A shares successfully opened the door to MSCI in the early morning, which is gratifying, but the market was a bit lacking in passion that day. A friend told Night News in the morning that the investors who are still alive are all good people. Fortunately, the positive is good after all. is beautiful and strongly lifted in the 50 afternoon, driving the Shanghai Composite Index to rise. In the future, the market will pay attention to whether it can break through the pressure of the 60-day and half-year lines above. It is estimated that it will be difficult to achieve overnight. Beware of highs and falls.
On the market, 14 stocks including Dahua Co., Ltd., Midea Group , Feike Electric Appliances, Supor, Wanhua Chemical, Zhongji Equipment, Bikang Co., Ltd., Gree Electric Appliances, Jinhe Industrial, Anqi Yeast, Anjie Technology, Xinwei Communications, Xinnuer, and Shenchiwan A hit a record high during the session, which is also a reaction to the news side.
Night News Brother just listened to the interview with Vice Chairman Fang Xinghai on CCTV. He said that in theory, 30% of A-shares in can be included in MSCI. The CEO of MSCI previously stated that is included in large-cap stocks this time, and the next time it is included in medium-cap stocks. is a thing with a lot of imagination, but the implementation process will not be short, which is good for blue-chip stocks in the medium and long term.
Fang Xinghai specifically mentioned that was suspended from trading . According to him, 230 stocks were included in MSCI. As a result, some companies were withdrawn due to long suspension periods, which may force listed companies to use the suspension reasonably.
Let me say another announcement, Evergrande Hi-Tech will resume trading tomorrow. This stock will be suspended for three consecutive boards. It is regarded as the "most authentic" King of Glory concept stock . However, from the announcement in the evening, from last year to May this year, the total share of the target acquired by the company from King of Glory was only more than 2.6 million. Looking back at the increased market value of 1.26 billion, it is really a big deal...
Finally, several uncertain events in have been implemented in June, including the Federal Reserve's interest rate hike and the inclusion of A-shares into MSCI. The market is worth looking forward to.
1. Memory: Taiji Industrial (600667), Zhaoyi Innovation (603986)
21, the world's third largest DRAM memory manufacturer SK Hynix 's stock price hit a new record high, reaching 66,300 won, an increase of nearly 45% this year and nearly 110% in the past year. Nomura Securities' latest research report predicts that DRAM memory prices will continue to rise in the third quarter and the supply gap will continue until next year. Hynix's net profit will triple this year, so it raises its target price to 100,000 won, with its share price potentially rising by 50%. Micron Technology, the world's second largest DRAM memory maker, also performed strongly, with a rise of nearly 40% this year and a rise of nearly 140% in the past year.
Comment: Starting from the second half of last year, the global DRAM memory price has been rising. According to data from professional organization TrendForce Technology, the latest quotation for DDR4 4Gb particles is US$3.55, up nearly 25% this year. The price increase is mainly due to shortage of stocks, and the demand for memory for smartphone storage, data centers, etc. has increased significantly, while leading companies such as , Samsung, and have slowed down their production capacity growth due to the transfer of 2D flash memory to 3D flash memory. According to IC Insights, DRAM memory price increases will reach 39% in 2017. The high prosperity of the memory industry runs through the whole year, and companies related to the industry chain are expected to benefit.
2. Soil pollution prevention and control: Bosch Science (300422), Yongqing Environmental Protection (300187)
According to media reports, Qiu Qiwen, director of the Soil Environment Management Department of the Ministry of Environmental Protection, said that the Ministry of Environmental Protection actively cooperates with the National People's Congress to carry out the legislative work of the "Soil Pollution Prevention and Control Law". At present, the draft legislation of the Soil Pollution Prevention and Control Law has been formed. The Standing Committee of the National People's Congress will conduct group reviews in the near future. The Ministry of Environmental Protection will also work with the Ministry of Agriculture to formulate the "Measures for Soil Environment Management for Agricultural Land (Trial)". The work of soliciting opinions has been completed and will be further revised and improved and submitted for approval according to procedures. In addition, on the basis of the first batch of 14 pilot projects, the Ministry of Environmental Protection will guide local governments to launch a number of pilot projects for the application of soil pollution control and restoration technology.
Comment: The industry said that 2017 is called the year of the outbreak of soil remediation policy. After the country released the " Ten Soil ", 31 provinces across the country have successively released the "Ten Soil Measures" of the region.The country attaches great importance to soil pollution prevention and control work. In terms of finance, the central government has established special funds for soil pollution prevention and control. From last year to the first half of this year, the central government issued a fiscal budget of approximately 14.6 billion yuan to support local governments in carrying out soil pollution prevention and control work. Soil pollution prevention and control policies continue to be strengthened, and industry investment is expected to be implemented at an accelerated pace, and related companies are expected to benefit.
