A can deny hero to rise.
Last week 3 evening, the US stock steeps fall even more 3 ％ , a of morrow Zhou Si the miracle is performed, open quotation is low after opening 1.66 ％ , go tall all the way final and strong break up red, after that Zhou Wu go up once more raise, a whether to go strong to cause attention at this point.
And on August 17, the Central Bank is given off " lower interest " big move, drive reduce cost of hypostatic economy financing, decision reform perfects interest rate of loan market quoted price (LPR) form a mechanism; On message face, it is good to also receive benefit.
Dealer of many large certificate shows, it is active at present opportunity of the layout that add a storehouse. Negotiable securities is believed in (harbor 06030) politic group shows, proposal storehouse taller investor moves a storehouse actively, add match board of science and technology piece; Storehouse small investor adds a storehouse actively, with finance and consumption the storehouse that it is a bottom configures breed.
The sea connects negotiable securities (harbor 06837) politic group shows, the market builds bottom process to still can have possibly repeatedly, metaphase of have sth in mind, had entered value overall arrangement period, super- mix science and technology + certificate business, core capital is basic configuration.
On the weekend message of 10 old finance and economics
1, the Central Bank is given off " lower interest " big move
On August 17, the Central Bank gives off big move, commercialize reform to deepen interest rate, raise interest rate to conduct efficiency, drive reduce cost of hypostatic economy financing, chinese people bank decides reform perfects interest rate of loan market quoted price (LPR) form a mechanism.
The Central Bank emphasizes, the main measure that reforms this is interest rate of quoted price of perfect loan market (LPR) form a mechanism, raise LPR commercialize degree, the guiding of play good LPR to loan interest rate action, stimulative loan interest rate " course of two course syncretic " , raise interest rate to conduct efficiency, drive reduce cost of hypostatic economy financing.
2, demonstrative area of go ahead of the rest of socialism of characteristic of China of construction of Shenzhen of support of the Central Committee of Communist Party of China, the State Council
Current, chinese characteristic socialism enters new era, supportive Shenzhen holds high demonstrative area of go ahead of the rest of socialism of characteristic of China of banner of new era reforming and opening, construction:
Be helpful for advancing reforming and opening on higher starting point, higher administrative levels, higher end, form deepen in the round reform, comprehensive enlarge open new structure; Be helpful for strategy of area of big bay of HongKong and Macow of better executive another name for Guangdong Province, rich " one nation " the enterprise develops new practice; Be helpful for taking the lead in exploring new way of powerful nation of modernization of overall construction socialism, to achieve the Chinese nation great revived Chinese dream is offerred strong prop up.
3, can infrequent qualitative Kang Mei builds card prison false
Because be suspected of 3 years carrying the kind such as bill of value added tax of imitated, falsification continuously,empty increases business income, through forging, the means empty such as big and fixed deposit receipt adds falsification monetary fund, not will contented accountant affirms and project of metric condition project brings into forms for reporting statistics, empty adds fixed assets to wait, the existence when industry of Kang Mei drug is publishing annual report is false account and great omit.
Card inspect can is to this definition " have plot beforehand, have an organization, long-term, system carries out the financial behavior that make a holiday, baleful deceit investor " , point out " the company wanton absurd such as industry of Kang Mei drug is, be without the heart of awe-stricken law, awe-stricken investor, lose sincere letter bottom line, red line of law of lay a finger on, shook to appear on the market basis of system of company information exposure " , expression severity unprecedented.
Card inspect can plan to reach 22 party such as Ma Xingtian to give administration is punished to industry of Kang Mei drug lawfully, adopt security market to ban measure to 6 party. Among them, inspect meets card plan to get 600 thousand case to punish to industry of Kang Mei drug.
4, GDP gives 31 province formally first half of the year furnace
GDP data announces 31 province formally entirely first half of the year. In GDP gross respect, GDP head exceeds Guangdong first half of the year 5 trillion, male crouch the first, it is first half of the year " club of 5 trillion GDP " only member. Jiangsu, Shandong distributes a line 2, 3, it is first half of the year " club of 4 trillion GDP " two only members.
