China Securities Journal ( zone )
four types of central enterprises are expected to be shortlisted in the second batch of “two types of companies” pilot
The pilot of state-owned capital investment and operation companies was further accelerated. China Securities Journal reporter learned on the 5th that there are 12 pilot enterprises of the second batch of “two types of companies”, which are expected to be launched in the near future. The pilot enterprises are mainly concentrated in competitive fields such as power generation, coal, construction, building materials and so on. With the acceleration of the establishment of the state-owned assets platform, the collection of state-owned assets funds has accelerated, and the investment and operation of state-owned capital has become more active.
build a bridge between banks and enterprises and increase financial support for small and micro enterprises
The people’s Bank of China and the all China Federation of industry and Commerce recently jointly held a symposium on financial services for private enterprises and small and micro enterprises. The main principals of 14 commercial banks including the establishment of diplomatic relations between workers and farmers and 29 private enterprises and small and micro enterprises made face-to-face communication at the symposium. Enterprises generally said that due to the increased downward pressure on the economy, stricter environmental protection requirements, strong supervision, deleveraging and other policies, there are problems in the financing of small and micro enterprises in terms of loan scale, approval efficiency and mortgage guarantee requirements, and private enterprises have difficulties in the issuance of credit bonds, equity pledge, PPP project financing and the recovery of accounts payable of large enterprises.
basically, it is expected to preliminarily verify the tenacity of the military industry sector
Since the beginning of the year, in the continuous correction, the military industry sector has been losing the market, and the previous recoveries have also been inferior to the downward pressure of the market. Analysts pointed out that, as one of the low-level sectors, the valuation of the military industry is still near the historical bottom. With the strengthening of basic expectations, the industry is expected to usher in a new business cycle. The tenacity of the plate in the adverse trend confirms its value from the side.
guarantee chaos leads to the secret relationship behind Tibet’s development
Three financial loan disputes totaling more than one billion yuan will expose the secret behind Tibet’s development – a group of skilful capital players, by setting up a complex ownership structure and with the help of a series of “vest” companies, swim among the three mysterious forces and do not hesitate to use leveraged funds to buy a shell at a high price. Unexpectedly, the capital market changes, asset securitization stops abruptly, and risk exposures are exposed one by one, which makes lawsuits entangled.
> > > Click to view more wonderful articles in China Securities Journal
Shanghai Securities News (special area)
Yi Gang, governor of the people’s Bank of China: treat the state-owned and private economies equally in the policy of loan and bond issuance
The people’s Bank of China and the all China Federation of industry and Commerce jointly held a symposium on financial services for private enterprises and small and micro enterprises on September 4. Yi Gang, governor of the people’s Bank of China, pointed out that the financial sector has always adhered to the “two unwavering” and treated the state-owned economy and the private economy equally in terms of financial policies such as loan policy and bond issuance policy.
target date of relay issuance of the first batch of pension target funds
The reporter learned that after the pension target fund of Huaxia Fund took the lead in entering the issuance period, China Europe foresees that the pension 2035 three-year holding (fof) will also be issued from September 10. In addition, some fund companies expect that other related products are also expected to be officially launched in September. This means that the first batch of pension target funds are successively opening the sales curtain.
the average position of private placement has reached a new low in recent three years. The institutional position index or reverse index
The latest statistics show that the current average position of private placement is 52.61%, of which 34.23% are below half position, and the average position of private placement is at the lowest level in recent three years. It is understood that the private placement group has a strong wait-and-see mood to reduce their positions. 61.26% of the fund managers said they would maintain their existing positions, and 33.33% of the fund managers intend to increase their positions.
backdoor listing for less than 4 years, Indo media is in a deep quagmire
Performance change, cancellation of dividends, resignation of senior executives, judicial freezing of shares of actual controllers, equity pledge touching the closing line… A number of “risk points” worried by market investors are now concentrated on Yinji media. On September 8, two days later, the short-term financing bond “17 Yinji entertainment cp001” issued by imprint media will expire, and the total principal and interest payable is 423.6 million yuan. The company said that the current balance of monetary funds is not enough to pay all principal and interest, and the debt repayment pressure is huge.
> > > Click to view more wonderful articles in Shanghai Securities Journal
Securities Times (special area)
perspective on stocks in the Internet: half of e-commerce lost 70% and new shares broke
With the introduction of the listing reform policy of the Hong Kong stock exchange this year, Hong Kong’s attraction to mainland new economic enterprises is also increasing day by day. From the perspective of enterprises that have disclosed the semi annual report, the performance of Internet new economy listed companies during the reporting period was mixed, and the performance of some enterprises showed strong industry characteristics.
