Deliver the A-share market information at the first time, observe the market trend, grasp the rise and fall logic and tap investment opportunities.
UHV plate strongly pulled up Henan Pinggao Electric Co.Ltd(600312) , Xj Electric Co.Ltd(000400) and other multi stock trading limits
The UHV sector rose strongly on the 15th. As of press time, Xi'An Peri Power Semiconductor Converting Technology Co.Ltd(300831) "20cm" limit, Changshu Fengfan Power Equipment Co.Ltd(601700) , Henan Pinggao Electric Co.Ltd(600312) , Xj Electric Co.Ltd(000400) , Huaming Power Equipment Co.Ltd(002270) , Zhejiang Great Southeast Co.Ltd(002263) and other limits. It is reported that in order to improve the transmission of clean energy across provinces and regions. During the 14th Five Year Plan period, the State Grid Corporation of China plans to continuously improve the utilization efficiency of the built transmission channels as the main content and key task of power grid development, realize the full power operation of the built channels and improve the transmission capacity of 35.27 million KW. It is planned to build seven circuits, start the construction of a batch, research and reserve a batch of UHVDC, and increase the transmission capacity by 56 million KW. By 2025, the trans provincial and trans regional transmission capacity of the company's business area will reach 300 million KW, and the transmission of clean energy will account for 50%.
Kaiyuan Securities pointed out that a new round of UHV project construction in China has been carried out on a large scale. In March 2021, the State Grid proposed in the "carbon peak and carbon neutralization action plan" that the new regional transmission channel during the "14th five year plan" period will focus on the transmission of clean energy. It is planned to build 7 circuits of UHVDC and increase the transmission capacity by 56 million KW. In addition to the UHV transmission capacity built in the South grid area, it is expected that China's UHV transmission capacity is expected to exceed 100 million KW at the end of the 14th five year plan. At the same time, China's UHV industry will fully realize the intelligent application of UHV power grid through solid grid foundation, intelligent transmission equipment, integration of transmission and distribution, and supported by control and information communication platform.
Dongguan Securities said that the eastern coastal area is a key area of power consumption. The local power generation is lower than the power consumption, while the power generation in the central and western regions is higher than the local power consumption. The contradiction between power supply and demand is prominent. With the rapid increase of power consumption in the eastern coastal area and the increase of the demand for grid integration of clean energy power generation in the west, the new demand of UHV power grid continues to increase. Concerned about the intensive introduction of policies related to UHV power grid construction and the continuous implementation of investment and construction, the orders of UHV appliances are expected to increase and the market scale is expected to expand. As the market structure of UHV electrical appliance industry is stable, it is suggested to pay attention to the leading enterprises Tbea Co.Ltd(600089) , Xj Electric Co.Ltd(000400) , Nari Technology Co.Ltd(600406) with leading core technology industry and high market share.
the real estate sector is pushing higher, and the marginal relaxation of industrial policies is expected to usher in valuation repair
The real estate sector rose intraday on the 15th. As of press time, Sichuan Languang Development Co.Ltd(600466) , Langold Real Estate Co.Ltd(002305) , Beijing Dalong Weiye Real Estate Development Co.Ltd(600159) , Sanxiang Impression Co.Ltd(000863) , Beih-Property Co.Ltd(600791) , Casin Real Estate Development Group Co.Ltd(000838) , Chongqingyukaifaco.Ltd(000514) and other trading limits. On the news side, on December 10, the Party committee of the cbcirc held an expanded meeting to convey and study the spirit of the central economic work conference. The meeting called for adhering to the positioning that houses are used for living rather than speculation, continuously improving the long-term mechanism of stabilizing land price, house price and expectation, increasing financial support for long-term rental housing market and affordable housing construction, and promoting the virtuous circle and healthy development of the real estate industry.
Southwest Securities Co.Ltd(600369) pointed out that in 2021, with the strengthening of policy regulation, the industry fundamentals entered a downward cycle. Since the second half of the year, the decline of sales, the cold of local auction and the current liquidity crisis in the industry have forced the policy margin to relax. The policy appears "inflection point" before the fundamentals, and then the industry fundamentals will gradually recover in the first half of 2022. The plate market will deduce ahead of the fundamentals, and has entered a good configuration period in the short term.
Citic Securities Company Limited(600030) believes that under the rational and pragmatic policy attitude, 2022 will usher in a new starting point for the industry. Previously, the market may be overly pessimistic about real estate sales, delivery and development investment, and industrial chain companies without bad debt problems (excellent receivables management ability or directly facing end c) may have been significantly underestimated. Be optimistic about the application of new means such as digitization to drive the upgrading of traditional industries and the sharp adjustment of share price in the short term due to the sharp decline of GTV in housing transactions; Be optimistic about the property management blue chip enterprises wrongly killed due to real estate credit and bad currency corporate governance, and recommend poly property, China Resources Vientiane life, country garden service, rongchuang service, China Merchants Property Operation & Service Co.Ltd(001914) and Jinke service; It is also optimistic about real estate development companies moving towards steady development, including Poly Developments And Holdings Group Co.Ltd(600048) , China Vanke Co.Ltd(000002) , Gemdale Corporation(600383) , Longhu group, China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) and country garden.
