On Friday, November 12th, the main contents of today’s headlines are:

China Securities Journal

Three types of public funds that favor the “new opportunities” of the Beijing stock exchange have made frequent efforts

The Beijing stock exchange is about to open, and the public offering layout is in full swing. As of November 11, four of the seven fund companies that reported “specialized and special new” theme funds had obtained approval, namely Nanfang, Boshi, China Merchants and Jingshun Great Wall. In addition to the previously declared “Beijing stock exchange fund” and the stock new third board fund, there are three types of funds lined up for the opening of the Beijing stock exchange.

The construction of digital RMB consumption scenario is in full bloom

“There are more than 3.5 million pilot scenarios, 123 million personal wallets have been opened, and the transaction amount is about 56 billion yuan.” This is the transcript of the digital RMB pilot as of early October this year. Industry insiders said that with the continuous promotion of the digital RMB pilot, the pilot scope is expected to continue to expand and the scene types will be further enriched in the future.

Two departments: give play to the role of capital market and support the innovative development of small and medium-sized enterprises

The opening of the Beijing stock exchange is imminent. The reporter of China Securities Journal learned from the Ministry of industry and information technology that the Ministry of industry and information technology and the CSRC have held discussions and exchanges recently. The two departments will deepen cooperation, give play to the role of capital market and support the innovative development of small and medium-sized enterprises.

The interest rate of large certificates of deposit has stabilized, and there is room for the cost of bank liabilities to decline

The reporter recently visited a number of bank outlets in Beijing and learned that the interest rate of large certificates of deposit has remained relatively stable after continuous reduction, but the quota of some banks is relatively tight. Many industry insiders believe that the cost of bank liabilities is expected to continue to decline in the future. At the same time, the competition for deposits among banks is still fierce.

Shanghai Securities News

Sovereign bonds have been highly praised by global investors one after another, and the market is convinced of China’s economic resilience

Not surprisingly, the 4 billion euro sovereign bonds issued by the Ministry of Finance on November 10 were enthusiastically subscribed by global investors. Based on the strong order book, the issuance yield reached an all-time low. Previously, the Ministry of Finance issued US $4 billion of sovereign bonds, which also experienced such a hot scene. Domestic and foreign institutions believe that global investors’ demand for Chinese bonds remains strong, and the market is full of confidence in China’s economic resilience and growth prospects.

US stock earnings season is coming to an end, and many companies will expand the scale of the Chinese market

The third quarter earnings season of US stocks is coming to an end. According to the data of FactSet, a financial institution, as of November 5, 89% of S & P 500 companies have released the third quarter earnings data. Among the companies that have published earnings data, 81% of the company’s earnings per share exceeded expectations. Many U.S. stock companies mentioned that the Chinese market is the main source of their revenue and profits, and will continue to cultivate the Chinese market in the future.

The investment in lithium iron phosphate continued to increase. Since October, the planned capacity has been nearly one million tons

Shenzhen Dynanonic Co.Ltd(300769) , Jiangsu Lopal Tech.Co.Ltd(603906) , Shenzhen Batian Ecotypic Engineering Co.Ltd(002170) , Zhejiang Huayou Cobalt Co.Ltd(603799) … The layout of many listed companies in lithium iron phosphate has frequently “brushed the screen” recently, and the investment heat continues the trend in the first three quarters of 2021. After combing, it is found that since October, the planned annual capacity of lithium iron phosphate project announced by listed companies has totaled nearly 1 million tons, far exceeding the actual capacity in 2020.

The second batch of 15 units joined the Shanghai Insurance Union

On November 11, the first anniversary meeting of Shanghai Insurance Union was held, and the investor protection seminar was held in the form of online “cloud forum”. On the occasion of the first anniversary of the establishment of the Shanghai Insurance Union, the second batch of 15 units, including the financial consumer rights protection department of the Shanghai headquarters of the people’s Bank of China, the China Financial Futures Exchange and the school of statistics and management of Shanghai University of Finance and economics, joined the Union.

securities times

The safe of the central bank solicits opinions on the development of new offshore international trade

In order to implement the opinions of the general office of the State Council on accelerating the development of new forms and models of foreign trade, serve the new development pattern of “double cycle”, further improve the level of trade liberalization and facilitation, and promote the healthy and sustainable innovation and development of new forms and models of foreign trade, the people’s Bank of China The State Administration of Foreign Exchange jointly drafted the notice on issues related to supporting the development of new offshore international trade (Exposure Draft).

Ministry of Commerce: China is ready to implement RCEP

On November 11, Shu jueteng, spokesman of the Ministry of Commerce, said at a regular press conference when answering a reporter from the securities times that at present, China’s preparations for the implementation of the regional comprehensive economic partnership agreement (RCEP) are ready to ensure the full performance of its obligations when the agreement comes into force.

Shenzhen equity trading center plans to launch “specialized special new cultivation board”

Serving “specialized and new” enterprises has become the focus of governments in many places. Recently, the reporter of the securities times learned from Shenzhen Qianhai equity trading center that Shenzhen stock exchange plans to launch a “specialized and special new cultivation board”, which aims to give better play to the function and role of the multi-level capital market and more effectively cooperate with the cultivation of specialized and special new enterprises.

