On Thursday, December 2nd, the main contents of today’s headlines are:

China Securities Journal

In November, 47.14 billion yuan of taxes and fees were withheld from small, medium and micro enterprises in the manufacturing industry

According to the data released by the State Administration of Taxation on December 1, in the first month of implementing the phased tax deferral policy for manufacturing small, medium and micro enterprises in the fourth quarter, that is, from November 1 to 30, the accumulated deferred taxes of manufacturing small, medium and micro enterprises amounted to 47.14 billion yuan.

The executive meeting of the State Council pointed out that efforts should be made to rectify the arrears of small and medium-sized enterprises in accordance with the law and regulations

Premier Li Keqiang chaired an executive meeting of the State Council on December 1 to deploy measures to clean up the accounts owed to small and medium-sized enterprises and ensure the timely and full payment of migrant workers’ wages; The 14th five year plan for vocational skills training was reviewed and adopted to speed up the training of high-quality workers and skilled technical personnel.

It is expected that the incremental “long money” of A-share capital will enter the market in 2022

According to the data, in the first 11 months of this year, the net inflow of northbound funds into the A-share market was 343.1 billion yuan, directly catching up with the record of 351.7 billion yuan in 2019. Looking forward to 2022, many institutions predict that foreign capital, public funds and insurance capital will continue to overweight the layout of the A-share market, and the trend of steady inflow of incremental funds will not change. Meanwhile, the IPO is expected to maintain a stable rhythm.

The issuance of new special bonds this year is coming to an end, and the investment structure will be optimized

By the end of November, the amount of new special bonds issued this year was nearly completed. Experts believe that the scope of use of special bonds in the future is expected to be further optimized, such as more for affordable housing projects and supporting green and low-carbon development, so as to help local governments achieve more actual needs and give better effect to fiscal policies.

Shanghai Securities News

Many places have introduced plans to seize new opportunities of RCEP and welcome long-term benefits in cross-border e-commerce, light industrial machinery and other industries

The regional comprehensive economic partnership agreement (RCEP) will enter into force on January 1, 2022 for 6 ASEAN Member States and 10 countries including China, Japan, New Zealand and Australia. At present, there is less than one month left. According to the local industry and trade situation, many places in China have actively studied the tariff concessions and other related benefits brought by RCEP agreement, and introduced various measures to connect RCEP.

Approaching the high point of the year, the strong market of RMB exchange rate continued to perform

The strong market of RMB exchange rate continued to perform, approaching the high point of the year step by step. On December 1, the onshore and offshore RMB exchange rates against the US dollar hit the highs of 6.3596 and 6.3636 respectively, close to the annual highs of 6.3565 and 6.3598.

The CSRC clarified that the report that vie enterprises will be prohibited from listing abroad is untrue

Recently, foreign media reported that the CSRC would prohibit vie enterprises from listing abroad. In this regard, the official website of the CSRC released a news yesterday to clarify this in the form of questions and answers from the heads of relevant departments. The person in charge of relevant departments of the CSRC said that the CSRC has noticed the reports of relevant media, and this news is not true.

5.2 billion yuan! In the first November, the self purchase scale of the fund hit a record high

According to statistics, in the first November of this year, the self purchase scale and self purchase times of the fund both hit a record high. Among them, the self purchase scale of the fund company was 5.2 billion yuan, and the number of self purchases reached 386 times. Cathay Pacific Fund ranks first with a total self purchase scale of 390 million yuan, and 16 fund companies have a self purchase scale of more than 100 million yuan. In the view of insiders, it is often of certain wind vane significance for fund companies to use real gold and silver for self purchase, but it is also a marketing means to enhance investors’ willingness to purchase the base. When choosing self purchase funds, Jimin needs to consider a variety of factors comprehensively, and can not blindly “copy operations”.

securities times

The national standing committee will deploy measures to clean up the accounts owed to small and medium-sized enterprises and ensure the timely and full payment of migrant workers’ wages. The annual report of large enterprises shall publish the overdue payments to small and medium-sized enterprises

Premier Li Keqiang chaired an executive meeting of the State Council on December 1 to deploy measures to clean up the accounts owed to small and medium-sized enterprises and ensure the timely and full payment of migrant workers’ wages; The 14th five year plan for vocational skills training was reviewed and adopted to speed up the training of high-quality workers and skilled technical personnel.

Can monthly gold stocks of securities companies really “point stocks into gold”?

In December, the new monthly gold stocks of securities companies were gradually released. As the essence of the monthly strategy of securities companies, securities brokerage shares have become a fixed column for many brokerages in recent years, and are also the investment vane of many investors every month. On the whole, the gold stock portfolio of securities companies has maintained a good winning rate since this year. Data show that among the 51 securities companies that released the gold stock portfolio, 39 have achieved positive returns this year, accounting for about 76%. Considering that the CSI 300 index has fallen by about 7% this year, about 90% of the gold stock portfolio of securities companies has outperformed the CSI 300 index.

The “gap between the rich and the poor” of public funds widens, and small and medium-sized companies are in a dilemma of scale

In the process of institutionalization of the A-share market, the voice of public funds in the capital market has been gradually strengthened, and the overall asset scale has exceeded 24 trillion yuan. However, the “Gini coefficient” of inequality between the rich and the poor among fund companies is also getting larger and larger – the total management scale of 74 companies in the second half of the industry is only 1.08 trillion yuan, which is even less than that of a leading company. In the first half of the year, nearly 10 small fund companies were still struggling on the profit and loss line under the background of billions of management expenses of head companies.

