The most important thing about investing is the time period. The role of the four elements of price, volume, time and space in trading is fully considered, and the time period is the key to the success or failure of trading. No matter what kind of investment product, always consider how long the market has risen from the extreme low, or how long it has fallen from the extreme high.
Latest price: 2962.24, change amount: 22.95, change or decrease: 0.78%; Volume: 311 million lots, Turnover: 339.9 billion, turnover rate: 0.69%.
Leading the industry
1. Textile and garment: increase: 4.52%; Up: 100; Declines: 2; Leading gainers: Hasson shares; Increase: 10.00%.
2. Household light industry: increase: 4.22%; Gains: 27; Declines: 2; Leading stocks: Bright Moon Lenses; Increase: 11.80%.
| name | Latest | Rise % | Change | amount billion |
| Shanghai | 2962.24 | 0.78 | 22.95 | 3399.02 |
| Deep evidence | 9483.9 | 0.61 | 57.93 | 4641.60 |
| GEM refers to | 1880.81 | 0.85 | 15.9 | 2117.81 |
| Hang Seng Index | 16991.53 | -1.05 | -180.6 | 899.55 |
| Science and Technology Innovation 50 | 850.61 | 1.25 | 10.47 | 527.44 |
| CSI 300 | 3487.13 | 0.37 | 12.89 | 1865.29 |
| BSE 50 | 713.52 | 0.98 | 6.95 | 6.42 |
| Taiwan weighted | 16309.76 | 0.36 | 58.4 | 2344.85 |
| Dow jones | 33141.38 | 0.62 | 204.97 | |
| Nasdaq | 13139.87 | 0.93 | 121.54 | |
| Infltime 100 | 7389.7 | 0.2 | 14.87 | |
| de DAX30 | 14879.94 | 0.54 | 79.22 | 24.99 |
| Law CAC 40 | 6893.65 | 0.63 | 43.18 | |
| Russian RTS | 1102.37 | 1.03 | 11.21 | |
| Nikkei 225 | 31062.35 | 0.2 | 62.8 | |
| Han KOSPI | 2383.51 | 1.12 | 26.49 | |
| COMEX gold | 1982.1 | -0.29 | -5.7 | |
| NYMEX crude oil | 83.69 | -2.11 | -1.8 | |
| Rebar main connection | 3666 | 1.95 | 70 | 261.21 |
| Issue A50 refers to | 11869 | 1.94 | 226 | |
| CSI 1000 | 5719.32 | 1.44 | 81.18 | 1635.99 |
| USD/CNY | 7.1786 | -0.01 | -0.0006 |
First, the market panorama
1. Disk overview:
On October 24, the news that Central Huijin made another move yesterday played a certain role in boosting the continuous adjustment of A-shares. Today, the three major A-share indexes opened higher, and the market rushed back down in early trading, with the Shenzhen Component Index and ChiNext Index rising more than 1% intraday. In the afternoon, brokerage stocks frequently changed, A-shares rose slightly, the three major indexes closed up collectively, and the ChiNext index ended the previous 7-year negative trend. By the close, the Shanghai Composite Index was up 0.78% at 2,962.24 points, the Shenzhen Component Index was up 0.61% at 9,483.9 points, the ChiNext Index was up 0.85% at 1,880.81 points, and the Science and Technology 50 Index was up 1.25% at 850.61 points. The total turnover of Shanghai and Shenzhen was 804.062 billion yuan, and the actual net sale of northbound funds was 5.046 billion yuan. In the two markets, 70 shares rose to the limit, 8 shares fell to the limit, and more than 4,500 stocks rose. In terms of configuration, under the weak market, the concept of space-based interconnection is expected to be differentiated in the short term, and the game is cautious; Appropriate attention can be paid to low-end stocks with price increases and performance repair expectations, such as pork, chicken and other breeding concepts; From the perspective of medium-term layout, it can focus on consumer electronics, semiconductors, lithium battery midstream and innovative drugs with predicament reversal expectations. In addition, APEC is approaching in November, and based on the expectation of improvement in Sino-US economic and trade relations, it is possible to lay out electronics, automobiles, construction machinery and other directions on the left side. In terms of industry sectors, textiles and garments, household light industry, cultural media, securities, real estate services, etc. rose first, while a few sectors such as automobiles and banks fell. In terms of subject matter, the concept of civil explosion, new urbanization, digital reading, and chiplet concept are more eye-catching.
2. Trading water temperature: warming up
3. Money-making effect: good
4. A50 performance
A50 refers to the month of 11869 (yesterday 11684), up 1.94% (yesterday 0.47%), up or down 226 (yesterday 55). (Closing data at 5am on October 25, 2023).
5. Ups and downs
A total of 4504 (461 yesterday) stocks rose in Shanghai and Shenzhen, 519 (4582 yesterday) stocks fell, 44 stocks were flat (25 yesterday), and 4 stocks were suspended (2 yesterday). Excluding IPOs listed on the same day, a total of 70 (38 yesterday) stocks were up and 8 (42 yesterday) stocks were down.
