·Today's Guide·
Railway freight volume in February rose 19.4% year on year to a record high
The automobile industry continues to boom, focusing on the "stars" in the subdivided fields
Potential opportunities for IC industry upgrading to maintain rapid growth
Apple's 1000 person R&D team is developing multiple AR products
Short term negative selling out of international gold price or restart the bull model
·Hot Spots·
Railway freight volume in February rose 19.4% year on year to a record high
According to the data released by the National Bureau of Statistics on the 21st, the national railway freight volume increased 14.5% year on year from January to February. Among them, the railway freight volume in February increased by 19.4% year on year, a record high, much higher than 10.4% in January, and growing for the seventh consecutive month. In addition, according to the statistics bureau, in January and February this year, the total power consumption of the whole country was 935.6 billion kilowatt hours, up 6.3% year on year. In February, the power consumption of the whole society was 448.8 billion kWh, up 17.2% year on year. Railway freight volume and power consumption are important indicators reflecting the prosperity of macroeconomic operation.
Recently, a number of indicators reflecting macroeconomic conditions have continued to show a positive trend. According to the statistics of China Mechanical Engineering Association, the sales volume of excavators in China increased by nearly 300% in February, following the increase of more than 50% in January this year. At the same time, the sales of bulldozers, loaders and truck cranes also increased significantly in January 2017. construction machinery Hot sales reflect the recovery of infrastructure investment. According to the previous data released by the Bureau of Statistics, since this year, manufacturing investment, infrastructure investment, real estate Investment growth has picked up in an all-round way, and the trend of steady economic recovery has been established.
It is expected that in the future, with the successive implementation of infrastructure investment projects in various regions and the booming manufacturing industry, the railway freight volume is expected to continue to remain strong. We can focus on listed companies in the industry, such as Western Venture (000557), Guangzhou Shenzhen Railway (601333), etc.
·Industrial observation·
The automobile industry continues to boom, focusing on the "stars" in the subdivided fields
Since last year, the automobile industry has continued to boom. According to the data of China Automobile Association, in the fourth quarter of 2016, the prosperity index of the automobile industry ACI was 42, which was in the green light zone and the automobile industry was in normal operation. The leading composite index of the automobile industry was the same as that in the third quarter of 2016. It is expected that the overall prosperity of the automotive industry will remain good in 2017.
The prosperity of the automobile industry is affected by many factors. For traditional automobiles, there is still corresponding market demand support due to the purchase of new cars and the replacement of old cars; New energy vehicles On the one hand, the industry is recovering after the fraud and compensation verification storm. It is expected that after March, with the gradual implementation of the provincial and municipal land subsidy policies, the overall sales of the industry will reach a new level; Smart car On the other hand, the business performance of smart car listed companies in 2016 shows that the overall performance of the industry in 2016 is excellent, which is driving the industry's prosperity to rise.
Under the industrial boom, it is suggested to focus on the "stars" in the leading industries and subdivisions: SAIC Motor (600104), Chang'an Automobile (000625), JAC Motor (600418), Jingwei Shares (002662), etc.
IC industry maintains rapid growth
2017 China Semiconductor The annual market meeting and the 6th IC Industry Innovation Conference will be held from March 23 to 24. This annual meeting is held by the Ministry of Industry and Information Technology With the theme of "wisdom leads the future, cooperative innovation and development", the company, China Semiconductor Industry Association and other organizations are widely invited to analyze and discuss industry hot spots and focus issues.
In 2016, the domestic integrated circuit industry structure continued to optimize and the market grew steadily Long, the industrial scale reached 433.5 billion yuan, with a year-on-year growth rate of 20%, of which the design industry exceeded the seal test and became the primary industry link. In 2017, integrated circuits were once again included in the government work report, which once again reflected the government's commitment to the development of integrated circuit industry We attach great importance to. Under the background of fully implementing the Outline of National Integrated Circuit Industry Development Promotion, the semiconductor industry has also become the top priority of the national 13th Five Year Plan.
