China Securities Journal ( zone )
continue to deepen the reform of foreign exchange management and increase the two-way opening of capital markets
Since the 18th CPC National Congress, the State Administration of foreign exchange has successively launched a number of innovative institutional arrangements. In promoting the two-way opening of the capital market, the foreign exchange management reform and opening-up policy has achieved remarkable results. For example, supporting the listing of overseas enterprises, reforming the qualified institutional investor system, launching the interconnection between the two places, and implementing the mutual recognition of funds between the mainland and Hong Kong have all promoted the continuous improvement of the quality and efficiency of China’s foreign exchange management.
the three departments jointly further strengthen the law enforcement of the bond market. CSRC: actively and steadily carry out the unified law enforcement of the bond market
On the 3rd, the CSRC informed the relevant law enforcement work in the bond market, saying that the CSRC resolutely implemented the overall requirements of the CPC Central Committee and the State Council on the supervision of the bond market, performed the regulatory responsibilities entrusted by the securities law according to law, and severely cracked down on the illegal acts in the bond market. Since 2018, the CSRC has investigated and handled 6 illegal cases in the bond market, involving fraudulent issuance, false statements, market manipulation and other acts.
stock index futures trading adjustment quantitative strategy to meet the new situation A-share incremental capital is expected
The optimization and adjustment of the trading of stock index futures by CICC became a big positive for the market on Monday. Industry insiders believe that the optimization and adjustment of stock index futures will help bring incremental funds to the market. The reasons are as follows: first, the transaction cost has decreased and the overall attraction to funds has increased; Secondly, the improvement of derivatives hedging tools represented by stock index futures makes the market more mature as a whole, which will reduce the concerns about risk control after foreign capital enters a shares.
the receiver’s deep binding microblog was inquired about St Huiqiu’s high premium restructuring plan attracted attention
St Huiqiu announced on December 3 that Inmyshow Digital Technology (Group) Co.Ltd(600556) plans to obtain Ruilai Jiayu through agreement transfer, holding 46040100 shares of the company, accounting for 11.66% of the total share capital of the company. After the completion of the above share transfer, Inmyshow Digital Technology (Group) Co.Ltd(600556) will become the controlling shareholder of the company, and the actual controllers will be changed to Sina group and Li Meng. The Shanghai stock exchange immediately sent an inquiry letter asking the company to explain Inmyshow Digital Technology (Group) Co.Ltd(600556) ‘s profitability, operational independence, gross profit margin and other matters.
Shanghai Securities News (special area)
in November, Caixin’s manufacturing PMI rebounded beyond expectations, and the effectiveness of private enterprise rescue measures became more and more obvious
Recently, a series of private enterprise rescue measures are showing results. A strong proof comes from the unexpected rebound of Caixin manufacturing PMI in November. Caixin’s data released yesterday showed that in November, Caixin’s China Manufacturing Purchasing Managers’ index (PMI) was 50.2%, up 0.1 percentage points from the previous month, better than previous market expectations.
private enterprises welcome the “timely rain” and all localities take positive actions to clear the accounts owed to private enterprises
Hunan, Jiangsu and other local governments have recently issued notices to actively take measures to settle the arrears of private enterprises. Recently, the central government demanded that some local governments and large enterprises take advantage of their advantageous position to bully the small and default on the payments of private enterprises. Subsequently, all departments took active action to comprehensively find out the arrears of private enterprises.
nearly 20 banks are preparing to build financial subsidiaries and face three challenges in the future
With the official release of the administrative measures for financial management subsidiaries of commercial banks, there will be rules for commercial banks to prepare for the establishment of financial management subsidiaries. According to the reporter, at present, 19 Commercial Banks in the market have disclosed that they plan to set up financial subsidiaries, and many banks plan to submit preparation applications to the CBRC in the near future.
Macquarie’s trading has been suspended for nearly half a year, and the trading has still fallen by the limit
Maizeer, which had been suspended for nearly half a year, finally resumed trading on December 3. On that day, the company’s shares “fell by the limit”, which was quite similar to the sharp decline of 9.63% on the trading day before the suspension. In fact, the ultra long suspension did not settle the dust of the acquisition. Macquarie announced in the evening of December 2 that after the resumption of trading, the company’s plan to purchase 40.63% equity of handle e-commerce will still be promoted. Since the transaction scheme has not been finalized, the scope of the underlying assets may be adjusted.
