daily collection
Ministry of industry and information technology: on November 9, 2021, the Ministry of industry and information technology and the CSRC held a discussion and exchange on deepening cooperation, giving play to the role of capital market and supporting the innovative development of small and medium-sized enterprises. Xu Xiaolan, Vice Minister of the Ministry of industry and information technology, and Zhao Zhengping, member of the Party committee and vice chairman of the CSRC, attended the meeting. Xu Xiaolan pointed out that the Ministry of industry and information technology will deepen cooperation with the CSRC, strengthen the coordination of industrial policies and financial policies, support the Beijing stock exchange to build a main position for service innovative small and medium-sized enterprises, strengthen the listing cultivation of high-quality small and medium-sized enterprises, and support high-quality small and medium-sized enterprises to speed up the docking with the capital market.
Shanghai Securities News: on November 11, the yuan universe Industry Committee of China Mobile Communications Federation held the unveiling ceremony and officially released the new book yuan universe co authored by Yu Jianing and he Chao. China Mobile Communication Federation is the only national social organization in the field of China mobile communication, and its members include China Mobile, China United Network Communications Limited(600050) and so on. The yuan universe industry committee was approved to be established on October 15. It is the first approved yuan universe Industry Association in China and is committed to promoting the healthy and sustainable development of Yuan universe industry.
Securities Times: shengmei Shanghai (688082) announced the results of its initial public offering and listing on the science and Innovation Board on the evening of November 11. The number of online investors who gave up subscription reached 603200 shares, and the amount of giving up subscription reached 51.269 million yuan. The number of subscription abandoned by offline investors is 0, and the amount of subscription abandoned by offline investors is 0.
Shanghai Securities News: an announcement issued by the U.S. Department of Commerce on the morning of November 11 showed that it had rejected the request to launch an investigation into Asian photovoltaic manufacturers and determined that Asian companies did not sell photovoltaic cells at a price lower than normal. According to the announcement document, “in a-smacc’s request for evasion of investigation, a-smacc claims that according to the relevant provisions, some Chinese companies and government entities and other acts may cause material damage to the competitive position of their members… According to act 777 (b) (2) and 19 CFR 351.304 (d) (1), we will not consider and reject a-smacc’s request for evasion of investigation on August 16, 2021.” A-smacc is an organization composed of anonymous enterprises, “American Cecep Solar Energy Co.Ltd(000591) manufacturers oppose Chinese circumvention”.
macroeconomic
Securities Times: the Ministry of Finance issued the operation guidelines for the adjustment of the use of special bonds of local governments. The operation guidelines pointed out that the use of special bond funds should adhere to non adjustment as the norm and adjustment as the exception. Once issued, the special bonds should be used strictly in accordance with the purpose of the projects specified in the information disclosure documents. The adjustment procedures must be strictly carried out in all parts of the country due to the need for adjustment in special circumstances. It is strictly prohibited to arbitrarily adjust the use of the special bonds, and strictly prohibit misappropriation, post adjustment and other acts.
Ministry of agriculture and rural areas: recently, the Ministry of agriculture and rural areas held a coordination meeting of pig production departments and a symposium of pig breeding enterprises to implement the decisions and arrangements of the CPC Central Committee and the State Council on stabilizing pig production, analyze the current situation and trend, listen to opinions and suggestions, and promote the implementation of working measures to stabilize pig production in the next stage. Ma Youxiang, Vice Minister of agriculture and rural areas, attended the meeting and delivered a speech. The meeting held that pig production fully recovered in the second quarter, but there was a phased surplus in market supply after June, pig prices were low, and breeding fell into a loss. Although pig prices have rebounded recently, the fundamentals of relatively loose market supply have not changed. The key to stabilizing pig production in the future is to moderately reduce production capacity and prevent excessive decline of production capacity in the later stage caused by long-term loss, resulting in ups and downs of production.