The battle of 5g mobile phone has begun. It will be available in February next year
Several mobile phone manufacturers have successively released news about the progress of 5g mobile phone research and development. The most recent one is Xiaomi – Lin bin, President of Xiaomi, posted a mobile phone test photo on his microblog on September 3. The 5g words marked in the upper right corner of the mobile phone are particularly prominent. In fact, before Xiaomi, oppo and vivo have successively announced their progress in 5g mobile phone research and development.
the protection of investment income right of A-share listed companies is stable and good
With the gradual formation of the cash dividend system of listed companies with Chinese characteristics, under the internal guarantee and restriction of the articles of association of listed companies on the implementation of cash dividends, and under the guidance and supervision of the regulatory authorities on the cash dividends of listed companies, the shareholders’ return consciousness and return ability of Chinese listed companies have been significantly enhanced.
from “rush for food” to termination of acquisition Orient Group Incorporation(600811) resumption of trading fell by more than 6%
After announcing the termination of the major asset restructuring, Orient Group Incorporation(600811) resumed trading yesterday. After the resumption, the share price was close to the intraday limit. As of the close, the company’s share price was reported at 4.00 yuan, down 6.54%. Previously, on the evening of Orient Group Incorporation(600811) June 12, it was announced that the company planned to acquire 51% of the equity of Xiamen Yinxiang Feed Co., Ltd., Xiamen hailingbao Aquatic Feed Co., Ltd., Xiamen Yinxiang Meat Industry Co., Ltd., Xiamen Yinxiang meat products Co., Ltd., Xiamen Yinxiang Food Co., Ltd. and other subsidiaries held by Xiamen Yinxiang Group Co., Ltd. by issuing shares and paying cash, And become the actual controller of these companies.
> > > Click to view more wonderful articles of the securities times
Securities Daily (special area)
all parties focus on the problem of “blood loss” of small and micro enterprises. Experts say there is much room for “blood transfusion” of fiscal policy
Recently, all levels have proposed to solve the problems of difficult and expensive financing of small and micro enterprises. On September 4, the central bank and the all China Federation of industry and Commerce jointly held a symposium on financial services for private enterprises and small and micro enterprises. Yi Gang, governor of the central bank, pointed out that “several lifting” measures such as monetary policy, fiscal policy and regulatory policy should be adopted to stimulate the enthusiasm of financial institutions, unblock the policy transmission mechanism, and further increase financial support for small and micro enterprises.
the Shanghai Luntong will increase the activity of A-Shares without pumping effect
Experts believe that it is beneficial for China’s financial market risk prevention at this stage not to release the financing of Listed Companies in the A-share market of Shanghai Lun Tong and Shanghai Lun stock exchange for the time being. “Listed companies on the London stock exchange can only trade in the A-share market and can not raise funds from the A-share market. This avoids drawing funds from the A-share market.” Recently, Chen Li, director of Chuancai Securities Research Institute, said in an interview with Securities Daily.
in three days, 42 companies were increased by important shareholders and spent more than 1 billion yuan to pursue blue chip stocks
Recently, when the trading volume hovered around the 2700 point of the Shanghai Composite Index and the trading volume was depressed, the announcements of increasing the holdings of important shareholders of listed companies continued. Analysts believe that after the stock price continues to decline, the intention of important shareholders to protect the market or copy the bottom is obvious. According to the statistics of the market research center of Securities Daily, in the three trading days since September, important shareholders (only actual controllers, executives and company type shareholders) have increased or decreased their holdings of 72 companies in the secondary market, with a net increase of 216 million yuan.
Shanghai Sk Petroleum And Chemical Equipment Corporation Ltd(002278) the competition for control is not enough. The first shareholder of voting rights plays the “arbitration card”
The first extraordinary general meeting of shareholders in 2018 was held on Shanghai Sk Petroleum And Chemical Equipment Corporation Ltd(002278) August 30 to elect a new board of directors. Among them, three Zhongman members entered the board of directors and successfully removed one director. Only one member of Yingye culture was approved, the remaining original management was retained, and the personnel of the third board of directors were settled. Although the long-standing dispute over seats on the board of directors has been settled, there are still hidden worries about Shanghai Sk Petroleum And Chemical Equipment Corporation Ltd(002278) . Two days after the shareholders’ meeting, the company announced that it had recently received the notice letter of Yingye culture’s application for arbitration on the share purchase agreement.
> > > Click to view more wonderful articles in Securities Daily
