Communications Industry Dynamics Tracking Weekly Report: Staying True and Surprising, Grasping the Themes of Blockchain and Satellite Communications

Introduction to this report :

The Global Central Bank Blockchain Conference was held at the Federal Reserve headquarters last week . Collaborative exploration will be accelerated , and blockchain-themed catalysts continue to emerge. In addition , with the promotion of relevant policies , the satellite navigation and communications sectors have welcomed catalysts.

summary :

Last week , the market fell 0.4% and finally closed at 2927 points. The communications industry sector rose 0.3%, outperforming the market. From the perspective of sub-industry indexes , the Beidou sector performed best , up 7.1%, the industrial Internet sector rose 0.9%, the communications equipment sector fell 0.3%, the optical communications sector fell 0.3%, and the mobile Internet sector, cloud computing sector, and operator sector fell 0.6% , 0.9% , and 2.5% , respectively .

The global central bank blockchain conference was held , and collaborative exploration will accelerate. Last week, 90 central banks around the world participated in a blockchain conference held at the Federal Reserve headquarters . Participants included Federal Reserve Chairman Yellen, two representatives from the China Banking Regulatory Commission, and a representative from the People's Bank of China. The extensive discussion of blockchain technology by regulators shows that the regulatory authorities are open to the technology and are expected to accelerate the popularization of the technology in the financial field. At present, blockchain technology has application demonstration cases in financial sub-fields such as fund clearing, non-standard product transactions, cross-border payments and transfers . While reducing credit costs , it greatly improves the liquidity of assets and funds ; in addition, it also provides regulators with transparent, traceable, and tamper-proof records , which is of great significance to both financial institutions and regulators.

Driven by relevant policies , the satellite navigation and communication sectors are welcoming catalysts. China is currently formulating the "Satellite Navigation Regulations" and has included it in the " 2016 Legislative Work Plan of the State Council". On June 8 , the official website of China North Industries Group Corporation reported that Liu Shiyu, Chairman of the China Securities Regulatory Commission , visited the navigation company China North Industries Group Corporation, a military communication equipment company under China North Industries Group Corporation. In addition , China plans to launch satellites with communication functions such as quantum science experimental satellites in the middle of the year. The satellite communication sector is expected to welcome more catalysts. Beneficiaries : Zhenxin Technology , Haige Communication , Huali Chuangtong , and TEDA Information .