China Securities Journal ( zone )
the opening-up of three major areas of foreign capital market access has become the biggest highlight of the scheme of Hainan free trade zone
The State Council recently approved the establishment of China (Hainan) pilot free trade zone and printed and distributed the overall plan of China (Hainan) pilot free trade zone. Wang Shouwen, Vice Minister of Commerce and deputy representative of international trade negotiations, said that the “global” pilot is the biggest feature. The plan greatly liberalizes foreign capital market access, emphasizing the development of tourism, modern service industry and high-tech industry. Experts said that next, we should speed up the implementation of various pilot tasks in Hainan pilot free trade zone; We will strengthen institutional innovation and provide more experience for deepening reform and opening up throughout the country.
adjust the organization warehouse control layout beyond the fundamentals
For the continuous market adjustment, some institutions said that the current market adjustment has been divorced from the fundamentals, and the market pessimism has been over interpreted. At the same time, there are private institutions that copy the bottom and underestimate the value of high-quality assets on the premise of controlling their positions. Industry insiders believe that with the continuous gathering of good news, uncertain expectations inside and outside the market will gradually eliminate in the future, and pessimistic expectations are expected to improve.
repurchase surged. When the self rescue of listed companies was in progress, the regulators strictly prevented “flickering repurchase”
Data show that as of October 16, 733 listed companies have announced repurchase plans (except performance compensation repurchase) during the year, and the total repurchase amount has been 29.459 billion yuan, a year-on-year increase of 459%. Insiders pointed out that the surge in repurchase is conducive to enhancing investors’ confidence and supporting the stock price. However, after many companies released the repurchase plan, the repurchase amount is far from the upper limit, and some even “stand still” for a long time. Investors should beware of “flickering repurchase”.
negative entanglement stock price limit Iflytek Co.Ltd(002230) the chairman “announced to increase his holdings” in advance ”
The “Ai first stock” Iflytek Co.Ltd(002230) with a market value of 100 billion is experiencing an eventful autumn. After the fermentation of the “illegal occupation of the Chinese alligator reserve”, the share price of Iflytek Co.Ltd(002230) fell to the limit in the afternoon of October 16. Since this year, Iflytek Co.Ltd(002230) share price has almost halved, with a market value of only 42.5 billion yuan.
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Shanghai Securities News (special area)
more than 60% of the three quarterly forecasts are attractive
The third quarterly report of A-share listed companies in 2018 will be launched this week, and the performance forecast of the first three quarters has also entered the “final sprint” stage. As of October 16, more than 1000 listed companies in Shanghai and Shenzhen had disclosed the performance forecast for the first three quarters. According to the upper limit of year-on-year increase in net profit, more than 600 companies “reported good news” due to performance improvement or improvement, of which more than 200 are expected to double year-on-year.
resume the “different” ETF changes in 2015, and the CSRC punished four manipulation cases
The CSRC disclosed yesterday that administrative penalties were imposed on four cases of ETF manipulation. The open-end index funds involved in these four cases include 50ETF, 100ETF and 180etf. The manipulation time is distributed from mid June to mid August 2015. The transaction volume involved has reached 10 billion, and some involved institutions have made profits of 135 million yuan.
17 securities companies participated in the CDR cross-border conversion test, and the first Hulun Tong market makers will generate
Recently, the Shanghai Stock Exchange and China Clearing conducted an all-weather market test of the Shanghai Luntong. Insiders revealed that 17 securities companies participated in the CDR cross-border conversion test, and the first Hulun Tong market makers will be generated from it.
a false alarm! Vanke’s 7.2 billion yuan block transaction is just Anbang’s position reversal {1234567}
After Baoneng’s asset management plan completed the reduction of its China Vanke Co.Ltd(000002) shares in batches, the huge block transaction of China Vanke Co.Ltd(000002) in the afternoon of October 16 attracted outside attention. In the downturn of market conditions, investors are worried that China Vanke Co.Ltd(000002) another important shareholder will reduce its holdings and leave the market. However, the timely announcement of China Vanke Co.Ltd(000002) that night dispelled investors’ concerns. The seemingly huge block transaction is actually an internal transfer of the shares held by “Anbang system”.
