Since the Federal Reserve started the expectation of interest rate cuts, the peripheral stock markets have once again opened a feast of rising, with the US stock market and the Indian stock market repeatedly setting historical highs, and the FTSE Straits Times Index reaching a new high since 2007; the cumulative increase within the year exceeds 12%.
The Philippine Composite Index set a new high since February 2022, rebounding by 20% from the low point in June, entering a technical bull market; the Philippine Composite Index has accumulated a 15% increase within the year, and although the Nikkei Index has fallen after setting a historical high, the increase within the year exceeds 12.7%.
The only global stock markets that have not seen a bull market are A-shares and Hong Kong stocks.
What's more interesting is that the Indian Embassy in China issued a statement saying that the Indian stock market has risen by 23% this year.
The Indian stock market's weight in the MSCI AC World Investable Market Index is 2.35%, and it also said "it has surpassed several major economies," which is an unparalleled pride!
The key point is that it has surpassed several major economies, and I don't know if it is mocking the big A.
We used to mock them as "Ah San," but it turns out that we are the ones who are "Ah San"!
I.
There is an important press conference today.
At 9 am this morning, there will be a press conference held by the central bank, the national financial supervision, and the securities regulatory commission, introducing the situation related to financial support for high-quality economic development.
This is also one of the main reasons why the market could rebound yesterday, because the market is full of expectations for this meeting.
The package of market-saving plans mentioned before, I don't know if it will be announced today?
The key point is that the meeting time is deliberately arranged before the market opens in the morning, which also stimulates everyone's confidence in doing more, hoping not to bring disappointment to everyone.
II.
From January to August this year, the "price war" has caused a cumulative loss of 138 billion yuan in the overall retail market of new cars.
According to the relevant data analysis of experts from the China Association of Automobile Manufacturers, in August, the overall discount rate of the new car market was 17.4%.
From January to August this year, the "price war" has caused a cumulative loss of 138 billion yuan in the overall retail market of new cars, which has a significant impact on the healthy development of the industry.
The most competitive industry in China this year is the new energy automobile industry.
Now, apart from a few car manufacturers such as BYD and Great Wall Motors, it is basically the more they sell, the more they lose.
On the one hand, the dual pressures of sluggish consumption and manufacturers' wholesale volume have kept the dealer's inventory at a high level.
In order to reduce financial pressure and financing costs, dealers are forced to sell at low prices to survive.
On the other hand, the "price war" has led to a serious situation of reverse purchase and sale, and the more dealers sell, the more they lose.
At the same time, they are facing the pressure of financing maturity and difficulty in fulfilling their obligations.
Dealers are facing the risk of a sudden stop in business turnover and a sudden increase in the risk of capital chain rupture.
Now, new energy vehicles are similar to the lithium battery and photovoltaic industry at the beginning.
If exports are blocked and only price wars are fought domestically, a large number of them will eventually collapse!
Because the proportion of domestic new energy vehicles has exceeded 54%, how much room for improvement is there?
Therefore, the government is now calling for action to prevent systemic risks in the field of automobile distribution.
III.
Yonghui Supermarket: Shareholders plan to transfer 29.40% of the company's shares to the actual control company of Miniso.
The largest shareholder will change to Juncai International.
The recent market hotspot is mainly focused on mergers and acquisitions, restructuring, and economic transformation.
However, it is a pity that Miniso fell more than 16.3% in the US stock market last night, which seems to be not recognized for the acquisition of Yonghui Supermarket.
Because a garbage merger with another garbage equals a bigger garbage, today's Hong Kong stock Miniso will have adjustment pressure!
Last night, Jinlong Shares also announced a merger: respectively, Dongguan Financial Control and Dongguan Holdings transferred 194 million shares and 107 million shares of Dongguan Securities; CITIC Securities and Haitong Securities have not completed the reorganization and continue to suspend trading; Zhongjie Resources: The largest shareholder plans to transfer 10.75% of the shares to the actual controller.
IV.
How does the Shanghai Composite Index fill the gap of 2765 points?
There are only five trading days left in September, and then it will welcome the 75th anniversary of the founding of the People's Republic of China.
There are also only three months left in 2024.
Looking at the rules of the GEM index, there is a rule of three years of positive lines and three years of negative lines.
Next, look at the annual K-line chart of the GEM index.
Last year's decline was 19%, and this year's decline is also 19%.
There is no upward trend at present, and I only hope that this year's decline will be smaller.
The bottom is raised.
Next, look at the daily line chart of the Shanghai Composite Index.
It is currently a four-day consecutive positive, and it has reached below the gap of 2765 points.
There are two trends in today's trend: 1 is to open high and form an island reversal with the previous 2765 gap, and 2 is to open low and then rise to fill the 2765 gap.
The first trend is the best.
600550 Baobian Electric continued to rise to the daily limit yesterday, and it is currently 10 out of 14 days.
Because it is the first place in the increase in September, it is estimated that it will continue to rise, and it is impossible not to increase by 200%.
The current increase this month is 175%.
The second place is Shuangcheng Pharmaceutical, with an increase of 94%.
V. 300925 Faben Information - Huawei Hongmeng + A possibility of a skyrocketing main business: Research and development of information technology, combined with the business scenarios of customers, to provide software technology outsourcing services for different needs of customers in the process of informatization and digitalization.
The stock theme of this stock includes Huawei Hongmeng, information creation, unmanned driving, artificial intelligence, TikTok concept, blockchain, etc.
On September 12, Faben Information signed a cooperation agreement with Hongmeng Eco Service Company, and will carry out deeper cooperation in aspects such as industrial talent cultivation and promotion of Hongmeng industrial ecosystem construction.
What is a skyrocketing?
It is a big positive line breaking through the historical highest in a single month.
The current monthly increase of this stock is 58%.
Because it is a GEM stock with a 20cm advantage, there are still five trading days left in September.
It needs three daily limits (28.9 yuan) to break through 27.1 yuan at the current price of 16.73 yuan.
Therefore, the stock is expected to break through 27.1 yuan in the remaining five trading days.
Whether this stock will surpass Baobian Electric to become the first place in the increase in September is also difficult to say, after all, there is a 20cm advantage.
VI.
Today's attention to stocks 000595 Baota Industry - the production and sales of bearings, ship electrical appliances.
The actual controller is the People's Government of the Ningxia Hui Autonomous Region (holding ratio (listed company): 34.99%).
The stock theme of this stock is speed reducers, robots, national defense military industry, energy storage, photovoltaic, etc.
This stock has recently broken through the upper rail of the downward channel and is expected to exceed the previous high of 10.8 yuan.
600619 Haili Shares - the production and sales of air conditioning compressors, refrigerator compressors, and dehumidifier compressors, etc.
The actual controller is the Shanghai Municipal State-owned Assets Supervision and Administration Commission (holding ratio (listed company): 28.83%)
