MT5 standard platforms in the industry|Spark Global Limited

Mo launched a crypto fund service for it

Spark Global Limited reports:

JPMorgan has become the first major bank to “offer cryptocurrency funds to high-net-worth retail investors”. The move applies to all of its clients, including those who use the Small Motorcycle trading app, the vast majority of wealthy clients whose assets are managed by jpmorgan Advisors, and the super-rich served by its private bank.

Cryptocurrencies have grown dramatically over the past four years. Back in September 2017, jpmorgan Chase CHIEF Executive Jamie Dimon lashed out at bitcoin, calling it “a fraud” and a “bad death” for institutional investors when it first emerged. And predicted that it would lead to a speculative bubble worse than the 17th-century Dutch tulip bulbs. He also said he would fire any trader foolish enough to trade bitcoin. In May, Jamie also publicly disapproved of the asset class

But now the tables have turned. Jpmorgan chase, which once railed against bitcoin, has set up a Bitcoin fund for wealthy clients, and market analysts who used to disparage bitcoin and other cryptocurrencies in the media are catching up on the digital currency news.

The bank has been expanding its $630bn wealth management business this year. This week, the bank announced that it will be able to trade five cryptocurrency products, including four from Grayscale Investments and one from Osprey Funds, effective July 19.

However, jpmorgan’s advisers can only handle cryptocurrency trades on request, meaning they can’t recommend cryptocurrency products to clients, they can only trade on request. But the current policy could be loosened further if more clients voluntarily turn the decision over to advisers.

Business Insider also says jpmorgan has agreed to accept the Grayscale Bitcoin Trust, the Bitcoin Cash Trust, the Ethereum Trust, the Ethereum Classic Tool, and the Osprey Fund’s Bitcoin Trust.

The move is significant for jpmorgan, which analysts say wants to generate more fees in the face of explosive deposit growth and stagnant lending.

Other big banks, such as Goldman Sachs, Morgan Stanley and Bank of America, have yet to offer direct cryptocurrency funds to retail wealth clients, but other competitors are also moving in, given the growing number of family offices that manage the assets and personal affairs of the wealthy looking to invest in cryptocurrencies.

According to a recent Goldman Sachs survey, 15% of clients surveyed, including more than 150 family offices worldwide, have invested in cryptocurrencies, and 45% are interested in joining them as a hedging tool, To accommodate “macroeconomic conditions such as high inflation and prolonged low interest rates resulting from a year of unprecedented global monetary and fiscal policy stimulus”. The attitude of these hidden family offices, which serve the rich, will affect several markets.

Some estimate that if these high net worth individuals each bought and held just one bitcoin, there would be no bitcoin in circulation. Of course, that’s not going to happen. At the very least, we all know that the vast majority of Bitcoin is in the hands of a few whales. According to j.p. Morgan, only 5 percent of the more than 18.7 million bitcoins currently in circulation have actually changed hands over the past year, meaning millions of bitcoins are held in a handful of accounts.

They also expressed interest in investing in the “digital asset ecosystem.” Meena Flynn of Goldman Sachs Private Asset Management:

“Most family offices want to talk to us about blockchain and digital ledger technology. They think it will be as productive as the Internet in terms of increasing efficiency.”

However, other clients surveyed indicated that they are still very concerned about the long-term value of digital currencies, even with the recent increase in the financial industry’s tolerance towards cryptocurrencies and blockchains. Bitcoin, the world’s largest cryptocurrency, is now more than 50% below its all-time high of nearly $65,000 in mid-April. On Tuesday, the price of bitcoin fell below $30,000 for the first time in a month, but overall, it is up more than 230 percent from last year’s level.

Why can’t oil go to $80?

Spark Global Limited reports:

Oil prices are still some way from $80. After hitting $77 earlier this month, momentum appears to be running low. Despite recent bargain-hunting by leading investment banks and their fund manager clients, oil prices have failed to reach the much-touted $80 a barrel price.

Why aren’t oil prices going up? Can’t we hit $80 again?

