Hot spot information

Biden announced that 200 million doses of COVID-19 vaccine had been completed.

Us President Joe Biden said at a news conference on April 21 that the target of 200 million doses of COVID-19 vaccine had been achieved and that specific data and related reports would be released tomorrow. Biden also said that so far more than half of adults in the United States have been vaccinated with at least one dose, while 80% of people over the age of 65 have received at least one dose.

Lubermai NB American small Business Fund (IE00B64QTZ34.HK) $

Lubermai NB American Real Estate Fund (IE00B0T0GQ85.HK) $

Us Treasury Secretary Yellen stresses the need for private capital to deal with climate change

In a speech on Wednesday, Ms Yellen said that according to an estimate, the total cost for the US over the next decade could reach $2.5 trillion to achieve the goal of zero net emissions by 2050 under the 2015 Paris agreement to which the US rejoined. For the financial services industry, providing the necessary capital in the transition to zero net emissions will become extremely important and may require large-scale investment, most of which must be private investment.

Daxing is bearish on US stocks: in a period of serious turbulence

Morgan Stanley, Bank of America Corporation and Deutsche Bank have all joined the growing group of short sellers, warning that the market is in a period of severe turmoil. According to the latest institutional and high net worth customer data released by Bank of America Corporation, the bank's capital flow statement saw the largest outflow in five months, the largest net sale since mid-November and the fifth largest in history.

Analysts warn that inflation could reach as high as 4% next year

Although the Fed is bearish on inflation concerns, the market's worries have never stopped. Independent Strategy, an investment firm, said on Wednesday that inflation is far from peak, and that inflation could reach as high as 4% in mid-2022. Yields on 10-year Treasuries could double.

Report of the World Economic Forum: energy transformation should be integrated into the process of social and economic development of various countries.

The next decade is a key stage for achieving climate goals, and countries should integrate energy transformation into their own socio-economic development and political construction to ensure that there will be no retrogression in the transition process, according to a report released by the World Economic Forum on the 21st. The report shows that the global energy transformation has continued to develop in a positive direction over the past decade. In 2020, despite the impact of the COVID-19 epidemic, countries around the world spent more than $500 billion on energy transformation for the first time.

Franklin Natural Resources Fund (LU0300736062.HK) $

A number of multinational companies plan to raise prices to boost inflation fears

As rising commodity prices push up production costs, Coca-Cola Company, Procter & Gamble Co and other multinational companies have recently collectively announced plans to raise the prices of their products, and consumers may feel some upward pressure on prices in the coming months. As far as China's economy is concerned, the price increase behavior of industry giants may have a certain impact on the price index. Inflation is based on price increases, but price increases do not necessarily lead to inflation. If more multinational companies raise prices in the future, it may have a local impact on the lives of ordinary people.

Global market

Daxing looks at the market

Xiaomo: the epidemic widens the economic growth gap between emerging markets and the United States

Xiaomo said the US had successfully promoted its vaccination programme, while "worrying trends" in cases and vaccinations in emerging markets had widened the economic growth gap between the two sides to "unprecedented" levels this quarter. The agency expects quarter-on-quarter GDP growth of 9.5 per cent in the US in the second quarter of 2021, 2.9 per cent in emerging markets and-0.3 per cent excluding China.

$Junli Henderson balanced Fund (IE0004445015.HK) $

$Junli Henderson balanced Fund (IE00B4JS1V06.HK) $

Guosheng Securities: the market volatility pattern may continue, and we should look for opportunities in the low or pullback adjusted sectors and stocks.

Guosheng Securities pointed out that the recent market as a whole is in the interval consolidation stage, with the main range of market adjustment between 3400 points and 3500 points, while the recent market has gained obvious support after exploring the 3400-point integer mark many times, indicating that there is a certain receiving order below 3400 points in the underpinning market. The market also shows an upward trend of center of gravity under the support of bottom funds, indicating that the weak pattern of the market is changing, and the market is changing from weak to strong.

Operationally, despite the recent hot spots, the speed of plate rotation is faster and the persistence is weak, so to carefully participate in the opportunity to pursue the rise in this round, we should look for opportunities in the low or fall-adjusted plates and stocks to sell low and sell high.

$Castrol China income Fund MDis (HK0000306560.HK) $

$Castrol China income Fund MDis (HK0000161403.HK) $

Viewpoint of institutional allocation

Yi Fangda: selected configuration of manufacturing industry with outstanding competitiveness and innovative ability

During the new fund building period, manufacturing enterprises with outstanding competitiveness and innovative capabilities will be selected for major allocation, focusing on investment opportunities in the following areas: first, industries and companies that represent the direction of China's high-end manufacturing and have strong competitiveness, such as new energy, home appliances, communications, consumer electronics, semiconductors, etc.; second, traditional industries with international competitive advantages and innovative capabilities, such as chemical industry, building materials, etc. Third, the software companies that provide support for the transformation of China's manufacturing industry.

Hui Tianfu: there is a high probability that the consumer industry will get a steady return in the future.

After the Spring Festival, the overall A-share and consumer plate callback is relatively large. Hui Tianfu said that the previous concern may be that the valuation of the consumer sector is slightly higher, but now many companies have also returned to a fair and reasonable level. Horizontally, the valuation level of many leading Chinese consumer goods companies is already lower than that of their European and American counterparts, not to mention that the growth rate of the Chinese market is even faster, so it is considered that this adjustment is a good time for layout, and over time, there is a high probability of getting a steady return in the future.

The overall consumer market still has a lot of room for growth and growth. First, there is a wide space for consumption in the Chinese market. Second, the concentration of many consumer industries is not high, and many industry leaders still have opportunities to expand market share during the period of industry integration or industry concentration. Third, the leading company has a relatively strong track, category expansion ability, which can bring the third pole growth point.

$Invesco Global consumption trend Fund (LU1887442140.HK) $

$Invesco Global consumption trend Fund (LU0052864419.HK) $