daily collection
surging news: 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.
China Securities News: after the popularity of the concept of “meta universe”, the supervision has made a sound! According to the news on February 18 on the website of the CBRC, the “tips on preventing the risk of illegal fund-raising in the name of” yuanuniverse “released by the inter ministerial Joint Conference Office for the disposal of illegal fund-raising said that recently, some criminals rubbed hot spots and absorbed funds under the names of” yuanuniverse investment project “and” yuanuniverse chain Tour “, which were suspected of illegal fund-raising, fraud and other illegal and criminal activities.
Securities Times: the CSRC issued 37 replies to the motions and proposals of deputies to the National People’s Congress and members of the CPPCC on February 18. It includes hot issues such as the reform of the registration system, the development of the bond market, cracking down on violations of laws and regulations, and guiding medium – and long-term funds into the market, with a large amount of information.
central bank: on February 17-18, 2022, Indonesia, the chairman of the group of 20 (G20), presided over the first G20 finance ministers’ and central bank governors’ meeting this year in Jakarta in the form of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) . Yi Gang introduced China’s economic and financial situation, saying that China’s total inflation is warm, monetary policy is flexible, accurate, reasonable and appropriate, and the quality and efficiency of serving the real economy are continuously improved. The people’s Bank of China will maintain a stable monetary policy flexible and appropriate, strengthen cross cycle regulation, and promote high-quality economic development. As the co chair of the G20 working group on sustainable finance, the people’s Bank of China will work with all parties to formulate a transitional financial framework and implement the G20 roadmap for sustainable finance.
macroeconomic
Shanghai Securities News: Guangzhou futures exchange is accelerating the research and development of metal futures varieties such as industrial silicon, polycrystalline silicon, lithium, rare earth, platinum and palladium, completing the listing preparation such as product contract design and relevant rules as soon as possible, providing effective risk management tools for the development of photovoltaic, energy storage and other new energy industries, and promoting the smooth and orderly transformation of green and low-carbon energy.
China Financial Journal: the people’s Bank of China has completed the first phase of climate risk stress test. In the next stage, we will continue to improve the climate risk stress test method. The financial system should do a good job in climate risk management, make good use of stress testing as a “monitor” and “dashboard” of climate risk, reasonably grasp the rhythm and intensity of “standing” and “breaking”, handle the relationship between development and emission reduction, overall and local, short-term and medium and long-term, support the steady and orderly transformation of the real economy, and promote the realization of the “double carbon” goal on schedule.
first finance and Economics: the reporter learned from the Ministry of ecological environment on the 20th that the technical specification for centralized incineration and disposal of medical waste (Draft for comments) has begun to solicit opinions from relevant parties. According to the specification preparation team, the current technical specifications have been implemented for 15 years. During this period, many standards and specifications in the field of medical waste management and disposal are being revised and will be promulgated and implemented one after another.
China News Network: on the 18th, the reporter learned from the press conference on the inheritance, innovation and development of medical insurance policies of Zhejiang traditional Chinese medicine held in Hangzhou that recently, the medical insurance bureau of Zhejiang Province issued the implementation opinions on supporting the inheritance, innovation and development of traditional Chinese medicine, from seven aspects: implementing the value of talents, innovating traditional Chinese medicine services, promoting payment reform and supporting hierarchical diagnosis and treatment, Put forward 20 specific measures for medical insurance to support the development of traditional Chinese medicine. Among them, the province encourages traditional Chinese medicine medical institutions to use traditional Chinese medicine technology to carry out diagnosis and treatment, defines the positive incentive mechanism linking the proportion of traditional Chinese medicine services to medical insurance payment for traditional Chinese medicine hospitals, supports the development of traditional Chinese medicine industry, explores the formation mechanism of high quality and good price of traditional Chinese medicine, and brings the qualified traditional Chinese medicine formula particles into the payment scope of medical insurance fund.
industry dynamics
interface news: China’s settlement data showed that the number of new investors in January was 1324300, down 3.6% month on month.
China Central Television finance and Economics: since last year, with the consumption boom of new energy vehicles, the power battery industry has ushered in explosive growth. In 2021, China Shipbuilding Industry Group Power Co.Ltd(600482) battery loading volume increased by 142.8% year-on-year. The supply of power batteries is in short supply, and the manufacturers have been in a state of catching up. This year’s Spring Festival not only does not stop work, but also the recruitment after the festival is much earlier than in previous years.
