China Securities Journal ( zone )
the measures of reducing leverage and reducing liabilities of state-owned enterprises accelerated the implementation of more than 30 central enterprises
State owned enterprises are offering a combined fist to control liabilities, and a number of measures to reduce leverage and reduce liabilities are accelerating the implementation. China Securities Journal reporter learned from insiders on the 18th that more than 30 highly indebted central enterprises added binding indicators for reducing leverage and reducing liabilities in their 2018 operating performance letters of responsibility. Experts believe that classification, deadline and marketization have become important ideas for central enterprises to deal with debt in this round. Reducing debt rigid constraints will effectively suppress the “debt impulse” of state-owned enterprises and force the reform process of state-owned enterprises to speed up.
the investment income of enterprise annuity in the second quarter exceeded 5.2 billion yuan
According to the second quarter national enterprise annuity fund business data report recently released by the Ministry of human resources and social security, at the end of the second quarter, the total scale of national enterprise annuity accumulated funds increased by more than 80 billion yuan compared with the end of 2017, the overall income was stable, and the weighted average rate of return in the second quarter was 0.41%.
arbitrary suspension has become a “persistent disease” and the improvement of the system is on the line
So far, 690 listed enterprises have been suspended. Among them, 6 companies suspended for more than 700 natural days. The national stock transfer company recently said that from January to August this year, the stock transfer company implemented compulsory resumption measures for 10 companies whose trading has been suspended for a long time without reasonable reasons. Insiders pointed out that the long-term suspension has become a “persistent disease” of the new third board market.
Investment Service Center questioned Leo Group Co.Ltd(002131) acquisition of Suzhou Mengjia
On September 18, CSI small and medium-sized Investor Service Center (hereinafter referred to as “investment service center”) questioned Leo Group Co.Ltd(002131) ‘s plan to acquire 75% equity of Suzhou Mengjia with RMB 2.34 billion. The Investment Service Center said that some of the targets of the company’s previous mergers and acquisitions could not achieve the promised performance, and the huge goodwill generated by the company’s mergers and acquisitions faced the risk of impairment, with a significant increase in accounts receivable and worrying asset status.
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Shanghai Securities News (special area)
the new deal of mixed reform breaks through multiple obstacles, and the number of ESOP pilot enterprises is not limited
A heavy document that broke through the obstacles of multiple mixed reform system was officially released. According to the news on the website of the national development and Reform Commission on the 18th, the national development and Reform Commission, together with the Ministry of finance, the Ministry of human resources and social security, the Ministry of land and resources, the SASAC, the State Administration of Taxation, the Securities Regulatory Commission and the Bureau of science, technology and industry for national defense, issued the opinions on several policies for deepening the pilot reform of mixed ownership (hereinafter referred to as the “opinions”) on the pricing mechanism of state-owned assets, employee stock ownership The contents related to the mixed reform of the group company shall be clarified.
the US $13 trillion market needs to be leveraged. Shanghai government and enterprises will smash 17 billion to “outwit” the AI industry
Where is the tuyere, there is capital. How can capital be absent if Shanghai wants to build an artificial intelligence (AI) highland? At the “investment and financing theme forum” of the “2018 World Artificial Intelligence Conference” on the 18th, Shanghai “government, enterprise and capital” jointly released three artificial intelligence industry funds, with a total scale of 17 billion yuan. At the same period forum, many industry leaders said that while promoting the development of disruptive technologies, they would focus on exploring investment opportunities in the field of artificial intelligence applications.
Shenzhen stock exchange plans to promote the “1 + 2” core index
“With China’s further opening to the outside world, international index companies have successively entered the Chinese market, and the index business shows the trend of international competition. China still has a long way to go to build an index and index product system with international influence.” At the 12th index and index investment forum held on the 18th, the relevant person in charge of Shenzhen Stock Exchange said.
the business qualification of “throwing the pot” intermediary is limited, and the prospect of Macquarie’s restructuring is unknown
On the evening of the 18th, Merrill, who was suspended, issued another announcement on the progress of restructuring. As before, it still did not respond to the regulatory letter of the Shenzhen Stock Exchange, nearly two weeks after the Shenzhen Stock Exchange put forward the requirements for the disclosure of special opinions of financial advisers and external disclosure of rectification measures. Mai Zeer, who was suspected of being suspended for “risk avoidance” in June this year, recently postponed the restructuring again due to a seemingly “low-level” mistake.
