"Be sure to invest within your own understanding."
1, the leaders of the State Council made important instructions to the national teleconference on production safety, emphasizing the need to compact the responsibilities and measures of production safety layer by layer, and resolutely prevent and contain serious accidents. Solidly carry out the rectification of safety hazards such as operating self-built houses and town gas, and further strengthen the special treatment of key industries such as transportation, mines, construction, hazardous chemicals, water ships and fire protection.
2. The CBRC issued the Notice on Further Promoting the High-quality Development of the Financial Services Manufacturing Industry, requiring that all policies of financial support for the development of the manufacturing industry be put in place to promote the rapid growth of medium and long-term loans in the manufacturing industry. The circular stressed that banking institutions should focus on key areas such as advanced manufacturing, strategic emerging industries and transformation and upgrading of traditional industries, increase financial support and innovate financial products and services. Actively help enterprises with good credit in the early stage and temporarily in trouble due to the epidemic, and avoid blindly lending, breaking loans and pressing loans.
3. The Ministry of Education and other three departments deployed the "Thousands of Schools and Enterprises" collaborative innovation partnership action, and strived to focus on the major national strategic needs and industrial development issues in five years, and newly set up about 30 key core technology integration research platforms and 100 engineering research centers of the Ministry of Education, thus promoting the construction of a number of school-enterprise innovation consortia and breaking through a large number of key core technologies and technologies that restrict the high-quality development of industries.
The preparations for the 5th China International Import Expo (CIIE) are progressing steadily as planned. The contracted area of the enterprise exhibition exceeds 80%, and more than 260 Fortune 500 enterprises and leading enterprises in the industry have signed contracts. Crop seed industry, artificial intelligence and other special zones were newly established, and the innovation incubation zone continued to expand.
5. The dealers' association shall establish an information file on the trading behavior of the inter-bank bond market, and collect relevant information on the trading and settlement behavior of market participants. The relevant information collected will be displayed in layers and categories according to the follow-up treatment and whether the two parties reach an agreement through consultation. At the same time, the Association of Dealers issued the "Guidelines for the Implementation of Information Files on Trading Behavior in the Inter-bank Bond Market (Trial)", with a transition period of 6 months.
6. According to the report of the United Nations World Population Outlook 2022, it is predicted that the world population will exceed 8 billion in June this year 165438+ 10/5, and will increase to about 8.5 billion and 9.7 billion respectively in 2030 and 2050, and reach about1in the 1980s. In the next few decades, more than half of the global population growth will be concentrated in eight countries: Congo (DRC), Egypt, Ethiopia, India, Nigeria, Pakistan, Philippines and Tanzania.
The three major indexes continued to pull back, and the pharmaceutical and semiconductor sectors were weak. At the close, the Shanghai Composite Index reported 328 1.47 points, down 0.97%, with a turnover of 4 1 1 billion yuan; The Shenzhen Component Index reported 12439.27 points, down 1.4 1%, with a turnover of 565.8 billion yuan; The index hit 2702.69 points, down 2.34%, with a turnover of 65.438+0734 billion yuan.
From the disk, highways, vanadium batteries and water conservancy sectors were among the top gainers, while CRO concept, automobile chips and semiconductor sectors were among the top losers.
In July 12, the three major indexes of A shares continued to pull back. The Shanghai Composite Index fell below the 3300 mark again, and the GEM index fell more than 2%. In terms of sectors, stimulated by favorable policies, the large infrastructure sector rose sharply against the market, led by roads and water conservancy sectors, vanadium batteries, steel and power stocks were active, and the big financial and real estate sectors rose intraday; Yesterday, the active pharmaceutical sector was greatly adjusted, and tracking stocks such as automobiles, semiconductors and lithium batteries continued to slump. On the whole, market sentiment tends to be cautious, with individual stocks falling more and rising less. Today's turnover fell below the trillion mark.
Investment strategy: financial report and price-the core factors of A-share operation in July. In the second quarter, the domestic economy was disturbed by the epidemic, and the profits of A-share enterprises as a whole will drop sharply, and the performance of interim reports in many industries will be under pressure. Although the market has expectations for the downward trend of A-share earnings, it has rebounded to the present stage and the market risk premium has dropped a lot. The overall valuation of A-shares has returned to the middle of the past decade, and the valuation of some industries is at a historical high. In the follow-up, it is still necessary to consider the risk that some enterprises' profits will fall beyond expectations. Follow-up focuses on the development of Shanghai epidemic situation, the trend of pig price and the disclosure of enterprise interim report. Under the premise that the epidemic situation is effectively controlled and the large-scale recurrence similar to that in March-May this year will not happen again, we believe that the A-share operation has a bottom.
# Comment: The three major indexes continue to pull back the weakness of the pharmaceutical and semiconductor sectors #
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