►CCTV News: Since June, the maximum electricity load in the State Grid operating area has exceeded 844 million kilowatts, and the electricity load in the northwest, north China and other regions has grown rapidly, compared with the highest electricity load in the same period last year, the growth rate has reached 8.81% and 3.21% respectively. In addition, at 22:08 on June 19, the maximum power load of Henan Province's power supply reached 65.34 million kilowatts, a record high, an increase of 190,000 kilowatts compared with the historical maximum load of 65.15 million kilowatts.
► Same-trip travel: Domestic tourism demand is expected to be repaired this summer, and the number of trips is expected to recover to more than 70% in the same period in 2019. In the first half of June, ticket sales for domestic scenic spots rose by 44% compared with the second half of May, and ticket sales rose by 31% month-on-month.
Macroeconomic
1, the central bank: In June, the 1-year LPR was 3.7%, the 5-year LPR was 4.45%, and the 1-year LPR and the 5-year LPR were consistent with the previous month.
2. Ministry of Water Resources: From 12:00 on June 19 to 12:00 on June 20, a total of 85 rivers across the country had floods above the warning level. In the Pearl River Basin, 85 rivers, such as the Guiping River section of the main stream of the Xijiang River in Guangxi, the section from Pingnan in Guangxi to the Deqing River in Guangdong, the Guijiang River in Guangxi, and the Beijiang River in Guangdong, have floods above the warning level, with a super-warning range of 0.02-8.00 meters, of which 2 rivers have exceeded the flood.
3. Central Bank: Issued the Notice on Supporting Cross-border RMB Settlement of New Foreign Trade Formats to support banks and payment institutions to better serve the development of new foreign trade formats. Increase support for new foreign trade formats, and improve policies related to cross-border RMB business in new foreign trade formats such as cross-border e-commerce; Broaden the scope of cross-border business handling of payment institutions from trade in goods and trade in services to under the current account; Clarify the requirements for banks, payment institutions and other relevant business entities to expand their business and file for the record; Clarify the requirements for business authenticity review, anti-money laundering, anti-terrorist financing, anti-tax evasion and data reporting, etc., consolidate the responsibilities of banks and payment institutions, and prevent and control business risks. Effective July 21, 2022.
4. Meteorological Observatory: It is expected that from 08:00 on June 20 to 08:00 on June 21, parts of central and eastern Inner Mongolia, central and western Heilongjiang and other places will have thunderstorms of magnitude 8-10, local level 11 or above, strong winds or hail weather; Parts of central and northeastern Inner Mongolia, Heilongjiang and other places will have short-term heavy precipitation weather, with hourly rainfall of 30-60 mm and local areas of more than 70 mm.
NASA: The TESS mission discovered two "new worlds" that may contain rock minerals, two "super-Earth" discoveries just 33 light-years from the ground, and are one of the closest multi-planetary systems to us ever discovered. Scientists can use this discovery to understand the composition of exoplanets and assess their atmospheres, providing important clues for people looking for extraterrestrial life.
Real estate dynamics
1. Securities Times: Market sales picked up in the first half of June. From the beginning of June to June 17, the transaction area of new houses in 42 major cities increased by 49% month-on-month, of which the first, second and third-tier cities increased by 122%, 44% and 31% respectively. A number of interviewed housing enterprise insiders and market participants also mentioned that recent sales have been significantly repaired.
2. Guangzhou City: Issued a phased support policy for housing provident fund, which is provisionally valid until December 31, 2022. If the depositor, his spouse and minor children do not have their own property rights in the administrative area of this city and rent a house to live by themselves, and there is no lease contract or the lease contract is not registered for the record, the rental withdrawal limit is increased from 600 yuan per person per month to 900 yuan.
3. Chengdu City: Some regulations on the loan of the same urban provident fund have been optimized and adjusted. Among them, the minimum down payment ratio for the purchase of the first house to apply for the same urbanization provident fund loan will be adjusted from 30% to 20%; For the purchase of a second house and the application for a provident fund loan from the same city, the minimum down payment ratio will be adjusted from 40% to 30%.
