Today (May 18), A-Shares rose and fell, and the stock index gained and lost 3100 points. On the disk, in terms of industries, textile and garment, transportation equipment, education, automobile, photovoltaic, commercial department stores, shipbuilding and other industries led the increase, while chemical fertilizer, airport, traditional Chinese medicine, coal, wine making, insurance, real estate, banking, shipping port, medical treatment and other industries led the decline. In terms of theme stocks, outdoor camping, rescue concept, lottery concept and aircraft carrier concept led the rise, while stephanine, heparin concept, phosphorus chemical industry, combustible ice and covid-19 drugs led the decline.
textile and garment sector has an active trend Shanghai Metersbonwe Fashion&Accessories Co.Ltd(002269) , Beijing Sanfo Outdoor Products Co.Ltd(002780) and other multi stock trading limits
The textile and garment sector had an active intraday trend on the 18th, with the daily limit of Shanghai Metersbonwe Fashion&Accessories Co.Ltd(002269) , Huafang Co.Ltd(600448) , Xingye Leather Technology Co.Ltd(002674) , Zhewen Pictures Group Co.Ltd(601599) , Beijing Sanfo Outdoor Products Co.Ltd(002780) , Shenzhen China Bicycle Company (Holdings) Limited(000017) , Shanghai Dragon Corporation(600630) . Some institutions said that at present, the dawn of epidemic prevention and control in Shanghai and other places is approaching, and the impact of the epidemic is expected to gradually weaken in May and June. In the future, with the orderly return to normal in store operation, logistics and transportation, it is expected that the retail situation of clothing terminals will improve.
Orient Securities Company Limited(600958) pointed out that with the recent depreciation of the RMB against the US dollar, the export manufacturing sector continued to maintain a high degree of market attention. Under the demand structure of external heat and internal cooling, some textile manufacturing leaders with good fundamentals (obvious global comprehensive competitiveness + relatively stable external demand + expectation of RMB devaluation) are still the main allocation direction of medium and short-term industry hotspots and sources of excess returns. Downstream brand consumption leaders are in the left layout stage waiting for data improvement and verification, and are more dominated by structural opportunities. In the long run, we will continue to be optimistic about the high prosperity of sportswear and beauty (cosmetics and medical beauty).
Founder Securities Co.Ltd(601901) said that under the repeated shadow of the epidemic, China's consumption is weak, and the performance of the clothing and home textile sector is relatively differentiated. The reason is that the impact of the epidemic is still uncertain in the quarter and the control of offline channels is still strict. It is recommended to pay attention to the sports clothing industry with medium and long-term high prosperity and the outdoor sports industry catalyzed by the epidemic, recommend Tebu international, Anta sports and Li Ning, and Comefly Outdoor Co.Ltd(603908) ; In the textile manufacturing sector, due to the recovery of overseas demand and the change of epidemic prevention policies in Vietnam and other places, it is conducive to the manufacturing leader of global production capacity layout; Superimposed with the depreciation of RMB exchange rate, the current export manufacturing is more uncertain. It is suggested to pay attention to the industry leaders Huali Industrial Group Company Limited(300979) , Zhe Jiang Taihua New Material Co.Ltd(603055) , Zhejiang Weixing Industrial Development Co.Ltd(002003) , Shenzhou International with high-quality supply chain and abundant orders.
Huaxi Securities Co.Ltd(002926) believes that in the second quarter, it is generally believed that the opportunities of downstream brands are better than those of upstream manufacturing: 1. In the second quarter, under the background of outflow of overseas orders and delay of Chinese orders, the manufacturing side may be worse than that in the first quarter, but combined with depreciation factors, the profit side is expected to remain stable. The segments with high proportion of overseas layout and no carrying capacity in Vietnam are preferred, and Zhejiang Natural Outdoor Goods Inc(605080) , Zhejiang Jasan Holding Group Co.Ltd(603558) , Zhejiang Xinao Textiles Inc(603889) , Zhejiang Xinao Textiles Inc(603889) ; 2. With the improvement of the epidemic situation in Shanghai, the garment sector is expected to usher in the opportunity of valuation and repair. It is recommended that Baoxiniao Holding Co.Ltd(002154) ; 3. Target of growth track and less affected by economic slowdown: Comefly Outdoor Co.Ltd(603908) , although the company has increased to some extent, its performance may exceed expectations.
