daily collection
China Banking and Insurance Regulatory Commission: on February 8, 2022, the people’s Bank of China and China Banking and Insurance Regulatory Commission held a symposium in China Oriental Asset Management Co., Ltd., which conveyed and studied the spirit of the important instructions of the central leading comrades, and listened to the reports of relevant departments on promoting the disposal of non-performing assets and merger and reorganization of small and medium-sized financial institutions, Study the relevant policies and measures of financial asset management companies to focus on the main business of non-performing asset disposal, give full play to their unique functional advantages and help resolve financial risks.
21 finance and Economics: on February 10, the reporter learned from the insiders that the relevant departments recently issued relevant opinions on the supervision of urban commercial housing pre-sale funds. It is understood that the biggest difference between this document and the relevant provisions in the measures for the administration of pre-sale of urban commercial housing issued in 1994 is that the provisions on pre-sale funds are clearly unified across the country, which is conducive to standardizing the use of pre-sale funds and consolidating the regulatory responsibilities of relevant local departments.
first finance and Economics: Gao Feng, a spokesman for the Ministry of Commerce, said that this year, the Ministry of Commerce will continue to promote the reform, opening up and innovation of service trade, focusing on the following aspects: first, work with relevant departments to solidly promote the implementation of the 14th five year plan for the development of service trade and implement various tasks and measures. Second, study and promote the introduction of a number of new policies and measures to vigorously promote the high-quality development of digital trade, technology trade and foreign cultural trade. Third, explore the institutional opening-up path of trade in services, and promote the introduction of the national version of the negative list of cross-border trade in services. Fourth, continue to promote the pilot of innovative development of trade in services, implement various policies and measures, and summarize and promote more institutional innovation achievements. Fifth, select areas with remarkable pilot results and upgrade and build a national demonstration zone for innovative development of service trade. We will vigorously develop digital trade, create a digital trade demonstration area, and promote innovation in science, technology and system. Sixth, promote the upgrading and expansion of the export base of characteristic services.
financial Associated Press: eight departments including the Ministry of industry and information technology issued the implementation plan for accelerating the comprehensive utilization of industrial resources. The scheme proposes to improve the management system and strengthen the whole life cycle traceability management of power batteries of new energy vehicles. Promote cooperation between upstream and downstream of the industrial chain to jointly build recycling channels and build a cross regional recycling system. Promote the safe echelon application of waste power batteries in the fields of power backup, charging and replacement. Build a number of echelon and recycling demonstration projects in key areas such as Beijing Tianjin Hebei, the Yangtze River Delta, Guangdong, Hong Kong and Macao Bay area. Cultivate a number of echelon and recycling backbone enterprises, and strengthen the R & D and promotion of technologies such as nondestructive testing of power batteries, automatic disassembly and efficient extraction of valuable metals.
macroeconomic
central bank: RMB loans increased by 3.98 trillion yuan in January, a monthly statistical high, an increase of 394.4 billion yuan year-on-year. At the end of January, the balance of broad money (M2) was 243.1 trillion yuan, a year-on-year increase of 9.8%, 0.8 and 0.4 percentage points higher than that at the end of last month and the same period of last year respectively.
surging news: on February 10, the national development and Reform Commission and the National Energy Administration issued the opinions on improving the institutional mechanisms, policies and measures for green and low-carbon energy transformation. The opinions pointed out that during the 14th Five Year Plan period, the institutional framework for promoting green and low-carbon energy development will be basically established, and a complete basic system and policy system for green and low-carbon energy development will be basically established by 2030.
first finance and Economics: the State Administration of radio and television issued the development plan of Chinese TV dramas in the 14th five year plan. It is mentioned that we should strengthen the whole chain protection of intellectual property in the field of TV dramas and enhance the awareness of the whole industry to respect and protect intellectual property. Standardize the order of income distribution, including actors’ film remuneration, and promote the use of standardized, institutionalized and unified film remuneration and other labor contracts. We will improve the whole chain and whole process supervision mechanism before, during and after the event, seriously deal with actors and relevant institutions who have illegal acts such as tax evasion, “Yin-Yang contract” and “sky high price film pay”, and prohibit illegal and immoral artists from appearing on TV through TV dramas.
