, Huawei Kunpeng, real estate services, ERP concept, futures concept, medical services, real estate development, Ant Financial concept, liquor concept, computer application, skit games, aquaculture industry (yesterday: photoresist, lithography machine, science and technology innovation new stocks, weight loss drugs, metal zinc, medical services, PEEK materials, industrial metals, white goods, other electronics, CRO concept, two-wheeled vehicles, fluorine chemical concept, flying car (eVTOL), BC battery, metal lead, ophthalmic medical, innovative drugs, cell immunotherapy, automotive services, auto parts, metal recycling, semiconductors and components, metal nickel, co-packaged optics (CPO), bicycle sharing, nuclear pollution prevention, Integrated die-casting, Huawei automotive, tire pressure monitoring).
Second, the subject matter is hot
1. The concept of consumer electronics went up, Lingyi Intelligent Manufacturing, Jierong Technology, Furong Technology, DEREN Electronics, Tanaka Seiki and other stocks rose to the limit, and Lixun Precision, Goertek and other shares went up.
2. The concept of AI mobile phones soared, Furong Technology rose by the limit, and Shenghong Technology, Wingtech Technology, Siquan New Materials, Zhongjing Electronics, etc. followed up.
3. CPO concept stocks rose, Kinwong Electronics touched the daily limit, and Zhaolong Interconnection, Tianfu Communication, Zhongbei Communication, etc. followed up.
4. Military stocks rebounded, Hongyuan Electronics and Northern Changlong both rose by the limit, and Triangle Defense, Guanglian Aviation, Hongda Electronics, Zhongbing Red Arrow, and Hangya Technology followed suit.
5. Low-altitude economic concept stocks continued to rebound, Sichuan University Zhisheng daily limit, Jindun shares, Jianxin shares, Jieqiang equipment, Rice information, Lihang Technology, Blue Ocean Huateng, Andawell, Shangluo Electronics, etc. followed up.
6. The concept of copper cable high-speed connection stocks rose, Wall nuclear materials rose by the limit, Kaiwang Technology 20CM with the daily limit, Shenyu shares, Deren Electronics, Shenglan shares, Huamai Technology, Zhaolong Interconnection, Dingtong Technology, etc. followed up.
7. The electrical equipment sector is strong, Xinling Electric, Jinli Huadian, Heshun Electric, Aote Xun daily limit, Tongguang Cable, Encore, Wenzhou Hongfeng, Wall Nuclear Materials, etc. are among the top gainers.
8. The consumer electronics sector is active, Desay Battery has a daily limit, Goertek, Xinwangda, Lixun Precision, and Gongda Electroacoustics have followed up.
9. The concept of virtual power plant is active, with Sichuan University Zhisheng and Sanhui Electric both rising to the limit, and Aotexun, Shuangjie Electric, Tianyima, Penghui Energy, etc.
10. Pork stocks fluctuated lower, Dongrui shares hit the fall limit, and superstar agriculture and animal husbandry, Tang Renshen, Xiangjia shares, and New Hope followed suit.
11. Brokerage stocks fell in the afternoon, Oriental Fortune once fell more than 7% intraday, and Everbright Securities, Capital Securities, China Galaxy, China Securities Construction Investment, and Xiangcai Shares followed suit.
3. Summary of important events at home and abroad
(1) Macroeconomic policies
approximately
(2) Domestic economy
approximately
(3) The international situation
approximately
(4) Important events and related stocks
1. The chip giant launched the chip immersion liquid cooling compatibility test, and the immersive liquid cooling is expected to accelerate the penetration.
In order to meet the needs of server operators to establish a warranty policy for immersion liquid cooling solutions, Samsung Electronics and SK hynix have started semiconductor immersion liquid cooling compatibility testing and functional testing to understand the operation of their products in various immersion liquid cooling environments. Samsung Electronics and SK hynix will first test the released products and establish a database of immersion liquid cooling tests, which will be used as a reference in the development of future products to launch semiconductor products that are proven to be suitable for immersion liquid cooling.
