Today (January 13) A-share shock callback, led by the Shenzhen composite index, the three major stock indexes fell by more than 1%. On the disk, in terms of industry, tourism and hotels, precious metals, coal, commercial department stores, banking and other industries led the increase, while traditional Chinese medicine, wine making, wind power and other industries led the decline. In terms of theme stocks, the concept of prefabricated dishes, digital currency, aquaculture and RCS led the rise, while virtual power plants, lithium extraction from salt lakes, hair medicine and electronic cigarettes made a slight correction.
liquor stocks fell sharply Shede Spirits Co.Ltd(600702) fell more than 6% Kweichow Moutai Co.Ltd(600519) fell below the 1900 yuan mark
Baijiu plate fell sharply in the 13 day, as of press release, Shede Spirits Co.Ltd(600702) fell more than 6%, Kweichow Moutai Co.Ltd(600519) fell more than 4% fell 1900 yuan integer pass; In addition, Jiangsu King’S Luck Brewery Joint-Stock Co.Ltd(603369) , Sichuan Swellfun Co.Ltd(600779) , Jiugui Liquor Co.Ltd(000799) and other declines were higher.
In terms of news, the market generally expects that the amount of base liquor available for Maotai liquor will increase in 2022, and the “volume rise” is highly certain. And the expected changes in the price of the direct flight are more frequent. The game of funds aggravates the fluctuation of the Baijiu plate. Caixin Securities believes that although the direct price increase will promote the accelerated growth of the company’s profits, the company’s decision-making level will still consider the sustainability of growth momentum. The meaningful acceleration is the accelerated growth of performance on the basis of good price order and rationalized benefit distribution mechanism. At present, the company has a firm pace of reform and actively resolve the core contradictions, which will help to consolidate the stability of Maotai’s profit model and open the space for direct price increase. In addition to the direct price increase, increasing the proportion of direct sales + product structure upgrading is not only a powerful tool to improve the ton price of Maotai liquor and enhance the profitability of the company, but also a way to optimize the benefit distribution mechanism. The final result is that a few consumers with high consumption ability pay higher prices for Maotai liquor, and the rich channel profits are partially recycled to the distillery, Ordinary consumers have less pressure to pay for Maotai. Since the new round of reform, the market-oriented transformation, the increase in the delivery volume of Direct stores, the listing of non-standard new products and the direct price increase of non-standard wine have accelerated the implementation, and the certainty of the continuous improvement of the company’s profitability has been enhanced. Therefore, there is no need to game the specific time point of Maotai’s direct price increase, and it is more important to clarify that the company’s basic kinetic energy is increasing.
For Baijiu, Cixin Securities pointed out that all liquor companies open the Spring Festival to fight for money, and the channel is generally optimistic about the opening of the Spring Festival, and the enthusiasm for making money and stock preparation is high. Combined with feedback from the channel, the demand for high-end Baijiu Spring Festival gift banquet is rigid, and the price of high-end liquor companies has been raised one after another, and the inventory remains at a normal low level, and the first quarter results are expected to have solid guarantee. Baijiu China has been spreading in recent years. Whether it affects the consumption of Baijiu and other high-end liquor consumption scenarios needs to be tracked. Considering the improvement of China’s epidemic prevention and control ability, the speed of vaccination is accelerating, and the protective barrier is constantly strengthened. It is predicted that the new round of epidemic will have a great impact on liquor consumption. At present, the Baijiu is still active, and the main product structure of liquor enterprises is continuously optimized. Overall, the current Baijiu boom continues, channel price and inventory health, demand is still strong, optimistic about the Baijiu market.
the retail sector has an active trend Renrenle Commercial Group Co.Ltd(002336) and other daily limits Beijing Cuiwei Tower Co.Ltd(603123) once achieved 7 boards in 8 days
The retail sector had an active intraday trend on the 13th. As of press time, Renrenle Commercial Group Co.Ltd(002336) , Jiangxi Guoguang Commercial Chains Co.Ltd(605188) , Shanghai Kaikai Industry Company Limited(600272) , Sanjiang Shopping Club Co.Ltd(601116) and Beijing Hualian Hypermarket Co.Ltd(600361) , Zhongbai Holdings Group Co.Ltd(000759) rose by the limit.
It is worth noting that Beijing Cuiwei Tower Co.Ltd(603123) once realized 7 boards in 8 days, and opened the daily limit near the end of the day. The company issued a risk warning on the 10th, saying that through the company’s self-examination, the company’s daily operation is normal, the internal and external business environment has not changed significantly, the main business has not changed significantly, and there is no major information that should be disclosed but not disclosed.
Block a of Cuiwei store and Dingcheng store affiliated to the company implemented the adjustment of store closure in 2021, and gradually resumed business in stages from November 6 and September 30, 2021. The long-term adjustment of store closure will have a great impact on the revenue and profit of the company’s retail business in 2021.
