daily collection
China Central Television News: with the approval of China Securities Regulatory Commission, on November 2, 2021, Beijing stock exchange officially issued 2 basic business rules and 31 detailed rules and guidelines, including the trading rules of Beijing stock exchange (for Trial Implementation) and the membership management rules of Beijing stock exchange (for Trial Implementation). The above business rules shall come into force as of November 15, 2021.
China Central Television Network: on January 1, Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, visited the State Administration of market supervision and presided over a symposium on developing and expanding market players. Li Keqiang said that the development and improvement of the socialist market economic system is inseparable from market players. At present, the economy is facing new downward pressure. More than 100 million market players are the foundation and toughness to stabilize the basic economic plate. In view of the difficulties of market players, especially small, medium-sized and micro enterprises and individual industrial and commercial households, we should formulate new combined tax reduction and fee reduction policies, and continue to guide financial institutions to reasonably transfer profits to the real economy. Take measures to boost the operation of industrial economy.
Economic Daily: in the notice on ensuring the supply and price stability of vegetables and other daily necessities in the market this winter and next spring recently issued by the Ministry of Commerce, it is mentioned that “families are encouraged to store a certain amount of daily necessities according to their needs to meet the needs of daily life and emergencies”. One sentence led to various guesses from netizens and aroused heated discussion. In fact, it is understandable that netizens pay close attention to it, but it is completely unnecessary if they excessive brain tonic and accumulate anxiety. The original intention of the notice is to be afraid that the outbreak of the epidemic will surprise people. Don’t be too imaginative! In fact, this sentence in the notice is mainly aimed at epidemic prevention and control. Some communities are temporarily sealed and controlled, which may cause inconvenience to life. In the long run, it also advocates residents to improve their awareness of emergency management and increase the necessary household emergency commodity reserves as a necessary supplement to the national emergency system.
Xinhua News Agency: Han Zheng, member of the Standing Committee of the Political Bureau of the CPC Central Committee and vice premier of the State Council, went to the State Grid Corporation of China on the 2nd to investigate and preside over a symposium, implement the important instructions and requirements of the general secretary of Xi Jinping , and re study and re deploy the energy supply protection work this winter and next spring. Han Zheng stressed that the government should strengthen the regulation of coal prices according to law and speed up the research on the market-oriented price formation mechanism of coal power linkage. We should adhere to coal, electricity, gas, concentration and dispersion, and steadily and orderly implement “coal to electricity” and “coal to gas”.
Shanghai Securities News: recently, China Securities Investment Fund Industry Association (hereinafter referred to as China Foundation Association) issued the notice on online “quantitative private equity fund operation report” to private equity fund managers. After the release of the notice, the frequency of submitting operation data by quantitative private fund managers will be increased from quarterly to monthly. In the view of insiders, the launch of the operation report can strengthen the overall arrangement of quantitative private placement in the market and play a positive role in subsequent data monitoring and industry supervision.
macroeconomic
financial Associated Press: Zong Changqing, director of the Department of foreign investment of the Ministry of Commerce, said at the special press conference on the new assessment and evaluation measures for national economic and technological development zones held by the Ministry of Commerce on the 2nd that in the next step, the Ministry of commerce will guide the green, low-carbon and sustainable development of national economic development zones and encourage qualified national economic development zones to take the lead in carbon peak and carbon neutralization, Promote the orderly and green transformation of economic and social development of national economic and technological development zones.
website of the national development and Reform Commission: recently, enterprises such as Yitai group, Mengtai group, Huineng group and Xinglong group in Inner Mongolia Autonomous Region took the initiative to reduce the selling price of 5500 kcal thermal coal pithead to less than 1000 yuan / ton. From the market monitoring, the national coal output has increased significantly recently, the coal storage in northern ports and national unified dispatching power plants has increased rapidly, the coal supply and demand situation has continued to improve, and the spot market price of coal has decreased significantly. Next, with the continuous improvement of supply and demand situation, it is expected that coal prices will accelerate the return to a reasonable level.