6. Transaction amount
The total turnover of Shanghai and Shenzhen was 804.062 billion yuan (yesterday's 721.12) yuan, the Shanghai Stock Exchange 339.902 (yesterday's 304.029) yuan, the Shenzhen Stock Exchange 464.160 (yesterday's 417.091) billion yuan, and the entrepreneurship 211.781 (yesterday's 183.006) billion yuan.
Opening turnover: Shanghai Stock Exchange 28.67 (yesterday 2.683) billion yuan, Shenzhen Stock Exchange 39.30 (yesterday 3.838) billion yuan, entrepreneurship 17.05 (yesterday 1.454) billion yuan.
7. Continuous limit increase
Continuous limit of individual stocks: Shenglong (auto parts) (13) Zhenshitong (Internet services) (7) High-tech Development (engineering construction) (4) Longzhou (logistics industry) (3) Shunfa Hengye (real estate development) (3) Hengrun (wind power equipment) (2) Changqing shares (auto parts) (2) Yuancheng shares (engineering construction) (2) Yunnan Urban Investment (real estate services) (2) three-dimensional communication (cultural media) (2).
8. Concentration of price limits
Sectors with high concentration of individual stocks: textiles and garments, Internet services, auto parts, engineering construction, chemicals, culture and media, real estate development, home appliance industry, commercial department stores, plastic products, communication services, consumer electronics, securities.
9. Limit and closure
Top 15 (yuan) by the amount of price limit closures: High-tech Development (proposed acquisition of 70% equity of Huakun Zhenyu + construction industry) (1.985 billion), Walt (polymer materials + 5G + Huawei automotive + graphene) (268 million), Jinlong (securities + dragon characters) (260 million), Zhensitong (Huawei + computing power leasing + industrial Internet + multimedia video) (216 million), three-dimensional communication (Huawei + 5G + satellite communication + AIGC) (207 million), Longzhou Co., Ltd. (Longzi + Oil & Gas Sales + Automobile Manufacturing + Satellite Navigation) (197 million), Hengrun Co., Ltd. (Computing Power + Wind Power) (193 million), Pacific (Securities + Internet Finance) (148 million), Mingpu Optics (Optical Module + 5G + Huawei + Magnetic Components) (135 million), Ningbo Gaofa (Huawei Automotive + Automotive Transmission Control System) (114 million), New Asia Electronics (Huawei + 5G + wire and cable + liquid-cooled charging pile cable) (109 million), China Science Biography (Publishing + Literature Database + China Science Cloud Education + Chip) (104 million), Dalian Friendship (Retail + Real Estate) (87.3857 million), Jinyuan Co., Ltd. (Salt Lake Lithium Extraction) (85.0199 million), Xueda Education (Vocational Education + Sports) (83.7698 million).
10. Limit time
Top 10 in the time of limit increase: High-tech Development (plans to acquire 70% equity of Huakun Zhenyu + construction industry), Zhensitong (Huawei + computing power leasing + industrial Internet + multimedia video), Longzhou (Longzi + oil and gas sales + automobile manufacturing + satellite navigation), Hengrun (computing power + wind power), Yuancheng (semiconductor cleaning equipment + wind power + ecological landscape), Black Peony (third quarter growth + denim + securities gold holding), Ningbo Gaofa (Huawei automotive + automotive transmission control system), three-dimensional communication (Huawei +5G + satellite communication + AIGC), Jinyuan (salt lake lithium extraction), Shenglong (Longzi + Huawei car + oil pump).
11. Main funds
The main funds of Shanghai and Shenzhen have a net outflow of 6.42 billion yuan today (yesterday: a net outflow of 28.869 billion yuan). Among them, the main capital of ChiNext Board had a net inflow of 200 million yuan, the main capital of the CSI 300 constituent stocks had a net outflow of 2.61 billion yuan, and the main capital of the Science and Technology Innovation Board had a net outflow of 521 million yuan.
From the perspective of industry sectors, 11 industry sectors showed net inflows of main funds today, of which the non-bank financial industry sector had the largest net inflow of main funds, with a net inflow of 2.236 billion yuan; the main funds of the industry sector also had a net inflow of non-ferrous metals, media, and building decoration, with net inflows of 442 million yuan, 382 million yuan and 111 million yuan respectively. The main funds of 20 industry sectors showed a net outflow, of which the computer industry sector had the largest net outflow of main funds, with a net outflow of 2.238 billion yuan; the main funds of the industry sector also had a net outflow of power equipment, electronics, household appliances, automobiles, and mechanical equipment, with a net outflow of 1.276 billion yuan, 1.251 billion yuan, 1.092 billion yuan, 1.008 billion yuan and 933 million yuan respectively.