In addition, Haike RONGTONG, the holding subsidiary of the company, is mainly engaged in the third-party payment business, and its income mainly comes from the bank card receipt handling fee. The new digital RMB payment method does not change its income source and structure, and the income generated will depend on the actual use of offline merchants and consumers in the future, It will not have a significant impact on its acquiring business scale and operating performance
Shanghai Kaikai Industry Company Limited(600272) has been trading for nine consecutive days, with a cumulative increase of 135.7%. The company issued a risk warning on the 12th, saying that the company has increased greatly recently, the company’s production and operation activities have not changed significantly, and the company’s pharmaceutical circulation business continues to be under pressure due to the impact of medical reform policies such as volume procurement; The great health transformation needs a long cultivation period, and the investment income is difficult to show in the short term.
Xi’An International Medical Investment Company Limited(000516) two hospitals under the rapid limit were closed for rectification for three months
Xi’An International Medical Investment Company Limited(000516) (000516) quickly fell to the limit on the 13th. On the news side, Xi\’an Municipal Health Commission issued a notice saying that after the outbreak of this round of epidemic, Xi\’an high tech hospital and Xi\’an Xi’An International Medical Investment Company Limited(000516) Central Hospital failed to implement the “people first and life first” into medical treatment, had a weak sense of responsibility, failed to perform the responsibility of saving the dead and healing the wounded, and failed to implement the core medical quality management systems such as first diagnosis responsibility and rescue of acute and critical patients, As a result, the rescue and diagnosis and treatment of acute and dangerous patients were delayed, which aroused widespread concern of public opinion and had a bad social impact. After research, the following treatment opinions are made for Xi\’an high tech hospital and Xi\’an Xi’An International Medical Investment Company Limited(000516) Central Hospital:
I. handling opinions of Xi’an high tech hospital: 1. Suspend business for rectification for 3 months, and reopen after the rectification is qualified at the expiration of the period; 2. Give warning; 3. Instruct Xi’an high tech hospital to investigate the responsibility of the person in charge of the hospital, suspend the general manager, and remove the director of the outpatient department, the director of Obstetrics and the deputy director of the medical department; 4. The city circulated a notice of criticism, interviewed the main person in charge of the hospital, and instructed the hospital to do a good job in appeasing patients and their families.
II. Handling opinions of Xi’an Xi’An International Medical Investment Company Limited(000516) Central Hospital: 1. Suspend business for rectification for 3 months, and reopen the clinic after the rectification is qualified at the expiration of the period; 2. Give warning; 3. Instruct Xi’an Xi’An International Medical Investment Company Limited(000516) central hospital to investigate the responsibility of the person in charge of the hospital, remove the legal representative and chairman of the hospital, suspend the vice president in charge and the head nurse of the outpatient department; 4. The city circulated a notice of criticism, interviewed the main person in charge of the hospital, and instructed the hospital to do a good job in appeasing the family members.
According to the data, Xi’An International Medical Investment Company Limited(000516) focuses on big health medical services and the transformation and application of modern medical technology. The company disclosed in the semi annual report of 2021 that at present, the company is operating Xi’an Xi’An International Medical Investment Company Limited(000516) high tech hospital, Xi’an Xi’An International Medical Investment Company Limited(000516) Central Hospital, Xi’an Xi’An International Medical Investment Company Limited(000516) Shangluo hospital and other large-scale comprehensive medical institutions, and is building Xi’an Xi’An International Medical Investment Company Limited(000516) rehabilitation hospital according to class III standard.
coal stocks continued to rise. Institutions: Gold Diggers in three directions 2022
On January 13, the coal sector increased significantly. On the news side, luhut pandjaitan, Minister of ocean and investment planning of Indonesia, issued a statement on January 10, saying that after the coal supply of PLN is guaranteed, the government has allowed 14 loaded coal carriers to leave the country at any time.
Kaiyuan Securities believes that the current winter coal consumption demand has entered the seasonal peak stage, the daily consumption and replenishment demand may gradually weaken before the Spring Festival, and the current rebound space of coal price may be limited; However, from the supply side, after the peak season comes to an end, the focus of the policy may be to ensure safety. The current ultra-high load production intensity is unsustainable, superimposed with the impact of Indonesia’s coal export ban, there is a great possibility of tightening the supply after the Spring Festival.
Zhongtai Securities Co.Ltd(600918) believes that the investment logic of the coal industry in 2022 will be different from that in 2021. The three investment keywords of the coal industry in 2022 are high proportion of long-term association, elasticity of capacity growth and transformation of coal enterprises.
The overall upward movement of the price center of the long-term association will benefit more companies with a high proportion. Its performance is expected to be released steadily in the future and has the ability to stabilize and high dividends. It is recommended to pay attention to: China Shenhua Energy Company Limited(601088) , China Coal Energy Company Limited(601898) , Shaanxi Coal Industry Company Limited(601225) , Pingdingshan Tianan Coal Mining Co.Ltd(601666) , Shanxi Coking Coal Energy Group Co.Ltd(000983) , Huaibei Mining Holdings Co.Ltd(600985) .
