China Securities Journal ( zone )
share repurchase helps the return of the value of the “wrong killing” company, strengthens information phi and supervision, and prevents speculative arbitrage
Following the special revision of the company law on the provisions on the repurchase of shares of companies, the CSRC and other three departments recently jointly issued the opinions on supporting the repurchase of shares by listed companies. Experts believe that the opinions will urge investors in the capital market to restore their rationality, relieve the liquidity difficulties of some listed companies, and the “wrongly killed” companies are expected to return to reasonable value. At the same time, the regulators should increase the punishment for illegal and illegal acts in the process of share repurchase, so as to prevent the management of listed companies from using share repurchase to manipulate relevant indicators of enterprises and realize arbitrage.
multi channel funds rush to help private enterprises “get out of trouble” and speed up
Since November, many private listed companies have gradually walked out of the dilemma by increasing capital, transferring creditor’s rights and accepting strategic shares. It is worth noting that, with the share prices of some companies gradually falling to the bottom of valuation, market-oriented capital actively scrambled to raise enterprises “accidentally injured” by the previous stock market decline. On November 8, there were two cases of listed companies listing on a shares, but there was no listing event in October. Analysts pointed out that the rush of multi-channel funds will help listed companies get out of the trough, improve corporate governance and enhance the value in the medium and long term.
Baijiu terminal sales power consumption upgrade direction unchanged
The strong Baijiu shares suffered cold winter. In November 12th, Baijiu shares fell again. At the close, Kweichow Moutai Co.Ltd(600519) fell 1.78%, leading the Baijiu plate. Sichuan Swellfun Co.Ltd(600779) , Jiangsu Yanghe Brewery Joint-Stock Co.Ltd(002304) , Anhui Yingjia Distillery Co.Ltd(603198) , Luzhou Laojiao Co.Ltd(000568) and other Baijiu companies fell to varying degrees.
Ingenic Semiconductor Co.Ltd(300223) staged “two tigers competing for food” Sieyuan Electric Co.Ltd(002028) merger and acquisition of Beijing Sicheng half way biological transformation
Semiconductor memory chip enterprise ISSI has recently become a “sweet pastry” and has been robbed by two listed companies. Ingenic Semiconductor Co.Ltd(300223) , Sieyuan Electric Co.Ltd(002028) two A-share companies plan to acquire about half of their equity respectively.
Shanghai Securities News (special area)
the cut-off of “direct connection” business exceeds 90% of the “Assassin’s mace” customs clearance test
As a national financial infrastructure, the Internet connection platform has access to 406 banks and 115 Online Payment institutions. On the day of “double 11”, the Internet connection platform handled 1.17 billion inter agency transactions, and the peak value of corresponding inter agency transactions exceeded 92000 transactions / s, and its carrying capacity withstood the market test. 1.17 billion daily transactions and 92000 peak transactions per second… The “double 11” test of the online platform passed successfully, and the platform performance and peak transaction carrying capacity withstood the market test.
active funds become more active, concept stocks and growth stocks rise again
Yesterday, the low-cost stocks represented by St stocks were active, and the st sector index rose 2.86%, which was the third time that the index rose more than 2% in a single day since this round of rebound, indicating the rapid improvement of market risk appetite. At the same time, growth stocks were also sought after by funds. The gem index rose 3.47%, which is the fourth time that the index has increased by more than 3% in a single day since this round of rebound.
is the business volume of some stock banks catching up with and surpassing that of large banks really “red”?
As a banking business that can both pay and settle accounts and short-term financing, bills have really been a little “red” in the recent quarter. According to the semi annual and third quarterly reports of listed banks, in the list of bill discount balance in the first half of this year, China Merchants Bank Co.Ltd(600036) , China Citic Bank Corporation Limited(601998) and other joint-stock banks ranked among the top, and caught up with and surpassed several large state-owned banks.
Jinlihua Electric Co.Ltd(300069) what’s the secret of the family fight “the son tells the father”?
Behind the judicial freeze of the shares held by Zhao Jian, the controlling shareholder and actual controller, a capital drama mixed with emotional entanglements is quietly staged. According to the announcement issued on the evening of November 12, the judicial freezing of the shares of listed companies held by Zhao Jian was mainly due to litigation disputes. To the surprise of investors, Zhao Kang, the son of Zhao Jian, initiated a lawsuit against Zhao Jian.
