Financial calendar:
09:15 1-year and 5-year Loan market price rate (LPR)
US stock Last Friday, the three major indexes closed mixed, the Nasdaq rose 1.43%, and the weekly declined 4.78%; S&P 500 index rose 0.21%, and the weekly declined 5.8%, the largest weekly decline since March 2020; the Dow Jones Industrial Average fell 0.13%, and the weekly declined 4.8%.
Large technology stocks rose across the board, Apple rose 1.15%, Microsoft rose 1.09%, Google rose 1.15%, Amazon rose 2.47%, and Meta rose 1.78%. In terms of
electric car stocks, Tesla rose 1.72%, Lucid rose 6.95%, and Rivian fell 0.68%.
As U.S. oil futures fell by more than 6% and fell below the $110 mark, energy stocks fell across the board, Karon Petroleum fell nearly 10%, ConocoPhillips fell more than 8%, and Murphy Petroleum fell more than 7%. Shipping stocks generally rose, Norwegian cruise ships rose by more than 10%, Carnival cruise ships rose by more than 9%, and American Airlines rose by more than 6%.
Chinese stocks listed in most rose, Nasdaq China Golden Dragon Index rose 3.19% to close at 7,365.30 points. Xiaopeng Motors rose 9.78%, NIO rose 8.29%, JD rose 5.19%, Ideal Auto rose 4.25%, Tencent Music rose 2.26%, Baidu rose 1.78%, Good Futures rose 1.25%, Alibaba rose 0.78%, and Pinduoduo rose 0.41%; New Oriental fell 2.04%.
►►Recently, the General Office of the CPC Central Committee issued the "Regulations on the Management of Business and Business of the Spouse, Children and Spouses of Leading Cadres". The "Regulations" require that when leading cadres report personal matters every year, they should truthfully report the business and business situation of their spouses, children and their spouses, and report the new business and business situation after the annual centralized report.
►► China Securities Investment Fund Association issued the "Guidelines for Reputation Risk Management of Fund Management Companies (Trial)". Fund management companies should include reputation risk management into the comprehensive risk management system, establish and improve reputation risk management systems and mechanisms, effectively prevent and control reputation risks, properly handle reputation events, and reduce losses caused to investors and negative impacts on the industry.
►►Shanghai and Shenzhen Stock Exchanges issued a notice on matters related to the appropriateness management of convertible corporate bonds. The notice pointed out that if an individual investor participates in the subscription and transaction of convertible bonds issued to unspecified objects, he shall meet the following conditions at the same time: (1) The daily assets in the securities account and the capital account in the 20 trading days before the application authority shall not be less than RMB 100,000 (excluding the funds and securities that the investor has integrated through margin trading); (2) Participate in securities trading for more than 24 months.
►► According to China Steel Industry Association on 517, in May, my country's economy showed a positive recovery trend. Although the domestic steel demand in the domestic market started, it was still lower than expected; due to the decline in the prices of raw combustion materials, the price of steel also fell. As the national policy measures to stabilize growth are implemented one after another, the epidemic prevention and control situation continues to improve, and the steel demand in downstream industries will be further released in the later period, the supply and demand of the steel market is expected to remain stable, and steel prices will fluctuate slightly.
►► According to the Henan Provincial Commission for Discipline Inspection and Supervision on June 17, Deputy Chairman of Zhongyuan Bank Co., Ltd. Wei Jie is suspected of serious violations of discipline and law, and is currently undergoing disciplinary review and supervision investigation by the Henan Provincial Commission for Discipline Inspection and Supervision. According to the resume, Wei Jie, born in 1963, is from Sui County, Henan Province. He started working in 1983 and has a university degree. Wei Jie also served as the Party Secretary and Chairman of Shangqiu Urban Credit Cooperative, the Party Secretary and Chairman of Shangqiu Commercial Bank, the Party Secretary and Chairman of Shangqiu Bank, the Party Committee Member and Assistant to the President of Zhongyuan Bank.
►►The official microscope of Qiandongnan Prefecture Intermediate Court reported that on the morning of June 17, the Intermediate People's Court of Guizhou Province publicly sentenced the first instance of Du Guangyi, former deputy general manager of Kweichow Moutai Co., Ltd., former director of China Kweichow Moutai Distillery (Group) Co., Ltd., and former chairman of Kweichow Moutai Liquor Sales Co., Ltd., and former chairman of . The defendant Du Guangyi was sentenced to life imprisonment for the crime of accepting bribes, deprived of political rights for life, and confiscated all personal property; the property and interest obtained by Du Guangyi were recovered in accordance with the law and handed over to the state treasury.