favorable policies power sector changes pull up Sichuan Mingxing Electric Power Co.Ltd(600101) and other multi stock limit
In the afternoon of May 18, the power sector rose abnormally, Sichuan Mingxing Electric Power Co.Ltd(600101) , Shenzhen Nanshan Power Co.Ltd(000037) , Gd Power Development Co.Ltd(600795) , Fujian Mindong Electric Power Limited Company(000993) , Yunnan Wenshan Electric Power Co.Ltd(600995) , Ning Xia Yin Xing Energy Co.Ltd(000862) , etc. followed. On the news side, the executive meeting of the State Council recently called for ensuring the normal supply of energy. On the basis of allocating 50 billion yuan of renewable energy subsidies to central power generation enterprises in the early stage and 20 billion yuan of capital injection through the state-owned capital operation budget, another 50 billion yuan of subsidy funds and 10 billion yuan of capital injection will be allocated to support the rescue of coal power enterprises and more power generation. We should optimize policies, strengthen coordination and release advanced coal production capacity in a safe and orderly manner. It is not allowed to switch off and limit power.
Chuancai Securities said that the settlement of the subsidy problem will help improve the cash flow of enterprises and provide new impetus for the development of renewable energy. At present, China's power supply and demand is still tight. From the perspective of power generation structure, China is still dominated by coal power in the short term, and coal power still plays a leading role in power generation in the short term. At present, the price of power coal is still relatively high, and the capital injection of 10 billion is expected to alleviate the operating pressure of power enterprises and ensure the safety of power supply. Since this year, the power sector has experienced a significant correction. From the annual reports of listed companies, green power enterprises have stronger profitability, no problems in fundamentals and certain allocation value.
automobile going to the countryside policy 6 is expected to be issued at the beginning of this month will relevant sectors usher in an inflection point
In the morning trading of May 18, the whole vehicle sector rose sharply, Zhongtong Bus Co.Ltd(000957) rose the limit, Great Wall Motor Company Limited(601633) , Sinotruk Jinan Truck Co.Ltd(000951) , Yangzhou Yaxingmotor Coach Co.Ltd(600213) , Anhui Jianghuai Automobile Group Corp.Ltd(600418) and other stocks followed suit. It is worth mentioning that Zhongtong Bus Co.Ltd(000957) has four connected boards. According to the China Securities News, it was learned from a number of industry insiders that the policy of going to the countryside for cars is expected to be introduced in early June. For cars with models less than 150000 yuan (including fuel vehicles and new energy vehicles), the subsidy range for each car may be Dingli Corp.Ltd(300050) 00 yuan.
On April 25 this year, the general office of the State Council issued the opinions on further releasing consumption potential and promoting the sustained recovery of consumption. The opinions has 20 measures in five major aspects, pointing out the development direction for automobile consumption. For example, Article 7 includes supporting the accelerated development of new energy vehicles; Article 8 includes encouraging and guiding large commercial circulation enterprises, e-commerce platforms and modern service enterprises to extend to rural areas, and promoting brand consumption and quality consumption into rural areas. Focus on automobiles and household appliances, guide enterprises to carry out sales promotion in rural areas, encourage qualified areas to carry out new energy vehicles and green smart appliances to the countryside, and promote the construction of charging piles (stations) and other supporting facilities.
In February this year, the "14th five year plan for promoting agricultural and rural modernization" issued by the State Council mentioned that areas with conditions are encouraged to carry out the renewal of rural household appliances, implement the subsidy for furniture and home decoration and a new round of automobile to the countryside, and promote the renewal of durable consumer goods for rural residents.
