NO.1 Premier Li Qiang of the State Council met with Japanese Foreign Minister Lin Fangzheng, who was visiting China, at the Ziguang Pavilion in Zhongnanhai on the 2nd. Li Qiang said: Safeguarding and developing Sino-Japanese friendly and cooperative relations conforms to the fundamental interests of the two countries and peoples. This year marks the 45th anniversary of the conclusion of the Sino-Japanese Treaty of Peace and Friendship. The two sides should abide by the spirit of the treaty and firmly work to develop lasting peaceful and friendly relations between the two countries. It is hoped that Japan and China will meet each other halfway, strengthen dialogue and cooperation, properly manage differences, and jointly promote the construction of China-Japan relations that meet the requirements of the new era. Major issues of principle, such as history and Taiwan, have a bearing on the political foundation of bilateral relations, and should be treated with sincerity, with trust, and properly handled. As important economic and trade partners, China and Japan should achieve a higher level of mutual benefit and win-win results. Lin Fangzheng said that Japan and China have great potential for cooperation in a wide range of fields, and Japan is willing to work with China to implement the important consensus reached by the leaders of the two countries, maintain high-level exchanges, and build constructive and stable Japan-China relations. (CCTV)
On April 2, 2023, State Councilor and Foreign Minister Qin Gang held talks with Japanese Foreign Minister Fangzheng Lin in Beijing. Qin Gang said that peaceful coexistence and friendly cooperation are the only correct choice for Sino-Japanese relations, which is the profound enlightenment given to us by the half-century course of bilateral relations. The United States once used bullying to brutally suppress the Japanese semiconductor industry, and now it is repeating its old tricks against China. Do unto others as you would have them do to you. Japan's skin aches are still there, and the tiger should not be helped. Lin Fangzheng said that Japan is willing to work with China to implement the important consensus reached by the leaders of the two countries and jointly make positive contributions to regional and world prosperity and stability as a responsible country. Regarding the case of a Japanese citizen engaged in espionage activities in China, Qin Gang stressed that China will handle it according to law. (Ministry of Foreign Affairs website)
NO.On April 2, the China Electric Vehicle 100 Forum (2023) continued to be held in Beijing.
Fan Wenguang, vice president of Shenzhen BAK Power Battery Co., Ltd., said that large cylindrical batteries will be an important part of the high-quality development of the new energy vehicle industry chain, and are expected to achieve large-scale use from 2026 and basically form a standard configuration by 2030.
Zhang Qiang, chairman of Xinchi Technology, said that the tide of automobile price reduction provides opportunities for domestic chip companies such as Xinchi, and hopes that users of 100,000 yuan and 200,000 yuan models can enjoy intelligent driving, intelligent cockpit and other experiences.
Sun Shigang, an academician of the Chinese Academy of Sciences, said that the development of hydrogen fuel cells has led to the development of catalysts with higher catalytic activity and stability. And commercializing applications is key.
Wang Yu, chairman of Funeng Technology, proposed to implement a "time-limited retirement" system for electric vehicles, such as stipulating that 10 or 15 years to withdraw from the market, to avoid uncontrollable risks such as fire caused by power batteries.
Liu Jincheng, chairman of Huizhou EVE Lithium Energy Co., Ltd., said that the battery industry should be oriented to internationalization, in terms of global manufacturing, global services, global cooperation, etc., Chinese battery companies should not still adopt the way of not covering the bottom in the world, but should position themselves in credible, reliable and harmonious development.
Wang Yu, chairman of Funeng Technology, said that the actual cost of lithium carbonate is about 30,000 yuan / ton, and the price is expected to fall further, and it is not impossible to drop below 100,000 yuan per ton in the future.
Xu Changming, deputy director of the State Information Center, said that based on the current market judgment, market driving forces will play an increasingly important role in the future development of electric vehicles, but the sustained and healthy operation of the electric vehicle market still needs appropriate policy support.