Oilprice analyst Simon Watkins cited two reasons. On the one hand, crude oil supply from Opec + is gradually recovering. The United Arab Emirates got its wish last week, boosting its oil production from about 4m barrels a day to 5m. In addition, the potential influx of new oil from Iran, coupled with increased production from non-OPEC producers, could lead to an increase in oil supply.

Another reason oil has failed to reach the milestone of $80 is us political reality. This is the main focus of this article.

“Nothing scares the president of the United States more than soaring oil prices.”

However much President Joe Biden may be pro-environment in theory, wanting to reduce the retail price gap and develop more green alternatives, the harsh political reality is that he knows all too well how damaging a president can be if prices rise.

In fact, U.S. presidents in recent years, including Trump, have not wanted oil prices to go up. The economics behind this is that every $0.01 increase in the average PRICE of gasoline in the US is expected to cost more than $1bn a year in additional discretionary consumer spending. The historical rule of thumb says that a $10 change in the price of crude oil leads to a $0.25 change in the price of a gallon of gasoline.

Brent crude priced at $90 to $95 a barrel would be equivalent to gasoline priced at about $3 a gallon, while brent crude priced at $125 to $130 would be equivalent to gasoline priced at about $4 a gallon, the data show. But $3.00 a gallon is a red line. If gas prices go up to $4.00 a gallon, then the president can be prepared to resign or even start a war to distract the public and save himself.

BobMcNally, an energy adviser to former president George w. bush, made this point very clear:

“Nothing scares the president of the United States more than a spike in fuel (i.e., gasoline) prices.”

That’s the main reason why for years the White House has maintained an unofficial price cap of around $75 to $80, an unwritten rule in the White House since the end of the oil price war.

Looking back on history, the only other time brent breached the $75 ceiling was in the second half of 2018, when Saudi Arabia and Russia teamed up to raise crude prices and then-President Donald Trump gave the first warning signal in a speech aimed at Saudi Arabia.

At that time, Trump warned that Saudi Arabia had violated the agreement reached between PRESIDENT Roosevelt and Saudi King Abdul Aziz in 1945 on the Great Bitter Lake section of the Suez Canal, and that the United States could withdraw troops from Saudi Arabia at any time and no longer guarantee Saudi Arabia’s national security. Trump had already taken aim at Opec at the United Nations General Assembly, saying:

“Opec and its members are looting the world, and I don’t like it, and nobody likes it. We protect many of them for nothing, while they drive up gas prices and take advantage of us. This is not good. We want them to stop raising prices, we want them to start lowering prices, and they have to pay a lot for the military protection that the United States provides.”

To this day, the White House still seems to believe that. Energy website Oilprice also reiterated that the White House will continue to put intense pressure on Saudi Arabia and other Opec producers to increase production and lower prices. That’s why the government hasn’t put pressure on U.S. shale producers and their investors to increase production.

In addition to domestic politics, analysts say the United States might be happy to see more OIL from the United Arab Emirates in the short term. That ambition fits perfectly with the White House’s new policy in the Middle East.

The RELATIONSHIP between the United States and the United Arab Emirates is not simple

The new policy began with a “normalization” agreement between the US, Israel and various Arab states in the final days of Mr Trump’s presidency. Simply put, this new policy orientation aims to unite Arab states that have not yet gotten too close to Russia and Iran, and to weaken Russia’s grip on Iran and Iraq.

If the policy succeeds — and while the Iran-Iraq part is likely to fail, it is worth a try — the United States will also be able to further reduce its dependence on Saudi Arabia. All in all, the UAE is critical to the United States in implementing this new policy, which is why the United States first normalized relations with it.

In addition, the UAE has launched its massive “300 billion Action” economic expansion strategy, partnered with US-BASED ICE to establish the ABU Dhabi Crude Oil Futures Exchange, a new trading platform based on its oil, and started expanding the Fujairah oil export hub. It will serve as a connection to Iran’s Goreh-Jask pipeline oil export route.

