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Jiahua Technology: Subscription code 787051, issue price 50.81 yuan/share, issuance price-to-earnings ratio 35.93 times, the upper limit of subscription quantity is 5,500 shares, and top-tier subscription requires a market value of 55,000 yuan. The company is mainly engaged in building intelligence, intelligent desulfurization operations, smart environmental protection, smart cities, environmental monitoring and informatization. Comparable companies: Yihualu (300212).
Jianke Machinery: Subscription code 300823, issuance price 16.58 yuan/share, issuance price-earnings ratio 19.34 times, subscription limit is 9,000 shares, top subscription requires a market value of 90,000 yuan. The company is mainly engaged in the research and development, design, production and sales of complete sets of mid-to-high-end CNC steel bar engineering equipment, and provides a complete set of production solutions for CNC steel bar engineering. Comparable companies: Sany Heavy Industry (600031).
1. The global stock market
The epidemic continues to spread. At the same time, Saudi Arabia launched an oil price war, which caused a sharp surge in market panic and triggered a stock market crash. The US stock market opened and triggered the circuit breaker and then closed sharply. The three major stock indexes all fell by more than 7%. The Dow Jones Industrial Average fell during the session. At one point it fell nearly 2,100 points, the S&P's biggest daily drop since December 2008. European stock markets plummeted across the board, with the pan-European Stoxx 600 plunging 6.5% to close at 342.94 points, entering bear market territory. Japanese and Korean stock markets fell collectively.
Affected by the external market, A shares The three major stock indexes fell unilaterally on Monday, the GEM index fell 4.5%, the Shanghai stock index fell nearly 100 points, the index fell 3%, stocks were all green, and stocks in the two cities fell by more than 80 Only.
Overall, the market was hit by multiple black swans on Monday, with various stock indexes opening lower and moving lower, and falling below important supports one after another. The total transaction volume of the two cities was 1.0862 billion yuan, an increase of 128.7 billion yuan from the previous trading day. On the market, several sectors such as super fungi, masks, airport shipping, and textile manufacturing rose, while the rest of the sectors fell; gallium nitride, cloud office, wireless headsets, integrated circuits and other sectors were among the top decliners.
2. Financial news
[Macroeconomics]
1, The leaders of the central government’s response to the new coronavirus epidemic held a meeting: Do a good job in entry and exit epidemic prevention. The conference pointed out that the current domestic epidemic prevention and control situation continues to improve, especially the rapid rise of the epidemic in Wuhan has been controlled, which is hard-won, but the situation is still complex. It is necessary to continue to expand the positive momentum, do a good job in precise prevention and control at different levels, and resolutely prevent the epidemic from rebounding. At the same time, in the face of new challenges brought by the rapid spread of the new coronavirus overseas, it is necessary to strengthen international cooperation and do a good job in entry-exit epidemic prevention, which is conducive to the orderly and safe international movement of people.
2, The central bank issued a document to strengthen the management of deposit interest rates, and the guaranteed return rate of structured deposits will be included in the scope of self-regulatory management. According to China Securities Journal, on the 9th, we learned from sources close to regulators that the central bank recently issued the "Notice of the People's Bank of China on Strengthening the Management of Deposit Interest Rates." The notice states that all deposit-taking financial institutions should strictly implement the relevant regulations on deposit interest rates and interest accrual management of the People's Bank of China, and rectify non-standard deposit "innovative" products such as early withdrawal of time deposits and interest calculation in accordance with the regulations. The People's Bank of China guides the market interest rate pricing self-regulatory mechanism to strengthen the self-regulatory management of deposit interest rates and incorporates the guaranteed return rate of structured deposits into the scope of self-regulatory management.
3, Emergency Management Department: All localities must learn from the lessons of the "3.7" collapse accident in Quanzhou, Fujian, strictly adhere to the safety bottom line, consolidate responsibilities at all levels, and strengthen the current safety production work in resuming work and production. immediately carried out inspections for safety risks and hidden dangers in buildings in isolation observation sites; strengthened safety precautions in designated hospitals and other epidemic-related places to ensure absolute safety; comprehensively carried out inspections for hidden safety risks in renovated and expanded buildings, old and dangerous buildings, etc. to strictly prevent various accidents.
4, Ministry of Foreign Affairs: China is the world's largest energy importer and consumer. We hope that the international energy market can remain stable. Under the influence of the epidemic, all parties have many predictions about the prospects of the world economy. At this time, maintaining stability in the international energy market is of special significance.
