[stock Market Review] three major stock indexes closed higher in Prev, Sanlianyang rare Earth permanent Magnet and Beer Plate led the rise throughout the day.

SMM8 16 news: the two cities opened flat in the morning, after the narrow oscillation began to pull up. The financial sector is active, and the securities plate is moving higher. Near the close of the morning, the index fell slightly and rose again. Stocks rose more and fell less, the bomb rate is general, the overall atmosphere continues to improve, the quantity can still be. In the afternoon, the three major stock indexes fluctuated at high levels. Artificial intelligence plate pulled up, consumer electronics plate strong, chicken plate rose sharply. In late trading, the three major indexes fell back quickly, narrowing their gains.

By the end of the day, the Prev index closed up 0.28% at 2823.82 points, the Shenzhen Composite Index closed up 0.57% at 9060.92 points, and the creation Index closed at 1567.99 points, up 0.79%. The ratio of rise and fall of individual stocks gradually narrowed, the atmosphere of the market was once again not as expected, and the effect of making money was not good.

Plates and individual stocks

Tsing Tao Beer disclosed semi-annual reports last night that the company achieved operating income of 16.551 billion yuan in the first half of 2019, an increase of 9.22 percent over the same period last year, and a net profit of 1.631 billion yuan, an increase of 25.21 percent over the same period last year. Tsing Tao Beer rose by the limit, Chongqing beer, Yanjing Beer, Zhujiang beer rose.

Plate capital flow

Main net inflow into the top five sectors of the industry: Securities, beverage manufacturing, electronic manufacturing, computer equipment, computer applications

Main net inflow concept plate top five: FTSE Russell concept shares, Shenzhen Stock Exchange, MSCI concept, margin trading, Smart City

The main net inflow into the top 10 stocks: ping an of China, Moutai of Guizhou, Linyi Zhizhuang, Hongta Securities, Oriental Wealth, Yili shares, Tide Information, China Software, Yi Wei Li Neng, Wuliangye

Review of abnormal movement

Rare earth plate rose sharply at the beginning of the day, Galaxy magnet second board, gold permanent magnet rose 6%, Linyi Zhizhuo and Guangsheng Nonferrous Metal strengthened one after another.

Beer plate gradually strengthened, Tsing Tao Beer rose 7%, Chongqing beer rose 5%, Yanjing Beer, Zhujiang beer rose

Graphene plate changed, Walter shares straight line seal board, carbon yuan technology rose 7%, gorgeous family, Fang Da carbon, Baotailong have strengthened one after another.

Rare earth plate continued to be active, Ke Heng shares, Galaxy magnets, Huahong Science and Technology Collective sealing Board, Gold permanent Magnet rose 7%, Zhenghai Magnetic Materials, North Mine Science and Technology strengthened

The Tibetan plate moved differently, Yiming medicine rose by the limit, and the Tibetan pharmaceutical industry, Mount Qomolangma and Xizang Chengitou rose slightly.

The brokerage plate continued to rise, Hongta Securities rose 6%, and Soochow Securities, Great Wall Securities and Hualin Securities rose slightly.

The big financial sector changed, Minsheng holding was closed in a straight line, Sony Finance rose 4%, and Baode shares, Anxin Trust and Green Court investment followed suit.

The medical device plate changed, David's medical straight line sealing board, nine an medical treatment, Shangrong medical treatment, Yangpu medical treatment and so on rose one after another.

Artificial intelligence plate in the afternoon movement, large intelligence straight line sealing board, Harbin industrial intelligence. The intelligence of Saiwei, the intelligence of HKUST and the information of Chinese science and technology have been strengthened one after another.

The chicken plate rose sharply, Minhe shares rose by the limit, Yisheng shares rose 7%, Lihua shares rose 6%, Shengnong Development and Xiantan shares followed suit.

Consumer electronics plate strengthened in the afternoon, crystal photoelectric impact rose limit, Xinwangda rose more than 7%, Ofeiguang, Goyle shares and so on rose

The online tourism plate changed, China Youth Travel Service closed the limit, Jiuhua tourism rose more than 7%, China National Travel Service, Zhongxin Tourism, Caesar Tourism, Radio and TV Media, etc.

