There were 147 trading days during the year, with a turnover of more than trillion, which means that more than 60% of the trading days have a turnover scale of trillion.
Today, the turnover of the A-share market returned to below trillion, the main indexes fell across the board, and the Shanghai Composite Index fell below 3600 points. Wine, food and beverage, electricity sector fell by 2%, the wine index fell 4.67% in the first place, Anhui Yingjia Distillery Co.Ltd(603198) , Anhui Gujing Distillery Company Limited(000596) , Jiugui Liquor Co.Ltd(000799) all fell more than 7%, Baijiu Kweichow Moutai Co.Ltd(600519) dropped 4.54%.
As of the closing, the annual turnover of the A-share market (including delisting shares within the year) had reached 255.04 trillion yuan, officially exceeding 254 trillion yuan in 2015, a record high. Trillion transactions have become the new normal. According to the statistics of the securities times and databao, the transaction volume of 147 trading days in the year exceeded trillion, far exceeding 114 times in 2015, which means that more than 60% of the trading days have a transaction scale of trillion, which is the largest year in history.
For the hot transactions during the year, market participants generally believe that the active quantitative transactions during the year are the main reason for the soaring turnover. However, some insiders believe that quantitative trading is not the main reason for the expansion of turnover. Zhongtai Securities Co.Ltd(600918) Li Xunlei believes that increasing market differences and institutional position adjustment and stock exchange may be the main reasons. In addition, the gradual warming of personal investment enthusiasm may also have a significant impact on the amplification of transaction volume.
release of the “14th five year plan” for the development of raw material industry
On December 29, Chen Kelong, director of the raw material industry department of the Ministry of industry and information technology, said at a press conference that the Ministry of industry and information technology had prepared the “14th five year plan” for the development of raw material industry (hereinafter referred to as the “plan”), which was officially printed and distributed jointly with the Ministry of science and technology and the Ministry of natural resources. During the 14th Five Year Plan period, industry plans for petrochemical, chemical, iron and steel, non-ferrous metals and building materials will no longer be formulated separately, but the raw material industry will be integrated to make a plan. This is also the first time in history.
The development goal of the plan is to form 5-10 leading enterprises in the industrial chain with ecological leading power and core competitiveness. More than five world-class advanced manufacturing clusters have been formed in the field of raw materials.
The plan also proposes that by 2025, the production capacity of key raw materials and bulk products such as crude steel and cement will only be reduced but not increased, and the capacity utilization rate will remain at a reasonable level. The comprehensive energy consumption per ton of steel in the iron and steel industry decreased by 2%, the energy consumption per unit clinker of cement products decreased by 3.7%, and the carbon emission of electrolytic aluminum decreased by 5%. Study and establish a restraint mechanism to curb the expansion of excess capacity by means of carbon emission, pollutant emission and total energy consumption. We will implement normal peak shifting production of cement and explore the establishment of peak shifting production mechanism in iron and steel industries. Implement energy conservation review and strictly control the fuel coal consumption of major coal consuming industries such as petrochemical industry, steel industry and building materials.
The overall increase of raw material industrial stocks is 11 times that of the Shanghai index
According to the statistics of securities times · databao, among the raw material industry stocks, there are 563 stocks from four major industries such as chemical industry, steel, non-ferrous metals and building materials , and the market value of A-Shares is 8.88 trillion. The stock market has reached a scale of 100 billion, including Wanhua Chemical Group Co.Ltd(600309) , Zijin Mining Group Company Limited(601899) , Qinghai Salt Lake Industry Co.Ltd(000792) , China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) , Anhui Conch Cement Company Limited(600585) .
Since the beginning of this year, under the catalysis of the rising tide of commodity prices, the share prices and performance of the above raw material industries have won a win-win situation. The average increase of share prices during the year has reached 39.97%, 11.2 times that of the Shanghai stock index over the same period. 75 shares including Qinghai Salt Lake Industry Co.Ltd(000792) , Zangger mining, Guangdong Golden Glass Technologies Limited(300093) , Zhejiang Yongtai Technology Co .Ltd(002326) , Hoshine Silicon Industry Co.Ltd(603260) doubled in total.
Strong R & D is very important to maintain the competitiveness of listed companies. A lot of investment is needed in advanced technology and new materials. The total R & D expenditure of the above 563 shares in the first three quarters reached 93.1 billion yuan, accounting for 1.63% of the total revenue. The top five R & D expenditures of a single company are Baoshan Iron & Steel Co.Ltd(600019) , Hunan Valin Steel Co.Ltd(000932) , Maanshan Iron & Steel Company Limited(600808) , Citic Pacific Special Steel Group Co.Ltd(000708) , Shanxi Taigang Stainless Steel Co.Ltd(000825) .
According to the statistics of data treasure, among the stocks with R & D expenditure of more than 100 million yuan, 92 have R & D intensity (R & D expenditure accounting for the proportion of revenue) of more than 3%. The top five R & D intensity are Shanghai Sinyang Semiconductor Materials Co.Ltd(300236) , Hubei Dinglong Co.Ltd(300054) , Nbtm New Materials Group Co.Ltd(600114) , Weihai Guangwei Composites Co.Ltd(300699) , Phichem Corporation(300398) . Since December, according to the rough calculation of the average transaction price, Beishang capital has increased its holdings by more than 100 million yuan, including Baoshan Iron & Steel Co.Ltd(600019) , Yongxing Special Materials Technology Co.Ltd(002756) , Shandong Nanshan Aluminium Co.Ltd(600219) , satellite chemistry, Shanxi Taigang Stainless Steel Co.Ltd(000825) .
Which raw material industry stocks with high R & D intensity are most favored by institutions? According to the statistics of data treasure, among the raw material industry stocks with R & D intensity of more than 3%, 41 stocks have received more than 5 positive ratings from institutions; Among them, there are 21 stocks, and the institutions unanimously predict that the growth rate of net profit will exceed 20% in the next three years. Four stocks have doubled the average growth rate, namely Lianhe Chemical Technology Co.Ltd(002250) , Yongxing Special Materials Technology Co.Ltd(002756) , Hubei Dinglong Co.Ltd(300054) , satellite chemistry .
(data treasure)
