Closing comprehensive review
a shares:
On March 25, the three major A-share indexes fluctuated and fell. As of the close, the Shanghai index fell 1.17%, the Shenzhen composite index fell 1.89% and the gem index fell 2.52%. On the disk, Internet e-commerce, planting and forestry, small household appliances, aquaculture, pork, cloud games, metauniverse and other sectors led the increase; Hjt battery, cro concept, covid-19 detection, diamond cultivation, airport shipping, covid-19 treatment and other sectors led the decline.
Hong Kong shares:
The Hang Seng Index fell 2.47% and the Hang Seng technology index fell 4.98%. Internet technology stocks fell, the beep dropped by over 10%, Kwai fell by over 8%, the US group fell by over 8%, and Alibaba and Baidu fell by over 5%.
Asia Pacific Stock Market:
The Nikkei 225 index rose 0.14% and South Korea’s Kospi index fell 0.01%.
shushuo A shares:
1. The turnover of Shanghai and Shenzhen stock markets today is 918.3 billion.
2. On March 25, as of the closing of a shares, the statistics showed that the total net sales of northbound funds were 3.117 billion yuan, including 776 million yuan of Shanghai Stock connect and 2.341 billion yuan of Shenzhen Stock connect.
Hot spot focus
1. The State Council: complete the work related to the raising of financial stability guarantee fund by the end of September
The State Council issued opinions on implementing the division of key work in the government work report. The opinions put forward that we should consolidate local territorial responsibilities, departmental regulatory responsibilities and corporate main responsibilities, strengthen risk early warning, prevention and control mechanism and capacity-building, establish a financial stability guarantee fund, give full play to the role of deposit insurance system and industry guarantee fund, use market-oriented and legalized methods to resolve potential risks, effectively respond to external shocks, and firmly hold the bottom line of no systemic risks. We will continue to raise financial stability funds by the end of September.
2. Guangdong: accelerating the high-quality development of Guangdong’s Prefabricated vegetable industry
The general office of Guangdong Provincial People’s government issued the “ten measures to accelerate the high-quality development of Guangdong prefabricated vegetable industry”, which proposed to give full play to the advantages of Guangdong characteristic agriculture and Guangdong cuisine brand, and promote the centralized entry and development of prefabricated vegetable industry enterprises and supporting enterprises upstream and downstream of the industrial chain. Support the construction of science and technology platform and import and export platform of prefabricated vegetable industrial park. Encourage the development of prefabricated vegetable industry in the old Soviet Area, promote the integration of industrial parks in the old Soviet Area and modern agricultural industrial parks, and form policy superposition advantages. Promote the construction of Zhaoqing high-profile prefabricated food industry highland, Zhanjiang aquatic prefabricated Food City, Maoming coastal seafood prefabricated food industry park, Guangzhou Nansha prefabricated food import and export trade zone, Foshan Nanhai Shunde prefabricated food international city, Chaozhou prefabricated food world food capital, Jiangmen global overseas Chinese prefabricated food distribution center and Meizhou, Heyuan and Huizhou Hakka prefabricated food industry cluster, so as to drive the high-quality development of Guangdong prefabricated food industry.
3. Dan bin responded to the suspected short position of hundreds of products under his banner: every major decision is not easy
On the morning of March 25, Dan bin, chairman of Shenzhen Oriental Harbor Investment Management Co., Ltd., responded to the report of “suspected short positions” through his personal microblog, saying that the report was written objectively. In fact, every major decision is not easy. We have to pay considerable “mind” and bear the corresponding consequences and outcomes. “From February 2021 to February 2022, our A-share and Hong Kong stock investment has been very bad for a whole year”.
4. China Securities Association held the regular meeting of chief economists of securities fund industry in the first quarter of 2022
On March 24, China Securities Association held the regular meeting of chief economists of securities fund industry in the first quarter of 2022. The experts suggested that the real estate policy should be adjusted appropriately according to the overall requirements of stable growth, strengthen supply side reform, stabilize real estate investment and expectations, and promote the virtuous circle and healthy development of the real estate industry. Give play to the leading role of manufacturing industry in economic development, stabilize the supply chain of manufacturing industry, and increase support for digital development and the implementation of “double carbon” policy.
