July 11th China China’s four major securities media, important financial media headlines headlines summary

Media name front page headlines

China Securities Journal transferred some state-owned capital to enrich the social security fund, comprehensively promoted fiscal, taxation and finance, and made clear the four measures to stabilize foreign trade

The executive meeting of the State Council of Shanghai Securities News decided to further stabilize foreign trade and decided to comprehensively promote the transfer of some state-owned capital to enrich the social security fund

Securities times the State Council: we should earnestly do a good job in reducing social security rates

Securities Daily Li Keqiang: determined to further stabilize foreign trade and other measures, and decided to comprehensively promote the transfer of some state-owned capital to enrich the social security fund

The first report card of social security fee reduction issued by the State Council was transferred to state-owned assets at full speed

Economic information daily electricity reform comprehensively accelerated the breaking of monopoly and ushered in a new climax

The executive meeting of the State Council of the people’s daily decided to further stabilize foreign trade measures to expand opening-up and help stabilize growth and employment

China Securities Journal ( zone )

Transfer some state-owned capital to enrich the social security fund, comprehensively promote fiscal, taxation and finance, and make clear the four measures to stabilize foreign trade

Premier Li Keqiang chaired an executive meeting of the State Council on July 10 to determine measures to further stabilize foreign trade, so as to expand opening-up and help stabilize growth and employment; It is required to do a good job in reducing the social security rate, and decide to comprehensively promote the transfer of some state-owned capital to enrich the social security fund; We will make arrangements for the rectification of problems found in the implementation of the central budget and other financial revenue and expenditure audits.

7 Kechuang board companies determine the issue price

On the evening of July 10, seven Sci-tech Innovation Board enterprises announced the issuance announcement to determine the issuance price. The seven companies are calculated according to the net profit attributable to the parent company before deduction in 2018. Corresponding to the post issuance P / E ratio, the average p / E ratio is 37.77 times. They will apply online and offline on July 12.

0.225% China Railway Signal & Communication Corporation Limited(688009) winning rate reached a new high

On the evening of July 10, Xi’An Bright Laser Technologies Co.Ltd(688333) , Harbin Xinguang Optic-Electronics Technology Co.Ltd(688011) , Appotronics Corporation Limited(688007) , Anji Microelectronics Technology (Shanghai) Co.Ltd(688019) , Advanced Micro-Fabrication Equipment Inc.China(688012) , Fujian Forecam Optics Co.Ltd(688010) , Ningbo Ronbay New Energy Technology Co.Ltd(688005) , China Railway Signal & Communication Corporation Limited(688009) , Espressif Systems (Shanghai) Co.Ltd(688018) 9 companies on the science and Innovation Board announced their initial public offering, subscription and winning rate on the science and Innovation Board listing website. Among them, the final winning rate of China Railway Signal & Communication Corporation Limited(688009) online issuance is 0.225%, which is the highest among the new shares on the science and innovation board. The above nine companies started the callback mechanism because the initial effective subscription multiple of online issuance was greater than 100 times.

Huang Yanming, director of Securities Research Institute: the core of science and Innovation Board investment lies in risk evaluation

Recently, on the topics of investment strategy and research reform under the background of the pilot registration system of the science and innovation board, Guotai Junan Securities Co.Ltd(601211) Huang Yanming, director of the Securities Research Institute, said in an interview with the China Securities Journal that the investment opportunity of the science and innovation board stock is to find individual stocks with high current risk and declining risk in the future. Therefore, the core of investment in the science and innovation board is to grasp the risk evaluation, which is reflected in the corporate governance, industry development prospect, company competitive advantage, financial status and so on.

Shanghai Securities News (special area)

The executive meeting of the State Council decided to further stabilize foreign trade and decided to fully promote the transfer of some state-owned capital to enrich the social security fund

Premier Li Keqiang chaired an executive meeting of the State Council on July 10 to determine measures to further stabilize foreign trade, so as to expand opening-up and help stabilize growth and employment; It is required to do a good job in reducing the social security rate, and decide to comprehensively promote the transfer of some state-owned capital to enrich the social security fund; We will make arrangements for the rectification of problems found in the implementation of the central budget and other financial revenue and expenditure audits.

