daily collection
Xinhua News Agency: on the morning of October 26, Liu He, member of the Political Bureau of the CPC Central Committee, vice premier of the State Council and Chinese leader of the China US comprehensive economic dialogue, held a video call with us finance minister Yellen at request. The two sides had pragmatic, frank and constructive exchanges on the macroeconomic situation and bilateral and multilateral cooperation. The two sides believe that the world economic recovery is at a critical moment, and it is very important for China and the United States to strengthen macro policy communication and coordination. The Chinese side expressed concern about the lifting of tariffs and sanctions imposed by the United States and the fair treatment of Chinese enterprises. Both parties agree to continue communication.
Securities Times: on October 26, the State Council officially released the action plan for carbon peak before 2030. The action plan points out that carbon peak should be run through the whole process and all aspects of economic and social development, focusing on the implementation of the “top ten actions of carbon peak” such as the action of green and low-carbon transformation of energy, the action of energy conservation and carbon reduction and efficiency enhancement, and the action of carbon peak in the industrial field, so as to effectively do a good job in carbon peak work in an orderly manner, and clarify the objectives and tasks of various regions, fields and industries, We will accelerate the green transformation of production and lifestyle, promote economic and social development, build on the basis of efficient utilization of resources and green and low-carbon development, and ensure that the goal of reaching the carbon peak by 2030 is achieved on schedule.
China Fund News: on October 26, three new funds raised by the public, including RONGTONG, Jiutai and ChuangJin Hexin fund, issued the “announcement that the fund contract cannot take effect”, setting off a small climax of the failure of the issuance of new funds. After the failure of the above three new funds, the number of failed funds increased to 28 this year, approaching the sum of the bear market in 2018. In recent years, the total number of failed funds has also reached 114, and the failure of new fund raising is becoming more and more normal.
CCTV news: the military equipment work conference was held in Beijing from October 25 to 26. General secretary of the CPC Central Committee, President of the state and chairman of the Central Military Commission Xi Jinping gave important instructions and extended sincere greetings to the delegates and all comrades on the weapons and equipment front. The meeting summarized the construction of weapons and equipment during the 13th Five Year Plan period, deployed the tasks of weapons and equipment construction during the 14th Five Year Plan period, and studied and discussed the construction of a modern management system of weapons and equipment.
macroeconomic
Securities Times: Shenzhen plans to accelerate the cultivation and growth of market players: optimize the cultivation system of Unicorn enterprises. Provide “service resource package” support, build open collaborative docking platforms such as government, warehousing enterprises, investment or service institutions, and customize the support focus and direction around the growth needs of warehousing enterprises. Provide efficient and multi-level financing support. Encourage state-owned venture capital institutions to actively participate in the cultivation and incubation of warehousing enterprises. Support municipal state-owned assets to participate in Unicorn projects that meet the industrial development direction of our city, and the qualified quantifiable investment can be regarded as the same as the assessment profit. Support the listing and trading of Unicorn enterprises, assist overseas listed Unicorn enterprises to return to the domestic market, and strive for the settlement of overseas Unicorn enterprises.
Securities Times Network: the general office of the national development and Reform Commission issued a notice on matters related to organizing power grid enterprises to purchase electricity. After canceling the sales price of industrial and commercial catalogue, users of 10kV and above should directly participate in market transactions in principle. If they are unable to directly participate in market transactions for the time being, power grid enterprises can purchase electricity on their behalf. Other industrial and commercial users are encouraged to directly participate in market transactions. If they do not directly participate in market transactions, power grid enterprises shall purchase electricity on behalf of them. From January 2022, power grid enterprises purchase electricity on behalf by participating in on-site Centralized Trading (excluding matching trading), and participate in the market clearing in the way of reporting volume without quotation as the price recipient. If the listing trading method is adopted, the price will continue to be determined according to the weighted average price of monthly centralized bidding trading in the current month.
