China Securities Journal ( zone )
in September, new credit increased both year-on-year and month on month, M2 rebounded slightly, financing demand rebounded, and the steady growth policy was effective
The people’s Bank of China released its financial statistics report for the first three quarters on the 17th. Zhang Wenhong, deputy director of the investigation and Statistics Department of the people’s Bank of China, said that on the whole, the liquidity of the current banking system is reasonable and abundant, the scale of monetary credit and social financing has increased moderately, and the market interest rate is running smoothly. According to expert analysis, the year-on-year and month on month increase of new credit in September shows that the steady growth policy is effective and the financing demand of the real economy rebounds.
the policy will increase the equity investment of insurance funds
People from the China Banking and Insurance Regulatory Commission recently proposed that the restrictions on the future or cancellation of the insurance capital equity investment industry should be encouraged to more actively participate in solving the stock pledge liquidity risk of listed companies. A number of insurance companies said that in the future, they will allocate additional projects to support the real economy and people’s livelihood according to the allocation characteristics of insurance capital. Venture capital can actively participate in the solution of equity pledge risk of listed companies by signing equity transfer agreement, and give reasonable valuation to the pledged equity of listed companies with strategic vision and value investment concept.
index funds are expected to become the main channel for bank financial funds to enter the market
The measures for the supervision and administration of financial management business of commercial banks recently released the restriction that public financial products cannot invest in public funds related to stocks. Recently, a number of fund companies said that index funds, including ETFs, or undertake the equity investment needs of these funds, and fund companies have planned to issue ETFs to deal with them. According to bankers, public financial products will probably invest in public funds related to stocks in the form of fof.
equity disputes rise again Jiangsu Zhongchao Holding Co.Ltd(002471) the chairman was “forced into the palace” by the former actual controller
The equity dispute between the two actual controllers before and after Jiangsu Zhongchao Holding Co.Ltd(002471) has made new progress. On October 17, Jiangsu Zhongchao Holding Co.Ltd(002471) the company’s extraordinary general meeting convened by the former controlling shareholder Zhongchao group was held to consider the proposal to dismiss the current chairman Huang Jinguang and others. Huang Jinguang, who suffered “forced Palace”, is the reality controller of Jiangsu Zhongchao Holding Co.Ltd(002471) . Shenzhen xintenghua Asset Management Co., Ltd., its subsidiary, reached a share transfer agreement with China Super Group in October 2017. CSL made a performance commitment at that time. This became the first case of “gambling shell selling” and attracted market attention. However, only a year later, the two sides of the transaction have been “incompatible”.
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Shanghai Securities News (special area)
provide new services for the new economy, new supervision, Shanghai and Shenzhen stock exchanges broaden the “four new” enterprise financing channels
Recently, at the 2018 annual meeting of the 21st century international financial summit held in Shenzhen, relevant principals of Shanghai and Shenzhen Stock Exchange introduced the latest progress and relevant measures in supporting and serving enterprises in the “four new economies” (new technology, Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) , new business format and new model).
Guangzhou: we are rapidly studying the strategies to resolve the high pledge risk of enterprises
“We are already studying this policy.” After the Shanghai Securities News exclusively reported that “Shenzhen has invested tens of billions to aid listed companies”, the person in charge of relevant government departments in Guangzhou recently told reporters that Shenzhen’s policies are of certain reference. The reporter learned that the relevant government departments of Guangzhou have obtained the list of relevant private listed companies with liquidity risk caused by high pledge rate from the local regulatory authorities on the morning of the 15th.
military civilian integration policy dividend releases 80% of the third quarter performance of concept stocks ” Xlinmen Furniture Co.Ltd(603008) ”
Benefiting from the continuous promotion of reform policies, listed companies in the military civilian integration sector ushered in a performance explosion. According to the reporter’s rough statistics, as of the 17th, a total of 34 listed companies in the military civilian integration concept plate had issued performance forecasts for the third quarter, of which 28 companies had pre increased, continued to increase or turned losses and profits.
