On Wednesday, November 24th, the main contents of today’s headlines are:

China Securities Journal

CSRC: optimize and expand cross-border investment channels and enrich product supply

According to the news from the CSRC on November 23, Fang Xinghai, vice chairman of the CSRC, said at the 2021 China Singapore (Chongqing) strategic connectivity demonstration project financial summit that the CSRC will promote the high-level institutional opening of the capital market, continue to optimize and expand cross-border investment channels such as connectivity, and enrich the product supply and supporting system of cross-border investment. The CSRC is studying and formulating policies and measures for the capital market to support the goal of carbon peak and carbon neutralization, increasing financing support for green and low-carbon enterprises, and studying and improving the environmental information disclosure system of listed companies.

Pratt Whitney small and micro loan interest rates fell steadily

On November 23, the Information Office of the State Council held a regular briefing on the policies of the State Council. Relevant heads of the Ministry of industry and information technology and the people’s Bank of China introduced the relevant situation of strengthening the rescue and assistance to small and medium-sized enterprises. The financing of small and micro enterprises continued to maintain a good trend of volume increase, area expansion and price reduction. The weighted average interest rate of the newly issued Pratt Whitney small and micro enterprise loan in October this year was 4.94%, down 0.14 percentage points from December 2020. The interest rate of Pratt Whitney small and micro loans will continue to decline steadily on the basis of a sharp decline in 2020.

The roadmap for high-quality development of foreign trade in the 14th five year plan

The Ministry of Commerce reported on November 23 that recently, the State Council approved the Ministry of Commerce and other departments to organize the implementation of the “14th five year plan” for high-quality development of foreign trade. The plan issued by the Ministry of commerce puts forward five major objectives and ten key tasks for the development of foreign trade during the 14th Five Year Plan period.

Commodity prices fell, PPI rose to the top, and the signal emerged

Recently, the prices of various commodities have dropped significantly. Meanwhile, the spot prices of the six major industrial metals, from copper, aluminum and zinc to lead, nickel and tin, are higher than the futures prices for the first time in 14 years, which reflects that the market is not optimistic about the sustainability of the rise in commodity futures prices.

Shanghai Securities News

Incremental funds are ready to go. Listed companies on the Beijing stock exchange have become “new favorites” of institutions

Listed companies on the Beijing stock exchange have become the “new favorite” of institutions. The subscription application confirmation proportion of the first eight theme funds of the Beijing stock exchange has been disclosed one after another, and you can enter the site for investment in a few days. Meanwhile, more than 20 asset management institutions have announced that their public funds can invest in the subject matter listed on the Beijing stock exchange. The dragon and tiger list data also shows that existing institutions have begun to buy relevant targets on a large scale.

The CSRC is studying and formulating policies and measures to support carbon peaking and carbon neutralization in the capital market

Fang Xinghai, vice chairman of China Securities Regulatory Commission, said at the “2021 China Singapore (Chongqing) strategic connectivity demonstration project financial summit” that China Securities Regulatory Commission will promote high-level institutional opening, deepen China Singapore and China ASEAN capital market cooperation, support the implementation of capital market opening policy in Chongqing, and do a good job in the high-quality implementation of RCEP, We will continue to deepen cooperation in opening up capital markets and help create a new pattern of connectivity by strengthening green financial cooperation.

People’s Bank of China: appropriately improve risk tolerance and increase medium and long-term loans for manufacturing industry

On November 23, the Information Office of the State Council held a regular policy briefing to introduce the strengthening of relief and assistance to small and medium-sized enterprises. Zou LAN, director of the financial market department of the people’s Bank of China, said at the meeting that in the next stage, the financial sector will continue to deepen the structural reform of the financial supply side, promote financial institutions to improve the internal resource allocation, strengthen external incentives and constraints, put serving the real economy in a more prominent position, and guide financial institutions to invest more resources in manufacturing, small and micro enterprises Green development and other key areas of the real economy.

The decline period of securities lending balance refers to the convergence of discount. Why has the “short index” fallen sharply recently?