first finance and Economics: on November 2, the State Administration of Market Supervision issued the law enforcement guide for medical beauty advertising. The guide points out that medical beauty advertisements belong to medical advertisements, and advertisers must obtain the practice license of medical institutions according to law before they can publish or entrust to publish medical beauty advertisements. When publishing medical beauty advertisements, advertisers must obtain the examination certificate of medical advertisements according to law. The guide proposes to focus on cracking down on the following situations: violating the good social fashion, creating “appearance anxiety”, improperly associating poor appearance with negative evaluation factors such as “low energy”, “laziness” and “poverty”, or improperly associating outstanding appearance with positive evaluation factors such as “high quality”, “diligence” and “success”; Publicize the effect of diagnosis and treatment or make guaranteed commitments to the safety and efficacy of diagnosis and treatment.
financial Associated Press: according to the monitoring of the Ministry of Commerce, last week (October 25-31), the market price of Shenzhen Agricultural Products Group Co.Ltd(000061) in the national food market increased by 3.7% compared with the previous week (the same below), and the market price of means of production decreased by 2% compared with the previous week. In the food Shenzhen Agricultural Products Group Co.Ltd(000061) market, grain and oil prices rose steadily and slightly, among which the wholesale prices of rice and flour were flat, while the wholesale prices of soybean oil, rapeseed oil and peanut oil increased slightly. The rise of vegetable retail prices slowed down. The supply of vegetables in the market has gradually improved. Last week, the average retail price of 30 kinds of vegetables increased by 5.7% month on month, 2.2 percentage points lower than the previous week. The prices of some varieties that rose rapidly in the early stage fell back. The Ministry of Commerce expects that in the later stage, with the gradual increase of vegetable listing, the price increase will be further narrowed.
industry dynamics
Securities Times: the prosperity index of China’s logistics industry in October 2021 released by China Federation of logistics and procurement was 53.5%, down 0.5 percentage points from the previous month; China’s warehousing index was 54.2%, up 3.2 percentage points from the previous month. He Hui, assistant to the president of China Federation of logistics and procurement and director of China Logistics Information Center, believes that in October, although the prosperity index of China’s logistics industry fell slightly, it still remained in the boom range, indicating that due to factors such as holidays, the logistics demand of the consumer side was relatively stable, and the prosperity index of the logistics industry remained in the boom range.
first finance and Economics: recently, Li Cheng, director of the state owned assets supervision and Administration Commission of Guangdong Province, led a team to investigate the development of Guangdong rare earth industry in Guangdong rare earth group and Guangsheng group holding listed company Rising Nonferrous Metals Share Co.Ltd(600259) . Li Cheng said that it is necessary to strengthen, optimize and expand Guangdong’s rare earth industry and continuously improve its industrial leading ability. As one of the six national rare earth groups, Guangdong rare earth group should go all out to promote Guangdong’s rare earth industry to move forward to the high end of the value chain, enhance the supply capacity of medium and high-end rare earth products, and continuously extend the rare earth industry chain. At the same time, we should promote the implementation of Guangdong rare earth industry planning. We should cooperate with relevant departments to formulate the development plan of Guangdong’s rare earth industry with high standards, enhance the development potential of Guangdong’s rare earth industry, and further strengthen the role of raw materials in supporting the development of Guangdong’s manufacturing industry.
financial Associated Press: in October, China’s export container transportation market continued to improve, and the composite index continued to rise. In October, the average value of China’s export container comprehensive freight rate index released by Shanghai Shipping Exchange was 3291.25 points, an average increase of 3.7% over the previous month; The average value of Shanghai export container composite index reflecting the spot market was 4596.58 points, an average increase of 0.1% over the previous month.
interface news: China Automobile Circulation Association released the monthly report on market insight and price in October 2021. The report shows that the impact of chip supply on terminal retail is gradually increasing, the supply of key chips and parts is blocked, and the production loss is large, resulting in a shortage of vehicles, dealers have no cars to sell, and the retail downward trend is obvious.
stock market focus
China Securities Journal: on November 1, Hou Hao, deputy director of quantitative investment of China Merchants Fund, pointed out that the biomedical index has lost the market recently. In the case of high base last year, the performance differentiation of pharmaceutical enterprises was obvious in the third quarter, and the subsequent differentiation trend is expected to continue. However, the early adjustment of the pharmaceutical sector is relatively sufficient, and the valuation premium rate has dropped significantly. It is worth looking forward to the valuation switching market after the third quarterly report. Hou Hao specifically pointed out that the short-term market of pharmaceutical stocks is closely related to the performance of the third quarterly report. Medicine is still the heavy position plate of the fund in the third quarter. From the perspective of position structure, it is mainly concentrated in CXO and major subdivided leading companies. On the whole, CXO, vaccines, upstream of life sciences and some innovative pharmaceutical machinery companies performed well in the third quarterly report of this year.
