New founding group (0659), which has strong business defensiveness, is also one of the hot targets. The stock successfully broke through the resistance of 13.14 yuan since the beginning of March. It was 13.38 yuan, which has reached a recent high of 13.46 yuan, closing at 13.34 yuan, still rising by 0.5 yuan or 3.89%, and turnover increased to 30.19 million yuan. The new business includes investing in and managing the logistics business of toll highways, ports and railway container boxes in the Mainland, operating power plants, water and waste disposal plants, and investing in finance, insurance, property management, construction, environment and mechanical and electrical engineering. In addition, the Group manages the Hong Kong Convention and Exhibition Centre in Wanchai in Hong Kong. And operate the new world (600628, stock bar) first bus, Citybus and new world first ferry. Since many new businesses involve people's livelihood and are less affected by the peripheral economy, the Mainland is committed to stimulating domestic demand and promoting environmental infrastructure business, thus promoting economic growth, which is expected to bring benefits to the group business.

Earlier, the newly established achievement sheet was published by the end of June this year, with annual income rising by 56.4% to 14.95 billion yuan and net profit rising by 13.5% to 5.25 billion yuan. Among them, the group's revenue from the road branch increased by more than six times to 19 billion yuan due to the successful acquisition of 95% of the real rights and interests of Hangzhou Circumferential Highway. Among other branches'revenue, construction and transportation also increased by 1.9 billion yuan. Rise 66.4% to 5 billion 830 million yuan. Following the acquisition of Hangzhou Circumferential Highway, the Group is planning to expand the Tangjin Expressway (North Tianjin Section) and Huishen Expressway (600548, Share Bar) Highway (Huizhou Section), so the growth potential of its highway business is still promising.

Stock data from the Stock Exchange show that on Dec. 13, New World Development (0017) acquired 45.61 million shares of its parent company, with an average of 11.905 yuan per share, and its well-held position increased from 60.73% to 61.82%. Although the present price has risen by more than 10% compared with the parent company's incremental holding price, since the strength of the shares has been achieved, and its current price-earnings ratio is 8.72 times, it is not expensive, and the interest rate of more than 5% is attractive. Demand for defensive shares in the market is still keen, and the stock is expected to break short-term high opportunities. If we break through the annual high of 13.46 yuan in the short term, the next target will be moved up to the resistance zone near 15 yuan since the end of June 2008.