Recently, the trading data of margin trading and stock index futures market have attracted the attention of some investors: since late October, the previously growing balance of margin trading has suddenly plummeted. According to the exchange data, the balance of securities lending in Shanghai and Shenzhen has decreased by nearly 30 billion yuan in the past month, and the scale of securities lending is close to the lowest point this year.

securities times

Li Keqiang: relying on reform and opening up to enhance the driving force of development

From November 22 to 23, Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, accompanied by Li Qiang, member of the Political Bureau of the CPC Central Committee and Secretary of the Shanghai municipal Party committee, and Gong Zheng, mayor of Shanghai, inspected Shanghai. He stressed that we should adhere to the guidance of the thought of socialism with Chinese characteristics in the Xi Jinping new era, implement the spirit of the Sixth Plenary Session of the 19th CPC Central Committee, rely on reform and opening up to enhance the driving force of development, create a good environment conducive to the vigorous development of various market players, promote the stable operation of the economy and promote high-quality development.

The State Council approved the high-quality development plan of foreign trade in the 14th five year plan, and the high-quality development of foreign trade will leap to a new level in 2035

The State Council recently approved in principle the “14th five year plan” for high-quality development of foreign trade. The plan specifies that during the 14th Five Year Plan period, efforts will be made to further enhance the comprehensive strength of trade and further improve the trade security system, and lists the “three key points” of foreign trade during the 14th Five Year Plan period. Looking forward to 2035, the high-quality development of foreign trade will leap to a new level.

Fang Xinghai: expand cross-border investment channels and improve the business investment environment

Fang Xinghai, vice chairman of the CSRC, said at the 2021 China Singapore Financial Summit yesterday that the CSRC will promote the high-level institutional opening of the capital market, focus on the reform of the registration system, continue to strengthen the construction of the capital market system, continue to optimize and expand cross-border investment channels such as connectivity, and enrich the product supply and supporting system of cross-border investment, We will improve cross-border capital flows and risk monitoring and prevention mechanisms, and consolidate and improve the market-oriented, legal and international business and investment environment.

Cross border wealth management full moon: South favors deposits and North loves wealth management products

Since its opening on October 19, the cross-border financial link business in Guangdong, Hong Kong and Macao Dawan district has been running for one month, and the business activity and customer experience have been continuously improved. According to the data from Guangzhou Branch of the people’s Bank of China, as of November 22, the net inflow of cross-border financial management through beixiangtong was 111 million yuan, accounting for 0.07% of the available amount of 150 billion yuan, and the remaining amount was about 149.89 billion yuan; The net outflow from Nantong is RMB 90 million, accounting for about 0.07% of the available amount, and the remaining amount is RMB 149.91 billion.

Securities Daily

The first meeting of the municipal Party committee of the Beijing stock exchange considered Weibo hydraulic

According to the announcement released on the official website of Beijing stock exchange on November 19, the Listing Committee of Beijing stock exchange (hereinafter referred to as “Shanghai municipal Party committee”) is scheduled to hold the first review meeting in 2021 on November 26 to consider the application for public offering and listing of Weibo hydraulic on Beijing stock exchange. As a result, Weibo hydraulic became the first Shanghai Fair enterprise of Beijing stock exchange.

This year, 34 listed companies announced the “a demolition a” plan, and 20 aimed at the gem

Recently, Baoshan Iron & Steel Co.Ltd(600019) announced that it plans to spin off its subsidiaries to be listed on the gem. This will also expand the “a demolition a” camp to 34. The reporter found that the gem has become the main destination for spin off and listing, and 20 of the 34 have set the goal on the gem, accounting for nearly 60%. In addition, some listed companies have set their sights on the North stock exchange, and the relevant subsidiaries have entered the listing guidance period.

Contemporary Amperex Technology Co.Limited(300750) lead the new logic of technology stock investment

On November 22, Contemporary Amperex Technology Co.Limited(300750) share price hit a record high of 681 yuan / share. At the same time, it also led the gem index to rise by more than 2%. On that day, the circulation market value reached 1.39 trillion yuan, second only to Kweichow Moutai Co.Ltd(600519) .

