Playing new needs to be cautious!
new shares of Puyuan jingdian-u were broken at the opening
Today’s listed Puyuan jingdian-u broke at the opening, and the lowest price fell 31.59% compared with the issue price. If the winner sells at the lowest point, the first lot will lose 9615 yuan 3 since March, the market has fluctuated greatly, and the breaking of new shares has occurred from time to time. A total of 39 new shares have been listed. At present, 14 new shares break on the first day and 20 shares break at the latest price
The breaking of new shares on the first day occurred more times before 2013, and the breaking phenomenon has decreased significantly in recent ten years. Since October last year, the breaking of new shares has reappeared one after another, prompting investors to be more cautious.
The scientific innovation board broke more frequently than other sectors. Since this year, a total of 30 new shares on the scientific innovation board have been listed, of which 14 shares broke on the first day, accounting for 46.67%. At the time of IPO, the stocks that did not realize the first profit were the hardest hit areas for breaking. Six of the nine stocks listed this year broke on the first day.
first quarter water conservancy investment increased by 35% year on year
On April 8, the State Council Information Office held a regular briefing on the construction of water conservancy projects in 2022. Zhang Xiangwei, director of the Department of policies and regulations of the Ministry of water resources, said that from January to March this year, the investment in water conservancy completed 107.7 billion yuan, a year-on-year increase of 35%.
Previously, the national standing committee made it clear that a number of projects that have been included in the plan and have mature conditions will be started in 2022, including major water diversion and transfer projects such as the follow-up project of the South-to-North Water Transfer, backbone flood control and disaster reduction, danger removal and reinforcement of dangerous reservoirs, irrigation area construction and transformation, etc. These projects, together with other water conservancy projects, can complete an investment of about 800 billion yuan in the whole year.
Wei Shanzhong, Vice Minister of water resources, said that according to the research results of relevant institutions, every 100 billion yuan invested in major water conservancy projects can drive GDP growth by 0.15 percentage points and create 490000 new jobs. Therefore, the completion of 800 billion yuan of water conservancy investment this year will certainly play a major role in doing a good job in the “six stabilities” and “six guarantees” and stabilizing the macro-economic market.
In recent years, China has made solid progress in water conservancy infrastructure construction, and a number of major projects have achieved important node goals. In 2021, the national investment in water conservancy construction will be 757.6 billion yuan.
Soochow Securities Co.Ltd(601555) research report believes that the growth rate of fixed asset investment in China’s water pipe network has accelerated. According to the data in the urban statistical yearbook of the Ministry of housing and urban rural development, the annual fixed asset investment in China’s water supply and drainage construction has far exceeded the fixed asset investment in water supply construction. In 2020, the fixed asset investment in China’s drainage construction reached 376.62 billion yuan, a year-on-year increase of 33.6%, Among them, the investment in urban drainage fixed assets was the largest, reaching 211.48 billion yuan, accounting for 56% of the country; In 2020, China’s fixed asset investment in water supply construction was 157.55 billion yuan, a year-on-year increase of 14.6%.
water conservancy concept stocks rose in early trading
In early trading today, water conservancy concept stocks generally rose, Guangdong Sanhe Pile Co.Ltd(003037) limit, Anhui Construction Engineering Group Corporation Limited(600502) up 7.98%, Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) , Qianjiang Water Resources Development Co; Ltd(600283) up 5.22% and 4.59% respectively 17 water conservancy concept stocks are expected to increase in 2021, with Fujian Mindong Electric Power Limited Company(000993) , Beijing Water Business Doctor Co.Ltd(300055) , Lingnan Eco&Culture-Tourism Co.Ltd(002717) , Xingyuan Environment Technology Co.Ltd(300266) expected to increase by more than 100%
Fujian Mindong Electric Power Limited Company(000993) announcement shows that in 2021, the company realized a net profit attributable to the parent company of 118 million yuan, turning losses into profits year-on-year. In 2021, 992 million kwh of hydropower generation was completed, with an increase of 71.06%, mainly due to the increase of rainfall in 2021, which increased the power generation and sales compared with the same period of last year.
Beijing Water Business Doctor Co.Ltd(300055) announcement shows that the company realized a net profit attributable to the parent company of 212 million yuan in 2021, with a year-on-year increase of 156.54%. The company has made further breakthroughs in two key industrial wastewater treatment projects.
Under the main line of steady growth, the institution focused on multiple water conservancy, and 11 water conservancy stocks were rated by more than 5 institutions. Among them, Zhejiang Weixing New Building Materials Co.Ltd(002372) , Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) , China Energy Engineering Corporation Limited(601868) rank the top, with 25, 17 and 13 respectively.
In terms of capital flow, seven water conservancy stocks have been added to their positions in the north since March, and the increase of shares held by China Energy Engineering Corporation Limited(601868) , China Yangtze Power Co.Ltd(600900) , and A.D. ranks first, with 974114 million shares, 246794 million shares and 3.431 million shares respectively
China Energy Engineering Corporation Limited(601868) announcement shows that in 2021, the company’s water conservancy business completed an annual operating revenue of RMB 12.69 billion, a year-on-year increase of 35.24%. The company is responsible for operating more than 70 water plants in more than 10 provinces, cities and autonomous regions of China, with a design scale of 4.5 million tons / year and a water treatment capacity of 462 million tons / year.
