On Wednesday, February 27th, the main contents of today’s headlines are as follows:
Media name front page headlines
Pan Gongsheng, vice president of the people’s Bank of China, China Securities Journal: the structural reform of the financial supply side has rich connotation
Shanghai Securities News pan Gongsheng: financial risks tend to converge as a whole
Securities Times A-share hot with the rise of capital allocation, brokers said the two financial risks were controllable
Securities Daily added 316100 investors last week, the highest in 10 months
Economic focus of people’s Daily: Siasun Robot&Automation Co.Ltd(300024) new demand of the industry burst into new vitality
Tax reduction and fee reduction of economic information daily will expand space for China’s economic growth. Appropriately reducing social security rates will help promote high-quality development
21st Century Business Herald Railway “cash cow” is coming Beijing-Shanghai High Speed Railway Co.Ltd(601816) start listing
China Securities Journal ( zone )
Pan Gongsheng, vice president of the people’s Bank of China: financial supply side structural reform has rich connotation
China Securities News reporter learned from the central bank that pan Gongsheng, vice president of the people’s Bank of China and director of the State Administration of foreign exchange, said on the 26th that since the reform and opening up, China’s financial industry has made great progress and its service capacity has been greatly improved. However, there are some structural defects in the supply of financial services, and the quality and efficiency of financial resource allocation do not meet the requirements of high-quality economic development and building a modern economic system. It is mainly reflected in: China’s financial industry is mainly indirect financing, and the development of equity financing is seriously insufficient.
national development and Reform Commission: deeply tap the investment growth space in four fields
According to the data of the national online approval and supervision platform for investment projects disclosed by the national development and Reform Commission on the 26th, it is preliminarily expected that China’s investment in fixed assets will stabilize in 2019. Mining, medium and high-end manufacturing, accommodation and catering, real estate, scientific research and technical services are expected to become investment hot industries to support the steady growth of fixed asset investment. The growth of infrastructure investment has improved slightly. Judging from the landing cycle of infrastructure projects for about one year, infrastructure investment is expected to maintain a medium growth trend in 2019, and the growth rate of investment in the central and western regions continues to lead.
goodwill impairment and other information are included in the scope of disclosure, and the disclosure requirements of the 2018 annual report of the new third board are becoming stricter
In order to properly do a good job in the disclosure of the 2018 annual report of the new third board company, the national share transfer companies recently held annual report disclosure business training meetings in many places, and gave special explanations on the overall requirements, processes and contents of annual report disclosure. Participants revealed that the regulators have more detailed requirements for the disclosure of important matters in the annual report, fund-raising management and internal governance, and the punishment for failing to disclose the annual report on schedule is more severe. For the first time, the national share transfer company requires innovative companies belonging to pharmaceutical manufacturing and other industries to disclose industry operation related information.
A-share investment demand is booming, and foreign capital actively expands mainland business
The consulting results of MSCI China A-share large cap stocks’ inclusion factor from 5% to 20% are expected to be released on February 28. Moreover, FTSE Russell, S & P and Dow Jones International Index are expected to be gradually incorporated into A-Shares in the near future. Analysts pointed out that the internationalization of the A-share market will be one of the important annual themes in 2019, which has been highlighted by the recent accelerated influx of foreign capital into the A-share market.
Shanghai Securities News (special area)
pan Gongsheng: financial risks tend to converge
Pan Gongsheng, vice president of the people’s Bank of China and director of the State Administration of foreign exchange, pointed out in an interview with the media on the 26th that the financial supply side structural reform has rich connotation, points out the direction for further improving financial services and promoting the healthy development of China’s financial industry, and has important strategic and practical guiding significance. He said that after a period of centralized rectification, the exposed financial risks are being handled in an orderly manner, and the financial risks tend to converge on the whole.
central bank: optimizing financing structure and financial market system product system
The reporter learned from the people’s Bank of China on the 26th that in 2019, the central bank should comprehensively do a good job in macro credit policy guidance and financial market innovation and development, promote the deepening of financial supply side structural reform, optimize the financing structure, financial market system and product system, and provide higher quality and more efficient financial services for the development of the real economy.
take the establishment of the science and innovation board as the starting point to promote the “vitality reform” and “toughness reform” of the capital market
Finance is the blood of economy and the core of modern economy. Capital market is an important part of modern financial system. This year marks the 70th anniversary of the founding of new China and is also a key year for building a well-off society in an all-round way. Under the background of the increasingly complex economic situation outside China and the critical period of deepening supply side structural reform and promoting high-quality development of China’s economy, the task of building a capital market with better quality and higher efficiency is becoming increasingly urgent.
