China Securities Journal ( zone )
the problem of “too much money” in the inter-bank market remains to be solved by the policy joint force
Since July this year, a large amount of liquidity released by the easing of monetary policy has accumulated in the inter-bank market, which has “crushed” the income of interest rate bonds and high-rated credit bonds, and caused the repurchase rate and interbank certificate of deposit interest rate to decline sharply.
central bank: strengthening risk prevention and management in Inclusive Finance
The financial consumer rights protection bureau of the people’s Bank of China released the 2017 China inclusive financial indicators analysis report (hereinafter referred to as the report) on the 13th. The report points out that China’s basic financial services have basically achieved full coverage of administrative villages, the use of bank settlement accounts and bank cards has been widely popularized, electronic payment has developed rapidly, the use of insurance products and services has increased steadily, credit construction has been steadily promoted, consumers’ financial literacy has been improved, and the construction of non litigation settlement mechanism for financial consumption disputes has made progress, Credit support for inclusive finance grew steadily and credit barriers improved, but credit support in some areas needs to be strengthened.
since this year, the fixed increase financing scale has decreased by 30%
Data show that as of August 13, the equity refinancing scale of listed companies has decreased by 10.99% year-on-year since this year. Among them, 199 companies raised a total of 551.2 billion yuan, a year-on-year decrease of 31.39%, and more than 50% were additional issuance of non cash assets.
there is something wrong with the huge contract of Shenzhen Ecobeauty Co.Ltd(000010) 3 billion yuan
The EPC contract with a cost of up to 3 billion yuan has not made any progress for more than a year since it was signed, and the employer of the transaction has become an “old Lai”. Shenzhen Ecobeauty Co.Ltd(000010) Bada garden, a wholly-owned subsidiary, contracted a general contracting project for the construction of a resort park last March. The reporter recently conducted an in-depth investigation and found that the name, planning, main company and investment amount of the Resort Park project have changed, but the listed company has not disclosed this, nor fully disclosed the uncertainty of whether the project can be successfully implemented, which is suspected of violation of the letter phi.
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Shanghai Securities News (special area)
the semi annual report of local economy presents three highlights
Recently, all the economic data of the first half of the year have been released all over the country. It is found that there are many bright spots in the regional plate in the first half of the year. Most of the provinces with the fastest GDP growth are concentrated in the Yangtze River economic belt, accounting for seven of the top ten. In addition, the northeast economy continues to stabilize and recover, and the coordinated development of Beijing, Tianjin and Hebei is more significant.
the “report card” of commercial banks was released in the first half of the year, and the profit growth was basically stable
Bank Of China Limited(601988) the Insurance Regulatory Commission released the data of major regulatory indicators of the banking industry in the second quarter of 2018 on the 13th. According to the data, the profit growth of commercial banks in the first half of the year was basically stable, with a cumulative net profit of 1032.2 billion yuan, a year-on-year increase of 6.37%, and the growth rate decreased by 1.55 percentage points compared with the same period last year.
the two ministries and commissions issued a document prohibiting the illegal addition of cement flat glass production capacity
In view of the emerging problems of new capacity projects in cement and flat glass industry in some places, the general office of the Ministry of industry and information technology and the general office of the national development and Reform Commission recently issued the notice on strictly replacing capacity and prohibiting new capacity in cement and flat glass industry (hereinafter referred to as the notice). The notice emphasizes source control and strictly prohibits the filing of new capacity projects.
how long will the major shareholders raise their cards again Shanghai Haixin Group Co.Ltd(600851) in the “uncontrolled” state
Through this series of operations, Shanghai Haixin Group Co.Ltd(600851) now the largest shareholder, Shenzhen Ningrui, holds another 1023000 shares, accounting for 10% of the total share capital of the company together with the persons acting in concert. Some analysts believe that after more than two years from the first card raising, the company touched the card raising line again. Under the background that the company has no controlling shareholder and no actual controller, the action of “raising cards for the purpose of raising cards” is quite noteworthy.
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Securities Times (special area)
bank lending accelerated. New loans in July were 1.45 trillion
Statistics released by the central bank yesterday showed that new RMB loans reached 1.45 trillion yuan in July, exceeding market expectations. The growth rate of broad money (M2) also rebounded to the bottom, an increase of 0.5 percentage points to 8.5% over the previous month. It is generally believed in the industry that the higher than expected growth of RMB credit indicates that banks’ lending ability and willingness are enhanced. At the same time, the optimization of credit structure is conducive to the continuous expansion of domestic demand.
multiple positive factors promoted the sudden rise of phenol price, and petrochemical enterprises benefited significantly
Although it is in the off-season, the recent price rise of phenol products has warmed up the performance expectations of relevant petrochemical enterprises. In the past half a month, the listing price of phenol in China has increased by about 10% due to factors such as the price rise of upstream raw materials pure benzene and propylene.
the market is depressed and several funds failed to raise
The market is in a downturn, the issuance of new funds is difficult, and the cases of fund-raising failure also occur frequently. Since the second half of the year, four funds have issued announcements that the fund contract cannot take effect, and the number of new fund raising failures has reached the sum of fund raising failures in the first half of the year. At the same time, the phenomenon of extending the raising period of new funds has also occurred frequently. More than 30 funds have extended the raising in the second half of this year, and more funds have extended the raising twice, which finally failed.
Jinlong Machinery & Electronic Co.Ltd(300032) the shareholding of major shareholders is frozen or on the verge of bankruptcy
Jinlong Machinery & Electronic Co.Ltd(300032) (300032) on the evening of August 13, it was announced that the company recently learned through the system query of China Securities Depository and Clearing Co., Ltd. that some shares of the company held by the controlling shareholder Jinlong group of the company had been frozen by justice.
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Securities Daily (special area)
four tasks for the opening of A-Shares will be finalized, and the proportion of foreign capital allocation will be increased by
Since this year, regulators have insisted on promoting the steady and healthy development of the capital market by deepening reform and opening up, which has enhanced the confidence of foreign investors. In the first seven months of this year, the cumulative net inflow of overseas funds into the A-share market was 161.6 billion yuan. The net inflow of overseas funds in June and July was 49.8 billion yuan. Since the beginning of the year, the pace of expansion and opening up has accelerated, raising the expectation of foreign investment in a shares.
ten measures to block the risk of online loan industry face a major reshuffle
Online lending institutions welcome new regulatory regulations again. Recently, the leading group office for the special rectification of Internet financial risks and the leading group office for the special rectification of P2P network lending risks jointly held a symposium on the risk disposal and standardized development of online lending institutions, studied and formulated the next risk response measures, and put forward ten work arrangements.
after the new regulations of asset management have been implemented for 100 days, the financial management popularity of net worth banks is growing
A series of new regulations in the field of asset management and financial management have been implemented relay, and all parties in the market have adjusted and turned accordingly. From the perspective of big data, the issuance of bank breakeven financial products that do not comply with the principle of “breaking the rigid cashing” is decreasing, and the yield is also decreasing; Correspondingly, the issuance of net worth bank financial products in line with regulatory guidance increased.
failed to reply to the inquiry letter of Shenzhen stock exchange for one month, and the pledge proportion of the controlling shareholder of Shenzhou Great Wall is close to 100%
The great wall of China, which should have replied to the inquiry letter before July 12, failed to reply as required until August 13. In view of the high accounts receivable and other phenomena, Shenzhen Stock Exchange raised 21 sharp questions to the great wall of China. In addition to the extremely high receivables, the liabilities of Shenzhou Great Wall reached 9.408 billion yuan. Recently, the financing matters of the company were frozen to raise funds, and the problems of the capital chain were exposed one by one.
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