More broadly, the UAE has also reorganized its Supreme Petroleum Council, clearing the way for its oil ambitions. Analysts speculate that the UAE has also expanded its activities in Iran’s southern Khuzestan province, buying businesses and homes as part of joint intelligence co-operation with the US. The region is an important hub for Iran’s oil and gas reserves, as well as an influx of companies registered in the United Arab Emirates, especially those based in ABU Dhabi and Dubai, but mostly funded by Israel, which provides the basis for various ongoing intelligence-gathering operations.

This follows last month’s landmark $510m deal with Italian company Saibom to expand capacity at Shah Sour Gas Plant, the UAE’s flagship energy company, which will ensure the uae is self-sufficient in Gas from regional Gas giants, notably Iran, Any external pressure that might be put on it.

Last week, the UNITED Arab Emirates signed a $764 million drilling contract with companies supporting the new U.S. policy in the Middle East, aiming to boost oil production to 5 million barrels a day by 2030 as soon as possible.

ABU Dhabi National Oil Company (ADNOC), the largest oil company in the United Arab Emirates, signed a contract with US companies Schlumberger and Halliburton, as well as their subsidiary ADNOCDrilling. According to ADNOC, under the terms of the contract, the partnership will provide integrated drill-free services on ADNOC Coffshore’s six artificial islands in the Upper Zakum and Sataherazbote fields.

YaserAlmazrouei, executive director of ADNOCUpstream, summed it up last week:

“These important contracts will improve the efficiency of drilling and related services and optimize the cost of our offshore operations, increasing our production capacity and enabling the UAE to be self-sufficient in natural gas.”

Money has changed

New energy vehicles, semiconductors and other high prosperity track are undoubtedly the focus of the whole market in the near future, but with the stock price entering a historical high, the differentiation within the plate began to appear.

In early trading today, shares of leading companies in hot industries such as Ganfeng lithium and Quanzhi technology hit a new record. However, a large number of products have been withdrawn. Among them, the stock price of intelligent driving leader Junsheng Electronic Co., Ltd. has plummeted, causing a heated discussion among investors.

On the other side, some “unpopular” industries are showing signs of stabilization and recovery. Sany Heavy Industry’s share price suffered a “cut”, this morning to stop falling pull up, the largest increase of more than 8%, and drive the machinery industry as a whole strong.

Hot plate internal fierce differentiation

The wind new energy vehicle index rose 0.12% in the morning, showing significant differentiation within the plate.

Ganfeng lithium industry and Tianqi lithium industry, the two leading lithium mines, continued to pull up their share prices in the morning after the trading limit was raised yesterday, and both of them set new record highs. As of the midday close, Ganfeng lithium rose 5.54%, and its market value rose to 266 billion yuan; Tianqi lithium rose 4.55%, and its market value rose to 124.2 billion yuan.

Daily trend of Tianqi lithium industry

In the early trading, the stock price of Junsheng electronics, which is engaged in the intelligent driving business, fell by the limit, with more than 120000 orders closed. From the perspective of public information, there is no obvious negative factor for the sudden drop of Junsheng electronics today. Even a few days ago, securities companies issued in-depth research reports to give the company a buy rating.

Junsheng electronics daily trend

In addition to Junsheng electronics, dangsheng technology, Xinwangda, xinzhoubang, Xiaokang shares, Shanshan shares and other new energy vehicle related stocks all fell more than 4% in the morning

Reduction of major shareholders

Reduction of major shareholders“ “Yao Mao” diving pulled down the Chinese medicine plate, 66 stocks fell; Evergrande concept stock carnival, debt alert lifted?

This morning, a shares around yesterday’s closing point a small shock, the main stock index is mixed. Gem refers to the high opening, instant surpassing the Shanghai Composite Index, retreating again callback. On the disk, construction machinery, organic silicon, lithography, photovoltaic and other sectors were active, while pharmaceutical, aviation, hotel catering, tourism and other sectors were among the top decliners. The net inflow of capital to the North was 7.27 billion yuan.

