daily selection
China Central Television: Li Keqiang presided over the executive meeting of the State Council, determined the division of key tasks in the government work report, required solid and strong implementation, and promoted the steady operation of the economy while climbing over the slope and over the ridge. The meeting stressed that the current economy is facing new downward pressure and more difficulties and challenges. We should implement the deployment of the CPC Central Committee and the State Council, coordinate epidemic prevention and control and economic and social development, strengthen periodic regulation, give more prominence to steady growth, deepen reform and opening up, and strive to complete the objectives and tasks of the whole year. Closely track the changes in the international situation, the trend of bulk commodities and their impact on China, improve response measures, and ensure that economic growth, employment and prices are stable within a reasonable range. [details]
surging news: song Xiaohui, deputy director of Jilin Provincial Department of industry and information technology, said at the press conference that Jilin Provincial Department of industry and information technology urgently communicated with antigen reagent manufacturers such as Beijing Beijing Hotgen Biotech Co.Ltd(688068) , Guangzhou Guangzhou Wondfo Biotech Co.Ltd(300482) and ordered 12 million antigen detection reagents nationwide in a short time through the National Health Commission and other channels, On the 13th, 36000 copies of antigen reagents were delivered to Jilin University. [details]
financial Associated Press: the reporter learned from a person close to the joint procurement office of high-value medical consumables organized by the state (“joint procurement”) that at present, Tianjin pharmaceutical procurement center only maintains the product information of covid-19 antigen detection reagent, “select the opportunity for centralized procurement when the enterprise’s production capacity is up, the market supply is sufficient and the supply exceeds the demand”. [details]
macro economy
financial Associated Press: Xiao Yaqing, secretary and Minister of the Party group of the Ministry of industry and information technology, presided over the enlarged Party group meeting on the 14th. The meeting stressed the need to coordinate development, supervision and security, solidly promote the construction of new infrastructure such as 5g, industrial Internet and data center, accelerate the industrialization and large-scale application of digital technology, improve the level of industry supervision and security, and promote the sustainable growth of digital economy. [details]
Xinhua News Agency: reporters learned from the national development and Reform Commission on the 14th that the State Council recently approved the “master plan for recovery and reconstruction after severe rainstorm and flood disasters in Zhengzhou, Henan Province”, which made it clear that after one year’s efforts, the restoration of water conservancy projects damaged by floods, the repair and reinforcement of damaged houses and the reconstruction of the original site of self built houses by rural residents that affect flood control will be basically completed, Transportation, energy, communications and other infrastructure, as well as the support capacity of education and medical and health services, have basically recovered to the pre disaster level. [details]
first finance and Economics: from January to February 2022, the actual amount of foreign capital used in China was 243.7 billion yuan, a year-on-year increase of 37.9% (equivalent to 37.86 billion US dollars, a year-on-year increase of 45.2%; excluding banking, securities and insurance). In terms of industry, the actual amount of foreign capital used in the service industry was 175.7 billion yuan, a year-on-year increase of 24%. [details]
financial Associated Press: Guangdong Provincial People’s government issued a notice on printing and distributing the key task division plan of the provincial government work report in 2022, which mentioned accelerating the construction of Guangzhou artificial intelligence and digital economy experimental zone and promoting the pilot settlement of digital RMB. Implement the regulations of China Singapore Guangzhou Knowledge City and build a national knowledge center with national influence. [details]
industry trends
first finance and Economics: the reporter learned that some ticket agents have received the notice from China Eastern Airlines. For Chinese tickets with a ticket date before March 20, 2022 (inclusive) and a flight date between March 14, 2022 (inclusive) and April 17, 2022 (inclusive), there is no change fee or refund fee. [details]