first finance and Economics: Zheshang Securities Co.Ltd(601878) pointed out that the economic prosperity further declined in October, the supply and demand were weak, and the pressure for steady growth gradually increased. Dual control of energy consumption and other carbon neutralization policies make the supply of high energy consuming industrial products tight, PPI continues to rise, squeezing the profits of downstream enterprises, especially small and medium-sized enterprises. The pressure on steady growth has gradually increased. With the limited force of fiscal stimulus during the year, it is expected that the monetary policy will continue to be loose in the fourth quarter, and there will still be RRR and targeted interest rate cuts in the follow-up, thus driving the double bull of stocks and bonds.
Beijing Business Daily: the news about JD supplying flexible OLED display to iphone13 has been constantly mentioned by the media and attracted attention from all parties. On November 2, the reporter learned from the industrial chain that the news was confirmed to be true. It is understood that BOE has set up a flexible OLED panel production line for apple in the B11 factory in Mianyang. Recently, the shipment of Mianyang B11 factory has increased significantly. BOE officials did not respond to this, but according to people familiar with the matter, the new iPhone 13 screen has been successfully mass produced and shipped in BOE Mianyang production line.
China Securities Journal: November 2, lithium America Corp. Announced that it had reported to Millennium lithium Corp. Submit an unconditional offer to acquire all outstanding shares of millennium in the form of cash and equity, with a transaction price of C $470 million and a total consideration of about US $400 million. Millennium has notified Contemporary Amperex Technology Co.Limited(300750) that the offer is a higher proposal, and the matching period of ten working days has begun. During this period Contemporary Amperex Technology Co.Limited(300750) has the right to propose to modify the terms of the agreement so that the offer is no longer a priority proposal. Contemporary Amperex Technology Co.Limited(300750) responded that the matter was true. Previously, Millennium signed an agreement with Contemporary Amperex Technology Co.Limited(300750) on September 28 to acquire 100% equity of millennium with C $377 million (about RMB 1.93 billion). Millennium has two world-class lithium salt lake projects in Argentina.
subscription of new shares: Shanghai Anlogic Infotech Co.Ltd(688107) , Nanjing Vazyme Biotech Co.Ltd(688105)
new debt subscription: none
IPO: Beijing Dataway Horizon Co.Ltd(301169)
listing of new bonds: Bairun convertible bonds
company news
Haixin Foods Co.Ltd(002702) : in view of the continuous rise in costs, the product price has increased
Jiangsu Hengshun Vinegar-Industry Co.Ltd(600305) : adjust the price of some products by 5% – 15%
China Automotive Engineering Research Institute Co.Ltd(601965) : it is proposed to build China Automotive Engineering Research Institute Co.Ltd(601965) East China headquarters base project of general technology group in Suzhou New District Hi-Tech Industrial Co.Ltd(600736) district
Dongfeng Automobile Co.Ltd(600006) : in October, the total sales volume of vehicles was 13500, a year-on-year decrease of about 12%
Infund Holding Co.Ltd(002141) : holding subsidiary Zhuhai Rongsheng reduced energy by 50% from November to December
Nyocor Co.Ltd(600821) : shareholder Xinjiang Goldwind Science And Technology Co.Ltd(002202) intends to reduce the company’s shares by no more than 3%
Fujian Dongbai (Group) Co.Ltd(600693) : the controlling shareholder increased the company’s shares by 2%
Shandong Cynda Chemical Co.Ltd(603086) : shareholders plan to reduce their holdings of no more than 3% of the company’s shares
Beijing Konruns Pharmaceutical Co.Ltd(603590) : GL plans to reduce the company’s shares by no more than 2103000 shares
Arts Group Co.Ltd(603017) : signed the EPC contract of 779 million yuan software development new project
Anhui Sinonet & Xinlong Science & Technology Co.Ltd(002298) : a wholly-owned subsidiary signed a cooperation agreement with Huawei Technology Co., Ltd
Boe Technology Group Co.Ltd(000725) : paid a total of 1.359 billion yuan to buy back shares
360 Security Technology Inc(601360) : paid 139 million yuan to buy back shares today
Ping An Insurance (Group) Company Of China Ltd(601318) : repurchase amount today is 117 million yuan
data list
Shanghai and Shenzhen Stock Markets: on November 2, the three major indexes opened up and down, and the large and small indexes were divided. The Shanghai index rose, fell back and turned green, and the gem index performed strongly. In the afternoon, the three major indexes continued to fall and rebounded, and the Shanghai index once fell below the integer mark of 3500 points. As of the close, the Shanghai index fell 1.1%, the Shenzhen composite index fell 0.69% and the gem index rose 0.23%. On the disk, defense and military industry, food and beverage, semiconductor and other sectors led the increase; Steel, electricity, coal and other sectors led the decline. The turnover of the two cities exceeded one trillion yuan for the eighth consecutive trading day.
