National Standing Committee: Allow local government special bonds to reasonably support small and medium-sized banks to replenish capital.
Shanghai: The new infrastructure of charging piles for new energy vehicles will be further accelerated.
Market review
Market comment: In the compensatory stage of the Shanghai Composite Index, it is forbidden to blindly chase after the rise.
Duty-free industry: Hainan's policy details have been implemented to help the cake in the duty-free market continue to grow.
New stock tips
1、? Junshi Bio, the subscription code is 787 180, and the subscription price is 55.5 yuan;
2、? Xinqianglian, purchase code 300850, purchase price 19.66 yuan;
Futures information
Metal energy: gold 399.38, down 0.67%; Copper 49 180, up 0.16%; Rebar 3565, up 0.11%; Rubber 10250, up by 0.39%; The PVC index was 6 155, down 0.16%; Zheng Chun 1759, up by 0.57%; Shanghai Aluminum 13975, up by 0.29%; Shanghai Nickel 102580, up by 0.55%; Iron ore 739, down 0.34%; Coke 1868.5, down 0.37%; Coking coal 1 172.5, down 0.30%; Crude oil 29 1.8, up 0.14%;
Agricultural products: soybean oil 5694, up1.03%; Corn 208 1, down 0.67%; Palm oil 4932, up 0.12%; Cotton 1 1890, up1.19%; Zhengmai 25 17, down 0.20%; Sugar 503 1, up 0.36%; Apple 7975, down 0.24%;
Exchange rate: EUR/USD 1. 125 1, up by 0.16%; USD/RMB 7.0672, down 0.05%; USD/HK$ 7.7507, down 0.00%.
(The above futures data are from Shanghai Futures Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange)
Main recommendations
1, the State Council executive meeting: local government special bonds are allowed to reasonably support small and medium-sized banks to replenish capital.
Li Keqiang, Premier of the State Council of the People's Republic of China, People's Republic of China (PRC), presided over the the State Council executive meeting on July 1, and decided to focus on enhancing the financial service capabilities of small and medium-sized enterprises, allowing local government special bonds to reasonably support small and medium-sized banks to replenish capital; Protect the legitimate rights and interests of small and medium-sized enterprises through the Regulations on Guaranteed Payment for Small and Medium-sized Enterprises (Draft); Deploy and further promote the national high-tech industrial development zone to deepen reform and opening up and promote high-quality development.
The meeting pointed out that in accordance with the deployment of the CPC Central Committee and the State Council, to do a good job of "six guarantees", especially to ensure the survival and development of small and medium-sized enterprises and private enterprises, we must increase financial support and give play to the indispensable role of small and medium-sized banks. The meeting decided to arrange a certain amount in the new special debt limit for local governments this year, allowing local governments to explore new ways to reasonably replenish the capital of small and medium-sized banks by subscribing for convertible bonds in accordance with the law. First, give priority to supporting small and medium-sized banks with sustainable market-oriented operation ability to replenish capital and enhance their ability to serve small and medium-sized enterprises and support employment. Second, support supplementary capital to promote the reform and transformation mechanism, and improve the governance and internal control mechanism of small and medium-sized banks as an important condition to support supplementary capital. The third is to tighten the territorial responsibility of local governments, the main responsibility of banks and shareholders, and the supervision responsibility of financial management departments. On the premise of comprehensive assets verification, risk investigation, and serious accountability according to law and regulations, we will steadily promote supplementary capital, and local governments should fully tap the potential of other resources to give support. The fourth is to strengthen the whole process supervision and audit supervision. Reasonably replenish the capital of special bonds, establish a market-oriented timely withdrawal mechanism when it expires, and strictly guard against moral hazard.
Comments: Allowing local government special bonds to reasonably support small and medium-sized banks to replenish capital is beneficial to small and medium-sized banks such as city commercial banks. It is expected that small and medium-sized bank stocks represented by city commercial banks in the A-share market will have active performance opportunities in the short term, but it is necessary to be cautious in chasing up.
(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)
2. Shanghai: The new infrastructure of new energy vehicle charging piles will be further accelerated.
Wu Jincheng, director of the Shanghai Economic and Information Committee, said that Shanghai will further accelerate the construction of new infrastructure for charging piles for new energy vehicles, adding 654.38+10,000 public and private charging piles and 200,000 in the next three years, making the charging pile network more dense. At the same time, it will also promote the rapid update iteration of shared charging technology, so that more new energy vehicles can realize fast charging, and vehicles with low time requirements can adopt slow charging, thus realizing rational and optimal allocation of resources.
Comments: Shanghai will further accelerate the new infrastructure construction of charging piles for new energy vehicles, which will be beneficial to listed companies specializing in charging piles. It is expected that relevant stocks will have active performance opportunities in the short term, but it is expected that the concept sector will be active in the short term, and it is not recommended to chase up.
(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)
Market review
1, Market Comment: During the compensatory growth stage of the Shanghai Composite Index, it is forbidden to blindly chase after it.
On Wednesday, the market indices of the two cities diverged. The GEM index, which had led the increase before, fluctuated and adjusted, while the Shanghai Composite Index and Shenzhen Composite Index fluctuated and rose, with a total turnover of 907.3 billion yuan. Specifically, the Shanghai Composite Index closed up 1.38% at 3025.98 points; The Shenzhen Component Index rose 1.0 1% to close at 12 1 13.0; The GEM index fell 0.76% to close at 24 19.63.
On the surface, the collective rise of heavyweights such as real estate stocks and liquor stocks is the main factor driving the rise of the main board index. From the trend point of view, the growth enterprise market, which led the growth before, has begun to adjust. Although the Shanghai composite index stood at 3000 points, it is very likely to make up for the increase. It is expected that the market outlook will mainly fluctuate around 3000 points.
In operation, it is not recommended to blindly chase after popular varieties. It is suggested to pay attention to the expected stocks in the interim report, as well as the investment opportunities of high-quality varieties in the food and beverage, consumer electronics and photovoltaic sectors.
(investment consultant? Yang Dong? Certificate number of registered investment consultant. :S02606 15080007)
2. Duty-free industry: Hainan's policy details have been implemented to help the cake in the duty-free market continue to grow.
Industry trends: The Ministry of Finance, the General Administration of Customs and State Taxation Administration of The People's Republic of China issued the Announcement on Duty-free Shopping Policy for Hainan Island Passengers, which took effect on July 1.
Comments: At present, more than 600 billion RMB of luxury goods consumption flows into China every year, while the scale of duty-free business in China is about 40 billion RMB. In contrast, China's tax-free business has a huge room for improvement; China's tax exemption is managed by the exclusive license of state-owned enterprises, and the probability of releasing the tax exemption license is low; Hainan's tax exemption policy for outlying islands continued to be implemented. With the recovery of tourism in Hainan's outlying islands and the development of online business, tax exemption for outlying islands is expected to form a sustained and good trend.
(Investment consultant Yang Dong? Certificate number of registered investment consultant. :S02606 15080007)