Affected by the tense situation in Ukraine, A-Shares opened low today (February 22), and the decline of the stock index narrowed in the late trading. On the disk, in the industry, precious metals, energy metals, gas and oil rose against the market; Games, cultural media, medical devices, airports, wind power, tourism hotels, decoration and other industries led the decline. In terms of theme stocks, the cultivation of diamonds, the concept of civil explosion, the lithium extraction from Salt Lake, the calculation from the east to the West and the concept of gold were among the top gainers, and the virtual digital man, NFT concept, cloud games, intellectual property rights, covid-19 detection and blind box economy were significantly corrected.
is there any chance for the meta universe to wear the "hoop curse" in these subdivided fields?
On February 22, the concept of metauniverse fell sharply, Shenzhen Zowee Technology.Co.Ltd(002369) fell by the limit, and many stocks such as Hylink Digital Solution Co.Ltd(603825) , Shanghai Fengyuzhu Culture Technology Co.Ltd(603466) , Mango Excellent Media Co.Ltd(300413) , Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) led the decline. On the news side, in February 21st, the official website of China Mobile communications union yuan universal Industry Commission released the "Convention on the discipline of the yuan universe industry (the first session of the plenary session)". The yuan universe business should be based on the service of the real economy, and resolutely resist the use of the concept of the yuan universe hot spot for capital speculation, so as to avoid the formation of a market bubble.
Nevertheless, some institutions are still optimistic about the future trend of yuancosmic sector. Huaxi Securities Co.Ltd(002926) said that the full launch of the "counting from the east to the west" project will further provide guarantee for the high-quality development of the digital economy, and the digital economy has been supported by a series of clear policies, and the improvement of relevant laws and regulations will promote the standardized development of the industry ecology. The agency believes that the business logic related to meta universe has been strengthened, and suggests investors to pay attention to the relevant targets in the sub sectors of meta universe, such as digital display, virtual dance beauty, ultra-high definition video, VR, digital virtual human and so on.
Capital Securities pointed out that the stimulation of meta universe concept on social innovation is transitioning from experimental level projects to prototype level projects, catering to the dissatisfaction of young people with traditional social application functions and the freshness of trendy things. Social networking is the focus of the Internet giant with traffic in hand to attack the meta universe. There are also breakthrough opportunities for vertical needs such as acquaintance social networking, game social networking and drying social networking. Stimulated by the prospect of the meta universe, the global game industry will enter the peak of technology and format innovation. The saturation of Chinese market competition has accelerated the improvement of industry concentration. The requirements of sub era games for creative planning, engine technology, cross platform operation, social experience and distribution marketing have made a qualitative leap.
oil and gas sectors rose against the market Xinjiang Hongtong Natural Gas Co.Ltd(605169) , Xinjiang Xintai Natural Gas Co.Ltd(603393) and other daily limits
The concept of oil and gas rose against the market on the 22nd. In the oil sector, Hunan Heshun Petroleum Co.Ltd(603353) rose by the limit, Sino Prima Gas Technology Co.Ltd(300483) , Xinjiang International Industry Co.Ltd(000159) , Zhongman Petroleum And Natural Gas Group Corp.Ltd(603619) and other gains were higher; In terms of gas sector, Xinjiang Hongtong Natural Gas Co.Ltd(605169) , Xinjiang Xintai Natural Gas Co.Ltd(603393) limit. On the news front, according to Xinhua news agency, Russian President Vladimir Putin signed an order on the evening of the 21st to recognize the "Donetsk people's Republic" and "Lugansk people's Republic" in eastern Ukraine.
Analysts expect that if sanctions occur, Russia's natural gas exports to Western Europe through Ukraine and Belarus may be significantly reduced, and the natural gas price may return to the level of the fourth quarter of last year.
The oil market may also be affected. Ukraine shipped Russian oil to Slovakia, Hungary and the Czech Republic. Platts energy information said in a report that the Russian crude oil exported to the EU through Ukraine in 2021 was 11.9 million tons, down from 12.3 million tons in 2020.
JPMorgan said tensions could lead to a "substantial surge" in oil prices. It pointed out that if the oil price rises to $150 a barrel, the annualized growth rate of global China's GDP will fall to 0.9% in the first half of this year, and the inflation rate will more than double to 7.2%.
Sichuan Yahua Industrial Group Co.Ltd(002497) the performance in the first quarter increased by more than 10 times, and the concept of civil explosion ushered in "another spring"?