Immersion liquid cooling has lower convective thermal resistance and heat transfer coefficient, and the coolant in direct contact with the heat sink has higher thermal conductivity and specific heat capacity, smaller operating temperature change rate, and higher refrigeration efficiency than cold plates. Immersion liquid cooling technology is suitable for large-scale data centers, supercomputing, industrial and other computing fields and scientific research institutions with high demand for heat flux density and green energy saving, especially when applied to data centers with demanding geographical environments or installation space. With the rapid release of demand for future data center scenarios, immersive liquid cooling is expected to become an important trend in future technology, benefiting industry chain companies.
Related stocks: Kangsheng shares (002418), Yimikang (300249).
2. AMD plans to spend 100 billion dollars to build 1.2 million GPU supercomputers, and related companies are concerned.
The demand for computing power in data centers is growing at an alarming rate, and AMD is planning to build a supercomputer cluster of up to 1.2 million GPUs. The industry believes that the move is to compete with Nvidia. AMD Chairman and CEO Lisa Su recently announced the Crazy Chip Plan: AMD is working to achieve its plan to improve computing energy efficiency by 30 times by 2025 compared to 2020, and after this plan, there is a goal to improve energy efficiency to 100 times by 2027 (compared to 2020).
With the rapid development of artificial intelligence technology and the continuous expansion of application scenarios, the field of high-performance computing will usher in a broader space for development.
Related stocks: Yibo Technology (301366), Tongfu Microelectronics (002156).
3. Another country is visa-free for Chinese tourists, and cross-border travel has helped the supply and demand of civil aviation continue to improve.
On June 26, local time, Laos issued a document that tourists from Chinese mainland (mainland) and Hong Kong, Macao and Taiwan can obtain a 15-day visa-free policy for ordinary passports through tourism companies. The policy implementation period is from July 1 to December 31 this year, and since the beginning of this year, the mainland has announced mutual exemption or single visa exemption with many countries, and the scale of cross-border travel has increased significantly. For example, since the mutual visa exemption between China and Malaysia, the travel orders of Chinese tourists to Malaysia have increased by nearly 2 times year-on-year, and the travel orders of Malaysian tourists to China have increased by more than 4 times year-on-year. According to the big data of air travel, as of June 27, during the summer travel period of 2024 (July 1 to August 31), the number of domestic air ticket bookings exceeded 18 million, a year-on-year increase of about 23%; The number of air ticket bookings for inbound and outbound routes was nearly 7 million, a year-on-year increase of about 93%.
In May, the volume of civil aviation business increased month-on-month and maintained an upward trend year-on-year, and the passenger load factor was close to the same period in 2019. According to the fleet introduction plan for 2024 to 2026 updated by the three major airlines in their annual reports, the annualized capacity growth rate is only 3.3% as a whole, and the supply constraints of the industry are still strong. With the implementation of the visa-free policy and the further recovery of international routes, it is expected to drive the continuous improvement of the supply and demand relationship of civil aviation and raise the profitability of the industry.
Related stocks: Spring Airlines (601021), China Express Airlines (002928).
4. Some refrigerant varieties are rising again, and the industrial chain is expected to enter a long boom cycle.
This week, the average price of refrigerant R134a was 30,000 yuan/ton, up 3.45% from last week; The average price of refrigerant R32 was 36,000 yuan/ton, up 5.88% from last week. In the third quarter, the director of the air-conditioning plant negotiated the order, and the manufacturer produced according to the quota, and the market supply was stable. In terms of raw materials, fluorite mining is limited, and the mainstream price of hydrofluoric acid market will continue to decline, and the cost side will fluctuate little.
The Ministry of Ecology and Environment recently released the adjustment of production quotas containing HCFCs and HFCs in 2024, which has no impact on the total quota of each variety, including trading, internal adjustment, entrusted processing, exchange and other behaviors, which is conducive to the further improvement of the concentration of corresponding varieties. It is expected that the whole fluorine chemical industry chain will enter a long boom cycle, from fluorite on the resource side, to refrigerant, one of the most thorough carbon neutral industries, and then to benefit from the demand for high-end fluorine materials, fluorine-containing fine chemicals and other fluorine chemical industry links have great development potential.
