Today (December 22) A-share differentiation, stock index shock finishing, Shenzhen Composite Index and gem index rose slightly. On the disk, in terms of industries, traditional Chinese medicine, gas, games, consumer electronics, packaging materials, oil and other industries led the increase; Real estate, shipbuilding, shipping ports, power equipment, construction machinery and other industries led the decline. In terms of theme stocks, cloud games, meta universe, e-cigarettes and apple concept led the rise, while horse racing concept, rental and sale rights, pumped storage, UHV and other small pullbacks.
the Chinese medicine sector broke out Gansu Longshenrongfa Pharmaceutical Industry Co.Ltd(300534) and the “20cm” limit Beijing Tongrentang Co.Ltd(600085) rose sharply for three consecutive days
The traditional Chinese medicine sector rose collectively on the 22nd. As of press time, Gansu Longshenrongfa Pharmaceutical Industry Co.Ltd(300534) “20cm” trading limit. So far, the stock has been trading limit for three consecutive trading days; Guangyuyuan Chinese Herbal Medicine Co.Ltd(600771) , Jinghua Pharmaceutical Group Co.Ltd(002349) , Guizhou Bailing Group Pharmaceutical Co.Ltd(002424) , Guiyang Xintian Pharmaceutical Co.Ltd(002873) , Kunming Longjin Pharmaceutical Co.Ltd(002750) and other “10cm” limit.
It is reported that Beijing Beijing Tongrentang Co.Ltd(600085) recently issued a price adjustment notice, Angong Niuhuang Pill (3G) × The sales price of 1 pill / box) was raised from 780 yuan to 860 yuan, with a price increase of about 10%. The price has been implemented since December 1. This is Beijing Tongrentang Co.Ltd(600085) the third public adjustment of the selling price of Angong Niuhuang Pill in recent ten years. It rose from 350 yuan to 560 yuan in 2012 and from 560 yuan to 780 yuan in December 2019. Now, after the price rise again, the increase has reached 146%.
Minsheng Securities pointed out that in recent years, the state has successively issued documents to support the development of traditional Chinese medicine and vigorously support the development of traditional Chinese medicine industry. The consumption attribute of brand traditional Chinese medicine is strong. Most of them have the right to raise prices independently, and the profit base and elasticity of products are guaranteed. In recent years, we have seen that most brand traditional Chinese medicine such as Angong Niuhuang Pill and Zhangzhou Pientzehuang Pharmaceutical Co.Ltd(600436) continue to raise prices. Secondly, most traditional Chinese medicine consumer goods are sold on the OTC side, which is relatively less affected by the medical insurance policy. It is expected to move closer to the valuation of daily consumer goods and usher in the strategic development opportunity of valuation remodeling.
The agency said that at present, the traditional Chinese medicine sector is undervalued and is expected to usher in a good opportunity for allocation. Under the impact of multiple rounds of positive impacts such as national policy support, improvement of industry marketing reform and equity incentive guarantee, it is expected to see some traditional Chinese medicine consumer goods continue to develop the OTC market and bring double increases in valuation and performance to enterprises. It is suggested to pay attention to Beijing Tongrentang Co.Ltd(600085) , Zhangzhou Pientzehuang Pharmaceutical Co.Ltd(600436) , Jianmin Pharmaceutical Group Co.Ltd(600976) Hubei Jumpcan Pharmaceutical Co.Ltd(600566) , Henan Lingrui Pharmaceutical Co.Ltd(600285) etc.
Western Securities Co.Ltd(002673) mentioned that the time-honored brand traditional Chinese medicine is partial to the consumption attribute and less adversely affected by the policy. It is mainly sold in pharmacies and self-supporting channels, has a high degree of consumer recognition and strong brand variety. It is suggested to continue to pay attention to Zhangzhou Pientzehuang Pharmaceutical Co.Ltd(600436) , Dong-E-E-Jiao Co.Ltd(000423) , Beijing Tongrentang Co.Ltd(600085) .
the concept of e-cigarette rose again Shanghai Shunho New Materials Technology Co.Ltd(002565) the daily limit Shaanxi Jinye Science Technology And Education Group Co.Ltd(000812) rose 250% in recent months
The electronic cigarette concept rose in intraday trading on the 22nd. As of press time, Kunshan Kersen Science & Technology Co.Ltd(603626) , Shanghai Shunho New Materials Technology Co.Ltd(002565) limit, Universal Scientific Industrial(Shanghai)Co.Ltd(601231) , Shaanxi Jinye Science Technology And Education Group Co.Ltd(000812) and other gains were ahead. It is worth noting that Shaanxi Jinye Science Technology And Education Group Co.Ltd(000812) has continued to rise since November 23, with only four trading days of correction. So far, the stock has risen by about 250% in recent January. The company recently issued a risk warning that at present, the company’s business composition has not changed significantly. The existing business categories cover four categories: Tobacco supporting industry, education industry, real estate industry and medical care industry. Among them, the main business of the tobacco supporting industry is the production and sales of cigarette labels, cigarette tow and nozzle rods; The main business of the education industry is higher academic education and other educational businesses; At present, the volume of the real estate industry is small, mainly focusing on the company’s internal project construction and commercial development; The medical and nursing industry is in the cultivation period and has not yet carried out specific business. Recently, the company’s stock price fluctuates greatly in the secondary market, which requires investors to make prudent judgment, invest rationally and pay attention to investment risks.