national development and Reform Commission: spring ploughing fertilizer supply is related to ensuring farmers’ demand for grain and fertilizer and realizing the annual grain production goal. The national development and Reform Commission and the Ministry of Finance jointly arrange a certain scale of commercial reserves of chemical fertilizer every year and put them in time to meet the fertilizer needs of the market. Since March this year, the first batch of more than 3 million tons of spring ploughing fertilizer reserves in 2022 has been put on the market. With the spring ploughing advancing from south to north, a large number of reserve chemical fertilizers will be put on the market in succession to ensure the fertilizer needs of agricultural production in key periods such as spring ploughing. Next, the national development and Reform Commission will pay close attention to the situation of the fertilizer market and continue to do a good job in ensuring supply and price stability, such as the release of reserve fertilizer, together with relevant parties. [details]
China Securities News: on March 14, the state Internet information office again solicited public opinions on the regulations on the protection of minors’ networks (Draft for comments). It is worth noting that since August 2021, the regulation has introduced a number of measures for the game industry around the protection of minors. At that time, the “strictest” game supervision order in history was issued, and great progress was made in preventing addiction. At this year’s two sessions, relevant representatives and members also put forward suggestions and views on the anti addiction work of games. [details]
Securities Daily: due to the repeated epidemic in China, Foxconn announced on March 14 that the production of its Chinese headquarters in Shenzhen was suspended. The shutdown of the factory may mean that Apple’s iPhone shipments will be affected. [details]
stock market focus
first finance and Economics: Ganfeng Lithium Co.Ltd(002460) announcement: from January to February, the company achieved an operating revenue of about 3.6 billion yuan, an increase of about 260% year-on-year; The net profit attributable to the shareholders of the listed company was about 1.4 billion yuan, an increase of about 300% year-on-year; After deducting non recurring profits and losses, the net profit attributable to shareholders of listed companies was about 1.8 billion yuan, an increase of about 1000% year-on-year. [details]
financial Associated Press: as of the closing, jusailong rose 157.67% on the first day, while silinjie, another new share, fell 23.67%, becoming the second new share to break on the first day after Han’s CNC since the Spring Festival (except the Beijing stock exchange). As for the new strategy, Huajin Securities pointed out that due to the rapid release of recent risks in the A-share market and the relatively higher investment willingness of near end new shares compared with other sectors since February, the premium of near end new shares is more prominent than that of A-shares; Therefore, we tend to think that there are more opportunities for new shares, which will still be dominated by local activity. It is suggested to layout around the batch of new shares with relatively stable issuance and pricing recently.
[details]
China Securities News: after trading on March 14, Boshi Fund pointed out that on March 14, A-Shares made a collective correction again, but the medium and long-term positive trend of A-Shares remained unchanged under the condition of no essential bad economic fundamentals and relatively friendly policies and liquidity. The high-quality leading enterprises in new energy, science and technology, advanced manufacturing and other sectors benefiting from economic transformation still have good investment value. [details]
financial Associated Press: boosted by the good news, covid-19 detection sector raised the limit wildly on the 11th day, and covid-19 detection sector rose against the market in the weak market of low opening and low going on the 14th, and relevant concept stocks were also collectively active. Concept stocks danced in the wind, and the demand for antigen detection industrial chain broke out in an all-round way. As soon as the plan was published, nearly 30 securities companies released dozens of research reports for follow-up interpretation, and topics such as market scale prediction triggered a “hundred schools of thought contend”. From the perspective of securities analysts, the market scale of antigen detection in China is at least 10 billion. How to invest in relevant industrial chains? In addition to paying attention to the listed companies whose antigen detection products have been approved at present, the demand elasticity of upstream supply chain and downstream sales channels has also been mentioned many times in the research report. The long-term logic behind it, such as certificate obtaining ability, production capacity and channel sales, deserves attention. [details]
subscription of new shares: Xingtong shares
new bond subscription: Hongfeng convertible bond and ALA convertible bond
IPO: Lihang technology, softcom power and Gaoling information
new bond listing: double arrow convertible bond
corporate news
Jiangsu Sinopep-Allsino Biopharmaceutical Co.Ltd(688076) : company did not provide covid-19 drug intermediate to yanyeyi pharmaceutical of Japan
The continued impact of sales of Nanjing Vazyme Biotech Co.Ltd(688105) New Coronavirus antigen test kit on the company’s future performance is not yet specific.
