The Political Bureau Collective Learning Quantum Technology, These Concept Stocks Stand On The Wind

A shares last week

The previous week (October 12 - October 16) the Shanghai index rose 1.96%. On Friday, coal mining and processing, banking, pharmaceutical manufacturing and other sectors led the rise, while liquor making, automobile, electronic components and other sectors led the decline.

Last Friday

On Friday, the Dow was up 0.39%, the Nasdaq was down 0.36%, and the S & P 500 was up 0.01%.

Big news

1. On the afternoon of October 16, the Political Bureau of the CPC Central Committee held the 24th collective study on the research and application prospects of quantum science and technology.

Interpretation: GuoDun quantum (688027. SH), digital China (000034. SZ) and other companies participate in the construction of quantum communication network; pay attention to the strategic development opportunities of quantum computing / quantum communication related industries.

2. The law of the people's Republic of China on export control was adopted at the 22nd Meeting of the Standing Committee of the 13th National People's Congress on October 17 and will come into force on December 1, 2020.

3. The biosafety law of the people's Republic of China was adopted at the 22nd Meeting of the Standing Committee of the 13th National People's Congress on October 17, 2020 and will come into force on April 15, 2021.

4. The national development and Reform Commission: to launch Shenzhen stock index futures; to carry out the pilot of domestic issuance of stocks or depository receipts (CDR) by innovative enterprises.

5. Today, A-share first CDR (China depository receipt) No. 9 company (689009) landed on the science and technology innovation board.

6. Cichk announcement: the issue price of a shares is RMB 28.78/share.

7. Baiyunshan (600332): the sales of compound Banlangen Granules are not expected to have a significant impact on the company's operating performance.

8. Wind data showed that this week, the number of restricted shares in Shanghai and Shenzhen stock exchanges was 3.465 billion, with a market value of about 43.749 billion yuan. Among them, there are 7 listed companies with more than 100 million shares released from the ban, of which the most are Yi Cheng Xinneng, guochuang hi tech and Yaguang technology.

Risk warning

Su'ao sensing: three shareholders including Li Hongqing, the actual controller, intend to reduce their holdings by no more than 8.05% (the shares rose 16% on Friday and the share price reached a new high in the year)

More than 10% of the company's non controlling shareholders

Luxiao Technology: the proportion of shares to be reduced and repurchased shall not exceed 0.34%

Hengtong shares: Nanshan Group plans to transfer 13% of the company's shares to obtain the company's control

Jinhui liquor: Hainan Yuzhu offers to buy 19.52% shares, and its trading will resume tomorrow

Ba'an water: the company's major issues are uncertain, and the trading of "17 ba'an bonds" will be suspended from this day

Shenke shares: planning the change of control right of the company, termination of trading

Sanlianban Blum Orient: the current on hand order is 25 days of production capacity, and there is great uncertainty in subsequent orders

Xinye Textile: due to the global spread of the epidemic, the construction progress of the company's nonwovens project is affected, and the company is coordinating with suppliers

Runxin Technology: provision for asset impairment in the first three quarters of 2020

Highlight of mechanism

CICC Corporation Although the market is worried that the policy may be gradually tightened, we believe that the policy is returning to normalization rather than substantial tightening. At present, the recovery situation is still relatively certain, and there is still room for the market to follow up, so we should not be pessimistic. The long-term positive factors in the market have not changed.

Zhongyuan securities In the short term, a shares will continue to benefit from the improvement of profits under the overall economic recovery. The M2 growth data of social finance in September consolidates the broad credit expectation. In the short term, fundamental factors continue to support the resilience of the A-share hub. The logic of industry allocation strategy lies in the fact that the main line of favorable policies such as the 14th five year plan is still effective, and the industries benefiting from "backflow" of demand under the logic of industrial chain transfer have a positive effect in the quarterly report period Prepare the industries with better performance advantages and profit expectations. It is suggested that the position should be raised to about 70% this week. In the short term, we should continue to focus on new energy vehicles, military industry, textile and clothing, food and beverage and medicine, and in the long term, we should continue to focus on finance, new energy vehicles, consumption blue chips and high-quality growth stocks.

Huatai Securities It is expected that the economic boom will recover or continue to the second half of next year; the release of financial data will ease investors' worries about the marginal pressure of liquidity under the "return of monetary normalization and tightening of credit structure". Under four factors, we are optimistic about the trend of A-share in the fourth quarter.

Guosheng Securities: Last week, the market showed a rare financial sector led the rise. The market was worried that the style might further shift to the undervalued Pro cyclical plate. According to the semi annual report, the profit of the financial sector under the guidance of the window has hidden suspicion. Combined with the continuous improvement of the economy and macro policies in the fourth quarter, the undervalued sector may have more comparative advantages. In addition, the operation focuses on: Automobiles (including new energy vehicles), electronics, military industry, liquor, household appliances, banking, insurance, etc. Topics: the 14th five year plan, quantum communication, apple industry chain, etc.

Capital radar

Industry capital flow in recent 5 days:

Capital flow of individual stocks in recent 5 days:

Northward funding:

In the past week, the total transaction volume of northbound capital was 406.834 billion yuan, and the net purchase was 11.119 billion yuan. Among them, the total net purchase of Shanghai Stock connect was 7.239 billion yuan, and that of Shenzhen Stock connect was 3.881 billion yuan.

In terms of net purchase amount, northbound capital increased its holdings in 40 industries, among which the home appliance industry took the lead, with a net purchase amount of 4.058 billion yuan. It is worth noting that the liquor making industry sold 4.453 billion yuan in the last trading week, and was reduced by more than 10 billion yuan in September, while the net purchase amount of this week reached 3.458 billion yuan. In addition, the automobile industry, chemical industry and electronic components sector were still affected by the northward trend Funds are sought after.

In terms of individual stocks, Gree Electric Appliance (000651. SZ) was net bought 4.785 billion yuan, and Ningde times (300750. SZ) was net bought up to 2.292 billion yuan.

Zhongmuyuan shares (002714. SZ) in the agriculture, animal husbandry, feed and fishery sector were reduced, with a net sales of 1.342 billion yuan; Yao Ming Kant (603259. SH) and XinHeCheng (002001. SZ) were reduced by more than 700 million yuan.

Trading Tips

(statement: the contents of this article are for reference only and do not constitute investment suggestions. Investors operate on this basis at their own risk.)