5, The State Administration for Market Regulation: It has issued an emergency notice to the market supervision bureaus of eight provinces and cities including Zhejiang and Jiangsu, requesting a special investigation on the price of melt-blown non-woven fabrics to ensure price stability. Affected by the epidemic, the use of masks nationwide has surged, and the price of melt-blown cloth required to produce medical surgical masks and N95 masks has also soared. It has risen from the previous 20,000 yuan per ton to about 400,000 yuan per ton, and the unit price has increased by nearly 20 times.
6, Russian Ministry of Finance: Russia can withstand oil prices remaining at US$25-30/barrel for 6-10 years. The National Wealth Fund exceeds $150 billion and can be tapped in the event of long-term low oil prices. Goldman Sachs said that as an oil price war breaks out between major oil-producing countries, oil prices may fall another 43%.
7, New Third Board selected layer underwriting specifications will be released soon, and the overall framework will be benchmarked against the Science and Technology Innovation Board. According to the 21st Century Business Herald, the Securities Association of China has recently issued a notice to solicit opinions from a number of securities firms on the "National Small and Medium Enterprises Equities Exchange and Quotations System Public Issuance and Underwriting Business Standards for Unspecified Qualified Investors." According to the notice, According to the requirements, multiple brokerages should provide feedback on their opinions before this Friday. A person close to the China Securities Association said that the drafting of the "Specifications" is mainly to adapt to the requirements of the new third version of the reform on the stock underwriting business, and the framework system and basic system of this specification are similar to the previous "Science and Technology Innovation Board" for the first time. Standards for the Underwriting Business of Stock Issuances" are becoming consistent.
8, Amap: The proportion of people returning to work in many major cities across the country has exceeded 40%. As of March 6, Dongguan’s return-to-work rate reached 49.53%, ranking first. The return-to-work rates of Ningbo and Wuxi are very close, ranking second and third at 48.82% and 48.40% respectively. In addition, the return-to-work vitality index of Qingdao is 46.80%, the return-to-work vitality index of Foshan is 46.20%, the return-to-work vitality index of Shenyang is 45.99%, and the return-to-work vitality index of Hangzhou is 44.90%.
9, China Securities Association: held a regular meeting of chief economists. Experts attending the meeting suggested that we should accelerate the reform and innovation of the market system and product structure, and smooth the transmission mechanism of financial liquidity to the real economy; vigorously promote the digital transformation of securities operating institutions and improve the level of industry informatization; further promote the high-level opening of the capital market and guide the international Capital increases value investment in A-shares while actively preventing the impact of overseas market fluctuations on the domestic market.
10, overnight shibor reported 1.5880%, rose 22.60 basis points . 7-day shibor reported 2.0740%, rose 3.90 basis points. The three-month Shibor reported at 2.2380%, down 2.00 basis points. Many popular funds such as
11 and are actively building positions. The latest data from shows that investment tycoon Chen Guangming’s “hot-selling” fund Ruiyuan Balanced Value Three-Year Mixed Fund has quickly established positions. In addition, the net values of many sub-new equity funds established in February this year also fluctuated significantly, proving that they have also quickly built positions. More incremental funds are still on the way to "rush to support" A shares. Judging from the fund issuance situation this week, first-tier large fund companies such as GF, Wells Fargo, E Fund, Boshi, China , and China Universal will focus on issuing new products.
12, public offering partial stock fund reduced their positions for the second consecutive week. On March 9, the weekly public fund position calculation report released by Haomai Fund showed that last week (March 2 to March 6), public equity funds (including stock types and standard hybrid types) ranked second consecutively. There was a slight reduction in positions during the week, with positions falling by 1.71 percentage points to 69.45%. Among them, the positions of stock funds fell by 2.37 percentage points, and the positions of standard hybrid funds fell by 1.15 percentage points. As of the close of last Friday, the positions were 88.40% and 67.39% respectively.
[Industry News]
1, National Welfare Lottery Center, National Sports Lottery Center: National joint sales lottery draws will officially resume at 0:00 on March 11. Under the premise of strictly complying with the relevant epidemic prevention requirements of governments at all levels, provincial lottery agencies can organize sales venues to resume sales in an orderly manner, and must adhere to the principle of voluntariness and not apply one-size-fits-all. The main national joint-market lotteries that will be drawn on March 11 include sports lottery Super Lotto, competitive lottery, and welfare lottery 3D, Seven Lottery, etc.
2, Shanghai Municipal Transportation Commission Law Enforcement Team: Focused on interviewing Didi, Meituan, Xiangdao, Shouqi and other online ride-hailing platform companies in the city. reported the situation of door-to-door inspections in the previous stage, reiterated the requirements for corporate epidemic prevention work, and urged platform companies to fully understand the importance of online ride-hailing epidemic prevention and control, and strictly implement vehicle disinfection, driver health management, full information access, and written desks Account management and other epidemic prevention measures.
