China Securities Journal ( zone )
the Ministry of industry and information technology carried out special supervision on rare earth rectification
According to the news of the Ministry of industry and information technology on October 30, in order to further deepen departmental cooperation, effectively implement the regulatory responsibilities of local governments and maintain the high-pressure situation of rare earth violations, the member units of the rare metal inter ministerial coordination mechanism will jointly organize the supervision and inspection of the order rectification work in key rare earth producing areas from this year. This rectification focuses on the implementation of the rectification work deployment of local governments, the implementation of rare earth enterprise policies, the investigation and handling of reporting clues, etc. Insiders said that the rectification and supervision efforts are large, and the rare earth price is expected to usher in a wave of rise.
clarify the reform orientation, and the CSRC will implement three-dimensional policies to boost market confidence
The CSRC said in a statement on the 30th that focusing on the capital market reform, we should accelerate the promotion, including improving the quality of listed companies, optimizing transaction supervision and encouraging value investment, in response to market concerns. Experts believe that the CSRC launched new measures for the stock market from three dimensions. These settings are a supplement to the past measures to regulate the repurchase of listed companies and crack down on stock manipulation. The core points to attracting all kinds of funds into the market. With the recent announcement of the policy mix, based on the mitigation of the risk of equity pledge, the policy began to improve the quality of enterprises and guide all funds into the market, which will fundamentally boost market confidence.
reserve M & a project investment banks “lock” IPO companies
Since October, the regulatory authorities have intensively introduced a number of M & a “release, management and service” systems. The reporter of China Securities Journal learned from the visit and research that some securities investment banks have noticed the business opportunities and actively accumulated relevant project reserves. “At present, the company’s investment banking business has shifted to M & a”. With the increase of IPO companies, industry insiders believe that it is unrealistic to blindly hope to achieve the purpose of listing through M & A. At the same time, relevant supporting policies also need to continue to be optimized.
more than 800 companies started share repurchase, vigilant against “hot spot” institutions, and cautious about high value repurchase
Data show that the number and amount of share repurchases implemented this year have doubled compared with last year, but although some companies have implemented repurchases, the stock price trend is not optimistic. Insiders said that in the medium and long term, the implementation of share repurchase has no absolute relationship with the stock price trend of individual shares. In addition to paying attention to the amount, proportion, price and purpose of share repurchase, the company’s fundamentals are the primary factor to attract institutional capital layout. At the same time, if the company’s shares are repurchased at an excessively high price, it may damage the interests of shareholders in the medium and long term.
Shanghai Securities News (special area)
the regulations on the classified supervision of futures companies will revise the new real economic index of futures services
The CSRC announced on its website on October 30 that recently, the CSRC solicited public opinions on Revising the provisions on the classified supervision of futures companies. The reporter of Shanghai Securities News noted that the newly established indicators of the ability of futures companies to serve the real economy, including the business scale of “insurance + futures” and the average daily positions of institutional customers, will be included in the classified evaluation; The revision also adjusted the deduction items under specific circumstances, increased the violation cost of “two funds”, and doubled the deduction points of early warning or non-compliance of net capital and major early warning of margin.
traditional industries take the lead, and the performance of A-Shares in the third quarterly report increased by more than 10%
The disclosure of the third quarterly report of 2018 ended today, and the traditional cyclical industry continued to “lead” the performance of the first three quarters. Building materials, mining and iron and steel continued the high growth momentum since the first half of the year and “took the lead” in the third quarterly reports of more than 3000 listed companies.
good performance is the last word. The annual pre increase has more than doubled, and there are nearly 100 companies
With the end of the disclosure of the third quarterly report, some companies that are expected to achieve significant performance growth in 2018 have surfaced. According to statistics, nearly 100 companies are expected to double their performance in 2018; Even with the threshold of net profit exceeding 20 million yuan after deducting non recurring profits and losses in the first three quarters of last year and an increase of more than 50% in the first three quarters of this year, it is clearly expected that there are still nearly 30 companies with a net profit increase of more than 100% in 2018.
all shares held by the controlling shareholders of BUSEN shares were frozen
The actual control of BUSEN shares is facing turbulence. On the evening of October 30, BUSEN announced that the 22.4 million shares of the company held by the controlling shareholder Anjian technology were fully pledged and frozen by the judiciary, accounting for 100% of the total shares of the company and 16% of the total share capital of the company.
