On Tuesday, the three major A-share indexes shrank in early trading, and bottomed out and rebounded collectively in the late session. As of **, the Shanghai Composite Index is at 293239 points, up 005%；The Shenzhen Stock Exchange Component Index was reported at 928934 points, up 011%；GEM index reported 182767 points, up 042%。The trading volume of the Shanghai and Shenzhen stock markets was 642.8 billion yuan throughout the day, a decrease of nearly 50 billion yuan from the previous trading day.
On the disk, consumer electronics concept stocks collectively strengthened, MR (mixed reality) led the rise, and Emdoor Information rose by the limitThe tourism and travel sector performed strongly, with Xi'an Tourism and Qujiang Cultural Tourism rising to the limitThe concept of short drama games and Douyin has returned to an active trend, and Tianyu Digital Technology has a daily limitThe liquor sector has picked up, and Weilong shares have a daily limit.
The MR sector led the gains
Yesterday, the MR (mixed reality) sector performed strongly, driving the consumer electronics sector to further strengthen. As of **, Yitian shares rose by more than 10%, Emdoor Information, Huiwei Technology, Tianyu Digital Technology rose by the limit, Zhi Cube, Skyworth Digital, Changying Precision, Jiahe Intelligence, Xianying Technology, etc. rose by more than 5%.
Emdoor Information said in the recently disclosed record of investor relations activities that its subsidiary E-realm Virtual has been deeply engaged in the field of XR (extended reality) for 8 years, and continues to cooperate with and support excellent brand companies of VR AR MR at home and abroad, as well as the development of software and scene content. At present, the sales promotion of Yijing Virtual's self-developed and customized lightweight MR products is progressing in an orderly manner.
On the news side, Apple will officially mass-produce the first-generation MR (mixed reality) product Vision Pro in December this year, with the first batch of about 400,000 units, which is expected to be officially launched at the beginning of next year.
In terms of policy, the Ministry of Industry and Information Technology, the Ministry of Education and other seven departments recently jointly issued the "Guiding Opinions on Accelerating the High-quality Development of the Audio-visual Electronics Industry", proposing that by 2027, the global competitiveness of China's audio-visual electronics industry will be significantly enhanced, key technological innovation will continue to break through, the industrial foundation will continue to be built, and the industrial ecology will continue to improve, basically forming a development pattern with excellent innovation ability, strong industrial resilience, high degree of openness and great brand influence.
Hua Chuang** said that Apple's Vision Pro will open a new cycle of consumer electronics. XR includes VR, AR, MR and other technologies, which can bring new user experience and solutions, and has application potential in many fields, and has broad development prospects. Vision Pro is Apple's blockbuster product in the XR field, and it may be an important milestone in the development of consumer electronics.
The travel sector strengthened
Boosted by the surge in travel orders on New Year's Day in 2024, the travel sector opened yesterday**. As of **, Xi'an Tourism, Qujiang Cultural Tourism, Guilin Tourism, Golden Horse Amusement, Xi'an Catering, Changbai Mountain, Junting Hotel, etc.
According to the data of Tongcheng Travel, on the first day of the New Year's Day holiday (December 30, 2023), tickets for short-distance routes in core urban agglomerations are relatively tight, and the more popular routes mainly include: Beijing to Tianjin, Shanghai to Nanjing, Shenzhen to Guangzhou, Chongqing to Chengdu, etc., and the travel demand is mainly for visiting relatives.
According to the "2024 New Year's Day and New Year's Eve Travel Insights" released by Ctrip, as of December 15, the overall domestic travel orders for the 2024 New Year's Day holiday increased by more than 3 times year-on-year, hotel orders increased by more than 5 times year-on-year, air tickets increased by 205%, and vacation orders such as customized tours with groups increased by 240%. In terms of search popularity, the search popularity of domestic air tickets on Ctrip's platform increased by 26% compared with the same period in 2019, and the search popularity of domestic hotels increased by 170% compared with 2019.
Shanxi** said that as the temperature drops in many places, the heat of ice and snow tourism is continuing to heat up, and major ski resorts are opening to welcome guests, and the sales volume and pre-sale volume of ski resorts in many places have hit a new high since 2019. Domestic tourism opened steadily, inbound tourism rebounded slightly, and the outbound tourism market expanded steadily. The willingness of urban and rural residents to travel has rebounded steadily, consumer confidence has been further enhanced, and the pace of tourism industry chain restructuring and kinetic energy innovation has accelerated significantly.
Institution: The end of the year and the beginning of the year is the ** start window period
Looking forward to the market outlook, China Securities Construction Investment ** analysis said that from the perspective of time, the end of the year and the beginning of the year is often a time window conducive to the start of A-shares, once it is conducive to catalysis, A-shares are expected to start a new round of rise at any time**, it is recommended that investors keep their chips and actively consider the layout of dips. At present, a number of indicators such as valuation, macro, capital, and sentiment indicate that the market has reached the bottom, waiting for more specific policies to be implemented to stimulate the upward momentum of the market.
Guosheng** said that the Fed's interest rate hike cycle may be over, as the 10-year US Treasury yield fell below a multi-month low, or create a positive external environment for the A** market. At the same time, the regulator issued new rules on cash dividends, guided listed companies to form medium-term dividend Xi, etc., and encouraged listed companies to use repurchase tools to actively return investors, and the market environment is expected to further improve. In terms of allocation suggestions, the first is to pay attention to high-dividend assets in the context of new regulatory regulations, such as coal, power and other sectors that are both offensive and defensive;The second is to lay out the dilemma reversal industry, focusing on biomedicine, aquaculture, etc.
Hualong ** believes that the current or the time window for the layout of A-shares. In 2024, the Federal Reserve may start an interest rate cut cycle, and the expectation of interest rate cuts in Europe is also increasing, and global liquidity is expected to usher in an inflection point. **The industry and industrial direction mentioned in the Economic Work Conference in 2024 are expected to continue to take effect, which will bring more catalytic factors to related industries, and is a direction with allocation value. In the long run, it is recommended to pay attention to industries such as electronics, biomedicine, industrial Internet, artificial intelligence, new energy and household appliances.
Original**: Shanghai **Daily.