On Thursday, February 21st, the main contents of today’s headlines are as follows:
Media name front page headlines
China Securities Journal has made greater efforts to “open the door to customers” in the capital market this year, and the scale of foreign capital inflow is expected to reach a new high
Shanghai Securities Journal State Council re export policy to expand domestic demand
Securities Times No. 1 central document exploded agricultural stocks, agriculture, forestry, animal husbandry and fishery index for two years
Securities Daily No. 1 central document has repeatedly referred to the development of agricultural insurance “insurance + futures” pilot expansion of cotton growers and other benefits.
No. 1 central document of the people’s daily focuses on “three rural issues” continuously: a new progress in Promoting Rural Revitalization (authoritative publication)
Authoritative experts of economic reference daily perspective the major signal of “three rural” reform
China Securities Journal ( zone )
the capital market has made greater efforts to “open the door to customers” this year, and the scale of foreign capital inflow is expected to reach a new high
Revise and integrate the QFII / rqfii system, expand the quota of Shanghai Shenzhen Hong Kong stock connect, smoothly “enter the motorcycle” and “enter the rich” of a shares, the birth of the first foreign holding securities firm, and the smooth introduction of crude oil and iron ore futures into overseas traders… In recent years, China’s capital market has been opening to the outside world, and a number of opening measures have been implemented one after another.
the central bank completed the handling of proposals proposed by the “two sessions” last year, and the response rate and satisfaction rate of Representatives and members remained 100%
According to the news on the central bank’s website on the 20th, the people’s Bank of China has always attached great importance to the handling of proposals made by deputies to the National People’s Congress and members of the National Committee of the Chinese people’s Political Consultative Conference. Standing at the height of actively accepting supervision, earnestly performing the duties of the central bank and promoting high-quality development, the people’s Bank of China has constantly consolidated the foundation of handling work with a view to responding to social concerns, solving practical problems and benefiting the people, Innovate the working methods of handling, and further improve the quality, level and effect of handling.
the “good start” premium income is nearly 500 billion yuan, and the premium growth of listed insurance enterprises is significantly differentiated
Five A-share listed insurance companies have successively disclosed the report card of premium income in January 2019. Relevant data show that the five listed insurance companies achieved a total of 496.561 billion yuan of original insurance premium income in January. Specifically, the original premium income of China Life Insurance Company Limited(601628) , The People’S Insurance Company (Group) Of China Limited(601319) achieved double-digit growth compared with the same period of the previous year, China Pacific Insurance (Group) Co.Ltd(601601) , New China Life Insurance Company Ltd(601336) , Ping An Insurance (Group) Company Of China Ltd(601318) was relatively stable, with year-on-year growth of 6.21%, 6.93% and 8.04%.
slow bull shocks the market without changing the fixed income investment
In 2018, great changes took place in China’s bond market. In the external environment, the pace of interest rate hike by the Federal Reserve remains the same, and the external disturbance factors continue to ferment; In terms of market, in the complex economic environment outside China, while the government continues to steadily promote strict financial supervision and deleveraging, the tone of monetary policy is also more flexible and appropriate. In order to alleviate the decline of social and financial growth and exposure to default risk, the new asset management regulations have also issued supplementary opinions. Under the background of loose liquidity and credit risk mitigation, Bond prices showed an upward trend.
Shanghai Securities News (special area)
the State Council’s re export policy to expand domestic demand
The executive meeting of the State Council held yesterday once again released the signal of expanding domestic demand: the meeting decided to cancel and delegate a number of administrative licensing matters, comprehensively carry out the reform of the examination and approval system of engineering construction projects throughout the country, and deploy measures to promote the increase of supply and quality of domestic services, so as to promote the expansion of domestic demand and benefit the people’s livelihood.
Dawan District publicity meeting was held today. Breaking the barrier of factor circulation attracted attention
On February 21, in order to cooperate with the release of the outline of the development plan of Guangdong, Hong Kong and Macao Great Bay Area (hereinafter referred to as the outline), the governments of Guangdong, Hong Kong and Macao will hold a publicity meeting in Hong Kong to introduce the contents of the outline of the development plan of Guangdong, Hong Kong and Macao Great Bay area and the key work of the three governments to promote the implementation of the development of the Great Bay area.
escort the liquidity of perpetual bonds, and the first phase of central bank bill swap appeared
According to the bidding announcement of the central bank, the operation volume of the first phase of CBS is 1.5 billion yuan for a period of one year. Conduct fixed rate quantity bidding for primary dealers of open market business, and the rate is 0.25%. The total face value of central bank bills exchanged by CBS operation in this period is 1.5 billion yuan, with a term of one year and a coupon rate of 2.45%. The winning institutions include not only joint-stock banks, policy banks, urban commercial banks and other banking institutions, but also securities companies and other non bank financial institutions.
