On Wednesday, July 10th, the main contents of today’s headlines are as follows:
Media name front page headlines
China Securities Journal, CSRC and other eight central units will strengthen supervision and information sharing, and the science and Innovation Board will implement 11 Joint Disciplinary Measures for dishonesty
Shanghai Securities News strengthened the supervision and information sharing of the science and innovation board, and the CSRC and other departments improved the joint punishment mechanism for dishonesty
The securities times science and Technology Innovation Board will be punished by the 11th National Congress for dishonesty
Securities Daily severely punishes the act of making false accounts and telling lies in the pilot registration system
21st Century Business Herald private placement risk controller blew up the industry insider: a large number of pure credit loans were packaged as low-risk fixed income products
Economic information daily expands domestic demand, carries the burden of local intensive layout economy, and the new policy of stabilizing investment and promoting consumption will be accelerated in the second half
The comprehensive strength of China’s intellectual property rights has been steadily improved
China Securities Journal ( zone )
The CSRC and other eight central units will strengthen supervision and information sharing, and the science and Innovation Board will implement 11 Joint Disciplinary Measures for dishonesty
The China Securities Regulatory Commission announced on the 9th that the “opinions on strengthening the supervision and information sharing of relevant market subjects and improving the joint punishment mechanism for dishonesty in the pilot of the registration system of the science and Innovation Board” had been released recently. This is the first credit regulatory document focusing on information sharing and joint punishment of dishonesty in specific financial fields.
Judicial guarantee is solid and powerful, escorting the smooth launch of science and innovation board
On July 9, the CSRC held a symposium on several opinions of the Supreme People’s Court on providing judicial guarantee for the establishment of the science and innovation board and the pilot registration system reform. Representatives of market entities such as the issuer of the science and innovation board, securities companies, accounting firms and law firms attended the meeting.
Issuing pricing institutions generally expect that the valuation of the first batch of science and Innovation Board enterprises will face market test
As of July 9, when the reporter of China Securities Journal published, 18 science and Innovation Board companies had determined the issuance price. Among them, Advanced Micro-Fabrication Equipment Inc.China(688012) corresponds to the net profit attributable to shareholders of the parent company before deducting non recurring profits and losses, and the P / E ratio calculated by dividing by the total share capital after this issuance is 170.75 times, which has aroused heated discussion in the industry.
Some banks meet the “window guidance” and tighten the financing channels of real estate enterprises
“The regulatory authorities have conducted ‘window guidance’ to some banks with large real estate loans and rapid growth, requiring to control the amount of real estate loans, but the specific requirements for each bank are different.” Mo Yichen (a pseudonym), a relevant person of a city commercial bank in Shanghai, recently revealed that the core idea of the above measures is to control the scale of real estate loans. Although it is not said that relevant businesses will be completely frozen, it is just that various guidance and disapproval by the head office have emerged one after another, and those banks with too fast growth of housing mortgage loans may be affected.
Shanghai Securities News (special area)
Strengthen the supervision and information sharing of the science and innovation board, and improve the joint punishment mechanism for dishonesty by the CSRC and other departments
The CSRC website disclosed on the evening of July 9 that recently, the CSRC, the national development and Reform Commission, the people’s Bank of China, the SASAC of the State Council, the State Administration of market supervision, the China Banking and Insurance Regulatory Commission, the Civil Aviation Administration of China Eight central units of China National Railway Group Co., Ltd. jointly issued the opinions on strengthening supervision and information sharing for relevant market entities in the pilot of registration system of science and innovation board and improving the joint punishment mechanism for dishonesty (hereinafter referred to as the opinions).
