daily collection
interface news: Li Keqiang presided over the executive meeting of the State Council. The meeting pointed out that we should adhere to expanding opening to the outside world, give play to the advantages of China’s big market, strengthen the attraction of foreign capital, and encourage more foreign capital to participate in China’s development through the bond market. The meeting decided to extend the implementation period of the policy of exemption from enterprise income tax and value-added tax on bond interest income obtained by overseas institutional investors investing in the domestic bond market to the end of the 14th five year plan, that is, the end of 2025. The meeting required that relevant departments should do a good job in filing with the Standing Committee of the National People’s Congress according to law and regulations, strengthen market supervision and curb illegal acts such as market manipulation.
Xinhua News Agency: the Information Office of the State Council issued a white paper on China’s policies and actions to deal with climate change on the 27th. According to the white paper, as the world’s largest developing country, China has implemented a series of strategies, measures and actions to deal with climate change and achieved positive results. In 2020, China’s carbon emission intensity decreased by 18.8% compared with that in 2015, exceeding the binding goal of the 13th five year plan, and basically reversing the rapid growth of carbon dioxide emissions. China’s share of non fossil energy in total energy consumption has increased to 15.9%, becoming the world’s largest new photovoltaic market for eight consecutive years.
China Central Television finance and Economics: because China’s epidemic situation is properly controlled, China’s manufacturing industry has rapidly restored production capacity. Factories once transferred to Southeast Asia and other places have begun to return to China. The orders of many Chinese foreign trade enterprises have also increased significantly. The direct benefit of hot orders is the cross-border material flow. With the sharp increase of orders, the logistics cost has also risen all the way. The reporter learned that for sellers, the logistics cost in the past did not exceed 10% of the overall sales, but now it has accounted for at least 30% – 35%. Some urgent cargo air transportation needs almost 60%, and the cost is extremely high.
first finance and Economics: the National Bureau of Statistics said that the profits of Industrial Enterprises above Designated Size maintained a good growth trend in the third quarter, but factors such as high commodity prices and insufficient unimpeded supply chain affected the continuous recovery of enterprise profits. At the same time, the imbalance of profits between upstream and downstream industries is more prominent, and the basis for the recovery of industrial enterprises’ benefits still needs to be further consolidated. Next, in accordance with the decision-making and deployment of the Party Central Committee and the State Council, we should pay close attention to the normalization of epidemic prevention and control, maintain the continuity and stability of macro policies, do a good job in cross cycle economic regulation, stabilize commodity prices, continue to expand domestic demand, promote transformation and upgrading, stimulate the vitality of market players, and ensure that the industrial economy operates within a reasonable range.
macroeconomic
Ministry of industry and information technology: the information and communication administration of the Ministry of industry and information technology held an administrative guidance meeting. The meeting required that, first, the e-commerce platform should immediately and comprehensively check and correct the SMS marketing behavior of retail, finance and other related products, and should not send marketing SMS spontaneously without the consent or request of consumers, so as to improve the existing SMS marketing plan, Report the progress of stage work to the industry competent department in time. Second, relevant basic telecom enterprises and short message service enterprises should immediately improve the management system and technical means, strengthen the access management of short message port, standardize the use of short message signature, do not access illegal sublease resources, do not expand the scope of signature use, and promote normalized governance through “looking back”. Third, 12321 network defect and spam information reporting and acceptance center should strengthen the acceptance of spam information complaints, clue transfer, monitoring and analysis, give play to the role of “wind vane” and report any emerging problems in time.
interface news: the market-oriented reform of electricity price entered the specific operation and implementation stage on the 27th. From today, all industrial and commercial enterprises buy electricity, bid farewell to the government catalog electricity price that has been used for many years, and adopt the market-oriented electricity price that fluctuates up and down with the on grid electricity price of coal power. The market-oriented electricity price will fluctuate up and down with the coal power on grid price. At present, the coal power on grid price is composed of “benchmark price + 20% up and down fluctuation”. The supply and demand sides determine through power market transactions, and the price fluctuation of high energy consuming enterprises is not limited by 20%.
financial Associated Press: according to the weekly price monitoring report of the national Shenzhen Agricultural Products Group Co.Ltd(000061) wholesale market of the Ministry of agriculture and rural areas, from October 15 to October 22, the average price of 19 kinds of vegetables in 286 wholesale markets in China was 4.87 yuan / kg, an increase of 11.6% over the previous week and 27.4% year-on-year. Among the 19 vegetable prices monitored, cauliflower, eggplant, spinach, beans and celery led the rise, with a month on month increase of more than 16%.
