China Central Committee and the State Council: Improve the basic system of the stock market
Development and Reform Commission: Fully open the rural collective construction land and directly enter the market
Market comments
Market comments: the three major indexes closed up and rebounded to a new high, and investors with heavy positions can appropriately reduce their positions
Cosmetics industry: In March, the cosmetics sales of Alibaba Platform reached 23.4 billion yuan, up 44% year-on-year. Copper 477, up .42%; Rebar 331, up 2.26%; Rubber 126, up .84%; The PVC index was 543, down .%; Zhengchun 182, up 5.8%; Shanghai aluminum 1167, up .56%; Shanghai nickel 9497, up .89%; Iron ore 61., up 3.21%; Coke 177.5, up 1.94%; Coking coal 1132, up .67%; Crude oil was 38.2, up 2.84%;
Agricultural products: soybean oil 5678, up by 1.87%; Corn 234, up .3%; Palm oil 4946, up 1.48%; Cotton 1145, up .66%; Zheng Mai 264, down .34%; White sugar 536, up .6%; Apple 7353, up .88%;
exchange rate: EUR/USD 1.93, up .69%; USD/RMB 7.6, down .13%; USD/HK$ 7.753, up .2%.
(The above futures data are from Shanghai Futures Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange)
New stock tips?
1. Jintian Copper, with the subscription code of 7869 and the subscription price of 6.55 yuan.
key recommendations
1. China * * * Central Committee and the State Council: Improve the basic system of the stock market
China * * * Central Committee and the State Council issued opinions on building a more perfect system and mechanism for market-oriented allocation of factors. Improve the basic system of the stock market. Formulate opinions on perfecting the basic system of the stock market. Adhere to the direction of marketization and rule of law reform, and reform and improve the system of stock market issuance, trading and delisting. Encourage and guide listed companies to pay dividends in cash. Improve the investor protection system and promote the improvement of the securities civil litigation system with China characteristics. Improve the market construction of the main board, science and technology innovation board, SME board, GEM and the national SME share transfer system (New Third Board).
Comments: Reform and improve the stock market issuance, trading and delisting systems, and encourage and guide listed companies to pay dividends in cash. This is a good system for the A-share market, but it should be noted that A-shares have rebounded for three weeks since the middle and late March. At this time, it is necessary to guard against the short-term rise and fall of the market.
(investment consultant? Cai Jin? Registered investment consultant certificateNo.: S2661192)
2. Development and Reform Commission: comprehensively push forward rural collective construction land and directly enter the market
The National Development and Reform Commission issued the Key Tasks of New Urbanization Construction and Urban-Rural Integration Development in 22. The document puts forward that rural collective management construction land should be pushed forward in an all-round way and directly entered the market. The introduction of rural collective construction land into the market guidance. After allowing farmers to properly handle the relationship between property rights and compensation collectively, they will recover the idle homestead and abandoned collective public welfare construction land use rights voluntarily withdrawn by farmers according to law, and enter the market according to the business purposes determined in the land and space planning. Start a new round of rural homestead system reform pilot.
Comments: It will be beneficial for listed companies that hold more rural collectively-operated land to directly enter the market and launch a new round of rural homestead system reform pilot. It is expected that land circulation concept stocks will have active performance opportunities in the short term, but such stocks generally have a certain increase in the near future, and it is not recommended to participate in the short term.
(investment consultant? Cai Jin? Registered Investment Consultant CertificateNo.: S2661192)
Market Comments
1. Market Comments: The three major indexes closed up and hit a new high, and investors with heavy positions can appropriately reduce their positions
On Thursday, the Shanghai and Shenzhen stock markets collectively opened higher, and fluctuated upward in the afternoon. The Growth Enterprise Market index led the rise of RCS rich media concept stocks, and the two cities rose more than one hundred times, and the market atmosphere further improved. From the disk, RCS, medical equipment, cloud office and other sectors were among the top gainers; Consumer electronics, aquaculture, Huawei Hisilicon and other sectors were among the top losers. At the close, the Shanghai Composite Index rose .37% to close at 2825 points; The Shenzhen Component Index rose .74% to close at 1,463 points; Growth enterprise market index rose 1.65% to close at 1997 points.
The overseas epidemic continued to be severe, but the emotional impact on the capital market gradually weakened. The Shanghai Composite Index stood at 2,8 points, and the old and new themes were staged in turn, which proved that market confidence was gradually recovering. With the disclosure of listed companies' annual report in 219 and the first quarterly report in 22, the focus of the market is expected to return to the fundamentals, and companies whose performance exceeds expectations or reverses will be more favored by funds. The market as a whole is in the bottoming stage, and the second quarter is a time window for intensive policies, and the domestic economy will usher in further repair. We should not be overly pessimistic about the prospects in the second quarter. In operation, after the market continues to rebound, heavy investors can appropriately reduce some positions. Pay attention to the new infrastructure, consumer electronics and other sectors where the policy supports the superposition of the industry boom, followed by the consumer sector that is expected to usher in a strong recovery after the epidemic.
(investment consultant Zeng Zilei registered investment consultant certificateNo.: S26613915)
2. Cosmetics industry: In March, the cosmetics sales of Ali Platform reached 23.4 billion yuan, up 44% year-on-year.
in March, 22, the sales of cosmetics on Alibaba platform reached 23.4 billion yuan, up 44% year-on-year, and the growth rate increased by 8 pct. Sales volume was 25 million pieces, up 8% year-on-year; The average price was 93.5 yuan, a year-on-year increase of 33.2%. Compared with January-February, the cosmetics sales of Ali platform improved significantly in March.
comments on visiting relatives: affected by the epidemic situation in COVID-19, residents spent most of January and February staying at home to fight the epidemic, and decreased social interaction led to a rapid decline in the use of cosmetics. With the accelerated resumption of production in various places in March, the sales volume of cosmetics also recovered rapidly, increasing by 44% compared with last year. With the penetration of low-tier cities and the stimulation of domestic substitution, the cosmetics industry will remain a fast-growing consumer segment in the future. Short-term cosmetics leading varieties have increased greatly, so it is not recommended to chase after high. If there is continuous adjustment, you can pay attention to leading varieties on dips.
(investment consultant Zeng Zilei registered investment consultant certificateNo.: S26613915)