Today (April 14), there are prominent signs of differentiation among the three major stock indexes of a shares. The Shanghai and Shenzhen main board index rose by more than 1%, while the gem index continued to bottom. On the disk, in terms of industries, coal, wine making, medical devices, real estate, automobile, securities, steel, semiconductor and other industries led the rise; Logistics, wind power, shipping ports, lithium batteries, photovoltaic, games and other industries made a slight correction. In terms of subject stock, COVID-19 testing, Baijiu, medical beauty, super brand, Helicobacter pylori and CRO were among the top gainers. Blade battery, diamond cultivation, express concept, virtual power plant and other small callback.
four factors boost coal sector strength again Anyuan Coal Industry Group Co.Ltd(600397) , Pingdingshan Tianan Coal Mining Co.Ltd(601666) two connected sectors
The coal sector is once again stronger on the 14th day of the 14th day of the 14th day of the 14th day of the 14th day, and the coal sector sector is once again stronger on the 14th day of the 14th day. As of the press, the Anyuan Coal Industry Group Co.Ltd(600397) before. It is worth noting that Anyuan Coal Industry Group Co.Ltd(600397) , Pingdingshan Tianan Coal Mining Co.Ltd(601666) have been trading for two consecutive trading days.
The agency said that there are four main logics for the rise of the coal sector: first, the coal price has remained high since the beginning of the year, the market’s profit expectation for the sector has been rising, and the valuation level of the sector is at a low level, which is the basis for the continuous rise of the sector; Second, the expectations of lowering the reserve requirement, steady growth of infrastructure and relaxation of real estate policies will help to improve the demand expectation and enhance the valuation of the sector; Third, overseas oil prices are the main driver of recent fluctuations in the sector. Yesterday, the prices of overseas crude oil and SINOCHEM futures rose sharply after the shock, which also promoted the rise of coal stocks; In addition, since the beginning of the year, the coal sector has led the increase. At present, there is momentum effect, which continues to attract capital attention.
Citic Securities Company Limited(600030) pointed out that since this year, the overall performance of coal demand has been flat, but the performance of coal price has continuously exceeded expectations, indicating that the supply is tight, and the bottleneck at the supply side mainly comes from the reduction of imports. The main factor of import reduction is that the overseas energy price remains high and the advantage of imported coal price disappears under the conflict between Russia and Ukraine. According to the data released by the General Administration of customs, China imported 16.42 million tons of coal in March 2022, a year-on-year decrease of 39.9%; In the first quarter, the imported coal volume was 51.812 million tons, a year-on-year decrease of 24.2%. According to the year-on-year decline in the first quarter, the annual reduction of imported coal may be about 78 million tons, accounting for 1.7% of the national coal consumption, which will have an obvious marginal effect on the price. At present, although the overseas coal price has a significant correction from the high in March, the imported Indonesian coal has a premium of 30 yuan / ton compared with Chinese coal in Guangzhou Port Company Limited(601228) and the imported coal of other countries has a premium of about 150 ~ 180 yuan / ton compared with Chinese coal. The imported power coal price is still unattractive. For coking coal, the demand has not appeared the characteristics of peak season since March, and the demand has remained low as a whole. In the follow-up, with the easing of the epidemic and the force of policies, the demand for coking coal is expected to usher in a new round of expansion. In the second and third quarters, with the promotion of peak season, the price is expected to show an upward trend.
The agency said that the rhythm of short-term sector fluctuations still follows the changes expected by overseas oil prices. It is expected that there will be a new round of pulse improvement in coal demand after the subsequent epidemic eased and infrastructure construction started; Medium term steady growth, gradual relaxation of real estate policy and other policy expectations will also support industry demand expectations. According to the current performance expectations and valuation level, the sector still has a rising catalyst and is still expected to achieve significant excess returns. It is recommended to continue to focus on undervalued companies with high performance certainty: Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) , Shanxi Lu’An Environmental Energydev.Co.Ltd(601699) , Shaanxi Coal Industry Company Limited(601225) , power investment and energy.
