Due to the holiday, there were only two days of trading this week, which closed on Tuesday. Tuesday is both a daily close, a weekly close, and a monthly close. In the broader market on Tuesday, we saw a volatile upward trend after opening slightly lower. However, after hitting a new high of 3123 points in this round of rebound, there has been a fall, and the market has stood on the annual line for 2 trading days in the short term.
The 5-day moving average at the opening after the holiday is about to be a golden cross year, and we still have to pay attention to the support of the annual line next week. In addition, after the 3100 points are breached, a consolidation process is also required. Therefore, the 3100 point line will still be contested. GEM went more vulnerable on Tuesday. After the GEM opened low on the same day, it has been fluctuating at a low level throughout the day. There was a wave of diving before the close. The result was a close close near the lowest point of the day. Northbound funds flowed out on the same day. This is the opposite of the large inflow of northbound funds last week and this Monday. This shows that Northbound is also cautious about the changes in the peripheral markets during the festival, including some policy factors. In addition, from the hot spots of the day, we can also see that the market is actively moving closer to the risk-averse pharmaceutical sector. This week, however, the strong sector of real estate died down on Tuesday. However, due to the strong support of the policy side. So after the adjustment, there is still a drama in this sector.
In terms of sectors, last time we talked about flying cars and humanoid robots, this time we will talk about the real estate sector. At present, the real estate industry in the mainland is also a cyclical industry, and this cycle is greatly affected by the policy, but the healthy development of the real estate market will bring special benefits to the overall rise of the economy.
We see that real estate not only directly drives manufacturing industries such as building materials and home appliances through investment and consumption, but also significantly stimulates tertiary industries such as finance and business services. Therefore, the quality of the real estate market will affect the social and economic development indirectly or indirectly. In the previous stage, due to the impact of the epidemic, the real estate market continued to slump. Until now, the real estate market has not slowed down, and house prices have continued to fall. Not only did housing prices fall sharply in third- and fourth-tier cities, but also in first- and second-tier cities. This has led to a decrease in the enthusiasm of real estate developers to acquire land.
However, the continued downturn in the market has attracted the attention of management. The latest news on real estate is: the Political Bureau of the Central Committee of the Communist Party of China held a meeting on April 30. The meeting emphasized the need to continue to prevent and resolve risks in key areas. We will continue to adhere to city-specific policies, consolidate the responsibilities of local governments, real estate enterprises, and financial institutions, and earnestly do a good job in ensuring the delivery of housing to protect the legitimate rights and interests of home buyers. It is necessary to combine the new changes in the supply and demand relationship of the real estate market and the new expectations of the people for high-quality housing, coordinate the study of policies and measures to digest the stock of real estate and optimize the incremental housing, and pay close attention to building a new model of real estate development to promote the high-quality development of real estate. Previously, policies were introduced in various places to relax purchase restrictions.
According to the monitoring of the China Index Research Institute, as of now, the core areas of Beijing, Shanghai, Shenzhen, Guangzhou, Hangzhou and Xi'an in the core cities still maintain the purchase restriction policy, of which Hangzhou only restricts the purchase of new houses. In addition, the governments of different cities are also introducing more aggressive promotional measures to boost local real estate sales.
Huizhou recently issued the "Notice on Further Optimizing the City's Real Estate Regulation and Control Policy". From May 1, 2024 to October 31, 2024, individual consumers who purchase newly built commercial housing in Huizhou and complete the online signature filing and deed tax payment procedures can apply for housing purchase vouchers, limited to the first 10,000 units, with a total value of up to 100 million yuan.
Dalian issued the "Notice on Further Promoting the Steady and Healthy Development of the Real Estate Market". Among them, it is clear that it supports the "sale of the old and the purchase of the new" of the house. Subsidies are given to individuals who "sell the old and buy the new".
On April 26, the Nanjing Municipal Public Security Bureau issued the Notice on Matters Concerning the Settlement of Legal and Stable Domiciles (Draft for Comments), which shows that non-Nanjing household registration persons who have a legal and stable domicile in Nanjing and actually reside in Nanjing can directly apply for settlement. The property market is directly linked to settlement.
