at 15:00 Beijing time on September 19, the Shanghai stock index closed down 0.97 points, or 0.03 , to 3124.96 points, with a turnover of 274.063 billion yuan. Shenzhen Composite Index closed down 74.31 points, or 0.73 , to 10125.73 points, with a turnover of 360.902 billion yuan. GEM refers to closing down 17.81 points, the decline was 0.88 , closing at 2002.66 points, with a turnover of 159.619 billion yuan; the Shanghai and Shenzhen 300 closed down 7.21 points, or 0.19, to close at 3720.5 points, with a turnover of 135.217 billion yuan.

A- share review:

the market all day shock differentiation, Shanghai index narrow shock relatively strong, Shenzhen index, GEM index shock adjustment. Stocks fell more or less, the two cities more than 3800 stocks fell . The turnover of Shanghai and Shenzhen stock markets today was 635 billion , a 63.5 billion decrease from the previous trading day. the turnover of hit a new low in the year . the previous lowest turnover was the 635.8 billion set on January 18. Northbound funds sold a net 2.423 billion yuan all day , of which Shanghai Stock Exchange sold a net 0.507 billion yuan and Shenzhen Stock Exchange sold a net 1.916 billion yuan.

cyclical blue-chip sectors were active, with road and rail stocks leading the way, Longjiang Transportation , Jilin Expressway up and down . According to statistics from the National Railway Group, from September 13 to 18, more than 0.1 billion train tickets were sold across the country. With the coming of the Mid Autumn Festival and the 11th "double festival", the transportation sectors such as aviation, express delivery, railway and highway will usher in a seasonal outbreak period, which is expected to bring both volume and price.

star flash concept stock changes in the afternoon, ronglian technology trading limit, chuangyao technology up more than 5%. On the news front, according to the official microblog of Huawei's terminal today, Huawei will release Huawei's MatePad Pro 13.2-inch flagship new product at the Huawei autumn full-scene new product launch conference on September 25. The model will first support Star Flash technology, and the connection with the new generation of Huawei M-Pencil will be faster and more stable, and the painting experience will be smoother.

lithography concept stock collective adjustment, Jinghua laser , Oriental Jiasheng down . Previously lithography concept stocks rose sharply, according to media reports, recently, a news in the major video platforms widely spread, said Tsinghua University EUV project to ASML lithography machine huge, to achieve the lithography machine localization, and said that the project has been landed in Xiong'an New Area. In response, China Electronics Engineering Design Institute Co., Ltd. issued a voice on September 18, saying that the project was not a domestic lithography machine factory transmitted online, but a Beijing high-energy synchrotron radiation light source project (HEPS). HEPS is a large scientific device for scientific experiments, not a lithography machine factory.

NO. On September 19, the head of the relevant department of the CSRC answered a reporter's question on matters related to strategic investor lending securities on the first day of listing of Jindi shares . The CSRC said that had paid attention to the relevant situation and conducted verification . after the participation of senior executives and core employees in strategic distribution, on the first day of listing, the asset management plan lent shares to securities financial companies through refinancing business, the securities finance company then transferred the securities to 13 securities companies , and 124 investors ( including 35 individual investors and 89 private equity funds) sold the securities from 13 securities companies in accordance with the regulations. According to the current verification situation, the above-mentioned margin trading business is in line with the current regulatory requirements, and no relevant subjects have been found to bypass the reduction of holdings or conspire to transfer benefits . The China Securities Regulatory Commission strictly supervises the lending of securities by strategic investors, and clearly requires relevant entities not to reduce their holdings in any disguised form or conspire to transfer benefits through any means. Once discovered, they will be dealt with seriously in accordance with the law. In response to the market's reflection of the rules for listed company executives and core employees to participate in the phased lending of shares after strategic distribution, the CSRC will fully listen to the views of all parties and further demonstrate the evaluation . (SFC website)

