Today's A-Shares have not been affected by the sharp fall of 600 points in US stocks last night. They can't fall any more. It can be regarded as a backbone!
Affected by the periphery, the index opened low in the morning, and then the trend differentiated. The Shanghai index rose and turned red in shock, and the gem index was relatively weak. It once fell by more than 1% and rebounded near the end of the day.
As of the close, the Shanghai index rose 0.66% to 3490.76 points, the Shenzhen Composite Index rose 0.27% to 13459.68 points, and the gem index fell 0.46% to 2826.81 points; The total turnover of the two cities was 807.5 billion yuan, and the net purchase of northward funds was 4.838 billion yuan.
On the disk, the coal sector rose strongly, the real estate, software, steel, construction, building materials, wine and other sectors strengthened, the banking, insurance and brokerage sectors rose collectively in the afternoon, and the military, semiconductor and other sectors weakened; The concepts of data center, cloud computing and big data broke out collectively, and the concepts of covid-19 medicine and covid-19 detection became active again.
heavy property market
real estate stocks rose in the afternoon
The real estate sector rose rapidly. Real estate stocks continued to strengthen in the afternoon, Chongqingyukaifaco.Ltd(000514) , Macrolink Culturaltainment Development Co.Ltd(000620) hit the daily limit, Tahoe Group Co.Ltd(000732) , Black Peony (Group) Co.Ltd(600510) were previously closed, and Hangzhou Binjiang Real Estate Group Co.Ltd(002244) , Cccg Real Estate Corporation Limited(000736) , Rongan Property Co.Ltd(000517) rose by more than 5%,
According to the Shanghai Securities News, it has been reported that the down payment ratio of the first house loan in Heze, Shandong Province has dropped to 20% from 30% previously. In addition to Heze, some cities across the country have quietly reduced the interest rate and down payment ratio of the first house loan.
It is learned from real estate agencies such as Lianjia in Chongqing and Ganzhou, Jiangxi that many banks in Chongqing and Ganzhou, Jiangxi have reduced the down payment ratio of the first house loan to 20% before and after the Spring Festival. According to the industry, the cities in this round of adjustment are non "purchase restricted" cities, which are jointly decided by the local housing and financial functional departments according to the principle of implementing policies according to the city.
Citic Securities Company Limited(600030) according to the analysis, the decline in the proportion of down payment is a reflection of the adequacy of the amount of mortgage loans. According to the requirements of the people's Bank of China in February 2016, in non restricted cities, the minimum down payment ratio of the first set is 25%, which can float down by 5 percentage points. So far, this provision has not been abolished at the central level. Of course, the actual down payment requirements for mortgage loans increased significantly after 2017. The amount of mortgage loans in the banking system continues to be less than the demand for mortgage loans, which also makes banks continue to raise prices and can require a higher down payment ratio. At present, the interest rate of mortgage loan is much higher than LPR. We expect that in the future, where the amount of mortgage loan is sufficient and the pressure of house price decline is great, the down payment proportion of mortgage loan for self occupied demand is expected to decline, and the pricing level of mortgage loan for self occupied demand is expected to decline.
It is expected that the demand side underpinning policy at the local level will continue to be introduced. We believe that in the real estate policy, the demand side belongs to the category of local government's policy for the city. Demand side policies include house purchase subsidies for specific groups, such as migrant workers, newly employed college students and other new citizens, reduction and exemption of housing transaction taxes, adjustment of down payment ratio, optimization of first house standard, increase of provident fund loan amount, etc. From a subregional perspective, we believe that the demand side support policies of the lower tier cities are more worthy of expectation, while the demand side policies of the higher tier cities can easily lead to the rise of house prices, which is expected to be more cautious.
The market remains weak and looks forward to a fundamental improvement after March. In January 2022, the number of sales units in the sample cities we tracked decreased by 31.9% year-on-year, the number of second-hand units decreased by 33.6% year-on-year, and the sales of 18 development enterprises decreased by 41.2% year-on-year. We believe that with the development of demand side policies, especially the abundant amount of mortgage loans and the decline of interest rates, the sales situation is expected to bottom out and stabilize after March, and the real estate boom index is expected to pick up.
coal stocks were active all day
The trend of coal stocks was active throughout the day, Anyuan Coal Industry Group Co.Ltd(600397) limit, Shanxi Coking Coal Energy Group Co.Ltd(000983) , Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) and other stocks rose.
Guotai Junan Securities Co.Ltd(601211) the research report points out that at present, the coal sector is at the expected bottom, and the valuation is obviously low. With the improvement of the benchmark of power coal long-term association and the expected high price of coking coal long-term association, high-quality resource enterprises have long-term value, transformation enterprises have growth space, and the improvement of sector valuation is started.
national development and Reform Commission
trillion U.S. dollars, the stock price collapsed
On the afternoon of the 18th, on the side of Hong Kong stocks, meituan's share price suddenly collapsed, once falling more than 16%
On February 18, 14 departments including the national development and Reform Commission issued several policies on promoting the recovery and development of difficult industries in the service industry.