Anhui Daily: since this year, Anhui Province has actively promoted the “double recruitment and double introduction” of high-end equipment manufacturing industry. By the end of October, 41 high-end equipment manufacturing industry projects had been signed in the province, with a total investment of 60.9 billion yuan. The implementation plan of “double recruitment and double introduction” for the provincial high-end equipment manufacturing industry is clear. During the “14th five year plan”, Anhui high-end equipment manufacturing industry should maintain medium and high-speed growth, and strive to have an operating revenue of more than 550 billion yuan by 2025, accounting for 41% of the Provincial equipment manufacturing industry. Strive to introduce a number of high-end equipment manufacturing enterprises among the world’s top 500 and China’s top 500 to settle in Anhui.
interface news: learned from China Southern Power Grid that the company has issued the power grid development plan of China Southern Power Grid during the 14th five year plan to clarify the overall structure of power grid development during the 14th Five Year Plan period. China Southern Power Grid said that by 2025, the maximum load of the whole society in the five southern provinces and regions will reach 295 million KW, an increase of 79.6 million KW compared with 2020. According to the load growth, the plan puts forward the “14th five year plan” and medium and long-term grid planning as: Deepening the west to East power transmission, expanding the north to South power transmission, connecting Southeast Tibet, integrating Guangdong, Hong Kong, Macao and connecting Southeast Asia, so as to realize a large platform for wider optimal allocation of resources.
industry dynamics
CCTV news: recently, the smart highway science and technology demonstration project of 342 provincial highway in Jiangsu Province passed the acceptance, which is the first smart highway science and technology demonstration project for built and large flow ordinary national and provincial highways in China. The provincial highway 342 smart highway science and technology demonstration project is the first batch of demonstration projects of Jiangsu’s new transportation infrastructure, and has been listed as a model of scheme innovation driven development of Jiangsu, a transportation power. With a total length of 52.75km, the demonstration road is an important provincial road in southern Jiangsu and an important channel in Jiangsu and Anhui. The line crosses the dense urban belt and gathers various application scenarios, which is of typical representative significance.
Securities Times Network: according to the news of China Central Television, on November 10, Xinjiang Uygur Autonomous Region held a special press conference on cotton in Urumqi to introduce the development of cotton industry and labor and employment security in Xinjiang. Xinjiang is the largest cotton producing area in China. In 2020, the cotton output accounted for 87.3% of the total national output. This year, the cotton planting area in Xinjiang is 37.18 million mu, and the output is expected to reach about 5.2 million tons. It is reported that the opening price of seed cotton in mid and late September reached about 9.5 yuan / kg, higher than the average purchase price of the previous year. Affected by the high price of cotton market, the average net income of cotton per mu exceeds 1500 yuan, and it is a foregone conclusion for cotton farmers to increase their income.
first finance and Economics: according to the Baotou rare earth products exchange, the 84th special auction of China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) was completed on the morning of November 10. Within 8 minutes of the opening of the market, a total of 20 tons of metal praseodymium and neodymium of the four targets reached the alarm price, with a transaction price of 930000 yuan / ton. According to the market spot quotation, at present, praseodymium neodymium oxide has exceeded the new high in the past 10 years.
interface news: on November 11, according to trendforce Jibang consulting research, the market sales of new energy vehicles (including Bev and PHEV) totaled 4.2 million in the first three quarters of 2021, including 2.92 million pure electric vehicles (Bev), with an annual growth rate of 153%; Plug in hybrid electric vehicles (PHEVs) reached 1.28 million, with an annual growth rate of 135%.
stock market focus
financial Associated Press: Beijing Stock Exchange carried out the opening and customs clearance test on November 13. The participating institutions include national stock transfer company, Beijing stock exchange, China Clearing, Shenzhen Stock Exchange, China Securities Index, securities companies, information providers and fund companies.
