The General Administration of Market Supervision sent a letter to 8 provinces and cities to carry out a special investigation on the price of meltblown fabrics.
China ICT Institute: In February, domestic mobile phone shipments were 6.384 million 5G mobile phones, accounting for 37.3%.
Market review
Market comment: panic has spread all over the world, and A shares have not been immune to it.
Environmental protection industry: A number of policies were released intensively, and the fundamentals of the industry continued to improve.
Futures information
Metal energy: gold 374. 14, down 0.64%; Copper 43870, down 2.64%; Rebar 3449, down 0.29%; Rubber 10460, down 5.6%; The PVC index was 6 130, down 2.23%; Zheng Chun 1939, down 4.95%; Shanghai Aluminum 12895, down 2.13%; Shanghai Nickel 995 10, down 3.51%; Iron ore was 629.5, down 2.78%; Coke 18 14, down 0.38%; Coking coal 1248, down 0.16%; Crude oil was 338.9, down 5.99%;
Agricultural products: soybean oil 5536, down 3.96%; Corn 1956, down 0.10%; Palm oil 49 14, down 4.95%; Cotton 12330, down 3.90%; Zhengmai 25 1 1, down 0.79%; White sugar 5579, down 2.25%; Apple 70 14, up 0.91%;
Exchange rate: EUR/USD 1. 1435, up1.28%; USD/RMB 6.953 1, up 0.30%; USD/HK$ 7.7722, down 0.0 1%.
(The above futures data are from Shanghai Futures Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange)
New stock tips
1, Jianke Machinery, purchase code 300823, purchase price 16.58 yuan;
2. Jiahua Technology, the subscription code is 78705 1, and the subscription price is 50.438+0 yuan.
Main recommendations
1. The General Administration of Market Supervision sent a letter to 8 provinces and cities to carry out a special investigation on the price of meltblown fabrics.
The newspaper reported that the State Administration of Market Supervision has issued an urgent notice to the market supervision bureaus of eight provinces and cities, including Zhejiang and Jiangsu, requesting a special investigation on the price of meltblown nonwovens to ensure price stability.
Melt-blown nonwoven fabric, referred to as melt-blown fabric for short, is the key material for the filtering function of masks, and is called the "heart" of medical masks and N95 masks. Because the fiber diameter of meltblown cloth can reach 1 to 5 microns, it has good filterability, shielding, heat insulation and oil absorption.
Affected by the epidemic situation in COVID-19, the use of masks in China has surged, and the meltblown cloth needed to produce medical surgical masks and N95 masks has become the bottleneck to expand the mask production capacity. The price of meltblown fabrics has also soared, from the previous 20 thousand yuan per ton to about 400 thousand yuan per ton, and the unit price has increased nearly 20 times.
In order to further strengthen the price supervision of melt-blown nonwovens and ensure the price stability, the State Administration of Market Supervision requires local market supervision departments to conduct a special investigation on the price of melt-blown nonwovens in designated enterprises from March 5 to March 10.
In the above notice, the State Administration of Market Supervision also requested that "the designated meltblown nonwovens enterprises should be investigated and dealt with, and complaints and reports on the price of meltblown nonwovens should be given priority, and those suspected of violating the law should be resolutely investigated and dealt with according to law."
Comments: Recently, with the spread of the global epidemic, the speculation of individual stocks in the mask industry chain is almost crazy. The investigation conducted by the relevant state departments to ensure the price stability of meltblown fabrics will be bad for the speculation of related stocks. With Sinopec and other central enterprises joining the production team of meltblown fabrics, the tight supply and demand situation of meltblown fabrics will gradually ease. In operation, it is not recommended to continue to participate in the speculation of related stocks.
(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)
2. China ICT Institute: In February, domestic mobile phone shipments were 6.384 million 5G mobile phones, accounting for 37.3%.
On March 9th, China ICT Institute released an analysis report on the operation of domestic mobile phone market in February 2020.
According to the report, in February 2020, the domestic mobile phone market shipped 6.384 million units, down 56.0% year-on-year, including 43,000 2G mobile phones, 3.96 million 4G mobile phones and 2.38 million 5G mobile phones. From June 5438 to February 2020, the domestic mobile phone market shipped 27197,000 units, down 44.0% year-on-year, including 389,000 2G mobile phones, 4G mobile phones189,640 units and 7845,000 5G mobile phones (accounting for about 37.3%).