GDP gains fast respect, GDP adds 16 province first half of the year fast exceed the whole nation, yunnan adds fast rank with 9.2 ％ the first, jilin adds fast platoon end with 2 ％ .
5, par value retreats three-ply lock of city to decide *ST China letter
On August 16, *ST China believes open quotation one word drops stop, up to closing quotation, company share price decides case to be in 0.61 yuan. *ST China letter has traded 20 times continuously price of day closing quotation all under every par value, the basis is regular, *ST China letter will stop a card since August 17, hand in place greatly to stop a card to remove 15 to trade in a few days to make company stock whether stop the decision that appear on the market from company stock.
6, add much treasure Wang Laoji " of red canister contend for " ring down the curtain
On August 16, "Of red canister contend for " final judgment court decision rings down the curtain finally.
Bai Yunshan (harbor 00874) announcement shows, forensic court decision adds much treasure to compensate for company of wide drug group, Wang Laoji to add up to 1 million yuan, the requirement adds much treasure company to stop to release instantly include " every sell China 10 canister cool tea 7 canister add much treasure " the advertisement of advertisement word, disuse and destroy by melting or burning imprints have " the red canister cool tea with countrywide banner sales volume -- add much treasure " the product of advertisement word is packed; Reject wide drug group, Wang Laoji other suit request.
7, Cody breeds course of study is suspected of breaking the law violate compasses investigate card inspect by meeting put on record
On August 16 evening, cody breeds announcement of course of study says, because the company is suspected of breaking the law,violate compasses, chinese card inspect can decide to be investigated to company put on record.
Before this, cody breeds hand be exposinged to the sun holds job a large number of cash default grandma farming however 19 months suckle a paragraph, company breed industry and quick-freeze most factory already stop production, draw superintendency attention letter two rounds when reach place greatly from this. 16 days of evening, the company still replied to make a two attention case greatly, denied a company existence stop production and default employee wages case, deny a company to be put in gross debt risk at the same time.
8, outstanding achievement puts certificate business first half of the year a list of names posted up
Association of trade of Chinese negotiable securities announced 131 stockjobber member to spent the management outstanding achievement without audit to rank a circumstance first half of the year 2019 a few days ago.
Spent first half of the year 2019, no matter be net gain, total still battalion closes, manager business income, the certificate business of before the rank 10 all is the certificate business of before asset dimensions is ranked 10. The certificate business of before total assets is ranked 10 is medium respectively letter negotiable securities, Guo Taijun is installed (harbor 02611) , Hua Tai negotiable securities, wide hair negotiable securities (harbor 01776) , the sea connects negotiable securities, action trade negotiable securities (harbor 06099) .
9, the global market share that brand of smartphone of 2 quarters China holds 42 ％ in all
On August 18 message, IHS Markit of orgnaization of global market survey released newest data to show a few days ago, 2019 the 2nd quarter, chinese China (harbor 00370) hold global smartphone market with the portion of 18 ％ for the mobile phone the 2nd, OPPO of brand of machine of Chinese additional skill exceeds seat number of American apple hand to reside the 3rd. 2019 the 2nd quarter, chinese smartphone brand holds the global market share of 42 ％ in all, show a driving competition ability.
10, Daliao says American decline probability amounted to 40 ％ 2020
Daliao sings father of water of bridge of pairs of the whole world is the greatest strong fund economy of empty United States, "Economic situation is worsening, the probability that economic depression was immersed in before general election 2020 achieves 40 ％ . " he points to, include beautiful couplet store inside the whole world ends greatly each must lower interest further soon try to answer, nevertheless he suspects executive quantity is right now wide when be late already, can't spur economic growth effectively, each economic system are probable through devalueing the money is carried brace up exit, money market may indebted.
Business of 10 large certificate is newest and politic grind sentence:
Negotiable securities believes in:
5 anticipate the bottom already passed greatly, positive tone storehouse is configured
Group of strategy of letter negotiable securities shows in, of negotiation of current fluidity, Sino-US commerce, hypostatic economy, market and policy 5 anticipate the bottom already passed greatly, proposal storehouse taller investor moves a storehouse actively, add match board of science and technology piece; Storehouse small investor adds a storehouse actively, with finance and consumption the storehouse that it is a bottom configures breed.
