China Securities Journal ( zone )
the measures for the administration of financial management subsidiaries of commercial banks are issued. Domestic and foreign financial institutions can participate in the establishment of financial management subsidiaries
According to the relevant requirements of the guiding opinions on standardizing the asset management business of financial institutions and the measures for the supervision and administration of financial management business of commercial banks, the cbcirc has formulated the measures for the administration of financial management subsidiaries of commercial banks, which will be implemented from the date of promulgation. The measures put forward that while encouraging various shareholders to hold the equity of financial management subsidiaries for a long time and maintaining the stability of equity structure, space should be reserved for financial management subsidiaries to introduce domestic and foreign professional institutions and better implement the opening-up measures of the banking industry; Financial subsidiaries are allowed to invest a certain proportion of their own funds in financial products issued by the company on the premise of strictly complying with risk management requirements.
2019 venture capital investment roadmap surfaced, optimistic about the A-share market next year, focusing on the independent innovation sector
Recently, the A-share market has experienced ups and downs, and every move of “insurance capital” as a ballast in the capital market has attracted much attention. Since October, many companies have welcomed the research of insurance institutions, and the research has mostly focused on electronic technology and consumption upgrading. Industry insiders predict that A-Shares may have better investment opportunities in 2019. Venture capital will take the scientific and technological innovation industry as the attack direction, with a strong defensive financial sector.
Fang Xinghai: prepare for the resumption of normal trading of stock index futures
Fang Xinghai, vice chairman of China Securities Regulatory Commission, said at the 14th China (Shenzhen) International Futures Conference on the 1st that a more open economy needs more effective price discovery and risk management. Fang Xinghai stressed that a more open economy needs more effective price discovery and risk management. Building a futures market with complete varieties and tools, full functions and safe and efficient operation is not only the practical requirement of serving a higher quality and higher-level open economy, but also the due meaning of the existence and development of the futures market. We should unswervingly move in this direction.
not pessimistic about the future market 10 billion star private placement “winter” fierce battle liquidation line {1234567}
This year, the A-share market continued to fluctuate and adjust, the overall performance of star private placement was poor, and the net product value retreated significantly. Control the position in advance to prevent the product from touching the liquidation line; Strengthen channel customer communication and deal with customer redemption pressure; Develop overseas markets and “absorb money” from overseas markets; The operation of rebound band and promoting the “blood return” of net value have become various measures for private placement to resist the “cold winter”.
Shanghai Securities News (special area)
bancassurance sales mislead 14 banks to “eat” tickets
For a long time, the regulatory authorities have been constantly grasping the misleading behavior of bancassurance sales, but under the temptation of High Commission, some bank employees still take risks. Recently, the preparatory group of Beijing Banking and Insurance Regulatory Bureau issued two tickets in a row, pointing to the chaos of Bancassurance violations. Statistics show that since the beginning of the year, a total of 14 banks have received fines for violations such as misleading bancassurance sales, with a total fine of 5.72 million yuan.
the number of residential land flow standards in first and second tier cities increased by more than 140%
The land flow standard set a new record in the first 11 months of this year. The reporter learned from Zhongyuan Real Estate Research Center on November 30 that as of November 29, there were 282 residential land flow standards in the first and second tier cities, with a year-on-year increase of 143%, which is the highest record in recent six years. The data also show that since October, the flow standard of residential land in the first and second tier cities is still high, and the traded residential land is basically based on the base price.
CICC adjusted the margin and handling fee standard again, and the stock index futures are expected to return to normalization
Yesterday, China Financial Futures Exchange (hereinafter referred to as CICC) announced to reduce the margin and transaction handling fee of stock index futures. Since the margin, handling fee and daily opening quantity of stock index futures trading were strictly tightened in 2015, stock index futures ushered in the third adjustment and is expected to return to normality.
St Huiqiu’s backdoor case of RMB 4.55 billion was questioned by Sina and Shanghai Stock Exchange overnight, directly pointing to the control right and overvalued value
St Huiqiu, which has attracted much market attention in the early stage, may be backdoor! This time, the media giant sina will spark with it. The company issued a backdoor plan last night, which will absorb and merge Inmyshow Digital Technology (Group) Co.Ltd(600556) 100% equity of Internet marketing business, and Sina group and natural person Li Meng will be changed into the actual controller of the company. Under the condition that the reorganization without suspension has gradually become the norm, in the face of such a sudden plan, the regulator paid close attention to and took measures all night – these core questions were asked to answer and prompt the company about the risks in the inquiry letter issued by the Shanghai Stock Exchange to the company that night.
