Keep half of your profits for yourself and don't risk 50% of your profits on the market.
Latest Price:2994.73;Chg:27.33;Chg:0.92%; Volume: 298 million lots, Turnover: 294.3 billion, Turnover Rate: 0.65%.
Leading the industry
1. Real estate services: increase: 4.05%; Up: 17; Decline: 1; Leaders: I love my home; Increase: 9.91%.
2. Real estate development: increase: 3.70%; Up: 92; Declines: 2; Leaders: Binjiang Group; Increase: 10.06%.
First, the market panorama
1. Overview:
On July 1, the stock indexes diverged, with the Shanghai Composite Index up 0.92% to 2,994.73 points, the Shenzhen Component Index up 0.57% to 8,899.17 points, the ChiNext Index down 0.04% to 1,682.69 points, and the STAR 50 Index down 0.35% to 709.6 points. The total turnover of the Shanghai and Shenzhen markets was 658.071 billion yuan, a decrease of 45.2 billion yuan from the previous day. Nearly 3,600 stocks rose in the two cities. On the theme of the plate, real estate, rare earth, and agricultural concept stocks were among the top gainers, and the military, semiconductor, and consumer electronics sectors were adjusted.
2. Trading Water Temperature: Divergence
3. Money-making effect: general
4.A50 performance
A50 refers to the continuous (yesterday: 11904) of the current month, with an increase of % (yesterday: 0.02%), and a change (yesterday: 2) (closing data at 5:14 am on July 2, 2024).
5. Ups and downs
A total of 3441 (yesterday: 2887) stocks rose in Shanghai and Shenzhen, 1523 (yesterday: 1984) stocks fell, 122 stocks (yesterday: 217) were flat, and 28 (yesterday: 26) stocks were suspended. Excluding the new stocks listed on the same day, there are 62 (yesterday: 48) stocks with a daily limit, and 19 (yesterday: 27) 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 stock exchanges was 658.071 (yesterday: 703.257) billion yuan, the Shanghai Stock Exchange 2943.22 (yesterday: 313.347) billion yuan, the Shenzhen Stock Exchange 3637.49 (yesterday: 389.910) billion yuan, and the venture 1698.87 (yesterday: 189.088) billion yuan.
Opening turnover: Shanghai Stock Exchange 20.06 (yesterday: 1.489) billion yuan, Shenzhen Stock Exchange 29.09 (yesterday: 2.612) billion yuan, Venture 15.51 (yesterday: 1.446) billion yuan.
7. Continuous daily limit
Continuous daily limit stocks: Yingtong Communication (Consumer Electronics) (4) Sanhui Electric (Power Grid Equipment) (4) ST Wanlin (Logistics Industry) (3) ST Dinglong (Culture and Media) (3) *ST Jinke (Real Estate Development) (3) ST Quanzhu (Decoration and Decoration) (2) Kangxin New Materials (Decoration Building Materials) (2) Xinling Electric (Power Grid Equipment) (2) Kaiwang Technology (Consumer Electronics) (2) ST Meigu (Beauty Care) (2).
High-priced stocks: Yingtong Communication has closed 4 daily limits in a row:
Yingtong Communication (002861): Electroacoustic products + Apple + micro-cap shares + controlling shareholders to release part of the pledge 1, the company's main business is the research and development, production and sales of various electroacoustic products, data lines and other communication wires. February 7 Interactive Easy: The company's intelligent TWS products can apply voice wake-up technology, and can apply doubly-fed active noise cancellation, bone conduction, panoramic sound, low latency, real-time translation, open audio and other technical solutions. 2. Interaction on March 29: The company has entered the supply chain of well-known brands at home and abroad, such as Apple, Xiaomi, GN, Harman, Transsion, Jlab, Greenlink, Anker, etc., to provide customers with ODM/OEM services. 3. The company's acoustic and data transmission technology can be applied to the field of AR and VR. 4. On the evening of June 27, it was announced that Mr. Huang Hui, one of the controlling shareholders and actual controllers of the company, released the pledge of 8 million shares of the company held by him, accounting for 17.89% of his shares and 5.14% of the company's total share capital. 5. The company's market value is less than 2 billion, which belongs to micro-cap stocks.
High-priced stocks: Sanhui Electric has closed 4 daily limits in a row:
Sanhui Electric (002857): electric energy meter + energy storage + virtual power plant + robot 1, Sanhui Electric focuses on the requirements of the power grid company's "life cycle management of metering assets", relying on the technical advantages of the core link of electric energy meter verification, and takes the service of electric energy meter as the core to form electric energy meter standard testing equipment, electric energy meter automatic assembly line verification system, electric energy meter intelligent storage system, electricity information collection system, transformer and other products, covering the whole life cycle of electric energy meter. 2. In 23 years, the company established a joint venture company, Shenzhen Sanhui Energy Technology Co., Ltd., through a wholly-owned subsidiary, and officially entered the energy storage business, of which Sanhui New Energy and Sanhui transformer held a total of 56% of the shares. 3. Company interaction on July 27, 23: Virtual power plant is one of the business models and technical forms that the company focuses on exploring in the process of promoting industrial and commercial energy storage. Recently, the company and Zhejiang Hongxi Energy Co., Ltd. reached a clear agreement in the strategic cooperation of photovoltaic and storage integration, that is, after the gradual implementation and promotion of the integrated photovoltaic and storage solutions, the two parties will further innovate and integrate integrated energy management, smart grid, digital energy and other directions, and explore new business models and technical forms, including energy storage in Taiwan area, spot trading, green power trading, virtual power plants, etc. 4. According to the company's official website, the company's robot technology is completely independently programmed, integrating advanced technologies such as precision, flexibility, intelligence, and software application development, and has the technical characteristics of fine manufacturing, fine processing and flexible production, which can be used in manufacturing, assembly, palletizing, testing, logistics and other links. The company has automatic palletizing robots, automatic packing robots, 7-axis automatic loading robots, and automatic assembly robots.
8. Concentration of daily limits
Sectors with a high concentration of daily limit stocks: real estate development, power grid equipment, special equipment, cultural media, engineering construction, photovoltaic equipment, Internet services, environmental protection industry, automobile services, communication equipment, consumer electronics, small metals, decoration and decoration.
9. Limit and seal orders
The top 15 in the amount of daily limit orders (yuan): Sanhui Electric (electric energy meter + energy storage + virtual power plant + robot) (134 million), Binjiang Group (Hangzhou real estate enterprise + "state-owned enterprise takeover" rumors + solid-state battery) (106 million), Zhongke Jincai (financial technology + Microsoft + computing power leasing) (91.3611 million), Tibet Zhufeng (salt lake lithium extraction + small metal + copper) (77.7226 million), Huilong shares (land circulation + fertilizer + supply and marketing cooperatives + menthol + high dividend) (7, 7.6993 million), I Love My Home (Housing Brokerage Service + Signing Cooperation + Hangzhou) (70.7538 Million), Jinlang Technology (expected to exceed expectations in the second quarter + string inverter) (69.689 million), Huijin Technology (financial technology + bank + state-owned assets to be acquired) (60.7846 million), Yatai Group (state-owned assets increase + face value delisting game + coal + medical equipment + Changchun state-owned assets) (53.41 million), Dagang Holdings (rare earth permanent magnet +Highway construction and maintenance machinery and equipment + smart operation and maintenance) (53.1618 million), Jishi Media (placement of high-quality assets + repurchase + face value delisting game + radio and television + state-owned enterprises) (50.4484 million).