State Administration of market supervision: recently, Tesla (Shanghai) Co., Ltd. filed a recall plan with the State Administration of market supervision and administration in accordance with the requirements of the regulations on the administration of recall of defective automotive products and the measures for the implementation of the regulations on the administration of recall of defective automotive products. From now on, 26047 domestic model 3 (12003 vehicles) and model y (14044 vehicles) electric vehicles produced from December 28, 2020 to January 15, 2022 will be recalled.
brokerage China: on February 18, the reporter learned that the application of China Eastern Asset Management Co., Ltd. (hereinafter referred to as China Eastern) to publicly issue financial bonds of no more than 10 billion yuan in the national inter-bank bond market was approved. In accordance with the principles of legal compliance, controllable risk and commercial sustainability, the raised funds are mainly used for the risk resolution and disposal of high-quality projects of key real estate enterprises, and the relief of non-performing assets in the real estate industry and the resolution of real estate financial risks.
stock market focus
financial Associated Press: JPMorgan said that with the improvement of earnings and the relaxation of monetary policy, the CSI 300 index is expected to reach an all-time high in the next 12 months. Wendy Liu, chief China equity strategist at JPMorgan Chase, said in an interview that in the past few months, the profit expectation of the Shanghai and Shenzhen 300 index has increased, indicating that the profit growth rate of listed companies will rise from about 17% year-on-year to about 20%. “If we adopt a 13 times P / E ratio for this growth, it means that there is more than 20% room for growth on the CSI 300 index,” she said “Materials, financial and industrial stocks are expected to create this incremental room for growth,” it said
Shanghai Securities News: since the beginning of the year, the A-share market has continued to fluctuate and adjust, and the popular tracks in the early stage have “stalled”. The tourism sector once forgotten by the market has stepped out of the independent market, and many tourism stocks have increased by more than 20% this year.
At the same time, tourism related funds have also been warmly sought after by various funds. The share of Fuguo CSI tourism theme ETF has increased by nearly 200% since the beginning of the year. In the view of many institutions, the tourism sector has been at a relatively low valuation due to the repeated epidemic in the early stage. In the future, with the continuous improvement of the epidemic situation, the valuation still has room to continue to rise. However, after a round of general rise in the sector, the trend of individual stocks may usher in differentiation.
Securities Times: Xun Yugen, a strategic analyst at Haitong, said on February 20 that the adjustment background and incentives since December 2021 are similar to those in 2021q1, and the disk indicators show that the adjustment has been relatively sufficient. Learning from history, the catalyst from value to growth of this round of spring market may come from the policy and the performance forecast of the first quarterly report. This year is similar to 2012. It is a shock city. The best window period in the first half of the year is the steady growth spring market. Short term finance and real estate are dominant. It is expected to switch to new energy and digital economy of new infrastructure in the future.
brokerage China: FTSE Russell recently announced the quarterly review results of its flagship index in February 2022. 102 listed companies in A-Shares were included in the index. At the same time, the list of large, medium and small cap stocks also came in and out of each other. It is worth mentioning that China Life Insurance Company Limited(601628) A shares were not reduced to medium cap stocks like many other large cap stocks, but directly removed from the list of FTSE global stock index.
