China Securities Journal ( zone )
the “episode” at the end of the year is difficult to change, and the capital is stable and the “main melody”
The economy is under pressure, the monetary policy is easy to loosen but difficult to tighten, and the liquidity is generally worry free. However, recently, the deposit certificate interest rate has continued to rise, and the one-month Treasury fixed deposit interest rate is significantly higher, highlighting the impact of the year-end index assessment. In previous years, the fluctuation of funds at the end of the year is inevitable, the pressure is about to appear, and the central bank may act at any time. The agency believes that the expiration of MLF this week is not only an opportunity for the central bank to invest cross-year funds, but also an important window to observe the attitude of monetary authorities.
institutions settled in ICBC Shanghai 50ETF, and the competition of 10 billion ETF intensified
On December 7, ICBC Credit Suisse fund established ICBC Credit Suisse SSE SSE 50ETF with a scale of RMB 11.35 billion, becoming the second largest SSE 50ETF in the market and ranking 10th in the scale of equity ETF. Zhao Xu, deputy director of the investment department of ICBC Credit Suisse fund index investment center and fund manager of ICBC SSE 50ETF, said that ICBC SSE 50ETF is an important supplement to the company’s passive product line and meets the needs of investors for mainstream blue chip tool products.
Subsidiaries of gradually adjust the structure of bank financial management
The reporter visited a number of bank outlets in Beijing and learned that under the promotion of the new asset management regulations, the financial products sold by banks have changed significantly, the net worth products, low starting point and long-term restricted products have increased significantly, and the cash products of the commodity base are favored by investors. In the long run, the financial subsidiary will promote the net worth of financial management, accelerate the reconstruction of product line, and gradually develop equity, mixed and derivative financial products from fixed income financial management.
ethylene glycol futures trading is active, and industrial customers actively participate in
Ethylene glycol futures was officially listed on December 10, 2018. On the listing day, there were six contracts: eg1906, eg1907, eg1908, eg1909, eg1910 and eg1911. The listing benchmark price was 6000 yuan / ton, and the rise and fall limit on the first day of listing was 8%. As of the closing of the day, the main contract eg1906 was reported at 5674 yuan / ton, with a decrease of 5.43% and an amplitude of 2.84%. The trading volume on the day exceeded 674700 hands and the position exceeded 69500 hands, with a difference of 150 yuan / ton with China’s spot price. The trading of ethylene glycol futures was active on the day of listing, with an inflow of 221 million yuan on the day.
Shanghai Securities News (special area)
looking for industry leaders with rapid growth! The annual net profit of 170 companies will double
2018 is coming to an end, and the annual performance of listed companies is also beginning to show signs. According to statistics, up to now, a total of 1218 companies have predicted the annual performance, of which 781 are pre happy, accounting for 64.12%. From the perspective of industry distribution, the performance of chemical industry, mechanical equipment, electronics, medicine and biology is eye-catching. Although some industries have a high profit base, their leading enterprises still maintain steady growth due to their advantages in the industry.
at the end of the year, the smoke of taking deposits reappeared. Small and medium-sized banks are “hungry” for long-term deposits
From the overall deposit data, the deposit pressure of the banking industry is still not small this year. According to the financial statistics report of the people’s Bank of China as of the end of October, RMB deposits increased by 353.5 billion yuan in October this year, a year-on-year decrease of 702.6 billion yuan. Among them, household deposits decreased by 334.7 billion yuan and non-financial enterprise deposits decreased by 600.4 billion yuan. The reporter learned from the industry that recently, banks have begun to raise the interest rate of large certificates of deposit. At the same time, compared with previous years, the time deposit interest rate of small and medium-sized banks has generally risen all the way, grabbing the “cake” of ordinary deposits together with big banks.
On the eve of the arrival of 5g, base stations are being built everywhere
The Ministry of industry and information technology issued a document on the 10th that the license for the use of low-frequency test frequency in 5g system has been issued. Next, the Ministry of industry and information technology will actively guide all basic telecom operators to deploy base stations for 5g system test, so as to promote the healthy and rapid development of China’s 5g industry.
the two companies plan to issue convertible bonds to buy back positive shares, which is a “boost”
With the implementation of relevant new regulations, there are more and more cases of issuing convertible bonds for share repurchase. In terms of market performance, repurchase by issuing convertible bonds has a positive impact on the secondary market. Yesterday Tunghsu Optoelectronic Technology Co.Ltd(000413) disclosed the plan for issuing convertible bonds. After the disclosure of the plan, the stock price of positive shares was significantly boosted.
