Asset performance and capital changes:
The top five prices of Chinese commodities: palm 1.33%, starch 1.05%, Hujin 0.94%, red jujube 0.85%, ethylene glycol 0.78%; Iron ore - 10.03%, dynamic coal - 5.25%, soda ash - 3.03%, glass - 2.91%, PVC - 2.38% precipitation capital inflows and outflows: palm 4.79, Hujin 3.93, soybean oil 2.77, thread 1.48, crude oil 1.06; Iron ore -9.28, Shanghai copper -2.80, soda ash -1.54, hot coil -1.05, glass -0.96 sector precipitation capital inflow and outflow (100 million yuan): nonferrous metals 9.25, Shenzhen Agricultural Products Group Co.Ltd(000061) 8.14, precious metals 4.13, energy and chemical industry -0.48, black building materials -10.23
Important news and economic data:
The central bank announced that in order to maintain the reasonable and abundant liquidity of the banking system, the one-year MLF operation of 300 billion yuan (including the renewal of the MLF due on February 18) was carried out on February 15, and the bid winning interest rates were 2.85% respectively.
Premier Li Keqiang chaired an executive meeting of the State Council on February 14 to determine measures to promote the steady growth of the industrial economy and the relief and development of industries with special difficulties in the service industry. First, increase the reduction and exemption of income tax in industry and service industry. Second, strengthen financial guidance services. Third, we will strengthen and supplement the manufacturing chain and rebuild the industrial infrastructure, accelerate the construction of new infrastructure and the transformation of energy-saving and carbon reduction technologies in key areas, and expand effective investment. Fourth, for industries with special difficulties such as catering, retail, tourism, transportation and passenger transport, we will increase support in phased tax relief and deferred payment of some social security fees to promote stable employment and recovery of consumption.
The euro zone ZEW Economic Climate Index in February was 48.6, up from 49.4; The current situation index is 0.6, and the previous value is -6.2. PPI in the United States in January rose by 1% month on month and is expected to rise by 0.5%. The previous value rose by 0.2% and was revised to rise by 0.4%; The year-on-year increase was 9.7%, the expected increase was 9.1%, and the previous value increased by 9.7% to 9.8%.
Risk tip: China's real estate decline and the Federal Reserve tightening monetary policy
