China Securities Journal ( zone )
triangular support framework promotes a virtuous cycle of economy, and the capital market will actively play a pivotal role
On October 20, the financial stability and Development Commission of the State Council held the 10th special meeting on preventing and resolving financial risks. Experts said that the voice of the decision-making level in recent days is very timely and necessary in the current economic and financial environment, which helps to stabilize market expectations and ensure the realization of the goal of economic and financial stability.
special deduction of individual income tax helps to improve residents’ sense of gain
In the long run, the role of special additional deduction in national governance should not be underestimated. In the past, the individual income tax was completely withheld and paid by the unit, Lbx Pharmacy Chain Joint Stock Company(603883) didn’t have a strong sense of gain. Now Lbx Pharmacy Chain Joint Stock Company(603883) is encouraged to deal directly with the tax department, get money directly from the state and return it to the personal account, which will help residents improve their sense of gain.
market sentiment has improved, and the fund is optimistic about the oversold rebound opportunity of leading companies
Last Friday, affected by the intensive voice of senior executives, the Shanghai index recovered 2500 points. Some funds believe that the sharp rebound in the market is closely related to policy. Since the beginning of the year, market confidence has been affected by external disturbance factors and the impact of China’s economic downturn expectation. This joint voice is conducive to reversing the short-term too pessimistic mood; From the perspective of configuration, they are optimistic about the opportunities of leading companies in the subdivided plate.
AVIC Sanxin plans to let Hainan special glass control
AVIC Sanxin plans to transfer 13% equity of its subsidiary Hainan AVIC special glass materials Co., Ltd. (hereinafter referred to as “Hainan special glass”), with a transfer reserve price of 38.9438 million yuan. AVIC special glass’s performance has continued to decline in recent years, and there were major safety accidents before, which seriously dragged down the performance of AVIC Sanxin. If the equity transfer is successful, the controlling shareholder of Hainan Tebo will be changed and will no longer be included in the consolidated statements of AVIC Sanxin.
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Shanghai Securities News (special area)
the financial stability and Development Commission of the State Council held a special meeting on preventing and resolving financial risks to give full play to the hub function of the capital market
The meeting stressed that at present, all sectors of society are most concerned about the implementation of the promised policies and measures. The five policies announced on October 19, including stabilizing the market, improving the basic market system, encouraging long-term capital to enter the market, promoting the reform of state-owned enterprises and the development of private enterprises, and expanding opening-up, should be implemented quickly and solidly.
whether the IPO is “backdoor” interval of enterprises is reduced from 3 years to 6 months
According to the news on the evening of the 20th on the website of the CSRC, Chang depeng, spokesman of the CSRC, said when answering a reporter’s question on whether the IPO was taken as the underlying asset to participate in the restructuring and trading of listed companies, whether the IPO was planned or not, the interval between enterprises planning to restructure and list was shortened from three years to six months. At the same time, the CSRC said in relevant questions and answers that it would distinguish between transaction types and set specific regulatory standards for transactions that constitute reorganization listing (commonly known as backdoor) and do not constitute reorganization listing.
why did Shenzhen take the lead again in the rush to aid A-share model
Shenzhen, the vanguard of reform and opening up, once again “pioneered the trend”, sounded the horn of improving the liquidity of listed companies and resolving the risk of stock pledge. Why is Shenzhen always the first to try and break through at some special time points and specific stages?
propose to increase the holdings of Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) while replenishing the pledge
Looking back on the stock price trend of Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) this year, it fell all the way after reaching a maximum of 27.11 yuan / share (the former right restoration) in March, reaching a minimum of 10.37 yuan on October 17 and closing at 11.7 yuan. The falling share price has made Li Weiguo feel the pressure of share pledge to a certain extent, which inevitably makes the market question his motivation to issue a bottomless overweight initiative.
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Securities Times (special area)
multiple departments took turns to say that A-Shares sounded the strongest long build-up number in history
The financial stability and Development Commission of the State Council, the people’s Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the Shanghai and Shenzhen Stock Exchange, the China Fund Industry Association and other departments have spoken out to support China’s economy and boost market confidence.
under the new financial regulations: two pain points of asset management business of rural commercial banks to be broken
The reporter learned from various investigations that, unlike joint-stock banks and urban commercial banks entangled in the pressure drop of old products, many agricultural commercial banks believe that the difficulty lies in the research and development of new products and investor education. However, it is difficult to avoid that at present, the progress of the two work is relatively slow, and most customers’ concept of financial management as time deposits is difficult to reverse in the short term.
Zhonghong Yiyuan delisting is a symbol of the diversification of A-share delisting system
The delisting of Zhonghong shares is a warning to listed companies keen on high transfer. Especially for junk stocks that lack performance support, if they continue to play capital games such as high transfer, it is likely to lead to delisting when the share price is less than 1 yuan after equity dilution. At that time, they will move bricks and smash their feet, and smart will be mistaken by smart.
Can Leyard Optoelectronic Co.Ltd(300296) get out of the “bottom of the cry”?
It is common for employees to increase their holdings, but it is rare to send such a powerful open letter as Leyard Optoelectronic Co.Ltd(300296) chairman Li Jun. there are many companies to increase their holdings, but it is also rare to have an effect like Leyard Optoelectronic Co.Ltd(300296) . What people care about is whether the stock price of Leyard Optoelectronic Co.Ltd(300296) continues to fall as Li Jun called on employees to increase their holdings in August, or can it take the lead in coming out of a “shouting bottom”.
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Securities Daily (special area)
20 measures to optimize the business environment at ports to promote cross-border trade facilitation
Recently, the State Council issued the work plan for optimizing the business environment at ports and promoting cross-border trade facilitation (hereinafter referred to as the work plan) to promote the stable and healthy development of foreign trade. The work plan defines 20 specific measures around “reducing documents, optimizing processes, improving timeliness and reducing costs”.
in the first three quarters, GDP increased by 6.7% year-on-year, and the three industries were stable and good, including investment value
On October 19, the National Bureau of statistics released the economic operation data for the third quarter of 2018, which showed that China’s gross domestic product (GDP) exceeded 65 trillion yuan in the first three quarters, with a year-on-year increase of 6.7% at comparable prices. In terms of quarters, it increased by 6.8% year-on-year in the first quarter, 6.7% in the second quarter and 6.5% in the third quarter. It is noteworthy that information transmission, software and information technology services, leasing and business services, as well as transportation, warehousing and postal services, led the year-on-year growth in the third quarter of this year.
during the year, 912 listed companies have implemented repurchase
According to the statistics of the Securities Daily, since this year, the enthusiasm for share repurchase of A-share listed companies has continued to rise. Statistics show that as of October 21, 1155 listed companies have disclosed repurchase announcements, of which 912 have implemented repurchase, with a total repurchase fund of 83.72 billion yuan.
* ST Kaidi had no choice but to “connect with each other” at the “Chengxian” shareholders’ meeting
On October 19, * ST Kaidi opened at the limit, locked at 0.97 yuan per share, fell below the face value of 1 yuan for the first time, joined the ranks of “fairy stocks” in Shenzhen and Shanghai A-share market, opened the limit at the end of the day, and closed at 0.98 yuan per share, down 3.92%. The cumulative deviation of the stock for three consecutive trading days reached – 13.19%. The shareholders’ meeting on October 17 was full of gunpowder. The representatives of the minority shareholders founder Fubon and Huabao trust had differences with the major shareholders on whether the asset disposal was feasible, when the funds were in place, and personnel proposals. The two sides were “mutually hostile” and excited.
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