Securities Times Network October 17th
Double eleven approaching paper product price increase is expected to be strong 6 concept stocks hoist
According to the China Securities Journal reported on the 17th, Huayin Carton announced on October 16 that the "Double Eleven" and the Spring Festival season are coming, and the price of paper will increase by 200-400 yuan / ton. Huayin Carton said that the domestic carton factory has been reduced from more than 3,300 in 2010 to about 2,000, and the supply of carton has been greatly reduced. The original paper has also skyrocketed, with the largest increase in corrugated paper, rising from 3,105 yuan/ton on October 14 last year to more than 5,300 yuan/ton now, with a minimum increase of 70%.
It is worth noting that the paper companies have improved. According to Wind data, 19 paper-listed companies announced their third-quarter results, 18 of which were pre-history. The net profit growth of many listed companies was more than doubled. Half of the listed companies' net profit exceeded 100 million yuan. Chenming Paper The net profit of two listed companies in Sun Paper has exceeded 1 billion yuan.
Huatai Securities believes that demand for support in the peak season, coupled with tight stocks of traders, is expected to continue the price increase of cultural paper; short-term demand will be weak after the holiday, and the inventory of stacking enterprises will increase, and the price of box corrugated paper will be stable; As we approached, it is expected that the price of boxboard corrugated paper will continue to rise in late October.
In terms of investment opportunities, Huatai Securities believes that the environmental protection and demand peak season in the heating season in the fourth quarter will continue to support the short-term supply and demand pattern. The paper price increase is still certain, and the industry's profit expansion logic remains unchanged. Recently, the papermaking sector is mainly dragged down by the cyclical correction of the property chain, which is driven by the optimistic expectation of the property chain. After the callback, it is expected to follow the cycle and rebound. Recommended Shanying Paper, Chenming Paper, Sun Paper, Huatai and Bohui Paper, it is recommended to pay attention to Jingxing Paper.
Guojin Securities pointed out that in the paper industry, in the third quarter of this year, although the price of finished paper fell first and then rose, it was basically at a high price, and the price of cardboard and corrugated paper continued to rise during the period. Therefore, the research report believes that the fluctuation of the paper price will benefit the listed paper enterprises in the third quarter, the profitability will be significantly improved, and the performance will grow rapidly. Looking forward to the fourth quarter, Huatai Securities believes that the performance of paper companies will maintain ultra-high-speed growth, and still have the possibility of exceeding expectations. 1) In terms of cultural paper, the price of pulp has been lowered in the past two weeks due to the arrival of new pulp in Hong Kong this month. At the same time, the price of double-adhesive paper and coated paper has increased by 7.81% and 5.46% respectively, and the profit margin of cultural paper enterprises continues to expand. In addition, cultural paper is also entering the peak demand season, and the price is not easy to fall in the fourth quarter. Therefore, the research report judges that the performance of the cultural paper enterprises in the fourth quarter is more than expected. This week, cultural paper continues to recommend the Sun Paper, which is recommended to have excellent management capabilities and will be fully released next year. 2) Due to the ban on the abolition, the price of boxboard corrugated paper continued to rise in the third quarter. In September, the leading enterprises of packaging papers such as Xiaolong, Liwen and Shanying broke the thousand-yuan mark. According to the research report, the third-quarter performance of packaging paper companies is better than that of cultural paper companies. In the fourth quarter, the country's approval of new import quotas for foreign waste is weak. It is expected that the trend of national scrap price hikes will be difficult to turn around in the short term, and the fourth quarter results of packaging paper enterprises will continue to increase. On the other hand, according to the grassroots research of the Guojin Transportation Team, due to the increase in the comprehensive costs of manpower, capacity and express carton, some domestic courier companies have adjusted the courier costs, and the delivery team judged that the follow-up express industry exists. Large-area price increases are possible. Express transportation packaging is the core industry downstream of packaging paper. This price increase indicates that the price increase of the original paper is gradually being transmitted downstream, which is conducive to maintaining the overall relatively high prosperity of the packaging paper industry and ensuring the healthy growth of paper companies. This week, we continue to recommend one of the Big Three of the packaging papers, and the company’s performance is beautiful, and it is recommended to pay attention to Bohui Paper, a leading white paperboard company.
Tips: All information content of Securities Times Network is for reference only and does not constitute investment advice. The stock market is risky and investment needs to be cautious.