Four online roadshows on the science and innovation board a day continued

The Gong is approaching, and the science and Innovation Board welcomes the lively scene of four online roadshows a day. On July 10, Shanghai Microport Endovascular Medtech (Group) Co.Ltd(688016) , Western Superconducting Technologies Co.Ltd(688122) , Arcsoft Corporation Limited(688088) and Micro-Tech (Nanjing) Co.Ltd(688029) four Sci-tech Innovation Board companies gathered in Shanghai to hold an online roadshow.

The overall performance of inflation in the first half of the year was mild, and the trend in the second half of the year depends on the face of the “second senior brother”

Driven by the rise in the prices of fruits, pork and other foods, the CPI continued to maintain a year-on-year high of 2.7% in June, but on the whole, the CPI rose only 2.2% year-on-year in the first half of the year, far below the annual inflation control target. Analysts said that the rebound in pig prices in the second half of the year may be the main source of pressure on CPI during the year, but with the weakening of tail warping factors, there is limited room for CPI to rise in the second half of the year, and there is no obvious inflationary pressure.

Foreign institutions: global liquidity improves and Chinese stocks are still attractive

In the first half of this year, despite various uncertainties, the global market still performed well, the stock markets of some countries reached record highs, and the commodity market also performed well. Looking forward to the second half of the year, many foreign-funded institutions expect that the global monetary policy will tend to be loose under multiple uncertainties, thus supporting the market.

Securities Times (special area)

State Council: we should earnestly do a good job in reducing social security rates

Premier Li Keqiang chaired an executive meeting of the State Council on July 10 to determine measures to further stabilize foreign trade, so as to expand opening-up and help stabilize growth and employment; It is required to do a good job in reducing the social security rate, and decide to comprehensively promote the transfer of some state-owned capital to enrich the social security fund; We will make arrangements for the rectification of problems found in the implementation of the central budget and other financial revenue and expenditure audits.

The first batch of 25 Sci-tech Innovation Board companies issued at the same price

On the evening of July 10, the last seven companies of the first batch of scientific innovation boards – Suzhou Harmontronics Automation Technology Co.Ltd(688022) , Guangdong Jiayuan Technology Co.Ltd(688388) , Traffic Control Technology Co.Ltd(688015) , Beijing Tianyishangjia New Material Corp.Ltd(688033) , Beijing Worldia Diamond Tools Co.Ltd(688028) , Piesat Information Technology Co.Ltd(688066) and Guangzhou Fangbang Electronics Co.Ltd(688020) announced their offering prices. So far, the issue prices of the first batch of 25 Sci-tech Innovation Board companies have been finalized.

Replacement of stock inter-bank deposit certificate of the subcontractor’s Bank is completed

The reporter learned from the people’s Bank of China on the 10th that the replacement of existing inter-bank certificates of deposit of subcontractor banks with new certificates of deposit has been completed, and the new certificates of deposit were officially listed and circulated on the 10th.

6. The proposed IPO projects of investment banks were warned to improve the quality of reporting enterprises, and the pressure increased

Recently, the CSRC issued a warning letter on the fraud of 6 enterprises to be IPO, which attracted great attention in the investment industry. A person in charge of a securities investment bank told the securities times that the centralized release of warning letters will promote the recommendation institutions to further improve the quality of reporting enterprises. Investment bankers believe that the passing rate of initial public offerings (IPOs) is high this year, and some enterprises follow suit. The regulatory move is intended to warn enterprises and sponsors trying to muddle through.

Securities Daily (special area)

Li Keqiang: determined to further stabilize foreign trade and other measures, and decided to comprehensively promote the transfer of some state-owned capital to enrich the social security fund

Premier Li Keqiang chaired an executive meeting of the State Council on July 10 to determine measures to further stabilize foreign trade, so as to expand opening-up and help stabilize growth and employment; It is required to do a good job in reducing the social security rate, and decide to comprehensively promote the transfer of some state-owned capital to enrich the social security fund; We will make arrangements for the rectification of problems found in the implementation of the central budget and other financial revenue and expenditure audits.

The credit investigation center of the central bank clarified that the transaction registration of Noah and Chengxing is not in the “credit investigation system”

On the evening of July 8, Noah wealth announced that the credit fund of its Shanghai Gefei asset management company provided 3.4 billion yuan of supply chain financing for the receivable bonds between Chengxing international and Jingdong, and filed a lawsuit. JD responded that Chengxing was just an ordinary supplier, which used forged contracts to defraud Gefei. Gefei never verified the authenticity of the contract, and the unprovoked lawsuit has had a serious impact on JD’s reputation.

