China Securities Journal ( zone )
policy funds to ease market sentiment
For the risk of equity pledge financing business, various departments have recently issued corresponding measures. China Securities News reporter recently learned that local state-owned assets are actively cooperating with listed companies to solve liquidity difficulties. Some securities companies further alleviate the risk pressure of equity pledge financing business of high-quality listed companies by reducing the warning line of equity pledge closing of listed companies. According to the analysis of insiders, starting with equity pledge, it can effectively alleviate the liquidity problems of listed companies and dismantle the stock price decline caused by the “explosion” of equity pledge of major shareholders in the capital market, which plays an important role in easing the current market sentiment.
the country’s first special relief bond is planned to be issued on the Shenzhen Stock Exchange
On October 24, the announcement on the issuance of 2018 special relief bonds of Shenzhen Investment Holding Co., Ltd. was disclosed on the official website of Shenzhen Stock Exchange, and it will issue RMB 1 billion in bookkeeping on October 26. It is understood that this is the first special corporate bond for rescue in China.
repurchase “law amendment” brokerage shares “shunshi” start repurchase
On October 22, the draft amendment to the company law was submitted for deliberation to modify and improve the company’s share repurchase system. Up to now, Founder Securities Co.Ltd(601901) has started repurchase, which is the first among listed securities companies. Insiders said that in the face of the low valuation market, securities companies stabilize the stock price through repurchase. In the future, stock repurchase in the securities industry may continue, but there will be differences among securities companies.
illegal reduction of Nan Jing Xin Jie Kou Department Store Co.Ltd(600682) shareholder LV Xiaoqi was condemned
According to the Shanghai Stock Exchange, Nan Jing Xin Jie Kou Department Store Co.Ltd(600682) shareholder LV Xiaoqi has violations in terms of changes in equity. The Shanghai Stock Exchange decided to publicly condemn it. This disciplinary action will be notified to Jiangsu Provincial People’s government and China Securities Regulatory Commission and recorded in the integrity archives of listed companies.
Shanghai Securities News (special area)
the three quarterly reports of local economy successively appeared, with the largest total in Guangdong and the fastest growth in Yunnan
The three quarterly reports of local economy appeared one after another. According to the rough statistics of Shanghai Securities News, at present, 20 provinces have released the economic data of the first three quarters, of which 14 provinces’ GDP growth rate is higher than the national growth level of 6.7%.
rush aid funds have successively arrived. Shenzhen “risk relief” has stepped up to a new level
With the arrival of the special fund for “risk relief” in Shenzhen, Shenzhen state-owned A-share listed companies were officially promoted from the “low-level relief state of their own funds” to the “high-level relief state of special funds”.
from big publicity to collective “rollover” the third quarterly report of Shanghai Hong Kong Shenzhen fund has something to say
Since the beginning of this year, the continuous downturn of Hong Kong stocks has turned over the collective “car” of Shanghai, Hong Kong and Shenzhen funds that came into the limelight last year. According to statistics, only 3 of the 95 Shanghai, Hong Kong and Shenzhen funds achieved positive returns during the year, of which 24 funds fell by more than 20% during the year. From the latest disclosure of the operation of Hong Kong stock funds in the third quarter, as of the end of September, fund managers generally chose to reduce their positions to avoid risks or stand still, and there was an obvious lack of willingness to copy the bottom.
the “nine consecutive falls” in the price of Longji silicon wafer will accelerate the reshuffle of the photovoltaic market
Recently, Longji, a leading Chinese single crystal enterprise, announced that it would cut the price of silicon wafers again by 180% μ The price of m-thick and low resistance monocrystalline silicon decreased by 3.17% to 3.05 yuan / piece, down 0.1 yuan / piece from the previous one. This is the 9th price reduction of neilongji silicon wafer this year. The industry believes that the silicon wafer price reduction is related to the recent continuous decline in raw material prices. At the same time, it is also a signal of accelerating reshuffle and increasingly fierce competition in the photovoltaic market.