Stock market inventory
1. On Monday, the Shanghai Composite Index reported 3315.43 points, down 0.04%, with a turnover of 527.752 billion. The Shenzhen Composite Index reported 12487.13 points, up 1.27%, with a turnover of 636.707 billion. The ChiNext index reported 2710.14 points, up 1.99%, with a turnover of 220.739 billion. In general, individual stocks rose more than they fell, and more than 3100 stocks in the two cities rose, and more than 100 stocks rose or rose by more than 10%. The turnover of the two cities was 1,164.5 billion yuan, which was 71.1 billion yuan higher than the previous trading day. On the plate, kitchen and bathroom appliances, automotive thermal management, wind power, energy storage and other sectors rose in the front, and coal, oil and gas, glyphosate, fertilizer and other sectors fell in the front. Northbound funds sold a net of 9.703 billion yuan throughout the day; of which the Shanghai Stock Connect sold a net of 4.632 billion yuan and the Shenzhen Stock Connect sold a net sale of 5.071 billion yuan.
On Monday, the Hang Seng Index rose 0.42% to 21163.91 points. The Hang Seng Technology Index rose 0.09 percent at 4,657.37 points. The index of state-owned enterprises rose 0.43% to 7399.6 points. Real estate stocks rose sharply, with Jiayuan International Holdings up more than 73%, China Resources Land up more than 8%, Country Garden up more than 7%, and Longhu Group up more than 5%. Auto stocks moved higher, with Xiaopeng Motors up more than 13 percent. New Oriental Online closed down 32%. Net inflows of southbound funds amounted to HK$312 million. Among them, the net outflow of Hong Kong Stock Connect (Shanghai) was HK$44 million, and the net inflow of Hong Kong Stock Connect (Shenzhen) was HK$356 million.
3. As of June 20, there were 99 listed companies on the Beijing Stock Exchange, and 1 new one was added on the same day. The total market value is 205.988 billion yuan, and the transaction amount is 580 million yuan.
4. Financing balance of the two cities: As of June 17, the financing balance of the Shanghai Stock Exchange was reported at 793.940 billion yuan, a decrease of 1.817 billion yuan from the previous trading day; the financing balance of the Shenzhen Stock Exchange was reported at 682.998 billion yuan, a decrease of 276 million yuan from the previous trading day; and the total of the two cities was 1476.938 billion yuan, a decrease of 2.093 billion yuan from the previous trading day.
5. Securities Daily: The number of wealth management subsidiaries under the national joint-stock bank has increased to 9. As the A-share market continues to rebound, the overall net value of the products of bank wealth management subsidiaries has "picked up" significantly. At the end of March, the number of "net-breaking" bank wealth management subsidiary products reached 1680, and as of June 19, the number was less than 1,000.
6. Tencent Holdings: Sold 74.6 million shares of New Oriental Online on June 15-16, the average price of the reduction on June 15 was HK$9.62, and the average price of the reduction on June 16 was HK$9.68, and the shareholding ratio after the reduction was reduced from 9.04% to 1.58%.
7. Company No. 9: Shareholders Sequoia, People Better and Shunwei, three depositary receipt holders, intend to reduce the number of depositary receipts to the total number of depositary receipts, the total proportion of the total number of depositary receipts is not more than 11%.
8. Alcoholic liquor: Launched the first set of alcoholic liquor shareholders' meeting commemorative liquor, from June 26 to July 2, for shareholders to sell in limited quantities. Commemorative liquor is only available to the shareholders of the alcoholic liquor company, that is, the shareholders of the liquor company registered at the close of the market on the afternoon of June 20 can purchase it, and institutional and individual investors are limited to one set per account.
9. Yinbang shares (2 consecutive boards): issued a change announcement that in 2021, the operating income in the field of new energy vehicles will be 534 million yuan, accounting for 16.72% of the annual operating income, and there will be no direct supply to Ningde Times in 2021.