In June, CPI rose by 2.7% year-on-year. Experts said it was not necessary to cut interest rates during the year

On July 10, the National Bureau of statistics released the national CPI (consumer price index) and PPI (factory price index of industrial producers) data in June 2019. From the data, CPI rose 2.7% year-on-year in June, and decreased by 0.1% month on month. PPI was flat year-on-year, down 0.3% month on month. Dong Yaxiu, director of the city Department of the National Bureau of statistics, said that CPI rose steadily in June and PPI fell slightly.

Under the joint punishment of multiple departments, it will be difficult for dishonests of the scientific and technological innovation board to move forward

According to the latest regulations, issuers and service institutions of the science and Innovation Board will face 11 Joint Disciplinary Measures for dishonesty if they make false accounts and lie in the pilot of the registration system of the science and innovation board. From restrictions on flying and high-grade trains to restrictions on serving as the legal representative of relevant enterprises and restrictions on the application for professional qualifications such as securities and funds. On the evening of July 9, the CSRC, the national development and Reform Commission, the people’s Bank of China, the state owned assets supervision and Administration Commission of the State Council, the State Administration of market supervision, the Bank of China Insurance Regulatory Commission, the Civil Aviation Administration of China Eight central units including China National Railway Group Co., Ltd. jointly issued the opinions on strengthening supervision and information sharing for relevant market subjects in the pilot of registration system of science and innovation board and improving the joint punishment mechanism for dishonesty.

China business daily

The first social security fee reduction report card of the State Council was transferred to state-owned assets at full speed

Just two months after the substantial reduction of endowment insurance premiums, the State Council announced the report card of social security burden reduction of more than 100 billion yuan. In the face of the possible pension payment pressure caused by the reduction of social security fees, the State Council decided to comprehensively promote the reform of state-owned assets transfer and social security within this year.

Libra’s attempt to globalize currency Zhou Xiaochuan’s talk on RMB’s response to challenges

Zhou Xiaochuan, President of China Institute of Finance and former governor of the people’s Bank of China, said at the seminar on “China’s foreign exchange management reform and development” held on July 9 that Libra has made at least two improvements on the basis of cryptocurrency in the past: on the one hand, it is necessary to avoid huge fluctuations in the cryptocurrency trading market in the past; On the other hand, Libra aims at cross-border business.

economic reference daily

Power reform comprehensively accelerates breaking monopoly and ushering in a new climax

The reporter of the economic information daily learned from many sources that the joint-stock reform plans of several power trading institutions have been reported to relevant departments. After the filing and approval, more than 20% of the shares will choose non grid shareholders through public recruitment. This is an epitome of the climax of comprehensively accelerating the reform of incoming calls this year and breaking the monopoly. Recently, ministries and commissions have investigated the implementation of power reform and the next work arrangement. People in the industry believe that the implementation of reform documents in the second half of the year needs to be better connected with specific operations, and thorny issues such as electricity price reform and the construction of power spot market still need to be addressed.

State Council: comprehensively promote the transfer of some state-owned capital to enrich the social security fund

Premier Li Keqiang chaired an executive meeting of the State Council on July 10 to determine measures to further stabilize foreign trade, so as to expand opening-up and help stabilize growth and employment; It is required to do a good job in reducing the social security rate, and decide to comprehensively promote the transfer of some state-owned capital to enrich the social security fund; We will make arrangements for the rectification of problems found in the implementation of the central budget and other financial revenue and expenditure audits.

people’s daily

The executive meeting of the State Council decided to further stabilize foreign trade measures to expand opening-up and help stabilize growth and employment

Premier Li Keqiang chaired an executive meeting of the State Council on July 10 to determine measures to further stabilize foreign trade, so as to expand opening-up and help stabilize growth and employment; It is required to do a good job in reducing the social security rate, and decide to comprehensively promote the transfer of some state-owned capital to enrich the social security fund; We will make arrangements for the rectification of problems found in the implementation of the central budget and other financial revenue and expenditure audits.

( East Money Information Co.Ltd(300059) Securities Research Institute)