Deliver the A-share market information at the first time, observe the market trend, grasp the rise and fall logic and tap investment opportunities.
US $110 on oil distribution station Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) five link board the prosperity of oil service is expected to recover
In Wednesday’s session, the oil and gas sector continued to strengthen. As of press time, Tong Petrotech Corp(300164) 20% limit, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) recorded five connected boards, Renzhi stock limit, Zhongman Petroleum And Natural Gas Group Corp.Ltd(603619) , Sino Prima Gas Technology Co.Ltd(300483) , Xinjiang Beiken Energy Engineering Co.Ltd(002828) and so on all rose sharply. On the news side, oil prices continued to rise, with Brent crude oil standing at $110 / barrel, a new high since 2014.
CITIC futures pointed out that the short-term oil price remained high and volatile, and the trend was dominated by geopolitical factors, which did not rule out sharp rises and falls. In the medium term, at present, the second quarter is the judgment of accumulating reserves, and the price focus moves downward. However, considering the low supply elasticity, it is expected that there is limited room for a sharp decline in prices.
Guohai Liangshi futures believes that the medium-term logic of oil price is that supply is relatively given and recovers slowly and linearly. Under the condition of small supply elasticity, demand rebounds with the economic rebound, driving the rise of oil price. The trend of periodic oil prices is still concerned about the Western sanctions against Russia. Due to Russia’s important role in the international energy supply side, geopolitical tensions in Russia have been related to many times in history, and the action of Western sanctions on Russian energy exports is rarely touched. At present, the west, especially Europe, is still in the energy crisis, and the inflation in Europe and the United States is also high. This sanction may still exempt energy commodities, Judging from the current statements and actual actions of western countries, there is indeed no major action on energy commodities such as crude oil.
Central China Securities Co.Ltd(601375) pointed out that high oil prices are conducive to oil companies to increase capital expenditure and investment. Recently, the number of active drilling wells in the United States has continued to pick up, and the oil and gas equipment and oil service industry is expected to see a pick-up in prosperity.
“the 14th five year plan for healthy aging” was released, and pension concept stocks rose Everjoy Health Group Co.Ltd(002162) and other daily limits
The pension concept had a strong intraday trend on the 2nd. As of press time, Shanghai Yanhua Smartech Group Co.Ltd(002178) , Shandong Hiking International Co.Ltd(600735) , Everjoy Health Group Co.Ltd(002162) and other limit increases, Hengfeng Information Technology Co.Ltd(300605) , Tianjin Guangyu Development Co.Ltd(000537) , Yihua Healthcare Co.Ltd(000150) and other increases were ahead.
In terms of news, 15 departments including the National Health Commission recently issued the 14th five year plan for healthy aging, proposing that by 2025, the allocation of elderly health service resources will be more reasonable, a comprehensive and continuous elderly health service system covering urban and rural areas will be basically established, the elderly health security system will be more sound, and the social environment for the healthy life of the elderly will be more friendly, The health needs of the elderly have been better met, the health level of the elderly has been continuously improved, and the healthy life expectancy has been continuously extended.
The plan proposes to promote local governments to actively carry out integrated services for elderly health and medical care. Take the disabled, the elderly, the disabled, family planning special families and other elderly people as the key groups of family doctors signing services, expand the connotation of signing services and improve the quality of services. By 2025, the standardized health management service rate of urban and rural communities for the elderly aged 65 and above will reach more than 65%, and the health management rate of traditional Chinese medicine for the elderly aged 65 and above will reach more than 75%.
Some institutions said that considering that there is still a large supply gap in China’s rehabilitation medical field, the continuous implementation of relevant policies is expected to accelerate the release of the huge rehabilitation demand brought by the aging population. Relevant enterprises in the field of rehabilitation medicine may usher in greater development opportunities.
agricultural sector was active again, and seed stocks performed well Wanxiang Doneed Co.Ltd(600371) daily limit, Hainan Shennong Technology Co.Ltd(300189) etc. rose sharply
The agricultural sector was active again on the 2nd, and the seed industry stocks performed well. As of press time, Hainan Shennong Technology Co.Ltd(300189) rose by more than 12%, Wanxiang Doneed Co.Ltd(600371) limit, Winall Hi-Tech Seed Co.Ltd(300087) , Xinjiang Talimu Agriculture Development Co.Ltd(600359) , Gansu Dunhuang Seed Group Co.Ltd(600354) , Shandong Denghai Seeds Co.Ltd(002041) and other gains were ahead; In addition, the price limit of Yuehai feed, a new share, Shenzhen Kingsino Technology Co.Ltd(002548) , Jiangsu Provincial Agricultural Reclamation And Development Co.Ltd(601952) , Cnfc Overseas Fisheries Co.Ltd(000798) and other outstanding performances.
