On Monday, February 11th, the main contents of today’s headlines are as follows:
Media name front page headlines
China Securities Journal fought fiercely for the “Spring Festival file” Internet giants to wrestle with the financial sector
Shanghai Securities News positive accumulation! A-Shares welcome the start of the year of the pig
The securities times made a net profit of more than 500 million last year! IPO underwriting “achievement” brokerage investment bank year-end award
Securities Daily science and Innovation Board pilot registration system capital market reform stands at a new starting point
The people’s daily broke a trillion yuan for the first time! Spring Festival consumption bright
The economic information daily Huimin gift bag is frequently distributed, and the consumption of Spring Festival has a “good start”
26 “giant engines” are behind the first financial daily wandering the earth
China Securities Journal ( zone
)
fierce battle “Spring Festival” Internet giants wrestle with the financial sector
As of the press time of China Securities Journal on the evening of the 10th, during the Spring Festival in 2019, the “red envelope war” of Internet companies represented by Baidu, Alibaba and Tencent (collectively known as bat in the industry) has spent more than 4 billion yuan. Different from the previous mobile payment scenarios, this year’s “red envelope war” highlights the “close combat” of bat and other Internet giants in the financial sectors such as consumer finance and wealth management.
the debt cow hesitates and institutions look forward to differentiated services
Although the power of capital side debt distribution still exists, many private placement, public offering and bankers interviewed by China Securities News recently have different opinions on the judgment of the bond market. Debt bull supporters believe that the market liquidity is still abundant and the stock market performance is still weak; Worriers believe that it will be more difficult to obtain excess returns in the bond market in the future.
during the Spring Festival holiday, the national tourism revenue increased by 8.2% year-on-year, and the consumer market was hot
On February 10, according to the data released by the Ministry of culture and tourism, according to the comprehensive calculation of China Tourism Research Institute, the total number of tourist reception in China during the Spring Festival holiday in 2019 was 415 million, a year-on-year increase of 7.6%; Tourism revenue reached 513.9 billion yuan, a year-on-year increase of 8.2%, and the cultural and tourism markets were prosperous and orderly. The Ministry of culture and tourism pointed out that tourism for the new year has become a new folk custom, and the attraction of traditional folk customs and folk culture is prominent.
there are few sales offices in Spring Festival buildings that are not “closed”
“During the Spring Festival, we arranged to be on duty, which is normal business, but basically two or three groups of customers come to see the house in a day.” The salesperson of a real estate on the South Third Ring Road in Beijing told the China Securities Journal that there were no preferential activities during and after the Spring Festival. In Xi’an City, Shaanxi Province, Nanjing City, Jiangsu Province, Xiangyang City, Hubei Province and other places, the reporter of China Securities Journal also found that the buildings known as “not closing during the Spring Festival” did not sell well during the Spring Festival. Most of the sales offices were empty, and the house prices remained stable as a whole.
Shanghai Securities News (special area)
good accumulation! A-Shares welcome the start of the year of the pig
A shares today ushered in the first trading day after the long Spring Festival holiday. Looking back on the closing battle of 1898, the market has five consecutive Yang on the weekly line, which has built a good trend for the new year. At the same time, there are frequent positive events before and after the Spring Festival holiday. In terms of capital, foreign capital continues to pour in. During the long holiday, the external market trend is stable, and the accumulation of positive events makes A-Shares expected to usher in a warm start.
how to solve the imbalance of financial supply in urban and rural areas? Treasury bonds go to the countryside to help Inclusive Finance
The Spring Festival is a special peak of cash return in a year and a peak sales season in the financial market. After saving hard money for a year, I went to the town bank to buy a “reassuring” product, which is becoming a new phenomenon during the rural Spring Festival in recent years. In Helin Town, Liangping District, Chongqing, the financial atmosphere here became hot as early as a week before the Spring Festival. A “national debt to the countryside to help rural revitalization” activity organized by Liangping branch of the people’s Bank of China and Liangping branch of Chongqing Rural Commercial Bank attracted many aunts and uncles who came to the market with baskets on their shoulders to stop.
a number of macro data were released this week, and export growth is expected to pick up
A series of macro data will be released this week. Among them, the General Administration of Customs will publish the import and export data of January on the 14th, and the National Bureau of statistics will publish the CPI and PPI data of January on the 15th. Analysts generally expect that CPI may rebound slightly year-on-year in January, and PPI may continue to decline.
spring exploration of the property market in the Yangtze River Delta with the word “stable” in house prices
During the Spring Festival of the year of the pig, the reporter visited the property market in some cities in the Yangtze River Delta during the holidays and found that under the continuous effect of regulatory policies, house prices in some cities around Shanghai did not rise or fall sharply. At present, the property market in the Yangtze River Delta remained stable. During the Spring Festival, many developers had certain house purchase discounts or held some preferential activities with home buyers to attract customers to see the house, But the overall market atmosphere is still relatively light.