Reduction of major shareholders“ “Yaomao” plummeted 23.4 billion, bringing down the traditional Chinese medicine plate

01

Pian Zi Huang falls sharply

On the 21st, Pian Zihuang announced that its controlling shareholder, Jiulongjiang group, due to the need for funds, will reduce its holding of the company’s shares within three months after 15 trading days from the disclosure date of this announcement, and the total number of shares will not exceed 1% of the total share capital of the company (no more than 6.03 million shares). According to today’s noon closing price, Jiulongjiang group can cash out more than 2.7 billion yuan this time. This is also the first time that Jiulongjiang group and its concerted actors have reduced their holdings of Pianzihuang. It is worth mentioning that this time, Jiulongjiang group reduced its holdings directly through the secondary market, rather than following the usual block trading.

In early morning trading, Pian Zihuang jumped short and opened low, down 7.93% at noon, losing more than 23.4 billion yuan in half day market value.

Reduction of major shareholders“ “Yaomao” plummeted 23.4 billion, bringing down the traditional Chinese medicine plate

Affected by the sharp fall of Pian Zihuang, pharmaceutical stocks fully recovered today. The pharmaceutical sector index fell by 2.58% in the morning, while guangyuyuan fell to the limit. Kangtai biological, Buchang pharmaceutical and Zhifei biological all fell by more than 5%.

Reduction of major shareholders“ “Yaomao” plummeted 23.4 billion, bringing down the traditional Chinese medicine plate

02

The photovoltaic industry is in good condition

In the second half of 2020, thanks to the strong demand for photovoltaic products, glass has become the most scarce raw material in the industrial chain, and the price has jumped several times, even affecting the normal delivery of components. Recently, the Ministry of industry and information technology issued the revised “cement glass industry capacity replacement implementation measures”《 The measures clearly put forward that the new photovoltaic calendered glass project no longer requires capacity replacement, but it is necessary to establish a capacity risk early warning mechanism. For the new project, the provincial competent department of industry and information technology entrusts a national industry organization or intermediary organization to hold a hearing and announce the project information. After the project is completed and put into operation, the enterprise will fulfill its commitment not to produce building glass《 The measures shall come into force on August 1, 2021.

The Ministry of industry and information technology said in the interpretation that it is expected that by 2025, there will be a large gap in photovoltaic calendered glass, and the structural shortage of photovoltaic glass production capacity has emerged. Therefore, in order to ensure the development of photovoltaic new energy and promote the adjustment of China’s energy structure, the measures implement differentiated policies on the capacity replacement of photovoltaic glass《 The implementation of the measures may effectively promote the release of photovoltaic glass production capacity.

The subsidiary only completed 23.67% of the promised performance in three years

The foreign merger and acquisition of Jiyao holdings a few years ago began to show disadvantages. Because the three-year cumulative performance completion rate of its subsidiary, Zhejiang Yali University, was only 23.67%, failing to fulfill its performance commitment, Jiyao holdings received a letter of concern from Shenzhen Stock Exchange on July 21.

Today, Jiyao holdings fell after the opening. As of the time when the reporter of securities times. E company issued a report, Jiyao holdings reported 4.21 yuan, down 0.2 yuan, or 4.54%.

He has frequently acquired pharmaceutical assets

The predecessor of Jiyao holding is Shuanglong Co., Ltd., which was originally one of the main enterprises in the domestic silica industry. In 2014, Shuanglong won 97.71% equity of Jinbao Pharmaceutical by issuing shares and paying cash to purchase assets and raise supporting funds, thus creating a dual main business pattern of “chemical industry + medicine”. Since then, the proportion of the pharmaceutical industry in the listed companies has been increasing, which makes the listed companies see the great development potential of the pharmaceutical industry. Therefore, they intend to go all out into the pharmaceutical field, and officially change the name of the company from Shuanglong shares to Jiyao holdings in August 2017.

The renamed Jilin Pharmaceutical holding company proposed to take the pharmaceutical industry (including Chinese and Western patent medicine, API and biopharmaceutical), pharmaceutical business (wholesale service), pharmaceutical terminal chain, and medical and nursing industries as its strategic positioning for development, and to make frequent acquisitions and expansion in the pharmaceutical industry after 2018.

