daily collection
China Central Television: the reporter of China Central Television, the head office, learned from the Ministry of industry and information technology that in the special rectification of APP infringement on users’ rights and interests carried out by the Ministry of industry and information technology this year, 9 products of Tencent company had violations, and a total of 4 batches were publicly notified, violating the relevant requirements of rectifying the conduct of the information and communication industry in 2021. According to the relevant deployment, the Ministry of industry and information technology has taken transitional administrative guidance measures for Tencent. It is required that new app products to be released and updated versions of existing app products shall be subject to technical testing organized by the Ministry of industry and information technology before they are put on the shelves, and they shall be put on the shelves normally after passing the testing.
financial Associated Press: the CPC Central Committee and the State Council issued opinions on strengthening the work on aging in the new era. It is mentioned that to further standardize the development of institutional pension, all localities should develop institutional pension through direct construction, entrusted operation, purchase services, encouraging social investment and other ways. Innovate the home-based community elderly care service model, and strengthen the construction of rural elderly care service institutions and facilities in combination with the implementation of the Rural Revitalization Strategy. We will vigorously develop enterprise (occupational) annuities and promote and standardize the development of the third pillar of old-age insurance. We will explore ways to increase the income of the rural elderly through asset income support systems. Improve the health service and management level of the elderly, and actively give play to the role of grass-roots medical and health institutions in providing high-quality traditional Chinese medicine services for the elderly.
national development and Reform Commission: from the preliminary evaluation and compliance review, some coal price index behaviors are non-compliance, misleading the market, and leading to the price increase divorced from the fundamentals of supply and demand to a certain extent. Next, the national development and Reform Commission will further verify in accordance with relevant regulations, and take disciplinary measures such as interview, public exposure, rectification within a time limit, suspension of release and inclusion in the dishonest list for the subjects found to have violations in the evaluation and compliance review; If the violation is constituted, the relevant departments shall investigate the legal responsibility according to law.
financial Associated Press: Xi Jinping presided over the 22nd Meeting of the Central Committee for comprehensively deepening reform. The meeting pointed out that in recent years, the construction of China’s power market has been steadily and orderly, and the proportion of market-oriented trading electricity has increased significantly. We should improve the multi-level unified power market system, accelerate the construction of the national power market, guide the coordinated operation and integrated development of the national, provincial (District, city) and regional power markets, standardize unified trading rules and technical standards, and promote the formation of a multi competitive power market pattern.
macroeconomic
Securities Times: according to the data of the Ministry of finance, from January to October, the total operating revenue of state-owned enterprises was 60386 billion yuan, a year-on-year increase of 22.1% and an average increase of 9.7% in the two years. From January to October, the total profit of state-owned enterprises was 3825.04 billion yuan, a year-on-year increase of 47.6% and an average increase of 14.1% in the two years. Among them, central enterprises reached 2532.65 billion yuan, a year-on-year increase of 44.0%, with an average increase of 14.2% in the two years; Local state-owned enterprises reached 1292.4 billion yuan, a year-on-year increase of 55.3% and an average increase of 13.8% in the two years.
financial Associated Press: Li Keqiang chaired an executive meeting of the State Council to deploy and improve the management of special bonds of local governments, optimize the use of funds and strictly supervise funds. The meeting required that in the face of the new downward pressure on the economy, we should strengthen cross cycle regulation, and give better play to the role of special debt funds in driving social funds while continuing to do a good job in local government debt management, preventing and resolving risks. First, accelerate the discovery of the remaining amount of special bonds this year; Second, overall plan and strengthen the preliminary work and reserves of projects in line with the needs of economic and social development; Third, reasonably put forward the quota and distribution plan of special bonds for next year; Fourth, the use of funds should pay attention to practical results.
first finance and Economics: Ren Hongbin, Vice Minister of the Ministry of Commerce, said that everyone knows that through the joint efforts of all members, the RCEP agreement has reached the entry into force threshold and will officially enter into force on January 1, 2022. Next, the Ministry of Commerce, together with relevant Chinese departments, will timely issue the guidance on high-quality implementation of RCEP to provide guidance and services for all localities and industries in China to make good use of the agreed opportunities and achieve better development.
daily economic news: the first equipment industry department of the Ministry of industry and information technology, together with the relevant departments and bureaus of the Ministry of finance, the Ministry of Commerce, the General Administration of customs and the State Administration of market supervision, recently organized a Management Symposium on the parallel management measures for average fuel consumption of passenger vehicle enterprises and new energy vehicle points in Beijing. The participants agreed that the points method needs to be revised and improved with the times to better guide the high-quality development of the industry.