Securities Times (special area)
last year, the net profit exceeded 500 million! IPO underwriting “achievement” brokerage investment bank year-end bonus
According to the statistics of IPO issuance in 2018, the reporter of the Securities Times found that among the 105 new shares listed last year, the underwriting of the remaining IPO shares contributed a net income of 519 million yuan to the investment bank. Among them, the net underwriting income of more than 10 new shares has accounted for more than 20% of the underwriting and recommendation income, Wuxi Apptec Co.Ltd(603259) accounting for 37.77%.
a number of A-share companies participated in the investment of wandering the earth
The box office exceeded 1.9 billion yuan in 6 days after release, and the “milestone of Chinese science fiction film” wandering the earth successfully counter attacked, becoming the box office champion of the 2019 spring festival film. The reporter noted that there are many A-share companies such as China Film Co.Ltd(600977) and Beijing culture behind wandering the earth.
the Supreme People’s court and the Supreme People’s Procuratorate jointly issued a document: implementation of the recognition standards for illegal trading of foreign exchange
Near the Spring Festival, the Supreme People’s court and the Supreme People’s Procuratorate (hereinafter referred to as “the Supreme People’s court and the Supreme People’s Procuratorate”) issued the interpretation on Several Issues concerning the application of law in handling criminal cases of illegally engaging in fund payment and settlement business and illegally buying and selling foreign exchange, which is scheduled to be officially implemented on February 1. This is another document of great significance after the Supreme People’s court and the Supreme People’s court just issued the opinions on Several Issues concerning the handling of criminal cases of illegal fund-raising on January 31.
Dongfang Jinyu Yizhu leads Lantian Qu Zhaoyu back?
Stepping on the tail of the lunar year of the dog, Dongfang Jinyu announced on the evening of February 1 that the shareholding structure of its controlling shareholder Xinglong industry will be changed. Zhao Ning and Wang Yingyan plan to transfer 100% of their shares of Xinglong industry to China Lantian Corporation (hereinafter referred to as China Lantian). After the transfer, China Lantian will indirectly hold 31.42% of the equity of Dongfang Jinyu, and the actual controller of the company will be changed to China Lantian.
Securities Daily (special area)
the capital market reform of the pilot registration system of the science and Innovation Board stands at a new starting point
As a newly established sector of China’s capital market, the plan of science and innovation board has been unveiled. The registration system, which affects the institutional reform of the capital market, has also taken an important step. With the consent of the CPC Central Committee and the State Council, the China Securities Regulatory Commission recently announced the “opinions on the implementation of the pilot registration system for the establishment of a science and innovation board in the Shanghai Stock Exchange”. At the same time, China Securities Regulatory Commission and Shanghai Stock Exchange also issued 8 draft for comments, including the administrative measures for the registration of initial public offering of shares on the science and Innovation Board (for Trial Implementation) and the review rules for the issuance and listing of shares on the science and Innovation Board of Shanghai Stock exchange. In the view of the industry, this not only shows the determination to vigorously promote the reform of the capital market, but also takes into account the balance between the pace of reform and market development. It is a major reform of China’s capital market and a milestone innovation. The registration system is not the end, but a new starting point of capital market reform.