Subscription of new shares: Kaide quartz
subscription of new bonds: none
IPO: advertised shares
new bond listing: none
company news
Shanxi C&Y Pharmaceutical Group Co.Ltd(300254) : holding subsidiary is the material entity entrusted to produce generic drugs of covid-19 drugs
Guangdong Orient Zirconic Ind Sci And Tech Co.Ltd(002167) : the sales price of relevant zirconium products will be raised from February 18
* ST Zhongtai: has not signed any strategic agreement with Great Wall Motor Company Limited(601633)
Yihua Healthcare Co.Ltd(000150) : the controlling shareholder was filed by the CSRC on suspicion of violation of the letter phi
Jiangsu King’S Luck Brewery Joint-Stock Co.Ltd(603369) : it is planned to implement the project of intelligent brewing storage center in the South plant area
China Shenhua Energy Company Limited(601088) : coal sales in January decreased by 14.7% year-on-year
Hengdian Entertainment Co.Ltd(603103) : the profit in 2021 was 13.6397 million yuan, and the loss was reversed year-on-year
Xinxiang Richful Lube Additive Co.Ltd(300910) : Suzhou Songhe and Shenzhen Songhe plan to reduce their shares by no more than 6%
Jinxiandai Information Industry Co.Ltd(300830) : shareholders plan to reduce the total shares of the company by no more than 2.76%
Zhejiang Jasan Holding Group Co.Ltd(603558) : the controlling shareholder intends to reduce no more than 4% of the shares of the company
S.F.Holding Co.Ltd(002352) : in January, the revenue of express logistics business increased by 14.23% year-on-year
* ST Le Cai: plans to purchase Aerospace Energy and aerospace molding to enter two business areas
Zhejiang Sanhua Intelligent Controls Co.Ltd(002050) : Tesla‘s recall has nothing to do with the electronic expansion valve provided by the company
Cansino Biologics Inc(688185) : covid-19 vaccine of the company is approved for sequential booster immunization
data list
Shanghai and Shenzhen Stock Markets: on February 18, the stock indexes of the two markets fluctuated, strengthened in the afternoon, and most individual stocks rose. As of the close, the Shanghai index rose 0.66%, the Shenzhen Composite Index rose 0.27% and the gem index fell 0.46%. In terms of the sector, affected by the news of the full launch of East digital West computing, data centers and cloud computing rose sharply. Individual stocks are now trading at the limit, and a number of individual stocks such as Yimikang Tech.Group.Co.Ltd(300249) are trading at the limit; Coal, steel and covid-19 drug concept also led the increase; Affected by the news, real estate stocks rose in the afternoon; Semiconductors, lithium extraction from salt lakes and diamond cultivation led the decline. About 3100 stocks in the two cities rose, and more than 60 stocks rose by 10%.
Hong Kong stocks: Hong Kong stock Hang Seng Index fell 1.88%, Hang Seng technology index fell 3.22%, Internet technology stocks fell collectively, meituan afternoon diving fell more than 14%, BiliBili fell more than 5%, and Alibaba fell more than 4%. Domestic housing stocks rose against the trend, while China Resources Land and rongchuang China rose more than 5%.
Shanghai Shenzhen Hong Kong stock connect: on February 18, statistics showed that the total net purchase of northbound funds was 4.838 billion yuan, of which the net purchase of Shanghai Stock connect was 3.025 billion yuan and the net purchase of Shenzhen Stock connect was 1.813 billion yuan. Among the top ten traded stocks, the top three in net purchases were Contemporary Amperex Technology Co.Limited(300750) , Ping An Insurance (Group) Company Of China Ltd(601318) , Wuliangye Yibin Co.Ltd(000858) , with net purchases of 355 million yuan, 274 million yuan and 258 million yuan respectively. The top three net sales are Hoshine Silicon Industry Co.Ltd(603260) , Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) , Ganfeng Lithium Co.Ltd(002460) , with net sales of 424 million yuan, 227 million yuan and 183 million yuan respectively.
dragon and tiger list: on February 18, among the stocks on the list, the largest net capital inflow was Andon Health Co.Ltd(002432) , which was 461 million yuan. Data show that the stock closed within the daily limit, with a turnover rate of 19.23% throughout the day. The net inflow of funds into the top Guotai Junan Securities Co.Ltd(601211) Hangzhou Wuxing road net purchase of 261 million yuan. A total of 15 stocks were involved in the institutional participation in the dragon and tiger list, of which 3 were net bought by the institution and Zhejiang Construction Investment Group Co.Ltd(002761) was the most bought, amounting to 70.8859 million yuan. In addition, 12 shares were sold by institutions, and Zhe Jiang Hua Hai Pharmaceuticalco.Ltd(600521) was sold the most, amounting to 116 million yuan.
margin trading : as of February 17, the balance of two financial transactions in Shanghai and Shenzhen was 172.182 billion yuan, an increase of 1.042 billion yuan over the previous trading day. Among them, the financing balance was 1623.648 billion yuan, an increase of 381 million yuan over the previous trading day; The balance of securities lending was 97.634 billion yuan, an increase of 661 million yuan over the previous trading day.
Shibor : Shibor reported 2.1100% overnight, up 25.5 basis points; Shibor reported 2.0980% in seven days, up 9.6 basis points; Three month Shibor reported 2.4000%, down 0.6 basis points.
foreign exchange
On February 18, the central parity rate of RMB was reported at 6.3343, down 22 points, and the central parity rate of the previous trading day was reported at 6.3321 The onshore RMB closed at 6.3265 against the US dollar at 16:30 on February 18, up 101 basis points from the previous trading day.
property market observation
Xinhua Finance and Economics: recently, some media reported that the reality of the housing loan policy in Heze City, Shandong Province was loose, the down payment ratio of the first house fell to 20%, and the interest rate of the first house decreased.
