Financial Associated Press Afternoon

time:2023-01-28 16:58:42 source:clevelanddrifters.com author:Garbage
Financial Associated Press Afternoon

1. [Review of the morning market] The market opened higher in the morning and then fluctuated, and the three major indexes all rose slightly. On the disk, the Beidou Navigation sector broke out, and individual stocks in the sector set a daily limit. The surge in navigation stocks also drove the strength of the communications, military and other sectors. Low-level themed stocks were active, with Metaverse, Media and other sectors leading the gains, while 263, Aofei Entertainment, etc. had their daily limit. Track stocks rebounded, led by integrated die-casting, robotics and other directions, and Rongtai shares, Zhongdadi, etc. rose by the daily limit. On the downside, consumer sectors such as food fell into adjustment. In general, individual stocks rose more and fell less, with more than 3,600 stocks in the two cities rising. The half-day turnover of Shanghai and Shenzhen stock markets reached 463.9 billion, a decrease of 21.9 billion from the morning of the previous trading day. In terms of sectors, satellite navigation, integrated die-casting, communications equipment, and military industries were among the top gainers, while food processing, beer, coal, and CRO sectors led the decline. As of the close, the Shanghai Composite Index rose 0.28%, the Shenzhen Component Index rose 0.23%, and the ChiNext Index rose 0.34%. In terms of northbound funds, Shanghai Stock Connect had a net outflow of 480 million in early trading, and Shenzhen Stock Connect had a net inflow of 316 million in early trading. A total of 56 stocks in the two cities have the daily limit (excluding ST and new stocks that have not yet opened), 18 stocks have not closed the daily limit, and the closing rate of the two cities is 75%. There are 8 consecutive stocks in the two cities. Among them, VR/AR concept stock Huanrui Century was promoted to the 5th board, infrastructure stock Huakong SEG, satellite navigation concept stock Infront Micro, retail stock Renrenle, logistics stock Tianshun Co., Ltd., sodium ion concept stock Chuanyi Technology, GPU concept stock Tianao Electronics , Satellite Navigation Concept Stock Bird Shares 2 Connected Boards. From the perspective of the plate, the satellite navigation plate has ushered in the daily limit today. Among them, GEM Shenyu, Huali Chuangtong, and Obit have achieved the daily limit of 20CM, and United Strong, 3D Communication, Yunding Technology, Infront Micro, Fiberhome Electronics, Shanghai Nursing, etc. Stocks rose by the limit. The rise of this sector is still driven by market participants who expect that the iPhone 14 may support satellite communications, which will bring incremental opportunities. Huatai Securities believes that with the continuous development and evolution of technology and increased policy support, satellite application scenarios represented by communications, navigation, remote sensing, etc. are increasingly enriched, gradually expanding from military needs to the civilian market, closely integrating industry applications, among which satellites are used. The constellation networking represented by the Internet has brought about a sharp increase in the demand for satellites. With the inclusion of satellite Internet in the "new infrastructure", the integrated air-space-earth network is accelerating, and the demand for various types of satellites continues to be strong, and the upstream satellite manufacturing industry chain will be the first to benefit. At present, the domestic satellite annual production capacity gap is 75%, and the industry demand is forcing the manufacturing speed up, and shortening the satellite development cycle has become a rigid demand in the industry. The GPU sector in chips led the gains again. Among them, the Cambrian Science and Technology Innovation Board achieved a daily limit of 20CM, and Haiguang Information, Jingjiawei, and Loongson Zhongke were among the top gainers. On the news, on August 31st (Wednesday) Eastern Time, the graphics processing chip giant Nvidia (Nvidia) issued an announcement that the company has received an official notification from the United States that if it exports two products to customers in China (including Hong Kong, China) and Russia High-end GPU chips - A100 and H100, require a new export license. With its high parallel structure advantage, GPU prioritizes the optimization of throughput and is more suitable for parallel processing of set data, so it is more efficient than CPU in processing graphics data and complex algorithms. From the perspective of the global competition pattern, the global GPU market has now formed an oligopolistic competition situation of AMD, NVIDIA, and Intel. There are also emerging forces such as Jingjiawei, Loongson Zhongke, Holi Technology, and Haiguang Information. The concept of Metaverse was active during the session, among which 263, Aofei Entertainment, Sanlipu daily limit, Jiachuang Video, Huayang Lianzhong, Zhifang, Su Daweige, United Optoelectronics and