Today (January 24), after the Shanghai and Shenzhen stock markets opened low, they gradually fluctuated and rose. The Shanghai index rebounded after repeatedly testing 3500 points of support, and the three major stock indexes were all red near midday; In the afternoon, the rise of the stock index narrowed, and the gem index performed strongly all day. On the disk, energy metals, wind power equipment, tourism hotels, chemical fertilizer and other industries led the increase, while packaging materials, chemical pharmacy, education, insurance, household light industry, logistics, food and beverage and other industries led the decline. In terms of theme stocks, salt lake lithium, hit battery, digital currency, data security, energy storage, electronic license sector and network security led the rise; Covid-19 drugs, super fungi, Helicobacter pylori, industrial marijuana, covid-19 detection, glyphosate and longevity drugs led the decline.
Apple concept stocks rose, with the news that Apple’s autumn conference will launch 14 new products
Apple concept stocks rose in intraday trading on the 24th. As of press time, Telling Telecommunication Holding Co.Ltd(000829) rose by the limit, Kunshan Topa Intelligent Equipment Co.Ltd(300836) , Shenzhen Desay Battery Technology Co.Ltd(000049) , Sunwoda Electronic Co.Ltd(300207) , Luxshare Precision Industry Co.Ltd(002475) , Ningbo Yunsheng Co.Ltd(600366) , Wingtech Technology Co.Ltd(600745) , Goertek Inc(002241) strengthened.
On the news side, it is reported that apple is preparing to launch the most new products in the past years at the autumn conference. Apple plans to launch 14 new products, including four new iPhones, an upgraded affordable MacBook Pro, a new iMac, a new Mac Pro, a new MacBook Air, a second-generation airpods pro, three apple watches, a cheap iPad, and a new iPad pro.
Among them, many product lines are expected to update hardware. Apple may release the iPhone 14 at the regular time in 2022, and other product updates will be carried out at the same time. The specific number will exceed the regular level.
Canalys released data that in the fourth quarter of 2021, global smartphone shipments increased by 1% year-on-year, and the top five brands in terms of market share were apple (22%), Samsung (20%), Xiaomi (12%), oppo (9%) and vivo (8%). In the fourth quarter, despite the impact of lack of materials, the sales of iPhone 13 series in China still reached a historical peak. At present, Apple’s supply chain has begun to recover. In addition, canalys believes that the rise in the price of chip shortage has a great impact on the shipment of low-end products. Most brands solve the shortage problem by changing product specifications, introducing new suppliers and delaying the launch of new products. Canalys expects that the shortage of semiconductor components will be gradually alleviated in the second half of 2022. China Securities Co.Ltd(601066) Securities believes that the apple industry chain still has the best certainty from the two levels of demand and supply. It is suggested to focus on the layout.
seven departments issued a document to promote green consumption, and the collective rise of lithium energy, photovoltaic and other new energy sectors
Boosted by favorable policies, the concepts of lithium battery, photovoltaic and new energy vehicles collectively rose on the 24th. As of press time, nearly 10 shares of lithium battery concepts, Sinomach General Machinery Science & Technology Co.Ltd(600444) , Guizhou Redstar Developing Co.Ltd(600367) , Zangger mining, Yongxing Special Materials Technology Co.Ltd(002756) , Ganfeng Lithium Co.Ltd(002460) , Qinghai Salt Lake Industry Co.Ltd(000792) rose; In terms of the concept of new energy vehicles, Moso Power Supply Technology Co.Ltd(002660) , Shanghai Pret Composites Co.Ltd(002324) , Hainan Drinda Automotive Trim Co.Ltd(002865) and Ningbo Tuopu Group Co.Ltd(601689) , Guangzhou Great Power Energy&Technology Co.Ltd(300438) , Suzhou Ta&A Ultra Clean Technology Co.Ltd(300390) increased by the limit; In terms of photovoltaic concept, Guangdong Golden Glass Technologies Limited(300093) , Yingkou Jinchen Machinery Co.Ltd(603396) , Ningbo Deye Technology Co.Ltd(605117) and Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) , Ginlong Technologies Co.Ltd(300763) are outstanding.
In terms of news, recently, the national development and Reform Commission and other seven departments jointly issued the implementation plan for promoting green consumption, and proposed encouraging measures such as “vigorously promoting new energy vehicles, gradually eliminating local restrictions on the purchase of new energy vehicles” and “government agencies will take the lead in procurement”.
