Education industry
China’s education index rose or fell – 6.07% this week. Stocks with large gains and losses were: Jiangsu Chuanzhiboke Education Technology Co.Ltd(003032) (+ 5.11%), Xueda (Xiamen) Education Technology Group Co.Ltd(000526) (+ 4.28%), Tianli Education (- 61.26%), Youdao (- 26.97%), gaotu group (- 23.63%), tal (- 18.56%) and Huaxia audio visual education (- 16.67%).
Viewpoint: 1) on the whole, the education industry still maintains a cautious attitude, and the regulatory policies for education are still issued one after another (the regulatory documents for non disciplinary training are released this week). The opportunities mainly come from the individual stock level, mainly due to the reversal of difficulties brought by the transformation. 2) In addition, Yu Minhong believes that the company’s business transformation from the bottom level of human resources and the new discipline of K0 to the bottom level of human resources is expected to be paid more attention to. In addition, it is expected that the company’s business transformation from human resources and the new discipline of K0 to the bottom level of human resources and the new discipline of K0 will be realized on December 31. In addition, it is worth paying attention to Material resources and other factors remain strong.
Wine travel catering
This week, the hotel catering and leisure (Changjiang) / Consumer Service HK (CITIC) index rose or fell by – 0.50% / – 4.80%. Stocks with large gains and losses were: China United Travel Co.Ltd(600358) (+ 17.89%), Haichang Ocean Park (+ 10.53%), Btg Hotels (Group) Co.Ltd(600258) (+ 9.43%), Caissa Tosun Development Co.Ltd(000796) (+ 9.27%), Naixue tea (- 10.24%), Yihai International (- 9.54%), sipping (- 9.39%) and jiumaojiu (- 9.04%).
Viewpoint: 1) repeated epidemics in many local places and stricter epidemic prevention policies have limited travel, and the catering and wine travel industry is still affected. 2) In the medium and long term, with the increase of vaccination rate and the listing of covid-19 specific drugs, and the gradual relaxation of entry-exit restrictions in some overseas countries and regions, the industry is expected to recover.
Beauty care
The beauty care (Shenwan) index rose or fell by – 0.88% this week. There is a big drop, with big difference. The shares are respectively: Liuzhou Liangmianzhen Co.Ltd(600249) ‘\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\(- 5.84%), Mingchen Health Co.Ltd(002919) (- 5.36%).
Viewpoint: 1) from the perspective of the industry as a whole, with the improvement of consumers’ recognition of domestic products and the strength of domestic cosmetics products, the domestic cosmetics industry still has high growth. 2) At present, the cosmetics and medical beauty industry has entered the era of strict supervision, the industry differentiation will be further intensified, and the leading brands are expected to further consolidate their head advantages.
