Today (December 2), the trend of A-Shares has twists and turns. After the stock index opened low in the morning, it quickly rose, rushed up and fell back. It once turned red in the afternoon and dived back in the late afternoon. The adjustment situation is at a glance. On the disk, in the industry, automobiles, cement and building materials, wine making, steel, securities, real estate and other industries rose slightly; Wind power equipment, power supply equipment, communications and other industries led the decline. In terms of subject shares, occupation education, chicken concept and Baijiu are among the top gainers. Cloud games, virtual power plants, Yuan universe, industrial aircraft and Hong Meng concept are among the top ones.
in the morning, the market amplitude of automobile and cement continued to narrow? Organization: prelude to the start of market at the end of the year
Today, the whole automobile sector strengthened, and many stocks such as Cimc Vehicles (Group) Co.Ltd(301039) , Sinotruk Jinan Truck Co.Ltd(000951) rose by the limit. From the perspective of lengthening the time axis, the auto sector index has maintained a steady upward trend this year. Today, it hit a new high this year, and the overall increase of the sector reached 25.69%.
In addition to the automobile sector, cement, port, infrastructure and other sectors were among the top gainers in early trading, and many Chinese prefix stocks were active. Haitong Securities Company Limited(600837) indicates that the amplitude of each major broad-based index is at a record low or at an all-time low. Referring to U.S. stocks, the decline in the volatility of A-Shares is a medium - and long-term trend. In the short term, the narrowing of market amplitude is often the prelude to the start of the market at the end of the year and the beginning of the year.
Haitong Securities Company Limited(600837) believes that the latest variant of covid-19 may disturb the market, but it does not change the cross year market trend. Structurally, the big financial industry is expected to usher in repair. At present, the profitability and fund allocation of the consumer industry are at a low level. Looking back, the fundamentals of the consumer sector are expected to pick up and the cost performance will be improved.
Baijiu shares strengthened Qinghai Spring Medicinal Resources Technology Co.Ltd(600381) and other trading institutions: the current valuation of the plate is at a reasonable interval
In December 2nd, Baijiu stock strengthened, Qinghai Spring Medicinal Resources Technology Co.Ltd(600381) , Beijing Shunxin Agriculture Co.Ltd(000860) trading, Shanghai Guijiu Co.Ltd(600696) , Jiugui Liquor Co.Ltd(000799) , Sichuan Swellfun Co.Ltd(600779) , Shede Spirits Co.Ltd(600702) , Wuliangye Yibin Co.Ltd(000858) and so on. On the news side, Wuliangye Yibin Co.Ltd(000858) the eighth generation of core products Wuliangye Yibin Co.Ltd(000858) has made an official response to the brewing price increase. On December 1, Wuliangye Yibin Co.Ltd(000858) said that the company did implement 889 yuan for the eighth generation Wuliangye Yibin Co.Ltd(000858) , the basic volume price remained unchanged, and the incremental price (including group purchase) was adjusted to 1089 yuan, so as to achieve high-quality products on the market as planned.
Baijiu Baijiu, a Citic Securities Company Limited(600030) research group, said the liquor industry will enter the information intensive release period. The liquor sector valuation is in a reasonable range and actively recommends the Baijiu industry. The agency believes that in the future, various liquor enterprises will successively hold marketing summary meetings in 2021, and arrange development goals in 2022 and strategies for the peak season of the Spring Festival. Baijiu industry continued to boom, basically stable upward, and the confidence of mobile marketing is strong in the whole year and the Spring Festival. Under the Moutai market reform and Wuliangye Yibin Co.Ltd(000858) price adjustment, Baijiu industry is expected to maintain a structural boom trend and achieve a strong growth in the long dimension. The sub high-end leaders hope to continue to enjoy the dividend of consumption upgrading and achieve strong growth driven by nationalization. At present, Baijiu plate valuation is in a reasonable range, and actively recommend the Baijiu industry.
the new forces of car making achieved brilliant results in November, and the high prosperity of the industry is expected to continue
On December 2, the whole vehicle plate continued to make efforts in the session, Cimc Vehicles (Group) Co.Ltd(301039) , Sinotruk Jinan Truck Co.Ltd(000951) limit, Beiqi Foton Motor Co.Ltd(600166) , Anhui Jianghuai Automobile Group Corp.Ltd(600418) and other stocks rose one after another. On the news side, on December 1, a number of new energy vehicle enterprises announced their vehicle production transcripts in November. Weilai, Xiaopeng automobile and ideal automobile, as representatives of the new forces of head car making, have continued their sales performance in October.