812 million won 23.03% equity and Hangzhou Ruiqi will take over Dalian Insulator Group Co.Ltd(002606)
Dalian Insulator Group Co.Ltd(002606) on the evening of February 26, it was announced that 93.83 million shares of the company held by Yilong magnetic materials, the controlling shareholder of the company, were auctioned by Hangzhou Ruiqi. If the transfer is completed, the controlling shareholder and actual controller of the company will be changed. According to the announcement, Dalian Insulator Group Co.Ltd(002606) 2 on February 25 and 26, we received scanned copies of the execution ruling of Shanghai Second Intermediate People’s court and the transaction confirmation from Hangzhou Ruiqi.
Securities Times (special area)
A-Shares are hot and capital allocation is rising. Securities companies say the two financial risks are controllable
Following the large-scale rise on Monday, the trend of the two cities fluctuated yesterday, and the transaction exceeded trillion to 1097.7 billion yuan. The first tenfold stock Beijing Tongtech Co.Ltd(300379) in this round of the market fell sharply from the opening of the trading limit, and closed down 8.99% in the final market, with a record turnover of 5.94 billion yuan. With the booming stock market, there are also signs of resurgence of over-the-counter high leverage allocation. In particular, some radical individual investors privately allocate funds and speculate in stocks through personal accounts, and the maximum leverage ratio has been expanded to 5 times.
boost auto consumption and re launch the new deal. Auto enterprises respond positively and drive the recovery of the auto market
On February 23, the regular policy briefing of the State Council revealed that China will issue the administrative measures for the recycling of end-of-life motor vehicles (hereinafter referred to as the administrative measures) to allow the eligible “five assemblies” of end-of-life motor vehicles to be remanufactured and reused. Some people in the industry believe that, on the one hand, the new management measures are conducive to the development of automobile recycling industry, on the other hand, they will also promote the upgrading of automobile consumption and further release the potential of automobile consumption.
12 companies have reported 14 science and Innovation Board funds
The science and innovation board is in full preparation, and the fund companies are racing against time to lay out the science and Innovation Board fund. A number of fund companies intensively reported to the science and Innovation Board fund, and 12 companies reported 14 related theme funds in just a few days. After the first six fund companies reported the public offering products that can invest in the science and Innovation Board on February 22, this week, many fund companies continued to follow up and report the fund products whose investment scope covers the science and innovation board, and two companies have reported two science and Innovation Board funds.
the actual controller of Xingxing technology has changed further, and the new actual controller “kills two birds with one stone”
On the evening of February 26, the company announced that it had received the notice from Pingxiang fantike on that day. Pingxiang fantike had received the reply on Pingxiang fantike Network Technology Co., Ltd. acquiring the equity of Zhejiang Xingxing Technology Co., Ltd. issued by the Management Committee of Pingxiang Economic Development Zone, and the Management Committee of Pingxiang economic development zone approved the share transfer.
Securities Daily (special area)
316100 new investors were added last week, a 10-month high
With the recovery of the stock market, investor sentiment is rising, and the pace of entering the market has accelerated significantly. This can be seen from the number of new investors announced by China Clearing on February 26. According to the data, last week (February 18-february 22, 2019), the number of new investors in Shanghai and Shenzhen was 316100, including 315700 natural persons.
the coal industry is making a lot of money, and more than 80% of the listed coal enterprises are expected to have a good performance in 2018
With the centralized disclosure of 2018 annual report and performance forecast, the performance of listed companies has exploded frequently, but the coal industry is making a lot of money. According to the statistics of East Money Information Co.Ltd(300059) choice compiled by the reporter of Securities Daily, as of February 26, 26 listed coal enterprises have issued performance forecasts for 2018, 18 companies have increased their performance in advance or slightly, 3 companies have reversed their losses, and more than 80% of the companies have achieved performance expectations.
