Today (April 25), A-Shares opened low and went low. The Shanghai index fell below the 3000 point integer mark, and the gem index fell below the 2200 point mark. Both the Shanghai index and the gem index fell by more than 5%, while the Shenzhen composite index fell by more than 6%. On the disk, all industries fell across the board, and mining, shipbuilding, non-ferrous metals, chemical raw materials, computer equipment, games, automobile services, education and other industries fell sharply. In terms of theme stocks, scarce resources, mobile game concept, blade battery, organic silicon, phosphorus chemical industry and other decline were the top.
changes in securities companies institutions suggest paying attention to the “certainty of growth” of performance
The non bank financial sector bucked the trend and became stronger. In the morning of Minsheng Holdings Co.Ltd(000416) . Boosted by the Minsheng Holdings Co.Ltd(000416) daily limit, many brokerage stocks rose intraday, Huaan Securities Co.Ltd(600909) daily limit, Boc International (China) Co.Ltd(601696) , Chinalin Securities Co.Ltd(002945) and other active performances.
Western Securities Co.Ltd(002673) strategy team said that in the short term, with the dawn of China’s epidemic, it is difficult for the fed to raise interest rates faster than expected in May, and the recovery of market sentiment in the second quarter will be deterministic. However, from a longer perspective, investors need to pay attention to the changes in the overall investment style of the market in the future after the rebound.
In terms of structure, it is suggested to pay attention to three main investment lines: first, with the gradual rise of inflation expectations, CPI related agriculture and mandatory consumption sectors are still the main market of the whole year; Second, express logistics, catering tourism, airport aviation and other sectors with strong performance repair expectations after the epidemic are expected to lead the market rebound; Third, with the gradual recovery of the economy, traditional consumption sectors such as food and beverage, household appliances and medicine, which are less disturbed by the epidemic, are also expected to usher in a turnaround.
countries report hundreds of cases of hepatitis in children of unknown origin liver disease drugs attract attention
One child has been reported dead as cases of acute hepatitis of unknown origin have increased among children, the who said Wednesday. According to statistics, a total of 12 countries have reported at least 169 cases of children, of which 114 cases occurred in the UK. As of April 21, in addition to the UK, the countries reporting cases also include the United States, Spain, Israel, Denmark, Ireland, the Netherlands, Italy, Norway, France, Romania and Belgium.
The agency pointed out that China is the world’s heaviest burden of liver disease, with 90 million carriers of hepatitis B virus (HBV), 10 million carriers of hepatitis C virus (HCV), 7 million 1.7-3.1 patients with non-alcoholic liver disease and 7 million patients with cirrhosis. Given that liver disease has a large number of unmet treatment needs, the market space of innovative drugs is worth looking forward to. Many companies in the world and China have arranged this field. It is suggested to pay attention to the leading companies of innovative drugs for liver disease.
Indonesia prohibits the export of edible oil and raw materials detonates the concept stock of edible oil
Affected by Indonesia’s announcement of banning the export of edible oil and edible oil raw materials, edible oil concept stocks rose sharply on the 25th, with the limit of Xiwang Foodstuffs Co.Ltd(000639) , Daodaoquan Grain And Oil Co.Ltd(002852) and so on. On the news, Indonesian President Joko announced at the presidential palace in Jakarta on the 22nd that the government decided to ban the export of edible oil and edible oil raw materials from the 28th of this month to ensure the supply of edible oil in the country.
It is reported that Indonesia is the world’s largest producer of palm oil, accounting for more than half of the global supply. Palm oil is usually used to produce edible oil, processed food, cosmetics and biofuels. According to the report, the ban was decided at a meeting on meeting the basic needs of the people. At present, there has been a temporary shortage of edible oil supply in Indonesia and China.
The global palm oil producing areas are mainly Indonesia and Malaysia, of which Indonesia accounts for about 60% of the global palm oil production. Indonesia and Malaysia are the world’s two largest palm oil exporters, accounting for 90% of their total exports. Relevant statistics show that the futures price of palm oil in Malaysia has increased by 11% since April and nearly 35% during the year. China’s palm oil consumption is completely dependent on imports. It is the second largest importer of palm oil in the world. Palm oil has become the second largest vegetable oil consumption in China after soybean oil.
Some analysts pointed out that at present, palm oil is the largest vegetable oil variety in the world in terms of production, consumption and international trade. It is called “the three largest vegetable oils in the world” together with soybean oil and rapeseed oil. Indonesia’s restrictions on palm oil exports will undoubtedly boost the demand outlook for other vegetable oils.