According to insiders and relevant banks, this adjustment is an operational differential adjustment made by individual banks according to their own capital situation and housing loan demand, combined with the borrower’s credit status and repayment ability. It belongs to the independent operation of banks. Heze City has not uniformly adjusted the down payment ratio, and still implements the minimum 20% down payment ratio of the first house in 2016.
Huaxia times: according to the data, from November 2021 to January this year, the trading volume of Beijing leasing market showed a downward trend for three consecutive months. In addition, since August 2021, Beijing’s rent has “fallen for five consecutive years”. In January this year, the rent rebounded. The industry believes that as the migrant population returns to Beijing, it is expected that the rental market in Beijing may usher in a “little sunny spring” in February.
financial Associated Press: Guangzhou Municipal Bureau of housing and urban rural development recently issued the measures for the identification of affordable rental housing projects in Guangzhou (Exposure Draft). Specifically, affordable rental housing projects are mainly small households with a construction area of no more than 70 square meters. The rent is lower than the rent of rental housing in the market with the same location and quality, which shall be determined by the market subject in accordance with the principle of “sustainable enterprise and affordable to citizens”, combined with the preferential policies enjoyed and the comprehensive evaluation of the operating cost of the enterprise. The annual increase of rent shall not be higher than that of rental housing in the same area and the same quality market in the same period, and shall not exceed 5%.
international information
China Central Television: recently, the prices of various commodities in Japan have been rising due to the rise in the prices of raw materials. Japanese food enterprise “Riqing food” will raise the price of more than 20 kinds of edible oil from April 1. The widespread price rise in Japan has also increased the operating pressure of catering stores. According to the recently released data, due to the impact of rising prices, restrictions on business hours under the epidemic and the reduction of customers, Japan’s major liquor house chains closed more than 1300 stores in two years, accounting for about 20% of the total.
financial Associated Press: it is reported that the State Grid Smart Grid Research Institute Co., Ltd. won the bid for the German offshore wind power flexible DC transmission project, which marks the first time that China’s high-end transmission technology has entered Europe, which will effectively drive the high-quality development of China’s semiconductor devices, high-end power equipment, offshore wind power and other related industries.
finance and economics of China Central Television: Michelle, President of the European Council, said at the 58th Munich Security Conference on the 20th that Europe is committed to addressing climate change and digitization, which is an important priority of the EU. He said that if Europe wants to make progress and overcome obstacles in dealing with climate and digitization, it must cooperate with China to overcome difficulties in development.
futures market
China Futures: China commodity futures closed with more gains and less losses. Coking coal rose more than 5%, ferrosilicon and Zheng coal rose more than 4%, coke and NR rose more than 3%, Shanghai nickel and Zheng alcohol rose more than 2%, pulp and Shanghai tin rose more than 1%, hot coil and EB rose slightly; Glass fell by more than 2%, pigs and iron ore fell by more than 1%, and starch and soda ash fell slightly.
International Futures: on Friday, US Eastern time, international oil prices rose or fell. As of the close, March crude oil futures in New York closed down US $0.69, or 0.75%, at US $91.07/barrel; Brent April crude oil futures closed up US $0.57, or 0.61%, to US $93.54/barrel. The international gold price fell. As of the closing, the April gold futures price, the most active trading in the gold futures market of the New York Mercantile Exchange, fell $2.2 on the 18th from the previous trading day to close at $1899.8 an ounce, down 0.12%.
overseas index
US stock market: on Friday, US Eastern time, the three major indexes of US stocks fell across the board. As of the close, the Dow fell 232.85 points to 34079.18 points, down 0.68%; The NASDAQ fell 168.65 points, or 1.23%, to 13548.07; The S & P 500 index fell 31.39 points, or 0.72%, to 4348.87.
European stock market: on Friday, European time, the main indexes of European stocks fell collectively. As of the close, the 18 daily average price index of 100 stocks of the financial times in London stock market closed at 7513.62, down 23.75 points or 0.32% from the previous trading day; France Paris Stock Market CAC40 index closed at 6929.63 on the 18th, down 17.19 points or 0.25% from the previous trading day; Germany’s Frankfurt stock market DAX index closed at 15042.51, down 225.12 points or 1.47% from the previous trading day.
Asia Pacific Stock Market: Nikkei 225 index closed down 0.41% to 27122.07 points. South Korea’s Kospi index closed up 0.43 points, or 0.02%, at 2744.52.