Baiji Shenzhou landed on the science and innovation board today and broke the opening, falling nearly 16%
On December 15, biotechnology giant Baiji Shenzhou (688235) officially landed on the science and Innovation Board of Shanghai Stock Exchange, becoming the world's first biotechnology company listed on Nasdaq, Hong Kong Stock Exchange and Shanghai Stock Exchange.
Baiji China opened at 176.96 yuan, down more than 8%, below the issue price of 192.6 yuan / share. As of press time, the has fallen by nearly 16%, and the current market value is about 185 billion yuan. Its Hong Kong shares also fell, down about 4.5% at about 167 yuan as of press time.
According to the previously disclosed winning announcement, there are 82839 online winning numbers of Baiji Shenzhou new shares, and each winning number can only subscribe for 500 Baiji Shenzhou shares. After the issuance, the number of A-share shareholders of Baiji Shenzhou was 86486.
The number of shares issued by Baiji Shenzhou in this public offering is 115 million shares, accounting for 8.62% of the total number of shares issued by the company on October 31 and the sum of the number of shares issued in this public offering (before the exercise of the over allotment option). All new shares are issued in public without the transfer of old shares.
In addition, Baiji Shenzhou granted China International Capital Corporation Limited(601995) an over allotment option (or "green shoes") that does not exceed 15% of the number of shares initially issued. If the over allotment option is fully exercised, the total number of shares issued will be expanded to 132 million, accounting for about 9.79% of the total number of shares issued by the company on October 31 and the total number of shares issued by the public (after the over allotment option is fully exercised). The arrangement of this over allotment option is conducive to promoting the stability of the company's stock price after listing.
Open source Securities pointed out that Baiji Shenzhou is a global leader in innovative drugs. It is an all-round integrated biotechnology company with strong preclinical research ability, global clinical development ability, large-scale high-quality drug production ability and substantive commercialization ability. With its all-round integrated R & D capability of innovative drugs, the company has built a rich product pipeline, including 10 drugs at the commercial stage, 2 declared candidate drugs and 36 candidate drugs at the clinical stage. Among them, three original innovative drugs have created many industry precedents. Baiyuze is the first new anti-cancer drug independently developed in China and accelerated by FDA, and baizean is the first anti-PD-1 monoclonal antibody approved conditionally for the treatment of urothelial cancer in China, Baihuize is the first PARP inhibitor approved in China for the treatment of platinum sensitive and platinum resistant recurrent ovarian cancer (OC). At present, the company is continuously promoting the expansion and commercialization of core product indications, and reached a cooperation agreement with Novartis on the development and commercialization of anti-PD-1 monoclonal antibody tirelizumab in January 2021, and further promoted the integrated development of China's marketing network. As a leading enterprise in the global innovative drug industry, the company is expected to fully benefit from the continuous volume of three core self-developed products and a variety of authorized products and the improvement of China's market share in the future.
Chongqing local stocks rose Chongqingyukaifaco.Ltd(000514) and other daily limits. It is planned to increase investment in the construction of Chengdu Chongqing double city economic circle next year
Chongqing local stocks rose on the 15th. As of press time, Chongqing Construction Engineering Group Co.Ltd(600939) , Chongqing port, Casin Real Estate Development Group Co.Ltd(000838) , Chongqingyukaifaco.Ltd(000514) and other trading limits.
In terms of news, according to Xinhua news agency, on December 14, the fourth meeting of the Chongqing Sichuan joint conference of Party and government to promote the construction of the two city economic circle in Chengdu and Chongqing was held in Yibin, Sichuan. The meeting proposed to jointly build the Chengdu Chongqing twin city economic circle. In 2022, it is proposed to promote 46 key tasks in 10 aspects, 160 major projects and a total investment of about 2 trillion yuan.
For the 2022 plan, focusing on the planning outline for the construction of Chengdu Chongqing dual city economic circle, the meeting put forward a number of major projects with the role of support, guidance and demonstration, closely following the key co construction tasks such as joint construction of modern infrastructure network, collaborative construction of modern industrial system, Co construction of Bashu cultural tourism corridor, ecological co construction and co protection, and co construction and sharing of public services.
The meeting proposed that the projects included in the list of major projects in the Chengdu Chongqing twin city economic circle enjoy the same support and guarantee policies as the major projects at the municipal level in Chongqing and the provincial level in Sichuan. The two provinces and cities should give priority to the implementation of project construction land, balance financial funds at all levels, recommend to financial institutions, and actively do a good job in dispatching service and assessment management.
