[morning review]
In early trading, the three major indexes rose collectively. As of the close, the Shanghai Composite Index rose 1.00% to 3702.88 points; The Shenzhen Component Index rose 1.10% to 15277.41 points; The gem index rose 0.96% to 3500.11. From the perspective of disk, games, cultural media, engineering consulting services, chemical fiber industry, power industry and other industries were active, with batteries, aerospace, non-metallic materials, jewelry, medical services and other sectors leading the decline. In terms of concept, the meta universe concept, cloud game, NFT concept, pumped storage, blind box economy and other sectors are strong, while the cultivation of diamond, CRO, carbon based materials, horse racing concept, blade battery and other concept sectors are weak. In terms of energy, as of the closing of the afternoon market, the two markets had a total turnover of 833.56 billion yuan.
[afternoon opportunity]
Recently, Hebei Province issued a public announcement on the detailed rules for the implementation of urban water supply price management in Hebei Province (Draft for comments), which is to further standardize the urban water supply price management, protect the legitimate rights and interests of both water supply and water users, promote the healthy development of urban water supply, save and protect water resources, and implement the national development and Reform Commission and the Ministry of housing and urban rural development Important measures of the measures for the administration of urban water supply prices (order [2021] No. 46).
On August 6, the national development and Reform Commission and the Ministry of housing and urban rural development revised and issued the measures for the administration of urban water supply prices and the measures for the supervision and examination of urban water supply pricing costs, which defined the pricing methods and cost accounting methods of urban water supply. The two measures will be officially implemented on October 1, 2021. China’s water price is far lower than the world average. The two measures provide an opportunity for water supply enterprises to raise water prices. The increase of water price has greatly enriched the profit level of the water plant and provided funds for the intelligent transformation of water pipe network.
The promotion and implementation of smart city construction, stepped water price policy, water-saving policy and other policies, as well as the national statutory water meter replacement cycle, will bring huge demand for smart water meters. It is recommended to pay attention to the investment opportunities of the smart water industry, especially the smart water meter industry.
