On Monday, October 18th, the main contents of today’s headlines are:

China Securities Journal

Favorable policies, intensive release of new consumption, quality improvement and upgrading will be accelerated

Recently, central ministries and local governments have deployed around cultivating and expanding new consumption intensity, drawing a “road map” for accelerating the development of new consumption. Insiders said that with the implementation of specific measures, online retail, medical treatment, sports and fitness and other fields are expected to open up new growth space, and the upgrading of new consumption quality will be accelerated.

Rising cautious sentiment and rising expectations of bond yields

Recently, there have been some new changes in the bond market. Since October, the yield of 10-year Treasury bonds has risen rapidly, approaching the front line of 3%, and the market divergence has increased significantly. According to the analysis of insiders, short-term economic fluctuations still support the bond market, but price factors and monetary regulation have become more key factors affecting the short-term market trend, and the bond market pressure increased in the fourth quarter.

The online trading of A-share futures index of HKEx helps to enhance the attractiveness of the capital market

On October 18, MSCI China A50 interconnection index futures contract was officially launched for trading. This is the first MSCI index futures with mainland A-Shares as constituent stocks introduced by the Hong Kong stock exchange. Observers believe that in the future, the onshore and offshore products and markets of A-share index futures will achieve coordinated development, and the attraction of China’s capital market will continue to increase.

Expand the team and build a platform for securities companies to deeply cultivate the field of “specialization and innovation”

Since the establishment of the Beijing stock exchange, the attention of “specialized, special and new” enterprises has increased significantly. Securities companies’ research institutes have increased their research on “specialized, special and new” enterprises by increasing talent reserves and cooperating with investment banking departments.

Shanghai Securities News

Multiple ministries and commissions brewing a new round of “policy package” to support the development of small and medium-sized enterprises

Small and medium-sized enterprises are about to usher in a new round of policy support. The national development and Reform Commission, the Ministry of industry and information technology, the central bank and other departments have made an intensive voice a few days ago to increase targeted support for small and medium-sized enterprises. Policies focus on tax reduction and fee reduction, increasing credit, supporting enterprise innovation and building a good business environment.

The old exhibition is full of new vitality. These highlights of the 65 year old Canton Fair are worth seeing

After three sessions online, the 5-day 130th Canton Fair recently restarted offline. This Canton Fair has many “firsts”, such as the first Wuxi Online Offline Communication Information Technology Co.Ltd(300959) integrated holding, the first time to promote China’s international double cycle as the theme, the first time to fully invite domestic buyers to participate, the first Rural Revitalization exhibition area, the first time to hold the Pearl River International Trade Forum, etc.

The CBRC issued the guidance on further enriching the supply of life insurance products to improve the protection of “one old and one small” and new business groups

The reporter of Shanghai Securities News learned that the China Banking and Insurance Regulatory Commission recently issued the guiding opinions on further enriching the supply of life insurance products (hereinafter referred to as the opinions), so as to further promote the insurance industry to deepen the supply side structural reform and promote insurance enterprises to provide consumers with rich and high-quality life insurance products.

The education industry ushers in new opportunities. Is it easy for vocational education?

Recently, the general office of the CPC Central Committee and the general office of the State Council issued the opinions on promoting the high-quality development of modern vocational education, which is tantamount to a long drought and rain for the vocational education industry. The opinions clearly states that listed companies and industry leading enterprises are encouraged to organize vocational education, and all kinds of enterprises are encouraged to participate in vocational education according to law. After the release of the opinions, the education sector in the A-share market rose strongly for several consecutive days.

securities times

The launch schedule of wind power partnership action plan is approaching

On the morning of the 17th, on the eve of the Beijing International Wind Energy Conference, 118 cities and more than 600 wind power enterprises jointly launched the “wind power partnership action · zero carbon city, rich and beautiful countryside” plan. It is mentioned that the cost of onshore wind power per kilowatt hour will be reduced to 0.1 yuan in 2025, and offshore wind power will strive to achieve parity in 2024. At the same time, 5GW (5 million KW) wind power “going to the countryside” project will be launched by the end of this year.

Three quarterly countdown institutions reward the bank sector configuration value

A-share listed banks are about to usher in the performance “quarterly test”. From October 20 to the end of the month, 42 A-share listed banks will release three quarterly reports. Among them, Ping An Bank Co.Ltd(000001) , Bank Of Hangzhou Co.Ltd(600926) , Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) will be released first.

Beijing stock exchange sounded the “assembly number” and all parties in the market made efforts to grab the track

With the opening of the Beijing stock exchange approaching, all parties involved in the market sounded the “assembly number”. Many market participants said that the historic investment opportunities brought by the Beijing stock exchange make all parties in the market actively layout, which is expected to improve the liquidity of the new third board market, and comprehensively improve the valuation and listing qualification of high-quality enterprises. High quality enterprises with long-term industry growth space, stable industry status and long-term competitiveness will stand out.

