daily collection
financial Associated Press: the Political Bureau of the CPC Central Committee held a meeting on November 18. The meeting stressed that we must adhere to giving priority to political security and do a good job in national security in key areas, key regions and key directions such as political security, economic security, social security, scientific and technological security and new field security. We should firmly safeguard the security of state power, system and ideology, strictly prevent and resolutely crack down on all kinds of infiltration, subversion and sabotage activities. We should enhance industrial resilience and impact resistance, build a secure bottom line against systemic financial risks, ensure food security, energy and mineral security, and important infrastructure security, and strengthen the security protection of overseas interests.
CCTV news client: at the regular press conference held by the Ministry of Commerce, the media asked what new progress will be made in the economic and trade fields of the two countries after the first video meeting between China and the United States dollar? Spokesman Shu Jue Ting said that the successful video meeting between Xi Jinping president and President Biden pointed out the direction for the development of China US relations and set the tone for China US economic and trade communication. Next, the economic and trade team will earnestly implement it.
This is not the only one that can be said clearly. One thing is that although the yuan universe seems to have vast space and many possibilities, it is still a new thing that has not yet been formed, people’s Daily: ‘s “people’s Daily commentary” WeChat official account for the yuan universe topic. Everyone still needs to rationally look at the current meta cosmic boom and be wary of any flicker in the name of science and technology and the future.
central bank: the national foreign exchange market self-discipline mechanism held its eighth working meeting this week, deliberated and adopted the guidelines for China’s foreign exchange market (Revised Draft) and the proposal on the concept of exchange rate risk neutrality, and member institutions exchanged information on work related to risk neutrality. The meeting stressed that financial institutions should strengthen their own risk management of foreign exchange business, neither help enterprises “speculate in foreign exchange”, nor “speculate in foreign exchange”, consolidate the institutional foundation and jointly build a professional and standardized foreign exchange market. The national foreign exchange market self-discipline mechanism continues to play a good role in self-discipline monitoring, evaluation and self-discipline management, and advocates member institutions to regulate proprietary trading and maintain the smooth operation of the foreign exchange market.
macroeconomic
interface news: at the inaugural meeting of the global low carbon metallurgical innovation alliance held on November 18, he Wenbo, executive president of China Iron and Steel Industry Association, said that the formulation of the carbon peak implementation plan and the carbon neutralization technology roadmap of China’s iron and steel industry have been basically completed, which will be announced to the public in the near future and will be fully implemented.
State Administration of market supervision: the antitrust Commission of the State Council issued antitrust guidelines in the field of APIs. It is mentioned that the determination of whether the API operator has a dominant position in the relevant market should be analyzed according to the factors and circumstances that determine or presume that the operator has a dominant position in the market in accordance with the relevant provisions of the anti monopoly law.
first finance and Economics: the Ministry of transport issued the “14th five year plan” for the development of comprehensive transportation services, which proposed to improve the level of green travel equipment, promote the large-scale application of new energy vehicles, accelerate the construction of charging infrastructure and carry out the “endurance project” of green travel. During the 14th Five Year Plan period, we will focus on creating about 100 green travel cities, guide public travel, give priority to green travel modes such as public transport, walking and cycling, and constantly improve the level of urban green travel. By 2025, strive to create more than 60% of cities with 70% green travel and no less than 80% green travel service satisfaction rate.
CCTV news client: in order to give full play to the signal role of TOU price, better guide users to adjust power load, improve power use efficiency and serve the construction of new power system with new energy as the main body, Tianjin Development and Reform Commission recently issued the notice on matters related to peak valley TOU price policy (Draft for comments), Solicit opinions from the public. The notice stipulates that the floating proportion of electricity price in peak and valley periods of industrial and commercial industry in Tianjin is adjusted to 4:1, that is, the peak electricity price rises by 60% on the basis of the normal electricity price, the low electricity price falls by 60% on the basis of the normal electricity price, and the peak electricity price rises by 20% on the basis of the peak electricity price. The time-sharing price difference between peak and valley of agricultural electricity and the peak and valley price policy of residential coal to electric heating will not be adjusted temporarily.
industry dynamics
Beijing Daily: Liu Yuhui, director of Beijing Municipal Education Commission, introduced that Beijing has steadily promoted the reduction and transformation of after-school training institutions, and the number of institutions has been significantly reduced. Before the governance, there were 1428 off-line discipline after-school training institutions in Beijing, which had been reduced to 545 by November 15, with a reduction rate of 61.8%.