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Securities Times (special area)
defending a shares, a state-owned shareholder in Shenzhen plans to increase its holdings of
Defend unit a, the parties are moving. A number of listed companies actively helped themselves to protect the market, and the holdings and repurchase Corps continued to expand. In addition to providing liquidity for listed companies through loans, loans from actual controllers and the transfer of stock pledged creditor’s rights to resolve short-term risks, real gold and silver are directly accepted through the secondary market.
CPI hit a new high inflation in seven months
The National Bureau of Statistics yesterday released the consumer price index (CPI) and producer price index (PPI) data for September. In September, CPI rose 2.5% year-on-year, a seven month high; PPI rose 3.6% year-on-year and 0.6% month on month, a five month low. Current inflation expectations are rising again.
in September, the total scale of private placement increased by 5.1 billion and 10 billion to 235
According to the latest data of the fund industry association, as of the end of September, the total scale of private fund management was 12.8 trillion yuan, an increase of 5.126 billion yuan over the previous January. Among them, the scale of private equity venture capital continued to grow, reaching 8.34 trillion yuan; The scale of securities and other private placements has shrunk slightly. Ten billion private placement reached a new high, reaching 235.
Jiangsu Zhongchao Holding Co.Ltd(002471) equity disputes
Today (October 17), Jiangsu Zhongchao Holding Co.Ltd(002471) (002471) will convene a shareholders’ meeting convened by the former controlling shareholder Zhongchao group to consider the motion to dismiss the current chairman Huang Jinguang and others. Huang Jinguang, who was “forced” this time, is the actual controller of Jiangsu Zhongchao Holding Co.Ltd(002471) . His company, Shenzhen xintenghua Asset Management Co., Ltd., received 20% of the shares held by CSL in November 2017 and plans to continue to acquire 9% of the shares. At that time, CSL also made performance commitments, becoming the first “gambling shell selling” in the market.
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Securities Daily (special area)
the CSRC shall refine the refinancing review, and the fund-raising shall not be used in disguise
Recently, the CSRC issued the questions and answers on financial knowledge of refinancing audit and questions and answers on non-financial knowledge of refinancing audit to securities companies, detailing the key points of refinancing audit. It is clear that if funds are raised through allotment of shares, issuance of preferred shares or non-public issuance of shares determined by the board of directors, all the raised funds can be used to supplement working capital and repay bank loans, However, the raised funds shall not be used for other purposes in the name of supplementing working capital and repaying bank loans.
the market value of equity pledge due in the fourth quarter is expected to be as high as 315.6 billion yuan. The state-owned assets enter the “mine demolition” securities companies to relax slightly
Since this year, with the deep adjustment of major A-share indexes and the general decline of individual stocks, the closing risk of equity pledge has become a lingering nightmare in the market. According to statistics, at present, nearly 70% of the equity pledge in the A-share market is pledged by securities companies. Since August, several securities companies such as Southwest Securities Co.Ltd(600369) , Dongxing Securities Corporation Limited(601198) , Huaxin securities, Huaan Securities Co.Ltd(600909) , China Industrial Securities Co.Ltd(601377) and Galaxy Securities have issued equity pledge litigation announcements, involving an amount of more than 3 billion yuan.
in the first three quarters, 32 listed securities companies made a net profit of 38.6 billion yuan
As of yesterday, the results of 32 listed securities companies in September had been announced. According to statistics, 32 listed securities companies achieved a total operating revenue of 14.461 billion yuan and a net profit of 5.231 billion yuan in September, an increase of 82.12% and 283.5% respectively compared with August. According to the statistics of unaudited parent company statements, in the first three quarters of this year, 32 listed securities companies achieved a total revenue of 105.507 billion yuan and a net profit of 38.568 billion yuan, down 19.28% and 26.82% compared with the first three quarters of last year.
two executives of Zhonghong resigned to make way for the proposed creditors’ meeting to resolve the crisis
On the evening of October 16, Zhonghong shares announced that the board of directors had received the written resignation report submitted by Wang Jihong, chairman of the company, and the written resignation report submitted by Mr. Zhang Jiwei, director and general manager of the company. For personal reasons, Wang Jihong applied to resign as chairman, director and legal representative of the company; For personal reasons, Zhang Jiwei applied to resign as a director and general manager of the company.
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