Today (February 8), the bottom of A-Shares rebounded, and the differentiation pattern of Shanghai strong and deep weak was obvious. On the disk, tourism and hotel, coal, decoration, education, diversified finance, port and shipping, engineering construction, gas, commercial department stores and other industries led the increase; Batteries, energy metals, photovoltaic equipment, semiconductors and other industries fell deeply. In terms of subject stocks, online tourism, assembly construction and digital currency led the gains, while Ning portfolio, blade battery, Mao index and Tesla led the declines.
123547 {456} strong currency limit {1230027}
The concept of digital currency rose strongly in the afternoon of the 8th. As of press time, Shenzhen Emperor Technology Company Limited(300546) “20cm” limit, Hengbao Co.Ltd(002104) , Beijing Cuiwei Tower Co.Ltd(603123) limit, Business-Intelligence Of Oriental Nations Corporation Ltd(300166) , Beijing Advanced Digital Technology Co.Ltd(300541) and other increases were ahead. In terms of news, the Winter Olympic Games is one of the most important pilot scenarios of digital RMB. At present, the Winter Olympic Games has carried out many large-scale digital RMB pilot activities, and the whole consumption scenario has been covered within the security line of the competition area; Outside the scene, combined with the Spring Festival holiday, a new round of digital RMB red envelope pilot activities have been carried out in many places, including the six major banks in Shenzhen, which have issued a total of 25 million yuan of digital RMB red envelopes, and the Xinjin District of Chengdu, which has issued a total of 26900 digital RMB consumption red envelopes with a total amount of 2 million yuan. According to the latest data of the central bank, by the end of 2021, there had been more than 8.0851 million digital RMB pilot scenes, six times the number of scenes six months ago. Some analysts pointed out that in the future, under the catalysis of the Winter Olympic Games, the scope of pilot cities and scenes is expected to be spread out in a large area.
Minsheng Securities said that with the grand opening of the Winter Olympics, digital RMB ushered in a catalyst. If the pilot of the Winter Olympics is successfully promoted, it is expected to further accelerate the promotion and popularization of digital RMB through policies and other means. At the investment level, combined with the catalysis of digital RMB, select companies with dual inflection points between industry fundamentals and the company itself. Bank it suggests paying attention to Yusys Technologies Co.Ltd(300674) , Global Infotech Co.Ltd(300465) , Shenzhen Sunline Tech Co.Ltd(300348) , Digital China Information Service Company Ltd(000555) , Tansun Technology Co.Ltd(300872) , Northking Information Technology Co.Ltd(002987) , Feitian Technologies Co.Ltd(300386) ; The acquirer and hardware manufacturer suggest paying attention to Newland Digital Technology Co.Ltd(000997) , Xgd Inc(300130) , Lakala Payment Co.Ltd(300773) , Grg Banking Equipment Co.Ltd(002152) , etc; Encryption management: it is recommended to pay attention to Beijing Infosec Technologies Co.Ltd(688201) , Westone Information Industry Inc(002268) .
the financial sector collectively pulled up in the afternoon, and the Shanghai index turned red and returned to above 3400
On February 8, the insurance, securities and banking sectors collectively rose in the afternoon, and the stock index turned red and returned to above 3400 points. From the perspective of disk, in the insurance sector, Hubei Biocause Pharmaceutical Co.Ltd(000627) leads, China Life Insurance Company Limited(601628) , Ping An Insurance (Group) Company Of China Ltd(601318) and other outstanding performances; In terms of banking sector, Lanzhou bank rose the limit, Xiamen Bank Co.Ltd(601187) , Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) , Qilu Bank Co.Ltd(601665) , China Construction Bank Corporation(601939) , Industrial And Commercial Bank Of China Limited(601398) and so on; In the securities sector, Guolian Securities Co.Ltd(601456) rose by the limit, Shanghai Chinafortune Co.Ltd(600621) , Sealand Securities Co.Ltd(000750) rose by the top.
Founder Securities Co.Ltd(601901) believes that the current adjustment of the A-share market is coming to an end, and the market situation in February is worth looking forward to. On the one hand, the current market adjustment range has been relatively sufficient; On the other hand, the Fed’s interest rate hike will not necessarily lead to the rise of China’s interest rate. The current market liquidity and policy environment are very friendly to the market. In the context of relatively abundant and friendly liquidity environment, low overall market valuation and the industrial logic of the zugra cycle of emerging industries, we are optimistic about the market performance of science and technology growth companies represented by new energy and TMT.
Everbright Securities Company Limited(601788) pointed out that the recent micro performance expectation is still rising, and the “spring agitation” is expected to arrive as scheduled. The credit data in January may become a “good start” signal for a shares. The investment direction is concerned with two main lines, the consumption line concerns the Baijiu and medicine with high certainty, and the popular consumer goods benefiting from the consumption stimulus policies and the logic of price rise. The main line of steady growth focuses on traditional infrastructure (machinery, building materials and construction) and new infrastructure (wind power and photovoltaic).
coal stocks rose sharply against the trend. These reasons support the expectation of rising coal prices
In Tuesday’s session, coal stocks rose the most. As of press time, Anyuan Coal Industry Group Co.Ltd(600397) rose the limit, Shanxi Lu’An Environmental Energydev.Co.Ltd(601699) , Pingdingshan Tianan Coal Mining Co.Ltd(601666) , Yunnan Coal & Energy Co.Ltd(600792) rose the most, Shanxi Coking Coal Energy Group Co.Ltd(000983) , Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) , Shanxi Coal International Energy Group Co.Ltd(600546) and so on.