10. Science and Technology Innovation Source (2 consecutive boards): Issued an announcement of change, in 2021, through the holding subsidiary Litetech to carry out new energy-related thermal management business, and in 2021, a blow-up liquid cold plate production line and a brazed liquid cold plate production line will be newly built. Riteco's current new energy business is still in the stage of capacity ramp-up and expansion, and it is not expected to have a significant impact on the financial position and operating results of 2022.
11. Zhejiang Shibao (6 consecutive boards): Announced the change, the controlling shareholder, Zhejiang Shibao Holding Group Co., Ltd., reduced its holding of 15.7928 million A-share shares of the company through a block transaction on June 20, accounting for 4.62% of the number of shares it held and 2% of the total share capital.
12. ST Dehao: It is believed that Wang Donglei, the former actual controller, is suspected of taking advantage of the identity of the chairman, legal representative and actual controller of the listed company to embezzle the assets of the listed company and betray the interests of the listed company, and has reported the case to the public security organs on the suspected illegal and criminal acts of the original actual controller.
13. Xinke Materials: The controlling shareholder, Chuanshan Culture, plans the transfer of the share agreement, which may lead to a change of control. Trading in the stock was suspended from the opening of the market on the morning of June 21, and the suspension is expected to last no more than 2 trading days.
Wealth Focus
1, financial breakfast: hot spots do not stop, track you want to listen. Bitcoin's price is down nearly 70 percent from its all-time high, and cryptocurrencies have been "bloodwashed" over the past week, with their total market capitalization falling below the $1 trillion mark. What are the characteristics of different varieties? This decline is very rare, what are the main reasons? What are the implications for gold and digital currencies? U.S. assets are facing headwinds, what are the divergences between A-shares and U.S. stocks? Financial friends quickly paddle to the end of the article to check out today's financial secret tracking #cryptocurrency into the cold winter
2. WeChat: Recently, the Code of Conduct has added relevant provisions on digital collection trading behavior. The account number involves the issuance, transaction and financing related to virtual currency, and once discovered, the illegal public account is ordered to rectify and restrict some functions of the account until the processing of permanent suspension, and the account provides services or content related to the secondary transaction of digital collections, and also handles it in accordance with the specifications of this article.
Industry Watch
1. Development and Reform Commission: to further ensure the supply of electricity in the mainland and avoid the phenomenon of "pulling the gate and curtailing electricity", rational and proper measures should be taken. Based on the basic national conditions of coal-based, relevant support policies should be introduced to increase the supply of coal market; It is necessary to introduce relevant relief and development measures to support coal power enterprises to contribute more and full force; It is necessary to vigorously support the development of renewable energy sources such as wind power; Promote local governments to introduce and deploy orderly electricity consumption plans。
2, CITIC Securities: domestic rare earth resources reserves, production are the world's leading, high grade, after years of supply-side reform, the mainland rare earth industry from chaos to governance, from disorder to order, from dispersion to intensification, industry concentration continues to increase. The mainland has a perfect layout of the whole rare earth industry chain, the domestic rare earth projects are steadily advancing, and the mainland continues to consolidate the leading position of the mainland in the global rare earth industry chain, and the strategic allocation value of the rare earth whole industry chain is expected to continue to increase under the new situation, and the development of the rare earth industry chain has entered the fast lane.
3. Academy of Information and Communications Technology: In May, the domestic market shipments of mobile phones were 20.805 million units, down 9.4% year-on-year. Among them, 17.739 million 5G mobile phones, an increase of 6.0% year-on-year, accounting for 85.3% of mobile phone shipments in the same period. From January to May, the overall shipment of mobile phones in the domestic market totaled 108 million units, down 27.1% year-on-year. Among them, 5G mobile phone shipments were 86.207 million units, down 20.2% year-on-year, accounting for 79.7% of mobile phone shipments in the same period.
4, TrendForce: In the first quarter, the wafer foundry output value reached $31.96 billion, an increase of 8.2% from the previous quarter, slightly converging from the previous quarter. Among them, Hefei Jinghe Integration's revenue in the first quarter reached 440 million US dollars, an increase of 26.0% month-on-month, the highest growth rate of the top ten industry players, and also surpassed the tower semiconductor to jump to the ninth place, and narrowed the market gap between it and the eighth place in the world.