3, Beijing Business Daily: As of now, at least three major destination countries for international cruise tourism have refused to allow tourist cruise ships to dock. From the perspective of the industry, during this round of epidemic, cruise ships are one of the tourism industries that have been hardest hit and most difficult to recover. As more and more countries are willing to give up huge cruise tourism dividends, they have drawn a "red line" for ports. "In the future, the recovery of the cruise industry, both in China and internationally, will once again be cast a shadow.
4, Civil Aviation Administration of China: Announced reduction of airport and air traffic control charges for domestic, Hong Kong, Macao and Taiwan regions and foreign airlines. The standard price of take-off and landing fees for Class I and Class II airports will be reduced by 10%, and parking fees will be waived; the charging standards for route fees (except overflights) will be reduced by 10%. The benchmark price of domestic airlines’ domestic flight kerosene purchase and sales differentials will be reduced by 8%.
5, Shanghai Securities News: html Relevant sources from 23 pilot payment institutions revealed that they have recently received approval from regulatory authorities to carry out cross-border payment business license documents. Compared with previous pilots, the formal license clarifies the scope of business execution and must be re-examined in five years. 's transition from pilot system to licensing system marks that the cross-border payment field will enter an era of strict supervision.
6, 36氪: WeChat public account has a new appreciation "private message" function . After users appreciate it, they can write a private message. Content creators can view private messages and reply in the "Appreciation Function" in the background of the official account, or they can reply in the "Appreciation Account" applet.
7, CCTV News: On March 9, my country successfully launched the 54th Beidou system navigation satellite using the Long March 3B carrier rocket at the Xichang Satellite Launch Center . htmlIn May, our country will launch the last geostationary orbit satellite as planned. By then, the Beidou-3 global constellation deployment will be fully completed.
3. Hot spot sniping
Small appliances: Data released by Tmall shows that during this year’s “March 8th Queen’s Day”, the sales of sandwich machines in the first hour increased by 1500% year-on-year, the sales of steam mops in the first hour increased by 380% year-on-year, and the sales of chef machines increased by 380% year-on-year. Minute sales exceeded those of the same period last year for the entire day. In addition, from February 9 to March 5, the sales of Suning electric lunch boxes increased by 1958.6% year-on-year, and the sales of electric hot water cups increased by 459.4% year-on-year.
Target: Bear Electric (002959), Joyoung Co., Ltd. (002242)
Pesticide: According to the website of the Ministry of Agriculture and Rural Affairs, the Ministry of Agriculture and Rural Affairs, the General Administration of Customs, and the National Forestry and Grassland Administration formulated and issued the "Desert Locust and Domestic Locusts The "Monitoring and Prevention and Control Plan" pointed out that since this year, desert locusts have rarely broken out in East African countries such as Kenya and Somalia, and Southwest Asian countries such as India and Pakistan. They have caused serious harm to local food and agricultural production and have received widespread attention from the international community. Expert analysis believes that although the chance of desert locusts migrating and invading our country is very small, prevention should be strengthened. To this end, it is necessary to coordinate the prevention and control of locusts at home and abroad.
Target: Nopxin (002215), Red Sun (000525), ADAMA A (000553)
Mask machine : According to media reports, in addition to the most scarce meltblown cloth, the price of mask machines has also skyrocketed several times. Normally, a mask production equipment only costs a few hundred thousand yuan, but now the price has reached millions of yuan, and the highest is even more than two million yuan, and there are very few equipments available.
Targets: Shanggong Shenbei (600843), Yongchuang Intelligent (603901), Evergreen Holdings (300195)
Forehead thermometer: The COVID-19 epidemic has made forehead thermometers a hot item. Prices skyrocketed. According to reports, the price increase of the infrared sensor, a key component of the forehead thermometer, has already exceeded that of the forehead thermometer itself. A forehead thermometer manufacturer revealed that the price of a domestically produced infrared sensor was just over 4 yuan a month and a half ago. In early March, it rose to 60 yuan a piece, and shipments are still unstable.
Targets: Senba Sensing (300701), Star Shuaier (002860)
4. Announcement Collection
[Individual Stock Gold Rush]
- Chenguang Biotechnology (300138) Laboratory has completed the development of industrial hemp technology, and small trial samples have won customers recognized.
- Hairong Cold Chain (603187)’s net profit in 2019 increased by 57.10% year-on-year, and it plans to transfer 4 out of 10 to pay 6 yuan. The controlling shareholder of
- Baoxin Technology (002514) will be changed to Yan High-tech.
- Tianyuan Group (002386) signed the "Strategic Cooperation Framework Agreement" with Panguotou to carry out mergers, acquisitions and restructuring capital operations.