In February 2020, smartphone shipments were 634 1 1,000 units, down 54.7% year-on-year, accounting for 99.3% of mobile phone shipments in the same period, of which Android phones accounted for 92.2% of smartphones. From June 5438 to February 2020, smartphone shipments reached 26.707 million units, down 42. 1% year-on-year, accounting for 98.2% of mobile phone shipments in the same period, of which Android phones accounted for 89.5% of smartphones.
Comments: The decline in mobile phone shipments is not good news for stocks in the smart phone industry chain. Related stocks have accumulated a lot of gains in the past six months, and the short-term trend is not optimistic.
(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)
Market review
1, market comment: panic has spread all over the world, and A shares cannot be immune to it.
On Monday, the market opened lower and oscillated, and plunged in the afternoon. Growth enterprise market index fell more than 4% below the 20-day line, and the mask plate continued to be active. Affected by the external market, the index collectively opened lower. After the opening, the index fluctuated and fell, and groups such as big consumers and petrochemical oil workers plummeted. In the afternoon, the two cities rebounded slightly, and two barrels of oil rose strongly. Among them, China Petrochemical rose 4%, and the decline of Shanghai Composite Index narrowed. Near the end of the session, the index fell again. At the close, the Shanghai Composite Index fell 3.0 1%, the Shenzhen Component Index fell 4.09%, and the Growth Enterprise Market Index fell 4.55%. In terms of plate concept, civil aviation and printing and dyeing plates were among the top gainers; Memory and Huawei HarmonyOS system led the decline. A total of 523 stocks in the two cities rose, 89 stocks rose daily, and 87 stocks rose daily except for new shares; 3,234 stocks fell and 86 stocks fell. The net outflow of Shanghai Stock Connect was 8.70 billion yuan, and that of Shenzhen Stock Connect was 3.49 billion yuan.
The plunge in oil and Australian stock markets means that there are serious risks in the global raw material market, which directly reflects the pessimistic expectations of the global market for the future economy. At this time, what should be guarded against is that if peripheral banks continue to maintain the financial market by reducing RRR and cutting interest rates, the monetary policy space will be very limited. Whether it is the Federal Reserve or Europe and Japan, especially those areas with negative interest rates, it is not excluded that the adjustment of the money market is out of control and new financial problems will be triggered. As for China, with the stabilization of the epidemic, the economy has gradually returned to the right track, and there are still many national monetary and financial means, so investors need not worry too much. At present, control positions, see more and move less. Below 2900, you can consider laying out blue chips with excellent performance and high-quality technology stocks on dips.
(The investment consultant has registered the investment consultant certificate number: S02606 130900 15)
2. Environmental protection industry: A number of policies were released intensively, and the fundamentals of the industry continued to improve.
Recently, the Central Office and the State Council issued the "Guiding Opinions on Building a Modern Environmental Governance System" to guide the environmental protection industry in the next five years; The Central Agricultural Office and the Ministry of Agriculture and Rural Affairs put forward 50 measures to improve the rural living environment in 2020, and 1 1 formulated 50 measures, which set requirements for the objectives and tasks of the three-year action plan to improve the rural living environment; Ten ministries and commissions jointly issued the Work Plan for Comprehensive Waste Treatment in Medical Institutions, emphasizing comprehensive waste treatment in medical institutions, and realizing waste reduction, recycling and harmlessness.
Investment Comments: From February to June, 2020, the proportion of special bonds related to environmental protection among newly added special bonds increased from 65,438+0.03% in the same period of last year to 65,438+065,438+0.34%, and the amount of funds obtained by the government for ecological protection increased significantly. Affected by the epidemic situation in COVID-19 this year, the medical waste in China has increased sharply, so effective and environmentally friendly treatment methods are necessary, and many opportunities have emerged in related sub-industries. At the same time, the environmental protection sector has fallen back to a reasonable area after substantial adjustment in previous years. With the promotion of special bonds, the environmental protection sector is expected to usher in the opportunity of valuation repair. Investors are advised to pay attention to related enterprises in the fields of water environment treatment and solid waste treatment.
(The investment consultant has registered the investment consultant certificate number: S02606 130900 15)