Nine in three places a day! The online roadshow of Kechuang board company ushered in the peak
With the countdown of the “Gong” of the science and innovation board, the online roadshow activities of relevant companies are in full swing, ushering in an unprecedented traffic peak on July 9. On the same day, nine Sci-tech Innovation Board companies, including China Railway Signal & Communication Corporation Limited(688009) , Ningbo Ronbay New Energy Technology Co.Ltd(688005) , Xi’An Bright Laser Technologies Co.Ltd(688333) , Harbin Xinguang Optic-Electronics Technology Co.Ltd(688011) , Advanced Micro-Fabrication Equipment Inc.China(688012) , Anji Microelectronics Technology (Shanghai) Co.Ltd(688019) , Fujian Forecam Optics Co.Ltd(688010) , Appotronics Corporation Limited(688007) , Espressif Systems (Shanghai) Co.Ltd(688018) , held online roadshows in Shanghai, Beijing and Shenzhen to accept investors’ questions.
The Shanghai Stock Exchange has made great efforts to rectify the chaos of shareholders’ capital occupation and illegal guarantee
Although the overall coverage and scale of liquidity risk of listed companies and major shareholders with high incidence last year have been under control, capital occupation and illegal guarantee by major shareholders are still on the rise.
Performance anticipation drives the popularity of high certainty sectors
Yesterday, the performance of A-share market was relatively calm, led by cyclical sectors such as automobile, agriculture, forestry, animal husbandry and fishery and chemical industry. Market analysts believe that the current news is calm, the market has entered the semi annual report disclosure period, and the sectors with good performance expectations will perform relatively strongly.
Securities Times (special area)
Science and Technology Innovation Board will be punished by the Eleventh National Congress for its dishonesty
Recently, the China Securities Regulatory Commission, 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 China Banking and Insurance Regulatory Commission, the Civil Aviation Administration of China Eight central units of China National Railway Group Co., Ltd. jointly issued the opinions on strengthening regulatory information sharing and improving the joint punishment mechanism for dishonesty for relevant market subjects in the pilot of the registration system of the science and innovation board, which defined 11 disciplinary measures for information sharing and dishonesty in the promotion of the science and innovation board and the registration system.
A new feast! 9 new shares of Kechuang board were subscribed today
Today, China Railway Signal & Communication Corporation Limited(688009) , Advanced Micro-Fabrication Equipment Inc.China(688012) , Anji Microelectronics Technology (Shanghai) Co.Ltd(688019) , Espressif Systems (Shanghai) Co.Ltd(688018) , Appotronics Corporation Limited(688007) , Xi’An Bright Laser Technologies Co.Ltd(688333) , Ningbo Ronbay New Energy Technology Co.Ltd(688005) , Fujian Forecam Optics Co.Ltd(688010) and Harbin Xinguang Optic-Electronics Technology Co.Ltd(688011) 9 science and Innovation Board companies will apply for online and offline purchases, and determine whether to start the callback mechanism and the final online and offline issuance quantity.
Liu Ti, deputy general manager of Shanghai Stock Exchange: the system design of science and Innovation Board urgently needs the consensus of minimum reform
Yesterday, Liu Ti, deputy general manager of Shanghai Stock Exchange, said at the “2019 first financial science and Innovation Conference” that the reform of the capital market must take a gradual path, which is determined by its importance and professionalism. There is an urgent need to form a minimum consensus on the reform of the system design and reform of the science and innovation board. As an incremental reform, the science and innovation board has made many innovations in the system, broke the thinking of administrative examination and approval, and established supporting systems and legal liability arrangements such as transaction, continuous supervision, M & A, refinancing and delisting.
Four companies including Shanghai Microport Endovascular Medtech (Group) Co.Ltd(688016) determined the issue price
On the evening of July 9, Shanghai Microport Endovascular Medtech (Group) Co.Ltd(688016) , Micro-Tech (Nanjing) Co.Ltd(688029) , Western Superconducting Technologies Co.Ltd(688122) and Arcsoft Corporation Limited(688088) four Sci-tech Innovation Board companies disclosed their offering prices one after another. So far, a total of 18 Sci-tech Innovation Board companies have determined the issuance price.