Securities Times (special area)
the four ministries and commissions issued the action plan to improve the charging support capacity of new energy vehicles
In order to accelerate the planning and construction of charging infrastructure, the national development and Reform Commission, the national energy administration, the Ministry of industry and information technology and the Ministry of Finance recently formulated the action plan for improving the charging support capacity of new energy vehicles, put forward six key tasks, and strive to significantly improve the charging technology level, improve the product quality of charging facilities and accelerate the improvement of the charging standard system in three years, Comprehensively optimize the layout of charging facilities, significantly enhance the connectivity of charging networks, quickly upgrade the service quality of charging operation, and further optimize the development environment and industrial pattern of charging infrastructure.
crazy cement: price and profit hit a record high
Different from the market situation in which China’s steel prices plunged sharply in November, cement prices have continued the strong trend since September and continue to refresh historical highs. The reporter learned that at present, China’s p.o42 5. The average price of bulk cement has reached 540 yuan / ton, with a maximum increase of nearly 40% during the year. In the context of peak shifting production and supply reduction, in early December, the supply of China’s cement market once reached a nearly five-year low, and the profit level per ton of enterprises reached more than 200 yuan, a record high.
the debt base is approaching the 2 trillion mark, the goods base is stagnant and the mixed base is shrinking
On December 10, the public offering industry data released by China Securities Investment Fund Industry Association showed that although the stock market continued to adjust the pattern and the scale of hybrid funds shrank seriously in October, the public offering scale increased by 70 billion yuan to 13.43 trillion yuan in a single month under the growth of goods based and debt based scale and the contrarian increase of stock ETF scale.
Ali’s increased stake in Ali film, and the film and television industry should go out of the cold winter?
Alibaba and Alibaba Film Group Co., Ltd. jointly announced on December 10 that Alibaba Group will increase its stake in Alibaba film (01060. HK), from the current 49% to about 50.92%.
Securities Daily (special area)
occupational annuity refresh “progress bar” and “long money” can enter the market
Industry insiders said that at present, the pace of promoting occupational pension is different in different regions. Due to different specific conditions in different regions, each bidding needs to “adjust measures to local conditions”. At the end of the year, the progress of the bidding of occupational annuity in various provinces and cities has accelerated, which means that the employment of occupational annuity has taken another substantial step. When occupational pension is implemented, the market should see more optimization of the A-share market structure than a significant increase in capital supply in the short term.
dual equity structure stocks will be included in Hong Kong stock connect next year
On December 10, Li Xiaojia, chief executive of the Hong Kong stock exchange, said in Hong Kong that it is a positive policy for the Shanghai Shenzhen Hong Kong stock exchange to reach a consensus on the inclusion of the shares of relevant companies with the same shares and different ownership structures into the Hong Kong stock connect. The details are being planned and will be announced in the middle of next year.
insurance companies raised 18.6 billion yuan during the year, and 8 listed companies took the lead in universal insurance out of their own funds or traditional life insurance accounts
Insurance capital reappears the tide of raising cards at the end of the year. According to the information statistics disclosed by China’s insurance industry, since this year, seven insurance companies have raised their cards and eight companies, with a total cost of 18.6 billion yuan. However, it is noteworthy that this year’s placards of insurance companies are different from those in previous years: first, the placards of insurance companies have changed from small and medium-sized insurance companies to large insurance companies; Second, the source of funds for placards has changed from the previous universal insurance and other insurance accounts to self owned funds and traditional life insurance accounts.
in order to protect the shell and falsely increase the steel trade income, St Yangfan was punished by the CSRC
Last night, St Yangfan issued an announcement on receiving the decision on administrative punishment of the CSRC, disclosing a past that has been tangled for several years. According to the announcement, as early as 2014, the company received the investigation notice from the CSRC and the notice of punishment selection from the CSRC at the end of 2016. On December 10 this year, the company received the punishment decision.
