In early trading today, A-Shares continued yesterday’s strength, continued to open higher and go higher, and the Shanghai composite index made up for Tuesday’s downward short jump gap; The gem index rose steadily, up more than 4%. 4500 stocks rose in the two cities.
on the disk, rare sectors of all industries rose, with real estate, chips, household products, hotels and restaurants among the top gainers
real estate stocks and debts Qi Biao
The whole real estate industry chain strengthened in early trading, and the real estate sector index rose by nearly 5% at one time. The half day transaction exceeded the whole day transaction yesterday, Suning Universal Co.Ltd(000718) , Tianjin Tianbao Infrastructure Co.Ltd(000965) , Seazen Holdings Co.Ltd(601155) and other stocks rose by 8% at the opening, while the real estate leader China Vanke Co.Ltd(000002) rose by 8%; The property management sector rose by more than 5%, the limit of Shenzhen Sdg Service Co.Ltd(300917) 20% and the limit of Shenzhen Worldunion Group Incorporated(002285) were also strong; The rental and purchase rights sector also rose sharply, and even the household goods, construction, building materials and other sectors related to the precision of real estate also rose strongly.
Hong Kong stocks and real estate sector soared collectively. The Hang Seng mainland real estate index soared by nearly 17% during the session, the largest one-day increase in history as of press time, Xuhui holding group soared by more than 58% during the session; Rongchuang China soared nearly 50%, the largest increase in history; E-House Enterprise Holdings also soared by more than 40% Xincheng development, country garden services, Longguang group, rongchuang services and other services all soared by more than 30% during the session; More than 20 shares, including time China Holdings, Zhengrong real estate and Shimao Group, rose by more than 20%
While the real estate sector rose sharply, it came into the view of investors due to the sharp decline in the early stage. The rise of real estate corporate bonds today is also remarkable. “16 rongchuang 07” soared by 41.38%, “20 Rongxin 01” rose by 31.11%, and “19 Shimao 01”, “20 rongchuang 02” and “21 rongchuang 01” all rose by more than 20%.
Since this year, favorable policies have been frequently issued in the real estate industry. According to the statistics of Zhongyuan Real Estate Research Institute, since 2022, China has issued real estate related policies nearly 80 times, including nearly 40 supportive policies to stabilize the real estate market.
In recent 2 days, the warm wind has been blowing frequently in national government departments. The cbcirc said that it will continue to improve the long-term mechanism of “stabilizing land prices, house prices and expectations”, actively promote the transformation of the development mode of the real estate industry, encourage institutions to carry out M & A loans in a stable and orderly manner, focus on supporting high-quality real estate enterprises to merge and acquire high-quality projects of difficult real estate enterprises, and promote the virtuous circle and healthy development of the real estate industry.
The Ministry of finance also stated that the pilot of real estate tax reform was carried out in accordance with the authorization of the Standing Committee of the National People’s Congress. Some cities have carried out investigation and preliminary research, but considering all aspects of the situation, they do not have the conditions to expand the pilot cities of real estate tax reform this year.
The general office of the Ministry of housing and urban rural development issued a notice on soliciting public opinions on the code for residential projects on March 15. This “residential project specification”, which has attracted public attention, is the third time to solicit opinions from the public. However, the expression that “residential buildings should be traded with the use area in the suite” only appears in the first code for residential projects for public comments. The words “residential buildings should be traded with the use area in the suite” are no longer found in the draft for comments of the second release of the code for residential projects. In the notice on soliciting public opinions on the code for residential projects issued on March 15, 2022, it is no longer mentioned that “residential buildings should be traded with the use area of the suite”.