Securities Times Network: on November 18, the first expressway hydrogenation station in China was officially completed and put into operation in the Zibo service area of Shandong Hi-Speed Company Limited(600350) group. The hydrogenation station is jointly built by Shandong Hi-Speed Company Limited(600350) service development group and China Petroleum & Chemical Corporation(600028) Shandong Petroleum Branch. It covers a total area of 1640 square meters. It has two double gun hydrogenation machines with a design filling scale of 500 kg / 12 hours. It can provide high-quality hydrogenation services to Expressway vehicles.
Securities Times: on November 18, the Rizhao Puyang Luoyang crude oil pipeline, a key national oil and gas infrastructure project, was successfully put into operation. This is another important measure of the national pipe network group to ensure national energy security and stabilize the “rice bowl” of energy. It is also the first ten million ton oil pipeline put into operation during the 14th Five Year Plan period. It is of great significance to improve the energy supply structure in central and eastern China, especially in Henan Province.
interface news: from November 1 to 16, national energy group completed 27.481 million tons of self-produced coal, an increase of 2.641 million tons year-on-year, an increase of 10.6%; The power generation completed 46.44 billion kwh, a year-on-year increase of 15.95%, of which the northeast region completed 3.74 billion kwh, a year-on-year increase of 15%. The inventory of power plants in Northeast China of national energy group was 3.364 million tons, an increase of 157000 tons compared with the end of last month. Among them, Heilongjiang company can use 26.6 days, Jilin company can use 25.5 days and Liaoning company can use 32.8 days.
stock market focus
financial Associated Press: in the day of Hua Xia Bank Co.Limited(600015) on 18, the stock price hovered at a low level for several months, suddenly pulled up, approached the limit, and quickly fell back. Only a long shadow line is left on the K-line map. All of a sudden, Hua Xia Bank Co.Limited(600015) share price soared, and there are different opinions in the market. Some investors insisted that it was not the Oolong index, because the 50000 hand hanging order was still within a reasonable range relative to the opening price of 5.53 yuan, close to the daily limit of 6.08 yuan, and there was almost no trading volume; There are also other investors who firmly doubt that it is an “Oolong index” and point to Shaanxi Heimao Coking Co.Ltd(601015) (601015) which is only one digit away from the Hua Xia Bank Co.Limited(600015) (600015) code.
Securities Times website: Guosheng Securities believes that the current macro situation is at the end of “quasi stagflation” and “credit and economy”. The next half year is an important window for steady growth. At the beginning of next year, with the support of financial front and steady growth, it is highly likely to see the credit conditions change from stable to wide. Since September, the inertia of economic downturn and the superposition of recent multiple factors have strengthened the expectation of recession. The reversal of pessimistic expectations ultimately depends on the confrontation between economic inertia and supporting policies. Although the actual situation is relatively complex, with the confirmation of the credit inflection point and the fiscal force in the cross-year stage, after the disturbance factors ease, the market pessimistic expectations are expected to reverse at the end of the year. Under the trend of currency and credit stability, the market value has entered the allocation range.
Citic Securities Company Limited(600030) research: the tight supply of lithium may not be alleviated in 2022. It is expected that the lithium price will maintain an upward trend, and the plate configuration logic will shift from “price increase” to “performance”. Thanks to the rise of lithium price center, the performance of lithium company in 2022 is expected to increase significantly year-on-year, bringing significant valuation advantages. Focus on companies with high self-sufficiency rate of lithium ore and continuous implementation of lithium resource layout. Ganfeng Lithium Co.Ltd(002460) , Chengxin Lithium Group Co.Ltd(002240) and Qinghai Salt Lake Industry Co.Ltd(000792) are recommended. It is recommended to pay attention to Yongxing Special Materials Technology Co.Ltd(002756) .
first finance and Economics: Haitong Securities Company Limited(600837) pointed out that from the perspective of the recent market, the market maintains the game pattern of stock funds. Although the trading volume for 20 consecutive trading days remains above trillion, the volume of more than trillion is obviously not enough to provide the driving force to promote the rise of the index. The hot plates in the market change frequently and the sustainability is weak. It is suggested to pay close attention to the changes in policies and funds. It is expected that the short-term stock index will still maintain the pattern of shock consolidation between the annual line and the semi annual line; Gem short-term weakness, there is a need for further adjustment. It is suggested that investors should focus on wait-and-see operation in the near future, strictly control their positions and wait for the market to make a new direction choice. In the middle line, the undervalued sectors such as food and beverage and securities companies can be appropriately arranged.