10. Limit time
Top 10 in terms of daily limit: Sanhui Electric (electric energy meter + energy storage + virtual power plant + robot), Yatai Group (state-owned assets increase + face value delisting game + coal + medical equipment + Changchun state-owned assets), Jishi Media (placement of high-quality assets + repurchase + face value delisting game + radio and television + state-owned enterprises), Huayang New Materials (rare earth permanent magnet + small metal + precious metal recycling + state-owned enterprise reform), Dagang Holdings (rare earth permanent magnet + highway construction and maintenance machinery and equipment + intelligent operation and maintenance), Huahong Technology (rare earth permanent magnet + renewable resources + automobile dismantling) , Zhengping shares (highway engineering + cultural tourism + non-ferrous metals + Qinghai), energy-saving iron man (winning the bid + water conservancy + environmental governance + state-owned enterprises), Luokai shares (power grid equipment + circuit breaker), Zhongke Magnetics (permanent magnet materials + consumer electronics).
11. Main funds
The main funds of Shanghai and Shenzhen had a net outflow of 6.044 billion yuan today (yesterday: net inflow of 2.3 billion yuan). Among them, the net outflow of the main funds of the ChiNext was 2.436 billion yuan, the net outflow of the main funds of the CSI 300 constituent stocks was 2.1 billion yuan, and the net outflow of the main funds of the Science and Technology Innovation Board was 510 million yuan.
Today, there are 8 industries with a net inflow of main funds, of which the communication industry has the largest net inflow, with a net inflow of 987 million yuan, and the net inflow of real estate, non-ferrous metals, and banks is at the top, with a net inflow of 849 million yuan, 498 million yuan, and 230 million yuan respectively. The main funds of 23 industries showed a net outflow, of which the electronic industry had the largest net outflow of main funds, with a net outflow of 2.229 billion yuan, and the top net outflows of the main funds of the industry were food and beverage, non-bank finance, machinery and equipment, power equipment, and medicine and biology, with net outflows of 1.362 billion yuan, 1.134 billion yuan, 974 million yuan, 842 million yuan, and 492 million yuan respectively.
Today, 2,179 stocks received a net inflow of main funds, of which 22 stocks received a net inflow of more than 100 million yuan. BAIC Blue Valley has the largest net inflow of main funds, with a net inflow of 345 million yuan, and the top stocks with net inflows of main funds are Xin Yisheng, Zhongji Innolight, Star Power, Tianfu Communication, and Ping An Bank, with net inflows of 334 million yuan, 327 million yuan, 286 million yuan, 274 million yuan, and 227 million yuan respectively.
In addition, 2,878 stocks were net sold by the main funds, of which 17 shares were sold by the main funds for more than 100 million yuan. The stocks with the largest net outflow of main funds are Kweichow Moutai, with a net outflow of 596 million yuan, and the top stocks with net outflows of main funds are Lingyi Zhizao, Oriental Fortune, Wuliangye, BYD, and Yangtze Power, with net outflows of 386 million yuan, 316 million yuan, 245 million yuan, 235 million yuan, and 183 million yuan respectively.
12. Dragon and Tiger List
Today's institutional seat funds totaled about 176 million yuan (yesterday: net purchases of about 215 million yuan). Among them, 12 stocks were net buyers and 8 stocks were net sellers.
Top 10 Net Purchases (Industry Sectors) (Purchase Amount, 10,000 Yuan): I Love My Home (Real Estate) (7901.81), Star Power (Electricity) (7411.60), Hubei Yihua (Agrochemical Products) (5407.87), Binjiang Group (Real Estate) (5253.64), Tongfang (Computer Equipment) (3291.98), Debi Group (Retail) (1760.65), Zhongke Magnetics (New Metal Materials) (1682.70), Mankun Technology (Components) (1177.70), Jinlang Technology (Photovoltaic Equipment) (822.39), Yatai Group (Comprehensive) (693.29) (Yesterday (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 (Electricity) (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 shares (retail) (25.9413 million)).
Top 10 net purchases of institutional seats (industry sectors) (purchase amount, 10,000 yuan): Jinlang Technology (photovoltaic equipment) (4835.67), Hubei Yihua (agrochemical products) (4550.55), I love my home (real estate) (4003.05), Binjiang Group (real estate) (3724.48), Tongfang shares (computer equipment) (2727.44), Mankun Technology (components) (2360.04), Kaiwang Technology (consumer electronics) (1555.67), Xinling Electric (Power Grid Equipment) (898.39), Beautiful Ecology (Building Decoration) (248.90), Meixin Technology (Communication Equipment) (109.88) (Yesterday (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) (15.8181 million), Genvict Technology (other electronics) (14.7184 million), Mankun Technology (semiconductors and components) (6.7396 million), Jiebang Technology (consumer electronics) (857,600).
The stock with the largest net selling by institutions was Genvict, with a net selling amount of about 23.8537 million yuan, and the top net sellers by institutions were Igor and Kaizhong Precision.
Jinlang Technology has a daily limit today. Four institutions appeared on the list of dragons and tigers, with a total net purchase of 48.3567 million yuan, Dongguan Securities Co., Ltd. Hubei Branch bought 31.1434 million yuan and sold 393,900 yuan at the same time, and Beijing Changping Securities Business Department of China Securities Co., Ltd. bought 4,700 yuan and sold 58.8318 million yuan at the same time.
13. Northbound funds
Due to the anniversary holiday of the establishment of the Hong Kong Special Administrative Region, Southbound Southbound Stock Connect and Northbound Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect will be suspended on 1 July (Monday). On Tuesday, 2 July, Stock Connect will be launched as usual.
14. Margin Trading
Margin financing and securities lending: On June 28, the financing balance was 1,449.3 billion yuan (1,455.5 billion yuan the day before), the net financing purchase was -6.216 billion yuan (the day before -33.98 yuan), the balance of securities lending and borrowing was 31.57 billion yuan (31.40 billion yuan the day before), and the net sale of securities lending and borrowing was -32.19 million shares (29.32 million shares the day before).
The top 10 net purchases in the financing sector (yuan): automobiles (144 million), power grid equipment (69.6648 million), consumer electronics (52.2468 million), tourism hotels (46.2547 million), semiconductors (34.1345 million), energy metals (32.6337 million), medical devices (30.4468 million), pharmaceutical business (26.8392 million), software development (18.0511 million), batteries (14.2292 million).
The top 10 stocks (yuan) in net financing purchases: Cambrian (112 million), China Merchants Bank (86.36 million), Industrial Fortune Union (78.97 million), BAIC Blue Valley (78.23 million), Pinggao Electric (71.79 million), Cialis (57.63 million), short-term financing ETF (51.16 million), CNOOC (50.75 million), XD Jinshan Office (50.47 million), China Duty Free (47.18 million).
15. Summary of stocks with year-on-year index earnings
1403 stocks (yesterday: 1220) with a profit of 1%-3%, accounting for 30.88% (yesterday: 26.84%); 360 (yesterday: 378) stocks with a profit of 3%-5%, accounting for 7.92% (yesterday: 8.32%); There were 178 stocks with a profit of 5% or more (yesterday: 182), accounting for 3.92% (yesterday: 4%).
