Main recommendations
The RMB exchange rate soared, and offshore once rose above the 6.55 mark.
Lenovo: In June 5438+ 10, the wholesale sales of new energy passenger cars exceeded144,000, up1/9.8% year-on-year.
Market review
Market comment: With the gradual clarification of the US election situation, investors' mood is picking up, and the operation can be moderately positive.
Macro view: The collective profit increased in the third quarter, and the hotel industry ushered in a recovery season.
Computer industry: The 10th Five-Year Plan was released, and the Ministry of Industry and Information Technology accelerated the formulation of 5G and new infrastructure plans.
Futures information
Metal energy: gold 409.72, down 0.07%; Copper 5 1890, up 0.70%; Rebar 3790, up 2.13%; Rubber 14 180, down 4.86%; The PVC index was 7225, up by 2.63%; Zheng Chun 2090, up 0.77%; Shanghai Aluminum 14730, up by 0.27%; Shanghai Nickel 1 17860, up by 0.98%; Iron ore was 797.5, up 3.44%; Coke 2447.0, up 3.64%; Coking coal 1306.5, up by 0.23%; Brent oil was 43.08, up 5.33%;
Agricultural products: soybean oil 7238, down1.31%; Corn 2537, down 0.94%; Palm oil 6286, down 2.30%; Zheng Mian 14220, down 0.18%; Zheng Mai 2692, down 0.26%; Sugar 5 109, down 0.14%; Apple 7 125, up 0.83%; Jujube 9885, up 0.36%;
Exchange rate: Euro/USD 1. 18, down 0.56%; USD/RMB 6.63, up 0.30%; USD/HK$ 7.75, down 0.02%.
Second, the key recommendation
1, the RMB exchange rate soared, and offshore once broke the 6.55 mark.
Event:165438+1On October 9th, the offshore RMB exchange rate against the US dollar once broke the 6.55 mark, continuing to hit a new high since June 20th18th. As of 16:30, the onshore RMB against the US dollar closed at 6.5728, up 487 basis points from the previous trading day; The offshore RMB exchange rate against the US dollar also rose by more than 400 basis points to around 6.55.
Comments: Since the end of May this year, the RMB exchange rate has been rising strongly. Up to now, the exchange rate of RMB against the US dollar has appreciated by nearly 8% compared with the low point at the end of May. The appreciation of RMB exchange rate reflects that China's economy took the lead in recovery after the epidemic, and China's fundamentals are relatively dominant in the world, which will also enhance the attractiveness of domestic assets to some extent.
(investment consultant Zhong Yanling registered investment consultant certificate number: S02606 13020024)
2. Travel Association: In June 5438+ 10, the wholesale sales volume of new energy passenger cars exceeded144,000, up1/9.8% year-on-year.
Event: According to the statistics of the Passenger Association, the wholesale sales volume of new energy passenger cars exceeded144,000 in June 5438+ 10, up19.8% year-on-year and 15.9% quarter-on-quarter. 65438+ 10, the new energy passenger car market showed diversification, and the enterprises with sales exceeding 10,000 were SAIC-GM-Wuling 297 1 1, BYD 22395, SAIC-GM 12785, Tesla China 12 143. New car companies such as Weilai, Ideality, Weimar, Tucki, He Zhong and Zero Run are all excellent.
Comments: In recent months, the domestic sales of new energy vehicles have exploded, which resonates with the high prosperity of new energy vehicles in Europe. Under the strong catalysis of the policy, the electrification trend of the global automobile market is hard to stop. At present, the penetration rate of new energy vehicles in China is less than 5%, which is far from the goal of achieving 20% penetration rate in 2025. There will be huge room for sales growth in the next few years, which will greatly boost the industrial chain.
(investment consultant Zhong Yanling registered investment consultant certificate number: S02606 13020024)
Third, the market review
Market comment: With the gradual clarification of the US election situation, investors' mood is picking up, and the operation can be moderately positive.
On Monday, the major indexes opened higher and higher, and the market showed a general upward pattern. Growth enterprise market rose more than 2%. In terms of industry sectors, electronic components, brokerage trust, port water transport, 5G, software services, international trade, insurance, etc. Leading the gains, precious metals rebounded slightly; In terms of theme stocks, SMIC, photoresist, gallium nitride, wireless headphones and other technology stocks fully occupied the forefront of the increase list. The market as a whole showed a relatively strong rebound. The market will continue to rebound as the US election situation becomes clearer and funds continue to flow back to the north. In operation, it is suggested to continue to grasp the main line of economic recovery, strategically allocate large-scale infrastructure and financial real estate head companies, and pay attention to new energy vehicles, chips, chemicals, military and other sectors. 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 view: The collective profit increased in the third quarter, and the hotel industry ushered in a recovery season.
Event: In the eyes of the industry, inter-provincial tourism was fully restarted in the third quarter, superimposed with the summer tourist season, and the hotel industry gradually came out of the haze. It is expected that the performance in the fourth quarter will pick up steadily in the case of the "Eleventh" holiday and the further recovery of the business travel market. However, it is worth noting that the accelerated expansion of hotel groups has further intensified market competition.
Comments: With the effective control of the epidemic, the hotel industry has recovered obviously. It is expected that industry leaders will continue to benefit, and it is recommended to actively pay attention to configuration.
(Investment Consultant Gu registered investment consultant certificate number: S026066 1 1020066)
Computer industry: The 10th Five-Year Plan was released, and the Ministry of Industry and Information Technology accelerated the formulation of 5G and new infrastructure plans.
Communication industry: The 14th Five-Year Plan was released, and the Ministry of Industry and Information Technology accelerated the formulation of 5G and new infrastructure planning. The driving role of the 5G industry will become an indispensable double-cycle economic increment. It is predicted that in 2020, 5G will drive about 484 billion yuan of direct economic output. With the maturity of 5G and the landing of products, more industries will benefit directly or indirectly.
(Investment Consultant Gu registered investment consultant certificate number: S026066 1 1020066)