daily collection
Securities Times: Fang Xinghai, vice chairman of the CSRC, said at the 2021 China Singapore (Chongqing) strategic connectivity demonstration project financial summit that the CSRC is studying and formulating policies and measures for the capital market to support the goal of carbon peak and carbon neutralization, increasing financing support for green and low-carbon enterprises, and studying and improving the environmental information disclosure system of listed companies, Guide market players to establish the concept of green investment and actively participate in the work related to sustainable finance of the International Securities Regulatory Commission (IOSCO). We are willing to continue to strengthen exchanges and cooperation with Singapore and ASEAN countries in sustainable finance and jointly promote the formulation and improvement of relevant international standards.
interface news: at the regular policy briefing of the State Council held by the Information Office of the State Council, Zou LAN, director of the financial market department of the people’s Bank of China, said to increase financial support for scientific and technological innovation and manufacturing industry, and promote banking financial institutions to list the scale of loans for scientific and technological innovation and technological transformation of manufacturing industry, We will implement preferential internal capital transfer prices, appropriately improve risk tolerance, and increase medium – and long-term loans for manufacturing.
Chinese government website: the State Council agrees in principle to the high-quality development plan of foreign trade in the 14th five year plan. The implementation of the plan should be guided by Xi Jinping the thought of socialism with Chinese characteristics in the new era, deeply implement the spirit of the 19th National Congress of the CPC and the second, third, fourth and fifth plenary sessions of the 19th Central Committee, earnestly implement the decisions and arrangements of the CPC Central Committee and the State Council, adhere to the general tone of seeking progress while maintaining stability, based on the new development stage, fully, accurately and comprehensively implement the new development concept and build a new development pattern, With deepening supply side structural reform as the main line, promoting high-quality trade development as the theme, and trade innovation and development as the driving force, we will coordinate trade development and security, promote high-level opening to the outside world, accelerate the cultivation of new advantages in participating in international economic cooperation and competition, and create a new situation of international trade that is open, cooperative, inclusive and win-win.
China Central Television Network: from 22 to 23, Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, inspected Shanghai. When inspecting Shanghai Waigaoqiao Free Trade Zone Group Co.Ltd(600648) No. 3 power generation company, Li Keqiang said that electricity is the driving force of economic operation, and measures should be taken to do everything possible to ensure people’s livelihood and the normal production and use of electricity by enterprises. Power generation enterprises should fulfill their social responsibilities and make more efforts on the premise of safe production. Governments at all levels should further strengthen their support, including implementing the national policies on tax relief for coal and power enterprises, doing a good job in coordination and dispatching, ensuring the stable supply of electricity and coal, solving the problem of power shortage in some places, and preventing new phenomena of “power limitation and shutdown”.
macroeconomic
financial Associated Press: Xu Xiaolan, Vice Minister of industry and information technology, said on the 23rd that next year, we will continue to strengthen the cultivation of “specialized and special new” small and medium-sized enterprises, further improve the innovative small and medium-sized enterprises, “specialized and special new” small and medium-sized enterprises and “small giant” enterprises, and strengthen service and support, Guide and promote the majority of small and medium-sized enterprises to take the development path of “specialization and innovation”, cultivate more “specialization and innovation” small and medium-sized enterprises and “little giant” enterprises, and play a greater role in improving the stability and competitiveness of the industrial chain supply chain and building a new development pattern of double circulation.
Securities Times: according to the monitoring of the national development and Reform Commission, the national average pig grain price ratio was 6.69:1 in the week from November 15 to 19, which was above 6:1 for more than three consecutive weeks. In accordance with the provisions of the plan for improving the regulation mechanism of government pork reserves and ensuring supply and price stability in the pork market jointly issued by the national development and Reform Commission, the Ministry of finance, the Ministry of agriculture and rural areas, the Ministry of Commerce, the State Administration of market supervision and other departments, withdraw from the early warning range of excessive decline in pig grain price. At present, the overall production capacity of pigs is at a relatively reasonable level and the market supply is sufficient. It is recommended that farms (households) reasonably arrange production and operation decisions and maintain the normal pace of column filling.
