daily collection
Beijing stock exchange: on September 2, 2021 Xi Jinping after the General Secretary announced that he would continue to support the innovative development of small and medium-sized enterprises, deepen the reform of the new third board, establish Beijing stock exchange and create a main position for service innovative small and medium-sized enterprises, with the strong leadership of CSRC and the support and cooperation of all parties, Go all out to implement the preparations for the opening of the market. At present, the opening of the Beijing stock exchange has been ready and is scheduled to open on November 15, 2021.
CBRC: on the afternoon of November 12, Guo Shuqing, Secretary of the Party committee and chairman of the CBRC, presided over the Party committee (expanded) meeting to convey, study and implement the spirit of the Sixth Plenary Session of the 19th CPC Central Committee and the important speech of the general Secretary of Xi Jinping and study the opinions of the Department and department on study and implementation in combination with the actual situation of the CBRC. The meeting called for unremitting efforts to prevent and resolve financial risks, balance the relationship between steady growth and risk prevention, and resolutely hold the bottom line of no systemic financial risks. Steady prices, stable prices, stable expectations, curb the trend of real estate finance bubble, improve the long-term mechanism of real estate regulation and control, and promote the stable and healthy development of the real estate industry.
central bank: on the morning of November 12, 2021, the Party committee of the people’s Bank of China held a meeting to seriously convey and study the important speech and plenary spirit of the general secretary of Xi Jinping at the Sixth Plenary Session of the 19th CPC Central Committee, and study and deploy the implementation measures of the people’s Bank of China. Guo Shuqing, Secretary of the Party committee and vice president of the people’s Bank of China, presided over the meeting, and Yi Gang, deputy secretary of the Party committee, President and members of the Party committee attended the meeting. The meeting stressed that we should resolutely curb the monopoly and disorderly expansion of capital in the field of financial services and maintain the steady and healthy development of the real estate market.
21 finance and Economics: on November 12, Guangzhou intermediate people’s court made a first instance judgment on the first securities class action case in China, ordering Kangmei Pharmaceutical Co.Ltd(600518) to compensate 2.459 billion yuan for the loss of securities investors due to the infringement of false statements such as annual reports. This case is the first case after the establishment of the litigation system of securities special representative with Chinese characteristics in the new securities law. It is the civil compensation case of misrepresentation of listed companies with the highest amount of compensation heard by the court so far. It is understood that the defendants involved in the lawsuit of Kangmei pharmaceutical’s special representative include not only listed companies, but also actual controllers of listed companies, Dong Jiangao, annual report audit institutions, signing accountants, project managers, etc.
Ministry of Finance: after the selected companies on the new third board are transformed into companies listed on the Beijing stock exchange, and the innovative companies are listed on the Beijing stock exchange through public offering, the policies related to personal income tax and stamp tax involved in investing in companies listed on the Beijing stock exchange are temporarily implemented in accordance with the current tax regulations applicable to the new third board. Policies related to enterprise income tax and value-added tax shall be implemented in accordance with the enterprise income tax law and its implementation regulations, the notice of the Ministry of Finance and the State Administration of Taxation on comprehensively promoting the pilot of replacing business tax with value-added tax (CS [2016] No. 36) and relevant provisions.
macroeconomic
financial Associated Press: the national development and Reform Commission, the Ministry of Finance and the Ministry of natural resources jointly issued the implementation plan of the 14th five year plan for promoting high-quality development in resource-based areas. The plan proposes to strengthen the unified planning for the investigation, evaluation, exploration, development and utilization of strategic mineral resources, establish a safe and reliable resource and energy reserve, supply and guarantee system, and improve the adaptability of the resource and energy supply system to China’s demand. According to resource endowment, development and utilization, a number of energy resource bases and national planned mining areas are arranged to create a core area for stable supply of strategic mineral resources. Implement the reserve project of mineral producing areas and build a strategic mineral resource reserve system combining products, production capacity and producing areas. We will increase the exploration of strategic mineral resources such as oil, natural gas, copper, chromium, tungsten, rare earth and crystalline graphite, and do a good job in the strategic continuation of important mineral resources.