industry dynamics
CCTV news client: on the afternoon of November 24, Zhejiang development and Reform Commission held a media briefing to introduce the implementation plan for accelerating the development of hydrogen fuel cell vehicle industry in Zhejiang Province. The implementation plan proposes that by 2025, the industrial ecology of hydrogen fuel cell vehicles in Zhejiang Province will be basically formed, and there will be a number of competitive leading enterprises in the industrial chain. Positive progress has been made in tackling key technologies such as basic materials and key parts related to hydrogen fuel cells, reaching China’s advanced level. The system of policies and regulations has been gradually improved. Remarkable achievements have been made in the industrial application in key areas, nearly 5000 hydrogen fuel cell vehicles have been promoted and applied in the fields of public transportation, ports and intercity logistics, and nearly 50 hydrogen refueling stations are planned to be built.
financial Associated Press: tianyancha data show that as of November 17, the number of trademark applications related to “yuanuniverse” has exceeded 4400, of which more than 3000 are currently “awaiting substantive review”. Up to now, more than 700 enterprises have applied for yuanuniverse related trademarks. As of November 8, nearly 400 companies had registered yuancosmic related trademarks. By the end of September, about 130 companies had registered yuancosmic related trademarks.
Securities Times: on November 24, the Ministry of industry and information technology organized a publicity and implementation meeting of the “14th five year plan” for the development of information and communication industry. Han Xia, chief engineer of the Ministry, attended the meeting and delivered a speech. Han Xia stressed that we should pay close attention to the organization and implementation of the plan to ensure the implementation of the established deployment and achieve practical results. We should strengthen overall planning and coordination, and do a good job in the overall implementation of relevant special action plans and policy documents such as the coordinated development with dual Gigabit networks, 5g applications, the innovative development of industrial Internet and the development of new data centers. We should study and plan next year’s work according to the plan, and strive to achieve new results in the development, supervision and security of the information and communication industry in 2022.
daily economic news: according to the data of the passenger Federation, the retail sales of the overall narrow passenger car market in the third week of November reached an average daily of 49000 vehicles, a year-on-year decrease of 12%, and the performance was relatively improved, a decrease of 6% compared with the third week of October this year. Due to the obvious improvement of production in October, the retail recovery in November should be obvious, but the current recovery speed is still not fast, which is similar to that in 2019, and it is also a good performance.
stock market focus
Securities Times: China International Capital Corporation Limited(601995) the latest research report believes that with the continuous acceleration of the total scale of quantitative private placement in China, the market has also paid more attention to the impact of private placement quantitative strategy on market liquidity and other characteristics at the transaction level. On the whole, the proportion of private placement quantitative transactions has a certain positive correlation with the volatility of small cap stocks, that is, private placement quantitative has a certain impact on the trading level of stocks (small cap stocks) in its main advantage track, but the correlation is not significant.
surging news: Wang Ying, chief stock strategist of Morgan Stanley China, said at the media teleconference held on November 23 that our main investment proposal in 2021 is to over allocate a shares, and this strategy still works in 2022. Specifically, in terms of sectors, Morgan Stanley judged that the future A-share beneficiary sectors will be subject sectors related to green economy, network security, technology localization, high-end manufacturing and so on. At the current stage, the agency suggests paying attention to thematic and structural opportunities, such as information technology, topics and concepts related to information security, network security, technology localization, semiconductor localization, etc.
Securities Times Network: Sealand Securities Co.Ltd(000750) pointed out that the long-term allocation value is prominent and is optimistic about companies with cost and expansion advantages. From a fundamental point of view, there is a high probability that the pig price will fall again and build a bottom. With the elimination of the production capacity of breeding sows and the arrival of the turning point of the industry in the future, however, some pig breeding companies have long-term allocation value. On the cost side, we can see that companies with significant room for decline and rapid expansion potential can still grow through the downward period, Focus on Muyuan Foods Co.Ltd(002714) , Wens Foodstuff Group Co.Ltd(300498) , and focus on New Hope Liuhe Co.Ltd(000876) , Jiangxi Zhengbang Technology Co.Ltd(002157) , Fujian Aonong Biological Technology Group Incorporation Limited(603363) .
financial Associated Press: Anhui Xinli Finance Co.Ltd(600318) announced that it is planned to buy the equity of companies mainly engaged in financial businesses such as financing guarantee, small loan, pawn and financial leasing out of the listed company, and put 75.6234% equity of bike power; After the completion of this transaction, bike power will become the holding subsidiary of the listed company; Stock resumption.