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Securities Times (special area)
the enterprise annuity remained stable in the adjustment, and the investment in the first half of the year obtained positive income
Recently, the social insurance fund supervision bureau of the Ministry of human resources and social security released the business data of national enterprise annuity fund in the second quarter of this year. In the first half of the year, with the continuous adjustment of the A-share market, the overall enterprise annuity and equity investment realized positive returns.
big retail battle! Great changes in the retail sector of the three stock banks
The battle for big retail is becoming more and more fierce. This is not only reflected in the active efforts of banks in retail loans, as well as retail financial management, private banking, credit card and other businesses in recent years, but also one of the key points in the adjustment of the internal organizational structure of the retail business sector. However, compared with the adjustment at the business level, the latter is obviously more low-key.
the reduction of new shares hit, and shareholders of many companies intend to cash out
Recently, the trend of A-share market is weak, and some shareholders of small and medium-sized start-ups still choose to reduce their holdings and cash out, including secondary new shares listed for less than two years. On September 18, Shenzhen Emperor Technology Company Limited(300546) announced that Xie Jianlong, a shareholder with a shareholding of 4.83%, planned to reduce the company’s shares by no more than 1352100 shares (accounting for 1% of the total share capital) in the form of centralized bidding or block trading within three months. The reason for the proposed reduction was “capital needs”.
Beijing Spc Environment Protection Tech Co.Ltd(002573) terminate the acquisition and do not resume trading temporarily. It is proposed to “introduce” strategic shareholders
In order to plan to issue shares to purchase assets Beijing Spc Environment Protection Tech Co.Ltd(002573) suspended for three months, the disclosure announcement terminated this matter on the evening of September 18. At the same time, the company received a notice from the controlling shareholder Beijing shijidihe Holding Co., Ltd. that it plans to introduce strategic shareholders to the listed company through debt to equity swap or equity transfer, and the trading of the company’s shares will not be resumed for the time being.
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Securities Daily (special area)
the national development and Reform Commission will make stable and effective investment and strive to start a number of new major projects within the year
On September 18, the national development and Reform Commission held a press conference to introduce the relevant work of “strengthening efforts to make up for weaknesses in infrastructure and other fields, stabilizing and effective investment”. Meng Wei, deputy director of the policy research office and spokesman of the national development and Reform Commission, said at the press conference that since this year, the national development and Reform Commission, together with relevant departments and local governments, has earnestly implemented the work deployment of the Party Central Committee and the State Council, adopted a series of policy measures, and effectively strengthened efforts to make up for weaknesses in key areas and weak links.
detailed rules for the brewing of individual income tax mortgage interest deduction experts say it will stimulate just in need admission
The reporter of Securities Daily learned that at present, the relevant departments are working hard to formulate the detailed rules for six special additional deductions of individual income tax, such as housing loan interest or housing rent. Huang Zhilong, director of the macroeconomic research center of Suning Financial Research Institute, told the Securities Daily that the pre tax deduction of housing loan interest is equivalent to the reduction of loan interest rate, which is a positive factor for the property market as a whole. The deduction of housing rent is also conducive to the development of the housing rental market and can encourage groups or families with housing demand to enter the housing rental market.
In during the year, 34 listed companies were asked about blockchain, and only 9 landing applications were embarrassed
In 2018, listed companies began to focus on “blockchain”. In January this year alone, 16 listed companies in Shanghai and Shenzhen stock markets were inquired by the exchange because they were involved in hyping the concept of blockchain. Since then, although the popularity of the blockchain concept has decreased, the regulatory authorities have not relaxed, and there are basically news that several companies are inquired about because of the blockchain every month.
Jiangsu Daybright Intelligent Electric Co.Ltd(300670) the restructuring plan is released. Investors do not buy the account and resume trading. The three touch limit has broken the additional offer price
The share price of Jiangsu Daybright Intelligent Electric Co.Ltd(300670) which has been suspended for 119 consecutive days has experienced continuous decline since the resumption of trading on September 14, 2018. From September 14 to September 18, the company’s share price hit the limit line for three consecutive days, with a cumulative decline of 27%. During the suspension period, in addition to the disclosure of the proposed acquisition of 70% equity of Suzhou Guoyu Carbon Fiber Technology Co., Ltd. (hereinafter referred to as “Suzhou Guoyu”) by RMB 315 million, the company also disclosed the semi annual report of 2018.
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