The future capacity increment of the coal industry is limited, and the whole industry has entered the period of stock capacity. When the profitability of coal enterprises is good, the capacity means profit, and the capacity growth elasticity is the performance elasticity. It is suggested to pay attention to the targets with large capacity growth space in the future: China Coal Energy Company Limited(601898) , Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) , Shanxi Coking Coal Energy Group Co.Ltd(000983) , Beijing Haohua Energy Resource Co.Ltd(601101) , Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) .
multi stock trading institutions of real estate stocks: the first quarter of this year is the best window period for configuration
On January 13, the real estate sector strengthened, Macrolink Culturaltainment Development Co.Ltd(000620) limit, Tianjin Tianbao Infrastructure Co.Ltd(000965) , Chongqingyukaifaco.Ltd(000514) , Beijing Dalong Weiye Real Estate Development Co.Ltd(600159) , China Calxon Group Co.Ltd(000918) and other stocks performed prominently. On the news, Pan Wei, head of the housing security department of the Ministry of housing and urban rural development, said at a press conference on the 11th that we should strengthen policy support for finance, land and public services and expand the supply of affordable rental housing. During the 14th Five Year Plan period, 40 key cities initially planned to add 6.5 million units (rooms), which is expected to help 13 million new citizens and young people alleviate their housing difficulties. At the same time, we will continue to ensure public rental housing, develop housing with common property rights according to local conditions, and steadily promote the transformation of shantytowns. In view of the housing improvement needs of residents in old urban communities, innovate financial support methods, implement policies such as the use of idle land and the adjustment of the use of existing houses, and accelerate the formation of a policy mechanism to promote the transformation of old urban communities. During the 14th Five Year Plan period, the transformation of about 219000 old urban communities completed by the end of 2000 will be basically completed.
Citic Securities Company Limited(600030) pointed out that in the short cycle, with the implementation of the supporting policy beginning to take effect, the worst time is about to pass, real estate sales are expected to rebound at the end of the first quarter, and real estate investment in the whole year is expected to achieve positive growth.
Galaxy Securities said that in the short-term dimension, the warmer policies promoted the valuation of the real estate sector. At present, it is in the combination of “bottom of fundamentals” + “bottom of policy”. The policy is gradually transitioning from the credit end to the demand end. The key factors that previously suppressed the valuation have been mitigated. The current characteristics of “undervalued value, low position and high dividend” of the sector have sufficient safety margin and flexibility. The first quarter of this year is the best window for allocation. In the medium and long term, under the expectation of increased concentration and stable profits, the “three good real estate enterprises” with excellent management, smooth financing and diversified development will enjoy a higher valuation premium.
“14th Five-Year” digital economic development plan issued “Internet plus government services” industry or concern
According to Xinhua news agency, the State Council recently issued the “14th five year plan for digital economy development”. By 2025, the added value of the core industries of the digital economy will account for 10% of China’s GDP, the data element market system will be preliminarily established, the industrial digital transformation will reach a new level, the digital industrialization level will be significantly improved, the digital public services will be more inclusive and equal, and the digital economy governance system will be more perfect. Looking forward to 2035, we will strive to form a unified, fair, orderly competition, mature and complete modern market system of digital economy, and the development level of digital economy ranks in the forefront of the world.
The plan has deployed eight key tasks. It is mentioned to accelerate the promotion of digital industrialization. We will enhance the ability to innovate key technologies, accelerate the cultivation of new business forms and models, and create a prosperous and orderly innovation ecology. It is also mentioned that the digital level of public services should be continuously improved. We should improve the efficiency of “Internet plus government services”, improve the social service digitalization level, and promote the integration of digital urban and rural development. In addition, improve the digital economy governance system. We will strengthen collaborative governance and regulatory mechanisms, enhance the government’s digital governance capacity, and improve the new pattern of pluralistic co governance.
Guoyuan Securities Company Limited(000728) points out that the policy driven technology support and the “Internet plus government services” are booming. The scale of government informatization market grew steadily, and the proportion of software and service market increased continuously. According to the data of Zhiyan consulting, the scale of China’s e-government market reached 333.02 billion yuan in 2019, with a year-on-year increase of 7.19%, and the CAGR reached 12.60% in 2013-2019. It is expected that the scale of government information market will reach 520 billion yuan in 2025 and 7.71% in 2019-2025. Under the background of the continuous growth of the demand for government informatization, the industry’s demand for software and services is growing. According to the data of Zhiyan consulting, in 2019, the hardware market scale was 107.270 billion yuan, the network equipment market scale was 47.189 billion yuan, the software market scale was 78.726 billion yuan, the service market scale was 99.835 billion yuan, and the market scale of software and services accounted for more than half. It is recommended to pay attention to Beijing Supermap Software Co.Ltd(300036) , Beijing Global Safety Technology Co.Ltd(300523) , Beijing Thunisoft Co.Ltd(300271) , Xiamen Meiya Pico Information Co.Ltd(300188) .