Securities Times: Citic Securities Company Limited(600030) the research report believes that the global industrial investment strategy in 2022 will be based on new energy and intelligent vehicles. Continue to be optimistic about the automatic driving industrial chain, and it is suggested to focus on the automatic driving commercial vehicles that are “Scene king” and can land quickly, including long-distance trucks and low-speed logistics vehicles. At the same time, the third-generation semiconductor sector, which is optimistic about China’s overtaking in the corner, is ready to go in the application fields such as new energy vehicles and 5g communication, the cost is reduced, the penetration rate is accelerated, and the pace of catching up with overseas is accelerated under the dual wheel drive of downstream demand and national policies.
first finance and Economics: Haitong Securities Company Limited(600837) pointed out that strategically, due to the repeated epidemic and the sharp fluctuation of the price of bulk raw materials, the downward pressure on the economy has increased, the market fluctuates greatly in the short term, and the game of stock funds is more obvious. At the current time point, there may still be investment opportunities in hot sectors such as meta universe, cloud games, securities companies and Beijing stock exchange in the short term. Medium and long term perspective. It is suggested to adhere to the bottom-up, select individual stocks, and use the adjustment to absorb bargain hunting in batches, so as to layout the investment opportunities next year without chasing after the rise.
interface news: the opening of the Beijing stock exchange is approaching, and various securities companies “grain and grass first” are competing to layout business opportunities. The interface news reporter found that in the third quarter of this year, a total of 32 market makers added market making to a total of 113 new third board companies, adding 50 cases in October, a new high in a single month this year. Some industry experts believe that the establishment of the Beijing stock exchange provides opportunities for securities companies to carry out business, intensifies the intensity of competition, and leads to changes in the business ranking of securities companies on the new third board. Therefore, there will be greater changes in the market maker ecology in the future. It is wise to pay close attention to the layout of relevant high-quality targets.
subscription of new shares: none
new debt subscription: none
IPO: tianyima, Shanghai Anlogic Infotech Co.Ltd(688107) , Jinpu Landscape Architecture Co.Ltd(301098)
new bond listing: none
company news
Huaan Securities Co.Ltd(600909) : Anhui securities regulatory bureau decided to take administrative regulatory measures to order the company to make corrections
Shenzhen Nanshan Power Co.Ltd(000037) : plans to purchase no more than 10% shares of Liaoyuan environmental protection for no more than 75 million yuan
Zhuhai Port Co.Ltd(000507) : intends to participate in the subscription of fixed additional shares of Jiangsu Xiuqiang Glasswork Co.Ltd(300160) subsidiary of about 235 million yuan
Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) : received a total of 419 million yuan of government subsidies this year
Jiangsu Nanfang Medical Co.Ltd(603880) : intends to terminate the issuance of convertible bonds and withdraw the application documents
Longi Green Energy Technology Co.Ltd(601012) : was approved to publicly issue 7 billion yuan of convertible bonds
Zhejiang Dingli Machinery Co.Ltd(603338) : the U.S. Department of Commerce will finally issue a countervailing duty order according to the final ruling
Bizconf Telecom Co.Ltd(300578) : terminate the transfer of 45% equity of Shanghai Huichang Chaoshi cloud
China Tourism Group Duty Free Corporation Limited(601888) : the initial public offering of overseas listed foreign shares (H shares) was approved by the CSRC
Jiangsu Nhwa Pharmaceutical Co.Ltd(002262) : alfentanil hydrochloride injection obtained the drug registration certificate
Wanhua Chemical Group Co.Ltd(600309) : routine shutdown and maintenance of MDI unit in Ningbo factory
Ningbo Joyson Electronic Corp(600699) : automobile safety division introduces strategic investors
China Resources Microelectronics Limited(688396) : the large fund plans to reduce its holdings of no more than 1% of the company’s shares
Semiconductor Manufacturing International Corporation(688981) : Jiang Shangyi resigned as vice chairman, executive director and member of the strategy committee of the board of directors
data list
Shanghai and Shenzhen Stock Markets: on the 11th, the three major A-share indexes opened low and went high. The Shanghai index fluctuated upward, and the gem index fluctuated and sorted out. As of the close, the Shanghai index rose 1.15%, the Shenzhen Composite Index rose 1.27% and the gem index rose 0.99%. On the disk, the real estate sector was strong, and more than 10 stocks rose by the limit; Securities, semiconductors, building materials, household goods, banking, steel and other sectors led the increase, daily chemical, electric power, medicine and other sectors fell, and the concept of meta universe and diamond cultivation continued to be active. The net purchase amount of northbound funds exceeded 8 billion yuan.
