daily collection
interface news: the CPC Central Committee and the State Council issued opinions on deepening the battle of pollution prevention and control. The opinions pointed out that we should properly handle the relationship between pollution reduction and carbon reduction and energy security, industrial chain supply chain security, food security and people’s normal life, implement the national independent contribution goal to deal with climate change in 2030, and deeply carry out carbon peak action in the fields of energy, industry, urban and rural construction, transportation and steel, non-ferrous metals, building materials, petrochemical and chemical industries. On the premise of unified national planning, we will support qualified local governments, key industries and key enterprises to take the lead in reaching the peak. We will comprehensively establish a total carbon dioxide emission control system.
China Central Television finance and Economics: the reporter learned from the state grid that through the joint efforts of all parties, the power supply and demand situation in the operation area of the State Grid has returned to normal, and phased results have been achieved in ensuring power supply and people’s livelihood. The supply of power coal increased significantly. The inventory of power coal in the company’s business area rebounded to 99.32 million tons, and the available days of power coal rebounded to 20 days. The grid connected power generation capacity has been significantly improved. In the company’s business area, the capacity of coal-fired power units and coal-fired power blocked decreased, so as to realize the simultaneous and full generation, and the power generation capacity of coal-fired power units was greatly improved. The scale of orderly power consumption has been significantly reduced. The largest and orderly power consumption scale of the whole network has decreased significantly, and the power gap has narrowed significantly. As of November 6, except that some provinces and local periods have taken orderly power consumption measures for high energy consuming and high polluting enterprises, the orderly power consumption scale of the whole network is close to zero.
People.Cn Co.Ltd(603000) : after entering November, the average prices of various vegetables fell after a slight rise. The monitoring data of the Ministry of agriculture and rural areas on November 5 showed that the average price of 28 kinds of vegetables was 5.60 yuan per kilogram, down 1.6% from the 4th. The average prices of six vegetables fell compared with the previous month, including mushroom fell 15.0%, rape fell 5.5%, cucumber fell 4.3%, ginger fell 1.9%, lotus root fell 1.7%, zucchini fell 1.7%, spinach prices were flat, and the daily average wholesale prices of 28 vegetables had fallen slightly for eight consecutive days.
National Development and Reform Commission: with the continuous release of high-quality coal production capacity, the national daily coal production has continued to increase since November. According to the dispatching data, the daily coal output reached 11.885 million tons on November 4, a new high in recent years, an increase of 165000 tons over the previous peak. Since November, the national average daily coal output has reached 11.53 million tons, an increase of more than 800000 tons over the beginning of October; The average daily output of Shanxi was 3.49 million tons, an increase of 220000 tons over the beginning of October; The average daily output of Inner Mongolia was 3.35 million tons, an increase of 420000 tons compared with the beginning of October. According to the current growth trend of coal production, the daily output is expected to exceed 12 million tons in the near future.
macroeconomic
According to the data released by the General Administration of customs, China’s total import and export value in October was US $515.9 billion, a year-on-year increase of 24.3%, a month on month decrease of 5.3% and an increase of 34.5% over the same period in 2019. Among them, the export was USD 300.22 billion, a year-on-year increase of 27.1%, a month on month decrease of 1.8%, an increase of 41% over the same period in 2019; Imports amounted to USD 215.68 billion, a year-on-year increase of 20.6%, a month on month decrease of 9.7%, an increase of 26.4% over the same period in 2019; The trade surplus was US $84.54 billion, a year-on-year increase of 47.5%.
the country is a through train: on November 6, the fourth industrial revolution and smart Travel Forum was held in Shanghai. Liu Bin, deputy director of Shanghai Municipal Transportation Commission, said that 253 test roads have been opened in Shanghai, with a total mileage of 567.23 km. He revealed that the new open test roads in 2021 will be officially announced at the first intelligent transportation Shanghai Forum on November 7, Shanghai will open more than 600 test roads, about 1300 kilometers. Road mileage and scene richness will rank first in China.