Shengang Securities pointed out that with the e-cigarette industry officially incorporated into the supervision, the industry is expected to develop in an orderly manner. According to the data of AI media, the scale of China’s e-cigarette market increased from 550 million yuan to 8.38 billion yuan from 2013 to 2020, with an average annual compound growth rate of 72.5%. It is expected that the market scale is expected to reach 10 billion yuan in 2021, and the scale of China’s e-cigarette market continues to increase. The scale of Chinese smokers ranks first in the world, but the penetration rate of e-cigarettes is only 0.6%. At present, the e-cigarette sales market is mainly in the United States, accounting for nearly half of the world. There is still much room for improvement in China’s e-cigarette consumption market. After the e-cigarette industry is included in the supervision, the industry will enter a period of orderly development, which will benefit the leading enterprises.
Galaxy Securities believes that the introduction of a series of regulatory measures will further strengthen the supervision of China’s e-cigarette industry. It is expected that China’s e-cigarette industry will usher in a period of standardized and benign development. Considering the regulatory constraints of the policy on raw materials, licenses, sales and other aspects, it is suggested to pay attention to the electronic cigarette OEM enterprises Shenzhen Everwin Precision Technology Co.Ltd(300115) , Byd Company Limited(002594) with global competitiveness and production qualification.
European natural gas prices soared by 20%, and related concept stocks collectively rose
On the morning of December 22, natural gas concept stocks collectively rose. As of press time, Shanxi Guoxin Energy Corporation Limited(600617) , Xinjiang Torch Gas Co.Ltd(603080) , Sichuan Datong Gas Development Co.Ltd(000593) rose by the limit, and Changchun Gas Co.Ltd(600333) , Xinjiang Xintai Natural Gas Co.Ltd(603393) , Guizhou Gas Group Corporation Ltd(600903) rose by the top.
On the news side, on Tuesday (December 21), local time, European natural gas prices rose by more than 20%, once again reaching an all-time high, because a key natural gas pipeline from Russia to Germany changed the supply direction. According to GASCADE, the Russian gas pipeline operator, the amount of natural gas delivered to Germany through the Yamal European pipeline has been declining since Saturday and diverted to Poland on Tuesday.
According to the research report, China’s demand for natural gas has increased greatly. On the output side, China’s natural gas output is 104.3 billion cubic meters, a year-on-year increase of 9.99%. On the consumer side, the consumption is 186.02 billion cubic meters, a year-on-year increase of 15.76%. The consumption is much higher than the output growth. On the import side, the total amount of imported natural gas is 84.28 billion cubic meters, a year-on-year increase of 23.81%, In the first half of the year, imported natural gas accounted for 45% of consumption, significantly higher than in previous years.
yuan universe resurgence market, the game sector benefits, and there is still room for leading stocks to rise
On December 22, cloud games, metauniverse, mobile games and other game sectors performed strongly. As of press time, Tangel Culture Co.Ltd(300148) , Sanxiang Impression Co.Ltd(000863) , Shenzhen Zhongzhuang Construction Group Co.Ltd(002822) , Cultural Investment Holdings Co.Ltd(600715) and other stocks rose, and G-Bits Network Technology(Xiamen)Co.Ltd(603444) , Hangzhou Shunwang Technology Co.Ltd(300113) and other stocks rose one after another.
In terms of news, on December 16, the game Working Committee of China audio and digital Association and China Game Industry Research Institute jointly released the 2021 China game industry report. In 2021, the actual sales revenue of China’s game market was 296.513 billion yuan, a year-on-year increase of 6.40%.
Huaxi Securities Co.Ltd(002926) pointed out that at this stage, games are generally regarded by the industry as the field most likely to take the lead in realizing the “meta universe”. Because it naturally has a virtual field and a virtual avatar of the player. The agency said that the basic orientation is good, and the Internet regulatory guidance boots are also being implemented in an orderly manner. Under the background of the era of meta universe, the game sector has ushered in a wave of development opportunities, and investors can layout the game leading stocks through the game ETF.
Gf Securities Co.Ltd(000776) believes that looking forward to 2022, game companies will usher in a new round of performance release cycle with the launch of products. It is expected that the performance of game companies will be realized to a high extent in 2022. With the transformation of game going to sea and boutique strategy, we are optimistic about the double repair of performance and valuation of game companies in 2022. As the follow-up products enter a new release cycle and the landing market sentiment disappears after the issuance of the superimposed version number, the valuation and performance of A-share game companies are expected to double-click in the next six months to one year. At present, the valuation of the game leader is at the bottom of history, and the upward space is much larger than the downward space.
the agency predicts that the shipment of folding mobile phones will reach 20 million next year. What are the opportunities for domestic supply chain?