3. ceramic capacitor : Guoci Materials (300285), Fenghua Hi-Tech (000636)
International E-commerce Information Network News, passive component leader, the world's third largest MLCC (chip multi-layer ceramic capacitor) supplier Guoju (YAGEO) issued the second wave of price increase notice this year. Starting from the third quarter, MLCC price will increase by 15%-30%, and the delivery cycle will be delayed by 1.5 to 6 months. In early April, Guoju carried out the first round of price increases, raising the price of MLCC products by 8%-10%, and other manufacturers also quickly followed up. This round of price increases are far more powerful than last time, but the industry expects that other manufacturers will follow up. Stimulated by the news of a sharp price increase, Guoju's stock price has doubled since December 2016.
Comment: The outlook report of Japanese research firm JAPAN ECONOMIC CENTER 2017 multi-layer ceramic capacitors (MLCC) is expected to increase global demand for multi-layer ceramic capacitors to 552.1 billion in 2017, an increase of 10.6 billion in 2016. The explosion of the smartphone market is the main factor driving the strong demand for MLCC. iPhone 8 began stocking in the second quarter, and its use of MLCC is much larger than that of ordinary 4G mobile phones. Market estimates that the supply and demand imbalance of MLCC will become more serious, and suppliers are likely to generally follow up on price increases. The second round of increase is significantly larger than the first round, which will have a strong driving force for the industrial chain.
[Institutional Trends]
According to the Shanghai Stock Exchange, although the stock market has continued to fluctuate and differentiate recently, the efforts of insurance institutions to survey listed companies have not been reduced. The main targets of insurance funds' intensive research in the past two weeks are the leading stocks in the sub-sectors whose fundamentals are expected to improve in the second half of the year, profitability shows an upward turning point, and the current stock price stagnation is mainly concentrated in chemicals, machinery and equipment, electronics, construction and decoration, agriculture, forestry, animal husbandry and fishery, communications, utilities, medicine and biology and other sectors.
Relevant person in charge of insurance funds interviewed said that the focus on the above varieties is due to the consideration of medium- and long-term allocation. With the introduction of new regulations on reducing holdings, the driving force for long-term prices of individual stocks will become stronger, and the value investment style that highlights performance growth will still be the mainstream.
[Announcement finishing touch]
1, Evergrande Hi-Tech (002591): The share revenue of Honor of Kings accounts for a small proportion of the acquisition company's revenue, with a total of 2.61 million from last year to May this year.
2, Hongdou Co., Ltd. (600400): It is expected to have a net profit of 490 million yuan in the first half of the year, an increase of 728% year-on-year; Mingjiahui (300506): It is expected to have a net profit of 64.7403 million yuan to 71.9306 million yuan in the first half of the year, an increase of 170%-200% year-on-year; Jingshan Light Machinery (000821): It is expected to have a net profit of 70 million yuan to 80 million yuan in the first half of the year, an increase of 151.53%-187.46% over the same period last year; Luyang Energy Conservation (002088) raised its semi-annual report performance expectations, an increase of 120%-150%; Shaanxi Black Cat (601015): It is expected to have a net profit of 80 million yuan to 90 million yuan in the first half of the year, an increase of 115%-141% compared with the same period last year.
3, Luoniushan (000735): The major shareholder plans to increase his holdings by 50 million to 100 million yuan; Mengbaihe (603313): The controlling shareholder plans to increase his holdings by 50 million to 100 million yuan.
4, Longmang Baili (002601): Directors, Supervisors and Senior Managers plan to reduce their holdings by no more than 45.25 million shares in batches, accounting for 2.23% of the total share capital; Hailianxun (300277): Xing Wenbiao reduces his holdings by 1.94%.
5, Jiangte Electric (002176): The wholly-owned subsidiary signed a major contract of 1.3485 billion yuan, accounting for 45.18% of the total operating income in 2016; Mengcao Ecology (300355): The consortium won a bid of 3.572 billion yuan PPP project (35% of the company), accounting for about 43.70% of the operating income in 2016.
6, new stock Daye Intelligent issuance on the 22nd: Daye Intelligent (300670) issuance price of 10.93 yuan, subscription limit is 10,500 shares, and is mainly engaged in distribution network automation equipment.
[News Selected]
1. On the 21st, the People's Bank of China issued the "Interim Measures for the Management of Interconnection and Cooperation between the Mainland and Hong Kong Bond Markets", which compared with the draft for soliciting opinions, deleted the provision that "Northbound Connect has no investment quota limit".
2. The China Banking Regulatory Commission held a symposium on listening to the opinions of representatives and deputies of the "Two Sessions" recently, proposing to continue to put the prevention and control of banking risks in a more important position.
3. The pilot program of personal tax-deferred pension insurance will be accelerated, and the insurance industry will welcome policy dividends.
4. The promotion and matching meeting for central enterprises to participate in the construction of Shanghai Science and Technology Innovation Center was held on the 21st. According to reports, the State-owned Assets Supervision and Administration Commission will soon sign a strategic cooperation agreement with the Shanghai Municipal Government.
5. my country's combustible ice trial production in the South China Sea set a new record, with the cumulative output exceeding 230,000 cubic meters in six consecutive trial production weeks.
6. Since June, the average price of egg production areas across the country has increased by more than 70%. The surveyed companies said that if the rise continues, farmers are expected to turn losses this year.
7. The Bohai Rim thermal coal index rose month-on-month, with strong support in the short term.