Zhongxin Jingwei: recently, the Ministry of industry and information technology, the people’s Bank of China, the China Banking and Insurance Regulatory Commission and the China Securities Regulatory Commission jointly issued the guiding opinions on strengthening industrial integration to promote industrial green development. The guidance states that the establishment of commercial sustainable industrial and financial cooperation promotes the path of industrial green development, promotes the construction of an industrial system in which industrial green low-carbon transformation and industrial enabling green development promote each other and deeply integrate, and promotes the green development of economy and society.
first finance and Economics: the Ministry of Finance and other three ministries and commissions announced the list of the first batch of duty-free imported goods under the import tax policy supporting scientific and technological innovation during the 14th Five Year Plan period. The duty-free list continues the management mode of duty-free imported goods list supporting the import tax policy of scientific and technological innovation in the 13th five year plan, and maintains the continuity, stability and sustainability of the policy. At the same time, the tax-free list has adjusted and improved the tax-free list of the 13th five year plan, comprehensively considering China’s actual production and import demand, so as to better adapt to the new needs of scientific and technological innovation and support interdisciplinary development.
industry dynamics
first finance: according to the State Administration of market supervision, Tesla Motors (Beijing) Co., Ltd. recently filed a recall plan with the State Administration of market supervision in accordance with the requirements of the regulations on the administration of recall of defective automotive products and the measures for the implementation of the regulations on the administration of recall of defective automotive products. From now on, 91 imported model 3 vehicles with a production date of February 2, 2019 to October 20, 2019 will be recalled.
China Central Television finance and Economics: recently, many condiment enterprises raised the ex factory price of their products, Foshan Haitian Flavouring And Food Company Ltd(603288) announced that due to the continuous rise in the costs of main raw materials, transportation and energy, the ex factory price of some products such as soy sauce, oyster sauce and sauce was adjusted by 3% – 7%. Subsequently, Jiangsu Hengshun Vinegar-Industry Co.Ltd(600305) , Jiajia Food Group Co.Ltd(002650) and other condiment enterprises followed suit.
first finance and Economics: Beijing has issued several measures to promote the high-quality development of digital trade. By 2025, the import and export scale of digital trade in Beijing will reach 150 billion US dollars, accounting for 25% of the city’s total import and export, of which digital service trade accounts for 75% of the city’s service trade; Cultivate a number of leading digital trade enterprises with global digital technology influence, digital resource allocation power and digital rule voice; Basically build a digital trade development system connected with international high-standard economic and trade rules, and build a digital trade demonstration area with China’s demonstration role and global radiation effect.
China Securities Journal: “there are so many people coming to see the car at the weekend. It’s as lively as the vegetable market. You have to queue up for the test drive.” Mr. Liu, who had just come out of a Byd Company Limited(002594) 4s store in Beijing for a test drive, told reporters. Byd Company Limited(002594) terminal store sales are an epitome of the new energy vehicle market. In 2021, the Shanxi Guoxin Energy Corporation Limited(600617) automobile industry showed explosive growth. From January to September, the production and sales of new energy vehicles reached 2166000 and 2157000 respectively, with a year-on-year increase of 1.8 times and 1.9 times respectively. The penetration rate of new energy vehicles has increased from 5.4% at the beginning of the year to 11.6% at the end of September. Experts said that with the gradual transformation of traditional automobile enterprises and the introduction of more new energy vehicle products, the penetration rate of new energy vehicles will continue to increase and the industry competition will further intensify.
stock market focus
first finance and Economics: Galaxy Securities Research Report believes that China’s white power demand is relatively stable. Due to the high base, the growth rate of exports slows down, but the rising pressure of raw material prices slows down. White power enterprises have gradually digested the cost pressure, and the subsequent profitability is expected to be gradually improved. Due to the high industry concentration and the trend of further improvement, the performance of leading enterprises is highly accurate. From the perspective of valuation, the white power sector has made more adjustments this year, the valuation has been at a low level and the configuration value is high. It is recommended that Gree Electric Appliances Inc.Of Zhuhai(000651) , Midea Group Co.Ltd(000333) , Haier Smart Home Co.Ltd(600690) .