Luyin Investment Group Co.Ltd(600784) old transactions caused disputes and 8 bank accounts were frozen
Luyin Investment Group Co.Ltd(600784) on the evening of October 17, it was suddenly announced that 8 bank accounts of the company were frozen due to litigation, and the frozen amount was about 3.4413 million yuan. Luyin Investment Group Co.Ltd(600784) indicates that the main business of the company is independently carried out by subsidiaries with independent legal personality. The frozen capital account is the bank account of the parent company, which is mainly used for daily businesses such as salary payment, tax payment, social security payment and financing of the parent company.
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Securities Times (special area)
the tenth public fund this year has been approved, with the highest number in five years
Since this year, the approval of public offering licenses has accelerated. Recently, the CSRC issued the reply on Approving the establishment of Chunhou Fund Management Co., Ltd. so far, 10 new fund companies have been approved this year, surpassing 9 in 2016 and becoming the year with the largest number of approved fund companies in the past five years.
the increase and repurchase camp continues to expand, and the increase tide reappears
With the sharp shock of the A-share market, the camp of increasing and repurchasing shares of listed companies continued to expand. Among them, there were Leyard Optoelectronic Co.Ltd(300296) bottom holdings yesterday, which was a “model” pursued by the market. On the evening of October 17, many companies successively announced bottom holdings in order to reshape market confidence.
32 A-share listed securities companies reported more than 80% of their monthly net profit, down
As of October 17, the monthly reports of 32 A-share listed securities companies in September have been released. According to statistics, except for the four securities companies without year-on-year data, the net profit of 26 securities companies decreased, and the net profit of 12 securities companies such as Guoyuan Securities Company Limited(000728) , Northeast Securities Co.Ltd(000686) decreased by more than 50% year-on-year, only the net profit of Huatai Securities Co.Ltd(601688) and Founder Securities Co.Ltd(601901) increased year-on-year.
it is expected that the restructuring of gambling performance Shanghai Huaming Intelligent Terminal Equipment Co.Ltd(300462) termination
Shanghai Huaming Intelligent Terminal Equipment Co.Ltd(300462) (300462) announced on the evening of October 17 that the company originally planned to purchase 90% equity of guozhengtong Technology Co., Ltd. by issuing shares and paying cash and raise supporting funds. Due to the expected failure of the acquisition target to complete the performance of the gambling industry, the company decided to accept guozhengtong’s compensation of 6 million yuan and terminate this major asset restructuring.
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Securities Daily (special area)
the internationalization of the A-share market has accelerated
With the accelerating pace of China’s capital market opening to the outside world, it is the intention of the topic to sign cooperation memorandums of understanding and agreements with more overseas exchanges. This is also one of the important manifestations of the accelerated pace of internationalization and globalization of China’s capital market. The internationalization of A-share market has become an inevitable trend, and it is blooming in all directions. This is an inevitable requirement to promote the development and growth of China’s capital market, promote the maturity of the capital market, and strongly support the high-quality economic development of the capital market. The accelerated pace of internationalization will continuously consolidate the confidence and foundation of China’s capital market’s dialogue with the world.
the CSRC disclosed 4 ETF manipulation cases and 5 institutions were fined
The CSRC recently announced four administrative punishment decisions, punished four ETF manipulation cases, and five institutions involved were punished. Among them, the case of Donghai Hengxin manipulating SSE 180 trading open-end index fund was verified. Donghai Hengxin carried out 180etf transactions between accounts under its actual control, affecting the trading volume of 180etf, and carried out intraday turnaround trading arbitrage between 180etf and corresponding component stocks in a disguised form to obtain illegal interests. The CSRC confiscated about 135 million yuan of Donghai Hengxin’s illegal income and imposed a fine of 135 million yuan.
22 companies took the lead in issuing annual report performance forecast Anhui Jinhe Industrial Co.Ltd(002597) and 4 pre hi shares were recommended by institutions
According to the data statistics, as of yesterday, 22 companies in Shanghai and Shenzhen had taken the lead in disclosing the performance forecast of 2018 annual report, of which 16 companies had good performance, accounting for nearly 80%.
* the new senior management of St Industrial University has changed blood, and the actual controller of Harbin Industrial University urgently settled in the board of directors to fully protect the shell
Recently, * ST new director and supervisor proposed to resign from several important positions. Subsequently, the 29th meeting of the eighth board of directors of the company approved the candidates for successors to corresponding positions, and the company ushered in major personnel changes.
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