daily collection
first finance and Economics: the central economic work conference was held in Beijing from December 8 to 10. The meeting required that we should pay close attention to the pilot of comprehensive reform of market-oriented allocation of factors, fully implement the stock issuance registration system, complete the three-year action task of state-owned enterprise reform, and steadily promote the reform of natural monopoly industries such as power grid and railway. We will mobilize local enthusiasm for reform and encourage all localities to adjust measures to local conditions and take the initiative to reform. We will expand high-level opening-up, promote institutional opening-up, implement the national treatment of foreign-funded enterprises, attract more investment from multinational corporations, and accelerate the implementation of major foreign-funded projects. We will promote the one belt, one road, high quality development.
Securities Times: Shenzhen Stock Exchange issued the guidelines for securities trading business of Shenzhen Stock Exchange No. 1 – risk management of stock pledge repo transaction. Securities companies should prudently carry out the incremental business of stock pledge repo, and the scale of incremental business must match the risk management ability and continuous compliance status of stock business.
Shanghai Securities News: the reporter learned from Sinopharm that Sinopharm China biology has arranged R & D work for Omicron mutant on three technical routes. On December 9, on the occasion of “the first anniversary of the official registration and listing of the world’s first covid-19 vaccine”, a special event was held at the China biological headquarters of Sinopharm. Focusing on the application, production and supply of the world’s first covid-19 vaccine on the first anniversary of its listing, the research and development of the mutant strain, the real world use and other issues, a number of researchers from China and the United Arab Emirates conducted interactive exchanges, shared scientific research wisdom achievements, and explored more solutions to end the covid-19 pneumonia epidemic as soon as possible, Offer advice and suggestions for safeguarding the common homeland of mankind.
Xinhua News Agency: Han Wenxiu, deputy director in charge of daily work of the office of the central financial and Economic Commission, said at the “2021-2022 China annual economic conference” on the 11th that it is necessary to correctly understand carbon peak and carbon neutralization, which is not only a major strategic decision made by the Party Central Committee after careful consideration, but also an internal requirement for high-quality development. In recent years, some places have engaged in “carbon charging” and some have engaged in sports “carbon reduction”, which do not meet the requirements of the Party Central Committee. To achieve “double carbon”, we should be firm in our goal, seek progress while maintaining stability in strategy, fully consider China’s basic national conditions such as energy structure and industrial structure, make overall planning, establish first and then break down, and can not affect the overall situation of economic and social development. We should promote the optimal combination of coal and new energy based on the basic national conditions dominated by coal.
macroeconomic
financial Associated Press: the person in charge of relevant departments of the cbcirc answered a reporter’s question on the management regulations on insurance asset management companies (Draft for comments), saying that the management regulations optimize the design requirements of ownership structure. Domestic and foreign insurance companies as shareholders of insurance asset management companies will be treated equally, and the upper limit of shareholding ratio of foreign insurance companies will no longer be limited. It is clearly required to establish a custody mechanism, improve the expression of asset independence and prohibition of debt offset, and further clarify the prohibition of channel business and other prohibited acts.
China Securities Network: Ning Jizhe, deputy director of the national development and Reform Commission and director of the National Bureau of statistics, said at the 2021-2022 China Annual Economic Conference on December 11 that we should strengthen the basic housing security of residents. Real estate is a pillar industry, and housing is the consumption of residents. We should adhere to the positioning that houses are used for living rather than speculation, strengthen expected guidance, explore new development models, adhere to the simultaneous development of rental and purchase, accelerate the development of long-term rental housing market, promote the construction of indemnificatory housing, support the commercial housing market to better meet the reasonable housing needs of buyers, and promote the virtuous cycle and healthy development of the real estate industry due to urban policies.
China government network: the general office of the State Council issued the “14th five year plan” for the development of cold chain logistics. By 2025, a cold chain logistics network connecting the origin and land sales, covering urban and rural areas and connecting China International will be initially formed, a cold chain logistics system in line with China’s national conditions and industrial structure characteristics and meeting the needs of economic and social development will be basically established, and Shenzhen Agricultural Products Group Co.Ltd(000061) cross seasonal supply and demand will be adjusted The ability and efficiency of supporting the cross regional circulation of cold chain products have been significantly improved, and the role of supporting and ensuring national economic and social development has been significantly enhanced. The service capacity of refined, diversified and quality cold chain logistics has been significantly enhanced, and a number of comprehensive leading enterprises with strong international competitiveness have been formed.
