news

yesterday, the shanghai composite index fluctuated downward under the drag of banks, brewing and other sectors, the chinext index turned positive in the late trading, the shenzhen component index and the science and technology innovation 50 index fell, and the wind micro-cap index and the csi 2000 index rose against the trend. as of the close, the shanghai composite index fell 0.4% to 2837.43 points, the shenzhen component index fell 0.31% to 8078.82 points, and the chinext index rose slightly by 0.05% to 1531.45 points. the total turnover of the two markets was 496.6 billion yuan. in terms of industries, retail, media, chemicals, nonferrous metals and other sectors rose, and humanoid robots and duty-free concepts were active; construction, brewing, banking, insurance, real estate and other sectors weakened.

dongguan securities said that from the market point of view, the previously strong bank stocks have experienced a correction, and the small and medium-cap stocks have a good profit effect, indicating that funds are doing short-term rotation, and the sustainability of the rise of small and medium-cap stocks needs to be observed in the future. however, with the disclosure of all semi-annual reports this week, some uncertainties in the market are about to disappear, and the market will enter the traditional golden september and silver october season, which is expected to be a turn for the better. on the whole, under the background of steady progress in high-quality development, although the market is volatile in the short term, it is relatively optimistic in the medium and long term. pay attention to the support of the moving average below and the changes in volume. in terms of sector selection, it is recommended to pay attention to sectors such as banks, home appliances, semiconductors, electrical equipment, and tmt.

analysis of today's investment opportunities

c919 industry chain is ready to go

on august 28, air china and china southern airlines simultaneously received their first c919 aircraft at the pudong base of comac's final assembly and manufacturing center. it is reported that the two c919 aircraft delivered this time are the 8th and 9th c919 aircraft successfully delivered since the first aircraft was delivered to china eastern airlines at the end of 2022.

guojin securities pointed out that with the mass production of c919, the civil aircraft airframe structure industry chain with a high localization rate may benefit first, and the aviation forging and large-section assembly links are relatively certain; with the establishment of aviation industry airborne in shanghai and the continuous advancement of cj-1000 research and development, the domestic substitution of c919 airborne systems and engines is expected to accelerate; through independent research and development, my country has mastered the overall planning of the development of the civil aircraft industry chain, and the fields of civil aircraft aftermarket aviation maintenance, aviation material distribution, etc. are expected to benefit.

tractor market is expected to usher in a wave of machine replacement

affected by the transition from "national iii" to "national iv" at the end of 2022, and the continued advancement of high-standard farmland construction and land transfer policies, the domestic horsepower extension and upgrading trend is still in its infancy. the domestic tractor market is expected to usher in a wave of machine replacement in 2025 and 2026, and the large tractor track is expected to usher in an increase in both volume and price.

citic securities pointed out that referring to overseas markets, mature markets are led by leading enterprises and occupy an absolute dominant position in the market. the continuous enhancement of product intelligence has brought about the continuous growth of the industry scale. in view of the complex and changing international situation, food security is of great importance, and the large gap between my country's agricultural machinery and developed countries in europe and the united states, the agricultural machinery industry is in the initial critical stage of industrial upgrading with shortcomings, intelligence and localization. the national policy support continues to exert force and is optimistic about the development prospects of the agricultural machinery industry, especially the development of the large tractor track. it is recommended to focus on the leading enterprises in the agricultural machinery industry with high self-sufficiency rate of core components and advanced technology and channel layout.

duty-free shopping in the city is expected to see rapid growth

on august 27, the ministry of finance, the ministry of commerce, the ministry of culture and tourism, the general administration of customs, the state administration of taxation and other five departments issued the "notice on improving the policy of city duty free shops", which clearly stated that from october 1, 2024, the management of city duty-free shops will be standardized in accordance with the "interim measures for the management of city duty free shops" to promote the healthy and orderly development of city duty-free shops.

wanlian securities pointed out that my country's city duty-free market is still in its infancy, with a small market size and a low share in the duty-free industry. the release of the "interim measures for the management of city duty-free shops" is an important improvement to the city duty-free policy. city duty-free is expected to usher in rapid growth, and the duty-free industry is expected to form a pattern of joint development of the three major channels of airport duty-free, city duty-free, and offshore duty-free. it is recommended to pay attention to the duty-free leaders that directly benefit from the policy relaxation, as well as the duty-free retailers that are expected to differentiate themselves from the city duty-free operators in the future.

