Welcoming the New Securities Law

Financial News

The new Securities Law has been promulgated and will take effect on March 1, 2020.
The 2020 Fiscal Work Conference added special support for the development of new energy vehicles.

Indexes: Last week, the two markets saw a net main outflow of RMB 31.987 billion. One-third of the stocks were in net outflow, and major funds fled sharply—worth keeping an eye on.
Themes:
The Central Rural Work Conference was held. Coupled with the upcoming release of the 2020 No.1 Central Document, agricultural stocks are entering a cyclical hype period. Based on the conference content and past No.1 documents, the content of this year’s document can be anticipated.
Hainan Free Trade Zone
Active stocks: Ganfeng Lithium, CATL
Sectors: New energy vehicles, lithium batteries

Bought Ganfeng Lithium in both A-shares and Hong Kong shares. Benefiting from downstream TWS earbud battery demand, Ganfeng Lithium may see a strong upward move. If Tesla sources batteries in China, Ganfeng Lithium could make the supplier list.

With the Securities Law revised and the market outlook improving, bought a securities index fund.

Keep applying for new convertible bond issues.
Study various research reports, follow the market setup, and look for sectors that institutions broadly agree on.

Published at: Dec 29, 2019 · Modified at: Dec 4, 2025