Securities Times: Haitong strategy says that investors are very concerned about and look forward to the new year’s market near the end of the year. Historically, the new year’s market is a relatively broad concept, and its start is early and late. There are cross year market every year, but the start-up time is quite different. The reason for the cross year market of A-Shares is that there are few fundamental data of A-Shares at the end of the year and the beginning of the year, the capital interest rate usually drops at the beginning of the year, and the risk preference of investors at the beginning of the year is high. From the Perspective of policy cycle, this period is often the time window for major meetings. From September to October this year, the overall market was weak and the broad-based index was in a narrow range. Based on historical experience, the cross-year market this year is expected to start earlier.
Shanghai Securities News: recently, Wens Foodstuff Group Co.Ltd(300498) , Muyuan Foods Co.Ltd(002714) and other stocks rose rapidly, making the pig breeding sector, which had fallen into adjustment, re-enter the vision of investors. According to choice data, as of November 4, the pig breeding sector has increased by more than 16% since September. In this process, many head private placement companies such as Gaoyi assets and Danshui spring frequently investigated relevant companies, and Feng Liu, a well-known fund manager, increased his position Wens Foodstuff Group Co.Ltd(300498) in the third quarter. Many industry insiders said that the recent rise in pig breeding sector is mainly due to the stabilizing upward trend in pork prices, but from the perspective of supply and demand, the sustainability of the market remains to be seen.
Securities Times: the official website of MSCI announced that the evaluation results of MSCI semi annual index will be announced after 23:00 on November 11 central European time (after 6:00 on November 12 Beijing time). This review involves MSCI China A-share onshore index and MSCI China all stock index.
subscription of new shares: Yachuang electronics, Anxi biology, Xindian software, shengmei Shanghai
subscription of new bonds: Shanbo convertible bonds and Wantian convertible bonds
IPO: none
new bond listing: none
company news
Sunway Co.Ltd(603333) : it is proposed to invest 700 million yuan in the construction of special cable industrial park project
Chongqing Changan Automobile Company Limited(000625) : subsidiaries introduce Contemporary Amperex Technology Co.Limited(300750) to participate in capital and share increase
Zijin Mining Group Company Limited(601899) : investment in Tianfeng futures was approved by the CSRC
Dalian Bio-Chem Company Limited(603360) : terminate the acquisition of 100% equity of Dalian huiyuxin
Sichuan Languang Development Co.Ltd(600466) : the total amount of principal and interest of debt due and unpaid is 24.171 billion yuan
Guangzhou Tinci Materials Technology Co.Ltd(002709) : liquid lithium hexafluorophosphate unit has entered trial production
Shenzhen Sunxing Light Alloys Materials Co.Ltd(603978) : the wholly-owned subsidiary plans to invest 700 million yuan in the construction of lithium hexafluorophosphate project
Anhui Jianghuai Automobile Group Corp.Ltd(600418) : in October, the sales volume of pure electric passenger vehicles increased by 94.38% year-on-year
Shanghai Shimao Co.Ltd(600823) : the sales contract amount from January to October was about 25.6 billion yuan, with a year-on-year increase of 27%
Gemdale Corporation(600383) : from January to October, the contract amount was 245.22 billion yuan, an increase of 29% year-on-year
Hengli Petrochemical Co.Ltd(600346) : intends to repurchase shares with RMB 500 million-1 billion
Yonghui Superstores Co.Ltd(601933) : the chairman completed the planned expenditure of 150 million yuan for the second share increase of the year
Frontier Biotechnologies Inc(688221) : shareholders plan to reduce their holdings of no more than 5.51% of the company’s shares
Shanghai Jiaoda Onlly Co.Ltd(600530) : CICC group and persons acting in concert intend to transfer 15.97% shares of the company
data list
Shanghai and Shenzhen Stock Markets: the three major indexes continued to weaken in the afternoon, the decline of the Shanghai index expanded to 1%, and the CSI 1000 index fell 1.26%. Chemical, coal, steel and other cyclical sectors fell collectively, while yesterday’s strong green power, photovoltaic, wind power and other new energy sectors retreated one after another. The theme hype was active, and the yuan universe plate was strong all day, Avit.Ltd(300264) , Shenzhen Esun Display Co.Ltd(002751) recorded three boards; Beijing stock exchange, Hongmeng, domestic software, net red concept stocks, etc. rose in turn. Overall, individual stocks fell more or rose less, nearly 2600 shares floated green, and the turnover of Shanghai and Shenzhen stock markets exceeded trillion for the 11th consecutive trading day.