According to the national development and Reform Commission, during the Spring Festival holiday, various regions and central enterprises strive to stabilize coal production and supply and scientifically arrange production and sales. The daily output, supply and shipment of coal are higher than the level in the same period of the lunar calendar, which effectively ensures the demand for coal during the festival. Since the third day of the first month, coal production in various regions has rebounded rapidly, and has basically returned to the pre holiday level. The coal storage of national unified dispatching power plants has remained above 165 million tons, an increase of more than 40 million tons over the same period last year. With the accelerated recovery of coal production, the demand for coal in superimposed heating season has decreased, and the guarantee capacity of coal supply will be further enhanced.
In terms of performance, Guotai Junan Securities Co.Ltd(601211) said that the overall performance forecast of the industry exceeded expectations, and the profit of the sector decreased month on month and increased significantly year on year in the fourth quarter. According to the 32 coal companies that have disclosed the performance forecast, the annual profit forecast center in 2021 is 138 billion yuan, an increase of 80% year-on-year compared with 76.8 billion yuan in 2020. The overall profit situation is better than expected. In the fourth quarter of 2021, the profit center was 32.9 billion yuan, a month on month decrease of 19%, mainly due to the impairment of most enterprises and large cost provision in the fourth quarter, resulting in the month on month decrease of performance in the fourth quarter, but the year-on-year growth rate was better than the comprehensive level of the whole year.
For the future trend of coal price, Citic Securities Company Limited(600030) pointed out that the current fundamentals are stronger than expected, the low inventory state of power coal remains unchanged, and the coal price is easy to rise under the catalysis of expectation. Although the prices of some coking coal and coke fell on the first working day after the festival, the high price of thermal coal was stable. The port inventory is still about 4.5 million tons, lower than the level of the same period in recent two years, and is still in a low inventory state. In the follow-up, with the further release of post holiday demand and the current strong coal price expectation, or stimulate more demand for replenishment, the coal price is also easy to rise.
In the medium and long term, the research report pointed out that although the delay of carbon peak time in the steel industry has directly improved the demand expectation of “double coke”, the power consumption increment of black smelting sector is also the largest industry category in the industrial power consumption increment, so the demand for power coal has also increased. In addition, the continued rise in energy prices such as international oil prices also contributes to the expected increase in China’s coal prices. These factors are expected to become a catalyst for the short-term sector rebound.
Hubei emphasizes seizing the commanding height of the development of hydrogen energy industry, and relevant industrial chains may be concerned
According to Hubei Daily, on the afternoon of February 7, Wang Zhonglin, deputy secretary of Hubei provincial Party committee and governor, presided over an executive meeting of the provincial government to study and promote the green development of the Yangtze River economic belt, delegate some economic and social management authority to counties (cities and districts), plan the development of hydrogen energy industry, deepen the reform of natural resource management, reform and improve the management of provincial financial scientific research funds Implement the work of scientific and technological innovation vouchers, and review the working measures for complaints of foreign-invested enterprises in Hubei Province (Draft).
The meeting required that we should actively comply with the development trend of energy reform, based on the basic advantages of Hubei, plan the layout in advance and seize the commanding height of the development of hydrogen energy industry. We should focus on key industries and fields such as hydrogen energy transportation, green hydrogen chemical industry and hydrogen fuel cell, strengthen top-level design, technology research, application promotion, industrial support and project docking, and accelerate the formation of the development pattern of the whole hydrogen energy industry chain. We should adhere to planning guidance, determine forward-looking development goals, refine tasks and measures, compact work responsibilities, and accelerate the cultivation of 100 billion hydrogen energy industrial clusters.
China Merchants Securities Co.Ltd(600999) believes that at this stage, hydrogen fuel cell vehicles are in the initial stage, mainly hydrogen fuel cell commercial vehicles, and hydrogen fuel cell passenger vehicles account for less than 0.1%. It is expected that the number of hydrogen fuel cell vehicles in China will increase from 7352 in 2020 to 100000 in 2025. The compound annual growth rate is expected to reach 68%, and the market scale is expected to reach 80 billion yuan. The balance between the total life cycle cost (TCO) of hydrogen fuel cell vehicles and the cost of competitive products such as pure electric vehicles in the future is an important turning point for the improvement of market penetration of hydrogen fuel cell vehicles in various segments; The development of policy subsidies will play a great incentive role in the development of the vehicle market.
