The market continues to perform structurally active market conditions. It is recommended to flexibly grasp the rhythm band to participate.

1. Selected financial news

The first batch of Beijing Stock Exchange funds announced the placement ratio results, the lowest was less than 7%

In the morning of November 22, Five Beijing Stock Exchange funds have announced the results of subscription application confirmation ratios. The subscription application confirmation ratio of China Universal Beijing Exchange Beijing Exchange Innovation Select Two-year Fixed Mixed Fund is only 6.988564%, which also means that the fund attracted 6.988564% on the day of its debut. More than 7 billion funds are sought after. The confirmation rate of subscription applications for E Fund's Beijing Stock Exchange Selected Funds is less than 10%, and the subscription funds exceed 5 billion yuan. They are the two funds among the eight Beijing Stock Exchange funds with subscription amounts exceeding 5 billion.

my country's new coronavirus neutralizing antibody drugs have been used in clinical practice

After the outbreak of the new coronavirus pneumonia, our country immediately laid out drug research and development tasks, organized a team of superior experts, and promoted effective treatment based on clinical treatment needs. Technology research and development efforts for drugs and treatments. Xie Xiaoliang's team at Peking University's Frontier Center for Biomedicine has made important progress in neutralizing antibody research using single-cell sequencing technology, and the drugs developed have been used for clinical treatment. Using single-cell sequencing technology, researchers screened the antibody DXP604 with good neutralizing activity against the new coronavirus from the plasma of convalescent patients, which largely prevented the virus from escaping.

The National Development and Reform Commission, the Ministry of Industry and Information Technology and other departments: Resolutely eliminate backward production capacity, backward technology, and backward products in accordance with laws and regulations

The National Development and Reform Commission, the Ministry of Industry and Information Technology and other departments issued the "Energy Efficiency Benchmark Levels and Benchmarks in Key Areas of High Energy-Consumption Industries" Benchmark Level (2021 Edition)" Notice. The notice proposes that projects planned and under construction should be constructed and implemented according to the energy efficiency benchmark level, and the energy efficiency level should be promoted to the full extent, striving to fully reach the benchmark level. For existing projects whose energy efficiency is lower than the benchmark level of the industry, we should reasonably set up a transition period for policy implementation, guide enterprises to carry out energy-saving and carbon-reduction technological transformation in an orderly manner, improve the energy efficiency of production and operation, and resolutely eliminate backward production capacity, backward technology, and backward products in accordance with laws and regulations. Strengthen the promotion and application of green and low-carbon process technology and equipment to promote the formation of a strong domestic market.

Beijing City has launched the construction of special lanes for the Winter Olympics on expressways

According to news from Beijing Transportation on the 22nd, in order to provide traffic support for the Beijing 2022 Winter Olympics and Winter Paralympics work, recently, the construction of special lanes for the Beijing Expressway for the Winter Olympics and Paralympics was officially launched. According to the plan, Beijing will designate special lanes for the Winter Olympics and set up Winter Olympics traffic guidance signs on seven expressways in the city, totaling 205.6 kilometers. It is expected that the construction of special road markings and signs will be completed before the end of November; the replacement and installation of traffic guidance signs will be completed before the end of December.

State Council: Strengthen direct financing support and encourage small and medium-sized enterprises to connect with the capital market through mergers, acquisitions and reorganizations

The Office of the State Council’s Leading Group for Promoting the Development of Small and Medium-sized Enterprises issued an announcement on several measures to enhance the competitiveness of small and medium-sized enterprises. Notice: Strengthen direct financing support. Deepen the reform of the New Third Board, give full play to the role of the Beijing Stock Exchange in serving small and medium-sized enterprises, and create a main position for serving innovative small and medium-sized enterprises. Promote the Shanghai, Shenzhen, Beijing stock exchanges and the New Third Board to provide full-process and full-cycle consulting services to help small and medium-sized enterprises go public and raise funds.

(Investment consultant: Lin Xurui, practicing certificate number S0260615100004)

2. Market hot spots

Market comments: The market continues to interpret structurally active market conditions, and the recommendations are flexible Grasp the rhythm and participate in the band

The major stock indexes continued to rebound on Monday. As of the close: the Shanghai Stock Exchange Index rose 0.61% to close at 3582.08 points; the Shenzhen Stock Exchange Component Index rose 1.41% to close at 14960.66 points; the ChiNext Index had a strong trend. The increase reached 2.54%, regaining the 3,500-point integer mark, and the transaction volume in the two cities reached 1.25 trillion yuan, marking the 22nd consecutive trading day exceeding one trillion yuan. Industry sectors rose more than they fell, with lithium battery and chip stocks rising sharply. Disk observation: Chip semiconductors, lithium batteries, photovoltaics and other sectors were among the top gainers; insurance, tourism, catering and other sectors were among the top losers. The stocks in the sector are structurally active. Under the current background of stable fundamentals and liquidity, the market is expected to show an uptrend, a oscillatory trend, and it is recommended to flexibly grasp the rhythm band to participate. It is recommended to focus on securities companies, chips, lithium batteries, photovoltaics, etc. section for reference. There are risks in the stock market, so investment needs to be cautious.

(Investment consultant Gu Zhixiong registered investment consultant certificate number: S02606611020066)

Macro perspective: LPR has been "on hold" for 19 consecutive months! Monetary policy will still be "stable"

Event: On November 22, the People's Bank of China authorized the National Interbank Funding Center to announce the latest loan market quotation rate (LPR), of which the 1-year The LPR is 3.85%, and the LPR over 5 years is 4.65%. Both the 1-year and 5-year LPR remained unchanged for 19 consecutive months.

Source: Securities Times

Comment: The central bank’s latest third-quarter monetary policy implementation report clarified the main policy ideas for the next stage.

The report pointed out that prudent monetary policy should be flexible, precise, reasonable and appropriate, put ourselves first, keep stability at the forefront, grasp the strength and rhythm of the policy, properly handle the relationship between economic development and risk prevention, make cross-cyclical adjustments, and maintain the overall economic situation. maintain stability and enhance the resilience of economic development. The analysis believes that the overall news is neutral and slightly positive.

(Investment consultant Gu Zhixiong’s registered investment consultant certificate number: S02606611020066)

Automotive industry: head-to-head confrontation between smart electric vehicles, the way to break through between traditional independence and new forces

Event: A head-on battle between traditional independent car companies and new car-making forces: With the continuous enrichment of new pure electric models, the high-end smart electric market with frequent hot-selling models in 2021 will become increasingly fierce in 2022, and with the As high-end smart electric products from traditional car companies are launched one after another, traditional car companies and new forces will face a head-on confrontation.

Source: Tianfeng Securities

Comment: The way for traditional independent car companies and new car-making forces to break through: Analysis believes that pure electric and hybrid two-wheel drive will help traditional Car companies are taking step by step to accelerate the electric transformation. In the future, they can focus on the development of the high-end smart electric market. It is expected that relevant leading companies will be the first to benefit. It is recommended that rational layout and allocation be carried out.

(Investment consultant Gu Zhixiong registered investment consultant certificate number: S02606611020066)

3. New share subscription tips

Jieya shares subscription code 301108, subscription price 57.27 yuan

The subscription code of Joy Zhixing is 301198, the subscription price is 21.76 yuan

4. Recommendation of key stocks

See the full version of "Morning Viewpoint" (monthly customization path: Discovery -Information-Paid information-Early trading perspective; Single article customization path: Discovery-Gold Medal Stock Appraisal-Early trading perspective)