Related stocks: Juhua shares (600160), Sanmei shares (603379).
5. Against NVIDIA, AMD plans to build 1.2 million GPU supercomputers.
In an interview, Forrest Norrod, executive vice president and general manager of AMD's Data Center Solutions Group, said the company is seriously considering building the largest AI GPU cluster. The world's most powerful supercomputer is equipped with less than 50,000 GPUs, and AMD aims to launch a data center AI cluster that supports 1.2 million GPUs in order to strengthen its competitiveness with NVIDIA.
AMD is looking ahead to its plans for the next three years: it is working to improve computing energy efficiency by 30x by 2025 compared to 2020, and this plan is followed by a goal to increase energy efficiency by 100x by 2027 (vs. 2020). With the rapid development of artificial intelligence technology and the continuous expansion of application scenarios, the field of high-performance computing will usher in a broader space for development.
Related stocks: Yibo Technology (301366), China Power Port (001287).
6. To promote the development of the industry, the mainland initiated the establishment of an e-sports working group.
On June 27, the State Administration for Market Regulation said that mainland China has recently successfully initiated the establishment of an e-sports working group at the International Organization for Standardization (ISO). The official said that the establishment of the e-sports working group and the successful establishment of the proposal for international standards for e-sports have filled the gap in international standards in this field and will effectively promote the development of the global e-sports industry.
As an emerging sport, e-sports has developed rapidly in recent years and has become an industry that has attracted much attention and has huge market potential in the world. In 2023, for the first time, the IOC has established a brand new eSports Commission on the future prospects of esports. In the same year, the Hangzhou Asian Games included e-sports in the official competition for the first time. According to the "Report on China's E-sports Industry from January to June 2023" released by the Game Working Committee of the China Audio and Digital Association, the number of e-sports users in mainland China is 487 million, and the revenue of the e-sports industry in the first half of the year is 75.993 billion yuan, and the annual revenue in 2023 is expected to exceed 150 billion yuan.
Related stocks: Holley Technology (301011), Shengtian Network (300494).
7. To help medical innovation, OpenAI and Eli Lilly have cooperated to develop new drugs.
Recently, the American pharmaceutical giant Eli Lilly announced that it has reached a partnership with OpenAI to use its generative artificial intelligence (AI) to develop new antimicrobial drugs. Just this month, the World Health Organization (WHO) released a report that antimicrobial resistance (AMR) has become one of the top 10 global public health threats. WHO notes that there is an urgent need for new and innovative medicines to treat serious infections and replace those that have failed due to widespread use. With the advancement of technology, the penetration rate of AI in the pharmaceutical field will continue to increase, and it is expected to become the mainstream method of innovative drug research and development.
Related stocks: Qianyuan Pharmaceutical (300254), Chengdu Pioneer (688222).
8. The first provincial-level hydrogen energy high-speed demonstration project in China was released, and the policy accelerated the application of hydrogen energy.
Recently, the Guangdong Provincial Development and Reform Commission issued the "Implementation Plan for the Guangzhan Hydrogen Energy High-speed Demonstration Project in Guangdong Province" (hereinafter referred to as the "Plan"). The plan proposes to put into operation 2,000 4.5-ton and 100 49-ton fuel cell refrigerated trucks by the end of 2025 to comprehensively promote the Guangzhan hydrogen energy high-speed demonstration project. The project will be implemented for 18 months from June 2024 to December 2025. In the "2024-2025 Energy Conservation and Carbon Reduction Action Plan" issued by the State Council in May, it has deployed key tasks, including 27 tasks in 10 aspects such as fossil energy consumption reduction and substitution actions, and non-fossil energy consumption (including hydrogen energy) improvement actions, and 6 measures in terms of support and guarantee. With the issuance of national incentive funds in 2024 and the introduction of a number of central and local policies, the policy system will become more and more perfect, and the prosperity of the hydrogen energy industry chain will continue to rise.
Related stocks: Huafeng shares, Sinan Technology.
9. International giants are accelerating the layout of glass substrates, and domestic manufacturers are expected to welcome new development opportunities.