In terms of individual stocks, 1,982 stocks received net inflows of main funds today, of which 24 shares received net inflows of more than 100 million yuan. Pacific received the largest net inflow of main funds, with a net inflow of 1.038 billion yuan; the top stocks with net inflows of main funds were Huali Chuangtong, Zhongji Xuchuang, Zhongbei Communications, Oriental Fortune and Shengxin Lithium Energy, with inflows of 907 million yuan, 402 million yuan, 342 million yuan, 277 million yuan and 268 million yuan respectively.
In addition, 3,075 stocks were net sold by the main funds, of which 38 shares were sold by the main funds by more than 100 million yuan. The stocks with the largest net outflow of main funds are OFILM, with a net outflow of 1.636 billion yuan; the top stocks with the net outflow of main funds are iFLYTEK, Sichuan Changhong, China Satcom, Wenyi Technology and Huaxing Entrepreneurship, with a net outflow of 1.242 billion yuan, 738 million yuan, 449 million yuan, 385 million yuan and 380 million yuan respectively.
12. Dragon and Tiger List
Institutional seat funds totalled net sales of about $407 million today (yesterday: net purchases of about $285 million). Among them, 8 stocks were net bought and 19 stocks were net sold.
Top 10 net buyers on the Dragon and Tiger List: Huali Chuangtong (National Defense Industry) (439 million), Jinlong (Securities) (117 million), BAIC Blue Valley (automobile) (102 million), Shengxin Lithium Energy (small metal) (98.0362 million), Zhongbei Communication (communication services) (72.6397 million), Tsit Wing Technology (consumer electronics) (67.7581 million), Sanstate (Internet e-commerce) (60.97588 million), Baotai Long (coal mining and processing) (56.2593 million), Aerospace Huanyu (national defense industry) (46.6531 million), Siquan New Materials (electronic chemicals) (36.7039 million).
Top 10 (million yuan) net buyers of institutional seats: Huali Chuangtong (National Defense Industry) (6814.66), Shengxin Lithium Energy (Small Metal) (4304.06), Tsit Wing Technology (Consumer Electronics) (3181.26), China Wafer Square Technology (Semiconductors and Components) (1564.00), Hao Shang Hao (Other Electronics) (1225.26), Aerospace Huanyu (National Defense Industry) (801.65), Sanstate (Internet E-commerce) (695.24), Shaanxi Huada (National Defense Industry) (50.63), Sinoma Technology (Building Materials) (-41.68), Xinhuajin (Household Light Industry) (-179.49).
The largest net sale of stocks by institutions was iFLYTEK, with a net sale amount of about 205 million yuan, and the top stocks of Huaxing Venture, Runjian and Tongyu Communications were also the top net sellers of Huaxing Venture, Runjian and Tongyu Communications.
iFLYTEK fell 9.97% today. Three institutions appeared on the Dragon and Tiger list, with a total net sale of 205 million yuan; Guoyuan Securities Co., Ltd. Hefei Changjiang Road Securities Business Department bought 69.4737 million yuan and sold 158,300 yuan at the same time; Guotai Junan Securities Co., Ltd. Shanghai Jiangsu Road Securities Business Department bought 4.7827 million yuan and sold 551 million yuan.
13. Northbound funding
On October 24, the trading amount of northbound funds today was 122.183 billion yuan (yesterday's turnover was 108.359 billion yuan), and the transaction net sold 5.046 billion yuan (yesterday's net sale was 1.646 billion yuan), a net purchase for 7 consecutive trading days. Among them, Shanghai Stock Connect sold a net of 1.688 billion yuan and Shenzhen Stock Connect sold a net of 3.358 billion yuan.
Northbound funds today net buyers are North Huachuang, Industrial Fortune, Oriental Wealth, ZTE and PetroChina, with net purchases of 271 million yuan, 252 million yuan, 173 million yuan, 155 million yuan and 148 million yuan respectively. The net sellers of northbound funds were Kweichow Moutai, CATL, BYD, Wuliangye and Zhongji Xuchuang, with net sales amounts of 1.18 billion yuan, 969 million yuan, 900 million yuan, 544 million yuan and 409 million yuan respectively.
14. Margin Trading
Margin and securities lending: On October 23, the financing balance was 1,536.6 billion yuan (1,537.1 billion yuan the previous day), the net purchase of financing was -504 million yuan (the day before - 2.931 billion yuan), the balance of securities lending was 80.09 billion yuan (81.70 billion yuan the day before), and the net sale of 14.39 million shares (-214 million shares the day before).
Top 10 (yuan) in the financing net purchase sector: automobile vehicles (512 million), power industry (134 million), wind power equipment (115 million), home appliance industry (111 million), commercial department stores (80.465 million), chemical pharmaceuticals (79.9584 million), cement building materials (62.2065 million), chemicals (44.0475 million), shipping ports (43.5562 million), food and beverage (42.422 million).
