China Securities Journal ( zone )
fabricated proof to cheat loans, fictitious acquisition to escape accountability, “hunting” acquaintance contract fraud investigation
According to the search, there have been about 25000 documents on contract fraud in China every year since 2014, and the crime areas are all over the country. Among them, criminal cases account for about two-thirds of the field of contract fraud. The lawyer pointed out that the crime rate of contract fraud is high and the social harm is great; The criminal subject tends to be organized, and the gang crime is prominent; The areas involved in the case are expanding, and the characteristics of the object of infringement are prominent; The means of committing crimes are covert, intelligent and diversified; Most of the criminals return to their old jobs; The characteristics of cross regional crime are remarkable. In addition, the current contract fraud crime is developing to the “high end”, especially in the field of investment and financing. There are both Ponzi schemes for ordinary people and investment fraud for high net worth people.
commodity allocation value highlights the structural change of investors in the future market
The continuous development and accelerated internationalization of China’s futures market have continuously improved the influence of futures derivatives in the field of asset allocation and investment. Carrying out futures asset management and risk management business will bring significant development opportunities for futures operating institutions. At the same time, the innovation of futures operating institutions not only provides hedging and pricing tools for relevant industries, but also brings rare development opportunities for institutional investors.
has released a performance forecast for the third quarter, showing that nearly 70% of listed companies are expecting results
According to the data, as of September 9, 1175 listed companies had issued performance forecasts for the third quarter, and 777 were pre happy, with a pre happy proportion of 66.13%. Chemical industry, computer communication, medicine and other industries have the highest proportion of pre Hi, and contribute a large net profit as a whole.
multi factor driven semiconductor faucet still expects the strong to be constant
The semiconductor plate rose and fell last Friday, with violent fluctuations. Among them, the leading stocks Naura Technology Group Co.Ltd(002371) once fell by the intraday limit, and individual stocks such as Tech Semiconductors Co.Ltd(300046) , Hangzhou Silan Microelectronics Co.Ltd(600460) , Gigadevice Semiconductor (Beijing) Inc(603986) also fell significantly. In this regard, the analysis shows that, from a fundamental point of view, combined with the semi annual report performance of semiconductor listed companies, China’s semiconductor industry will continue to maintain rapid growth with the strong support of the state, and the semiconductor sector is still one of the important investment lines in the market.
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Shanghai Securities News (special area)
semi annual report inquires one after another about abnormal performance
With the official closure of the 2018 semi annual report disclosure, the Shanghai and Shenzhen Stock Exchange has gradually opened its inquiries on the semi annual report of listed companies. According to statistics, as of September 9, the Shanghai and Shenzhen Stock Exchange has issued semi annual report inquiry letters to 23 companies, including 14 companies in Shanghai and 9 companies in Shenzhen.
many ministries and commissions are planning to introduce policies to help rural infrastructure and launch the 100 billion rural highway upgrading and reconstruction plan in many places
As an important area of infrastructure “making up for weaknesses”, a series of policies to help rural infrastructure are expected to be introduced quickly. In addition, the Ministry of agriculture and rural areas is comprehensively understanding the investment needs for rural revitalization, including rural infrastructure construction, in order to lay the foundation for planning major projects for Rural Revitalization. According to the reporter’s combing, many places have started the rural road upgrading and reconstruction plan, and plan to invest 100 billion to upgrade and reconstruct rural roads.
the net profit of listed securities companies fell by more than 70% month on month in August, and the anti risk ability of leading companies is outstanding
Synchronized with the A-share market, the performance of listed securities companies also walked out of a “negative line” in August. As of September 7, the financial data briefing of 32 listed securities companies in August had been disclosed. Based on the combined caliber, the revenue of listed securities companies in August totaled 9.33 billion yuan, down 48.6% month on month; The net profit totaled 1.81 billion yuan, down 73.8% month on month. Among them, except Nanjing Securities Co.Ltd(601990) , Orient Securities Company Limited(600958) , the net profits of the other 30 listed securities companies decreased month on month to varying degrees, and the number of loss making securities companies increased to 9.
the central bank’s monetary policy operation tends to be accurate
On September 7, the people’s Bank of China launched a one-year medium-term lending facility (MLF) of RMB 176.5 billion to fully hedge the amount due on that day, the operating interest rate was unchanged at 3.3% of the previous period, and there was no reverse repurchase operation. From the perspective of the central bank’s recent monetary policy operation, while maintaining stability and neutrality, it pays more attention to structural and precise adjustment. The continuous MLF and directional repurchase of the same amount all reflect the fine regulation of inter-bank liquidity and control the general gate of money.