Pension financial products will be issued soon, and the trillion “silver economy” market needs to be excavated

With the deepening of population aging, policies related to pension have been introduced one after another. On November 24, the opinions of the CPC Central Committee and the State Council on strengthening the aging work in the new era was released, which put forward a series of relevant measures to meet the multi-level and diversified needs of the elderly. It is required to improve the multi-level old-age security system, vigorously develop enterprise (occupational) annuity, and promote and standardize the development of the third pillar old-age insurance.

Securities Daily

Who can succeed in the 59 * ST companies under the new delisting regulations?

In the context of stricter supervision and upgraded delisting rules, some companies still try to exploit loopholes. The reporter of Securities Daily noted that since the beginning of this year, delisting risk stocks have lengthened the shell protection front, and some companies have started planning shell protection since the beginning of the year, such as improving business performance through mergers and acquisitions, signing business contracts, establishing new companies and carrying out new businesses. So, can these companies succeed?

During the year, 416 fixed increase cases were implemented by A-share listed companies, with a fund-raising amount of more than 730 billion yuan

Xinjiang Tianshan Cement Co.Ltd(000877) raised 94.171 billion yuan, Postal Savings Bank Of China Co.Ltd(601658) raised 30 billion yuan, Boe Technology Group Co.Ltd(000725) raised 20.333 billion yuan, S.F.Holding Co.Ltd(002352) raised 20 billion yuan… Since this year, private placement has been hot, and the magnitude of 10 billion yuan is set to increase. According to combing, as of December 1, 416 fixed increases were implemented by A-share listed companies during the year, which has exceeded that of last year, with a cumulative fund-raising amount of 730.535 billion yuan.

Will the breaking rate of 20% of new shares really become the norm?

From the current breaking rate data, it is not sure whether the breaking rate of 20% in the A-share market will become the norm in the future, but it is certain that the myth of the invincibility of new shares has become a thing of the past, and “innovation” in the future is also a kind of venture capital.

China’s refined oil price adjustment window opens at 24 o’clock tomorrow, or it is a foregone conclusion

The recent international oil price shows a trend of high-speed “subduction”. Although the North Sea Brent crude oil futures price and New York crude oil futures price both stopped falling and rebounded as of December 1, the cumulative decline in the previous four trading days exceeded 14%. Zhang Xiaojuan, head of the industrial products Department of Huishang futures, said that the recent sharp fluctuations in international oil prices are strongly related to the market panic caused by the newly discovered mutant strain in South Africa, the joint release of strategic oil reserves by many countries and the transformation of the Federal Reserve from pigeon to Eagle. In the short term, the fluctuation of international oil prices will intensify. As for the Chinese market, it is expected that there will be a wide reduction in the new round of price adjustment window of refined oil.

21st Century Business Herald

Global hedge capital supports the rise of RMB exchange rate against the trend, and hedge funds bet on the continuation of China’s high foreign trade boom

In the face of the increasing global spread of Omicron, the RMB exchange rate reproduces the nature of a safe haven currency. As of 19:00 on December 1, the RMB exchange rate against the US dollar in the onshore market hit 6.3706, and once hit the highest value of 6.3602 since early June; In the offshore market, the RMB exchange rate against the US dollar hovered at 6.3690, once approaching the year’s low of 6.3477. This means that since this week, the RMB exchange rate at home and abroad has risen by more than 200 basis points against the trend, ignoring the impact of the Omicron epidemic.

There is no stock god in the south! Some institutions suffered a huge loss of 24%, and investors said they were “cautious” in bottom reading

There are depressions below the depressions. On November 30, the Hang Seng Index fell sharply during the session, once reaching 23175 points, a new low for the year. At the same time, this intraday low almost fell below the low of Hong Kong stocks last year and hit a new low in nearly 13 months.

China business daily

Strengthen the supervision of off campus training fees in many places, and the government guidance price is ready to come out

With the “business to non business” period approaching, in order to ensure the public welfare attribute of discipline after-school training and block the channel of excessive profit seeking in the industry and running away of institutions, many places have successively announced the fund supervision rules for “pre charging” of after-school training institutions, and the implementation path of government price limit is gradually clear.

Price reduction of Longji silicon wafer is a precursor to the change of photovoltaic industry?

The production capacity of photovoltaic silicon wafers has continued to expand rapidly in recent years. Recently Longi Green Energy Technology Co.Ltd(601012) announced the price reduction, which makes the price reduction expectation of the whole industrial chain stronger and stronger. On November 30, photovoltaic leader Longi Green Energy Technology Co.Ltd(601012) (601012. SH) adjusted the official quotation of monocrystalline silicon wafers, and the price of silicon wafers of various sizes decreased by 0.14 yuan / piece ~ 0.67 yuan / piece, a decrease of 7.2% to 9.8%. In the past few years, the rapid capacity expansion of upstream silicon wafer enterprises has made market investors worry about overcapacity, resulting in “fierce competition”.

economic reference daily

Implementation scheme of carbon peak in iron and steel industry

Recently, it was learned that the implementation plan of carbon peak in China’s iron and steel industry and the roadmap of carbon neutralization technology have been basically formed. Overall, the plan highlights source reduction, strict process control, strengthening end-of-line treatment, and directly points to the synergy of pollution reduction and carbon reduction, so as to promote the comprehensive green transformation of economy and society. Industry insiders said that promoting carbon peak in the iron and steel industry is one of the ten actions of “carbon peak”. For the iron and steel industry, this is both an opportunity and a challenge. The iron and steel industry needs to deal with the relationship between development and emission reduction, overall and local, short-term and medium and long-term.

National Standing Committee: strengthen the rectification of accounts owed to small and medium-sized enterprises

The executive meeting of the State Council held on December 1 deployed measures to clean up the accounts owed to small and medium-sized enterprises and ensure the timely and full payment of migrant workers’ wages; The 14th five year plan for vocational skills training was reviewed and adopted to speed up the training of high-quality workers and skilled technical personnel.