On Tuesday, November 30th, the main contents of today’s headlines are:
China Securities Journal
There will be more specific arrangements for the relevant rules of independent directors
China Securities Journal reporter learned on the 29th that relevant departments are promoting the formulation of the regulations on the supervision and administration of listed companies. The regulations will make specific arrangements for the relevant rules of independent directors.
Implementation of Party commitment system in Securities and futures administrative law enforcement
Premier Li Keqiang recently signed an order of the State Council to promulgate the measures for the implementation of the party commitment system for administrative law enforcement of securities and futures, which will come into force on January 1, 2022. The Measures stipulate the commitment system of administrative law enforcement parties in the form of administrative regulations, and clarify the use and management methods of commitment funds. On November 29, the CSRC solicited opinions on the two supporting systems of the measures.
The second batch of public offering REITs “one vote is hard to get”
On November 29, the REITs of CCB Beijing Centergate Technologies (Holding) Co.Ltd(000931) Industrial Park and Huaxia Yuexiu Expressway sold out one day. Huaxia Fund announced in the evening of November 29 that the cumulative effective subscription application shares of public investors of the fund have exceeded the upper limit of the initial raising scale of public investors, and the proportional placement will be started. Low investment threshold, rich and high-quality investment projects, stable dividend mechanism, strong investment liquidity and perfect asset allocation portfolio have become important reasons to attract investors.
“Omicron” impact Co., Ltd. has strong attraction to Chinese assets
Last Friday, under the impact of covid-19 mutant strain Omicron, the overseas market generally fell sharply and the market risk aversion increased. On November 29, the fluctuation of overseas market converged, the performance of A-share market was strong, and the growth enterprise market index rose by 1%.
Shanghai Securities News
The party commitment system for securities and futures administrative law enforcement will come into force next year
The parties involved in the administrative law enforcement of securities and futures related to all securities market investors promised that the new regulations were introduced yesterday and will be officially implemented from next year. The protection of investors in the securities market will be further strengthened.
Sprint for the annual target horse hoof disease, multiple arrows fired at the same time, with steady growth
From the perspective of local public information, recently, various localities have held meetings to study and deploy the work in the fourth quarter of this year, and “steady growth” has become a key word. Many places stressed that this year is the first year of the 14th five year plan, and it is particularly important to complete the annual goals and tasks and maintain steady and healthy economic development. Recently, the relevant statements of the central government have sent a signal that the policy is inclined to steady growth. Cheng Qiang, chief Macro Analyst of Citic Securities Company Limited(600030) predicts that the amount of special bonds in 2022 will be released in advance this year, and the total scale is expected to be more than 1 trillion yuan, supporting the stable operation of the economy in 2022. The follow-up special bonds are expected to further broaden the scope of application and support the development of green and low-carbon projects.
In November, the net financing scale of interbank certificates of deposit reached a single month high in recent three years
The net financing amount of interbank certificates of deposit has risen sharply for two consecutive months, especially since November. According to statistics, as of November 29, 2021, the total amount of interbank certificates of deposit issued in November reached 2399.62 billion yuan, and the maturity was 1651.96 billion yuan, making the net financing scale of this month reach 747.66 billion yuan, a new high of single month net financing scale in recent three years.
Institutional outlook for December: the global epidemic has repeatedly increased, the index fluctuation is expected, and the industry configuration focuses on the certainty of performance
Looking at the historical market of a shares, December every year often becomes a sensitive period of market variation. On the one hand, the rise and fall of individual stocks at the end of the year directly affect the annual ranking of the fund, and the warming of institutional game leads to increased index fluctuation; On the other hand, the focus of funds has shifted from the performance of the current year to the performance of the next year. The differences in the judgment of the macro environment and industry prospects will lead to differences in the direction of fund position adjustment. Under the background of uncertain transmission and destructive power of covid-19 mutant strain Omicron, many institutions still recommend maintaining neutral judgment. In addition, factors such as global supply chain problems still exist, and “performance certainty” has increasingly become the focus of capital year-end layout.
securities times
Behind the change of performance: five mysteries to be solved
In just one year, the share price fell by nearly 80%. This is the current situation of Offcn Education Technology Co.Ltd(002607) known as the great white horse of civil service examination and training. The market value of the listed company has shrunk from nearly 270 billion yuan at the peak to 61.4 billion yuan at present.
Shanghai regional private equity and venture capital share transfer pilot approved
The China Securities Regulatory Commission recently approved the pilot transfer of private equity and venture capital shares in Shanghai’s regional equity market. The pilot implementation is an important measure to implement the opinions of the CPC Central Committee and the State Council on supporting the high-level reform and opening up of Pudong New Area and building a leading area for socialist modernization.
Shanghai data regulations issued to promote international Shanghai Athub Co.Ltd(603881) construction
On November 29, the Shanghai Municipal People’s Congress officially promulgated the Shanghai data regulations, which will come into force on January 1, 2022. According to the Shanghai data regulations, the Shanghai Municipal People’s Government shall, in accordance with the national requirements, deepen the reform of market-oriented allocation of data elements, formulate promotion policies, cultivate a fair, open, orderly and honest data element market, establish market operation systems such as asset evaluation, registration and settlement, transaction matching and dispute resolution, and promote the orderly flow of data elements according to law.
