Recently, the automobile 4S store in Hubei Province became popular and was teased by netizens that it was as crazy as the vegetable market.
It is understood that in March, Hubei Province jointly launched government-enterprise car purchase subsidies for a number of car companies, starting with "Dongfeng" brands, including Dongfeng Honda, Dongfeng Nissan, Dongfeng Citroen, Dongfeng Peugeot, Dongfeng Fengshen, and so on, with a large amount of subsidy.
Dongfeng Citroen C6, which was originally officially priced at 211900 yuan, can enjoy a subsidy of 90, 000 yuan for only 121900 yuan, while C3-XR with a guiding price of 113900 yuan can also enjoy a subsidy of 56000 yuan, which can be driven home with only 57900 yuan.
Netizens called to take the high-speed train to Hubei to rob a car.
1
Top stream voice: the inflection point is coming!
At the end of February, Beijing launched a subsidy campaign to extend the replacement of cars and continue to implement the subsidy policy of replacing passenger cars with new energy vehicles.
Prior to this, Tesla, Inc., leading Automobile, XPeng Inc., NIO Inc. Automobile and other automobile manufacturers began to join the price reduction tide through subsidies, concessions, discounts and other ways.
The price war of new energy vehicles has begun, and the industry is experiencing a reshuffle.industry insidersTo representIn the short term, "price for volume" will indeed bring sales growth for automobile brands, but in the long run, "price war" is a double-edged sword, and more and more brands are involved in it, which will bring hidden dangers to their brand image and long-term development.
Since February 2nd, ETF related to new energy has fallen by more than 10%.
(this article is a list of objective data and information and does not constitute any investment recommendations.)
At a recent investor exchange meeting of HSBC Jinxin Fund, Lu Bin said that the inflection point of the new energy industry was coming.
1. Now, many leading white horse companies in the new energy industry have shown more than double the implied return in the next three years, and they already have high investment value, and the negative feedback of funds is expected to come to an end. Investment opportunities are likely to come in the near future.
two。 At present, the investment value of this industry has emerged, and many companies have ten times the valuation level. According to past data experience, although the overall beta advantage of the industry is not as obvious as in the past three years, but I think it is very possible for the valuation to rise to 20 times.
3. The market situation this year is likely to be very divergent, which puts forward higher requirements for fund managers, and will focus on the "three main lines" in 2023:
First of all, the TMT industry represented by computers may become a major thread of the market. At present, many high-quality companies in electronics, communications, media and other industries have low valuations and excellent fundamental performance.
Second, alternative consumer industries related to consumption are expected to usher in a "double-click" of performance and valuation, especially in the post-completion cycle, travel, medicine and so on.
Finally, with the reform of state-owned enterprises and the continuous improvement of the assessment system, the value of state-owned enterprises under the valuation system with Chinese characteristics is expected to usher in a revaluation, and the management may usher in a great improvement.
2
Goddess accounts for half of the public offering fund.
According to the latest data, there are 3355 fund managers in the market, of which 888 are women, accounting for 26.47%. Female fund managers participate in managing assets of 14.58 trillion yuan (including jointly managed funds), involving half of the existing size of public offering funds of 27 trillion. From the perspective of investment preference, due to the differences in research background, interests and other factors, compared with male fund managers, they prefer electronics, computers and other scientific and technological attributes in the investment process. Most female fund managers have a penchant for big spending, with more emphasis on medicine, biology and food and beverage industries.
The fund manager with the largest scale of active equity fund management is Glenn, with a total management scale of 90.65 billion yuan. Glenn is known as the "number one Sister of Medicine" in the circle. In the 2022 four Seasons, Glenn said of his views on 2023: overall, short-term market volatility is inevitable, but in the medium to long term, we continue to be optimistic about the allocation value of the pharmaceutical biological sector.