China Central Television news client: the latest data released by the National Energy Administration on the 12th showed that in October, the power consumption of the whole society increased by 6.1% year-on-year, and China’s economy continued to recover stably. In October, the electricity consumption of the whole society continued to grow, reaching 660.3 billion kwh, a year-on-year increase of 6.1%, an increase of 14.0% over the same period in 2019, and an average increase of 6.8% in the two years. By industry, the power consumption of the primary, secondary and tertiary industries increased by 14.7%, 3.2% and 14.3% respectively year-on-year; The domestic power consumption of urban and rural residents increased by 11.1% year-on-year.
interface news: on November 12, Xiao Yaqing, Secretary of the Party group and Minister of the Ministry of industry and information technology, presided over a party group meeting to convey and study the spirit of the Sixth Plenary Session of the 19th CPC Central Committee and study and implement measures. The meeting stressed that industrialization is the premise and foundation of modernization. Accelerate the implementation of the 14th five year plan series, maintain the basic stability of the proportion of the manufacturing industry, improve industrial innovation ability, enhance the stability and competitiveness of the industrial chain supply chain, accelerate the optimization and upgrading of the industrial structure, promote the carbon peak in the industrial field and the digital, networked and intelligent development of the manufacturing industry, develop and expand the digital economy, and strive to create a new situation in the construction of a manufacturing power and a network power.
National Energy Administration: the National Energy Administration issued the notice on strengthening market supervision, giving full play to the role of market mechanism and promoting power supply guarantee this winter and next spring to strengthen the performance of medium and long-term contract electricity. All dispatched offices shall strengthen the supervision on the performance of power contracts for medium and long-term power transactions, form a stable power transmission trend, prohibit the arbitrary reduction or termination of power transmission without the consensus of both parties, and give full play to the role of medium and long-term power transactions in stabilizing the overall balance of power and power. Market entities are encouraged to negotiate and sign supplementary agreements independently to agree on the transaction price or floating mechanism, and relevant departments and units shall not forcibly intervene.
industry dynamics
financial Associated Press: the three-day negotiation on the national medical insurance drug catalogue in 2021 ended in Beijing. According to the latest news from the National Medical Insurance Bureau, the 1.2 million yuan of akelunsai injection passed the preliminary formal review, but it did not enter the negotiation link of the medical insurance catalogue. It is reported that the more expensive drug has passed the preliminary formal examination, which only means that after the preliminary examination, the drug meets the application conditions and is qualified to enter the next adjustment link. Whether the drugs can finally enter the national medical insurance drug catalogue will also be subject to strict evaluation in terms of economy, and the exclusive drugs will also be subject to price negotiation.
Beijing News: Chen Shihua, Deputy Secretary General of China Automobile Association, said that according to the industry forecast and supplier feedback, although the chip supply has eased compared with the third quarter, there is still an obvious shortage of individual chips. Superimposed on the strong market demand in the fourth quarter and the large demand for enterprise replenishment, the shortage situation will continue for some time, and the shortage situation may last until the second half of 2022, Finally, it may reach a state of tight balance.
surging news: on November 12, the reporter learned from Zhejiang Consumer Protection Commission that iqiyi, Youku, Tencent video, Sohu Video, pptv, mango TV and LETV had submitted rectification reports on schedule. Seven video websites responded one by one to the five member services mentioned in the interview of Zhejiang consumer Protection Commission on November 5 and took out corresponding rectification measures. Li Jia said that it is hoped that the majority of consumers will jointly supervise whether the rectification measures proposed by various video websites are in place. At the same time, Zhejiang Consumer Protection Commission is speeding up sorting out the rectification of other member service problems and will make it public to the society in the near future in combination with the results of early consumer observation.
first finance and Economics: Luo Tiejun, vice president of China Iron and Steel Industry Association, said on the 12th that the current profit of the iron and steel industry showed a downward trend, and it is expected that the profit in the fourth quarter will be further reduced. At present, some enterprises and some varieties have suffered losses, which puts great pressure on the stable operation of subsequent industries.
stock market focus
Securities Times: Beijing stock exchange issued the measures for the administration of business charges of Beijing stock exchange, and the transaction handling fee of investors is charged bilaterally at 0.5 ‰ of the transaction amount.
Shanghai Securities News: on November 15, the first batch of 81 companies listed on the Beijing stock exchange officially appeared and will collectively accept the “talent show” of institutions and qualified investors. These 81 companies are “top students” selected from more than 7000 new third board companies. According to the financial data in the first half of this year, among the 81 companies, the top growth rate of revenue and profit year-on-year is mainly beiteri Jilin Carbon Valley, Wuxin tunnel equipment, Jiaxian shares and other enterprises have their own growth drivers.
Shenzhen Stock Exchange: from November 8 to November 12, the exchange adopted self regulatory measures for 70 abnormal securities transactions, involving abnormal transactions such as intraday lifting and suppression and false declaration; Focus on monitoring ” Xinxiang Tuoxin Pharmaceutical Co.Ltd(301089) ” and ” Shenzhen Zqgame Co.Ltd(300052) ” with abnormal recent growth; A total of 15 major events of listed companies were verified.