Xu Lin, CTO of Cialis Group and president of Cialis Automobile (Rotation), said that Cialis is led by Cialis, and Huawei's deep empowerment is two different things from Huawei's car manufacturing. (per combined)
NO.3On the morning of April 2, the second meeting of the Standing Committee of the Seventh People's Congress of Hainan Province closed. The meeting decided to appoint Liu Xiaoming as vice governor of the provincial people's government, accept Shen Xiaoming's resignation as chairman of the Standing Committee of the Seventh Hainan Provincial People's Congress, accept Feng Fei's resignation from the post of governor of the Hainan Provincial People's Government, and decide that Liu Xiaoming will be the acting governor of the Hainan Provincial People's Government. (Hainan News Network)
The Second Meeting of the Standing Committee of the 14th Jilin Provincial People's Congress decided on April 2 to accept Han Jun's resignation as governor of Jilin Province and appoint Hu Yuting as vice governor and acting governor of Jilin Province. (Xinhua News Agency)
NO.4 Singapore Prime Minister Lee Hsien Loong paid an official visit to China from March 27 to April 1, 2023 in conjunction with attending the opening ceremony of the Boao Forum for Asia Annual Conference 2023. On the morning of April 2, local time, Lee Hsien Loong posted on social media Twitter that he had returned to Singapore and that his visit to China was "very fruitful." Lee Hsien Loong tweeted, "After a week-long trip to China, I have returned home." The visit to Guangzhou, Boao (Boao Forum for Asia) and Beijing was fruitful. I am glad that this visit has opened up a brand-new, positive and forward-looking development path for bilateral relations. The tweet also included signs of Singapore and Chinese flags, as well as a photo of Tiananmen Square outside the Great Hall of the People. (Global Network)
NO.5 According to Japanese media reports, the famous Japanese musician Ryuichi Sakamoto died on March 28 at the age of 71. A world-class musician and premier film scorer, he has created many classic musical works, won numerous awards throughout his life, and is known as the "Godfather of New Music". In 1988, he became the first Japanese to win the Academy Award for Best Original Score for the soundtrack of The Last Emperor, and Ryuichi Sakamoto has also written the soundtracks for classic films such as "The Story of the Cat", "The Revenant" and "Call Me by Your Name". (per combined)
NO.64 On April 2, Jiangsu Yancheng Wildlife World issued an announcement that the "Standing in the tent with the tiger" activity was suspended due to force majeure! "The original intention was to keep the white tiger in a designated area and carry out it while ensuring the safety of the guests and inviting the relevant departments to come and evaluate. Due to the uncontrollable nature of wild white tigers, new objects are very repulsive, and the tent is torn apart in an instant, resulting in the inability to carry out the activity normally. Earlier, the wildlife world released a news that it would reward 100,000 yuan per hour to enjoy the beast tent. (per combined)
NO.74 On April 2, according to a number of Thai media reports, the Bang Mae Nang police station in Nonthaburi Province, Thailand, received a report that a plastic bag containing a female corpse was found in the lotus pond ditch near the local Ton Chuek Salaya Temple. The police initially judged that the time of death was about 3-4 days, and the body had a large number of signs of abuse, and the police initially determined that the deceased was Jin Can, a Chinese female student, who was kidnapped and ransomed and killed and dumped. On March 29, the deceased's father in China received a photo of his daughter with her hands and feet tied, and the other party asked for 500,000 yuan. Currently, the case is under investigation. The suspects, three Chinese men, have fled back to China. (per combined)
NO.8 The Central Meteorological Observatory continued to issue a blue warning of heavy rain at 18 o'clock on April 2: It is expected that from 20 o'clock on April 2 to 20 o'clock on April 3, there will be heavy to heavy rain in southern and central eastern Hubei, northern Hunan, western Anhui, Henan, western Shanxi, eastern Shaanxi and northern Guangxi, western and northern Chongqing, among which, there will be heavy rainstorms (100~150 mm) in southeastern Henan, central and eastern Hubei, northern Hunan and other places. Some of the above areas are accompanied by short-term heavy precipitation (maximum hourly rainfall of 20~50 mm, local can exceed 60 mm), local thunderstorms, winds, hail and other strong convective weather. Parts of central Inner Mongolia have heavy to heavy snowstorms, local heavy snowstorms. (Central Meteorological Observatory)
NO.94 On April 2, the Gaizhou City Public Security Bureau of Liaoning Province reported that at 10 a.m. on March 31, a forest fire broke out on the back slope of Yangshan Mountain, Yanyu Village, Gaizhou Sun Rising Office. After careful investigation by the public security organs, the case has now been solved. The forest fire was caused by He, a resident of Bayuquan District, burning incense for his father's grave. Criminal suspect He is suspected of the crime of fire, and has been taken criminal compulsory measures by the public security organs in accordance with the law, and the case is being further investigated. (Heian Gaiju)
NO.10 International News
Saudi Arabia will implement a voluntary 500,000 b/d production cut from May until the end of 2023. Russian Deputy Prime Minister Alexander Novak said Russia will voluntarily cut oil production by 500,000 b/d until the end of 2023. Iraq's oil minister said Iraqi oil production would be cut by 211,000 b/d from May. Kuwait will voluntarily cut oil production by 128,000 b/d starting in May until the end of 2023. The UAE oil minister said it would voluntarily reduce oil production by 144,000 b/d from May to the end of 2023. Kazakhstan will contribute 78,000 b/d to OPEC+ production cuts, according to Kazakhstan's energy ministry. Algeria will cut oil production by 48,000 b/d from May to the end of 2023. Oman's energy and mines ministry said it would voluntarily reduce oil production by 40,000 b/d starting in May until the end of 2023. The total reduction was more than 1.6 million b/d.
