Today (March 29), the first day of the day (March 29), the first day of the three child concept sector was a high opening in the early morning session, and then it was back in the intraday. As for the individual stocks, as of the closing date, the concept of the concept of the three child concept sector was a high opening in the early morning session, and then it was a high opening in the early session, and then it was a fall back in the intraday. As for the end of the closing, the Poten Environment Group Co.Ltd(603603) 6034343439 6 and other stocks were among the top gainers.
Note: performance of three child concept stocks today (closing on March 29)
birth incentive policies have been implemented, and the maternal and infant industry has ushered in development
According to the news, recently, the State Council issued a notice on the establishment of a special additional deduction of personal income tax for the care of infants and young children under the age of 3. The relevant expenses of taxpayers for the care of infants and young children under the age of 3 will be deducted according to the standard quota of 1000 yuan per month for each infant and young child, and the deduction will be implemented from January 1, 2022. The analysis pointed out that the special additional deduction of personal income tax will be the improvement and extension of the previous fertility incentive policy, help to further reduce the fertility cost of residents, so as to improve the fertility willingness, superimpose the previous combination of “double reduction” and housing security, and China’s birth rate is expected to return to a higher level in the medium and long term.
In recent years, China’s fertility incentive policy has been continuously promoted. During the two sessions in 2022, encouraging fertility has also become a key topic. Among them, the government work report clearly pointed out that it is necessary to improve the supporting measures of the three child fertility policy, include the care expenses of infants under the age of 3 into the special additional deduction of personal income tax, develop inclusive childcare services and reduce the burden of family rearing. At the same time, during the two sessions, the number of proposals and suggestions on encouraging fertility doubled over last year, reflecting the general concern of all sectors of society about fertility and people’s livelihood.
Guosen Securities Co.Ltd(002736) pointed out that with the introduction and active implementation of the follow-up supporting policies of the three child policy, China’s maternal and infant industry market is expected to usher in development although the market is generally worried about the decline of the birth rate, with the unprecedented major changes in policies to support fertility and the general trend of consumption upgrading, it will promote the industries related to mothers and infants at the same time, consumption upgrading is also driving the development of the industry. Over the past 10 years, the per capita disposable income of Chinese residents has been expanding, exceeding 35000 yuan in 21 years. With the increase of income and the increasing attention of families to childcare, the consumption frequency and unit price of maternal and infant products continue to increase.
maternal and infant market structure is improved, and attention is paid to the leaders of relevant segments
Due to favorable policies, many three child concept stocks were closed today. Among them, the elderly gas stock Dalian My Gym Education Technology Co.Ltd(002621) has strengthened continuously recently. As of today’s closing (March 29), the cumulative increase in nearly 10 trading days was 23.2%. The chain retailer Shanghai Aiyingshi Co.Ltd(603214) of mother and baby products and services also rose strongly today. Previously, the company said that its nursery center has been officially put into operation and successfully completed the initial enrollment work. Among the other stocks that rose in the limit, Innovation Medical Management Co.Ltd(002173) , Everjoy Health Group Co.Ltd(002162) , Guizhou Sanli Pharmaceutical Co.Ltd(603439) and other stocks covered the fields of mother and baby related medical treatment or services.
Guosen Securities Co.Ltd(002736) pointed out that under the continuous policy catalysis and the general trend of consumption upgrading, it is expected that the scale of the mother and baby market is still expected to achieve structural improvement in the future, and the leaders of relevant subdivided mother and baby tracks are expected to further benefit. 1) In the field of mother and child retail, it is suggested to pay attention to Kidswant Children Products Co.Ltd(301078) and Shanghai Aiyingshi Co.Ltd(603214) with channel expansion ability, digital operation advantages and membership system construction; 2) It is suggested to build a leading brand in the field of motherhood and infant care.
In addition, for other tracks that are expected to benefit from linkage, Sinolink Securities Co.Ltd(600109) believes that China’s demand for multiple births will be released as the birth policy continues to be relaxed, and infant related products are expected to benefit directly in the short term, among which FMCG will benefit more than durable consumer goods (durable goods can be shared by multiple births), such as infant milk powder, skin care products , etc, Followed by infant clothing and other related retailers and the improvement demand for large family housing will also increase. In the medium and long term, with the increase of the age of newborns, the population of children and adolescents will increase accordingly, children’s toys, entertainment consumption of young consumers etc. will also benefit.