Intel plans to mass-produce glass substrates as soon as 2026, and AMD and Samsung are also interested in adopting glass substrate technology. Compared to current substrates, glass substrates have better chemical and physical properties, which can increase the interconnect density by a factor of 10. Yuanda Information pointed out that at present, Intel, Samsung and other wafer factories have increased the size of glass substrate technology, and Samsung is expected to launch mass production packaging substrates for high-end SiP in 2026. Under the trend of high performance of chips, glass substrates are expected to be more widely used in the field of advanced packaging with excellent thermal stability and electrical performance, and TGV process is a necessary technology for glass substrates in the field of advanced packaging.
Related stocks: Lehman Optoelectronics, Dier Laser.
10. Zhejiang Low-altitude Industry Development Co., Ltd. was inaugurated, and the landing of low-altitude economic orders may exceed expectations.
The mobilization and deployment meeting of Zhejiang Province to build a strong civil aviation province and build a highland for low-altitude economic development was held in Hangzhou. At the meeting, Zhejiang Low Altitude Industry Development Co., Ltd. was inaugurated. It is reported that the Zhejiang low-altitude company is jointly funded and established by Zhejiang Airport Group and its affiliated capital company, with a registered capital of 1 billion yuan, as the secondary enterprise management of Zhejiang Airport Group, and integrated operation with Zhejiang General Aviation Company. In the next step, the company will actively build a "1+1+3" low-altitude industry development system, make every effort to build a low-altitude basic network, low-altitude route network, and low-altitude service network, and comprehensively expand low-altitude infrastructure operation, low-altitude flight support, low-altitude comprehensive services, low-altitude investment incubation and other industrial sectors. According to the statistics of the bidding network, the number of basic tenders related to the low-altitude economy in March/4/5/June 2024 will be 4/8/5/10 respectively, with a total bid amount of about 63.28 million yuan.
Related stocks: Wanfeng Aowei, General Design Institute.
11. The ecosystem of the Vision Pro app continues to be optimized, which is expected to break through the current demand bottleneck.
iQIYI has launched the Apple Vision Pro version of the app, which officially says that it has more than 25,000 high-quality video content, immersive IP viewing scenes and exclusively developed 3D expression barrage function, bringing a more immersive and interactive content consumption experience. At present, the content of iQIYI's Apple Vision Pro version of the film library has been updated synchronously with other ports of iQIYI, covering TV series, variety shows, movies, animation, documentaries and other diverse content. Galaxy Securities pointed out that in the long run, the ecology of the Vision Pro application continues to be optimized, which is expected to break through the current demand bottleneck and boost the demand for replacement, and the XR industry is expected to accelerate, Huafu Securities believes that AI is expected to rekindle the heat of the XR industry, such as Google announced and showed an AR glasses on May 15, and Meta's Ray-Ban glasses also began to support AI large models in April. AI greatly enhances the device's understanding of audio, and XR will benefit greatly as hardware with a large proportion of audio in the input.
Related stocks: Dongshan Precision, Changying Precision, Huaqin Technology.
12. Driven by multiple factors, vitamins welcome a new round of price increase cycle.
Vitamins are rigid in downstream demand and have a very low cost ratio, so they have full price elasticity. Although there is an oversupply and demand in the vitamin industry, the high concentration makes supply-side fluctuations easily affect product prices. Recently, under the influence of multiple factors such as the increase in raw material costs, supply contraction, the increase in demand for replenishment in overseas markets and the rigid demand of the downstream feed industry, CITIC Securities judged that vitamins may be expected to enter a new round of price increase cycle, and it is recommended to focus on K3, VD3, VE and other categories of vitamins.
Related stocks: Garden Biology, Zhejiang Medicine.
13. The price of the photovoltaic industry chain is now showing signs of stabilization, and the production capacity may accelerate in the second half of the year.