5. Securities Times: In the event of a shortage of natural gas, high prices, and new gas sources not being put in place quickly, Germany will significantly increase its use of coal to secure energy supplies before winter arrives. The suspended coal yard will be re-operated through emergency laws to meet the power supply. Germany will provide an additional €15 billion in credit lines to replenish gas reserves.
6. Shanghai Securities News: "Shanghai Hydrogen Energy Industry Development Medium and Long-term Planning (2022-2035)" was officially issued recently, by 2025, the overall industrial innovation capacity will reach the domestic leading level, and breakthroughs will be made in key technologies in the production, storage and transportation industry chain. About 70 hydrogen refueling stations of various types have been built, the number of fuel cell vehicles has exceeded 10,000, and the industrial scale of the hydrogen energy industry chain has exceeded 100 billion yuan.
7. International Development Knowledge Center: Releasing the first "Global Development Report", automated production lines, intelligent robots, etc. will replace a large number of workers engaged in repetitive and mechanical work, which may lead to the disappearance of large-scale traditional labor-intensive occupational positions. It is estimated that between 2020 and 2025, about 85 million jobs worldwide will be replaced by machines.
Company Highlights
1. Securities Times: From August, the internationally renowned toy brand Lego will raise the price of products. Lego said the price increase was due to rising costs due to rising prices for energy, logistics and raw materials over the past two years. Lego currently has about 600 products in total, and there will be about 25% of the product prices. As for the price increase, no specific information was disclosed.
2. China Securities Network: Recently, in order to better inherit and disseminate The excellent Chinese opera culture, Station B joined hands with Mei Lanfang Culture to release "Cheers! Peking Opera" Digital Collection. The collection is authorized by Mei Lanfang Culture Technology Co., Ltd., each collection is integrated with different Chinese opera elements, and there is also the classic appearance of Mr. Mei Lanfang, a "cultural giant", showing the beauty of Chinese opera and paying tribute to the national essence of culture.
Global vision
1. The Paper: British Rail is facing the largest strike action in more than 30 years. More than 40,000 railroad workers are scheduled to strike on June 21-25 to express their dissatisfaction with wage freezes and layoffs. Britain's high inflation has put enormous pressure on people's lives, and the outside world has begun to worry about the lives of British people.
2, the Baltic Dry Bulk Index: up 0.7% at 2596 points.
Financial data
domestic
1. New Third Board: On June 20, a total of 6718 companies were listed, an increase of 1 on the same day, and the transaction amount was 325 million. The three-board component index was reported at 1006.34, up 0.16%, with a turnover of 229 million.
2, domestic commodity futures: as of the afternoon close on June 20, most of the closing, iron ore fell to a halt, coke fell more than 11%, coking coal fell more than 10%, hot coil fell more than 6%, thread, crude oil, ethylene glycol fell more than 5%, ferrosilicon, thermal coal, fuel oil, asphalt, Shanghai tin fell more than 4%, methanol, low sulfur fuel oil, manganese silicon fell more than 3%, international copper, soybean oil, PVC, beans two, staple fiber fell more than 2%. Apples and dates rose more than 2 percent, and pigs rose more than 1 percent.
3. Treasury bonds: the main contract of 2-year treasury bond futures TS2209 fell by 0.05% to 100.955; the main contract of 5-year treasury bond futures, TF2209, fell by 0.13% to 101.270; and the main contract of 10-year treasury bond futures, T2209, fell by 0.21% to 100.185. The 10-year Treasury rate rose 1.01BP to 2.79%; The 10-year CDB rate rose 1.06BP to 3.00%.
4. Shanghai International Energy Exchange Center: On June 20, the main contract of crude oil futures 2208 closed at 692.9 yuan / barrel, down 36.9 yuan, a decline of 5.06%. All contracts were traded 401279 lots, and the open interest decreased by 5736 lots to 67551 lots. The main contract was traded 302822 lots, and the open interest increased by 1616 lots to 36648 lots.
