Shenzhen strives for the reform of the registration system of the Growth Enterprise Market, and implements a number of first-in-first-trial policies.
6. Listed brokers announced the operating results of the month of 65438+February, and the net profit doubled from the previous month.
Market review
Market comment: External stimulus market opens lower and moves lower, and short-term adjustment does not change the rebound trend.
Pork: It is expected that the supply and demand of pork will be generally stable during the Spring Festival.
Futures information
Metal energy: gold 352.8, down1.83%; Copper 48970, up 0.33%; Rebar 3596, down 0.17%; Rubber 13 155, down 0.08%; The PVC index was 6565, up by 0.23%; Zheng Chun 2342, up 0.56%; Shanghai Aluminum 14020, down 0.07%; Shanghai nickel 1 103 10, up1.41%; Iron ore was 674.5, down 0.37%; Coke 1898, down 0.45%; Coking coal 12 12, up by 0.87%; Crude oil was 483.2, down 4.62%;
Agricultural products: soybean oil 69 10, up 0.55%; Corn 19 16, down 0.36%; Palm oil 6344, up 0.13%; Cotton 14295, up1.02%; Zheng Mai 2477, up 0.00%; Sugar 5727, up 0.16%; Apple 7497, up 0.07%;
Exchange rate: Euro/USD 1. 1 104, down 0.43%; USD/RMB 6.9365, down 0.08%; USD/HK$ 7.7758, down 0.04%.
(The above futures data are from Shanghai Futures Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange)
New stock tips?
No.
?
Main recommendations
1, Shenzhen strives for the reform of the registration system of the Growth Enterprise Market, and implements a number of first-come-first-try policies.
On the afternoon of June 8, 2020, the eighth session of the Sixth People's Congress of Shenzhen was held. When Chen Rugui, Mayor of Shenzhen, made a government work report to deploy the government work in 2020, he proposed: "Strive to implement a number of pilot policies in the reform of the GEM registration system, international cooperation in running schools, approval of medicines and medical devices, foreign exchange management, and infrastructure construction."
Comments: The reform of GEM registration system will help to improve the valuation of outstanding growth stocks on GEM, and will increase the polarization between leading companies with outstanding performance and poor performance stocks on GEM. On the other hand, the reform of GEM registration system will bring new increment to the investment banking business of brokers, and brokers registered or headquartered in Shenzhen will benefit more than other regions.
(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)
2.6 listed brokers announced their operating results in the month of 65438+February, and their net profit doubled from the previous month.
As of the evening of 65438+1October 8 19, six listed securities firms have disclosed their operating results for February 2019.
During the period of 65438+February last year, influenced by the overall recovery of the securities market, the performance of securities firms was greatly improved compared with that of 165438+ 10, which drew a perfect end to the performance of securities firms in 20 19. Choice data shows that during the period of 20 19 and 12, the revenue of these six brokers increased by more than 80%, and the net profit increased by more than 100%.
With the release of the performance of these brokers in June 5438+February, their 20 19 annual performance has also taken shape. From the performance point of view, the performance of these brokers in 20 19 can be described as proud, which is significantly improved compared with 20 18.
Comments: The launch of the Science and Technology Innovation Board and the obvious activity of A-share trading in 20 19 compared with that in 20 18 made the income of investment banking, proprietary trading and brokerage business of securities firms generally increase significantly compared with that in 20 18. However, with the stock price rising since 20 19, the marginal effect of positive stimulus brought by performance improvement on stock price gradually weakened.
(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)
Market review
1, Market Comment: The external stimulus market opens lower and moves lower, and the short-term adjustment will not change the rebound trend.
According to American media reports earlier, several missiles were launched from Iran earlier on the 8th local time, which attacked the American military base in Iraq. According to the Iranian farce news agency, Iranian intelligence personnel said that so far, at least 80 American soldiers were killed and 200 were injured. Shortly thereafter, Trump updated Twitter that he would make a statement. Affected by this incident, global stock markets fluctuated sharply, and gold and crude oil rose sharply. In terms of A-shares, after the collective stock index opened slightly lower, the automobile, organic light-emitting diode concept, military industry and other sectors performed strongly in early trading, and the market trend stabilized. The Shenzhen Component Index and the Small and Medium Board Index also turned red. However, the situation changed suddenly in the afternoon, and the market continued to weaken and fluctuate downward with the securities, Internet, media and entertainment sectors. At the close, the stock index plummeted across the board, with the Shanghai Composite Index down 1.22%, the Shenzhen Composite Index down 1. 13%, the Shanghai and Shenzhen 300 Index down 1. 15%, and the small and medium-sized board index down 65438. The transaction volume of the two cities increased slightly, with a total turnover of 779.3 billion, and individual stocks rose less than 20%. There are 68 daily limit stocks, including 13 ST stocks; There are four stocks falling below the limit.
From the perspective of the disk, only a few sectors in the industry, such as ships, petroleum, aviation and automobiles, closed up, and the ship sector rose rapidly at the end of the session, skyrocketing by 5.65%; Securities, diversified finance, Internet and other sectors were among the top losers. In terms of subject matter, affected by the conflict between the United States and Iraq, the concepts of gold, military industry and Tesla strengthened, and the gold concept index broke through the previous high point and rose by 2.78%. The military industry and Tesla concept stocks set off a daily limit.
On the whole, the recent fiery A-shares have been poured cold water by the continuous escalation of the conflict between the United States and Iraq, but the overall upward trend has not changed, and the RMB exchange rate has also risen steadily. Operationally, holding shares is dominant, and the short-term political situation in the United States and Iraq will not affect the market rebound trend. The sharp decline in intraday trading can lay out blue-chip stocks such as finance, real estate, new energy vehicles, wind power and technological growth.
(The investment consultant has registered the investment consultant certificate number: S02606 130900 15)
2. Pork: It is expected that the supply and demand of pork will be generally stable during the Spring Festival.
Vice Minister of Agriculture and Rural Affairs said at the press conference on the 8th that from the production and supply situation, pig production continued to maintain a good momentum of recovery and development. Consumption monitoring data shows that the retail transaction volume of pork in the bazaars increased by 1 1.7% in February. The growth rate of supply is higher than that of consumer demand, and the contradiction between supply and demand of pork has eased. In addition, the weight of fat pigs released in June 5438+February increased significantly, indicating that there are more stressed pigs at present, and these big pigs will gradually be released before the Spring Festival. In addition, commercial reserves, government reserves and increased pork imports will also be put in one after another. It is expected that pork supply and demand will be generally stable during the Spring Festival.
Investment Comments: Affected by African swine fever, pig prices began to rise sharply in August 19, and gradually stabilized until February 19, with a year-on-year increase of over 40%. Because of the early release of big pigs, the increase in imports, the central reserve and other factors, the supply and demand of pork were generally stable before the Spring Festival, and it is expected that pork prices will not fluctuate greatly. However, after the Spring Festival, the supply of pork will decrease, the supply may be tense again, and the price may be stimulated to rise again. At the same time, pork-related concept stocks will release their performance substantially from the fourth quarter, and investors can pay attention to head-related pork enterprises at every opportunity of adjustment.
(The investment consultant has registered the investment consultant certificate number: S02606 130900 15)