16. Heavyweight stock performance on the day
The rare earth permanent magnet sector led the rise throughout the day, and Zhongke Magnetics, Dagang Holdings, Huahong Technology, and Chuangxing Resources rose to the limit. Real estate stocks broke out and strengthened, Zhongzhou Holdings, Binjiang Group, Huafa Shares, I Love My Home, and Urban Construction Development. The aquaculture sector rose, with Jin Xinnong, Huatong shares, and Tang Renshen rising more than 5%. The semiconductor sector was sluggish throughout the day, with Anlu Technology and Guoxin Technology falling by more than 10%. (Yesterday: The concept of consumer electronics led the rise throughout the day, and many stocks such as Tanaka Seiki, Jiebang Technology, Yingtong Communication, Tsit Wing Technology, and Desay Battery rose to the limit.) 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. ）。
17. Exponential Contribution
Top 10 Contribution Points (Contribution Points) (Increase): Industrial and Commercial Bank of China (2.11) (2.11%) Agricultural Bank of China (1.66) (1.83%) PetroChina (1.16) (1.07%) China Shenhua (0.98) (2.05%) Yangtze River Power (0.89) (1.94%) Industrial Fortune Union (0.78) (2.19%) Shaanxi Coal Industry (0.69) (4.27%) Bank of China (0.69) (1.08% Zijin Mining (0.63) (2.68%) Sinopec (0.44) (1.11%) (Yesterday: 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% FII (0.76) (2.20%), Cialis (0.65) (7.85%), CRRC (0.52) (4.60%)).
Top 10 Contribution Points (Contribution Points) (Increase) of Shenzhen Stock Exchange Index: Zhongji InnoLight (5.60) (5.09%) Muyuan (3.21) (3.19%) Bank of Ningbo (2.81) (4.03%) Wen's (2.79) (2.83%) Xin Yisheng (2.75) (4.53%) Vanke A (2.23) (5.19%) China Merchants Shekou (2.15) (7.74%) Tianfu Communication (2.07) (8.37% Jinlang Technology (1.70) (20.00%) Dongfang Yuhong (1.63) (7.29%) (Yesterday: 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%)).
18. Agency Ratings
The top 10 original ratings of the latest research institutions: Dongfang Electronics, Sen Kirin, Baiya Shares, Teruide, Yunyi Electric, Silk Road Vision, Jiayi Shares, Aoki Shares, Fuerjia, Juhua Shares.
19. Institutional research
The top 10 latest research institutions: Mabwell, Zhaomin Technology, Changgao Electric New, Meimei Medical, Microconductive Nano, Gigabit, CNOOC Development, Wufangzhai, Matsui Co., Ltd., Hunan Yuneng.
20. Company Buybacks
The top 10 companies repurchased the latest companies: Yili shares, Hengrui Pharmaceutical, Jinghe Integration, Buchang Pharmaceutical, Nanshan Aluminum, Huaqin Technology, Juewei Food, Hebang Biotechnology, Orchid Science and Technology, and Rilian Technology.
21. Shareholder Reduction
The top 10 shareholders of the latest company announcement are Qitian Technology, Haitong Development, Hangzhou Thermal Power, Kangxin New Materials, Massive Data, Fangsheng Pharmaceutical, Efort, Chuanzhi Education, Shenglong Co., Ltd., and Luwei Optoelectronics.
22. Popularity list
The top 20 stocks on the popularity list (ranked at 21 o'clock on July 1, 2024): BAIC Blue Valley, Star Power, Lingyi Intelligent Manufacturing, Kweichow Moutai, Oriental Fortune, Wall Nuclear Materials, Northern Rare Earth, Zhongke Magnetics, China Rare Earth, I Love My Home, Yingtong Communication, Kaiwang Technology, Guanghui Automobile, Kaizhong Precision, Hubei Yihua, Tax Friends Co., Ltd., Cialis, Sanhui Electric, Jinlang Technology, CATL.
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
Category 2 hot spots: real estate, power grid equipment, AI, diversified finance, medium and special valuation, brain-computer interface.
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
Real estate, rare earth permanent magnets, land circulation (yesterday: copper cable high-speed connection, consumer electronics, power equipment).
26. Today's hot performance
The top 30 industries with the same right to rise in hot spots: leasing and selling the same rights, rare earth permanent magnets, real estate, supply and marketing cooperatives, land transfer, genetically modified, phosphorus chemical industry, planting and forestry, coal mining and processing, metal zinc, characteristic towns, corn, fertilizers, pork, metal lead, agrochemicals, coal concept, glyphosate, Inner Mongolia, new metal materials, metal copper, agricultural planting, chicken raising, fuel ethanol, property management, ecological agriculture, Tibet, NMN concept, copper cable high-speed connection, Shenzhen state-owned enterprise reform (yesterday: copper cable high-speed connection, China Shipbuilding Department, 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 Headsets, Offshore Equipment, Superconducting Concept, High Voltage Fast Charging, Virtual Power Plant, Power Internet of Things, 6G Concept, Communication Equipment, AI PC, Electric Power, Aero Engine, Smart Wearable).
The top 30 industries in the hot spots: semiconductors, military electronics, components, science and technology innovation new stocks, e-paper, Foxconn concept, national fund holdings, PCB concept, terahertz, Apple concept, other electronics, military informatization, MiniLED, automation equipment, advanced packaging, WiFi 6, integrated circuit concept, satellite navigation, star flash concept, MicroLED concept, 6G concept, third-generation semiconductors, machine vision, MR (mixed reality), consumer electronics concept, commercial aerospace, Memory chips, supercapacitors, military equipment, Huawei ORA (yesterday: securities, family doctors, digital currency, intellectual property protection, Internet finance, electronic ID cards, 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 game, aquaculture industry).
Second, the subject matter is hot
1. Real estate stocks continued to rise, with Binjiang Group, I Love My Home, Special Services, Shares, China Merchants Shekou, Nanguo Real Estate, Urban Construction Development, Gemdale Group, Vanke A, etc.
2. Rare earth permanent magnet concept stocks strengthened, and Zhongke Magnetics, Huahong Technology, Chuangxing Resources, and Huayang New Materials rose to the limit.
3. High-dividend stocks strengthened, with Agricultural Bank of China, Yangtze River Electric Power, Nanjing-Shanghai Expressway, China Mobile, CNOOC, and Shaanxi Coal hitting a record high, and China Shenhua and Industrial and Commercial Bank of China hitting a new high.
4. Computing power concept stocks fluctuated and fell, and Tongfang shares hit the fall limit, Zitian Technology, Chengdi Xiangjiang, Cube Digital, Hongbo shares, Tongniu Information, etc. followed the decline.
5. Fintech stocks rose rapidly, Huijin Technology rose in a straight line, Zhaori Technology, Yuyin Shares, Tax Friends Shares, ISHARES Information, Chuangzhi Technology, etc. have soared.
6. The computer sector fluctuated lower, Dahua Intelligent fell to the limit, Zhongwang Software, Information Development fell, Guohua Network Security, Kingsoft Office, Danghong Technology, etc. followed suit.
7. The stock fell in early trading, Tianwei Electronics 20CM fell to the limit, and Guandian Defense, Maixinlin, Aileda, Lihang Technology, Hangya Technology, etc. followed.
8. Water conservancy stocks rose, energy-saving Tiehan, 20CM daily limit of the Institute of Construction Sciences, Zhengping shares, Sanhe pipe pile, Shenshui Planning Institute, Qinglong Pipe Industry, Han Jian Heshan, Guanlong Energy Conservation, etc. followed up.
9. The concept stocks of virtual power plants strengthened, Sanhui Electric 4 boards, Beijing Cree straight line limit, Guoneng Rixin, Dalian Electric Porcelain, Dongfang Electronics, Keyuan Wisdom, etc. followed up.
10. The underground pipe network sector went up, energy-saving Tiehan, Palm Shares, Zhengping Shares, etc., and Han Jianheshan, Qinglong Pipe Industry, Leshan Electric Power, etc. followed up.
11. The concept of tax reform has risen again, tax friends have 4 boards in 5 days, Zhongke Jincai has a straight line limit, Kechuang Information has risen by more than 10%, and Jincai Internet, Watertek Information, Zhongke Jiangnan, etc. have followed up.