Hong Kong stocks: Hong Kong Hang Seng Index fell 1.41% to 25000 points, and Hang Seng technology index fell 1.55%. Real estate stocks fell collectively, with China Olympic Park down more than 13% and rongchuang China down more than 6%. Internet technology stocks generally fell, BiliBili fell more than 5%, Alibaba and meituan fell more than 3%.
Shanghai Shenzhen Hong Kong stock connect: on November 5, northbound funds sold a net 599 million yuan, ending net purchases for six consecutive days. Among them, the Shanghai Stock connect net sold 1.994 billion yuan and the Shenzhen Stock connect net bought 1.395 billion yuan. Among the top ten traded stocks, East Money Information Co.Ltd(300059) , Ganfeng Lithium Co.Ltd(002460) , Zhejiang Huayou Cobalt Co.Ltd(603799) net purchases ranked among the top three, with net purchases of 518 million yuan, 513 million yuan and 335 million yuan respectively. The first three stocks sold were Longi Green Energy Technology Co.Ltd(601012) , Jiangsu Zhongtian Technology Co.Ltd(600522) , Byd Company Limited(002594) , with net sales of 545 million yuan, 354 million yuan and 161 million yuan respectively.
dragon tiger list: on November 5, among the stocks on the list, the largest net capital inflow was Jiangsu Zhongtian Technology Co.Ltd(600522) , with a net inflow of 1.31 billion yuan in the three days. Data show that the stock rose 3.27% during the day and 24.12% in the past three days. Specifically, the Shanghai Stock connect bought 306 million yuan in three days. A total of 34 stocks were involved in the institutional participation in the dragon and tiger list, of which 19 were net bought by the institution, Jiangsu Zhongtian Technology Co.Ltd(600522) was the most bought, with a net purchase of RMB 1.028 billion in three days. In addition, 15 shares were net sold by institutions, Inmyshow Digital Technology (Group) Co.Ltd(600556) was the most sold, with a net sales of 241 million yuan in the three days.
margin trading : as of November 4, the balance of two financial transactions in Shanghai and Shenzhen was 1842.929 billion yuan, an increase of 3.385 billion yuan over the previous trading day. Among them, the financing balance was 1697.224 billion yuan, an increase of 4.433 billion yuan over the previous trading day; The balance of securities lending was 145.705 billion yuan, a decrease of 1.048 billion yuan compared with the previous trading day.
Shibor : Shibor reported 1.8870% overnight, up 0.1 basis points; Seven days Shibor reported 2.1290%, down 0.3 basis points; Three month Shibor reported 2.4510%, down 0 basis point.
foreign exchange
On November 5, the central parity rate of RMB against the US dollar was lowered by 37 basis points to 6.3980, compared with 6.3943 in the previous trading day. The onshore RMB closed at 6.4013 against the US dollar at 16:30 on November 5, down 57 points from the previous trading day.
property market observation
Shanghai Securities News: recently, the reporter learned from banks, real estate agents and loan agents in many cities that the rate of housing loan lending has increased in some areas, but the amount is still tight in most areas. Recently, regulators have frequently released signals of improvement in the real estate credit environment. In the last month, real estate credit data have improved. In addition, interest rates have also loosened, and mortgage interest rates fell month on month for the first time in October. According to the report of the shell Research Institute, in October, the average interest rates of the first and second home loans in 90 cities were 5.73% and 5.99% respectively, down 1 basis point month on month.
Securities Times: Shenzhen real estate China Association analyzed the pre recorded online signing contract data on the real estate information platform of Shenzhen housing and Urban Rural Development Bureau. In the 44th week (10.25-10.31), the online signing volume of second-hand houses (including self-service) in the city was 556, up 19.6% month on month, and the online signing volume continued to rise after the festival.