On February 22, the concept of civil explosion was among the top gainers, Sichuan Yahua Industrial Group Co.Ltd(002497) , Poly Union Chemical Holding Group Co.Ltd(002037) limit, Shanxi Huhua Group Co.Ltd(003002) , Shenzhen King Explorer Science And Technology Corporation(002917) , Tibet Gaozheng Explosive Co.Ltd(002827) and other stocks rose one after another. In terms of news, on the evening of February 21, Sichuan Yahua Industrial Group Co.Ltd(002497) disclosed the performance forecast for the first quarter of 2022. The company's pre profit was 900 million yuan to 1.2 billion yuan, a year-on-year increase of 1053.67% - 1438.22%.
On the same day, the company also released its 2021 annual performance express, with a total operating revenue of 5.233 billion yuan, a year-on-year increase of 60.99%; The net profit attributable to the shareholders of the listed company was 925 million yuan, a year-on-year increase of 185.50%; After deducting non recurring profits and losses, the net profit attributable to shareholders of listed companies was 905 million yuan, with a year-on-year increase of 202.71%; The basic earnings per share is 0.8050 yuan.
Statistics show that the output of electronic detonators in China has increased significantly in recent years. According to the data of China blasting equipment industry association, the output of industrial detonators in China in 2021 was 890 million, including 164 million electronic detonators, with a year-on-year increase of 40%. At present, the proportion of electronic detonators in the output of industrial detonators has increased from 12% in 2020 to 18% in 2021, and there is still a lot of room for improvement.
Everbright Securities Company Limited(601788) it is estimated that the annual consumption of traditional detonators in the market is about 1-1.2 billion. Assuming 100% penetration of electronic detonators in the future, the market space of electronic detonators will reach 15-18 billion yuan at an average price of 15 yuan.
during the 14th Five Year Plan period, the national plan for the development of the cause of aging and the elderly care service system was released, and relevant industrial chains or concerns
Xinhua News Agency reported on February 21 that in order to implement the national strategy of actively responding to population aging, the State Council recently issued the national plan for the development of aging undertakings and elderly care service system in the 14th five year plan, which defined the overall requirements during the 14th Five Year Plan period, focusing on promoting the coordinated development of aging undertakings and industries and promoting the high-quality development of elderly care service system Main objectives and tasks.
The plan has deployed nine specific tasks, including strengthening the social security and comprehensive elderly care service network, expanding the coverage of inclusive elderly care services, strengthening the ability of home-based community elderly care services, improving the elderly health support system, vigorously developing the silver economy, practicing the positive concept of aging, creating an elderly friendly social environment, and enhancing the support system of development factors, Safeguard the legitimate rights and interests of the elderly. At the same time, the plan has set up columns such as actions to improve public elderly care institutions, special actions to improve the combination of medical care and elderly care, actions to help the elderly with wisdom and actions to build talent teams, so as to promote the implementation of major strategic deployment.
CCID Consulting believes that China's health and elderly care industry is undergoing a rapid development stage and will continue to develop in a large-scale, standardized and comprehensive direction in the future. Affected by the improvement of policies, the acceleration of population aging, the change of consumption concept of the elderly and other factors, it is estimated that the overall scale of China's health and elderly care industry will reach 9.81 trillion yuan in 2022.
In the future, the health and elderly care industry will attract more cross cutting entrants; Pension products will be innovated with the enrichment of pension needs; Smart products will enable the development of elderly care communities.
Citic Securities Company Limited(600030) pointed out that aging has become China's basic national conditions for some time to come. The adjustment of fertility policy is difficult to improve the population structure in the short and medium term, so it needs to take the initiative to adapt at the following three levels. In terms of public service system, or improve the pension insurance system, promote the coordinated development of pension undertakings and pension industry, build a pension service system combining medical care and health care, and promote the aging transformation of public facilities. In terms of social system, we may gradually delay the legal retirement age, actively develop human resources for the elderly and develop the silver economy. In terms of the financial system, we may develop a multi pillar pension insurance system and promote the implementation of the policy of individual pension investment in public funds as soon as possible. Under the active promotion of policies, opportunities in the fields of pension services, pension medical care, elderly entertainment, pension finance and so on deserve attention.