3. Summary of important events at home and abroad
(1) Macroeconomic policies
1. On July 1, the State Council promulgated the Provisions of the State Council on the Implementation of the Registration and Management System for Registered Capital of the Company Law of the People's Republic of China, which came into force on the date of promulgation. There are 13 articles in the Provisions, which mainly include the following. The first is to clarify the transitional period arrangements for the adjustment of the subscription period of the existing company; the second is to stipulate the handling of abnormal capital contributions of the company; The third is to improve regulatory measures.
2. Ministry of Industry and Information Technology: Announcement of the preparation plan of the Brain-Computer Interface Standardization Technical Committee. It is planned to invite responsible comrades of relevant departments and research institutions to serve as members, and the members are planned to be served by enterprises, scientific research institutes, universities and other industrial and technical experts in the field of brain-computer interface, and the secretariat is affiliated with China Electronics Standardization Institute. The affiliated unit will provide the secretariat with the necessary working conditions and financial support. The post-establishment work plan includes optimizing and improving the standardization roadmap, accelerating the development of key technical standards, and promoting the publicity and implementation of standards.
(2) Domestic economy
1. The second phase of the rate reform of the public offering industry is gradually being implemented, and the fund company is negotiating with the money brokerage company on the rate and requesting a reduction in the transaction fee standard. Before the two parties fail to reach a new brokerage rate, the money brokerage company promises not to stop the brokerage service for the fund company that has expressed its intention to sign the contract in writing
2. After the introduction of a new round of new policies for the property market since May, some market transaction indicators in June have seen positive changes. In terms of transaction volume, the performance of second-hand houses in first-tier cities such as Beijing, Shanghai and Shenzhen is particularly eye-catching. In June, 14,987 second-hand houses were signed online, reaching the highest level in 15 months. In addition, as of June 30, a total of 26,374 second-hand houses were traded in Shanghai in June, an increase of 41% compared with the second-hand housing transactions in May, hitting a new high in the past three years.
3. Since July 1, 8 new measures for the reform of public security traffic management to facilitate the people and benefit enterprises have been officially implemented. Specifically, 60 cities have piloted the electronic driving license of motor vehicles; If the small car driver's license is cancelled due to the overdue three-year period, the applicant shall re-apply for the original quasi-driving driver's license, and only need to pass the road driving skills test of subject 1 and subject 3.
4. As of June 30, the express delivery business volume in mainland China has reached 80 billion pieces this year, 59 days ahead of 2023. Since the beginning of this year, the average monthly business volume of mainland express has exceeded 13 billion pieces. In June, driven by favorable factors such as the mid-year promotion of e-commerce platforms, the average daily business volume of mainland express delivery exceeded 500 million pieces.
5. On July 1, the adjustment of the national basic medical insurance drug list in 2024 was officially launched, and the National Health Insurance Administration said that drugs for children, rare diseases, and drugs with major changes in indications or functional indications can be declared, and the negotiation will be completed in November this year, and the results of the adjustment of the drug list will be announced.
6. On July 1, the Meteorological Fengyun-3F satellite officially launched the comprehensive exploration business of the global earth-atmosphere system. The F satellite is equipped with 10 operational instruments, which can greatly improve the observation accuracy of atmospheric temperature and humidity and vertical profile through full-spectrum, hyperspectral, and quantitative observation, and play an important supporting role in disaster prevention and mitigation on the mainland.
(3) The international situation
1、
2. On July 1, the China-Serbia Free Trade Agreement officially came into effect. The China-Cyprus FTA is the first FTA signed between China and CEE countries, and the 22nd FTA signed by the mainland. After the agreement came into effect, the proportion of imports from both China and Cyprus in the final zero-tariff items reached about 95%.
3. Four new lithium projects in Argentina will be commissioned in the coming weeks to months, which will significantly increase Argentina's annual lithium production capacity by 79% to 202,000 metric tons of equivalent.
4. A number of new energy vehicle companies have announced their car manufacturing report cards in June 2024. Li Auto delivered 47,774 new vehicles in June, a year-on-year increase of 46.7%, and the cumulative delivery volume in the first half of the year reached 822345, ranking first in the total delivery volume of China's new power brands. Xpeng delivered a total of 10,668 new vehicles in June, a year-on-year increase of 24%, and a total of 52,028 new vehicles were delivered in the first half of the year, a year-on-year increase of 26%; NIO delivered 21,209 new vehicles in June, up 98% year-on-year and a record high. ZEEKR delivered 20,106 vehicles in June, an increase of 89% year-on-year and 8% month-on-month, setting a new record high.
(4) Important events and related stocks
1. SK hynix plans to invest 430 billion in HBM memory chips and focus on companies related to the industrial chain.
SK hynix announced on June 30 that SK hynix plans to invest 103 trillion won in the field of AI by 2028, of which about 80%, or 82 trillion won (currently about 432.55 billion won), will be used for HBM memory chips.
As a high-performance DRAM based on 3D stacking process, HBM breaks the bottleneck of memory bandwidth and power consumption, and the improvement of GPU performance promotes the continuous upgrade of HBM technology, and the market demand surges. According to TrendForce, HBM3e will be the mainstream of the market this year, with shipments concentrated in the second half of this year. Analysts believe that HBM effectively solves the memory bottleneck problem and is the best solution to meet the current AI needs, and the strong demand for HBM also benefits packaging, materials, equipment and other links.
Related stocks: Huahai Chengke (688535), Novoray New Materials (688300).
2. China is accelerating the deployment of 5G-A, and industrial chain companies are expected to usher in development opportunities.
The Mobile World Congress (MWC), with the theme of "Future First", focused on key areas such as "Beyond 5G, AI Economy and Digital Intelligent Manufacturing", and 5G-A technology became a hot topic in the first year of commercial use. China has accelerated the deployment of 5G-A and will continue to promote innovation and leadership, accelerate the innovation of next-generation information technologies such as 5G-A, artificial intelligence, and quantum communication, and carry out large-scale commercial use of 5G-A technology in an orderly manner.
As an enhanced version of 5G technology, 5G-A has injected strong impetus into the development of various industries with its excellent speed improvement, lower latency, and wider connection capabilities. At present, China's major operators are accelerating the deployment of 5G-A. This year, the first year of 5G-A commercialization and the first year of AI entry will open the "mobile AI era", which will bring about a revolution in human-computer interaction, and the interaction mode will shift from "touch interaction" to "full-modal interaction", supporting the transformation of natural language, gestures, emotions and other interaction methods. According to the Ministry of Industry and Information Technology, China is systematically deploying 5G-A technology research, standard development and product research and development, and accelerating the deployment of commercial use; Promote 5G-A network coverage in key cities and hotspots based on application scenarios, and accelerate the construction of intelligent computing infrastructure. China is the world's largest 5G market, and the number of 5G connections in China is expected to exceed 1 billion by the end of this year. The 5G market is expected to contribute nearly $260 billion to China's economy by 2030.
Related stocks: Wuhan Fangu (002194), SIEMIC Mobile (688387).
3. Rare earth management regulations, equal emphasis on protection and development.
The Regulations on the Administration of Rare Earths will come into force on October 1, 2024. The "Regulations" stipulate that equal attention should be paid to the protection of resources and the development and utilization of rare earth resources, and the state shall implement protective mining of rare earth resources. It is clear that the state implements a unified plan for the development of the rare earth industry, and encourages and supports the research and development and application of new technologies, new processes, new products, new materials and new equipment in the rare earth industry. It is stipulated that the total amount of rare earth mining and rare earth smelting and separation shall be regulated and controlled, and dynamic management shall be optimized. Further standardize the comprehensive utilization of rare earths, establish a product traceability system, and strictly manage circulation.
