China Securities Journal ( zone )
in November, the year-on-year increase of CPI and PPI both fell, and the driving force for the rise of price level next year is insufficient
According to the price data released by the National Bureau of statistics on the 9th, in November, CPI increased by 2.2% year-on-year, down 0.3 percentage points from the previous month; PPI rose 2.7% year-on-year, down 0.6 percentage points from the previous month. Experts believe that next year’s rising price level is insufficient, the trend of CPI and PPI tends to decline, and inflation is expected to remain moderate, which will not restrict the operation of monetary policy.
PPP regulations are expected to be issued before the end of the year to support the recovery of infrastructure investment
The reporter of China Securities Journal learned from authoritative sources that the regulations on government and social capital cooperation in infrastructure and public services (hereinafter referred to as “PPP regulations”) will be issued before the end of the year. Experts believe that the introduction of PPP regulations and other measures will further improve the PPP policy system, help PPP projects improve quality and efficiency, and promote the recovery of infrastructure. In the future, the warehousing of PPP projects is expected to be further standardized, the landing speed will be accelerated, and focus on people’s livelihood, ecological and environmental protection and other short board projects.
selling houses, land and assets several ST companies are expected to turn losses into profits
According to the data, as of December 9, 1222 A-share listed companies had disclosed the annual performance forecast of 2018, and 784 were in advance, with a proportion of 64.16%. Controlling costs while raising product prices is the main reason for some companies to achieve brilliant performance. In addition, a number of ST companies turned losses by selling assets, especially real estate.
Beijing Orient Landscape & Environment Co.Ltd(002310) the actual controller transferred 5% shares of RMB 1.014 billion
On the evening of December 9, it was announced that he qiaonu and Tang Kai, the actual controllers of the company, signed the share transfer agreement with Yingrun Huimin. He qiaonu transferred 82.9357 million shares of the company (accounting for 3.09% of the total share capital of the company) and Tang Kai transferred 51.3374 million shares of the company (accounting for 1.91% of the total share capital of the company), totaling 134 million shares (accounting for 5.00% of the total share capital of the company) to Yingrun Huimin. The transfer price totaled rmb1014 million.
Shanghai Securities News (special area)
OPEC’s production reduction “boots” landed in the crude oil market or moved towards balance
The “boots” of the organization of Petroleum Exporting Countries (OPEC) to reduce production landed on December 7. On the same day, OPEC and non OPEC oil producing countries reached an agreement and decided to reduce the average daily production of crude oil by 1.2 million barrels from January 2019, with a preliminary set period of 6 months. According to this agreement, two-thirds of the production reduction amount is borne by OPEC member states, and the rest is shared by 10 non OPEC oil producing countries such as Russia. Industry insiders believe that if the production reduction agreement can be faithfully fulfilled, the later crude oil market may move towards balance.
the average daily closing position is only 40 million yuan, and the risk of stock pledge has been effectively curbed
On December 8, sun nianrui, deputy director of the supervision department of listed companies of the CSRC, said at the 2018 China Private Enterprise Summit Forum that the system and mechanism for resolving the risk of stock pledge coordinated and guided by the financial management department, promoted by the local government and responded by all parties in the market have been preliminarily established. At present, the average daily closing scale of stock pledge of major shareholders of listed companies is only 40 million yuan (disposed by securities companies), and the potential secondary market risk has been effectively curbed. However, whether the financing can be repaid when it expires is still an unavoidable problem in 2019.
there was a strange scene in the bear market: smart money kept buying “hot money”!
In the valuation bottom area of the A-share market, smart money continues to pour in and buy burst funds. ICBC Credit Suisse announced on December 8 that its SSE 50ETF was established, raising a total of RMB 11.35 billion, becoming the fifth ETF product with an initial scale of more than 10 billion in the year. It is worth noting that the total number of effective subscriptions for the above products is only 8037, which means that the average subscription per household is as high as 1.412 million yuan. Industry insiders believe that from the perspective of the scale of million per household subscription, it is undoubtedly a large number of institutional funds.
from “wool party” to “Taobao guest”, the good days of earning tens of thousands of yuan a month are almost gone!