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Securities Times (special area)
legislative planning, promulgation of real estate tax law, etc. we hope to submit it for deliberation within 5 years
The legislative plan of the Standing Committee of the 13th National People’s Congress was recently announced, including 116 legislative projects. Among them, there are 69 items of category I, that is, the conditions are relatively mature, and it is proposed to be submitted for deliberation during the term of office of the Standing Committee of the 13th National People’s Congress. Among them, the concerned real estate tax law and Securities Law (Amendment) have been included in the first category, and the Securities Law (Amendment) has been submitted for deliberation. This also means that the real estate tax law will be reconfirmed.
housing related loans of A-share listed banks 26 trillion real estate enterprise development loans bucked the trend
Under the increasingly stringent regulatory policies, the housing related loans of listed banks still maintain a stable growth momentum. By the end of June, the balance of housing related loans of 26 A-share listed banks had totaled 25.92 trillion yuan, an increase of 7.7% over the beginning of the year, accounting for nearly 31.4% of the total loans.
149 futures companies have been classified and rated, and some companies have been downgraded by six grades
The classification evaluation results of 2018 futures companies were officially announced recently. 149 futures companies in the futures industry participated in the classified evaluation, of which 80 futures companies maintained the same rating, and the leading companies in the futures industry continued to maintain a stable pattern. Data show that 19 futures companies were rated “AA”, down 3 from last year. The number of class a companies was the same as last year, with 37 companies; The number of class B companies decreased from 100 last year to 94; The number of class C companies increased from 8 last year to 16; The number of class D companies decreased from 4 last year to 2.
* ST cloud was complained about Deluxe Family Co.Ltd(600503) holding hands with Evergrande to attract attention
Recently, the Shenzhen stock exchange received a complaint from investors that there were defects in the standardized operation of * ST cloud network. On September 3, the Shenzhen stock exchange sent a letter of concern to * ST cloud network, requesting to check whether the largest shareholder Shanghai Zhenxi enterprise management consulting partnership (limited partnership) submitted to the board of directors and the board of supervisors of the company to convene an extraordinary general meeting of shareholders; If yes, please specify the details of the above matters, including but not limited to the receiving time, the content of the proposal to convene the general meeting of shareholders, the deliberation of the board of directors and the board of supervisors, the time and content of feedback, the current progress, etc.
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Securities Daily (special area)
in the first half of the year, more than 90% of the companies on the gem returned to rational profit, and the premium rate decreased by 35.82%
With the disclosure of semi annual reports of listed companies one by one, the overall situation of gem in the first half of the year has also been fully displayed. Statistics show that the total operating revenue and net profit of all listed companies on the gem in the first half of the year increased by 19.92% and 8.13% respectively year-on-year, of which 91.1% achieved profitability and 65.21% achieved performance growth. In addition, the attitude of GEM companies towards asset restructuring has gradually returned to rationality. In the first half of the year, the average premium rate of restructuring was 4.3 times, a year-on-year decrease of 35.82%, and only one company had a premium rate of more than 10 times.
in the first seven months, the original premiums of 8 insurance companies decreased by more than 50% year-on-year, and the solvency of more than 50 insurance companies approached the regulatory line
According to the latest data disclosed by the CBRC, from January to July this year, the original premium income of life insurance companies was 1775.458 billion yuan, a year-on-year decrease of 7.39%. From the situation sorted out by the reporter, among the 91 insurance companies in the first seven months, 32 insurance companies’ original premiums fell year-on-year, accounting for 35%; The original premiums of 48 companies are increasing, accounting for 52.7%; The remaining 11 insurance companies have no comparable data due to their new opening this year.
the amount of Telecom fraud frozen in Shenzhen during the year exceeded 300 million yuan. Among the victims, the post-90s accounted for the largest proportion
In recent years, telecommunications fraud has shown a high incidence trend. Due to the characteristics of telecommunications fraud, such as long information dissemination chain, hidden implementation behavior, many subjects involved, and easy concealment of identity information, case detection needs the joint efforts of many parties, and there are multiple difficulties in recovering the losses of victims. In the first eight months of this year, Shenzhen anti Telecom fraud center has frozen 308214700 yuan of funds for the bank account involved, a year-on-year increase of 3.51%.
Yunnan Luoping Zinc&Electricity Co.Ltd(002114) 20 directors, supervisors and senior managers were fined a total of 950000 yuan
On the evening of September 7, Yunnan Luoping Zinc&Electricity Co.Ltd(002114) announced that the company had received the advance notice of administrative punishment issued by Yunnan regulatory bureau of China Securities Regulatory Commission, and Yunnan Luoping Zinc&Electricity Co.Ltd(002114) did not disclose the rectification and disposal of 100000 tons of lead containing waste residue in the 2016 annual report, 2017 semi annual report and 2017 annual report in accordance with the provisions; In addition, the company did not disclose a number of administrative penalties in time. Yunnan Regulatory Bureau ordered Yunnan Luoping Zinc&Electricity Co.Ltd(002114) to make corrections, gave a warning and imposed a fine of 600000 yuan; The then Chairman Yang Jianxing and other 20 responsible persons were subject to administrative punishment. According to the reporter’s statistics, the 20 Dong Gaojian involved in the above-mentioned cases were fined a total of 950000 yuan.
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