Disc Observation
As of the close, the Shanghai index fell 1.30%, at 3329.74 points, turnover of 381.929 billion yuan; SZCI fell 1.76%, at 13428.40 points, turnover of 596.614 billion yuan; Genesis index fell 2.13%, at 2644.14 points, turnover of 265.592 billion yuan. From the disk, environmental protection engineering, medical waste treatment, ophthalmic medical plate performance is strong, registration system new shares, agricultural planting, photoresist, SMIC concept led the decline.
Market outlook
The recent speculation of high technology stocks suffered a kill valuation, in addition to the shareholders of listed companies to reduce their holdings, the United States suppressed China's technology companies, the July social financing data is less than expected, a record number of new stock offerings, Ant Gold's A + H share IPO and other factors led to the market continuous adjustment. The new GEM registration system regulations came into force this week, and the market had a smooth transition, but the influx of funds into the GEM also created a siphoning effect. Today, the GEM fell significantly more than other sections, while the Science and Technology Board fell sharply, only environmental protection is a standout. Environmental protection plate is concerned with the policy, "the Chinese people *** and the State Solid Waste Pollution Prevention and Control Law" will soon be September 1, 2020 officially come into force. The new "Solid Waste Law" 41 new provisions, known as the "history of the most stringent solid waste law". The new Solid Waste Law has strict requirements for the treatment of medical waste and the categorization of garbage. For violations of the provisions of the Solid Waste Law, the new Solid Waste Law fines increased significantly, a number of violations of the fine amount is 10 times the current Solid Waste Law, but also increased the daily penalties, production restrictions, or shutdown of the penalties. The past two or three years, environmental protection plate performance is sluggish, valuation, fund positions are at a low level. Follow-up environmental protection stocks can focus on three points: 1, strong technological advantages, high barriers to business. 2, growth, certainty of the operation of the company. 3, the performance of the dominant, high industry boom sanitation companies.
Operating strategy
Under the policy support, environmental protection stocks or sustainable, pay attention to the strong technical advantages of technology-based environmental protection companies; strong certainty of the operating companies; performance accounted for, the industry's high boom of sanitation companies. Chief investment adviser Wen Fu, practice certificate No.: S0260611050006