List of RMB depreciation beneficiary stocks
Textile and garment industry: Xia Jun of Jinyuan Securities said that the depreciation of RMB will stimulate the performance growth of textile and garment industry. Related concept stocks include Qinuoer (002485), Seven Wolves (002029), Hi Bird (002 154), Smith Barney (002269), Luolai Home Textiles (002293), Fuanna (002327) and Lutai A(000726).
Steel industry: Zeng Jiesheng, an analyst at the "My Steel" research center, said that the depreciation of the RMB has an indirect promotion effect on other industries such as machinery and household appliances in the downstream industries of steel. If the export of products in these industries rises, it may drive the domestic steel market to improve. Related concept stocks include Sangang Min Guang (002 1 10), Benxi Steel (00076 1), Guangzhou Steel (600894), Xining Special Steel (60010/7) and Bayi Iron and Steel. Daye Special Steel (000708), Fushun Special Steel (600399), Liugang (60 1003), Ling Gang (60023 1), etc.
Shipping industry: Some insiders said that the depreciation of RMB will stimulate the export of domestic textile industry, bring some benefits to container shipping, and even stimulate the demand for raw materials, driving the dry bulk transportation market. Related concept stocks include SST Tianhai (60075 1), CSCL, Changhang Phoenix (000520), China Ocean Shipping (60 19 19), Changhang Oil Transportation (600087) and Ningbo Shipping (600798).
Chemical industry: Analysts believe that RMB depreciation will increase the procurement cost of imported enterprises, but it is good for export-oriented chemical enterprises. Related concept stocks include Guofeng Plastic Industry (000859), chlor-alkali chemical industry, Wan Wei Gaoxin (600063), Shandong Haihua (000822), Huaxi Village, Juhua, Yinglite (000635), Aoke (300082), xindu chemical (002539) and Sanyou Chemical Industry (6009).
Automobile industry: It is expected that the depreciation of RMB will reduce the attractiveness of imported automobile prices or inhibit the further expansion of imported automobile sales. Related concept stocks include Zhejiang Furun (600070), Jiangsu Sanyou (002044) and Lutai A(000726).
RMB appreciation concept stocks (related stocks)
Yueyang forestry paper: RMB appreciation will effectively reduce operating costs. Yueyang forestry paper is mainly engaged in the manufacture and sales of cultural printing paper, and actively engaged in the construction of fast-growing and high-yield forests. The leading products are high-grade newsprint, pigment finishing offset paper, lightweight coated paper and so on. The company has four papermaking production lines and four pulping production lines, with an annual output of 400,000 tons of machine-made paper and nearly 450,000 tons of machine-made pulp.
Huatai shares: The newsprint business of Huatai shares is basically stable. More than 90% of the company's raw materials are American waste paper and imported pulp, and it needs more than10 million tons every year. Wood pulp for coated paper is also partially imported. The appreciation of RMB has a positive impact on the company and increased the flexibility of performance.
Chenming Paper: RMB appreciation will effectively reduce operating costs. Chenming Paper is a large enterprise group integrating pulping and papermaking, energy production and paper machine manufacturing. It is the only A-share, B-share and convertible bond listed company in China paper industry. The company has 13 subsidiaries all over the country, and its economic benefits have been ranked first in the same industry in Shandong Province for 17 years, and ranked first in the same industry in China for10/year.
Air China: With the appreciation of RMB, the income level of Air China has improved. This company is the largest airline in China, occupying a monopoly position on international routes. As the only airline flying the national flag in China, Air China has undertaken the visits of party and state leaders and some domestic special plane missions, as well as domestic special plane and charter flights of many foreign heads of state and government for decades.
China Eastern Airlines: China Eastern Airlines benefited from the substantial appreciation of RMB. It is one of the three state-owned backbone aviation enterprise groups in China, the core enterprise of China Eastern Airlines Group, and the first domestic airline listed in Hongkong, new york and Shanghai. With Shanghai as the center and relying on the Yangtze River Delta, the company has a huge aviation network that runs through the east and west of China and connects Asia, Europe, Australia and America.