e company: China Coal Industry Association released the coal economic operation in the first three quarters of 2021: in the first three quarters, China’s coal and carbon consumption maintained a rapid growth trend under the influence of multiple factors such as sustained and stable macroeconomic recovery, strong seasonal coal demand and poor hydropower output. On the premise of ensuring safety, the coal industry has gone all out to increase coal production, ensure supply and stabilize prices, steadily release high-quality coal production capacity, gradually improve coal production, and continuously narrow the decline in coal imports. Overall, the supply and demand of the coal market is tight and the price fluctuates at a high level.
first finance and Economics: the Ministry of Commerce, the central network information office and the development and Reform Commission issued the “14th five year plan” for e-commerce development. The goal is to achieve remarkable results in the high-quality development of China’s e-commerce by 2025. New business forms and models of e-commerce are booming, the core competitiveness of enterprises has been greatly enhanced, online retail continues to lead consumption growth, and a high-quality digital lifestyle has been basically formed.
industry dynamics
CISA: in September, the total output of raw iron ore in the top seven major ore producing provinces of Hebei, Liaoning, Sichuan, Shanxi, Inner Mongolia, Anhui and Xinjiang reached 71.9255 million tons, an increase of 347300 tons or 0.5% over the previous month; An increase of 12.1195 million tons over the same period last year, a year-on-year increase of 20.3%; The iron ore output of the seven major ore producing provinces accounted for 84.9% of the country’s total output, an increase of 3.5 percentage points over the same period last year.
CCTV news: China Tourism Research Institute recently released the annual report on China’s tourism development 2021. In 2021, China’s tourism economy will show a step-by-step recovery and fluctuating recovery. The number of tourists in China will reach 3.915 billion, and China’s tourism revenue will reach 3.31 trillion yuan, up 36% and 48% respectively year-on-year, returning to 65% and 58% of the level in the same period in 2019 respectively.
China Central Television finance and Economics: recently, the price of traditional Chinese medicine has increased significantly, and the price increase of some varieties has even reached 200% to 300%. The Lotus Pond Chinese herbal medicine market in Chengdu, Sichuan Province is one of the 17 national large-scale professional Chinese herbal medicine markets. The reporter walked into the market early in the morning and saw a rich variety of medicinal materials. Citizens who came to purchase found that there were some abnormalities in the market recently. Many businesses closed early, and the price of medicinal materials rose sharply. It is understood that nearly 80% of traditional Chinese medicine materials on the market have increased in price to varying degrees.
Xinhua News Agency: the national large-scale wind power photovoltaic base project recently started construction in Hainan Tibetan Autonomous Prefecture and Haixi Mongolian Tibetan Autonomous Prefecture of Qinghai Province. The total installed capacity of these new energy projects is 10.9 million KW, which is part of the first phase of 100 million KW large-scale wind power photovoltaic base project recently started in China. The large-scale wind power photovoltaic base projects started this time include 8 local consumption projects and 7 phase II export projects of Qingyu DC project. By energy category, 8 million kilowatts of photovoltaic power, 2.5 million kilowatts of wind power and 400000 kilowatts of photothermal power. With a total investment of more than 65 billion yuan, these projects will be completed successively by the end of 2023.
stock market focus
surging news: at noon on October 26, Byd Company Limited(002594) told surging news reporters that ” Byd Company Limited(002594) will not comment on this news.” Earlier on the 26th, Byd Company Limited(002594) replied surging on the matter, and the reporter said that “internal verification is under way”. On the evening of October 25, a price adjustment contact letter dated October 25 circulated on the Internet. The letter said that due to market changes and superimposed power and production restrictions, the raw materials of lithium batteries continued to rise in 2021. Compared with December 2020, the price of cathode material LiCoO2 increased by more than 200%, the price of electrolyte increased by 150%, and the supply of cathode materials continued to be tight, resulting in a significant increase in the comprehensive cost.
