On Monday, March 18th, the main contents of today’s headlines are as follows:
Media name front page headlines
China Securities Journal and China Securities Regulatory Commission clearly defined the supervision principles of companies exposed on “March 15” and strengthened the supervision of listed companies focusing on improving quality
The supervision of Shanghai Securities newspaper industry has achieved remarkable results, and there are many dry goods of operating information in the annual reports of Shanghai stock exchange companies
The financial policy of the securities times this year has made efforts to improve efficiency in eight aspects
Securities Daily’s list of the first batch of proposed IPO on the science and innovation board today “Jiezhong” 11 enterprises clearly announced their application for listing on the science and innovation board
The consumer market of the people’s daily started smoothly this year, and the total retail sales of social consumer goods increased by 8.2% in the first two months
The financial sector of the economic information daily is brewing a higher level of opening to the outside world, and preventing cross-border risks has become a top priority
China Business Daily Star Night preparation science and Innovation Board will open the door to receive orders
China Securities Journal ( zone )
the CSRC clarified the supervision principles of companies exposed on “March 15”, focused on improving quality and strengthened the supervision of listed companies
With regard to the supervision of listed companies and companies listed on the new third board involved in the exposure of smart harassment phones and harmful substances released by electronic cigarettes at the “March 15” party, a reporter from the China Securities Journal learned from the heads of relevant departments of the CSRC on the 17th that the CSRC will take the ongoing annual report supervision as an opportunity to crack down on all kinds of fraud by listed companies; The securities regulatory system will focus on improving the quality of listed companies, perform its duties according to law, and continue to promote and strengthen the supervision of listed companies.
the first batch of enterprises to apply for the science and Innovation Board scan a number of companies and star venture capital “ambush”
The scientific innovation board is accelerating. As of the press release of China Securities Journal, six companies, including Jiangsu Beiren Smart Manufacturing Technology Co.Ltd(688218) , Jiangxi Jdl Environmental Protection Co.Ltd(688057) , Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co.Ltd(688505) , setes, Dali electric and Xianlin 3D, have made it clear through announcement that they intend to apply for listing on the science and innovation board. Five companies, including Harbin Xinguang Optic-Electronics Technology Co.Ltd(688011) , Yantai RuiChuang, Qiming medical, Juchen semiconductor and Shanghai Shen Lian Biomedical Corporation(688098) , which are promoting IPO, have indicated on their updated IPO related documents, It is proposed to apply for listing on the science and innovation board. On the whole, the above enterprises belong to the six industries mainly supported by the science and innovation board, and some enterprises have strong profitability. Some well-known institutions and A-share listed companies also appear in the list of major shareholders of the above-mentioned enterprises.
diversified methods continue to increase positions, and the “smart” attribute of funds going north appears
Data show that since this year, the net inflow of funds from northbound has reached 127.05 billion yuan, which has become an important source of incremental funds for a shares, and its investment target and style have therefore become the focus of investors. In this context, while strengthening the research and judgment of foreign investment trends, some domestic investors adopt coping strategies such as follow-up purchase, ambush in advance, and pre reduction of individual stocks with high proportion of foreign shares.
According to the survey of Shenzhen Stock Exchange, more than 80% of investors remain neutral and optimistic
Recently, the Shenzhen Stock Exchange organized and carried out the 10th survey on the status of individual investors since 2009. The survey shows that the average securities account assets of investors decreased in 2018 compared with 2017. Individual investors gradually accept value investment in concept, but irrational investment behavior still exists. For the stock market performance in 2019, more than 80% of investors remained neutral and optimistic on the whole.
