On Monday, November 1st, the main contents of today’s headlines are:

China Securities Journal

The system and rules are basically complete, and the Beijing stock exchange is only waiting for the gong to open

Recently, a number of basic and key institutional rules were issued, marking the countdown to the opening of the Beijing stock exchange. On October 30, the CSRC and the Beijing stock exchange successively issued a series of rules, normative documents and business rules, which means that the main systems and rules for deepening the reform of the new third board and establishing the Beijing stock exchange are basically complete. These rules and regulations will come into force on November 15.

Strong kinetic energy, sufficient demand, toughness and support for economic growth

According to the data released by the National Bureau of statistics on October 31, China’s Manufacturing Purchasing Manager Index (PMI) fell to 49.2% in October due to the still tight power supply and the high price rise of some raw materials.

Increase market resources and open the annual rotation of national reserve refined oil

On October 31, the State Food and material reserve bureau announced that it had recently organized the annual rotation of national reserve refined oil, and the gasoline and diesel delivered by rotation were used to increase market resources and alleviate supply tension. The implementation of normalized rotation of national oil reserves is an important way to give play to the regulatory role of the reserve market.

Facing the maturity of two trillion funds, liquidity tools or “groups” attack

In the first week of November, the maturity of the central bank’s reverse repurchase will reach 1 trillion yuan. At the beginning of this month, the money market faced the problem of maturity and withdrawal of a large number of liquidity instruments. China Securities reporter noted that in addition to the large amount of reverse repo due at the beginning of the month, 1 trillion yuan of “spicy powder” (MLF, medium-term loan facility) will expire in mid and late November. At the same time, the issuance of local bonds is currently in the sprint stage before the end, and the bond payment may have a lasting impact on liquidity.

Shanghai Securities News

Beijing stock exchange issued 10 business rules and supporting rules, and the issuance and listing system is basically complete

On October 30, the Beijing stock exchange (hereinafter referred to as the “Beijing stock exchange”) officially issued four basic business rules and six supporting rules and guidelines related to the listing and audit of the Beijing stock exchange, which means that the systems and rules for enterprises to issue and list on the Beijing stock exchange are basically complete. These business rules will be formally implemented from November 15, 2021.

“Judicial scalper” routine insurance company supervision industry plans to join hands to fight back

After the traffic accident, when the injured were still being treated in the hospital, a “judicial scalper” came to the door and took the initiative to “take” the compensation – behind this seemingly “intimate” service, there is an improper interest chain. They wander in various links such as traffic accident handling, medical treatment, disability grade identification, insurance claim settlement and judicial litigation, which not only damages the legitimate interests of the parties and insurance companies, but also affects the judicial credibility.

After the IPO inquiry new regulations, the first ticket came out, and the Shanghai Stock Exchange was “strict” for inquiry violations

After the issuance of the new regulations on IPO inquiry of Kechuang board, Shanghai Stock Exchange issued the first order punishment for the illegal offline inquiry of Kechuang board. On the evening of October 29, the Shanghai Stock Exchange gave a regulatory warning to Shanghai Jiaxin Asset Management Co., Ltd. (hereinafter referred to as “Jiaxin assets”) and decided to take a regulatory conversation. According to the reporter of Shanghai Securities News, the Shanghai Stock Exchange recently launched the fourth round of special on-site inspection for offline investors of the science and innovation board. It was found that jiaken assets had irregularities such as nonstandard inquiry decision-making process and formality of internal research report, and jiaken assets had been warned in writing by the supervisor in the last round of on-site inspection.

More than 80% of the listed banks’ performance exceeds the pre epidemic level, and the narrowing of interest rate spread is difficult to prevent the “top students” from making rapid progress

As of the evening of October 29, the third quarterly report of A-share listed banks had been disclosed. Over 80% of listed banks’ performance in the first three quarters of this year has exceeded the level in the same period in 2019 before the outbreak. After the “big test” of the epidemic, the performance of high-quality banks has resumed rapid progress, while some banks still have to work hard.

securities times

The main rules of the Beijing stock exchange are basically complete, and the opening time is expected

On October 30, China Securities Regulatory Commission and Beijing stock exchange issued the main system rules, including the regulations on issuance and listing, refinancing and continuous supervision of Beijing stock exchange, four basic business rules and six supporting rules and guidelines for listing and audit, covering issuance and financing, information disclosure, corporate governance, supervision and management, etc.

Gem 12 years old: 1050 companies with shining stars, three innovations and four new features

On October 31, 2021, the gem ushered in the 12th anniversary of its opening. So far, the number of GEM companies has reached 1050, with a total market value of 13.09 trillion yuan. According to market evaluation, over the past 12 years, the gem has always maintained its original intention, actively implemented the innovation driven development strategy, promoted the integrated development of innovation chain and industrial chain, helped the new pattern of dual cycle development, and effectively promoted the high-level cycle of science and technology, capital and real economy.

Exposure of the best fof operation idea, substantial reduction of consumption and cash recovery

The profit of fof, the best base selection, has reached 13% this year. The third quarter report disclosed by the fof shows that in the third quarter, it reduced its holdings and redeemed fund products with large positions in consumer stocks, and increased its holdings of new energy funds. In addition, the fund also reduced the proportion of holding fund assets in the third quarter, and the proportion of holding cash increased significantly compared with the second quarter, indicating that fof fund managers are cautious about the A-share market and fund yield at the end of the year.