Rare earth is a strategic resource of the mainland, which not only occupies the first place in the world in terms of reserves and output, but also has the production capacity of various products in the whole industry chain. Rare earth has excellent magnetic, optical and electrical properties, and is widely used in many industrial fields. In the future, with the continuous progress of science and technology and the development of emerging industries, the rare earth industry is expected to usher in new development opportunities. For example, the development of new energy vehicles, wind power, robotics and other fields will further increase the demand for rare earth permanent magnet materials; The development of 5G communications, the Internet of Things and other fields will promote the application of rare earths in electronic devices; Developments in aerospace, defense, military, and other fields will increase the demand for high-performance rare earth materials. Especially in the context of a low-carbon economy, magnetic materials, as the cornerstone of energy conservation and environmental protection, have shown broad development prospects.
Related stocks: China Rare Earth (000831), Northern Rare Earth (600111).
4. New gene editing tools have been introduced to precisely cut targets and insert new DNA sequences.
"Gene scissors" CRISPR technology has revolutionized the face of medicine, agriculture and biotechnology. Recently, a team from the School of Life and Environmental Sciences at the University of Sydney in Australia has successfully developed a gene editing tool SeekRNA, which is more accurate and flexible than CRISPR. The tool utilizes programmable RNA strands to directly identify insertion sites in gene sequences, simplifying the editing process and reducing errors.
Gene therapy has grown into a large market of nearly $10 billion per year and continues to grow, in addition to rare disease treatment, the development and application of gene editing technology is also marching into a broader field, such as drug development for cancer, Alzheimer's disease, cardiovascular diseases, gene therapy, etc. In addition, precision medicine has become a national strategy, which has brought a strong catalytic effect to the development of gene editing technology in mainland China.
Related stocks: Kaineng Health (300272), New Open Source (300109).
5. Enter the growth period of decommissioning and improve the long-term mechanism for the comprehensive utilization of waste batteries.
The Ministry of Industry and Information Technology recently held a symposium on the whole industry chain of comprehensive utilization of waste power batteries for new energy vehicles in Beijing. The participants involved key metal raw material production, power battery production, automobile production, scrapped motor vehicle recycling and dismantling, and waste power battery comprehensive utilization enterprises, and planned to accelerate the promotion and improvement of the long-term mechanism for the comprehensive utilization of waste power batteries.
According to the "Notice on the Promotion and Application of Financial Support Policies for New Energy Vehicles from 2016 to 2020" issued by the Ministry of Finance and other four departments, by 2024, China will usher in the first batch of power batteries "out of insurance", and the number of lithium battery retirements will increase significantly. It is expected that by 2030, the scale of the lithium battery recycling market is expected to exceed 100 billion yuan, with an average annual growth rate of 26%, and the recycling volume of waste lithium batteries will exceed 1 million tons, which is equivalent to about 5 times that of 2022.
Related stocks: Overclocking three (300647), Tianqi shares (002009).
6. The average price of cement in China has turned positive year-on-year, and the leading enterprises in the industry are expected to benefit.
As of June 21, 2024, the national average price of cement was 393 yuan/ton, up 3.67 yuan/ton month-on-month and 3.16 yuan/ton year-on-year; The national cement shipment rate was 48.33%, down 1.2pct month-on-month and 7.67pct year-on-year. Benefiting from the strengthening of staggered productivity, the overall inventory level slowly declined, and cement prices in South China and Northwest China continued to rise last week, thereby driving the national cement prices to fluctuate upward. In the first quarter of 2024, cement earnings bottomed out, and prices increased actively in the second quarter, and the bottom earnings of core companies were better than those of their peers in the past cycle.
Recently, the National Development and Reform Commission and other five departments on the issuance of the "cement industry energy conservation and carbon reduction special action plan" notice, the cement industry into the carbon trading process is expected to accelerate. At the same time, the recent gradual implementation of price increases in the cement industry is expected to drive the improvement of the industry's profitability and the valuation of the cement industry is expected to be restored. Individual stocks focus on Conch Cement (600585), Tianshan (000877) and so on.
7. Solid-state battery technology continues to make breakthroughs, and the industrial chain is expected to usher in opportunities.
On June 28, at the 2024 Solid-State Battery Industry Ecosystem Entrepreneur Summit held in Suzhou, Jiangsu Province, Yu Qingjiao, Secretary-General of Zhongguancun New Battery Technology Innovation Alliance, said that in recent years, relying on a strong manufacturing foundation of the new energy industry chain, mainland battery companies have made important breakthroughs in solid-state battery technology research and development, industrial chain layout, etc., especially with the mass production and loading of semi-solid-state batteries of Chinese enterprises represented by Weilan New Energy, Qingtao Energy, Ganfeng Lithium Battery, etc. The semi-solid-state battery has truly realized the industrialization in the economic sense.
In addition, the Chinese government plans to invest about 6 billion yuan in the research and development of all-solid-state batteries in the near future, and six leading companies, including CATL and BYD, have received government support for basic research and development. This initiative, the first of its kind in the industry, is led by relevant government ministries and aims to encourage companies to conduct in-depth research and development of all-solid-state battery technology. With the strong support of the government and the active investment of enterprises, the R&D and industrialization process in the field of solid-state batteries in China is accelerating, and related industry chain companies are expected to usher in opportunities.
Related stocks: Oriental Zirconium (002167) has set up a special technical research and development team to continue to increase technology research and development and investment in zirconia products used in solid-state battery electrolytes;
TD Optics (002632) aluminum-plastic film can be used in solid-state batteries.
8. The revenue of industrial enterprises continued to rebound, and they continued to pay attention to high-end equipment manufacturing.
The manufacturing purchasing managers' index (PMI) for June released by the National Bureau of Statistics on June 30 was 49.5%, unchanged from the previous month. Judging from the changes in the sub-indexes, the production activities of the mainland's manufacturing industry maintained a steady and increasing momentum in June, with the production index at 50.6%, although it decreased slightly by 0.2 percentage points from the previous month, it still remained in the expansion range. In addition, data released by the National Bureau of Statistics on June 27 showed that the revenue of industrial enterprises continued to rebound. From January to May, the operating income of industrial enterprises above designated size increased by 2.9% year-on-year, 0.3 percentage points faster than that from January to April, and accelerated for two consecutive months. From the perspective of the current month, the operating income of industrial enterprises above designated size increased by 3.8% year-on-year in May, and the growth rate further accelerated by 0.5 percentage points on the basis of turning from decline to increase in April. Corporate revenue continued to recover, providing important support for the recovery of earnings. From January to May, the total profit of industrial enterprises above designated size reached 2,754.38 billion yuan, a year-on-year increase of 3.4%. The equipment manufacturing industry has become an important engine for profit growth.
With the deepening of the high-end, intelligent and green manufacturing industry, the formation of new kinetic energy and new advantages has been accelerated, and the profits of the equipment manufacturing industry have maintained rapid growth, injecting important impetus into the improvement of the efficiency of industrial enterprises. From January to May, the profit of the equipment manufacturing industry increased by 11.5% year-on-year, which was 8.1 percentage points higher than that of the industry above the designated size, and drove the growth of industrial profits above the designated size by 3.6 percentage points.
Combined with the policy to guide a new round of large-scale equipment updates, with the marginal improvement of macroeconomic indicators, the pro-cyclical equipment manufacturing sector represented by general machine tools and tools is expected to start.
Related stocks: Genesis (300083), Yuhuan CNC (002903).
