daily collection

financial Associated Press: the reporter learned from insiders that recently, the central bank and the China Banking and Insurance Regulatory Commission jointly issued the notice on doing a good job in M & a financial services for risk disposal projects of key real estate enterprises, and convened a symposium with some private and state-owned real estate enterprises and major commercial banks in conjunction with the SASAC, Encourage high-quality enterprises to increase mergers and acquisitions of real estate projects in accordance with the market-oriented principle, encourage financial institutions to provide financial services for mergers and acquisitions, help resolve risks and promote industry liquidation. Some real estate enterprises said that at present, it is a good time for mergers and acquisitions, and they are substantively negotiating a number of M & A projects. It is reported that China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) , country garden and other enterprises have registered and issued debt financing instruments in the inter-bank market to raise funds for mergers and acquisitions of real estate projects.

Ministry of industry and information technology: on December 20, the National Conference on industry and informatization was held in the form of video in Beijing. The meeting stressed the need to focus on six key tasks in 2022. Implement the strategy of “increasing varieties, improving quality and creating brands”, and expand the consumption of new energy vehicles, green smart appliances and green building materials. Do a good job in service guarantee for major foreign-funded projects.

21 finance and Economics: the people’s Bank of China authorizes the national interbank lending center to announce that the quoted interest rate (LPR) of the loan market on December 20, 2021 is: the one-year LPR is 3.8%, and that of the previous month was 3.85%; LPR over 5 years was 4.65%, unchanged from the previous month. This is also the first “interest rate cut” in 20 months.

Heilongjiang Provincial Department of housing and urban rural development: on December 20, the Provincial Department of housing and urban rural development held a provincial economic operation dispatching meeting of the real estate industry to study and deploy the growth of the real estate industry before the end of the year. Meeting requirements: first, take multiple measures to promote sales. We should find ways to meet the rigid and improving needs of local residents for house purchase, promote sales and see practical results, actively organize associations and chambers of Commerce to serve real estate enterprises, build a platform for real estate enterprises, and carry out “online” and “inside and outside” commercial housing promotion activities. Second, we should implement preferential policies. We should implement various preferential policies for house purchase subsidies, effectively stimulate people’s demand for house purchase and release consumption potential. Third, we should actively guide market expectations. We should strengthen the guidance of public opinion, enhance the willingness of real estate consumption and boost market confidence.

Xinhua News Agency: the company law of the people’s Republic of China (Revised Draft) was submitted to the 32nd meeting of the Standing Committee of the 13th National People’s Congress for deliberation on the 20th. The main amendments include adhering to the party’s leadership over state-owned enterprises, improving the special provisions on state funded companies, improving the company establishment and exit system, optimizing the company’s organizational structure, improving the company’s capital system, strengthening the responsibilities of controlling shareholders and management personnel, and strengthening the company’s social responsibility.

macroeconomic

CCTV news client: the 14th five year plan for the development of high-end equipment industry in Shanghai was released today. The plan defines the industrial development idea of “high-end leading and digital driving”. According to the plan, by 2025, Shanghai will initially build a global influential growth pole for high-end equipment innovation and a source of core technology. Focusing on the general goal of promoting the high-quality development of high-end equipment industry and focusing on “high-end and digitization”, the plan puts forward seven engineering tasks: first, digital equipment integration project. The second is the digital production improvement project. Third, high-energy innovation leading project. Fourth, high-value industrial chain fixed chain project. Fifth, high standard brand excellence project. Sixth, high-quality carrier construction project. Seventh, a high-level coordinated development project.

financial Associated Press: Guangdong Province issued a notice on the new urbanization plan (2021-2035). By 2035, Guangdong will basically realize the new urbanization. The urbanization rate of the province’s permanent population will reach 82% and the urban permanent population will reach 110 million. Except for the central urban areas of individual mega cities, the restrictions on urban settlement have been completely abolished, and the household registration system of habitual residence has been fully implemented. We will achieve full and equal coverage of urban basic public services for the permanent population, and significantly improve the ability of the agricultural transferred population to integrate into the city.

China Securities Network: Chang Guowu, deputy director of the raw material industry department of the Ministry of industry and information technology, said during the forum that we should adhere to systematic thinking and enhance the supply guarantee capacity of rare earth products. Appropriately and orderly put in rare earth exploration rights and mining rights, strengthen the investigation of Baiyun OBO mine and medium and heavy rare earth resources, find out the resource reserves, expand the recoverable scale of resources, make overall use of Chinese and foreign resources, further improve the management of Rare Earth total amount control indicators, and standardize the processing and utilization management of imported ores and industrial wastes containing rare earth resources.