subscription of new shares: none
new debt subscription: none
IPO: Ouma software
listing of new bonds: Nippon convertible bonds
corporate news
Sanquan Food Co.Ltd(002216) : raise the prices of some quick-frozen rice flour products and quick-frozen surimi products
Wuxi Shangji Automation Co.Ltd(603185) : signed a procurement contract for polysilicon materials and granular silicon of RMB 26227.5 billion
Jiangyin Jianghua Microelectronics Materials Co.Ltd(603078) : it is proposed to raise no more than 700 million yuan and introduce state-owned shareholders as controlling shareholders
Anhui Greatwall Military Industry Co.Ltd(601606) : the actual controller is proposed to be changed to SASAC of the State Council
Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) : the production and sales of “iron phosphate and lithium iron phosphate” are proposed to be added to the business scope
Dazhong Transportation (Group) Co.Ltd(600611) : it is proposed to invest 120 million yuan in private equity fund to invest in Qianxun location network
Citychamp Dartong Co.Ltd(600067) : terminate the spin off of Datong new materials
Ningbo Xusheng Auto Technology Co.Ltd(603305) : it is proposed to invest 2.5 billion yuan in the construction of automobile mould and core parts project
Ningbo Yunsheng Co.Ltd(600366) : the prices of the main raw materials used by the company continued to rise
China State Construction Engineering Corporation Limited(601668) : from January to October, the total amount of new contracts signed by the company was 2660.4 billion yuan, a year-on-year increase of 7.5%
Yunda Holding Co.Ltd(002120) : in October, the express service revenue was 3.719 billion yuan, with a year-on-year increase of 20%
Sai Microelectronics Inc(300456) : the actual controller intends to transfer 5.07% of the shares to China Thailand asset management
Guangdong No.2 Hydropower Engineering Company Ltd(002060) : it is proposed to invest 4.15 billion yuan in the integrated energy management project of source, network, load and storage
data list
Shanghai and Shenzhen Stock Markets: the three major stock indexes of A-Shares opened low and walked low. They basically fluctuated at a low level all day. Individual stocks fell more or rose less, and more than 3100 individual stocks in the two markets fell. As of the close, the Shanghai index fell 0.47%, the Shenzhen composite index fell 0.9% and the gem index fell 1.09%. On the disk, aviation, warehousing and logistics, nonferrous metals, coal, steel, ships, electricity and other sectors led the increase, while the Internet, hotel catering, medical care, media and entertainment, advertising packaging, household appliances, culture, education and leisure and other sectors led the decline. Salt lake lithium, photovoltaic, lithium battery, new energy vehicles, wind energy and other concepts continued to strengthen, while cloud games and meta universe concepts fell.
Hong Kong stocks: Hang Seng Index fell 1.29%, and Hang Seng technology index fell 2.96%. Technology stocks fell across the board, with BiliBili down more than 10%, baidu down more than 7% and Alibaba down more than 5%. Education, Internet, medical care, real estate and other sectors fell, and real estate company Xiangsheng group fell 53%.
Shanghai Shenzhen Hong Kong stock connect: on November 18, the total net outflow of northbound funds was 4.453 billion yuan. Among them, the net outflow of Shanghai Stock connect was 3.319 billion yuan and that of Shenzhen Stock connect was 1.134 billion yuan. Among the top ten traded stocks, the top three net purchases were Goertek Inc(002241) , S.F.Holding Co.Ltd(002352) , Contemporary Amperex Technology Co.Limited(300750) , with net purchases of 497 million yuan, 334 million yuan and 217 million yuan respectively. The top three net sales are Jiangsu Hengrui Medicine Co.Ltd(600276) , Wuliangye Yibin Co.Ltd(000858) , Ping An Insurance (Group) Company Of China Ltd(601318) , with net sales of 436 million yuan, 396 million yuan and 310 million yuan respectively.
dragon tiger list: on November 18, among the stocks on the list, the largest net capital inflow was Ningbo Orient Wires & Cables Co.Ltd(603606) , with a net inflow of 488 million yuan in the three days. Data show that the stock rose 1.2% during the day and 22.45% in the past three days. The stock price reached a new record. Specifically, the Shanghai Stock connect bought 128 million yuan in three days. A total of 25 stocks were involved in the institutional participation list, of which 14 were net bought by the institution, Dajin Heavy Industry Co.Ltd(002487) was the most bought, with a net inflow of 50.7907 million yuan in three days. In addition, 11 shares were sold by institutions, and Changsha Jingjia Microelectronics Co.Ltd(300474) was sold the most, amounting to 57.8334 million yuan.
margin trading : as of November 17, the balance of two financial transactions in Shanghai and Shenzhen was 1837.568 billion yuan, an increase of 3.543 billion yuan over the previous trading day. Among them, the financing balance was 170.647 billion yuan, an increase of 3.993 billion yuan over the previous trading day; The balance of securities lending was 136.921 billion yuan, a decrease of 450 million yuan compared with the previous trading day.
