official announcement! The State Council appointed Wang Jianjun as vice chairman of the CSRC, and the industry evaluated “professional, pragmatic and energetic”
On October 25, the State Council appointed Wang Jianjun as vice chairman of the CSRC. The official who grew up synchronously with the capital market has worked in the securities regulatory system for more than 20 years and has a good reputation in the industry. “Professional, pragmatic, thoughtful and energetic” is his label, and “reform” runs through his practice track. He is familiar with market supervision and the demands of front-line market subjects. He is a doer who is good at thinking and innovation in the mouth of his colleagues. He is a regulatory expert who can closely fit the regulatory policies and market conditions in the eyes of market subjects and apply the right medicine to the case.
the central bank renewed the currency swap agreement with the Bank of Japan, with a scale of 200 billion yuan
With the approval of the State Council, the people’s Bank of China and the Bank of Japan recently renewed the China Japan Bilateral local currency swap agreement, with a scale of 200 billion yuan / 3400 billion yen. The agreement is valid for three years and can be extended with the consent of both sides. The renewal of the bilateral local currency swap agreement between the central banks of China and Japan will help maintain the financial stability of the two countries and support the development of bilateral economic and financial activities.
Fang Xinghai: further optimize mechanisms and tools and implement the new regulations for qualified foreign investors
Fang Xinghai, vice chairman of China Securities Regulatory Commission, delivered a speech at the international investor conference of Shanghai Stock Exchange in 2021, implemented the new regulations for qualified foreign investors, improved and expanded the Shanghai Shenzhen Hong Kong stock connect, Shanghai Lun stock connect and China Japan ETF exchange mechanism, further widened the scope and path of futures market opening on the existing basis, and provided international investors with more diversified investment options and risk management tools.
Zheng Shangsuo: adjust the trading margin standard and trading handling fee standard of some contracts of thermal coal futures
Since the settlement on October 27, 2021, the trading margin standard of thermal coal futures contracts 2111, 2112 and 2201 is adjusted to 40%, and that of thermal coal futures contracts 2204, 2205, 2206, 2207, 2208, 2209 and 2210 is adjusted to 20%. Since the settlement on November 1, 2021, the trading margin standard of thermal coal futures 2202, 2203, 2204, 2205, 2206, 2207, 2208, 2209 and 2210 contracts has been adjusted to 30%.
last period exchange: it will strictly investigate the illegal trading of option contracts and prevent the contract risk of delivery month
Recently, the exchange in the previous period reported the supervision in the first three quarters of 2021. Data show that in the first three quarters of this year, the exchange handled 954 abnormal transactions in the previous period, filed investigations on 9 suspected illegal clues, and disciplined 29 customers in 14 cases. The person in charge of relevant departments of the exchange said that in the next step, we will strictly investigate the illegal trading of option contracts, prevent the contract risk of delivery month, ensure the smooth operation of the market and better serve the development of the real economy.
Coal Industry Association and transportation and Marketing Association: do a good job in ensuring the supply and price of coal and ensure the people’s warm winter
China Coal Industry Association and China coal transportation and Marketing Association issued a proposal on ensuring the supply and price of coal this winter and next spring and ensuring the people’s warm winter. It is proposed to start the connection between coal production and transportation in 2022 as soon as possible. Coal production enterprises should plan as soon as possible, actively connect with downstream coal consuming enterprises and railway transportation departments, and do a good job in signing medium and long-term coal contracts in 2022.
soliciting opinions on the stock underwriting specifications of the Beijing stock exchange, the lead underwriter shall publicly disclose the special verification documents for strategic investors
On October 25, a reporter from China Securities News learned from a number of securities companies that the China Securities Association solicited opinions from securities companies on the underwriting norms for public offering and listing on the Beijing stock exchange, and securities companies need to submit feedback before October 27. China Securities Association said that the code is based on the code for underwriting business of public offering of shares of non listed public companies and listing on the selected layer of the new Third Board issued by the association in the early stage, and focuses on the specific relevant provisions of the Beijing stock exchange.
on October 25, China Central Television News broadcast financial content collection
the Chinese market continues to maintain a strong attraction for foreign investment
China Central Television Network News (news broadcast): in the first three quarters of this year, China’s absorption of foreign capital increased by 19.6% year-on-year, and the scale of capital attraction achieved double-digit growth for the first time in nearly a decade. The effect was significantly better than expected, and the Chinese market continued to maintain a strong attraction for foreign capital.
Data show that 36000 foreign-invested enterprises were newly established in the first three quarters of this year, a year-on-year increase of 36.5%. Among them, 899 large projects with foreign capital of more than US $100 million were newly established or increased, with a year-on-year increase of 56.6%.
From a regional perspective, the actual use of foreign capital in China’s 21 pilot free trade zones and Hainan free trade port increased by 31.9% and 386% respectively year-on-year.
A recent survey by the Ministry of Commerce shows that the expectation and confidence of foreign investment in China remain stable. Of the more than 3000 key foreign-funded enterprises, 93.3% are optimistic about the future development prospects.
China LianBo express
CCTV news (news broadcast):
the state gives priority to financial support to energy guarantee enterprises
The National Energy Administration today (October 25) signed a strategic cooperation agreement with China Industrial And Commercial Bank Of China Limited(601398) to give priority to policies, funds, services and other support to energy supply guarantee enterprises this winter and next spring, so as to help increase production and supply. In the next five years, China Industrial And Commercial Bank Of China Limited(601398) will provide 3 trillion yuan of intentional financing support for the energy field.
China actively promotes the construction of high-quality green buildings
At the press conference held by the Information Office of the State Council today (October 25), the Ministry of housing and urban rural development said that all localities should actively promote the construction of high-quality green buildings and implement carbon peak and carbon neutralization actions in the construction field. Vigorously promote ultra-low energy consumption and near zero energy consumption buildings and develop zero carbon buildings.
Yanqing competition area of Beijing Winter Olympic Games held its first international competition
Today (October 25), “meet Beijing” 2021 / 2022 snowmobile and steel frame snowmobile time trial race started at Yanqing national snowmobile and sled center in Beijing. This is the first international event after the completion of the venue, and it is also the first international event in Yanqing Winter Olympics. 240 athletes from 23 countries including Germany, the United States, Canada and South Korea will participate in six events.
