Markets on Wednesday rose sharply higher due to favorable news from central banks, and the two cities showed wide swings during the session. Judging from the media, the financial sector such as securities, banking and insurance played an active role in market adjustment. Semiconductors, computer equipment, software service aviation, and iron and steel, coal and other cyclical sectors were active during the session. Thematic segments included domestic chips and satellite navigation. The theme of electronic payment, domestic software, industrial interconnection, cloud computing and other topics showed a strong intraday strength, among which, the concept of domestically produced chips was favored by the market funds and showed an upward trend.National Technology,Ziguang Guoxin,Bound TechnologySuch as multi-stock trading limit,China Software,Tai Chi sharesDomestic stocks, such as domestic software, have strengthened.Zhenxin Technology,OrbitOther satellite navigation concept stocks followed suit, and the concept of Hainan’s free trade came into being.Hainan Ruize,Straits sharesSuch as multi-stock intraday limit. Overall, the market rebounded on Wednesday, with strong gains in chips, domestic software, cloud computing, and satellite navigation.gemThe market rebounded, and the rebound in financial stocks and cycle stocks such as securities, insurance and banking stocks on the Main Board led to a rebound. In the short term, the downward trend of the market has not changed, and the stock index will continue to seek low technical support in the short term. In the future, it is expected to start technical correction in the range of 3050-3100 points. Before the market trend has yet to reverse, we suggest investors to participate in the short-term market. Hot spots and oversold rebound opportunities in the blue chip market.
【Number of daily stops】
There are 45 daily limit houses (not including 45 ST shares), and there are 13 low limit houses.
【 Daily limit classification 】
【New shares and new shares:Vogel Optoelectronics,Great Wall Technology,Zhende Medical,Multimedia News,Ming Yang Circuit,Huafeng shares,Bomin Electronics,Netac Intelligence,Ashichuang】
【 Limits of Life】The rise of the new IPOs mainly stems from two aspects: On the one hand, the successful rate of new stocks is low, attracting funds to stir. On the other hand, the sub-new stocks, especially small-cap stocks, have strong expectations of capital expansion.
Comments: The China Securities Regulatory Commission issued "Some Regulations for the Shareholders and Supervisors of Listed Companies to Reduce Their Shareholdings." The two major exchanges successively issued the detailed implementation rules for the shareholders of the listed company and the supervisors to reduce their shares. The China Securities Regulatory Commission and the Shanghai and Shenzhen Stock Exchange announced the "upgraded version" of the reduction plan. The new rules are "upgraded" from the seven aspects. The Sword refers to the current five types of reductions. Encourage and advocate the concept of long-term investment and value investment by investors, and further emphasize that shareholders of listed companies should strictly abide by the requirements for the relevant shares lock-up period, and earnestly fulfill their relevant commitments on limiting shareholding reduction.
[Domestic chips: National Technology,Datang Telecom,Taiwan-based shares,North China Creation,Deep Technology,Large capacityZiguang GuoxinWenyi Technology,Dongtu Technology,Infront Micro】
Comments:The U.S. Department of Commerce issued aZTEThe ban on export authority prohibits US companies from selling parts to them for a period of up to 7 years. At the same time, the British National Cyber Security Center issued new recommendations warning the telecommunications industry not to use ZTE's equipment and services. ZTE's baseband chips, radio frequency chips, storage, and most of the optical components are all from the United States. Parts imported from the United States account for 20%-30%. Upstream key high-end chips lack domestic substitution capabilities, and optical communications can already be partially replaced. Regardless of whether the follow-up between the ZTE Corporation and the U.S. Department of Commerce can reach a settlement, this highlights the urgency of localization in key areas. Optical communications related companies are expected to benefit from the localization process.
[Software Services: China Software,NSFOCUSTai Chi,Beixinyuan】
Comments:Recently, the Central Network Information Office and the China Securities Regulatory Commission jointly issued the "Guidance Opinions on Promoting the Construction of Powerful Services in the Capital Market Service Network," and the "Opinions" proposed to strengthen policy guidance, give full play to the role of the capital market, and support qualified Internet companies to use the motherboards.Small platesThe multi-level capital markets such as GEM and GEM are becoming larger and stronger, and encouraging net trust companies to merge and restructure and strengthen organizational guarantees to ensure national cyber security and financial security.
Comments:Last week, the United Kingdom conducted the world’s first 5G spectrum auction. The auction’s spectrum was 3.5GHz, and the average price of 5G spectrum was 7.64 million pounds/MHz, which was much higher than the 3.65 million pounds/MHz of the previous 2.6GHz auction. The 51.5 million pounds/MHz auction price for 4G in 2018. The high price of spectrum auctions reflects the expectation of the communications industry for the long-term development of 5G and the expectation of telecom operators to bring about higher income levels in the future 5G.
Comments:The U.S. Department of Commerce issued a ban on ZTE’s export authority and prohibited US companies from selling components to them for a period of up to seven years. At the same time, the British National Cyber Security Center issued new recommendations warning the telecommunications industry not to use ZTE's equipment and services. The ban on chip imports highlights the urgency of localization in key areas, and optical communication related companies are expected to benefit from the localization process.
Comments:The publication of opinions on the construction of an internet powerhouse helped the company to become bigger and stronger. On April 13, the China Securities Regulatory Commission announced that the Central Network Information Office and the China Securities Regulatory Commission jointly issued the “Guidance Opinions on Promoting the Construction of Powerful Services in the Capital Market Service Network”. The overall requirement of the "Opinions" is to promote the coordinated development of cybertrust and capital markets, safeguard national cyber security and financial security, and promote the linkage between cybertrust and securities supervision.
Large capacity (300576)
Comments:The installation of the production line of Fujian Jinhua IC Co., Ltd. will be completed by the end of July, paving the way for mass production in the third quarter. According to sources, the construction of the production line was completed earlier than originally planned, and the first phase of the project will be put into production in the third quarter.
(Author: Jufeng investment adviser Zhu Hua Lei, a practicing certificate number: A0680613030001)