Shanghai Securities News (special area)
industry supervision has achieved remarkable results. There are many dry goods in the annual reports of Shanghai companies
Recently, the post audit of the annual report by Shanghai Stock Exchange has been gradually carried out, focusing on the quality of business information disclosure. It can not be vague or general. Business information should be disassembled into important modules: industry blueprint, profit password, competitive territory, Dilemma and challenge, so as to break up illusory concepts and accurately and comprehensively describe the company, Satisfy investors’ right to know.
the Shanghai stock exchange required securities companies to “strictly control seven passes”
The scientific innovation board accelerated. On March 16, the Shanghai stock exchange held a symposium on the preparations for the establishment of a science and innovation board and the pilot registration system. The main principals of nearly 100 member units attended the conference.
bancassurance channel supervision is brewing to change the access and exit system of covered business
As one of the core sales channels of insurance companies, the news that the supervision of Bancassurance channels is brewing changes has recently circulated in the industry. Shanghai Securities News has been confirmed from relevant channels that the regulatory authorities have recently drafted relevant documents and are currently soliciting opinions on a small scale.
the allocation of A-Shares does not stop. Foreign investors say they will “buy”
The pace of foreign capital entering A-Shares is accelerating. According to the information statistics of East Money Information Co.Ltd(300059) choice, as of March 15, the net purchase amount of northbound funds has reached 127 billion yuan this year. In the face of the A-share market in which the “3000 point tug of war” is under way, some foreign investors recently said that they are optimistic about the long-term allocation value of equity assets, and the follow-up overseas funds are expected to continue to flow in.
Securities Times (special area)
this year’s fiscal policy has strengthened and improved efficiency in eight aspects
The Ministry of Finance issued the report on the implementation of the central and local budgets in 2018 and the draft central and local budgets in 2019 yesterday. The report points out that in 2019, the proactive fiscal policy should make greater efforts to improve efficiency, give full play to the role of counter cyclical regulation, enhance the foresight, pertinence and effectiveness of regulation, strengthen policy coordination and promote high-quality economic development. The “intensification” is reflected in the implementation of more large-scale tax cuts and fee reductions and increased expenditure. “Improving efficiency” is reflected in improving the allocation efficiency and use efficiency of financial funds.
China Central Television 3.15 named regulators concerned about the clarification of several companies
On the evening of March 15, China Central Television’s March 15 evening party, which attracted national attention, exposed ten major problems, including smart harassing phones, hidden dangers of e-cigarettes, after-sales service routines, black scenes of online loans, etc., which involved some A-share listed companies or enterprises listed on the new third board. After the party was broadcast, relevant companies made explanations or responses. Shanghai and Shenzhen stock exchanges, stock transfer companies and other regulatory authorities also responded quickly, thundered and sent letters of concern to ask questions related to March 15.
Shenzhen Stock Exchange launched a series of activities of “Investor Service season” in 2019
Recently, Shenzhen stock exchange took the “March 15 International Consumer Rights Day” as an opportunity to launch a series of activities of “Investor Service season” in 2019. It plans to continue to carry out special activities with rich contents and various forms from March to may, guide investors to establish a rational investment concept and enhance the awareness of market players to protect the rights and interests of investors, We will work together to achieve tangible results in the protection of investors in the capital market.
with the tide of “changing the commander”, small and medium-sized fund companies seek to break through
The public fund industry is experiencing another wave of “change of command”. In the new environment of the large asset management industry, the competition faced by fund companies is more intense, coupled with the increased volatility of the capital market, a round of renewal seems inevitable.
Securities Daily (special area)
the list of the first batch of IPOs to be listed on the science and Innovation Board was clearly announced today by 11 enterprises to apply for listing on the science and innovation board
Today is the first day that the Shanghai Stock Exchange officially opened to accept and review the application documents for the issuance and listing of shares on the science and innovation board, which means that the first batch of IPO list of the science and Innovation Board will be “unveiled”. According to incomplete statistics, at present, 11 enterprises have clearly announced their application for listing on the science and innovation board.
the preferential individual income tax policy of Guangdong, Hong Kong and Macao Dawan district is determined to be applicable to nine cities
In order to support the construction of Guangdong, Hong Kong and Macao Dawan District, the Ministry of Finance and the State Administration of Taxation recently issued the notice on preferential policies for individual income tax in Guangdong, Hong Kong and Macao Dawan District, which made it clear that from January 1, 2019 to December 31, 2023, Guangdong Province and Shenzhen will be based on the tax burden difference between the mainland and Hong Kong, Subsidies will be given to overseas (including Hong Kong, Macao and Taiwan, the same below) high-end talents and scarce talents working in Dawan District, and the subsidies will be exempted from individual income tax.