According to the forecast data released by several institutions, the global shipment of folding screen mobile phones will achieve scale growth next year. “Foldable smartphones will reach nearly 20 million next year.” Ville petteri ukonaho, deputy director of emerging terminal technology services at strategy analytics, told the first financial reporter that with the maturity of technology, more suppliers will join the foldable market.
From the perspective of the maturity of folding supply chain, China’s UTG and screen industry chain are also taking shape. Saide semiconductor, Triumph Science & Technology Co.Ltd(600552) , Huijing display and other manufacturers have announced the R & D progress or plan of UTG glass project this year, while BOE and Visionox Technology Inc(002387) have become the mainstream screen suppliers of domestic folding screen mobile phones.
At this stage, the cost of folding screen is still too high. In addition, even if it reaches tens of millions of sales, compared with the overall market of billions of mobile phones in the world, folding screen mobile phones still belong to “niche products”.
the largest hydrogenation station in northern Guangdong has been officially put into operation. By 2025, Guangdong will build 200 hydrogenation stations (with shares)
According to the news of China Central Television, on December 20, the red hydrogen energy heavy truck slowly opened, marking the formal operation of the largest hydrogenation station in northern Guangdong – the hydrogenation station in Shaogang Industrial Park. The construction of the hydrogenation station started on July 24 this year, covering a total area of about 20 mu. The design hydrogenation capacity is 4000 kg per day, and can hydrogenation more than 300 hydrogen energy logistics vehicles per day.
Ping An Securities believes that China has become the world’s largest producer of hydrogen, but at present, hydrogen mainly comes from gray hydrogen (fossil fuel), but the by-product hydrogen in chemical process has low cost and large output, and matches with hydrogen energy demonstration cities, which is the most realistic hydrogen source in the short term; With the promotion of the carbon market, the demand for green hydrogen is gradually increasing. In the future, the production of green hydrogen from electrolytic water supporting large-scale photovoltaic power generation or wind power generation will become a trend. With the gradual application of hydrogen energy industry in automobile and industry, the utilization of hydrogen energy will gradually increase. Pay attention to the application of hydrogen by-product of propane dehydrogenation and ethane cracking. The development of green hydrogen industry will promote the demand for electrolytic cells and new energy equipment, and new energy operators will also benefit.
According to the action plan for accelerating the construction of fuel cell vehicle demonstration urban agglomeration in Guangdong 2021-2025, by 2025, Guangdong will build 200 hydrogen refueling stations with an annual hydrogen supply of more than 100000 tons, reduce the terminal price of vehicle hydrogen to less than 30 yuan / kg, and realize the goal of promoting more than 10000 fuel cell vehicles. China Securities Co.Ltd(601066) pointed out that hydrogen energy is one of the important carriers of energy revolution. It has broad application potential in using non fossil energy power and improving electrification rate, and is an important supplement to power. From the current situation to “peak” to “net zero”, the utilization scale of hydrogen is expected to increase more than three times, close to 100 million tons per year. The agency recommends that:
1) At a time when the industrial development is still in the introduction period, the strength and rhythm of policy support are very key, and the competition pattern is far from clear. Considering the high demand and direct promotion effect of industrial development policies on technological progress, investors are advised to pay attention to the targets with relatively obvious technological advantages: Beijing Sinohytec Co.Ltd(688339) , Shenzhen Center Power Tech.Co.Ltd(002733) , Dongyue Group (covered by the chemical group), Sinoma Science & Technology Co.Ltd(002080) , Houpu Clean Energy Co.Ltd(300471) .
2) Considering that hydrogen production from renewable energy is the mainstream technical route of hydrogen production in the future, investors are also advised to pay attention to the high-quality targets of photovoltaic, wind power and new power systems: Longi Green Energy Technology Co.Ltd(601012) , Ja Solar Technology Co.Ltd(002459) , Trina Solar Co.Ltd(688599) , Zhejiang Windey Co.Ltd(300772) , Ming Yang Smart Energy Group Limited(601615) , Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) , Jinlei Technology Co.Ltd(300443) , Dajin Heavy Industry Co.Ltd(002487) , Nari Technology Co.Ltd(600406) , Xj Electric Co.Ltd(000400) , China Xd Electric Co.Ltd(601179) , Sieyuan Electric Co.Ltd(002028) , Windsun Science Technology Co.Ltd(688663) , Guangzhou Zhiguang Electric Co.Ltd(002169) .
3) Considering the R & D investment and technical reserves of some vehicle enterprises and equipment enterprises in hydrogen fuel cell, it is also recommended that investors pay attention to Great Wall Motor Company Limited(601633) , Saic Motor Corporation Limited(600104) , Weichai Power Co.Ltd(000338) (vehicle group coverage), Moon Environment Technology Co.Ltd(000811) (mechanical group coverage), etc.
