China Securities Journal ( zone )
experts suggest that one belt, one road, and financing problem should be solved.
One belt, one road, was put forward by 19 people in the twelfth Davos forum in the past 5 years. Meanwhile, financing is one belt, one road bottleneck in the development of the future. One belt, one road, is built by Sun Wenkui, vice mayor of Tianjin. Tianjin should play its unique advantages and make a difference. We should also seize major historical opportunities to promote the high-quality development of Tianjin. Therefore, Tianjin should make good use of its advantages in four aspects.
the non-standard business of banks has warmed up, and real estate financing has warmed up again
“During this period, local sub branches have successively reported some non-standard projects, mainly real estate projects, and some local government financing platform company projects. The specific number of approvals depends on the final result of the head office.” Bai Ming (a pseudonym), the relevant person in charge of the South China branch of a joint-stock bank, told the China Securities Journal that since last year, the banking industry, especially joint-stock banks, has significantly reduced the non-standard scale.
social finance scale or bottom institutions are optimistic about the A-share market
Industry insiders said that in September, the scale of social financing may further improve in stock growth and increment. Now the scale of social financing has shown signs of bottoming out and stabilizing, which may be further repaired. Some bankers said that the lending rate was faster than that in the previous two months. Although the scale increase is small, institutions gradually began to have new off balance sheet financing projects.
judicial freezing of suspended state-owned assets to take over the offer Zhongtian energy control may change
Zhongtian Energy announced on the evening of September 19 that it had received a notice from the controlling shareholders Qingdao Zhongtian Asset Management Co., Ltd. and the actual controllers Deng Tianzhou and Huang Bo that the actual controllers of the company were planning the transfer of equity agreement and signed the agreement of intent on equity acquisition and financing cooperation with Hunan Xiangtou Holding Group Co., Ltd. (hereinafter referred to as “Xiangtou holding”). This matter may lead to a change of control of the company.
> > > Click to view more wonderful articles in China Securities Journal
Shanghai Securities News (special area)
Yi Gang: big banks should play an exemplary role and build a sustainable business model to serve private enterprises
The reporter learned from the people’s Bank of China yesterday that in order to deeply understand the financing situation of large and medium-sized private enterprises, the people’s Bank of China held a symposium on September 18 to listen to the situation and relevant opinions and suggestions of some banks serving private enterprises. Yi Gang, President of the people’s Bank of China, pointed out that major banks should play an exemplary role, accurately grasp the development characteristics of private enterprises, improve risk pricing ability, innovate financial products and services, build a business sustainable model to serve private enterprises, and provide better financial services for private enterprises.
private “catfish” with absolute return gene scramble to swim into the blue ocean of public offering
Since this year, the A-share market has been depressed as a whole, but the establishment of new fund companies has been in full swing. On September 15, the website of the CSRC disclosed that the two companies of rosefinch fund and Tongtai fund were granted public offering licenses on the same day. So far, eight public funds have been approved this year, more than last year’s total. Among them, private placement giant rosefinch is the fifth “private to public” fund company.
the CSRC strictly prohibits bond underwriting at ultra-low prices and refunding fees to investors
On the 18th, the CSRC website answered two questions about the disorder of bond underwriting in the column of “questions and answers on daily supervision of corporate bonds”. First, how should the regulatory authorities deal with the situation that the underwriting rate of individual underwriting institutions in the exchange bond market is far lower than the normal rate, so as to prevent relevant behaviors from hindering fair competition and disturbing the market order? In this regard, the CSRC said that the CSRC is highly concerned about the acts that hinder fair competition and disrupt the market order in the industry, and will seriously deal with them in strict accordance with relevant regulations.
partners become enemies Chongqing Zaisheng Technology Co.Ltd(603601) involved in the merger and acquisition of “luoshengmen”
A petition opened a corner of the merger and acquisition of “luoshengmen”: the parties involved include A-share listed company Chongqing Zaisheng Technology Co.Ltd(603601) and Suzhou weiaipu new materials Co., Ltd., which has been delisted from the new third board. In the same vacuum insulation board core material industry, let them become partners; The deepening business cooperation makes them want strong alliance. However, after Chongqing Zaisheng Technology Co.Ltd(603601) announced its intention to participate in viap in February this year, the latter fell into business difficulties two months later.