Securities Times Network: on December 10, the data released by China Automobile Industry Association showed that from January to November, the production and sales of Shanxi Guoxin Energy Corporation Limited(600617) vehicles hit a record high, with a cumulative production of more than 3 million vehicles and a sales volume of nearly 3 million vehicles. In November, the monthly production and sales volume of Shanxi Guoxin Energy Corporation Limited(600617) automobiles hit a new record, with the production and sales of 457000 and 450000 vehicles in the month, an increase of 1.3 times and 1.2 times respectively year-on-year. From January to November, the production and sales of new energy vehicles were 3.023 million and 2.99 million respectively, an increase of 1.7 times year-on-year.
industry dynamics
China Securities News Agency: the reporter learned that on the 10th, magic square, Mingyu and other 10 billion quantitative private placement issued a notice. From this week or next week, the estimated net value push service will no longer be provided, and many 10 billion stock private placements such as qinghequan and Shiva assets also followed up. Each manager said that considering that the estimated net value has certain defects in accuracy and completeness, and has not been reviewed and confirmed by the custodian, it decided not to provide the estimated net value service.
financial Associated Press: in November, China Shipbuilding Industry Group Power Co.Ltd(600482) battery loading volume was 20.8gwh, up 96.2% year-on-year and 35.1% month on month. Among them, the total loading of ternary batteries was 9.2gwh, with a year-on-year increase of 57.7% and a month on month increase of 32.5%; A total of 11.6gwh of lithium iron phosphate batteries were loaded, an increase of 145.3% year-on-year and 37.2% month on month.
China Central Television finance and Economics: the concept of meta universe swept the whole science and technology circle like a tornado and triggered a series of chain reactions in the capital market. Some training programs related to meta universe are sought after on the online course platform. The screenshot of the system background of the first lesson of the yuan universe shows that only ten days after the training project was launched, the number of paying users reached 2673, with a cumulative income of nearly 1.6 million yuan. Recently, China’s well-known enterprises in various fields have joined the ranks of applying for yuanuniverse related trademarks. Honey snow ice city selling milk tea and Shuanghui selling Ham have not missed this upsurge of application.
Securities Times: according to China Steel Association, in early December, the social inventory of five major varieties of steel in 20 cities was 8.27 million tons, a month on month decrease of 380000 tons, a decrease of 4.4%, and the inventory continued to decline; An increase of 970000 tons over the beginning of the year, an increase of 13.3%; An increase of 670000 tons over the same period last year, an increase of 8.8%.
stock market focus
first finance and Economics: Haitong Securities Company Limited(600837) pointed out that since the fourth quarter, the main line of the market has entered the brewing period. With the end of the Politburo meeting in December, the policy signal has been gradually clear. Recently, the RRR reduction has been implemented, China’s credit cycle has bottomed out, and the expectation of steady growth has been rising. It is expected that the market risk preference will continue to rise, the incremental funds from outside China will continue to flow in, and the cross year market will continue. In terms of specific operation, it is suggested to focus on two directions: one is the theme of carbon neutralization, and the other is the consumption sector.
brokerage China: according to the official wechat news of Kweichow Moutai Co.Ltd(600519) , on December 10, Ding Xiongjun, Secretary of the Party committee and chairman of Maotai Group, Li Baofang, vice chairman of the environmental and Resource Protection Committee of Guizhou Provincial People’s Congress, former Secretary of the Party committee and chairman of Maotai Group, Li Jingren, deputy secretary of the Party committee and general manager of Maotai Group, Ji Keliang, former chairman of Maotai Group, and his delegation went to Yibin, Sichuan, Li Shuguang, Secretary of the Party committee and chairman of Wuliangye Yibin Co.Ltd(000858) group, Wuliangye Yibin Co.Ltd(000858) Zeng Congqin, general manager of the group and chairman of the joint stock company, Wuliangye Yibin Co.Ltd(000858) Zou Tao, vice chairman of the group and general manager of the joint stock company, etc. This is considered by the industry as the release of price rise expectations.
