[daily market conditions]
Today, the Shanghai stock index rose 0.40% to close at 3681.08 points; The Shenzhen Component Index closed at 15212.49 points, up 0.67%; The gem index closed at 3496.96 points, up 0.87%. In terms of sectors, games, cultural media and engineering consulting services led gains, while medical services, jewelry and batteries led declines. In terms of capital flow, the power industry, power grid equipment and consumer electronics were the main net inflow.
[investment advice]
In terms of configuration, we think we can pay attention to the investment opportunities related to cold chain logistics.
The general office of the State Council recently issued the “14th five year plan” for the development of cold chain logistics, aiming to initially form a cold chain logistics network connecting the origin and land sales, covering urban and rural areas and connecting China International by 2025. And promote the professional development, large-scale operation and digital transformation of third-party cold chain logistics enterprises, and strive to cultivate leading enterprises with strong international competitiveness.
According to the data of “China’s top 100 cold chain logistics enterprises”, the market concentration of China’s cold chain logistics industry is low and the market is very scattered. In 2019, the market share of the top 100 enterprises was only 16.2%, and small and medium-sized enterprises still occupy a large position. With the policy requirements to strengthen the construction of Shenzhen Agricultural Products Group Co.Ltd(000061) logistics backbone network and cold chain logistics system, and the continuous investment and financing events of cold chain industry, the development of cold chain logistics will maintain a good momentum in the next few years.
