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[Introduction] Environmental protection sectors collectively surged, and the concept of new coronavirus testing became popular.

China Fund News reporter Chen Xi

Hello everyone! A new trading week has begun. Let's pay attention to the market conditions and the latest information in the morning~

On August 12, the three major A-share indices opened with mixed gains and losses: the Shanghai Composite Index closed at 2858.89 points, down 0.12%; the Shenzhen Component Index fell 0.08%; and the ChiNext Index rose 0.05%. The market fluctuated in a narrow range in the morning, and the ChiNext Index turned green.

On the market, environmental protection stocks rose sharply in the morning, biotechnology rose, and concepts related to the new crown special medicine became popular. The education sector fell, and real estate, catering, tourism, and retail were sluggish.

The Hong Kong stock market opened slightly higher in the morning: the Hang Seng Index rose 0.07%, the Hang Seng Tech Index rose 0.04%, and the Hang Seng China Enterprises Index rose 0.13%. Hong Kong stocks fell in the morning, with the three major indexes collectively turning red, and the Hang Seng Tech Index fell more than 1%; Bilibili led the decline in the Hang Seng Tech Index.

Environmental protection sectors collectively surged

Biopharmaceuticals are active

After the weekend's heavyweight good news, the environmental protection sector opened with a surge, and individual stocks saw a surge in daily limit. Yongqing Environmental Protection, Qingyan Environment, and Zhonglan Environmental Protection rose by 20CM, while Dongjiang Environmental Protection, Tus Environment, Xuedilong, Shenwu Energy Saving, Shengjian Technology and many other stocks collectively rose by the daily limit.

In the Hong Kong stock market, Dongjiang Environmental Protection surged more than 30% during intraday trading, while Qihe Environmental Protection, Dongfang Electric and others rose.

On the news front, on August 11, the CPC Central Committee and the State Council issued the "Opinions on Accelerating the Comprehensive Green Transformation of Economic and Social Development", which was officially announced to the public. This is the first time that the central government has made systematic arrangements to accelerate the comprehensive green transformation of economic and social development. The "Opinions" put forward two-stage goals, focusing on five major areas and three major links, and deploying to accelerate the formation of a spatial pattern, industrial structure, production mode, and lifestyle that saves resources and protects the environment.

Galaxy Securities Research Report proposes to focus on investment opportunities in two dimensions: low-carbon energy use and energy consumption decarbonization. In terms of low-carbon energy use, clean and efficient use of fossil energy and the transformation of thermal power are expected to usher in a reshaping of valuation; new energy policies are becoming more and more perfect, and the industry has huge room for growth. In terms of energy consumption decarbonization, energy-saving and carbon-reducing products, equipment, and technologies in high-energy-consuming industries have ushered in development opportunities, and the low-carbon attributes of renewable resources have opened up new growth space.

In addition, the pharmaceutical and biological sector fluctuated higher in the morning, with sub-concepts such as new coronavirus antigen testing, new coronavirus specific drugs, in vitro diagnosis, blood products, and genetic testing leading the gains.

In terms of individual stocks, Guangshengtang and Lanwei Medical hit the daily limit of 20CM, while Sihuan Bio, Teyi Pharmaceutical, Shuangcheng Pharmaceutical, Daan Gene and many other stocks hit the daily limit.

Recently, netizens on multiple social media platforms have claimed that they have tested positive again. The China Center for Disease Control and Prevention recently released the national novel coronavirus infection epidemic situation in July 2024, showing that the proportion of influenza and other viral infections in the summer has decreased, while the number of novel coronavirus infections has increased, and the proportion has increased. Previously, the World Health Organization reminded the international community to pay attention to the abnormal increase in novel coronavirus infections, saying that at least 40 athletes had been infected with the novel coronavirus and other respiratory pathogens during the Paris Olympics.

Professor Zhang Wenhong, director of the National Center for Infectious Diseases and director of the Department of Infectious Diseases at Huashan Hospital affiliated to Fudan University, analyzed that from a global perspective, the fluctuations in new coronavirus infections have alternating in cycles of half a year, and have gradually become a periodic epidemic of respiratory diseases in my country.

Investigation by the Securities and Futures Commission

Ren Zixing 20CM limit down

On August 12, Ren Zixing's stock price hit the limit down in the call auction stage and remained at the limit down in the morning. As of press time, Ren Zixing's stock price was 3.18 yuan per share, a drop of 19.9%.

Earlier, on the evening of August 9, Ren Zixing announced that it had received a notice from the China Securities Regulatory Commission. The China Securities Regulatory Commission decided to file a case against Ren Zixing because it was suspected of violating laws and regulations in information disclosure.

Ren Zixing said that the reason for filing the case was mainly because the company's self-inspection found that its wholly-owned subsidiary Beijing Yahong Century Technology Development Co., Ltd. had overstated assets, overstated revenues, and overstated profits in relevant years. The company has actively carried out rectification, corrected accounting errors and made retroactive adjustments to the relevant annual financial statements, and hired an accounting firm to issue relevant audit reports.

Ren Zixing said that during the investigation, the company will actively cooperate with the relevant work of the CSRC and strictly fulfill its information disclosure obligations in accordance with regulations. At present, the company's business activities are normal and the case will not affect the company's normal business activities.

In addition to Ren Zixing, the three companies that were announced to be filed by the CSRC on the evening of August 9 included Zhongqingbao, Shenyang Chemical, and Tongde Chemical. In the morning, Shenyang Chemical and Tongde Chemical also fell to the limit, and Zhongqingbao fell by more than 10%.

Editor: Xiaomo

Reviewer: Chen Siyang

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