Both the Shenzhen Component Index and the ChiNext Index fell back, with the ChiNext Index falling more than 1% and falling below 2,800 points. As of the close, the Shanghai Stock Exchange Index fell 0.32%, the Shenzhen Component Index fell 0.28%, and the ChiNext Index fell 1.02%.

Closing Comprehensive Review

A-share :

html On July 1, the Shanghai Stock Index fluctuated within a narrow range in early trading, and fell slightly in the afternoon; the Shenzhen Component Index and the GEM Index both fell back, with the GEM Index falling by more than 1% and falling below 2,800 points; the transactions in the two cities The amount has exceeded one trillion for 7 consecutive trading days. As of the close, the Shanghai Stock Exchange Index fell 0.32%, the Shenzhen Component Index fell 0.28%, and the ChiNext Index fell 1.02%. In terms of sectors, cultivated diamonds, energy metals, public utilities, engineering machinery, chemical fertilizers and other sectors were among the top gainers; tourism hotels, aviation and airports, HIT batteries, education, real estate services and other sectors were among the top losers.

Guosheng Securities said that as the market enters July, the style may switch. The automobile sector, which had previously led the rise, is the first to fall back, and institutions or active funds may tend to companies with performance growth; with the sharp rise in photovoltaic, wind power and other sectors, the market may New hot topics have emerged. After the disclosure of interim results, many listed companies may diverge. A group of companies' profit growth will have a bottom effect in the middle of the year. Subsequently, as the balance sheet is repaired, the marginal effect of profit growth will improve. The stock price will also be restored, and attention will be paid to the opportunities for supplementary gains in semiconductors, military industry, consumer electronics, and large consumer goods.

A-share statistics:

1, the turnover of the two cities is 1.05 trillion yuan.

2. The net inflow of main funds in the Shanghai and Shenzhen stock markets was 6.767 billion yuan. Chemicals, machinery and equipment, non-ferrous metals, received the largest net purchases by main funds, and electronics, non-bank finance, and food and beverages received the largest net sales by main funds. .

3. As of the latest closing on July 1, there were 13 stocks in the two cities, and the stock price of hit a record high. Among them, the net inflow of major funds such as TCL Central, China Mining Resources, and Yongxing Materials was more obvious on the 5th.

Hot Spots

1, Caixin Manufacturing PMI hits a 13-month high, supply and demand improve simultaneously

The Caixin China Manufacturing Purchasing Managers Index (PMI) released on July 1 was 51.7, the first improvement in four months. , the highest since June 2021. Wang Zhe, senior economist at Caixin Think Tank, said that supply and demand in the manufacturing industry improved simultaneously in June, and the supply recovery was stronger. In the post-epidemic period, recovery is still the main line of current economic operations, but it is obvious that the foundation for economic recovery is not yet solid. The weak job market has worsened residents' income and expectations, which is the direct reason for the limited recovery intensity of current market demand. It is recommended that assistance and relief policies should More focus will be placed on corporate employees, flexible employment personnel and low-income groups affected by the epidemic.

2. National Development and Reform Commission: Increase supporting policy support and solidly promote the revitalization of existing assets

The General Office of the National Development and Reform Commission issued a notice on revitalizing existing assets to expand effective investment. When local development and reform departments carry out investment and financing cooperation and docking work, they should focus on revitalizing existing assets and actively promote relevant projects. Support financial asset management companies , financial asset investment companies, and state-owned capital investment and operating companies to participate in the revitalization of existing assets. Banks and other financial institutions are encouraged to provide financing support for new projects that recover capital investment in accordance with market-oriented principles. We are encouraged to study and formulate effective measures to revitalize existing assets based on the actual situation of the region and local conditions, and issue relevant documents to promote relevant institutions in the region to actively revitalize existing assets and expand effective investment. When revitalizing existing assets, all market entities should be treated equally, and private enterprises should be encouraged to participate in the revitalization of state-owned assets based on actual conditions, actively revitalize their own existing assets, and promote sustainable and healthy development.

3. The first batch of transactions for foreign institutional investors to enter the Shenzhen Stock Exchange bond market were smoothly completed

html On June 30, the "Detailed Implementation Rules for the Bond Transactions and Registration and Clearing Business of Overseas Institutional Investors of Shenzhen Stock Exchange China Securities Depository and Clearing Co., Ltd." were officially implemented. The Exchange will work with China Clearing, member institutions, custodian institutions and other market parties to steadily and orderly promote the implementation of the business. It is reported that on the first day of implementation, Bank of China (Hong Kong) Co., Ltd. and Bank of China Macau Branch successfully completed the first batch of transactions in accordance with the "Implementation Rules", and the market operated stably, forming a good demonstration and driving effect.

