CBRC: Support some provinces to restructure city commercial banks within their jurisdiction according to local conditions.

SASAC: Seize new infrastructure investment opportunities, such as 5G, industrial internet and data center.

Market review

Market comment: The index fell again, and gradually participated after waiting for stabilization.

Environmental protection engineering industry: The National Green Development Fund was established, focusing on environmental protection and low valuation leaders.

New stock tips

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Futures information

Metal energy: gold 399.6, down 0.82%; Copper 5 15 10, up by 0.45%; Rebar 3706, down 0.35%; Rubber 10635, up by 0.38%; The PVC index was 6530, down 0.61%; Zheng Chun 18 12, down1.445438+0%; Shanghai Aluminum 14 145, down 0.35%; Shanghai Nickel 106920, down 0.32%; Iron ore was 820.5, down1.08%; Coke 1904, up by 0.52%; Coking coal 1203, up by 0.29%; Crude oil 302. 1, down1.18%;

Agricultural products: soybean oil 5990, up 0.54%; Corn 2 154, down 0.05%; Palm oil 5336, up 0.53%; Cotton 12030, up 0.12%; Zhengmai 25 16, up 0.16%; Sugar 5 170, down 0.54%; Apple 758 1, down 2.72%;

Exchange rate: Euro/USD 1. 1383, down 0.25%; USD/RMB 6.9950, up 0.19%; USD/HKD7.7531,up 0.0 1%.

(The above futures data are from Shanghai Futures Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange)

Main recommendations

1, CBRC: Support some provinces to restructure city commercial banks within their jurisdiction according to local conditions.

Liu Rong, deputy director of the Urban Banking Department of CBRC, said at the online briefing of CBRC on July 16 that the risks of urban commercial banks were generally controllable. China Banking Regulatory Commission (CBRC) supports local conditions and comprehensive policies, actively promotes city commercial banks to deepen reform and resolve risks, and supports some provinces to deepen reform and resolve risks by means of joint restructuring. At present, the reform and reorganization of small and medium-sized institutions under the jurisdiction of some provinces is progressing in an orderly manner.

Comments: Support some provinces to deepen reforms and resolve risks by means of joint restructuring according to local conditions. This statement of the CBRC is beneficial to city commercial banks. In the A-share market, the fundamentals of city commercial banks are generally good, and it is expected that there will be active performance opportunities in the short term.

(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)

2.SASAC: seize new infrastructure investment opportunities, such as 5G, industrial internet and data center.

Peng, secretary-general and spokesman of the State-owned Assets Supervision and Administration Commission, said that in the second half of the year, we should give full play to the important role of central enterprises in stabilizing investment and implement the annual investment plan in a safe and orderly manner. We will continue to guide and support enterprises to increase investment in areas such as improving industrial basic capabilities, breaking through the weak links of key core technologies in the industrial chain, and maintaining the safety of the industrial chain, seize investment opportunities in new infrastructure such as 5G, industrial internet, and data centers, actively and orderly promote project construction, do a good job in high-quality investment projects, actively absorb social capital, and broaden financing channels.

Comments: Grasping the investment opportunities of new infrastructure such as 5G, industrial Internet and data center, and actively and orderly promoting project construction will inevitably benefit listed companies in related industries. However, the concept stocks of these sectors have generally experienced several rounds of speculation before. It is expected that the concept stocks of new infrastructure sectors such as 5G, industrial Internet and data center will have active opportunities in the short term, but the rebound is limited, and it is not recommended to blindly chase after them.

(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)

Market review

1, market comment: the index fell again, and gradually participated after waiting for stabilization.

On Thursday, the market indexes of the two cities fluctuated and closed down, and the trading volume was smaller than that of Wednesday. The total turnover of the two cities is 1506 1 100 million yuan. Specifically, the Shanghai Composite Index closed down 4.50% at 32 10. 10. The Shenzhen Component Index fell 5.37% to close at 12996.3; The GEM index fell 5.93% to 2,646.26 points.

On the disk, individual stocks generally fell, and only environmental protection concept stocks were slightly stronger. From the trend point of view, the three major indexes all fell below the 10 daily line, which is expected to gain support near the 20th daily line in the short term and still improve in the medium term.

In operation, market panic is spreading, so it is suggested to wait for the index to stabilize before gradually participating. It is suggested to pay attention to the stocks with good expected performance in the interim report, as well as the investment opportunities of high-quality varieties in the food and beverage, consumer electronics and new energy industry chains and chip semiconductor sectors.

(investment consultant? Yang Dong? Certificate number of registered investment consultant. :S02606 15080007)

2. Environmental protection engineering industry: The National Green Development Fund was established, focusing on environmental protection leaders with low valuation.

On July 15, the National Green Development Fund (hereinafter referred to as the "Green Fund") with a scale of 88.5 billion yuan was officially unveiled. The Green Fund was initiated by the Ministry of Finance, the Ministry of Ecology and Environment and Shanghai, and was jointly funded by the Ministry of Finance, CDB and other financial institutions and 1 1 provincial and municipal financial departments along the Yangtze River Economic Belt, of which the Ministry of Finance contributed10 billion yuan. The green fund adopts the company system, led by Shanghai.

Comments: The establishment of the National Green Development Fund will effectively alleviate the dilemma of high asset-liability ratio and poor cash flow in the environmental protection industry and accelerate the construction of green development projects along the Yangtze River Economic Belt. The valuation of the environmental protection industry is expected to rise overall. It is suggested to pay attention to the environmental protection industry leaders with low valuation, including solid waste sector, water sector, environmental restoration sector and clean energy sector.

(Investment consultant Yang Dong? Certificate number of registered investment consultant. :S02606 15080007)