China Securities Network: on October 26, Huafu Fund pointed out that it continued to be optimistic about the investment value of rare metals. Rare metals are the upstream of new economy such as new energy. Under the background of “carbon peak” and “carbon neutralization”, the new energy sector will continue to maintain a high boom, resulting in a stable demand for rare metal resources. In terms of supply, resource products such as rare earth and lithium continue to be limited due to policy control and capacity constraints. Under the background of demand boom and supply constraints, the price of rare metals is expected to usher in a bull market, which is good for the fundamental performance of Listed Companies in the long term, and also makes the performance of the secondary market of rare metals plate predictable.
first finance and Economics: at noon on the 26th, a screenshot of the circle of friends with a remark entitled ” Nuode Investment Co.Ltd(600110) Vice President Chen Yubi” became the focus of the market. “Chen Yubi, vice president of Nuode Investment Co.Ltd(600110) “, wrote: “please support Nord. The market value of next year is not 50 billion, and I sincerely apologize.”. In response, Nuode Investment Co.Ltd(600110) Securities Department responded to the first financial reporter that the screenshot company did not deny it, but the screenshot content was only Chen Yubi’s personal circle of friends. Nuode Investment Co.Ltd(600110) did not give a direct reply on whether the company is full of expectations for a market value of 50 billion. On the evening of the 26th, the company issued a clarification announcement that Chen Yubi, deputy general manager of the company, made a mistake when setting up a wechat circle of friends to be visible to a few friends, mistakenly sent relevant information about the expectation of the company’s future market value, and distributed his personal speech Poster in a past meeting. After he found it, he immediately deleted it in a short time.
e company: Contemporary Amperex Technology Co.Limited(300750) disclosed the stock option and restricted stock incentive plan on the evening of October 26. Among them, the four exercise performance assessment objectives of the stock options granted for the first time and reserved for grant by some middle managers (exercised in four phases) are: the operating income value in 2021 is not less than 105 billion yuan; The cumulative operating income value in the two years from 2021 to 2022 shall not be less than 240 billion yuan; The cumulative operating revenue in the three years from 2021 to 2023 shall not be less than 410 billion yuan; The cumulative operating revenue in the four years from 2021 to 2024 shall not be less than 620 billion yuan.
subscription of new shares: none
subscription of new bonds: Saiwu convertible bonds
IPO: Shareate Tools Ltd(688257) , Jing-Jin Electric Technologies Co.Ltd(688280) , Xinxiang Tuoxin Pharmaceutical Co.Ltd(301089) , Jiusheng Electric Co.Ltd(301082) , Zhejiang Sunrise Garment Group Co.Ltd(605138)
new bond listing: none
company news
Anhui Huaqi Environmental Protection&Technology Co.Ltd(300929) : it is proposed to transfer 6.67% equity of Anze environment
Truking Technology Limited(300358) : Liu Ling’an, director of the securities market, was filed by the CSRC on suspicion of manipulating the securities market
Enn Natural Gas Co.Ltd(600803) : intends to purchase 90% equity of ENN Zhoushan and consolidate its leading position in the natural gas field
Everbright Securities Company Limited(601788) : government subsidies are expected to increase the company’s net profit by 186 million yuan
* ST Zhongtai: 2 billion restructuring investment has been fully paid
Ganfeng Lithium Co.Ltd(002460) : the net profit in the third quarter increased by 506.99% year-on-year, and the volume and price of lithium salt products increased simultaneously
Goertek Inc(002241) : the net profit in 2021 increased by 49% – 59% year-on-year
Aluminum Corporation Of China Limited(601600) : the net profit in the third quarter increased by 429.93% year-on-year. Gao Yi entered the list of top ten shareholders
