daily collection
brokerage China: the sudden covid-19 mutation virus has plunged the world into panic again. Worried about the new covid variant, European and American stock markets fell sharply on Friday night. Among them, US stocks only opened for half a day. As of the close, US $1.6 trillion had evaporated, equivalent to more than 10 trillion yuan. Due to risk aversion, bond prices rose and yields fell sharply. The benchmark US 10-year Treasury yield fell 15 basis points to 1.49%.
Xinhua News Agency: the Sixth Batch of national drug centralized purchase mainly based on insulin produced the proposed winning result in Shanghai on the 26th. This centralized purchase covers 16 varieties of second-generation and third-generation insulin commonly used in clinic, 42 products are selected, and all mainstream products of domestic and foreign capital are selected. The average price reduction of the products to be selected is 48%. The procurement demand of medical institutions in China in the first year is about 210 million pieces. Calculated according to the price before centralized procurement, the procurement amount involved is about 17 billion yuan, saving more than 9 billion yuan.
First finance and Economics: the State Council issued a decision on Amending the regulations for the implementation of the tobacco monopoly law of the people’s Republic of China. In order to strengthen the supervision of electronic cigarettes and other new tobacco products, the State Council has decided to amend the regulations for the implementation of the tobacco monopoly law of the people’s Republic of China as follows: one article is added as Article 65: “electronic cigarettes and other new tobacco products shall be implemented with reference to the relevant provisions of these regulations.” This decision shall go into effect as of the date of promulgation.
financial Associated Press: the comprehensive Department of the National Energy Administration solicited public opinions on the administrative measures for the development and construction of photovoltaic power generation (Draft for comments). It is mentioned that the annual development and construction plan of photovoltaic power station can be divided into guaranteed grid connection scale and market-oriented grid connection scale according to national requirements. If all localities determine the indemnificatory grid connection projects or market-oriented grid connection projects in batches, they shall disclose the relevant information to the public in time. For projects not included in the annual development and construction plan of photovoltaic power station, the power grid company shall not handle the power grid access procedures. The competent energy departments at all levels are encouraged to adopt the management method of project library and do a good job in the project reserve of photovoltaic power plants.
Economic Daily: in addition to the risk that the technology is far from mature, there are many other risks in metauniverse. The virtual world based on algorithm may make human beings too addicted and make the real society fall into decline. If small and medium-sized investors want to follow the trend and invest in yuanuniverse, it is like licking blood at the edge of a knife. It is risky and difficult to make profits.
macroeconomic
National Bureau of Statistics: from January to October, industrial enterprises above Designated Size achieved a total profit of 7164.99 billion yuan, a year-on-year increase of 42.2%, an increase of 43.2% over January to October 2019, and an average increase of 19.7% over the two years. In October, industrial enterprises above Designated Size realized a total profit of 818.74 billion yuan, a year-on-year increase of 24.6%.
financial union: on the 26 day, “Alipay and WeChat pay the personal payment code will be banned from next March 1st.” However, according to the financial Associated Press, the new regulations of the central bank do not completely prohibit the commercial use of collection codes. The notice clearly emphasizes that the collection codes are divided into personal and business collection codes, and the business collection codes are not included in the notice restrictions. Among them, the individual static collection barcode will be constrained. According to regulations, individual static collection codes are prohibited from being used for remote non face-to-face collection in principle, and each institution shall carefully determine the white list of individual collection static codes; The individual collection barcode users with obvious business characteristics shall be managed with reference to the special merchants. Individuals can apply for changing the collection code to business use, but the standard of change is still under study by relevant departments.
Securities Times: the opinions of the State Council on supporting the high-quality development of Beijing Urban sub center was issued. It is mentioned that the central government should increase its support for the development of urban sub centers and reasonably ensure the construction and operation needs of basic public services. On the premise of maintaining the overall control of government debt risk, we will increase the support of local government bonds, and take the financing demand for the construction of urban sub centers as an important factor for separate accounting. Encourage the use of authorized operation, infrastructure project construction and operational construction to revitalize the stock assets, and support Beijing Urban sub center investment and Construction Group Co., Ltd. to innovate the financing mode. Support qualified enterprises in urban sub centers and surrounding areas in issuance and listing, M & A, equity transfer, bond issuance and asset securitization.
interface news: in order to further promote the development of the foreign exchange market, better serve the market entities and manage foreign exchange risks, the State Administration of foreign exchange has drafted the notice of the State Administration of foreign exchange on relevant measures to support the foreign exchange risk management of market entities (draft for comments), which is now open to the public for comments. The circular pointed out that the scope of cooperation in handling RMB to foreign exchange derivatives business should be expanded. The business scope includes cooperative forward settlement and sales of foreign exchange, cooperative foreign exchange swap and cooperative currency swap. Support the bank’s own foreign exchange risk management.
industry dynamics
Beijing News: on November 27, Wang Xin, director of the Research Bureau of the people’s Bank of China, said at the 2022 annual meeting of Finance and economics that we should strengthen and improve the financial supervision of platform enterprises, strengthen the penetrating supervision of large Internet platform businesses, and safeguard the rights and interests of financial consumers.