On April 2, local time, the mayor of St. Petersburg, Russia, said that the number of people injured in the coffee shop explosion that day had risen to 25, of which 19 people were hospitalized for treatment. On the same day, an explosion occurred in a coffee shop on Vasily Island in St. Petersburg, Russia, killing one person and injuring many others. According to what the reporter learned from the scene, the explosive device was brought into the coffee shop by a young woman, there were no security personnel and security equipment inside the coffee shop, and the suspect activated the explosive using radio remote control. The woman who entered the coffee shop with explosives was also injured in the blast and is currently under police control, according to local media. Another female suspect may also be involved in the bombing.
German Defense Minister Pistorius said April 1 that the Bundeswehr's equipment gap widened after supplying Ukraine with a large number of weapons. He said that in addition to the promised military support projects, Germany will no longer take weapons from its stockpiles to support Ukraine.
According to the Russian Satellite News Agency on April 2, the Russian Foreign Ministry said that Russian Foreign Minister Sergei Lavrov spoke by phone with US Secretary of State Antony Blinken. The Russian Foreign Ministry did not elaborate on what the two senior diplomats discussed during the call, Sputnik said.
In a village in the province of Antioquia in northwestern Colombia, local residents pan for gold in murky rivers using rudimentary equipment, and some people can mine 2 kilograms a day with professional equipment. It is understood that for every 1 gram of gold extracted, 5-7 grams of mercury will be used, which greatly pollutes local water resources. Colombian President Gustavo Petro said, "We will never allow our land to be destroyed by illegal groups to satisfy their greedy desires at the expense of the local population and the environment." ”
According to Reuters local time on April 2, the southern and central western regions of the United States have been hit by tornadoes in recent days, which have killed at least 29 people. According to a statement released by the White House, US President Biden declared a state of emergency in Arkansas on the 2nd and ordered federal assistance to help Arkansas recover in areas affected by severe storms and tornadoes on March 31.
China Earthquake Network officially determined that a 6.1-magnitude earthquake occurred in the South China Sea (6.50 degrees north latitude, 115.80 degrees east longitude) at 03:32 on April 03, with a focal depth of 600 kilometers.
China Earthquake Network officially determined that a 7.1-magnitude earthquake occurred in Papua New Guinea (4.25 degrees south latitude, 143.10 degrees east longitude) at 02:04 on April 03, with a focal depth of 60 kilometers.
(Comprehensive CCTV news, interface, etc.)
Sports news
Recently, after a unilateral investigation by data agency Sportradar, a report called "Betting Corruption and Match-Fixing Fraud 2022" was released, which attacked many sporting events around the world last year, including 62 table tennis matches suspected of match-fixing. In this regard, Liu Guoliang, the first vice president of the ITTF and chairman of the board of directors of the WTT World Table Tennis Federation, said that the ITTF has clearly pointed out in the statement that the controversial matches involving table tennis projects in the relevant reports recently released by Sportradar are not related competitions supervised by the ITTF and WTT. Some self-media accounts abuse data, distort facts, and spread false information on online platforms, which has a negative impact on WTT World Table Tennis Federation and related events. This kind of fabrication of false information out of thin air in order to win attention is extremely bad. (per combined)
NO.1 BYD (SZ002494, stock price 256.02 yuan, market value 745.3 billion yuan): announced on the evening of April 2 that the company's new energy vehicle sales in March 2023 were 207,080 units, and the cumulative sales this year were 552,076 units, a year-on-year increase of 92.81%. BYD also disclosed that it sold a total of 13,312 new energy passenger vehicles overseas in March 2023, and the total installed capacity of new energy vehicle power batteries and energy storage batteries in March was about 9.891GWh.