Iflytek Co.Ltd(002230) : net profit in the first three quarters increased by 31.48% year-on-year
Ingenic Semiconductor Co.Ltd(300223) : third quarter net profit increased by 2459.8% year-on-year
Hoshine Silicon Industry Co.Ltd(603260) : the net profit in the third quarter was 2.63 billion yuan, a year-on-year increase of 875.66%
Henan Shuanghui Investment & Development Co.Ltd(000895) : net profit in the third quarter decreased by 51.73% year-on-year. More than ten Star Funds withdrew from the list of top ten shareholders
Jiangsu Yanghe Brewery Joint-Stock Co.Ltd(002304) : the net profit in the third quarter was 1.551 billion yuan, a year-on-year decrease of 13.1%
Shandong Nanshan Aluminium Co.Ltd(600219) : it is proposed to repurchase shares of RMB 800 million to RMB 1.6 billion to reduce the registered capital
data list
Shanghai and Shenzhen Stock Markets: on the 26th, the three indexes opened slightly higher, maintained a narrow shock in the morning, plunged slightly in the afternoon and turned green collectively. The turnover of the two markets exceeded one trillion yuan for the third consecutive trading day. As of the close, the Shanghai index fell 0.34%, the Shenzhen composite index fell 0.30% and the gem index fell 0.33%. On the disk, the consumer electronics sector led the rise, Gettopacoustic Co.Ltd(002655) , Lingyi Itech (Guangdong) Company(002600) trading limit was closed, the gains of cobalt, rare earth permanent magnet, lithium battery and other sectors narrowed, the concepts of education and cro continued to weaken in the afternoon, and the phosphorus chemical industry and cloud game sectors were sluggish all day.
Hong Kong stocks: Hang Seng Index fell 0.36% and Hang Seng technology index fell 1.34%. Auto stocks, aviation stocks and Tesla concept stocks rose, and Xiaopeng auto rose more than 8%; Evergrande concept and internal housing stocks fell, with China Evergrande falling more than 4% and rongchuang China falling more than 7%.
Shanghai Shenzhen Hong Kong stock connect: on October 26, the net capital inflow from the North was 845 million yuan, of which the net outflow from Shanghai Stock connect was 1.443 billion yuan and the net inflow from Shenzhen Stock connect was 2.288 billion yuan. Among the top ten traded stocks, Contemporary Amperex Technology Co.Limited(300750) , Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) , Guangzhou Tinci Materials Technology Co.Ltd(002709) were among the top three, with net purchases of 753 million yuan, 331 million yuan and 250 million yuan respectively. The net sales of China Vanke Co.Ltd(000002) , Ping An Insurance (Group) Company Of China Ltd(601318) , Kweichow Moutai Co.Ltd(600519) ranked among the top three, with net sales of 821 million yuan, 321 million yuan and 309 million yuan respectively.
dragon tiger list: on October 26, among the stocks on the list, the largest net capital inflow was Wuhu Token Sciences Co.Ltd(300088) , with a net inflow of 719 million yuan on the 3rd. Data show that the stock rose 13.66% during the day and 31% in the past three days. Specifically, Shenzhen Stock connect bought 444 million yuan on the 3rd. A total of 26 stocks were involved in the institutional participation in the dragon and tiger list, of which 12 were net bought by the institution, Cangzhou Mingzhu Plastic Co.Ltd(002108) was the most bought, with a net purchase of 163 million yuan on the 3rd. In addition, 14 shares were sold by institutions, and Suzhou Dongshan Precision Manufacturing Co.Ltd(002384) was sold the most, amounting to 89.0736 million yuan.
margin trading : as of October 25, the balance of two financial transactions in Shanghai and Shenzhen was 1868.783 billion yuan, an increase of 7.807 billion yuan over the previous trading day. Among them, the financing balance was 1705.513 billion yuan, an increase of 6.824 billion yuan over the previous trading day; The balance of securities lending was 163.27 billion yuan, an increase of 983 million yuan over the previous trading day.