Xinhua News Agency: the draft amendment to the seed law was submitted to the second meeting of the Standing Committee of the National People’s Congress on the 20th to further strengthen the protection of the legitimate rights and interests of the owners of new plant varieties. In addition, the draft also further increases the penalties for fake and inferior seeds, and increases the amount of fines for the production and management of fake and inferior seeds.

industry dynamics

China Securities News: on December 20, the reporter of China Securities News exclusively learned from the 5g news working group that the 5g news joint laboratory was about to be unveiled. 5g message joint laboratory was established by China information and Communication Research Institute, China Communication Enterprise Association, China Telecom Corporation Limited(601728) , China Mobile, China United Network Communications Limited(600050) , Zte Corporation(000063) , Huawei and other 7 units. In addition, the 5g news working group revealed that a number of group standards for 5g news have been preliminarily completed and are expected to be officially released in 2022.

Securities Times: national energy group held a special meeting on the development of hydrogen energy industry on the 16th. Liu Guoyue, deputy secretary of the Party group and general manager of the group company, stressed the need to promote the “three transformation linkage” of coal-fired power units, promote the coupling development of new energy power generation and electrolytic water hydrogen production, promote the burning of liquid ammonia in coal-fired units, explore comprehensive pollution reduction and carbon reduction, promote the coupling development of new energy hydrogen production and modern coal chemical industry, and promote the substitution of hydrogen based new energy in coal production, transportation and auxiliary links, Give better play to the coupling role of hydrogen energy in traditional fossil energy, renewable energy and new energy.

financial Associated Press: Wu Donglin of Shanghai Municipal Commission of economic information technology said, Recently, Shanghai Municipal Commission of economy and information technology, together with Shanghai Municipal Development and Reform Commission and other units, prepared the three-year action plan for the construction of Shanghai civil aviation industry chain (2022-2024), which was recently reviewed and approved by the executive meeting of Shanghai municipal government and jointly issued on December 17. The action plan aims to fully promote the civil aviation industry to “strengthen the foundation, grasp the core, connect the chain and build clusters” As the main line of work, with the action goal of accelerating the construction of an independent, controllable, safe and efficient civil aviation industry chain system and the implementation of the “chain length system” of the whole aircraft as an important starting point, five sub actions of “one lead, three mention and one gathering” were carried out.

Xinhua News Agency: the reporter learned from the National Conference on industry and informatization held on the 20th that China has built and opened more than 1.3 million 5g base stations and 497 million 5g end users. Xiao Yaqing, Minister of industry and information technology, said that in 2022, the information and communication service capacity will be further improved and the construction of 5g and gigabit optical networks will be carried out in a stable and orderly manner.

stock market focus

China Securities Journal: on December 20, Sinolink Securities Co.Ltd(600109) released the annual view of the photovoltaic industry in 2022, saying that in 2022, with the realization of enterprise performance growth and the gradual verification of leading advantages, the photovoltaic sector still has a high probability of overall valuation opportunities, and the leading is expected to gradually enjoy the valuation premium.

financial Associated Press: data show that 504 listed companies have successfully “flushed a” this year, with a total fund-raising of 522.590 billion yuan, both of which have set a historical record. The above IPO listed companies raised an average of 1.037 billion yuan, of which nearly 80% raised less than 1 billion yuan, and 10 companies raised less than 100 million yuan. In terms of sectors, gem IPO issuance has been the most active this year, ushering in 190 listed enterprises, accounting for nearly 40%. From the issue price, there are 13 new shares of 100 yuan this year, and the Hemai shares listed today were elected as the new shares with the highest issue price this year and even in the history of A-Shares at the issue price of 557.8 yuan.

Securities Times: China Three Gorges Renewables (Group) Co.Ltd(600905) (600905) announced on the evening of December 20 that it plans to invest in the construction of Three Gorges Yangjiang Qingzhou five offshore wind farm project, Three Gorges Yangjiang Qingzhou six offshore wind farm project and Three Gorges Yangjiang Qingzhou seven offshore wind farm project. The planned installed capacity approved by the three projects is 1 million KW. The dynamic investment amount of Yangjiang Qingzhou 5, 6 and 7 offshore wind farm projects of the Three Gorges is 14.053 billion yuan, 13.761 billion yuan and 13.356 billion yuan respectively, with a total investment amount of 41.169 billion yuan.

Securities Times website: Northeast Securities Co.Ltd(000686) believes that the high-profile continuity of the lithium industry may exceed expectations. In terms of demand, the new energy vehicle industry chain has entered the era of endogenous growth, and the demand pull has strong explosive power; In terms of supply, high-quality new mines are scarce, the future increment of resources is limited, the supply order of the industry is better than that of the previous cycle, and the industry leaders are cautious in large quantities. In the next three years, the contradiction between supply and demand in the industry will be prominent, supporting the long-term high price of lithium, and the allocation value of lithium resource targets with high performance release certainty and significant marginal improvement will be more prominent.

