On Wednesday, October 27th, the main contents of today’s headlines are:
China Securities Journal
Expand the pricing group, and the offline inquiry heat of individual investors of Beijing stock exchange is high
The capital threshold for individual investors to participate in the offline inquiry of new shares in the Beijing stock exchange market is 10 million yuan. Insiders said that the company of Beijing stock exchange will focus on small and medium-sized enterprises, and the participation of large investors such as social security and public offering is relatively low. Individual investors who meet this capital threshold are also large. Allowing them to participate in offline inquiry of new shares can expand the scale of pricing group, form game and promote price discovery.
National Development and Reform Commission: it is studying to include coal in the scope of commodities to stop profiteering
The national development and Reform Commission said on October 26 that in accordance with the price law and relevant laws and regulations to stop profiteering, the national development and Reform Commission is studying the establishment of a standardized coal market price formation mechanism to guide the long-term stability of coal prices in a reasonable range; We have studied the inclusion of coal in the scope of commodities to stop profiteering, organized cost-benefit investigation of the coal industry, calculated and determined the average price, average price difference rate, average profit rate and reasonable range of the coal market under normal conditions.
“Ten key actions” of carbon peak before 2030
On October 26, the State Council recently issued the action plan for carbon peak by 2030. The plan puts carbon peak into the whole process and all aspects of economic and social development, focusing on the implementation of “ten actions” such as green and low-carbon transformation of energy.
Impulse appreciation does not change the general trend, stable exchange rate beautifies RMB assets
Recently, the exchange rate of RMB against the US dollar broke through 6.4 yuan, a new high in more than four months. Institutional people believe that among the multiple factors contributing to the short-term appreciation of the RMB exchange rate, the fundamental factors represented by the strong foreign trade surplus have become the foundation and key force, and will continue to provide support for the RMB exchange rate. Considering the impact of subsequent tightening of US dollar liquidity, it is difficult to change the range fluctuation trend of RMB exchange rate. Meanwhile, the RMB exchange rate remained stable, further enhancing the attractiveness of RMB assets.
Shanghai Securities News
Xi Jinping during the visit to the national “13th five year plan” scientific and technological innovation achievement exhibition, he emphasized firm innovation confidence, grasped innovation opportunities, and accelerated the realization of high-level scientific and technological self-reliance and self-improvement
On the afternoon of Xi Jinping 26, the general secretary of the CPC Central Committee, the president of the state and the chairman of the Central Military Commission stressed when visiting the national “13th five year plan” scientific and technological innovation achievements exhibition that during the “13th five year plan” period, China’s scientific and technological undertakings accelerated development, significantly improved its innovation ability, and achieved a number of major scientific and technological achievements in the basic frontier, strategic high technology, people’s Livelihood Science and technology and other fields.
The National Development Fund for small and medium-sized enterprises has established an innovative financing service mechanism for small and medium-sized enterprises through strategic cooperation with the Beijing stock exchange and the national stock transfer company
The preparatory work before the opening of the Beijing stock exchange is being vigorously promoted. Relying on the Beijing stock exchange and the National SME share transfer system, there are more and more channels to better serve innovative SMEs.
The three departments issued the “14th five year plan” for e-commerce development, and strive to reach 46 trillion yuan in e-commerce trade in 2025
The Ministry of Commerce, the central network information office and the national development and Reform Commission yesterday issued the “14th five year plan” for e-commerce development, which defined the development direction and tasks of China’s e-commerce during the 14th Five Year Plan period.
Focus on the implementation of “ten actions” before 2030
The State Council recently issued the notice on the action plan for carbon peak before 2030. The notice proposes to focus on the implementation of “ten carbon peak actions” such as green and low-carbon energy transformation action, energy conservation and carbon reduction efficiency action, carbon peak action in industrial field, carbon peak action in urban and rural construction, green and low-carbon action in transportation and so on.
securities times
The State Council issued the action plan for carbon peak before 2030
On October 26, the State Council issued the action plan for carbon peak by 2030. The plan proposes that by 2025, the proportion of non fossil energy consumption will reach about 20%, the energy consumption per unit of China’s GDP will be 13.5% lower than that in 2020, and the carbon dioxide emission per unit of China’s GDP will be 18% lower than that in 2020, laying a solid foundation for achieving carbon peak. By 2030, the proportion of non fossil energy consumption will reach about 25%, and the carbon dioxide emission per unit of China’s GDP will be reduced by more than 65% compared with 2005, so as to successfully achieve the goal of reaching the carbon peak by 2030.
The reform of inquiry for new shares has cleared the source and broken the favorable game equilibrium
Recently, new shares broke on the first day of listing, first Sinocat Environmental Technology Co.Ltd(688737) , then Cofoe Medical Technology Co.Ltd(301087) , Wayz Intelligent Manufacturing Technology Co.Ltd(688211) . The decline in share price makes the company sad, and investors who expect to make a new profit are not happy. However, despite the short-term rise and fall of share prices, the breaking of new shares is more important to reflect the results of the reform of new share inquiry system.
The Ministry of Commerce and other three departments issued the “14th five year plan” for e-commerce development
Recently, the Ministry of Commerce, the central network information office and the national development and Reform Commission jointly issued the “14th five year plan” for e-commerce development. The plan establishes the development objectives during the 14th Five Year Plan period and the long-term objectives for 2035, and establishes the main index system for e-commerce development for the first time. Among them, the plan proposes that by 2025, China’s high-quality development of e-commerce will achieve remarkable results, and the e-commerce transaction volume is expected to reach 46 trillion yuan. This is more than 20% higher than the national e-commerce transaction volume at the end of 2020.