In recent years, the growth rate of the domestic semiconductor industry is far higher than that of the world. From 2002 to 2015, the composite growth rate of the scale of the mainland's integrated circuit industry was 22.1%, compared with 6.5% in the same period of the world. Huge import substitution market, national information security The upgrading of the domestic industry is the main logic of the development of the domestic semiconductor industry, and also an important reason for the country to upgrade the semiconductor industry to the national strategy. It is estimated that hundreds of billions of yuan will be invested in the semiconductor industry in the next 10 years During the development period, it is expected to maintain a high-speed growth of 20% in the future. The semiconductor industry chain mainly includes chips Design, chip manufacturing, packaging and testing are the three main links. We suggest focusing on the advantageous companies in the industrial chain, such as Quanzhi Technology (300458), Shanghai Xinyang (300236), and North Huachuang (002371).
·Industry trends·
A thousand member team of Apple team developed AR augmented reality technology
According to foreign media reports, Cook's team has internally identified AR as the next generation of technology products that people can indulge in like using iPhones today. Apple's mission is to make AR products as popular as iPhones in the future. According to insiders, Apple is developing a number of AR related products, including several digital glasses that can wirelessly connect to the iPhone. After users wear glasses, they can present movies , maps and other content. After taking off the glasses, these AR functions can be displayed on the iPhone immediately.
The so-called augmented reality technology is to superimpose elements in the virtual world such as images, videos and games in the real scene. At present, augmented reality technology has started. According to research institute Global According to Market Insights, the market size of AR products will reach 165 billion dollars by 2024, and will grow at a high speed of 80%, higher than VR The revenue scale of the market is 30 billion dollars. Apple's participation in this camp is expected to stimulate the industry to break out ahead of schedule. The listed companies involved in AR augmented reality industry chain mainly include: Su Da Weige (300331) successfully developed the "nano waveguide optical field lens" for augmented reality (AR); Hypergraph software of locator (300036); Digital video of somatosensory technology (300079), etc.
Zhejiang Aviation Industry "13th Five Year Plan" Development Plan Releases Zhoushan Aviation Industry's Top Priority
According to the news conference of the "13th Five Year Plan for the Development of Aviation Industry in Zhejiang Province" held by the Information Office of the Zhejiang Provincial Government, Zhejiang aviation industry has had a clear idea of development. With the construction of the entire aviation industry chain as the starting point, the market cultivation as the focus, the "12105" strategy has been implemented.
The goal of Zhejiang aviation industry is to produce 100 large aircrafts, 500 general aircrafts and large and medium-sized UAVs annually by 2020 With the capacity of more than 1000 aircrafts, the output value of aviation manufacturing industry reaches 100 billion yuan, and the aviation industry is open to navigation The revenue of operation service industry exceeded 10 billion yuan. By 2025, the output value of aviation manufacturing industry will reach 300 billion yuan, and the revenue of general aviation operation service industry will exceed 50 billion yuan.
Among them, the "12105" strategy, the first "1" is to build a Zhoushan aviation industrial park with large aircraft as the core. Relying on the Boeing 737 aircraft completion and delivery center project to settle down in Zhoushan, plan, introduce and implement a batch of high-end manufacturing in the aviation industry The project aims to build Zhoushan into a national leading aviation high-end R&D and manufacturing base by integrating resources and consolidating the foundation. Relevant Zhoushan Boeing concept stocks include: Zhoushan local listed company Golden Eagle (600232); The acquisition of Italian MCM by Nissa Seiki (002520) and its entry into Boeing suppliers will benefit.
·Information tracking·
Short term bad luck is exhausted, and the bullion mode is restarted
Recently, gold has reopened its bullish mode. Since March 15, the main COMEX gold contract has risen for six consecutive times, with a cumulative increase of more than 4%, approaching the US $1250/ounce threshold, and also approaching the stage high of US $1264.9/ounce on February 27.
Fundamentally, first of all, the market feared that the US economy would warm up and force the Federal Reserve to take more radical measures. But now, the short-term negative interest of the Federal Reserve to raise interest rates has been exhausted, and the Federal Reserve officials are cautious, which makes gold regain its upward momentum. Secondly, the recent weak trend of the dollar index, which has fallen below 100 points, has also supported the gold price. Thirdly, factors such as the weakness of the US stock market and the French election increased the risk aversion in the market, so gold was favored. From the ETF situation, the SPDR gold holdings increased by 4.15 tons on March 21.
On the whole, after all the bad news, gold is expected to continue its upward trend in the short term, focusing on concept stocks, including Shandong Gold (600547), Chifeng Gold (600988), Western Gold (601069), etc.
