China Fund News reporter Li Zhi
Let's take a look at the market situation and information this morning.
On April 25, the three major A-share indexes collectively opened low and then fluctuated. As of the midday close, the three major indexes turned red across the board, with the Shanghai Composite Index up 0.17%, the Shenzhen Component Index up 0.41%, and the ChiNext Index up 0.33%.
From the perspective of the plate, the chemical sector broke out today, with outstanding performance in the direction of titanium dioxide and phosphorus chemicals, and the concepts of PEEK, solid-state batteries, and diet pills fluctuated and strengthened, while the aerospace and military industry, precious metals, satellite navigation and other plates fluctuated and adjusted.
Hong Kong stocks opened low and rose rapidly intraday, and then fluctuated and adjusted, the Hang Seng Technology Index fell slightly, SenseTime continued yesterday's strong, up more than 8%, Bilibili, Hua Hong Semiconductor, Weibo, etc. followed up.
The chemical sector strengthened across the board
The chemical sector broke out strongly, with outstanding performance in the direction of titanium dioxide and phosphorus chemicals, Nanjing Julong, Renxin New Materials 20CM daily limit, Yabang shares, Shilong Industrial, Ananda and other shares daily limit.
Guosheng Securities said that at present, the sentiment of chemical expansion has subsided significantly, and the profitability of the sector may have bottomed. This round of the cycle can be compared with 2012 to 2014, also in the context of low demand growth, supply is still accelerating release, has not yet turned around. There is a transmission cycle of about one and a half years from construction to fixed assets, and when the growth rate of fixed assets declines, the profitability of the chemical sector is expected to usher in a new round of upward movement worth looking forward to, and the dawn of the chemical sector is coming.
The solid-state battery concept is on the rise
The concept of solid-state batteries fluctuated and strengthened, Sanxiang New Materials rose by the limit, and Xiangfenghua, Great Wall Motors, and Enjie shares rose to the top.
According to CICC's research report, eVTOL requires high safety, high energy density, and high power density of batteries, and solid-state/semi-solid-state batteries may be the mainstream route in the future. Among them, high safety means that the battery system needs to achieve aviation-grade safety, while energy density and power density directly determine the performance indicators such as eVTOL load and cruising range.
Boosted by performance, Great Wall Motors once hit the daily limit, with a total market value of 192.4 billion yuan.
On the news side, the latest financial report shows that in the first quarter of 2024, Great Wall Motors achieved operating income of 42.86 billion yuan, a year-on-year increase of 47.6%, and net profit attributable to shareholders of the parent company reached 3.228 billion yuan, a year-on-year increase of 1752.55%.
As for the reasons for the change in performance, Great Wall Motor said that during the reporting period, the company's sales scale increased, the sales structure was optimized, and the performance indicators such as operating income and net profit attributable to shareholders of listed companies increased significantly compared with the same period last year.
Zhongheng design realizes 7 boards
Recently, the popular stock Zhongheng Design once again rose the limit today and advanced to 7 consecutive boards.
On April 24, HHP Design issued a stock trading risk reminder announcement, and said that on April 17, 2024, the company released the "Helping Wuhan City to Seize the "Low-altitude Economy" Strategic Emerging Industry Track, HMG Design Won the Bid for the Central China Intelligent Aircraft Industrial Base Project (Phase I)" on the company's official website and WeChat public account.
Recently, the company has paid attention to media reports that the company involves the concept of "low-altitude economy", which mentions that the company won the bid for the Central China Intelligent Aircraft Industrial Base project.
Zhongheng Design said that the above-mentioned project company won the bid as a member of the consortium, and the company was mainly responsible for the construction drawing design work in this project, and only shared the construction drawing design fee of 5.3186 million yuan, and the design fee only accounted for 0.31% of the company's audited operating income in 2023. As of the date of this announcement, the project has not been formally contracted and has not generated any revenue.
In addition, the company has no other media "low-altitude economy" related contracts and revenue recognition, please pay attention to the secondary market transaction risks, rational decision-making, prudent investment.
Editor: Huang Mei
Review: Xu Wen