[ midday review strategy]
The three major indexes adjusted in early trading, and the gem index led the decline. As of midday closing, the Shanghai index fell 0.22%, the Shenzhen composite index fell 0.95% and the gem index fell 1.38%.
In terms of sectors, building energy conservation, NMN concept, coal, tourism and other sectors led the increase, while electronic ID card, real estate services, hjt battery, digital currency and other sectors led the decline.
On the disk, construction stocks raised the limit tide, and many related sectors rose sharply. GEM stocks Shanghai Hyp-Arch Architectural Design Consultant Co.Ltd(301024) , Jiangsu Jingxue Insulation Technology Co.Ltd(301010) and other stocks rose the limit. The coal sector strengthened intraday, Liaoning Energy Industry Co.Ltd(600758) , Zhengzhou Coal Industry & Electric Power Co.Ltd(600121) limit. The power sector surged stronger, and many stocks such as Hunan Chendian International Development Co.Ltd(600969) , China Southern Power Grid Energy Efficiency&Clean Energy Co.Ltd(003035) and so on rose by the limit.
Overall, individual stocks rose more and fell less, with more than 2600 stocks rising in the two cities. The half day turnover of Shanghai and Shenzhen stock markets reached 564.7 billion, a decrease of 246.2 billion compared with the morning of the previous trading day.
[message side]
1. National development and Reform Commission: the number of medium and long-term contracts signed by coal enterprises should reach more than 80% of their own resources
The national development and Reform Commission recently issued a notice and held a mobilization and deployment meeting to arrange for special verification of the signing and performance of medium and long-term coal contracts by local and central enterprises in 2022. The notice requires that all localities and relevant enterprises should conduct self-examination and sorting according to the requirements of the signing performance policy, and those that do not meet the requirements should be rectified as soon as possible. Medium and long-term contracts should be fully signed. The number of medium and long-term contracts signed by coal enterprises should reach more than 80% of their own resources, and the annual coal consumption of power generation and heating enterprises should achieve full coverage of medium and long-term supply and demand contracts. To sign medium and long-term contracts, each medium and long-term coal contract must specify the price level or implement the price mechanism within a reasonable range. It is necessary to standardize the signing of medium and long-term contracts. Each contract should clarify the contract quantity, quality, term, flow direction, mode of transportation, liability for breach of contract, dispute resolution and other elements. Contract performance shall be strictly enforced. All contracts signed shall be entered into the online platform of the national coal trading center for supervision, and the performance shall be submitted online every month. Flexibility, discount and fraud are not allowed.