Shanghai Securities News: on November 23, the general office of Hainan provincial government issued the “14th five year plan” for the development of Hainan’s financial industry. It is pointed out that the digital RMB pilot will be carried out throughout the island, explore the digital RMB application scenarios with the characteristics of Hainan free trade port, and create a digital RMB ecosystem. Steadily explore and carry out offshore financial business, and gradually cultivate the offshore RMB market of Hainan free trade port. Accelerate the construction of Hainan international clearing house and international intellectual property exchange according to law and regulations, and standardize and explore the securitization of intellectual property rights. Promote the international development of trading places such as international energy, shipping, property rights, equity and bulk commodities.
According to the data of the Ministry of finance, 876.1 billion yuan of local government bonds were issued in October 2021. Of this total, 232 billion yuan of general bonds and 644.1 billion yuan of special bonds were issued; According to purposes, 614.5 billion yuan of new bonds and 261.6 billion yuan of refinancing bonds were issued. By the end of October 2021, the national local government debt balance was 296549 billion yuan, controlled within the limit approved by the National People’s Congress. Among them, general debt is 13754.9 billion yuan and special debt is 15900 billion yuan; Government bonds amounted to 29480.2 billion yuan, and the stock of government debt in the form of non-government bonds amounted to 174.7 billion yuan.
industry dynamics
China Central Television finance and Economics: since this year, the price of wool chicken of white feather broiler has remained low, falling to less than 3 yuan per kilogram. Due to the rise of Shenzhen Agricultural Products Group Co.Ltd(000061) prices, feed prices have risen sharply this year, with an increase of more than 35%. A chicken farmer in Linzhang County, Hebei Province told reporters that at present, the breeding cost of white feather broiler is 3.9 yuan per kilogram, the purchase price of slaughterhouse is only 3.2 yuan per kilogram, and a chicken can lose about two yuan. In 2020, the price of pork will rise, chicken will become a substitute, and the price will also rise, but the range is not large. The price recovery has made the current stock of white feather broilers reach 6 billion, an increase of 24% over 2019. However, with the decline of pork price, the price of broilers is also falling, and the demand is gradually declining, resulting in losses for farmers.
first finance and Economics: according to the data of the passenger Federation, the operating revenue of the national automobile manufacturing industry in the first three quarters was 6167.9 billion yuan, a year-on-year increase of 11.3%; The total profit was 379.97 billion yuan, a slight increase of 1.2%; Revenue margin 6.2%. Among them, the revenue of 17 key auto enterprises (groups) was 2290.271 billion yuan, an increase of 5.6%; The profit was 225.069 billion yuan, an increase of 1.8%. The revenue growth rate of key auto enterprises (groups) is lower than that of national industries, and the profit growth rate is slightly higher than that of national industries.
financial Associated Press: according to the data of China Academy of communications, the shipment of mobile phones in China in October was 33.6 million, a year-on-year increase of 28.4%, including 26.59 million 5g mobile phones, a year-on-year increase of 58.7%.
China Securities News: the plate and strip production and sales data of key statistical enterprises in October 2021 released by China Iron and Steel Association on November 23 show that in October, the output of medium and heavy plate mills and hot tandem mills continued to decline year-on-year, and the decline was expanded. In October, the production of extra thick plate was 580000 tons, a year-on-year decrease of 270000 tons, a decrease of 31.8%. In October, 4.21 million tons of medium and heavy plates were produced, a year-on-year decrease of 940000 tons, a decrease of 18.3%.
stock market focus
financial Associated Press: Fang Xinghai, vice chairman of the CSRC, said that foreign capital highly pays attention to and recognizes China’s continuously open capital market and maintains the general trend of steady inflow into the A-share market. From January to October 2021, foreign investors accumulated a net inflow of about 240.976 billion yuan through QFII, Shanghai and Shenzhen Stock connect and other channels. By the end of October 2021, the circulation market value of A-Shares held by foreign investors was 3.67 trillion yuan, accounting for about 4.97%.
