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multinational swift sanctions against Russia, the concept of digital currency rose sharply Beijing Infosec Technologies Co.Ltd(688201) and other stocks rose by the limit
On February 28, the concept of digital currency opened significantly higher. As of press time, Shenzhen Forms Syntron Information Co.Ltd(300468) , Beijing Infosec Technologies Co.Ltd(688201) , Hyunion Holding Co.Ltd(002537) and other stocks rose by the limit, while other stocks rose one after another.
The Central Bank of Russia announced on its website on the 27th that the Central Bank of Russia will resume buying gold in Russia China precious metal market from the 28th. Meanwhile, the Central Bank of Russia issued a statement saying that Russia has the necessary resources to maintain financial stability and ensure the operation of business in the financial field. Russia will guarantee ruble cash and non cash circulation of banks. The Russian banking system is stable, with sufficient capital and liquidity, and all banks in Russia are operating normally. In addition, Russia will use the local version of financial information transmission system (SPFS) to complete relevant businesses.
According to CCTV news, on February 26 local time, the United States, the European Union, the United Kingdom and Canada issued a joint statement, announcing that several major Russian banks were prohibited from using the global Interbank Financial Telecommunications Association (Swift) international settlement system as the latest sanctions against Russia, and implemented “restrictive measures” against the Central Bank of Russia, Prevent the Russian central bank from deploying its international reserves in a manner that could undermine sanctions.
Huang Wentao, chief of China Securities Co.Ltd(601066) macro, said that the prohibition of swift against Russia may lead to obstacles in the payment and settlement between Bank Of China Limited(601988) and Russian financial institutions, affect the import and export trade between China and Russia, and the rise of international energy prices may also cause fluctuations to China. However, China and Russia reached 15 cooperation agreements during the Winter Olympics, which will stabilize China’s energy supply and create new opportunities for RMB cross-border payment.
oil sector strengthened again Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) Sanlian board, Landocean Energy Services Co.Ltd(300157) etc. rose sharply
The oil sector rose again on the 28th, with Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) , Renzhi shares rising by the limit, and China Oilfield Services Limited(601808) , China Petroleum Engineering Corporation(600339) , Geo-Jade Petroleum Corporation(600759) , Tong Petrotech Corp(300164) rising higher. It is worth noting that Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) has been trading for three consecutive trading days.
In its announcement yesterday, the company pointed out that recently, affected by the Russian Ukrainian war and other factors, the international oil price has increased significantly and once exceeded US $100 / barrel. However, as disclosed in the company’s previous periodic and interim reports, the oil service industry in which the company is located belongs to the upstream of the oil and gas industry chain. The impact of changes in oil prices on the performance of oil service companies has a transmission process, and the capital expenditure of oil and gas companies is the key influencing factor, Generally, it follows the transmission path of “oil price change – performance change of oil and gas companies – capital expenditure change of oil and gas companies – order change of oil service companies – performance change of oil service companies”. In general, the transmission speed of the impact of oil price decline on the performance of oil service enterprises is faster than that of oil price rise. In the case of oil price rise, the increase of capital expenditure of oil and gas companies generally lags behind for 1-2 years. In addition, the company has not found any unpublished material information that may or has had a great impact on the trading price of the company’s shares in recent public media reports.
In terms of news, Brent crude oil rose by more than 7% in early trading today, breaking the $100 mark again. Affected by the escalation of the conflict between Russia and Ukraine, WTI crude oil and Brent crude oil both exceeded US $100 per barrel last week, but the prices of both crude oils fell after the United States reiterated its decision not to sanction Russian energy exports.
