Today (April 1), A-Shares opened low and went high. The Shanghai index approached the integer mark of 3300 points, and the Shenzhen Composite Index performed strongly. On the disk, in terms of industries, shipping ports, tourism hotels, games, airports, real estate, banking, brewing, securities, insurance and other industries led the rise; Traditional Chinese medicine, decoration, power supply equipment, communication equipment, motor and other industries led the decline. In terms of theme stocks, NFT concept, tax-free concept, virtual digital human, online tourism, cloud games, film and television concept led the rise; Covid-19 drugs, super fungi, heparin concept, traditional Chinese medicine concept, cro and industrial marijuana decreased the most.
\ soared by nearly 8%
The real estate sector was active again in the session on April 1. As of press time, Yang Guang Co.Ltd(000608) , Cinda Real Estate Co.Ltd(600657) , Shenzhen Properties & Resources Development (Group) Ltd(000011) , Shahe Industrial Co.Ltd(000014) , Cccg Real Estate Corporation Limited(000736) , China Fortune Land Development Co.Ltd(600340) and other more than 10 shares rose by the limit, and China Vanke Co.Ltd(000002) rose by nearly 8%. On the news side, China Vanke Co.Ltd(000002) recently announced that the company plans to use self raised funds to repurchase part of the company’s A-share shares in the form of centralized bidding transaction, with a repurchase amount of no more than 2.5 billion yuan and no less than 2 billion yuan, and a repurchase price of no more than 18.27 yuan / share. The purpose of repurchase is necessary to maintain the value of the company and shareholders’ equity, and all the shares repurchased will be used for sale.
The company also announced that Yu Liang, chairman of the board of directors, the chairman of the board of supervisors, Zhu Jiusheng, director, President and CEO, Wang Haiwu, employee representative director, que Dongwu, employee representative supervisor, Han Huihua, executive vice president and financial person in charge, Liu Xiao, executive vice president and chief operating officer, and Zhu Xu, Secretary of the board of directors, plan to increase their holdings of A-Shares of the company within 6 months from the date of announcement, The total increase amount will not be less than 20 million yuan (i.e. the total amount of after tax cash remuneration obtained by each person from the company in 2021), and the increase price will not exceed 18.27 yuan / share.
The annual report disclosed by the company shows that in 2021, the company achieved an operating revenue of 45279777397414 yuan, a year-on-year increase of 8.04%; The net profit attributable to the shareholders of the listed company was 2252403338322 yuan, a year-on-year decrease of 45.75%; The basic earnings per share is 1.94 yuan / share. The company’s dividend distribution plan for 2021 is: Based on the total share capital on the equity registration date when the dividend distribution is implemented, the company plans to pay a total cash dividend of 1127662187375 yuan (including tax) in 2021, accounting for 50.06% of the net profit attributable to shareholders of Listed Companies in the company’s consolidated statements in 2021. If the total number of shares of the company at the end of 2021 is 11625383375, a cash dividend of 9.7 yuan (including tax) will be distributed for every 10 shares.
Vanke pointed out in its annual report that the performance in 2021 is a wake-up call for Vanke. In 2022, resolute and targeted actions will be taken to solve the problems existing in the development business, consolidate the first mover advantage in the comprehensive development of real estate, ensure financial security, and realize the stabilization and recovery of operating revenue and net profit.
Sound operation and maintaining a healthy financial situation are always the bottom line objectives of the company. This year, we will continue to strengthen cash flow management, continue to optimize debt structure and financing costs, and adhere to the “green grade” and the industry’s leading credit rating.
