On Monday, January 28th, the main contents of today’s headlines are as follows:
Media name front page headlines
China Securities Journal Yi Hui’s new role and new journey
Shanghai Securities News and CSRC “Yi Shuai” is not far from the capital market
The burden of the securities times will be heavier than the “cosmic line”
Securities Daily Yi will be the full chairman of the CSRC, and all parties in the market are full of expectations
The people’s Daily’s inclusive tax reduction policy must be that more than 95% of enterprises can enjoy preferential treatment in three years (policy interpretation)
The economic information daily took swift action at the beginning of the new year. The new deal stepped up the implementation of a larger scale tax reduction “full speed”
China Securities Journal ( zone )
Yi Huiman’s new role and new journey
At a time when the internal and external economic environment is more complex and the reform has entered the deep-water area, it is particularly important to maintain strategic concentration and enhance development confidence in the reform and development of the capital market. Yi Huiman will face many new challenges.
mainstream manufacturers will push folding screen mobile phones, and the prospect is uncertain due to many factors
Recently, Xiaomi and Rouyu fought a “war of words” around collapsible screen mobile phones. China Securities Journal reporter learned that in 2019, Samsung, Huawei and other mainstream mobile phone manufacturers will launch collapsible screen mobile phones. However, insiders pointed out that due to the low yield, high cost and insufficient output of foldable screen mobile phones, foldable screen mobile phones are still in the concept stage, the shipment may not be large, and the market prospect still needs to be observed.
the capital side began to improve marginally
The stock market shock in 2018 makes institutional investors choose to face 2019 with a more cautious attitude. However, even with full expectations of the pressure on market fundamentals, some fund managers pointed out that the current market policy and capital have begun to improve marginally, and the resulting structural opportunities deserve attention. Especially benefiting from the switching of China’s economic momentum, the continued inflow of foreign capital will be a long-term trend. It is expected that high-quality growth core assets represented by advanced manufacturing will benefit from this process.
st Kangde’s newly 4 billion yuan property was frozen and sealed up, and the production and operation of the plant was still normal
St kangdexin’s debt crisis continued to ferment. On the evening of January 27, the company announced that recently, affected by the company’s debt default, the property of the company and its subsidiaries of RMB 1.894 billion was sealed up locally, the raised funds of RMB 600 million were forcibly transferred by the bank, and the raised funds of RMB 1.5 billion were frozen. On January 24, the reporter of China Securities Journal also visited kangdexin photoelectric materials Co., Ltd. located in Zhangjiagang Free Trade Zone. According to many employees, the company is still in normal production and operation, but recently wages have not been paid on time, and some factories have been shut down.
Shanghai Securities News (special area)
Yishuai of CSRC is not far from the capital market
“Very pragmatic and modest. Quick thinking, bold in doing things, proficient in profession and dare to take responsibility.” A person from a business department of ICBC said that Yi would be full. In recent years, facing the complex economic and financial situation outside China, Yi Huiman led ICBC to vigorously promote the reform of credit system and compact the quality of assets; Actively embrace the Internet and promote financial science and technology innovation; Steadily promote the internationalization strategy and optimize the layout of overseas institutions; Attach importance to talent training and vigorously promote young and promising cadres; Focusing on the guidance of Party building, ICBC’s party building work was highly praised.
the strongest consumption momentum in 2018 is released. Can it continue to be hot in 2019?
Recently, the Ministry of Commerce has given the answer to the report on the operation of China’s consumer market in 2018 – new energy vehicles. In 2018, the annual sales of Shanxi Guoxin Energy Corporation Limited(600617) motor vehicles were 1256000, a year-on-year increase of 61.7%. This is a rare ultra-high growth in major consumer goods last year, and it was completed under the background of annual interruption and cliff like decline in automobile sales. It can be seen that the power is strong.