The price decline in the PV industry chain is narrowing and tending to stabilize. According to TrendForce's latest weekly data released on June 27 (June 19 to June 26), prices of polysilicon, wafers, cells, and modules were all flat month-on-month. "Although the price decline in the photovoltaic industry chain has slowed down recently, it is expected that prices will remain low and under pressure in the short term due to the misalignment of supply and demand." Wanlian Securities investment consultant Qu Fang said in an interview with reporters that it is expected that the price of the industrial chain will be consolidated and fluctuated in the second half of the year, and the competition in the industry will continue to intensify, which means that the clearance or acceleration of production capacity. At the same time, under the joint promotion of policies, markets and other factors, the supply and demand relationship of the photovoltaic industry chain is expected to accelerate the improvement.
Related stocks: JA Solar, LONGi Green Energy, Trina Solar.
Fourth, short-term stock sniping (only analysis, not recommendation)
Valin Seiko (603356): increase in holdings + elevator + photovoltaic + wind power 1, announced on June 27 that the company's shareholder of more than 5% of the company's shares, Jiedeng Zero Carbon Plan, will increase its holdings of the company's shares through centralized bidding and block trading through the Shanghai Stock Exchange trading system within 90 trading days from June 28, 2024, with an increase of not less than 10 million shares (about 7.50% of the company's total share capital) and no more than 12 million shares (about 9.00% of the company's total share capital). 2. The company is mainly engaged in the research and development, production and sales of elevators, mechanical parking equipment, wind power and other accessories. The company has established good cooperative relations with major excellent elevator enterprises, ranked among the first echelon parts suppliers in China, and won many honors such as "excellent supplier" issued by customers. 3. Announcement on January 3: In order to strengthen the company's actual control over Wuxi GM, the company signed the "Equity Transfer Agreement" with PFEIFER (Wuxi) to acquire 14.28% of the equity of Wuxi GM held by FALFER (Wuxi), a minority shareholder of Wuxi GM, in cash, which is conducive to the company's rich product series, strengthening research and development efforts, and developing overseas markets. 4. On March 7, 23, the investor replied in the interaction: Anhui Valin New Energy Co., Ltd. is a shareholding subsidiary of the company, and the company's TPO/PVC flexible roof photovoltaic bracket products are designed for new environmentally friendly TPO or PVC flexible roofs.
Desay Battery (000049): Apple may adopt new battery technology + lithium battery + packaging: 1. Apple announced at the WWDC held in the early morning of June 11, Beijing time, that it will build a partnership with OpenAI to launch the "Apple Intelligence" suite around AI functions. The new features will only be available on the iPhone 15 pro/max and later models, and with the continuous development of AI technology, Apple's industry chain is expected to usher in a new wave of replacement. 2. According to Apple's official website in China, the national version of Apple's Vision Pro will be officially launched on June 28, with a price starting at 29,999 yuan. 3. According to foreign media reports quoted by the Financial Associated Press, according to five people familiar with the production of iPhones, Apple is exploring the use of a new technology to make it easier for consumers to replace batteries. Desay Battery is a major supplier of batteries for iPhones. 4. The company mainly focuses on the business layout of the lithium battery industry chain, based on the power management system and packaging integration business, strategically lays out the energy storage cell and SIP advanced packaging business, and carries out the intelligent hardware assembly business, and continues to optimize the industrial layout. Smartphones, notebooks and tablets, smart wearable devices, power tools, smart home and travel products, and energy storage products are the main application areas of the company's lithium battery products.
Kaiwang Technology (301182): Copper high-speed connection cable + intelligent storage + charging pile 1, the company's copper high-speed connection cable production capacity is relatively sufficient. 2. On June 21, 2024, the SATA cable connectors produced by the company are mainly used in the field of servers and intelligent storage. 3. The company has cooperation with Huawei in the field of waterproof component products, and Huawei is one of the company's key customers. 4. The charging stations built and operated by the company adopt fast charging technology. 5. The company's products are mainly used in various cameras in security monitoring systems. The company's core customers include Hikvision, Dahua Co., Ltd., Uniview Technology, etc.