Everbright Securities Company Limited(601788) said that in the context of tight crude oil supply and demand, the short-term geopolitical situation has a great impact on oil prices. In the follow-up, we will focus on the conflict situation between Russia and Ukraine, the sanctions policies of Europe and the United States against Russia, the progress of the negotiation of the Iranian nuclear agreement, the implementation of OPEC + production increase, the spread situation of Omicron virus strain, the progress of vaccination and the development of covid-19 specific drugs. It is expected that the global crude oil supply and demand pattern will remain tight in 2022. Therefore, we continue to be firmly optimistic about the prosperity of the petrochemical sector. It is suggested to pay attention to the following subscripts: first, the upstream sector, PetroChina, Sinopec, CNOOC, Enn Natural Gas Co.Ltd(600803) ; Second, oil service sector, China Oilfield Services Limited(601808) , Offshore Oil Engineering Co.Ltd(600583) , Cnooc Energy Technology & Services Limited(600968) , Sinopec Oilfield Service Corporation(600871) , Bomesc Offshore Engineering Company Limited(603727) ; Third, large private refining and chemical sector, Hengli Petrochemical Co.Ltd(600346) , Rongsheng Petro Chemical Co.Ltd(002493) , Jiangsu Eastern Shenghong Co.Ltd(000301) , Hengyi Petrochemical Co.Ltd(000703) , Tongkun Group Co.Ltd(601233) ; Fourth, light hydrocarbon cracking sector, satellite chemistry and Oriental Energy Co.Ltd(002221) ; Fifth, coal to olefin, Ningxia Baofeng Energy Group Co.Ltd(600989) ; The sixth and third largest chemical white horse, Wanhua Chemical Group Co.Ltd(600309) , Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) and Jiangsu Yangnong Chemical Co.Ltd(600486) .
covid-19 detection concept broke out again Hangzhou Biotest Biotech Co.Ltd(688767) , Beijing Hotgen Biotech Co.Ltd(688068) and other companies saw a sharp rise in net profit last year
Covid-19 detection concept broke out again in intraday trading on the 28th. As of press time, Hangzhou Biotest Biotech Co.Ltd(688767) rose by more than 17% and once hit the daily limit Shenzhen Bioeasy Biotechnology Co.Ltd(300942) , Beijing Hotgen Biotech Co.Ltd(688068) , Asahi biology, Hangzhou Alltest Biotech Co.Ltd(688606) , etc.
Driven by the news of cod-19 foreign trade companies, the performance of vid-19 products increased significantly The performance express disclosed on Beijing Hotgen Biotech Co.Ltd(688068) 27 showed that the company achieved an operating revenue of 5.372 billion yuan in 2021, a year-on-year increase of 946.14%; The net profit attributable to the owners of the parent company was 2.193 billion yuan, a year-on-year increase of 185681%.
Some analysts pointed out that since January 2021, affected by the opening of covid-19 antigen self-test market in Britain, Germany and other European countries, the export of covid-19 antigen products in China has exploded, and the performance of Zhejiang Orient Gene Biotech Co.Ltd(688298) , Beijing Hotgen Biotech Co.Ltd(688068) , etc. has increased greatly. In addition, the repeated epidemic has greatly increased the demand for covid-19 testing in the United States. The Biden government announced that 500 million household rapid testing kits would be distributed to the American people free of charge from January 2022, and an additional 500 million kits were announced on January 12.
The agency said that at present, the transmission speed of Omicron variant virus is faster, the number of covid-19 confirmed is at a new high, and the demand for covid-19 detection reagent is expected to surge.
Considering the liberalization of covid-19 antigen detection reagent Market in the United States and the demand of Europe and other countries around the world, the export of covid-19 antigen detection reagent is expected to usher in a new round of climax.
promotion accelerated! The concept of digital currency rose strongly Shenzhen Forms Syntron Information Co.Ltd(300468) , Beijing Infosec Technologies Co.Ltd(688201) and other daily limits
The concept of digital currency rose strongly in the intraday trading on the 28th, Shenzhen Forms Syntron Information Co.Ltd(300468) , Beijing Infosec Technologies Co.Ltd(688201) , Hyunion Holding Co.Ltd(002537) and other limits, Shenzhen Infogem Technologies Co.Ltd(300085) , Yunnan Nantian Electronics Information Co.Ltd(000948) , Client Service International Inc(300663) , Lakala Payment Co.Ltd(300773) .