Shibor : Shibor reported 1.9320% overnight, down 22.0 basis points; Seven days Shibor reported 2.1720%, down 1.0 basis points; Three month Shibor reported 2.4730%, up 0.6 basis points.
foreign exchange
The central parity rate of RMB against the US dollar was 6.3803, up 132 points; The median price of the previous trading day was 6.3935. The onshore RMB closed at 6.3809 against the US dollar, up 8 basis points from the previous trading day.
property market observation
Securities Times: the office of Wuxi Municipal government issued the urban housing development plan of Wuxi City during the 14th Five Year Plan period, which proposed that during the 14th Five Year Plan period, the annual fluctuation range of the average transaction price of new houses and second-hand houses should be controlled within a reasonable range, and the increase of house prices should adapt to the growth of residents’ income by 2025; The urban area plans to increase the supply of various types of housing by about 393000 units, including about 350000 new urban commercial housing units, and the urban per capita housing area will be increased to 50.2 square meters.
financial Associated Press: the ranking list of sales target completion rate of typical real estate enterprises released by China real estate network today shows that by the end of October, more than 70% of the 51 real estate enterprises monitored by China real estate network had a sales target completion rate of less than 80%, a new low in the same period of recent four years. According to the incomplete statistics of China real estate network, the number of typical real estate enterprises included in the published sales target of 2021 in this period is 51. Combined with the sales data of real estate enterprises, the average completion rate of sales target of typical real estate enterprises from January to October 2021 is 78.36%.
international information
CCTV news: on the 18th local time, the United Nations Conference on Trade and Development released a review report on shipping, focusing on the impact and recovery of global shipping trade affected by the epidemic. The report points out that the decline of global shipping volume in 2020 is lower than expected, which has laid a foundation for the transformation of global supply chain and a new shipping trade model. Although the covid-19 epidemic disrupted maritime transport, its consequences were not as serious as originally predicted. Last year, the global maritime trade shrank by 3.8%, but there are signs of recovery. It is expected that the global maritime trade will grow by 4.3% in 2021.
Securities Times: at the storage industry trend Summit on November 18, Jibang consulting predicted that the growth of global memory demand mainly depends on smart phones and servers. Among them, the growth rate of memory market in mobile phone field will drop from 12.7% in 2021 to 10.4% in 2022, and the growth rate of server field will also drop to 18.2% next year. Compared with automobile field, the memory market will maintain rapid growth, The growth rate will increase from 30.6% this year to 34.8% next year; In terms of price, the memory price has reversed from the third quarter of this year, and the spot price has fallen below the contract price limit. It is expected to continue the downward trend next year and is expected to stabilize in the second half of this year.
CCTV news client: on the 18th local time, the Central Bank of Turkey held the 11th meeting of this year’s monetary policy committee and announced that it would reduce the policy interest rate by 100 basis points, from 16% to 15%. Previously, the Turkish central bank cut the policy interest rate twice in September and October, a total of 300 basis points. According to the data of the Turkish Bureau of statistics, in September this year, Turkey’s inflation rate approached 20%, the highest since 2019.
futures market
China Futures: China commodity futures closed. Most varieties fell, with iron ore and ferrosilicon falling more than 5%, crude oil falling more than 4%, manganese silicon and asphalt falling more than 3%, Shanghai zinc and SS falling more than 2%, NR and Shanghai copper falling more than 1%, and peanuts and glass falling slightly; Pulp rose by more than 3%, Zheng coal rose by more than 2%, LPG and apple rose by more than 1%, and bean I and rapeseed meal rose slightly.
International Futures: on Thursday, US Eastern time, international oil prices rose. As of the close, December crude oil futures in New York closed up US $0.65, or 0.83%, to US $79.01/barrel; Brent January crude oil futures closed up $0.96, or 1.20%, at $81.24/barrel. The international gold price fell. As of the close, the December gold futures price, the most active trading in the gold futures market of the New York Mercantile Exchange, fell by US $8.8 to US $1861.4 per ounce, or 0.47%.
overseas index
U.S. stock market: on Thursday, Eastern time, the three major U.S. stock indexes rose or fell. As of the close, the Dow fell 60.10 points to 35870.95 points, down 0.17%; The NASDAQ rose 72.14 points, or 0.45%, to 15993.71; The S & P 500 index rose 15.87 points, or 0.34%, to 4704.54.
European stock market: on Thursday, European time, the three major European stock indexes fell collectively. As of the close, the UK FTSE 100 index closed at 7255.96 points, down 35.24 points or 0.48% from the previous trading day; France CAC40 index closed at 7141.98 points, down 14.87 points or 0.21% from the previous trading day; Germany DAX30 index closed at 16221.73, down 29.40 points or 0.18% from the previous trading day.
Asia Pacific stock markets: on November 18, the Nikkei 225 index closed down 0.3% to 29598.66. South Korea’s Kospi index closed down 7.55 points, or 0.25%, at 2954.87.
