Main recommendations
Guo Shuqing: Promote the proportion of pension funds in the capital market to reach the world average.
Ma Chunsheng, Ministry of Industry and Information Technology: New energy vehicles have no substitute advantages, so we should practice hard and increase the promotion.
Market review
Market Comments: The market is dominated by shocks, so it is recommended to pay attention to investment opportunities with profit recovery as the main line.
Macro perspective: Ministry of Industry and Information Technology: Focus on stabilizing traditional mass consumption such as automobiles, and carry out activities of new energy vehicles going to the countryside.
New energy industry: At present, the stimulus policies for consumption of new energy vehicles have been introduced one after another, and the industry valuation needs to be improved.
Futures information
Metal energy: gold 42 1. 12, up 0.66%; Copper 50 100, down 0.73%; Rebar 3745, up 0.27%; Rubber 12 180, up1.12%; The PVC index was 6495, up by 0.39%; Zheng Chun 1845, up by 0.44%; Shanghai Aluminum 14230, up 0.11%; Shanghai nickel11410, up1.28%; Iron ore 862.0, up1.65%; Coke 1983.0, up 0.18%; Coking coal 1 198.0, down 0.08%; Brent oil was 46.25, up 0.04%;
Agricultural products: soybean oil 6350, up 0.28%; Corn 2302, up 3.0%; Palm oil 5674, up 0.11%; Zheng Mian 12680, up by 0.24%; Zhengmai 2597, down 0.61%; White sugar 5099, up 0.83%; Apple 7 154, down 2.29%; Jujube 9540, down 0.78%;
Exchange rate: Euro/USD 1. 18, up by 0.23%; USD/RMB 6.95, up 0.09%; USD/HK$ 7.75, up 0.0 1%.
Second, the key recommendation
1, Guo Shuqing: Promote the proportion of pension funds in the capital market to reach the world average.
Event: Guo Shuqing, Chairman of the China Banking Regulatory Commission, pointed out in Qiushi that the structural reform of the financial supply side should be accelerated. We will constantly improve the basic system of the capital market and guide financial management, trust and insurance to increase long-term stable funds for the capital market. Accelerate the construction of the second and third pillars of pension insurance, and promote the proportion of pension funds in the capital market to reach the world average.
Comments: Institutional investors such as pension funds and social security funds occupy an important position in the developed capital markets in Europe and America, but their share in China is at a low level at present, and there is much room for improvement in the future. With the continuous improvement of China's capital market system, more and more institutional investors will enter the stock market in the future, thus bringing new long-term funds to the market, which is of great significance to improving the investor structure and promoting the long-term stable development of the capital market.
(investment consultant Zhong Yanling registered investment consultant certificate number: S02606 13020024)
2. Ma Chunsheng, Ministry of Industry and Information Technology: There is no substitute advantage for new energy vehicles, so it is necessary to practice hard and increase the promotion.
Event: On August 15, at the sub-forum on "Promoting the Marketization of New Energy Vehicles" held during the China 2020 Automobile Forum, Ma Chunsheng, deputy director of the Automobile Development Department of the First Equipment Industry Department of the Ministry of Industry and Information Technology, said that the current industrial development is facing difficulties, and new energy vehicles have not yet formed an alternative advantage to traditional vehicles in the market competition, so it is necessary to calm down and practice their internal strength. In the future, we should unswervingly promote the development of new energy automobile industry, foster strengths and avoid weaknesses, and increase promotion efforts.
Comments: New energy vehicles are China's key strategic industries. In the short term, the development speed of industries affected by the epidemic has slowed down this year. However, with the continuous policy subsidies and technological progress, it is a general trend for new energy vehicles to replace fuel vehicles, and the future development scene is still broad.
(investment consultant Zhong Yanling registered investment consultant certificate number: S02606 13020024)
Third, the market review
Market Comments: The market is dominated by shocks, so it is recommended to pay attention to investment opportunities with profit recovery as the main line.
Last Friday, the Shanghai and Shenzhen stock indexes stabilized and rebounded slightly, with a turnover of 849.8 billion. On the disk, insurance, liquor, aerospace, digital currency and other sectors rose, while agriculture, animal husbandry, feeding and fishing, online travel, land circulation and Hainan were among the top losers. There were 66 daily limit and 33 daily limit in the two cities, and the net inflow of funds from the north was 6.4 billion. The industry sector showed more ups and downs. The analysis of short-term market interference factors includes the implementation of GEM registration system, the issuance of a large number of new shares, the exchange of funds and the ups and downs of Sino-US relations. However, the driving foundation of A-share valuation is relatively solid, and it is expected that the market will remain volatile. In operation, it is suggested to flexibly control positions and rhythms, pay attention to investment opportunities with profit recovery as the main line, and give priority to brokerage, new energy vehicles, home appliances, building materials, semiconductors and other fields. 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 perspective: Ministry of Industry and Information Technology: Focus on stabilizing traditional mass consumption such as automobiles, and carry out activities of new energy vehicles going to the countryside.
Event: Xin, vice minister of the Ministry of Industry and Information Technology, said in an interview with People's Daily that efforts will be made to expand effective demand in the second half of the year. Strive to stabilize traditional mass consumption such as automobiles. On the basis of extending the subsidy policy for the purchase of new energy vehicles, we will speed up the upgrading of new energy vehicles in urban public transport and logistics, and carry out activities of new energy vehicles going to the countryside.
Comments: It is mentioned in the news that efforts will be made to expand effective demand and stabilize traditional mass consumption such as automobiles. On the basis of extending the subsidy policy for the purchase of new energy vehicles, we will speed up the upgrading of new energy vehicles in urban public transport and logistics, and carry out activities of new energy vehicles going to the countryside. As can be seen from the news, the management's support for new energy vehicles is still increasing significantly, which is expected to bring sustained benefits to the industry. It is recommended to actively pay attention to related leading stocks.
(Investment Consultant Gu registered investment consultant certificate number: S026066 1 1020066)
New energy industry: At present, the stimulus policies for consumption of new energy vehicles have been introduced one after another, and the industry valuation needs to be improved.
At present, various places have introduced new energy vehicle consumption stimulus policies, and the domestic automobile market has returned to normal. With the gradual release of subsequent consumer demand and the improvement of channel operation efficiency, the prosperity of new energy vehicles is expected to continue to rise, and supply chain related companies are expected to benefit. It is recommended to pay attention to related leading stocks.
(Investment Consultant Gu registered investment consultant certificate number: S026066 1 1020066)