Configuration proposal: Storehouse taller investor moves a storehouse actively, add match board of science and technology piece; Storehouse small investor adds a storehouse actively, still be bottom storehouse with finance and consumption.
1) continue to regard a bottom as in order to consume the storehouse with core capital of finance, value of appraise of current emphasis attention is in the history low and the silver-colored andante with dividend impressive rate piece.
2) add stage by stage match board of science and technology piece. Replacement of 5G mobile phone and parts of an apparatus of consumptive electron core are homebred 2020 changing is prospective 1~2 quickly year most clear masterstroke, key attention semiconductor and China for industrial catenary.
3) level sex is added match housing complete to carry relevant trade. July building complete data as scheduled get warm again after a cold spell, continue to suggest to pay close attention to residential complete to anabiosis the brought opportunity that decorates the industry such as building materials, property.
The sea connects negotiable securities: Had entered value overall arrangement period
The sea connects group of negotiable securities strategy to express,
① is fore-and-aft quite, a appraise value and sentiment index are in the history low. Transverse quite, a bond of excel US stock, home.
② market turns situation need main area and policy face resonance, inventory cycle sees main area may driving a bottom, policy face needs to dog negotiation of Sino-US classics trade and domestic policy trends.
③ market builds bottom process to still can have possibly repeatedly, metaphase of have sth in mind, had entered value overall arrangement period, super- mix science and technology + certificate business, core capital is basic configuration.
The sea connects negotiable securities to express, a appraise value is in the history low. At present (2019/08/15) A PE (TTM, integral law) , PB (LF, integral law) it is respectively 16.2 times, 1.5 times, corresponding 5 years since appraise is worth from low the 30.2 ％ to tall cent digit, 4.7 ％ , a (eliminate bank) PE (TTM, integral law) , PB (LF, integral law) it is respectively 23.8 times, 2 times, corresponding 5 years since appraise is worth from low the 41.4 ％ to tall cent digit, 21.4 ％ , all be in position of historical on the low side.
Progressively layout, prospective deflection science and technology and certificate business. Future reforms those who reach innovation strategy to advance as capital market, science and technology gain hopeful is entered new one metempsychosis rises cycle. Science and technology and certificate business hopeful become what bovine city rises the 2nd times to get go up industry. The core capital outstanding achievement that consumes delegate of Bai Ma, production bibcock keeps stable, can serve as basic configuration.
China peaceful negotiable securities:
Lower interest in order to reform hurried, science and technology can be actively
Group of strategy of China peaceful negotiable securities shows, environment of ministry of inside and outside still relatively gentle, positive signal is farther grow in quantity, structural sex opportunity can be actively: External environment looks, difference of American time interest hangs pressure of be issued to lower levels of economy of adumbrative United States and American wave motion pressure or will be decompression of Sino-US business relation, to A the influence is finite.
In-house environment looks, LPR mechanism is formed, commercialize reform means hurried to lower interest with interest rate, hopeful guides be issued to lower levels of cost of hypostatic economy financing, overlay decreases duty to fall of the policy effect such as cost show stage by stage, company cost cost carries pressure hopeful to be reduced further, hopeful of market risk preference is improved; Since August, home grows upright interest rate apparent be issued to lower levels, achieve since 2017 new low. On configuration, continue to recommend science and technology + car, actor is chosen China for industrial catenary + semiconductor industry catenary.
Guo Taijun installs: Auroral peep
Pay close attention to " credit - ERP- gain " metaphase inflection point
Monarch group thinks, auroral peep, should pay close attention to " credit - ERP- gain " metaphase inflection point. Fear has the limit, and the gain rehabilitate that should pay close attention to credit rehabilitate to drive. It is the propulsion that the guiding of financial orgnaization financing, interest rate commercializes on one hand, it is the follow-up of demand side policy on the other hand, credit dredge falls in the environment that has demand will more unobstructed, this makes us more sturdy to the confidence of gain rehabilitate.