(Securities Times News Center)
Securities Times Network October 17th
Yesterday, the Shanghai copper main contract rose 3.13%, to close at 5,590 yuan / ton, setting a new high since April 11, 2013, while the price per ton also returned to 55,000 yuan / ton over 54 months. In the external market, the LME copper futures also rose sharply yesterday, and once in the afternoon it surged to 7111.5 US dollars / ton, refreshing the high point since August 5, 2014.
According to the Securities Daily reported on the 17th, analysts said that the tightening of the supply side, the weakening of the US dollar index and the improvement of the demand side brought about by the global economic recovery are all support for the high copper price operation. Domestic demand for terminals has risen steadily, and inventory has returned to the downtrend channel. On the supply side, benefiting from the structural reform of the supply side, the current actual supply increase of copper concentrates has strong support for copper prices, and the mid- and long-term copper prices have bottomed out. Expectations are strong. At present, the Shanghai copper premium continues to be high, and there is still room for further upside in the future.
Currently in the window period of intensive disclosure of the three quarterly reports, the performance of listed companies is not only highly concerned by the market, but also gradually becomes an important logic for the performance of stock prices. According to statistics, among the listed companies that have disclosed the results of the three quarterly reports, Yunnan Copper, Jingyi, Tongling Nonferrous, Western Mining, Chujiang New Materials, Hailiang and other companies are expected to increase their net profit by 50%. More than %, in addition, in the companies that have not disclosed the performance forecast, Pengxin Resources, Shengyu Mining, Zijin Mining, Mengzhou Shares, Jiangxi Copper, Powerway Alloy and other companies also performed well in the semi-annual report this year, with year-on-year growth exceeding 50%, the performance of the three quarterly reports is worth looking forward to.
Huatai Securities believes that in the short term, scrap copper and crude copper stocks are in a reasonable range, the electric copper market is relatively abundant, and there is a gap in copper concentrate supply. Domestic copper demand is expected to slow down from 2016 to 2020, while global supply and production projects are scarce at the supply end 2021, but there are many new smelting projects, and demand for copper concentrates has increased steadily. In addition, scrap copper is limited by the imperfections of domestic recycling channels and imports. The tightening of channels will make it difficult to increase future supply. Therefore, copper concentrate supply is expected to continue to improve, and it is expected that copper prices will be supported by shortage of mine production in the future.
Pacific Securities believes that the sharp recovery in copper prices after the holiday mainly benefited from the continued decline of the US dollar index. At the same time, the newly disclosed minutes of the Fed meeting showed that although policy makers tend to raise interest rates again during the year, there are still differences of opinion on the recent weak inflation price, or may make further decisions based on the future situation. The increase in Chinese imports also supported copper prices: the import of unwrought copper and copper in September was 430,000 tons, the highest since March, an increase of 26.5% year-on-year and an increase of 10.3% from the previous month. Short-term domestic environmental protection and production restrictions may still suppress demand. In the fourth quarter, copper consumption may be affected, and prices continue to rebound, but other kinetic energy is still needed. This week, Tongling Nonferrous Metals, Yunnan Copper and other third-quarter performance forecasts have increased significantly year-on-year, which is worthy of attention in the short term.
Tips: All information content of Securities Times Network is for reference only and does not constitute investment advice. The stock market is risky and investment needs to be cautious.
(Securities Times News Center)
Securities Times Network October 17th
Huawei Mate10 Europe's first AI chip concept is expected to receive attention
On the evening of the 16th, Huawei launched the new generation flagship Mate10 series in Munich, Germany, equipped with Huawei Hisilicon's artificial intelligence chip Kirin 970. In the eyes of the industry, this means that AI chip applications will accelerate, and then, domestic smartphone manufacturers will quickly follow up.
According to the Shanghai Securities News, China has released a number of Mate10, Mate10 Pro and Porsche mobile phones (collectively called Mate10 series). Appearance, the Mate10 series uses a metal middle frame and a dual-axis 3D hot curved glass back cover, a full screen, and the Leica dual camera, flash, laser focus and other components behind the fuselage are integrated in the same module.
Of course, the biggest selling point of Mate10 is "smart". According to Huawei's live demonstration, the Mate10 Pro is equipped with the world's first artificial intelligence chip unicorn 970 integrated with NPU (Neural Network Processor). It takes 5 seconds to recognize 100 pictures, faster than iPhone 8 Plus and Samsung Galaxy Note 8.