Subscription of new shares: Huaqiang technology, construction research and design
new debt subscription: none
IPO: none
new bond listing: none
company news
Hubei Yihua Chemical Industry Co.Ltd(000422) : subsidiary Yihua fertilizer industry increased capital to Bangpu Yihua
Zhejiang Wanliyang Co.Ltd(002434) : intends to acquire 51% shares of Zhejiang Wanliyang Co.Ltd(002434) energy company
Shanghai Nar Industrial Co.Ltd(002825) : subsidiary plans to build a high-performance and environment-friendly ink production and R & D base
New Hua Du Supercenter Co.Ltd(002264) : all assets and liabilities of the retail business segment to be sold
Hefei Gocom Information Technology Co.Ltd(688367) : signed a strategic cooperation framework agreement with Shanghai Datun Energy Resources Co.Ltd(600508)
Guangdong Wanlima Industry Co.Ltd(300591) : pre won the bid for China Mobile’s centralized procurement project of logo clothing products from 2021 to 2024
China State Construction Engineering Corporation Limited(601668) : recently obtained major projects totaling 34.57 billion yuan
Ping An Insurance (Group) Company Of China Ltd(601318) : spent 22.5026 million yuan to buy back 455200 shares
Zhongshan Public Utilities Group Co.Ltd(000685) : the shareholder Fosun Group plans to reduce its holdings of no more than 6% of the company’s shares
St Furen: shareholders Jincheng Yuyao and Dongtu Taiyao plan to reduce their total holdings of no more than 3% of the company’s shares
St Guangyi: resignation of directors and independent directors
Shanghai Pudong Development Bank Co.Ltd(600000) : Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) the reply to the bank deposit confirmation letter received is not issued by our bank
Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) : has not received any pledge procedure supporting materials
data list
provided by Shanghai Pudong Development Bank Co.Ltd(600000) Nantong Branch
Shanghai and Shenzhen Stock Markets: on November 24, the two markets were weak and volatile. The Shanghai index once stood at 3600 points, and the performance of the gem was relatively weak. As of the close, the Shanghai index rose 0.1%, the Shenzhen composite index fell 0.12% and the gem index fell 0.4%. The concept of Yuan universe rose sharply, Avit.Ltd(300264) , Wuhan Golden Laser Co.Ltd(300220) , Anhui Tatfook Technology Co.Ltd(300134) and other 20% limit, textile and clothing, coal, wine making, baby and child concept, rare earth permanent magnet, secondary new shares and other sectors rose, while shipbuilding, energy storage, seed industry and environmental protection LED the decline. Individual stocks rose and fell by nearly half, and nearly 100 stocks rose by 10% or more. The turnover of China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) , Wuliangye Yibin Co.Ltd(000858) , Kweichow Moutai Co.Ltd(600519) exceeded 10 billion yuan.
Hong Kong stocks: Hong Kong stocks ended their fifth consecutive decline, and the Hang Seng Index closed up slightly by 0.14%. Power stocks, gas stocks and pharmaceutical outsourcing concept stocks performed strongly, while Evergrande concept stocks, gold stocks and technology network stocks performed weakly.
Shanghai, Shenzhen and Hong Kong stock connect: on November 24, north capital bought a net 2.37 billion yuan, including 51 million yuan for Shanghai Stock connect and 2.319 billion yuan for Shenzhen Stock connect. Among the top ten traded stocks, Wuliangye Yibin Co.Ltd(000858) , Kweichow Moutai Co.Ltd(600519) , Luzhou Laojiao Co.Ltd(000568) purchases ranked among the top three, with net purchases of 1.261 billion yuan, 1.016 billion yuan and 507 million yuan respectively. The net sales of Inner Mongolia Yili Industrial Group Co.Ltd(600887) , Wuxi Apptec Co.Ltd(603259) , Contemporary Amperex Technology Co.Limited(300750) ranked among the top three, with net sales of 597 million yuan, 295 million yuan and 215 million yuan respectively.
dragon and tiger list: on November 24, among the stocks on the list, Haili wind power had the largest net capital inflow, amounting to 319 million yuan. Data show that the stock was first listed within the day and closed up 175.31%. Specifically, Guotai Junan Securities Co.Ltd(601211) Shenzhen Hongli West Road Net purchased 186 million yuan. A total of 23 stocks were involved in the institutional participation in the dragon and tiger list, of which 14 were net bought by the institution, Shanghai Baolong Automotive Corporation(603197) was the most bought, with a net purchase of 403 million yuan in three days. In addition, 9 shares were net sold by institutions, and Haili wind power was sold the most, amounting to 166 million yuan.
margin trading : as of November 23, the balance of two financial transactions in Shanghai and Shenzhen was 1849.724 billion yuan, an increase of 2.503 billion yuan over the previous trading day. Among them, the financing balance was 1714.861 billion yuan, an increase of 3.687 billion yuan over the previous trading day; The balance of securities lending was 134.863 billion yuan, a decrease of 1.184 billion yuan compared with the previous trading day.