NO.2 Hulu: Recently, the news of Hulu Beijing's layoffs flooded the Internet. According to the data, as an American streaming giant, Hulu was founded in 2007 and is headquartered in Los Angeles, USA, and is one of the most popular video websites in the United States. Lin Fan, founder and CEO of Pulse, revealed that after the news came out, a large number of headhunters, large factory HR, and AIGC startups opened the rush mode of hiring people at Pulse, and the number of resume visits of Hulu Beijing employees directly soared by 120 times. In terms of salary, major factories are competing to increase the number of high-salary poaching, with an average monthly salary of more than 50,000 yuan, up to 100,000 yuan. (per combined)
NO.3 Nangang (SH600282, stock price 3.89 yuan, market value 23.98 billion yuan): announced on April 2 that Xinye Steel plans to increase its capital by 13.58 billion yuan to Nangang Group, holding 55.25% of its equity and becoming the controlling shareholder of Nangang Group; On the same day, Nangang Group decided to exercise the pre-emptive right and purchase 60% of the shares of Nanjing Steel Union, the company's controlling shareholder, from the shareholders of Foxing. After the completion of the transaction, Nanjing Iron and Steel Group will hold 100% of the equity of Nanjing Steel Union and become the indirect controlling shareholder of the company, and the actual controller of the company will be changed from Guo Guangchang to CITIC.
NO.4 BILIBILI (stock price $23.5, market value $9.638 billion): On April 2, a group of B site creators (i.e. UP owners) posted videos that temporarily stopped updating, saying that they would not upload new content in the short term. Related news is on the hot search. It is reported that for the reasons for the stoppage, many UP owners said that the platform's income has decreased and it is difficult to balance income and expenditure. Some creators said that the reward mechanism of station B has been greatly adjusted this year. The reporter noted that Station B had just released its 2022 annual report, and the loss for the whole year further expanded. (SSE Report)
NO.5 More than 10 billion quantitative private equity core investment research and departure? Latest response: Recently, rumors of the departure of a number of tens of billions of quantitative private equity core investment researchers have exploded in the private equity circle, allegedly involving investment managers, strategy directors and other positions. The reporter verified the information with relevant private equity institutions, and Qianxiang Asset Management and Bailu Asset Management responded that there were indeed individual investment research departures at the end of last year or the beginning of this year, but they had little impact on strategy and performance; Skyshow Capital denied the resignation rumors. Private equity believes that the core competitiveness of quantitative private equity is the ability to iterate on strategy, and the loss of investment and research talents will have an impact on the company's development, especially the core positions. (China Fund News)
NO.6 Xiabu Xiabu (HK00520, stock price HK$7.16, market capitalization HK$7.777 billion): Xiabu Xiabu has just released its 2022 annual results announcement showing that Xiabu Xiabu closed 81 Xiabu Xiabu restaurants in 2022. Xiabu Group explained that the reason for the closure of these restaurants is that most of them generate losses, most of them do not conform to the "cost-effective" model promoted by Xiabu Xiabu, and their models do not properly reflect the brand image. Not long ago, Xiabu Group's Mingyang hot pot store was also notified by the Shanghai Municipal Administration for Market Regulation because of the lack of two pounds of dishes. (per combined)
NO.7 Zhongpet shares (SZ002891, stock price 23.71 yuan, market value 6.973 billion yuan): The "Announcement on the Shareholding of the Top 10 Shareholders and Top 10 Shareholders with Unlimited Sale Conditions in Repurchase Matters" issued by Zhongpet Shares, a well-known domestic pet food company, at the end of March this year, revealed that Chaos Tiancheng Asset Management-Ge Weidong-Chaos Tiancheng Select Strategy No. 6 Single Asset Management Plan entered the list of the top ten circulating shareholders of the company, holding 1.7236 million shares and holding a market value of 41.263 million yuan. This is a rare time that Ge Weidong has entered the list of shareholders of listed companies in the form of asset management products, and he has mostly bought them in his personal name. But his sister Ge Guilan quit the company's top 10 shareholder in March this year, after holding Zhongpet shares for six quarters.