Securities Times (special area)
gem refers to a new rebound, the theme is active, and the profit-making effect is improved
A shares resumed their upward trend yesterday. The two cities are now unilaterally rising all day. The gem index is a large-scale Changyang, leading the major indexes. On the disk, there was a 100 share limit. The main aspects of market funds are still venture capital concept, shell resources, ST shares, oversold low-cost stocks and technology stocks including computer, software and 5g concept. The collective popularity of small and medium-sized stocks has increased rapidly.
a batch of funds that have not been issued with “birth permit” face the deadline for overdue
With the arrival of the end of the year, many public funds began to check and plan the issuance status and progress of new funds. Many people in the industry told reporters that there are still many “approved but not issued” funds in some public offerings, which are facing a deadline of six months. From the previous years, the total amount of “de inventory” faced this year is not large, but the difficulty of fund raising is still not optimistic.
the demand for new energy batteries increased steadily. Lithium hexafluorophosphate bid farewell to the “cabbage price”
From more than 400000 yuan / ton to the lowest 90000 yuan / ton today, since the first quarter of 2017, the price of lithium hexafluorophosphate has plummeted several times, all the way down, almost becoming a “cabbage price”, and most industry enterprises are on the edge of the breakeven line. Analysts believe that the weak price of lithium hexafluorophosphate is closely related to the rapid expansion of production capacity of relevant enterprises and oversupply in the market in recent years. However, with the steady growth in the demand for new energy batteries and the increase in costs, the price of lithium hexafluorophosphate has reached the bottom, or will usher in a recovery inflection point in 2019.
Zhuhai Zhongfu Enterprise Co.Ltd(000659) The Phantom of the mysterious player in the middle of the equity Bureau appears
The story of Zhuhai Zhongfu Enterprise Co.Ltd(000659) (000659) is incomprehensible, and the ownership of the controlling right has become a mystery. The nominally controlling shareholder jieande went bankrupt, but some investors gave 10 million yuan to the listed company free of charge. The controlling right was auctioned by the judiciary. The mysterious bidder delayed the payment of the balance after paying a deposit of more than 30 million. Whether the subsequent transaction can be concluded depends on the face of others. At the time of disputes between all parties, a fund in Shaanxi suddenly raised its card Zhuhai Zhongfu Enterprise Co.Ltd(000659) , and there was Li Yonghong behind it.
Securities Daily (special area)
many provinces started private enterprises to reduce costs and distribute trillion yuan of burden reduction red envelopes
The reporter found that recently, Zhejiang Province, Hebei Province, Shanghai, Guangdong Province, Jiangxi Province, Jiangsu Province, Hunan Province and other places have intensively introduced policies to promote the development of private economy, of which the scale is expected to reach trillion yuan in terms of cost reduction.
after the end of the “rush” of bank structured deposits, some outlets are still selling “fake structure” products
Recently, the reporter inquired the official websites of many banks and visited some bank outlets in Beijing. It was found that the structural deposit products of some small and medium-sized banks have stopped issuing incrementally. Among the structured deposit products sold, the phenomenon of “false structure” still exists in individual banks. At the same time, in many bank outlets, structured deposit products still occupy the “C” recommended by outlets.
the improvement of environmental protection industry fundamentals highlights the allocation potential, and 11 companies have been investigated by more than 10 institutions
On Monday, the stock indexes of Shanghai and Shenzhen opened slightly lower, and then the concept plates such as venture capital took the lead in strengthening, driving the Shanghai index to launch an attack. As of the close, the Shanghai index rose by 1.22%, and the gem index was stronger than the Shanghai index, with an increase of 3.47%. In this context, the environmental protection sector broke out collectively during the session, with an overall rise of 5.02%, ranking first in the list of gains of all sectors. The share prices of 228 component stocks in the sector outperformed the Shanghai index, accounting for more than 90%.
Yonghui Superstores Co.Ltd(601933) adjust the store opening plan, saying it is difficult to complete the plan at the beginning of the year
On the second day after the “double 11” e-commerce shopping Carnival ended, a message from Yonghui Superstores Co.Ltd(601933) attracted market attention. On November 12, Yonghui Superstores Co.Ltd(601933) said in response to investors’ questions on the interactive platform, “at present, it is difficult to complete the opening plan of Yonghui life store, and the company needs to adjust dynamically according to the overall environment.”
