daily collection
financial Associated Press: Chen maobo, financial secretary of the Hong Kong SAR government, said in his 2022 / 2023 budget that Chinese enterprises have to face increased risks and uncertainties when listing in overseas markets, and many Chinese stocks have chosen to return. Hong Kong has made preparations for this, including allowing greater China companies that do not have different voting structures and are non Chuang Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) to be listed in Hong Kong for the second time, and giving greater flexibility to issuers with Dual Major listing. These measures will further attract high-quality zhonggai shares to be listed in Hong Kong, enrich market options, increase market liquidity and enhance the competitiveness of Hong Kong’s global financing platform.
Securities Times: Wens Foodstuff Group Co.Ltd(300498) (300498) disclosed the performance express of 2021 on the evening of February 23. During the reporting period, the company achieved a total operating revenue of 64.963 billion yuan, a year-on-year decrease of 13.31%, and the net profit attributable to shareholders of listed companies was -13.337 billion yuan, with a profit of 7.426 billion yuan in the same period of last year.
Kwai Kwai: announced that the third party e-commerce platform and the fast hand cooperation agreement changed. Since 0 March 1, 2022, Taobao alliance commodity links will not be able to publish links between goods and services in the fast moving live shopping cart, short video shopping cart, Kwai Chai page, etc. Jingdong alliance commodity link will not be able to release goods and service links between Kwai live broadcast rooms, and can publish links of goods and services in short video shopping carts, business details pages and so on.
financial Associated Press: on February 23, the people’s Daily published an article signed by Xin Baoan, chairman and party secretary of the State Grid Corporation of China (hereinafter referred to as “State Grid”) “resolutely shoulder the responsibility of the power grid and actively promote carbon peaking and carbon neutralization”, clarifying that the State Grid will strengthen the construction of UHV and supporting power grids in the future, Vigorously promote the construction of new energy supply and consumption system. It is worth mentioning that Xin Baoan gave a number far exceeding the market expectation on the supporting construction of energy storage. Strive to increase the installed capacity of pumping and storage power stations in the company’s business area from 26.3 million kW to 100 million KW and electrochemical energy storage from 3 million kW to 100 million KW by 2030.
macroeconomic
Shanghai Securities News: sun Shouliang, director of the comprehensive Department of the Ministry of ecological environment, revealed at the regular press conference of the Ministry of ecological environment on the 23rd that the preparation of the ecological environment protection plan for the 14th five year plan is specifically led and undertaken by the Ministry of ecological environment. At present, all links have been successfully completed, and the planning text is being made public to the public according to procedures.
China Securities News: Tian Yulong, chief engineer and spokesman of the Ministry of industry and information technology, said that in terms of ensuring the security of industrial Internet platforms, the next step is to promote the establishment of a classified and hierarchical management system for network security of industrial Internet enterprises, and further summarize, promote and apply it on the basis of trial points; Accelerate the development and release of platform enterprise network security standards. Second, we should improve the monitoring and early warning of platform enterprises. Third, we should organize and carry out in-depth security activities to promote the application of new technologies, new products and new standards, so that the security product solutions of industrial Internet platform can be applied in all walks of life.
China Securities News: industry experts recently said that the bioeconomy development plan of the 14th five year plan is expected to be released faster. Many places have issued relevant policies to support the development of bioeconomy, vigorously promoting bioeconomy to become an important growth pole of local economic development and the core support for the development of strategic emerging industries.
Shanghai Securities News: Tian Xuebin, Vice Minister of water resources, said on the 23rd that in the next step, the Ministry of water resources will earnestly implement the decisions and arrangements of the Party Central Committee and the State Council, and further accelerate the construction of major water conservancy projects with the focus on accelerating the construction of a national water network with “complete system, safety and reliability, intensive efficiency, green intelligence, smooth circulation and orderly regulation”, Strive to expand the investment scale of projects under construction and make water conservancy contributions to the “six stabilities” and “six guarantees”, stabilize the macro-economic market and promote high-quality development in the new stage.
industry dynamics
financial Associated Press: Shanghai city digital transformation leading group meeting was held on the 23rd. The meeting pointed out that comprehensively promoting urban digital transformation is a major strategy that must be sustained and innovative. We should take advantage of the existing good foundation, actively layout and seize the digital track, expand the digital coverage and penetration, accelerate the promotion of technology iteration, application upgrading and scene updating, and strive to occupy the commanding height of digital transformation. We should explore how to build a city level platform from the perspective of the whole city.