Securities Times (special area)
in the first three quarters, the balance of small and micro loans increased quarter by quarter, accounting for nearly 20%
The recent data of the CBRC in the third quarter revealed how much the bank has supported the customer base of small and micro enterprises mainly private enterprises. Data show that by the end of September this year, the loan balance of Chinese banks for small and micro enterprises was 24.54 trillion yuan, accounting for 19.63% of its total loan balance of 124.99 trillion yuan.
ethylene glycol futures adopt a variety of delivery methods
On December 10, ethylene glycol futures will be listed in Dalian Commodity Exchange. As an important variety in the energy and chemical industry chain, the delivery standard and delivery mode of ethylene glycol futures have attracted the attention of all parties in the market. In 2017, the global output of ethylene glycol was 26.82 million tons and the global consumption was 27.03 million tons, of which 87% was used to produce polyester. The output and demand were relatively balanced.
12.1 billion yuan! The net purchase of northbound funds hit a record high
Stimulated by the good news over the weekend, the three major A-share indexes opened sharply higher on December 3, led by technology stocks and large consumer sectors. Against this background, the Shanghai capital and Shenzhen Stock Exchange Baijiu bought a net capital of over 12 billion 100 million yuan, which has reached a new high level since its opening.
new continent will lose 42 million {234567
On the evening of December 3, new continent a announced that the company planned to transfer 22.9885% of the equity of Italian San Lorenzo Yacht Company (SL) to MP, the controlling shareholder of the company, or a third party designated by it, at a transfer price of 22.8 million euros. The sale will recover about RMB 178 million for Xindazhou a (refer to the exchange rate on December 3), but it will lead to a loss of about RMB 42 million for the listed company.
Securities Daily (special area)
the Ministry of finance has issued 24 documents to the local authorities in advance to issue funds of 2.1 trillion yuan
In 2019, the release of central financial funds in advance was accelerated. According to the reporter’s statistics, since October 31, as of December 2, the Ministry of finance has issued 24 documents in a row, releasing 2119.528 billion yuan of funds to local governments in advance. In addition to the 12 documents issued by the Ministry of finance to the local government in advance of 1960.148 billion yuan in the 21 days from October 31 to November 20, the Ministry of Finance issued 12 documents in succession to the local government in the 12 days from November 21 to December 2.
fentanyl anesthetic market is regulated, and more than 10 companies such as Sinopharm and Lizhu are busy getting rid of
Fentanyl is not known to the public as an anesthetic analgesic, but it has become popular due to the government’s strengthening supervision. Analysts believe that this means that enterprises or individuals selling fentanyl to the United States will be severely punished, which will have an impact on the export of relevant enterprises. However, after the announcement of this matter, more than 10 A-share pharmaceutical enterprises, including Hyundai pharmaceutical, Jiangsu Nhwa Pharmaceutical Co.Ltd(002262) , Humanwell Healthcare (Group) Co.Ltd(600079) , have issued announcements to clarify that there is no export to the United States.
following the “78 articles” of the four major banks, small and medium-sized banks have successively issued policies to support private enterprises
After the four major banks successively issued policies to support private enterprises in mid November, in the last week, Industrial Bank Co.Ltd(601166) , China Citic Bank Corporation Limited(601998) and other joint-stock commercial banks have also introduced measures to support private enterprises. According to the reporter’s statistics, at present, the proportion of bank loans to private enterprises accounts for more than 30% of the new loans, and there is still a gap between most of them and 50%.
LETV is an asset of nearly 100 million yuan. LETV has been sealed up seven times and listed as a dishonest executee
Recently, the reporter of Securities Daily learned from the civil ruling of Beijing No. 1 Intermediate People’s court that the court has recently ruled to seal up, detain or freeze the property of three LETV companies with a value of 90.022 million yuan. So far, LETV has been listed as a dishonest person, involving a total of 7 cases.