The Ministry of Commerce issued the “14th five year plan” for high-quality development of foreign trade and promoted the growth of a number of leading cross-border e-commerce enterprises

According to the news on the website of the Ministry of Commerce on November 23, the Ministry of Commerce issued the high quality development plan for foreign trade in the 14th five year plan. The plan points out that during the “14th five year plan” period, China has entered a new development stage of building a socialist modern country in an all-round way, the world has accelerated the evolution of major changes that have not been seen in a century, and the opportunities and challenges facing the development of foreign trade have changed. We should enhance our awareness of opportunities and risks, accurately recognize changes, respond scientifically, take the initiative to change, seize opportunities, meet challenges, and take new steps in promoting the high-quality development of foreign trade.

people’s daily

Let subdivided demand boost industry upgrading

The new needs that consumers urgently need to meet are the new requirements for the industry. Many industry sectors try their best to capture and meet the segmentation needs. While opening up a new blue ocean, they also promote the transformation and upgrading of the industry itself.

21st Century Business Herald

Multi pronged bank rescue to help small and medium-sized enterprises expand supply chain financial coverage has become a breakthrough

On November 23, Zou LAN, director of the financial market department of the central bank, said at the regular policy briefing of the State Council that the central bank actively played the role of targeted regulation of refinancing and rediscount policies and precision drip irrigation, increased the amount of small refinancing by 300 billion yuan, and supported local corporate banks to increase loans to small and micro enterprises and individual industrial and commercial households. From 2020 to October this year, the bank has delayed the repayment of principal and interest on 14.4 trillion loans, including 11.8 trillion yuan to support small, medium-sized and micro enterprises, and 9.1 trillion yuan of inclusive small and micro credit loans.

Will it be long before the largest centralized collection of Chinese patent medicines in history is brought into the national centralized collection?

The largest collection in the history of Chinese patent medicine came as agreed. On November 19, Hubei provincial pharmaceutical price and bidding procurement management service network officially announced the centralized volume procurement document of Hubei led inter provincial alliance of Chinese patent medicines, and 17 product groups and 76 varieties of Chinese patent medicines were officially purchased.

China business daily

Why do Internet companies choose “away” to start litigation? This study gives the answer

Intellectual property related judicial decisions in the Internet field, even if the plaintiff is an “away” lawsuit, also show the characteristics of high winning rate, indicating that the intellectual property judgment scale of local courts is balanced and unified, and there is no protection of special regions, enterprises or industrial types.

Market expectations of RRR reduction are getting stronger: interest rate bonds tend to fluctuate at the end of the year, and real estate corporate bonds are divided

How does the bond market, which is most sensitive to liquidity changes, feel? A number of bond institutions told reporters that the policy is still determined, and the loose expectation is more due to the lack of coordinated correction of some previous policies, and the probability of reducing the reserve requirement is much greater than the interest rate. Under the expectation of tight funds at the end of the year, traders still dare not go long on interest rate bonds.

economic reference daily

The roadmap for high-quality development of foreign trade in the 14th five year plan is clear

With the approval of the State Council, the Ministry of Commerce officially issued the high quality development plan for foreign trade in the 14th five year plan (hereinafter referred to as the plan) on the 23rd. The plan puts forward ten key tasks, such as optimizing the structure of goods trade, innovating and developing service trade, accelerating the development of new trade formats, improving the digital level of trade, and promoting the integration of domestic and foreign trade. The reporter of the economic information daily noted that the planning weakens the quantitative indicators and emphasizes promoting the high-quality development of foreign trade driven by innovation.

At the end of the year, policies were issued repeatedly to escort small and medium-sized enterprises

With the year-end sprint to stabilize the economy and enter a critical period, it has become a top priority to strengthen the escort of market players, especially small and medium-sized enterprises. Recently, the State Council and several departments have frequently deployed to warm up enterprises and “tailor-made” voluntary services for small and medium-sized enterprises. Industry insiders said that in the next step, with the continuous release of favorable policies such as tax reduction and fee reduction, financing support and innovative development, the development vitality of small and medium-sized enterprises is expected to be further stimulated.