China Securities Journal: on February 23, it was rumored that the price of potassium chloride was raised in Qinghai Salt Lake Industry Co.Ltd(000792) February, which was more than 400 yuan / ton compared with the quotation in January. In response, Qinghai Salt Lake Industry Co.Ltd(000792) insiders responded to the reporter of China Securities Journal that it did rise, with an increase of more than 400 yuan / ton. At present, the ex factory price is 3500 yuan / ton.
China Central Television Finance: SEG electronics market, located in Huangpu District, Shanghai, is the largest semiconductor trading market in Shanghai. It has attracted much attention in the industry since the shortage of automobile chips. The reporter consulted the core chip of a body electronic stability system produced by Italian French semiconductor. In the previous year, the price of this chip, whose original price was only about 20 yuan, rose sharply. Market merchants told reporters that they have been fired to 2800 yuan, excluding tax. The reporter learned that at present, the prices of most automobile chips are rising, and the small increase is several times.
financial Associated Press: Ma Haitian, Deputy Secretary General of silicon branch of China Nonferrous Metals Industry Association, said to be vigilant against overheating of polysilicon investment. According to the statistics of the silicon industry branch, China’s polysilicon production capacity is expected to be 3 million tons / year by the end of 2025. If overseas supply is included, it can meet the global installed capacity demand of about 1000gw. Experts predict that by 2025 and 2030, the global PV installed capacity demand will reach 400gw and 1000gw, and the demand converted into multi product silicon will reach 1.3 million tons and 3 million tons, that is, from 520000 tons / year capacity at the end of 2021 to more than 2 million tons / year, there must be 1.5 million tons / year capacity increment to realize new construction or expansion. The industry has incremental prospects, but the 760000 tons / year planned for over investment will become excess capacity.
stock market focus
China Securities No. 1: the release of No. 1 central document has brought investment boom to the capital market. On the 23rd, the agricultural sector was active, and a number of securities companies released research reports to discuss investment opportunities. Galaxy Securities said that the No. 1 document proposed to promote the construction of national major innovation platforms in the field of seed industry, accelerate the implementation of key agricultural core technology research projects, and implement the systems of “showing leadership” and “ministry provincial linkage”, indicating that the central government has determined the strategy of jointly promoting the construction of seed breeding bases at the national and provincial levels, so as to accelerate the improvement of China’s seed industry technology.
financial Associated Press: on February 23, A-Shares ushered in a general rise, and the gem rose sharply, with an increase of more than 2.8%. The rise of track stocks is even more eye-catching. According to the analysis of a number of fund companies, on the one hand, this is because the rebound opportunities and industry fundamentals brought by the sector rotation are better. On the other hand, the geopolitical risk weakens the expectation of overseas interest rate hikes and superimposes the previous oversold accumulation, which provides support for the rebound. On the semiconductor sector, which led the rise on the 23rd, the fund company believes that after a period of bottom consolidation, some market participants believe that the space for the track to continue to explore is limited, the valuation of leading enterprises is reasonable, and there is a subjective willingness to participate in the short-term.
financial Associated Press: after a month, the turnover of Shanghai and Shenzhen stock markets broke through trillion yuan again on the 23rd, and the northward capital also showed a net inflow trend on the 23rd, and the market sentiment has warmed up. Since the Spring Festival, the market trading style has indeed shown a low risk preference, and the popularity of undervalued assets remains high. The performance of funds in undervalued areas such as banking, real estate and coal was steady, which was better than that of last year’s popular tracks such as new energy, medicine and military industry. The above sectors are all located in the range of undervalued historical quantiles.
first finance and Economics: Guosheng Securities Research Report believes that the risk release of the early adjustment of the two indexes is relatively sufficient. In the short term, it has entered the horizontal trading shock stage, and it takes time to change space. Although the amount of energy is insufficient, it is one of the characteristics of the bottom of the market shock. Wait patiently for the reduction of market uncertainty, reshape long expectations, or usher in a wave of rebound. Central China Securities Co.Ltd(601375) pointed out that it is expected that the short-term slight consolidation of the Shanghai index is more likely. It is suggested that investors should wait and see in the short term and continue to pay attention to the investment opportunities of undervalued blue chips in the middle line.