Kirin 970 uses a highly efficient heterogeneous computing architecture to significantly increase AI computing power. For the first time, it integrates the Cambrian NPU dedicated hardware processing unit of the Chinese Academy of Sciences, and designs the HiAI mobile computing architecture, which has better performance than traditional CPUs (central processing units) and GPUs. The graphics processor is up 20% and the power consumption is lower.
Huachuang Securities pointed out that after Huawei released the AI ​​chip, Apple announced that the iPhoneX will be equipped with AI chips. Qualcomm and Samsung's terminal AI chip plans are also in the preparatory stage. The giants are vying for the card terminal AI chip and opening the terminal AI chip era. Pay attention to industrial ecological changes.
In terms of investment opportunities, it is recommended to actively focus on the concept of AI chips. Public safety section recommended: Chenan Technology; security monitoring section recommended: Suzhou Keda, Xiling information, focus on the technology; artificial intelligence recommended: Huayu software, Hikvision, Dahua shares, Keda News, Straight Flush, China Taiyue, Dongfang Netpower, pay attention to Yuanfang Optoelectronics, Sitron Medical Hui, Zhejiang University New Network, Gongda High-tech, Sichuan University Zhisheng, Saiwei Intelligent; Enterprise Cloud Service Recommendation: SuperMap Software, Guanglianda, Neusoft Group; Information Security and Independent controllable recommendation: Venus Chen, Meiya Baike, Taiji, Blue Shield, NSFOCUS; driverless recommendation: Suo Ling shares, Qianfang Technology, focus on 4D Tuxin, Lu Chang Technology; consumer finance recommendation: New World, two three four five.
Tips: All information content of Securities Times Network is for reference only and does not constitute investment advice. The stock market is risky and investment needs to be cautious.
(Securities Times News Center)
Securities Times Network October 17th
More than 250 companies disclosed this week that the three quarterly reports have been laid out in advance.
According to past practice, A-share company financial report disclosure often shows the phenomenon of “prostitute first marriedâ€. Companies with excellent fundamentals like to disclose earnings in advance, while the disclosure period of companies with poor performance will be relatively delayed.
According to Wind statistics, 259 listed companies are expected to disclose the 2017 third quarterly report this week. It is worth noting that some stocks have been favored by funds since the National Day and have been “layout†in advance.
259 companies disclosed three quarterly reports this week
The data shows that about 259 listed companies disclosed three quarterly reports this week, of which 199 companies disclosed the results of the three quarterly reports, of which 156 were pre-history, accounting for 78%. In terms of types, 62 pre-increased, 61 increased slightly, 8 turned losses, and 25 continued to increase. A high proportion of pre-history companies still show that A-share listed companies generally follow the "good news in advance disclosure" rules.
Among the companies that will disclose the third quarterly report this week, the performance forecast shows that 33 companies have net profit growth of more than 100% year-on-year (excluding the loss-making company, the same below); 14 companies' net profit increased by 200%. Above; 4 companies are expected to achieve a maximum net profit increase of more than 10 times.
From the reasons of the sharp increase in net profit, Tianshan shares pointed out that benefiting from the sales volume of the company's main products in 2017 has increased compared with the same period of last year, the net profit of the first three quarters is expected to be about 270 million yuan; last night, Tianshan shares have Disclosure of the third quarterly report, the company's net profit for the first three quarters was 314 million yuan, an increase of 7151%; in addition, Xuefeng Technology announced that thanks to the macroeconomic impact, product production and sales increased, sales gross profit increased compared with the same period, the company strengthened financial management and three The quarter is a busy season and the company's performance has grown rapidly.
It should be noted that not all companies whose net profit is expected to grow substantially benefit from the growth of their main business. Among them, Jinfu Technology mentioned that in the first three quarters of this year, the company generated the proceeds from asset disposal by disposing of the land and houses of its subsidiary Dongguan Jinfu Diqi Electronics Co., Ltd. The estimated impact of non-recurring gains and losses on profits was 18 million yuan. ~23 million yuan, and Jinfu Technology predicts that the net profit in the first three quarters will range from 30 million yuan to 35 million yuan.
