[heavy financial outlook] Wuzhen time comes, Federal Reserve releases meeting minutes

category:Finance
 [heavy financial outlook] Wuzhen time comes, Federal Reserve releases meeting minutes


Market hot spots

World Internet Conference u00b7 Internet Development Forum will be held in Wuzhen, Zhejiang Province from November 23 to 24. This year, the 7th World Internet Conference will be cancelled and the World Internet Conference and Internet Development Forum will be held in the name of the Organizing Committee of the world Internet Conference.

Under the background of the epidemic situation, the number of on-site participants, the number of sub forums and the duration of the meeting were adjusted compared with those in previous years. The forum will carry out various activities in the form of offline + online, and a live venue will be set up in Wuzhen, and those who cant get to the site will attend the meeting online. This years forum will set up one main forum and five sub forums, and will also hold activities such as the release of worlds leading Internet scientific and technological achievements, the light of the Internet Expo, and the direct to Wuzhen global Internet competition.

2u3001 Market price changes of important means of production in the field of circulation

On November 24, the National Bureau of Statistics announced the market price changes of important means of production in the circulation field. It is understood that the market price monitoring of important means of production in the circulation field covers the prices of 50 products in nine categories, covering nearly 2000 wholesalers, agents, dealers and other business enterprises in more than 300 trading markets in 31 provinces (autonomous regions and cities).

According to the earlier data of the National Bureau of statistics, according to the market price monitoring of 50 important means of production in 9 categories in the national circulation field, the prices of 31 products increased, 14 decreased and 5 remained flat in the first ten days of November 2020 compared with the last ten days of October.

3u3001 Exchanges around the world are closed for Thanksgiving

On November 27, the Federal Reserve will release the minutes of its November monetary policy meeting.

On November 6, the Federal Reserve announced the latest interest rate resolution, keeping the benchmark interest rate at 0% ~ 0.25% and the asset purchase plan unchanged. In terms of economic expectations, the Federal Reserve said that weak demand and the earlier drop in oil prices had curbed inflation, and the overall financial environment remained loose, reiterating the view that the economic and employment situation continues to recover, but still far below the level at the beginning of the year.

At that time, the Mingming bond research team of CITIC Securities said that the interest rate meeting of the Federal Reserve showed an observation posture. The subsequent fiscal stimulus policy and economic recovery situation will determine the policy tools and scale of the Federal Reserve in the future. If the future fiscal power is exerted and the epidemic situation spreads again, the pace of recovery may be affected, which may lead to the Feds efforts in the scale of asset purchase.

Stock market outlook

1u3001 IPO opportunities

Next week, n Zhongjing, n Mingxin and Northland will be listed, and Lanjian intelligent, digital man, Youfa group, Zhaowei Electromechanical, Kailong hi tech, Kecheng, Lianhong Xinke, Xinzhi software, Zhaolong interconnection and boqian new materials will apply for purchase.

According to the data, since its establishment in 2002, n Zhongjing has been engaged in the R & D, production and sales of seasoning ingredients. It is one of the major producers of seasoning ingredients using supercritical CO2 extraction technology in China. The main business of the company is R & D, production and sales of seasoning ingredients and seasoning food.

N Mingxin is a high-tech enterprise focusing on R & D, clean production and sales of automobile leather. Since its establishment, the company has been focusing on automobile leather business. Through continuous technical research, new product development and market expansion, it adopts green leather technology to produce a series of natural leather for automobile interior decoration which meets the requirements of safety and environmental protection and is comfortable and beautiful.

2u3001 Institutions look at the market

Guosheng Securities: the market is still dominated by shock and consolidation

Technically, after several days of differentiation, the main board, the small and medium-sized board and the growth enterprise market have shown relatively positive willingness to repair. Shanghai Stock Exchange has stepped back on the 10-day and 20-day moving average, and the short-term large-scale downward space is limited. However, due to insufficient capacity, it still needs incremental funds and policy support. During the continuous fermentation of credit default risk, the market is still dominated by shock consolidation We should be alert 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.

Zhongyuan Securities: Shanghai index short-term finishing may be larger

It is difficult to attract large amount of over-the-counter funds into the market due to the frequent changes of hot spots in the market recently. It is suggested that investors should pay close attention to the investment opportunities of the newly rising hot spots.

It is expected that the short-term Shanghai index may continue to be a small consolidation, and the growth enterprise market is likely to have a small shock. It is suggested that investors should pay close attention to the investment opportunities in aerospace, military, home appliances and nonferrous metal automobile industries in the short term, and the central line should continue to pay attention to the investment opportunities of some blue chips with undervalued performance.

Source: editor in charge of Sino Singapore Jingwei: Yang Zeyu_ NF6036