Subscription of new shares: Huaqin technology and China Automobile Co., Ltd
subscription of new bonds: Huayou convertible bonds and tong22 convertible bonds
IPO: none
new bond listing: none
company news
Zhejiang Dun’An Artificial Environment Co.Ltd(002011) : Gree Electric Appliances Inc.Of Zhuhai(000651) received the decision not to prohibit the antitrust review of business concentration from the State Administration of market supervision
Vtron Group Co.Ltd(002308) : company has not joined the “Eastern digital Western Computing Alliance”
Shanghai Baolong Automotive Corporation(603197) : plans to acquire 55.74% equity of Longgan technology with RMB 173 million
Zoneco Group Co.Ltd(002069) : 15.46% of the shares of the controlling shareholder will be auctioned by the judiciary
East China Engineering Science And Technology Co.Ltd(002140) : signed the contract of 1.698 billion yuan methanol comprehensive utilization project
Sany Heavy Industry Co.Ltd(600031) : Sany leasing plans to apply for the issuance of ABS of no more than 20 billion yuan
Qianhe Condiment And Food Co.Ltd(603027) : it is proposed to raise an additional 500 million yuan to 800 million yuan for the intelligent manufacturing project of condiments
Leyard Optoelectronic Co.Ltd(300296) : signed a strategic cooperation agreement with Eternal Asia Supply Chain Management Ltd(002183)
Shanghai Bright Power Semiconductor Co.Ltd(688368) : the net profit in 2021 increased by 883.72% year-on-year, and it is proposed to pay 40 yuan for 10
Zhejiang Jinke Tom Culture Industry Co.Ltd(300459) : controlling shareholders and other shareholders plan to continue to reduce their shares by no more than 6% at the expiration of the reduction plan
China Resources Microelectronics Limited(688396) performance express: net profit in 2021 increased by 129.46% year-on-year
Advanced Micro-Fabrication Equipment Inc.China(688012) performance express: net profit in 2021 increased by 105.49% year-on-year
Wuxi Hongsheng Heat Exchanger Manufacturing Co.Ltd(603090) performance express: net profit in 2021 increased by 125.92% year-on-year
Beijing Bdstar Navigation Co.Ltd(002151) performance express: net profit in 2021 increased by 38.54% year-on-year
data list
Shanghai and Shenzhen Stock Markets: three major indexes opened higher, the semiconductor index rose by more than 5%, chip stocks raised the limit tide, and many stocks such as Konfoong Materials International Co.Ltd(300666) , Kingsemi Co.Ltd(688037) , Naura Technology Group Co.Ltd(002371) rose the limit. As of the close, the Shanghai index rose 0.93%, the Shenzhen Composite Index rose 1.90% and the gem index rose 2.82%. On the disk, semiconductor, electrical instrument, aviation and other sectors led the increase; Coal, oil, agriculture, forestry, animal husbandry and fishery led the decline.
Hong Kong stocks: Hong Kong stock Hang Seng Index closed up 0.6%, ending three consecutive falls, and Hang Seng technology index rose 1.39%. Education stocks and biotechnology sectors performed strongly, coal stocks and gold stocks fell, hoping that education rose by more than 5%, Yaoming biology rose by nearly 5%, and Yankuang energy and Zijin Mining Group Company Limited(601899) fell by more than 3%. Zhengrong real estate rose by more than 8%. The company has negotiated the equity transfer of the project with central state-owned enterprises, and is expected to dispose of 3-4 billion assets in the first half of the year.
Shanghai, Shenzhen and Hong Kong stock connect: on February 23, the North bought a net 1.422 billion yuan, including 926 million yuan for Shanghai Stock connect and 496 million yuan for Shenzhen Stock connect. Among the top ten traded stocks, Longi Green Energy Technology Co.Ltd(601012) , Byd Company Limited(002594) , Wuliangye Yibin Co.Ltd(000858) were among the top three, with net purchases of 392 million yuan, 345 million yuan and 228 million yuan respectively. The net sales of Zhejiang Yongtai Technology Co .Ltd(002326) , Ping An Insurance (Group) Company Of China Ltd(601318) , Kweichow Moutai Co.Ltd(600519) ranked among the top three, with net sales of 651 million yuan, 478 million yuan and 399 million yuan respectively.