Securities Times: on November 26, Cgn Power Co.Ltd(003816) group wind power company completed the signing of capital increase and war introduction in Beijing property exchange, introduced 14 strategic investors such as the national social security fund, and raised up to 30.53 billion yuan, setting a number of records in the capital market such as the largest equity financing project in the Shanxi Guoxin Energy Corporation Limited(600617) power field. It is reported that the capital increase project of CGN wind power company has released a total equity ratio of 33%, which is mainly used for the development and construction of wind power and photovoltaic reserve projects, and the development of new businesses such as energy storage, comprehensive smart energy, power sales and power value-added services.
China Securities Journal: on November 26, the environmental information disclosure platform of Shanghai enterprises and institutions showed that Tesla publicized the environmental impact assessment of the second stage production line optimization project of Shanghai Super factory phase I project. It is understood that the total investment of the production line optimization project is as high as 1.2 billion yuan. It is expected to start construction in December this year and complete it in April next year. Tesla said that the project will increase production capacity by increasing working hours, increasing the number of employees and improving the frequency of material turnover, but the EIA report did not disclose the increase in production capacity. According to Tesla‘s estimation, 4000 employees will be added after the completion of the production line optimization project, and the number of employees in the whole plant will reach 19000.
financial Associated Press: after a series of strict reviews, “Shengze 901”, “Yisheng 909” and “Guangming No. 2” three new white feather broiler breeds were finally approved by the national livestock and Poultry Genetic Resources Committee. “Shengze 901” and other three new white feather broiler varieties ended the publicity and became the first batch of independently cultivated white feather broiler varieties in China, breaking the long-term monopoly of foreign sources of white feather broilers.
stock market focus
China Securities Index Co., Ltd.: according to the index rules and after deliberation by the index expert committee, Shanghai Stock Exchange and China Securities Index Co., Ltd. decided to adjust the index samples such as SSE 50, SSE 180, SSE 380 and Kechuang 50, which will take effect after the closing on December 10, 2021. Among them, 5 samples were replaced by Shanghai 50 index, 18 samples by Shanghai 180 index, 38 samples by Shanghai 380 index and 5 samples by Kechuang 50 index.
first finance and Economics: a new variant of covid-19 virus was found in South Africa, which is more infectious and immune escape. Some countries immediately tightened the prevention and control policies. On November 26, the European and American stock markets fell sharply. Pessimistic investors even thought of the sharp decline in March 2020, which cast a shadow on the opening of A-Shares on November 29. In this regard, some senior market participants believe that the impact on A-Shares is limited, the cross-year market can continue, and the relevant sectors such as finance, real estate and consumption will still be boosted at the end of the year and the beginning of the year. Some optimistic analysts believe that the current volatility of A-Shares is relatively small. Similar to the “bull market Eve” before July 2014, A-Shares are expected to continue the law of a major high every seven years or so.
interface news: Citic Securities Company Limited(600030) the research report points out that since the fourth quarter, the economy has started the recovery period, the policy is in the waiting period, the stock investors are still in the hesitation period, and the market main line has entered the brewing period. With the economic recovery, the policy signal is clear, the continuous inflow of incremental funds drives the stock funds to gradually increase their positions, and the market main line of blue chip return will be clearer. In terms of configuration, it is suggested to firmly focus on the blue chip main line of “three low positions”, focusing on: 1) varieties whose fundamentals are still expected to be low; 2) Varieties with relatively low valuation; 3) High boom varieties with adjusted stock prices at a relatively low level.
first finance and Economics: Shanxi Securities Co.Ltd(002500) said that at present, the liquidity of A-Shares has basically remained stable, the expectations of wide credit and wide currency are marginally stronger, and the valuation of hot concept plates with high prospect such as new energy, carbon neutralization and common prosperity has entered a high level, and the exploration space may be relatively limited in the short term. The overall valuation differentiation of the market is still obvious, the main line is still unclear, and the probability will continue the structural market in the short term. However, under the background of the continuous strengthening of loose expectations, the trend market opportunity is still worth looking forward to.