5. China Banking and Insurance Regulatory Commission: promote financial institutions to reduce real loan interest rates and fees
A spokesman for the China Banking and Insurance Regulatory Commission answered reporters’ questions. In the next step, the China Banking and Insurance Regulatory Commission will guide financial institutions to accurately grasp credit policies. For industries and small, medium and micro enterprises that are greatly affected by the epidemic but are willing to repay and have strong employability, the China Banking and Insurance Regulatory Commission will relieve difficulties by means of loan renewal and extension, so as to avoid industrial loan restriction, loan withdrawal and loan interruption. We will promote financial institutions to reduce real loan interest rates and charges, so that the majority of market participants can feel that the comprehensive financing cost is actually falling.
6. Shenzhen issued several measures to further help market entities to relieve difficulties
The Shenzhen Municipal People’s government issued a notice on several measures to further help market entities to alleviate the covid-19 pneumonia epidemic. The circular pointed out that the scope of the reduction of “six taxes and two fees” should be expanded. The resource tax, urban maintenance and construction tax, real estate tax, urban land use tax, stamp tax (excluding securities transaction stamp tax), cultivated land occupation tax, education surcharge and local education surcharge will be reduced by 50%. The applicable subjects will be expanded from small-scale VAT taxpayers to small low profit enterprises and individual industrial and commercial households.
Company news
1. Weilai Li Bin: there is no idea of raising the price at present, and the annual gross profit target is 18-20%
On March 25, Li Bin, chairman of Weilai, said at the fourth quarter and annual financial report meeting that Weilai has not raised the price at present, and there is no idea of raising the price at present. Next, we will see whether the pricing policy is adjusted according to the market situation. Weilai began to use ternary iron lithium battery in the fourth quarter of last year. Due to the cost advantage, it helped to improve the automobile gross profit. In addition, the improvement of sales volume also played a role in sharing the cost, but the rise of power batteries and bulk products had a negative impact on the gross profit. Considering the price rise of raw materials, the annual gross profit target is still set at 18-20%.
2. Wanlang magnetic plastic: the latest US extended exemption list includes refrigeration display cabinets, and the tariff exemption has a positive impact
Wanlang magnetoplastic (603150) said on the interactive platform today that the latest US extended exemption list includes refrigeration display cabinets. The accessories produced by the company are applied to customers’ refrigeration display cabinets, and the tariff exemption can have a positive impact.
3. Meituan: revenue of 179.13 billion yuan in 2021
Meituan: the revenue in 2021 was 179.13 billion yuan, compared with 114795 billion yuan in the same period last year.
4, Befar Group Co.Ltd(601678) : it is proposed to repurchase shares with RMB 50 million-100 million
Befar Group Co.Ltd(601678) ( Befar Group Co.Ltd(601678) ) on March 25, it was announced that the company planned to repurchase shares with 50 million yuan to 100 million yuan for employee stock ownership plan or equity incentive. The repurchase price shall not exceed 10 yuan / share.
5, Valiant Co.Ltd(002643) : the net profit in the first quarter increased by 59.38% – 89.74% in advance, and the sales of covid-19 antigen rapid detection kit increased year-on-year
Valiant Co.Ltd(002643) ( Valiant Co.Ltd(002643) ) released the performance forecast on March 25. It is estimated that the net profit attributable to the parent company in the first quarter of 2022 will be 210250 million yuan, with a year-on-year increase of 59.38% – 89.74%. The sales of MP biomedicals, LLC covid-19 antigen rapid detection kit, an overseas subsidiary of the company, increased year-on-year in the first quarter of 2022, thus realizing the corresponding growth of performance. The company’s sales of functional materials increased year-on-year in the first quarter of 2022, thus realizing the corresponding growth of performance.
6, Jiangxi Ganyue Expressway Co.Ltd(600269) : the actual controller will be changed to Jiangxi SASAC
Jiangxi Ganyue Expressway Co.Ltd(600269) ( Jiangxi Ganyue Expressway Co.Ltd(600269) ) announced on March 25 that Jiangxi Provincial People’s government plans to transfer 90% of the equity of Jiangxi Provincial Transportation Investment Group held by Jiangxi Provincial Department of transportation to Jiangxi state owned capital operation Holding Group Co., Ltd. free of charge; After the completion of this major event, the direct controlling shareholder of the company will remain the provincial communications investment group, the indirect controlling shareholder will be changed to Jiangxi state-controlled, and the actual controller will be changed to Jiangxi SASAC.