For example, in January 2018, Jiyao holdings announced that it planned to increase the capital of Haitong pharmaceutical, with a capital contribution of 67.0625 million yuan and holding 10% equity of Haitong pharmaceutical; In April of the same year, Jilin Pharmaceutical Holdings announced that it planned to transfer part of the capital contribution rights of Bozhou Pharmaceutical Co., Ltd. of Minsheng Pharmaceutical Group, with a total capital contribution of 12.6 million yuan, and to transfer 70% equity of Yuanda Kanghua (Beijing) Pharmaceutical Co., Ltd; In June 2018, Jilin Pharmaceutical Holdings also announced its intention to acquire 70% equity of Liaoning Meiluo Pharmaceutical Supply Co., Ltd. in cash of 28 million yuan; Jilin Pharmaceutical Holdings announced on September 13, 2018 that it plans to pay a price of 618 million yuan to purchase 99.68% shares of Puhua pharmaceutical held by 46 natural persons including Yang Hua in cash.

It is worth mentioning that Jiyao holdings also announced on the evening of July 26, 2018 that it would terminate the purchase of 94.44% equity of tianqiang pharmaceutical. In addition, the company plans to purchase 100% equity of Zhejiang Yalida with its own capital of 230 million yuan. After the completion of this transaction, Zhejiang Yalida will become a wholly-owned subsidiary of the listed company, and the listed company will increase the capital of Zhejiang Yalida by 30 million yuan to supplement the working capital, complete the research and development of new products such as plant capsules and upgrade the production line

According to the announcement at that time, Zhejiang Yalida has been committed to building an excellent brand in the pharmaceutical excipients industry, and has a high brand awareness in the pharmaceutical hollow capsule industry. “Yalida capsule” trademark has been rated as a well-known trademark in China, and Zhejiang Yalida has also been rated as “Zhejiang science and technology-based small and medium-sized enterprises” and high-tech enterprises. Wang Pingping, then general partner of Alida investment, promised that the non economic net profit of Zhejiang Alida in 2018, 2019 and 2020 would not be less than 20 million yuan, 30 million yuan and 42 million yuan respectively.

Zhuhai state owned assets terminated its shareholding

According to reports, Zhuhai state owned assets will not take a stake in FF. In this regard, FF said it was inconvenient to have any response. According to people familiar with the matter, the new relevant investment institutions have completed the signing of the investment agreement and completed the payment within the specified time. The first tier cities which withdrew from the investment due to foreign exchange factors said that they would carry out in-depth cooperation with FF’s landing in China after FF’s listing.

More than half of the company’s share price doubled

On July 22, 2019, with the sound of a gong, the first batch of 25 companies started the transaction, and the technology innovation board, which attracted much attention, officially set sail.

Two years have passed. The number of listed companies on the science and technology innovation board has increased from 25 to 311, with a total market value of 4.93 trillion yuan. Both the quantity and quality are steadily improving.

Two year old science and technology innovation board stands at a new historical starting point. As the “experimental field” of A-share market reform, science and technology innovation board leads the reform of the whole capital market, improves the resource allocation efficiency of China’s capital market, and optimizes the structure of Listed Companies in the market.

The total market value of 7 shares exceeds 100 billion yuan

From the perspective of market value, the technology innovation board is also growing.

As of the close of July 21, among the 311 stocks listed on the science and technology innovation board, 118 companies on the science and technology innovation board have a market value of more than 10 billion yuan, of which 16 companies have a market value of more than 50 billion yuan, and 7 shares have a total market value of more than 100 billion yuan.

SMIC International (688981) has the highest total market value of 415598 million yuan; Next came Jinshan Office (688111), with a total market value of 182.496 billion yuan. The following stocks are kangxinuo, Huaxi biology, Chuanyin holding, China Resources micro and China micro (688012), with a total market value of 155.186 billion yuan, 146.198 billion yuan, 141.824 billion yuan, 109.607 billion yuan and 101.49 billion yuan respectively.