The respect is configured in the industry, monarch group thinks, accompany the propulsion of policy of side of credit cycle open, demand, what we can see ERP and gain is double " be able to bear or endure gram " , be based on 4X4 to deploy a system, monarch group recommends two masterstroke: 1) actor chooses a style. Value new-style capital construction to send force, the growing style such as communication, computer, value car, home appliance to wait underestimate consumption. 2) cheap always can generate profit, dovish sex price compares give attention to two or morethings. Value silver of the bank that underestimates value, firm gain, blame.
Wide hair negotiable securities:
Be issued to lower levels of wide chart interest rate, help good time of force science and technology
Group of strategy of wide hair negotiable securities shows, LPR reform helps fall after a rise of interest rate of force wide chart, good time of continuance science and technology.
(1) fluidity: Chinese decline style is loose + flat of global interest rate drives be issued to lower levels of wide chart interest rate jointly;
(2) risk preference: Risk of Sino-US trade friction is in convergent;
(3) opposite outstanding achievement: The newspaper in drawing near period, investor is spent to the attention of company profit rise, grow an opposite gain add fast change has an advantage.
Be issued to lower levels of interest rate of proposal configuration wide chart + gain expects improvement (early cycle) masterstroke -- continue to recommend an electron (electron of PCB, semiconductor, consumption) , the computer (software) , hopeful of activator of thrust augmentation of the capital construction after waiting for landed investment to increase fast fall after a rise appears, the tradition on the structure and new-style capital construction are collateral, pay close attention to capital construction chain.
The letter builds in send negotiable securities (harbor 06066) :
Interest rate and course helps force economy, core science and technology leads future
The letter is built in cast group of negotiable securities strategy to express, interest rate is commercialized is the key direction that will not solve difficult problem of financing of small small company, the country on June 26 emphasized LPR reform on regular meeting and the Central Bank news briefing July 12. The key that we think Bencihui is discussed depends on loan market quoting interest rate reform, essence reduces level of credit interest rate and preference of promotion bank risk.
To the bank, cut among collect fees, lower loan interest rate, will bring about bank assets to carry yield to glide, and it is certain to assume bad Zhang risk. Especially to in small bank, loan of small small company is occupied than opposite taller, be affected bigger. But to economy, reduce cost of hypostatic economy financing, can reduce the financial expense of the enterprise undoubtedly, the profit after adding.
From the angle that kinds of big asset configures, the configuration of the proposal is remained orderly " gold > ; ; National debt > ; ; Credit debt > ; ; This money > ; ; Stock > ; ; Commodity " .
From the angle that the industry configures, we are preferential recommend get interest rate and track policy is vigorous influence, country gives aid to energetically, the core science and technology that profit grows continuously board piece;
Next, grow besides science and technology most take actor besides, in process of economic be issued to lower levels, must consumable board piece stabilize as a result of income profit, interest rate drops the promotion that can bring appraise to be worth;
Finally, low interest is full environment and international environment risk, remain the gold that prop up board piece in the important vitality that goes up for a long time is measured.
In silver-colored negotiable securities: The market lacks upgoing core power
Do much Jin Tong to be first selection
Group of silver-colored negotiable securities thinks in, sentence beforehand to prospective direction on, profit be issued to lower levels is periodic, the market lacks upgoing core power, long-term estimate is worth in the market below Sino-US commerce uncertainty bear pressure.
Although short-term market has rebound, but still offer taller excessive price to gain determinism. Newspaper outstanding achievement is announced in period, below pressure of be issued to lower levels of complete A profit, the attention holds add fast be stabilized continuously or outstanding achievement exceeds anticipate those who bring get above quota accrual.
On industry configuration, in doing many Jin Tong comparing to remain, group of silver-colored negotiable securities recommends the strategy of first selection, cycle of profit be issued to lower levels underestimates the defense strategy of the value to remain the option that acquires steady gains, interest rate be issued to lower levels anticipates below, proposal attention real estate, electric power board piece configuration opportunity. 5G industry catenary is grow board piece determinism opportunity, pay close attention to the fractionize industry bibcock with outstanding achievement strong determinism.
How to believe negotiable securities:
Showing level is layout the gold hour of high grade asset
Group of strategy of the negotiable securities that bring a letter shows, preference of risk of field of stock market of near future A got bigger impact, short-term market still may need concussion of a few time to digest.