Securities Times (special area)
the investment of insurance capital in stocks and funds increased by 240 billion in September
When the capital market fluctuated, the proportion of venture capital equity investment rose to the highest point in the year in September. According to the relevant person in charge of the China Banking and Insurance Regulatory Commission, as of the end of September, the balance of insurance fund utilization was 15.87 trillion yuan, and the scale of investment in stocks and funds were 1.30 trillion yuan and 0.89 trillion yuan respectively, accounting for 2.19 trillion yuan, accounting for 8.17% and 5.58% of the balance of insurance fund utilization, accounting for 13.75% in total. The proportion of 13.75% has climbed to the highest point in the year.
the State Council first highlighted the “family background”: last year, the total assets of state-owned enterprises were 183.5 trillion yuan
In terms of state-owned assets of financial enterprises, in 2017, the total assets of state-owned financial enterprises were 241.0 trillion yuan and the total liabilities were 217.3 trillion yuan, forming 16.2 trillion yuan of state-owned assets. The asset scale of overseas institutions invested by financial enterprises nationwide is 18.1 trillion yuan.
A-share equity ETFs accelerated their expansion, with an increase of 16.6 billion since October
Statistics show that since October, the share of equity ETFs with the largest scale has basically increased. The total share of nearly 140 equity ETFs established before October this year has reached 148.235 billion, a net increase of 16.642 billion over the end of September this year, an increase of more than 10%.
Huaye capital is deeply involved in debt disputes. Executives stop paying for one year and reduce expenses
The crisis of Huaye capital (600240) is fermenting. Following the explosion of 10 billion creditor’s rights, overdue accounts receivable, bank debt collection and other events, the company received court leaflets due to trust disputes. In the face of the dilemma, the company’s executives suspended their salaries urgently.
Securities Daily (special area)
A-Shares will welcome trillions of long-term funds and bank financial management is expected to enter the market
Up to now, 16 banks including Huishang bank, Industrial Bank Co.Ltd(601166) , Shanghai Pudong Development Bank Co.Ltd(600000) , Bank Of Hangzhou Co.Ltd(600926) etc. plan to set up financial management subsidiaries. The experts interviewed said that with the public offering products issued by the bank’s financial management subsidiary approved to directly invest in the stock market, A-Shares will usher in long-term funds of the banking system, which will help boost the confidence of the stock market and drive other funds into the stock market.
true and false deposit information is clear at a glance. 10 banks can check 89 P2P deposit information
On October 18, the China Internet Finance Association launched the bank deposit information disclosure function. The real deposit situation of the online loan platform has authoritative information, which can effectively solve the problems of false deposit and partial deposit. The reporter of Securities Daily yesterday landed on the Internet Financial Registration and disclosure service platform of the mutual fund association and found that there were new Beijing Centergate Technologies (Holding) Co.Ltd(000931) Bank of Beijing, Zhejiang Tailong commercial bank, Xiamen rural commercial bank and Bank Of Xi’An Co.Ltd(600928) 4 banks in the bank depository information disclosure section. In the bank deposit information disclosure section, 10 banks have published P2P fund deposit information, and a total of 89 platform information of these 10 banks can be checked.
the third batch of mixed reform pilot enterprises totaled 31, and the pilot scheme of 8 subsidiaries of central enterprises was approved
On October 24, the national development and Reform Commission held a press conference and said that new progress had been made in the pilot reform of mixed ownership in important areas. Up to now, three batches of 50 pilot mixed reform have been carried out, and the demonstration effect has gradually appeared. The third batch of mixed reform pilot enterprises totaled 31, including 10 subsidiaries of the central enterprise group and 21 local state-owned enterprises.
Guangdong Chaohua Technology Co.Ltd(002288) more than 100 investors lined up to claim
Guangdong Chaohua Technology Co.Ltd(002288) the misrepresentation investor claim case has made the latest progress. After the Guangzhou intermediate people’s court won the investor’s first instance judgment on October 8, Guangdong Chaohua Technology Co.Ltd(002288) filed an appeal. One of the plaintiff’s agents, lawyer Li Jian of Zhejiang Yufeng law firm and lawyer Xie liang of Guangdong Huanyu JINGMAO law firm recently told the reporter of Securities Daily that they had received the Guangdong Chaohua Technology Co.Ltd(002288) appeal petition served by the court on October 16.