9. The window for interest rate cuts and RRR cuts is expected to open again, focusing on high-dividend bank stocks.
The Monetary Policy Committee of the People's Bank of China recently held its regular meeting for the second quarter of 2024. The meeting continued the tone of the regular meeting in the first quarter, pointing out that while the economic operation continued to pick up and improve, it stressed that "it is still facing challenges such as insufficient effective demand and weak social expectations", and then mentioned that "it is necessary to increase the implementation of the monetary policy that has been introduced" to keep the scale of social financing and money supply in line with the expected targets of economic growth and price levels. The market believes that there is still room for interest rate cuts and RRR cuts within the year.
Overseas, the US May PCE released over the weekend showed that inflation decelerated across the board, and the Fed's favorite core inflation measure hit a record low in more than three years, providing strong support for the Fed's interest rate cut expectations in September this year. This also creates space for the introduction of domestic monetary policies such as RRR and interest rate cuts, and easing policies are expected to be positive for bank stocks.
In addition, in the process of market volatility and bottoming, high-dividend strategies continue to prevail. As of June 26, 19 A-share listed banks have distributed cash dividends for 2023, with a total dividend amount of 139.893 billion yuan, of which 8 banks have a dividend ratio of more than 30%. In terms of the situation of major state-owned banks, China Construction Bank, Industrial and Commercial Bank of China, Bank of Communications, Bank of China, and Postal Savings Bank will all hold shareholders' meetings before June 30 to review plans related to profit distribution. According to the previous announcement, the total dividend amount of the six major state-owned banks in 2023 will exceed 410 billion yuan for the first time, hitting a record high. Under the advocacy of the new "National Nine Articles", more small and medium-sized banks may follow suit and promote the implementation of medium-term dividends. Interim dividends are also conducive to investors holding dividend-oriented bank stocks more steadily and for a long time, supporting the continuous rise of stock prices.
In addition, with the continuous development of real estate policies, whether it is the recovery of sales to drive the demand for mortgage loans, or the improvement of banks' risk expectations, it is expected to open up the valuation repair space of the banking sector.
Related stocks: Bank ETF (159887) and Bank of Suzhou (002966), Bank of Nanjing (601009).
10. Apple has newly obtained a landmark patent, and the era of scroll screen may come.
Apple has recently been awarded a landmark patent for screen stretching, a technology that promises to revolutionize the display experience for smartphones, tablets, laptops, smartwatches, and possibly the Vision Pro in the future, according to the latest list published by the U.S. Trademark and Patent Office.
At the heart of this patent is a special OLED screen technology that combines the design concept of a rigid pixel island with a flexible screen. Apple describes in detail in the patent document how the screen is constructed: the stretchable part of the screen is made up of sealed rigid pixel islands that are connected to each other by flexible screens, allowing the screen to stretch and expand.
The commercial application of this technology will greatly promote the development of smart devices, especially in the field of wearables and mobile devices.
Related stocks: TCL Technology (000100) Huaxing has formed a perfect layout covering full-size panels, launched diversified products covering all scenarios such as mobile phones, tablets, laptops, and vehicles, and released breakthrough cutting-edge products such as the world's first AMOLED "cloud scroll screen" and the world's first printed OLED scroll screen;
Zhaowei Electromechanical (003021) has done technical iteration and product research and development on the scroll screen.
11. The recognition of overseas markets continues to increase, and we pay attention to the railway infrastructure of Zhongzitou.
Recently, the "Fuxing high-speed train" successfully won the special prize of the 2023 National Science and Technology Progress Award. The Fuxing high-speed train has become the EMU train with the highest commercial operation speed and the most abundant operation scenarios in the world. By the end of 2023, China Railway has presided over a total of 65 ISO, ICE and UIC international standard formulation and revision projects, participated in 249 international standard formulation and revision projects, and all 11 system-level international standards in the field of high-speed rail of the International Union of Railways have been formulated by China Railway.
It is also worth noting that China's railway infrastructure is popular overseas. Vietnamese Prime Minister Pham Minh Chinh told Lou Qi Luong, chairman of China Railway Communication and Signal Group, on the sidelines of the World Economic Forum in Dalian, that Vietnam needs China's assistance in railway design, construction and technology transfer, according to a news release released by the Vietnamese government news network on June 25. Pham Minh Chinh also proposed that Chinese companies and the Ministry of Transport and relevant departments of Vietnam cooperate in specific projects, including Lao Cai-Hanoi-Hai Phong in due course; Dong Dang - Hanoi; The construction of three railways, including Mong Cai-Ha Long-Hai Phong, has promoted the cross-border standard gauge railway connection between Vietnam and China, as well as the urban rail transit project in Hanoi and Ho Chi Minh City. In addition to Vietnam, on June 6, the signing ceremony of the trilateral intergovernmental agreement on the China-Kyrgyzstan-Uzbekistan railway project was held in Beijing, and the heads of state of the three countries congratulated the signing of the agreement by video. In May, the Minister of Transport of Slovakia visited China and invited Chinese enterprises to participate in railway and other infrastructure. Slovakia is adjacent to Hungary to the north and south, and the construction of the Hungarian section of the Hungarian-Serbian railway is continuing to advance, which is the first railway project implemented by China in an EU country.
Related stocks: China Railway Construction (601186), China Communications Construction (601800).
12. Samsung officially announced the Paris development conference, and the smart ring may welcome the first year of the volume.
Samsung officially announced that the 2024 Galaxy Unpacked conference will be held in Paris at 21 o'clock on July 10, Beijing time, and the poster reflects the shape of the Eiffel Tower. There is little to no suspense about the new products that Samsung will bring at the launch: the Galaxy Z Fold 6, Z Flip 6, Watch 7 smartwatch, Galaxy Tab S10 tablet, and Galaxy Ring smart ring.
Samsung has already teased the Galaxy Ring at its launch event earlier this year, and at the upcoming Galaxy Unpacked event, Samsung is expected to officially unveil the new wearable device. As a new member of Samsung's family of wearables, Galaxy Ring will focus on health tracking features, including heart rate monitoring, sleep analysis, respiratory rate tracking, and more, to help users better understand their health.
Among the many wearable smart device categories, the track of smart rings is still in the early stage, and after consumer electronics leaders such as Samsung and Apple have entered the game, the smart ring industry is expected to usher in rapid growth, and 2024 is expected to usher in the first year of volume.
Related stocks: Tianjian shares (301383) Private label products such as smart rings have recently begun to be sold on the JD.com platform;
Guoguang Electric (002045) Lithium-ion batteries are mainly used in wireless headphones, smart audio, wearable devices, electronic cigarettes, drones and other products. Curved refers to electronic products used in wearable devices such as smart rings and smart rings.
13. Data asset trading is becoming more and more active, and concept stocks are expected to attract attention.
On June 28, the Shanghai Data Exchange Data Asset Trading Market Press Conference and the Deqing City Data Data Asset Credit Financing Kick-off Conference were held on the Shanghai Data Exchange. Tang Qifeng, general manager of Shanghai Data Exchange, said that the Shanghai Data Exchange explores the construction of a data asset trading market, aiming to promote the linkage development of the data element market and the financial element market, and stimulate the vitality of the value release of data elements. Up to now, there have been more than 2,700 data products listed on the Shanghai Data Exchange, and the transaction volume of data products in 2023 will exceed 1.16 billion yuan, and the transaction amount as of the end of May 2024 will be the same as last year, and the transaction amount is expected to be about 5 billion yuan this year.
In addition, in order to promote the capital Beijing to build a global digital economy benchmark city and help digital finance move forward from "pillars and beams" to "accumulation of momentum", the "2024 Global Digital Economy Conference Digital Finance Forum" will be held on July 3 at the International Conference Center of Beijing Banking and Insurance Industrial Park, Shijingshan District, Beijing, and the concept of short-term digital economy is expected to be favored by funds.
Related stocks: Zero Point (301169), Copper Bull Information (300895).
