Follow up comments
On January 18, the Shanghai stock index rose 0.80%, the CSI 300 rose 0.97%, the gem composite fell 1.30%, and the CSI 1000 fell 0.63%. Among the 11 primary industry categories of wind11, the indexes of telecom services, information technology and industry increased or decreased by 0.51%, 0.09% and 0.07% respectively.
Among the 13 wind three-level industry categories involved in the science, technology and intelligent equipment industry chain, the top three sectors are diversified telecommunications services, semiconductor products and semiconductor equipment and electronic equipment, instruments and components, with increases and decreases of 0.51%, 0.26% and 0.16% respectively; The last three sectors were media III, electrical equipment and Internet software and service III, with gains and losses of – 1.62%, – 0.69% and – 0.67% respectively.
In the diversified telecom sector, there was no stock limit or stock limit today. The top three stocks are Servyou Software Group Co.Ltd(603171) , China United Network Communications Limited(600050) and China Telecom Corporation Limited(601728) , with ups and downs of 4.01%, 1.26% and 0.47% respectively; The top three stocks were Bizconf Telecom Co.Ltd(300578) , Net263 Ltd(002467) and Wuxi Online Offline Communication Information Technology Co.Ltd(300959) , with gains and losses of – 2.24%, – 2.01% and – 0.92% respectively.
There was no stock limit or stock limit in the semiconductor products and semiconductor equipment sector today. The top three stocks are Shenzhen Absen Optoelectronic Co.Ltd(300389) , Wuxi Etek Microelectronics Co.Ltd(688601) and Amlogic (Shanghai) Co.Ltd(688099) , with ups and downs of 14.98%, 8.43% and 6.95% respectively; The top three stocks are Tonghui information, Zhejiang Sunflower Great Health Limited Liability Company(300111) and Leaguer (Shenzhen) Microelectronics Corp(688589) , with gains and losses of – 16.49%, – 9.47% and 5.57% respectively.
In the electronic equipment, instruments and components sector, there was no stock limit or stock limit today. The top three stocks are orange tianweiye, Suzhou Etron Technologies Co.Ltd(603380) and Digital China Group Co.Ltd(000034) , with ups and downs of 12.88%, 7.05% and 7.00% respectively; The last three stocks were Jiangsu Skyray Instrument Co.Ltd(300165) , Jianxi Lianchuang Opto-Electronic Science&Technology Co.Ltd(600363) and Dongguan Yutong Optical Technology Co.Ltd(300790) , with gains and losses of 11.21%, 8.24% and 7.80% respectively.
In the media III sector, three stocks rose by the limit and two fell by the limit today. The top three stocks are Guizhou Bc&Tv Information Network Co.Ltd(600996) , Zhejiang Daily Digital Culture Group Co.Ltd(600633) and Jishi Media Co.Ltd(601929) , with increases and decreases of 10.03%, 9.98% and 9.88% respectively; The top three stocks were Shunya International Martech (Beijing) Co.Ltd(300612) , Beijing Fengshangshiji Culture Media Co.Ltd(300860) and Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) , with gains and losses of – 16.36%, – 14.41% and – 10.00% respectively.
In the electrical equipment sector, one stock rose by the limit and one stock fell by the limit today. The top three stocks are Dalian Insulator Group Co.Ltd(002606) , Sinostar Cable Co.Ltd(300933) and Xj Electric Co.Ltd(000400) , with increases and decreases of 10.02%, 8.02% and 7.72% respectively; The top three stocks were Sunway Co.Ltd(603333) , Motic (Xiamen) Electric Group Co.Ltd(300341) and Qingdao Daneng Environmental Protection Equipment Co.Ltd(688501) , with gains and losses of – 9.96%, – 7.07% and 6.42% respectively.
In the Internet software and service III sector, two stocks rose by the limit today, and no stocks fell by the limit. The top three stocks are Jc Finance & Tax Interconnect Holdings Ltd(002530) , Shenzhen Asia Link Technology Development Co.Ltd(002316) and Sichuan Xun You Network Technology Co.Ltd(300467) , with increases and decreases of 10.05%, 10.02% and 6.39% respectively; The last three stocks were Hengxin Shambala Culture Co.Ltd(300081) , Hubei Century Network Technology Inc(300494) and Zhejiang Jinke Tom Culture Industry Co.Ltd(300459) , with gains and losses of – 8.83%, – 8.14% and – 6.43% respectively.
Industry highlights
Contemporary Amperex Technology Co.Limited(300750) release the power exchange service brand evogo to create an overall solution for combined power exchange (Financial Associated Press)
On the 18th, SciDev board Daily reported that times electric service, a wholly-owned subsidiary of Contemporary Amperex Technology Co.Limited(300750) , released the power exchange service brand – evogo and the overall solution of combined power exchange. The scheme consists of three products: power exchange block, quick exchange station and app. Among them, “chocolate power exchange block” is a mass-produced battery specially developed to realize shared power exchange. Using Contemporary Amperex Technology Co.Limited(300750) the latest CTP technology, a single battery can provide a endurance of about 200km, which can be applied to passenger cars and logistics vehicles from A00 level to B level and C level; It is suitable for 80% of the models developed by the pure electric platform that have been listed in the world and will be listed in the next three years. The reporter of the science and Innovation Board daily learned that the power station can be adapted to the models of various brands of “chocolate power exchange block”, so as to realize the freedom of choice of electric vehicle models. In addition, the 001 member of evogo’s “little green ring family” is the power exchange version of FAW Pentium NAT combination. In the future, evogo will select the first batch of ten cities to start the power exchange service and release more brand electric models.
