光大证券晨会速递-20250611

Core Insights - The report maintains a positive outlook on undervalued, high-dividend, and well-performing "three major oil companies" and oil service sectors, recommending attention to China National Petroleum, China Petroleum & Chemical, China National Offshore Oil, China Oilfield Services, and others [2] - There is a sustained optimism regarding domestic substitution trends in material companies, particularly in semiconductor and panel materials, with recommendations for companies like Jingrui Electric Materials and Tongcheng New Materials [2] - The report also highlights a favorable view on the pesticide, fertilizer, and private refining sectors, suggesting companies such as Wanhua Chemical and Hualu Hengsheng for investment [2] - Additionally, the report expresses a positive sentiment towards the vitamin and methionine sectors, recommending companies like Andisu and Zhejiang Medicine [2] Market Data Summary - The A-share market showed a decline with the Shanghai Composite Index closing at 3384.82, down 0.44% [3] - The commodity market reflected mixed results, with gold slightly up by 0.04% and nickel down by 1.08% [3] - In the foreign exchange market, the USD/CNY exchange rate was 7.184, down 0.02% [3] - The bond market showed a slight decrease in the one-year government bond yield to 1.4077%, down 0.25 basis points [3]