On the evening of April 2, Yiwu announced that it would optimize and adjust the current real estate policy. The Yiwu "New Deal" launched a "house ticket" for five groups: talent home buyers, first-time home buyers, multi-child families, agglomeration resettlement objects, and urban organic renewal requisitioned and relocated households, and the subsidies are all for new houses.
The great relaxation of the property market policy is finally the desire to buy in the market. Recently, there have been some new developments in the property market: although house prices are still slightly lowering, the transaction volume has rebounded. This may be a sign that the market is gradually emerging from the downturn of correction.
Data show that in March this year, the average sales price of new houses in 70 large and medium-sized cities fell by 21% year-on-year, while in first-tier cities such as Beijing, the sales area of commercial housing has increased year-on-year, bringing a touch of warmth to the market. It seems that the optimization and adjustment of policies and the introduction of new property market policies are slowly but surely rejuvenating the market.
In the second-hand housing market, the decline in prices has provided the impetus for an increase in transaction volumes. At present, the decline in housing prices across the country has caused widespread discussion, and buyers and sellers are very entangled. A lot of people are wondering if now is a good time to enter the market. However, at the time of the heated debate, the real estate sector of the stock market has set off a round of big rise. Whether house prices will be as elongated as real estate stocks in the future, let's wait and see.
After talking about real estate, let's talk about ursodeoxycholic acid again. Ursodeoxycholic acid is a white powder, odorless, bitter in taste. Ursodeoxycholic acid is soluble in ethanol and insoluble in chloroform, soluble in glacial acetic acid and soluble in sodium hydroxide solution. The melting point of this product is 200~204 °C. take this product, weigh it accurately, add absolute ethanol to dissolve and quantitatively dilute to prepare a solution containing 40mg per 1ml. The specific rotation is determined according to law and ranges from +59.0 degrees to +62.0 degrees.
Its clinical manifestations: long-term use of the drug can increase the secretion of bile acids, and change the bile composition, reduce cholesterol and cholesterol lipids in bile, which is conducive to the gradual dissolution of cholesterol in gallstones, and is used for cholesterol stones that are not suitable for surgical treatment, but cannot dissolve bile pigment stones, mixed stones and X-ray opaque stones. against cholecystitis. Cholangitis and dyspepsia also have some curative effects.
We know that quite a few people suffer from gallstones due to overnutrition. In particular, some cholesterol stones. Ursodeoxycholic acid is mainly used for alcoholic gallstones. Primary cholestatic cirrhosis, primary sclerosing cholangitis. Bile reflux gastritis. This product is used for cholesterol-type gallstones, formation and bile deficiency steatorrhea, and can also be used for the prevention of drug-induced stone formation and the treatment of steatorrhoea. Ursodeoxycholic acid makes up a small percentage of a person's bile. After oral administration of ursodeoxycholic acid, it reduces the saturation of cholesterol in bile by inhibiting the reabsorption of cholesterol in the intestine and reducing the secretion of cholesterol into bile. Due to the dispersion of cholesterol and the formation of liquid crystals, cholesterol stones are gradually dissolved.
According to the existing knowledge, the treatment of liver and cholestasis diseases with ursodeoxycholic acid capsules is mainly based on the relative replacement of lipophilic, detergent-like toxic bile acids with hydrophilic, cytoprotective and non-cytotoxic ursodeoxycholic acid, as well as the promotion of hepatocyte secretion and immune regulation.
From the point of view of the capital market. Ursodeoxycholic acid was fried at the end of 2022. The driving force behind the rise in the ursodeoxycholic acid sector was triggered by an overseas paper. The paper studies that ursodeoxycholic acid can be used to prevent COVID. This mature drug, which was originally used to treat gallstones and liver disease, has become a "new crown concept stock".
Now that it has been taken out for hype again, I think one is that the time and space for adjustment are relatively large, and it is normal for a short-term rebound to occur. The second is that the products of some individual enterprises are good for stimulating sectors. Third, it has become a hedging tool for the market in the correction of the stock market. Therefore, for this sector, the market outlook operation should be fast in and out.
Author: Wang Hui
Editor: Yan Dan
Producer: Wang Junji
This article is the exclusive content of the WeChat public account of "CBN Broadcasting", please contact the background for authorization before reprinting. The individual stocks involved in this article are for reference only, and are not recommended for trading and are not responsible for personal income.