Wall Nuclear Materials (002130): copper high-speed connection + nuclear power + robot: 1. Huang Jenxun, CEO of Nvidia, revealed that the GB200 super chip of the Blackwell architecture has been "in full production" and will be widely used in data centers in the fourth quarter, and the GB200 chip uses copper high-speed connectors for the first time. 2. LightCounting recently pointed out that in the five years from 2023 to 2027, the high-speed copper cable market will continue to expand at a staggering compound annual growth rate of 25%. Relevant institutions pointed out that the current domestic high-speed cable market size has exceeded 10 billion yuan, and it is expected that the incremental market space of high-speed copper cables will be about 100 billion yuan in the future. 3. Research announcement on June 26: At present, the company's subsidiary, Leting Zhilian, has completed the development of some single-channel 224G high-speed communication line samples, and the internal test results are good; At present, the feedback given by the sample customer is positive, and it will take some time to present the product in the form of an order if the product passes the customer verification. 4. Company interaction on June 10: At present, the company's single-channel 224G high-speed communication line is still in the proofing stage with Amphenol and other large customers, and different design schemes are adopted for development according to customer needs. On June 11, the company interacted: the company has established a long-term and stable cooperative relationship with Amphenol, which is an important major customer of the company's wire business, and its main sales products include high-speed communication lines, automotive industrial lines, industrial robot lines, etc. 5. The company's main business is the R&D, manufacturing and sales of new polymer nuclear radiation modified materials and a series of new electronic, electric power and wire products, as well as the development and operation of wind power generation, new energy vehicles, intelligent manufacturing and other related industries. In terms of nuclear power business, under the supervision and witness of the national nuclear safety regulatory department, the company has completed the identification and testing of the heat-shrinkable terminal of Hualong No. 1 lE class K1 and K3 cables, and the product has successfully won the bid and signed 3 nuclear power project contracts. 6. The company's wire products mainly include high-speed communication lines, automotive industrial lines, industrial robot lines and other products. Among them, the industrial robot line can be widely used in the field of industrial robots, and has been used in six-axis industrial robots (8KG-150KG level), SCARA robots, collaborative robots and other fields.
Dongjie Intelligent (300486): It has paid advance payment to Guodian Hi-Tech + intelligent logistics + state-owned enterprise reform 1, May 30, according to the Financial Associated Press: The Ministry of Industry and Information Technology issued the Apocalypse series satellite constellation space radio business license to Beijing Guodian Hi-Tech Technology Co., Ltd. (The company's 2020 annual audit report shows that it has paid an advance payment of 4 million yuan to Beijing Guodian Hi-Tech Technology Co., Ltd.) 2. The company focuses on providing a comprehensive solution for intelligent manufacturing of the whole process of "logistics + information flow". The company's main products include intelligent production system, intelligent logistics and warehousing system and intelligent three-dimensional parking system, which can provide customers with a full range of services such as planning consulting, software system research and development, intelligent equipment design and manufacturing, system integration, installation and implementation and after-sales maintenance. 3. May 20 interaction: The company's projects have been successfully implemented in many fields such as new energy batteries, photovoltaics, automobiles, construction machinery, iron and steel metallurgy, medicine, liquor, food and beverage, home furnishing, e-commerce, 3C electronics, petrochemical, energy and power, national defense and military industry, aerospace, cold chain, etc., and the company has rich experience in project implementation. 4. The company is a state-owned enterprise, and the ultimate controller is the Zibo Municipal Finance Bureau.
DEREN Electronics (002055): High-speed connector + consumer electronics + high-voltage fast charging + Huawei: 1. Apple announced at the WWDC held in the early morning of June 11, Beijing time, that it has established a partnership with OpenAI to launch the "Apple Intelligence" suite around AI functions. The new features will only be available on the iPhone 15 pro/max and later models, and with the continuous development of AI technology, Apple's industry chain is expected to usher in a new wave of replacement. 2. According to Apple's official website in China, the national version of Apple's Vision Pro will be officially launched on June 28, with a price starting at 29,999 yuan. 3. March 13 interaction: The company's connector products are currently mainly used in computers, servers, automobiles and other fields, and will continue to promote the application of connector products in more business fields. Investor relations activity record on May 17: In 2023, the company's operating income will achieve a steady increase, especially the further expansion of the connector business, and the operating income of related businesses will increase by more than 30% year-on-year. 4. Record of investor relations activities on May 17: The company actively lays out and expands overseas business, and the proportion of overseas business has been increasing year by year in recent years, and the revenue outside Chinese mainland accounts for 51.43% of the company's overall revenue in 2023; At present, it has set up R&D and manufacturing bases in Italy, Vietnam and other places, and the company will continue to promote overseas market expansion around its main business and enhance its global business layout. 5. June 11 interaction: The company currently mainly provides new energy vehicle on-board power management module related products and services for BMW, Porsche, PSA, Beam Automobile and some domestic mainstream independent brands. 6. As the core product of the company's high-speed connector field, the company's CPU Socket products have passed the certification of Intel and have a significant market competitive advantage, and will continue to strengthen their applications in communications, data centers, automobiles and other fields in the future.