covid-19 detection concept stocks raise the limit tide three segments of investment opportunities deserve attention
On April 13, covid-19 detection concept stocks continued to rise. As of press time, Shanghai Labway Clinical Laboratory Co.Ltd(301060) , Zhejiangtailin Bioengineering Co.Ltd(300813) , Saili medical, Wuhan Easy Diagnosis Biomedicine Co.Ltd(002932) , Andon Health Co.Ltd(002432) , Berry Genomics Co.Ltd(000710) and other trading limits. In terms of news, according to the website of the State Food and drug administration, on April 12, the State Food and Drug Administration reviewed and approved two covid-19 virus antigen detection reagent products again. As of April 12, the State Food and drug administration has approved 26 covid-19 virus antigen detection reagent products.
In April 13th, Shanghai Fosun Pharmaceutical (Group) Co.Ltd(600196) announced that New Coronavirus (2019-nCoV) antigen detection kit (colloidal gold method), which was independently developed by the company’s Fosun diagnostic technology (Shanghai) Co., was approved by the State Food and drug administration.
Tianfeng Securities Co.Ltd(601162) pointed out that the Omicron virus has strong concealment and rapid transmission, and nucleic acid detection is a necessary means; Antigen detection is an important supplementary means. When the ability of nucleic acid detection is insufficient, cases or potential patients can be found earlier and isolated in time through antigen detection. Combined with the current characteristics of Omicron virus strain, it is expected that under the dynamic clearing prevention and control strategy, the detection demand of covid-19 is still large, and companies in relevant fields may have theme investment opportunities. It is suggested to pay attention to relevant targets: (1) third-party medical laboratories providing nucleic acid detection services: Guangzhou Kingmed Diagnostics Group Co.Ltd(603882) , Dian Diagnostics Group Co.Ltd(300244) and Guangdong Hybribio Biotech Co.Ltd(300639) etc; (2) Nucleic acid detection kit: Bgi Genomics Co.Ltd(300676) , Sansure Biotech Inc(688289) , Daan Gene Co.Ltd(002030) , Jiangsu Bioperfectus Technologies Co.Ltd(688399) , Wuhan Easy Diagnosis Biomedicine Co.Ltd(002932) etc; (3) Antigen detection kit: Guangzhou Wondfo Biotech Co.Ltd(300482) , Zhejiang Orient Gene Biotech Co.Ltd(688298) , Nanjing Vazyme Biotech Co.Ltd(688105) , Bgi Genomics Co.Ltd(300676) , Beijing Hotgen Biotech Co.Ltd(688068) , Wuhan Easy Diagnosis Biomedicine Co.Ltd(002932) , Beijing Wantai Biological Pharmacy Enterprise Co.Ltd(603392) , anxiu biology, etc.
Baijiu stocks soared institutions: the industry boom is still expected after the inflection point will wind up
In April 14th, Baijiu group rose in the early morning.
On the news, Kweichow Moutai Co.Ltd(600519) WeChat official account, Moutai group Party Secretary Ding Xiongjun at the twelfth Party committee (enlarged) meeting in 2022, made clear the Moutai group’s second quarter and the whole year’s key work contents, including promoting the marketing system reform, accelerating the supply system reform and so on. At this meeting, Ding Xiongjun made it clear that Maotai Group will continue to promote the reform of marketing system, “fight a tough battle for the market system and further promote the” five in one marketing method “. At the same time, it will speed up the reform of supply system and promote the construction of digital supply management and modern management.
Zheshang Securities Co.Ltd(601878) believes that the current expectations and fundamentals of the leading sector performance, industry boom is still in the background, is expected to be the outbreak of the Baijiu wind after the outbreak. The target with strong business strength and anti risk ability is preferred, the main base market is less affected by the epidemic, the performance driving force comes from mature single products rather than investment promotion, the valuation is reasonable, and the performance growth rate of 22q2 is still superior to that of 22q1.