National Energy Administration: coal power will still play an important role in ensuring power security for a long time (with shares)
According to Xinhua news agency, China’s resource endowment dominated by coal determines that coal power will still play an important role in ensuring China’s energy and power security for a long time. This is what Yu Bing, deputy director of the national energy administration, said at the national coal and electricity “three reform linkage” typical case and Technology Promotion Conference on the 24th. In 2021, China’s coal power consumption is about 305g. Although it is better than the United States and Germany, second only to Japan, and the proportion of supercritical and ultra supercritical units has exceeded 50%, there are nearly 400 million kw of Subcritical Units. The coal consumption of these units is obviously high, so the transformation of energy conservation and carbon reduction needs to be implemented as soon as possible.
In terms of A-share investment, Kaiyuan Securities believes that the performance of many coal enterprises in the first quarter exceeded expectations recently, and the annualized valuation level of most enterprises is only 4 or 5 times, with a high safety margin; In addition, affected by the epidemic situation, the current demand is very poor, and the epidemic situation will eventually be controlled. The government is expected to continue to introduce corresponding policies for steady growth, and the demand is expected to remain good; At present, it will be the best stage to buy expected and allocate coal stocks.
Cinda Securities pointed out that at present, it is in the early stage of a new round of upward cycle of coal economy, and the fundamentals, policies and companies resonate. At this stage, the allocation of coal sector is at the right time. Continue to look at the coal sector in an all-round way, and continue to suggest paying attention to the historic allocation opportunities of coal. It is suggested to pay attention to three main investment lines: first, Yankuang energy, the leader of low value and high dividend power coal, Shaanxi Coal Industry Company Limited(601225) , China Shenhua Energy Company Limited(601088) ; Second, Pingdingshan Tianan Coal Mining Co.Ltd(601666) , Guizhou Panjiang Refined Coal Co.Ltd(600395) , which are both resource scarcity and significant growth; Third, Shanxi Coking Coal Energy Group Co.Ltd(000983) and Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) , which have great potential for extensive expansion brought by the increase of asset securitization rate of state-owned coal group.
China’s first! Xiaoma Zhixing won the business license of self driving taxi (with shares)
It is reported that on April 24, Xiaoma Zhixing announced that it had won the bid for the 2022 taxi capacity index in Nansha District, Guangzhou, which is the first taxi operation license issued to automatic driving enterprises in China.
The bid winning notice clearly allows automatic driving vehicles that meet the safety technical requirements of Guangzhou intelligent Internet connected vehicle demonstration operation to provide taxi operation services. At the same time, Ma Zhixing is also the first company approved to implement commercial robotaxi services in Beijing and Guangzhou.
It is reported that Xiaoma Zhihang has been approved to invest 100 self driving vehicles in Nansha, Guangzhou to provide taxi service. It is expected that from May, Xiaoma Zhi will start charging operation within 800 square kilometers of Nansha, and with the gradual expansion of business, the service will be extended to other areas of Guangzhou, benefiting more Guangzhou citizens. Passengers can use the service and complete payment through ponyplot + app. The service period is from 8:30 to 22:30, and the charging standard is in accordance with the unified pricing standard of taxis in Guangzhou.
Citic Securities Company Limited(600030) believes that automatic driving is expected to be a trillion level broad market, which is expected to solve many pain points such as the improvement of labor cost, traffic safety and the shortage of drivers, among which the market space of urban opening scene is the largest. With the gradual improvement of laws and regulations, the continuous progress of self driving enterprises’ own technology, the gradual maturity of the upstream of the industrial chain and the close cooperation between downstream OEMs and scene parties, the landing speed of self driving may be accelerated.
Minsheng Securities pointed out that when the turning point of L3 level automatic driving comes, the industrial structure will be further reconstructed, and the industrial chain related to automatic driving will become the investment hotspot in the next stage. It is suggested to pay attention to Huizhou Desay Sv Automotive Co.Ltd(002920) (joint coverage of computer and communication industry); The penetration rate of chassis by wire in the automatic driving domain is expected to accelerate in the next round of vehicle inventory cycle. It is recommended to focus on Shanghai Baolong Automotive Corporation(603197) and Ningbo Tuopu Group Co.Ltd(601689) (suspension by wire) and Zhejiang Asia-Pacific Mechanical & Electronic Co.Ltd(002284) (braking by wire).