Beijing took the lead in bringing assisted reproduction into medical insurance, and is expected to promote it in more regions in the future (with shares)
On February 21, the Beijing Municipal Medical Insurance Bureau, the health commission and the Ministry of human resources and Social Security jointly issued the notice on regulating and adjusting the price of some medical services, which included 16 assisted reproductive technologies such as artificial insemination and embryo transfer into Beijing medical insurance. It is reported that the price of 63 medical services carried out by public medical institutions has been standardized and adjusted this time, including the unified pricing of 53 assisted reproductive technology projects such as in vitro fertilization and embryo culture, which basically covers the common technologies used by public medical institutions in Beijing to carry out assisted reproductive technology. Among them, 16 common assisted reproductive technology projects in outpatient treatment, such as intrauterine artificial insemination, embryo transfer and sperm optimal treatment, involving a wide population, necessary diagnosis and treatment, mature technology, safe and reliable technology, will be included in the category a reimbursement scope of medical insurance.
Ping An Securities believes that 16 assisted reproductive projects in Beijing will be included in medical insurance, and assisted reproductive projects are expected to be included in medical insurance payment in more regions in the future. There are a large number of infertile patients in China. According to Sullivan's data, the proportion of infertile people in China will reach 18% by 2023. The single cycle price of IVF in China is generally 40000 yuan, and the penetration rate is about 7%, which is still low compared with the penetration rate of more than 30% in the United States. It is believed that the high price makes some low-income and middle-income people unable to be treated through assisted reproduction, and also makes the penetration rate increase slowly. Some assisted reproductive projects have entered medical insurance, which improves the accessibility of patients, is expected to promote the rapid release of the demand side, and the penetration rate is expected to increase rapidly, so as to promote the development of the industry.
With the release of demand, assisted reproductive institutions will provide services for more patients. Whether the institutions are standardized, whether the treatment effect is ideal, and the level of success rate will determine the number of patients. In 2018, the number of assisted reproductive cycles in China was 684000, corresponding to 498 assisted reproductive institutions, with an average of only 1373 cycles per institution. Some institutions that do not reach the average value cannot obtain sufficient patients, and it is difficult to improve the proficiency of doctors, so the overall success rate is low. The low success rate will lead to a decline in reputation, and the number of patients may be further reduced. Leading enterprises can attract more patients through word-of-mouth advantages, expansion and M & A, so as to achieve higher growth than the industry. China's assisted reproductive drug market is still dominated by imports. If the drug market is intensively purchased in the future, it is expected to promote the reconstruction of the market competition pattern and bring opportunities to domestic pharmaceutical enterprises. Suggestions: Jinxin reproduction, Beikang medical treatment, Changchun High And New Technology Industries (Group) Inc(000661) , Livzon Pharmaceutical Group Inc(000513) .
nickel prices have risen rapidly since the beginning of the year. Enterprises with relevant business layout may benefit
According to the financial report of China Central Television, since the beginning of this year, the spot price of nickel has risen rapidly after the sharp rise last year, with an increase of more than 15% this year. Since 2021, the global demand for nickel has increased significantly. According to the report data of the world Bureau of metal statistics, the supply shortage in the global nickel market reached 144300 tons in 2021, while there was still an oversupply of 84000 tons in 2020. The downstream demand for nickel is mainly the manufacture of stainless steel, alloy and power battery. Among them, the demand for power batteries increased rapidly.
Antaike, a non-ferrous metals research institute, predicts that the global demand for nickel will reach 3.05 million tons in 2022, with a year-on-year growth rate of 9.4%; China's nickel demand was 1.655 million tons, with a year-on-year growth rate of 7.3%. From 2020 to 2021, the proportion of power batteries in China's nickel consumption structure has increased from 10% to 15%.
East Asia Qianhai Securities pointed out that according to the data of Baichuan Yingfu, the demand for nickel metal from the field of stainless steel accounted for about 81.4% in 2021, accounting for the main part of the current nickel demand, followed by batteries, electroplating and other fields. The demand for nickel metal in the field of stainless steel is expected to remain stable in the next few years, while the demand for nickel in the field of battery is expected to increase rapidly driven by the rapid development of new energy vehicles. On the whole, nickel metal supply continues to be tight, long-term demand maintains stable growth, and nickel price is expected to maintain a high operating trend. Under the continuous strength of lithium, nickel and other new energy metals, enterprises with relevant business layout may benefit, such as: Tianqi Lithium Corporation(002466) , Ganfeng Lithium Co.Ltd(002460) , Gem Co.Ltd(002340) , Guangdong Guanghua Sci-Tech Co.Ltd(002741) .