Financing net purchase of the top 10 stocks (yuan): 300 ETF (525 million), Cialis (300 million), Kechuang 50 (286 million), 500 ETF (282 million), OFILM (200 million), Zhongji Xuchuang (168 million), BAIC Blue Valley (90.09 million), Cuiwei (87.03 million), ChiNext ETF (77.26 million), iFLYTEK (75.8 million).
15. Summary of profitable stocks
Summary of stocks with year-on-year index earnings: 1813 stocks (249 yesterday) that made 1%-3% of profits, accounting for 40.14%; 926 stocks with a profit of 3%-5% (95 yesterday), accounting for 20.5%; 301 stocks with a profit of 5% or more (93 yesterday) only, accounting for 6.66%.
16. Weighted Shares Performance on the Day
The Internet e-commerce sector led the two markets throughout the day, with the 20CM limit of three-state shares and the limit of Focus Technology, and Wakayuchen, Aoki, Kaichun, and Jihong shares rising by more than 5%; The clothing and home textile sector rose first, Mengjie shares, Langsha shares, Hasen shares, and leading shares rose to the limit; The securities sector strengthened in the afternoon, Jinlong shares and Pacific both rose to the limit, and Huachuang Yunxin, Capital Securities, Tianfeng Securities, and Hartou shares rose by more than 6%; The differentiation of high-end stocks intensified in the afternoon, OFILM fell to the limit, Voge Optoelectronics and Sichuan Changhong once touched the drop limit, Cialis fell by more than 5%, and Shenglong shares were sealed after opening, successfully recording 13 consecutive boards.
17. Index contribution
Top 10 contributors to the Shanghai Composite Index: PetroChina, Changjiang Power, Zijin Mining, AMEC, Shanxi Fenjiu, CITIC Securities, China Galaxy, United Imaging Medical, Huatai Securities, Shengmei Shanghai (yesterday: Chinese Shou, ICBC, China Satcom, Cialis, Great Wall Motor, AVIC Shenfei, Shanxi Fenjiu, China Shenhua, Hengrui Pharmaceutical, China Galaxy).
The top 10 contributors of the Shenzhen Securities Index: Oriental Wealth, North Huachuang, Changchun High-tech, Xinwei Communications, Changchuan Technology, Sai Microelectronics, Wenshi Shares, Shenwan Hongyuan, Watson Biotechnology, Flush (yesterday: Hikvision, Luxshare Precision, OFILM, Xinwei Communications, Wenshi Shares, iFLYTEK, Zhongji Xuchuang, Goertek, Mindray Medical, Sieyuan Electric).
18. Institutional Ratings
There are 8 stocks with the first original rating of the latest institution: Tongda Chuangzhi, Shierjia, Beobao Pet, Darentang, Runben Shares, Chunqiu Electronics, Bailong Chuangyuan, Anji Technology, Nanwei Medical, and Bairen Medical.
19. Institutional research
Top 10 of the latest research institutions: Xiangpiaopiao, Changchun High-tech, Jinzi Food, Jinpan Technology, Xinyuan Micro-packaging, Scitech New Materials, Longxin Technology, Hairong Technology, Haichuang Pharmaceutical, Desheng Technology.
20. Corporate Repurchases
The top 10 repurchased by the latest companies: Longda Delicacy, Hebang Biotechnology, Xinnovo, Longxin Technology, Vanze Co., Ltd., JOVO Energy, Surveying and Mapping Co., Ltd., Petty Co., Ltd., Xinlei Energy, Yunyi Electric.
21. Shareholders reduce their shareholding
The latest company announcement shareholders reduced their holdings in the top 10: Sifang Shares, Beijing Investment Development, Wanye Enterprise, Guobang Pharmaceutical, Densheng, *ST Guangtian, Zhanpeng Technology, Chervon Automobile, Fuda Alloy, Zuming Shares.
22. Popularity list
Top 20 stocks on the popularity list (ranked at 21:00 on October 24, 2023): Pacific, Shenglong Co., Ltd., OFILM, Huali Chuangtong, Jinlong Co., Ltd., Sichuan Changhong, Wenyi Technology, 3D Communication, Cialis, Zhenshitong, Longzhou Co., Ltd., iFLYTEK, Zhongbei Communications, Jiirong Technology, High-tech Development, Jiangte Motor, Hengrun Co., Ltd., Capital Securities, Xinwei Communications, and Jixiang Co., Ltd.