China Securities News: on October 27, the reporter interviewed Boc International (China) Co.Ltd(601696) global chief economist Guan Tao on the recent trend of RMB exchange rate. Guan Tao said that factors such as the correction of the US dollar are the main reasons for the short-term appreciation of the RMB exchange rate. Next, the trend of RMB exchange rate will continue to depend on factors such as market supply and demand, China’s economic fundamentals and changes in the international financial market. It is possible to appreciate or depreciate. It is inevitable that the exchange rate is uncertain. It will still be normal to rise and fall and two-way fluctuations.
industry dynamics
Securities Times Network: in order to ensure the stable operation of economy and society, ensure the safe supply of energy and ensure the warmth of the people through the winter, Jinneng holding group promises that the price of 5500 kcal power coal pit this winter and next spring will not exceed 1200 yuan / ton. It is reported that since the fourth quarter, in the face of the tight energy supply situation outside China, Jinneng Holdings Group has actively fulfilled the social responsibilities of state-owned enterprises in accordance with the decisions and arrangements of the Party Central Committee, the State Council, the Shanxi provincial Party committee and the provincial government, and implemented the coal supply guarantee tasks of six provinces and cities, power generation and heating enterprises in Northeast China 1 / 4 of the annual power coal long-term association and other power coal supply guarantee tasks.
Economic Daily: promoting the real estate industry under the background of common prosperity will develop more stably and healthily. The real estate policy will focus on preventing risks, protecting rigid needs, emphasizing security, adjusting distribution and so on. Real estate has a large industry scale. Although it bid farewell to the excessive growth rate, it will still play an important role in promoting economic development, and there is still broad structural development space in Housing leasing, urban renewal, transformation of old communities, etc.
first finance and Economics: according to the data analysis published by the General Administration of Customs compiled by China Automobile Industry Association, a total of 754000 vehicles were imported in the first three quarters of 2021, a year-on-year increase of 21.9%; The import amount of finished vehicles was US $41.73 billion, a year-on-year increase of 39.1%. A total of 1.492 million vehicles were exported, a year-on-year increase of 1.1 times; The export value was US $24.04 billion, a year-on-year increase of 1.2 times.
e company: Shanghai printed and distributed the 14th five year plan of Shanghai for comprehensively promoting urban digital transformation. The plan proposes to build a high-end low-carbon computing power cluster. Build a high-performance collaborative computing ecosystem composed of super large data centers, large and medium-sized data centers and edge data centers. Promote the integrated and intensive layout of data center storage and computing, and accelerate the construction of a Shanghai hub node of the national integrated big data center system. Implement the computing efficiency plan, build a high-performance computing system, build an artificial intelligence accelerator system, and promote the construction of an edge computing resource pool integrating content, network, storage and computing. Build a global data center and provide public services for international data circulation.
stock market focus
Shanghai Securities News: the disclosure of the third quarter report of public funds was completed, Contemporary Amperex Technology Co.Limited(300750) surpassed Kweichow Moutai Co.Ltd(600519) and became the number one heavy position stock of the fund. According to Tianxiang statistics, a total of 1225 funds held Contemporary Amperex Technology Co.Limited(300750) heavy positions, with a market value of 117.1 billion yuan by the end of the third quarter. 1217 funds hold Kweichow Moutai Co.Ltd(600519) heavy positions, with a market value of 109.2 billion yuan. Wuxi Apptec Co.Ltd(603259) , Wuliangye Yibin Co.Ltd(000858) and Hangzhou Hikvision Digital Technology Co.Ltd(002415) also entered the list of the top five heavy positions of the fund.
