Stock market: Nanhui merged with Pudong to benefit

Our correspondent Yao Sun a few days ago, the State Council agreed to revoke the Shanghai Nanhui and merge its administrative area into Pudong new district of Shanghai city.　　In view of this, Haitong Securities believes that this is to speed up the promotion of Shanghai "two centers" that is, the financial center and Shipping Center construction of one of the important steps for the future Shanghai, and even the Yangtze River Delta Economic Circle, especially for the development of Pudong New area will have an important positive and far-reaching impact.　　Haitong Securities that the major policy is expected to give 4 types of stocks to bring significant stage potential investment opportunities. The first category is registered in the original Nanhui related listed companies, mainly including days Chen shares, road shares, the United States and other apparel three companies.　　These 3 companies in the original Nanhui property, land and other real estate, will be expected to benefit significantly from the expected asset appreciation.　　The second category is in the original Nanhui already have a large number of land reserves such as real estate resources of listed companies, such as Chinese enterprises and Bo shares, is expected to benefit significantly from asset appreciation expectations. The third category is the Pudong new area under the jurisdiction of the four national development zones, including Lujiazui, Zhangjiangko, Pudong Jinqiao and Waigaoqiao.　　The 4 companies are expected to have more land-reserve resources and will benefit significantly from them. The fourth category is engineering construction companies, such as tunnel shares and Shanghai construction.　　These companies are expected to benefit directly from the expected increase in business growth due to the possible redesign of infrastructure such as the combined transport roads of the two districts. From the medium-term perspective, Haitong Securities continued to recommend the pan-Pudong sector is expected to benefit from the Nanhui into the Pudong new area of the favorable event.　　The annual "Lujiazui Forum", sponsored by the Shanghai Municipal government and the "one party, three meetings", will be held in Shanghai from May 15 to 16th, which may be a catalyst to stimulate the pan-Pudong stock market to become active again.　　Table: The listed companies that are expected to benefit directly from Nanhui's incorporation into Pudong new Area Classified stock code stock abbreviation registered in Nanhui 600,620 days Chen shares 600818 Middle Road shares 002269 US state apparel in Nanhui owned land assets 600675 Chinese Enterprises 600708 Bo shares are expected to obtain more land reserve Resources 600639 Pudong Jinqiao 600648 waigaoqiao 600663 Lujiazui 60089 5 Zhangjiangko is expected to benefit from infrastructure redesign 600170 Shanghai construction 600820 Tunnel shares and shipping Center building directly related 600009 Shanghai Airport 600018 Shang Hong Kong Group data Source: Haitong Securities Institute of Industry evaluation Zhejiang Merchants Securities thermal Power industry into the normal track from the 2009 Quarterly view, The power industry, especially the coal-fired industry, began to enter the normal business track, the thermal energy margin has been close to or over the same period. As profitability recovers quickly, the power industry is expected to become a more established industry in 2009, giving the industry a recommended rating.　　Can focus on the thermal power of Huaneng International, national electricity and electricity, Huadian International, Shen Shares, investment energy and so on. Galaxy Securities major passenger car sales increased April mainstream passenger car sales again exceed market expectations, so that the use ofCar sales are expected to increase throughout the year. The future demand for passenger cars will be mainly from the two or three-line area of the release of automotive consumption, cars and micro-passenger will be the main driving force to boost the growth of passenger car industry. Maintain a cautious recommendation rating for the auto industry.　　FAW car, Jianghuai automobile, bus shares, Fu Yiu Glass is a better configuration of varieties. CITIC Securities steel prices will continue to rise due to the entry of the steel consumption season, the steel industry growth over expectations, low-cost imports of iron ore and coal impact weakened and other factors, steel prices are expected to continue to rise. Steel prices are expected to hit the highs of early February, after the iron ore negotiations are over. Steel stock valuations are at the bottom of history.　　Focus on the investment in Wisco's shares, railways and nuclear power investments, the new cast pipe of municipal construction, and Army Day steel with regional advantages. Guotai Real Estate stock valuation is reasonable to maintain the two or three quarter of the real estate industry overcast to cloudy, expect cloudy to clear the view. June-August turnover is expected to have a certain decline, the overall stability of housing prices. The mainstream real estate stock valuation is in the reasonable high area.　　Recommendations focus on the performance of the past two years good locking, or flexible, large shareholder assets into the expected clear stock, continue to recommend Zhejiang Guangsha, the establishment of shares, Bao ' An, the new lake, Zhangjiangko, Hong Kong Holdings and Oct. CICC is bullish on low-priced small and medium sized banks although long-term structural problems make it difficult for the economy to enter a long-term sustained growth track, macroeconomic stability has led to signs of improvement in banking fundamentals, with net spreads expected to advance to the end of the year, and asset quality will be better than market expectations. Small and medium-sized banks are more sensitive to changes in earnings drivers and more likely to profit beyond expectations.　　Optimistic about the low valuation of Minsheng Bank, Societe Generale Bank, Nanjing Bank, Bank of Communications and Huaxia Bank. Wanguo Aviation industry Maori space higher future aviation demand will not be a sharp decline, the largest proportion of the cost of oil may be in the longer period of 50~60 dollar/barrel lower level, so the airline's Maori space will be at a higher level, and in the two or three quarter of the season gradually enlarged. In addition, low fares will have a substantial rise in the future. Maintain a favorable rating for the airline industry.　　Stock recommendation order: Air China, Southern Airlines, Shanghai Airlines, Oriental Airlines, Hainan Airlines.　　