Huatai Securities Co.Ltd(601688) Institute: outlook 2022, we think that the core value of the food and beverage sector is still outstanding. Since 2021, Baijiu liquor has been affected by external factors, but the fundamentals remain stable. The industry has entered a stable development period. However, the segmentation price band still has different indicators. It is expected that the high-end performance will continue to be stable and prosperous next year, and there will still be some remaining strength in the high-end market. The context of demand recovery, price boost and channel reform of Volkswagen products in 2022 is clear, and the leading enterprises with strong price increase transmission ability and leading demand recovery are preferred.
financial Associated Press: the reporter learned that on the 12th, the theme funds reported by 8 fund companies, including Huaxia Fund, e fund, GF fund, South Fund, Harvest Fund, huitianfu fund, Dacheng Fund and Wanjia fund, have been officially approved. The above products are “two-year regular opening” or “two-year holding period” products, which will invest in the Beijing stock exchange market at a proportion of no less than 80% of non cash fund assets, and can participate in the strategic placement of stocks listed on the Beijing stock exchange, or participate in the investment of the Beijing stock exchange by means of innovation, fixed increase and secondary market trading.
Subscription of new shares: Haili wind power
new debt subscription: none
IPO: Aohua endoscopy, Nanjing Vazyme Biotech Co.Ltd(688105)
new bond listing: none
company news
Chongqing Fuling Zhacai Group Co.Ltd(002507) : increase the ex factory price of some products by 3% – 19%
Xinxiang Tuoxin Pharmaceutical Co.Ltd(301089) : suspension verification of recent serious abnormal fluctuation of share price
Hai Nan Yedao (Group) Co.Ltd(600238) : intends to transfer the equity of the participating company to focus on the development of wine business
Nanjing Chemical Fibre Co.Ltd(600889) : the shortage of power supply in Jiangsu Jinling has been effectively alleviated
China Shenhua Energy Company Limited(601088) : unit 2 of Shengli Power Plant Phase I project passed 168 hour trial operation
Shanghai Aiko Solar Energy Co.Ltd(600732) : it is proposed to purchase 1.6 billion monocrystalline silicon chips with RMB 11 billion
Hainan Ruize New Building Material Co.Ltd(002596) : major shareholders terminate the cooperation contract for Haiken Nantian equestrian culture town project
Shanghai Huide Science & Technology Co.Ltd(603192) : the polyurethane resin project with an annual output of 180000 tons is still under construction, and the process of capacity release needs to be completed
Baic Bluepark New Energy Technology Co.Ltd(600733) : BAIC new energy’s automobile sales from January to October decreased by 15.85% year-on-year
China Life Insurance Company Limited(601628) : from January to October, the accumulated premium income of original insurance was about 574.8 billion yuan
Luoniushan Co.Ltd(000735) : pig sales revenue in October increased by 10.81% month on month
Gemdale Corporation(600383) : everyone life has reduced 5% of the company’s shares in total
Guangdong Guoli Sci&Tech Co.Ltd(300716) : Shenghe Weiye plans to reduce the shares of the company by no more than 6%
Guangdong South New Media Co.Ltd(300770) : shareholders plan to reduce their total holdings of no more than 3% of the company’s shares
company 9: 3 holders of depositary receipts intend to reduce their total holdings by no more than 10.74%
Geovis Technology Co.Ltd(688568) : proposed to raise no more than 1.55 billion yuan
data list
Shanghai and Shenzhen Stock Markets: Shanghai index and Shenzhen Composite Index rose and turned red in the afternoon, and the decline of gem index narrowed; The China Securities 1000 index rose 1.37%, up more than 4% this week. The auto parts sector continued to strengthen, Kunshan Huguang Auto Harness Co.Ltd(605333) 6 Lianban, Guangdong Senssun Weighing Apparatus Group Ltd(002870) , Shenzhen Jingquanhua Electronics Co.Ltd(002885) and other more than 20 shares rose by the limit. Registered secondary new shares were highly active, and GEM stocks Xinxiang Tuoxin Pharmaceutical Co.Ltd(301089) rose again, with a cumulative increase of more than 180% in six trading days. The concept theme was active, and the military industry, photovoltaic, power, tobacco and other sectors rose one after another. Individual stocks still rose, with more than 2700 shares flying red. The turnover of Shanghai and Shenzhen stock markets exceeded trillion for the 16th consecutive trading day.