surging news: on the evening of October 27, Ping An Insurance (Group) Company Of China Ltd(601318) released the third quarterly report of 2021, which showed that in the first three quarters of this year, Ping An Insurance (Group) Company Of China Ltd(601318) realized an operating profit of 118.737 billion yuan attributable to the shareholders of the parent company, a year-on-year increase of 9.2%; The net profit attributable to the shareholders of the parent company was 81.638 billion yuan, a year-on-year decrease of 20.8%, which was mainly affected by the company’s impairment provision of China Fortune Land Development Co.Ltd(600340) related investment assets and other adjustments.
first finance and Economics: Luxshare Precision Industry Co.Ltd(002475) disclosed the third quarterly report. The net profit in the first three quarters was 4.69 billion yuan, a year-on-year increase of 0.21%, of which the net profit in the third quarter was 1.6 billion yuan, a year-on-year decrease of 25.28%. During the reporting period, the external environment continued to be complex and changeable. In addition to the continuous and repeated epidemic at home and abroad, factors such as the shortage of upstream materials, the rise of prices, the decline of transportation capacity and the rise of transportation costs also had a certain impact on the profitability of the company and the shipment of some products.
Haitong Securities Company Limited(600837) : strategically, the mainstream funds in the recent market still show the characteristics of stock operation, and the new energy sector with carbon emission reduction as the core has become one of the few sustainable hot spots. As a result, with the support of policies and the financial support of relevant financial institutions, there are many fine molecule industries in this sector, including some varieties whose valuation has long-term advantages and has not been greatly hyped, which also enables the stock funds in the market to continuously switch the hype hot spots under the concept of carbon emission reduction, It is expected that this main line will be continuously explored in the next market, and investors can also pay close attention to the opportunities, or one key layout in the form of industry ETF. In terms of specific operation, due to the weak overall market, cautious investor mentality and obvious characteristics of stock game, it is recommended to find varieties with medium-term safety margin, such as some fine-grained industries with valuation advantages in the new energy sector.
subscription of new shares: none
subscription of new bonds: Hongfa convertible bonds
IPO: Liaoning Chengda Biotechnology Co.Ltd(688739) , Rumere Co.Ltd(301088)
new bond listing: none
company news
Montnets Cloud Technology Group Co.Ltd(002123) : subsidiary won the bid for China Mobile Internet procurement project
Poly Union Chemical Holding Group Co.Ltd(002037) : poly Xinlian plans to increase its capital by no more than 300 million yuan to attract investors
* ST Dexin: the business scale of automatic cutting mould for high-precision lithium battery is still small
Inner Mongolia Yili Industrial Group Co.Ltd(600887) : acquired 34.33% equity of Aoyou dairy and triggered a comprehensive offer
Anhui Estone Materials Technology Co.Ltd(688733) : it is planned to invest 350 million yuan to build an electronic material production base
Amlogic (Shanghai) Co.Ltd(688099) : the net profit in the third quarter increased by 411.68% year-on-year, and the shipment of smart set-top box chips increased significantly
Yunnan Baiyao Group Co.Ltd(000538) : the net profit in the third quarter was 649 million yuan, a year-on-year decrease of 63.94%
Hebei Hengshui Laobaigan Liquor Co.Ltd(600559) : the net profit in the third quarter increased by 8% year-on-year. Jiawo group withdrew from the list of top ten shareholders
Anhui Kouzi Distillery Co.Ltd(603589) : net profit in the third quarter increased by 22.7% compared with the previous year, the proportion of Baijiu liquor in China Merchants Group reached 4.8%.
