Evergrande Automobile dived! These plates went against the market
Today is the first trading day of 2024, and the market fluctuates slightly.
On the disk, individual stocks rose more and fell less, white horse blue chips were weak, small-cap growth stocks performed strongly, aquatic products, nuclear power, nuclear energy, environmental protection, energy conservation and other sectors rose first, and wine, real estate, storage chips, 100-yuan stocks and other sectors fell first.
On the morning of January 2, Evergrande Automobile drove nearly 8% lower. After the opening of the market, the stock price dived rapidly, reaching an intraday low of HK$0.415 per share, a decline of 18.63%. As of press time, the decline has narrowed.
On the news side, on the evening of January 1, Evergrande Automobile announced that Newton Group's share subscription agreement and corporate debt-to-equity subscription agreement for Evergrande Automobile have expired on December 31, 2023. The deadline for the two agreements is December 31, 2023, and the parties to the agreements have not agreed to extend them. For more information, please see "Expired! Evergrande Automobile: Continue to negotiate!"
Nuclear power and nuclear energy are happy to mention policy red envelopes
Nuclear power and nuclear energy concept stocks were active across the board in the morning, and the sector index jumped high and opened high, up nearly 3%, hitting a new high in the past four months, and the half-day transaction exceeded the all-day transaction of the previous trading day. Hangzhou High-tech and Jieqiang Equipment have a 20% daily limit, and more than 10 shares such as Baose Shares, Hailu Heavy Industries, and Tin Equip Shares have a daily limit or an increase of more than 10%.
Nuclear pollution prevention and control, controllable nuclear fusion and other related sectors also rose to the top, and Heforging Intelligence and other strong daily limits. Among the top 10 ETF gainers, green power ETFs, power ETFs and other related varieties occupy 8 places. Hong Kong nuclear power stocks also rose strongly, and China Nuclear International and other companies were among the top gainers.
At the end of last week, the executive meeting of the State Council approved the Taipingling nuclear power projects in Guangdong and Jinqimen in Zhejiang. The meeting stressed that the safety of nuclear power is extremely important, and it is necessary to adhere to safety first, promote project construction in a steady and orderly manner in accordance with the highest global safety standards and requirements, and strengthen safety supervision in the whole chain and all fields to ensure absolute safety and foolproof. It is necessary to further increase the support for the innovation and development of the nuclear power industry, and comprehensively enhance the competitiveness of nuclear power equipment and related industries.
As of June 30, 2023, a total of 55 nuclear power units were in operation on the mainland, with an installed capacity of 56.99 million kilowatts, according to data released earlier by China Energy Construction. From January to June 2023, the country's cumulative power generation capacity was 4,167.96 billion kWh, and the cumulative power generation of operating nuclear power units was 211.884 billion kWh, accounting for 5.08% of the country's cumulative power generation.
According to the 14th Five-Year Plan, China's installed nuclear power capacity will reach 70 million kilowatts by 2025. In the context of the "dual carbon" goal, the industry generally predicts that by 2030, the installed capacity of nuclear power in operation will be 100 million kilowatts, and the total installed capacity of nuclear power in operation and under construction will reach 200 million kilowatts in 2035, and the power generation capacity of nuclear power is expected to exceed that of the United States, and the proportion of nuclear power will rise to about 10%.
China Merchants Securities said that since 2019, the approval of nuclear power in mainland China has been accelerated, with 4, 5 and 10 units approved from 2020 to 2022 respectively, and 10 units will be maintained in 2023, once again indicating that the policy support for nuclear power development has been strengthened. It is expected that the approval rhythm of 6 to 10 units per year will be maintained in the coming period, assuming that the investment of a single 1.2 million kilowatt unit is 20 billion yuan, it will bring an average annual construction investment of 120 billion to 200 billion yuan, and the whole nuclear power industry chain is expected to usher in a high boom cycle.
The environmental protection industry is attacked on all fronts
On the first trading day of the new year, the environmental protection industry chain was fully launched, and the environmental protection sector opened high and went high, up nearly 2%, and the half-day transaction was close to the full-day transaction of the previous trading day. Zhongsheng Hi-Tech, Shenwu Energy Conservation and other strong daily limits. Medical waste treatment, air treatment, sewage treatment and other sub-sectors also rose first, and Dahu shares, CLP Environmental Protection and other daily limits or rose by more than 10%.
At the end of last year, from the central to the local government, intensive policies on environmental protection were introduced.
On December 27, the National Development and Reform Commission (NDRC) issued the Special Administrative Measures for Investment in the Central Budget for the Comprehensive Treatment of Water Environment in Key River Basins (Draft for Comments), which provided policy guarantees for the ecological protection and governance of rivers, lakes and reservoirs, and coordinated and led the ecological protection and governance of rivers, lakes and reservoirs in key river basins.
On December 28, the Ministry of Industry and Information Technology and other departments jointly issued the "Guiding Opinions on Accelerating the Transformation and Upgrading of Traditional Manufacturing Industry", proposing the goal of significantly improving the development level of high-end, intelligent, green and integrated traditional manufacturing industry in 2027, emphasizing the importance of continuous decline in industrial energy intensity and carbon dioxide emission intensity, providing a policy basis and guidance for the further transformation of the manufacturing industry to low-carbon and clean, which is conducive to promoting the development and application of technologies and equipment for energy saving, emission reduction and carbon reduction in industrial processes.
The National Development and Reform Commission (NDRC) and the Ministry of Industry and Information Technology (MIIT) have also recently jointly formulated the Action Plan for Green, Low-Carbon and High-Quality Development of Boilers to accelerate the green and low-carbon transformation of new boilers and achieve ultra-low emissions of boilers in coal-fired power stations.
In addition, the Henan Provincial Development and Reform Commission issued the Regulations on the Prohibition and Restriction of Non-degradable Disposable Plastic Products in Henan Province, which will come into force on January 1, 2024, the Zhejiang Provincial Development and Reform Commission issued the Construction Plan for Hazardous Waste Centralized Disposal Facilities in Zhejiang Province (2023-2030), the Shandong Provincial Three-Year Action Plan for Domestic Waste Classification in Shandong Province (2023-2025), and the Chongqing Municipal Implementation Plan for Comprehensively Promoting Waste Classification and Governance in Chongqing......
In addition, according to incomplete statistics from China's water network, the total amount of 100 projects related to water treatment, solid waste and sanitation that will be opened in January is 28.528 billion yuan. Among them, there are 52 water treatment projects with a total value of 18.4119 billion yuan, 11 solid waste treatment and disposal projects with a total amount of 2.694 billion yuan, and 36 environmental sanitation projects with a total amount of 4.539 billion yuan.
Soochow Securities expects that with the strengthening of policy procurement and the improvement of the economy of sanitation electric equipment, the sanitation equipment industry will usher in an increase in demand and profitability. In 2025, the sales volume of new energy sanitation vehicles is expected to reach 20,600 units, an increase of 62% from 2022 to 2025.
Editor-in-charge: Zhang Qianyao
Proofreading: Liao Shengchao