From the perspective of initial fund-raising, 311 shares raised a total of 380.585 billion yuan. Among them, SMIC international raised the highest amount of 53.23 billion yuan. Among those raising more than 10 billion yuan were China Communications, which raised 10.53 billion yuan.

The highest increase is more than 100 times

The booming technology innovation board has also been warmly sought after by investors in the secondary market. As of the close of July 21, the Kechuang 50 index was at 1565.64, up 12.39% this year, significantly outperforming the Shanghai Composite Index in the same period.

As of July 21, of the 311 stocks in the science and technology innovation board, 290 stocks rose relative to the issue price, while only 21 stocks fell. Among the rising stocks, 160 stocks doubled, accounting for more than 50%. Among them, two stocks rose more than 100 times.

Equity private placement for 4 consecutive weeks to reduce the position of billions of private placement to brush a new low within the year

Spark Global Limited reports:

The development of private fund in recent two years is “great year”.

According to AMAC’s official website, by the end of June 2021, the total management scale of private equity had reached nearly 18 trillion yuan, hitting a new high. The number of managers is more than 24,000, and the number of products is more than 100,000.

Screen shot 2021-07-19 PM 4.14.54

In fact, private equity has been reduced for 4 consecutive weeks, down to the level at the beginning of the year.

Private placement network portfolio master data showed that as of July 9, the overall position index of equity private placement was 80.10%, reduced positions by 0.04 percentage points.

Remarkably, except for the 5 billion scale equity private placement index, the rest of the scale equity private placement index are back to the level of the beginning of the year. Among them, 10 billion private placement single week to reduce the largest, 10 billion private placement level once again refresh a new low within the year.

It is reported that as an industry vane of billions of private equity every move has been concerned.

2021 enters the second half of the year, even though the equity private placement index has fallen back to the level at which it started the year. But head private placement to speed up product filing. The number of securities private placements with more than 10 filings since July has risen to 14, an increase of six from the previous week.

Spark Global Limited reports:

In terms of products, a total of 883 private placement products completed the filing last week, 16 more than the previous week. Among them, the total number of products issued by private equity managers was 685, accounting for 77.58%, basically flat compared with last week.

Record the number of products more than 5 private placement of a total of 13, the number of record is more Gao Yi assets, Qilin investment, nine Kun investment, wide investment production, Leijun assets, century frontier assets, Ming 汯 investment. Among them, Gao Yi assets a week for the record of 30 products, the record champion again. In addition, Gaoyi Asset has recorded 53 products since July, temporarily ranking the first in the monthly list.

The index rose 3 percent in afternoon trading to its highest level in nearly six years

Spark Global Limited reports:

July 21 news, A – share three index collective high open, water conservancy concept led up. Intray high shock index, salt lake lift lithium, lithium battery concept lift tide, semiconductor, Hongmeng concept, MCU chip, integrated circuit and other technology stocks continue to break, rare earth, automobile strength; Coal, airport shipping back, food and beverage, tourism plate weakened. Afternoon, the index continued to rise, once up more than 3% to a nearly six-year high, photovoltaic, military, titanium dioxide change to pull up; Pork and liquor concepts fell and weakened. In general, the market sentiment recovered significantly, more than 2,900 stocks rose in the two cities, the turnover again broke one trillion yuan, northbound funds bought more than 3 billion yuan during the day.