Guosen Securities Co.Ltd(002736) believes that as long as the land market does not recover, the policy relaxation will not stop. Therefore, we firmly believe that after the mood is stable, the real estate stocks are still very worthy of investment. From the perspective of individual stocks, in the medium and short term, with the greater relaxation of policies in non restricted areas, the second tier leading real estate enterprises with more third and fourth tier cities will benefit more; In the medium and long term, with the withdrawal of the fast turnover mode from the historical stage and the repair of the long-term balance sheet of real estate enterprises, the leading real estate enterprises with stable operation and outstanding comprehensive strength will continue to benefit. Recommended Seazen Holdings Co.Ltd(601155) , Poly Developments And Holdings Group Co.Ltd(600048) , Gemdale Corporation(600383) .
chip stocks strengthened collectively
chip related industry chain also strengthened in the morning, with the lithography sector rising by more than 6% at the highest, and the half day transaction was close to the full day transaction yesterday, Shenzhen Rongda Photosensitive & Technology Co.Ltd(300576) 20% limit; Chip sector rose by more than 3%, and more than 10 shares such as Jiangsu Nata Opto-Electronic Material Co.Ltd(300346) rose by the limit or more than 10%; The semiconductor sector once rose nearly 4%, and Shanghai Anlogic Infotech Co.Ltd(688107) and other trading limits may rise by more than 10%
On the news side, the United States plans to hold a chip hearing on March 23. Maria Cantwell, chairman of the U.S. Commerce Commission, previously announced the hearing. The United States hopes that enterprises can make suggestions and suggestions for the development of next-generation technology. CEOs of Intel, micron and other companies will go to the U.S. Senate Commerce Committee to attend the hearing, mainly discussing semiconductor manufacturing and improving competitiveness.
In recent years, the global chip shortage has plagued enterprises in many fields, from smart phone manufacturers to consumer electronics companies to automobile manufacturers, forcing manufacturers including Toyota to repeatedly cut production.. Toyota once again said that due to the shortage of chips, Toyota’s Japanese factory will expand production reduction in March, and the second production line of fujimatsu factory of its subsidiary “Toyota body” will be shut down for eight days from March 22 to 25 and March 28 to 31. Fujitsu factory mainly produces “Noah” and “Voxy” models.
Just a few days ago, Toyota announced that it would cut its China production target from April to June this year by as much as 20%. To ease the pressure on suppliers, the company’s suppliers are currently dealing with the shortage of chips and other parts.
Volkswagen also said on March 15 that due to the shortage of chips, the company’s sales volume last year was 2 million fewer than originally planned. The company also warned that continued supply bottlenecks, rising commodity prices and Russia Ukraine conflict could hit its growth in 2022. Volkswagen CEO Herbert dis revealed that in view of the situation in Europe, Volkswagen will transfer its production capacity to China and the United States, and will give priority to China this year.
China’s chip industry has fully benefited from international industrial transfer and domestic substitution. The monthly business data disclosed by the industry leader Semiconductor Manufacturing International Corporation(688981) last week showed that from January to February this year, the operating revenue reached US $1.223 billion, a year-on-year increase of 59.1%, and the net profit reached US $309 million, a year-on-year increase of 94.9%. This week, the capital increased its positions in the North Semiconductor Manufacturing International Corporation(688981) more than 3 million shares. Last week, it increased its positions every day, accumulating an increase of nearly 30 million shares
In addition, China’s leading enterprises in many industries also cross-border layout of the chip industry. For example, Midea Group Co.Ltd(000333) recently said on the interactive platform that Shanghai Meiren semiconductor company, established by Midea in 2018, is involved in chip development in the fields of home appliances, industry, vehicle regulations, medical treatment and so on with technical standards of safety, reliability, adaptability and high cost performance. From 2020 to 2021, MCU chips will be mainly put into production, and mass production will begin in 2021. The annual mass production scale is about 10 million. In 2024, Midea will be able to realize mass production of automotive chips and will be first applied to the control of water pumps of new energy vehicles.
Ping An Securities said that under the background of “lack of core”, Chinese car manufacturers began to seek multi supplier strategy. Domestic chip manufacturers are facing market opportunities and are expected to make breakthroughs in the fields of vehicle power semiconductors, MCU, cockpit and autopilot SOC.