In terms of news, the recently released “Henan Province’s 14th five year plan for digital economy and information development” proposed to clearly strive for the pilot of digital RMB. According to incomplete statistics, the digital RMB is mentioned in the “14th five year plan” development plans issued by more than 10 provinces and cities.
In addition, recently, the people’s Bank of China, the State Administration of market supervision, the China Banking and Insurance Regulatory Commission and the China Securities Regulatory Commission issued the “14th five year plan” for the development of financial standardization, proposed to “steadily promote the development of legal digital currency standards”, and elaborated the standard requirements of legal digital currency with a chapter. The policy proposes to comprehensively consider the safe and reliable infrastructure, issuance system and storage system, registration center, payment transaction communication module, terminal application, etc., and explore the establishment and improvement of legal digital currency infrastructure standards. Research and formulate the information security standards of legal digital currency to ensure the storability, unforgeability, non repeatable transaction and non repudiation in the circulation process. Study and formulate legal digital currency business and application standards, and determine the standardized processes of issuance, circulation and withdrawal. Research and formulate statutory digital monetary standard, help to improve the legal digital money technology security and advanced nature. Research and formulate the basic data element standard of legal digital currency to improve the standardization of data. Study and formulate technical standards for legal digital currency terminals, and promote the improvement of terminal acceptance environment. Research and formulate legal digital currency evaluation and detection standards, and standardize the detection indicators of relevant systems and products.
Anxin Securities pointed out that the promulgation of the 14th five year plan for the development of financial standardization has put forward new requirements for the standard development of digital RMB. Standard setting is an important link in industrial development. A unified digital RMB infrastructure, issuance and circulation return process and terminal acceptance environment will become the preconditions for the large-scale promotion of digital RMB. The unification of standards will lay a solid foundation for the deepening of digital RMB application scenarios and the expansion of application fields in the future.
The institution believes that the digital RMB industry chain mainly includes five types of enterprises: 1) financial machinery enterprises: Grg Banking Equipment Co.Ltd(002152) , Newland Digital Technology Co.Ltd(000997) , Xgd Inc(300130) , Shanghai Guao Electronic Technology Co.Ltd(300551) ; 2) Bank IT enterprises: Digital China Information Service Company Ltd(000555) , Shenzhen Sunline Tech Co.Ltd(300348) , Yusys Technologies Co.Ltd(300674) , Client Service International Inc(300663) , Northking Information Technology Co.Ltd(002987) ; 3) Payment institution: Lakala Payment Co.Ltd(300773) ; 4) Encryption algorithm Enterprises: Beijing Certificate Authority Co.Ltd(300579) , Koal Software Co.Ltd(603232) , Beijing Infosec Technologies Co.Ltd(688201) ; 5) Application scenario enterprise: Zhejiang Zhengyuan Zhihui Technology Co.Ltd(300645) , Newcapec Electronics Co.Ltd(300248) .
gold and jewelry consumption demand is strong, focusing on investment opportunities
According to media reports, the gold market has fluctuated recently. The sales of gold jewelry counters in many shopping malls in Shanghai have increased significantly. The overall sales of some counters in the past three days have increased by about 20% year-on-year. In addition, according to the data of China National Gold Group Gold Jewellery Co.Ltd(600916) Association, during the Spring Festival holiday, the national gold consumption demand was strong, with a year-on-year increase of 13%.
Soochow Securities Co.Ltd(601555) believes that since February 2022, the international situation has been tense and changeable, and the conflict has further intensified. Affected by various news, the international capital market fluctuated sharply. From February 1 to February 25, the closing prices of Comex gold and silver futures have risen by 5.1% / 6.0% respectively, and investors have strong risk aversion. In the short term, the global regional conflicts increase the risk aversion motivation and drive the gold price higher; In the medium and long term, some historical relics are difficult to be completely solved in the short term, and global macro policy factors are still the main wind vane of the gold market.