- Yingke Medical (300677) mainly exports its products, and the exemption of medical-grade nitrile gloves from tariffs in the United States will help increase the company's profitability.
- A wholly-owned subsidiary of CTI (300012) acquired 100% equity of Maritec for RMB 274 million.
- Shengnong Development (002299) chicken sales revenue in February was 687 million, a year-on-year increase of 34.84%.
- Xuelang Environment (300385) plans to acquire 72% of Shanghai Changying’s equity, which may constitute a major asset reorganization.
- Dongfang Cable (603606) won the bid for a 1.7 billion yuan offshore wind power project, accounting for 56% of its 2018 revenue.
[Hot data: Northbound funds had a net outflow of 14.319 billion yuan in a single day, a record high]
On Monday, the total net outflow of northbound funds from A-shares was 14.319 billion yuan. Among them, the net outflow of Shanghai Stock Connect was 9.671 billion yuan, and the net outflow of Shenzhen Stock Connect was 4.648 billion yuan. It set a record for the single-day net outflow of northbound funds since the launch of Shanghai-Hong Kong Stock Connect in November 2014. The previous record was a net outflow of 13.523 billion yuan on July 6, 2015. The net inflow of northbound funds since 2020 has also dropped to 41.277 billion yuan, only half of the previous high.
In terms of individual stocks, Ping An of China (601318), Kweichow Moutai (600519), and China Merchants Bank (600036) ranked first in terms of net sales, with net sales of 1.579 billion yuan, 992 million yuan, and 937 million yuan respectively; Ningde Times (300750), Oriental Fortune (300059) and Muyuan Shares (002714) ranked first in terms of net purchases, with 103 million yuan, 43 million yuan, and 37.56 million yuan respectively.
[Stop and resume trading ]
Suspension : Lianmei Holdings
Resume trading: None
[Unblocked stocks]
5. The secret of the daily limit
leading stocks comments
, Baobian Electric , Dawn shares→→space core
high ticket, since the 20 points a minute since last Friday and Saturday, although there is no super negative line on Monday, there are a few A tickets that are actually capital attitudes. Currently, there are only votes related to masks in the high positions, which are relatively strong, with Dawn as the core. Dawn, I have been accelerating for 2 consecutive days. Regardless of whether A-shares can emerge independently, high-priced stocks should be avoided as much as possible for the time being.
, Dawn Shares, Guoen Shares, Regenerative Technology, Shangrong Medical , Haite Bio→→Mask related
Masks. Several high-level tickets are now shrinking and accelerating, especially the sector has accelerated for two consecutive days. . For example, Guoen Shares, Shangrong Medical, Regenerative Technology, and Haite Biotechnology, these stocks are now on a continuous straight board. It is okay to choose a game, but try to pay attention to the handicap. It is best to encounter a super low opening after the explosion. It's good to be able to grab a long leg, but in this case, don't get a big long yin, which will hurt your mentality.
, Baobian Electric , Pinggao Electric, Dalian Electric Porcelain, Zhongtong Guomai, INVT , Yellow River Tornado, Yuanda Intelligent→→ New Infrastructure related
The new infrastructure sector was still strong on Monday, but these leaders The handicap is mainly the same. Now, the main focus is on defense, and the cost position of the game is only the most critical. The gameplay is actually similar to that of masks. They are all high-level tickets. It is best to encounter faces like Anjubao when you open low. If you open high, beware of faces like Anjubao.
6. The number of net buying institutions on the Dragon and Tiger List
increased from 7 to 11. The effect of making money on the market is poor, nearly a hundred stocks have dropped to the limit, and funds are still being tossed in the pan-epidemic sector represented by masks. The enthusiasm of the organization is average, and the funds deployed are relatively small. Xingye Shanghai Minsheng Road does T search for special purposes.
7. Foreign investment trading
Shanghai Stock Connect capital flow
Shenzhen Stock Connect capital flow
8. Evaluation of trading water temperature
Market trading water temperature dropped slightly. There was quite a lot of good news in the market last weekend, including reducing the payment ratio of the Securities Investor Protection Fund, China Mobile launching the second round of 5G construction, etc. In theory, it will boost the securities sector and the 5G sector, and there is also positive news for venture capital. , these three major sectors once performed gratifyingly despite the unfavorable opening. However, the opening of the Middle East market suffered a setback over the weekend, and the global market is once again facing variables. Especially due to the failure of negotiations between oil-producing countries, the global market has been affected again, and the A-share market has experienced a sharp fall for the second time since February 4. However, A-shares have been relatively resilient recently and still have a certain degree of resilience. It is not expected that they will continue to follow the external market's sharp decline in the short term. There is still hope of bottoming out and rebounding after Tuesday.
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