Subscription of new shares: Tianyuan environmental protection, Pingao shares, Chunli medical

new debt subscription: none

IPO: none

new bond listing: none

company news

Hemai shares: it is proposed to use the temporarily idle raised funds of no more than 4.5 billion yuan for cash management

China Three Gorges Renewables (Group) Co.Ltd(600905) : it is proposed to invest in three offshore wind farm projects, with a total investment of 41.169 billion yuan

Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) : sign sales and procurement framework agreements with China Huaxin and Shanghai Nokia bell

Hylink Digital Solution Co.Ltd(603825) : the company’s existing and future technology research directions will not be adjusted due to market hotspots unrelated to its main business

* ST West Development: received the notification of case filing from the Economic Investigation Detachment of Lhasa Public Security Bureau

Jiangsu Sunshine Co.Ltd(600220) : the company has not signed relevant agreements on photovoltaic new energy projects

Guangdong Shaoneng Group Co.Ltd(000601) : holding subsidiary plans to invest in the new energy heavy truck gearbox project

Luenmei Quantum Co.Ltd(600167) : shares in Edelman hydrogen energy to accelerate the layout of hydrogen energy industry

Zijin Mining Group Company Limited(601899) : invested 850 million yuan to acquire Jiayou International Logistics Co.Ltd(603871) 14.21% shares

Kunshan Kinglai Hygienic Materials Co.Ltd(300260) : it is proposed to invest 800 million yuan in the construction of ultra-high cleaning and ultra-high purity pipeline system project

Shandong Gold Phoenix Co.Ltd(603586) : at present, there is no sales revenue of rail transit braking products

Namchow Food Group( Shanghai) Co.Ltd(605339) : the net profit in November was 27.1451 million yuan, a year-on-year decrease of 29.16%

Xinjiang Daqo New Energy Co.Ltd(688303) : it is proposed to invest 33.25 billion yuan in 300000 t / a high-purity industrial silicon and other projects

data list

Shanghai and Shenzhen Stock Markets: on December 20, Shanghai and Shenzhen stock markets fell sharply, and more than 3000 stocks fell. As of the close, the Shanghai index fell 1.07%, the Shenzhen composite index fell 2.01% and the gem index fell 2.96%. In terms of sectors, electricity, coal, semiconductors, cloud games, energy storage, photovoltaic, metauniverse and wind energy all fell sharply, while a few sectors such as real estate, medicine, covid-19 detection and aquatic products rose against the market. Contemporary Amperex Technology Co.Limited(300750) fell more than 6%, with a turnover of nearly 10 billion yuan. Hemai shares rose nearly 30% on the first day of listing. More than 3000 stocks in the two cities fell, but the speculation of individual stocks continued. More than 100 stocks in the two cities rose by 10% or more. More than 40 of the stocks that rose last Friday continued to rise today.

Hong Kong stocks: Hang Seng Index closed down 1.93%, breaking its low since May last year, and Hang Seng technology index fell 3.2%, a record low. All sectors fell across the board, with raw materials, photovoltaic, education and pharmaceutical stocks leading the decline, and Xinyi Glass led the decline of blue chips; Guangzheng education fell more than 40% and Ganfeng Lithium Co.Ltd(002460) fell more than 12%.

Shanghai Shenzhen Hong Kong stock connect: on December 20, the north capital sold 971 million yuan, of which the Shanghai Stock connect sold 1.441 billion yuan and the Shenzhen Stock connect bought 470 million yuan. Among the top ten traded stocks, Byd Company Limited(002594) , Luxshare Precision Industry Co.Ltd(002475) , Goertek Inc(002241) purchases ranked among the top three, with net purchases of 604 million yuan, 509 million yuan and 454 million yuan respectively. The net sales of Wuxi Apptec Co.Ltd(603259) , East Money Information Co.Ltd(300059) , Cosco Shipping Holdings Co.Ltd(601919) ranked among the top three, with net sales of 885 million yuan, 382 million yuan and 266 million yuan respectively.

dragon tiger list: on December 20, among the stocks on the list, the largest net capital inflow was Goertek Inc(002241) , which was 369 million yuan. Data show that the stock closed at the daily limit, with a turnover rate of 4.11% throughout the day. Net inflow of funds into the top Shenzhen Stock connect seats, net purchase of 454 million yuan. A total of 33 stocks were involved in the institutional participation list, of which 12 were net bought by the institution, Guangyuyuan Chinese Herbal Medicine Co.Ltd(600771) was the most bought, with a net inflow of 68.2433 million yuan in three days. In addition, 21 shares were sold by institutions, and Goertek Inc(002241) was sold the most, amounting to 346 million yuan.

margin trading : as of December 17, the balance of two financial transactions in Shanghai and Shenzhen was 1841.959 billion yuan, a decrease of 8.019 billion yuan compared with the previous trading day. Among them, the financing balance was 1726.687 billion yuan, a decrease of 6.758 billion yuan compared with the previous trading day; The balance of securities lending was 115.872 billion yuan, a decrease of 1.261 billion yuan compared with the previous trading day.

