Issue shares to buy assets
【step up! 84 shares bucked the market and soared to a record high! Three major advantages attract funds to be sought after (list attached)] Recently, some bull stocks have continuously set new historical highs, deducing a bull market for individual stocks, and supporting the diffeIssue shares to buy assetsrentiation characteristics of the A-share market. (Securities Daily)
On March 4, an employee of Facebook's Seattle office was found to be infected with new coronary pneumonia, and the company closed its office in the city that night. On March 5, Facebook notified about 40,000 employees in the San Francisco Bay Area to work from home and cancel business trips. All company activities in this area were also cancelled. At the same time, Facebook said that recruitment will conduct online interviews.
Not only is the market booming and transactions are active, but the IPOs of new stocks this month are also in full swing. According to data from Eastern Fortune Choice, a total of 52 companies launched IPOs this month, second only to January and March 2017, the third highest month since this century, and actually raised 179.1 billion yuan.
In terms of disassembly, among the four major categories of light passenger cars, trucks, pickups, and SUVs, trucks have the largest increase in production and sales. This year, the company's cumulative production and sales reached 140,000 and 170,000 vehicles respectively, a year-on-year increase of more than 30%.
After the completion of this capital increase and share expansion, Hisense Electronics Holdings no longer meets the conditions for defining state-owned actual controlling shareholders, and the actual controllers of Hisense Video and Hisense Home Appliances will be changed from Qingdao SASAC to no actual controller. Hisense Group and Hisense Electronics Holdings promised in writing that there was no concerted action arrangement after the mixed reform, and they were not persons acting in concert.
Step by step, focus on domestic demand. This year's National Committee of the Chinese People's Political Consultative Conference and the National People's Congress will be held on May 21 and 22 respectively, when the economic goals for the whole year will be further clarified. The current overseas epidemic situation is severe, and it is inevitable that external demand will be affected in the second and third quarters. After the financial crisis in 2008, most industries suffered a severe setback in the first quarter of 2009, and the lack of external demand can only be made up by domestic demand. After the policy continued to increase domestic demand, the cement manufacturing, construction machinery and other industries related to the 4 trillion infrastructure construction, the automobile and home appliances industries related to consumer subsidies, and the real estate industry with relaxed policies took the lead in the second quarter of 2009. The growth turned from negative to positive. The convening of the Politburo meeting on April 17 this year also showed that domestic policies will continue to increase the direction of domestic demand, focusing on new infrastructure and consumption. Compared with the expansion of domestic demand in 2009, the profit recovery of related industries may be more obvious. In terms of new infrastructure, the main focus is on technology, and the general direction is consistent with the direction of my country's industrial structure adjustment to informatization. From the perspective of new infrastructure projects with disclosed investment scales: In terms of 5G infrastructure, the three major operators' 5G capital expenditures in 20 years are targeted at 180.3 billion yuan, a year-on-year increase of 338%, and the 5G base station construction target is 500,000, an increase of 285%. In terms of UHV, the investment scale of construction projects throughout the year will reach 181.1 billion yuan, a year-on-year increase of about 200%. We expect that the remaining areas of the new infrastructure will continue to announce specific investment scale plans in the future. With reference to the two areas that have been disclosed so far, the growth rate of investment scale is relatively high. In terms of consumption, we expect that the special national debt will be used to stimulate domestic consumption and increase industrial subsidies, especially automobiles and homIssue shares to buy assetse appliances. Historically, the issuance of special treasury bonds generally accounted for 30% of total fiscal revenue. Last year, the national fiscal revenue was around 19 trillion yuan. Therefore, we estimate that the issuance of special treasury bonds will be at least 1 trillion yuan and it is expected to land in May. At present, policies to promote automobile consumption have been issued. On April 29, the National Development and Reform Commission, the Ministry of Science and Technology and other 11 departments announced the "Notice on Several Measures to Stabilize and Expand Automobile Consumption". The remaining policies are expected to be gradually implemented and further increased in the later period. The country is affected by the epidemic The delayed impact of consumer demand is expected to continue to drive, and optional consumption represented by home appliances and automobiles will attract structural opportunities. Since the beginning of this year, the cumulative increase and decrease of the two industries of automobiles and home appliances have been -5% and -9%, respectively, which are at the middle and lower levels of the industry's increase. Judging from the 20Q1 fund quarterly report, the auto stock market accounted for 2% of the fund’s heavy holdings, a record low in the past ten years, and home appliances accounted for 1%, a 17-year low. Looking a little longer, the differentiation in industry performance during the three waves of the bull market in history originated from the differentiation in profit growth. Leading industries that conform to the characteristics of the times are more profitable. The direction of the industry in the new era is informatization and service. Technology + brokerage will be the leading industry in this bull market.