We look forward to the opening of the capital market to the outside world

The opening of the capital market will be upgraded again. The CSRC is studying and launching relevant measures to further expand the opening of the capital market in accordance with the unified deployment of the country’s new round of high-level opening to the outside world. It can be expected that the dividend of a package of opening-up policies will soon be realized.

Securities Daily

Find out the time changes of multi City mortgage lending: the fastest one month in Shenzhen and two or three months in Shanghai

Recently, the bank’s increase in the amount of personal housing loans and the acceleration of lending speed are quite consistent with the financial statistics in October. According to the reporter’s investigation, in some cities, the lending speed of banks has indeed accelerated, but this kind of “Relaxation” is mainly to give priority to meeting the rigid demand for housing. Of course, some places and banks are still cautious about housing mortgage.

Nearly 70% of quantitative private equity funds suffered withdrawal, and the average return of 1933 products in recent one month was negative

Under the joint promotion of institutional investors and high net worth customers, quantitative private placement has a good momentum of development during the year. However, in the last month, nearly 70% of quantitative private placement products have suffered a pullback, of which some products have even retreated by more than 20%. For the reasons for the recent pullback of quantitative private equity funds, many private equity people said that the main reason is that the A-share index continues to callback, and the profit space captured by quantitative products decreases.

Domestic new energy vehicles entered the “boom track” and the production and sales of domestic new energy vehicles soared 1.3 times year-on-year in October

The automobile production and sales in October released by China Automobile Industry Association shows that the performance of new energy vehicles is bright, and the production and sales are up 1.3 times year-on-year. Under the high prospect of the industry, domestic new energy vehicle brands are ushering in rapid development.

The insurance sector fell 38% during the year, ranking the last in the A-share market. Foreign capital bucked the trend and significantly increased its positions in PICC and CPIC

This year is the most difficult year for insurance stocks in recent years: the insurance sector (Shenwan secondary industry classification) fell by 38% during the year, ranking first in all sectors of a shares; During the year, no investment institution took the initiative to investigate insurance stocks, which is extremely rare in recent years. It is noteworthy that since the fourth quarter, foreign investors have continued to increase their positions in some insurance stocks. As of November 11, the holdings of foreign investors in The People’S Insurance Company (Group) Of China Limited(601319) and China Pacific Insurance (Group) Co.Ltd(601601) have soared by 90% and 50% respectively compared with December 31 last year.

people’s daily

“The last 100 meters” of smooth express

In recent years, with the development of e-commerce, the scale of express industry has been expanding. According to the data, in 2020, the business volume of national express service enterprises reached 83.36 billion, more than 30 times that of 10 years ago. However, from 2010 to 2019, the number of employees in the express industry only increased by more than four times, which is far lower than the growth rate of express business. In order to change this situation, we must solve the problem from the aspect of optimizing service.

21st Century Business Herald

Analyzing the risk of US dollar debt and financial self-discipline of Chinese Enterprises

Recently, affected by the sell-off of high-yield real estate bonds, the Hong Kong mainland real estate stock index is under pressure, which is now at the lowest level since 2017, and affects other high-quality US dollar bonds. The yield to maturity of high-yield real estate bonds once soared to 26.63%, which caused heavy losses to investors.

Cop26 is crucial to achieving a fair net zero emission transition globally

The ongoing 26th conference of the parties to the United Nations Framework Convention on climate change (cop26) has made it clear that in the process of transition to a net zero economy, we must translate aspirations into concrete actions and reach agreement on practical solutions based on the principle of equity. In our major markets in Asia, Africa and the Middle East, these actions must meet both the urgent need for a transition to a net zero economy and the need for sustained economic development.

China business daily

Inflation surged outside China, and funds unexpectedly favored gold

Driven by rising energy costs and supply chain bottlenecks, the PPI released by the United States this week hit the highest point since November 2010, and the CPI was “unwilling to show weakness”, the highest point since November 1990. Inflation has increasingly become a persistent phenomenon, the “temporary” judgment of the Federal Reserve has been falsified, and the function of gold as a hedge against inflation has suddenly attracted the attention of investors.

Medical insurance negotiations reduced the burden of 170 billion innovative drugs in three years, and more than half of them entered medical insurance

The fourth round of medical insurance access negotiations since the establishment of the National Medical Security Bureau in 2018 ended on November 11. The previous three rounds of negotiations on price reduction and medical insurance reimbursement have reduced the burden of patients by 170 billion yuan and benefited 100 million patients. While most drugs achieve the “lowest price in the world”, the time from approval to entry into medical insurance is also shortening.

economic reference daily

Strong fundamentals support the continued positive growth of imports and exports

The scale of China’s foreign trade has remained high and has been growing for 17 consecutive months since last June. Since the outbreak of the epidemic, China has issued a series of policies and measures to stabilize foreign trade, and insisted on promoting a higher level of opening to the outside world, which has provided important support for promoting the steady growth of foreign trade and adjusting the structure. According to the foreign trade data of the General Administration of customs, in October, China’s total import and export value was 3.34 trillion yuan, a year-on-year increase of 17.8%.

US moves to curb high oil prices face setbacks

The latest data show that US inflation remains high. Recently, US President Biden has repeatedly shown his determination to curb the rise of crude oil prices to help reduce the inflationary pressure in the United States. However, analysts believe that considering the slow pace of production increase in major oil producing countries, the continuous recovery of global crude oil demand and the limitations of response measures, the action of the United States to curb high oil prices is facing setbacks.