Chen Lifen believes that in 2019, consumption will continue to play a fundamental role in economic development. The new consumption promotion policy will focus on the following aspects: one is to allow consumers to have goods and services to consume, to improve the quality of goods, and to enrich the choices of goods and services; the second is to let consumers have money to consume, and to enhance the purchasing poBuy stocks in Shanghai?wer of ordinary people; Those who are guaranteed to consume without worries, that is, to improve social security and optimize the consumption environment; the fourth is to allow consumers time to consume and encourage consumption through policies such as paid vacation.
Huaxin Investment, a major fund management institution, said that the second phase of the major fund will maintain high-intensity continuous support for companies that have been deployed in the fields of etching machines, thin film equipment, testing equipment, and cleaning equipment; continue to fill in the gaps and accelerate the development of photolithography machines and chemistry. The investment layout of core equipment such as mechanical grinding equipment and key parts and components; the formation of a group to go overseas to cultivate the seedlings of mainland applied materials or Dongdian Electronics; continue to promote the downstream application of domestic equipment and materials.
On July 15, four fund companies, ICBC Credit Suisse, Huatai Bai Rui, China Xia, and E Fund, applied for the first batch of 50 ETFs on the Science and Technology Innovation Board, and the development of related products has attracted wide market attention. It is understood that at present, the four fund companies are actively carrying out investment and education work related to the Science and Technology 50 Index. Zhang Yun, general manager of the Index Investment Center of ICBC Credit Suisse Asset Management, stated that the Science and Technology 50 Index, as the only core index that characterizes the science and technology innovation board, can fully reflect the overall performance of science and innovation enterprises, and its scarcity is obvious. It provides a good way for individual investors to share the technology cycle dividends. Participation tool.
To some extent, this is a list of stagflation white horse stocks. Against the background of the collective soaring of White Horse stocks, it is quite dazzling. Poor performance expectations may be an important factor in its weak trend. For example, Zheneng Power’s third quarterly reported net profit dropped by 342% year-on-year due to the soaring coal price, and this expectation still exists; another example, Changan Automobile's third-quarter reported net profit fell nearly 25% year-on-year, which was subject to the rise of domestically-produced cars.
Anxin’s strategy believes that although downward pressure on external demand is inevitable in the next stage, the epidemic is the first to be brought under control, and the economy has shown signs of gradual recovery. With the firm support of policies, the upward trend of the domestic demand sector will be more certain, and in this process Medium liquidity will remain abundant, and the overall valuation of the A-share market has been at the bottom of history. Recently, the pace of monetary policy is showing signs of speeding up. Overseas markets are gradually getting out of panic. The probability of reaching a new round of crude oil production reduction agreements has increased. We believe that the short-term A The stock market is expected to continue to rebound. In terms of structure, we can focus on domestic consumption, new infrastructure and traditional infrastructure. At the same time, we can focus on high-quality companies whose quarterly reports exceed expectations in the near future.
In addition, in the global coordination of central and banks, the Federal Reserve stated that the Bank of Canada, the Bank of England, the Bank of JapaBuy stocks in Shanghai?n, the European Central Bank, the Federal Reserve, and the Swiss National Bank have taken actions to strengthen global dollar liquidity through existing dollar swap arrangements.
On the first trading day of 2020, Kweichow Moutai (600519) announced its full-year operating conditions. Both revenue and net profit increased by 15%. This performance is also considered to be slightly lower than expected. Affected by this, Kweichow Moutai opened 65% lower, closed down 01% midday, and its market value fell 63 billion yuan in one morning. For Kweichow Moutai’s 2019 performance, not only did it reflect obvious signs of slowing down in revenue and net profit, but also the market’s expected fourth-quarter direct sales volume increase profit did not appear, and Kweichow Moutai’s net profit in the fourth quarter of 2015 also appeared. Decline again since the year. Market analysts said that it still depends on the situation throughout the year, and said that the annual performance of Kweichow Moutai in 2019 is in line with the plan at the beginning of the year, 2020 is not radical, and Moutai's fundamentals are worry-free, and that price adjustments around the fourth quarter are worth looking forward to. Profit is slightly lower than expected. On the first trading day of 2020, Kweichow Moutai issued an announcement on production and operation. After preliminary calculations, revenue in 2019 was 88.5 billion yuan, a year-on-year increase of 15%; net profit attributable to shareholders of listed companies was 40.5 billion Yuan, a year-on-year increase of 15%. At the same time, the total operating income of 2020 is planned to increase by 10% year-on-year. A market analyst who has been tracking Moutai for a long time told a reporter from Securities Times e company that the profit in 2019 was slightly lower than expected. At the opening in the morning, Kweichow Moutai's share price opened 65% lower, and then continued to fall, with a minimum of 66% to 1116 yuan. Both revenue and net profit will grow by 15%, and the 2020 business plan will grow by 10%. Such a trend clearly shows signs of slowing down in Kweichow Moutai’s revenue and net profit growth. The above-mentioned analysts also pointed out that the amount of Moutai in 2020 is still relatively tight, so that Wuliangye (000858) and Luzhou Laojiao (000568), which are the leading high-end liquors, are more favorable. After the convening of several liquor company distributor meetings last week, China Merchants Securities pointed out that in 2020, seeking progress while stabilizing will become the main theme of development. Brand, quality construction and mechanism, and system optimization will become the focus of development, with structural upgrades, channel optimization, and regional expansion. New momentum for development. The liquor industry has entered a structural cycle, the output has stabilized for a long time, the national brand + regional strong brand structure has gradually formed, and the systemic competition era has highlighted the role of quality and mechanism. It is also recommended to continue to increase its holdings of national leaders: Kweichow Moutai, Wuliangye, Luzhou Laojiao, Shunxin Agriculture (000860), etc., and three outstanding regional liquors: Shanxi Fenjiu (600809), Gujing Gongjiu (000596), Jinshiyuan (603369) .
You will find that all indices have formed a resonance, which means that next Monday will determine the short-term trend of the entire market. Either, rebirth from adversity under the leadership of the weight of innovation, or break the position together to start a new wave of downside. If the break is down, then the theoretical low of the Shanghai Stock Index is around 2850; if there is no break next week and there is a trend of yang and yin, then the market's rebound point is roughly at 2940.
Not only brokerage stocks, but the entire big blue-chip sector is also full of restlessness, and insurance, coal, automobiles, and banks have also risen sharply. Life’s daily limit, Datong Coal Industry, Open Coal Industry, Shanxi Coal International’s daily limit, auto stocks BYD, FAW Jiefang’s daily limit, Lifan, Changan Automobile, Jinbei Auto are approaching their daily limit, Qingnong Commercial Bank’s daily limit again today, Ping An Bank rose by more than 6%, China Merchants Bank surged more than 4%.