Financial news
1. Li Keqiang made important instructions on the national spring teleconference on agricultural production and stressed that we should stabilize pig production, do a good job in the prevention and control of major animal diseases and insect pests, and make every effort to ensure national food security and the effective supply of important agricultural and sideline products.
2. Guo Shuqing, party committee secretary of the people's Bank of China and chairman of the China Banking and Insurance Regulatory Commission: the high level of financial markets in developed countries in Europe and the United States runs counter to the real economy; the inflow of foreign capital into China is inevitable. At present, the scale and speed of inflows are within a controllable range, so it is necessary to study more effective measures to encourage cross-border flows of capital elements without causing excessive fluctuations in the domestic financial market.
3. Guo Shuqing said: the bubble momentum of real estate finance has been curbed, and the growth rate of real estate loans in 2020 is lower than that of various loans for the first time in eight years. The tendency of real estate finance and bubble is still relatively strong. Many people buy houses not to live, but to invest or speculate, which is very dangerous. We must actively and steadily promote the steady and healthy development of the real estate market.
4. Cui Dongshu, Secretary-General of the bus Association: the risk of cutting off the supply of automobile chips is gradually resolved. At present, the retail price of automobile is relatively stable, and there is no obvious trend of price increase, which reflects the strong corresponding ability of inventory. As the Ministry of Industry and Information Technology and domestic electronics enterprises comprehensively promote countermeasures to alleviate the chip problem, as extremely mature automotive chips, the new production capacity will be gradually released, and the sales volume of the automobile market will not be greatly affected by the shortage of chips.
5. Data show that a total of 39 new funds were set up in February this year, a 40-month low, and 149.9 billion funds were raised in a single month, while the share reached 554.2 billion in January this year, a month-on-month decline of more than 70%. At the same time, the figure also hit the lowest level since March 2020.
6. According to the release of the Hurun Global Rich list, Musk, founder of Tesla, became the richest man in the world for the first time with a fortune of 1.28 trillion yuan. Zhong Yingyi of Nongfu Mountain Spring, the "king of bottled water", with a wealth of 550 billion yuan, became the first Chinese entrepreneur to enter the top 10 in the world, ranking seventh and the richest in Asia.
Corporate focus
Tianshan Co., Ltd. (000877)
Purchase cement assets from Chinese building materials at a price of 98.1 billion yuan
Tianshan shares disclosed the draft restructuring report on the evening of March 2, and the company intends to issue shares and pay cash. Purchase assets such as 100% equity in Zhonglian cement, 99.9274% equity in Southern cement, 95.7166% equity in Southwest cement and 100% equity in Sinopec cement from 26 counterparties such as China Building Materials. The total value of the underlying assets is about 98.142 billion yuan. At the same time, the company plans to raise no more than 5 billion yuan from no more than 35 specific investors.
CSR Note:
As of March 2, Tianshan shares closed at 16.89 yuan per share, up 3.05% and nearly 20% after the Spring Festival holiday. Tianshan shares said that before this transaction, the company's main business involved in cement, clinker, commercial concrete production and sales, business areas concentrated in Xinjiang and Jiangsu. After the completion of this transaction, the company's main business is the production and sales of cement, clinker, commercial concrete and sand aggregate. The company's business scale will expand significantly and will become the leading listed company in the cement industry in the country. Cement production capacity has increased to more than 400 million tons, cement clinker production capacity has increased to more than 300 million tons, and commercial concrete production capacity has increased to nearly 400 million cubic meters. The production capacity of sand and gravel aggregate will be increased to more than 100 million tons.
Starr semiconductor (603290)
It is proposed to raise no more than 3.5 billion yuan.
On the evening of March 2nd, Starr Semiconductor disclosed the private stock offering plan for 2021, which is intended to raise no more than 3.5 billion yuan for the R & D and industrialization projects of high-voltage process power chips and SiC chips, the automation transformation project of power semiconductor module production line, and supplementary liquidity.