Subscription of new shares: Zeyu intelligent
subscription of new bonds: Huaxing convertible bonds
IPO: torch core technology
new bond listing: hope to transfer to 2
corporate news
Beijing Transtrue Technology Inc(002771) : the company’s seal and license have been out of control
Wanhua Chemical Group Co.Ltd(600309) : the listing price of polymeric MDI market has been reduced by 1500 yuan / ton since December
Zhejiang Hisun Pharmaceutical Co.Ltd(600267) : aspart insulin injection is proposed to win the bid for national centralized drug collection (insulin special)
Tonghua Dongbao Pharmaceutical Co.Ltd(600867) : products with multiple specifications are proposed to win the bid for national centralized drug purchase (insulin special)
Kangmei Pharmaceutical Co.Ltd(600518) : the court ruled to approve the company’s reorganization plan
Changzhou Shenli Electrical Machine Incorporated Company(603819) : shareholders plan to reduce their shares by no more than 9.23% in total
Top Score Fashion Co.Ltd(603608) : Hong Kong Gaochuang and Pingtan Shangjian plan to reduce their shares by no more than 7%
Shenzhen Silver Basis Technology Co.Ltd(002786) : Huaqing boguang plans to reduce no more than 6% of the company’s shares
Hangzhou Zhongheng Electric Co.Ltd(002364) : signed a procurement and supply contract for Panama power equipment of about 800 million yuan with Alibaba
Visionox Technology Inc(002387) : recently received the purchase order of glory terminal
China Energy Engineering Corporation Limited(601868) : Gezhouba Group won the bid for the 14.224 billion yuan project
Bgi Genomics Co.Ltd(300676) : holding subsidiary products have obtained MHRA registration in the UK
Mango Excellent Media Co.Ltd(300413) : subsidiaries signed an overall cooperation framework agreement with Migu culture
data list
Shanghai and Shenzhen Stock Markets: on November 26, the two markets continued to weaken, with individual stocks falling more or less. As of the close, the Shanghai index fell 0.56%, the Shenzhen composite index fell 0.34% and the gem index fell 0.16%; In terms of sectors, the concept of digital currency rose sharply near the noon closing and remained strong in the afternoon. The sector rose nearly 6%, Qitian Technology Group Co.Ltd(300061) 20% limit, Guangzhou Kingteller Technology Co.Ltd(002177) , Hyunion Holding Co.Ltd(002537) etc. also rose; Lithium extraction from Salt Lake, rare earth permanent magnet, water affairs, iron and steel, environmental protection, etc. led the rise, while phosphorus chemical industry and wind power rose in the afternoon; Semiconductors, coal and metauniverse led the decline. Beihai Gofar Chuanshan Biological Co.Ltd(600538) , Zhejiang Oceanking Development Co.Ltd(603213) etc. 70 stocks in the two cities rose by 10% or more.
Hong Kong stocks: Hang Seng Index closed down 2.67%, the lowest in more than one and a half months, and Hang Seng technology index fell 3.25%. Gambling stocks led the decline, with sands China Co., Ltd. down more than 7% and galaxy entertainment down more than 6%; Information technology sector fell before the top, Kwai fell more than 8%, Alibaba fell more than 4%.
Shanghai Shenzhen Hong Kong stock connect: on November 26, the north capital sold a net 4.489 billion yuan, of which the Shanghai Stock connect sold a net 3.244 billion yuan and the Shenzhen Stock connect sold a net 1.245 billion yuan. Among the top ten traded stocks, Contemporary Amperex Technology Co.Limited(300750) , Wuxi Apptec Co.Ltd(603259) , China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) were among the top three, with net purchases of 258 million yuan, 246 million yuan and 243 million yuan respectively. The net sales of China Merchants Bank Co.Ltd(600036) , Ping An Insurance (Group) Company Of China Ltd(601318) , Kweichow Moutai Co.Ltd(600519) ranked among the top three, with net sales of 654 million yuan, 444 million yuan and 391 million yuan respectively.
dragon and tiger list: on November 26, among the stocks on the list, the largest net capital inflow was Jee Technology Co.Ltd(688162) , which was 238 million yuan. Data show that the stock rose 7.74% during the day and the turnover rate throughout the day was 35.85%. A total of 35 stocks were involved in the institutional participation in the dragon and tiger list, of which 19 were net bought by the institution, Jee Technology Co.Ltd(688162) was the most bought, amounting to 325 million yuan. In addition, 16 shares were sold by institutions, and Tonghua Dongbao Pharmaceutical Co.Ltd(600867) was sold the most, amounting to 95.9354 million yuan.
margin trading : as of November 25, the balance of ETF financing in the two cities was 179.771 billion yuan, an increase of 79.5529 million yuan over the previous trading day, a month on month increase of 0.04%, of which the balance of ETF financing was 155.819 billion yuan, an increase of 104 million yuan over the previous trading day, a month on month increase of 0.07%.
