On January 29, in the context of the overall adjustment, the Chinese word head, the central state-owned enterprises were active against the trend, China Television Media, China Haicheng, Zhongcheng shares, etc., China Railway Assembly, China Communications Construction and other intraday limits, PetroChina rose by more than 20% in four trading days, making the market jaw-dropping.
On the news side, following the State-owned Assets Supervision and Administration Commission on January 24, the State-owned Assets Supervision and Administration Commission emphasized that the effectiveness of market value management will be included in the assessment of the person in charge of the first enterprise, and the China Securities Regulatory Commission held a meeting on January 26 to emphasizePromote the inclusion of market value in the assessment and evaluation system of central enterprises and state-owned enterprises, and study increasing the constraints on low-valued listed companies from the perspective of information disclosure
We highlighted in our "Good Trader" program last Friday (January 26th): ".The Shanghai Composite Index has multiple suppressions near 3,000 points ahead, and it is not advisable to have too high expectations for ***”。At the same time, we note that "Sectors that resonate with the inflection point of the market often become the mainstream theme of the future。This week, the long-dormant theme of "China Special Valuation" returned to the limelight, and the market once again staged a style of great beauty. ”
We have published a special report in the current issueMarket value management is included in the assessment, and central enterprises welcome a new round of value revaluationThe report pointed out that the inclusion of market value management in the performance appraisal of the heads of central enterprises is a improvement of the assessment system of central enterprises, which will help improve the attention of central enterprises to the company's market value managementIt is an important milestone after the "one profit and five rates".。In the future, market value management will be mainly carried out through dividends, increased holdings, repurchases, etc., which will become an important driving force for the high-quality development of central enterprisesThe valuation of central enterprises is expected to usher in a new round of reshaping under the catalysis of policies
In the special report, we have made a comprehensive combing of the leading companies of central state-owned enterprises in various industriesAt the same time, taking into account the two-wheel drive of policy logic + market logic,High-dividend central enterprises are still the best choice for both offense and defense, we rank by dividend yield,Screened for prefixes with dividend yields greater than 3%**。In addition,We have identified five industries and representative companies with more fundamental strength and greater potential for revaluation, there is a need for a special topicMarket value management is included in the assessment, and central enterprises welcome a new round of value revaluationWelcome to get it for free.