1. Selected Financial News
China will further adjust the export tariffs on some steel products from August 1st.
With the approval of the State Council, the State Council Customs Tariff Commission issued an announcement to appropriately increase the export tariffs on ferrochrome and high-purity pig iron from August 1st, 221, and after adjustment, the export tax rates will be 4% and 2% respectively.
Source: website of the Ministry of Finance
Ministry of Housing and Urban-Rural Development talks about Yinchuan and other five cities: Require to stabilize the real estate market
On July 29th, Ni Hong, Vice Minister of Housing and Urban-Rural Development, interviewed the responsible comrades of Yinchuan, Xuzhou, Jinhua, Quanzhou and Huizhou, demanding to resolutely implement the decision-making arrangements of the CPC Central Committee and the State Council, adhere to the positioning that houses are used for living, not for speculation, and earnestly implement them.
source: people's daily client
development and reform commission: further improve the time-of-use price mechanism and establish a peak price mechanism
the national development and reform commission issued a notice on further improving the time-of-use price mechanism. The notice proposes to establish a peak electricity price mechanism. All localities should implement the peak electricity price mechanism on the basis of peak and valley electricity prices in light of actual conditions. The peak period is reasonably determined according to the time when the maximum load of the local power system is 95% or more in the previous two years, and it is flexibly adjusted considering the power supply and demand situation and weather changes in that year; In principle, the floating ratio of peak electricity price on the basis of peak electricity price is not less than 2%. Where the installed capacity of cogeneration units and renewable energy accounts for a large proportion, and the contradiction between staged supply and demand in power system is prominent, the deep valley electricity price mechanism can be established with reference to the peak electricity price mechanism. Strengthen the coordination between the peak electricity price and deep valley electricity price mechanism and the power demand side management policy, and fully tap the demand side regulation ability.
Source: website of the National Development and Reform Commission
Health and Health Commission: Cancel social support payments and completely decouple household registration, enrollment, employment, etc. from individual fertility
National Health Commission issued a notice on implementing the Decision of the Central the State Council on Optimizing Fertility Policy and Promoting Long-term Balanced Population Development. The notice pointed out that the three-child birth policy should be implemented according to law. It is necessary to thoroughly evaluate the population development situation, work basis and policy implementation risks in this region, and scientifically formulate implementation plans. Cancel social support fees, clean up and abolish relevant punishment regulations, and completely decouple household registration, enrollment, and employment from individual fertility. Follow the principle of legal unity, pay attention to the coordination with the superior law, and do a good job in the connection of reward and assistance and restrictive punishment measures before and after the implementation of the three-child birth policy.
Source: Health and Health Commission website
Pan Gongsheng: Steadily promote the opening of high-level capital projects and the liberalization and facilitation of trade and investment
Focusing on the reform and opening-up in the foreign exchange field under the new development pattern, Pan Gongsheng, deputy governor of the People's Bank of China and director of the State Administration of Foreign Exchange, published an article in China Foreign Exchange on the 29th, saying that the foreign exchange management departments should sum up the historical experience of reform and opening-up in the foreign exchange field, promote the opening-up of high-level capital projects in an orderly manner, and improve the level of liberalization and facilitation of cross-border trade and investment,
source: securities times network
(investment consultant? Cai Jin? Registered Investment Consultant CertificateNo.: S2661192)
II. Focus on Market Hotspots
Market Comments: The shrinkage of the index rebounded strongly, but the pressure on the top was not small
On Thursday, the two market indexes oscillated and rebounded, and the total market turnover was smaller than that of the previous trading day. Specifically, the Shanghai Composite Index rose 1.49% to close at 3,411.72 points. The Shenzhen Component Index rose 3.4% to close at 14,515.32 points; Growth enterprise market rose 5.32% to close at 3,459.72 points.
On the disk, photoresist concept stocks, energy storage concept stocks and non-ferrous metals were active, with the highest gains, while liquor stocks were relatively weak. From the trend point of view, the index shrinks and rebounds, but there are more sets above, and the probability of direct rebound in the short term is small.
in operation, yesterday's stocks generally rose and rebounded, and today's high probability shows differentiation. It is recommended to pay attention to resource cyclical stocks with performance support and little increase, military stocks with lower positions, 5G concept stocks and stocks with good results in the interim report.
(investment consultant? Yu dechao? Registered investment consultant certificateNo.: S26613821)
Macro view: The State Grain and Material Reserve Bureau released the second batch of state reserves of copper, aluminum and zinc
On July 29th, the State Grain and Material Reserve Bureau released the second batch of state reserves of copper, aluminum and zinc, accounting for 17, tons. In the near future, the State Grain and Material Reserve Bureau will continue to carry out the follow-up work according to the market supply and demand and price trend.
Source: Securities Times Network
Comments: The dumping of state reserves is expected to have a certain inhibitory effect on the price increase momentum of bulk commodities involved. If we continue to put reserve materials on the market in the later period, it is expected that it will bring some suppression to the prices of related commodities, and then it will be bad for non-ferrous metals stocks. (investment consultant? Cai Jin? Registered Investment Consultant CertificateNo.: S2661192)
Electronic manufacturing industry: Continue to be optimistic about the localization opportunities of IC carrier substrate and manufacturing
Packaging substrate is a key carrier in the packaging and testing link of the integrated circuit industry chain, which not only provides support, heat dissipation and protection for the chip, but also provides electronic connection between the chip and PCB, and can even embed passive and active devices to achieve certain system functions. There is a high correlation between package substrate and chip, so different chips often need to design special package substrate to match it. With the development of semiconductor technology, the feature size of IC is shrinking and the integration level is improving, and the corresponding IC packaging is developing in the direction of super multi-pin, narrow pitch and ultra-miniaturization.
Source: TF Securities Research Report
Comments: With the development of semiconductor technology, the feature size of IC is constantly shrinking and the integration level is constantly improving. It is suggested to continue to pay attention to domestic IC carrier substrates and manufacturers, which is expected to continue to benefit under the domestic demand.
(investment consultant Yu Dechao registered investment consultant certificate number: S26613821)
III. Tips for subscription of new shares
The subscription code of Guanshi Technology is 77588, and the subscription price is 27.42 yuan
The subscription code of Changyuan Lithium Branch is 787779, and the subscription price is 5.65 yuan
?
IV. Recommendation of key stocks
See the full edition of Early View (customized monthly path: discovery-information-information products-information-early view; Single customized path: discovery-gold medal identification-early view)