Glenn has been deeply involved in the pharmaceutical industry, taking its largest Central European Healthcare as an example, increasing its holdings of Pian Tsai Tsai, Heng Rui Pharmaceutical, Wuxi Apptec, Tongrentang and Mindray Medical in the fourth quarter of 2022, and reducing the configuration of Ayre Ophthalmology, Tigermed and Kellein. Earl Ophthalmology is still the largest health care stock in China and Europe, accounting for 10.2% of the fund's net value at the end of the fourth quarter of 2022.
Among the active equity funds, the second largest female fund manager is Zhao Bei of ICBC Credit Suisse, who prefers the pharmaceutical track and is also known by investors as the "medicine goddess". The current management scale is 26.636 billion yuan. In addition, Wells Fargo Fund Wang Yuanyuan, Castrol Fund Tan Li, Xingsheng Global Fund relocation, Tong Lan and others are also outstanding female fund managers who have attracted much attention from the market. By the end of 2022, the total size of their funds under management is 24.758 billion yuan, 24.312 billion yuan, 22.028 billion yuan and 20.532 billion yuan respectively.
When talking about the work of female fund managers, Huidianfu fund manager Guo Beibei said that, in contrast, women are usually more sensitive and delicate and can find details that are not easy for others to notice. For example, many female fund managers have strong investment strength in the fixed income field and consumer goods industry, often because they are more sensitive to small risks and changes in business models. On the other hand, men may have a better grasp of the macro direction, and the advantages of men and women can be combined with each other at work, and can also play a greater role in investment.
3
Public offering layout, new tools are coming.
Following the first batch of 8 Northern 50 Index funds last year, another batch of public offerings began to actively layout the Northern 50 Index Fund products. On March 7, the second batch of four North Securities 50 Index Fund products were approved. The product names are Wanjia North 50 component Index initiating Securities Investment Fund, Boshi North Securities 50 component Index initiating Securities Investment Fund, ICBC Credit Suisse North 50 component Index Securities Investment Fund, Pengyang North 50 component Index Securities Investment Fund.
According to the declaration information of the above products, the products were declared one after another from February 20 to 24, 2023 and were approved on March 7. The North Stock Exchange 50 Index is the first index in the Beijing Stock Exchange. The components of the North Stock Exchange 50 Index are mainly emerging industries, with the top five weighted industries being industry, raw materials, medicine and health, information technology and communications services. Among them, among the component stocks of the index, national specialization and new "Little Giant" enterprises account for 38%.
Judging from the overall performance and valuation of companies listed on the Beijing Stock Exchange, as of last Friday, a total of 175 companies on the Beijing Stock Exchange had announced their results for 2022, KuaiBao. The total revenue of the companies on the Beijing Stock Exchange reached 130.179 billion yuan in 2022, an increase of 21.55 percent over the same period last year, and the total return net profit was 12.341 billion yuan, an increase of 6.14 percent over the same period last year. Science and Technology Innovation Board 508 companies KuaiBao's total revenue was 1.20521 trillion yuan, an increase of 29.2% over the same period last year, and the total return net profit was 115.424 billion yuan, an increase of 8.37% over the same period last year. Compared with Science and Technology Innovation Board, the revenue growth rate and profit growth rate of the company is only slightly lower than that of Science and Technology Innovation Board.
From the valuation point of view, Science and Technology Innovation Board, gem and the Beijing Stock Exchange announced that the 2022PE of KuaiBao is 57.77 times, 38.77 times and 19.45 times respectively, and the PE level of the Beijing Stock Exchange is equivalent to Science and Technology Innovation Board's 70% discount and the gem 50% discount.
Industry insiders believe that the re-declaration of index products by the four fund companies shows that mainstream institutions such as fund companies are full of confidence in the follow-up development of the Beijing Stock Exchange market, which is conducive to further expanding market capital channels and constantly improving market liquidity. For ordinary small and medium-sized investors, they can reduce the investment threshold, spread risks, reduce costs and share the rapid growth dividend of innovative small and medium-sized enterprises through indexed investment.
