Author |Ding Zhenyu, editor|Wang Jinxi.
*: Jufeng Investment Advisory, good ** application.
Jufeng Today's Strategy
Jufeng Investment Consulting believes that under the expectation of economic recovery, A-shares are expected to gradually come out of the trough. In the past four months, domestic counter-cyclical adjustment measures have been intensively introduced, showing that the bottom of the policy has been confirmed, and ** is moving from the bottom of the policy to the bottom of the market. Overnight, U.S. stocks collectively closed down, supermicro computer rose more than 18%, Intel, Nvidia rose more than 3%, Apple, Google fell more than 2%, Tesla fell more than 7%, popular Chinese concept stocks fell, the United States plans to carry out a risk review of China's manufacturing networked cars, new car-making forces fell sharply, ideal cars fell more than 13%, and Xiaopeng Motors fell more than 8%; Domestically, the 50 billion yuan private placement ** investment ** jointly funded by Chinese Life and Xinhua Insurance has completed the product filing and has met the conditions for entering the market. At present, the market has entered a period of policy dividends, and investors are focusing on artificial intelligence, humanoid robots, state-owned enterprise reform, low valuation, and high-dividend blue chips in the short term.
U.S. stocks
Eastern time on Monday, the three major U.S. stock indexes closed slightly lower, and the Dow fell 025% at 38989At 83 points, the S&P 500 fell 012% at 5130At 95 points, the Nasdaq fell 041% at 1620751 points. In technology stocks, Tesla fell 716%, Google fell 276%。Chinese concept stocks are generally **, and Li Auto fell 1364%, good future fell 962%。
A shares
On Monday, the market led the rise in the GEM index throughout the day. As of **, the Shanghai Composite Index rose 039% at 3039At 31 points, the Shenzhen Component Index rose 004% at 9438At 24 points, the GEM index rose 059% at 183483 points. Overall, there are more than 3,100 stocks in the whole market, with a turnover of 1,077.1 billion in Shanghai and Shenzhen, an increase of 21.8 billion from the previous trading day. In terms of sectors, liquid-cooled servers, CRO, assisted reproduction, computing power leasing and other sectors were among the top gainers, while integrated die-casting, hydrogen energy, cement, duty-free and other sectors were among the top decliners.
Hong Kong stocks
On Monday, the three major indexes of Hong Kong stocks bottomed out in early trading and rebounded, and all turned red during the session, but then fell back and fell, showing a narrow range of weakness in the afternoon**. As of the end of **, the Hang Seng Index edged up 004% or 653 points, at 1659597 points, the daily turnover is 1068HK$6.7 billion; The Hang Seng China Enterprises Index fell 028% at 571283 points. The Hang Seng Tech Index fell 038% at 347477 points.
Hotspots
1. The AI wave is coming, and the product welcomes a new wave of specification update requirements
Importance:
With the AI wave coming, CMOS sensors (CIS) are expected to usher in a new wave of specification update demand, and Sony, the world's leading CIS company, is sprinting for related layouts. Sony placed a large order for TSMC's new plant in Kumamoto, Japan. The industry points out that the image sensor is an important image sensor, and the market share of CIS is higher than that of CCD (photosensitive coupling element) due to its small size and low cost, and is widely used in mobile phones, automobiles, security control, medical and other fields.
Comments:
IFC** believes that humanoid robots are expected to become the latest growth driver of CIS after smart cars. Humanoid robot cameras need high performance, fast and accurate acquisition of image information, and cope with changing working environments, which will also make CIS valuable in this field. Relevant listed companies include: Jingfang Technology, Crystal Optoelectronics, O-film, etc.
2. It's about quantitative trading! The Shanghai and Shenzhen stock exchanges have made another statement: effectively improve the level of compliance trading
Importance:
On March 4, according to the Shanghai and Shenzhen Stock Exchanges, a few days ago, the Shanghai and Shenzhen Stock Exchanges jointly held a trading compliance training for quantitative private equity institutions to help quantitative private equity institutions timely and accurately understand the regulatory ideas and work requirements of quantitative trading, effectively improve the level of compliance trading, and prevent quantitative trading risks. This is another recent statement by the Shanghai and Shenzhen stock exchanges on quantitative trading. Previously, on February 20, the Shanghai and Shenzhen Stock Exchanges announced the smooth implementation of the quantitative trading reporting system, and on the same day, they also issued fines for the abnormal trading behavior of quantitative giants.
Epidemic tracking
1. WHO: The cholera outbreak in Sudan has killed 299 people.
2. Since the beginning of this year, there have been varying degrees of dengue fever epidemics in many countries. Brazil, Argentina, Paraguay, Peru and other countries have seen a surge in cases.
