China Securities Journal ( zone )
comprehensively expand the opening up of the financial industry and improve the international influence of the financial industry
Relax the management of foreign banks, open the bank card market, approve the access of multiple foreign financial institutions, promote the inclusion of A-Shares in the follow-up work of Mingsheng and FTSE Russell indexes, continuously improve cross-border trading arrangements, optimize the interconnection mechanism of exchanges, and vigorously support foreign securities and futures institutions to establish legal entities in China. The pace of two-way opening-up of China’s financial industry has been accelerated frequently recently. It is preliminarily estimated that in the next 15 years, China’s imports of goods and services will exceed US $30 trillion and US $10 trillion respectively. This means that with the further acceleration of China’s financial market opening to the outside world, the international influence will increase sharply.
the goal of the first five year plan to guide the optimization of bank asset structure is not a hard assessment index, and the risk control standard is not relaxed
Guo Shuqing, Secretary of the Party committee of the people’s Bank of China and chairman of the China Banking and Insurance Regulatory Commission, recently made it clear that loans to private enterprises should achieve the goal of the “first five year plan”, which attracted the attention of all parties. Regulators recently told the China Securities Journal that the “first five year plan” is a directional indicator, focusing on the comprehensive re inspection of credit policies, the revision or abolition of regulations and terms that may not be conducive to serving private enterprises, and the equal treatment of state-owned enterprises, private enterprises and foreign-funded enterprises. The regulatory authorities still encourage banks to carry out differentiated development and promote the optimization of bank asset structure.
deepen the two-way mixed reform and establish an effective exit mechanism for state-owned assets
At present, “competitive neutrality” has become a new guideline for the reform of state-owned enterprises. We should abandon the dispute over ownership, promote the “two-way penetration” of mixed ownership reform, give full play to the advantages of private enterprises’ business innovation and state-owned enterprises’ resource capital, establish and improve an effective exit mechanism while improving the property right protection system, fully stimulate the vitality of micro market subjects, and jointly play the harmony of the times.
“runaway” demon stocks how to “refine” before hot money push the wave and build momentum, and then recommend stocks to help LAN circle powder
Demon stocks appeared frequently last week. In addition to Hengli Industrial Development Group Co.Ltd(000622) setting the 11th consecutive trading limit, St Changsheng and Tianye Tonglian also staged the ground Sky board and sky floor respectively. Dragon and tiger list data show that relevant stocks are mainly driven by hot money. At the same time, some stock recommendation groups also tend to be active during the period. China Securities Journal reporter found that claiming that a stock will rise and adding high service fees are the “routine” of many stock recommendation groups, and ordinary investors are actually difficult to profit from it. Insiders pointed out that the vast majority of stock recommendation groups do not have securities investment consulting qualification, which is illegal, and investors need to be treated rationally.
Shanghai Securities News (special area)
e-commerce model leads the rise of China’s digital economy. The spark of “double 11” has started a prairie fire in the past decade
As of 22:28:37 yesterday, the transaction volume of tmall’s “double 11” in 2018 exceeded the RMB 200 billion mark, exceeding the whole day transaction volume of tmall’s “double 11” in 2017, setting a new record for the transaction volume of tmall’s “double 11”. Since a brainstorming in the office of xiaoyaozi (the flower name of Alibaba Group CEO Zhang Yong) in the summer of 2009, “double 11” has gone through ten years. The “double 11” every year, record breaking numbers, hot rotation explosive products, Wuxi Online Offline Communication Information Technology Co.Ltd(300959) love and kill each other, and even the strong smell of gunpowder between platforms, can’t compare with the enthusiasm and madness of netizens filled with shopping carts.
supporting half of China’s large aircraft market, financial leasing is “Optimus Prime”
By the end of 2017, 17 financial leasing companies in China had carried out aircraft leasing business, with a total asset scale of more than 294.5 billion yuan and a total of about 1002 aircraft reserved. In terms of business model, operating lease accounts for more than 80%. At the 12th China International Aerospace Expo, which ended yesterday, China commercial aircraft Co., Ltd. sold 60 ARJ21 aircraft on the first day, with orders from two financial leasing companies.
speed up the return trip for a week and talk about different feelings
“Before that, our group was dead silent and no one spoke. On the day of the news release, our group exploded. The chat on that day was more than what we had talked about the previous year.” A hot money tycoon, Mr. W, told reporters. In the past week, hot money tried to return to the market. Although the “demon stock theory” made them feel pressure, their existence also provided valuable liquidity for the market.