In the relief and support measures for the catering industry, it is proposed to guide Internet platform enterprises such as takeout to further reduce the service fee standard of catering merchants and reduce the operating costs of relevant catering enterprises. Guide Internet platform enterprises to give preferential service fees to phased merchants to catering enterprises in county-level administrative regions where high-risk areas are located.
Meituan's business is roughly divided into three divisions: Catering and takeout, to stores, hotels and tourism, as well as new business and others.
The revenue sources of the catering takeout segment include: 1) the commission paid by the merchant for the orders generated on its platform (determined as a percentage of the completed transaction amount); 2) Online marketing services provided to businesses in various forms; And 3) the distribution fee charged to transaction users and merchants for completing the distribution service.
In 2020, meituan once fell into a "Commission dispute" with catering businesses. Under the epidemic, the food in the hall is limited or even stopped, and takeout has become the only life-saving straw for many businesses. They are eager for meituan to reduce the Commission deduction of the platform and earn more. First, some businesses reported that meituan takeout increased Commission, monopolized operation and unfair competition. Then, several local catering associations issued a letter of protest, pointing out that the high takeout commission charged by meituan takeout to catering enterprises has exceeded the bearing limit of catering enterprises by adopting exclusive terms excluding fair competition.
China Banking and Insurance Regulatory Commission crack down on Yuan universe scam
According to the China Banking and Insurance Regulatory Commission, recently, some criminals have rubbed hot spots and absorbed funds under the names of "yuancosmos investment project" and "yuancosmos chain Tour", which are suspected of illegal fund-raising, fraud and other illegal and criminal activities. The relevant methods and risks are as follows:
I. fabricate a false meta universe investment project. some criminals stir up the concepts of game production, artificial intelligence and virtual reality related to the meta universe, fabricate high-tech investment projects with many packaging names, publicly and falsely publicize high profits, take the opportunity to absorb public funds, and have the characteristics of illegal fund-raising, fraud and other illegal acts.
second, fraud under the banner of metauniverse blockchain game. some criminals bind the concept of "meta universe" and claim that "making money while playing games" and "short investment cycle and high income", luring participants to invest by exchanging virtual currency and buying game equipment.
This kind of game has strong confusion, and there are risks such as running with money.
third, maliciously hype yuanuniverse real estate for money. some criminals use the concept of meta cosmic hot spots to exaggerate the expectation of rising prices of virtual real estate, artificially create the illusion of rush buying and lure them into the market to hoard trading. We must be vigilant against the risk of such speculation.
Fourth, engage in illegal profit making of Yuan universe virtual currency in a disguised form. some criminals claim that the virtual currency issued is the "universal currency" in the future, inducing the public to buy and invest. Such "virtual currency" is often the spontaneous air currency of criminals, which makes illegal profits mainly through behind the scenes means such as manipulating prices and setting cash withdrawal thresholds.
Under the banner of "meta universe", the above activities are more attractive and deceptive, and the participants are vulnerable to property losses. Please enhance the public's awareness of risk prevention and identification ability, beware of being deceived, and actively report to the local relevant departments if you find clues of suspected violations and crimes.
the United States included Tencent Alibaba's e-commerce website in the list of intellectual property infringement
response from the Ministry of foreign affairs
On February 18, foreign ministry spokesman Wang Wenbin presided over a regular press conference. A reporter asked about the inclusion of Tencent and Alibaba's e-commerce websites in the "notorious market" list by the U.S. trade representative office. The United States said that the relevant websites infringed intellectual property rights.
Wang Wenbin said that for the relevant issues you mentioned, it is recommended that you learn from the competent authorities. I would like to emphasize that China has always attached great importance to intellectual property protection, and the results achieved in recent years are obvious to all. Here I would also like to introduce some facts to you:
In 2021, 110000 invention patents were authorized by foreign applicants in China, with a year-on-year increase of 23%, and 194000 trademarks were registered, with a year-on-year increase of 5.2%. Among them, the registration of American invention patents and authorized trademarks in China increased by 32.1% and 17.3% respectively year-on-year.
Wang Wenbin said that the rapid growth in the number of foreign intellectual property rights in China shows that foreign enterprises have firm confidence in China's intellectual property protection and business environment. China has always supported Chinese enterprises to carry out relevant cooperation with foreign countries in accordance with market principles and on the basis of abiding by local laws and regulations. We urge the US side to stop politicizing economic and trade issues, make a comprehensive, objective and fair evaluation of the efforts and achievements made by Chinese enterprises in intellectual property protection, cooperate for Chinese and American enterprises on the basis of equality, mutual benefit and mutual respect, create an open, fair, just and non discriminatory business environment, and jointly promote the healthy and stable development of China US economic and trade relations.
"20% down payment" Chongqing Ganzhou has joined! The real estate sector rose sharply: four shares rose by the limit, and the market value of Vanke and poly rose by nearly 10 billion
"20% down payment" is back! Substantial loosening of housing loan policy? Chongqing Ganzhou has joined the follow-up or more cities