Macro
1. This year's National People's Congress and the National People's Congress may focus on these directions: new quality productivity, digital economy, and clean energy
Importance:
The first economic work conference in previous years often looks forward to and sets the tone of the economic fundamentals in the coming year. The ** Economic Work Conference in December 2023 set the tone for the macro policy in 2024 as "seeking progress while maintaining stability, promoting stability with progress, and establishing first and then breaking down". Among the nine key tasks, the first mention is that "scientific and technological innovation leads the construction of a modern industrial system", especially the use of disruptive technologies and cutting-edge technologies to give birth to new industries, new models, new kinetic energy, and the development of new quality productivity.
Comments:
IB** believes that the discovery of digital economy, artificial intelligence development, biomanufacturing, commercial aerospace, low-altitude economy, quantum, and life sciences are all specially proposed fields or tracks. In terms of consumer demand, the focus is on new consumption spaces such as smart homes, cultural and entertainment tourism, sports events, domestic "trendy products", new energy vehicles, and electronic products. In terms of investment-driven consumption circulation, emphasis was placed on promoting large-scale equipment renewal and trade-in of consumer goods. The relevant targets are: iFLYTEK, Hanwang Technology, Tors, etc.
2. The National People's Congress is about to open, and the premier will make a work report
The schedule of the second session of the 14th National People's Congress was announced, and at 9 a.m. the first plenary session (opening meeting) of the congress was held to listen to the report of the premier on the work of the first session. In addition, the ** Press Office will hold a briefing at 11:30 a.m. on March 5, 2024 (Tuesday), at which Huang Shouhong, head of the drafting team of the "* Work Report" and director of the ** Research Office, will interpret the "** Work Report" and answer questions from reporters.
3. The 50 billion yuan private placement jointly funded by Chinese Life and Xinhua Insurance has completed the product filing and has the conditions for entering the market
*It was learned from relevant channels that the 50 billion yuan private placement ** investment ** jointly funded by Chinese Life and Xinhua Insurance has completed the product filing and has met the conditions for entering the market. A person familiar with the matter told ** that ** had received part of the paid-in capital contribution before the product was filed and was ready to enter the market. "The investment is mainly biased towards high-quality listed companies with large market capitalization and good liquidity. People familiar with the matter said that the pace of investment is based on the capital market and the situation of the investment target.
4. The United States plans to carry out a risk review of China's manufacturing networked vehicles, and the Ministry of Commerce responds
A reporter asked: On February 29, the United States issued an announcement that it would carry out a first-class risk review of China's made-in-the-road connected vehicles. Do you have any comment?
A: China has taken note of the relevant situation. The U.S. side is trying to hinder the normal export of Chinese automobiles under the pretext of "**", and China is seriously concerned about this. The development of China's electric vehicle industry has made positive contributions to the green transformation of the global automotive industry and the response to climate change. China urges the US to respect market principles and create a level playing field for companies from all over the world. China will continue to assess the follow-up situation of the US review and take strong measures when necessary to resolutely safeguard its legitimate rights and interests.
5. Guizhou held a working meeting on the real estate financing coordination mechanism, and 10 provinces and 11 local supervision bureaus have spoken
The Guizhou Supervision Bureau of the State Administration of Financial Supervision and Administration issued a document today saying that it organized a working meeting on the real estate financing coordination mechanism to report on the recent work progress, analyze the main problems and put forward the next work requirements. According to statistics, since February, there have been 10 provincial-level administrative regions such as Sichuan, Chongqing, Yunnan, Guangdong, Inner Mongolia, Tianjin, Shanxi, Hubei, Heguizhou, and 11 local regulatory bureaus, including the Ningbo Supervision Bureau, to hold meetings and deploy real estate financing after the white list of real estate projects, and introduce the latest progress.
6. The price of domestic refined oil rose for the third time in the year, and it cost 5 yuan more to fill up a tank of oil
According to the recent changes in oil prices in the international market, in accordance with the current formation mechanism of refined oil products, from 24 o'clock on March 4, 2024, domestic gasoline and diesel will increase by 125 yuan and 120 yuan per ton respectively. After the adjustment, the highest retail sales of gasoline and diesel in various provinces (autonomous regions, municipalities) and central cities** are shown in the attached table. As a result, the cost of fuel for private car owners and logistics companies has increased. Based on the calculation of a small private car with a fuel tank capacity of 50 liters, car owners will spend about 5 yuan more to fill up a tank of gasoline; For large logistics and transportation vehicles with a full load of 50 tons, the fuel cost increases by about 4 yuan per 100 kilometers on average.
industry
1. Flying car startup gets 2,850 pre-orders to set a new record, and the commercial era is expected to accelerate
Importance:
Alef Aeronautics, a flying car company invested by Musk's SpaceX, reportedly said on Monday that its future electric vertical take-off and landing (EVTOL) car, the Alef Model A, has received more than 2,850 pre-orders, a new record. and surpassed Boeing, Airbus, Joby **iation and most electric VTOL aircraft combined, becoming the best-selling aircraft in history. ALEF, one of several startups trying to make flying cars a reality, unveiled its Model A flying car at MWC that can cruise at speeds of up to 110 miles per hour in the air and limit cruising speeds on the road to between 25 and 35 miles per hour.
