Main recommendations
Liu He: Give play to the pivotal role of capital market in promoting high-level circulation of science and technology, capital and real economy.
Lenovo: In the third week of June 165438+ 10, the average daily retail volume of passenger cars increased by 7% year-on-year.
Market review
Market comment: There is a difference between short-term and long-term. In operation, we advocate flexible control of positions and strengthen band participation.
Macro: China's new energy automobile industry accelerates "curve catching up"
Banks: the upward logic is strengthened, and the point-to-point repair, investment opportunities appear.
Futures information
Metal energy: gold 382.34, down1.78%; Copper 54550, up 0.61%; Rebar 3784, down 0.63%; Rubber 14825, up1.65%; The PVC index was 7245, down1.02%; Zheng Chun 230 1, up 0.97%; Shanghai Aluminum 15830, up1.57%; Shanghai nickel 1 19700, up 0.10%; Iron ore was 854.0, up 0.71%; Coke 2367.0, up 0.08%; Coking coal 14 16.0, up by 2.72%; Crude oil was 299.0, up 6.71%; Brent oil 48.7 1, up1.86%;
Agricultural products: soybean oil 7570, up 0.64%; Corn 262 1, down 0.42%; Palm oil 6580, up 0.70%; Zheng Mian 14475, down 0.45%; Zheng Mai 2626, down 0.87%; Sugar 5 17 1, up 0.33%; Apple 7094, down1.43%; Jujube 9930, up 0.35%;
Exchange rate: Euro/USD 1. 19, up by 0.26%; USD/RMB 6.58, down 0.23%; USD/HK$ 7.75, down 0.0 1%.
Second, the key recommendation
1, Liu He: Give play to the pivotal role of the capital market in promoting the high-level circulation of science and technology, capital and real economy.
Event: Liu He wrote in People's Daily that finance is the blood of the real economy. Adhere to the direction of serving the real economy, make structural adjustments to the financial system, vigorously increase the proportion of direct financing, reform and optimize policy finance, improve the policy of financial support for innovation, give play to the pivotal role of the capital market in promoting the high-level circulation of science and technology, capital and the real economy, and improve the level of financial science and technology. Circulation is an important basis for smooth economic circulation. It is necessary to build a modern logistics system and improve comprehensive transportation corridor, the comprehensive transportation hub and the logistics network.
Comments: With the implementation of the registration system of science and technology innovation board and Growth Enterprise Market, the financing channels of listed companies with good development prospects have been opened, which reflects the pivotal role of the capital market in promoting the high-level circulation of science and technology, capital and real economy. The perfection of the system and the promotion of the importance of the capital market have far-reaching significance for the long-term healthy development of the capital market.
(investment consultant Zhong Yanling registered investment consultant certificate number: S02606 13020024)
2. Lenovo: In the third week of June 165438+ 10, the average daily retail volume of passenger cars increased by 7% year-on-year.
Event: According to the data of the Federation, the average daily retail volume of passenger cars in the third week of June165438+1October was 53,000, up 7% year-on-year, slightly lower than that in the same period of June 18. Compared with the third week of June, it decreased by 1%.
Comments: From the data point of view, domestic automobile production and sales continue to maintain a recovery trend. From the perspective of economic fundamentals, this round of car boom is expected to continue. At present, the valuation of auto parts is low, the overall increase is small, and it has a good cost performance.
(investment consultant Zhong Yanling registered investment consultant certificate number: S02606 13020024)
Third, the market review
Market comment: There is a difference between short-term and long-term. In operation, we advocate flexible control of positions and strengthen band participation.
On Wednesday, A shares rallied, while the Shanghai Composite Index rose 3,400 points but fell. At the close, the Shanghai Composite Index fell 1. 19% to close at 3,362.33 points; The Shenzhen Component Index fell 1.77% to close at 13656.09; The GEM index fell 2.22% to close at 26 15.53. The total turnover of the two cities was 863.4 billion yuan. On the surface, insurance, communications, oil and automobiles were among the top gainers, while wine making, aerospace, gold and medical care were backward. There has been a great differentiation in plate speculation, and there has been no major substantive change in the news. It is expected that the market will still be dominated by repeated shocks in the short term. Considering the current RMB appreciation and external risks, A shares are in a friendly trading window, and it is expected that short-term shocks will not change the medium-term trend. In operation, we advocate flexible control of positions and strengthen band participation, and suggest paying attention to bargain hunting: insurance, brokerage, communication equipment, chemical industry, military industry 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: China's new energy automobile industry accelerates "curve catching up"
Event: With the rise of a new round of scientific and technological revolution and industrial revolution, the automobile industry has changed from a traditional industry to a high-tech industry equipped with high technology. Seeing this blue ocean market, a number of domestic high-tech Internet companies are committed to the highly integrated development of new energy vehicles and intelligent networked vehicles.
Comments: With the continuous progress of technology and the continuous enrichment of products, the "head enterprises" in the industry are about to pass the stage of "burning money" by financing and "continuing their lives" by subsidies. Profitability is only a matter of time, and we are full of confidence in the future of the industry. The market prospect is optimistic. It is suggested to actively pay attention to the opportunities of relevant investors.
(Investment Consultant Gu registered investment consultant certificate number: S026066 1 1020066)
Banks: the upward logic is strengthened, and the point-to-point repair, investment opportunities appear.
The upward logic is strengthened, and profits and valuations are opened. At present, the expectation of the overall recovery of the banking industry is gradually taking shape, and the upward logic of the industry is expected to be strengthened at 202 1. Specifically, the macro-upward logic mainly includes: the sustainability of macro-repair is good, the certainty of monetary policy normalization is high, the negative impact of profit-seeking is gradually cleared, and the expectation of industry supervision and reform may lead to optimistic expectations for related concept sectors.
(Investment Consultant Gu registered investment consultant certificate number: S026066 1 1020066)