Market Commentary: The market shrinkage shock, the operation is recommended to avoid high on low, grasp the mainstream plate opportunities

A selection of financial news

Central Committee and State Council: the organization and implementation of the three-child birth policy, the abolition of social maintenance fees and other constraints

Central Committee and the State Council issued a decision on the optimization of the birth policy to promote the long-term balanced development of the population. The decision mentions the implementation of the three-child birth policy in accordance with the law. Amendments to the Law of the People's Republic of China on Population and Family Planning to promote age-appropriate marriage and parenthood, optimal parenthood, and the implementation of the three-child policy. Provinces (autonomous regions and municipalities directly under the central government) have taken into comprehensive consideration the situation of population development, the foundation of work and the risks of policy implementation in their regions, and have done a good job of articulating their policies and organizing their implementation in accordance with the law.

Objective: By 2025, a system of active fertility support policies will be basically established, the service management system will be basically complete, the level of eugenics services will be markedly improved, the construction of an inclusive childcare service system will be accelerated, the costs of childbearing, child rearing and education will be significantly reduced, the fertility level will be appropriately raised, the sex ratio of the population at birth will tend to be normalized, the demographic structure will be gradually optimized, and the quality of the population will be further upgraded.

The decision mentioned the abolition of social maintenance fees and other constraints. Social maintenance fees were abolished, and related penalty provisions were cleaned up and repealed. The entry into households, schools and jobs will be fully delinked from the individual's birth status. Appropriately deal with historical legacy issues in accordance with the law. In areas where the contradictions between population development and the economy, society, resources and the environment are more prominent, publicity and advocacy will be strengthened to promote the effective connection between the relevant policies on people's well-being and the birth policy, and to accurately do a good job in the management of various services.

Li Keqiang: We have reached a critical moment to speak out to strengthen basic research

Li Keqiang on July 19 visited the National Natural Science Foundation of China and hosted a forum. Li Keqiang listened to the report of the Department of Mathematical Sciences, the information management platform of the Science Foundation and the Department of Cross-Science. Li Keqiang said, "We emphasize the importance of mathematics, because natural science first began in mathematics, and human civilization really entered the field of science from mathematics. It can be said that mathematics is the foundation of all sciences. As a matter of fact, many 'neck-breaking' problems are ultimately 'stuck' in basic research." Li said it is necessary to improve the level of education in basic disciplines such as mathematics, physics, chemistry and students in schools, and cultivate more talents in basic research. Multi-channel introduction of outstanding talents to promote the level of basic research.

2021 World Intelligent Networked Vehicle Conference to be held in Beijing from Sept. 25-28

China's 2021 World Intelligent Networked Vehicle Conference, the highest-profile international exchange platform for China's intelligent networked vehicle industry, will be held from Sept. The conference will be held concurrently with the New Energy Vehicle Industry Development Achievements Exhibition, with the theme of "Salute to the 'New' Era and Accelerate the High-Quality Development of the New Energy Vehicle Industry", and will make comprehensive use of charts, things, models, videos, sand trays, large-screen demonstrations, etc. to show the new energy vehicle industry's breakthrough technology products and representative application scenes. The theme of "New era, accelerate the high-quality development of new energy automobile industry" is "comprehensive use of charts, things, models, videos, sand table, big screen demonstration and other forms, with breakthrough technology products and representative application scenes to show the development history and achievements of new energy vehicles.

Half-year residents' income list announced, Shanghai per capita disposable income of the country's first

The National Bureau of Statistics has recently updated the data of the first half of the year of the first half of the 2021 per capita disposable income of residents of 31 provinces, which shows that in the first half of the year, the national residents' per capita disposable income of 17,642 yuan, a year-on-year nominal growth of 12.6%. Among them, Shanghai's first-half disposable income per resident reached 40,357 yuan, ranking first in the country. Beijing's disposable income per capita in the first half of 38,138 yuan, ranking second in the country. Zhejiang ranked third, with a disposable income per capita of 30,998 yuan in the first half of the year. Beijing, Zhejiang is also two residents per capita disposable income of more than 30,000 yuan in the region, belonging to the second echelon.