financial Associated Press: China International Capital Corporation Limited(601995) pointed out that looking forward, we still need to continue to pay attention to the “reversal” of the global economic cycle and the new changes of the epidemic. At present, China’s capital market is in a more favorable environment compared with the world, and under the expectation of “stable growth”, we should pay attention to the progress of policy countercyclical adjustment in the future. In terms of style, with the possible implementation of social finance credit and financial planning and deployment, we believe that the main line of “stable growth” will continue. Since the beginning of the year, some relatively strong manufacturing growth styles may be relatively backward temporarily, and the market style may temporarily show a pattern of “big strength and small weakness”.
China Securities Journal: on December 10, the Shanghai and Shenzhen stock exchanges solicited opinions on Revising the stock listing rules. At the same time, Shanghai and Shenzhen stock exchanges integrate the regulatory system of listed companies. After merger and integration, the number of main boards in Shanghai stock market has been reduced from more than 100 to 37; The number of self regulatory rules in Shenzhen was reduced to 36, and the number was reduced by more than 70%.
Huaxia times: on December 10, Longzhu technology of Beijing stock exchange issued the latest announcement and decided to terminate the company’s shares and apply for board transfer to the gem of Shenzhen Stock Exchange. As the first company to terminate the board transfer in the Beijing stock exchange, Longzhu technology has aroused great concern in the market. In the view of professionals, this is not surprising. It is expected. With the establishment of the Beijing stock exchange and the opening of the market for nearly a month, its trading volume and liquidity have increased significantly. The valuation of listed companies is not much different from that of the gem and the science and innovation board. The pricing and value discovery functions of the Beijing stock exchange are fully reflected, and the charm of listing has increased significantly.
Subscription of new shares: Guangting information and Chaoda equipment
subscription of new bonds: Yongjin convertible bonds
IPO: none
new bond listing: none
company news
* ST Shida: the CSRC decided to file a case against the company for suspected violation of the letter phi
Bsm Chemical Co.Ltd(300796) : some factories affected by the epidemic temporarily stopped production
Shantou Wanshun New Material Group Co.Ltd(300057) : the EU made an affirmative final anti-dumping decision on Chinese aluminum foil products
Wingtech Technology Co.Ltd(600745) : the early sample products have passed the final verification of specific overseas customers
Jiangsu Nata Opto-Electronic Material Co.Ltd(300346) : it is proposed to invest 1.2 billion yuan in the construction of high-purity fluorine electronic materials project
Hunan Zhongke Electric Co.Ltd(300035) : it is planned to invest 2.5 billion yuan in the integration project of lithium battery cathode materials with an annual output of 100000 tons
Shanghai Tunnel Engineering Co.Ltd(600820) : it is proposed to invest 2 billion yuan to establish urban construction Henan investment company
Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) : it is proposed to invest 1.5 billion yuan in the construction of green building materials production base project in Dalian
Bluesword Intelligent Technology Co.Ltd(688557) : Dachen plans to reduce its total holdings of no more than 6% of the company’s shares
Zhejiang Huatong Meat Products Co.Ltd(002840) : it is proposed to set up a new participating subsidiary to jointly invest in smart energy projects
Fujian Septwolves Industry Co.Ltd(002029) : wholly owned subsidiary intends to invest in cooperation with professional investment institutions
China Baoan Group Co.Ltd(000009) : it is proposed to cooperate in the construction of artificial graphite anode material integration base project
Nanhua Bio-Medicineco.Ltd(000504) : intends to acquire some pharmaceutical assets held by Yanan Bicon Pharmaceutical Listed Company(002411)
Lecron Industrial Development Group Co.Ltd(300343) : Contemporary Amperex Technology Co.Limited(300750) plan to purchase lithium battery grade PVDF and R142b products from the company
data list
Shanghai and Shenzhen Stock Markets: on December 10, after the two markets opened low, they fluctuated upward, the theme stocks rotated, the gem index performed strongly, and the rise and fall of stocks in the two markets were nearly half. As of the close, the Shanghai index fell 0.18%, the Shenzhen composite index fell 0.24% and the gem index rose 0.22%. In terms of plate, salt lake lithium, yuancosmos, media, nonferrous metals, automobiles, phosphorus concept, lithium battery, etc. led the increase, and hjt battery rose in the afternoon. In terms of individual stocks, Contemporary Amperex Technology Co.Limited(300750) rebounded by nearly 1%, with a turnover of more than 10 billion yuan. Tianqi Lithium Corporation(002466) rose more than 5%. More than 80 stocks in the two cities rose by 10% or more. Northward capital continued to flow in substantially.