2021 Shanghai Stock Exchange International Investor Conference: foreign capital asset management is optimistic about Chinese assets
The international investor conference of Shanghai Stock Exchange in 2021 was held in the form of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) from October 25 to 27. Nearly 100 representatives from global financial institutions talked about new investment opportunities under China’s new development pattern.
Securities Daily
Only by practicing their internal skills can audit institutions win the trust of the market
Recently, PricewaterhouseCoopers, one of the world’s famous “big four” accounting firms, was investigated by the Hong Kong Financial Reporting bureau because of the Evergrande incident. The Hong Kong Financial Reporting Bureau said that PwC issued an unqualified opinion in Evergrande’s 2020 audit report and did not mention the major uncertainty of Evergrande’s operation. Therefore, the author questions whether Evergrande’s accounts comply with the applicable financial reporting standards? Does PwC comply with auditing standards?
During the year, the delisting channels of 26 companies in the A-share market were diversified
According to the reporter of Securities Daily, as of October 26, 26 listed companies in the A-share market have delisted this year, including 17 compulsory delisting (including 2 major illegal compulsory delisting, 7 par value delisting, 6 Financial delisting and 2 other types of delisting), 8 restructuring delisting (including 4 absorption and merger), and 1 active delisting.
The opening of the Beijing stock exchange is approaching, and the supervision has issued a voice to strictly “close the entrance”
The opening of the Beijing stock exchange is approaching. A spokesman for the CSRC said recently that the Beijing stock exchange has completed industrial and commercial registration, the main systems and rules have been publicly solicited for opinions, the technical system is basically ready, and all work is progressing in an orderly manner.
Since last year, 21 securities companies have spent 12.2 billion yuan to participate in peer determination, and more have bought into the top ten shareholders
In recent years, the “blood tonifying” of securities companies has accelerated. At present, capital strength has become a key factor for securities companies to develop capital intermediary business, improve their comprehensive financial service ability to the real economy, and build their core competitiveness and differentiated competitive advantage. According to incomplete statistics by the reporter of Securities Daily, since this year, 13 securities companies have put forward refinancing plans (fixed increase, allotment of shares and convertible bonds), and the total amount of funds to be raised is no more than 146.3 billion yuan.
people’s daily
About 15 national water conservancy heritages will be identified this year
The Ministry of water resources recently officially issued the notice of the general office of the Ministry of water resources on carrying out the identification and application of national water conservancy heritage to start the identification of national water conservancy heritage. The notice specifies that the identification of national water conservancy heritage will be carried out nationwide every two years from 2021. It is planned to identify about 15 of the first batch of national water conservancy heritages in 2021, strive to identify more than 30 national water conservancy heritages during the 14th Five Year Plan period, and preliminarily establish a relatively perfect water conservancy heritage protection and identification management system.
21st Century Business Herald
The national development and Reform Commission straightened out the logic of the coal industry, and the combustion of power coal was obviously reduced
Recently, the coal market is still widely concerned by all walks of life. Different from the previous soaring situation, under the influence of continuous policies issued by multiple departments, the price of thermal coal has opened a channel of rapid decline, and has fallen back to the level at the end of September after falling the limit.
The head effect squeezed the window guidance of mini fund regulators and guided the liquidation of 193 public offerings to meet the second peak in history
The pace of clearing public funds is accelerating. According to the data, as of October 26, 193 funds had been liquidated, exceeding the number of 171 liquidated funds in 2020, which is also the second public offering liquidation peak after 2018.
China business daily
Before 2030, the carbon peak scheme will be released, and the changes in energy industry, transportation and other industries will accelerate
The plan puts forward the main objectives such as the proportion of non fossil energy consumption, the improvement of energy utilization efficiency and the reduction of carbon dioxide emission intensity. By 2025, the proportion of non fossil energy consumption will reach about 20%, the energy consumption per unit of China’s GDP will be 13.5% lower than that in 2020, and the carbon dioxide emission per unit of China’s GDP will be 18% lower than that in 2020. By 2030, the proportion of non fossil energy consumption will reach about 25%, and the carbon dioxide emission per unit of China’s GDP will be reduced by more than 65% compared with 2005, so as to successfully achieve the goal of reaching the carbon peak by 2030.
Tesla ranks among the “trillion club” and the new energy industry chain erupts
Despite the headwind of “lack of core” and soaring prices of upstream resource products, the global green transformation is unstoppable, the sales of new energy vehicles broke out, and the market value of the world’s leading Tesla exceeded US $trillion for the first time on Monday.
economic reference daily
Incremental funds continue to flow into the A-share market, and the connectivity ecosystem continues to deepen
With the launch of MSCI China A50 interconnection RMB index, foreign capital’s participation in the A-share market adds a new tool. In recent years, China has taken continuous measures to promote the opening of its capital market to the outside world, global investors are paying more and more attention to Chinese assets, and a large number of overseas incremental funds are continuously flowing into a shares. At the same time, a number of foreign financial institutions have accelerated their investment and exhibition in China, and the interconnection mechanism at home and abroad in the A-share market is continuously deepening.
The top-level design of digital economy has accelerated the improvement of the new round of development roadmap intensively deployed by ministries and local governments
The Political Bureau of the CPC Central Committee recently conducted the 34th collective study on promoting the healthy development of China’s digital economy. Digital economy is related to the overall situation of national development. We should do a good job in the top-level design and system and mechanism construction of China’s digital economy development. The reporter of the economic information daily learned from many sources that the top-level design of the digital economy is accelerating its improvement. A series of policies, including the special plan for the digital economy in the 14th five year plan, are expected to speed up the implementation. The overall framework will cover core technology research, digital industrialization and industrial digitization, digital governance system, etc. By strengthening, optimizing and expanding the digital economy, we will accelerate the construction of a new development pattern, a modern economic system, a new national competitive advantage and seize the commanding height of future development.