From the point of metaphase, support positive attitude, recently this phase also is layout the gold hour of high grade asset. Investor anticipates had been in low, the market is in bottom area basically, future tenacity of economy of a phase is stronger, fluidity is maintained bounteous, policy will continue to optimize in supply side with hair force, maintain landed adjusting control fundamental key and break firm add to be helpful for capital market metaphase developing, walk out of pessimism when investor, see positive factor, field of A stock market also will build a base in the shock that experiences this level later, hopeful is greeted new round of ascendant prices.
To industry configuration, set one's mind at business of certificate of attention of politic proposal key, war industry, communication, electron, computer, car, division of attention of proposal of structural sex masterstroke is achieved board can compare map company, medium the newspaper exceeds anticipate reform of company, state-owend enterprise, Shanghai from trade division new an area.
Promote job negotiable security: Reform is aided push market of rights and interests " long ox "
Group of strategy of the negotiable securities that start line of business shows, it is important that interest rate commercializes reform to be stridden solid one pace. To market of rights and interests, let in open bonus " long ox " after having a base. New venture evaluates a system to reframe, without be issued to lower levels of venture interest rate, those who push market of rights and interests is aid on certain rate rate " long ox " .
Look into next week, short-term in light of, the market still holds to be given priority to with structural sex opportunity. Will for a long time look, the section that information publishs is achieved board market of system, capital is open wait for measure to also will be helpful for improving composition of price of excessive of risk of market of rights and interests, investor, come true one round " long ox " .
Specific to opportunity level, the strategy that promote card thinks, short-term, attack defend, attack and defence have both. "Attack " the burgeoning growing direction that focusing Yu Hua is a delegate for mobile phone catenary, 5G. "Defend " hold with common cause kind the high dividend, gold defence sex breed that is a delegate. In long-term, criterion focusing pays close attention to at core capital " the person is little " , " cool and refreshing " (price of appraise value sex is compared tall) financial real estate, production direction.
The country contains negotiable securities:
The market is OK and bit more hopeful, harbor can " collect petty gain "
The country fills negotiable securities to express, risk preference promotes, the market is OK and bit more hopeful.
1, exterior risk alleviates somewhat. On one hand Telangpu releases commerce negotiation apiration once more, right China the duty time that start also announces to defer; On the other hand overseas market also has sure sign of look forward to after acuteness wave motion.
2, A show in global concussion relatively obdurability, indication investor to exterior risk already somewhat passivation, attention nods regain interior.
3, superintend release warm meaning ceaselessly. Already allowed through enlarge of two be in harmony last week, loosen certificate business lever and next transfer financing expend the method such as rate to caress the market. The Central Bank issued announcement on August 17, reform LPR forms a mechanism. Short-term the aggrandizement market anticipation to interest rate be issued to lower levels, stimulate risk preference.
To field of A stock market, LPR reform will carry for a long time rise market whole to appraise is worth a level and raise its to configure sexual price to compare. On one hand, LPR reforms hopeful to drive DDM denominator end to anticipate to move below yield centre, carry thereby standard of litre of value of appraise of whole of market of rights and interests; On the other hand, drop as yield of the loan in financial capital, capital will be added match other taller sex price compares asset. The white Ma La with reasonable value of dovish, appraise prepares outstanding achievement section chief period will be benefited capital is added match.
Harbor: The value is more fundamental than time, OK and left " collect petty gain " . Epicycle harbor market of banner whole world drops, drop also manage advanced line, still basically get the concussion of uncertainty of inside and outside. Price of current AH excessive already came to historical perch, partial harbor bibcock appraise value returns the history low. Long term value investor can have grasped the principle with more fundamental than time value is left " collect petty gain " . The near future, harbor capital already was being quickened south below, this week dimensions already amounted to nearly 17 billion RMB. Follow-up, alleviate gradually as risk of inside and outside, harbor hopeful appears more apparent appraise is worth repair.