Securities Times: recently, the Ministry of industry and information technology and the State Administration of Market Supervision issued a notice on printing and distributing the motor energy efficiency improvement plan (2021-2023). The notice also repeatedly mentioned the need to strengthen the development of permanent magnet motors, such as promoting the green level of light rare earth permanent magnet materials, accelerating the breakthrough in the optimal control technology of permanent magnet motor efficiency, promoting frequency conversion and speed regulation permanent magnet motors with level 2 energy efficiency and above, and encouraging the use of low-speed direct drive and high-speed direct drive permanent magnet motors. According to data treasure statistics, there are 25 listed companies with rare earth permanent magnets in the A-share market. Rare earth permanent magnet concept stocks have started a round of rising market since July this year. Rare earth materials gradually returned to rationality and began to callback. They have started to rise sharply again since October. The cumulative increase of concept stocks is 24.74%, 87.39% since Sinomag Technology Co.Ltd(300835) October, and the cumulative increase of Tdg Holding Co.Ltd(600330) and Earth-Panda Advanced Magnetic Material Co.Ltd(688077) is more than 60%.
Securities Times Network: China Industrial Securities Co.Ltd(601377) pointed out that the cross year market has started, and it will be a resonant index market; Pay attention to securities companies as the carrier of market interpretation; In addition to securities companies, the cross year market focuses on three main investment lines: 1) undervalued sectors represented by insurance and real estate infrastructure; 2) Machinery and equipment, electrical equipment, textiles, furniture and other sectors that are expected to benefit from the easing of Sino US economic and trade relations; 3) In the whole cross year market, science and technology innovation is still the main theme.
China Fund News: the popular equity ETF has broken through the 1 trillion mark this year. According to the data, as of November 22, the net value was updated. There were 542 equity ETFs in the whole market, with a total management scale of 1000.367 billion yuan. This year, it officially broke through the trillion mark and became a milestone in the equity ETF market.
Securities Times: Midea Group Co.Ltd(000333) announced that the company plans to fully acquire and privatize the equity of KUKA Aktiengesellschaft, a company listed on the Frankfurt exchange of Germany controlled by the company through a wholly-owned subsidiary. After the acquisition, KUKA will become an overseas subsidiary wholly controlled by the company and delisted from Frankfurt Stock Exchange. This acquisition will help KUKA focus on business operation and improve the company’s internal resource coordination and sharing in Siasun Robot&Automation Co.Ltd(300024) and automation related business areas.
subscription of new shares: none
new debt subscription: none
IPO: Haili wind power, Yoshioka precision
listing of new bonds: Jinji convertible bonds, Zhongda convertible bonds
corporate news
Haima Automobile Co.Ltd(000572) : the construction of the integrated experimental unit for water hydrogen production and high pressure hydrogenation of the company has been completed
Midea Group Co.Ltd(000333) : plans to fully acquire the equity of KUKA and privatize it
Longi Green Energy Technology Co.Ltd(601012) : signed a 7.041 billion yuan silicon wafer sales framework contract with Yixin energy
Anhui Tatfook Technology Co.Ltd(300134) : “meta universe” is highly consistent with the business accumulated by the company for many years
Eastroc Beverage (Group) Co.Ltd(605499) : proposed Eastroc Beverage (Group) Co.Ltd(605499) Zhejiang production base project
China Securities Co.Ltd(601066) : the issuance of perpetual subordinated corporate bonds of no more than 10 billion yuan was approved by the CSRC
Hangzhou Haoyue Personal Care Co.Ltd(605009) : subsidiary’s futures business is fully closed, with a cumulative loss of 45.83 million yuan in 2021
China National Chemical Engineering Co.Ltd(601117) : increased capital by 7.8 billion yuan to 7 subsidiaries