►►In response to the recent closure of online service channels of individual village banks, relevant officials from the Henan Banking and Insurance Regulatory Bureau and the Henan Provincial Local Financial Supervision Bureau said on June 18 that financial management departments at all levels closely cooperate with the public security organs to carry out investigations. The criminal facts of the online trading systems of village banks such as Yuzhou Xinminsheng and other village banks have been manipulated and utilized by Henan Xinfu Group have been preliminarily found out, and the relevant funds are being investigated. The Henan Banking and Insurance Regulatory Bureau and the Henan Provincial Local Financial Supervision Bureau instructed relevant village banks to rely closely on the local party committee and government, actively cooperate with the public security organs to investigate and handle cases, do a good job in registering and subsequent disposal of fund information, and protect the legitimate rights and interests of financial consumers in accordance with the law. At the same time, relevant people are reminded to cooperate with information registration.
►►On June 17th local time, the 2022 Buffett charity lunch auction ended, with the winning bid price reaching US$19.001 million, setting a historical record again. The Buffett Charity Lunch Auction started at the beginning of this century and is the last this year. Since 2000, the event has raised more than $53 million in donations.
Huayou Cobalt Industry : Plan a fixed increase of 17.7 billion yuan to invest in nickel wet smelting and lithium processing business
Huayou Cobalt Industry disclosed its fixed increase plan. The company plans to raise 17.7 billion yuan to invest in the annual production of 120,000 tons of nickel metal nickel hydroxide wet method project of Guangxi Huayou Lithium Industry Company, an annual production of 50,000 tons of battery-grade lithium salt project, and supplement working capital.
Shanghai Petrochemical: ethylene glycol device regional fire accident is being evaluated. The impact is being evaluated.
Shanghai Petrochemical announced that the regional fire accident of the ethylene glycol device of the company's Ministry of Chemical Industry, the accident caused 1 death and 1 minor injury. The annual production capacity of the No. 1 ethylene glycol device of the company's Chemical Department is 255,000 tons of ethylene glycol. The device can switch the production of ethylene glycol and ethylene oxide products according to market conditions. In 2021, the sales revenue of device products accounted for 1.16% of the company's operating income. At present, the company is evaluating the overall impact of this accident on the company's production and operation.
Dalian Heavy Industry: Net profit in the first half of the year is expected to increase by 155.89%-224.13% year-on-year
Dalian Heavy Industry disclosed its performance forecast, with a net profit of 150 million yuan to 190 million yuan in the first half of the year, and increased by 155.89%-224.13% year-on-year. During the reporting period, the operating income of wind power parts products and material handling equipment products increased significantly year-on-year, driving the company's overall product sales profit to increase.
Tongwei Co., Ltd. : It plans to sign a long-term sales contract for polysilicon products for 50.9 billion yuan polysilicon products
Tongwei Co., Ltd. announces that Qinghai Gaojing Solar Technology Co., Ltd. plans to purchase a total of no less than 216,100 tons of polysilicon products from its subsidiaries in 2022-2026. The specific order price is negotiated monthly, and the total contract transaction amount is based on the final transaction volume . This contract is a long-term sales contract. The total sales are estimated to be more than 50.9 billion yuan (excluding tax).
Zhenhua Technology : Net profit in the first half of the year is expected to increase by 129%-158% year-on-year
Zhenhua Technology disclosed its performance forecast, and is expected to achieve a net profit of 1.18 billion yuan-1.33 billion yuan in the first half of the year, an increase of 128.96%-158.06% year-on-year. During the reporting period, the high-reliability product market of new electronic components enterprises continued to improve, and sales of high-value-added products increased year-on-year.
Tianqi Lithium Industry Co., Ltd. passed the listing hearing on the Hong Kong Stock Exchange
According to the Hong Kong Stock Exchange documents, Tianqi Lithium Industry Co., Ltd. passed the listing hearing on the Hong Kong Stock Exchange.
Guotai Junan : has revised its economic expectations, but the recovery of the real economy is still slow. Benefiting from policy support and marginal improvement in demand, especially the growth sector with greater elasticity of demand brought about by the incremental economy will have better profits and stock price elasticity. In addition, the liquidity of the stock market is expanded, it is recommended that the next stage emphasize structure and actively deploy stocks with high performance growth.
Guohai Securities : html Since May 25, A shares has performed an independent market, and its judgment on the subsequent trend of A-shares is optimistic. The slope and height of the pit-climbing market depend on the speed of subsequent policy effects and the degree of recovery of domestic demand.In terms of industry allocation, we focus on ToG sectors that benefit from policy efforts, such as military industry, computers, power equipment, semiconductors and other industries, as well as optional consumer sectors that adapt to the post-real estate cycle and focus on supporting and stimulating policies, such as home appliances, automobiles, platform economy, and other fields.
Anxin Securities : For the current four main lines "stable growth, high prosperity, post-epidemic recovery, and global inflation", it is recommended to be bright and prefer to continue to follow the trading logic of "stable growth and high prosperity turnaround". It should be noted that with the promotion of policies to stabilize growth, boosting consumption, especially consumption of durable goods, such as automobiles, will become an important measure to stabilize growth. Industry configuration suggestions: automobiles, regional banks, photovoltaics, , military industry, coal, food and beverage, chemical industry, infrastructure, etc.