> > > Click to view more wonderful articles in Shanghai Securities Journal
Securities Times (special area)
11 listed banks with a private bank scale of more than 8 trillion and intensive overseas configuration
According to the statistics of the semi annual report of listed banks by the reporter of the securities times, a total of 11 listed banks have disclosed detailed private bank data, and the total scale of managed private bank customer assets exceeds 8 trillion. Among them, Industrial And Commercial Bank Of China Limited(601398) , China Construction Bank Corporation(601939) , China Citic Bank Corporation Limited(601998) , China Minsheng Banking Corp.Ltd(600016) private bank customers increased significantly compared with the end of the previous year, reaching 11.1%, 10.27%, 15.06% and 11.5% respectively. It is worth noting that private banking businesses of many banks are intensively going to sea, overweight overseas asset allocation and competing for overseas high net worth people.
the sales of “limited competition houses” in Beijing are lower than expected, and the pressure on real estate enterprises will be greater next year
The so-called “limited competition housing” refers to the commercial housing under the land transfer mode of “limited house price and competitive land price”. The land transfer limits the future sales price of commercial housing, and it has attracted much market attention because the price is lower than the surrounding house price. Since the first batch of four projects entered the market in early June this year, the supply of “limited competition housing” in Beijing began to blowout. Only in the first half of September, five projects were concentrated into the market. So far, 18 projects have been opened into the market within three months, and the total supply of houses is close to 10000 sets.
the net inflow of main funds exceeded 10 billion, and the long enthusiasm of institutions rebounded
Data show that today’s institutional seats appear on the list of 13 stocks, of which 6 stocks are net bought and 7 stocks are net sold. Among the six net institutional purchases, Sinopec Oilfield Equipment Corporation(000852) was net purchased by institutions of 47.0431 million yuan, ranking first. Today’s share price rose by the limit. Among the top five business departments on the dragon and tiger list today, 4 institutional seats were purchased, 3 institutional seats were purchased for 51.3919 million yuan, and another institutional seat was sold for 4.3488 million yuan.
* ST Coconut Island launched a shell protection war and plans to transfer 60% equity of sunshine real estate
On the evening of September 19, * ST Coconut Island announced that in order to accelerate the industrial focus and fully realize the strategic positioning of returning to the liquor business, and to promote the comprehensive transformation of the real estate business, the company plans to publicly transfer 60% of the equity of sunshine real estate through Hainan property exchange. The company has determined that the listing price is no less than RMB 283 million. According to internal calculation, this transaction is expected to generate after tax income of about RMB 160 million for the company in the current period.
> > > Click to view more wonderful articles of the securities times
Securities Daily (special area)
the economic Blue Book of the Academy of Social Sciences predicts that the CPI increase this year will be less than 2%
On September 19, the Institute of economics of the Chinese Academy of Social Sciences and the social sciences literature press jointly released the economic Blue Book Summer No.: China’s economic growth report (2017-2018). The blue book summarizes and analyzes China’s economic growth from 2017 to 2018, and looks forward to China’s economy in 2018.
bancassurance sales of large amount of “deposit into insurance policy” reappeared. During the year, more than 10 insurance enterprises were fined for bancassurance business
Recently, Zhu in Harbin went to the bank to spend 8.4 million yuan on financial products, which eventually became an insurance product. The wonderful story that he needed to die or live to 108 to take out the principal aroused widespread concern in the society. Although it was finally refunded under the attention of relevant departments and media, misleading sales of Bancassurance such as changing deposits into insurance policies have occurred frequently since this year.
more than 10000 local financing platforms will break the rigid cashing
Recently, the guidance on strengthening the asset liability constraints of state-owned enterprises issued by the general office of the CPC Central Committee and the general office of the State Council proposed that local government financing platform companies that are seriously insolvent and lose solvency should be subject to bankruptcy reorganization or liquidation according to law, resolutely prevent “too big to fail” and risk accumulation from forming systematic risks. Experts believe that this means that a number of non-conforming local government financing platforms can be expected to implement bankruptcy.
new Nanyang was repeatedly raised. The controlling party Jiaotong University took the initiative to reduce its holdings and “give way”?
Under the continuous placards of CICC investment, Jiaotong University, the controlling shareholder of new Nanyang, began to “retreat”. On the evening of September 18, new Nanyang announced that the controlling shareholder of the company, Shanghai Jiaotong University Enterprise Management Center, reduced 5.73 million shares of the company’s tradable shares with unlimited sales conditions through block trading, at a transaction price of 26.09 yuan / share, accounting for 2% of the company’s total share capital, with a total reduction amount of 149 million yuan.
> > > Click to view more wonderful articles in Securities Daily
