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I. Selected Financial News

The Taiwan Province Affairs Office of the State Council has issued a number of measures to support the high-quality development and construction of Zhejiang * * * prosperity demonstration zone.

The Taiwan Province Affairs Office of the State Council recently issued "Several Measures of the Taiwan Province Affairs Office of the State Council on Supporting Zhejiang's High-quality Development and Construction of a Prosperous Demonstration Zone" to further support Zhejiang's work with Taiwan and serve the construction of a prosperous demonstration zone. The "Several Measures" includes four specific measures 12, and it is clear that the Taiwan Affairs Office will support Zhejiang to build a new platform for cross-strait industrial cooperation and exchanges with Taiwan, deepen exchanges in various fields between Zhejiang and Taiwan, and promote Taiwan Province compatriots and Taiwan Province enterprises to participate in the high-quality development of Zhejiang and the construction of a demonstration zone for Taiwan's prosperity. At the same time, the Taiwan Affairs Office of the State Council will support Zhejiang to strengthen job security, carry out the rule of law work related to Taiwan, and carry out digital reform of Taiwan work.

Source: Xinhua News Agency

14 Notice of Ministry on Launching the Pilot Project of Domestic and Foreign Trade Integration

In order to implement the Opinions of the General Office of the State Council on Promoting the Integration of Domestic and Foreign Trade (Guo Ban Fa [2021] No.59), the Ministry of Commerce and other departments issued a notice on the pilot project of domestic and foreign trade integration. The circular requires that, within three years, we should actively innovate and try first in improving the laws and regulations system of domestic and foreign trade integration, promoting domestic and foreign trade laws and regulations, supervision system, business qualifications, quality standards, inspection and quarantine, certification and recognition, and cultivate a number of domestic and foreign trade integrated management enterprises, build a number of domestic and foreign trade integrated development platforms, form a number of internationally competitive and integrated industrial clusters, establish and improve institutional mechanisms to promote the integrated development of domestic and foreign trade, and form replicable experiences and practices.

Source: Ministry of Commerce website

The two ministries plan to revise the catalogue of industries that encourage foreign investment and encourage foreign investment in manufacturing and producer services.

According to the website of the National Development and Reform Commission 10, the National Development and Reform Commission and the Ministry of Commerce publicly solicited opinions on the Catalogue of Industries Encouraging Foreign Investment (2022 Edition) (draft for comments). Major amendments: First, continue to encourage foreign investment in manufacturing. Items such as spare parts, spare parts and equipment manufacturing have been added or expanded in the national catalogue. Second, continue to encourage foreign investment in producer services. Projects such as professional design, technical service and development have been added or expanded in the national catalogue. Third, continue to encourage foreign investment in the central, western and northeastern regions. According to the advantages of local labor force, characteristic resources and the need of attracting investment, the Catalogue of Central and Western Regions has added or expanded relevant items.

Source: Interface News

Wang Jianjun, vice chairman of China Securities Regulatory Commission, stated that the short-term fluctuation of A shares will not change the long-term trend of China's capital market.

In May, affected by the internal and external environment, the A-share market was still at the bottom. Recently, Cailian reporters reported many times that although the current mood and market fluctuations are large, institutions generally believe that "loyal wives" are waiting for the opportunity to rise. Just recently, Wang Jianjun, vice chairman of the China Securities Regulatory Commission, once again affirmed the main tone when interviewed by CCTV news authorities-short-term market fluctuations will not change the long-term positive trend of China's capital market.

Source: Cailian Association

The tenth five-year plan for bio-economic development was issued.

On May 9th, the National Development and Reform Commission released the Tenth Five-Year Plan for Bio-economic Development today (May 10), which is the first five-year plan for bio-economic development in China and defines the specific tasks for bio-economic development.

Source: CCTV (news broadcast)

(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)

Second, the focus of market hotspots

Market comment: the index opened lower and went higher, and the theme stocks were in high spirits.

On Tuesday, the market index of the two cities opened lower and went higher, and the total market turnover was enlarged compared with the previous trading day. Specifically, the Shanghai Composite Index rose 1.06% to close at 3035.84 points. The Shenzhen Component Index rose 1.37% to close at 109 12.74. Growth enterprise market rose 2. 17% to close at 2276.35 points.

On the surface, infrastructure stocks, wind power concept stocks and photovoltaic equipment concept stocks performed strongly, with the highest gains, while the coal sector performed relatively weakly. From the trend, the three major indexes opened lower and went higher. Compared with the external trend, the recent A-share market is independent and resilient, and the market has a high probability of maintaining the rhythm of box shocks.

Operationally, the theme stocks are still relatively strong at present, and it is expected to be active repeatedly around the concept of platform economy, the concept of epidemic situation and the direction of infrastructure in the short term. In the medium term, it is recommended to pay attention to high-quality leading enterprises such as lithium batteries, chips, photovoltaics, wind power equipment, brokers, banks, and stocks with good performance.

(investment consultant? Yu dechao? Certificate number of registered investment consultant: S02606 1308002 1)

Macro view: Lenovo: The retail sales of passenger car market decreased by 35.5% in April.

Lenovo: In April 2022, the retail sales of passenger car market was 65,438+0,042,000, down 35.5% year-on-year and 34.0% quarter-on-quarter. The year-on-year and quarter-on-quarter growth rates of retail sales in April were the lowest in the history of the month.

Source: Tourist Association.

Comments: Affected by the multi-point spread of the epidemic, the automobile production and sales data dropped sharply in April. It is expected that with the gradual improvement of the epidemic situation in Shanghai, the delayed consumption demand from March to April should be released to a certain extent. Although the automobile production and sales data in May is still declining year-on-year, it is expected that the chain will increase. It is expected that the stocks in the automobile industry chain (mainly new energy vehicles) will get a rebound opportunity after undergoing a large adjustment in the previous period.

(investment consultant? Jin Cai? Certificate number of registered investment consultant: S02606 1 1090020)

Securities industry: differentiation intensifies, leading value appears

2 1, the total net profit of listed brokers increased by 30%, which has been growing steadily for three consecutive years. Since 19, the overall leverage ratio of brokers has increased to nearly four times, and the profitability has continued to increase by 9.5%. The wealth management industry chain related businesses (financial products business and fund management business) performed well. The securities industry of 22Q 1 suffered a "cold spring". Due to self-operated business, the performance of listed brokers declined by 46%, the performance differentiation of brokers intensified, and the head brokers were more resilient. On the expenditure side, the debt cost of securities firms and the pressure of impairment reserve have weakened, and the debt financing cost of securities firms is expected to further decrease with the bond replacement in the low interest rate market environment.

Source: TF Securities research report.

Comments: At present, the valuation of the brokerage sector is at the bottom of history, and the brokerage sector has a valuation repair market. It is recommended to pay attention to the core leading enterprises in the sector.

(investment consultant Yu Dechao registered investment consultant certificate number: S02606 1308002 1)

Third, the new share subscription tips

The subscription code of Sitway is 7872 13, and the subscription price is 3 1.438+0 yuan.

The purchase code of Xinhuike is 889899, and the purchase price is 15.438+0 yuan.

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Four. Key stock recommendation

View the full version of Morning View (customized path by month: discovery-information-paid information-Morning View; Single customized path: discovery-gold medal appraisal-early viewing)