The plan proposes to vigorously promote new energy vehicles, gradually eliminate restrictions on the purchase of new energy vehicles in various regions, promote the implementation of supporting policies such as free travel and right of way, strengthen the construction of supporting infrastructure such as charging and changing electricity, new energy storage and hydrogenation, and actively promote the development of vehicle and marine LNG. Promote the pilot application of new energy vehicle power exchange mode, and orderly carry out the demonstration application of fuel cell vehicles. We will further carry out new energy vehicles to the countryside, encourage automobile enterprises to develop and promote new energy vehicles that meet the travel needs of rural residents, are of high quality, low price, advanced and applicable, and promote the improvement of rural operation and maintenance service system. Reasonably guide consumers to buy lightweight, miniaturized and low emission passenger cars. We will vigorously promote the electrification of vehicles in the public sector and increase the proportion of new energy vehicles in urban public transport, leasing (including online car Hailing), environmental sanitation, urban logistics and distribution, postal express, civil aviation airports and public affairs of Party and government organs. Promote public institutions such as state organs, institutions and organizations to take the lead in purchasing and using new energy vehicles, and equip new and existing parking lots with electric vehicle charging facilities or reserve the installation conditions of charging facilities.
Huaxi Securities Co.Ltd(002926) believes that Shanxi Guoxin Energy Corporation Limited(600617) automobile is in the stage of high-profile development, and the annual sales volume in 2021 increased by 157.5% year-on-year to 3.521 million vehicles. The release of the implementation plan for promoting green consumption shows that the support of national policies for the development of new energy vehicles has increased unabated. Driven by the gradual elimination of purchase restrictions, the implementation of traffic restrictions, right of way and other support policies, the sales volume of new energy vehicles is expected to continue to grow. In the long run, under the goal of “by 2030, the proportion of new energy and clean energy powered vehicles will reach about 40% by 2030” mentioned in the action plan for carbon peak before 2030, the development space of new energy vehicles is relatively broad and the industrial chain continues to improve.
tourism catering sector is active Utour Group Co.Ltd(002707) , Xi’An Qujiang Cultural Tourism Co.Ltd(600706) daily limit
On the 24th, the tourism, hotel and catering sectors made efforts to pull up. As of press time, the tourism sector, Utour Group Co.Ltd(002707) , Xi’An Qujiang Cultural Tourism Co.Ltd(600706) limit, Caissa Tosun Development Co.Ltd(000796) , China Cyts Tours Holding Co.Ltd(600138) , Zhang Jia Jie Tourism Group Co.Ltd(000430) , Huangshan Tourism Development Co.Ltd(600054) , Emei Shan Tourism Company Limited(000888) and other gains were higher; In terms of hotel catering sector, Tongqinglou Catering Co.Ltd(605108) , Guangzhou Lingnan Group Holdings Company Limited(000524) , Jinling Hotel Corporation Ltd(601007) and other outstanding performances.
In terms of news, the Ministry of culture, culture and tourism recently issued the 14th five year plan for tourism development, which defined the stages and objectives of tourism development, focusing on the structural reform of tourism supply side, relevant policies of inbound and outbound tourism and industrial development planning.
In this regard, Wanlian Securities pointed out that China’s economy is facing strong downward pressure recently, and the performance of the tourism market is sluggish.
This time, the State Council issued the tourism development plan for the 14th five year plan, hoping to take advantage of the advantages of wide coverage, strong driving force, high openness and “one industry prospers all industries” to stimulate domestic demand and promote national economic growth. The introduction of the plan is expected to become a strong agent for the development of the tourism industry by alleviating the difficulties faced by the tourism industry, supporting the development exploration of market players and increasing the cultivation and development of the tourism market. If the epidemic situation in China is gradually stabilized this year, the restrictions on cross provincial and cross-border travel are gradually liberalized, and China’s economic recovery and consumption pick-up are superimposed, the leading stock prices in the tourism industry are expected to achieve a positive result of performance growth and valuation return.
