As of press time, 4 stocks including Hongda Shares and Zhefu Shares have reached their daily limit, and 7 stocks including Sifang Jingchuang, Gao Weida and Hailian Jinhui have risen by more than 5%. According to the Bitcoin trading platform Bitstamp, Bitcoin has continued to rebo

In early trading on Tuesday, digital currency concept stocks were stronger. As of press time, 4 stocks, including Hongda Shares and Zhefu Shares , have reached their daily limit, and 7 stocks, including Sifang Jingchuang, Gao Weida, and Hailian Jinhui, have risen by more than 5%. The sector index rose 2.58%, ranking among the top gainers.

According to the Bitcoin trading platform Bitstamp, Bitcoin has continued to rebound in the short term, exceeding US$11,000, with an increase of nearly 20% within the month.

News, on July 20, according to Japan’s Kyodo News Agency, the Group of Seven (G7) Japan, the United States and Europe have basically decided to cooperate on the issuance of a central bank digital currency (CBDC). It is planned to hold discussions at a summit meeting (G7 Summit) to be held in the United States from the end of August to early September, and share practical issues and the wisdom of various countries.

Last week, the U.S. Office of the Comptroller of the Currency said U.S. banks can provide custody services for customers’ crypto assets, which may also help make the asset class more attractive to some investors. In addition, the U.S. court ruled last Friday that Washington law defines Bitcoin as money, which also encouraged the digital currency market.

In addition, recently, the Digital Currency Research Institute of the People's Bank of China and Didi Chuxing officially reached a strategic cooperation agreement to jointly research and explore the scenario innovation and application of digital currency (DCEP) in the field of smart travel. In addition, companies and banks such as Bilibili and ByteDance are also actively participating in the implementation of DCEP.

Guotai Junan believes that the digital currency industry chain can be divided according to currency links, which can be roughly divided into issuance, circulation, security and other links; according to market entities, it can be roughly divided into central bank, bank, public and enterprise fields. The central bank is responsible for the research and development of the underlying architecture and technology of digital currency. Central bank-side IT is a brand-new market and the cornerstone of digital currency. It is expected to be dominated by the central bank’s self-research, supplemented by state-owned banks and core social IT companies, in terms of security encryption. Other areas may be open to relevant manufacturers. For bank IT, the launch of digital currency will bring opportunities for bank IT technology innovation and transformation from the underlying technical architecture (transformation of digital currency commercial bank libraries, core systems and other related systems), and the development of the bank IT industry will usher in Dongfeng, the industry is expected to usher in a new round of valuation expansion. For POS and ATM manufacturers, they need to meet the requirements of digital currency, and their equipment is facing a wave of upgrades. For security encryption manufacturers, electronic authentication, security encryption and other fields are the basis for the safe and stable operation of digital currency, and relevant manufacturers are expected to benefit. At present, DCEP is being piloted on a small scale and has begun to expand to Internet companies such as Didi, , Meituan, and . It is expected that the issuance of global digital currencies will accelerate across the board, and the first year of legal digital currencies is right around the corner. Bank IT, POS, ATM, security encryption and other software and hardware manufacturers are facing a new round of upgrading. They are optimistic about the opportunities of industry chain companies. We mainly recommend Uboxun (300531), Radio and Television Express (002152), digital certification (300579); Benefit company Hengbao shares (002104).

Guosheng Securities pointed out that the central bank’s digital currency is currently being piloted in Shenzhen, Suzhou, Xiongan, and Chengdu. The central bank’s digital currency research institute has also been rumored to have contacted Didi, Bilibili, Meituan and other institutions, through merchants. C-side services pave the way. As international competition accelerates, the implementation of China's central bank's digital currency is expected to accelerate. We are optimistic about the impact of China's central bank's digital currency on the electronic payment industry chain. We recommend paying attention to the following stocks:

1. Bank IT: Sifang Jingchuang, Changliang Technology , Yuxin Technology, etc.;

2. Payment service provider: has Internet payment, mobile payment, and acquiring qualifications (Lakara, Hailian Jinhui, etc.); has laid out new technologies such as face payment ( Hengbao Shares etc.); has laid out leading Internet institutional service providers, such as Huafeng Microfiber ; leading POS/ATM manufacturers (New World, New Guodu , Radio and Television Express , Julong Co., Ltd., etc.); has advantages in specific scenarios ( New Cape etc.).