[Important data]
[Zhitong View]
1. Overnight US stocks The Dow Jones Industrial Average fell 90.55 points, or 0.25%, to 36398.08 points; the Nasdaq fell 24.65 points, or 0.16%, to 15741.56 points; The S&P 500 index fell 14.33 points, a decrease of 0.30%, to 4778.73 points. The Hong Kong stock ADR index rose. Calculated on a proportional basis, it closed at 23,552 points, a surge of 440.25 points or 1.87%.
2. U.S. stocks and Chinese concept stocks surged overnight. The Nasdaq Golden Dragon Index rose 9.39% to close at 8,990 points, the largest single-day increase since 2008. The iShares MSCI China Index ETF rose 3.59% to close at 63.15 points. On the last trading day of 2021, the Hang Seng technology stock index rebounded today.
3. New Year’s Day closing arrangements: A shares The market will be closed from January 1 (Saturday) to January 3 (Monday), and will open as usual from January 4 (Tuesday). Hong Kong stocks will be closed from the afternoon of December 31, 2021 (this Friday) to January 2, 2022 (this Sunday).
4. China Securities Regulatory Commission Chairman Yi Huiman: We are working hard to formulate a market-wide registration-based reform plan and solidly advance relevant preparations to ensure the smooth implementation of this major reform. It is good for the valuation restoration of the sector of Chinese-funded brokerage stocks.
5. Zhengmei Machinery (00564) and Soenger China plan to jointly invest 300 million yuan to establish Soenger Electric to lay out the core components industry chain of new energy vehicles. After the establishment of the joint venture, it will mainly carry out the research and development, manufacturing, sales and service of new energy vehicle electric drive system assemblies and core components, integrate global resources, deeply penetrate the Chinese market, quickly respond to the needs of Chinese customers, and create an integrated integration Supply capabilities of drive motor, transmission , controller, software control, etc.
6. Beijing Energy International (00686) plans to acquire five photovoltaic power generation project companies in Hebei to expand its business scale. It is reported that the consideration for transferring all the equity of each target company is 1 yuan (RMB, the same below). The total consideration for the acquisition is $5. The buyer agrees that each target company should bear the corresponding debts of the target company, the amounts of which are RMB 780.5 million, RMB 120.6 million, RMB 1.3705 billion, RMB 1.876 billion and RMB 1.826 billion respectively, and the target company will continue to perform the relevant valid contracts signed by the target company. .
7. Bank of Qingdao (03866) issued an announcement recommending the issuance of A shares and H shares through a rights issue. It is planned to issue approximately 824 million A shares and 529 million H shares on a "10-for-3" basis. The subscription price for each H share rights issue share is HK$3.92, and the subscription price for each A share rights issue share is RMB 3.2 yuan.
8. China Huarong (02799) completed the issuance of approximately 39.216 billion domestic shares and 1.961 billion H shares, raising RMB 42 billion.
9. The first car of Evergrande Automobile (00708)'s first mass-produced model, Hengchi 5, successfully rolled off the assembly line on December 30, 12 days ahead of schedule. People familiar with the matter revealed that the Tianjin factory held a low-key offline event that day. It is reported that Evergrande Automobile will hold a ceremony for the first car to roll off the assembly line in early January.
10. The leading paper company APP recently issued three price increase letters, announcing that it would increase the prices of some paper products starting from January 1, 2022. Chenming Paper and Bohui Paper followed closely and issued price increase notices one after another. The reporter learned from some paper companies that the reasons for this round of rising paper prices are, on the one hand, rising prices of raw material pulp and freight, and on the other hand, increased downstream demand. Judging from the current paper price, it has not yet returned to the high point at the beginning of the year. Related Hong Kong stocks involved include Chenming Paper (01812), Nine Dragons Paper (02689), Sunshine Paper (02002), and Lee & Man Paper (02314).
11. Zhonghuan continues to reduce silicon wafer prices, with the price of 210 silicon wafers falling by as much as 7.8%. Relevant Hong Kong stocks involved include GCL-Poly Energy (03800) and New Energy (01799).