Hong Kong stocks: Hong Kong Hang Seng Index closed up 1.01%, Hang Seng technology index rose 1.80%, education stocks led the gains, hope education rose more than 22%, and New Oriental online rose more than 14%. Real estate stocks were strong, with China Olympic Park up nearly 12%, rongchuang China up more than 8% and China Evergrande up nearly 7%.
Shanghai Shenzhen Hong Kong stock connect: on November 11, the total net inflow of northbound funds was 8.61 billion yuan. Among them, the net inflow of Shanghai Stock connect was 4.292 billion yuan and that of Shenzhen Stock connect was 4.318 billion yuan. Among the top ten traded stocks, the top three in net purchases were East Money Information Co.Ltd(300059) , Ping An Insurance (Group) Company Of China Ltd(601318) , Kweichow Moutai Co.Ltd(600519) , with net purchases of 1.812 billion yuan, 1.141 billion yuan and 546 million yuan respectively. The top three net sales are Ganfeng Lithium Co.Ltd(002460) , Wuxi Apptec Co.Ltd(603259) , Longi Green Energy Technology Co.Ltd(601012) , with net sales of 167 million yuan, 153 million yuan and 117 million yuan respectively.
dragon tiger list: on November 11, among the stocks on the list, the largest net capital inflow was Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) , which was 458 million yuan. According to the data, the daily trading limit of the stock closed, with a full day turnover of 3.493 billion yuan and a turnover rate of 4.36%. Specifically, China International Capital Corporation Limited(601995) Shanghai Hubin Road Net purchase of 336 million yuan. A total of 40 stocks were involved in the institutional participation in the dragon and tiger list, of which 26 were net bought by the institution, and Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) was the most bought, amounting to 223 million yuan. In addition, 14 shares were sold by institutions, and Gf Securities Co.Ltd(000776) was sold the most, amounting to 113 million yuan.
margin trading : as of November 10, the balance of two financial transactions in Shanghai and Shenzhen was 1838.62 billion yuan, an increase of 1.59 billion yuan over the previous trading day. Among them, the financing balance was 1697.983 billion yuan, an increase of 2.047 billion yuan over the previous trading day; The balance of securities lending was 140.637 billion yuan, a decrease of 457 million yuan compared with the previous trading day.
Shibor : Shibor reported 1.8810% overnight, up 4.8 basis points; Seven days Shibor reported 2.1130%, down 2.9 basis points; Three month Shibor reported 2.4540%, unchanged from the previous day.
foreign exchange
On November 11, the central parity rate of RMB against the US dollar was lowered by 197 basis points to 6.4145, compared with 6.3948 in the previous trading day. The onshore RMB closed at 6.4048 against the US dollar at 16:30 on November 11, down 133 points from the previous trading day.
property market observation
Securities Times: insiders said that the central bank and other relevant departments repeatedly issued positive signals at the end of September, which is one of the main reasons for the signs of loosening of housing loans in some cities. At the regular meeting of the third quarter at the end of September, the central bank proposed “two maintenance”: to maintain the healthy development of the real estate market and the legitimate rights and interests of housing consumers. Subsequently, the central bank and the China Banking and Insurance Regulatory Commission jointly held a symposium on real estate finance, once again emphasizing the two safeguards.