Will Europe give the green light for nuclear power? ( China National Nuclear Power Co.Ltd(601985) information network)
As early as November 2021, the author proposed that although many people believe that Europe is an excellent student in the practice of world energy transformation and an example for China and other countries, the deep-seated core problem exposed by the energy crisis in Europe is the lack of unified energy policy and strategy.
In the political and economic fields, France and Germany are the core of the EU; However, in terms of energy policy, France and Germany are two poles of separation. If France and Germany cannot adjust and coordinate their positions on energy transformation, carbon neutralization strategy and action, it is difficult for the EU to continue to maintain its image as an excellent student in energy transformation. The biggest difference between France and Germany on the EU’s sustainable energy strategy is “is nuclear energy green energy? Should it be supported by the EU’s energy investment policy?”
Controversial green energy
EU countries have long been divided into two camps because of their attitude towards nuclear energy: France, Finland, the Czech Republic and other countries support the listing of nuclear energy as a green energy. These countries are more dependent on nuclear power, and the proportion of nuclear power generation in France even reaches 70%, the highest in the world. Austria, Luxembourg, Spain, Germany and other countries oppose nuclear power. These countries either have no nuclear power plants or are gradually shutting down nuclear power.
At present, Germany’s new deal still plans to close all 6 nuclear power plants in operation in 2022. Even in the current period of “energy crisis” with insufficient natural gas supply and the highest gas price and electricity price in Europe, Germany still shut down three of the originally planned six nuclear power plants.
On 18 June 2020, regulation (EU) No. 2020 / 852 (EU) 2019 / 2088 (taxonomy regulation) on the establishment of a framework and amendment regulations for the promotion of sustainable investment set out a classification system and established a list of environmentally sustainable economic activities. In the context of the European Green agreement, this classification system aims to direct private investment into sustainable activities.
According to media reports such as Reuters and Bloomberg, the European Commission sent a draft proposal to Member States on December 31 last year, which shows that the European Commission plans to temporarily include some nuclear energy and natural gas projects in the “green energy” category. This “green energy” classification, fully known as the “EU sustainability for sustainable activities”, aims to guide private capital to withdraw from highly polluting economic activities and invest in more environmentally friendly industries listed by the EU.
Bloomberg said that this classification is closely watched by global investors and may attract billions of euros of private investment. The European Commission previously classified Cecep Solar Energy Co.Ltd(000591) , geothermal energy, hydrogen energy, wind energy, hydropower and bioenergy. The decision on whether to include nuclear energy and natural gas in the classification was delayed in April last year and has been controversial.
Whether nuclear energy is green energy has always been a controversial topic in the world. The proposal of the EU executive committee marks some natural gas and nuclear energy as green energy, and the investment in nuclear energy and natural gas power that meet the regulations belongs to “green investment”. The proposal lists certain requirements for natural gas power plants and nuclear power plants that can be classified: new nuclear power plants need to obtain construction approval before 2045 and meet a series of standards to prevent major environmental hazards; Natural gas power stations must be used to replace coal-fired power, with carbon dioxide emissions of no more than 270 grams per kilowatt hour. They will be approved for construction before 2030, and will be transformed into renewable energy or low-carbon fuel gas by the end of 2035.
Although nuclear power has certain safety risks, there are almost no greenhouse gas emissions; Although natural gas is a fossil energy, it has low carbon emission and pollution, and is generally regarded as an important energy for the transition to renewable energy. The European Commission issued a statement on January 1 this year that natural gas and nuclear energy can play a role in the transformation to renewable energy. If most EU members support the proposal, it will become law next year (2023).
At the same time of the Glasgow climate summit, several European countries urged the European Commission to recognize nuclear power as a “sustainable” energy. This issue has divided the EU. France, Poland and other eight countries called on the European Commission to recognize nuclear energy as the energy for “sustainable development”. “Nuclear power is a kind of green energy. It produces almost no carbon dioxide,” said Rafael Grossi, director general of the International Atomic Energy Agency (IAEA).
French President macron also holds this view. Before the presidential election in April this year, macron seemed to rediscover nuclear energy. He recently announced that he would invest 1 billion euros in nuclear energy expansion. At present, 70% of France’s electricity consumption comes from nuclear power, which is the highest in the world.
The French government said that without nuclear power, the EU would not be able to achieve the goal of carbon neutrality by 2050 as planned. According to EU diplomats, France has persuaded most EU countries to accept nuclear energy as part of the EU’s “sustainable energy classification standard” through intensive behind the scenes negotiations. Moreover, France, which supports nuclear power, has just begun to hold the rotating presidency of the EU for a period of six months. The standard, which will be announced by relevant EU departments in a few weeks, has attracted the attention of global investors. If nuclear power is indeed listed as “sustainable”, it will be tantamount to advising the financial market to invest in nuclear power projects.
Risk tips
Macroeconomic fluctuation risk; Trade conflicts exacerbate risks; Risk of raw material price rise exceeding expectations, etc.