the Shenzhen stock exchange immediately inquired about the companies involved in the 3.15 exposure
According to the reporter, in view of the high social attention to the March 15 exposure, the Shenzhen Stock Exchange attached great importance to it, actively performed its front-line regulatory responsibilities, made telephone inquiries to relevant companies at the first time, and urged relevant companies to timely and accurately explain their doubts to investors. The relevant person in charge of the Shenzhen Stock Exchange said that in the follow-up, the Shenzhen Stock Exchange will continue to pay close attention to public opinion and media reports, and require the company to disclose clarification announcements or progress announcements as appropriate to fully reveal risks. Some listed companies also responded to market concerns for the first time and took the initiative to disclose and clarify relevant situations.
Tianma Microelectronics Co.Ltd(000050) the asset liability ratio hit a five-year high, and the bad debt provision of Jinli communication was fully withdrawn
Tianma Microelectronics Co.Ltd(000050) explained that since Shenzhen Jinli communication equipment Co., Ltd. (hereinafter referred to as “Jinli communication”) was ruled by the court to accept the bankruptcy liquidation, based on the principle of prudence, the company made a full provision for bad debts for the receivables of its subsidiaries, reducing the non net profit deducted during the reporting period by 389 million yuan.
people’s daily
the consumer market started smoothly this year. In the first two months, the total retail sales of social consumer goods increased by 8.2%
The person in charge of the market operation Department of the Ministry of Commerce recently introduced that the consumer market started smoothly in 2019, laying a good foundation for steady economic growth in the first quarter. The official said that according to the data of the National Bureau of statistics, the total retail sales of social consumer goods in China from January to February reached 6.6 trillion yuan, a year-on-year increase of 8.2%, the same as that in December of last year. After deducting price factors, the actual increase was 7.1%, 0.5 percentage points faster than that in December of last year. On a month on month basis, the total retail sales of social consumer goods in February increased by 0.81% over January.
economic reference daily
the financial sector is brewing a higher level of opening to the outside world, and preventing cross-border risks is the top priority
This year, China’s financial sector will usher in a higher level of opening to the outside world. From the signals released during the recent two sessions, not only can more opening policies such as the financial industry and bond market be expected, but some financial opening policies will also be tried first in key areas such as Guangdong, Hong Kong and Macao, so as to explore a reproducible and popularized development path for further financial opening to the outside world. It is worth noting that there are signs of accelerated capital inflows in the short term. It is particularly important to prevent the possible cross-border capital flow risks while promoting financial opening.
the audit system of the science and Innovation Board was launched, and the Shanghai Stock Exchange stressed the strict control of seven levels
All preparations for the science and innovation board are accelerating in an all-round way, and the listing audit system will officially “open the door to welcome customers”. The latest news from the Shanghai Stock Exchange shows that on March 16, the Shanghai stock exchange held a symposium on the preparation for the establishment of a science and innovation board and the pilot registration system. The main principals of nearly 100 member units attended the conference. The symposium focused on the preparations for the establishment of the science and innovation board and the pilot registration system, informed the progress of the preliminary work, listened to the opinions and suggestions of member units, and put forward new requirements on strengthening the responsibilities of member units and making comprehensive market preparations, especially risk prevention.
China business daily
the star night preparation science and Innovation Board will open the door to receive orders
After more than four months of intense preparation day and night, the science and Innovation Board will finally be put into operation and begin to accept the application of corporate IPO. The first financial reporter learned from the relevant person in charge of the Shanghai stock exchange that the exchange will empty the test materials at the weekend, and then the materials reported will be the real application materials. All materials submitted through the review system will be regarded as the application documents for the formal IPO of the science and innovation board.
the full text of the foreign investment law was published and the pragmatic amendment was praised
After three deliberations, the text of the foreign investment law of the people’s Republic of China (hereinafter referred to as the foreign investment law) has finally been finalized. With the publication of the official text, many people found that the opinions they had submitted through public channels were reflected in the final version.