Henan Shenhuo Coal&Power Co.Ltd(000933) attracting investment to “quench thirst”
Henan Shenhuo Coal&Power Co.Ltd(000933) it is announced today that the company plans to introduce Henan asset Shenhuo transformation and Development Fund (limited partnership) (hereinafter referred to as “transformation and development fund”) established with the participation of the controlling shareholder Shenhuo Group to increase the capital of 875 million yuan to Henan Xuchang Xinlong Mining Co., Ltd. (hereinafter referred to as “Xinlong company”), a subsidiary of the company, and the capital increase is used to repay bank loans.
Securities Times (special area)
No. 1 central document exploded agricultural stocks, agriculture, forestry, animal husbandry and fishery index for two years, a new high of
On the evening of February 19, the CPC Central Committee and the State Council issued several opinions on giving priority to the development of agriculture and rural areas and doing a good job in the work of “agriculture, rural areas and farmers”, pointing out that this year and next are the decisive period for building a well-off society in an all-round way, and there are many hard tasks to be completed in the field of “agriculture, rural areas and farmers”. The 11000 word document puts forward new requirements for rural reform and development and comprehensively promotes rural revitalization, Ensure the successful completion of the rural reform and development goals and tasks promised by 2020.
the first phase of 1.5 billion CBS of the central bank landed, and the bid winner exchanged BOC perpetual bonds for central bank bills
Since the central bank announced the creation of central bank bill swap (CBS) less than a month ago, the first phase of CBS was officially implemented. On February 20, the central bank announced that in order to improve the liquidity of bank sustainable bonds and support banks to issue sustainable bonds to supplement capital, the central bank will carry out the first phase of CBS operation in 2019 on the same day. The current operation volume is 1.5 billion yuan and the term is 1 year. This operation adopts the method of quantitative bidding and carries out public bidding for primary dealers of open market business. The winning institutions include joint-stock banks, policy banks, urban commercial banks and other banking institutions, as well as securities companies and other non banking financial institutions.
the stock market is higher and ready to increase its position? Several insurance companies said they would not adjust the annual strategic goal
A shares pick up. What is the trend of insurance capital as long-term capital and large capital? The reporter of the Securities Times found that a number of insurance institutions said that the overall strategic asset allocation objectives remained unchanged, the tactics would be adjusted according to market changes, and the specific space of each company was different. Many investment principals of insurance institutions said that the judgment of the stock market this year is that there will be structural opportunities and will actively invest in value. However, considering that there is still some uncertainty, they are still cautious in the future.
Sanquan Food Co.Ltd(002216) reply to the letter of concern of Shenzhen Stock Exchange: sealed problem dumplings worth 2.17 million yuan
After African classical swine fever virus was detected in the suspected dumpling products, Sanquan Food Co.Ltd(002216) (002216) received a letter of concern from the regulators. On the evening of February 20, the company replied that the sealed dumplings were worth 2.17 million yuan, and no African classical swine fever virus was found in other batches of products. On February 15, some media reported that the products of Sanquan, Jinluo, Kedi and other well-known Chinese meat products manufacturers were sampled and found to be suspected positive for African classical swine fever virus nucleic acid in Western Hunan and Jiuquan, Gansu. The event of “classical swine fever dumplings” has attracted extensive attention.
Securities Daily (special area)
No. 1 central document has repeatedly referred to the development of agricultural insurance “insurance + futures” pilot expansion of cotton growers and fruit growers and other benefits
In February 19th, No. 1 central document (on Several Opinions on adhering to the priority of agriculture and rural development and doing well in the work of agriculture, rural areas and farmers) comprehensively deployed various work in priority for agricultural and rural development, and referred to the development of agricultural insurance many times. Industry insiders believe that it contains a great opportunity for agricultural insurance innovation and will also promote agricultural insurance to continue to be bigger and stronger.
in January this year, the annualized yield of financial products fell across the board: P2P fell to 9.3% and the goods base fell to 2.88%
According to the data, in January 2019, the average annualized yield of bank financial products was 4.30% (excluding structural products, net worth products and foreign currency products), a decrease of 4bp compared with December 2018; The average income of trust financial products was about 8.73%, down 1bp month on month; After experiencing the rising market at the end of 2018, the yield of monetary fund products fell sharply in January 2019, and the yield fell 55bp to 2.88% month on month, callback to below 3%; In that month, the comprehensive yield of the online loan industry was 9.30%, down 3bp month on month.
