Focus

Weekly Thoughts

I am used to having free time every weekend to write something. Recently, I found that many times, facing the screen, I have no deep insights to write. Looking back at the records of the past six months, I found that the same problem is mostly just a few words, and many of them are forced to say sorrow for composing new lyrics.

Now, the pace of work and life is indeed fast. It is common to deal with 10 unrelated things a day. When free, people are lazy and do not want to think. When I have to write an article every week, my head is empty and I cannot write a truly deep article.

Since I started this blog and joined the ten-year agreement, my original intention was to be a high-quality, long-term personal blog, so I still have to produce some high-quality works. Next, I will try to collect thinking fragments of various topics, sharing by experts, and profound insights on a daily basis. I will choose a topic in each issue to discuss in depth and write some high-quality articles. I hope that many a little makes a mickle, and I can publish a collection after retirement.

When Franklin was young, he also used this method to improve his critical thinking ability. They selected a topic every week, completed articles independently, and gathered together to share and exchange ideas on weekends. Mapping to the present, it is similar to topics on Weibo or Douban.

Let’s talk about “The Harm and Overcoming of Procrastination” next week.

Weekly Events

Recently, four departments issued a document clarifying that from January 1, 2022, the total scale of state-owned land use right transfer income collected by local natural resources departments exceeding 8 trillion yuan will be fully transferred to the tax department for collection. At present, the land transfer fee distribution mechanism remains unchanged and is still local fiscal revenue. Therefore, this has basically no impact on the land market and housing prices.

Weekly Market

Period: 2021-05-31——2021-06-06

4-week review: The three major indices all fell this week, and the index has been in a volatile market for a long time. The top three wind industry gainers were coal, shipping, and steel; the top three losers were motorcycles, airports, and catering indices. The top wind concept gainers were iron ore, coal, and soda ash; the top three losers were consumption, small base stations, and semiconductors.

3-week review: The three major indices all rose this week, mainly due to the surge in the whole market on Friday. It will still be in a volatile market in the short term. The top three wind industry gainers were biotechnology, automobiles, and securities firms; the top three losers were biotechnology, coal, and steel. The top three wind concept gainers were participating in finance, Chengdu-Chongqing Special Zone, and smart grid; the top three losers were PTA, steel, and rare earth.

2-week review: The three major indices all rose this week, mainly due to the surge in the whole market on Friday. It will still be in a volatile market in the short term. The top three wind industry gainers were shipping, soft drinks, and automobiles; the top three losers were chemical fiber, motorcycles, and petrochemicals. The top three wind concept gainers were participating in finance, Chengdu-Chongqing Special Zone, and smart grid; the top three losers were PTA, steel, and rare earth.

1-week review: The three major indices all rose this week, mainly due to the surge in the whole market on Friday. It will still be in a volatile market in the short term. The top three wind industry gainers were beverages, trade, and securities firms; the top three losers were office supplies, agriculture, and shipping. The top three wind concept gainers were photoresist, sodium-ion batteries, and yellow rice wine; the top three losers were shale gas, bicycles, and planting industry indices.

This week’s review: The three major indices were stable this week. The top three wind industry gainers were beverages, fine chemicals, and trade; the top three losers were catering, power generation equipment, and shipping. The top three wind concept gainers were lithium battery electrolyte, lithium battery anode, and mobile phone battery; the top three losers were cement, gold, and Tibet revitalization.

Market (%)	Index	This Week	1 Week Ago	2 Weeks Ago	3 Weeks Ago
Shanghai Composite Index	3591.84	-0.25	3.28	-0.11	2.09
Shenzhen Component Index	14870.91	0.12	3.02	1.47	1.97
ChiNext Index	3242.61	0.32	3.82	2.62	4.24
Hang Seng Index	29818.10	-0.71	2.34	2.67	-2.04
HSCEI	1111.71	-0.14	1.96	1.43	-1.41
Hang Seng HK Chinese Companies	4100.86	-1.61	1.37	1.55	-1.21
Dow Jones Index	34756.79	0.85	0.94	-0.51	-1.14
Nasdaq	13814.19	0.57	2.06	0.3	-2.34
S&P 500 Index	4229.89	0.69	1.16	-0.43	-1.39

Market (CNY, Billion)	This Week	Previous Week	2 Weeks Ago	3 Weeks Ago
Shanghai Stock Connect	45.46	300.9	-20.72	7.25
Shenzhen Stock Connect	43.41	167.24	14.94	19.87
Hong Kong Stock Connect	43.78	76.87	20.46	46.95

Positions

Code	Name	Dynamics of this Period
LKCO	Luokung Technology	Flat
F002083	Xinhua Xin Dongli Flexible Allocation	Increase
F166301	Huashang New Trend Flexible Allocation	Increase
F000978	Invesco Great Wall Quantitative Selection	Increase
F000311	Invesco Great Wall CSI 300 Index Enhanced	Increase
F005449	Huaxia Industry Leader Hybrid	Increase
F163406	Xingquan Herun Hybrid (LOF)	Increase