Empty iron WIFI plate changed, Jiadu science and technology rose more than 7%, accurate information, * ST Ronglian, 360, Haight high and new, etc.

The agricultural planting plate rose again at the end of the day, Wanxiang Denong rose 7%, and Dunhuang seed industry, sea seed industry and agricultural seed industry strengthened one after another.

Today's message

[the tariff Commission of the State Council responds to the US tariff increase on China: the Chinese side will have to take the necessary countermeasures]

On 15 August, in response to the announcement by the Office of the US Trade Representative that it would impose a 10 per cent tariff on about US $300 billion in imports from China, the statement from the tariff Commission of the State Council of China clearly conveyed China's position: "this move by the US side seriously violates the consensus of the Argentine meeting between the heads of state of China and the United States and the consensus of the Osaka meeting, and deviates from the correct track of resolving differences through consultation. The Chinese side will have to take the necessary countermeasures. " (People's Daily)

[NDRC: it is expected that prices will continue to maintain the overall stable operation trend for some time to come.]

At a press conference held by the National Development and Reform Commission today on macroeconomic operation, spokesman Meng Wei said that generally speaking, the year-on-year increases in CPI and PPI in July were in a moderate range, and prices in China are expected to continue to operate smoothly for some time to come. In terms of vegetables, with the listing of a large number of vegetables in the season, prices dropped significantly in June and July. According to monitoring data from 36 large and medium-sized cities, the average retail prices of 15 vegetables fell in July. Prices are expected to continue to fall and maintain seasonal fluctuations in the later period.

[Huawei 5G phones sold at 10:00 this morning with a reservation of more than 1 million units]

Huawei's 5G phone, Mate20X (5G), will go on sale at 10:00 this morning. Huawei's Mate 20X (5G) appointment exceeded 1 million as of 12:00 on Aug. 15, according to an article on WeChat, Huawei's heartfelt community, yesterday. Huawei's 5G phone appointments appear to exceed market expectations compared with market forecasts for 5 million 5G handsets shipped in 2019.

The new rules will come into effect next week! Brokers will adjust the minimum maintenance ratio to increase the size of funds in four cases]

Just next Monday, the revised new rules will be formally implemented. How will the securities industry implement the revised rules in the business? The Chinese reporter of securities firms learned that most securities firms will not simply adjust the maintenance ratio because of their respective risk control indicators, as well as multiple factors such as trading habits of two financial customers, but due to the introduction of other collateral factors, securities firms will make personalized adjustments to the maintenance ratio under four special circumstances. (brokerage China)

[national Development and Reform Commission: step up out of Taiwan to implement the Action Plan for promoting the rational growth of Urban and Rural residents' income at the same time]

A spokesman for the National Development and Reform Commission said on the 16th that the situation of all parties to jointly promote and expand consumption is taking shape, and the next step will focus on promoting consumption in four aspects: first, dredging blocking points to promote consumption, and promoting the implementation of a number of measures to promote consumption by relevant departments and localities; second, stabilize the industry to increase income and promote consumption, and step up efforts to implement the Action Plan on multiple measures to promote the rational growth of the income of Urban and Rural residents (2019-2020). Third, improve the environment to promote consumption. Fourth, form a joint force to promote consumption, will make full use of the ministerial joint meeting platform, promote the overall convergence of consumer policy, and jointly grasp the implementation of consumer policy measures.

Today's institutional point of view

Soochow Securities pointed out that the current turmoil in the global capital market, A shares rose against the trend, can show that the market has a certain degree of resilience, but the recent market volume has been depressed, but also reflects the weakness of the market, the current index is still running in the box, before an effective breakthrough in the market, for the concussion market, high selling and low absorption is still a good policy. In addition, the short-term focus on global capital market trends, on-the-spot investors to be neither humble nor overbearing, over-the-counter investors can pay attention to the market stabilization after the increase in position layout opportunities.