From the disclosure of the three quarterly reports, the performance is also quite good. According to the financial report of ideal automobile in the third quarter of 2021, the total revenue of ideal automobile in the third quarter of this year was 7.78 billion yuan, a year-on-year increase of 209.7%; Xiaopeng automobile disclosed that its revenue in the third quarter was 5.72 billion yuan, a year-on-year increase of 187.4%; The revenue of Weilai automobile in the third quarter was 9.81 billion yuan, a year-on-year increase of 116.6%.
Citic Securities Company Limited(600030) pointed out that in the short term, the prosperity of new power enterprises is expected to continue in the peak auto sales season. In the medium and long term, at the starting point of the electric intelligent track, we are systematically optimistic about the advantages of Chinese new power enterprises in talent attraction, technology accumulation, understanding and response to local needs. Before the Spring Festival is the traditional peak season of automobile sales, and the high boom of new forces is expected to continue. Looking forward to 2022, in addition to sales competition, new forces will be equipped with high-power chips and lidar. At that time, the auxiliary driving experience will become the key to verify the software ability of vehicle enterprises.
Haitong Securities Company Limited(600837) said that although the current valuation of the new energy vehicle industry is high, based on the evolution of the smartphone industry in 2010, its penetration rate began to accelerate after breaking through 15%. At present, the penetration rate of medium-sized Shanxi Guoxin Energy Corporation Limited(600617) vehicles has reached 12.1%, the third quarterly report remains high, and the penetration rate is still expected to accelerate in the future. It is worthy of attention for a long time after gradually digesting the valuation.
how much market space is there for the "warm wind" of vocational education re welcome policy?
On December 2, the education sector performed prominently, Shanghai Action Education Technology Co.Ltd(605098) and other trading limits, Jiangsu Chuanzhiboke Education Technology Co.Ltd(003032) , Shanghai Xinnanyang Only Education & Technology Co.Ltd(600661) , Doushen(Beijing) Education&Technology Inc(300010) and other stocks rose one after another. On the news side, vocational education has been positive for a long time. On December 1, the executive meeting of the State Council deliberated and approved the vocational skills training plan for the 14th five year plan, and proposed to adhere to the employment orientation, meet the market demand, support various vocational colleges and vocational training institutions to carry out training, give play to the main role of enterprise training, and improve the employee skills training mechanism. We should strengthen the training of highly skilled talents, improve the employment and entrepreneurship ability of key groups such as college graduates, and train more than 30 million migrant workers.
Guolian Securities Co.Ltd(601456) believes that in the future, the supporting policies to attract and support excellent students to apply for vocational colleges, government institutions and enterprises to recruit vocational school graduates with the same treatment will be continuously improved, the "entrance" and "exit" ends of vocational schools will gradually break the problem of discrimination, and the favorable policies of academic vocational education sector will continue to emerge. It is suggested to continue to pay attention to the academic vocational education sector.
Sealand Securities Co.Ltd(000750) indicates that since the reform of Vocational Education in 2019, the policies related to vocational education have strong continuity and stability, and the level and gold content of documents are high. In the future, the training quality and attraction of vocational education will be further improved.
SiC will be sought after by auto enterprises, and the competitiveness of leading companies in the industrial chain will gradually highlight
According to trendforce Jibang consulting research, with the increasing penetration of electric vehicles and the vehicle architecture moving towards 800V high voltage, it is estimated that the global electric vehicle market will demand 1.69 million 6-inch SiC wafers in 2025. The innovation of 800V electrical architecture will promote high-voltage resistant SiC power devices to comprehensively replace Si IGBT, and then become the standard configuration of main drive inverter. Therefore, SiC is deeply sought after by vehicle enterprises.
Tianfeng Securities Co.Ltd(601162) pointed out that 2022 is expected to be the first year of the development of China's 800V voltage platform, and car enterprises have arranged one after another: at present, car enterprises such as Xiaopeng automobile, GAC e'an, E platform, Geely krypton, ideal automobile and BAIC fox have arranged 800V fast charging technology, and are expected to realize mass production after the end of 2021. The on-board power supply has begun to apply SiC devices on a large scale. Meanwhile, the Han model has been equipped with SiC motor controller and the Weilai et7 will also be equipped with SiC motor controller. It is expected that the penetration rate of SiC in the field of motor controller of high-end models will gradually increase in the future.