China’s tourism industry does not change the recovery trend, and the fundamentals of relevant companies are expected to continue to improve
On February 8, the tourism sector bucked the trend and strengthened. As of the noon closing, Anhui Jiuhuashan Tourism Development Co.Ltd(603199) , Xi’An Qujiang Cultural Tourism Co.Ltd(600706) , Guangzhou Lingnan Group Holdings Company Limited(000524) and other four stocks rose by the limit, while Guilin Tourism Corporation Limited(000978) , Zhang Jia Jie Tourism Group Co.Ltd(000430) , Tibet Tourism Co.Ltd(600749) and other stocks rose the most. Recently, according to official data, 251 million Chinese tourists traveled during the seven-day Spring Festival holiday in 2022, a year-on-year decrease of 2%, and recovered to 73.9% in the same period of the Spring Festival holiday in 2019 according to comparable standards; China’s tourism revenue reached 289.198 billion yuan, a year-on-year decrease of 3.9%, and recovered to 56.3% during the Spring Festival holiday in 2019.
Ctrip released the 2022 Spring Festival Tourism summary report. As of February 5, the search popularity of hotels during the Spring Festival increased by 81% year-on-year, of which local hotel orders accounted for about 60%. During the Spring Festival, the orders of hot spring, parent-child and other theme hotels are expected to account for 55% and 12% of the total orders respectively. More than 80% of tourists choose to visit local scenic spots during the Spring Festival of the year of the tiger, and the ticket proportion of scenic spots in the province is as high as 82%. In addition, the proportion of accommodation customers from third tier, fourth tier and fifth tier cities increased by 13% year-on-year and 34% compared with the Spring Festival in 2019. Orders increased by 30% year-on-year. While the young people in the small town returned home for the new year, the order volume of rural hotels more than doubled compared with that during the Spring Festival last year.
In addition, with the official opening of the Beijing Winter Olympic Games, the Winter Olympic Games also led the “ice and snow Tour” to become the most popular amusement theme during the Spring Festival of the year of the tiger. According to the big data of the same trip, during the Spring Festival this year, the orders of ice and snow scenic spots across the country increased by 68% compared with the same period last year. According to the data of flying pig, the orders of ice and snow tourism related commodities in the Spring Festival of the year of the tiger increased by more than 30% compared with last year’s Spring Festival. On the Ctrip platform, ticket orders for ice, snow and skiing scenic spots increased by nearly 40% year-on-year.
Shanxi Securities Co.Ltd(002500) believes that judging from the repeated regional epidemics in China, it is recommended to grasp the phased market. China’s tourism industry does not change the recovery trend, and the recovery process is repeatedly disturbed with the possible local epidemic. During this period, with theme investment and hot investment hotspots, the fundamentals of Companies in the industry showed continuous repair.
put forward two types of targets of common property right housing policy in many places, which will benefit the core
It is reported that Ningbo Municipal Bureau of housing and urban rural development has issued the measures for the administration of jointly owned housing in Ningbo (for Trial Implementation), which will be implemented from February 26. There are three channels for housing supply: centralized construction of land supply by transfer, allocation of commercial housing projects, and conversion of existing housing sources. In principle, the share of property rights of purchase families shall not be less than 60% and not more than 80%. The real estate ownership certificate can be listed and transferred after 10 years. Not long ago, Lanzhou, Hangzhou, Dongguan and other places have put forward measures for the management of jointly owned housing.
Huaxi Securities Co.Ltd(002926) pointed out that the Ministry of housing and urban rural development said that 2.4 million affordable rental housing units will be raised in 2022, an increase of about 155% compared with 2021. It is judged that the policy will still tilt towards steady growth in 2022, and pay attention to the corresponding beneficiary building materials categories with clear growth logic.
Assuming that the 2022 plan is fully implemented, the annual increment of affordable housing will be about 1458000 units. According to the estimation of the area of 70 square meters per unit, the annual increment of affordable housing will be about 102 million square meters, equivalent to about 5.1% of the newly started area of real estate in 2021, which helps to hedge the downside risks of real estate investment and construction. Since affordable housing is more government led investment projects, there are two types of core benefit targets: 1) consumer building materials enterprises with strong channel strength at to G end, and 2) prefabricated architectural design and decoration enterprises. Recommended ceramic tile industry Monalisa Group Co.Ltd(002918) ; Recommended Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) , Keshun Waterproof Technologies Co.Ltd(300737) , Beijing New Building Materials Public Limited Company(000786) , Skshu Paint Co.Ltd(603737) in the field of waterproof and coating; Recommend representatives of smart home and hardware Guangdong Kinlong Hardware Products Co.Ltd(002791) , Guangzhou Seagull Kitchen And Bath Products Co.Ltd(002084) industry to benefit; The leading enterprise Zhejiang Weixing New Building Materials Co.Ltd(002372) is recommended for plastic pipe, and the ad shares, Guangdong Xiongsu Technology Group Co.Ltd(300599) and H shares benefit China Liansu industry; The fabricated interior decoration Zhejiang Yasha Decoration Co.Ltd(002375) , Suzhou Gold Mantis Construction Decoration Co.Ltd(002081) industry benefited; Leading China State Construction Engineering Corporation Limited(601668) , Shanghai Construction Group Co.Ltd(600170) and other industries of housing construction projects benefited.