Dongguan Securities believes that the 14th five year plan focuses on the stable and orderly recovery and development of tourism, accelerating the structural reform of tourism supply side, the integrated development of multiple industries, promoting tourism enterprises to “go global” and gradually improving the tax exemption policy, which is expected to benefit scenic spots, outbound tourism, OTA, liquor stores, tax exemption and other sectors. It is recommended to pay attention to China Tourism Group Duty Free Corporation Limited(601888) , Shanghai Jin Jiang International Hotels Co.Ltd(600754) , Btg Hotels (Group) Co.Ltd(600258) , Songcheng Performance Development Co.Ltd(300144) , Caissa Tosun Development Co.Ltd(000796) , Utour Group Co.Ltd(002707) , Changbai Mountain Tourism Co.Ltd(603099) , etc.
the printing and issuing agency of the 14th five year plan for ecological environment monitoring believes that the leader is accelerating the horizontal M & A expansion (with shares)
The ecological environment monitoring plan for the 14th five year plan issued by the Ministry of ecological environment recently stipulates that enterprises in key industries such as thermal power, iron and steel, oil and gas mining, coal mining and waste treatment will be organized to carry out pilot monitoring of greenhouse gas emissions such as carbon dioxide and methane, so as to promote the development of carbon emission measurement technology and the improvement of informatization level.
Guotai Junan Securities Co.Ltd(601211) believes that compared with the market scale of more than 10 billion in water treatment and flue gas treatment industry, environmental monitoring belongs to a typical small segment. Although a single segment has small market space and short demand release cycle, emerging monitoring needs continue to appear, and sustainable expansion can be realized through extensive development strategy. The mode of “extensive acquisition + continuous R & D” will become the key for local enterprises to build their core competitiveness. Most of China’s leading environmental monitoring equipment companies have a more comprehensive product line and business layout, with more R & D investment, laying the foundation for entering other relevant market segments. It is believed that at present, the leader of environmental monitoring equipment is accelerating the horizontal merger and expansion, and cutting into other high-profile tracks will bring opportunities for valuation and performance double-click.
Referring to the development history of overseas scientific service giant Thermo Fisher technology, it is believed that at present, China environmental monitoring equipment company is also entering a period of rapid horizontal M & A and expansion. In addition to the original environmental monitoring equipment business, China is accelerating the expansion of emerging segments such as life science instruments and laboratory high-end instruments, Expand the high boom track business and usher in investment opportunities with double-click performance and valuation. Recommend the environmental monitoring industry, and Focused Photonics (Hangzhou) Inc(300203) , Hebei Sailhero Environmental Protection High-Tech Co.Ltd(300137) , Beijing Sdl Technology Co.Ltd(002658) , Ningbo Ligong Environment And Energy Technology Co.Ltd(002322) , Jiangsu Skyray Instrument Co.Ltd(300165) , Lihe Technology (Hunan) Co.Ltd(300800) , Anhui Landun Photoelectron Co.Ltd(300862) , Guangzhou Hexin Instrument Co.Ltd(688622) are the beneficiary targets.
the 14th five year plan for the construction of modern circulation system has been released, and institutions are optimistic about a new round of upward cycle
On January 24, the national development and Reform Commission issued the plan for the construction of modern circulation system in the 14th five year plan, which proposed that by 2025, the construction of modern circulation system will be accelerated, the flow of commodities and resource elements will be smoother, commerce and logistics facilities will be improved, the circulation network and service system outside China will be improved, the circulation formats and modes will be richer and diversified, and the main body of circulation market will be more dynamic, The transportation carrying capacity and financial credit support capacity have been significantly enhanced, the emergency support capacity and green development level have been significantly improved, the circulation cost has continued to decline, the efficiency has been significantly improved, and the basic, leading and strategic role in unblocking the national economic cycle has been significantly improved.
China Merchants Securities Co.Ltd(600999) believes that in aviation, the development of civil aviation in the 14th five year plan will show obvious phased characteristics, but the fundamentals supporting the sustained and rapid growth of China’s civil aviation have not changed. The growth potential of the aviation market is large, and it is still in an important period of strategic opportunities. It is optimistic about the growth space of the medium and long-term aviation market. At present, sporadic outbreaks in China may relapse or become the new normal, but the increase in the proportion of covid-19 vaccination and the introduction of domestic specific drugs can effectively alleviate the impact of the epidemic on the civil aviation field. China’s civil aviation transportation demand will recover in twists and turns. In the medium and long term dimension, the reduction of the supply side will make the aviation sector enter a new round of upward cycle. Focus on the low-cost aviation leader Spring Airlines Co.Ltd(601021) and Air China Limited(601111) with better value in the route.