Citic Securities Company Limited(600030) said that at present, the impact of the epidemic is still expanding, and there is a phased impact on the scene of alcohol consumption. Alcohol consumption is facing certain pressure in March and April. However, due to the off-season, from the perspective of the whole year, assuming that the epidemic will not further expand nationwide and the sealing and control measures can be gradually lifted in May, the impact is still relatively limited. The follow-up mainly depends on the implementation of the steady growth policy, which is very important to the recovery of the industry boom. At present, Baijiu is still the top priority, with regard to the marginal changes of the secondary and real estate wine.
the national standing committee decided to increase support for export tax rebate cross border e-commerce is expected to usher in sustained growth momentum (with shares)
On April 13, the executive meeting of the State Council decided to further strengthen policy support such as export tax rebate to promote the steady development of foreign trade. The meeting pointed out that in order to promote the steady development of foreign trade, we should give better play to the policy effectiveness of export tax rebate, which is inclusive, fair and in line with international rules, and optimize the foreign trade business environment. We will improve the efficiency of customs clearance for the return of export goods, formulate policies to facilitate the return and exchange of goods by cross-border e-commerce, provide more convenience for customs clearance and tax refund of trustworthy enterprises, and severely punish acts such as defrauding tax rebates.
Guosen Securities Co.Ltd(002736) pointed out that the cross-border e-commerce export industry continues to grow. Although the leading enterprises with strong brand awareness have been affected by the rising prices of shipping and raw materials and the emotional concerns caused by Amazon’s strong supervision, the performance of the cross-border e-commerce sector has been under pressure for some time in the past, but in the short term, the US tariff exemption is expected to boost the market’s confidence in the export trade environment, And recently, the Ministry of Commerce issued the notice on making good use of the innovative development guidance fund of service trade to support the development of new business forms and models of trade, proposing to increase investment in new business forms and models, support the construction of cross-border service systems such as overseas warehouses and cross-border logistics, and cultivate digital trade enterprises. In the medium and long term, the cross-border e-commerce industry is expected to usher in sustained growth momentum under the background of the continuous release of policy dividends and the improvement of overseas e-commerce penetration. The competition pattern of the industry is also developing towards standardization under strong supervision. Among them, enterprises with strong overseas brand awareness and excellent operation ability are expected to benefit first. Anker Innovations Technology Co.Ltd(300866) , which focuses on main consumer electronics products and has excellent product operation and management ability and overseas brand awareness, is recommended, And it is suggested to pay attention to Hunan Huakai Cultural And Creative Co.Ltd(300592) , which has Yibai network for cross-border multi category development.
Guangdong expands the use of LNG for natural gas terminal plays an important role in LNG import (with shares)
The 14th five year plan for energy development in Guangdong Province issued on April 13 proposed to strictly and reasonably control the growth of coal consumption and expand the utilization of natural gas. The province’s natural gas consumption will increase from 29 billion cubic meters in 2020 to 48 billion cubic meters in 2025. We will improve the energy production, supply, storage and marketing system, and plan to build coastal LNG terminals in accordance with the principle of “moderately advanced, intensive and large-scale development”, so as to make the annual supply capacity of natural gas in the province reach 80 billion cubic meters.
Shenwan Hongyuan Group Co.Ltd(000166) pointed out that natural gas is an important part of the global energy structure and the development direction of clean energy. After the slowdown of demand growth in 2019 and 2020, China’s natural gas supply and demand increased rapidly in 2021. In addition to the increment of domestic natural gas, China’s demand for imported gas may continue to grow. The imported natural gas is mainly pipeline gas and LNG, and the new supply in the future may mainly come from the import of LNG terminal. Due to the continuous advancement of the marketization process of China’s natural gas price, we are optimistic about the investment targets in natural gas resources, LNG receiving facilities and LNG Export facilities, including Guanghui Energy Co.Ltd(600256) , Petrochina Company Limited(601857) and Bomesc Offshore Engineering Company Limited(603727) .
Haitong international research believes that the overall growth rate of the natural gas industry maintains high growth, and the LNG terminal, as an important asset of the natural gas industry chain, plays an important role in LNG import. It is suggested to pay attention to Enn Natural Gas Co.Ltd(600803) , Guanghui Energy Co.Ltd(600256) , Jiangxi Jovo Energy Co.Ltd(605090) , etc.