Northeast Securities: on the whole, although the peripheral US stocks plummeted and the US Treasury yield curve became more and more upside down, the independence and resilience of A shares are gradually reflected in the first line of 2800 points; this is similar to the fact that US stocks plummeted in late May and A shares resisted a steady decline. From a quantitative point of view, at the beginning of the year, the index of 2450 points corresponds to the financing balance of about 7200. At present, the financing amount of about 880 billion is expected to support the amount of capital that constitutes the medium-term bottom of about 2700 points. That is, the market is expected to launch the last of the year's N-type trend with the enhancement of market toughness and the clarity of policy. Considering that the market has rebounded against the trend and is now in the 13th trading day since the August fall and the 89th trading day since the 3288 point fall, it is the resonance of A-share toughness and time window. Therefore, in the absence of a new unexpected bearish, continue to maintain the early thinking, that is, under 2800 undervalued, should not be overly pessimistic, the market adjusts the tail, on the low gradual layout.

Founder Securities: yesterday's characteristics show that science and technology stocks are the main force leading the current and future market, further strengthening the transformation of market style, the future market leading the trend of Science and Technology Innovation Board and gem, or that: our point of view remains the same, short-term market fluctuations, do not change the medium-term upward trend, "finance + technology" strong, "finance + technology" weak, then the market is weak. In operation, light index, heavy stocks, pay close attention to the volume of changes, it is recommended to pay attention to brokers, biomedicine, semiconductors, 5G, military industry and restructuring concept stocks, avoid short-term price increases too high stocks, policy bearish stocks and delisting risk stocks.

Guangfa Securities: a shares are at the bottom of the current profit cycle

The bottom of A-share earnings is expected to be no later than the third quarter. In the medium-term allocation, it is difficult to significantly increase the risk preference, but the downward pressure on performance growth is reduced, broad-spectrum interest rates are down, and the allocation revolves around profit improvement. The industry rotation experience before and after the bottom of previous earnings shows that: 1) policy certainty benefits improve profit expectations; 2) their own high economic performance will rise rapidly; 3) there is a high probability of significant excess returns in the three directions of the early profit cycle. The comparison between the three is related to the recovery of profits and the intensity of policy stimulus.

Everbright Securities: there is no need to worry about external problems, hold positions patiently and wait

In the light of the macro-financial situation, the room for continued devaluation of the RMB is limited, and the United States has implemented a series of tariff measures, which are expected to have no more substantial impact within one year of inclusion in exchange rate manipulators, so it is not appropriate to over-interpret foreign problems. The recent net outflow of foreign capital is better than that in April and May, and the A-share factor included in MSCI is raised as scheduled, which can dispel the concern about the interruption of foreign capital inflow. At present, the market valuation is already at a very reasonable level, with half of the industry PB below the 10 per cent valuation quantile, and the Shanghai Stock Exchange near 2700 points suggests patiently holding positions, adding positions evenly at low prices, and repairing valuations in the short-term super-low future. it is better to pick up "bargains" on the cheap than to catch up after the situation is completely clear. Moreover, the upgrading of the big game will catalyze the readjustment of the policy, the reduction of the refinancing interest rate and the adjustment of the two financing policies are the proof of this logic, and if the situation is weak, the corresponding policy will be loosened by one point.

Although global markets are inevitably disturbed by fluctuations in Sino-US relations, the mainstream direction is still a better economic situation and more restrained monetary policy to support a relatively strong dollar. The return of money to dollar assets, especially fixed-income assets, continues to put pressure on Europe, Japan and emerging markets, which have risen sharply in the early days. In terms of US stocks, structural imbalance is an important potential risk for US stocks in the future, but the supporting effect of low interest rates and capital inflows on US stocks makes the short-term risk generally controllable. In terms of Hong Kong stocks, the margin of safety of the market has increased significantly. Structurally, the buying opportunity of the consumer white horse is worth paying attention to. Hong Kong is short of the margin of safety for blue chips. The valuation of the Chinese banking sector is already close to its lowest level in history, and long-term investment opportunities have re-emerged.

Click to sign up for this summit

"Click to sign up for this summit

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business