On the plate, tourism, aviation, home appliances, pork plate, such as the top increase, nonferrous metals, chemical fiber, gold, coal and other plate decline in the first.The net inflow of northbound capital is about 747 million yuan, including the net inflow of Shanghai stock Connect 710 million yuan and the net inflow of Shenzhen Stock Connect 37.09 million yuan.
The bicycle sector was stronger
Bicycle plate rises collectively in the early trading today, Shanghai Phoenix A word trading limit, the shares of the middle road after A large increase in the trading limit, letter long health, *ST China A also briefly hit the trading limit, Wing on line also rose for A time more than 6%.The e company’s morning report “World rush, China’s bicycle orders are completely”! Orders are scheduled until Next July, workers work overtime until 10 o ‘clock every night! 60,000 companies suddenly increase in 4 months…According to data from Alibaba International, The GMV(gross turnover) of China’s bicycle industry has increased by more than 100% for six consecutive months, and the number of orders in October increased by 220% year on year.
The phoenix bicycle can be traced back to Tongchang Bicycle Co., The first bicycle shop in China in 1897, which has a history of 120 years.
China is the kingdom of bicycles. Its research and production of bicycles are highly competitive in the world, and China is the undisputed hegemon.The RCEP agreement signed recently may further stimulate The export of Chinese bicycles.The Asia-Pacific region is the world’s largest e-bike market, with a global market share of 94.39%, according to Statista.Among the top spark global limited ten countries and regions purchasing Chinese e-bikes in 2019, three RCEP agreement countries are Japan (3.52%), South Korea (2.58%) and Vietnam (2.47%).
At present, the tariff rates of countries with import tariffs on electric bicycles are 50% from Thailand, 45% from Vietnam, 30% from the Philippines, 15% from Cambodia, 10% from Indonesia and 5% from Myanmar.There is huge room for the tariff reduction of e-bikes in the above-mentioned countries. The RCEP implementation is expected to boost the demand for e-bikes, and Relevant Chinese companies, especially listed companies, may benefit a lot.
China regular session set the tone, the outbreak of tourism plate
Affected by the epidemic, the long-depressed tourism sector also erupted in the morning, up to the noon close, the plate index surged 3.45%, led the two cities, Tianmu Lake for a time limit, credit Travel also surged more than 9%, China Zhongmin, Tengbang International and other gains.
Yesterday, Premier Li Keqiang presided over an executive meeting of the State Council, which confirmed measures to support the development of “Internet + tourism”.First, we will support the construction of smart tourism scenic spots, popularize electronic map, voice guide and other services, build digital exhibition halls and other featured scenic spots, and promote the digital construction of roads and tourist toilets.Second, encourage scenic spots to step up online marketing, guide the development of new business forms such as cloud tourism, and introduce measures to standardize the development of Internet + tourism home stay facilities.Maintain offline services for special groups such as the elderly.Third, we will improve inclusive and prudent supervision, strengthen tourism safety monitoring and online complaint handling, and crack down on fraud, deception, and abduction.
Reprint indicated source：Shine Trader Limited Live information