On Thursday, November 11th, the main contents of today’s headlines are:

China Securities Journal

Deep cultivation of “specialized and special new” bank financial management companies are ready to take the lead

The opening of the Beijing stock exchange is imminent, and bank financial funds are working with multi-channel long-term funds to increase support for “specialized and new” enterprises in various ways. Insiders said that after the opening of the Beijing stock exchange, it will provide more high-quality investment targets and investment opportunities for bank financial funds.

Real estate loans accelerated, and the steady growth of total credit was supported

On October 10, the financial data of October were released. While the stock growth rate of social financing scale stabilized, the year-on-year growth rate of broad money (M2) and the scale of new credit in that month were higher than the market average forecast. Experts said that the latest changes in financing data in October reflected that finance was increasing its support for the real economy, and confirmed the marginal improvement of financing in the real estate industry.

China’s bonds are really “fragrant” and the momentum of foreign capital increasing positions is fierce

According to the data recently released by the Central Clearing Company, as of the end of October, the face value of bonds entrusted by overseas institutions in the company reached 3516.7 billion yuan, an increase of 22.6 billion yuan compared with the end of September. While continuing to rewrite the record of the custody data, it also refreshed the time of continuous increase of data to 35 months. Insiders said that the increase in holdings for 35 consecutive months highlights the sustainability and stability of overseas institutions’ investment in domestic bonds, which reflects the long-term trend of global investors to increase their positions in China and allocate more RMB assets.

Consumer theme fund is now a good opportunity for layout

With the advent of “double 11”, for fund products, consumer theme funds have been selling hot recently, especially in the field of consumer segmentation, which has become the focus of Jimin’s attention. Looking forward to the future, fund managers believe that the internal differentiation of the consumer industry deserves special attention. The media industry is at the bottom of valuation, and there is a gradual upward trend from the fourth quarter to next year.

Shanghai Securities News

In October, PPI rose by 13.5% year-on-year, and the increase was expanded. The effect of the policy of ensuring supply and stabilizing price showed that the increase of PPI will usher in an inflection point

In October, the national consumer price index (CPI) and industrial producer price index (PPI) both increased year-on-year, especially due to the tight supply of energy and raw materials. Analysts believe that the role of a series of energy supply and price stabilization policies is emerging recently, the pressure of price rise is gradually alleviated, PPI may have reached the peak of this round of rise, and the increase of PPI is expected to fall in the future.

Encourage and support social capital to participate in ecological protection and restoration

The general office of the State Council recently issued the opinions on encouraging and supporting social capital to participate in ecological protection and restoration. The opinion proposes to encourage and support social capital to participate in the whole process of investment, design, restoration and management of ecological protection and restoration projects, carry out activities such as ecological product development, industrial development, scientific and technological innovation and technical services around ecological protection and restoration, and carry out life-cycle operation and management of regional ecological protection and restoration.

A number of companies have been accepted to apply for the selection layer, and the Beijing stock exchange has a steady stream of fresh blood

The opening of the Beijing stock exchange is imminent, the review of the public offering of the selected layer is still advancing in an orderly manner, and fresh blood is pouring in. Yesterday, the application documents of selected layers of two enterprises, ruikehans and Kaixue cold chain, were accepted by the national share transfer company. So far, six companies have been accepted by the national share transfer company since this week.

The cumulative intended turnover was US $70.72 billion, and the Expo continued to write a new legend in the Chinese market

On a one-year basis, the cumulative intended turnover was US $70.72 billion; 422 new products, technologies and services; The number of world’s top 500 and industry leading enterprises participating in the Expo reached 281… A number, which has become a true portrayal of the success of the fourth China International Fair.

securities times

Policy credit double “blessing” property market is expected to continue to repair

Among the October financial data released by the central bank yesterday, the most concerned by the market is the growth of loans related to real estate. In a rare way, the central bank responded to market concerns by publishing individual housing loan statistics for October. In the past, the outside world mainly speculated on the investment of personal mortgage loans through the growth of medium and long-term loans of households in the current month. This time, it was directly announced that the personal housing loans increased by 101.3 billion yuan month on month. The data confirmed that the real estate loan situation has improved.

SASAC: increase incentives for scientific and technological innovation and expand the scope of demonstration enterprises of scientific and technological reform

The operating revenue, total profit and net profit increased by 12.5%, 12.6% and 13.7% respectively year-on-year, and the profit margin of labor cost increased by 26.6% year-on-year. By the end of 2020, it had 170 national innovation platforms, presided over or participated in 59 international standards… At the media briefing of “demonstration action for scientific and technological reform” held on November 10, deputy director of the office of the state owned enterprise reform leading group of the State Council, Weng Jieming, member of the Party committee and deputy director of the SASAC of the State Council, gave a rich transcript of the demonstration action of scientific reform.

The issuance of local bonds reached a new high this year, and many places started the application work next year

Recently, the government debt research and evaluation center of the Ministry of Finance released the issuance of local government bonds in October 2021. In October, local organizations issued 614.4 billion yuan of new local government bonds, a new high in the year. As the issuance of local bonds in the whole year is coming to an end, all localities have accelerated the issuance of new special bonds and started the application of special bonds in 2022 in advance.