Spark Global Limited reports:
Specifically, the Shanghai Composite Index closed at 3562.66 points, up 0.73%, with turnover of 517.2 billion yuan (the previous trading day’s turnover was 422.6 billion yuan). The Shenzhen Component Index closed at 15,212.60 points, up 1.34 percent, on turnover of 692 billion yuan (544.1 billion yuan in the previous session). The Dow Jones Industrial Average was up 2.78 percent at 3560.05 points, on turnover of 297.1 billion yuan (220.2 billion yuan in the previous session).
On the plate, Salt Lake lithium, vehicles, lithium batteries and other plates up, the airport shipping, coal mining and processing, tourist attractions and other plates down.
Hot plate:
1. Lithium battery
News:
Tianfeng Securities (4.570, 0.02, 0.44%) research report pointed out that in 2021, a number of downstream lithium enterprises have carried out large-scale expansion, lithium equipment Davis Double-Click is expected to be forthcoming. Due to the general shortage of lithium equipment capacity, terminal orders gradually spread to the second-tier manufacturers. According to statistics, in 2021, mainstream manufacturers of lithium electric equipment received orders of nearly 45 billion yuan, among which lithium electric business orders reached about 34.8 billion yuan, 2.98 times and 2.31 times of their annual revenue in 2020, respectively. The lithium electric equipment was transferred to the seller’s market, and the supply and demand were very tight.
2. Coal mining and processing
Shanxi coking coal (7.780, 0.25, 3.11%), huaibei mining (11.440, 0.36, 3.05%), panjiang shares (7.520, 0.15, 1.96%), orchid kechuang (8.740, 0.11, – 1.24%), the jin coal (7.760, 0.16, 2.02%), xinji energy (4.820, 0.11, 2.23%) shares more obvious.
News:
According to the National Development and Reform Commission, China will release more than 10 million tons of coal reserves to ensure coal supply during the peak summer season. It is reported that China has built a coal reserve capacity of more than 100 million tons that can be dispatched by the government, and there are about 40 million tons of coal in reserve bases. The coal reserves to be released this time are mainly distributed in dozens of coal storage bases and relevant ports throughout the country, which can be put on the market at any time according to needs. In the next step, the National Development and Reform Commission will organize coal reserve resources to be put into the market in an orderly manner according to the change of supply and demand situation, so as to ensure the stable supply of coal.
News:
1, the Ministry of Water Resources of the latest news, expect the next 3 days, is set and the typhoon influence, the southern of north China, northwest of huanghuai, south, south east and south China southern yunnan and other places will have big to the heavy rain, the northern southern hebei, henan, shanxi, southeast, southwest of guangdong, guangxi and other places in southeast parts will have heavy rain, local heavy rainfall. It is expected that rivers in the Haihe River Basin including Zhangwei River, Ziya River and Daqing River, Yiluo River, Qinhe River and Fen River in the middle reaches of the Yellow River, Hongru River and Shaying River in the Huaihe River Basin, and the coastal areas of southern Guangxi and western Guangdong in the Zhujiang River Basin will experience significant flood. Some small and medium-sized rivers in the rainstorm area may experience floods above the normal level.
2. Recently, the State Medical Products Administration approved the listing of azivudine tablets, a class 1 innovative drug, by Henan Zhenzhen Biotechnology Co., Ltd. conditionally through the priority review and approval procedure. The drug is used in combination with nucleoside reverse transcriptase inhibitors and non-nucleoside reverse transcriptase inhibitors for the treatment of adult HIV-1 infected patients with high viral load. Azvudine is a novel nucleoside reverse transcriptase inhibitor and helper protein VIF inhibitor. It is also the first anti-HIV-1 drug with these dual targets. It can selectively enter CD4 cells or CD14 cells in the peripheral blood monocytes of HIV-1 target cells and play the function of inhibiting viral replication. The marketing of the variety provides a new treatment option for HIV-1 infected persons.
3. Shanxi Communication Administration Bureau officially released the Development Plan of Shanxi Information and Communication Industry in the 14th Five-Year Plan Period. The plan focuses on the construction of “double gigabit” network, and puts forward the implementation of 5G network coverage project and gigabit city construction project. By 2025, the province will have 120,000 5G base stations, and 5G networks will basically cover all towns and townships above and key administrative villages. The length of optical fiber lines reached 1.55 million kilometers, the number of broadband Internet access ports reached 26 million and FTTH ports reached 25.55 million. The number of gigabit broadband access ports in the province has reached 11 million, and the number of gigabit broadband users has reached 3.2 million. The household penetration rate of gigabit broadband has increased from 0.15% at the end of the 13th Five-Year Plan to 24%, and 6 gigabit cities have been built.
4. Zhengzhou, Henan Province was continuously hit by extreme heavy rain, which caused a large area of the city’s communication base stations to be out of service. The Ministry of Industry and Information Technology immediately launched the emergency plan and organized basic telecommunications enterprises to carry out emergency communication guarantee work overnight. At 1:00 and 8:30 on July 21, video distribution meetings were held twice to learn about the damage of communication facilities in the disaster-stricken areas, and to guide Henan Telecommunications Administration Bureau and basic telecommunications enterprises to do their best to ensure emergency communication and repair and restore the damaged communication facilities. As of 10 o ‘clock on July 21, 6,300 base stations and 170 optical cables were repaired for a total of 275 kilometers. The communications repair and recovery work is still under way.
5. Nanjing held a press conference to report the latest situation of COVID-19 prevention and control at Lukou International Airport. Hu Wanjin, vice mayor of the Nanjing municipal government, said a total of 17 positive cases have been found after the review and diagnosis by the expert team. At present, nine people are confirmed cases, including four mild cases, five common cases and five asymptomatic infections. There are also three positive nucleic acid tests pending further diagnosis. As of 5 o ‘clock on July 21, 157 people have been found to be in close contact with people who have tested positive, and 56 people have been in close contact with people who have been in close contact with people who have tested positive. Other people are still in the process of further investigation.
Aftermarket outlook:
Jufeng investment Gu believes that the current A-share good trend has not changed in essence, but the market style differentiation, plate wheel speed up, increased difficulty in operation. The current need to pay attention to the light index and heavy structure, focus on plate and individual stock opportunities. On this basis, the index may falter, but the structural opportunities remain. The market is still structurally in the second half of a bull market. For conservative investors, or as far as possible light warehouse wait-and-see, patiently waiting for the market to choose a new direction. And for the ability to grasp the stronger investors, there are still good opportunities for structural market.
Source to said that today’s A – share index synchronous high open, driven by the rebound of the peripheral market, followed by synchronous higher, overall belongs to the trend of shrinkage rebound. From the operational strategy, is still the light index heavy stock market, index focus on the end of the meeting, such as the signal release; Stock currently active degree of funds can be, the probability of a trend, you can focus on grasp. From the perspective of capital analysis, still deeply involved in new energy, technology stocks, so for the speculation of water conservancy, sponge city, day this kind of hot advice to give up. The most fierce rebound of lithium, military, semiconductor, miniLED, photovoltaic leading to continue to rise, as well as the concept of multiple fetal, can continue to pay attention to.