Comments:
Huafu believes that the low-altitude economy is poised to take off, and the industrialization of flying cars has ushered in a critical point. The flying car industry chain includes servos, flight control systems, sensors, navigation solutions, batteries, power systems and other links. The downstream is mainly used in emergency rescue, freight logistics, scenic sightseeing, urban transportation and other scenarios, and the trillion market can be expected in the future. Related targets: Sunward, Antai Technology, CITIC Haizhi, etc.
2. Wuhan Xinxin bids for HBM packaging technology and increases the demand for advanced packaging
Recently, Wuhan Xinxin Integrated Circuit Manufacturing Co., Ltd. has changed its business, adding 30 shareholders such as China Internet Investment (Limited Partnership), with a registered capital of about 57$8.2 billion to about $8.47.9 billion yuan. The company also released a bidding project for the R&D and production line construction of high-bandwidth storage chip advanced packaging technology, which uses three-dimensional integrated multi-wafer stacking technology to create domestic high-bandwidth memory (HBM) products with higher capacity, larger bandwidth, lower power consumption and higher production efficiency. It is planned to add 16 sets of equipment, and it is planned to achieve a monthly output capacity of 3,000 pieces (12 inches).
3. The world's first AI feature-length movie is about to premiere!
On March 6, a "groundbreaking feature-length film made entirely by AI" will premiere at the LandmarkNuarttheater in Los Angeles. A creative team of 50 artists in the field of AI created a remake of "Terminator 2", "Our Terminator 2 Remake". The film is not just a simple remake, it presents a world where humans are fighting against ChatGPT's domination, and the impact of contemporary AI development.
4. Another grand event of Huawei is about to be held, and the agency said that the promotion of the HarmonyOS ecosystem may be revealed
Previously, Zhu Yonggang, President of Huawei Device Cloud, said on January 18 that the HarmonyOS ecosystem will enter the second phase, with the goal of starting the development of 5,000+ HarmonyOS native applications by the end of the year, and finally achieving 500,000+ HarmonyOS native applications. At present, the first batch of 200+ HarmonyOS native apps have started development, of which 100+ have completed the beta version of HarmonyOS native apps. According to the analysis of Shanghai**, with the continuous prosperity of the HarmonyOS native application ecology and the open source HarmonyOS ecosystem, ecological partners are expected to continue to benefit in 2024 or the first year of HarmonyOS's large-scale business. It is recommended to pay attention to the HarmonyOS ecological chain, including server, PC, software development, and operation.
A-share trading alerts
Bearish tips
Witten Electric (688226): Due to personal reasons, the core technical personnel Wang Department applied for resignation.
Sichuan Jinding (600678): Up to now, the company has no hydrogen energy-related products that generate revenue.
**Attention
Rundu shares (002923).
The company's main business is engaged in the research and development, production and sales of antihypertensive sartans, gastrointestinal lazoles, anesthesia and other characteristic APIs and intermediates. The main products include: rabeprazole sodium enteric-coated capsules, irbesartan capsules, ibuprofen sustained-release capsules, isosorbide mononitrate sustained-release capsules, irbesartan, valsartan, etc.
Lvkang Biochemistry (002868).
The company's main business is the production, research and development and sales of veterinary drugs. The company's main products include bacitracin products, colistin sulfate products, flavomycin products, natamycin, Bacillus subtilis, Bacillus licheniformis, mixed probiotics, Bacillus thuringiensis series and Jinggangmycin series.
Knowledge sharing
What is the workhorse cost?
The main cost line is based on the changes in transaction price and trading volume, showing important transaction intensive areas, so as to discover its main cost. The main cost is used as an effective main chart indicator to judge resistance and support levels, and the specific research and judgment methods are as follows:
1) The longest and densest range of lines is the price area with the most transaction accumulation, which is often the main cost area;
2) If the stock price runs from bottom to top, there is resistance near or near the dense area;
3) If the stock price runs from top to bottom, there is support near or when it reaches a dense area;
4) Once the support and resistance levels are crossed, the support and pressure functions are interchanged.
5) This indicator is not effective for judging ** and head.
Important Notice: The above information is for reference only and is not intended as a specific operation recommendation. The market is risky, and investors need to be cautious.
Author: Ding Zhenyu Practicing Certificate: A0680613040001
Disclaimer: The above content is for reference only and does not constitute specific operation advice, and you shall operate at your own risk and profit and loss.