Shibor : Shibor reported 1.7880% overnight, down 39.0 basis points; Seven days Shibor reported 2.2690%, up 9.9 basis points; Three month Shibor reported 2.4820%, up 0.2 basis points.
foreign exchange
On November 24, the central parity rate of RMB against the US dollar rose 26 basis points to 6.3903, compared with 6.3929 in the previous trading day. The onshore RMB closed at 6.3877 against the US dollar, down 32 basis points from the previous trading day.
property market observation
first finance and Economics: Chengdu will release a friendly signal to real estate enterprises, take the lead in relaxing the regulatory restrictions on pre-sale funds, and coordinate financial institutions to take favorable measures to extend development loans and reduce interest rates to key enterprises. It is reported that Chengdu will relax the regulatory restrictions on pre-sale funds of real estate projects. If the credit rating of real estate enterprises is class A or above, foreign bank guarantee can be used to replace the corresponding downward regulatory limit. At the three-quarters completion of the main structure of the project and the two nodes of capping the main structure, the upper limit of the withdrawal proportion of pre-sale funds within the regulatory limit will be increased by 5% respectively; After the completion acceptance of the project is filed, the withdrawal proportion of pre-sale funds within the regulatory limit can reach 95%.
finance and economics of China Central Television: according to the relevant policies of Beijing, waiting families with two or more children can give priority to renting public rental houses, just like waiting families with minimum living security and family members with severe disability or serious illness. At present, there are more than 2500 families with two or three children waiting for public rental housing in Beijing. In this round of public rental housing allocation, Beijing provides more than 7000 houses, which can basically meet all waiting families with two or more children.
China Central Television finance and Economics: previously, with the tightening of Shanghai’s property market policies, the mortgage interest rate was raised, the audit was stricter, and the cycle was longer. The approval cycle was once as long as five or six months. Recently, the bank lending cycle in Shanghai has been significantly shortened. The reporter consulted the bank staff. A housing loan specialist said that the recent housing loan audit is still very strict, but the lending speed has indeed accelerated after October, and the cycle has been shortened from more than four months to more than two months now.
international information
interface news: Indonesian President Joko Widodo said on Wednesday that Indonesia may stop tin exports in 2024. In addition, he reiterated that the Indonesian government may stop exporting bauxite in 2022 and copper in 2023. Indonesia’s move is intended to attract investment into its resource processing industry.
Economic Daily: the Seoul municipal government of South Korea recently released the five-year plan of yuancosmic Seoul, announcing that from next year, it will build a yuancosmic administrative service ecology in all business fields of the municipal government, such as economy, culture, tourism, education, letters and visits. The “meta universe Seoul” plan is divided into three stages: “start (2022)” “expansion (2023-2024)” and “completion (2025-2026)”. Next year, the platform will be built through the first stage of work, and services in seven major fields such as economy, education and tourism will be introduced. The total investment is planned to be 3.9 billion won.
Securities Times: data released by the world iron and Steel Association: in October 2021, the crude steel output of 64 countries included in the statistics of the world iron and Steel Association was 145.7 million tons, a year-on-year decrease of 10.6%.
futures market
China Futures: China commodity futures closed, with most varieties rising. Black led the market, with coking coal up more than 12%, iron ore and Lu up more than 5%, crude oil and urea up more than 4%, Zheng coal and hot coil up more than 3%, PVC and staple fiber up more than 2%, Shanghai nickel and glass up more than 1%, eg and soybean meal up slightly; Shanghai silver fell about 3%, jujube and Shanghai gold fell more than 1%, and starch and corn fell slightly.
International Futures: the December gold futures price, the most actively traded in the gold futures market of the New York Mercantile Exchange, rose US $0.5 or 0.03% to close at US $1784.3 per ounce on the 24th. Oil prices in New York fell on the 24th. The price of New York light crude oil futures for delivery in January 2022 fell by US $0.11 to close at US $78.39 per barrel.
overseas index
Asia Pacific stocks: the Nikkei 225 index closed down 475.61 points, or 1.6%, at 29298.5. South Korea’s Kospi index closed down 3.04 points, or 0.1%, at 2994.29.
European stock market: London stock market, the financial times 100 stock average price index 24 closed at 7286.32, up 19.63 points or 0.27% from the previous trading day. France Paris Stock Market CAC40 index closed at 7042.23, down 2.39 points or 0.03% from the previous trading day; Germany’s Frankfurt DAX index closed at 15878.39, down 58.61 points or 0.37% from the previous trading day.
U.S. stock market: the three major U.S. stock indexes closed mixed, with the Dow down 0.03%, the S & P 500 up 0.23% and the NASDAQ up 0.44%.