Securities Times: recently, the intellectual property and innovation development center of the Chinese Academy of information and communications organized a symposium on major issues in the development of brain computer interface industry, which was attended by relevant comrades of the science and Technology Department of the Ministry of industry and information technology. The meeting agreed that the “14th five year plan” period is a key window period for the development of brain computer intelligence. It is necessary to pool China’s innovation resources, appropriately deploy technology and industrial work in advance, promote the co construction and sharing of data, test environment and software tools, and form economies of scale. We will also strengthen talent cultivation and the construction of common platforms, speed up the research on evaluation methods, and promote the iteration of relevant products under the guidance of application.
industry dynamics
Xinhuanetco.Ltd(603888) : on the eve of the Spring Festival, with the overall stability of supply and demand in the coal market, China’s coal spot and futures prices rose. The reporter learned from the national coal trading center on the 10th that recently, many departments have introduced a number of measures to this phenomenon, and the coal price will gradually fall. At present, the average available days of coal storage in China’s power plants have reached 23 days, which is significantly higher than the average level in previous years.
daily economic news: on February 10, the market price of the original box wine of the year of the tiger in Maotai was 4580 yuan / bottle. Although this price is still higher than the official market guidance price of 2499 yuan / bottle, it has fallen sharply compared with the price approaching 6000 yuan / bottle at the beginning of the year.
Securities Times: on February 10, 2022, China Automobile Circulation Association released the investigation report on the survival status of national automobile dealers in 2021. The survey found that the gross profit margin of dealers’ new cars improved slightly in 2021, rising to 1.5% from 1.3% in 2020. The gross profit margin of used cars increased significantly by 3.4 percentage points to 8.5%. Driven by the favorable policies of the used car market, the dealer Group actively arranged the used car business and achieved initial results.
Securities Times: since 2021, China’s onshore and offshore wind turbines have reduced prices in turns. With the opening of wind power projects bidding this year, the price of wind turbines has reached a new low. On February 9, the bid opening of the 500MW wind power project in beligutai, Abaga banner, China Resources Power. The quotation of CRRC Zhuzhou Institute is 2002 yuan / kW (including tower). It is estimated that if the tower is not included, the lowest quotation is equivalent to 1550 yuan / kW ~ 1600 yuan / kW.
stock market focus
Securities Times website: Semiconductor Manufacturing International Corporation(688981) (688981) disclosed the performance express of the fourth quarter of 2021 on the evening of February 10, realizing a total operating revenue of 10.26 billion yuan, a year-on-year increase of 53.8%, and a net profit of 3.415 billion yuan, a year-on-year increase of 172.7%.
financial Associated Press: on February 10, a rumor pointed to Ge Lan, saying that large-scale insurance funds, wealth management sub accounts and fof special accounts have redeemed Ge Lan’s products, with an amount of 40 billion, mainly new energy, of which Contemporary Amperex Technology Co.Limited(300750) has the highest redemption. To this end, China Europe Fund responded that the “large redemption” on the Internet is false. Please don’t believe the rumors.
financial Associated Press: Cinda Australia Bank said in a letter to investors on the 10th that at present, there is no need to worry too much about the overall market and should cherish the gem below 2800 points and the Shanghai composite index below 3400 points. For the recent market adjustment, Cinda Aoyin Fund believes that this is a concentrated vent of the market’s short-term irrational emotions. It is expected that there is little possibility of a sharp decline in the A-share market this year, so we should actively grasp structural investment opportunities.
first finance and Economics: on February 10, the leading stock Contemporary Amperex Technology Co.Limited(300750) once fell below the 500 yuan mark, closing down 5.32% to close at 518.1 yuan, down nearly 28% from the historical high of 692 yuan in early December 2021, a new low in nearly four months. Investors have more and more doubts about the new energy sector; At present, China’s penetration rate has exceeded 20%. Although electric vehicles still have room to increase market share, they are also increasingly affected by the macroeconomic environment. There are also some differences in the views of market participants on Contemporary Amperex Technology Co.Limited(300750) and the future of electric vehicles. Insiders believe that the overseas central bank to enter the interest rate cycle, may continue to suppress the overvalued sector, the process may be similar to the 2000 NASDAQ technology network share bubble burst; However, some analysts believe that with the promotion of the market in spring, growth stocks are expected to usher in a certain rebound and have a rotation effect with value stocks.