CSR Note:
Since its listing in February 2020, Starr Semiconductor shares have risen more than 18 times, with the latest closing price at 250.18 yuan per share. The company is the leader in A-share IGBT power semiconductors, with IGBT module as the main business, accounting for more than 95%. In this fund-raising project, nearly 60% of the funds are invested in high-voltage characteristic process power chips and SiC (silicon carbide) chip research and development and industrialization projects. It is reported that the SiC power device has the characteristics of reducing the loss and reducing the volume and weight of the module. With the rapid development of new energy vehicle market, SiC power devices are widely used in high-end new energy vehicle controllers.
Announcement selection
China Baoan (000009): 10% of shares held by Shaoguan Gaochuangju
Advanced Digital Communication (300541): Chi Mi Technology will hold shares in the industrial investment funds set up by listed companies.
Jiangxi-Guangdong Expressway (600269): plan to start the pre-listing work of the spin-off subsidiary Fangxing Co., Ltd.
Jinpu Titanium Industry (000545): increase the sales price of titanium dioxide
Medium nuclear titanium dioxide (002145): increase the price of various types of titanium dioxide
Anada (002136): increase the sales price of various types of titanium dioxide
* ST Lifan (601777): revoke the delisting risk warning and implement other risk warnings from the 4th.
Baida Group (600865): the offer expires and the trading is suspended on March 3.
* ST Pengqi (600614): the accused, Zhang Pengqi, was arrested on suspicion of insider trading.
Xiamen Xiangyu (600057): introducing War Investment China Reclamation Fund to strengthen Grain supply chain Business
Huatian Science and Technology (002185): Huatian Xi'an equity held by the proposed 744 million yuan transfer fund
Original shares (603813): it is proposed to raise an additional 197 million yuan for the company's related parties to subscribe.
Yunnan Coal Energy (600792): sign an investment agreement to invest in the transformation and upgrading project of coking environmental protection
Ganfeng Lithium Industry (002460): signed a strategic cooperation agreement with Science and Technology
CNC (603185): plan to cooperate with Jiangsu Zhongneng to build R & D projects in granular silicon production and downstream fields.
Gree Electric Appliance (000651): has spent 683 million yuan to buy back 11.7653 million shares
Shenkai shares (002278): it is proposed to buy back shares not exceeding 141 million yuan.
Chuanhua Zhaopin (002010): some Dong Jian Gao plans to increase the company's shares by 12.8 million shares.
Yellow River whirlwind (600172): increased shareholding by Xuchang City Investment Wisdom City Development and Construction Company
Andely (603031): Chen Xuegao, the largest shareholder, intends to reduce his stake by no more than 7.226%.
Nanjing Panda (600775): China Huarong plans to reduce its stake by no more than 2%
Jinfeng Technology (002202): no more than 3% of the shares of the three Gorges New Energy Company will be reduced.
Shaanxi Black Cat (601015): Shaanxi Provincial material Industry Group plans to reduce its stake by no more than 5%.
Citic Guoan (000839): plan to choose a machine to sell some shares
Performance report
Haichen shares (300873): net profit in 2020 increased by 51.65% compared with the same period last year.
Jindalai (688057): net profit in 2020 increased by 50.09% compared with the same period last year.
Superstar Technology (002444): net profit in 2020 increased by 46.44% compared with the same period last year.
Qiming Star (002439): net profit in 2020 increased by 15.19% compared with the same period last year.
Hagrid Communications (002465): net profit in 2020 increased by 12.51% compared with the same period last year
Galaxy Electronics (002519): net profit of 170 million yuan in 2020, an increase of 11.42% over the same period last year
Tongling Nonferrous (000630): the net profit in 2020 is estimated to be 840 million yuan, an increase of 1.14% over the same period last year.
Guancheng Chase (600067): net profit of 312 million yuan in 2020 decreased by 25.43% compared with the same period last year.
Probiotics (002458): net profit in 2020 decreased by 95.77% compared with the same period last year.
A collection of research papers
Anxin Securities: the goal of "carbon neutralization" is good for four main lines.
