Main recommendations
Ministry of Commerce: The goal of stable absorption of foreign capital throughout the year can be achieved.
Ministry of Agriculture and Rural Affairs: Make every effort to speed up the recovery of pig production
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Market review
Market comment: The policy tone is getting warmer, and structural opportunities are expected to be active again. It is recommended to pay attention to certain opportunities.
Macro point of view: with the support of policies and funds, the performance of integrated circuit sector entered a release period.
Pharmaceutical industry: the policy of controlling fees and reducing prices in the pharmaceutical industry has been intensively introduced, and the valuation of industry leaders needs to be improved.
Futures information
Metal energy: gold 334.40, down 0.22%; Copper 470 10, up 0.26%; Rebar 3477, up 0.17%; Rubber 12 195, up by 0.49%; The PVC index was 6465, down1.00%; Zheng Chun 1986, up by 0.40%; Shanghai Aluminum 138 10, up by 0.44%; Shanghai nickel 1 18 180, down1.95%; Iron ore 6 15.5, up 0.65%; Coke 174 1.5, down 0.57%; Coking coal 1209.0, down 0.49%; Brent oil 60. 19, down1.81%;
Agricultural products: soybean oil 6284, up 0.35%; Corn 1896, up1.01%; Palm oil 5488, up 0.37%; Zheng Mian 13265, Ping; Zheng Mai 2359, up 0.13%; White sugar 5547, down 0.34%; Apple 7894, down 2.18%; Jujube11110, up by 0.05%;
Exchange rate: EUR/USD 1. 1 1, up by 0.19%; USD/RMB 7.02, up 0.24%; USD/HK$ 7.83, up 0.01%;
Second, the key recommendation
1. Ministry of Commerce: The goal of stable absorption of foreign capital throughout the year can be achieved.
Event: Although global transnational investment is generally depressed, the amount of foreign investment absorbed by China has not decreased, but has steadily increased. Zong Changqing, Director of the Foreign Investment Department of the Ministry of Commerce, said on June 5438+08 that at present, global investors still maintain confidence in investing in China, and China's foreign investment is still growing steadily. It is expected that the goal of stabilizing foreign investment can be achieved this year.
Comments: Although China's economy has faced some pressure in recent years, its overall growth rate is still in the forefront among the major economies in the world. China has a huge domestic demand market and a complete upstream and downstream industrial chain, which is very attractive to foreign investment and a strong support for China's economic growth. In the context of stable fundamentals, the investment value of A shares is still obvious in the medium and long term.
(investment consultant Zhong Yanling registered investment consultant certificate number: S02606 13020024)
2. Ministry of Agriculture and Rural Affairs: fully promote the accelerated recovery of pig production.
Event: On June 165438+1October16, Minister of Agriculture and Rural Affairs Han Changfu presided over the dispatch meeting of pig production in nine southern provinces, autonomous regions and municipalities, and listened to 9 provinces (autonomous regions and municipalities) including Jiangsu, Zhejiang, Anhui, Jiangxi, Hunan, Guangdong, Guangxi, Chongqing and Sichuan. The meeting stressed that all localities should take accelerating the recovery of pig production as the current political task, earnestly enhance their sense of responsibility, mission and urgency, further compact their responsibilities, implement measures, pay attention to practical results, and go all out to accelerate the recovery of pig production.
Comments: Affected by the African swine fever epidemic, this round of pig prices has increased by a large margin. Although the policy is making every effort to promote the recovery of pig production, it is expected that the pig price will remain at a high level due to the long recovery time of pig production and the possibility of repeated epidemics. The high prosperity of aquaculture is expected to be maintained, and it is recommended to pay attention to the industry leaders.
(investment consultant Zhong Yanling registered investment consultant certificate number: S02606 13020024)
Third, the market review
Market comment: The policy tone is getting warmer, and structural opportunities are expected to be active again. It is recommended to pay attention to certain opportunities.
Affected by the central bank's resumption of reverse repurchase operations and interest rate cuts, the three major stock indexes rose slightly on Monday, and the Shanghai Composite Index regained the 2900-point integer mark. At the close, the Shanghai Composite Index reported 2909.20 points, up 0.62%; The Shenzhen Component Index reported 97 15.27 points, up 0.70%; Chuangzhi Bao 1682.49 points, up 0.46%. On the face of it, steel, digital currency, brokers and tobacco are in the forefront of the increase list, while liquor, aviation and gold are in the forefront of the decline list. On the whole, individual stocks rose more and fell less, and the theme concept was more active. As the news warms up, it is expected that the short-term market will continue to fluctuate and rebound. In operation, the index is lighter and the band operation is strengthened. It is suggested to pay attention to the varieties with clear performance growth and reasonable valuation on dips. Focus on finance, electronics, home appliances, medicine, infrastructure and stocks with performance exceeding expectations, and avoid stocks with poor performance that are difficult to meet expectations. The stock market is risky, so you need to be cautious in investing.
(investment consultant? Where's Gu? Registered Investment Consultant CertificateNo.: S026066 1 1020066)
Macro point of view: with the support of policies and funds, the performance of integrated circuit sector entered a release period.
Event: Under the background of the acceleration of domestic substitution, the performance of major ic design companies in China showed an accelerated growth trend in the third quarter. Among them, in the mainstream application fields such as RF chips, analog chips and memories, domestic system terminal manufacturers have accelerated the introduction of domestic substitute products.
Comments: In addition to policy support, the state also provides financial support. It is expected that the news will bring great potential benefits to the integrated circuit industry in the medium and long term. It is suggested to actively pay attention to the leading targets of industry benefits.
(investment consultant? Where's Gu? Registered Investment Consultant CertificateNo.: S026066 1 1020066)
Pharmaceutical industry: the policy of controlling fees and reducing prices in the pharmaceutical industry has been intensively introduced, and the valuation of industry leaders needs to be improved.
Pharmaceutical industry: Over the past year or so, the policy of controlling fees and reducing prices has been introduced intensively. At the same time, under the background of trade friction and increasing uncertainty in the international situation, the pharmaceutical industry has become a safe haven for market funds, with domestic demand as the mainstay. In the pharmaceutical industry, stocks with strong R&D ability, excellent innovation ability and strong cost control ability are expected to strengthen. It is suggested to focus on two main lines: growth and policy immunization.
(Investment Consultant Gu registered investment consultant certificate number: S026066 1 1020066)