Shibor : Shibor reported 1.5460% overnight, down 6.40 basis points; Shibor reported 2.2620% in 7 days, up 1.90 basis points; Three month Shibor reported 2.4430%, up 0.50 basis points.
foreign exchange
On October 26, the central parity rate of RMB against the US dollar rose 34 basis points to 6.3890, compared with 6.3924 in the previous trading day. The onshore RMB closed at 6.3812 against the US dollar, down 2 points from the previous trading day.
property market observation
financial Associated Press: recently, a “pilot scheme for real estate tax collection in Shenzhen” was circulated on the Internet. The contents of the scheme include that the exemption object is family, and the housing below 60 square meters per capita is exempted; For 2 houses, the part exceeding the per capita living area of 60 square meters shall be verified and levied according to the tax of 1.5% of the assessed value of the housing market / year. In this regard, relevant people from Shenzhen housing and Urban Rural Development Bureau said that the pilot scheme of collection was untrue.
e company: the Ministry of housing and urban rural development and the emergency management department issued a notice on strengthening the planning and construction management of super high-rise buildings. The circular pointed out that all localities should strictly control the construction of new super high-rise buildings. Generally, super high-rise residential buildings shall not be built. Cities with a permanent resident population of less than 3 million in the urban area shall strictly restrict the construction of super high-rise buildings of more than 150 meters and shall not build super high-rise buildings of more than 250 meters. Cities with a permanent resident population of more than 3 million in the urban area shall strictly restrict the construction of super high-rise buildings of more than 250 meters and shall not build super high-rise buildings of more than 500 meters.
international information
interface news: South Korea’s Ministry of industry, trade and resources and the customs office said on the 26th that South Korea’s total import and export trade this year had exceeded US $1 trillion as of 1:53 p.m. that day, breaking the record of US $1 trillion in the shortest time. Among them, the export trade volume was 512.2 billion US dollars and the import was 487.8 billion US dollars. From the perspective of major export items, semiconductor exports accounted for the largest proportion, with us $98.3 billion.
interface news: Mario merlen, President of winterhall, Germany, predicts that if there is a cold winter, the price of natural gas in Europe will rise, but he is not worried about the problem of insufficient supply in the market. Earlier, Francisco stares, general manager of the Italian state power company, said that the European energy crisis is temporary, but will promote the acceleration of energy transformation.
financial Associated Press: on the 26th, the annual meeting of the Asian infrastructure investment bank (aiib) was held in the United Arab Emirates. The aiib announced that it would adjust its business in accordance with the objectives of the Paris agreement before July 1, 2023. The aiib currently estimates that by 2030, the cumulative approved amount of climate financing will reach US $50 billion. This figure will be four times the climate financing commitment announced by the Asian investment bank in 2019.
futures market
China Futures: China commodity futures closed with mixed gains and losses. The main contract of red jujube fell by the limit, Zheng coal fell by more than 7%, ferrosilicon fell by more than 6%, PVC fell by more than 3%, EB and soda ash fell by more than 1%, and pulp and peanuts fell slightly; Iron ore and Zheng you rose by more than 3%, NR and Shanghai nickel rose by more than 2%, corn and apple rose by more than 1%, and white sugar and thread rose slightly.
International Futures: oil prices in New York rose on the 26th. The price of New York light crude oil futures for December delivery rose US $0.89 to close at US $84.65 a barrel. The December gold futures price, the most actively traded in the gold futures market of the New York Mercantile Exchange, fell $13.4 on the 26th, or 0.74%, to close at $1793.4 an ounce.
overseas index
U.S. stock market: the three major stock indexes of New York stock market rose on the 26th, of which the Dow index rose 0.04%, the S & P index rose 0.18% and the NASDAQ index rose 0.06%.
European stock market: the financial times 100 stock average price index 26 of London stock market closed at 7277.62, up 54.80 points or 0.76% from the previous trading day. France Paris Stock Market CAC40 index closed at 6766.51, up 53.64 points or 0.80% over the previous trading day; Germany’s Frankfurt DAX index closed at 15757.06, up 157.83 points or 1.01% from the previous trading day.
Asia Pacific stock markets: on October 26, the Nikkei 225 index closed up 1.77% to 29106.01. South Korea’s Kospi index closed up 28.54 points, or 0.94%, at 3049.08.