23. New Sections
New sections added during the year: montmorillonite (886029) (2023.1.3), Chengfei concept (886030), ChatGPT concept (886031), solid-state battery (886032), co-packaged optics (CPO) (886033), digital watermark (886034), millimeter wave radar (886035), spatiotemporal big data (886036), 6G (886037), superconducting concept (886038), ERP Concept (886039), MLOps Concept (886040), Data Elements (886041), Memory Chip (886042), Terahertz (886043), Liquid-cooled Server (886044), Flush Special Estimate 100 (886045), Mixed Reality (MR) (886046), Brain-Computer Interface (886047), NVIDIA Concept (886048) (2023.5.30), Spatial Computing Concept (886049)(2023.6.9), Computing Power Leasing Concept (886050)(2023.6.12), Weight Loss Pill (886051)(2023.8.10), Nuclear Pollution Prevention and Control (886052)(2023.8.28), BC Battery (886053)(2023.9.5), Lithography Machine (886054)(2023.9.8), Star Flash Concept (886055) (September 12, 2023), Alzheimer's Concept (886056) (September 19, 2023), New Industrialization Concept (886057) (September 25, 2023).
24. Money making effect label
Internet e-commerce, securities, media (yesterday: 6G concept, satellite navigation, complete vehicles).
25. Today's hot performance
Top 30 industries on the rise: Internet e-commerce, dyes, textile manufacturing, noise prevention, clothing and home textiles, antiviral fabrics, real estate services, securities, Kuaishou concept, intellectual property protection, shell resources, new urbanization, media, chemical synthetic materials, civil explosion concept, camping economy, household light industry, Pinduoduo concept, pet economy, three-child concept, fuel ethanol, cross-border e-commerce, beauty care, registration of sub-IPOs, cultural media, building energy saving, gas, futures concept, Tibet, education.
There are 3 hot spots for decline: automobiles, banks, and fentanyl.
Second, the hot topic of the theme
1. The Internet e-commerce sector led the two markets throughout the day, with the three-state shares rising at 20CM, Focus Technology up the limit, and Wakayuchen, Aoki shares, Kaichun shares and Jihong shares rising by more than 5%.
2. Huawei's concept stocks continue to be active, and the direction of computing power is outstanding, with Zhongying Technology, Tiansheng New Materials, Jialitu, Xinju Network, Tsit Wing Technology, Runjian Shares, True Vision Communication, Walt Shares, Mingpu Optics and Magnetics.
3. The textile and garment sector rose sharply, with Xinhuajin, Mengjie shares, Langsha shares, Hasen shares, leading shares, Yingfeng shares and so on.
4. The cultural media sector rebounded, with Century Tianhong, China Science Biography, Southern Media, and 3D Communications up and down, Chinese Online, Anne Shares, etc. also had outstanding performance.
5. The concept of graphene rose sharply, Baotai Long, Xinhuajin, Del Future rose to the limit, Jinfu Technology, Jinzhou Pipeline, Tongcheng New Materials, etc. rose by more than 5%.
6. The rise of the concept of civil explosion, Gao Zheng civil explosion, Kailong shares up limit, Cathay Group, Juhua shares, Jinaobo, Poly United and so on rose to varying degrees.
7. The securities industry changed intraday, Pacific and Jinlong shares rose to the limit, and Huachuang Yunxin, Capital Securities, Hartou shares, China Galaxy and so on followed.
8. The concept of Chiplet maintained its popularity, Wenyi Technology rose to the limit, and Sai Microelectronics, Huahai Chengke, Zhongjing Electronics, etc. followed higher.
9. The banking sector was relatively sluggish, with Bank of Suzhou and Bank of China falling by more than 2%, Industrial and Commercial Bank of China, Postal Savings Bank, China CITIC Bank, Bank of Communications and Agricultural Bank of China falling by more than 1%.
10. Focus company analysis
The growth stocks reported in the third quarter were sought after by funds, and Black Peony, Jinzai Food, Shunkong Development, Zhongying Technology, Shunfa Hengye, Chuanheng Shares and other collective price limits.
It is planned to acquire 70% of the equity of Huakun Zhenyu, and the resumption of trading of high-tech development has been up and down for 4 consecutive days.
FII fell again, with shares falling more than 5%.
Dragged down by negative news, iFLYTEK dived to a stop in the afternoon.
China Wafer Square Technology plunged at the beginning of the market and once touched the drop limit.
3. Summary of important events at home and abroad
(1) Macro policies
1. National Development and Reform Commission: Multiple departments recently issued the Action Plan for Promoting the Construction of Outdoor Sports Facilities and Service Improvement (2023-2025).
2. Premier Li Qiang recently signed a State Council decree promulgating the Regulations on the Online Protection of Minors, which will come into force on January 1, 2024.
3. The State Council issued the White Paper on the Development of China's Distant-Water Fisheries.
(2) Domestic economy
1. The central government will issue an additional 1,000 billion yuan of 2023 treasury bonds in the fourth quarter of this year, and all the additional treasury bonds will be arranged to local governments through transfer payments, focusing on supporting post-disaster recovery and reconstruction and making up for shortcomings in disaster prevention, mitigation and relief, and improving the mainland's ability to resist natural disasters as a whole.
