Yongmei aftershock hit, bank shares smashed! Auto stocks are all good, tide reappearance

category:Finance
 Yongmei aftershock hit, bank shares smashed! Auto stocks are all good, tide reappearance


After nearly two weeks of adjustment, auto stocks rose again today, including 13 stocks of inbell, Quanfeng automobile, Zhongtong bus, Wencan Co., Ltd., GAC group, etc., among which, Xiaokang shares rose 4 times in 5 trading days, Nanfang bearing rose 4 times in a row, and Dongan power rose 3 times. Tire pressure monitoring, new energy vehicles, unmanned driving and other sub sectors all increased by more than 3%, while fuel cells and charging piles also increased by more than 2%.

Automobile manufacturing industry is one of the pillars of Chinas national economy. Supporting automobile consumption is of great significance to hedge the negative impact of the epidemic on Chinas macro-economy. Recently, Li Keqiang, premier of the State Council, said at the executive meeting of the State Council that China should expand domestic demand and promote consumption, he focused on expanding automobile consumption by increasing the number plate index, going to the countryside and exchanging old cars for new ones. In fact, since February, the central and local governments have successively introduced a number of automobile consumption policies. This time, the State Council once again stressed the expansion of automobile consumption, which is expected to lead to the introduction of more automobile stimulus policies.

Hefei Municipal Peoples government yesterday issued the implementation opinions on accelerating the development of new energy automobile industry. According to the opinion, the working target is that by 2025, the scale of new energy vehicle industry in Hefei will exceed 100 billion, the vehicle production capacity will reach 1 million, and the quality brand will have international competitiveness, and become an important new energy vehicle industrial base in China.

It is suggested that the new energy vehicle industry should be strengthened, supplemented and extended. Support Jianghuai Automobile, Weilai automobile, Jianghuai Volkswagen, Ankai bus, Hefei Changan, Chery (Chaohu) and other vehicle enterprises to strengthen the construction of new energy vehicle supply chain, innovate the business model of separation of vehicle and electricity, enhance the international competitiveness of brands, and cultivate industry leaders. We will cultivate 20 enterprises in the fields of driving power supply chain, such as laser, radar and high-precision battery, and improve the overall competitiveness of 10 enterprises in the field of driving power supply chain, such as laser, radar and auto driving.

Anxin Securities said that it is expected that with the leadership of the central government and financial support, local governments will continue to follow up the auto consumption policy with high possibility by analyzing the three major measures proposed by the State Council executive meeting to expand automobile consumption and combing the subsidy policies of local governments for automobile consumption since February. For the whole vehicle, BYD, Great Wall Motors, GAC group, SAIC Group and Changan Automobile are recommended, and Geely Automobile is recommended; for parts, we mainly recommend Wencan and Fuyao Glass, and focus on Huayu automobile.

Bank stocks dragged down the market

Xiao Yaqing, Minister of the Ministry of industry and information technology, said at the opening ceremony of Chinas 5g + industrial Internet Conference 2020 on the 20th that more than 1100 5g + industrial Internet projects were built nationwide, and a series of application achievements such as machine vision inspection, precise remote control, on-site auxiliary assembly, intelligent tally logistics, unmanned inspection and security were emerging. Chinas 5g commercial for more than a year, has built nearly 700000 5g base stations, the number of terminal connections exceeded 180 million, covering all cities above prefecture level.

In addition, at the 2020 China Mobile global partners conference today, Huawei chairman Liang Hua said that everyone was discussing the problem of high energy consumption of 5g. However, in fact, in 4G era, the energy consumption of one kilowatt hour can transmit and download 300 ultra clear films, while in 5g era, there are 5000. The energy efficiency of 5g is 10-20 times higher than that of 4G. Liang Hua suggested that in the early stage of industrial development, hierarchical energy-saving scheme should be adopted to reduce network energy consumption. He said he believed that 5g energy consumption would be further reduced and the concept of green emission reduction would be more complex.

Stimulated by multiple favorable conditions, A-share 5g concept in the early trading of today was once a straight-line rise. After the opening of zhongjiabo, the trading limit was pulled straight-line, and Oriental Zhongke, Shenzhou Taiyue and Westone also rose strongly.

Affected by this, Everbright Bank and industrial bank all fell by more than 2% in the early trading, and led to the decline of the whole banking sector, which is also one of the important factors restricting the strength of a shares today.

Institutions: the market is ready to emerge at the end of the year

Societe Generale Securities said that 2021, as the opening year of the 14th five year plan and the first year after the establishment of A-share in the past 30 years, will present a new atmosphere in terms of institutional environment, investor structure and quality of listed companies. The overall market will fluctuate upward in 2021. The global economic fundamentals recovered from the epidemic, and the change of liquidity expectation is the main contradiction guiding the market. The end of the year and the beginning of the year is an important investment time point: the fundamentals continue to rise, the internal and external economy improves, and the prosperity is upward. Replenishing inventory varieties is expected to be the beneficial direction. When the economic growth rate turns downward, liquidity will become the focus of the market periodically, and its expected improvement is expected to provide investors with better buying point. At this time, the direction of liquidity benefits is worthy of investors attention.

Guosheng Securities said that after the market experienced continuous differentiation for many days, the main board, the small and medium-sized board and the growth enterprise market showed relatively positive willingness to repair. Shanghai Stock Exchange stepped back on the 10-day and 20-day moving average line to gain support. However, due to the limited capacity, it still needs incremental funds and policy support to go up. During the continuous fermentation of credit default risk, the market is still in shock We should pay attention to the risk of debt risk transmitted to stocks, avoid high debt, high pledge and other stocks, and return to high-quality asset undervalued and high roe value companies.