The market is still in the short term to shock adjustment of the medium – and long-term focus on a new round of science and technology cycle of the core variable

Spark Global Limited reports:

Open source securities pointed out that the core contradiction of A shares may still be the internal differentiation, some structural risks have not been resolved, which may be the real vulnerability. Today’s most futures-assured industry deals are at relatively uncertain valuation levels and are somewhat crowded. Standing at the moment, still optimistic about the return of the value of high boom stocks next week, the first plate is still: steel, chemical fiber, coal, aluminum, soda.
Rongwei securities that the technical Shanghai Index is still in the box structure, the current shock center for 3558. Short-term average tends to bond, 30 day average and 120 day average obviously turn down, 30 day average pressure is obvious, although today to stand above the 30 day average, but the 30 day average is also a Central Line of box body shock, want to stand still need to continue to work with the amount. Comprehensive judgment of the market by the external market impact is not large, mainly because the domestic cut to hedge the risk of the external market, but the market has obviously entered an adjustment cycle, the short-term is still dominated by shock adjustment, for the high valuation of varieties suggested to avoid, can be appropriate to reduce positions, waiting for the bottom confirmation.
Founder Securities believes that at present, scientific and technological innovation has become an important starting point for China to enhance potential economic growth, to overcome the “middle income trap” and to break through the scientific and technological blockade. The main policy line has changed from supply to demand-side management, and the “30/60 target” in energy is superimposed. The core of this round of scientific and technological cycle is the energy revolution. In the medium and long term, we will focus on the core variables of the new round of science and technology cycle, including the application end brought by 5G construction and the field of the Internet of Things, and the new energy industry chain under the dual carbon target.