Business development will turn the tide. Led by the development and operation headquarters, the company promotes the construction of “one game of chess” of the group and solves the problems of decentralized capacity and unstable trading performance. Formulate general standards in key areas, pull through the mature internal practices of the company, promote the serialization and standardization of products, fully promote the transformation from “advantages” to “advantages”, improve the quality and efficiency of the transformation from resources to performance, and stabilize the income level of the project. Strictly manage the investment and concentrate the investment in areas with more stable market and stronger team trading ability. Be alert to impetuous and aggressive emotions and avoid acquiring projects beyond your ability. Improve the accuracy of pre investment research and judgment and the realization of post investment landing.
the game sector is active Fuchun Technology Co.Ltd(300299) , Meisheng Cultural & Creative Corp.Ltd(002699) and other multi stock trading limits
The intraday trend of the game sector was active on April 1. As of press time, Fuchun Technology Co.Ltd(300299) , Meisheng Cultural & Creative Corp.Ltd(002699) , Chengdu B-Ray Media Co.Ltd(600880) , Dinglong Culture Co.Ltd(002502) , Cloud Live Technology Group Co.Ltd(002306) , Telling Telecommunication Holding Co.Ltd(000829) , Inly Media Co.Ltd(603598) and other stocks rose by the limit.
Guosen Securities Co.Ltd(002736) pointed out that the growth trend of the game market is upward and is suppressed by the policy side in the short term. In the short term, on the one hand, from the perspective of the overall product scheduling of listed companies, there are rich product reserves, which are concentrated on the launch of q2-q3, and the superposition base effect subsides, which is expected to drive the strong growth of the industry; On the other hand, the growth rate of the game industry is expected to decline in 2021, and the industry is at the bottom of the policy: first, the distribution of the version number has been suspended since July 2021, and second, the policies related to the protection of minors. In the long run, the game will maintain steady growth, and new technologies and new formats such as 5g, cloud game and metauniverse will bring more imagination to the game; In 2021, there are 8 games with more than US $1 billion in the world, and Chinese games have broad potential to go to sea.
The agency believes that metauniverse will reconstruct the production and valuation system of games. Metauniverse is expected to become the next generation of media beyond the Internet, subvert and create a new ecology. 1) The game will become the key content entrance of the metauniverse. Metauniverse will bring more immersive, richer and diversified needs and release more content needs; The natural interaction of game content and community atmosphere are expected to become the starting point of “meta universe” in the new era; From products to platforms, the attributes of the game itself are expected to change dramatically; 2) Yuanuniverse game industry may usher in a new round of dividends and reshape the game business model and valuation system. The underlying technologies (blockchain, NFT, etc.), back-end infrastructure (cloud computing, Internet of things, digital twins, etc.) and front-end devices (VR, AR, Mr, etc.) that metauniverse relies on can be combined with multiple contents such as digital collections and virtual digital people, which provides more possibilities for the innovation of mobile games in creativity, commerce and sociality, and drives the continuous innovation of the game industry; The game industry ushers in not only the release of demand, but also the great changes in ecology, operation and capital market valuation system. Roblox’s popularity may only be the beginning.
Baijiu shares rose Moutai was the main warehouse to warm up can continue?
On Friday, the Baijiu sector shook up, Jiugui Liquor Co.Ltd(000799) led, Qinghai Spring Medicinal Resources Technology Co.Ltd(600381) , Xinjiang Yilite Industry Co.Ltd(600197) , Shede Spirits Co.Ltd(600702) and Wuliangye Yibin Co.Ltd(000858) rose to varying degrees, and Kweichow Moutai Co.Ltd(600519) rose sharply. In terms of news, on March 31, Maotai’s official new e-commerce platform “I Maotai” performed well on the first day of trial operation. According to Kweichow Moutai Co.Ltd(600519) official wechat, more than 2.29 million people and 6.22 million people participated in the purchase within an hour from 9:00 to 10:00 on the same day.
Judging from the expected performance, China securities company said that Baijiu Spring Festival returns outstanding performance, providing strong protection for the first quarter results. Under multiple external uncertainties, the dynamic sales end smoothly passed the stress test in the peak season of the Spring Festival, and fully retained the strength at the report end of last year. It is expected that the enterprise can make a good start, and generally achieve double-digit growth in the first quarter, laying a stable and upward tone throughout the year.