Silicon carbide SiC devices have the advantages of high frequency, high efficiency and small volume. The upgrading of 800V voltage platform is also one of the driving forces to improve its penetration. It will be applied on a large scale in the future: the future application market of SiC will mainly focus on the field of electric vehicles. In 2019, the global market scale of SiC will be US $984 million, but it will reach US $4832 million by 2025, and the compound growth rate of the industry in the next five years will reach 25.5%. In new energy vehicles, OBC, DC / DC and motor controller have been or will be applied to SiC devices on a large scale. It is expected that 52% of SiC devices will be applied in the automotive field, which will be the largest application market of SiC.
The organization believes that the electric drive system and power semiconductor industry will fully benefit from the application of 800V platform and SiC devices. It is recommended to pay attention to electric drive system companies: Shinry Technologies Co.Ltd(300745) , Zhuhai Enpower Electric Co.Ltd(300681) , Jing-Jin Electric Technologies Co.Ltd(688280) and power semiconductor industry companies: Starpower Semiconductor Ltd(603290) , CRRC Zhuzhou Crrc Times Electric Co.Ltd(688187) and Shandong Tianyue. It is considered that the market competitiveness of leading companies will gradually highlight, and the application of new technologies will also expand the development space and entry barriers of the industry. Leading companies in the industrial chain and companies supporting popular models have good investment value, superimpose future sea going expectations, and are optimistic about the long-term development of supporting enterprises in the industrial chain.
the review and approval of the vocational skills training plan of the 14th five year plan suggests paying attention to vocational education companies with core competitiveness
On December 1, the executive meeting of the State Council deliberated and adopted the vocational skills training plan for the 14th five year plan to speed up the training of high-quality workers and technical skills. The meeting pointed out that during the "14th five year plan" period, we should adhere to the employment orientation, adapt to market demand, and promote the expansion and quality improvement of vocational skills training. First, support all kinds of Vocational Colleges and vocational training institutions to carry out training, give full play to the main role of enterprise training, strengthen job stabilization training, and improve the skill training mechanism of employees. Second, strengthen the support of investment in the central budget for the construction of public training bases. Implement the pre Tax Deduction Policy of training funds. Provide tax support for the purchase of relevant equipment for training. We will continue to use the unemployment insurance fund to carry out job stabilization and vocational skills training. Third, strengthen the training of high skilled talents in advanced manufacturing and modern service industries. We will improve the employment and entrepreneurship ability of key groups such as college graduates and train more than 30 million migrant workers. Improve the quality of vocational education and training for employment and entrepreneurship.
Guolian Securities Co.Ltd(601456) believes that in the future, the supporting policies to attract and support excellent students to apply for vocational colleges, government institutions and enterprises to recruit vocational school graduates with the same treatment will be continuously improved, the "entrance" and "exit" ends of vocational schools will gradually break the problem of discrimination, and the favorable policies of academic vocational education sector will continue to emerge. It is suggested to continue to pay attention to the academic vocational education sector.
Century Securities pointed out that on October 12, the general office of the CPC Central Committee and the general office of the State Council issued the opinions on promoting the high-quality development of modern vocational education. The opinions has implemented the key links in the development of vocational education, and the support has been strengthened. Encourage listed companies and industry leading enterprises to organize vocational education, and encourage all kinds of enterprises to participate in vocational education according to law. The opinion shows that the policy still supports the development of vocational education, and there are investment opportunities in academic vocational education and non academic vocational education training tracks. However, due to the gradual transformation of relevant education enterprises affected by the "double reduction" policy to carry out vocational education business, it is bound to aggravate the competition situation in the industry. It is suggested to focus on high-quality companies that are expected to benefit from policy support for a long time and have core competitiveness: China Education Holdings, hope education, China Oriental Education, Offcn Education Technology Co.Ltd(002607) , Suzhou Kingswood Education Technology Co.Ltd(300192) , Jiangsu Chuanzhiboke Education Technology Co.Ltd(003032) .