Securities Daily (special area)
Severely punish the act of making false accounts and telling lies in the pilot of the registration system
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 of China National Railway Group Co., Ltd. jointly issued the opinions on strengthening supervision and information sharing for relevant market entities in the pilot of registration system of science and innovation board and improving the joint punishment mechanism for dishonesty (hereinafter referred to as the opinions).
602 companies’ semi annual report predicted that 7 companies’ performance “changed face”
With the release of St rock semi annual report, the semi annual report disclosure of the two cities officially opened, and the enterprises that have previously disclosed the performance forecast have set off a corner of the performance for investors early. According to the data, as of July 9, a total of 602 companies have disclosed the semi annual report performance forecast, of which 16 companies have released different contents of the performance forecast more than twice, while 7 companies have “changed their face” after releasing the latest performance forecast.
The issuance and listing audit of science and innovation board is terminated for the first time, which greatly improves the enthusiasm of public supervision
On July 22, the first batch of companies on the science and Innovation Board will be officially listed. Many investors are gearing up to try their hand in the tide of science and innovation board. At the same time, striving to land on the science and innovation board has also become the aspiration of many companies.
The “three highs” phenomenon of M & A fell back, and the report restructuring faded out of the market
Mergers and acquisitions of listed companies have always been a high incidence area of insider trading. According to the data of CSRC, in 2017 and 2018, there were 60 and 87 insider trading cases respectively, including 44 and 57 mergers and acquisitions, accounting for 73.33% and 65.5% respectively.
21st Century Business Herald
Private placement risk controllers blew up the industry insider: a large number of pure credit loans were packaged as low-risk fixed income products
The news that the well-known wealth company Noah fortune stepped on the thunder of 3.4 billion Chengxing international ignited the wealth management circle, and the risk control issues around it received strong attention from the market. The case is currently in the investigation stage. There is no final conclusion on whether and to what extent Chengxing international counterfeits. The reason why this matter has aroused heated debate in the industry is that Noah, as the head company of the third-party wealth industry, “stepping on thunder” has a large scale and accuses the enterprises involved of fraud, which is of a more serious nature.
IPO on-site inspection test 6 enterprises receive tickets and drain the barrier lake. The regulators work in two ways
Regulators may form a deterrent to enterprises through punishment and financial verification in order to clean up the IPO barrier lake. The 21st Century Business Herald reporter found that the six punished enterprises had common problems, such as false records, misleading statements or major omissions. The regulatory measures will undoubtedly serve as a warning to the projects under review and the enterprises to be declared.
economic reference daily
Expanding domestic demand, shouldering the local intensive layout economy, and accelerating the launch of the new policy of stabilizing investment and promoting consumption in the second half
In the middle of the year, many places intensively held economic situation analysis meetings to summarize the economic work in the first half of the year, study and judge the next situation and deploy the economic priorities in the second half of the year. From the perspective of local deployment, expanding domestic demand has become the top priority of many places in the second half of the year. It is expected that the local version of the new policy of stabilizing investment and promoting consumption will be accelerated.
Health Commission: this year, the “blank spot” of rural medical treatment will be completely eliminated
On June 9, the National Health Commission held a regular press conference. He Jinguo, director of the Poverty Alleviation Office and director of the financial department of the National Health Commission, said that by the end of June 2019, 14.35 million poor patients with serious and chronic diseases had received basic treatment and health management services. He pointed out that the “blank spots” of rural medical and health institutions and personnel will become an important task of healthy poverty alleviation, and strive to completely eliminate them by the end of this year.
people’s daily
The comprehensive strength of China’s intellectual property rights has steadily improved
According to the data, in the first half of the year, China applied for 649000 invention patents, with a total of 238000 invention patents authorized, including 192000 invention patents authorized in China. By the end of June, China (excluding Hong Kong, Macao and Taiwan) had 1.74 million invention patents; The number of invention patents per 10000 people reached 12.5, an increase of 1.0 over the end of 2018, and the goal of 12 patents determined in the 13th five year plan was completed ahead of schedule.
( East Money Information Co.Ltd(300059) Securities Research Institute)