dragon tiger list: on February 23, among the stocks on the list, the largest net capital inflow was Hoshine Silicon Industry Co.Ltd(603260) , with a net inflow of 513 million yuan on the third day. Data show that the stock closed within the daily limit, up 25.99% in the past three days. The net inflow of funds into the top seat of Shanghai Stock connect was 56.439 million yuan on the third day. A total of 22 stocks were involved in the institutional participation in the dragon and tiger list, of which 12 were net bought by the institution, Hoshine Silicon Industry Co.Ltd(603260) was the most bought, with a net purchase of 694 million yuan in three days. In addition, 10 shares were sold by institutions, and Sichuan Yahua Industrial Group Co.Ltd(002497) was sold the most, amounting to 235 million yuan.
margin trading : as of February 22, the balance of two financial transactions in Shanghai and Shenzhen was 172.5288 billion yuan, an increase of 2.1 billion yuan over the previous trading day. Among them, the financing balance was 1629.678 billion yuan, an increase of 2.86 billion yuan over the previous trading day; The balance of securities lending was 95.61 billion yuan, a decrease of 760 million yuan compared with the previous trading day.
Shibor : Shibor reported 2.0430% overnight, up 0.4 basis points; Seven days Shibor reported 2.1760%, down 1.5 basis points; Three month Shibor reported 2.3830%, down 0.2 basis points.
foreign exchange
On February 23, the central parity rate of RMB was reported at 6.3313, up 174 points, and the central parity rate of the previous trading day was reported at 6.3487 The onshore RMB closed at 6.3178 against the US dollar at 16:30 on February 23, up 178 points from the previous trading day.
property market observation
Qianjiang Evening News: the reporter learned that after the Spring Festival holiday, the mortgage interest rates of the first and second homes in Hangzhou have been lowered. At present, the interest rate of the first house of major banks is basically stable at 5.6% ~ 5.65%, the lowest rate of individual banks can be 5.5%, and the interest rate of the second house is generally about 5.85%. At the same time, the speed of bank lending has also been significantly accelerated, and the lending cycle of individual banks only takes 5 working days.
China Securities News: on February 23, Guangzhou Municipal Bureau of housing and urban rural development exclusively responded to the rumor of “relaxation of early price limit” by the reporter of China Securities News, pointing out that neither luxury nor ordinary houses have been relaxed.
international information
financial Associated Press: according to the Ministry of finance, recently, the ASEAN Secretariat, the custodian of the regional comprehensive economic partnership agreement (RCEP), issued a notice, and Malaysia has officially deposited a letter of approval with the Secretary General of ASEAN. According to the agreement, RCEP will enter into force for Malaysia on March 18, 2022.
China Central Television finance and Economics: around the trend of the situation in Russia and Ukraine, the trading price of natural gas has fluctuated recently. The price of Dutch TTF natural gas futures for delivery in March, the main European natural gas trading index, rose by more than 10% in the latest trading day. Former Russian President Dmitry Medvedev warned that after Germany suspended the review of “beixi-2”, the price of natural gas in Europe may more than double, and Europeans will soon need to pay 2000 euros per 1000 cubic meters of natural gas.
futures market
China Futures: China commodity futures closed with gains and losses. Palm oil rose nearly 5%, a new high since the end of June 2008. Coking coal and rapeseed meal rose more than 2%, coke and soybean meal rose more than 1%, and sugar and pigs rose slightly; Urea and SS fell by more than 2%, glass and Shanghai nickel fell by more than 1%, and rubber and thread fell slightly.
International Futures: WTI April crude oil futures closed up US $0.19, or 0.20%, to US $92.10/barrel. Brent April crude oil futures closed flat at $96.84 a barrel.
overseas index
US stock market: the three major US stock indexes opened high and closed low. The Dow fell 1.38%, the S & P 500 fell 1.84%, and the NASDAQ fell 2.57%, the lowest since May last year.
European stocks: Germany’s DAX 30 index fell 0.42% to 14631.36. The French CAC 40 index fell 0.10% to 6780.67. The FTSE 100 index rose 0.05% to 7498.18.
Asia Pacific Stock Market: South Korea Kospi index closed up 12.74 points, or 0.47%, at 2719.53 points on February 23.