transfer control in violation of commitment Sec Electric Machinery Co.Ltd(603988) why is the actual controller eager to cash out
After only four years of listing, the actual controller of Sec Electric Machinery Co.Ltd(603988) decided to leave the market and transfer a large amount of equity to a “non well-known” institution without actual controller, and even did not hesitate to apply to the general meeting of shareholders for exemption from the previous share locking commitment. On November 10, it was announced that Wang Jianyu, Wang Jiankai and Wang Panrong, the controlling shareholder and actual controller of the company, signed a number of agreements with Ningbo juntuo on November 8 to transfer Sec Electric Machinery Co.Ltd(603988) 1764 shares, 4116000 shares and 28742000 shares respectively, totaling 50498000 shares, accounting for 21.47% of the total share capital.
Securities Times (special area)
the scale of ETF increased sharply against the market and raised more than 100 billion, actively distributing index products
The equity market was depressed, the open-ended trading index fund (ETF) took the lead, the funds from insurance, securities and securities companies rushed in, and the scale and share of ETF soared. The inclusion of A-Shares in MSCI and the approval of pension target funds further improved the enthusiasm of public offering layout index instrumental products.
incremental funds run through index products
Since this year, A-Shares have been weak and volatile, and the sales of equity funds have been cold, but the scale of ETF tracking the index has increased sharply against the market. The data show that the net value scale and share of ETF funds increased sharply during the year, of which the scale of non monetary ETF exceeded 340 billion yuan, an increase of more than 100 billion over the end of last year.
5g commercial deployment has entered a critical period, and there are obvious changes in concept stocks
With the basic formulation of relevant technical standards, 5g is in a critical period of commercial deployment. In addition to making a big show at the Expo, the news of 5g business is coming out one after another. What most stimulates investors’ nerves is the news that China’s 5g license will be issued as soon as the end of this year at the world Internet Conference held last week. Meanwhile, insiders expect ordinary users to experience 5g terminal devices next year.
Jingwei Textile Machinery Company Limited(000666) terminate the acquisition of Zhongrong trust, suspend trading for 8 months, and resume trading today
After 8 months of suspension, Jingwei Textile Machinery Company Limited(000666) (000666) acquired 32.99% equity of Zhongrong trust from Zhongzhi group, which was finally terminated. On the evening of November 11, Jingwei Textile Machinery Company Limited(000666) announced the termination of planning for major asset restructuring, and the trading of the company’s shares resumed from November 12.
Securities Daily (special area)
green investment guidelines, guidance and standardization of fund responsible investment
On November 10, the green investment guidelines (for Trial Implementation) was officially implemented. This guideline, which is called the localized “principle of responsible investment” by people in the industry, defines the connotation, investment objectives and principles of green investment, as well as the basic methods of green investment, and stipulates the evaluation and supervision requirements of green investment. Experts believe that this industry self-discipline standard provides guiding guidance for investors’ responsible investment and plays an important policy guiding role in the formulation of China’s green investment information disclosure system, the quantification and design of green indicators, etc.
the source of share repurchase funds will be broadened, and the repurchase enthusiasm of A-share companies will increase
In order to support the repurchase of listed companies, regulators pushed new measures. On November 9, the CSRC, the Ministry of Finance and SASAC jointly issued the opinions on supporting listed companies to repurchase shares (hereinafter referred to as the opinions), and put forward relevant opinions from six aspects, such as broadening the source of repurchase funds.
Entrusted pension investment in year or adding new provinces
Recently, according to the information released by the Ministry of human resources and social security, by the end of the third quarter, the governments of 15 provinces (autonomous regions and municipalities) such as Beijing and Shanxi had signed entrusted investment contracts with the Social Security Fund Council, with a total contract amount of 715 billion yuan, of which 416.65 billion yuan had arrived and started investment. Compared with the second quarter, in the third quarter, Sichuan Province signed the investment and operation contract of entrusted endowment insurance fund, and the new arrival capital of basic endowment insurance fund investment was 45 billion yuan.
FF trapped in the dilemma of “chicken and egg first”, Jia Yueting’s mass production of 2 million yuan ff91 was questioned
FF suffered from “food shortage” and experienced layoffs, salary cuts and senior executives’ resignation, but “the core teams of production, R & D, supply chain and other departments are still promoting the mass production, testing and verification of FF 91”. FF announced that it has signed a contract with the U.S. investment bank and has negotiated with potential investors. How far can Jia Yueting’s dream of building a car go? Who will advance and who will retreat with Evergrande in the end? It still seems to be a question mark.