In addition to policy incentives, at present, the epidemic situation in various regions has gradually improved, and the resumption of work and production in the automobile industry has also accelerated Guotai Junan Securities Co.Ltd(601211) said that the epidemic in April had a great impact on the supply chain of the automobile industry, and the demand of customers to buy in stores was also affected. The epidemic peak has passed, the resumption of work and production is carried out in an orderly manner, the introduction of demand side policy stimulus is expected to be accelerated, and the supply of new energy vehicles is expected to improve significantly month on month in May.
Huajin Securities pointed out that with the gradual easing of the epidemic and the orderly progress of resumption of work and production, it is expected that the prosperity of the industry will reach the bottom in the second quarter and is expected to recover in the third quarter. In the context of cost upward movement, since the beginning of this year, many passenger car enterprises have transferred cost pressure by raising the price of models. In the current situation of epidemic spread and uncertain trend of external international factors, leaders within the industry have more ability to resist risks, and continue to recommend leaders in various sub sectors.
Dongguan Securities believes that the early sector experienced a sharp correction after being impacted by the epidemic, the market fully released pessimistic expectations, superimposed marginal improvement expectations, the valuation is expected to usher in repair and the configuration value will reappear.
digital economy conference releases positive signals is spring coming in these segments
On May 18, the concept of digital economy was greatly raised, with Beijing Asiacom Information Technology Co.Ltd(301085) , Shenzhen Infinova Limited(002528) , Ronglian Group Ltd(002642) and Si-Tech Information Technology Co.Ltd(300608) , Beijing Topnew Info&Tech Co.Ltd(300895) , Leon Technology Co.Ltd(300603) and other stocks leading the rise. In terms of news, local digital economy legislation is rapidly carried out, and local digital economy promotion regulations have been issued in Beijing, Zhejiang, Guangdong, Henan and other places China Merchants Securities Co.Ltd(600999) believes that the legislation of digital economy is the internal requirement of the high-quality development of digital economy, which is conducive to further stimulate the aftereffect of industrial growth.
Soochow Securities Co.Ltd(601555) said that as an important part of the digital economy, the platform economy is expected to continue to strengthen the value restoration of the sector. Open source Securities believes that the digital economy policy is expected to accelerate the development of cloud computing, industrial Internet, industry information innovation and other subdivided fields, and the computer sector will benefit directly.
[opportunity mining] a lithium mine in Sichuan was hotly bid institutions suggest paying attention to upstream and downstream integrated enterprises
It is reported that on the morning of May 17, 542857% of the equity of Yajiang snowway Mining Development Co., Ltd. held by Chengdu Xingneng new materials Co., Ltd. was auctioned on Jingdong bankruptcy auction platform, with a starting price of about 3.35 million yuan and a deposit of about 335000 yuan. As of 2:45 p.m., the auction target has attracted 11 enterprises or individuals to bid, with the latest bidding of more than 132 million yuan and more than 160000 onlookers.
Huaxi Securities Co.Ltd(002926) pointed out that Q2 was the quarter with the loosest price supply and the lowest price in the whole year. After entering the second half of the year, the price of lithium carbonate probably picked up with the recovery of downstream demand. In the second quarter, the increment of Australian lithium concentrate is still limited, which is difficult to support the growth of downstream demand. It is expected that the price of Q3 Australian lithium concentrate will rise further. In 2022q2-3, the long-term association price of lithium concentrate will rise sharply, and the profit differentiation between lithium salt processing plants and integrated enterprises will become more and more obvious when we see the high fluctuation of lithium salt price. It is suggested to pay attention to the enterprises integrating upstream and downstream.
The agency recommends Youngy Co.Ltd(002192) , which is promoting the 2.5 million T / a lithium ore concentration project in yuanyangba; Lijiagou spodumene mining and beneficiation project is under construction. In the future, it will work with Dongchuan Energy Investment Co., Ltd. to integrate the development of lithium resources in Ganzi and Aba Prefecture Sichuan New Energy Power Company Limited(000155) ; There are abundant reserves of lepidolite resources, and Jiangxi Special Electric Motor Co.Ltd(002176) , which is being processed for the exploration and mining of Xikeng lepidolite deposit; The beneficiaries include Tianqi Lithium Corporation(002466) , which has been increasing production in the next five years and can achieve large-scale production through OEM.