Securities Times (special area)
nearly a thousand companies predict annual performance of more than 60%
With the end of the disclosure of the third quarterly report, the performance of A-share companies in 2018 became clearer, and companies with high annual performance growth also surfaced. On the whole, more than 60% of the companies set the tone in 2018. According to statistics, as of 18:00 on October 30, 965 A-share companies had predicted the annual performance of 2018. Among them, 637 companies are expected to have positive performance (net profit is expected to increase year-on-year), accounting for about 66%. Steel, cement, chemical and other cyclical stocks are expected to continue strong performance, and the recovery of the poultry breeding industry this year is expected to continue to improve.
the number of mini funds reached 700 at the end of the third quarter, and the disposal speed may be accelerated
The total scale of public funds has reached 13 trillion, and the differentiation of fund scale is also intensifying. The scale of Tianhong Yubao exceeds 1.3 trillion, and many funds are struggling near the liquidation line. According to the data of the third quarterly report of the fund, as of the end of the third quarter, there were 700 public funds with a net value of less than 50 million yuan, accounting for 14.42% of the total funds, an increase of 14.57% compared with 611 Mini funds still in existence in the second quarter.
Panorama of institutional advance and retreat: securities holdings tend to be scattered, and QFII continues to increase
The trend of institutional shareholding has always been one of the focuses of investors. With the gradual conclusion of the third quarterly report, the change of institutional shareholding in the third quarter surfaced. The third quarter was a rare recuperation period for a shares. Under the stable market, the institutional position adjustment was still surging. As of 19 p.m. on October 30, according to the incomplete statistics of the data center of the securities times, the advance and retreat of institutions were different in the third quarter. Among them, the shareholding of securities funds tends to be scattered, the social security fund remains stable, the scale of pensions is expanded, and QFII continues to increase.
the youngest female chairman of A-Shares resigned * ST cloud’s board of directors is facing “restructuring”
At the beginning of March this year, * ST yunwang (002306) completed the general election of the board of directors, and Lu Xiangling was appointed chairman. Lu Xiangling was born in 1994 and thus became the youngest female chairman of a listed company. However, just eight months after taking office, Lu Xiangling submitted her resignation. It is not difficult to see that the Fourth Board of directors of * ST cloud network, which has just been established for less than eight months in early March this year, may usher in “restructuring” after November 1.
Securities Daily (special area)
all-round expansion of opening up, and the influence of China’s capital market has increased sharply
Liu Shiyu, chairman of the China Securities Regulatory Commission, and Junying yuanteng, director of the Japanese finance department, recently signed a memorandum of understanding between the China Securities Regulatory Commission and the Japanese finance department on promoting cooperation in the securities markets of the two countries in Beijing. At the same time, relevant exchanges and industry associations of the two countries also signed a memorandum of understanding to strengthen bilateral cooperation. Industry insiders generally believe that the pace of opening up China’s capital market has accelerated and its international influence has increased sharply. This is an inevitable requirement to promote the development and growth of the market, to promote the maturity of the market, and to strongly support the high-quality economic development of the capital market.
cbcirc: full of confidence in China’s capital market
Yesterday, at a press conference held by the State Council Information Office, Wang Zhaoxing, vice chairman of the China Banking and Insurance Regulatory Commission, said that in the next step, the China Banking and Insurance Regulatory Commission should not only encourage and guide banking financial institutions to improve and increase their support for private enterprises and small and micro enterprises in terms of regulatory policies, but also guide banking and insurance institutions to integrate the private economy Small and micro enterprises should be placed in a more important position. At the same time, we should put the improvement of private enterprises, small and micro enterprise financial services and the development of Inclusive Finance in a more important position. “We should have sufficient reasons to have full confidence in China’s capital market.”
listed securities companies made a profit of 47.8 billion yuan in the first three quarters, a year-on-year decrease of 30% Citic Securities Company Limited(600030) 7.3 billion yuan, ranking first
Yesterday evening, the operating data of all listed securities companies in the first three quarters of this year have been fully disclosed. According to the statistics of the Securities Daily, the 34 securities companies achieved a total operating revenue of 184.54 billion yuan and a net profit of 47.824 billion yuan in the first three quarters of this year. Although the performance of listed securities companies improved significantly in September this year, the total revenue and net profit in the first three quarters still decreased by 12.28% and 32.91% year-on-year, which is the same as the previous expectations of the industry.
Chaozhou Three-Circle(Group) Co.Ltd(300408) keen on financial management finally “missed” 234 million yuan, and the principal is facing irrecoverable
Chaozhou Three-Circle(Group) Co.Ltd(300408) which has always been keen on entrusted financial management unfortunately “missed” a few days ago. When conducting impairment test on entrusted financial products as of June 30, 2018, the company will withdraw impairment provision of RMB 34.4316 million for the time and value investment fund with possible asset impairment loss.