24 measures to promote consumption have entered the implementation stage, and the contribution rate of consumption to GDP is expected to exceed 80%
Recently, the national development and Reform Commission, together with the Ministry of industry and information technology, the Ministry of Commerce and other ten ministries and commissions, jointly issued the implementation plan for further optimizing supply, promoting steady growth of consumption and promoting the formation of a strong Chinese market (hereinafter referred to as the implementation plan), which officially entered the implementation stage. It proposed 24 specific measures in six aspects to comply with the general trend of upgrading residents’ consumption, Further promote the formation of a strong Chinese market and better meet the people’s yearning for a better life.
the new development audit committee has obvious characteristics, and the transparency of IPO audit will be improved
Recently, with the election of 21 members of the development and Examination Commission, the 18th development and Examination Commission will begin to perform its duties. The revised Measures of the issuance Audit Committee of China Securities Regulatory Commission is also expected to be officially implemented in the near future. In September 2018, the CSRC started the renewal of the IEC and solicited public opinions on the revision of the measures of the issuance Review Committee of the China Securities Regulatory Commission. This revision mainly reduced the number of IEC members, mainly full-time members, enhanced the consistency and transparency of the audit process, and allowed members to participate in the preliminary review meeting.
Hubei Geoway Investment Co.Ltd(600462) closed 11 in a row and lost 255 million yuan in advance. Was the new actual controller really “pit” by the runaway subsidiary?
Hubei Geoway Investment Co.Ltd(600462) the performance forecast released on January 29 shows that the company’s performance loss in 2018 is 255 million yuan, an important reason is that the supply chain of its subsidiary Runtai is out of control. According to the on-site visit of the reporter of Securities Daily, the office address and branches of Runtai supply chain have been empty. The one storey office building it owns may face the fate of being auctioned. At present, Han Yue, chairman of the company, has been arrested on suspicion of illegally absorbing public deposits.
people’s daily
first break trillion yuan! Spring Festival consumption
The reporter learned from the Ministry of Commerce on the 10th that during the 2019 Spring Festival Golden Week, the national commodity market maintained steady and rapid growth. According to the monitoring of the Ministry of Commerce, from New Year’s Eve to the sixth day of the first month (February 4 to 10), retail and catering enterprises across the country achieved sales of about 1005 billion yuan, an increase of 8.5% over last year’s Spring Festival Golden Week.
economic reference daily
Huimin gift bags are frequently distributed, and spring festival consumption is “a good start”
On the eve of the Spring Festival, more than a dozen ministries and commissions have successively issued action plans to promote consumption, and many places have also successively sent out gift bags to benefit the people. The reporter of economic information daily learned that the central and local governments are still jointly deploying the action plan for consumption upgrading, which aims at the new growth points of medium and high-end consumption. Chongqing, Xi’an, Hainan, Shanghai and other places have proposed to speed up the construction of international consumption centers; Beijing, Nanjing, Chengdu and other 11 places will also spend a lot of money to build high-grade and international pedestrian streets, and strive to achieve an annual turnover of more than 100 billion yuan within three years.
multi Agency forecast: the year-on-year increase of CPI in January fell to 1.7% to 1.8%
The National Bureau of statistics will release the CPI and PPI data of January on February 15. Many institutions predict that prices will fall slightly in January, and the year-on-year growth rate of CPI will be 1.7% to 1.8%, lower than previous market expectations. Inflation is expected to rise again in the short and medium term in the future.
China’s economy will remain stable and Zhiyuan
There are many signs that the global economy will weaken and global policies will loosen. Specific to China, in view of the counter cyclical thinking and bottom line thinking that will be highlighted in the follow-up policies, China’s economic probability will continue to change in stability and worry in change in the lunar new year. On the whole, it will remain stable and far-reaching without stalling and going down.
China business daily
26 “giant engines” behind wandering the earth
In the “near future”, the sun is aging and expanding rapidly, and the earth is facing the disaster of being swallowed. In order to continue life, will you store all biological samples on the earth, abandon your home and flee the earth? Or will we build tens of thousands of planetary engines on the earth’s surface to promote the earth and embark on a 2500 year journey of wandering in the universe with a riddled earth and more than 3 billion humans who have won the migration qualification by drawing lots? Chinese people with strong feelings of home, country and hometown chose the latter, which is the film story of the same name that ignited the whole spring festival file and adapted from the novel wandering the earth by science fiction writer Liu Cixin.
global central banks cut interest rates in chorus, and the investment logic has changed this year
During the Chinese new year, the global market is full of waves. Yellen, former chairman of the Federal Reserve, mentioned the possibility of cutting interest rates, and the Asia Pacific Central Bank has taken action to prove that the “tide of cutting interest rates” has come. On February 7, the Central Bank of India announced a 25bp (basis point) interest rate cut; In the past week, the Australian Federal Reserve, the European Commission and the Bank of England have lowered their inflation and economic growth expectations, suggesting that easing is coming.