Hong Kong stocks: Hong Kong stocks opened higher and went lower. The Hang Seng Index fell 0.22%, recording six consecutive falls. The Hang Seng technology index rose 0.56%, coal, steel, oil, real estate and other sectors fell, while military stocks rose, Cssc Offshore & Marine Engineering (Group) Company Limited(600685) rose more than 10%, jiazhaoye group and Chongqing Iron & Steel Company Limited(601005) fell more than 7%, and R & F real estate fell more than 6%. Bubble Mart rose more than 15%, and the overall revenue of bubble Mart in the third quarter increased by 75% – 80% year-on-year.
Shanghai Shenzhen Hong Kong stock connect: on November 2, northbound funds bought a net 2.365 billion yuan, the fourth consecutive day. Among them, the net purchase of Shanghai Stock connect was 1.348 billion yuan and that of Shenzhen Stock connect was 1.017 billion yuan. Among the top ten traded stocks, Longi Green Energy Technology Co.Ltd(601012) , Contemporary Amperex Technology Co.Limited(300750) , China Tourism Group Duty Free Corporation Limited(601888) received net purchases of 1.295 billion yuan, 897 million yuan and 685 million yuan respectively. The net sales of Industrial Bank Co.Ltd(601166) ranked first, with an amount of 448 million yuan. Kweichow Moutai Co.Ltd(600519) and China Merchants Bank Co.Ltd(600036) were sold for 342 million yuan and 326 million yuan respectively.
dragon tiger list: on November 2, among the stocks on the list, the largest net capital inflow was Wuxi Nce Power Co.Ltd(605111) , with a net inflow of 180 million yuan on the 3rd. Data show that the stock rose 5.62% during the day and 21.85% in the past three days. Specifically, CICC Shanghai Branch bought 40.4824 million yuan on the 3rd. A total of 27 stocks were involved in the institutional participation list, of which 14 were net bought by the institution, Wuxi Nce Power Co.Ltd(605111) was the most bought, with a net inflow of 309 million yuan on the 3rd. In addition, 13 shares were sold by institutions, and Hubei Yihua Chemical Industry Co.Ltd(000422) was sold the most, amounting to 101 million yuan.
margin trading : as of November 1, the balance of two financial transactions in Shanghai and Shenzhen was 1851.484 billion yuan, an increase of 4.783 billion yuan over the previous trading day. Among them, the financing balance was 170.247 billion yuan, an increase of 4.428 billion yuan over the previous trading day; The balance of securities lending was 150.237 billion yuan, an increase of 355 million yuan over the previous trading day.
Shibor : Shibor reported 2.1260% overnight, up 9.6 basis points; Shibor reported 2.1850% in 7 days, up 1.7 basis points; Three month Shibor reported 2.4500%, up 0.1 basis points.
foreign exchange
On November 2, the central parity rate of RMB against the US dollar rose 183 basis points to 6.4009, compared with 6.4192 on the previous trading day. The onshore RMB closed at 6.3985 against the US dollar, up 47 points from the previous trading day.