We should strengthen the supervision of network big V engaging in Securities and other marginal businesses

Recently, the regulatory authorities have paid attention to the cooperation between some securities companies and network big V to carry out webcast, customer drainage and other activities, and defined the corresponding regulatory requirements; Previously, some local securities regulatory departments drew a red line for the fund investment advisory business, and some fund investment advisory businesses of network big V also belong to the scope of rectification. The author believes that we should strengthen the supervision of network big V engaged in Securities and other marginal businesses.

Securities Daily

10 selected companies officially announced that they will be listed on the Beijing stock exchange on November 15. It is expected that the number of the first batch of listed companies will reach 81

On the evening of November 10, the reporter of Securities Daily learned from the official website of the national stock transfer company that 10 companies, including Henghe shares, Keda automatic control, jingsai technology, Tongxin transmission, China design consulting, Zhisheng information, Zhonghuan shares, Guangdao high tech, Dadi electric and Hanxin technology, announced that the company’s shares would be listed on the Beijing stock exchange on November 15. As of the evening of November 10, a total of 71 selected layer listed companies will be listed on the Beijing stock exchange. Then, it is expected that the number of the first batch of listed companies on the Beijing stock exchange will reach 81.

In October, RMB loans increased by 826.2 billion yuan, and social financing increased by 1.59 trillion yuan

On November 10, the October financial data released by the people’s Bank of China showed that RMB loans increased by 826.2 billion yuan in October, an increase of 136.4 billion yuan year-on-year. In terms of social financing increment, according to preliminary statistics, the increment of social financing scale in October was 1.59 trillion yuan, 70 billion yuan more than the same period of last year and 721.9 billion yuan more than the same period of 2019.

More than 200 new funds rushed to the year-end issuance examination, and the low volatility and low risk strategy was favored

Data show that as of November 10, 149 funds were being raised and issued; There are 119 funds that have not yet started raising but have announced the issuance date and the planned deadline for raising is before December 31. Among them, there are many fund companies with strong investment and research capabilities, such as e fund, huitianfu and Xingzheng global. If it is estimated according to the currently disclosed target scale of new fund raising, the issuance scale of new funds at the end of the year will be at least 375 billion yuan.

IPO inquiry is more market-oriented, and investment bank pricing should be less routine

Recently, a series of “new share breaks” have affected the nerves of investors, and playing a new “lying win” has become a thing of the past. Relative to history, the number and proportion of new shares broken recently are not high. Moreover, the incentive for the breaking of new shares is not the “killing valuation” caused by market pessimism. The recent reform of IPO issuance system leads to the appropriate increase of IPO price, which should not be ignored.

people’s daily

Marine GDP is 6.2 trillion yuan (new data and new highlights)

Recently, the data released by the Ministry of natural resources shows that China’s marine economy is recovering steadily and market demand is gradually picking up. According to preliminary accounting, the gross marine product in the first three quarters was 6.2 trillion yuan, a year-on-year increase of 9.5%. Marine foreign trade has steadily increased. The total import and export volume by sea increased by 23.2% year-on-year, of which the export volume increased by 22.9% year-on-year and the import volume increased by 23.6% year-on-year.

21st Century Business Herald

In October, PPI and CPI slightly exceeded the market expectations, and the upstream industrial product prices gradually transmitted to the consumer end

In October, CPI and PPI both slightly exceeded market expectations. In this regard, Dong Lijuan, Senior Statistician of the city Department of the National Bureau of statistics, said that in October, CPI increased due to the comprehensive impact of special weather, contradiction between supply and demand of some commodities and rising costs. Due to the combination of international import factors and the tight supply of China’s main energy and raw materials, the increase of PPI has expanded.

How long can it last to quantify the huge earthquake of fund performance and earn excess returns?

The market style changes frequently, and the quantitative funds with outstanding performance this year are experiencing a deep withdrawal. Statistics show that among the 682 quantitative long fund products issued by 10 billion private equity institutions, 583 products have negative returns in the past month, and more than 80% of the products have fallen into losses. At the same time, managed futures strategy (CTA) products have also been significantly callback.

China business daily

Residents’ medium and long-term credit ended five consecutive declines, and the marginal improvement of housing financial environment

As predicted by the previous market, real estate financing has become the largest variable. In October, the medium and long-term loans of residents mainly for housing loans increased slightly, ending the negative growth trend for five consecutive months. It is expected that under the background of marginal improvement of housing financial policy, the overall confidence of the real estate industry is expected to be repaired in stages to promote the stable and healthy development of the industry.

On the second day of health care negotiation, the off-site share price of “soul bargaining” rose

The three-day negotiation on Medicare drugs in 2021 has been started. November 10 is the second day of the negotiation. It has attracted much market attention because it will involve the “bargaining” of many heavy anti-cancer drugs. A pharmaceutical company person who participated in the negotiation that morning told the first financial reporter that the medical insurance bureau “haggled” fiercely during the negotiation process. After 1 p.m. that day, A-Shares and many pharmaceutical stocks in Hong Kong stocks soared.

economic reference daily

Accelerating the rise of the new growth pole and promoting regional coordinated development in depth

The Yangtze River Delta region’s growing influence on the national economy is the epitome of regional rapid development. In recent years, China has accelerated the promotion of regional coordinated development, improved the system and mechanism, successively implemented major regional strategies and regional coordinated development strategies, and gradually clarified the territory of China’s strong and active growth pole.

Further promote the reform of “release, management and service” and cultivate and expand market players

It is of great significance to cultivate and expand market players and stimulate their vitality, which is related to the long-term and the overall situation. We should provide solid support for steady growth and employment by stimulating market vitality and social creativity.