14. The first wave of summer travel peaks are coming, and the prosperity of the tourism industry may continue to improve.
As of June 27, during the 2024 summer travel period (July 1 to August 31), the number of domestic air ticket bookings exceeded 18 million, an increase of about 23% over the same period last year; There were about 145,000 planned flights on inbound and outbound routes, and nearly 7 million air tickets booked on inbound and outbound routes, an increase of about 93% over the same period last year. Recently, the hot weather in the north of the mainland has continued to develop. A total of 169 national meteorological stations in Hebei, Henan, Shandong and other places have reached the extreme high temperature threshold, and the comprehensive intensity of the high temperature process is the fifth strongest in the past five years. Zhang Yujie of Orient Securities believes that the continued high temperature may make summer vacation become the theme of this year's summer vacation, and it is recommended to pay attention to the northern and alpine summer resort targets.
Related stocks: Dalian Shengya, Tibet Tourism.
15. The energy industry has entered the peak summer period, and virtual power plants are expected to meet the investment and construction boom.
Since June, Beijing, Shandong, Henan and other places have ushered in high temperature weather, driving the rapid growth of electricity load, and the energy industry has gradually entered the peak summer period. The National Energy Administration, the State Grid, the China Southern Power Grid and other departments have gone all out to ensure the supply of electricity, and various units such as wind energy, solar energy, hydropower, thermal power, and nuclear power are "at full power" to ensure electricity demand. Zhang Wenchen of Huajin Securities said that recently, many places in China have ushered in high temperature weather, the electricity load continues to rise, and the critical period of peak summer is coming. In recent days, many places and departments have successively deployed around all aspects of energy production, supply and use to ensure the safe and stable supply of electricity this summer. At present, a number of provinces and cities in China have launched pilot projects for virtual power plants, and the "Several Measures of Shenzhen to Support the Accelerated Development of Virtual Power Plants" clearly stipulates that subsidies for virtual power plant related industries will be increased; The Shandong Electric Power Trading Center publicized the registration information of 8 virtual power plants, marking the gradual transfer of virtual power plants from the laboratory stage to the engineering application stage.
Related stocks: Beijing Cree, Zeyu Intelligence.
16. Beijing issued regulations on autonomous vehicles, and the implementation process of vehicle-road-cloud integration has been accelerated.
On June 30, the Beijing Municipal Bureau of Economy and Information Technology solicited public comments on the "Beijing Autonomous Vehicle Regulations (Draft for Comments)". The "Regulations" intend to clarify that new, reconstructed and expanded roads reserve space for intelligent roadside infrastructure, support the circulation and utilization of data for autonomous vehicles, and encourage market entities to develop data products and provide applications and services. At present, the Beijing High-level Autonomous Driving Demonstration Zone has issued road test licenses for 31 test car companies, with a mileage of more than 28 million kilometers of autonomous driving tests, and will achieve full coverage of 600 square kilometers of intelligent roadside infrastructure in the city within the year. The integration of vehicle, road and cloud continues to catalyze. Recently, Beijing's nearly 10 billion yuan vehicle-road-cloud integration new infrastructure project plan was announced, Wuhan's 17 billion yuan vehicle-road-cloud integration major demonstration project was approved by relevant departments for the record, and Fuzhou, Ordos, Shenyang, Hangzhou and other cities related projects launched bidding, marking that vehicle-road-cloud integration is entering a new stage from a small-scale test and verification stage to a large-scale demonstration application.
Related stocks: Genvict Technology, Wanji Technology.
17. Sichuan New Energy Vehicle Innovation Center: Solid-state battery nano-scale "sulfide electrolyte" is about to be mass-produced.
In recent years, the Ouyang Minggao Academician Workstation (Sichuan New Energy Vehicle Innovation Center) located in Sanjiang New District, Yibin has continuously broken through technical bottlenecks and promoted the research and development of all-solid-state batteries with the power of science and technology. At present, Ouyang Minggao Academician Workstation (Sichuan New Energy Vehicle Innovation Center) has made phased progress in the research and development of "sulfide electrolyte", a key material in all-solid-state batteries. The research and development of nano-scale "sulfide electrolyte" is about to enter the mass production stage, and a pilot line with an annual output of 100 tons is currently being planned, and construction is expected to start at the end of this year. After the pilot line runs smoothly, before 2026, Ouyang Minggao Academician Workstation (Sichuan New Energy Vehicle Innovation Center) will also build a 1,000-ton mass production line.
Related stocks: Jin Longyu, Dangsheng Technology.
Fourth, short-term stock sniping (only analysis, not recommendation)
Binjiang Group (002244): Hangzhou real estate enterprises + rumors of "being taken over by state-owned enterprises" + solid: 1. According to a report by the Securities Times on July 1, on June 26, Beijing landed the "5.17" new policy, and introduced a number of housing purchase support policies such as down payment reduction and interest rate reduction. Industry insiders expect that the online signing of second-hand housing in Beijing is expected to reach 14,500 units in June, a new high in 15 months. 2. CITIC Securities pointed out on June 30 that the incremental policy of future storage and stimulation of demand may be increased to effectively affect residents' expectations of the future housing supply and demand relationship, so that the deferred demand can improve the immediate supply and demand relationship in advance, stabilize housing prices, improve expectations and avoid risks in a wider range. 3. News on April 16: According to Zhejiang Economic Television, recently, there are rumors that Hangzhou Binjiang Real Estate Group was "taken over by state-owned enterprises". On April 16, Qi Jinxing, chairman of Binjiang Group, said, "Enterprise development is the best response, not a response." "Binjiang Group will continue to maintain a leading position in Hangzhou's land market and real estate sales market, and maintain a leading position in quality and brand. 4. The company's main business is real estate development and its extended business operation, and the main products are real estate, hotel and property services. 5. PROLOGIUM HOLDING INC. IS A SOLID-STATE BATTERY COMPANY (PLG) IN TAIWAN, CHINA, AND THE COMPANY'S INVESTMENT IN HUINENG TECHNOLOGY CO., LTD. IS 322,111,380 YUAN.
I love my home (000560): housing brokerage services + signed cooperation + Hangzhou 1, the company is one of the earliest national housing brokerage service enterprises established in China, with I love my home, Xiangyu, Kunbai Dawai and other brands. The "Xiangyu" business has covered 15 large and medium-sized cities across the country, including Beijing, Hangzhou, Shanghai, and Suzhou, with more than 270,000 units under management, serving more than 2 million owners and 5 million tenants, and the total scale of housing assets under management is nearly one trillion yuan. 2. On May 14, I Love My Home announced that Beijing I Love My Home Real Estate Brokerage Co., Ltd., a wholly-owned subsidiary of the company, recently signed a "Strategic Cooperation Agreement" with Beijing Jingbangda Trading Co., Ltd. The two sides plan to carry out in-depth cooperation in the fields of community services, industrial belts of origin, commodity supply chains, service supply chains, and smart logistics. 3. Announcement on May 6: Recently, the policy environment of the company's industry has shown an improvement trend, and some cities have successively optimized or lifted the purchase restrictions on housing transactions. The introduction of many policies and measures conducive to market confidence and enhanced housing consumption will help further stimulate the vitality of the second-hand housing market and help the company to repair and recover the market.