From January to September, the national general public budget revenue 166713 billion yuan, a year-on-year increase of 8.9%. Among them, tax revenue was 139105 billion yuan, a year-on-year increase of 11.9%; Non-tax revenue was 2,760.8 billion yuan, down 4.1% year-on-year. In terms of central and local levels, the central general public budget revenue was 7,588.6 billion yuan, a year-on-year increase of 8.5%; Local general public budget revenue at this level was 9,082.7 billion yuan, a year-on-year increase of 9.1%. Stamp duty was RMB303.1 billion, down 11.2% year-on-year. Among them, the stamp duty on securities transactions was 155.5 billion yuan, down 30.8% year-on-year.
3. The high-profile National Data Bureau will be officially listed in the near future. It is understood that with the continuous improvement of the organizational structure of the State Data Administration and the continuous enrichment of staffing, the policy formulation process in basic areas such as public data operation, data right confirmation registration, and data transactions will be accelerated. In the preparatory stage, the National Data Bureau is divided into five groups according to the work of synthesis, data elements, digital economy, infrastructure and public data, and after the official launch of the National Data Bureau, it may be upgraded to a management department in related fields in the future.
4. Shanghai Jinshan District introduced a new policy for the settlement of talents. Including the three key areas of Binhai Urban Area, High-tech Community and Tingfeng Community, rental subsidies will be given to the classification of talents who meet certain points standards, and housing subsidies will be given to the classification of talents who meet certain recognition standards.
5. The Shanghai Municipal Government issued the Action Plan for Accelerating the Innovation of Synthetic Biology in Shanghai to Build a High-end Biomanufacturing Industry Cluster (2023-2025).
6. The 2023 Hurun Report was released, and the top three were Nongfu Spring Zhong Xiaoxi, Tencent Ma Huateng and Pinduoduo Huang Zheng. Nongfu Spring's 69-year-old Zhong Xiaoxi, whose wealth is basically the same as last year, became China's richest man for the third time with 450 billion yuan.
7. On October 24, at about 1:45 p.m., E Fund of CSI 300 ETF suddenly had a lot of integer buy orders, and the transaction amplified to nearly 400 million yuan within the next 15 minutes. The index fund's turnover in the last 15 minutes reached a staggering 867 million yuan, and the transaction volume throughout the day was expanded to 2.4 billion yuan. Both figures set new highs.
8. Huang Senwei, senior market strategist of AllianceBernstein, said that since the establishment of the CSI 300 Index, A-shares have experienced five major bear markets (including this round of bear markets), bear markets will occur about once every 2 to 3 years, and the maximum drawdown of most bear markets is about 40%, which is close to the maximum decline of this round of bear markets.
9. As of the end of September, the cumulative installed capacity of power generation in the country was about 2.79 billion kilowatts, a year-on-year increase of 12.3%. Among them, the installed capacity of solar power generation is about 520 million kilowatts, a year-on-year increase of 45.3%; The installed capacity of wind power is about 400 million kilowatts, a year-on-year increase of 15.1%. New energy installations show rapid growth.
(3) The international situation
1. The three major indexes of U.S. stocks closed up collectively, with the Dow up 0.62%, the NASDAQ up 0.93%, the S&P 500 up 0.73%, popular technology stocks generally rising, metal raw materials, shipping, and renewable energy sectors rising first, Tesla up more than 2%, Nvidia, Google up more than 1%. Popular Chinese concept stocks rose, Xpeng Motors rose by more than 10%, Li Auto and Bilibili rose by more than 7%, NIO and Weibo rose by more than 6%, Tencent Music and iQiyi rose by more than 5%, NetEase rose by more than 4%, Futu Holdings and Baidu rose by more than 3%, Alibaba rose by more than 2%, and JD.com and Vipshop rose by more than 1%.
Major European indices closed broadly higher, with Germany's DAX30 up 0.54%, Britain's FTSE 100 up 0.20%, and France's CAC 40 up 0.63%.
2. On October 24, a new round of Palestinian-Israeli conflict has resulted in more than 6,500 deaths on both sides.
3. On Tuesday morning, bitcoin broke through $35,000 and rose to $35,919 at one point, with a maximum gain of 20% in the day - this is the first time since 2023 that bitcoin has exceeded $35,000. According to third-party data service provider CoinMarketCap, as of press time, Bitcoin closed at $33,959 and Ethereum at $1,810. According to Coinglass data, in the past 24 hours, 94,059 people on the network have liquidated a total of $399 million (about 2.953 billion yuan), of which Bitcoin exploded $221 million and Ethereum exploded $58.62 million.
(4) Important events and related individual stocks
1. The Ministry of Agriculture and Rural Affairs will create rural leisure tourism with fine products.
Related stocks: Lingnan Holdings, Lingnan Shares, Green Ecology, Aoya Shares.
2. Shanghai will create a "Silk Road E-commerce" cooperation pilot zone, and the high prosperity of cross-border e-commerce is expected to continue.