4. The Shenzhen Securities Regulatory Bureau failed to disclose the 2021 annual report in a timely manner as required. The Shenzhen Securities Regulatory Bureau took corrective measures against Jushenghua

The Shenzhen Securities Regulatory Bureau issued a decision stating that Jushenghua Co., Ltd., as a corporate bond issuer, failed to disclose in a timely manner as required. The 2021 annual report violated the provisions of Article 4, Article 50, and Paragraph 1 of Article 51 of the "Measures for the Administration of Corporate Bond Issuance and Trading" (CSRC Order No. 180). According to the provisions of Article 68 of the "Administrative Measures for the Issuance and Trading of Corporate Bonds", the Shenzhen Securities Regulatory Bureau decided to take regulatory measures to order corrections against Jushenghua Co., Ltd. Jushenghua Co., Ltd. should attach great importance to the above-mentioned issues, make effective rectifications, fulfill its information disclosure obligations in accordance with the law, and submit a written rectification report to the Securities Regulatory Bureau within 30 days from the date of receipt of this decision.

5. Cobalt prices have fallen by 17% in the past month, and lithium prices have stabilized.

Data released by Shanghai Steel Union on July 1 showed that the quotation of electrolytic cobalt was 373,000 yuan/ton, a 17% decrease from the same period last month. The prices of cobalt oxides such as cobalt chloride and cobalt sulfate have continued to fall. According to monitoring by Shanghai Nonferrous Metals Network, affected by the sluggish consumption of domestic electronic products, the overall growth in cobalt demand is not large, cobalt prices continue to fall back, and spot purchases are stagnant. Data from Shanghai Steel Federation shows that in the past month, the price of battery-grade lithium carbonate has remained at around 470,000 yuan/ton, basically stable.

6, Ministry of Agriculture and Rural Affairs : The average price of pork in the national agricultural product wholesale market increased by 1.9% compared with yesterday

According to monitoring by the Ministry of Agriculture and Rural Affairs, as of 14:00 today, the average price of pork in the national agricultural product wholesale market was 24.55 yuan/kg, which was higher than yesterday. 1.9%; beef 77.10 yuan/kg, down 0.1% from yesterday; mutton 66.45 yuan/kg, up 0.6% from yesterday; eggs 9.50 yuan/kg, down 0.7% from yesterday.

7, Taiwan media: TSMC’s three major customers Apple , AMD, and NVIDIA have lowered their order volumes

According to Taiwan’s “Electronic Times”, it is rare for TSMC’s three major customers to adjust their orders. Currently, mass production of Apple's iPhone 14 series has started, but the target of shipping the first batch of 90 million units has been reduced by 10%. In addition, Advanced Micro Devices (AMD) and Nvidia told TSMC that they had to adjust their order planning due to the sharp decline in PC market demand and the subsidence of the "mining" craze. Among them, AMD reduced its order planning from the fourth quarter of this year to the first quarter of 2023. There were approximately 20,000 7/6 nanometer orders in the quarter, and Nvidia requested to delay and reduce orders in the first quarter. Due to the rapid decline in terminal demand, extended equipment delivery periods and insufficient labor, TSMC's new Kaohsiung plant may be delayed until the end of 2024 or 2025 for mass production.

Company News

1, Li Auto : Delivered 13,024 units of Ideal ONE in June , a year-on-year increase of 68.9%

Li Auto: Delivered 13,024 units of Ideal ONE in June, a year-on-year increase of 68.9%.

2. Xiaokang Co., Ltd.: New energy vehicle sales in June increased by 185.41% year-on-year.

Xiaokang Co., Ltd. (601127) announced on the evening of July 1 that sales of new energy vehicles in June were 12,418 units, a year-on-year increase of 185.41%; among them, Cyrus sales were 7,658 units. , a year-on-year increase of 524.12%.

3, Zhenghai Biotechnology: Shareholder Longwood plans to reduce its holdings by no more than 4% of its shares.

Zhenghai Biotechnology (300653) announced on the evening of July 1 that shareholder Longwood, which holds 8.27% of the shares, plans to conduct centralized bidding transactions within 6 months after 15 trading days. Or reduce the total holding of the company's shares by no more than 7.2 million shares through block transactions, that is, no more than 4% of the company's total share capital.

4, Mass Transportation : Plans to transfer 30% equity of Shanghai Shuxun for 360 million yuan

Mass Transportation (600611) announced on the evening of July 1 that the company signed an equity transfer agreement with Shanghai Yinghong, and plans to transfer 360 million yuan Transferred 30% equity of Shanghai Datax held by Shanghai Yinghong. Shanghai Shuxun's current business is divided into data communications and information services, with its main businesses being data centers (IDC), broadband access (ISP), network lines (NSP) and other IT value-added services (ITSP).

5, Ningbo Port : In the first half of the year, the cumulative container throughput is expected to be 21.03 million TEU, a year-on-year increase of 7.9%.

Ningbo Port (601018) announced on the evening of July 1 that in June 2022, the company is expected to complete a container throughput of 3.81 million TEU. boxes, a year-on-year increase of 9.8%; the cargo throughput is expected to be 89.6 million tons, a year-on-year increase of 0.9%. In the first half of 2022, the company expects to complete a cumulative container throughput of 21.03 million TEUs, a year-on-year increase of 7.9%, and an estimated cumulative cargo throughput of 537.69 million tons, a year-on-year increase of 4.2%.