other stocks were among the top gainers. In the news, the Shanghai Municipal Leading Group Office for Urban Digital Transformation announced that the Joint Research Institute of Metaverse and Virtual Reality Interaction was selected as the Shanghai Urban Digital Transformation Innovation Base, and China's first provincial and municipal new Metaverse R&D institution was born. CICC Securities believes in a recent research report that although games and the metaverse are not equivalent, the virtual identities, virtual activities, social relationships and economic systems in the game world are in line with the basic elements of the metaverse; while VR/AR The gradual popularization of equipment and its integration into games will help improve the interactive experience and increase the innovative direction of virtual-real integration. In the medium and long term, as the primary application of Metaverse interactive technology, VR/AR games are expected to open up more development space in the long run under the growth spiral of "hardware + content". The robotics sector ushered in a collective rebound in early trading today. Among them, Zhongli De, Aofei Entertainment, Wenyi Technology, and Saixiang Technology daily limit, Green Harmonic, Mingzhi Electric, Jiangsu Beiren, Saiwei Intelligent and other early-stage popular stocks rose by more than 5 %. Sinolink Securities believes that the next generation of intelligent terminals has broad prospects, and the global market space in the next 10 years will be about 14 trillion yuan. Comparing with smart cars, humanoid robots will increase the demand for sensors, chips, intelligent networking, and navigation, and their perception capabilities should be comparable to autonomous driving L4 or above. Cloud computing infrastructure and AI algorithms help humanoid robots become intelligent. However, from the perspective of the disk, after the continuous correction in the early stage of the robot sector, the medium-term trend of most of the internal stocks has weakened. At present, it is regarded as a short-term decline and rebound, and the continuity remains to be seen. In general, the concept of satellite navigation ushered in a full-scale outbreak today, with more than 10 individual stocks in the sector hitting the daily limit. Driven by it, 5G, communication equipment, chips, consumer electronics and other directions also strengthened during the session. On the other hand, branches such as track-oriented robots and integrated die-casting took the lead in ushering in a restorative rebound. However, it should be noted that the yellow and white lines in the market today are clearly differentiated. Against the background of nearly 3,700 individual stocks rising, the three major stock indexes only closed slightly in the red, and the weighted blue chips formed a significant drag on the index. However, the volume in the early trading today can shrink again, indicating that the market is still in the stage of the stock game, and the daily limit of satellite navigation has not yet attracted enough incremental funds to enter the market to hunt for the bottom. Under the effect of capital crowding out, this also explains why the blue-chip weights fell again in the context of strong low-level themes. Therefore, the key in the afternoon is whether the volume and energy can be effectively amplified. Once it is still unable to follow up the strength and continuity of the subsequent index rebound in time, there are still doubts. Noon daily limit analysis Figure 2. [Market News Focus] 1. According to the website of the Development and Reform Commission of Inner Mongolia Autonomous Region, the local preferential electricity price policy will be cancelled from September 1, 2022. In early trading today, Inner Mongolia Huadian once hit the daily limit, up more than 6% as of press time. Regarding whether the cancellation of preferential electricity prices in Inner Mongolia is good for Inner Mongolia Huadian, a relevant person from the investor relations department of Inner Mongolia Huadian said that the policy has no impact on the company. The settlement between the power plant and the grid is not affected. The person explained that we are the power generation side, and the settlement (price) between us and the grid has not changed, but the settlement price between the grid and end users has changed. (21 Finance) 2. Financial Associated Press reported on September 2, the Beijing Municipal Human Resources and Social Security Bureau recently released the "National Service Industry Expanding and Opening-up Comprehensive Demonstration Zone and China (Beijing) Free Trade Pilot Zone Construction Human Resource Development Catalogue (2022) year edition)". Among them, it is mentioned that the key development industries in Beijing include new generation information technology, integrated circuits, medicine and health, intelligent equipment, energy saving and environmental protection, new energy intelligent vehicles, new materials, software and information services, artificial intelligence, etc.

(Responsible editor:Aerospace stock)