Gold is the main consumer goods in China’s jewelry market. In 2020, gold jewelry consumption accounted for 52% of the jewelry industry. Gold consumption is related to the trend of gold price to some extent. Generally speaking, when the gold price rises in the early stage, gold consumption is positively related to the price rise. When the gold price is already high, gold itself also has a certain investment hedging attribute. In addition to the investment attribute, the consumption attribute of gold has also driven the expansion of the gold jewelry market in recent years. The rise of gold consumption attribute is mainly driven by two factors: (1) consumers are more willing to pay for brands and products with Chinese cultural elements; (2) gold jewelry has a more sense of design after process improvement. At present, ancient arts and crafts and hard metals are favored by consumers. It is recommended that Chow Tai Seng Jewellery Company Limited(002867) , Zhou Dafu, Guangdong Chj Industry Co.Ltd(002345) , etc.
february lithium carbonate prices hit new highs repeatedly, and the sustainability of this round of supply-demand mismatch may exceed expectations (attached shares)
According to the price monitoring of business society, the price of lithium carbonate kept rising in February 2022, and the price reached a new high at the end of the month. On February 24, the average price of industrial grade lithium carbonate in East China was 439600 yuan / ton, an increase of 23.97% compared with the average price at the beginning of the month. On February 24, the average price of battery grade lithium carbonate in East China was 458000 yuan / ton, up 19.9% compared with the average price at the beginning of the month. Until the 24th, the comprehensive price of industrial grade lithium carbonate was 410000470000 yuan / ton, and the comprehensive price of battery grade lithium carbonate was 45 Shenzhen Desay Battery Technology Co.Ltd(000049) 0000 yuan / ton.
In late February, the price of lithium carbonate continued to rise significantly, the supply and demand of lithium ore and lithium salt in the market were still in a tight state, and the gap of lithium carbonate in China was still obvious. The business agency pointed out that at present, the demand of new energy vehicles, energy storage and other markets continues to burst. Lithium carbonate, as an indispensable raw material in the production and manufacture of the four cathode materials, has kept hitting a record high price. In addition, due to the relatively long production cycle at the upstream mine, there are obvious restrictions on the increase of lithium salt production. Under the tension of supply and demand, the price of lithium carbonate rises all the way.
Guotai Junan Securities Co.Ltd(601211) believes that the price of lithium sector continues to rise. The rapid rise in price is mainly driven by the urgent demand for lithium carbonate from lithium iron phosphate manufacturers, especially overseas energy storage batteries. The lithium price is transmitted smoothly, and naturally the lithium price is further raised. Basically, the short-term lithium supply and demand continues to be tight, and the lithium price may remain strong, and the concentrate end is more certain. Although the Ministry of industry and information technology recently proposed to continue to accelerate the development of China’s lithium resources, the increase of lithium supply will not occur within one year (more affecting the long-term supply expectation). It is expected that the spot price of lithium is still easy to rise but difficult to fall in the short term.
Sinolink Securities Co.Ltd(600109) pointed out that the spot supply of lithium concentrate was tight, which was basically sold in the form of underwriting, and only a small part was sold in the form of loose orders. The deterministic supply and demand gap of lithium mines in 22 and 23 years will be greatly alleviated in 24 and 25 years. The sustainability of this round of supply and demand mismatch will exceed expectations and continue to be optimistic about investment opportunities in the lithium sector. Focus on the idea of “performance + growth”. Focus on companies with resources, processing capacity and growth in the future, such as leading companies Tianqi Lithium Corporation(002466) , Ganfeng Lithium Co.Ltd(002460) , flexible targets Yongxing Special Materials Technology Co.Ltd(002756) , Chengxin Lithium Group Co.Ltd(002240) , Keda Industrial Group Co.Ltd(600499) , etc.