other news that affected the market

national bureau of data: vigorously promote data development and opening up

liu liehong, director of the national data administration, said at the opening ceremony of the 2024 china international big data industry expo on august 28 that we should focus on industrial chain collaboration, vigorously promote data development and opening up, and build an ecological system for the integrated development of large, medium and small enterprises, and collaborative innovation between upstream and downstream of the industrial chain.

in terms of cultivating diversified business entities, he said that the market-oriented allocation reform of data elements has put forward higher requirements for the compliance and efficient circulation and utilization of data. new service formats such as data brokerage, data trusteeship, and data trading have emerged rapidly. the data security and reliable circulation and data infrastructure construction and operation markets have also shown a growth trend. data service companies, data security companies, and data infrastructure companies are welcoming new development opportunities. the national data bureau will strengthen guidance and support different types of data companies to compete fairly and accelerate development.

beijing supports the "two new" policy increase

beijing municipal development and reform commission and beijing municipal finance bureau recently issued the "implementation plan for beijing to increase support for equipment renewal and consumer goods trade-in", further clarifying the main measures for beijing to increase support for equipment renewal and consumer goods trade-in. the "implementation plan" further expands the scope of policy benefits and increases subsidies. first, expand the scope of support. in terms of equipment renewal, it closely links with national policies and increases support for green and low-carbon transformation projects in key industries such as energy and electricity, equipment renewal in the field of old elevators, and data centers. second, it significantly increases the subsidy standard. the subsidy standard for consumer goods trade-in has been greatly increased compared with the previous round of policies: in terms of automobile scrapping and renewal, compared with the subsidy standard of 7,000 or 10,000 yuan per vehicle implemented by beijing on april 24, this round of subsidy standards has been increased to 15,000 yuan and 20,000 yuan respectively, nearly doubling; in terms of home appliance trade-in, the subsidy standard has been greatly increased from the original 10%, no more than 1,000 yuan per unit, to 15% to 20% of the product sales price, no more than 2,000 yuan per unit.

huawei releases xuanji perception system

on august 28, huawei officially released the xuanji perception system. the system will be applied to smart wearable devices, and new smart wearable products equipped with the system will be launched in september. in addition to heart rate monitoring, huawei's xuanji perception system also supports the monitoring of up to 60 sports health indicators, covering the six major health systems of the human body. huawei is conducting a study on emotional health monitoring based on heart rate data. the functions of smart wearable devices are expected to expand from traditional physiological indicator monitoring to the field of mental health monitoring, filling the last gap in the field of health management.

huawei continues to deploy supercharging technology

on september 3, huawei will hold the everest supercharging station launch conference and the supercharging alliance official commercial ceremony. in april this year, huawei digital energy joined hands with avita, baic and other 11 car companies, industry associations, and charging operators to establish the supercharging alliance. based on the new technology, new mission, and new ecology brought by huawei supercharging, high-quality charging will be available wherever there are roads. this year, huawei has launched a series of products and solutions in the field of supercharging. the new 360 and 480 series liquid-cooled hosts can adapt to more scenarios, dual-gun charging, and charging terminals are compatible with more vehicle models.

qfii's latest heavily-held stocks revealed

as listed companies intensively disclose their semi-annual reports, qfii's heavy holdings at the end of the first half of the year and changes in holdings in the second quarter have surfaced. according to statistics from securities times databao, as of august 28, qfiis appeared among the top ten shareholders of 423 listed companies at the end of the second quarter, with a total holding value of 55.977 billion yuan.

in terms of industries, qfii holdings in 12 industries had a market value of over 1 billion yuan, among which the banking, electronics, basic chemicals, and nonferrous metals industries had relatively high market values, reaching 17.633 billion yuan, 9.352 billion yuan, 3.648 billion yuan, and 3.294 billion yuan, respectively. in terms of individual stocks, as of the end of the second quarter, there were 9 stocks with a market value of over 1 billion yuan in qfii holdings, of which nanjing bank had the highest market value, reaching 17.633 billion yuan at the end of the period; shengyi technology, zijin mining, wanhua chemical, and hengli hydraulics ranked at the top in terms of market value.