Anxin Securities Research News said that "carbon neutralization" will be a theme investment opportunity for up to 40 years. The four major measures to reduce carbon emissions are: (1) to increase the proportion of clean energy structure; (2) to accelerate the electrification process in all sectors; and (3) to reduce non-essential energy consumption (including industrial energy conservation, building energy conservation,); (4) the use of carbon sequestration or removal technologies. Carbon neutralization target is good for the four main lines: clean energy: photovoltaic, wind power, energy storage, biomass energy, new energy vehicles, intelligent Electroweb, etc.; new energy upstream raw materials: copper, silicon, new energy metals (lithium, nickel, cobalt); carbon neutralization target driven supply and reform: coal and coal chemical industry, iron and steel, cement and other plate leaders; Energy-saving and environmental protection requirements: environmental monitoring, new energy sanitation equipment, degradable plastics, energy-saving systems, green building materials, etc.
Dongguan Securities: optimistic about domestic substitution of Semiconductors
Dongguan Securities Research News pointed out that the global wafer production capacity continues to be tight, and it is optimistic about the localization opportunities of equipment and materials under the trend of domestic substitution of semiconductors for a long time. Benefiting from the strong demand for downstream consumer electronics, 5G communications, servers and automotive electronics, and superimposed by multiple factors on the supply side, such as repeated overseas epidemics, power cuts in the United States and Earthquake in Japan, global wafer manufacturing capacity remains tight and product delivery is extended. SMIC has obtained the supply license of some 14nm and above process equipment, which means that the certainty of the company's future production expansion has been improved, and the domestic substitution process of domestic semiconductor equipment and materials enterprises is expected to be accelerated.
Main force trend
Northbound funds: on March 2, there was a net outflow of 6.791 billion yuan. China Zhongji, Lixun Precision, BYD and Longji had the top net sales of 483 million yuan, 400 million yuan, 375 million yuan and 280 million yuan respectively, while Midea, Luzhou laojiao, Yao Mingkangde and Wanhua Chemical ranked in the top. they were 557 million yuan, 478 million yuan, 374 million yuan and 348 million yuan respectively.
Institutional trend: on March 2, the institutional seats in the Dragon and Tiger list sold a net 75 million yuan. The stocks with more net purchases are Xu Ji Electric, Xianhe Environmental Protection, Shanxi Coking, etc., while the stocks with the highest net sales are Shengda Resources, Pharmaceutical Tesco, Hanzhong Jingji and so on.
In the list of dragons and tigers, the business department bought a net of 95 million yuan. The stocks with more net purchases are the Bank of China, Zhangyuan Tungsten Industry, and China Gold, while the stocks with the highest net sales are Luxi Chemical, Qixin shares, Xianhe Environmental Protection, and so on.
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Overseas trends
European and American market
The three major US stock indexes fell on Tuesday. The Nasdaq fell 1.69%.
Large U. S. technology stocks fell across the board on Tuesday.
Financial stocks are mixed.
IMF: has been approved to launch a $500 billion new reserve program
Georgiyeva, managing director of the International Monetary Fund ((IMF)), said online at the African Finance Forum on Tuesday that the IMF was moving forward with a plan to provide $500 billion to member countries after the G20 last week urged the organization to develop a new plan to allocate its reserve assets.
The dollar index fell 0.29%
By late Tuesday in New York, the dollar index was down 0.29% at 90.7760.
Three major European stock indexes rose on Tuesday
China-listed stock
Most of the hot Chinese stocks fell by more than 13% on Tuesday.
Geely Baidu sets up Jidu Automobile Co., Ltd.
Geely and Baidu set up a new joint venture on the 2nd, the company is named Jidu Automobile, the registered capital is 2 billion yuan, and the legal representative is Xia Yiping. The company's business scope: new energy vehicle and related parts of technical services; auto parts and accessories manufacturing; new energy vehicle sales; auto parts wholesale; information system integration services; car rental; industrial investment.
Bulk commodities
International oil prices fall by more than 1%
WTI April crude oil futures fell 89 cents, or 1.47 percent, to $59.75 a barrel on Tuesday. Brent April crude oil futures fell 99 cents, or 1.55 percent, to $62.70 a barrel.
Gold rose 0.62% in New York.
COMEX4 monthly gold futures rose $10.60, or 0.62%, to close at $1733.60 an ounce on Tuesday.
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