Netac Technology Co.Ltd(300042) : company temporarily stops production in the plant affected by the epidemic
Shanghai M&G Stationery Inc(603899) : company’s securities abbreviation is proposed to be changed to Chenguang shares
Sinofibers Technology Co.Ltd(300777) : signed an order contract for carbon fiber and carbon fiber fabric of RMB 2.169 billion
Suzhou Goldengreen Technologies Ltd(002808) : controlling shareholders and persons acting in concert intend to reduce their holdings by no more than 3%
Giantec Semiconductor Corporation(688123) : shareholder Yiding investment plans to reduce its holdings by no more than 2%
Guanghui Energy Co.Ltd(600256) : carbon dioxide capture, pipeline transportation and oil displacement integration project was officially started
Foxconn Industrial Internet Co.Ltd(601138) performance express: net profit of 20.01 billion yuan in 2021, with a year-on-year increase of 14.8%
Zhejiang Jingxing Paper Joint Stock Co.Ltd(002067) performance express: net profit of RMB 441 million in 2021, with a year-on-year increase of 41.51%
Jiangsu Phoenix Publishing & Media Corporation Limited(601928) performance express: net profit in 2021 was 2.423 billion yuan, with a year-on-year increase of 51.86%
Anhui Kouzi Distillery Co.Ltd(603589) performance express: net profit in 2021 was 1.727 billion yuan, with a year-on-year increase of 35.37%
Cecep Solar Energy Co.Ltd(000591) performance express: net profit in 2021 increased by 14.87% year-on-year
Luxshare Precision Industry Co.Ltd(002475) performance express: net profit of 7.072 billion yuan in 2021, down 2.12% year-on-year
data list
The Shanghai and Shenzhen stock markets saw a trend of two hundred million yuan, while the Shanghai and Shenzhen stock markets saw a net decline of 14.5 billion yuan. As of the close, the Shanghai index fell 2.61%, the Shenzhen composite index fell 3.08% and the gem index fell 3.56%. On the disk, electronic ID card, covid-19 medicine, aviation and other sectors led the increase; Hotel catering, tourism, wine and other sectors led the decline.
Hong Kong stocks: Hong Kong’s Hang Seng Index fell 4.97%, the largest one-day decline since May 2020 and fell below the 20000 point mark for the first time since 2016. The Hang Seng technology index fell 11.03%, the largest one-day decline on record. After returning to Hong Kong, the overall stocks fell sharply. Xiaopeng automobile fell by more than 22%, ideal automobile fell by more than 19%, BiliBili fell by more than 19%, meituan fell by more than 16%, JD fell by more than 14%, Alibaba fell by more than 10% and Tencent fell by more than 9%.
Shanghai Shenzhen Hong Kong stock connect: march 11, statistics showed that the total net sales of northbound funds were 14.408 billion yuan, a new high since January 27. Among them, the Shanghai Stock connect sold a net 7.268 billion yuan and the Shenzhen Stock connect sold a net 7.141 billion yuan. Among the top ten traded stocks, the top two in net purchases are Luxshare Precision Industry Co.Ltd(002475) , Muyuan Foods Co.Ltd(002714) , with net purchases of 288 million yuan and 209 million yuan respectively. The top three net sales were Kweichow Moutai Co.Ltd(600519) , China Tourism Group Duty Free Corporation Limited(601888) , and China stock market news, with net sales of 1.556 billion yuan, 802 million yuan and 667 million yuan respectively.
dragon and tiger list: on March 14, the largest net capital inflow was Shanghai Fosun Pharmaceutical (Group) Co.Ltd(600196) , which was 777 million yuan. Data show that the stock rose 9.14% during the day and 21.46% in the past three days. The net inflow of funds into the top seat of Shanghai Stock connect was 105 million yuan on the third day. A total of 28 stocks were involved in the institutional participation in the dragon and tiger list, of which 7 were net bought by the institution, and Yonghui Superstores Co.Ltd(601933) was the most bought, amounting to 421 million yuan. In addition, 21 shares were net sold by institutions, and Nanjing Vazyme Biotech Co.Ltd(688105) was sold the most, amounting to 338 million yuan.
margin trading : as of March 11, the balance of Shanghai and Shenzhen stock markets was 170736 billion yuan, a decrease of 4.954 billion yuan compared with the previous trading day.