Related stocks: Jihong shares, Huakai Yibai.
3. The demand for natural gas heavy trucks is rising, and the industrial chain is currently in short supply.
Related stocks: Weichai Power, Sinoma Technology, Yinlun Shares.
4, Amazon is testing the humanoid robot Digit.
Related stocks: Tianqi Shares, Fulin Seiko, Haozhi Electromechanical.
5. Huawei's mobile phone market share continues to rise.
Related stocks: crystal optoelectronics, Guanghong Technology, Guanshi Technology.
6. Qualcomm's new flagship new Snapdragon 8GEN3 will be unveiled, which is expected to help the release of edge AI demand.
Related stocks: Meige Intelligence, Quectel Communications.
7. China's first city-level 5G vehicle networking application was launched.
Related stocks: VIE Technology, Genvict Technology.
8. Many places have introduced a new round of policies to stabilize the property market.
Related stocks: Vanke A, Shahe Co., Ltd., Hualian Holdings, Zhongzhou Holdings, Rongan Real Estate, Suning Global, Fuxing Co., Ltd., Tianbao Infrastructure, China Merchants Shekou, Shirong Zhaoye, Guangyu Group, Hefei Urban Construction, Binjiang Group, Daming City, Xinhu Zhongbao, Huaxia Happiness, Gemdale Group, City Investment Holdings, SIIC Development, Xincheng Holdings.
9. In the first 9 months, China's express delivery business volume increased by 16.4% year-on-year.
Related stocks: Yunda shares, SF Holding, Shentong Express, YTO Express, Deppon shares.
10. The M9 intelligent lamp solution communicates with pedestrians through light interaction.
Related stocks: Foshan Lighting, Guoxing Optoelectronics, Xingyu Shares, Juguang Technology.
11. MLCC warms up, consumer electronics drive order growth.
Related stocks: Fenghua Hi-Tech, Zhenhua Technology, Guofeng New Material, Shuangxing New Material, Fusenmei, Jiemei Technology, Xinwei Communication, Guocera Materials, Sanhuan Group, Hongda Electronics, Sdico, Lihexing, Kaisheng Technology, Dongcai Technology, Hongyuan Electronics, Torch Electronics, Yunzuka Technology, Changyang Technology.
12. The Ministry of Industry and Information Technology will make a forward-looking layout of 5G-A technology research, standard development and product research and development.
Related stocks: Guangxun Technology, MTC Co., Ltd., Tongyu Communication, Mingpu Optomagnetics, Chuling Information, Jinxinnuo, Tianyi Co., Ltd., Borche Technology, Felin Coves, SIPG Group, Hengtong Optoelectronics, CITIC Heavy Industries, Cambridge Technology, Gongjin Co., Ltd., Resconda, Xinke Mobile.
13. In the first three quarters, the fixed asset investment of the national railway increased by 7.1% year-on-year.
Related stocks: Evergreen Technology, Keanda, Dinghan Technology, Yonggui Electric Appliances, Jiaota Sinuo, Riyueming, Yanao Co., Ltd., Tongye Technology, Raelwei, Golden Eagle Heavy Industry, CRRC, Kangni Electromechanical, Xianghe Industry, Jinchuang Group, Bede Technology, China Tonghao, Traffic Control Technology, Times Electric, High-speed Railway Electric, University of Technology Hi-Tech, Tieke Rail, Tieda Technology.
14. The number of signed projects at the 2023 World VR Industry Conference is 116, with a signed amount of 45.615 billion yuan.
Related stocks: Aerospace Development, Skyworth Digital, Guoguang, China Optics, Sichuan University Zhisheng, SumaVision, Gaoxin, Jebsen Shares, Hongli Zhihui, Allwinner Technology, Silk Road Vision, Jingtest Electronics, ArcherMind Technology, Huina Technology, Multimedia Shares, United Optoelectronics, Wingtech Technology, Electric Soul Network, Kesen Technology, Zhongcheng Technology.
Fourth, short-term stock sniping (only analysis, not recommendation)
Walt Co., Ltd. (002886): Polymer Materials + 5G + Huawei Automotive + Graphene 1. The company is mainly engaged in the research and development, manufacturing, sales and technical services of synthesis, modification and finished products of high-performance functional polymer materials. 2. The company undertakes the technical material achievements related to the project of Shenzhen Science and Technology Innovation Commission "Key Technology Research and Development of New High-frequency Circuit Board Substrate" for 5G equipment, and the company's existing LCP materials will also be widely used in 5G equipment related components. 3. The company has invention patents related to graphene composite materials, and has supplied carbon nanotube composites to customers in batches for improving the conductivity and toughness of materials. 4. The company has provided material supporting services for Huawei's new energy vehicles, communications, electronics, notebook computers and other products.