Hong Kong stocks: Hong Kong Hang Seng Index closed up 0.32%, led by technology and optional consumer sectors, Byd Company Limited(002594) electronics rose nearly 10%, and Xiaopeng automobile rose more than 10%. The concept of electronic cigarette broke out, and smore international rose by more than 14%. Real estate stocks were divided, with China Evergrande up nearly 10% and Vanke enterprises down 2.4%.
Shanghai Shenzhen Gangtong: on November 12, the total net inflow of northbound funds was 3.627 billion yuan. Among them, the net outflow of Shanghai Stock connect was 67.3 million yuan and the net inflow of Shenzhen Stock connect was 3.694 billion yuan. Among the top ten traded stocks, the top three in net purchases were Contemporary Amperex Technology Co.Limited(300750) , East Money Information Co.Ltd(300059) , Inner Mongolia Yili Industrial Group Co.Ltd(600887) , with net purchases of 827 million yuan, 738 million yuan and 579 million yuan respectively. The top three net sales are Gree Electric Appliances Inc.Of Zhuhai(000651) , Ja Solar Technology Co.Ltd(002459) , China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) , with net sales of 413 million yuan, 311 million yuan and 157 million yuan respectively.
dragon tiger list: on November 12, among the stocks on the list, the largest net capital inflow was Jolywood (Suzhou) Sunwatt Co.Ltd(300393) , with a net inflow of 404 million yuan in the three days. Data show that the stock rose 13.33% during the day and 36.08% in the past three days. Specifically, CITIC Shanghai Liyang road bought a net of 77.1652 million yuan on the third day. A total of 32 stocks were involved in the institutional participation list, of which 20 were net bought by the institution, Kunshan Kersen Science & Technology Co.Ltd(603626) was the most bought, with a net purchase of 188 million yuan in three days. In addition, 12 shares were net sold by institutions, and East Group Co.Ltd(300376) was sold the most, amounting to 124 million yuan.
margin trading : as of November 11, the balance of two financial transactions in Shanghai and Shenzhen was 1841.246 billion yuan, an increase of 2.626 billion yuan over the previous trading day. Among them, the financing balance was 1699.135 billion yuan, an increase of 1.151 billion yuan over the previous trading day; The balance of securities lending was 142.111 billion yuan, an increase of 1.475 billion yuan over the previous trading day.
Shibor : Shibor reported 1.8560% overnight, down 2.5 basis points; Shibor reported 2.1240% in 7 days, up 1.1 basis points; Three month Shibor reported 2.4540%, unchanged from the previous day.
foreign exchange
On November 12, the central parity rate of RMB against the US dollar increased by 80 basis points to 6.4065, compared with 6.4145 in the previous trading day. The onshore RMB closed at 6.3902 against the US dollar at 16:30 on November 12, up 146 points from the previous trading day.
property market observation
interface news: the reporter learned from the financial management department and several banks that the real estate loan in October rebounded significantly compared with September, with an increase of more than 150 billion yuan month on month, including an increase of more than 50 billion yuan in real estate development loans and more than 100 billion yuan in personal housing loans. The financing behavior of financial institutions in the real estate industry has improved significantly, It is expected that the month on month growth trend will remain in November.
Securities Times website: China Merchants Bank Co.Ltd(600036) said on the interactive platform on November 12 that the recent online rumors that China Merchants Bank will withdraw from public real estate loans are not true. Please do not listen to and spread rumors. CMB will resolutely implement the relevant national policies on the real estate industry, continue to support the normal and reasonable real estate financing needs, and actively cooperate with relevant departments and local governments to jointly maintain the steady and healthy development of the real estate market and the legitimate rights and interests of housing consumers according to the overall positioning of “no speculation in real estate”. At the same time, we will continue to take effective measures to maintain the stability of the quality of real estate loans.
surging news: after Poly Developments And Holdings Group Co.Ltd(600048) , another central enterprise developer wants to register and issue notes in the inter-bank market. On November 12, according to the information disclosed on the website of Beijing financial assets exchange, China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) announced the issuance plan of the first phase of medium-term notes in 2021, which plans to register and issue 3 billion yuan of medium-term notes in the inter-bank market. Some people from real estate enterprises told the surging news that the bond issuance between China Merchants and Poly has seen the dawn for the real estate enterprises suffering from capital. The source believes that the successful issuance of bonds by real estate enterprises in these two episodes means that the regulatory policies may open a window on the financing side of real estate enterprises. At the same time, the source stressed that the signs of marginal relaxation in the field of real estate financing do not mean that the general direction of “real estate, housing and non speculation” has changed, and the regulators are more concerned with preventing credit risk.