The Ministry of Industry and Information Technology (MIIT): to strengthen security technology research in areas such as quantum communications and the development of innovative security technologies

The Ministry of Industry and Information Technology (MIIT) has recently released the "Three-Year Action Plan for the High-Quality Development of the Cybersecurity Industry (2021-2023) (Draft for Comments)". The draft named to strengthen quantum communications, satellite Internet and other areas of security technology research, the development of innovative security technologies; to promote the key industry infrastructure to strengthen network security construction, improve the important systems, key nodes and data security protection capabilities; guidance to telecommunications, Internet and other key industry enterprises to increase investment in network security, telecommunications and other key industries network security investment in information technology investment ratio of 10%. 10%. In terms of industrial scale, the scale of the network security industry should exceed 250 billion yuan, with a compound annual growth rate of more than 15%.

(Investment Advisor: Lin Xu Rui, Practice Certificate No. S0260615100004)

Second, the market hot spot focus

Market Comment: The market shrinkage shock, operation is recommended to avoid high on the low, to grasp the mainstream plate opportunity

Market Comment: The market shrinkage shock, operation is recommended to avoid high on the low, to grasp the mainstream plate opportunity

Tuesday A shares of major indices shock consolidation, closing mixed, as of the close, the Shanghai index edged down 0.07%, closing at 3536.79 points; SZSE index rose 0.12%, closing at 15011.35 points; GEM index rose 0.41%, closing at 3463.79 points. The turnover of the two cities was 966.7 billion yuan, turnover has shrunk less than one trillion. Plate observation, semiconductor, brewing, new energy, health care and other sectors rose, chemical fiber, banking, steel, paper and other sectors fell. Overall look industry sectors mixed, considering the recent hotspot rapid rotation, the operation is recommended not to blindly chasing up and down, in general, the nature of the current market to the good has not changed, but the volatility of the peripheral stock markets, or the market will cause emotional impact. Operation is recommended to avoid high on the low, to grasp the plate rotation opportunities, it is recommended to focus on: semiconductor, new energy, medical services, military and so on. The stock market is risky, investment need to be cautious.

(Investment Adviser Gu Zhixiong Registered Investment Adviser Certificate No.: S02606611020066)

Macro Viewpoint: Central Bank: Explore the free inflow and outflow of capital within the new Lingang area and free exchange

Event: Wang Xin, director of the People's Bank of China's Research Bureau, said that the support of Shanghai in the Wang Xin, director of the Research Bureau of the People's Bank of China, said that he would support Shanghai in the free use of RMB for early and pilot implementation, and in compliance with the requirements of anti-money laundering, anti-terrorist financing, anti-tax evasion and the three principles of the exhibition, to further facilitate the entry and exit of enterprises' trade and investment funds, and to explore the free inflow and outflow of capital in the new Lingang area and the free exchange of capital, so as to help Shanghai to become an important hub and a bridge to connect the international market and the domestic market under the new pattern of development.

Source: Surfing News

Comment: Shanghai's global RMB asset allocation pricing risk management center's function is becoming more and more perfect, the most important feature of Shanghai's international financial center is the construction of RMB assets based on the gradual increase in the demand for the global configuration of RMB assets will be derived from the risk management of RMB assets, the legal system, the supply of personnel and a series of other demand for risk management of RMB assets, legal environment, supply of talents and so on. In this process, Shanghai will become the configuration center of RMB assets, risk management center, financial technology center, high-quality business environment demonstration center and financial talent center, the competitiveness of the Shanghai International Financial Center will be further highlighted, from the news to judge the overall positive positive impact.

(Investment adviser Gu Zhixiong Registered Investment Adviser Certificate No.: S02606611020066)

Logistics industry: unit price rose steadily, optimistic about the second half of the performance of the leading performance improvement

Events: In June, the national express delivery service enterprises completed 9.74 billion pieces of business, an increase of 30.4%; business growth of 30.4%; the second half of the performance of the leading performance improvement

Event: National express delivery service enterprises completed 9.74 billion pieces of business. Year-on-year growth of 30.4%; business income of 91.63 billion yuan, an increase of 15.0%; first half of the year, the national express delivery service enterprises business volume completed a total of 49.39 billion pieces, an increase of 45.8%; business income completed a total of 484.21 billion yuan, an increase of 26.6%, the business data as a whole has been repaired to the good.

Source: Axiom Securities

Comment: analysis that under the background of strengthening policy and regulation, with the price competition slowing down, e-commerce courier performance in the short term is expected to usher in the repair. Overall, e-commerce courier is still in the pattern of clearing the eve, the network is stable, the head of the strong ability to fine-tune the management of the company will ultimately win, it is recommended that you can actively pay attention to the configuration.

(Investment adviser Gu Zhixiong Registered Investment Adviser Certificate No.: S02606611020066)

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