China Southern Airlines: China Southern Airlines is a major air transport company under China Southern Airlines Group, benefiting from the substantial appreciation of RMB. There are 15 branches and 5 holding subsidiaries in China, and several overseas offices in Singapore, Tokyo, Seoul and Amsterdam. This airline has the largest number of transport planes, the most developed route network and the largest annual passenger traffic in China.
Fujian Nanzhi: RMB appreciation will effectively reduce operating costs. Fujian Nanzhi Company is a large-scale pulp and paper-making enterprise that produces newsprint with masson pine and waste paper as the main raw materials. It is one of the 520 key enterprises in China and a key backbone enterprise in Fujian Province. The company's leading product "Starlight" brand low-weight offset newsprint is supplied to more than 200 newspapers such as People's Daily, Jiefang Daily and Fujian Daily, and exported to more than 30 countries and regions such as the United States, Japan, Egypt, Malaysia, Australia, Hongkong and Taiwan Province Province.
Sun Paper: RMB appreciation will effectively reduce operating costs. Sun Paper is the largest production base of high-grade coated packaging paperboard in China. Its main products include high-grade coated packaging paperboard, high-grade industrial base paper and high-grade cultural office paper, with more than 50 varieties and specifications/kloc-0.
Qingshan Paper: RMB appreciation will effectively reduce operating costs. Qingshan Paper is a large state-owned listed enterprise integrating pulping and papermaking, power generation and heating, alkali recovery, medicine, photoelectricity and raw material forest base development. It is a national key manufacturer of bag paper, kraft liner board and high-strength corrugated paper, a 1 000 national key development enterprise, a leading enterprise in the industry cultivated in the "Twelfth Five-Year Plan" of Fujian Province, and the largest paper-making enterprise in Fujian Province.
Jingxing Paper: RMB appreciation will effectively reduce operating costs. Jing xing Paper is one of the largest enterprises specializing in the production of kraft liner in China. The company and its subsidiaries can produce A-and B-grade kraft liner paper and high-grade white kraft liner paper, and the ration is 120g/m2-360g/m2. It can produce high-strength corrugated base paper with a basis weight of110g/m2-180g/m2; At present, 24g/m2 oil seal paper has been successfully developed.
Hengfeng Paper: RMB appreciation will effectively reduce operating costs. Hengfeng Paper Co., Ltd. is the largest cigarette paper producer in China, and also the production base of cigarette accessories determined by China Tobacco Corporation. The company's products include various series of cigarette paper, filter stick forming paper, filter stick tipping base paper, aluminum foil lining paper, carbonless copy paper and so on. The main products are national franchise products, and the leading product "Swan" brand cigarette paper is sold to more than 30 cigarette factories and more than 70 cigarette raw materials factories nationwide. The company is the first high-tech enterprise in papermaking, and its technology research and development capability is in the forefront of the industry. The quality and performance indexes of the produced cigarette paper are in a leading position among similar products in China. The company's products are sold all over the country, and also exported to international markets such as Russia, Southeast Asia and North Korea.
Bohui Paper: RMB appreciation will effectively reduce operating costs. Bohui Paper Company belongs to the papermaking industry, and its main products are "Bohui" cigarette cards, coated white cardboard, writing paper, kraft liner and so on. It is a national high-tech enterprise recognized by the Ministry of Science and Technology. The main users of the company's products are large publishing houses, printing materials companies, printing and packaging companies, large cigarette factories and so on. The company has set up sales offices in 30 provinces, municipalities and autonomous regions, and its products are exported to Europe, America, the Middle East, Australia, Southeast Asia and other places.
Minfeng feature: RMB appreciation will effectively reduce operating costs. Minfeng specialty paper is the earliest cigarette paper manufacturer in China (1936), and it is also one of the largest manufacturers engaged in cigarette matching series in China. The company's leading products, cigarette paper, tracing paper and capacitor paper, have obtained the inspection-free product certificate from the General Administration of Quality Supervision, Inspection and Quarantine, and the market share of the three leading products remains the first in the country, among which tracing paper is exclusively produced in China and regularly produces and sells special products all the year round.