Hong Kong stocks: Hang Seng Index fell 1.07%. Pharmaceutical stocks, technology stocks and real estate stocks fell, Baiji Shenzhou fell more than 5%, Ping an good doctor and Ali health fell more than 4%. China Aluminum International Engineering Corporation Limited(601068) bucked the trend and rose 67%.
Shanghai Shenzhen Hong Kong stock connect: on December 10, northbound funds bought a total of 9.148 billion yuan, including 6.247 billion yuan for Shanghai Stock connect and 2.901 billion yuan for Shenzhen Stock connect. Among the top ten traded stocks, the top three in net purchases were Kweichow Moutai Co.Ltd(600519) , East Money Information Co.Ltd(300059) , China Merchants Bank Co.Ltd(600036) , with net purchases of 1.218 billion yuan, 1.158 billion yuan and 939 million yuan respectively. The top three net sales are Contemporary Amperex Technology Co.Limited(300750) , Sanan Optoelectronics Co.Ltd(600703) , Unigroup Guoxin Microelectronics Co.Ltd(002049) , with net sales of 2.373 billion yuan, 973 million yuan and 680 million yuan respectively.
dragon tiger list: on December 10, among the stocks on the list, the largest net capital inflow was Chengxin Lithium Group Co.Ltd(002240) , which was 547 million yuan. Data show that the stock closed within the daily limit, with a turnover rate of 10.21% throughout the day. The net inflow of funds into the top Shenzhen Stock connect seats net purchase of 415 million yuan. A total of 23 stocks were involved in the institutional participation in the dragon and tiger list, of which 15 were net bought by the institution, and Chengxin Lithium Group Co.Ltd(002240) was the most bought, amounting to 68.5828 million yuan. In addition, 8 shares were sold by institutions, and Qinghai Salt Lake Industry Co.Ltd(000792) was sold the most, at 430 million yuan.
margin trading : as of December 9, the balance of two financial transactions in Shanghai and Shenzhen was 1842.329 billion yuan, an increase of 733 million yuan over the previous trading day. Among them, the financing balance was 172.54 billion yuan, an increase of 306 million yuan over the previous trading day; The balance of securities lending was 119.789 billion yuan, an increase of 427 million yuan over the previous trading day.
Shibor : Shibor reported 1.8070% overnight, down 34.7 basis points; Seven days Shibor reported 2.1840%, down 3.6 basis points; Three month Shibor reported 2.4920%, up 0.2 basis points.
foreign exchange
On December 10, the central parity rate of RMB was reported at 6.3702, down 204 points, and the central parity rate of the previous trading day was reported at 6.3498. The onshore RMB closed at 6.3704 against the US dollar, down 247 points from the previous trading day.
property market observation
daily economic news: the closing battle of the real estate market in 2021 starts in low temperature operation. Under the precise regulation of the property market, both supply and demand of the market have weakened since the second half of the year. Despite the continuous release of the marginal easing signal of the current credit policy and the increasing expectation of the marginal adjustment of the regulatory policy, since 2021, the year-on-year growth rate of the funds in place of real estate enterprises has gradually slowed down, the peak of the maturing debt has been capped, superimposed on the downward expectation of the market, it is still difficult to improve the sales in the short term, and all parties in the market are seeking increment in the “weak balance”.