5. The next day's deduction
1. Market analysis and strategy
The market continues to shrink and adjust, and it is difficult to maintain the sustainability of the sector under the game of stock funds, and the current market is still in the process of finding the bottom. The recent RMB exchange rate is one of the key points of observation, and the offshore RMB has exceeded 7.3 against the US dollar, which has an impact on the flow of foreign capital in the short term, and the continuous outflow of northbound funds in the near future is also affected by this, which in turn affects the A-share market. Domestically, the tight period of capital at the end of the month may pass, and entering July, the easing of capital may be one of the positive factors for A-shares.
On Friday, the market rose again, trading rose, and individual stock sentiment also recovered, sweeping away yesterday's haze. However, in the afternoon, the rapid adjustment of securities fell significantly, but it still closed in the red. On the trend, the bullish cannon pattern strengthened to stop falling and stabilized, and successfully stood on the 5-day moving average, while the trading volume was also amplified, and the capital sentiment cooperated, which is a good phenomenon, and the market is expected to usher in a repair in July. However, today's credit is not the spontaneous behavior of the market, which can also be seen from the continuous increase in ETF, especially the CSI 1000 ETF, which also has this phenomenon before bottoming out in February this year. And the bottom is not achieved overnight, there is also pressure near 3000 points, and the diving of financial technology also shows that the mood is still unstable, so it is still not recommended to chase the rise while maintaining an optimistic attitude, and it is the key to absorb the dip.
In June, the market walked out of the unilateral decline market, with the continued low volume of the two cities, the market sentiment has weakened compared with the previous month, from a technical point of view, there is a probability of stabilization above 2930 points, and the weight and volume can be effectively amplified as an inflection point signal, as the trading time enters July, the convening of the Third Plenary Session and the mandatory disclosure of the time node of the A-share report before July 15, or the prompting of the repair of the market, investors can lay out in advance.
In the second half of the year, the capital and fundamentals of A-shares are expected to usher in positive changes. In terms of capital, there is still obvious room for long-term stable foreign capital in A-shares to enter the market. The main driving force behind the market since February 5 may come from active funds such as foreign capital, especially foreign capital has been the increase of A-shares for more than half a year, and there is still a large inflow of stable foreign capital with a more long-term allocation. In the second half of the year, the improvement of the overseas environment may also help promote the return of foreign investment.
In June, the market fluctuated and fell, especially this week, the volatility intensified, and the difficulty of operation was not reduced. However, the willingness of the policy to care for the capital market is still obvious, and there are also expectations for market repair after the release of risks, especially the blockbuster meeting in July, which is still expected in the medium and long term. It's just that it hasn't come out of the bottom in the short term. In terms of sector opportunities, we focus on performance and policy support, such as consumer electronics, electricity reform industry chain, etc.
At present, the market is back in the bottom range, and it is expected that the market downside is limited, and the upside of the market depends on the timing and strength of key policies and the timing and elasticity of significant price increases. From the perspective of timing, it is expected that policy will be an important catalyst for the market in the third quarter, and the change in prices in the fourth quarter may be an important factor affecting the market. In terms of market style, historically, in the early stage of economic recovery, the performance of leading enterprises has a relative advantage, so in the context of the current gradual economic recovery, the performance of leading enterprises may be more resilient than that of non-leading enterprises, and it is expected that the market style will be biased towards the market.
2. Tomorrow's market prediction: shock finishing
6. Position plan: short-term: half position.