[Company News]
China South City (01668): Special Zone C&D Group plans to subscribe for 3.35 billion shares and will become the main shareholder and the single largest shareholder
Jinli Permanent Magnet (06680) will start the IPO on December 31 and plans to sell globally for approximately 1.255 100 million shares
Xinchang Chuangzhan Holdings (01781): The liquidation petition has been postponed to March 21, 2022 and the trading suspension will continue
Deying Holdings (02250) will launch an IPO on December 30 and plans to sell 120 million shares globally
Bank of Chongqing (01963 ) The implementation of A-share price stabilization measures has been completed. Relevant directors, senior management and the largest shareholder have increased their holdings of approximately 3.0231 million shares
Sihuan Pharmaceutical (00460): Yaozhong International plans to acquire the entire equity of Genesis, a manufacturer of high-quality aesthetics and biomedical products.
Chunli Medical (01858): 250 million domestic shares were converted into equivalent A shares and another 38.428 million A shares were issued.
Sinopec Oilfield Services (01033): Brazilian subsidiary and the Federal Taxation Bureau of Rio de Janeiro negotiated tax penalties. Reached a settlement
Fudan Zhangjiang (01349) recently received a total of 19.1266 million yuan in government subsidies
Shandong Xinhua Pharmaceutical Co., Ltd. (00719) has received a total of 41.7807 million yuan in subsidy funds since January
Zhengzhou Coal Machinery (00564) and Soenger China plan to jointly Invested 300 million yuan to establish Soenger Electric to lay out the new energy vehicle core parts industry chain
Beijing Energy International (00686) plans to acquire five photovoltaic power generation project companies in Hebei to expand its business scale
Landsea Green Life (01965) plans to spend approximately 107 million Yuan acquired a group of property management companies
Bank of Qingdao (03866) plans to issue approximately 824 million A shares and 529 million H shares on a "10-for-3" basis
Semiconductor Manufacturing International (00981) recently issued a total of 126,200 additional shares Shares
Tencent Holdings (00700) recently issued a total of approximately 4.5746 million additional shares
China Huarong (02799) completed the issuance of approximately 39.216 billion domestic shares and 1.961 billion H shares to raise 42 billion yuan
and Platinum Pharmaceuticals -B (02142 ): The trustee recently purchased 7.7 million shares
Huatai Securities (06886) under the share award plan and completed the issuance of 4 billion yuan of short-term corporate bonds
CIFI Holding Group (00884) recently purchased a principal amount of US$4.6 million from January 2022 to Ansteel Co., Ltd. (00347) appointed Zhang Peng as deputy general manager of the company
[Macro and Industry]
1. State-owned Assets Supervision and Administration Commission: Issuing the "Guidance on Promoting the High-Quality Development of Central Enterprises and Doing a Good job in Carbon Neutralization at the Peak" Opinion". By 2025, the comprehensive energy consumption per 10,000 yuan of output value of central enterprises will decrease by 15% compared with 2020, the proportion of renewable energy power generation installed capacity will reach more than 50%, and the revenue proportion of strategic emerging industries will not be less than 30%. In order to achieve carbon emissions Peak lays a solid foundation.
2. Ministry of Industry and Information Technology: From January to November, my country's Internet and related service enterprises above designated size achieved business revenue of 1,415.5 billion yuan, a year-on-year increase of 22.3%. The growth rate dropped 1.1 percentage points from January to October, and the two-year average growth rate was 17.5%. From January to November, Internet companies achieved operating profits of 128 billion yuan, a year-on-year increase of 14.8%, and the growth rate dropped 6.5 percentage points from January to October.
3. Ministry of Industry and Information Technology: In November, the added value of the electronic information manufacturing industry above designated size increased by 13.5% year-on-year, and the growth rate was 4.2 percentage points higher than the same period last year. It was 9.7 percentage points higher than the growth rate of industrial added value above designated size in the same period, but higher. The growth rate of added value of technology manufacturing industry was 1.6 percentage points lower. From January to November, the added value of the electronic information manufacturing industry above designated size increased by 16.2% year-on-year, and the growth rate was 9.0 percentage points higher than the same period last year.
4. Ministry of Commerce: my country’s total import and export volume in the first 11 months was US$5.47 trillion, a year-on-year increase of 31.3%, and there were 553,000 active foreign trade entities; in the first three quarters, net exports of goods and services contributed 19.5% to GDP, driving GDP growth. About 2 percentage points.
