Benefited from the top 4 trillion medical equipment rankings
Last week, the top-performing industries were largely driven by the 4 trillion yuan investment plan. Medical equipment remained at the top, while rail transportation also saw strong gains. The top 10 industries included heavy-duty power equipment, airport services, highways and tunnels, commercial printing, tap water, construction engineering, banking, and pharmaceuticals. Notably, both tap water and pharmaceutical sectors improved their rankings by 7 and 5 positions respectively, securing their spots in the top 10.
The government is set to invest 8.3 billion yuan in new medical equipment, with this sector expected to lead the way. This follows the “Investment of 4.8 billion yuan for the new rural health service system†announced on November 23, 2008 — the second major investment in rural healthcare since 2006. Ping An Securities noted that the 2006 plan allocated 6.771 billion yuan for rural medical equipment, and the additional 4.8 billion in 2008 increased the total investment by 1.5 billion yuan. Together, these two phases added approximately 8.271 billion yuan, mainly used for purchasing rural medical devices between 2008 and 2010. Analysts believe that 2008–2010 marked the peak period for rural medical device deployment, benefiting companies like Wandong Medical, Yuyue Medical, Shenzhen Mindray, and Xinhua Medical.
Meanwhile, the banking sector dropped slightly in rankings, moving from 6th to 9th last week, a decline of 3%. Market expectations suggest an interest rate cut is imminent — the first in 11 years. State Gold Securities highlighted that this rate cut would be unprecedented, with a 36 basis point reduction in current deposit rates. They believe this move will help correct market expectations and reduce financing costs, supporting a softer economic landing. The reserve requirement adjustment is expected to further improve bank liquidity. While the overall net interest margin for listed banks fell by 7 basis points, the impact was less than anticipated. ICBC stood out as the biggest beneficiary, with a projected 0.67% increase in 2009 net profit, while China Minsheng, Bank of China, CITIC, and China Merchants Bank faced significant losses, ranging from -10.95% to -6.37%.
Real estate management and development climbed 8 places, rising from 51st to 43rd, continuing its upward trend over the past month. Although interest rate cuts are seen as positive for the sector, CICC pointed out that the impact is delayed and has not yet reversed the industry's downturn. Housing prices have fallen due to reduced speculative demand and delayed buyer activity, while declining income expectations continue to weigh on real demand. Short-term rate cuts have had limited effect on home buying incentives or developer cash flows. Analysts believe the real estate sector is still in the early stages of adjustment, and future recovery depends on macroeconomic conditions. Further rate cuts and stimulus measures are expected to stabilize the economy and real estate market, with predictions of a potential 108 basis point cut in the following year.
Other consistently rising industries over the past month include electricity, construction materials, semiconductors, telecom equipment, household appliances, industrial equipment, biotechnology, electronics, auto parts, and network equipment. On the other hand, sectors such as catering, clothing, food packaging, fertilizers, securities, wine, IT services, oil exploration, steel, and coal saw declines.
Plastic Airless Bottles,Vacuum Spray Pump Bottle,Cosmetic Airless Pump Bottles, Airless Plastic Pump Bottles, Airless Pump Bottles
Wuxi Yogo Material Co.,Ltd , https://www.yogobottle.com