Some analysts pointed out that the national two sessions will be held in 2022. Agriculture, as a basic industry for China’s development, usually makes strategic deployment for key agricultural issues in the two sessions. It is expected that the issue of “agriculture, rural areas and farmers” will remain one of the important topics in the two sessions in 2022.
Dongguan Securities believes that, The issue of “agriculture, rural areas and farmers” has always been the top priority of national work. In recent years, the two sessions have paid attention to “agriculture, rural areas and farmers” “A series of instructions have been issued on the issue. 2021, as the first year of the 14th five year plan, is an important historical node for China to embark on a new journey of building a modern socialist country in an all-round way. At the two sessions in 2021, the state stressed the need to accurately grasp the deployment and arrangement of the two sessions on the work of agriculture, rural areas and farmers, and resolutely complete a series of goals and tasks set out in the government work report to ensure safety and keep the bottom line. At the same time , it is necessary to formulate the “14th five year plan” for promoting agricultural and rural modernization and relevant supporting plans, pay close attention to agricultural production in spring, and solidly promote the inspection and rectification of the central government. Combined with the actual situation of China’s agriculture, it is expected that the “three rural issues” will remain one of the important topics in the two sessions in 2022, stabilize the basic agricultural situation, and stick to the principle of preventing large-scale poverty return The implementation of cultivated land protection and other work is expected to be further implemented in the two sessions.
The agency said that agriculture, as a basic industry for China’s development, the two sessions over the years will carry out strategic deployment on key issues of agriculture. It is expected that the “three rural issues” will be the focus of the “two sessions” in 2022. At the same time, the two sessions are expected to actively discuss and provide certain strategic deployment according to the situation of China’s seed industry and breeding sector. It is suggested to focus on leading enterprises such as seed industry and breeding.
The Pacific Securities Co.Ltd(601099) Securities believes that the seed industry policy is in the process of strengthening. Document No. 1 focuses on “comprehensively implementing the action plan for the revitalization of the seed industry and carrying out the pilot of subsidy after major variety R & D and promotion”. It is expected that the subsidy for genetically modified R & D of corn and soybean seed industry will take the lead. The promotion and listing of genetically modified products will open up the long-term space of the seed industry market and promote the long-term optimization of the pattern. Leading enterprises with first mover advantage are expected to benefit from it and gain more market share. Maintain the long-term “optimistic” rating of the industry, and focus on the investment opportunities of corn seed industry with high prosperity. In terms of individual stocks, focus on Shandong Denghai Seeds Co.Ltd(002041) , Yuan Longping High-Tech Agriculture Co.Ltd(000998) , Beijing Dabeinong Technology Group Co.Ltd(002385) .
coal stocks rose sharply against the trend, and the sector ushered in a better allocation time point
On March 2, the concept stocks of Hong Kong coal stocks rose, and the A-share coal stocks also led the rise. As of press time, Yunnan Coal & Energy Co.Ltd(600792) limit, Yankuang energy, Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) , Beijing Haohua Energy Resource Co.Ltd(601101) , Shanxi Lu’An Environmental Energydev.Co.Ltd(601699) and other stocks rose one after another.
In terms of news, on February 28, the national development and Reform Commission held a teleconference to make comprehensive arrangements for further improving the coal market price formation mechanism. The meeting called for a deep understanding and accurate grasp of the overall ideas and key measures to further improve the coal market price formation mechanism, and earnestly implement various policy requirements to ensure that coal prices operate within a reasonable range. We should adjust the supply and demand of the coal market, ensure reasonable and sufficient production capacity, strengthen the construction of the reserve system, improve the medium and long-term contract system, and strive to strengthen the supervision of performance; We should strengthen the expected management of the coal market, improve the production and circulation cost investigation system and market price monitoring system, standardize the behavior of price index, and timely take various means and measures such as reminding, interview, investigation and price intervention to guide the reasonable return of prices; We should strengthen the supervision of coal and electricity markets, strengthen the linkage supervision of futures and spot markets, antitrust supervision and price supervision and inspection, and investigate and deal with price violations in a timely manner.