Anhui Yingjia Distillery Co.Ltd(603198) : net profit in the third quarter increased by 86% compared with the increase in Baijiu investment
Beijing Tieke Shougang Railway-Tech Co.Ltd(688569) : won the bid for 449 million yuan railway construction materials bidding project
Shanghai Anoky Group Co.Ltd(300067) : the Secretary of the board of directors plans to increase shares by 20 million to 40 million yuan
Wuxi Autowell Technology Co.Ltd(688516) : Wuxi Huaxin and others plan to reduce their holdings of no more than 3% of the company’s shares
Healthcare Co.Ltd(603313) : it is proposed to raise 1.286 billion yuan to accelerate the global layout
data list
Shanghai and Shenzhen Stock Markets: on the 27th, the three major indexes collectively opened low, continued to fall in the morning, maintained a low and volatile trend in the afternoon, and the transaction volume of the two markets exceeded one trillion yuan for the fourth consecutive trading day. As of the close, the Shanghai index fell 0.98%, the Shenzhen composite index fell 1.09% and the gem index fell 0.56%. On the disk, electricity, hotel catering, electrical equipment and other sectors led the increase; Coal, culture, education and leisure, papermaking, household appliances and other sectors led the decline.
Hong Kong stocks: Hang Seng Index fell 1.57% and Hang Seng technology index fell 3.19%. The education sector fell sharply, and Yuhua education fell nearly 20%. Most technology stocks fell, with BiliBili and meituan down more than 5%. New energy power stocks rose against the trend, Xinjiang Goldwind Science And Technology Co.Ltd(002202) rose nearly 12%, and Huaneng Power International Inc(600011) power rose more than 7%. Skyworth Group rose by more than 59%, and the company’s net profit in the first three fiscal quarters was 763 million yuan, a year-on-year increase of 40%.
Shanghai Shenzhen Hong Kong stock connect: on October 27, northbound funds sold a net 3.043 billion yuan, ending net purchases for six consecutive days; Among them, the Shanghai Stock connect net bought 846 million yuan and the Shenzhen Stock connect net sold 3.889 billion yuan. Among the top ten traded stocks, Guangzhou Tinci Materials Technology Co.Ltd(002709) , Ganfeng Lithium Co.Ltd(002460) , Longi Green Energy Technology Co.Ltd(601012) purchases ranked among the top three, with net purchases of 660 million yuan, 430 million yuan and 406 million yuan respectively. The net sales of Midea Group Co.Ltd(000333) , Gree Electric Appliances Inc.Of Zhuhai(000651) , East Money Information Co.Ltd(300059) ranked among the top three, with net sales of 1.769 billion yuan, 1.616 billion yuan and 756 million yuan respectively.
dragon and tiger list: on October 27, among the stocks on the list, the largest net capital inflow was Guangzhou Tinci Materials Technology Co.Ltd(002709) , with a net inflow of 1.649 billion yuan on the 3rd. Data show that the stock rose 8.21% in the day and 21.88% in the third day. Specifically, Shenzhen Stock connect bought a net 1.558 billion yuan on the 3rd. A total of 34 stocks were involved in the institutional participation in the dragon and tiger list, of which 14 were net bought by the institution, Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) was the most bought, amounting to 497 million yuan. In addition, 20 shares were net sold by institutions, Nyocor Co.Ltd(600821) was the most sold, with a net sales of 312 million yuan on the 3rd.
margin trading : as of October 26, the balance of two financial transactions in Shanghai and Shenzhen was 1870.534 billion yuan, an increase of 1.751 billion yuan over the previous trading day. Among them, the financing balance was 1708.43 billion yuan, an increase of 2.917 billion yuan over the previous trading day; The balance of securities lending was 162.104 billion yuan, a decrease of 1.166 billion yuan compared with the previous trading day.
