On Monday, November 29th, the main contents of today’s headlines are:
China Securities Journal
The new version of the rules on shareholding changes of directors, supervisors and senior executives is open for comments
The CSRC recently solicited opinions from the public on the 27 normative documents involved in the integration work. Insiders noted that the rules for independent directors of listed companies (Draft for comments) (hereinafter referred to as the rules for independent directors) revised and published by the CSRC this time absorbed the contents on improving the independent director system and giving full play to the role of independent directors in the Several Provisions on strengthening the protection of the rights and interests of shareholders of social public shares.
Experts say China has sufficient policy space to deal with potential risks and challenges
At the “Caijing annual conference 2022: prediction and strategy – consensus reconstruction under great changes” held recently, many experts said that China’s economic growth next year may be affected by a variety of uncertain factors and face certain downward pressure, but China has sufficient policy space to deal with potential risks and challenges, and monetary and financial policies can play a positive role in supporting economic recovery.
Chinese assets are expected to show resilience when the global market opens the “risk avoidance mode”
On November 26 (last Friday), the global risk assets fell sharply, with some major stock indexes falling by 2% – 4%, and some even higher; Crude oil prices in New York fell more than 13%. Some assets with hedging properties, such as gold and treasury bonds, bucked the market and strengthened.
The strong rise of hydrogen energy is imminent
Driven by the policy, the hydrogen industry stands at the air outlet. According to insiders, the top-level design document of hydrogen energy is expected to be issued in the near future. The reporter found that hydrogen production from fossil energy is the main source of hydrogen production in China, accounting for more than 60%, but it has the “grey hydrogen problem” of high carbon emissions. With the rapid development of clean energy industry, the production of “green hydrogen” from electrolytic water has ushered in the dawn.
Shanghai Securities News
The policy of helping enterprises to bail out was effective, and the profit growth of private enterprises accelerated significantly in October
In October, the profit of private enterprises increased by 28.8% year-on-year, 21 percentage points faster than that of the previous month, rising for two consecutive months. Among them, the profit growth rate of 14 industries is more than 20%, showing a good development momentum. The contribution rate of private enterprises to the profit growth of Industrial Enterprises above designated size was 42.7%, an increase of 27.6 percentage points over the previous month.
A series of support policies for the continuous improvement of private investment in many places are ready to go
Since this year, with the improvement of the business environment and the introduction of a series of preferential policies for enterprises, private investment has continued to improve. According to incomplete statistics by the reporter of Shanghai Securities News, from January to October, private investment in most provinces increased year-on-year, and private investment in 10 provinces maintained double-digit growth year-on-year. In order to further stimulate vitality, many places are brewing to formulate new measures to promote private investment, including reducing the threshold of market access and innovating investment and financing methods.
The two departments jointly issued a document to crack down on violations of insurance “judicial scalpers”
Insurance “judicial scalpers” violations have attracted the attention of relevant departments. The official website of the Ministry of justice recently released information. The general office of the Ministry of justice and the general office of the China Banking and Insurance Regulatory Commission jointly issued a notice on regulating the judicial appraisal of insurance claims, which aims to effectively solve the prominent problems found in the special treatment and strictly regulate the judicial appraisal of insurance claims (hereinafter referred to as “insurance related judicial appraisal”).
Consolidate the results of rectifying the chaos in the insurance market, and the regulatory authorities revealed four key tasks in the next stage
The reporter of Shanghai Securities News learned yesterday that in order to continuously consolidate the rectification results of the chaos in the insurance market since 2017 and promote the sustained, stable and healthy development of the industry, the regulatory authorities will constantly standardize the order of the insurance market and maintain the high-pressure situation of supervision.
securities times
In October, the profits of industrial enterprises increased by 24.6% year-on-year, rebounding for two consecutive months
On November 27, the National Bureau of statistics released the profit data of Industrial Enterprises above Designated Size from January to October. Zhu Hong, Senior Statistician of the industry department of the National Bureau of statistics, said that in October, with the strong promotion of policies and measures such as ensuring supply and stabilizing prices and helping enterprises to rescue, the production and operation status of industrial enterprises continued to improve, and the profit growth rate increased steadily. The profits of Industrial Enterprises above designated size increased by 24.6% year-on-year, 8.3 percentage points faster than that of the previous month, rising for two consecutive months. From January to October, the profits of Industrial Enterprises above designated size increased by 42.2% year-on-year, continuing to maintain a rapid growth trend.
The supervision encourages securities companies to actively layout the securities settlement model and fund blowout
This year, the settlement mode of securities companies was powerful. As of November 26, a total of 103 funds chose the settlement mode of securities companies, of which 2 funds were converted from bank settlement mode to securities settlement mode. Many institutions believe that under the general trend of the transformation of brokerage business to wealth management, the bond settlement model can effectively coordinate the long-term interests of cooperation between securities companies and fund companies, promote cooperation in multiple business dimensions and fully mobilize the business enthusiasm of both sides.
Phenomenon level insurance swept the country, and the sustainability of Huimin insurance attracted attention
Low premium, low threshold and high insured amount… After millions of medical insurance, Huimin insurance (full name: Urban customized commercial medical insurance) has become a phenomenon insurance sweeping the country in recent two years. Recently, many places have successively released new versions of Huimin insurance and started a new round of insurance work. The content of insurance is generally increased without price increase compared with last year, which once again triggered a heated discussion.