Harvest Fund Chen Zhi: A-Shares are expected to usher in long-term layout opportunities
In 2019, with the stabilization and rebound of the A-share market, the “seesaw” pattern of the stock bond market is expected to be broken. In the new year, how to judge the market opportunities and risks and make rational allocation? The reporter interviewed Chen Zhi, investment director of harvest fund asset allocation investment research center. He believes that internal and external uncertainties still exist, which support the bond market; But on the other hand, A-shares that fell to the bottom of history are also expected to usher in long-term layout opportunities.
shareholders suspected of illegal increase of holdings and short-term transactions who like to raise their cards masked were filed for investigation
Duolik recently announced that its shareholders holding more than 5% previously, guoya financial holding Capital Management Co., Ltd. (hereinafter referred to as “guoya financial holding”) and Shanghai Junsheng Asset Management Co., Ltd. (hereinafter referred to as “Shanghai Junsheng”) respectively received the investigation notice from the CSRC on January 24. According to the notice of investigation, because guoya financial holding and Shanghai Junsheng are suspected of illegally increasing their holdings and short-term trading of “multi favorite” stocks, according to the relevant provisions of the securities law, the CSRC decided to file a case for investigation against guoya financial holding and Shanghai Junsheng.
Securities Times (special area)
Yi Hui’s burden will be heavier than taking charge of the “cosmic walk”
Yi Huiman, former Industrial And Commercial Bank Of China Limited(601398) chairman, has since become the ninth chairman of the CSRC. It is generally believed that from taking charge of the “cosmic bank” with an asset scale of up to 27 trillion yuan to taking the helm of China’s capital market, Yi will bear a heavier burden than taking charge of the “cosmic bank”. Many market participants have expressed their views and suggestions on the Internet, including the marketization of new share issuance, ensuring the implementation of the pilot of science and innovation board and registration system as soon as possible, preventing and resolving capital market risks, etc. For example, Guan Qingyou, President of the Financial Research Institute, said that capital market supervision should be managed according to law, achieve sunshine, transparency and standardization, promote the reform of registration system and delisting system, and let the capital market really play a driving force for China’s economic transformation and upgrading.
Shanghai will support the establishment of science and innovation board and the implementation of pilot registration system
The second session of the 15th Shanghai Municipal People’s Congress opened yesterday. Ying Yong, mayor of Shanghai, delivered a government work report on behalf of the Shanghai Municipal People’s government. Ying Yong pointed out that Shanghai’s GDP is expected to grow by 6% ~ 6.5% in 2019. In 2019, Shanghai will further promote the construction of the pilot Free Trade Zone, add new areas of the pilot Free Trade Zone, promote the establishment of the science and innovation board in the Shanghai Stock Exchange and pilot the registration system, and fully implement the national strategy for the development of regional integration in the Yangtze River Delta.
19 securities companies invested only RMB 8.5 billion, and the landing is still lower than expected
At the end of October last year, the China Securities Association organized and held a meeting of the sponsors of the “series of asset management plans for the securities industry to support the development of private enterprises”, and the curtain of the securities industry helping private enterprises and alleviating the risk of equity pledge was officially opened. All securities companies responded to the regulatory call, quickly completed their capital contributions and actively promoted the implementation of the asset management plan. In terms of data, in the past three months, 50 securities companies have promised to invest a total of 54.5 billion yuan, but only 19 securities companies have invested in specific projects, with a total investment of nearly 8.5 billion yuan.
re explosion of Gaosheng Holdings: illegal guarantee surged to 1.9 billion, and the actual controllers were shelled
When the four directors stationed by the actual controller Webster family were jointly proposed to be dismissed by nine shareholders, Gaosheng holdings disclosed the progress of external guarantee and capital occupation, and the amount increased significantly. In addition to the four directors proposed to be removed to ensure the authenticity of the announcement, other directors and independent directors expressed their opinions and shelled the Wechsler family.
Securities Daily (special area)
Yi will be the full chairman of the CSRC. All parties in the market are full of expectations
Insiders generally expect that the science and Innovation Board will become the first work of Yi Huiman after taking office. Recently, the system work meeting of CSRC has been held, and it is believed that the key work of capital market in 2019 has been clarified. Many institutions believe that the CSRC will continue to comprehensively promote the reform of various basic systems. In addition, it will be important to deepen the reform of the gem and the new third board, optimize the refinancing system, deepen the reform of market-oriented M & A, promote more medium and long-term funds to enter the market, improve the trading system, and further improve the opening-up level of the capital market.