China Securities News: recently, the general office of the Ministry of housing and urban rural development issued the notice on carrying out the first batch of urban renewal pilot work. The notice points out that in order to actively and steadily implement the urban renewal action, it is decided to carry out the first batch of urban renewal pilot work in 21 cities (districts) such as Beijing. The first batch of pilot projects will start in November 2021 and last for two years. The pilot areas will focus on exploring the overall planning mechanism for urban renewal, exploring the sustainable model of urban renewal and exploring the establishment of supporting systems and policies for urban renewal.
international information
Beijing Business Daily: on November 5 US Eastern time, pharmaceutical giant Pfizer announced that the interim analysis of the phase 2 / 3 study of its research new covid-19 oral antiviral candidate paxlovid showed that when paxlovid was used together with low-dose ritonavir, compared with placebo, the risk of hospitalization or death of non hospitalized high-risk adults with covid-19 was reduced by 89%.
Securities Times: the U.S. House of Representatives passed the infrastructure investment and Employment Act, a bipartisan infrastructure bill of $1.2 trillion (equivalent to 7.7 trillion yuan) by 228 votes to 206 local time on the evening of the 5th. The bill will then be signed into law by President Biden. The bipartisan bill is the first phase of President Biden’s infrastructure plan. The 2700 page bill requires the United States to increase a large amount of investment in infrastructure construction, including $110 billion for roads and bridges, $39 billion for public transportation, $66 billion for railways, $55 billion for sewage treatment facilities, and billions of dollars for the construction of airports, ports, broadband Internet and electric vehicle charging stations.
financial Associated Press: on Friday local time, the green markets North American fertilizer price index continued to reach an all-time high and continued to sound the alarm of grain price inflation at the end of the year. The price index, which began in 2002, rose 3% to US $1048 / short ton on Friday, and has more than tripled in the past year and a half. The reason for the recent rise in the price of chemical fertilizer is the previous European natural gas crisis. Many large nitrogen fertilizer plants on the European continent have closed down because they can’t afford high production costs, resulting in a global supply shortage.
futures market
International Futures: most of China’s commodity futures closed down, with Shanghai aluminum down more than 6%, soda ash down more than 5%, ferrosilicon and manganese silicon down more than 4%, asphalt, iron ore, Shanghai zinc and soybean 2 down more than 3%, soybean oil, soybean meal, palm, hot roll and rapeseed meal down more than 2%, eggs, rubber and Zheng you down more than 1%. Plastics, bean one and Shanghai silver rose by more than 2%, while pigs, Shanghai gold, pulp and sugar rose by more than 1%.
International Futures: on Friday Eastern time, international oil prices rose. As of the close, December crude oil futures in New York closed up $2.46, or 3.12%, to $81.27/barrel; Brent January crude oil futures closed up $2.20, or 2.73%, at $82.74/barrel. The international gold price rose. As of the closing, the December gold futures price, the most active trading in the gold futures market of the New York Mercantile Exchange, rose $23.3 to close at $1816.8 per ounce, or 1.3%, and rose about 1.8% this week.
overseas index
U.S. stock market: on Friday, Eastern time, the three major U.S. stock indexes reached a record closing high, the NASDAQ and the S & P 500 index reached a new high for seven consecutive days, and the NASDAQ once broke through the integer mark of 16000 points. As of the close, the Dow rose 203.72 points to 36327.95 points, or 0.56%; The NASDAQ rose 31.28 points, or 0.20%, to 15971.59; The S & P 500 index rose 17.47 points, or 0.37%, to 4697.53. In terms of trading, due to the winter season, the trading period of US stocks will be postponed for one hour from next Monday, and the continuous trading time will be adjusted to 22:30-05:00 (Beijing time).
European stock market: on Friday European time, the three major European stock indexes rose collectively. As of the close, the UK FTSE 100 index closed at 7303.96, up 24.05 points or 0.33% from the previous trading day; Germany DAX30 index closed at 16054.36, up 24.71 points or 0.15% from the previous trading day; France CAC40 index closed at 7040.79, up 53.00 points or 0.76% from the previous trading day.
Asia Pacific Stock Market: on November 5, the Nikkei 225 index closed down 189.87 points, or 0.64%, at 29604.50. South Korea’s Kospi index closed down 16.13 points, or 0.54%, at 2967.09.
