晨会纪要 2024-03-26 | --- | --- | --- | --- | --- | --- | |--------------------|------------------------------------------------------------------------------------------------------|-------|-------|-------|----------------------------| | | | | | | 2024 年 03 月 26 日 星期二 | | 【摘要】 | | | | | | | 【今日要闻】 | | | | | | | | 联合国副秘书长马丁·格里菲思因健康原因将在6月离任(财联社) | | | | | | 快讯(第一财经) | | | | | | | | 俄总统普京就莫斯科州音乐厅恐袭事件召开俄联邦安全会议(财联社) | | | | | | | 德国火车司机工会与铁路公司达成协议 未来不再举行罢工(第一财经) | | | | | | | 马斯克的社交媒体平台"X"在与监督机构的诉讼中败诉(第一财经) | | | | ...

Market Overview - The low-altitude economy sector is experiencing a surge, with strong performance in pork and precious metals sectors. Recent market hotspots are concentrated in new productivity directions, particularly in flying cars and artificial intelligence [2][6] - On March 21, the Shanghai Composite Index opened high but closed slightly down, with expectations of continued upward movement towards the 3100-point mark. The index is likely to close the week in the green, supported by moving averages [5][6] Fund Flow - On March 21, the net inflow for the Shanghai Stock Exchange was 1.848 billion yuan, while the Shenzhen Stock Exchange saw a net outflow of 2.530 billion yuan. The top three sectors for net inflow were securities, film and television, and aquaculture, while the top three sectors for outflow were photovoltaic equipment, batteries, and communication equipment [7] Policy and Economic Data - The National Development and Reform Commission emphasizes the need to accelerate the cultivation of new productivity and promote the construction of a modern industrial system, focusing on innovation and the development of leading enterprises [8][30] - The Ministry of Finance reported a recovery in fiscal revenue, with a total public budget revenue of 4.46 trillion yuan in January-February, showing a year-on-year decline of 2.3%, but a real growth of approximately 2.5% on a comparable basis [10][38] Industry Dynamics - The National Energy Administration is working on establishing a coal mine intelligent standard system by 2025, aiming for a structured and clear standard system to meet basic needs for intelligent coal mine construction [11][28] - The gaming industry in China saw a total revenue of 2.03 billion USD in February, with 37 Chinese companies making it to the global top 100 mobile game publishers, accounting for 38.9% of the total revenue [19][11] Fund Dynamics - Publicly offered funds of funds (FOFs) are facing growth challenges, with over ten funds not reaching a scale of 200 million yuan, potentially triggering liquidation thresholds. However, new FOFs established this year have seen a rebound in fundraising [13][21] - New funds have been actively building positions despite market adjustments, indicating institutional optimism about future market performance [22][23]

每日市场观察 板块方面，低空经济现涨停潮，猪肉、贵金属等板块涨势较好。近期 市场热点主要集中在新质生产力方向，细分来看，飞行汽车、人工智 能相对较强。指数蓄势过程中个股波动率趋弱，结构性特征或愈加明 显。 北向资金：3 月 21 日，北向资金净卖出 60.2 亿，其中沪股通净卖出 31.12 亿元，深股通净卖出 29.08 亿元。 措，促进战略性新兴产业加快发展，不断塑造发展的新动能和新优势， 推动经济高质量发展。 3 月 21 日，国务院新闻办公室举行新闻发布会，介绍近期投资、财政、 金融有关数据及政策情况。财政部副部长廖岷介绍，财政收入延续恢 复性增长态势，开局平稳。今年 1-2 月，全国一般公共预算收入 4.46 万亿元，同比下降 2.3%，但是按照可比口径实际增长 2.5%左右。 点评：财政收入延续恢复性增长态势，开局平稳。前 2 个月全国一般 公共预算收入实际上实现了恢复性增长，与宏观经济稳中向好态势基 本保持一致。 2. Sensor Tower：2 月中国手游厂商吸金 20.3 亿美元 【基金动态】 今年以来，多只年内成立的次新基金，在市场遭遇调整时逆势建仓， 很快就获得一二十个点的收益。在业内 ...

晨会纪要 2024-03-18 | --- | --- | --- | |-------|-------|-------------------------------------------------------------------------------| | | | | | | | 012382883 23中林集团SCP006 2024-03-18(23中林集团SCP006自2023年11月21日起停牌) | | | | 012383158 23中林集团SCP007 2024-03-18(23中林集团SCP007自2023年11月21日起停牌) | | | | 012383481 23中林集团SCP008 2024-03-18(23中林集团SCP008自2023年11月21日起停牌) | | | | 101900848 19中林集团MTN002 2024-03-18(19中林集团MTN002自2023年11月21日起停牌) | | | | 102100509 21中林集团MTN001 2024-03-18(21中林集团MTN001自2023年11月21日起停牌) | | | | 110032 三一 ...

