Good Luck!The Central Bank And Other Major Announcements Have Exposed The List Of Concept Stocks Promoting The Development Of Legal Digital Currency Standards.

There is good news about digital currencies, and individual stocks in the sector have surged.

Yesterday, the digital currency sector rebounded. The industry index was among the top gainers. Hengbao, Cuiwei, and Zhidu reached their daily limit. up more than 11%. More than ten stocks, including Gaowei Da and Xinguodu, all rose more than 5%.

Cuiwei shares have risen by 200.49% this year, with a cumulative daily limit of 14. Recently, the stock has reached the daily limit for three consecutive trading days on January 28, February 7, and February 8, and the closing increase has deviated by more than 20%, causing abnormal fluctuations in the stock price.

Cuiwei announced yesterday that after self-examination, it did not find any media reports or market rumors that may have a significant impact on the company's stock price, nor did it find other major events that may have a greater impact on the company's stock price. . Regarding the recent abnormal rise in stock prices, the company stated that the current digital RMB payment method has not yet brought incremental business revenue. It can replace traditional payment methods such as card swiping and QR code scanning and will not have a negative impact on the overall acquiring business scale. and have a significant impact on operating results.

Digital currencies are booming, with China leading the way

On February 8, the People's Bank of China, the State Administration for Market Regulation, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission jointly issued the "14th Five-Year Plan for Financial Standardization", proposing to steadily promote financial standardization and formulate legal digital currency standards. Comprehensively consider safe and trustworthy infrastructure, issuance systems and storage systems, registration centers, payment transaction communication modules, terminal applications, etc., and explore and establish sound legal digital currency infrastructure standards. The plan proposes:

Research and formulate legal digital currency information security standards to ensure that they can be stored, cannot be counterfeited, cannot be repeatedly traded, and cannot be repudiated during the circulation process.

Research and formulate legal digital currency business and application standards, and establish standardized processes for issuance, circulation, and withdrawal.

Research and formulate technical standards for legal digital currency to help improve the security and advancement of legal digital currency technology.

Research and formulate basic data element standards for legal digital currency to improve data standardization.

Research and formulate technical standards for legal digital currency terminals to promote and improve the terminal acceptance environment.

Research and formulate evaluation and testing standards for legal digital currencies, and standardize the testing indicators for various related systems and products.

Institutional analysts believe that promoting the innovative development of digital currency is another global consensus after carbon neutrality, and China occupies a leading position in this round of competition. In January this year, the Federal Reserve released the first digital currency white paper in the United States, "Money and Payments: The U.S. Dollar in the Era of Digital Transformation," to discuss the pros and cons of central bank digital currencies. This is of great significance to the future development and evolution of central bank digital currency.

The current domestic digital renminbi is expected to pass the Winter Olympics scenario test, accelerate its application in cross-border payment scenarios, and help further improve the ranking of renminbi in international payments; while the domestic new payment ecosystem based on digital renminbi is expected to accelerate the formation and derive more Multiple types of digital business models.

Many digital currency concept stocks experienced deep corrections during the year

According to statistics from Securities Times·Databao, since this year, the share prices of 44 stocks in the digital currency sector have increased by an average of 5.53%, significantly outperforming the market during the same period.

In addition to Cuiwei Shares, Hengbao Shares, Shensi Electronics, Zhengtong Electronics, Beijing Northern, Advanced Datacom, and Tianyuan Dike have all increased by more than 20% this year. However, many digital currency concept stocks have experienced major corrections this year. Judging from the latest stock price retracement from the high point during the year, 20 stocks have retracement of more than 20%. Yuyin shares had the highest correction, reaching 51.43%, among which Synthes Electronics, Kunlun Wanwei, Huaqing Intelligent, Xinkaip, and Guadong all had corrections of more than 30%.

Judging from the concept stocks that have disclosed annual report forecasts, based on the median forecast, 18 stocks are expected to achieve profitability in 2021, 12 are expected to show growth, of which 8 are expected to double. Performance. Hengbao shares recently recorded 5 daily limits in 7 days. The company expects net profit in 2021 to be approximately 45 million yuan to 67.5 million yuan, a year-on-year increase of 2509% to 3814%.

Since the beginning of this year, institutions have still paid close attention to the digital currency sector. Six stocks including Changliang Technology, Chu Tianlong, and Zheshu Culture have been inspected by many institutions. Among them, more than 100 institutions were interviewed, including Beijing Northern Technology and Yuxin Technology. Hundreds of families.

In terms of funding, since this year, 14 stocks have received net purchases from Beijing funds. Jiade, Yuxin Technology, and Changliang Technology all received more than 100 million yuan in net purchases from Beijing funds. Jingbei, Kelan Software, Hundsun Electronics and other stocks ranked first in net purchase amount.

Minsheng Securities believes that from the perspective of digital currency promotion path, building a software and hardware ecosystem that can support the circulation of digital currency is the first step. Hardware machines and bank IT system manufacturers represented by POS machines and ATMs will be the first to benefit; in the future, as the scale of currency transactions continues to increase, related encryption operations and potential management links are expected to generate considerable industrial scale.

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