5. Central Bank : Two "dual carbon" tools have been successfully implemented recently. The People's Bank of China has issued the first batch of carbon emission reduction support tool funds of 85.5 billion yuan to relevant financial institutions. Support financial institutions have issued 142.5 billion yuan of carbon emission reduction loans that meet the requirements, to a total of 2,817 enterprises, driving the reduction of carbon emissions. About 28.76 million tons.
6. Foreign Exchange Administration : In November, my country’s international trade in goods and services income based on the balance of payments was 2.186 billion yuan, expenditure was 1.8981 billion yuan, and the surplus was 287.9 billion yuan.Among them, the income from trade in goods was 1,978.5 billion yuan, the expenditure was 1,658.3 billion yuan, and the surplus was 320.2 billion yuan; the income from trade in services was 207.5 billion yuan, the expenditure was 239.8 billion yuan, and the deficit was 32.3 billion yuan.
7. State Intellectual Property Office : The added value of national patent-intensive industries in 2020 was 12,128.9 billion yuan, an increase of 5.8% over the previous year (without deducting price factors, the same below), and gross domestic product (GDP) over the same period The current price growth rate is 3.1 percentage points higher; its proportion in GDP is 11.97%, an increase of 0.35 percentage points from the previous year.
8. China Railway Group : During the Spring Festival in 2022, national railways are expected to carry 280 million passengers, a year-on-year increase of 28.5% and 69% of the same period in 2019. The maximum passenger transport capacity for the entire Spring Festival in 2022 will increase by more than 10% compared with the same period in 2019.
9. China Fund Management Association : The management scale of Shanghai Lingren Private Equity Fund Management Partnership (Limited Partnership), a subsidiary of Hillhouse , has exceeded 10 billion yuan. Lingren Fund was established on July 6, 2021, and completed registration on August 20, with a registered capital of 10.05 million yuan. The scale of management went from filing to exceeding 10 billion yuan in only 4 months.
10. Qunar.com: As of December 30, the number of hotel bookings for the first to sixth days of the lunar calendar in 2022 has exceeded the bookings for the same period at the end of 2019; the number of train tickets issued in the last week of 2021 has increased by about 20% month-on-month. Surfing, skiing, glacier viewing, and hot spring bathing are popular on New Year’s Day, and the demand for surrounding short-distance travel has increased more than three times compared with normal days.
[Main shareholders increase or decrease holdings]
On December 23, BlackRock increased its holdings of 89,700 shares of Pharmaron Chemicals (03759), priced at HK$121.2082 per share, for a total amount of approximately HK$10.8724 million. After the increase, the latest number of shares held was approximately 9.4431 million shares, and the latest shareholding ratio was 7.05%.
On December 23, Goldman Sachs increased its holdings of 121,000 shares of Asymchem (06821), with a price per share of HK$316.8448, and a total amount of approximately HK$38.3382 million. The latest number of shares held after the increase was 4.1467 million shares, and the latest shareholding ratio was 22.52%.
On December 23, JPMorgan increased its holdings of 1,386,207 shares of Chi-Med Medicine (00013), priced at HK$56.9261 per share, for a total amount of approximately HK$78,911,400. After the increase, the latest number of shares held was approximately 61.3752 million shares, and the latest shareholding ratio was 7.09%.
On December 28, Xinyi Glass increased its holdings of 2.576 million shares of Xinyi Solar (00968), with a price of HK$12.9457 per share, and a total amount of approximately HK$33.3481 million. After the increase, the latest number of shares held was approximately 2.064 billion shares, and the latest shareholding ratio was 23.21%.
[Major Bank Rating]
Huatai Securities: First to give Jingdong Logistics (02618) a "buy" rating target price of 34.5 Hong Kong dollars
Essence Securities : SenseTime-W (00020) has a deep accumulation in AI technology research and a reasonable valuation 4.86-5.84 Hong Kong dollars
China Merchants Securities International: Maintain Great Wall Motors (02333) "Buy" rating target price 40 Hong Kong dollars
CICC : Give Dongfang Electric (01072) "Outperform the industry" rating target price rose 44.4% To 15.72 Hong Kong dollars
Tianfeng Securities : Give Xtep International (01368) a "buy" rating and stable growth. It is recommended to actively pay attention to
[Trading Alarm]
In the prospectus: Huanlong Holdings (02260), Deying (02250), Jin Liyong Magnetic (06680)
performance announcement: Li Century (00860), Huanghe Industrial (00318)
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