Shibor: Shibor reported 1.7120% overnight, down 11.1 basis points; Shibor reported 2.2470% in 7 days, up 1.6 basis points; Three month Shibor reported 2.4860%, up 0.2 basis points.
foreign exchange
On November 26, the central parity rate of RMB against the US dollar rose 44 basis points to 6.3936, compared with 6.3980 in the previous trading day. The onshore RMB closed at 6.3913 against the US dollar at 16:30 on November 26, down 19 points from the previous trading day.
property market observation
times weekly: in 2021, Shenzhen local shooting ended, and the big play came to an end in the differentiation between hot and cold. On November 25, the third batch of centralized land supply in Shenzhen was transferred. Before entering the land auction link, 7 of the 11 plots were sold at the reserve price.
first finance and Economics: recently, a number of first and second tier cities sent signals of housing loan relaxation, and Beijing also showed signs of loosening. It is learned from many banks and real estate agents that the queuing time of bank mortgage loans has been shortened. Some bank account managers told buyers that the mortgage amount at the beginning of the year is relatively loose, and a batch of loans may be concentrated in January next year. For example, if you apply for a mortgage in December, the lending time can be shortened to one month. It is understood that previously, personal mortgage loans in first and second tier cities such as Suzhou, Shenzhen, Guangzhou, Foshan and Shanghai were relaxed to varying degrees. Chengdu recently made it clear to promote the steady and healthy development of real estate, which will improve the efficiency of real estate approval, encourage projects to speed up listing and sales, improve the efficiency of supervision and use of pre-sale funds, and coordinate financial institutions to increase support.
international information
China News Network: the Chinese website of the United States reported that November 26 local time is the annual “Black Friday” shopping season in the United States. According to the preliminary statistics of sensory solutions, the passenger flow of “black five” retail stores increased by 47.5% compared with the same period in 2020; However, retailers’ online sales in the “black five” were $8.9 billion, slightly lower than the sales record of about $9 billion in the same period in 2020.
finance and economics of China Central Television: since this year, the Turkish Lira has depreciated by about 40%, which is one of the worst performing currencies in emerging markets. The price of bread, the most important food for Turks, has also risen sharply. On the 26th local time, the head office reporter visited a bakery in Ankara, the Turkish capital, and found that the price of bread in the bakery had increased by nearly 30%.
CCTV news client: in the latest report released by the Italian Central Bureau of statistics, it is estimated that the Italian population will fall to about 47.6 million in 2070, about 20% lower than that in January 2020. The report calls this change a “potential crisis”. Italian local media reported on the 27th that the Italian population in January 2020 was about 59.6 million, which is expected to drop to about 58 million in 2030 and further to about 54.1 million in 2050.
futures market
China Futures: China commodity futures closed, led by black. The main contract of Zheng coal fell by the limit, with ferrosilicon falling by more than 8%, coking coal and manganese silicon falling by more than 7%, iron ore falling by more than 6%, PVC and coke falling by more than 5%, EB and soda ash falling by more than 4%, SS and NR falling by more than 3%, Shanghai aluminum and staple fiber falling by more than 2%, Shanghai copper and Shanghai tin falling by more than 1%, soybean meal and soybean oil falling slightly; Pulp and jujube rose by more than 2%, while Apple and corn rose slightly.
International Futures: on Friday, US Eastern time, international oil prices plummeted. As of the closing, January crude oil futures in New York closed down $10.24, or 13.06%, at $68.15/barrel; Brent January crude oil futures fell $9.53, or 11.59%, to $72.72/barrel. Data show that this is the largest one-day decline in oil prices in New York and Brent since April 2020. The international gold price rose slightly. As of the close, the December gold futures price, which was the most actively traded in the gold futures market of the New York Mercantile Exchange, rose by US $1.2 on the 26th compared with the previous trading day to close at US $1785.5 per ounce, or 0.07%. The main contract of crude oil futures of the exchange in the previous period hit the limit, down 8.01% to 464.1 yuan / barrel.
overseas index
U.S. stock market : on Friday, Eastern time, U.S. stocks closed early due to the Thanksgiving holiday, U.S. stocks fell sharply across the board, and the S & P 500 index hit the largest one-day decline since February. As of the close, the Dow closed down 905.04 points, or 2.53%, at 34899.34; The NASDAQ closed down 353.53 points, or 2.23%, at 15491.70; The S & P 500 index fell 106.84 points, or 2.27%, to 4594.62.
European stock market: on Friday, European time, the three major indexes of European stocks fell across the board. As of the close, the average price index of 100 stocks in the financial times of London stock market closed at 7044.03, 266.34 points lower than the previous trading day, or 3.64%; France Paris Stock Market CAC40 index closed at 6739.73, down 336.14 points or 4.75% from the previous trading day; Germany’s Frankfurt DAX index closed at 15257.04, down 660.94 points or 4.15% from the previous trading day.
Asia Pacific Stock Market: the Nikkei 225 index closed down 747.28 points, or 2.53%, at 28752.00 on November 26. South Korea’s Kospi index closed down 43.83 points, or 1.47%, at 2936.44.