As for the future trend of coal price, Citic Securities Company Limited(600030) development research report pointed out that at present, the fundamentals are stronger than expected, the low inventory state of power coal remains unchanged, and the coal price is easy to rise under the catalysis of expectation. In the medium and long term, although the delay of carbon peak time in the iron and steel industry has directly improved the demand expectation of “double coke”, the power consumption increment of black smelting sector is also the largest industry category in the industrial power consumption increment, so the demand for power coal has also increased. In addition, the continued rise in energy prices such as international oil prices also contributes to the expected increase in China’s coal prices. These factors are expected to become a catalyst for the short-term sector rebound.
Minsheng Securities said that the high profits of coal industry enterprises in 2022 are expected to be sustainable. It is estimated that the fluctuation range of port price in 2022 is weaker than that in 2021, and the profit center of listed companies is expected to rise. With the rise of profit center and the enhancement of profit stability, the industry valuation is also expected to rise.
Zhongtai Securities Co.Ltd(600918) believes that the current coal stocks usher in a better investment time. Coal has long been an undervalued and high dividend blue chip. After experiencing the sharp rise and fall of coal prices in 2021, the fluctuation of coal prices will be greatly reduced under policy regulation this year, and the fluctuation range is relatively clear. The profitability of coal enterprises is generally better and more stable. After the sharp correction in the early stage, the valuation is generally lower. We still emphasize the value of the stock capacity of the coal industry, which must be paid attention to. Companies with high proportion of long-term cooperative have higher certainty of performance growth, and companies with high proportion of market coal can be preferred with high risk preference.
under the catalysis of policy, has the traditional Chinese medicine sector pulled up again? Has the upward inflection point of the industry come
On March 2, the Chinese medicine sector rose in intraday changes. As of press time, Jilin Zixin Pharmaceutical Industrial Co.Ltd(002118) limit, Jiangsu Kanion Pharmaceutical Co.Ltd(600557) , Gansu Longshenrongfa Pharmaceutical Industry Co.Ltd(300534) , China Resources Sanjiu Medical & Pharmaceutical Co.Ltd(000999) , Chongqing Pharscin Pharmaceutical Co.Ltd(002907) and other stocks followed suit. In terms of news, according to the guide for the development of forest and grass traditional Chinese medicine industry recently issued by the State Forestry and grassland administration, the state will build forest and grass traditional Chinese medicine production areas in the great and small Xing’an Mountains, Changbai Mountain Tourism Co.Ltd(603099) , the three north wind prevention and sand fixation area, the soil and water conservation area of the Loess Plateau, the Huang Huai Hai area, the middle and lower reaches of the Yangtze River, Yunnan Guizhou Sichuan area, Lingnan area, Qinghai Tibet Plateau and other areas.
According to the relevant person in charge of the State Forestry and grass administration, with the increasing demand for healthy life, there is an increasing demand for high-quality traditional Chinese medicine. Giving full play to the advantages of forest and grass resources and producing traditional Chinese medicine through ecological cultivation methods such as ecological planting, wild tending and imitation wild cultivation can provide safe, efficient, green and organic high-quality traditional Chinese medicine and meet the social demand for high-quality traditional Chinese medicine.
Guorong Securities pointed out that the biggest positive factor for the traditional Chinese medicine industry in 2022 is policy support. At the same time, we can expect the steady performance of some OTC leading enterprises. First of all, on the demand side, the rigid demand characteristics of the pharmaceutical industry and the upgrading of pharmaceutical consumption jointly support the steady growth of the demand of the traditional Chinese medicine industry. On the policy side, a series of favorable policies have been formed to promote the innovation of traditional Chinese medicine, the development of formula particles, the support of medical insurance and payment policies, and the continuous addition of traditional Chinese medicine decoction pieces can not exceed 25%, bringing policy dividends and new demand to the traditional Chinese Medicine industry. The unique advantage of “preventing disease” brings development opportunities to the traditional Chinese medicine industry. On the performance side, the traditional Chinese medicine industry walked out of the low point and showed a marginal improvement trend.
On the valuation side, the traditional Chinese medicine industry still has certain valuation advantages after valuation repair, which is lower than the overall valuation level of biomedicine. “Policy + pharmaceutical consumption upgrading + performance improvement + valuation advantages” jointly build investment opportunities in the traditional Chinese medicine industry. Therefore, we can pay appropriate attention to the areas of policy encouragement and policy haven, such as leading enterprises of innovative traditional Chinese medicine and resource-based traditional Chinese medicine enterprises with more preparations in the hospital.