Subscription of new shares: Jinhui shares, newtage
subscription of new bonds: double arrow convertible bonds
IPO: none
new bond listing: none
company news
Yangling Metron New Material Co.Ltd(300861) : plans to improve the efficiency of high-efficiency diamond production line
Shanghai Sk Automation Technology Co.Ltd(688155) : plans to acquire 51% equity of Ningde Dongheng machinery
Shijiazhuang Changshan Beiming Technology Co.Ltd(000158) : plans to jointly invest in the construction of China supply and marketing Shijiazhuang cold chain logistics industrial park project
Shandong Gold Mining Co.Ltd(600547) : Xincheng Gold Mine has a cumulative gold production of 100.006 tons
Uni-Trend Technology ( China) Co.Ltd(688628) : it is planned to invest no more than 300 million yuan in the construction of Instrument Industrial Park
Shenzhen Tongyi Industry Co.Ltd(300538) : the IPO application of the joint stock company has been approved by the CSRC
Humanwell Healthcare (Group) Co.Ltd(600079) : controlled subsidiary paracetamol oxycodone sustained release tablets clinical trial approved
Xinfengming Group Co.Ltd(603225) : the annual output of 300000 tons of polyester fiber project of Sun company was put into operation
Poly Developments And Holdings Group Co.Ltd(600048) : January signing amount decreased by 34.29% year on year
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd(300967) : in January, the sales revenue of chicken products increased by 70.39% year-on-year
Hunan Xiangjia Animal Husbandry Company Limited(002982) : the sales revenue of live poultry in January increased by 29.13% year-on-year
Anhui Ankai Automobile Co.Ltd(000868) : January sales increased by 0.26% year-on-year
Fujian Apex Software Co.Ltd(603383) : shareholder Jinshi investment plans to reduce its shares by no more than 6%
Zhejiang Crystal-Optech Co.Ltd(002273) : plan to repurchase shares of RMB 100 million to RMB 200 million
data list
Shanghai and Shenzhen Stock Markets: on February 10, the three major A-share indexes fluctuated weakly. As of the close, the Shanghai index rose 0.17%, the Shenzhen Component Index fell 0.73% and the gem index fell 1.98%. On the disk, pork, scenic spots and tourism, airport shipping, coal, hotels and catering, architectural decoration and other sectors led the increase; Cro concept, medical service, Contemporary Amperex Technology Co.Limited(300750) concept, hjt battery, energy storage, power equipment, covid-19 treatment and other sectors led the decline.
Hong Kong stocks: Hong Kong stock Hang Seng Index rose 0.38%, Hang Seng technology index rose 0.56%, real estate stocks and non-ferrous metal stocks rose generally, rongchuang China rose more than 10%, China Evergrande rose more than 5%, and Zijin Mining Group Company Limited(601899) rose more than 5%. Pharmaceutical outsourcing stocks continued their decline, and Yaoming biology fell more than 5%.
Shanghai Shenzhen Hong Kong stock connect: on February 10, statistics showed that the total net purchase of northbound funds was 4.52 billion yuan, of which the net purchase of Shanghai Stock connect was 5.27 billion yuan and the net sale of Shenzhen Stock connect was 750 million yuan. Among the top ten traded stocks, the top three in net purchases were Ping An Insurance (Group) Company Of China Ltd(601318) , Zijin Mining Group Company Limited(601899) , Luxshare Precision Industry Co.Ltd(002475) , with net purchases of 938 million yuan, 927 million yuan and 281 million yuan respectively.
dragon and tiger list: on February 10, among the stocks on the list, the largest net capital inflow was Sanyuan biology, with 325 million yuan. The data showed that the stock was first listed within the day and rose 17.12% to the close, with a turnover rate of 68.44% throughout the day. The net capital flow into the top Huatai Rongchao business center, with a net purchase of 36.9035 million yuan. A total of 24 stocks were involved in the institutional participation in the dragon and tiger list, of which 5 were net bought by the institution, Shenzhen Kingsino Technology Co.Ltd(002548) was the most bought, with a net purchase of 109 million yuan in three days. In addition, 19 shares were net sold by institutions, Wuxi Apptec Co.Ltd(603259) was the most sold, with a net sales of 1.272 billion yuan in three days.
margin trading : as of February 9, the balance of two financial transactions in Shanghai and Shenzhen was 172.488 billion yuan, an increase of 4.88 billion yuan over the previous trading day. Among them, the financing balance was 1625.112 billion yuan, an increase of 2.636 billion yuan over the previous trading day; The balance of securities lending was 97.376 billion yuan, an increase of 2.244 billion yuan over the previous trading day.