Anhui Landun Photoelectron Co.Ltd(300862) : won the bid for the operation and maintenance project of urban ambient air automatic monitoring station
Sinopec Oilfield Service Corporation(600871) : the wholly-owned subsidiary won the bid for the US $357 million project
Guangdong Tonze Electric Co.Ltd(002759) : the two shareholders plan to reduce their shares by no more than 5.97% in total
* ST lion: terminate the planning of major asset restructuring
Anyang Iron & Steel Inc(600569) : the overall plan for mixed ownership reform of Angang Group was reviewed by the board of directors
data list
Shanghai and Shenzhen Stock Markets: on November 23, the two markets were weak and volatile, and the trend of the Shanghai index was relatively strong, once approaching 3600 points. As of the close, the Shanghai index rose 0.2%, the Shenzhen composite index fell 0.37% and the gem index fell 0.37%. In terms of sectors, cyclical stocks performed well, with steel, engineering machinery and coal leading the gains, while gas supply, heating and agriculture leading the declines. In terms of concept stocks, e-cigarettes rose sharply throughout the day, Huabao Flavours & Fragrances Co.Ltd(300741) 20% limit, Shenzhen Aisidi Co.Ltd(002416) , Shantou Dongfeng Printing Co.Ltd(601515) , Shenzhen Jinjia Group Co.Ltd(002191) and other limits. Cultivation of diamonds, digital currency, Yuan universe, etc. led the increase. There were slightly more gainers than losers in the two cities. China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) open high and go low, with a turnover of more than 10 billion yuan. More than 70 stocks in the two cities rose by 10% or more.
Hong Kong stocks: the Hang Seng Index closed down 1.2%, recording five consecutive declines, and the Hang Seng technology index fell 1.36%. Evergrande was strong throughout the day, with Evergrande’s network up more than 25%, Evergrande automobile up more than 14%, Evergrande property up more than 8%, and China Evergrande up more than 6%. Real estate stocks led the gains, with R & F real estate up more than 6%, Yajule group and China Times Holdings up more than 5%. Most technology stocks fell, with Alibaba, meituan, Tencent and Baidu down more than 2%.
Shanghai, Shenzhen and Hong Kong stock connect: on November 23, northbound funds bought a net 5.223 billion yuan, of which Shanghai Stock connect sold a net 2.597 billion yuan and Shenzhen Stock connect bought a net 2.626 billion yuan. Among the top ten traded stocks, Contemporary Amperex Technology Co.Limited(300750) , Kweichow Moutai Co.Ltd(600519) , Guangzhou Tinci Materials Technology Co.Ltd(002709) were among the top three, with net purchases of 1.057 billion yuan, 991 million yuan and 369 million yuan respectively. The net sales of Inner Mongolia Yili Industrial Group Co.Ltd(600887) , Inner Mongolia Baotou Steel Union Co.Ltd(600010) , Eve Energy Co.Ltd(300014) ranked among the top three, with net sales of 672 million yuan, 452 million yuan and 273 million yuan respectively.
dragon and tiger list: on November 23, among the stocks on the list, the largest net capital inflow was Hengdian Group Dmegc Magnetics Co.Ltd(002056) , which was 313 million yuan. Data show that the stock closed within the daily limit, and the share price hit another record high. Specifically, Changjiang Securities Company Limited(000783) Shanghai Weihai Road Net bought 162 million yuan. A total of 25 stocks were involved in the institutional participation in the dragon and tiger list, of which 13 were net bought by the institution and Ja Solar Technology Co.Ltd(002459) was the most bought by the institution, amounting to 189 million yuan. In addition, 12 shares were net sold by institutions, Hangzhou Star Shuaier Electric Appliance Co.Ltd(002860) was the most sold, with a net sales of 108 million yuan in three days.
margin trading : as of November 22, the balance of two financial transactions in Shanghai and Shenzhen was 1847.221 billion yuan, an increase of 11.129 billion yuan over the previous trading day. Among them, the financing balance was 171.174 billion yuan, an increase of 10.831 billion yuan over the previous trading day; The balance of securities lending was 136.047 billion yuan, an increase of 298 million yuan over the previous trading day.