NO.8 Tesla (TSLA, stock price $207.46, market value $656.4 billion): On April 2, the official micro announced that it will launch new charging products on April 3. According to reports, the product is manufactured by a one-piece stamping forming process and has a high-strength low carbon steel box. In addition, Tesla released data showing that in the first quarter of 2023, Tesla produced more than 440,000 electric vehicles worldwide and delivered more than 422,900 electric vehicles. Tesla will announce its financial results for the first quarter of 2023 after the market closes on Wednesday, April 19, 2023. (per combined)
NO.9 JOLED, a major panel manufacturer in the Japanese system: recently filed for bankruptcy. The panel giant, with total debt of 33.7 billion yen, has filed for bankruptcy protection with the Tokyo District Court. In addition, JOLED will close two factories and lay off about 280 employees. It should be noted that China Star Optoelectronics, a subsidiary of domestic panel giant TCL Technology, also invested 2 billion yuan in JOLED in 2020 in order to achieve a breakthrough in the direction of printing OLED technology. To this end, TCL Technology confirmed an impairment provision of 319 million yuan in its 2022 annual report. (China Fund News)
NO.10 Google (GOOGL, $103.73, $617.8 billion): After almost four months of ChatGPT, GOOG's chatbot Bard finally arrived belatedly at the end of March. Google CEO Sundar Pichai recently said in an interview with the Hard Fork podcast that Bard will upgrade from a lightweight LaMDA-based model to a larger-scale PaLM model, an artificial intelligence language model focused on providing conversations. (per combined)
Investment interaction
"Zero investment simulation stock trading, positive return can be awarded", every APP Nugget Investment Competition is in progress, please pay attention.
Last week's stock market summary:
Last week, the A-share Shanghai Composite Index rose 0.22% to close at 3272.86 points, the Shenzhen Component Index rose 0.79% to close at 11726.40 points, and the ChiNext Index rose 1.23% to close at 2399.50 points. The value style sector represents the index SSE 50, CSI 100 and CSI 300, up 0.33%, 0.57% and 0.59% respectively, while the growth style sector represents the index SME 100, CSI 500 and CSI 1000 up 1.22%, 0.47% and 0.11% respectively.
Stock Market Predictions for the Week:
Caixin Securities analysis pointed out that as the risk margin of the global financial market eases, panic has eased, risk appetite has been revised upward, and risk assets may recover in the short term. In terms of Hong Kong stocks, Hong Kong stocks have ushered in allocation opportunities thanks to multiple benefits such as the end of the Fed's interest rate hike, improved liquidity expectations and significant recovery momentum in the mainland. In terms of A-shares, the policy low has passed, economic data has verified the weak pace of economic recovery, coupled with the central bank's RRR cut to boost market confidence, A-shares are expected to fluctuate to the upside.
This week, 17.277 billion yuan of restricted stocks with a market value were lifted, and Minlida ranked first with 6.056 billion yuan
From the perspective of the market value of the lifting of the ban, April 7 is the peak period of the lifting of the ban, and the total market value of the three companies is 8.019 billion yuan, accounting for 46.41% of the scale of the lifting of the ban this week. According to the closing price on March 31, the top three by market value of the lifting of the ban are: Minlida (6.056 billion yuan), Zhongke Chuangda (3.261 billion yuan), and Zhongfu Shenying (2.05 billion yuan). In terms of the number of unbanned individual stocks, the top three unbanned shares are: Minlida (134 million shares), Heshun Petroleum (112 million shares), and surveying and mapping shares (72 million shares).
IPO opportunities
This week, 10 new shares will be issued in A-shares, including 2 on the BSE and 4 on the Science and Technology Innovation Board. Among them, the April 4 issue is Huashu Hi-Tech, Wangcheng Technology; On April 6, it was issued by Everbright Tongchuang, Suochen Technology, Hengshang Energy Conservation, Sentai Co., Ltd., and Dier Chemical; On April 7, it was released by North Changlong, Gaohua Technology, and Qizhong Technology.
GF Strategy Team: This round of "AI+" is similar to the "Mobile Internet +" in 2013:(1) The first wave of "AI+" in this round has increased its volatility, but the trend has not changed; (2) Under similar markets, the first correction in the market is not large; (3) In the medium and long term, the market space is large, the time span is long, and "profit confirmation" is important but not a decisive condition for market sustainability. GF Strategy believes that this round of "AI+" market may show its sharp corners.
Per reporter: Wang Fan, Liu Mingtao
Per editor: Zhang Yangyun, Wang Xiaobo
Disclaimer: The content and data of the article are for reference only and do not constitute investment advice. Investors do so at their own risk.
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