In terms of express delivery, in 2021, the business volume of national express service enterprises completed 108.3 billion pieces, a year-on-year increase of 29.9%; Business income totaled 1033.23 billion yuan, a year-on-year increase of 17.5%. At present, online consumer demand is resilient, and the growth rate of industry business volume is stable. Under the dual role of policy dividend and fee distribution adjustment, the industry unit price has increased, and the whole has entered a benign development channel. Express listed companies will usher in a comprehensive performance recovery. Focus on recommending comprehensive logistics leaders S.F.Holding Co.Ltd(002352) , Yto Express Group Co.Ltd(600233) , Yunda Holding Co.Ltd(002120) , and actively pay attention to Zhongtong express.
In terms of shipping, the international epidemic continues to spread, the new mutant strain Omicron continues to spread, the port congestion has not been alleviated, and the demand for centralized transportation is at a high level. It is expected that the price of the elderly association will still increase significantly in 2022. The freight rate of dry bulk cargo fluctuates violently. Considering the shortage of global energy supply and the arrival of crude oil to the warehouse, the marginal demand of crude oil transportation is good, and it is optimistic that the supply and demand fundamentals of the industry will reverse in the medium term, focusing on Cosco Shipping Energy Transportation Co.Ltd(600026) .
ten departments issued documents to further improve the service support capacity of electric vehicle charging infrastructure, and relevant industrial chains may be concerned (with shares)
Ten departments including the national development and Reform Commission and the National Energy Administration recently jointly issued the implementation opinions on further improving the service guarantee capacity of electric vehicle charging infrastructure. The implementation opinions put forward that by the end of the 14th five year plan, China’s electric vehicle charging guarantee capacity will be further improved to form a moderately advanced, balanced layout, intelligent and efficient charging infrastructure system, It can meet the charging demand of more than 20 million electric vehicles. The implementation opinions proposed to continue to increase the research and development of new technologies and continuously improve the standard system. We should give full play to the energy storage characteristics of power batteries, explore and promote orderly charging, V2G and other forms, and realize the collaborative interaction between electric vehicles and power grids. Promote the power exchange mode according to local conditions in scenarios such as mines, ports and urban transshipment.
In terms of A-share investment, Chuancai Securities pointed out that while the sales of new energy vehicles have increased greatly, the utilization rate of public charging piles will also be improved. Except for the special calls from the head enterprises, other charging pile operation enterprises are also expected to improve their profits, and the era of charging pile operation profit is coming. In addition, both special call and star charging have introduced a number of shared private piles. These charging piles do not require enterprises to invest in construction costs, but can share profits, which will also improve the profitability of charging pile operating enterprises and effectively improve the industry fundamentals. It is suggested to pay attention to the charging pile industry chain, with relevant targets: Qingdao Tgood Electric Co.Ltd(300001) , Shenzhen Kstar Science & Technology Co.Ltd(002518) , Shenzhen Sinexcel Electric Co.Ltd(300693) , Shenzhen Increase Technology Co.Ltd(300713) , etc.
Citic Securities Company Limited(600030) pointed out that the rapid growth in the production and sales of new energy vehicles will accelerate the development of the charging and replacement industry. Considering the advantages of more efficient power replacement mode, more friendly to the power grid and land, as well as the disadvantages of low standardization, closed system and high investment cost, it is estimated that the Shanxi Guoxin Energy Corporation Limited(600617) vehicle energy supplement market will continue to maintain the pattern of charging first and power replacement second in the next five years, However, driven by capital, OEMs and policies, it is expected that the application and promotion of power exchange mode in some high-end passenger cars and operating vehicles will accelerate significantly. Key recommendations: 1) third party battery suppliers and operators with strong resource integration ability in the power exchange field, such as Contemporary Amperex Technology Co.Limited(300750) and Qingdao Tgood Electric Co.Ltd(300001) leading in the charging operation industry. It is recommended to pay attention to Gcl Energy Technology Co.Ltd(002015) ; 2) For power exchange equipment providers benefiting from the rapid increase of industry sales, it is recommended to pay attention to Suzhou Harmontronics Automation Technology Co.Ltd(688022) , Bozhon Precision Industry Technology Co.Ltd(688097) , Shandong Weida Machinery Co.Ltd(002026) .
