Market performance and highlights this week: twelve departments jointly issued several policies to promote the steady growth of industrial economy. Market performance: this week (from February 12 to February 18, the same below), the Shanghai Composite Index closed at 3491 points, up 0.80%; The Shenzhen Component Index closed at 13460 points, up 1.78%; The gem index closed at 2827 points, up 2.93%. In terms of the style of large and small cap, the large cap index rose 1.37% and the small cap index rose 1.89% this week. Since 2022, the market index has fallen by 6.00% and the small index has fallen by 7.72%, and the small / large ratio is 1.25. Highlights of this week: the national development and Reform Commission and other 12 departments jointly issued a notice on several policies to promote the steady growth of industrial economy.
Major events of this week: on February 16, Capitalonline Date Service Co.Ltd(300846) issued the announcement of equity incentive plan, with a total number of 20 million shares, an initial exercise price of 13.00 yuan / share and a validity period of 6 years. Equity incentive Objective: the ownership assessment year of the first grant is four fiscal years from 2022 to 2025. The first to four ownership periods: Based on the operating income value in 2020, the growth rate of operating income is not less than 61%, 105%, 160% and 230%.
Special topic of this week: the board transfer system with the new third board and the Beijing stock exchange as the core has been preliminarily completed, and the board transfer system covering the whole market has been gradually established
The multi-level capital market laid the foundation for board transfer, and the board transfer system with the new third board and the Beijing stock exchange as the core was initially completed. After about 30 years of development, China has initially formed a multi-level capital market system of “Shanghai and Shenzhen main board – Science and innovation board, gem, Beijing stock exchange – new third board (innovation layer, basic layer) – regional equity trading center”, and on this basis, it has established upgrading and transfer boards from regional equity trading center to new third board and from innovation layer to Beijing stock exchange Shanghai and Shenzhen A shares and the downgraded board transfer from the Beijing stock exchange to the new third board, the horizontal board transfer from the Beijing stock exchange to the science and innovation board and the gem, and the internal board transfer between the basic layer and the innovation layer of the new third board. Starting from the Beijing stock exchange, “five steps” to gradually establish a board transfer system covering the whole market. Compared with the mature capital market, the relationship between China’s capital markets at all levels is not close enough. A more perfect board transfer system needs to be established to strengthen the relationship between capital markets at all levels and improve the resource allocation efficiency of the capital market. In order to avoid overheating and regulatory arbitrage caused by the transfer of a large number of Companies in a short time, the principle of prudence should be considered when promoting the construction of the transfer system. It is necessary to gradually promote the establishment of the transfer system step by step and stage by stage, so as to finally realize the transfer system covering the whole market. Therefore, we propose to promote the establishment of the whole market board transfer system in five stages: first, take the establishment of the Beijing stock exchange as an opportunity to initially establish a cross exchange board transfer system; The second step is to take the comprehensive registration system as the starting point to open up the internal board transfer and downgraded board transfer system of the exchange; The third step is to further expand the transfer channel of the market inside and outside the market based on the innovation layer; The fourth step is to gradually establish a two-way board transfer system between the fourth board and the new third board; The fifth step is to promote the establishment and improvement of the whole market transfer system in a competitive way.
Key recommended themes and stocks
Smart car theme (Ju Guang technology, Huizhou Desay Sv Automotive Co.Ltd(002920) , Foryou Corporation(002906) , Ingenic Semiconductor Co.Ltd(300223) , Thunder Software Technology Co.Ltd(300496) , Lianchuang Electronic Technology Co.Ltd(002036) , Ningbo Joyson Electronic Corp(600699) , Meig Smart Technology Co.Ltd(002881) ); Leisure snack theme ( Yanker Shop Food Co.Ltd(002847) , Bestore Co.Ltd(603719) , Three Squirrels Inc(300783) ); Pet and Breakfast themes ( Petpal Pet Nutrition Technology Co.Ltd(300673) , Zhongyin Babi Food Co.Ltd(605338) ); High end manufacturing themes ( Estun Automation Co.Ltd(002747) , Amlogic (Shanghai) Co.Ltd(688099) , Jade Bird Fire Co.Ltd(002960) , Jutze Intelligent Technology Co.Ltd(300802) , Jiangsu Ankura Smart Transmission Engineering Technology Co.Ltd(300617) ).
Risk tip: the economy has fallen sharply; Major changes in capital market reform policies; The prosperity of the industry is lower than expected.
