[stock market afternoon report] Market volatility intensified, Prev successfully turned red after setting a new low in intraday trading, tourism and hotel stocks rebounded collectively, and novel coronavirus concept stock led the decline.

1. [review of early trading]

The market opened high and fluctuated in the morning, and the Shanghai Composite Index hit a new low in intraday trading. On the disk, the tourism plate opened stronger, Guilin tourism, Zhongxin tourism, Qujiang cultural travel, Caesar tourism rose by the limit. Electronic ID card concept unit continues to strengthen, Nanwei Software 4 connected board. Medicine-related plates are adjusted collectively today. On the whole, stocks fell more than rose less, with more than 2600 stocks falling in the two markets. The half-day turnover on the Shanghai and Shenzhen stock markets reached 652.3 billion, 5.5 billion higher than in the morning of the previous trading day. In terms of plates, tourism, airport shipping, electronic ID cards, east and west calculation and other plates led the increase, while novel coronavirus testing, medical devices, novel coronavirus treatment, assisted reproduction and other plates led the decline. By the close of midday, the Prev index was up 0.04%, the Shenzhen Composite Index was down 0.23%, and the gem index was up 0.57%. In terms of northbound funds, Shanghai stocks had a net outflow of 418 million in early morning trading, while Shenzhen stocks had a net outflow of 350 million in early morning trading.

A total of 48 shares in the two markets rose by the daily limit (excluding ST and unopened new shares), and 18 shares were not closed by the daily limit, with a closure rate of 73.13%. There are 10 board stocks in the two cities. Among them, the new crown medicine stock Beihua shares, electronic ID card shares Nanwei software 4 connected boards, lithium battery shares Songdu shares, Debang shares 3 connected boards, tourism plate Lingnan Holdings, electronic ID card shares Yingfeituo, large infrastructure plate Zhejiang Jiantou, Northglass shares, east count plate DiWeixun, big fund plate Kelida and other stocks.

On the plate, the tourism and hotel catering sector led the gains today, including Qujiang Wen Travel, Caesar Travel, Lingnan Holdings, Huatian Hotel and other stocks. On the news, the Ministry of Culture and Tourism held a meeting of the leading group on the prevention and control of the novel coronavirus epidemic, which stressed that A-level tourist scenic spots should strictly implement the requirements of "limit, reservation, wrong peak" and implement the ticket reservation system. Travel agencies and online tourism enterprises should strictly implement the "circuit breaker" mechanism for the management of inter-provincial tourism activities, and suspend the business of cross-provincial group tourism and "air tickets + hotels" in and out of land border port cities. In fact, when the epidemic occurs repeatedly in China, there are certain expectations for the negative impact of the domestic hotel and tourism market, and such expectations are first reflected in the stock price. Hotel catering, tourism and even airport aviation-related stocks mostly showed a weak downward trend in the early stage. And the early bearish sentiment has been released more fully, coupled with the official landing of boots last night, the market ushered in a short-term retaliatory rebound today. But on the whole, today's rebound is still dominated by emotional repair, and the follow-up continuity remains to be observed.

Electronic ID card still continues to go against the trend to lead the upward trend, in which Tianyima won the 20CM limit, Nanwei software 4 continuous board, Infineto 2 continuous board. The electronic identity card board connects the infrastructure construction of "Internet +" on one side and the broad masses of people on the other, so the market prospect is obvious. Coupled with the strong guidance of the policy, the follow-up is still expected to form an independent trend in the current weak market atmosphere. The investment clues extended by system platform and construction, reading equipment and chips, encryption and signature services are also the focus of follow-up attention.

The East and West calculation plate has recently been repeatedly active in the recent session, with Deweison winning 20cm, Merrill Cloud, Nanwei Software, Invik trading limit, Lion Technology, Zhongfutong, Chuling Information, Zhizhen Technology, Capital online and so on. According to the research report released by Galaxy Securities, at present, the scale of China's data center has reached 5 million standard racks and the computing power has reached 130EFLOPS (1.3 trillion floating-point operations per second). In the future, the demand for computing power of the whole society is expected to grow at a rapid rate of more than 20% every year, and the number of computing hubs will further increase in the future, which will directly boost the incremental demand for upstream supporting facilities and servers.

On the other hand, under the lead of the lithium battery plate, the track stocks also have a relatively anti-fall performance recently. Among them, the short-term leader Song du shares gained three consecutive boards, and in terms of institutional stocks, Ningde Times, Rongjie shares, Rongbai Technology and so on rose by more than 4%. Qianhai Securities of East Asia recently released a research report saying that under the current general trend of automobile globalization and electrification, global sales of new energy vehicles are still expected to maintain a rapid growth trend, and there are still structural opportunities in the new energy vehicle sector in 2022. As the track stock is one of the "strongholds" of institutional funds, and in the last two days, some stocks have first released a certain signal to stop falling and stabilize, when the track stocks can take the lead in the follow-up trend to form a rebound, which is more beneficial to the relief of market panic.

In short, today's market volatility has intensified, Prev once refreshed this wave to adjust a new low under the background, the final success of the red. It also reflects that after the recent panic slump in the market, some funds have begun to try to make a bottom, with funds flowing to hotel tourism, east and west, lithium batteries and other plates. Therefore, the follow-up continuity of the above-mentioned plates is particularly important. Once the bottoming funds fail to get positive feedback, the panic in the market will come again. In terms of high-level popularity stocks, as the novel coronavirus concept plate led the decline today, the previous popular stocks Nuoweizan, Guangshengtang and Huahai Pharmaceutical fell by more than 9%. And the concept of electronic ID card continues to be strong, including Nanwei Software 3 continuous board, Infineto 2 continuous board, remote information up more than 7%.

Noon limit analysis chart

2. [market News focus]

1. Financial Associated Press, March 16, Mingde Biological announcement, the company novel coronavirus antigen detection reagent to obtain medical device registration certificate. Shanghai Kaibao announcement, the company's product Tanreqing injection included in the "COVID-19 diagnosis and treatment plan (trial ninth edition)". Poni Test announced that it plans to acquire a 70% stake in Shenzhen Tongtest testing Technology Co., Ltd. with 49 million yuan. The deal will help fill the gap in the company's electronic and electrical testing field in South China. Four-dimensional map new announcement, won the ISO 26262 functional safety management system certification, ISO 26262 is a globally recognized automotive functional safety standard. Shenzhen Huaqiang announced that the controlling shareholder's private issuance of exchangeable bonds (the second phase) will enter the stock conversion period on March 23, with an initial conversion price of 31 yuan per share.

2. The Ministry of Industry and Information Technology attaches great importance to the protection of users' rights and interests. In view of the problems reported in the March 15 party, such as deceiving users into downloading malicious Wi-Fi in the name of free APP, forced bundling and downloading of application software platforms, harassing phone calls, and safety protection of children's watches, the Ministry of Industry and Information Technology immediately organized careful verification and strictly investigated and dealt with in accordance with the requirements of relevant laws and regulations. Aiming at the problem of forced bundling and downloading of application software platform. First, organize the relevant provincial communications administration to investigate and deal with the exposed Baizhu network companies and PC6, Platycodon grandiflorum, ZOL, Tengniu and other software download platforms in accordance with the law. The second is to draw lessons from the example, urge the major software download platforms to carry out self-inspection and self-correction, and comprehensively rectify illegal behaviors such as bundling, deception, misleading users to download software, and so on.