Investment opportunity is analytic
" the opinion that builds demonstrative division of go ahead of the rest of Chinese characteristic socialism about supporting Shenzhen " this one message to Shenzhen this locality, it is one big profit undoubtedly good. Actually before Shenzhen this locality for a time very active, the market anticipates can good about the benefit at Shenzhen policy comes on stage at that time. The issuance of this message, to Shenzhen this locality the likelihood is an activator.
Shenzhen country endowment concept greet benefit good drive
The opinion points out form deepen new structure of reforming and opening in the round. Hold to socialist market economy to reform way, exploration perfects property right system, protect organizations of all sorts of economy of system of ownership and citizen property right effectively lawfully. Supportive Shenzhen develops regional nation endowment the state-owend enterprise reforms an experiment integratedly. High level high quality builds division of free trade test, accelerate compose to build what conform with international is open model economic new system.
Build the main component of demonstrative area of go ahead of the rest of Chinese characteristic socialism as Shenzhen, shenzhen country endowment integrated reform is in the state-owend enterprise early to was by promote 2018 " regional country endowment the state-owend enterprise reforms an experiment integratedly " , was gifted by the country the foretaste of go ahead of the rest, great mission that takes the lead in breaking through.
It is relevant concept below
Concept of area of big bay of HongKong and Macow of another name for Guangdong Province
The opinion points out assist construction of area of big bay of the HongKong and Macow that push another name for Guangdong Province. Deep harbor of the sea before be being deepened further is contemporary area of collaboration of service line of business reforming and opening, with the system innovation is core, ceaseless promotion opens a level to HongKong and Macow. Accelerate construction of area of collaboration of innovation of deep harbor science and technology, exploration develops pattern in coordination, innovation science and technology manages a mechanism, the element such as stimulative personnel, capital, technology and information is efficient and convenient flow. Advance linkage of deep Guan benefit to develop, confluence of two sides of thing of mouth of stimulative Pearl River is interactive, innovation area of extraordinary cooperation of deep Shan of promotion of perfect, exploration manages system mechanism.
This year on Feburary 18, get attention fully " division of big bay of HongKong and Macow of another name for Guangdong Province develops (harbor 00737) program compendium " (the following abbreviation " program compendium " ) release formally, this covers environment of idea of mechanism of infrastructure, system, culture, zoology to wait inside program of all-around integrated development strategy, will drive area of big bay of HongKong and Macow of another name for Guangdong Province to sail the drive of development.
Division of big bay of HongKong and Macow of another name for Guangdong Province is benefited concept as follows:
Estate board piece: Course of study of Rongzhao of real estate of force of share of A of city of the Shekou that enrol business, overseas Chinese, China hair, division, world
Haven: Enrol harbor of commercial port mouth, saline
The airport: White cloud airport, Shenzhen airport
Shipping: In market group (harbor 02039)
Freeway: A of high speed of another name for Guangdong Province, deep high speed
Finance: China is restful (harbor 02318) , the bank that enrol business (harbor 03968) , in letter negotiable securities
Travel: Accuse south the international that vacate state, mountain
Science and technology: Lucky sound science and technology (harbor 02018) , the nicety establishing dispatch, communication that believe dimension
The industry such as 5G, artificial intelligence is benefited
The opinion points out: "The major innovation carrier such as information of science of space of 5G of supportive Shenzhen construction, artificial intelligence, network and technology, life and biology medicine lab, center for Scientific Technical Information of exploration construction international and brand-new the academy of medical sciences of the mechanism.
In Shenzhen this locality in, these stocks have involve relevant field:
5G concept: Communication of technology of letter of sinter of electron of wheat nimble science and technology, suitable sth resembling a net, Beijing, family, old rich science and technology, resurgence (harbor 00763) , receive share in all, send message especially, day sea intelligence, Tian Wei inspects dispatch, letter.
Artificial intelligence concept: The science and technology that collect a top, contest is share of intelligence, strong develop
Network space science and technical concept: In science and technology of day of new competition gram, million, Ren Zihang
Life information and biology medicine concept: China industry of drug of space of biology of big gene, health peaceful, writing, Wei Guangsheng content
" Bing looks " print sends signed article: How does demonstrative area of go ahead of the rest of Chinese characteristic socialism workThe article comes from Chinese fund newspaper