China Securities Journal: recently, zhongzhengjun visited the new and second-hand housing market in Beijing. The survey found that compared with the new housing market, the overall transaction of second-hand houses is poor, and the owners have high tolerance for the qualification, down payment ratio and loan mode of house buyers, with large space for price negotiation. “All conditions can be discussed” has become the mantra of the intermediary. Institutional data show that the trading volume of Beijing’s second-hand housing market has declined for seven consecutive months. In October, the online signing volume of second-hand houses in Beijing fell below 10000 units for the first time this year, down more than 30% year-on-year.
international information
financial Associated Press: with the approval of the State Council, the people’s Bank of China and the Bank of England recently renewed the bilateral local currency swap agreement, with a swap scale of 350 billion yuan / 40 billion pounds. The agreement is valid for five years and can be extended with the consent of both sides. The renewal of the China UK bilateral currency swap agreement will help further deepen China UK monetary and financial cooperation and maintain the stability of the financial market.
interface news: the food and Agriculture Organization of the United Nations predicted on the 11th that the global food import cost will reach a record high of US $1.75 trillion in 2021, an increase of 14% over the previous year. This round of increase is mainly due to the overall increase in the price level of grain commodities in international trade and the tripling of freight. FAO notes that in an increasing number of countries, more than 60 per cent of household income is spent on necessities such as food, fuel, water and housing. The agency warned that rising food and fuel prices would have a retrogressive impact on poor consumers and urged them to be particularly vigilant.
financial Associated Press: according to Tesla‘s official website, the price of model y has been increased by $1000 again. The long endurance version of model y currently costs $58990, while the high-performance version costs $63990. Tesla just raised the price of the full series of model y and model 3 by $1000 last week.
China Fund News: three global corporate giants that have developed for more than 100 years, unexpectedly released the news of split recently. Or electronics tycoons, or health care giants, or electrical legends, but they are either involved in scandals or debt, and their share prices have lagged behind the market in recent years. These giants who have developed for many years have chosen to split, hoping to promote agile decision-making and reproduce the glory of that year by stripping liabilities and concentrating advantageous businesses. Not only Toshiba, Johnson & Johnson or GM think that large enterprise groups are no longer suitable for this era. They either only open a corner of the splitting and reorganization of large companies.
futures market
China Futures: on November 12, China commodity futures closed with mixed gains and losses. Zheng alcohol fell by more than 5%, eg and coking coal fell by more than 4%, Zheng coal and PVC fell by more than 3%, soda ash and crude oil fell by more than 2%, starch and PTA fell by more than 1%, and Shanghai zinc and cotton yarn fell slightly; Asphalt rose by more than 4%, glass by more than 3%, Shanghai tin and NR by more than 2%, plastics and apples by more than 1%, and palm and bean rose slightly.
International Futures: on Friday, US Eastern time, the international gold price rose slightly. As of the close, the December gold futures price, the most active trading in the gold futures market of the New York Mercantile Exchange, rose $4.6 on the 12th, or 0.25%, to close at $1868.5 an ounce. On Friday, US Eastern time, international oil prices fell, and US oil fell nearly 1%. As of the closing, December crude oil futures in New York closed down US $0.80, or 0.98%, to US $80.79/barrel; Brent January crude oil futures closed down US $0.70, or 0.84%, at US $82.17/barrel.
overseas index
U.S. stock market: on Friday, U.S. stocks closed higher, and the Dow stopped falling for three consecutive times. As of the close, the Dow Jones index rose 179.08 points, or 0.50%, to 36100.31; The NASDAQ index rose 156.68 points, or 1.00%, to 15860.96 points; The S & P 500 index rose 33.58 points, or 0.72%, to 4682.85.
European stock markets: European time on Friday, European stock markets were mixed. As of the closing, the Financial Times’ average price index of 100 stocks in London stock market closed at 7347.91, down 36.27 points or 0.49% from the previous trading day; France Paris Stock Market CAC40 index closed at 7091.40, up 31.85 points or 0.45% over the previous trading day; Germany’s Frankfurt Stock Exchange DAX index closed at 16094.07, up 10.96 points or 0.07% from the previous trading day.
Asia Pacific Stock Market: on November 12, the Nikkei 225 index closed up 360.64 points, or 1.23%, at 29638.50. South Korea’s Kospi index closed up 43.88 points, or 1.50%, at 2968.80.