Shibor : Shibor reported 1.9940% overnight, up 13.2 basis points; Seven days Shibor reported 2.1210%, down 3.0 basis points; Three month Shibor reported 2.4920%, unchanged from the previous day.

foreign exchange

On December 20, the central parity of RMB was reported at 6.3933, down 282 points, and the central parity of the previous trading day was reported at 6.3651. The onshore RMB closed at 6.3781 against the US dollar, down 39 basis points from the previous trading day.

property market observation

financial Associated Press: Hangzhou housing security administration bureau guided the municipal housing lease management association, the municipal real estate intermediary industry association and the Municipal Property Management Association to issue the code of conduct for the housing lease industry in Hangzhou. The code requires Housing leasing enterprises and real estate intermediary enterprises to implement the housing source filing system, timely report the housing source information to the municipal leasing platform, and upload the rental source ownership certificate, lease contract and other materials as required; Failing to rent or act as an agent for houses that do not meet the lease conditions; Implement the main responsibility for the air quality of rental housing, and the rental housing must meet the relevant requirements of indoor air quality standard.

Securities Times: on December 19, the Supreme People’s Court issued the provisions on Several Issues concerning the qualification of bidders for judicial auction of real estate by people’s courts, which is the first systematic judicial auction house policy in China. Industry insiders believe that the policy fully incorporates the purchase restriction of French auction houses, which has a great impact on many people who want to bypass the purchase restriction through French auction houses. It is expected that after the upgrade and purchase restriction, the value of French auction houses will continue to decrease, and the French auction house market may cool down faster. The policy plays a positive role in promoting the healthy development of the judicial auction house market.

international information

Securities Times Network: according to the news of China Central Television, on December 20, the Japanese parliament passed the supplementary budget for 2021, which includes covid-19 pneumonia epidemic countermeasures such as granting 100000 yen subsidies to minors under the age of 18, with a total amount of 359895 billion yen, which is the largest supplementary budget in Japan so far.

interface news: Yonhap reported on December 20 that the Korean government released the economic policy direction for 2022 on December 20, predicting that China’s gross domestic product (GDP) growth rate this year will be 4%, 0.2 percentage points lower than the expectation put forward in the second half of this year, and the economic growth rate next year will be 3.1%, 0.1 percentage points higher than the previous year.

futures market

China Futures: most of China’s commodity futures closed down, with the energy and chemical sector leading the decline, with fuel oil and low sulfur fuel oil down more than 5%, ethylene glycol, LPG, crude oil and power coal down more than 4%, urea, apple, PTA and No. 20 rubber down more than 3%, and staple fiber, styrene and glass down more than 2%.

International Futures: the settlement price of international crude oil futures fell sharply. WTI crude oil futures in January closed down $2.63, or 3.71%, at $68.23/barrel. WTI February crude oil futures fell 2.98% to US $68.61/barrel. Brent February crude oil futures closed at US $3.00, down 4.08% to US $71.52/barrel. The February 2022 gold futures price, the most active trading in the gold futures market of the New York Mercantile Exchange, fell by US $10.3 on the 20th compared with the previous trading day to close at US $1794.6 per ounce, a decrease of 0.57%.

overseas index

U.S. stock market: the three major U.S. stock indexes closed down, with the NASDAQ down 1.24%, the Dow down 1.23% and the S & P 500 down 1.14%. Tesla shares closed down 3.5%, the lowest level since October 21.

European stock market: the financial times 100 stock average price index of London stock market closed at 7198.03, down 71.89 points or 0.99% from the previous trading day. France Paris Stock Market CAC40 index closed at 6870.10, down 56.53 points or 0.82% from the previous trading day; Germany’s Frankfurt DAX index closed at 15239.67, down 292.02 points or 1.88% from the previous trading day.

Asia Pacific Stock Market: the Nikkei 225 index closed down 626.68 points, or 2.20%, at 27919.00 on Monday, December 20. South Korea’s Kospi index closed down 54.73 points, or 1.81%, at 2963.0.