Xiao Yaqing: continue to further promote the special rectification action of the Internet industry

On October 17, Xiao Yaqing, Minister of industry and information technology, said in an interview with the people’s Daily that the special rectification action of the Internet industry is an important regulatory practice against unfair competition in the Internet field. The purpose is to curb unfair competition, protect users’ rights and interests and maintain market order. The Ministry of industry and information technology will continue to further promote the special rectification action of the Internet industry, consolidate the main responsibility of enterprises and strengthen supervision and inspection.

Securities Daily

1.26 trillion yuan of new special bonds to be issued experts stressed that the issuance quality is more important

The issuance of new special bonds was significantly accelerated. According to the statistical data of East Money Information Co.Ltd(300059) choice, as of October 17, all localities had organized the issuance of 3073.928 billion yuan of new local bonds during the year. Among them, the issuance scale of new special bonds was 2390.542 billion yuan, and the issuance progress was 65.49%, lagging behind the chronological progress; This year, 1259.458 billion yuan of new special bonds remained.

Full moon of new regulations on issuance and underwriting: 16 companies completed inquiry and pricing and “group quotation” significantly improved

On October 18, the new regulation of issuance and underwriting under the registration system was “full moon”. The reporter of Securities Daily found that as of October 17, 8 companies on the science and innovation board and 14 companies on the gem had issued inquiry announcements respectively. In the inquiry announcement of these 22 companies, the rejection proportion of high prices is no less than 1%. Among them, 8 companies on the science and innovation board and gem have completed inquiry and pricing respectively.

Electricity price reform starts “70 hours”: transaction electricity prices in some regions “top grid floating”

According to the incomplete statistics of local power trading centers, the reporter of Securities Daily noted that Shandong, Jiangsu and other places have respectively organized and carried out the first transaction after deepening the market-oriented reform of coal power on grid electricity price three days since the launch of electricity price reform, and the average transaction price is “higher than the benchmark electricity price” (no more than the maximum price of 20%).

The applicability of six types of arbitration cases in the securities and futures industry in Beijing, Shanghai and Shenzhen is high

On October 15, the CSRC and the Ministry of Justice issued the opinions on carrying out pilot arbitration in the securities and futures industry according to law to support and promote the pilot establishment of securities and futures arbitration courts (centers) within arbitration institutions in Beijing, Shanghai and Shenzhen, where securities and futures business is active.

people’s daily

Let more funds reach the field of scientific and technological innovation

Recently, the Ministry of industry and information technology announced the third batch of 2930 specialized and new “little giant” enterprises, and proposed that in the next step, we should cultivate more small and medium-sized enterprises to grow into “little giant” enterprises, make efforts in policies, services and increase the support of fiscal, tax and financial policies.

China business daily

Has the real estate policy changed? The central bank gave the answer at this press conference

On October 15, the central bank held a press conference on financial statistics for the third quarter of 2021. Ruan Jianhong, spokesman and director of the investigation and Statistics Department of the people’s Bank of China, sun Guofeng, director of the monetary policy department, and Zou LAN, director of the financial market department attended the press Conference and responded to the above questions one by one.

New measures of tax reform under the guidance of common prosperity to strengthen the regulation of high income

After the completion of poverty alleviation, China aims at common prosperity and gives a challenging long-term goal: by the middle of this century, basically achieve common prosperity for all people, and narrow the gap between residents’ income and actual consumption level to a reasonable range. To achieve this goal, in addition to improving the income of low-income people, regulating and regulating high-income is also a major focus.

economic reference daily

Wind power partnership action plan released 50 million kilowatts to the countryside in the 14th five year plan

On October 17, the four-day 2021 Beijing International Wind Energy Conference and Exhibition (cwp2021) opened. On the morning of that day, 118 cities and more than 600 wind power enterprises jointly launched the “wind power partnership action · rich and beautiful villages in zero carbon cities” plan, which proposed to support the zero carbon process in urban industry, help rural revitalization, promote common prosperity, develop affordable offshore wind power, help carbon neutralization in coastal cities, and explore a new path of green development Join hands to build a 100% green power consumption demonstration city and build a healthy development new ecology.

Asia Pacific Financial Forum held in 2021: jointly building innovative and inclusive financial markets to boost economic growth in the Asia Pacific Region

The “2021 Asia Pacific Financial Forum”, CO sponsored by the Asia Pacific Financial Forum (apff), China International Chamber of Commerce, China Academy of financial Sciences and China Institute of finance, was held in Beijing from October 14 to 15 in a combination of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) . The theme of this forum is “building an innovative and inclusive financial market”. Participants believe that we should adhere to taking finance as the core of the modern economy, grasp the opportunities of green development and digital economy, strengthen macroeconomic policy coordination, and achieve strong, balanced, safe, sustainable and inclusive economic and financial growth in the Asia Pacific region.