The party commitment system for securities and futures administrative law enforcement will come into force next year
The State Council yesterday issued the measures for the implementation of the party commitment system for administrative law enforcement of securities and futures, which will come into force on January 1, 2022. The CSRC simultaneously solicited public opinions on the provisions on the implementation of the party commitment system for securities and futures administrative law enforcement (hereinafter referred to as the rules).
Securities Daily
Give full play to the characteristics of the party commitment system of administrative law enforcement, and the CSRC will solicit opinions on the two relevant documents
On November 29, the CSRC solicited public opinions on the provisions on the implementation of the commitment system of parties to securities and futures administrative law enforcement (Draft for comments) (hereinafter referred to as the provisions) and the measures for the administration of commitment funds of parties to securities and futures administrative law enforcement (Draft for comments) (hereinafter referred to as the commitment funds measures). The deadline for feedback is December 13, 2021.
RMB 1 million reporting reward will activate and straighten out the market order tomorrow, and it is urgent to jointly govern and build
As early as July 30, the State Administration of market supervision and the Ministry of Finance jointly issued the Interim Measures for reporting and rewarding major violations in the field of market supervision. According to the measures, four types of major violations will be rewarded: major violations in violation of laws and regulations related to the quality and safety of food, drugs, special equipment and industrial products; Major illegal acts with regional and systematic risks; Major illegal acts that have a great social impact in the field of market supervision and seriously endanger the personal and property safety of the people; The illegal act of transferring a suspected crime to a judicial organ and being investigated for criminal responsibility.
A number of central enterprises plan to go public with the mixed reform of “spoilers”, and the mixed reform is expected to show a rapid growth of “quantity” next year
Recently, the capital increase of CGN wind power company exceeding 30 billion yuan was officially signed in Beijing Equity Exchange. This large-scale mixed reform project undoubtedly adds a new “fire” to the goal of completing the “annual inspection” of the three-year action of state-owned enterprise reform at the end of this year.
China’s pension funds hold less than 5% of the value of a stock market, and there is more room for private pensions to enter the market
Wang Xin, director of the Research Bureau of the people’s Bank of China, recently said that on the premise of preventing risks, we should support pension funds to invest in the capital market. In this regard, industry insiders interviewed by the reporter said that from the perspective of the global mature capital market, pension funds are important participants in the capital market. Pension funds obtain income by investing in the capital market. While achieving the goal of maintaining and increasing value, they will also promote the development of multi-level capital market to be more perfect.
people’s daily
Promote efficient configuration of data elements
While improving the quantity and quality of data products, we should coordinate the development and utilization of data, privacy protection and public security, let data elements fully participate in market allocation, release digital dividends and help high-quality development.
21st Century Business Herald
Watson, a well-known economist and former independent director of Vanke, talked about the independent director system: it really didn’t play a big role, and the money was wronged
Independent directors, an exotic product, have entered the corporate governance structure system of China step by step. However, in the past two decades of operation, China’s capital market has developed rapidly, but the independent directors have encountered various doubts such as “not alone”, “not understanding”, “vase” and so on.
Strong rebound after the sharp fall of international oil prices: mutant strains hit, and the trend of oil prices is confusing
After a one-day slump of more than 10%, the crude oil market stabilized and rebounded strongly again. Many investment institutions pointed out that under the premise that the current information in all aspects is not clear, the previous sharp decline in oil prices is only “excessive shock”. There are also different views on whether the follow-up crude oil price forecast is long-term stable or weak.
China business daily
The issuance of interbank certificates of deposit has warmed up again, and small and medium-sized banks are the main force of issuance
Near the end of the year, the issuance of interbank certificates of deposit has warmed up again. On November 29, according to the statistics of the first finance and economics reporter, the scale of inter-bank certificates of deposit issued and to be issued in November reached 2409.09 billion yuan, and the net financing scale was 757.130 billion yuan, the highest monthly net financing since this year.
The average annual net decrease of working age population is 7 million, and the financing mechanism of medical insurance has become the focus of reform
2020 is the first year for China to comprehensively deepen the reform of the medical security system, which also marks the transformation of China’s medical security from inclusive “incremental” reform to structural optimization “stock” reform. In the next decade, China’s medical insurance will face the dual pressure of population aging and interest pattern adjustment.
economic reference daily
A new batch of major projects will accelerate the promotion of investment in advanced manufacturing and increase stamina
It is understood that recently, many places have accelerated the implementation of a new batch of measures to promote steady industrial growth and investment, focused on key areas such as new generation information technology, new energy and high-end equipment, and strengthened the reserve and construction of advanced manufacturing projects. At the same time, relevant departments will further promote effective industrial investment, support local governments to start the construction of key projects, promote the optimization and upgrading of the whole industrial chain, and cultivate a number of advanced manufacturing clusters. Local governments will also step up the introduction of detailed policies such as capital and land use to boost the implementation of projects and inject power into the improvement and upgrading of advanced manufacturing industry.
The green transformation of energy was supported by policies, and trillions of funds rushed in
Behind the launch of new energy fields and related projects such as hydrogen energy in various ways is the support of policies and the influx of funds. It is understood that the development plans of hydrogen energy and other related industries are expected to be released one after another, and the supporting tools for carbon emission reduction in many places have also begun to be intensively implemented. People in the industry expect that the scale will exceed trillion yuan by the end of next year.