5. Central bank: On Monday, a 7-day reverse repurchase operation of 10 billion yuan was carried out.
6. Shibor: 1.4180% overnight, up 0.40 basis points. The 7-day trade was 1.8290%, up 9.20 basis points. It was reported at 2.0000% in 3 months, with no rise or fall.
7. Renminbi: The onshore renminbi closed at 6.6860, up 0.2238%, and the midpoint of the renminbi was 6.7120, down 0.2944%. NDF: 6.6975 for 3 months, 6.6945 for 6 months, 6.6980 for 1 year, 6.7110 for 2 years.
8. Shanghai Environmental Exchange: On June 20, the national carbon market carbon emission quota listing agreement trading volume was 20 tons, the turnover was 1185.00 yuan, and the closing price was 59.25 yuan / ton, up 0.42%.
abroad
9. Asia: The Nikkei 225 index fell 0.74% to 25771.22 points. South Korea's KOSPI index fell 2.04 percent at 2391.03.
10, Europe: the British FTSE 100 closed up 1.50% at 7121.81 points; the German DAX30 index closed up 1.06% at 13265.60 points; the French CAC40 closed up 0.64% at 5920.09 points.
11. Gold: COMEX August gold futures closed up 0.01% at $1840.7 an ounce.
12, crude oil: WTI August crude oil futures closed up 0.82% at $108.8 / barrel; Brent August crude futures closed up 0.96 percent at $114.2 a barrel.
· Cryptocurrency into the winter ·
► CoinGecko: On June 19, Bitcoin lost the $18,000 mark, the lowest price since December 2020. Cryptocurrencies have been "bloodbathed" in the past week, and the total market value has fallen below the $1 trillion mark, which some media have called the "Lehman moment" of the currency circle. Of the top 100 cryptocurrencies by market capitalization, 72 have fallen 90% or more from their historical peaks, and cryptocurrencies with larger market capitalizations have seen relatively small declines. Nine of the top 10 cryptocurrencies by market capitalization fell by less than 90 percent, bitcoin fell 70 percent from its all-time high of $69,000, and Ethereum fell about 78 percent from its all-time peak.
► China Chief Finance: The decline in virtual currencies is very rare, and there are three main reasons for the analysis. First, multiple cryptocurrency platforms suspended transfers, especially the crisis in Celsius, one of the world's largest cryptocurrency lending platforms, or caused a chain reaction in the cryptocurrency market, accelerating the flight of investors in the cryptocurrency circle; Second, the market's fears of recession have intensified, the United States raised interest rates in June 75bp boots landed, overseas liquidity tightening expectations heated up, risk appetite declined, safe-haven funds have flowed out of cryptocurrencies and other high-risk assets, exacerbating the downward momentum of cryptocurrency prices; Third, the control of cryptocurrencies by global central banks has also brought greater pressure on cryptocurrencies.
► Zhongtai Securities: The Fed's reversal of the inflation cycle requires raising the federal funds rate to 6%, far exceeding the current market consensus. Risk asset volatility is likely to increase, and gold will be an effective tool to reduce portfolio volatility. Gold and silver prices are under pressure in the short term, but long-term economic fluctuations will support future price movements in precious metals. The international gold price is still around $1840/oz and is still earning positively year-to-date. In addition, the plunge in bitcoin and other places is good for digital currencies that are supported by policies. Rectifying illegal currencies naturally requires simultaneous support for legal digital currencies to replace their markets.
► Guotai Junan: Cryptocurrency market volatility has suppressed U.S. stocks, and the external environment facing A-shares is more complex. There are general concerns in the market that it will drag down A shares, but in fact, the trend of A shares and US stocks is clearly diverged. The reason is that the United States is in a headwind of economic cycle slowdown + high inflation + financial cycle tightening, and stocks and debt are killed. On the contrary, China is entering a tailwind situation of economic cycle repair + low inflation + financial cycle expansion, and the relative change in cycle phase expectations gives A shares a comparative advantage. Attaching importance to the investment style from performance certainty to high performance growth, it is recommended that the next stage emphasizes more structure and actively lays out the target of high performance growth. Optimistic about technology growth and consumption recovery.