Advance funding
With the disclosure of the third quarterly report, market funds have focused on those stocks that are growing but whose stock prices have not soared, especially those that have improved or expected good results in the third quarter.
Some of the above-mentioned 259 listed companies have been allocated funds in advance. Wind statistics show that since the holiday, 13 companies have been favored, and the accumulated net inflow of funds has exceeded 100 million yuan.
Specifically, Lixun Precision's accumulated net inflow of funds after the holiday was 494 million yuan, ranking first; Netcom's net inflow of funds reached 429 million yuan, followed closely; in addition, Hualan Biological and Oriental Ocean two net stocks net The inflows exceeded 200 million yuan. In terms of stock price performance, since the holiday, except for the slight decline in the share price of Kairuide, the other 12 stocks have risen. Among them, stocks such as Antong Holdings, Dongfang Ocean and Jinfu Technology have accumulated more than 10%.
Xue Jun, an analyst at Orient Securities, pointed out that since 2017, the investment style of Beishang Capital and QFII (Qualified Foreign Institutional Investors) has become one of the mainstream of the market. The opening up of A-shares is the general trend, and the pursuit of blue-chip stocks may just begin. In addition, he also suggested that performance analysis is a system-wide work, and performance growth is very important, but performance analysis should cover aspects such as profit quality, profitability, and profitability. Therefore, investors should mutually prove each major indicator and comprehensive forecast. The growth rate of individual stocks.
(Securities Times News Center)
Securities Times Network October 17th
The latest investment route of the national team exposed the first batch of Awkwardness stocks to adhere to 9 quarters
With the three quarterly reports of listed companies in 2017, the investment charts of the national team began to surface. According to the statistics of Tonghuashun, the Market Research Center of Securities Daily found that as of yesterday, among the listed companies in the Shanghai and Shenzhen stock markets that have disclosed the third quarterly report, there are a total of six companies with a list of the top ten tradable shareholders. The national team represented by the company, China Securities Finance Co., Ltd., etc.
Specifically, the disclosure of the three quarterly reports shows that among the above six companies, the national team holds the largest number of shares in Anxin Trust, reaching 93,200 shares, and the number of shares held by Wanhua Chemical and China Jushi is also 3,000. More than 10,000 shares, respectively: 4,201.63 million shares, 36.45 million shares, in addition, the national team holding Qianshan Pharmaceutical Machinery, Jiangshan shares, Zhongyuan Special Steel and other three national stocks holding shares: 927.66 million shares, 61.6 million shares , 5,411,500 shares.
It is worth mentioning that in the third quarter of 2015, the national team has already appeared in the list of the top ten tradable shareholders of the above six stocks. Although it has experienced different levels of increase and decrease operations during the period, it has never withdrawn, and has adhered to it until now. Quarters.
The performance of the six stocks that the national team adhered to was generally good. Among them, the net profit of the three stocks of Jiangshan, Wanhua Chemical and Qianshan Pharmaceutical Machinery increased by more than 100% year-on-year, respectively: 979.41%, 212.41%, 135.27%, China Jushi and Anxin Trust's third-quarter net profit also achieved year-on-year growth, respectively: 35.88%, 22.27%.
Under the optimistic national team performance and outstanding performance, three stocks including Essence Trust, China Jushi and Qianshan Pharmaceutical Machinery took the lead. Since October, the stock prices have risen to different degrees. The cumulative increase during the period was 6.56% and 3.84% respectively. , 2.18%.
The third quarterly report of Essence Trust revealed that the company's operating income for the first three quarters was 4.197 billion yuan, and net profit was 2.825 billion yuan, up 19.40% and 22.27% year-on-year respectively. For the top ten tradable shareholders, China Securities Finance Co., Ltd. increased its holdings of the company's shares by 5,268.36 million shares to 158,034,800 shares in the third quarter; Central Huijin Asset Management Co., Ltd. held 41,285,200 shares of the company in the third quarter, compared with the previous period. No change has occurred. The shareholding ratio of the national team increased from 5.87% in the previous period to 7.98%. The outstanding performance of Essence Trust has also been recognized by brokers. In the past one month, five brokers have given Essence Trust a “buy†or “overweight†rating.
In addition to the Essence Trust, China's Jushi, Wanhua Chemical and other two stocks are also more concerned. In the past one month, the brokers have given “buy†or “overweight†optimistic ratings: 16 8 homes.
