[stock market resumes] the index of the two markets opened higher and the Prev index rose more than 2%. The consumer electronics sector performed strongly.

SMM6 March 1: the three major indices opened high, Prev re-stood at 2900 points, and the Shenzhen Composite Index returned to above 11000 points, refreshing more than a week's high. On the disk, affected by the news, consumer electronics, brokerage, wireless headphones, semiconductor plates continue to strengthen, oil exploration, corn, beer and other plates fell in early trading. As the index continues to rise, market sentiment picks up, and the market moneymaking effect continues to improve. On the disk, Internet finance, cloud games and other plates also continue to strengthen. In addition, the liquor concept stock market is strong, on the whole, the market sentiment has improved, and individual stocks in the two cities have risen more and fallen less. Afternoon index shock higher, the disk, photoresist, rural e-commerce, Hainan free trade zone, futures plate continues to rise. On the whole, individual stocks in the two cities rose more than fell less, the market profit effect is very good, the trading volume of the two cities is also significantly enlarged, and northward capital flows into more than 10 billion yuan throughout the day.

By the end of the day, the Prev closed at 2915.43 points, up 2.21%, with a turnover of 307.4 billion yuan; the Shenzhen Composite Index reported 11102.15 points, up 3.31%, with a turnover of 454.2 billion yuan; and the pioneering Index reported 2158.22 points, up 3.43%, with a turnover of 156.4 billion yuan.

Plates and individual stocks

Heng Mingda, Linyi Smart, Walker, Xinwei Communications, Lance Technology, Lixun Precision, Gore shares and other strong performance. On May 29th, Apple announced for the first time that it would officially participate in the Tmall 618 discount event. The official flagship store iPhone11 and other products support cross-store discount (40% per full) and 150 yuan venue coupons, which is equivalent to a 20% discount for the whole audience. Tmall data show that five hours after the opening, Tmall iPhone sales exceeded 500m yuan, setting a record. In addition, Jingdong also launched a 618 price reduction campaign with Apple. An hour after the opening at 0: 00 on June 1, the turnover of the entire series of JD Apple has tripled over the same period last year.

Net inflow of main funds into the top ten

Review of changes

The securities sector opened higher, Bank of China Securities rose 7%, Zheshang Securities, Caitong Securities, Nanjing Securities, Tianfeng Securities and so on rose one after another.

Semiconductors and components pulled up, Datang Telecom rose nearly 8%, Dongshan Precision, Pengding Holdings, Oshkang and so on rose.

The concept of liquor rose, Wuliangye rose 4%, Shanxi Fenjiu, Luzhou laojiao, Jinhui wine, alcoholic liquor and so on rose.

Jianghuai Motor rose its daily limit again in early trading, with a turnover of nearly 1 billion.

The securities sector continued to strengthen, Bank of China Securities pulled up the limit, Nanjing Securities, Zheshang Securities, Hongta Securities and so on rose.

The concept of consumer electronics continues to strengthen, with LinkedIn and Lance Technology rising by the daily limit, while Anjie Technology, Changying Precision and Xinwei Communications are up more than 7%.

Jinri Toutiao concept rose, Shengguang Group pulled up the limit, Meisheng Culture, Jiayun Technology, Guangbo shares were closed before, Tianlong Group, Zhongchang data and so on.

Kechuangban stocks strengthened, the wealth trend rose by the limit, and Ofu Environmental Protection, Youkade-W, Lexus and so on rose more than 10%.

Rural e-commerce plate changed to pull up, Yiyatong pulled up the limit, Guangbai shares, supply and marketing Daiji previously closed, mango supermedia, agricultural products rose more than 5%.

Hotel and catering plate changed to pull up, Xi'an food rose 7%, Dadonghai A, Jinjiang Hotel, first Travel Hotel, ST cloud network and so on rose.

Hainan local stocks rose, Dadonghai A rose by the daily limit, Haide shares rose by one word, Haiqi Group, Hainan Expressway and so on.

Futures concept changes pull up, China's medium-term limit, Ruida futures, South China futures and so on rose.

Message surface

[adjustment of index sample stocks such as Shanghai and Shenzhen 300]

The Shanghai Stock Exchange and China Securities Index Co., Ltd. announced on June 1 that they will adjust the sample stocks of the Shanghai 50, 180, 380 and other indexes. The CSI also announced the adjustment of the CSI 300, CSI 100, CSI 500, CSI Hong Kong 100 and other index sample stocks. The adjustment will come into effect on June 15.

[chip tycoon back to A to get help again: two major shareholders may participate in seeking more shares as war investors]

On the afternoon of June 1, SMIC will hold a shareholders' meeting to vote on the RMB share issue. Just last night, SMIC issued an announcement that its shareholders, Datang Telecom Technology Industry Holdings Co., Ltd., and International Integrated Circuit Industry Investment Fund Co., Ltd., both said they would give up the priority to subscribe for RMB shares.

[50,000 people robbed 959 apartments! Hangzhou property market is hot again! The frozen capital for the pre-sale of a real estate is more than 40 billion]

Recently, the property market in Hangzhou has become popular again, which originated from the pre-sale certificate of a batch of 959 units obtained by the Xixi mansion in the ocean. Since the start of dual-channel registration in May, more than 50,000 people have signed up for the project, according to feedback from on-site sales staff. More than 50,000 people are robbing 959 houses, which is equivalent to 50 people robbing a house.

[Ministry of Finance: vigorously develop rural e-commerce central financial funds to support county, township and village three-level logistics distribution system, etc.]