China Galaxy Securities Co.Ltd(601881) Securities believes that the overall demand for Baijiu industry has increased steadily from 1 to February, combining with the Bureau of statistics data and company announcements. Although the spread of terminal consumption has affected terminal consumption since March, the impact of off-season fluctuations on the first quarter is relatively small. The first quarter is a good start, with a focus on companies whose performance is expected to exceed expectations.
Looking ahead, Guotai Junan Securities Co.Ltd(601211) said that high-end Baijiu is full of toughness and steady development, and the industry competition pattern remains stable. Leading liquor companies are constantly changing, aggressive and steady progress. The current valuation level has strong appeal, and long-term allocation value is outstanding.
the state carried out the collection and storage of the third batch of central frozen pork reserves during the year institutions believe that the inflection point of the cycle is expected to gradually increase at this stage
On March 31, according to the monitoring of the national development and Reform Commission, the recent pig grain price ratio continued to be lower than 5:1, which was in the level-1 early warning range of excessive decline determined in the plan for improving the regulation mechanism of government pork reserves and ensuring supply and price stability in the pork market. The development and Reform Commission and relevant parties carried out the collection and storage of the third batch of central frozen pork reserves during the year. It is planned to collect and store 40000 tons of frozen pork on April 2 and 3. If the follow-up pig prices continue to operate at a low level, the state will continue to carry out the collection and storage work and promote the return of pig prices to a reasonable range as soon as possible.
According to the analysis, the price of live pigs has been at a low level for a long time, and the possibility of further decline is small. It is suggested that farms (households) reasonably arrange production and operation decisions, maintain the normal slaughter rhythm of pigs with appropriate weight, and maintain the overall stability of the production capacity of fertile sows without excessive elimination.
Dongxing Securities Corporation Limited(601198) said that after the collection and storage work was started one after another, the recent decline in pig prices has narrowed significantly, dominated by shock adjustment, and there are signs of a slight rebound in the northern region. However, the recent oversupply situation has not been reversed. The short-term pig price is expected to be dominated by the bottom shock, and there is still room for a small decline. Superimposed with the sharp rise in feed prices caused by the current large Shenzhen Agricultural Products Group Co.Ltd(000061) comprehensive price rise, the breeding cost remains high, and the continuous loss will further promote the industry to take the initiative to reduce production capacity, which will further strengthen the expectation of starting the next round of rise in 2022. From the perspective of cycle dimension, the pressure of industrial cash flow is large, and the loss leads to a strong trend and certainty of continuous capacity removal. From the perspective of enterprises, it is suggested to focus on the phased achievements of enterprise capacity layout, marketing planning and cost reduction and efficiency increase. At the current time point, continue to focus on the recommendation of pig breeding sector. It is believed that the inflection point of the cycle is expected to gradually increase at this stage. Although the sector has increased greatly, the de novo average market value dimension is still in the bottom range. Continue to recommend and focus on the breeding head enterprises with obvious advantages in cost control, followed by the second-line and small American Standard enterprises that focus on the reversal of difficulties, the expectation of greater cost improvement and the certainty of listing growth, with emphasis on Wens Foodstuff Group Co.Ltd(300498) , Tecon Biology Co.Ltd(002100) , Beijing Dabeinong Technology Group Co.Ltd(002385) , etc.
steady growth to increase the demand of cement industry price will continue the upward trend (with shares)
According to the market data of China cement network, recently, some major manufacturers in Guanzhong, Xi’an, Weinan, Tongchuan, Xianyang and other places in Shaanxi have notified a significant increase in cement price of 60 yuan / ton. At present, the inventory of local enterprises is generally not high, coupled with the rising price of raw materials, the cost of cement production is rising. According to the industry response, the current round of price increases has indeed risen in place.
Soochow Securities Co.Ltd(601555) Huang Shitao believes that in the medium term, cement demand is expected to stabilize and recover, and steady growth will continue under the increasing downward pressure of the economy. After the easing of short-term epidemic control, the physical demand is expected to be gradually fulfilled.