Shibor : Shibor reported 1.6730% overnight, down 5.5 basis points; Shibor reported 1.9650% in seven days, down 4.5 basis points; Three month Shibor reported 2.4420%, down 0.5 basis points.
foreign exchange
On February 10, the central parity rate of RMB was reported at 6.3599, up 54 points, and the central parity rate of the previous trading day was reported at 6.3653. The onshore RMB closed at 6.3590 against the US dollar at 16:30 on February 10, up 19 points from the previous trading day.
property market observation
surging news: on February 10, a letter asking for opinions on several measures to promote the healthy development of housing consumption in Daya Bay District circulated on the Internet. The letter was signed by the housing, planning and Construction Bureau of Daya Bay Economic and Technological Development Zone, Huizhou, Guangdong Province, and was signed on February 8, 2022.
For the authenticity of the above letter, the person in charge of the relevant departments of the housing, planning and Construction Bureau of Huizhou Daya Bay Economic and Technological Development Zone told surging news, “this is only an opinion draft and discussion draft, not the final document. Now we are soliciting opinions. We have not released it to the public, and the final document published by the government shall prevail.”
financial Associated Press: according to market news, the price limit policy of first-hand houses in Guangzhou has been loosened recently. This year, relevant departments plan to adopt a “graded filing” policy for rigid demand and luxury housing projects, and the price limit policy for luxury housing will be relaxed. In this regard, the relevant person in charge of Guangzhou Municipal Bureau of housing and urban rural development told the financial associated press that Guangzhou has always implemented strict housing price guidance, but the record price of each real estate is comprehensively considered according to the situation of surrounding real estate, and implemented dynamic price guidance, without setting a red line according to the price. The record price of each real estate will fluctuate in each period. At present, the price limit policy has not been relaxed.
international information
China Central Television: Gao Feng, a spokesman, said that the first phase agreement between China and the United States is beneficial to China and the United States and the whole world. Since the agreement came into force, China has worked hard to overcome the multiple adverse effects caused by the impact of the epidemic, the global economic recession and the obstruction of the supply chain, so as to promote the joint implementation of the agreement by both sides. It is hoped that the US side will cancel the imposition of tariffs and sanctions on China as soon as possible, so as to create a good atmosphere and conditions for the expansion of trade cooperation between the two sides.
China Central Television news client: according to CBS, the national average gasoline price in the United States reached $3.47 per gallon on the 9th local time, up 8 cents from the previous week. The U.S. Department of energy said gasoline prices in the United States this week were the highest since October 2014. Analysts believe that due to the impact of extreme weather, some large refineries in some parts of the United States have been closed and the refining capacity has decreased, which has contributed to the rise of gasoline prices in the United States to a certain extent.
futures market
China Futures: the closing trend of China commodity futures was divided, with soda ash up 6%, Shanghai copper up 4%, glass and iron ore up more than 3%, and soybean meal, Shanghai zinc, Shanghai nickel, Shanghai tin, Shanghai aluminum and Shanghai lead up more than 2%; Zheng coal, coking coal and Zheng alcohol fell by more than 2%.
International Futures: on Thursday, US Eastern time, international oil prices fluctuated. As of the close, March crude oil futures in New York closed up US $0.22, or 0.24%, to US $89.88/barrel; Brent April crude oil futures fell $0.14, or 0.15%, to $91.41 a barrel. The international gold price rose slightly. As of the closing, the price of gold futures for April delivery on the New York Mercantile Exchange rose US $0.6, or 0.03%, to close at US $1837.2 per ounce.
overseas index
US stock market: on Thursday, Eastern time, the US CPI in January rose 7.5% year-on-year, a 40 year high, further strengthening the Fed’s expectation of raising interest rates. The three major US stock indexes fell across the board. As of the close, the Dow fell 526.47 points to close at 35241.59 points, down 1.47%; The NASDAQ fell 304.73 points, or 2.10%, to 14185.64; The S & P 500 index fell 83.10 points, or 1.81%, to 4504.08.
European stock market: on Thursday, European time, the main indexes of European stocks rose or fell. As of the close, the UK FTSE 100 index closed at 7672.40, up 28.98 points or 0.38% from the previous trading day; France CAC40 index closed at 7101.55 points, down 29.33 points or 0.41% from the previous trading day; Germany DAX30 index closed at 15490.44, up 8.43 points or 0.05% from the previous trading day.
Asia Pacific Stock Market: Nikkei 225 index closed up 0.48% to 27712.5 points. The Korea composite index rose 0.11% to 2771.93.