According to the data, the resignation rate of independent directors in November was actually at a ten-year low
On November 12, the first instance of the financial fraud case of Kangmei pharmaceutical fell. In the judgment, what is hotly debated by the outside world is that five independent directors were sentenced to joint and several liability ranging from 5% to 10%, of which the amount of single compensation even exceeded 100 million yuan. It is particularly worth mentioning that, according to the annual report of Kangmei pharmaceutical, the total pre tax annual salary of the five independent directors during the reporting period was about 100000 yuan, and the minimum was only more than 70000 yuan.
Securities Daily
Shanghai Cooperation Demonstration Zone starts the construction of China Russia Center
On the 28th, Shanghai Cooperation Demonstration Zone, Shanghai Cooperation Development Group and China Power Construction Group signed a cooperation agreement on China Russia center project. China Russia center officially landed in Shanghai Cooperation Demonstration Zone and started construction. The China Russia center project is located in the core area of the SCO demonstration zone, with a total investment of about 2 billion yuan and a construction area of about 200000 square meters. It will form an information headquarters for local investment and cooperation between China and Russia, a gathering place for Russian enterprises in China, and a new platform and bridge for Sino Russian cultural tourism and scientific and technological cooperation.
The “meta universe” in the hearts of the eight institutions: in the embryonic exploration period, we should guard against three misunderstandings and highlight the new potential
Yuancosmos, a hypothesis put forward by American writer Neal Stephenson in the book avalanche in the 1990s, has become a global hot word this year. In recent months, giants such as Facebook (renamed meta), Microsoft and NVIDIA have entered metauniverse one after another; China Tencent and other companies are actively competing for admission tickets. At the same time, the A-share yuan universe concept plate also ushered in a sharp rise.
“Strength show” in the second week of the opening of the Beijing stock exchange: the operation is stable, and the market entry sentiment of all kinds of investors is high
It has been two weeks since the opening of the Beijing stock exchange. In the first week, this newspaper has reported and analyzed the situation in “please remember, a historic week of the Beijing stock exchange”. The “report card” in the second week (November 22-26) has also attracted the attention of all parties in the market. Chang Chunlin, founding partner of Beijing Liwu Investment Management Co., Ltd., told the Securities Daily, “generally speaking, the overall operation of the Beijing stock exchange in the second week of opening is stable, the market expectation is good, and the general upward trend is expected to remain unchanged.”
The national development and Reform Commission held intensive meetings to improve the price formation mechanism of the coal market
Recently, the national development and Reform Commission has held frequent meetings, so it is urgent to improve the coal market price formation mechanism. On November 26, the price department of the national development and Reform Commission went to Huaneng Group to carry out special research, hold a symposium on coal and power enterprises, listen to the opinions and suggestions of enterprises, and study and improve the coal market price formation mechanism. Participating enterprises believe that it is timely to improve the coal market price formation mechanism, hope relevant opinions will be issued as soon as possible, and put forward specific suggestions on the reasonable range of coal extraction price in key production areas and water coal price in ports.
people’s daily
The number of overseas warehouses in China has exceeded 2000, and new foreign trade formats have achieved new growth
Recently, with the approval of the State Council, the Ministry of Commerce issued the high quality development plan for foreign trade in the 14th five year plan. The Ministry of Commerce recently held a special press conference to introduce the relevant situation. The plan points out that during the 13th Five Year Plan period, China’s foreign trade showed great toughness and vitality, achieved remarkable development achievements, and made positive contributions to China’s economic and social development and global common development.
China business daily
Seoul wants to be the first city of the “Yuan universe” with 3.9 billion won?
Recently, the Seoul municipal government of South Korea released the five year plan of yuancosmos Seoul, announcing that from 2022, it will build yuancosmos administrative service ecology in all business fields of the municipal government, such as economy, culture, tourism, education, letters and visits.
The average price reduction is 48%, and domestic manufacturers break through! What impact will intensive insulin collection bring
Recently, the Sixth Batch of “insulin special” organized by the state for centralized drug procurement was opened in Shanghai. The average price reduction of the products to be selected was 48%, which is expected to save 9 billion yuan per year.
economic reference daily
Measures such as ensuring supply and stabilizing price took effect, and the profits of industrial enterprises increased steadily in October
According to the data of the National Bureau of statistics, in October, the profits of Industrial Enterprises above designated size increased by 24.6% year-on-year, 8.3 percentage points faster than that of the previous month, rebounding for two consecutive months; The average growth rate in the two years was 26.4%, accelerating by 13.2 percentage points. From January to October, the profits of Industrial Enterprises above designated size increased by 42.2% year-on-year, with an average increase of 19.7% in two years, and continued to maintain a rapid growth trend.
A number of major projects with high-quality development and growth pole in the forging region were accelerated
To promote the coordinated development of regional economy and society, top-level design is the planning guide, and major projects are the main starting point and strong support for the implementation of the plan. The reporter of economic information daily learned that relevant departments are focusing on regional development strategies and planning to implement a series of major projects. Among them, focusing on the construction of double city economic circle in Chengdu Chongqing region, in addition to the high-quality construction of landmark projects such as Chengdu Chongqing middle line high-speed railway, it will also promote the implementation of a number of major projects such as water conservancy, energy and ecological environmental protection, and accelerate the construction of a number of high-energy innovation platforms. The Yangtze River Delta will focus on promoting a number of connectivity, scientific and technological innovation and industrial coordination projects, strive to build a new cross-border connectivity network and gather new momentum for innovation and development.