Sealand Securities Co.Ltd(000750) pointed out that on March 15, the National Bureau of statistics released the operation of main economic indicators from January to February, and the main production demand indicators rebounded. Among them, the added value of industries above designated size increased by 7.5% year-on-year, which was faster than the average growth rate in December 2021 and 2021. The national fixed asset investment increased by 12.2% year-on-year, 7.3 percentage points faster than that in 2021 and 8.3 percentage points faster than the average growth rate in 2021. From January to February, the national investment in real estate development was 1449.9 billion yuan, a year-on-year increase of 3.7%; Among them, the residential investment was 1076.9 billion yuan, an increase of 3.7%. In the short term, due to the outbreak of the epidemic in many parts of the country, the government control is relatively strict, and the recovery of downstream demand is affected. After the epidemic is controlled, it is expected that the market demand will be released intensively and the price will continue to rise. At present, it is recommended to take the lead in the cement area Anhui Conch Cement Company Limited(600585) , Gansu Shangfeng Cement Co.Ltd(000672) , focusing on Huaxin Cement Co.Ltd(600801) , Xinjiang Tianshan Cement Co.Ltd(000877) .
8 the version number of months is suspended! Acceleration of Chinese mobile travel to sea focus on long-term opportunities in this field
On the morning of April 1, the mobile game sector rose sharply in the session. As of press time, Fuchun Technology Co.Ltd(300299) , Chengdu B-Ray Media Co.Ltd(600880) , Dinglong Culture Co.Ltd(002502) and other four stocks rose by the limit, G-Bits Network Technology(Xiamen)Co.Ltd(603444) , Hangzhou Lianluo Interactive Information Technology Co.Ltd(002280) , Rastar Group(300043) and other stocks led the rise.
The game industry has not released a new version number for eight months, but relying on the long-term operation of old games and the version number inventory, Tencent and Netease still maintained growth in 2021 and maintained industry leadership.
Among them, Tencent released a performance announcement, which showed that the annual net profit in 2021 was 224.82 billion yuan, compared with 159847 billion yuan in the same period last year, a year-on-year increase of 41%; The revenue was 560118 billion yuan, 482064 billion yuan in the same period last year, a year-on-year increase of 16%; The game revenue in the local market increased by 6% to 128.8 billion yuan, and the game business revenue including overseas game business increased by 11.7% to 174.3 billion yuan year-on-year.
It is worth noting that Tencent’s financial technology and enterprise services sector performed the most soundly in the fourth quarter of 2021, with a revenue of 47.958 billion yuan, a year-on-year increase of 25%, and the proportion of total revenue increased to 33%, surpassing the game sector for the first time.
According to the report of Gamma data, the actual sales revenue of China’s independently developed games in the overseas market reached US $18.013 billion (about 114.7 billion yuan) in 2021, which is close to half of the Chinese market share. According to Gamma data, the increment of overseas market has exceeded that of Chinese market, indicating that the focus of income growth of Chinese game industry has shifted outward.
Capital Securities said that at a time when the recovery of the edition number is not yet clear, Guoyou is facing fierce competition, and the expansion of diversified categories and the development of emerging markets will be the mainstream trend of the industry. Optimistic about A-share game leaders, inject performance vitality through category innovation and sea development. Stimulated by the prospect of meta universe, the global game industry will enter the peak of technology and format innovation. The requirements of the next era games for creative planning, engine technology, cross platform operation, social experience and distribution marketing have made a qualitative leap.
Huatai Securities Co.Ltd(601688) said that China’s mobile travel to the sea has accelerated, and it is suggested to continue to pay attention to the long-term investment opportunities of yuancosmic sector. As the next stop of the Internet, yuancosmos has a broad market space and a correction in the short-term sector. It is suggested to pay attention to the segments with rapid landing such as NFT and virtual human, as well as the long-term investment opportunities of yuancosmos related industrial chains.