SASAC encourages foreign capital to participate in the reform of state-owned enterprises. Insiders suggest making capital in and out arrangements
Recently, SASAC and 11 central enterprises went to Davos, Switzerland to attend relevant activities of the 2019 annual meeting of the world economic forum. With the theme of “globalization 4.0: building a global architecture in the era of the fourth industrial revolution”, the forum discussed how to deal with the opportunities and challenges faced by economic globalization and the fourth industrial revolution.
the Academy of Social Sciences released the monthly report on housing: the decline of house prices slowed down and transactions in key cities continued to pick up
Recently, the housing big data project team of the Institute of financial strategy of the Chinese Academy of Social Sciences and the Joint Laboratory of housing big data released the monthly analysis report on the development of China’s housing market in January 2019. The report believes that the decline of house prices is slowing down, and the transactions in key cities continue to pick up. At the same time, the report suggests that “housing without speculation” is still the premise of housing policy under the new situation. The policy can be fine tuned according to the changes of market situation, so as to make the real estate policy system more scientific and reasonable, and steadily promote the market entry of operating collective land, pre-sale of future houses, lease purchase right Major institutional reforms in housing related fields such as the integration of basic public services.
Shenzhen Hirisun Technology Incorporated(300277) the major shareholder’s equity transfer balance of more than 400 million yuan is difficult to cash, and the daily liquidated damages are 160000 yuan
Since the announcement on arbitration involving Shenzhen Pangu Tiandi Investment Management Co., Ltd. (hereinafter referred to as “Pangu Tiandi investment”), the controlling shareholder of Shenzhen Pangu Tiandi Industrial Investment Co., Ltd., the largest shareholder, was released on January 11 Shenzhen Hirisun Technology Incorporated(300277) , its share price has continued to weaken. As of the closing on January 25, the share price fell 6.3%, in sharp contrast to the rebound trend of the market.
people’s daily
the inclusive tax reduction policy must be that more than 95% of enterprises can enjoy preferential treatment in three years (policy interpretation)
The Ministry of Finance and the State Administration of Taxation recently issued a notice clarifying the inclusive tax reduction and exemption policy for small and micro enterprises, and the implementation period of the policy is from January 1, 2019 to December 31, 2021. Relevant persons in charge of the tax administration department of the Ministry of Finance and the policy and regulation department of the State Administration of Taxation interpreted the contents related to the inclusive tax reduction of small and micro enterprises.
economic reference daily
multi sectoral rapid action at the beginning of the new year, the new deal stepped up the implementation of a larger scale tax reduction “full speed”
More massive tax cuts are being pushed forward. In the first three weeks of January this year alone, a number of new policies for tax reduction and fee reduction have been implemented, and the finance and taxation departments have successively issued more than 10 policy rules and interpretation documents related to tax reduction, covering inclusive income tax for small and micro enterprises, exemption of value-added tax for small-scale taxpayers, individual partner tax preference for venture capital enterprises, Shenzhen Agricultural Products Group Co.Ltd(000061) wholesale market real estate tax, etc.
the local two sessions issued an action plan for consumption upgrading aiming at the potential of domestic demand
The local two sessions focus on tapping the potential of domestic demand, and are successively issuing action plans for consumption upgrading. The reporter of the economic information daily learned that recently, the government work reports of the two sessions in many places have made policy arrangements on how to further give play to the pulling role of consumption on the economy: making up for weaknesses, superimposing and excavating new kinetic energy, and clearly put forward the growth target of the total retail sales of social consumer goods in 2019.
the repayment period is near, and real estate enterprises intensively issue bonds to “replenish blood”
The financing plans of real estate enterprises broke out intensively. According to the statistics of Zhongyuan Real Estate Research Center, since January 2019, as of January 24, relevant real estate enterprises have announced nearly 60 financing plans, with a total financing amount of more than 150 billion yuan, breaking the monthly high of financing in more than a year.