property market observation
China Securities News: on November 2, Guangzhou public resources trading center listed the third round of centralized land supply plots, and the total starting price of 17 plots was about 43.4 billion yuan, which decreased significantly compared with the first two batches of centralized land supply. According to the data, in September, Guangzhou sold 23 commercial residential land for the second time in the year, with a total transaction price of 56.937 billion yuan, an average floor price of 15931 yuan / m2, an average premium rate of less than 1%, a new low in six years, and only one plot premium rate reached 15%. In the first round of land auction, a total of 8 parcels had a premium rate of more than 40%, with an average premium rate of 14.6%.
financial Associated Press: according to the latest data of Shenzhen Municipal Bureau of housing and urban rural development, a total of 1605 second-hand houses were sold in Shenzhen in October this year, with a transaction area of 150400 square meters, a year-on-year drop of 66.42%; The number of traded sets fell 9.1% month on month (MOM) compared with September, reaching a new low in recent ten years.
Securities Times: recently, 58 residents in the same city and anjuke released the October National Housing Index report in 2021. According to the report, in October 2021, the online average price of new houses in 65 cities under national key monitoring was 17462 yuan / m2, up 0.43% month on month, of which the online average price of new houses in 31 cities increased month on month. The average online listing price of second-hand houses was 16895 yuan / m2, down 0.68% month on month. The average listing price of second-hand houses increased month on month in 10 of the 65 cities in China, and the listing price decreased month on month in 8 of the 10 cities that implemented the reference price system of second-hand houses.
international information
surging news: the price rise of chip manufacturers is still rising. ADI and silicon labs (core new technology) are the latest. On November 2, the surging news reporter learned from ADI China that due to the rising cost, ADI plans to raise the price of some products from December 5, “We have experienced cost increases in all aspects of the supply chain. For example, wafer manufacturing costs have increased significantly. We have tried to minimize the impact of these increased costs on customers, but we must now reflect some of them in our pricing.”
China News Network: according to Greece’s China Greece times, according to the data recently released by the European Union Bureau of statistics, the inflation rate in the euro zone hit a 13 year high in October and is struggling with soaring energy costs, which will rise to 4.1% from 3.4% in September. The current inflation rate in the eurozone is much higher than the 2% target set by the European Central Bank. This was mainly due to the 23.5% increase in energy prices in October, compared with 17.6% in September. In the case of Greece, inflation is expected to be 3% in October and 1.9% in September.
interface news: global M & A is becoming more and more active. From January to September 2021, the M & a transaction volume increased by 92% over the same period of last year, reaching a record high of $4.3901 trillion. The funds brought by economic stimulus measures and monetary easing are flowing to enterprise mergers and acquisitions, and the restructuring of it and financial industries is active. According to the statistics of financial information company refinitiv, the number of global mergers and acquisitions increased by 29% to 46152, which increased after two years.
futures market
China Futures: most of China’s commodity futures ended lower, with iron ore and screw thread main contracts falling by the limit, glass falling by more than 9%, ferrosilicon falling by more than 7%, hot coil falling by more than 6%, power coal falling by more than 5%, urea, soda ash, manganese silicon falling by more than 4%, rubber, methanol, rapeseed meal and No. 20 rubber falling by more than 2%. Apple rose more than 5%, asphalt rose more than 4%, fuel rose more than 3%, crude oil and eggs rose more than 2%.
International Futures: oil prices in New York fell on the 2nd. The price of New York light crude oil futures for December delivery fell 14 cents to close at US $83.91 a barrel. The December gold futures price, the most active trading in the gold futures market of the New York Mercantile Exchange, fell $6.4 on the 2nd, or 0.36%, to close at $1789.4 an ounce.
overseas index
U.S. stock market: the three major indexes of U.S. stocks closed up slightly and continued to hit a record high. The S & P 500 index rose 0.37%, the Dow index rose 0.39% and the NASDAQ index rose 0.34%.
European stock market: London stock market financial times 100 stock average price index 2 closed at 7274.81, down 13.81 points or 0.19% from the previous trading day. France Paris Stock Market CAC40 index closed at 6927.03, up 33.74 points or 0.49% over the previous trading day; Germany’s Frankfurt DAX index closed at 15954.45, up 148.16 points or 0.94% from the previous trading day.
Asia Pacific Stock Market: on November 2, the Nikkei 225 index closed down 149.58 points, or 0.50%, at 29497.50. South Korea’s Kospi index closed up 34.55 points, or 1.16%, at 3013.49.