The meeting also considered four implementation plans: jointly building a world-class equipment manufacturing industry cluster, jointly building a demonstration zone for the integrated development of industrial Internet in Chengdu and Chongqing, jointly building a port logistics system in the twin city economic circle, and the joint action of carbon peak and carbon neutralization in the twin city economic circle, As well as the second batch of issues of the convenient life action in the twin city economic circle and some policies and measures to support the reform, innovation and development of Sichuan Chongqing Gaozhu new area.
the two departments are expected to benefit from encouraging a new round of exchanging old household appliances for new ones and smart household appliances to the countryside
The national development and Reform Commission and the Ministry of industry and information technology jointly issued the notice on the implementation plan for invigorating industrial economic operation and promoting high-quality industrial development on December 14. The circular proposes to release the consumption potential in key areas. Accelerate the promotion and application of new energy vehicles, and accelerate the construction of charging piles, power exchange stations and other supporting facilities. We will improve the household appliance recycling system and implement the household appliance producer recycling target responsibility system. Encourage qualified places to launch a new round of old for new action in fields such as household appliances. We will encourage new energy vehicles, smart appliances and green building materials to go to the countryside. Promote the landing and promotion of ultra-high definition video for major scenes such as the broadcasting of the Beijing Winter Olympic Games. Develop new types of information consumption.
Huaan Securities Co.Ltd(600909) believes that the service life of household electricity is usually 8-10 years. The last round of large-scale popularization of "home appliances to the countryside" mainly occurred in 2008-2011. Therefore, it is currently in the middle and late stage of household electricity upgrading. Combined with the "double carbon" policy background, it is expected that the renewal of just needed household appliances will focus on energy-efficient products, and the white power leader is expected to benefit from its technology and product advantages. The promotion of optional household appliances may be accelerated to pry open the increment for small household appliance companies and kitchen faucets. The subsidy categories of the first two rounds of "home appliances to the countryside" policy are mainly just needed household appliances. Under the current situation of high penetration rate, combined with the "common prosperity" policy and consumption upgrading trend, it is expected that the promotion and penetration of optional household appliances may be accelerated.
The agency recommends white power leaders Haier Smart Home Co.Ltd(600690) , Midea Group Co.Ltd(000333) , Gree Electric Appliances Inc.Of Zhuhai(000651) , which pay attention to the continuous optimization of the competition pattern and are expected to repair their profitability in the second half of the year. Focus on the integrated stove leader Marssenger Kitchenware Co.Ltd(300894) with continuous optimization of product structure and steady expansion of multiple channels, as well as the integrated stove leader Zhejiang Entive Smart Kitchen Appliance Co.Ltd(300911) that comprehensively promotes the improvement of products, brands, channels and management. Pay attention to the sweeping Siasun Robot&Automation Co.Ltd(300024) leader Ecovacs Robotics Co.Ltd(603486) with outstanding comprehensive advantages and building the second growth pole with the help of intelligent life appliances, as well as the sweeping Siasun Robot&Automation Co.Ltd(300024) leader Beijing Roborock Technology Co.Ltd(688169) with deep technical barriers and rapid expansion of overseas channels.
the central bank proposed to steadily and orderly promote the research and development of digital RMB next year and pay attention to the opportunities related to the industrial chain (with shares)
According to the news on the central bank's website on December 14, on December 13, the Party committee of the people's Bank of China held an expanded meeting to convey and study the spirit of the central economic work conference and study, deploy and implement the work. The meeting stressed that next year we should focus on deepening the structural reform of the financial supply side. We will deepen the reform of rural credit cooperatives and the reform of the bond market. Strengthen the overall supervision of financial infrastructure. We will steadily and orderly promote the research and development of digital RMB. We will continue to deepen international financial cooperation and promote the orderly opening up of the financial industry.
Huachuang Securities pointed out that digital RMB has the technical conditions for cross-border use, but it is currently mainly used to meet China's retail payment needs. Digital RMB has the characteristics of both account and value. It is compatible with three ways: account based, quasi account based and value based. It adopts variable denomination design to realize value transfer in the form of encrypted currency string. At present, large-scale digital RMB transactions are still based on the account system, which can not be a natural and borderless common currency like bitcoin. Cross border payments based on the account system are still difficult to bypass the swift system. However, there are persistent problems in the field of cross-border payment, such as long industrial chain, high cost, slow speed and opaque charges. Taking advantage of the convenience of digital RMB, using digital RMB as a general exchange medium in some scenes strongly related to China's trade will help RMB go to sea.
Huachuang securities suggests paying attention to opportunities related to the industrial chain, and digital currency payment acceptance terminals suggest paying attention to Xgd Inc(300130) , Newland Digital Technology Co.Ltd(000997) , Guangzhou Kingteller Technology Co.Ltd(002177) , Urovo Technology Co.Ltd(300531) , Grg Banking Equipment Co.Ltd(002152) , Wuhan Tianyu Information Industry Co.Ltd(300205) , Chutian Dragon Co.Ltd(003040) , Shenzhen Minde Electronics Technology Ltd(300656) ; It is recommended to pay attention to Shenzhen Sunline Tech Co.Ltd(300348) , Tansun Technology Co.Ltd(300872) , Guangzhou Kingteller Technology Co.Ltd(002177) , Chase Science Co.Ltd(300941) , Client Service International Inc(300663) , Jiangsu Hoperun Software Co.Ltd(300339) and so on; Third party payment institutions suggest paying attention to Lakala Payment Co.Ltd(300773) and Hyunion Holding Co.Ltd(002537) ; Commercial banks suggest paying attention to China Merchants Bank Co.Ltd(600036) .