the pilot registration system of the science and innovation board is approaching, and the improvement of the basic market system is in progress
Capital market is an important carrier to give full play to the function of financial services. At present, China’s economy has entered a high-quality development stage, it is urgent to further improve and enhance its function, which is also one of the driving forces of capital market reform. In particular, the promotion of the incremental reform of the science and innovation board and the pilot registration system is tantamount to sounding the horn of the upgraded version of the market basic system reform.
rubbed the hot spot of flexible screen and was inquired by Shenzhen Stock Exchange Jinlong Machinery & Electronic Co.Ltd(300032) received two regulatory letters in recent one month
Recently, the flexible screen ignited the consumer electronics market, and concept stocks rose sharply one after another. On February 20, Jinlong Machinery & Electronic Co.Ltd(300032) replied to investors on the interactive easy platform that “the company’s OLED business developed smoothly, the technical conditions were mature, and it had the production capacity of flexible screen”. Then the company’s stock price rose sharply until the closing of the trading limit. However, according to the company’s performance forecast, Jinlong Machinery & Electronic Co.Ltd(300032) touch screen display business has been at a loss.
people’s daily
economic focus: Siasun Robot&Automation Co.Ltd(300024) new demand and new vitality of the industry
Siasun Robot&Automation Co.Ltd(300024) is regarded as “the Pearl at the top of the crown of manufacturing industry”, and its R & D, manufacturing and application are an important symbol to measure a country’s scientific and technological innovation and the level of high-end manufacturing industry. In Guangdong, the industrial Siasun Robot&Automation Co.Ltd(300024) industry is booming, Siasun Robot&Automation Co.Ltd(300024) manufacturing is produced according to demand and researched according to use, and the scope of application is expanding. Relevant enterprises are developing and innovating in the direction of more levels and higher levels. Siasun Robot&Automation Co.Ltd(300024) the industry will promote the manufacturing industry towards high-end, intelligent and green in the future.
economic reference daily
tax reduction and fee reduction expand space for China’s economic growth. Appropriately reducing social security rates will help promote high-quality development
The China macroeconomic high level seminar and China Quarterly Macroeconomic Model (cqmm) spring 2019 forecast conference jointly organized by Xiamen University and the economic reference newspaper was held in Beijing on the 26th. The participating experts said that tax reduction and fee reduction will provide space for China’s economic growth, especially the appropriate reduction of social security rates, which will have a great impact on promoting high-quality development. In the short term, it will help to promote investment, expand employment and increase fiscal revenue. In the long term, it will help to improve the aggregate demand structure and promote the transformation of the mode of economic growth.
National Development and Reform Commission: fixed asset investment will stabilize in 2019
On the 26th, the national development and Reform Commission issued the monitoring report on the development trend of national fixed asset investment in 2018 and the investment situation outlook in 2019 (hereinafter referred to as the report). It is preliminarily expected that the operation of China’s fixed asset investment will stabilize in 2019, with investment in medium and high-end manufacturing and modern service industries becoming the main driving force, the growth of infrastructure investment has improved slightly, and the growth rate of investment in central and Western China continues to lead.
21st Century Business Herald
Railway “cash cow” is coming Beijing-Shanghai High Speed Railway Co.Ltd(601816) launch listing
“Rumors” come true! Beijing-Shanghai High Speed Railway Co.Ltd(601816) is going on the market. On February 26, Beijing regulatory bureau of China Securities Regulatory Commission disclosed the basic information of Beijing-Shanghai High Speed Railway Co.Ltd(601816) IPO and listing on the main board, China Securities Co.Ltd(601066) will provide listing guidance for it. That night, China Railway Corporation confirmed to the 21st century economic report that Beijing-Shanghai High Speed Railway Co.Ltd(601816) has officially started the A-share listing.
bancassurance standardized the auto insurance market: the auto insurance business of 24 Prefecture and municipal institutions was suspended
The cbcirc suggested that local cbcircs take multiple measures to promote the high-quality development of auto insurance, correct the company’s concept of emphasizing scale, neglecting service and neglecting benefit through the supervision guidance of rewarding the good and punishing the bad, promote the industry to pay more attention to benefit priority and continuously improve the operation efficiency of the industry.