Securities Times (special area)
financial leasing companies issued bonds to replenish blood for more than 80 billion during the year, and the minimum interest rate broke 4%
The reporter noted that in the past November, four financial leasing companies issued a total of 11.8 billion yuan of financial bonds. According to statistics, in the first ten months of this year, 15 financial leasing companies issued 24 financial bonds in batches, totaling 71.4 billion yuan. Data show that in the first November of this year, financial leasing companies have issued a total of 83.2 billion yuan of financial bonds.
the “polarization” of Yanjiao real estate market: commercial houses are cool and apartment buildings are on fire
Just after the beginning of winter, Beijing ushered in an obvious cooling weather. Yanjiao Town, 30 kilometers east of Beijing, has also entered the cold winter with Beijing. Does the property market in Yanjiao really enter winter? Securities Times reporter has repeatedly visited Yanjiao on the spot, touched the property market temperature, and presented the surging real situation of Yanjiao property market behind the figures.
the market value of lifting the ban this week was nearly 70 billion yuan, more than five times higher than that of
According to statistics, 42 listed companies will lift the ban on 5.855 billion shares this week, with a market value of 69.743 billion yuan. According to the arrangement of Shanghai and Shenzhen Stock Exchange, the restricted shares of 42 companies in the two markets were lifted and listed this week, with a total of 5.855 billion shares, accounting for 0.67% of the non lifted restricted a shares. The market value of this week’s lifting of the ban was 57.788 billion yuan, more than five times that of the previous week’s 11.955 billion yuan, which was on the high side of the year.
doubts about the rationality of fund-raising use Elion Clean Energy Company Limited(600277)
Last week, the website of Shanghai and Shenzhen Stock Exchange disclosed 28 inquiry letters. Among them, the inquiry letter of Shanghai Stock Exchange on Elion Clean Energy Company Limited(600277) is more noteworthy. The reason for sending the letter is that Wang Cuicui and Xie Shengjun, the sponsor representatives of the latter’s continuous supervision of non-public offering in 2016, reported to Shanghai stock exchange that the rationality of the use of some raised funds of the company is in doubt.
Securities Daily (special area)
Shanghai Stock Exchange: accelerate the establishment of science and innovation board and various preparations for pilot registration system
On December 1, the Shanghai Stock Exchange convened member directors and supervisors to hold a symposium to brainstorm and solicit market opinions on the establishment of the science and innovation board and the pilot registration system. The main principals of the 11 members attending the meeting discussed issues such as the issuance and listing standards of the science and innovation board, the issuance and underwriting scheme, the trading system, continuous supervision, and the pilot implementation scheme of the registration system one by one, and put forward their own opinions and suggestions on the key points of the scheme in combination with their own practical experience and the current situation of the Chinese market. The participants of Shanghai Stock Exchange listened carefully to the collection, and discussed, exchanged and collided with the participants one by one.
the turnover of Shenzhen Hong Kong stock connect exceeded 4.1 trillion yuan Ping An Bank Co.Ltd(000001) 223 times in the second anniversary of its “opening to traffic”
According to statistics from Securities Daily, in the past two years since the Shenzhen Hong Kong stock connect was opened to traffic, the cumulative turnover has exceeded 4.1 trillion yuan. Among them, the cumulative turnover of the “top ten active stocks” accounts for more than 30%. It is worth noting that although financial stocks account for a relatively small proportion of the subject matter listed on the Shenzhen Stock Exchange, financial stocks are still one of the “Favorites” of funds going north. From the perspective of the “top ten transaction active stocks”, Ping An Bank Co.Ltd(000001) has been listed 223 times, ranking first among all financial stocks. Companies such as Bank Of Ningbo Co.Ltd(002142) , Gf Securities Co.Ltd(000776) , Guosen Securities Co.Ltd(002736) , East Money Information Co.Ltd(300059) have also been listed many times.
a large collection of bond dealers exceeding 850 billion yuan will be integrated into the “fund pool” to compete for the new battlefield of large asset management
Recently, China Securities Regulatory Commission officially issued the applicable regulations for large aggregate asset management business of securities companies
<关于规范金融机构资产管理业务的指导意见>
Operation instructions. This means that the large collection products of securities companies will be officially transformed into public funds or private asset management plans. According to the classified statistics of the large collection in East Money Information Co.Ltd(300059) choice data, it is found that the total product scale (total net asset value) of the disclosed large collection of securities companies is as high as 856.53 billion yuan.
The subsidiary of received 6 environmental protection fines in two years. Longmang Baili paid attention to environmental protection but played word games
Recently, longmang Baili, known as the boss of titanium dioxide, received another 100000 yuan ticket from the Environmental Protection Bureau. The subject of punishment is its subsidiary longmang titanium industry. According to reporter statistics, this is the sixth ticket received by longmang Baili’s subsidiary longmang titanium industry in the past two years, that is, on average, every four or five months, the company will receive a ticket from the environmental protection department.