Shibor : Shibor reported 2.1780% overnight, up 23.2 basis points; Shibor reported 2.1700% in 7 days, up 6.1 basis points; Three month Shibor reported 2.4800%, up 0.3 basis points.
foreign exchange
On November 23, the central parity of RMB was reported at 6.3929, up 23 points, and the central parity of the previous trading day was reported at 6.3952. The onshore RMB closed at 6.3845 against the US dollar, down 86 points from the previous trading day.
property market observation
Securities Times: the Information Office of Shanghai municipal government held a press conference on November 23. It is reported that during the “14th five year plan” period, it is planned to build and raise more than 470000 sets (rooms) of affordable rental housing, reaching more than 40% of the total supply of new housing in the same period; By the end of the 14th five year plan, the city will build and raise more than 600000 sets (rooms) of affordable rental housing, of which about 400000 sets (rooms) will form a supply, which will alleviate the housing difficulties of new citizens and young people to a great extent. According to the overall arrangement of doing more and faster this year and next, it is planned to build and raise 240000 sets (rooms) of affordable rental housing from 2021 to 2022, completing more than half of the total target of the 14th five year plan.
interface news: the three departments of Xining city recently jointly issued the notice on issues related to the prohibition of speculation in “School District Housing”, which clearly requires that all real estate brokerage agencies shall not list second-hand housing in the name of “School District Housing” in website media and business places (stores), and shall not release housing information related to the concept of “school district” and “degree”. The city’s real estate brokerage agencies and network platforms should carefully sort out the housing information released, and remove all the housing involving the concept of “School District Housing” in all stores and relevant website media before November 30.
international information
financial Associated Press: the White House announced that the United States will release 50 million barrels of strategic oil reserve (SPR). US President Biden will work with other countries to release strategic oil reserves; Other countries include India, Japan, South Korea and the United Kingdom. Biden said he was prepared to take additional action on oil prices if necessary.
China CCTV news: , local time on November 22nd, Secretary of state Blinken said in a statement that the United States further implemented sanctions related to the “North stream -2” gas pipeline project, which targets the Transadria limited companies and their ships that are related to Russia. According to the protection of European Energy Security Act related to “beixi-2”, transadria Co., Ltd. will be subject to sanctions, and its 17 ships are identified as blocked property.
futures market
China Futures: China commodity futures closed with mixed gains and losses. The black system led the market, with iron ore up nearly 8%, ferrosilicon and manganese silicon up about 5%, Shanghai zinc and Shanghai nickel up more than 3%, Zheng alcohol and coking coal up more than 2%, soybean meal and SS up more than 1%, and Shanghai copper and international copper rose slightly; LPG fell by more than 5%, Huyin and palm fell by more than 3%, jujube and EB fell by more than 2%, Douyi and soybean oil fell by more than 1%, and pigs and PTA fell slightly.
International Futures: oil prices in New York rose on the 23rd. The price of New York light crude oil futures for delivery in January 2022 rose $1.75 to close at $78.50 a barrel. The December gold futures price, the most actively traded in the gold futures market of the New York Mercantile Exchange, fell $22.5 on the 23rd, or 1.25%, to close at $1783.8 an ounce.
overseas index
Asia Pacific Stock Market: South Korea Kospi index closed down 15.92 points, or 0.53%, at 2997.33.
European stock market: the financial times 100 stock average price index 23 of London stock market closed at 7266.69, up 11.23 points or 0.16% from the previous trading day. France Paris Stock Market CAC40 index closed at 7044.62, down 60.38 points or 0.85% from the previous trading day; Germany’s Frankfurt DAX index closed at 15937.00, down 178.69 points or 1.11% from the previous trading day.
U.S. stock market: the three major U.S. stock indexes closed mixed, with the Dow up 0.54%, the S & P 500 up 0.17% and the NASDAQ down 0.5%.