“Double 11” express has just signed, “double 12” Alipay red envelopes have been flying everywhere. Unlike the previous Alipay family, this year’s “double 12” UnionPay cloud flash payment has also been slashed into the main battlefield. Heavy gold has been launched to launch “double 12 pay, and the UnionPay pays half” for you. Before the “double 12” war began, it had been watched by the “wool party”. In the cloud flash payment activity last year, the “wool party” made 4000 yuan a night with 200 bank cards.
Securities Times (special area)
the exchange closely watched the related party transactions and was asked to buy and sell assets at the end of the year
Last week, the Shanghai and Shenzhen stock exchanges issued a total of 29 inquiry letters, up slightly from the previous week. According to the statistics of the reporter of the securities times, at the end of the year, Hangzhou Gaoxin Rubber & Plastic Materials Co.Ltd(300478) , Shanshan holdings, Inner Mongolia Eerduosi Resources Co.Ltd(600295) , Tongling Jingda Special Magnet Wire Co.Ltd(600577) and other related party transactions with controlling shareholders frequently occurred. The exchange paid great attention to the evaluation of high premium, procedural compliance, impact of sustainable operation and other issues.
the volume purchase policy has attracted attention, and more than 800 institutions have investigated Lepu Medical Technology (Beijing) Co.Ltd(300003)
The implementation of the volume purchase policy “stirred” A shares. On December 6, the “4 + 7” urban volume procurement led by the National Medical Insurance Bureau opened the bid in Shanghai. As the pre bid winning purchase price fell more than expected, pharmaceutical stocks plunged across the board in the afternoon of the same day, with the generic pharmaceutical sector bearing the brunt. From December 6 to 7, the market value of A-share Shenwan pharmaceutical and biological sector evaporated more than 200 billion yuan.
there are four reasons why banks intensively disclose huge fixed growth and urgently supplement capital
In the view of insiders, the issuance of bank convertible bonds is not ideal or even difficult. Banks actively expand new business, especially the intensive establishment of new financial management subsidiaries in recent months. At present, banks strongly support the credit expansion brought by the real economy and small and micro loans, as well as the higher requirements for bank capital adequacy after the transition period of commercial bank capital management methods, This gives banks an urgent need for capital replenishment.
companies with the same shares and different rights can be included in the general standard of Hong Kong stocks next year
Yesterday, the Shenzhen Stock Exchange, the Shanghai Stock Exchange and the Hong Kong Stock Exchange jointly issued a notice. In order to further optimize the interconnection mechanism and promote the coordinated development of the mainland and Hong Kong capital markets, the Shanghai Shenzhen Hong Kong Stock Exchange has reached a consensus on the specific scheme for companies with different voting rights structures to be included in the Hong Kong stock connect. Next, the three exchanges will speed up the formulation of relevant rules and announce them to the market after completing the necessary procedures. It is expected that the rules will come into force in mid-2019.
Securities Daily (special area)
68 outcomes of the China France high level economic and financial dialogue
Recently, the Sixth China France high level economic and financial dialogue was held. During this dialogue, focusing on the theme of “building a close and lasting China France comprehensive economic strategic partnership”, the two sides had in-depth exchanges on the macroeconomic situation and global economic governance, economic, trade and investment cooperation, agriculture, advanced manufacturing, large project cooperation and connectivity, financial cooperation and other topics, and reached 68 mutually beneficial and win-win results.
the governments of many places in the “talent show” of the science and innovation board have completed a round of rehearsal
Over the past month or so, there is no doubt that the Sci-tech Innovation Board has become one of the most concerned focuses of the market. In particular, the listing standards and launch time of science and Innovation Board enterprises have become a hot topic among all parties. At present, there is no authoritative statement on what type of enterprises can go on the science and innovation board. However, in the view of the industry, the recent statements made by the senior management of the Shanghai Stock Exchange deserve attention.
Shenzhen series index adjusted sample stock
Recently, according to the index preparation rules, Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. regularly adjusted the sample stocks of Shenzhen composite index, Shenzhen 100, small and medium-sized board index, gem index, small and medium-sized innovation and other Shenzhen series indexes, which will be officially implemented on the first trading day in January 2019.
the organization surveyed 83 companies in two fields in five days or welcomed the repair opportunity
According to the statistics of the market research center of Securities Daily, in the five trading days since December, a total of 83 companies have received research from fund companies, securities companies, sunshine private placement, insurance companies, overseas institutions and other institutions. Among them, securities companies have become the main force in the research of A-share institutions, and the number of companies participating in the research has reached 69.