(Securities Times News Center)
Securities Times Network October 17th
Chaoqicheng company pre-ecamped the environmental protection sector in the fourth quarter or reversed
The recent environmental protection sector started. Statistics show that as of October 16, a total of 33 companies in the environmental protection sector announced the results of the three quarterly report, the pre-happiness ratio exceeded 75%.
A number of brokerage analysts believe that the environmental supervision and supervision will be superimposed at the end of the year, the black odor river governance and the "atmosphere ten" target assessment, the low value of the environmental protection sector, low positions, strong catalysis, may become the reversal sector in the fourth quarter one.
Pre-happiness ratio is over 70%
According to statistics from the big data terminal of Caihui, as of October 16, a total of 33 companies in the environmental protection sector announced the third quarterly results forecast. Among them, 23 were pre-increased, 5 were pre-reduced, 3 were pre-loss, and 2 were turned losses. The pre-happiness ratio exceeded 75%.
Seven companies, including Xinlun Technology and Kerong Environment, expect maximum net profit growth of over 100%. Bosch's third quarterly report shows that it is estimated that the net profit of the first three quarters will be 7462-655.2 million yuan, an increase of 88%-118%. The reason for the substantial increase in performance was the significant increase in the number and size of orders in the company's orders. The recognition of some of the orders in the hand-to-hand orders made the operating results in the reporting period increase by a large margin.
According to the analysis, as of September 2017, Bosch has over 6 billion yuan in orders for water services. In the first half of 2017, new orders for water services amounted to 977 million yuan, an increase of 66.62% over the same period of last year. Overlapping the 2017 black odor water treatment assessment year, township sewage treatment And the release rate of black odor river management orders is expected to increase again.
Shen Wan Hongyuan Research reported that the overall net profit of 32 key environmental protection companies in the third quarter of this year was 10.2 billion, a growth rate of 31%. The main reason is that the environmental protection supervision has tightened the demand for treatment. At the end of the year, the black-smelling river governance examination and the Beijing-Tianjin-Hebei atmospheric treatment continued to increase, and the PPP project entered the performance release period.
In terms of sectors, the water treatment sector is the fastest growing, with a year-on-year increase of over 70%. With the approach of black odor water treatment and the introduction of the “hechang system†policy, this year's water ecological management orders were intensively released. As an important part of the “Water Ten Articlesâ€, the treatment of black and odorous water bodies clearly proposes that the municipality, the provincial capital city, and the planned single-city built-up areas will basically eliminate black and odorous water bodies by the end of 2017. The net profit of many water treatment companies such as Bosch, Bishuiyuan and Wanbangda increased by more than 50%.
Environmental monitoring is also a fast-growing sector, with overall net profit up nearly 50% year-on-year. 2017 is the Beijing-Tianjin-Hebei atmospheric pollution assessment year, which stimulates the demand for high-quality grid monitoring and VOCs monitoring and control. The market is concentrated, and the average growth rate of the industry is significantly higher than that of the same period last year.
The atmospheric management sector has grown by more than 10% year-on-year. The traditional power plant flue gas treatment is approaching the peak, and the non-electrical industry has great potential for atmospheric pollution improvement.
It is expected to welcome a new round of market at the end of the year.
Tian Shuai, an analyst at Tianfeng Securities, believes that the current overall valuation of the environmental protection sector is low, the proportion of public fund holdings is low, and the policy is strong, and it is likely to become one of the reversal sectors in the fourth quarter.
First of all, the market has made a major change in the awareness of environmental protection. From the first round of central environmental inspectors starting in July last year, to the “2+26†city inspector that began in April this year, and then to “2+26†in September. "City strengthens the inspector. After entering the third quarter, some cities outside the “2+26†have also joined the ranks of limited production. Xuancheng and Tongling in Anhui Province have given orders to limit the production of key industries in the iron and steel industry by 30%. Xuzhou has issued a cement limit production order; The city is also self-pressurizing, raising the standard or proceeding in advance. Tangshan City issued a notice on October 11th, which will extend the production time from November 15th to October 12th, and require the steel enterprises to implement the 50% stoppage of sintering equipment before the production of the autumn and winter peak production plan of the city's steel enterprises. Production measures; after the city's steel industry autumn and winter peak production program issued, strictly follow its implementation. Hebei has raised its steel production limit from 50% to 55%.