Huijin Technology (300561): Fintech + Bank + State-owned Assets to be Owned 1. As one of the earliest professional companies in China to expand cash and heavy control item management solutions in the financial industry, with the continuous innovation of financial information technology, the company's main business is to use the Internet of Things, artificial intelligence, dynamic passwords, edge computing, security encryption and other technologies to provide customers in the financial industry with "cloud + end" overall solutions and services such as operation management, risk control, and branch transformation. The company's customers cover large domestic state-owned commercial banks, joint-stock commercial banks, urban commercial banks, rural commercial banks, rural credit cooperatives and foreign banks. 2. Announcement on June 3: From the date of transfer of the subject shares of the first share transfer to the name of Zibo Guotou, the controlling shareholder of the company will be changed to Zibo Guotou. Up to now, Zibo Guotou has completed the payment of the second installment of the first transfer price of the first share transfer in accordance with the Supplementary Agreement I to the Share Transfer Agreement of Zhuhai Huijin Technology Co., Ltd., and has not yet obtained the approval documents of the state-owned assets supervision and administration department with the right to approve it.
Yatai Group (600881): State-owned assets increase + face value delisting game + coal + medical equipment + Changchun state-owned assets 1, June 30, Yatai Group announced that Changchun State-owned Assets Supervision and Administration Commission designated Changfa Group to increase its holdings of the company's shares, and the proposed increase in holdings is not less than 150 million yuan, not more than 300 million yuan, and the increase price does not exceed 1.62 yuan per share. The company announced on the same day that its shareholder, Jinta Investment, promised not to reduce its holdings of the company's shares in any way within 12 months from July 1, 2024 to July 1, 2025. The main shareholders of Jinta Investment are the company's senior executives, members of the company's affiliated enterprises (middle level of the headquarters) and core backbone management personnel. Previously, the company's shares closed at 0.99 yuan per share on June 20, 2024, below 1 yuan for the first time. 2. The company is a state-owned enterprise, and the ultimate controller is the State-owned Assets Supervision and Administration Commission of Changchun Municipal People's Government. The company has formed a business development pattern with the three major industrial groups of building materials, real estate and medicine and financial investment as the core, and continues to promote the transformation and upgrading of the industrial structure. 3. 22 semi-annual report: the company's pharmaceutical industry has formed a large health industry chain integrating resources, research and development, production, circulation, medical devices and health management, and its main products cover modern Chinese medicine, Chinese medicine decoction pieces, chemical drugs, biological products, medical devices, health food, etc. 4. Shuangyashan Yatai Coal Industry Co., Ltd. and Jixiatai Coal Preparation Co., Ltd., which belong to the company, have a total of 2 coal production mines, with an annual raw coal production capacity of 900,000 tons and an annual washing capacity of 1.5 million tons.
Dagang Holdings (300103): Highway construction and maintenance machinery and equipment + intelligent operation and maintenance + rare earth permanent magnet 1, the company's main business is the development and design, production, sales, technical services and general contracting business of highway construction and maintenance machinery and equipment. The company's main products are highway construction and maintenance machinery and equipment, and the company has been in the leading position in the domestic high-end asphalt pavement machinery industry, occupying a high share of the intelligent high-end market. 2. The intelligent operation and maintenance management business of public facilities is a major expansion of the company from a manufacturer to a service provider. The intelligent operation and maintenance management of public facilities is based on market demand, supported by the integrated management platform of construction, management and maintenance, and uses the monitoring, IoT perception and analysis system of big data to provide convenient and efficient integrated management services of construction, management and maintenance for public facilities governance. 3. According to the 2023 annual report, the company has a stake in Zhongde Environmental Protection Technology Co., Ltd., which is mainly engaged in energy conservation and environmental protection engineering services; R&D, consulting and application of comprehensive environmental treatment technology; R&D, manufacturing and sales of environmentally friendly building materials; smelting, processing and sales of non-ferrous metals, precious metals, rare metals and rare earth metals; Metallurgical professional equipment manufacturing and sales. On April 17, 2024, the company has sold all the shares of Zhongde Environmental Protection to Xi'an Dake, and is no longer a subsidiary of the company, and Zhongde Environmental Protection is involved in the smelting, processing and sale of rare earth metals.
Jishi Media (601929): Placement of high-quality assets + repurchase + face value delisting game + radio and television + state-owned enterprises 1. Jishi Media announced on July 1 that the company intends to carry out asset replacement with the controlling shareholder Jilin Radio and Television Station, and the assets are 100% of the equity of Sanya Yuecheng Investment Co., Ltd. held by the company, and the assets are IPTV-related assets under the controlling shareholder Jilin Radio and Television Station. 2. On the evening of June 4, Jishi Media announced that it planned to repurchase shares for 25 million yuan to 50 million yuan, and the price of the repurchased shares was no more than 1.7 yuan per share. 3. The company's share price was once lower than 1 yuan, and the market started a game around whether the company's shares were delisted at face value. 4. The company mainly relies on the planning, construction and operation management of cable digital TV intelligent optical network and the support of interactive modern multimedia comprehensive information service platform in Jilin Province, and is engaged in basic business such as receiving, forwarding and transmitting radio and television program content; Relying on the three bearer networks of IP data network, VOD switching network and DCN network, we carry out various types of broadband Internet and other two-way data value-added services. The company is a state-owned enterprise. The ultimate controller of the company is Jilin Radio and Television Station.
5. The next day's deduction
1. Market analysis and strategy
At present, the market has basically completed the adjustment caused by the expected revision, and the trend of survival of the fittest in the market continues. Looking forward to the third quarter, policy signals, price signals and external signals are expected to become clearer, market liquidity is expected to improve significantly after the Third Plenary Session, investors gradually shift from the PEG framework to the free cash flow framework, and funds gather to the leaders of various industries. First of all, from the perspective of the three inflection point signals, in terms of policy signals, the Third Plenum will focus on comprehensively deepening reforms, which can stabilize market expectations after landing; In terms of price signals, the stabilization of housing prices in core cities needs to be further verified, and the incremental policies of collecting and stimulating demand may be increased; On the external signals, the pressure on a strong dollar remains to be unleashed, and the impact of the US election will be gradually priced in in the third quarter. Secondly, from the perspective of marginal changes in market liquidity, investors are expected to resume their enthusiasm for trading after the Third Plenary Session, and the liquidity inflection point will also appear, the trend of survival of the fittest in the market will continue, and funds will gradually gather to the leading companies in various industries.
On Monday, the index was divided into strong and weak Shanghai and Shenzhen in the morning, and the pace of synchronous upward movement in the afternoon turned to the same, especially the main board approaching 3,000 points, and more than 3,500 stocks in the two cities ran in the red, and the trading sentiment also rebounded significantly, which is more positive for the bottoming stage. In terms of indicators, the center of gravity continued to move upwards after the main board formed a compound bottom parting, returning to the central operation since 2984 in the early stage, and successfully broke through the downward trend line since the adjustment of 3174 in 30 minutes, and the shape and trend continued to improve. However, the trading volume has not continued to expand, the volume and price coordination is not ideal, and the seesaw effect of high dividends and themes is still obvious, and the sustainability under the lack of synergy needs to be tracked and observed. In addition, there is often a process of stepping back to confirm after the breakthrough of the important pressure level, so there is still a consolidation expectation in the short term, but in any case, the market will stop falling and stabilize and the flavor will be enhanced, and the market in July is still worth looking forward to. It's just that there is still a lot of determination in operation, low suction and no chasing up, and don't be blindly aggressive.
On the first trading day of July, the main board got off to a good start, but the white line led the yellow line at the time, and the weight performance was relatively strong. The GEM has also bottomed out and rebounded, and the trading sentiment has picked up. The long-term sentiment of individual stocks has also been maintained, and it is in a thriving state. But now it is still the bottom area, and it is not ruled out that there will be a recurrence, so we should remain optimistic while not rushing forward, and focus on dips. In terms of direction, it focuses on performance and policy drives, such as high dividends, price increases, new quality productivity, etc.
2. Tomorrow's market prediction: shock finishing
6. Position plan: short-term: half position.