Among them, the financing balance was 1613372 billion yuan, a decrease of 6.115 billion yuan compared with the previous trading day; The balance of securities lending was 93.988 billion yuan, an increase of 1.161 billion yuan over the previous trading day.
Shibor : Shibor reported 2.0630% overnight, up 1.2 basis points; Shibor reported 2.1040% in 7 days, up 0.2 basis points; Shibor reported 2.3620% in three months, unchanged from the previous day
foreign exchange
On March 14, the central parity rate of RMB was reported at 6.3506, down 200 points, and the central parity rate of the previous trading day was reported at 6.3306 The onshore RMB closed at 6.3598 against the US dollar on March 14, down 370 points from the previous trading day
property market observation
surging news: on March 14, according to the report released by Kerui Research Center, a total of 2111 residential land transactions were made in 22 cities with centralized land supply in 2021 after three rounds of centralized land supply. As of February 9, 2022, only 21% had been started, and another 80% of the plots had not been started, and 7% of the plots that had not been started were still in the process of relocation or were not relocated, The land has not reached the state of land leveling, and such plots are less likely to enter the market in 2022. [details]
China News Network: according to the dynamic monitoring report of Guangzhou residential rent in February released by Guangzhou real estate intermediary Association on the 14th, compared with January, the overall trading volume of Guangzhou residential rental market in February increased by 7.38%, and the rent also increased. [details]
International Information
interface news: the Japanese government has begun to discuss the target of Japanese enterprises producing batteries around 2030. In addition, it will also enrich the support for ensuring the material of metal resources and raise the upper limit of government investment in mining projects. Focus on decarbonizing society and promote Japan’s industrial competitiveness. [details]
CCTV news client: on the 14th local time, the Minister of agriculture of Ukraine, Roman leshchenko, said in an interview that the supply of chemical fertilizer for sowing in Ukraine this year was 84% and the supply rate of seeds was 78%. At this stage, the fuel of agricultural machinery is extremely scarce. He also said that due to the cold spring in Ukraine, the best sowing date this year is expected to be from April to May. For doubts about food security, he believes that it is too early to make such an assessment. The key is to see the development of the conflict between Russia and Ukraine. [details]
futures market
China Futures: China commodity futures closed generally lower, with coking coal down nearly 10%, palm oil and coke down more than 7%, asphalt and pulp down more than 5%, PP and Zhengchun down more than 4%, apple and plastic down more than 3%, fuel oil and PVC down more than 2%, Huyin and rapeseed meal down more than 1%, Shanghai copper and Shanghai lead down slightly; Only a few varieties such as peanut and urea rose.
International Futures: wti crude oil futures closed down 8.57% to US $103.01/barrel; Brent crude oil futures fell 5.12% to $106.90 a barrel. COMEX April gold futures fell 1.2% to US $196080/oz
overseas index
US stock market: the three major stock indexes of New York stock market rose or fell on the 14th, among which the Dow rose 0.003%, the S & P fell 0.74% and the NASDAQ fell 2.04%.
European stock markets: major European stock indexes closed generally higher, with Germany’s DAX30 index up 2.35%, Britain’s FTSE 100 index up 0.59% and France’s CAC40 index up 1.92%.
Asia Pacific Stock Market: Nikkei 225 index closed up 0.58% to 2530785 points. South Korea’s Kospi index closed down 15.63 points, or 0.59%, at 264565.
