Internet cars are recognized by the Organization, or will become a trend of development

In the bank shares led by the Shanghai Composite Index [1.04%] successfully stood on 3,300 points. As the first major weight plate, the bank-led financial stock trend, will determine the direction of the market, in the liquidity of the capital to relax expectations, several major sellers bullish on the bank stock trend.

With the foreign funds constantly entering the market, investment opportunities are increasing, not only the banks and other blue chips, "Internet +x" continue to be recognized by institutions, such as Internet vehicles.

Big/city/Wind/To

Monetary policy needs to be relaxed

The January-February economic data, which has just been released, has sparked concern from several institutions. A number of institutions think that economic data is lower than expected, "the economic stability is falsified, the policy may become true." ”

"Given the cash-strapped, tight monetary and credit environment, the cautious attitude of the central bank and the cautious expectations of the entrepreneurs and the downturn in the land market, future funding is very bleak," Citic said. The example is that investment in place has risen 6.7% year-on-year, down markedly from 10.6% last January-December. ”

"It is expected that the two quarter will be the lowest growth rate of the year," Citic said. If there is no policy escort, relying solely on the economy's own power, it may be difficult to achieve the 7% growth target. Policy easing is very urgent. Considering that the CPI is kept at 1.5% Low, the PPI is hard to be positive, the real interest rate is restricting enterprise investment and residents ' consumption, and the nominal interest rate has the necessary and space to reduce. Monetary policy needs to be relaxed. ”

Focus on: Monetary policy

Line/industry/hot/point

Internet cars will become a trend

During the "two sessions", the Government's work report first proposed the "Internet +x" action plan. Citic Securities [1.6% Capital Research newspaper] said that the internet car is expected to become the future trend of the industry, will also be the future of the investment theme, such as March 12 Ali announced with SAIC [0.36% funds] jointly set up an Internet car fund, the first internet car listed in 2016.

The Internet will transform all aspects of the auto industry chain, including manufacturing, product, post market, car, etc.

Citic Securities estimates that the internet car will become the next mobile phone, computer, television, after mobile internet access, which unmanned will be the key point. The use of the Internet in the vehicle link greatly improves the efficiency of resource utilization, in which the map service is the key.

Citic Securities recommended targets include: SAIC Group, China Automotive [0% Funds research Report], four-dimensional map of the new [3.06% Funds research Report]; Suggestions: Dongfeng Science and Technology [0.59% Funds Research Report], Beijing-Granville shares [-0.48% funds Research Report], the National machine Car [1.94% Funds research Report], huge group [- 0.26% funds Research Report], the United States Luo Pharmaceutical [1.08% Funds research Report] and so on.

Focus on: Internet car recognition

Phosphate fertilizer prices are expected to rise in the short term

In the past 3 years, the phosphate fertilizer industry continued to lose money, the enterprise operating rate at a relatively low level, as the export market improved last year, the second half of 2014, the price of phosphate rose steadily.

The analysis of Qilu securities points out that the export market is the key to determine the price trend of domestic phosphate products in the 2015, under the background of domestic consumption stability and oversupply.

Qilu Securities believe that China's phosphate fertilizer exports in 2015 is expected to be high. In the short term, spring plowing with the arrival of fertilizer peak, supply pressure, strong driving force. 2014 export demand for a large increase in the consumption of part of the inventory, the current domestic production enterprises inventory is lower, the enterprise operating rate is higher; After the Spring Festival, India, Southeast Asia and other export markets to start, the superposition of domestic spring sowing fertilizer peak, traders replenishment demand, short-term supply pressure, is expected to promote price At the same time, railway freight adjustment, so that every ton of fertilizer thousand kilometers of price rose 25.2 yuan, the price of supporting role.

On the subject of investment, Qilu Securities advised to pay attention to the cloud [-1.49% Funds Research Report], New, Xing FA Group [0.45% Funds research], six countries chemical [1.29% Funds Research Report], Sirte [0% Funds Research Report], Hubei Yi [1.2% Funds research Report].

Key concern: phosphate price

Focus on the mobile phone shell capacity Company

Citic Securities Outlook 2016, Samsung is expected to metallization rate of more than 50%, only one of the demand will provide metal appearance of the industry 20 billion ~250 billion market space.

Market space, the expected 2016 domestic intelligent machine global sales 600 million ~ 700 million, metal border penetration rate of 20%, unit 100~150 yuan, the market size can reach 12 billion ~200 billion, plus Samsung 20 billion ~250 billion and other overseas brands 100 million ~ 200 million intelligent machine corresponding to 4 billion ~ 8 billion yuan demand, the overall market size is expected to surge to 40 billion ~500 billion.

Citic Securities believes that the appearance of metal parts requires manufacturers not only have a strong research and development capabilities and financing capabilities, but also requires efficient vertical integration. High barriers will allow the Android camp to remain tight for the next two years; the metal penetration rate of domestic mobile phones is expected to exceed expectations, the supply companies are still not aggressive enough to expand production, so the overall forecast tight; The new entrants will need 1-2 years to ramp up to provide an effective supply, and as the handset becomes thinner Metal border to the full metal chassis upgrades will further increase the capacity consumption.

Investment, Citic Securities that the strength of precision, long surplus precision [0% Funds research Report] to grasp the scarce resources, and because of the precision as Samsung core suppliers, will be expected to benefit greatly from the rapid increase in the metal rate of Samsung.