Everbright Securities Company Limited(601788) pointed out that traditional Chinese medicine is a national treasure and an important resource. During the 13th Five Year Plan period, the development of traditional Chinese medicine has become a national strategy. The law on traditional Chinese medicine and opinions and policy measures to promote inheritance, innovation and development have been successively issued, and heavy medical insurance support policies have been launched at the end of 2021. The state has made coherent top-level design and planning for the whole upstream and downstream industrial chain, Various policies have been steadily promoted, and the cause of traditional Chinese medicine has developed vigorously. In the long run, under the development background of the change of disease spectrum, national top-level policy support and internationalization, the growth space of traditional Chinese medicine industry is huge.
The agency believes that in 2022, with the support of policies and medical insurance, the traditional Chinese medicine industry is expected to usher in an upward turning point, the inheritance and development of traditional Chinese medicine enterprises, the traditional Chinese medicine formula granule industry embraces market expansion and standard and quality improvement, the innovative traditional Chinese medicine is accelerated to be approved into medical insurance, and the traditional Chinese medicine goes to sea at the right time, waiting for performance fulfillment and value revaluation.
property market deregulation signal reappears, real estate sector rises Shanghai Jinqiao Export Processing Zone Development Co.Ltd(600639) and other daily limits
The real estate sector, boosted by the new deal of the real estate market introduced by Zhengzhou in Zhengzhou, which was boosted by the new deal of the real estate market in Zhengzhou, and the real estate sector was pulled up in the second day of the second day of the day. As of press release, China Reform Culture Holdings Co.Ltd(600636) 00639 \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\, Rongan Property Co.Ltd(000517) etc. increased by more than 4%.
In terms of news, on March 1, the general office of Zhengzhou Municipal People’s government issued the notice on promoting the virtuous circle and healthy development of the real estate industry. The notice puts forward 19 requirements for the local real estate market to support reasonable housing demand, improve housing market supply, increase credit financing support, promote the construction and transformation of resettlement housing, and optimize the real estate market environment.
The notice specifies that enterprises will be given project loan support. Regularly organize the connection between banks and enterprises, encourage financial institutions to extend and renew loans to troubled enterprises, and increase the support for M & A loans of real estate enterprises in accordance with the principles of law and regulation, controllable risk and commercial sustainability, so as to effectively alleviate the operating pressure of the capital chain of market entities. Reduce personal housing consumption burden. Guide financial institutions in Zheng to increase the investment of individual housing mortgage loans and reduce the interest rate of housing loans. For families who own a house and have settled the corresponding house purchase loans, in order to improve their living conditions and apply for loans again to buy ordinary commercial houses, banking financial institutions implement the first house loan policy. Promote credit support cooperation. Financial institutions that support development loans and reduce the interest rate of personal mortgage loans shall give priority support to the deposit of new government financial deposits and fund accounts.
In this regard, Ping An Securities pointed out that as an important provincial capital city, the deregulation of the real estate market in Zhengzhou has a certain demonstration effect: previously, low-energy cities such as Beihai and Heze successively issued policies such as reducing the proportion of provident fund or commercial loan down payment, and the housing loan interest rate in key cities has continued to decline since peaking in September 2021, but the sales of top 100 real estate enterprises fell by more than 40% year-on-year in February, The average daily turnover of 50 cities decreased by 24.7% month on month, and the property market turnover did not improve. Zhengzhou is one of the important provincial capitals in China. In 2021, the transaction area of commercial housing decreased by 25% year-on-year, much weaker than that in the same period in China (1.1%). The policy of “recognizing loans but not houses” is conducive to injecting confidence into the property market and has a certain demonstration effect in the country. At present, the downward pressure on the real estate market is still large, and the financial difficulties of some real estate enterprises have not been solved. The follow-up fine-tuning in regions or cities with high pressure will not be ruled out, because the urban implementation policies will continue to be interpreted.
The agency believes that although the policy tone has gradually warmed up since September 2021, it is still more limited to capital relief or fine-tuning under the original policy framework. The deregulation of “house and loan recognition” in Zhengzhou has strong demonstration significance. Looking back, the current downward pressure on the property market is still large, and the financial difficulties of some real estate enterprises have not been solved. Whether from the overall situation of “stable growth” or avoiding systemic risks in the industry, there is still room for improvement on the policy side, and the sector valuation is expected to continue to repair. In the medium and long term, with the withdrawal or contraction of some real estate enterprises in the painful period of this round, the overall pattern of the industry is expected to be optimized, and the market share and profitability of brand real estate enterprises with financing and control are expected to be improved.
