On the morning of June 21, the three major A-share indexes went up and down mixed. As of midday’s close, the Shanghai Composite Index fell 0.22%, the Shenzhen Component Index rose 0.05%, and the ChiNext Index rose 0.53%.
In terms of sectors, the steel sector was active, and the performance of individual stocks Anshan Iron and Steel Co., Ltd. had a daily limit. The electrical equipment and defense and military sectors also performed well; the leisure services, household appliances, and food and beverage sectors fell sharply.
Shanghai Stock Connect has a net outflow of 860 million yuan, and Shenzhen Stock Connect has a net inflow of 104 million yuan.
Angang Steel’s daily limit
On the morning of June 21, the steel stocks were active at the opening. The steel sector led the rise of Shenwan’s first-level industry sector, which rose by 2.25% in half a day. Anshan Iron and Steel, Xining Special Steel had their daily limit, Fushun Special Steel, Maanshan Iron and Steel, Chongqing Iron and Steel, etc. .
Prior to this, Angang Iron and Steel Co., Ltd. disclosed its performance forecast, and it is expected that the net profit for the first half of 2021 will be about 4.8 billion yuan, an increase of about 860% over the same period of the previous year. The company’s net profit in the second quarter is expected to reach 3.28 billion yuan, and the average monthly profit in the second quarter will exceed 1 billion yuan. Except for Anshan Iron and Steel Co., Ltd., many listed steel companies expect their performance in the first half of this year to increase significantly. Shagang is expected to make a profit of 360 million yuan to 540 million yuan in the first half of the year, an increase of 42.69% to 114.04% over the same period last year.
Nanjing Iron and Steel, Chongqing Iron and Steel, Maanshan Iron and Steel, Baosteel, Shandong Iron and Steel, etc. also disclosed in a quarterly report that it is expected that the cumulative net profit in the first half of this year will increase significantly compared with the same period of the previous year.
West China Securities believes that in the second quarter, benefiting from the increase in PPI, the performance of the upstream resource products industry is expected to benefit, and the profitability of A-share interim reports is expected to be in the high-growth range. Judging from the mid-term report forecast, the pro-cyclical industry performance is the highest in the pro-cyclical industry, and the mechanical equipment, electronics, automotive, and pharmaceutical industries are the highest in the number of performance predictions.
The market value of Xiaokang shares exceeds the 100 billion yuan mark
This morning, the automobile sector once again strengthened, Xiaokang shares rose by 6.87%, and Great Wall Motor, Dongfeng Motor, and Changan Automobile followed the gains. Xiaokang shares hit the daily limit again, and the total market value exceeded the 100 billion mark. The stock price rose 10 times from last year’s low (April 28, 2020, 7.58 yuan per share).
According to the production and sales bulletin, the sales of new energy vehicles of Xiaokang shares in May was 3,038, an increase of 64 from the previous month. Xiaokang’s new energy vehicle brands include Jin Kang Sai Lisi, Dongfeng Xiaokang, Rui Chi New Energy and other brands.
Soochow Securities released a research report saying that it continues to be optimistic about Huawei’s automotive industry chain and believes that smart electric vehicles will be the golden track of the automotive industry in the next 5-10 years. Electricity first, followed by intelligence, will reshape the upstream and downstream relationship and value of the automotive industry chain. Distribution will also cultivate a group of outstanding Chinese companies with global competitiveness, and drive the global rise of China’s auto industry chain.
With 30 years of ICT (information and communication technology) accumulation and empowerment of the automotive industry chain, Huawei will be the core promoter of this round of smart electric revolution and will also bring huge investment opportunities in the industry chain.
Gree Electric’s market value fell by 12.8 billion yuan in half a day
This morning, Gree Electric opened 2.24% lower, and fell nearly 5% during the session. As of the noon close, it fell 3.99%, and its market value fell by 12.8 billion yuan in half a day, with a total market value of 310.1 billion yuan.
On the news, on the evening of June 20, Gree Electric announced the first phase of the employee stock ownership plan. The total number of employees who intend to participate in the employee stock ownership plan does not exceed 12,000. The capital scale of the employee stock ownership plan does not exceed 3 billion yuan, accounting for 1.8% of the company’s total share capital, the purchase price is 27.68 yuan per share, and Dong Mingzhu’s proposed subscription is limited to 30 million shares.
The evaluation indicators of the employee stock ownership plan are divided into company performance evaluation indicators and individual performance evaluation indicators. Among them, the company’s performance evaluation indicators are as follows:
In the first vesting period, the net profit in 2021 will increase by no less than 10% compared to 2020, and the cash dividend per share for the year shall not be less than 2 yuan or the total cash dividend shall not be less than 50% of the net profit for the year.
In the second vesting period, the net profit in 2022 will increase by no less than 20% compared with 2020, and the cash dividend per share for the year shall not be less than 2 yuan or the total cash dividend shall not be less than 50% of the net profit for the year.
The electronic sector has the largest net inflow of major funds on the 5th
This morning, the liquor sector expanded its decline, and the wine industry fell more than 7%. Jiuguijiu, Shanxi Fenjiu, and Yanghe shares collectively dropped.
From the perspective of capital flow, the industry with the highest net inflow of major funds on the 5th was the electronics sector, which exceeded 27 billion yuan, far ahead of other industries; the computer sector’s net inflow of major funds on the 5th exceeded 6 billion yuan, ranking second; The auto sector’s 5-day net inflow of major funds ranked third at 3.8 billion yuan.
Looking into the second half of the year, Xun Yugen, chief economist and chief strategy analyst of Haitong Securities, said that inflation pressures are expected to ease in the second half of the year. After excluding the base effect, the investment clock is still in an overheating period, and the index is expected to reach new highs during the year. The structure is surprisingly upright. Leading high-quality companies represented by the Mao Index are still better equipped, with faster profit growth and smart manufacturing that conforms to the policy direction.
Guotai Junan said that under the background of gradual decline in risk evaluation, the possibility of risk-free interest rate decline is superimposed, and the industry configuration focuses on recommendations. First, brokers and banks are the first to promote; the second is the starting point for technological growth, such as new energy vehicles, electronics, computers, military industry, and medicine. ; Third, the recovery in the post-epidemic era is accelerating, such as domestic consumption, emerging consumption, and high-end consumption.