NO. 2 The reporter learned from relevant channels on the 19th that recently, the Shanghai Supervision Bureau of the State Administration of Financial Supervision issued the " Notice on Strengthening the Management of Auto Insurance Expenses " (hereinafter referred to as the "Notice"), requires the comprehensive strengthening of the internal management of auto insurance expenses and the comprehensive strengthening of the supervision and management of commercial auto insurance expenses, Continue to improve the market-oriented formation mechanism of commercial auto insurance rates. The Notice makes it clear that the rate of car insurance surcharges will be reasonably reduced. the upper limit of the additional fee rate set for commercial car insurance products will remain at 25%. conditional regions can support commercial car insurance products with the upper limit of the additional fee rate less than 25% for approval. (SSE)

NO. 3 the mid-autumn festival and national day holiday coincides with the 19th Asian games in Hangzhou . according to the booking data of online travel companies such as ctrip, flying pig and where to go, Hangzhou ranks among the top three popular domestic travel destinations on the 11th , the overall order booking volume has increased by more than 5 times year on year , and the tourism booking volume in Zhejiang province has increased by more than 2 times year on year. The reporter learned from Flying Pig Travel on the 19th that as of September 13, Shanghai, Beijing, Hangzhou, Chengdu, Guangzhou, Shenzhen, Hong Kong, Chongqing, Urumqi, and Xi'an have become the top ten popular domestic travel destinations during the Mid-Autumn Festival and National Day holiday, and Hangzhou has ranked among the top three domestic travel destinations. (The Paper)

NO. 4 In response to the recent situation that the Jiuxin chocolate jointly launched by Maotai and Dove has sold out in multiple channels , on September 19, the WeChat public number "Maotai International Hotel" certified as "Guizhou Maotai Liquor Co., Ltd." issued a statement saying that firmly resists the behavior of some merchants to increase the price of Maoxiaoling Jiuxin chocolate and invites consumers to consume rationally, when buying look for official channels. At the same time, the statement said that in order to satisfy everyone's consumption experience and drinking experience to the greatest extent, Mao xiaoling wine heart chocolate has been produced on an urgent basis and will be replenished in various channels in the near future .

haitong international released a research report on September 19, saying that it gave racing tires (601058.SH, latest price: 12.17 yuan) a better rating than the market, with a target price of 14.04 yuan . The reasons for the rating mainly include: 1) the release of the 2023 semi-annual report of racing tires; 2)23H1 gross profit margin and sales volume increase drive the rapid growth of net profit; 3) liquid gold tires have high performance and green environmental protection properties, which help the high-end development of the company's products; 4) The company actively expands product promotion efforts to let more consumers understand the company's products. Risk Warning: Production capacity under construction is less than expected, macroeconomic downturn, raw material market prices fall.

AI comments: racing tires have received the attention of 8 brokerage research reports in the past month, buying 5 and increasing 1, with an average target price of 16.45 yuan, which is 4.28 yuan higher than the latest price of 12.17 yuan, with an average target price increase of 35.17.

Capital Securities released a research report on September 19, saying that Longji Green Energy (601012.SH, latest price: 26.32 yuan) was given a buying rating . The main reasons for the rating include: 1) steady growth in shipments and continuous improvement in integrated production capacity; 2) significant improvement in the company's profitability; and 3) differentiated products to build long-term competitive advantages. Risk: PV demand growth is less than expected; capacity expansion is less than expected.

AI Comments: Longji Green Energy has received the attention of 8 brokerage research reports in the past month, buying 5 and increasing 1. The average target price is 36 yuan, which is 9.68 yuan higher than the latest price of 26.32 yuan, and the average target price is up 36.78.

huafu securities released a research report on September 19, saying that Chongqing beer (600132.SH, latest price: 87.59 yuan) was given a buying rating with a target price of 109.3 yuan . The reasons for the rating mainly include: 1) demand-side transformation and high gross profit of high-end beer to create a joint force of supply and demand, to promote the high-end development of the industry; 2) heavy beer business inflection point gradually appeared, quarter-by-quarter improvement of the national expansion can be expected; 3) "foresight" to achieve high-end benchmark, multi-brand operation experience to empower the national expansion. Risk Warning: Large single-product sales are less than expected, the increase in the rainy season affects demand, raw material costs return to growth, high-end market competition intensified, food safety issues.

