China Securities Regulatory Commission issued guidance on the listing of companies listed on the New Third Board.
Li Keqiang will deliver a speech at the video conference of the Global Vaccine Summit.
Market review
Market comment: the upward momentum is weakened and continues to fluctuate.
Electronics industry: the panel price is close to the bottom, and the turning point of the industry is coming soon.
New stock tips
Kang Hua Bio, the subscription code is 30084 1, and the subscription price is 70.37 yuan;
Futures information
Metal energy: gold 388.84, down1.50%; Copper 44830, down 0.04%; Rebar 3602, up 0.03%; Rubber 10595, down 0.38%; The PVC index was 6 195, down1.43%; Zheng Chun 1763, up by 0.63%; Shanghai Aluminum 13040, up by 0.42%; Shanghai Nickel 103 100, down 0.67%; Iron ore was 74 1.5, down 0.13%; Coke 1949.5, up by 0.85%; Coking coal 1 168.5, down 0.34%; Crude oil was 305.6, up 0.16%;
Agricultural products: soybean oil 5656, down 0.67%; Corn 2078, down 0.05%; Palm oil 4874, down 0.04%; Cotton 1 1800, down 0.46%; Zheng Mai 2497, up 0.08%; Sugar 50 19, up 0.92%; Apple 8708, down 0.62%;
Exchange rate: Euro/USD 1. 1234, up by 0.58%; USD/RMB 7. 1 187, up 0.17%; USD/HK$ 7.7504, down 0.0 1%.
(The above futures data are from Shanghai Futures Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange)
Main recommendations
1, the CSRC issued guidance on the listing of companies listed on the New Third Board.
In order to establish the transfer listing mechanism, standardize the transfer listing behavior, coordinate the system rules of different listing paths, and do a good job of supervision and convergence, the CSRC issued the Guiding Opinions on the Transfer Listing of Listed Companies in the National Small and Medium-sized Enterprises Share Transfer System (hereinafter referred to as the Guiding Opinions).
The main contents of the Guiding Opinions include three aspects. The first is the basic principle. The establishment of the transfer and listing mechanism will adhere to the principles of market orientation, overall consideration, pilot first and risk prevention and control. The second is the main institutional arrangement. To stipulate in principle the scope, conditions, procedures, sponsorship requirements and restricted shares of the transfer to the board of directors. The third is the regulatory arrangement. Clarify the responsibilities of stock exchanges, national share transfer companies, intermediaries and other relevant parties. Illegal acts of the transfer bureau and the city should be severely punished according to law. Shanghai Stock Exchange, Shenzhen Stock Exchange, National Stock Transfer Company and China Clearing will formulate or revise business rules according to the Guiding Opinions to further clarify and refine various specific institutional arrangements.
In the next step, the CSRC will organize the Shanghai Stock Exchange, Shenzhen Stock Exchange, National Stock Transfer Company and China Clearing Company to do all the preparatory work for the listing on the transfer board, and evaluate and improve the relevant institutional arrangements according to the pilot situation.
Comments: On the one hand, the transfer of the New Third Board is expected to bring increments to brokerage investment banks and investment businesses, which will benefit brokerage stocks; On the other hand, it increases the supply of science and technology innovation board and growth enterprise market, which is bad for the market in the short term.
(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)
2. Li Keqiang will deliver a speech at the video conference of the Global Vaccine Summit.
China's ambassador to Britain, Liu Xiaoming, said in an interview with CCTV a few days ago that Britain will hold a "Global Vaccine Summit" on the 4th, and the China government will also send representatives to participate. Foreign Ministry Spokesperson Zhao Lijian also announced on the 3rd that People's Republic of China (PRC) Li Keqiang, Premier of the State Council of the People's Republic of China will deliver a speech at the video conference of the Global Vaccine Summit on the evening of June 4th.
Comments: Affected by the epidemic, the national level has paid more and more attention to the field of disease prevention, and people's awareness of vaccination has also improved significantly. Earlier, Academician Zhong Nanshan said that China's vaccine research progress was in the first echelon in the world. It is expected that the stocks mainly involved in vaccine research and development in COVID-19 will have active performance opportunities in the short term, but the related stocks have generally experienced deep speculation before, so it is necessary to be cautious in short-term chasing up.
(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)
Market review
1, market comments: the upward momentum is weakened and continues to fluctuate.
On Wednesday, the market index of the two cities surged back, and the total market turnover was slightly enlarged compared with the previous trading day. The total turnover of the two cities was 777.8 billion yuan, and the net inflow of funds from the north was 5.7 billion yuan. Specifically, the Shanghai Composite Index rose 0.07% to close at 2923.37 points. Shenzhen Component Index fell 0.04% to close at 1 1 108.4. The GEM index fell 0. 10% to close at 2 143438+02.
On the face of it, economic concept stocks such as Tang Shida, Internet celebrities, mask aligner, auto stocks and auto parts stocks performed strongly, while the Hainan plate collectively plunged. The weakening of brokerage stocks at the end of the session led to the weakening of the index, and the theme speculation also cooled down.
In the trend, the market does not have the momentum to continue to rise, and it is more likely that the short-term Shanghai Composite Index will maintain a shock consolidation near the annual line. In operation, it is suggested that the semi-warehouse rolling operation is better, and it is suggested to pay attention to the white horse varieties with high technology and high consumption and the sub-new stock plate that has been adjusted for several days.
(investment consultant? Yang Dong? Certificate number of registered investment consultant. :S02606 15080007)
2. Electronics industry: the panel price is close to the bottom, and the turning point of the industry is coming soon.
Samsung will completely withdraw from the LCD panel business by the end of 2020. LGD is expected to withdraw from Korean LCD TV production capacity after the end of 20 19Q3. It is estimated that from 20 19Q3 to 2020Q4, the total withdrawal capacity will account for more than 20% of the total global TV production capacity. There is an inflection point in the supply side of the industry. After considering the new capacity, the month-on-month/year-on-year growth rate of capacity decreased significantly. From the perspective of industry concentration and competition pattern, since 20 13 years, with the substantial expansion of domestic manufacturers, the concentration of TOP5 in the large-size LCD industry has been dispersed, with BOE and CSOT rising the fastest and Samsung and AUO falling the fastest. We expect that with the reshuffle of the industry structure and the further growth of domestic production capacity, the industry concentration will converge again. The leading position of BOE and CSOT will be further enhanced.
Comments: Samsung announced that it would close all LCD production capacity in South Korea during the year, and began to close the factory in September. With the withdrawal of South Korea's production capacity, the supply side of the industry shuffled, the mainland's production capacity accelerated integration, and the industry ushered in a long-term turning point.
(Investment consultant Yang Dong? Certificate number of registered investment consultant. :S02606 15080007)