China Securities Journal: institutional data show that in the first 10 months of this year, the average financing interest rate of real estate enterprises decreased significantly year-on-year, and the pressure on financing costs has eased. However, real estate enterprises are more cautious about the amount of new loans, and sales collection has become an important starting point to improve cash flow. According to the data disclosed by real estate enterprises, the sales increased significantly month on month in October, and the enthusiasm of real estate enterprises with good sales to participate in local auction gradually increased.
China News Network: on the 11th, the reporter learned from the press conference of the implementation plan for accelerating the development of affordable rental housing in Hangzhou that during the 14th Five Year Plan period, 330000 affordable rental housing units (rooms) will be built and raised in Hangzhou, and the supply area of rental housing land accounts for more than 10% of the supply area of transferred residential land in the target year, The proportion of new affordable rental housing units in the number of new housing supply units will strive to reach more than 30%.
international information
CCTV news client: Shu jueteng, spokesman of the Ministry of Commerce, introduced that on the basis of maintaining the growth of China US trade in 2020, the bilateral trade volume grew rapidly from January to October this year, with a year-on-year growth of 23.4%, including 28.9% of imports from the United States and 21.8% of exports to the United States. Shu jueteng said that this fully shows that the economies of the two countries are highly complementary. Bilateral economic and trade cooperation is in the fundamental interests of the two countries and the two peoples and is also conducive to the recovery of the world economy.
Economic Daily: since this year, inflation in major countries around the world has risen to multi-year highs due to loose fiscal and monetary policies, supply bottlenecks, high energy prices and other factors. With the mitigation of the epidemic and the restart of the economy, major countries will make policy adjustments, but it will take time to finally reflect them on the level of consumer prices. Before the substantial recovery of consumer goods supply, the CPI of major countries will remain at a high level next year; Commodity prices will probably decline in the second quarter of next year, when PPI will fall, but there is still great uncertainty about the extent of decline. Therefore, the world’s major economies will still maintain a high inflation level and show obvious phased characteristics.
futures market
China Futures: China commodity futures closed, with most varieties rising. The main hot coil contracts rose by the limit, with soda ash rising by more than 8%, thread rising by more than 7%, coke and coking coal rising by more than 6%, glass and ferrosilicon rising by more than 5%, manganese silicon and Zheng coal rising by more than 3%, urea and asphalt rising by more than 2%, apple and Shanghai Gold rising by more than 1%, and Shanghai copper and international copper rising slightly; Crude oil and EB fell by more than 2%, corn and starch fell by more than 1%, and peanut and Zheng Mian fell slightly.
International Futures: on Thursday, US Eastern time, international oil prices rose slightly. As of the close, December crude oil futures in New York closed up US $0.25, or 0.31%, to US $81.59/barrel; Brent January crude oil futures closed up $0.23, or 0.28%, at $82.87/barrel. The international gold price rose for the sixth consecutive trading day. As of the closing, the December gold futures price, which was the most active in the gold futures market of the New York Mercantile Exchange, rose by US $15.6 on the 11th compared with the previous trading day to close at US $1863.9 per ounce, or 0.84%.
overseas index
U.S. stock market: on Thursday, Eastern time, the trend of the three major indexes of U.S. stocks was divided, the Dow fell for the third consecutive trading day, and the NASDAQ and S & P 500 closed up. As of the close, the Dow closed down 158.71 points, or 0.44%, at 35921.23; The NASDAQ closed up 81.57 points at 15704.28, or 0.52%; The S & P 500 index closed up 2.56 points, or 0.06%, at 4649.27.
European stock market: on Thursday, European time, the three major European stock indexes rose collectively. As of the close, the UK FTSE 100 index closed at 7384.18, up 44.03 points or 0.60% over the previous trading day; France CAC40 index closed at 7059.55, up 14.39 points or 0.20% over the previous trading day; Germany DAX30 index closed at 16083.11, up 15.28 points or 0.10% from the previous trading day.
Asia Pacific Stock Market: on November 11, the Nikkei 225 index closed up 165.72 points, or 0.57%, at 29272.50. South Korea’s Kospi index closed down 5.01 points, or 0.17%, at 2925.16.