Shibor : Shibor reported 1.9210% overnight, up 37.5 basis points; Shibor reported 2.2680% in 7 days, up 0.6 basis points; Three month Shibor reported 2.4450%, up 0.2 basis points.
foreign exchange
On October 27, the central parity of RMB was reported at 6.3856, up 34 points, and the central parity of the previous trading day was reported at 6.389. The onshore RMB closed at 6.3934 against the US dollar, down 122 points from the previous trading day.
property market observation
China Securities Network: according to the Shanghai Real Estate Trading Center, the Shanghai Real Estate Trading Center issued a notice on October 26 that in order to continuously optimize the business environment, further promote the “one network” of government services, let more information run and less people run errands, so as to facilitate the online signing of stock housing sales contracts for the people, On October 26, 2021, the stock housing service will be opened in “one network office”. The buyer and the seller have not signed a contract online through intermediary transactions.
surging news: on October 27, a news about “Shanghai has begun to provide price guidance to the rental market” spread on the Internet. According to the online news, “I was informed by the chain today that the rental price has been guided. If the market price is 6000 yuan, it is stipulated that I can only rent about 5000, either rent or get off the shelf”. In this regard, the chain responded that it had not received the relevant notice.
international information
interface news: on October 27, State Councilor Wang Yi and foreign minister gave a written interview to the Greek news during his visit to Greece. Wang Yi pointed out that one belt, one road, is the outstanding achievement of Sino Greek shipping cooperation. COSCO Piraeus port project has become a model for the cooperation between China and Greece and China and Europe in building a “one belt and one way” cooperation. With the joint efforts of both sides, Belgium and Hong Kong have rapidly developed into the largest port in the Mediterranean, created more than 3000 direct jobs, directly contributed more than 1.4 billion euros to the society, and made positive contributions to the economic development of Greece.
China Fund News: one of the world’s largest pension companies decided to sell all fossil energy (coal, oil and natural gas) with assets of 15 billion euros (about 111.2 billion yuan) in more than a year. This is the most radical and direct measure taken by the global investment industry to deal with climate issues. It is also a large-scale single divestment of major pensions in the world. The Dutch public sector pension (ABP), which manages assets of about 530 billion euros (about 3.9 trillion yuan), made this decision, which showed the investment community the determination of asset groups on carbon neutrality.
interface news: the antitrust bureau of the Russian Federation launched an investigation into apple because the software in the Apple App store did not inform consumers of other payment methods, so Apple may face operational fines. At the end of August this year, the antimonopoly Bureau of the Russian Federation announced that Apple was abusing its dominant position in the application market and did not inform consumers of other more preferential payment methods for goods.
futures market
China Futures: China commodity futures closed, with most varieties falling, coal and chemical industry leading the decline. The main contracts of Zheng coal, coke, coking coal, Zheng alcohol, ferrosilicon, PVC and eg fell by the limit, manganese silicon and urea fell by more than 7%, jujube and LPG fell by more than 6%, EB and Shanghai aluminum fell by more than 4%, eggs and threads fell by more than 3%, Shanghai nickel and Shanghai zinc fell by more than 2%, Shanghai copper Glass fell by more than 1%, while beans and corn fell slightly; Only a few varieties such as pigs and sugar closed up.
International Futures: international gold prices rose. The December gold futures price, the most active trading in the gold futures market of the New York Mercantile Exchange, rose by US $5.4 on the 27th compared with the previous trading day to close at US $1798.8 per ounce, or 0.30%. International oil prices fell significantly. The light crude oil futures price for December delivery on the New York Mercantile Exchange fell by US $1.99 to close at US $82.66 a barrel, down 2.35%; London Brent crude oil futures for December delivery fell US $1.82, or 2.11%, to US $84.58 a barrel.
overseas index
U.S. stock market: the three major U.S. stock indexes rose and fell each other. The Dow Jones index fell 266.19 points, or 0.74%, to 35490.69; The NASDAQ index rose 0.13 points, or 0.0008%, to 15235.84 points; The S & P 500 index fell 23.11 points, or 0.51%, to 4551.68.
European stock markets: European stock markets fell across the board. The UK FTSE 100 index closed at 7253.27, down 24.35 points or 0.34% from the previous trading day; France CAC40 index closed at 6753.52, down 12.99 points or 0.19% from the previous trading day; Germany DAX30 index closed at 15705.81, down 51.25 points or 0.33% from the previous trading day.
Asia Pacific stock markets: on October 27, the Nikkei 225 index closed down 0.03% to 29098.24 points. The Korea composite index fell 0.77% to 3025.49.
