Double financing balance
As of December 9, the balance of two financial institutions of Shanghai Stock Exchange reported 987.281 billion yuan, an increase of 1.256 billion yuan over the previous trading day; The two financial balances of Shenzhen Stock Exchange reported 855.048 billion yuan, a decrease of 523 million yuan compared with the previous trading day; The two cities totaled 1842.329 billion yuan, an increase of 732 million yuan over the previous trading day.
Latest views
On Thursday, A-shares rose collectively. As of the close, the Shanghai stock index rose 0.98%, the Shenzhen Component Index rose 1.23%, the gem index rose 1.01%, the Shanghai and Shenzhen 300 rose 1.66%, the Shanghai Stock Exchange 50 rose 1.68%, and the China Stock Exchange 500 rose 0.24%. The number of gainers in the two cities was 2654, higher than the average value of 2285 last week and lower than 3230 in the previous trading day. The daily limit was 78, lower than the average value of 93 last week and 89 the previous trading day. Northbound funds were net purchases of 21.656 billion yuan, with an average value of 3.023 billion yuan last week and a net purchase of 9.685 billion yuan the previous trading day. The turnover of the two cities was 1264.6 billion yuan, breaking trillion yuan for the 35th consecutive trading day. Northbound funds have continuously made large net inflows, undervalued blue chips have excellent performance, and there is a trend of plate diffusion. From the meeting of the Political Bureau of the CPC Central Committee, the boost to consumption next year has been put forward, and the performance of food and beverage has been eye-catching one after another. In addition, the first bank and the two sessions stressed that to meet the reasonable housing demand and promote the virtuous circle of the industry, we believe that the process of real estate from debt reduction to stable leverage has been demonstrated by banks and real estate, so it has also driven securities companies. At present, the start of low-level blue chip has a high degree of capital recognition. Although there may be shocks after a short-term continuous rise, the market is still promising.
Topic tracking
Today’s attention: medical beauty, MiniLED, Baijiu theme
1. Medical beauty theme: on November 2, the State Administration of Market Supervision issued the law enforcement guide for medical beauty advertising, which will focus on combating the creation of nine medical beauty advertising chaos such as “appearance anxiety”. Further standardize and strengthen the supervision of medical beauty advertising, effectively maintain the market order of medical beauty advertising and protect the legitimate rights and interests of consumers. The compliance of the medical beauty industry will promote the long-term benign development of the industry, highlight the scarcity of high-quality medical beauty standards, further improve the concentration of medical beauty institutions, and accelerate the market space for compliant medical beauty products to replace non compliant products and achieve faster growth. In terms of demand, Chinese medical and American consumers are mainly first-line and second-line young women, with strong consumption ability and high user stickiness. Under the catalysis of compliance products, the industry dividend is expected to accelerate the release. Suggestions: Lancy Co.Ltd(002612) (002612), Aoyuan Beauty Valley Technology Co.Ltd(000615) (000615)
2. Miniled theme: after Apple MacBook Pro is equipped with miniled backlight technology, it is reported that Apple will introduce MacBook Air, iPad and other products into miniled backlight screen in 2022, which will promote the rapid expansion of miniled market penetration and help improve the performance of Taiwan’s supply chain. In addition, with the expansion of apple, Samsung and ASUS brands in the miniled market, the ten grade miniled related supply chain of Taichang is expected to benefit. At present, the panel industry is in a high climate. Panel prices have continued to rise since June 2020. Miniled technology innovation has driven the demand for panel replacement. It is suggested to pay attention to: Shenzhen Baoming Technology Co.Ltd(002992) (002992), Guangdong Kingshine Electronic Technology Co.Ltd(300903) (300903)
3, Baijiu theme: according to the three quarterly report, revenue from the 16 wine companies 21 years of Q1-Q3 revenue than the 19 year Q1-Q3 to achieve positive growth; In terms of profits, the net profits of 13 liquor enterprises in q1-q3 in 21 years have achieved positive growth compared with q1-q3 in 19 years. Baijiu industry is expected to continue to maintain a structural boom trend. Meanwhile, Baijiu Baijiu is the traditional selling season of Baijiu, the overall performance of high-end liquor is strong, and demand continues to boom. The liquor industry revenue is expected to increase. Suggestions: Laobaigan (600559), Anhui Yingjia Distillery Co.Ltd(603198) (603198).
Risk statement
The epidemic has not been effectively controlled, the macro economy has unexpectedly declined, the liquidity crunch has intensified, and the industrial policies are lower than expected.