interface news: recently, 58 residents in the same city released the national rental market monthly report in November 2021. The report shows that in November, the rent of 38 cities in 65 cities increased moderately, and the rent of 27 cities decreased slightly. Among them, the rent of the provincial capital core cities such as Hangzhou, Changsha and Wuhan increased significantly in November. On the one hand, the rental demand of the core first and second tier cities recovered well this year. On the other hand, the landlord’s expectation of price adjustment at the end of the year was high, resulting in a rise in rent, but the overall rise was still benign.
daily economic news: when people are still concerned about whether the trading volume of Shenzhen real estate market has bottomed out and rebounded, the number of houses in the less prominent French auction market is rising. In terms of the number of auction houses, as of December 10, the number of auction houses in Shenzhen had reached 9904. In less than a year, the number of auction houses in Shenzhen has surged by 248%, excluding the listing of auction houses on other auction platforms.
international information
financial Associated Press: Warren Clark, CEO of the National Road Transport Association of Australia (nrta), said that the country’s supply chain has been under great pressure due to the continuous impact of covid-19 epidemic, port labor action, driver shortage and other factors. Clark said that it is optimistic that Australia’s vehicle urea supply will dry up by February next year, but it may actually be earlier.
interface news: according to the data released by the Bank of Japan on December 10, the enterprise price index increased by 9.0% year-on-year in November. The increase reached a 41 year high since December 1980, when the oil crisis had an impact. In addition to the rise in the prices of international commodities such as crude oil, the depreciation of the yen further pushed up the prices of imported commodities. In the context of the slow pace of economic recovery caused by the covid-19 epidemic, the risk of squeezing the earnings of Japanese enterprises is increasing.
daily economic news: from the evening of December 10 to the early morning of December 11, local time, tornadoes and other bad weather swept through many states in the central and southern United States, including Arkansas, Illinois, Kentucky, Missouri and Tennessee, with about 30 tornadoes. Severe weather has caused power cuts to more than 330000 homes, and more than 25 million Americans are facing serious threats.
futures market
China Futures: most of China’s commodity futures closed down, with the main contracts of coking coal falling by more than 6%, jujube and pulp falling by more than 5%, ethylene glycol falling by more than 3%, LPG, glass, plastics, Bank of Shanghai, palm and crude oil falling by more than 2%, and soybean oil, Shanghai nickel, staple fiber and asphalt falling by more than 1%. Rapeseed meal, apple and styrene rose by more than 2%, while No. 20 gum and soybean meal rose by more than 1%.
International Futures: on Friday, US Eastern time, international oil prices rose. As of the close, January crude oil futures in New York closed up US $0.73, or 1.03%, to US $71.67/barrel, ending the downward trend for six consecutive weeks before; Brent February crude oil futures closed up $0.73, or 0.98%, at $75.15/barrel. The international gold price rose. As of the closing, the February 2022 gold futures price, the most active trading in the gold futures market of the New York Mercantile Exchange, rose by US $8.1 on the 10th compared with the previous trading day to close at US $1784.8 per ounce, or 0.46%.
overseas index
U.S. stock market: on Friday, Eastern time, the three major indexes of the U.S. stock market rose, and the S & P 500 index reached a record closing high. As of the closing, the Dow rose 216.30 points to 35970.99 points, or 0.60%; The NASDAQ rose 113.23 points to 15630.60 points, or 0.73%; The S & P 500 index rose 44.57 points, or 0.95%, to 4712.02.
European stock market: on Friday, European time, the main indexes of European stocks collectively closed down. As of the close, the average price index of 100 stocks in the financial times of London stock market closed at 7291.78, down 29.48 points or 0.40% from the previous trading day; France Paris Stock Market CAC40 index closed at 6991.68, down 16.55 points or 0.24% from the previous trading day; Germany’s Frankfurt stock market DAX index closed at 15623.31, down 15.95 points or 0.10% from the previous trading day.
Asia Pacific Stock Market: the Nikkei 225 index closed down 293.97 points, or 1.02%, at 28431.50 on Friday, December 10. South Korea’s Kospi index closed down 17.86 points, or 0.59%, at 3011.71.