Pacific (601099): Securities + Internet Finance 1, Central Huijin Company announced on the evening of the 23rd that it bought a exchange-traded open-ended index fund (ETF) today and will continue to increase its holdings in the future. 2. The company's main business is securities underwriting and listing recommendation, securities proprietary trading, securities agency trading and other businesses. 3. The announcement on 5/10/19 disclosed that the Internet finance business continued to take the online business platform as the starting point to promote business transformation.
Mingpu Optics (002902): Optical module + 5G + Huawei + magnetic components 1, October 16 interaction: The industry generally believes that the next-generation access network capacity after 10G PON will be increased to 50Gbps, and 50G PON is a key technology to support the move towards F5.5G and open ubiquitous 10 Gigabits. The company has a layout on 50G PON products. 2. The company is mainly engaged in the research and development, production and sales of magnetic components, optical communication products, various power products and new energy systems. The company includes 40G optical module, 100G optical module, 400G optical module and other products, August 15 interactive reply: the company's 800G high-speed optical module is under development, in recent years, the company closely follows the technological development trend of the industry, around the future needs of customers for forward-looking technical reserves. 3. The company has become an important supplier of large and medium-sized communication equipment manufacturers such as Samsung, Huawei, ZTE, Fiberhome Communications, and Gongjin Electronics.
Ningbo Gaofa (603788): Huawei Automotive + Automotive Variable Speed Control System 1, the company's electronic accelerator pedal began to supply SAIC-GM and Thalys; The company's product car cable entered the Tesla supplier system. 2. The company specializes in the research and development, production and sales of automobile variable speed control system and acceleration control system products, the main products include automobile variable speed control system assembly, electronic accelerator pedal and automobile cable.
China Science Biography (601858): Publication + Literature Database + China Science Cloud Education + Chip 1. On August 21, the Ministry of Finance formulated and issued the "Interim Provisions on Accounting Treatment Related to Enterprise Data Resources", which will come into force on January 1, 2024. 2. The company is a central enterprise under the holding of the Chinese Academy of Sciences, and is currently one of the publishing units with the largest content resources of scientific and technological books and periodicals in China, and is also a comprehensive scientific and technological publishing institution with the most complete distribution of disciplines and the largest publishing scale in China; The company holds 15% of the shares of Wanfang Data, which is an academic database with the same name as CNKI. 3. In terms of digital education cloud services, the company actively develops online education business based on digital teaching materials and supporting resources, and the company's "Zhongke Cloud Education Platform" serves teachers and students in colleges and universities, providing online teaching, online examinations, online video watching and other services. 4. Shenzhen Diweima Semiconductor Co., Ltd., in which the company participates, is engaged in independent research and development of semiconductor integrated circuit chips, computer software and hardware.
Jinyuan Co., Ltd. (000546): Salt Lake Lithium Extraction 1, the company's main business is the production and sales of cement, auxiliary materials and cement products, the production and technical services of building materials, and the subsidiary Tibet Jinzangyuan Lithium Industry holds 51% of the equity of lithium source mining. 2. The company's salt lake lithium extraction team members have many years of practical experience in the field of salt lake lithium extraction, and the electrochemical deintercalation technology used in the salt lake lithium extraction process is recognized by the expert review organized by the China Nonferrous Metals Industry Association, and the technical achievements have reached the "international leading level". At present, the Tibet Ali Qianyao Project has built a production line of 2,000 tons, and lithium products have been produced and sold during the reporting period; After the completion of the acquisition of the Caro Caro project and the Payo Pai project in Argentina, the exploration environmental assessment work has been promoted, and the production capacity construction progress will be further promoted in the future. (Loss)
5. Deduction the next day
1. Market analysis and strategy
On Tuesday, the market swept away the haze of Monday's pessimism and showed a recovery market. The yellow line on the timeshare leads the white line, and the market makes money effect obviously. The trend also came out of the stop-fall and stabilized pattern, and the trading volume was also amplified, indicating that the recognition of this position by funds has been enhanced. However, it should be noted that after all, it has not successfully touched the upper gap, and the 5-day line is still dominated by bears, and the short-term trend reversal needs to be further coordinated. ChiNext refers to the same pattern, and short-term fluctuations are not ruled out. The Science and Technology Innovation 50 once touched the 5-day line, but did not successfully break through, and the next need to cooperate with the pressure level breakthrough. Overall, the current stop of the index is prominent, but it remains to be seen whether it can further attack strongly. Today's market sentiment and trading are significantly active, and the market is also showing a state of chaos and fascination. But after all, the index has recently continuously killed and fallen off from the average and other indicators, and even the negative non-ladder volume is expected to be repaired, so it is not yet possible to determine the market low for exploration, short-term first to over-fall rebound response, do a good job of position control, cautious emotional bottoming, steady operation mainly.
2. Tomorrow's market prediction: shock rebound
6. Position plan: short-term: 30%, long-term: 80%.