High temperatures have hit many places around the world, and since mid-June, Spain, Portugal, France, Switzerland, Germany and other European countries have been hit by the heat wave ahead of time.In recent days, the high temperature in the south of China can also be called the "labor model" of the weather circle. it is not only crazy hot during the day, but also ferocious heat wave at night, so it can be said that cooking all day and night is very hot.

With the continuous hot weather and scorching sun, which industries in the Hong Kong stock market can become restless?

First, the high temperature strikes ahead of time, and the load on many places reaches a new high.

As enterprises speed up the resumption of work and production, coupled with the impact of continuous high temperature weather, pull the rapid recovery of electricity consumption and enter the peak period of seasonal electricity and coal consumption.

The recent performance of power stocks is bright.According to the Futuo Niuniu $Electric Power (BK1051.HK) $sector, in the past 10 trading days, $Huadian International Power (01071.HK) $has risen nearly 16%, and Datang Power (00991.HK) $has risen by more than 11%. China Resources Power Holdings (00836.HK) $and $Huaneng International Power (00902.HK) $have risen by more than 7%.

CITIC said

The overall electricity demand is expected to improve marginally in the second half of the year, and the annual electricity consumption growth rate is expected to be 3.5%.Coal prices are still high and thermal power plants are constrained by hourly squeeze to further repair profits, and it is expected that the break-even probability for the whole year will be higher; the annual water supply is expected to be abundant and the market electricity prices of major provinces of hydropower have established an upward trend, which will increase the catalysis of hydropower production, which can help the sector's performance elasticity is expected; new energy operators are still in the performance elasticity release and ROE expansion cycle, and the base-based development model is enhancing the leading competitive advantage.

Recommend$State Investment Power (600886.SH) $、$Chuantou Energy (600674.SH) $、$Huaneng Hydropower (600025.SH) $、$three Gorges Energy (600905.SH) $、$China Longyuan Power Group Corporation (00916.HK) $/$China Longyuan Power Group Corporation (001289.SZ) $、$China Resources Power Holdings (00836.HK) $、$Huaneng International (600011.SH) $/Huaneng International Power Co., Ltd. (00902.HK) $、China Electric Power (02380.HK) $）等。

Changjiang Securities believes that

The call of the "carbon neutralization" era and the power market reform will run through the whole "14th five-year Plan" period, and it is considered that the intrinsic value of power operators will be comprehensively reevaluated. In this contextThe reform and improvement of electricity price formation mechanism is expected to catalyze the marginal improvement of thermal power management.Recommend to pay attention to high-quality transformed thermal powerHuaneng International Power Co., Ltd. (00902.HK) $、China Electric Power (02380.HK) $、$Funeng shares (600483.SH) $和$Guangdong Electric Power A (000539.SZ) $；

The installation of new energy is growing rapidly, and the value of green power is becoming increasingly prominent.Recommend$three Gorges Energy (600905.SH) $、$China Longyuan Power Group Corporation (00916.HK) $和China Nuclear Power (601985.SH) $The hydropower sector recommends the industry leader with clear room for growth, the Yangtze River electricity and the improvement of supply and demand.$Huaneng Hydropower (600025.SH) $It is suggested to pay attention to the elastic target of incoming water.$Qianyuan Power (002039.SZ) $The power grid plate recommends that the three Gorges Group is expected to develop a pioneer in the distribution of electricity with integrated energy services.$three Gorges Water Conservancy (600116.SH) $。

Second, the sudden rise in temperature superimposed a sharp drop in the cost of raw materials, and the air-conditioning scene is expected to pick up.

With the sharp rise in temperature, the air conditioning market is also heating up rapidly, and the sales volume of each terminal shows obvious signs of growth.

Oweyun data show that in the week from June 27 to July 3, online and offline air conditioning sales increased by 82.38% and 9.12% respectively compared with the same period last year.In addition, the current prices of commodities such as copper, aluminum and steel have all recovered significantly from the beginning of the year. According to the stock preparation cycle of home appliance companies, the recent relatively low-cost raw material purchases will be reported to listed companies in Q3-Q4.

Bohai Securities believes that the valuation of the home appliance plate has been located at the bottom of the historical valuation, and the advantage of the bottom position allocation of low valuation is highlighted. With the easing of the epidemic, the marginal improvement of upstream raw material prices and terminal salesIn particular, the weather and temperature have gradually risen, which is the peak season for traditional white electricity sales, which is expected to help the industry accelerate out of the emotional bottom and usher in the valuation repair market.

Most household appliance stocks in Hong Kong rose slightly today.$Haier Smart Home (06690.HK) $、$VESYNC (02148.HK) $Increase by more than 1%$JS Global Lifestyle Company Limited (01691.HK) $、$TCL Electronics (01070.HK) $Up nearly 1%$Hisense Home Appliances (00921.HK) $Go down.

Third, power shortage + rising electricity prices, distributed photovoltaic demand may continue to exceed expectations

Guojin Securities pointed out that with the peak of summer power consumption in the Northern Hemisphere in July and August, the contradiction between power supply and demand will become more prominent, while the secession of Europe has led to a shortage of natural gas and nuclear fuel supply, and power shortage plus rising electricity prices are expected to stimulate global distributed photovoltaic demand to continue to exceed expectations.

Soochow Securities expects the proportion of distributed photovoltaic in Europe to increase to 70-80% in 2022, corresponding to more than 35GW installed in 2022, doubling the growth rate.

CITIC saidThe transformation of clean energy has been accelerated around the world, and the photovoltaic market continues to grow at a high rate, especially in Europe and the domestic distributed market.Under the background of the high prosperity of the industry, it is suggested that in the second half of the year, we should continue to focus on market segmentation, focus on grasping the main opportunities such as supply and demand, pattern and technology upgrading, and recommend high-quality companies in battery equipment, wafers, silicon materials, inverters and other links.

As of press time, Futu Niuniu $Photovoltaic Solar (BK1233.HK) $sector, $Camdank Solar (00712.HK) $up nearly 7% 00712.HK $Rainbow New Energy (00438.HK) $up more than 3% Magi $Xinyi Solar (00968.HK) $, $New Special Energy (01799.HK) $up more than 2%.

Dear cattle friends.

What investment opportunities do you think continuous high temperature can bring?

Welcome to leave your wonderful insights in the comments area.