AI review: Chongqing beer has received the attention of 8 brokerage research reports in the past month, buying 7, with an average target price of 113 yuan, 25.41 yuan higher than the latest price of 87.59 yuan, with an average target price increase of 29.01.

ping an securities released a research report on September 19, saying that yaokang biology (688046.SH, latest price: 17.57 yuan) recommended rating . The reasons for the rating mainly include: 1) the rapid expansion of the gene-modified mouse product and service market at both ends of supply and demand; 2) the company's standardized model product category industry leader, forward-looking strains lead the market demand; 3) the company's domestic business radius expanded, overseas layout continued to deepen; 4) the first coverage, give "recommended" rating. Risk Warning: 1) Macroeconomic cycle and investment and financing cycle, 2) mouse strain renewal is less than expected risk, 3) real-world mouse model promotion is less than expected risk, 4) overseas market development is less than expected risk.

AI Review: Pharmaceutical Kang Bio has received 7 brokerage research reports in the past month, buying 4 and increasing its holdings of 2.

guolian securities released a research report on September 19, saying that it gave yanjin shop a (002847.SZ, latest price: 76.62 yuan) buy rating . The main reasons for the rating include: 1) the proposed grant of 1.4 million restricted shares to 31 incentive targets at a discount of 51.45, and the assessment target is consistent with the first phase of equity incentive; 2) the channel is king, the product is leading, and the system is escorted,Core categories and channels are growing at a high rate. Risk Warning: Channel expansion is less than expected, cost fluctuations, increased competition in the industry, food safety risks.

AI comments: Yanjin shop has received the attention of 2 brokerage research reports in the past month, buying 2, with an average target price of 99.9 yuan, 23.28 yuan higher than the latest price of 76.62 yuan, with an average target price increase of 30.38.

Haixinnengke (300072.SZ) said on the investor interaction platform on September 18 that the domestic biodiesel industry has not developed for a long time and there are only a handful of listed biodiesel companies. At present, the domestic production capacity of the first generation of ester-based biodiesel is much larger than that of the second generation of hydrocarbon-based biodiesel. The company's biodiesel is all second-generation biodiesel, and most of the products of other biodiesel listed companies are first-generation biodiesel. Judging from the announcements of various companies since the second half of last year, first-generation biodiesel manufacturers are also laying out second-generation biodiesel, so we can pay attention to its progress.

haichen shares (300873.SZ) said on the investor interaction platform on September 18 that the company has long been concerned about the development of new technologies such as artificial intelligence, automation equipment, industrial machines and its application in supply chain services, such as the application of AI algorithm in path planning, vehicle loading, cargo identification and other scenarios, and the application of logistics robots in intelligent storage scenarios. The company attaches great importance to automation investment, intelligent storage scale in the industry are in the leading level. In addition, the company is also increasing investment in research and development of robot systems, and vigorously develop automation integration business.

yingjie electric (300820.SZ) said on the investor interaction platform on September 19 that the company's new orders and orders in hand are in good overall condition, and the RF power supply orders have also increased significantly. the company's newly built RF power supply workshop has also been put into use. the company has matched a special team (production, technology, quality assurance and sales) for the expansion of the RF power supply industry, at present, the production capacity has the conditions for batch supply.

azure biology (603739.SH) said on the investor interaction platform on September 19 that the international standard probiotic factory of azure biology in aidi league is under orderly construction, with a new production capacity of 100 tons of functional probiotic powder raw materials and 100 tons of probiotic liquid products. At present, the construction project planning permit has been obtained, and the site planning, architectural appearance design, equipment layout and long-term import core equipment procurement have been completed. Civil construction has not yet begun and is expected to be officially put into production and operation in early 2025.

Jinjia shares (002191.SZ) said on the investor interaction platform on September 19 that Indonesia's Jinjia new tobacco is located in Batam Island, Indonesia, which is a bonded area and enjoys preferential policies such as exemption from import and export duties and consumption tax. The main business of Indonesia Jinjia New Tobacco is the research and development and production of HNB smoke bombs.