A-Shares into Morocco or expansion of more than 400 billion yuan, incremental funds in sight
In September last year, MSCI released the consultation on further increasing the weight of A-Shares in MSCI index. The final result of the consultation is expected to be announced before March 1, 2019. Recently, MSCI responded that it would announce the market consultation results on whether to increase the inclusion factor of A-Shares from 5% to 20% before March 1.
* ST Kaidi corporate bonds may be suspended from listing and trading, with a sudden increase of RMB 1.587 billion in the fourth quarter of last year, resulting in huge losses
On February 18 and February 19, * ST Kaidi issued announcements twice in a row. As it is expected that the net profit attributable to the shareholders of the parent company will continue to suffer losses in 2018, the company’s publicly issued corporate bonds may be suspended from listing and trading in Shenzhen Stock Exchange. On January 31, * ST Kaidi disclosed the annual performance forecast for 2018. In 2018, the company will suffer a significant loss, and the net profit attributable to the shareholders of the listed company is expected to be – 5 billion yuan to – 6 billion yuan. According to the company’s report for the third quarter of 2018, the net profit in the first three quarters was -1.734 billion yuan.
people’s daily
No. 1 central document focuses on “three rural issues” continuously — a new progress in Promoting Rural Revitalization (authoritative publication)
“Document No. 1 of this year has released a clear signal of focusing on agriculture and grain, that is, stabilizing the area, output and policy. We will ensure that the sown area of grain is stable at 1.65 billion mu, and steadily improve the policies and measures to support grain production.” This year is the No. 1 central document in the new century, focusing on the “three rural issues” for sixteenth years in a row. The document must be completed in the “three rural” work in a well-off society.
economic reference daily
authoritative experts perspective the major signal of “three rural” reform
In February 19th No. 1 central document, the CPC Central Committee and the State Council, issued several opinions on adhering to the priority of agriculture and rural development and doing well in the work of agriculture, rural areas and farmers. The official announcement was that winning the battle against poverty is the priority among priorities, with the priority policy of agriculture and rural development as the guidance and the structural reform of the supply side of agriculture as the main line. We will promote a new round of rural reform under the guidance of the reform of the land system, make up for the shortcomings of rural infrastructure and public services, and solve the pain points of people’s livelihood… The hard task of “agriculture, rural areas and farmers” and the plan to tackle the difficulties of reform in this year and next are on paper.
52 new measures add weight to open up the “last mile” of tax reduction and fee reduction
The reporter of economic information daily learned from the State Administration of taxation that on February 20, the 2019 “convenient tax spring action” with the theme of “new tax · new service” was officially launched, and the opinions of the State Administration of Taxation on carrying out the “convenient tax spring action” in 2019 (hereinafter referred to as “opinions”) were released. This is also the sixth year that the national tax system has continuously carried out the “spring breeze action of facilitating people’s tax handling” since 2014.
21st Century Business Herald
No. 1 central document deploys rural land reform: the net income of land transfer will be over 30% .
In February 19th, the CPC Central Committee and the State Council issued several opinions on adhering to the priority of agriculture and rural development and doing well the work of “three rural issues” (hereinafter referred to as “opinions”), which is the No. 1 Central Document No. twenty-first since the reform and opening up, and the sixteenth guiding the work of agriculture, rural areas and farmers since the beginning of the new century. The opinions pointed out that this year and next will be the decisive period for building a well-off society in an all-round way, and there are many hard tasks that must be completed in the field of “agriculture, rural areas and farmers”.
the contracting of securities firm’s science and innovation board project has become a stock hot spot until next year
On February 20, the deadline for Soliciting Opinions on the six supporting business rules of the science and Innovation Board of Shanghai Stock Exchange ended, which also means that it is getting closer and closer to the node where the rules of the science and innovation board are issued, and the node where the exchange will accept the first batch of enterprise application materials will soon come. For securities companies, as the largest reform achievement of the capital market in recent years, the science and innovation board must participate in the science and innovation board market. The most core form of participation is holding the resources of enterprises to be listed on the science and innovation board.