The Ministry of Finance issued a circular on doing a good job in the comprehensive demonstration of e-commerce in rural areas in 2020. The "Circular" points out that it is necessary to vigorously develop rural e-commerce, promote the formation of an agricultural product circulation system and a modern rural market system with the smooth flow of agricultural products to cities and industrial products to the countryside, and the integration of online and offline, and cultivate a number of demonstration counties with their own characteristics and experiences that can be replicated and popularized. The central government funds implement the "encourage development + negative list" management model, focusing on supporting the following directions: County, township and village three-level logistics and distribution system, rural e-commerce public service system, rural modern circulation service system, rural e-commerce training system.

[Shenzhou car Rental: BAIC will buy no more than 21.26% of shares from Shenzhou Youche]

China car Rental announced on the morning of June 1 on the Hong Kong Stock Exchange that the board of directors has been informed by China excellent Motor Co., Ltd. that it has entered into a non-legally binding strategic cooperation agreement with Beijing Automobile Group Co., Ltd on May 31, 2020. Under the Strategic Cooperation Agreement, BAIC will acquire not more than 450 million shares from Shenzhou Youche, representing approximately 21.26% of the total issued share capital of the Company as at the date of this announcement. The details and terms of cooperation between Shenzhou Youche and BAIC are still under negotiation.

Institutional point of view

Anxin strategy said that in the coming months, the core of A shares will still have to grasp the general trend of "recovery bull". If there is a significant adjustment in the short term because of concerns about China and the United States, it is an opportunity to seize. In the near future, the industry focuses on: new energy vehicles, military industry, semiconductors, cloud computing, Internet, communications, securities firms, aviation, etc., focusing on autonomous control, satellite Internet, Hubei regional revitalization and so on.

Guotai Junan Securities: the allocation value of the leader is outstanding in a wide liquidity environment.

The overseas situation is rising again, and from the point of view of the market's pricing of risk, the pressure of adjustment remains. This round of global resonance monetary easing has increased the damping of the decline, which is still in the middle of the era of leading premium. In the medium-term dimension, the market desire rises and suppresses first.

Configuration direction: medium-term thinking, is still dominant, style preferred consumption and technology. With reference to the current configuration idea, the style configuration is still dominant, within the style, the differences between industries are diluted, and the differences within industries are increased. Looking back, the main line of investment is still around two: 1) low valuation + stable profit combination, cycle (building materials / machinery / construction), consumption (small household appliances / new energy vehicles), science and technology (communications / military industry), finance (brokerage). 2) grasping the main line of science and technology in the dimension of the whole year, the process of repairing the mobility of electronics, communications and computers will not be smooth.

CICC: domestic demand recovery deepens, continuing to focus on "pure domestic demand" in June

Looking forward, China's resumption of work and production is expected to continue to deepen, and there may be a significant recovery in more areas, overseas epidemics may continue to show a downward trend, and China's external demand outlook may also have a marginal improvement. at the same time, although the market valuation is structurally differentiated, the overall valuation is not high, some domestic demand-related sectors are still undervalued, and the market liquidity is relatively abundant, so CICC believes that it is not appropriate to be overly pessimistic about the market outlook. In June, it is still proposed to continue to tap structural opportunities around the theme of deepening recovery, including new economic areas such as domestic consumption services, as well as new infrastructure and housing-related industrial chains, specifically, including household appliances, household light industry, food and beverages, cars and spare parts, hotel tourism, leading real estate, building materials, new energy vehicle industry chain, and so on.

Zheshang Securities: it is a high probability to "cut the reserve requirement and interest rate" in June, and continue to "take medicine and drink".

"cut reserve requirements and interest rates" in June is still a high probability event. Judging from the situation in previous years, June every year is the high incidence period of cash shortage in the market. There are two main reasons: (1) the bank faces the mid-year assessment, and the enterprise settlement in the middle of the year leads to the return of funds; (2) June coincides with the end of the quarter and the end of half a year, and the wealth management products expire. In the face of a relative shortage of funds, the central bank is expected to implement further measures to cut reserve requirements and interest rates in June.

Those who go against the trend move forward and cling to the market of "drinking and taking medicine". The factors driving the market of essential consumer goods still exist in June: 1) frequent geopolitical events; 2) the introduction of policies to promote consumption; 3) the expansion of FTSE Russell in June, foreign preference for consumer blue chips, and so on.

Bank of China International Securities: the profit-making effect in June is weaker than that in May

June A-share market forecast: liquidity pressure increases, denominator logic further weakens. The repair trend of domestic demand determines that the downside risk of the market is controllable, and the marginal increase of liquidity pressure makes the market risk preference under pressure. the game pattern of market stock continues in June, and the money-making effect is weaker than that in May. 1) in terms of profitability, the trend of domestic demand repair has been established, and it is difficult to exceed expectations in the short term in terms of amplitude and rhythm. 2) in terms of liquidity, the marginal liquidity pressure increases at the end of the quarter, and there is a possibility of further downward policy interest rates. 3) in terms of risk preference, market risk preference is under short-term pressure.

Configuration suggestion: the stock game pattern continues, certainty is supreme. The market's short-term pursuit of performance certainty will continue, valuation factors will give way to the market style, and it is difficult to see signs of breaking the clustered stock of funds. Further attention should be paid to the process of domestic economic repair in the future. The domestic economic repair kinetic energy is weaker than expected, and the liquidity environment is expected to remain mild, and the consumer sector must continue to stick together. At the same time, it can gradually enhance some general growth sectors represented by new energy vehicles, which are in the early stage of industry growth, with high self-controllability and strong performance certainty in the industrial chain.

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