Important information affecting tomorrow's stock price at a glance
====Securities News====
The first old revolutionary area revitalization plan is about to be released, Nanjing catering companies will cover many cities in Shaanxi, Gansu and Ningxia.
Following the approval of the "Guanzhong-Tianshui Economic Zone Development Plan" last year, the northwestern region may welcome a new national-level development plan this year.
Wang Yanwu, Director of Tongchuan City Circular Economy Office in Shaanxi Province, revealed yesterday in an interview with the "First Financial Daily" that the preliminary research for the "Shaanxi-Gansu-Ningxia Revolutionary Old Area Revitalization Plan" (hereinafter referred to as the "Plan") has been completed. This plan will cover 9 cities in the three provinces of Shaanxi, Gansu, and Ningxia. However, the specific geographical scope has not been finally determined.
Chongqing launches a 1 trillion yuan investment plan involving 13 categories of projects
Last year, Chongqing ranked among the top three in terms of economic growth rate nationwide. This year, it has launched another 1 trillion yuan investment plan, implementing 323 key projects throughout the city, aiming to complete an annual investment of 200 billion yuan.
The State Council announces the target for eliminating outdated production capacity in ten key industries including electricity
The State Council issued a "Notice", clearly defining the specific goals for eliminating outdated production capacity in key industries such as electricity, coal, steel, cement, non-ferrous metals, coke, papermaking, leather-making, and dyeing within the near future.
====Industry Dynamics====
Catering and tourism industry ranks in the "Top Three" in the first quarter
According to Wind statistics, calculated by the weighted average method based on total market value, from the beginning of this year to the close on March 31st, the overall increase in the Shenwan Catering and Tourism sector was 8.32%, while the Shanghai Composite Index fell by 5.42%. This sector outperformed the market by nearly 14 percentage points. Meanwhile, among the 23 industry indices of Shenwan, the increase in the catering and tourism sector ranked third, only behind the comprehensive and electronic component industries.
Restart of bancassurance growth leads to a sharp increase in matching pressure for insurance funds
In 2009, under the structural adjustment requirements of regulatory authorities, bancassurance premium growth for various life insurance companies dropped sharply to 8%. However, even after the structural adjustment, bancassurance premiums remained the most important source of premiums, and due to their mainly lump-sum payment structure, they were highly volatile and have become a decisive factor in premium growth.
From January to February, large-scale electronic information manufacturing industry continues to stabilize and recover
From January to February 2010, China's large-scale electronic information manufacturing industry continued the stabilization and recovery trend since the second half of last year. Production, exports, and benefits all showed restorative growth, with a year-on-year increase exceeding 20%.
====Company News====
Chongqing Beer suspends trading for "major matters", six funds of Dacheng "lie low"
After being continuously suspended for three trading days, Chongqing Beer (600132.SH) announced today that due to the proposed planning by Chongqing Light Textile Holding (Group) Company regarding major matters related to the company's largest shareholder - Chongqing Beer (Group) Co., Ltd., the company's stock will continue to be suspended until April 14th.
Proposed real estate injection "gives way" to the World Expo, ST Xingmei restructuring encounters setbacks
ST Xingmei's restructuring path encountered further complications. ST Xingmei announced today that it received notice from the reorganizer, Fengsheng Holdings, stating that due to the impact of the World Expo, the land use plan for Hong Kong New World (600628) Garden under construction in Shanghai has changed, which could affect its assessed value.
New management team of Shanghai Medicine debuts, "three fires" burn towards internal integration and external mergers and acquisitions
With the announcement by Shanghai Medicine (600849) on April 1st, the long-awaited new management team of Shanghai Medicine officially made its debut. The management team announced several transactions right from the start, demonstrating strong execution capability to the market.
Stock Comments:
Chongqing Gangjiu: A significant rise on Tuesday. The company is the largest inland main hub port in the upper reaches of the Yangtze River and a water-land transportation hub in southwestern China. It is also the only trade port in western China. After the full storage and navigation of the Three Gorges Reservoir Area, ten-thousand-ton-class fleets can reach Chongqing Port directly. This advantage is irreplaceable in western China. Moreover, the company's targeted issuance account purchases the assets of its major shareholders, which will lead to an overall listing. In terms of news, Chongqing has launched a trillion-yuan investment plan, and infrastructure stocks are favored. In the secondary market performance, today's long yang line broke through the historical concentrated trading zone. Short-term technical analysis shows active fluctuations. From the perspective of capital inflow, today's trading is mainly dominated by speculative capital, with more buying than selling. One can consider purchasing during dips but should avoid chasing highs.
Lino Solar: The company announced a significant asset swap, removing the currently operated coating assets. Specifically, these include 54.35% equity in Wuhan Shuanghu Auto Coating Co., Ltd., 33% equity in Wuhan Shuanghu Building Coating Co., Ltd., 12.84% equity in Wuhan Lino Chemical Group Co., Ltd., as well as the real estate, inventory, and accounts receivable required for the operation of the coating assets. The incoming asset is 100% equity in Shandong Lino Photothermal Technology Co., Ltd. The company's net profit for 2009 decreased by 121.29%, making the restructuring extremely urgent. In the secondary market, the stock experienced consecutive limits up over the weekend, followed by high volatility today. The capital flow indicates some divergence, so one should avoid blindly chasing highs and pay attention to risk control.
Tsinghua Guhan: The company is a high-tech enterprise in Hunan Province, belonging to the manufacturing industry, integrating traditional Chinese medicine, Western pharmaceutical formulations, and biochemical pharmaceuticals. It is one of the top 50 enterprises in the national traditional Chinese medicine industry and one of the largest Western pharmaceutical formulation manufacturers in the country. It is also the largest blood product manufacturer in the central-south region. The company suffered losses in 2009, with a net profit decrease of 350-400%. In the secondary market, according to publicly available information, institutions purchased 33.47 million yuan on April 2nd, and another institution bought 38.01 million yuan today. The stock has consecutively hit two limits up. One should avoid chasing highs and instead focus on volume changes during pullbacks, considering participation at lower levels if volumes contract.
Additionally, Tibet Mining (000762), Fenghua Stock (600615), Jiaozuo Wanfang (000612), and HaiXiang Pharmaceuticals (002099) are also worth paying attention to.