According to the analysis, the normalization of central environmental protection supervision makes environmental constraints an important variable for the sustainable experience of industrial enterprises. Supply-side reforms will make the recovery of stock capacity and earnings, which will stimulate a large number of industrial environmental protection needs, which will promote the rapid development of industrial environmental protection industry.
Zhong Shuai said that optimistic about the environmental protection sector in the fourth quarter and the first half of next year, promoting ecological civilization and building beautiful China is expected to be supported by a series of policies. The entire environmental protection sector will usher in a good external policy environment and public opinion environment.
(Securities Times News Center)
Securities Times Network October 17th
Revenue net profit increased by more than 20%, listed brokers' overall performance in September
In the context of the new stock index's successively new highs in more than a year, the A-share market activity has improved significantly, and securities companies, as important intermediaries, have also ushered in a recovery period. As of the evening of October 16, a total of 29 listed securities companies in the Shanghai and Shenzhen stock markets disclosed financial data for September. Taking the parent company as the statistical caliber (the same below), its total operating income was 17.406 billion yuan, and the total net profit was 7.321 billion yuan, up 22.16% and 24.48% from August respectively.
Monthly sales rebounded across the board
From the performance of a single month, after the August performance was slightly lower than the market expectation, listed brokers ushered in a full-line recovery in September. A total of 21 brokerage companies achieved single-month revenue and net profit growth, accounting for more than 70%.
In terms of absolute amount, CITIC Securities, Guotai Junan and Shenwan Hongyuan ranked the top three most profitable brokers in September, with net profit corresponding to the parent company of 870 million yuan, 711 million yuan and 540 million yuan, respectively, and achieved 35 in August. More than % increase. Not only that, CITIC Securities also achieved revenues of nearly 1.9 billion yuan in September, a substantial increase of 45% from the previous month and an increase of more than 50% over the same period last year.
Leading brokers are still able to achieve such a large increase in performance, and the performance of small and medium-sized brokerages is naturally greater. Judging from the increase in net profit in September, the net profit of seven brokers increased by more than 100% in a month. Among them, Southwest Securities achieved a net profit of 104 million yuan in September, a significant increase of more than 8 times compared with August; Pacific, Northeast Securities, Western Securities, First Venture and other small and medium-sized brokerages, net profit growth is also more than 200%.
In terms of operating income, Pacific, Western Securities, Southwest Securities, and Northeast Securities also ranked the top in the single-month revenue growth, and their operating income in September exceeded 300 million yuan, a year-on-year increase of more than 110%.
With the single-month performance in the previous September, the performance of listed brokers in the first three quarters of this year has gradually become clear. Regardless of the consolidated data of subsidiaries, only Guotai Junan, Huatai Securities and CITIC Securities ranked in the top three of the net profit of brokers in the first three quarters of this year, and the net profit corresponding to the parent company was 5.630 billion yuan and 55.64 respectively. 100 million yuan and 5.444 billion yuan, year-on-year performance is also significantly better than the industry average.
From the year-on-year situation, in the first three quarters, Orient Securities ranked first in the list of listed brokers' performance growth. Its parent company achieved operating income of 4.089 billion yuan in the first three quarters, an increase of over 50% year-on-year, and realized a net profit of 1.850 billion yuan, up nearly six years. to make. In addition, Shanxi Securities' parent company also achieved an increase in operating income and net profit over the previous three quarters by more than 30%.
Institutions are optimistic about the performance of brokerage stocks in the fourth quarter
Responding to the recovery in performance, the brokerage stocks have achieved a general increase since the third quarter, and some of the leading brokerage stocks have gained 20%. More importantly, many institutions are optimistic about the performance of brokerage stocks in the fourth quarter, and capital-driven and performance-driven may become the biggest driving force for their rise.
First of all, from the historical trend, the overall performance of the brokerage sector in the fourth quarter in recent years is remarkable, and the probability of increase is significantly higher. According to a survey by China Merchants Securities, in the eight years from 2009 to 2016, in addition to 2011, brokerage stocks performed well in the fourth quarter. Specifically, in the above-mentioned eight years, the brokerage stocks achieved a rising probability of more than 80% in the fourth quarter, and the average rise lasted for 40 trading days.