Differences between Hong Kong stock funds increased, and the difference between the beginning and end of positions exceeded 30%

Since February this year, Hong Kong stocks have undergone substantial adjustments, and there have been obvious differences in the operation of Hong Kong stock funds. Due to the continuous decline of Hong Kong stocks this year, the life of Hong Kong stock funds is generally difficult this year. Many funds fell by more than 15% during the year, and even some funds fell by nearly 20% in the third quarter alone. In terms of position changes, Hong Kong stock funds significantly reduced their positions in Internet stocks and increased their holdings of new energy and power related stocks. In the third quarter of this year, under the influence of industrial policies such as education, real estate and the Internet, the Hang Seng Index of Hong Kong stocks fell 14.75% and the Hang Seng technology index fell 25.18%. In terms of stocks, Kwai’s fell 57.55%, beep, Alibaba and Tencent holdings fell by 46.97%, 35.36% and 20.99% respectively.

Securities Daily

The four main institutional rules clarify the characteristic positioning of Beijing stock exchange

On the evening of October 30, the CSRC issued the main institutional rules of Beijing stock exchange, such as issuance and listing, refinancing and continuous supervision, which will come into force on November 15. At the same time, the CSRC solicited public opinions on the board transfer rules of listed companies on the Beijing stock exchange, and made it clear that listed companies on the Beijing stock exchange should have been listed on the Beijing stock exchange for more than one year, and their listing time on the selection layer and the listing time on the Beijing stock exchange can be calculated together.

In October, 7 of 32 new shares were listed, accounting for more than 20% of the first day’s breaking, and investors said they were “taught a lesson”

On October 29, Shenzhen Urban Transport Planning Center Co.Ltd(301091) broke on the first day of listing, with a closing price of 33.59 yuan / share, down 7.97% from the issue price. So far, since October 22, new shares have broken on the first day for six consecutive trading days, involving 7 new shares such as Sinocat Environmental Technology Co.Ltd(688737) , 4 from the science and innovation board and 3 from the gem. Looking back in October, 7 of the 32 new shares broke on the first day, accounting for 22%.

The 12th anniversary of gem highlights the characteristics of “three innovations and four innovations”. 1050 companies have a total market value of more than 13 trillion yuan

On October 30, 2021, the gem will celebrate its 12th anniversary. On October 30, 12 years ago, the gem, which carries the mission of serving innovative and growing enterprises, set sail, and the first batch of 28 companies appeared, which launched a magnificent “enabling record” of innovative and entrepreneurial enterprises; Today, 12 years later, with the continuous deepening of the “big proposition” of the comprehensive deepening reform of the capital market led by the reform of the registration system, the gem has attracted 1050 high-quality companies to be listed, injecting strong impetus to serve the real economy.

Xi Jinping continue to attend the 16th G20 summit

On the evening of Xi Jinping 31, Chinese President continued to attend the 16th G20 summit by video in Beijing, focusing on his views on climate change, energy, sustainable development and other issues.

people’s daily

5g + industrial Internet application scenarios continue to expand

On October 18, when presiding over the 34th collective study of the Political Bureau of the CPC Central Committee, the general secretary of Xi Jinping stressed the need to coordinate the overall strategic situation of the great rejuvenation of the Chinese nation and the great changes in the world that have not been seen in a century, coordinate the two overall situations of China and the two major events of development and security, and give full play to the advantages of Beijing Vastdata Technology Co.Ltd(603138) and enrich application scenarios, Promote the deep integration of digital technology and the real economy, enable the transformation and upgrading of traditional industries, give birth to Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) new business forms and new models, and constantly strengthen, optimize and expand China’s digital economy.

China business daily

HNA’s trillion debt restructuring was ruled by the court on how to repay the trust plan

On the evening of October 31, HNA Group issued a notice that the higher people’s Court of Hainan Province served the civil ruling to HNA Group and relevant bankruptcy reorganization enterprises, and approved four reorganization plans related to HNA.

The top ten cities in GDP in the first three quarters were released! These cities are competing for the fourth quarter

With the release of economic data by local statistical departments, the top ten cities with GDP in the first three quarters were basically settled, namely Shanghai, Beijing, Shenzhen, Guangzhou, Chongqing, Suzhou, Chengdu, Hangzhou, Wuhan and Nanjing.

economic reference daily

The personal information protection law will come into force on November 1

The personal information protection law of the people’s Republic of China shall enter into force on November 1, 2021. The law clearly forbids excessive collection of personal information and big data, regulates the processing of sensitive personal information such as face information, improves the complaint and reporting mechanism for personal information protection, fully responds to social concerns, and provides a strong legal guarantee for solving hot and difficult issues in personal information protection.

Local intensive deployment sprint year-round economic “closing battle”

As of October 30, all the “three quarterly reports” of 31 provinces had appeared. It is found that the overall recovery trend of local economies continues and the emerging kinetic energy continues to accumulate. It is worth noting that the opening year of the 14th five year plan has entered the closing season, and the completion of the annual economic goals and tasks has also ushered in a sprint period. Many localities held intensive meetings to plan a decisive battle in the fourth quarter and sprint for the annual economic goals. Efforts to stabilize industrial economic growth, greater efforts to stimulate consumption potential and spare no effort to expand effective investment have become the key driving points. At the same time, it has also been widely emphasized to further bail out market players and stimulate the vitality of market players.