Brokerage's latest A-share rating Code name Organization name latest rating last rating target price (yuan) Research Date 20,000 branch investment securities strongly recommend 14.520090506000031 China Grain Real Estate founder Securities Holdings--20090504000402 Jinrongjie Securities recommended-20090505000419-Program chief Jiang Securities recommended--20090505000527 the first venture to buy a prudent buy-20090503000568 Luzhou Old Cellar Securities strongly recommended-20090505000709 Tang steel stock Capital recommended cautious recommendation-20090505000729 yanjing beer Great Wall SecuritiesRecommendation-20090504000748 Great Wall Information investment securities strongly recommended-11.7020090505000758 medium-color shares first venture buy-20090505000983 Xishan coal power Investment securities strongly recommend 35.0020090504000999 39 Pharmaceutical founder Securities Increased holdings of--20090504002042 Huafu color spinning CITIC Investment increased holdings of 15.4020090504002066 Rui Tai Technology Countries securities neutral-8.2520090505002076 Snow Wright founder Securities neutral--20090504002083 Vosges Securities recommended 12.00~ 15.0020090505002109 Xinghua stake in the securities strongly recommended 14.7520090505002139 Tuo bang Electronic Guotai cautious overweight-22.0020090505002165 red Polaroid Securities recommended--20090504002202 Goldwind Technology National Securities Prudential Recommended--20090505002218 the first venture to buy a prudent buy-20,090,505,002,238 days Granville Video investment securities strongly recommended strongly recommended 12.70~15.7020090504002242 Nine Yang shares first venture buy cautious buy-20090503002250 technology National Securities strongly recommend strong recommendation-20090505002264 Xinhua all industrial Securities recommended--20090503600000 PU FA Bank guotai overweight overweight 30.0020090505600048 poly Real estate Investment securities strongly recommend 25.9020090505600050 China Union Citic securities buy Buy 8.5020090505600097 to create the international Great Wall Securities recommended-17.7320090505600104 Shanghai Automotive CICC Prudent recommendation-20090507600138 Cyts joint securities buy--20090507600202 air conditioning joint securities increase Holding neutral 25.4620090504600206 have research silicon stock founder securities buy-20090504600237 copper peak electronic Country yuan Securities cautious recommendation--20090504600354 Dunhuang seed industry securities buy neutral 16.4020090504600438 pass Granville Stock securities neutral cautious push Recommendation-20090504600489 Gold Golden Changjiang Securities recommended-20,090,505,600,582 days of science and technology Xingye Securities strongly recommended-20090504600585 conch-Cement Changjiang Securities recommended-20090504600592 Dragon Creek Stock Industrial Securities Neutral recommendation-2009050 4600600 Qingdao Beer everbright Securities buy 30.002009050560.0631 million shares Guotai cautious to increase holdings of 14.2020090504600675 China Enterprise Gold Securities to buy--20090502600741 bus shares CICC prudent recommendation-20090507600748 on the real development of gold securities buy--2009050260076 5 power source hydraulic Haitong Securities Holdings--20090505600808-northeast Securities recommended-200,905,046,008,693 General Pharmaceutical Co., Ping an securities recommended--20090505600887* St Yili Galaxy Securities recommendation-20090504601166 Societe Generale Everbright Securities increased neutral 29.0020090505601169 Beijing Bank Guotai cautious overweight neutral 15.5020090505601186 China Iron Construction Investment securities strongly recommend 13.50200905046　　01390 China Railway Securities recommended 7.2520090504601601 China Sea-pass securities buy more than 23.4120090504601998 Citic Bank Guotai cautious overweight neutral 6.3020090505 data sources: Wind information investment strategy China Gold securities optimistic expectations of the leading earnings growth in the absence of the real economy is expected to make a significant increase in the situation, still maintain the Shanghai Composite index of 2,700 points is the rational valuation interval limit judgment. Through the analysis of the quarterly operation of each industry, found that some industries in different areas have a certain advantage: stable growth in earnings, such as consumer goods industry, mainly food and beverage, textile and apparel, retail and so on; substantial cost improvement, such as electricity, chemical industry, strong demand expansion, such as construction;　　Food and beverage and financial insurance; relative valuation advantages such as finance, coal. Days of congenial performance has weathered the worst period of the listed company's performance has weathered the worst period, the first quarter has been a welcome sign of the chain, but to support the performance growth of the macroeconomic environment is still very uncertain, so the current investment in the stock market is still prudent. Stock market experienced a continuous rise, there are structural adjustment pressure, the profit distribution pattern will guide the adjustment of the stock price structure. On the one hand can pay attention to the normal profit by the price distortion of the industry, such as petrochemical, electricity, on the other hand should focus on demand-supported continuous growth of the industry, such as hotel tourism, medicine, food, commerce, communications and so on.　　In the May industry configuration, the proposed dual standards of defense and growth to select a unit, can focus on the year-on-year growth and chain improvement of the industry, including petrochemical, commercial, highway, coal, medicine, food and other industries. Yangtze River Securities Select downstream innovation growth Industry May the deduction of the stock market finally decided to the stock demand release promoted by the real estate, car sales. In this context, the selection of downstream manufacturing industry in the innovation and growth is particularly important: around the main line of real estate, automobilesExtension, with the new start related to steel, construction machinery, there is a phased investment opportunities; After the replenishment of inventory, the manufacturing industry as a whole by the high price of raw materials inventory caused by the loss situation gradually improved, but the expected instability of economic recovery to improve the productivity of enterprises,　　The advent of capacity means that the investment opportunities driven by the rebound in prices are at the end of demand recovery, so it is recommended to focus on the computer, communications and food and beverage industries. For more wonderful financial articles, please login to the first financial network (www.Amoney.com.cn) statement: This copyright for the first exclusive financial management, if necessary reprint, please contact us. 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