Secondly, in terms of performance, China Merchants Securities believes that the market trading sentiment in the third quarter has rebounded significantly. The first- and second-tier market data in September continued to perform well in the second quarter, which will promote the broker's single-month performance to continue to improve. In terms of non-traditional business, the outstanding performance of the direct investment business will become an important point of view and the largest expected difference in promoting the self-operated business of securities firms. At the same time, innovative businesses such as international business will also promote the steady growth of the overall performance of securities companies.
In addition, market participants believe that the overall investment style of the market this year is biased towards blue chip stocks and value investments. In the big financial sector, insurance and banking stocks led the gains in the early stage, while brokerage stocks rose relatively little. The overall valuation is still at the central level, especially the valuation of large brokerage stocks has much room for improvement.
However, as the brokerage sector continues to rise rapidly and requires a lot of capital support, the market view also generally believes that from the current situation, the brokerage stocks like the end of 2014 to the beginning of 2015 are difficult to reproduce, and the entire brokerage sector is expected to usher in a slow rise in the future.
(Securities Times News Center)
Securities Times Network October 17th
Nanyang shares: plans to implement 300 million yuan employee stock ownership plan
Nanyang shares disclosed the employee stock ownership plan in the evening. The company plans to raise no more than 1,000 employees to raise funds of no more than 150 million yuan, and raise a priority fund of no more than 150 million yuan to form a trust plan with a scale of not more than 300 million yuan. Purchased shares of Nanyang shares. Nanyang shares increased significantly in the early period, and the cumulative increase during the period from July to September exceeded 40%.
Sinoma Technology: Net profit increased by 77% in the first three quarters
Sinoma Technology disclosed the third quarterly report in the evening. The company's revenue for the first three quarters was 7.231 billion yuan, and net profit was about 600 million yuan, up 16% and 77% respectively. The basic earnings per share was 0.28 yuan. During the reporting period, the demand for the glass fiber industry was strong, and the company adjusted the wind turbine blade product structure and integrated the gas cylinder business. The main business indicators were better than the same period last year. In terms of shareholder list, the National Social Security Fund's 413 combination and 107 combination newly entered the company's top ten tradable shareholders, with a shareholding of approximately 8 million shares and 2,596,400 shares respectively.
Fuhuang Steel Structure won the bid for 88.35 million yuan campus construction project
Fuhuang Steel Structure announced on the evening of the 16th that the company recently participated in the public bidding of the new campus construction project of Xiangyang Vocational and Technical College and became the first successful bid winner of the project. It is estimated that the winning bid will be about 88.35 million yuan, accounting for 37.10% of the company's audited operating income in 2016.
(Securities Times News Center)
Securities Times Network October 17th
Sany Heavy Industry: Pre-net profit increased by about 9 times in the first three quarters
Sany Heavy Industry expects the company's net profit attributable to shareholders of listed companies in the first three quarters of 2017 to be 1.76 billion yuan - 1.81 billion yuan, an increase of 908% -937% over Sany Heavy Industry compared with the same period last year.
Tianwo Technology: Signed a contract for a 26.4 million yuan desalination project
Tianwo Technology (002564) announced on the evening of October 16 that the company's wholly-owned subsidiary Zhang Huaji signed the "Industrial Products Sale Contract" with Dongfang Boiler. The contract stipulates that Zhanghuaji will provide equipment for Hengfang Petrochemical desalination project for Dongfang Boiler according to the technical agreement specification of Hengli Petrochemical Desalination Project. The total contract amount is 26.4 million yuan, accounting for 2.2% of the company's 2016 operating income. This contract is the first time the company has entered the desalination engineering equipment field. It is of great significance for Zhanghua Machine to enter the emerging field, promote product structure transformation and upgrading, increase added value and open up new markets.
Jiangxi Copper: Metal products prices rose by 50% to 70% in the first three quarters
Jiangxi Copper disclosed the results of the pre-announcement of the first three quarters, and expected net profit to increase by 50% to 70% compared with the same period of the previous year. The profit for the same period last year was 988 million yuan. The reason is that the price of major metal products of the company increased in the first three quarters, which boosted the company's performance.
