China Fund News Amman
On the last trading day of March, Hong Kong stocks were closed, and A-shares continued to maintain a volatile and differentiated market.
As of the midday close, the three major indexes were mixed, with the Shanghai Composite Index up 0.49%, the Shenzhen Component Index down 0.22%, and the ChiNext Index down 0.07%. In terms of individual stocks, about 2,700 stocks rose. The half-day turnover of the two cities was 540.6 billion yuan.
This morning's hot spots are basically concentrated in the Xiaomi auto industry chain that exploded last night and the cyclical stock sector led by gold.
Among the Xiaomi automobile concept stocks, Hitech, China Machine Inspection, and Kaizhong shares have a daily limit. Among the cyclical stocks, stimulated by the international gold price hitting a record high last night, gold stocks led the rise this morning, Lao Fengxiang and Laishen Tongling rose to the limit; non-ferrous metal concept stocks performed actively, and the northern copper industry rose to the limit; oil and gas stocks fluctuated higher, and the "three barrels of oil" rose hand in hand, and PetroChina hit an 8-year high.
PetroChina soared
Another 8-year high
On March 29, the oil sector led the intraday gains, and PetroChina rose nearly 7% intraday, hitting an 8-year high. As of the midday close, PetroChina rose 6.16% to close at 9.82 yuan per share, with a total market value of 1.72 trillion yuan.
Sinopec and CNOOC also soared.
On the news side, on the morning of March 29, Dai Houliang, chairman of PetroChina, met with Ren Zhengfei, founder of Huawei, in Shenzhen and visited Huawei's computing innovation laboratory. The two sides conducted extensive exchanges on improving corporate governance, digital transformation and intelligent development, and scientific and technological innovation.
Recently, PetroChina has made frequent moves in its transformation. On March 28, Dai Houliang, chairman of PetroChina, announced at the 2023 performance briefing that in response to the trend of green and low-carbon transformation, the company plans to accelerate the construction of "oil, gas, hydrogen and electricity" sales terminals this year, and it is expected that more than 1,000 new charging and swapping stations will be built. In addition, PetroChina has successfully acquired Potevio New Energy and reorganized the establishment of Kunlun NetUnion Power Co., Ltd., marking the company's official entry into the field of new energy vehicle charging platform.
At the same time, Huang Yongzhang, executive director and president of PetroChina Co., Ltd., said at the Boao Forum that new energy is now an important topic for PetroChina's green and low-carbon transformation, and PetroChina has put the development of green new energy in an important position strategically.
From the perspective of plate investment logic, Changjiang Securities said that there are three main investment logics in the oil sector: first, from the demand side, the overall demand for oil is still relatively stable, which may be a stable and increasing situation; second, from the supply side, OPEC and the United States are showing a relatively shrinking supply situation; third, the domestic oil sector has some unique logic, including the value of energy security, the logic of "special assessment" of state-owned enterprise reform.
The chairman responded to the merger rumors, and Founder Securities rose in a straight line
The recently disclosed annual report shows that the overall performance of brokerages in 2023 will decline, and the stock price of the secondary market will be under pressure as a whole.
On the morning of March 29, Founder Securities suddenly rose in a straight line, once rising more than 5%.
On the news side, on March 29, Shi Hua, chairman of Founder Securities, responded to the progress of the integration with Ping An Securities at the performance briefing.
He said that Founder Securities will work with all parties to maximize the value of shareholders and investors, and promote relevant work in an orderly manner in accordance with the Founder Group's restructuring investment agreement and regulatory requirements. If there is any new development, the company will disclose information in a timely manner in accordance with the regulations and guidelines of the financial regulatory authorities.
The response was interpreted by the market as the merger of Founder Securities and Ping An Securities was about to be finalized. Shenwan Hongyuan Research Institute said in the forecast of the upcoming April market that encouraging high-quality mergers and acquisitions is also a policy direction, and leading companies may take the lead in ushering in exogenous growth opportunities.
Stimulated by the rise in the share price of Founder Securities, the brokerage index also turned from green to red. Western Securities, Huaan Securities, etc. followed suit.
Xiaomi responded to the problem that the deposit could not be refunded
There are many people who are popular. This morning, some netizens broke the news that the Xiaomi car SU7 F code (right of first refusal), which was sold last night, has been traded on the second-hand e-commerce platform Xianyu, with a maximum price of 50,000 yuan.
In addition, some consumers complained on social platforms that the 5,000 yuan car deposit could not be refunded.
According to the Science and Technology Innovation Board Daily, Xiaomi responded: The deposit supports no reason to refund within 7 days, and after 7 days, the vehicle configuration will be automatically locked, and consumers can also take the initiative to lock the configuration in advance. Once the order is locked, the vehicle will enter the production stage, the configuration can no longer be modified, and the deposit will not be refunded. In addition, the configuration of the original version of the existing car has been locked, and consumers will lock the order after paying a deposit of 20,000 yuan.
Editor: Xiao Mo
Review: Xu Wen