Group 1 - The report highlights a strong performance in the low-altitude economy sector, with significant gains in related stocks such as pork and precious metals, indicating a shift in market focus towards new productive forces like flying cars and artificial intelligence [2][5][31] - Manufacturing investment growth accelerated in January-February, with a year-on-year increase of 9.4%, outpacing overall investment growth by 5.2 percentage points, thus supporting economic stability [5][6] - The National Development and Reform Commission emphasizes the need to accelerate the cultivation of new productive forces and promote the construction of a modern industrial system, focusing on innovation and the development of strategic emerging industries [4][27] Group 2 - The report notes that public fund of funds (FOF) face growth challenges, with over ten three-year holding period pension FOFs failing to reach a scale of 200 million, potentially triggering liquidation thresholds [9][32] - The People's Bank of China indicates that compared to foreign central banks, China's monetary policy transmission is effective, with credit growth remaining at a reasonable level, supporting high-quality economic development [17][28] - The gaming industry shows promising growth, with Chinese mobile game companies generating a total revenue of 2.03 billion USD in February, reflecting a 3.6% month-on-month increase [19][30]

| --- | --- | --- | --- | --- | |------------------------|-------|-----------------------------------------------------------------------------------------|-------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------| | | | | | 2024 年 03 月 18 日 星期一 | | 【摘要】 | | | | | | 【今日要闻】 | | | | | | | | 青海玉树州杂多县发生4.3级地震 震源深度10千米(第一财经) | | | | | | 固本强基 提升资本市场内在稳定性(中国证券报) | | | | | | 政策效果显现 转融券市场规模明显缩 ...

Group 1 - The report highlights that China's fiscal revenue has shown a recovery trend, with a total public budget revenue of 4.46 trillion yuan in January-February, a year-on-year decrease of 2.3%, but an actual growth of approximately 2.5% on a comparable basis [3][5]. - Manufacturing investment growth accelerated in the first two months of the year, with a year-on-year increase of 9.4%, which is 5.2 percentage points higher than the overall investment growth, indicating a strong support for stabilizing investment and the economy [5]. - The People's Bank of China maintains effective monetary policy transmission compared to foreign central banks, with a reasonable credit growth level, supporting high-quality economic development [5][20]. Group 2 - The report mentions that Shanghai is promoting future industries through four key initiatives, including hosting the "Future Industry Star" competition and advancing the construction of future industry pilot zones [6][15]. - The report indicates that the gaming industry in China saw a total revenue of 20.3 billion USD in February, reflecting a month-on-month increase of 3.6%, with 37 Chinese companies making it to the global top 100 mobile game publishers [15]. - The report discusses the challenges faced by public fund of funds (FOFs) in scaling up, with an average fundraising amount of 2.57 million shares per new fund, which is an improvement from the previous year but still facing survival pressures [21].

Summary of Key Points Core Insights - The report highlights significant developments in the capital markets, emphasizing the need for stability and fairness in trading practices. The introduction of the "T+1" settlement system for securities lending is expected to enhance market efficiency and investor confidence [1][2][3]. Market Developments - A magnitude 4.3 earthquake occurred in Yushu Prefecture, Qinghai Province, with a depth of 10 kilometers, which may impact local economic activities [1]. - The report notes a substantial reduction in the scale of the securities lending market, indicating a shift in market dynamics and investor behavior [1][2]. - The A-share market saw the release of locked-up shares worth 5.374 billion yuan today, which could influence stock prices and market liquidity [1][2]. Company Announcements - The report lists several companies that have disclosed progress in their private placements, indicating ongoing capital-raising activities in the market [1]. - Two companies have announced share buybacks, reflecting strategies to enhance shareholder value amid market fluctuations [1]. Upcoming Events - The report outlines key dates for upcoming IPOs and inquiries, including the online subscription date for Xingchen Technology (301536) and the preliminary inquiry termination date for Guanghe Technology (001389) [1][2]. - The report also mentions the suspension of trading for various companies due to significant asset restructuring plans or other corporate actions, which may affect investor sentiment and market stability [1][2][3].

点评：今年 1—2 月，制造业投资增速加快，同比增长 9.4%，增速比整 体投资高 5.2 个百分点，成为稳投资、稳经济的重要支撑。数据显示， 我国制造业转型升级步伐不断加快，结构持续优化，具有高科技、高 效能、高质量特征的行业正呈现发展向好态势。 1.规模难以"涨"到 2 亿元以上 公募 FOF 遇成长难题 在任何情况下，本文所推送信息或所表述的意见并不构成对任何人的投资建议。除非法律法规有明确规定， 任何情况下财达证券不对因使用本文的内容而引致的任何损失承担任何责任。读者不应以本文推送内容取 代其独立判断或仅根据本文推送内容做出决策。财达证券版权所有并保留一切权力。如发现其他版权问题， 请致电客服或发送邮件，相关人员会及时处理。 2024 年 3 月 22 日 沪指高开后小跌收盘，盘中下探至 5 日均线附近获得支撑，周五开盘 短期均线或将继续跟进，股指有望继续向 3100 点推进。本周沪指大概 率收红，下周开盘 5 周均线可能继续上行托举指数，下方支撑进一步 夯实，指数蓄势后或将收复 3100 点大关。 市场概况：3 月 21 日，市场全天震荡调整，三大指数均小幅下跌。盘 面上，低空经济板块持续爆发，AI ...

| --- | --- | --- | --- | --- | |------------------------|-------|-----------------------------------------------------------------------------------------|-------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------| | | | | | 2024 年 03 月 18 日 星期一 | | 【摘要】 | | | | | | 【今日要闻】 | | | | | | | | 青海玉树州杂多县发生4.3级地震 震源深度10千米(第一财经) | | | | | | 固本强基 提升资本市场内在稳定性(中国证券报) | | | | | | 政策效果显现 转融券市场规模明显缩 ...