(Securities Times News Center)
Securities Times Network October 17th
Haida Shares: Signed a contract for the purchase of solar roof seals with Tesla
Haida shares announced that the company signed a purchase contract with Tesla on September 28 to supply solar roof seals to the latter for a period of 12 months or an extended period of time specified by Tesla. The contract is an open contract, and the amount is subject to the final actual settlement, which does not have a significant impact on the company's 2017 annual results. Haida shares pointed out that the contract is the beginning of the company's business with Tesla. Although the company has entered the supplier system through Tesla assessment and strives for larger supply, the large-scale supply and long-term stable cooperative relationship still exist. There is a big uncertainty.
Fangda Carbon: The first three quarters of performance increased by more than 24 times
Fangda Carbon announced that it is estimated by the financial department that the net profit attributable to shareholders of listed companies in the first three quarters of 2017 will increase by about 2,460% compared with the same period of the previous year. In the same period last year, the net profit attributable to shareholders of listed companies was 78.752 million yuan. From January to September 2017, the company's production capacity has not changed significantly compared with the same period of last year. The company takes advantage of the position of the industry, judges the market supply and demand, seizes the opportunity, gives full play to the competitive advantages in technology, equipment and production scale, rationally arranges the production and sales of carbon products, refines the cost control, and obtains the operating results compared with the same period of last year. Significantly improved.
(Securities Times News Center)
Securities Times Network October 17th
3D Engineering: Signing a contract of 12.179 billion yuan
The 3D project announcement, on October 16, 2017, signed the “Purchasing and Construction (EPC) General Contract for the Phase I Construction Project of the Polymer Materials Industrial Base of Qilu Chemical Industry Park in Zibo City with Zibo Qiheng Asset Management Management Co., Ltd. The total contract price was 12.179 billion yuan. On July 7, 2017, the company announced the winning bid for the project in the company's designated information disclosure media.
Chunxing Seiko: RF devices have entered Huawei's supply chain system
Chunxing Seiko revealed on the interactive platform that the company's filter RF devices have entered the Huawei supply chain system. In 2016, the company will reserve 5G RF device technology research and development, and follow the 5G industry standard to participate in the joint research and development of important customer projects. In the future, 5G products will be launched in real time according to market and customer needs.
Changshan Stock: The wholly-owned subsidiary won the bid of 379 million yuan
Changshan Co., Ltd. announced that its wholly-owned subsidiary, Beiming Software, received the “Notice of Winning Bid†issued by the Civil Aviation Administration of China Civil Aviation Administration, confirming that Beiming Software has won the bid for “Civil Aviation Communication Network Engineering IP Bearer Network Equipment Procurement Project†and “ Civil aviation communication network engineering integrated network management, experimental test training operation and maintenance platform and disaster recovery center procurement project." The winning bid amounted to 379 million yuan.
(Securities Times News Center)
Securities Times Network October 17th
Mingtai Aluminum: Subsidiaries' important orders have positive impact on the company's performance this year and next.
Mingtai Aluminum announced that CRRC Qingdao Quartet had previously won the bid for the vehicle procurement project of the suburban railway project in Zhengzhou South Fourth Ring Road to Zhengzhou South Station. Now it plans to purchase 33 aluminum alloy vehicles for the aluminum alloy vehicles purchased by the winning bidding project. All of them were entrusted to Zhengzhou Mingtai Transportation New Materials, a wholly-owned subsidiary of Mingtai Aluminum. At present, Zhengzhou Mingtai Traffic New Material Railroad Car Welding Production Line has been mass-produced. The railcars produced in the previous period have been accepted and put into operation through the CRRC. The order will have a positive impact on the company's 2017 and 2018 operating results.
Qilian Mountain achieved net profit of 580 million yuan in the first three quarters, an increase of 184.52%
Qilian Mountain achieved a net profit of 580 million yuan in the first three quarters, an increase of 184.52% year-on-year; realized operating income of 4.628 billion yuan, an increase of 21.99%.
Hualing Xingma is expected to achieve a net profit of 20-30 million yuan in the first three quarters.
Hualing Xingma is expected to turn losses into profit in the first three quarters, achieving a net profit of RMB 20-30 million and a loss of RMB 210 million in the same period of last year. During the reporting period, the sales of heavy trucks and special-purpose vehicles increased.
Ningxia Building Materials: Net profit for the third quarter increased by 224.53% year-on-year
Ningxia Building Materials achieved a net profit of 287 million yuan in the first three quarters, an increase of 224.53% year-on-year; realized operating income of 3.438 billion yuan, an increase of 27.48%.
(Securities Times News Center)
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