On Friday, December 31st, the main contents of today’s headlines are:
China Securities Journal
The central bank issued 85.5 billion yuan for the first batch of carbon emission reduction support tools
At the press conference on small and micro enterprise financial services and green finance held by the people’s Bank of China on December 30, sun Guofeng, director of the Monetary Policy Department of the people’s Bank of China, said that we should give full play to the dual functions of the total amount and structure of monetary policy tools. Structural monetary policy tools will actively do a good job in “addition”. At present, carbon emission reduction support tools and special refinancing to support clean and efficient utilization of coal have been successfully implemented. The people’s Bank of China has issued the first batch of carbon emission reduction support tools to relevant financial institutions with a capital of 85.5 billion yuan.
Survival of the fittest and delisting new regulations shape a new market ecology
On December 31, 2021, the new delisting regulations have been implemented for one year. In 2021, 28 listed companies were delisted, and delisting was normalized to create a new market ecology; 17 listed companies have implemented bankruptcy reorganization, the most over the years. In addition, a total of 97 companies in the market have been warned of delisting risks. Experts expect that the stock issuance registration system will be fully implemented in 2022, and the capital market is expected to usher in a delisting year. Diversified delisting indicators will accelerate the liquidation of low-quality assets and promote the more efficient allocation of market resources.
Bottom reading funds surge into a sharp weapon for wide-based ETF layout
At the end of the year, major broad-based ETFs ushered in a large amount of funds. From the historical data, institutions usually carry out reverse layout of ETFs, and the time point of substantial capital purchase is often the periodic low point of the index. Fund sources pointed out that the popularity of broad-based index ETFs is strong or comes from the allocation demand of institutional funds at the end of the year.
Market volatility adjustment institutions are still optimistic about the future market of new energy vehicles
Recently, the new energy vehicle sector has fallen into a shock adjustment pattern. The agency said that the weakening of relative prosperity advantage under the background of overvalued value is the core reason for the recent plate adjustment. At present, the adjustment range of the new energy vehicle sector has been relatively sufficient. From the perspective of sales growth and penetration, the long-term inflection point of industry growth is far from coming.
Shanghai Securities News
Reconstruction of the rule of law ecology by the new securities law, zero tolerance, warning the market subject to return to due diligence
In 2021, the effectiveness of the new securities law will be further demonstrated, and the intensity and pace of cracking down on crimes in the capital market will be strengthened and accelerated. Under the supervision of “zero tolerance”, the three-dimensional accountability mechanism has been formed and improved, and the construction of market rule of law has been deepened.
RCEP will take effect tomorrow. What benefits are related to you and me
The proportion of immediate zero tariff between China and ASEAN, Australia and New Zealand will exceed 65%, and the proportion of immediate zero tariff with South Korea will reach 39% and 50%. Such tariff preference will directly bring benefits to consumers, and enterprises in the region can also significantly reduce production costs.
The second phase of the second generation is coming! Penetrating supervision tamps the “internal and external training” of insurance enterprise capital
On December 30, 2021, the China Banking and Insurance Regulatory Commission issued the regulatory rules on the solvency of insurance companies (II), marking the successful completion of the second generation phase II project. The second generation phase II project is an important measure to make up for the shortcomings of the regulatory system. It is of great significance to prevent and resolve the risks of the insurance industry, maintain the safe and stable operation of the insurance market, promote the high-quality development of the insurance industry and protect the interests of insurance consumers.
427.6 billion yuan! The annual net inflow of northbound funds reached a record
On December 30, northbound funds rushed to raise again, with a net purchase of 8.141 billion yuan in a single day. The market of A-Shares in 2021 is coming to an end, but the buying enthusiasm of northbound funds remains. As of yesterday’s closing, the net purchase amount of northbound funds in December has exceeded 84 billion yuan, and the probability will hit a record high of monthly net purchase amount. Looking forward to 2022, it has become a new market consensus that foreign capital will continue to allocate a shares.
securities times
SASAC: strengthen the green and low-carbon layout of state-owned capital, and reduce the comprehensive energy consumption of 10000 yuan output value of central enterprises by 15% in 2025
The state owned assets supervision and Administration Commission of the State Council recently issued the guiding opinions on promoting the high-quality development of central enterprises and doing a good job in carbon peaking and carbon neutralization, which put forward the clear objectives of carbon peaking and carbon neutralization of central enterprises, and respectively from promoting the transformation and development of green and low-carbon, establishing a green and low-carbon circular industry system, building a clean, low-carbon, safe and efficient energy system Strengthen the scientific and technological breakthrough and innovative application of green and low-carbon technologies, and establish and improve the carbon emission management mechanism.
The four directions of the revision of the company law resonate with the reform of the capital market
After three years, the company law ushered in the sixth amendment. This round of revision is a systematic revision based on the basic framework and main systems of the current company law, anchoring the four major revision directions of “promoting the healthy development of the capital market”, “deepening the reform of state-owned enterprises”, “optimizing the business environment” and “strengthening the protection of property rights”.
In 2021, new funds rush into A-share technology and new energy to attract the most gold
In 2021, A-Shares ended a year of trading in a flat, but under this flat, they created a number of historical records. The annual turnover reached a record high, the scale of public funds exceeded a record 25 trillion yuan, and the annual net purchase of northbound funds exceeded 400 billion yuan for the first time… Under the historical background of carbon neutralization and carbon peak, new energy has become the strongest plate in the weak through 2021. The electronics industry with the highest technology content received a net purchase of more than 62.3 billion yuan, the second largest net purchase industry.
Vigilance against idle arbitrage of funds behind the decline of bill discount interest rate
Since December, the bill interest rate has accelerated its decline, especially the short end rediscount interest rate is close to zero, reaching a historically rare level, which has aroused great concern in the market. After the RRR reduction, the capital is abundant, the overall demand for enterprise loans is insufficient, the bank’s willingness to lend at the end of the year is not strong, and the scale is flushed for the “good start” of next year. As a result, the bank is willing to collect bills in the market at a price lower than the cost of capital.
Securities Daily
Today’s viewpoint: the “red envelope” of greater tax reduction and fee reduction in 2022 can be expected
Although 2022 has not yet arrived, the individual income tax “red envelope” has been delivered in advance. On December 29, the executive meeting of the State Council decided to continue the implementation of some preferential policies for individual income tax, which is expected to reduce 110 billion yuan a year. In addition, the enterprise also received a “big red envelope” for tax reduction and fee reduction at the end of 2021. Looking forward to 2022, greater tax reduction and fee reduction can be expected. Focus on small, medium-sized and micro enterprises and individual industrial and commercial households, and continue to implement institutional tax cuts.
Delisting new regulations “at least one year old”: 27 companies diversified exit. Experts suggest further refining delisting indicators
On December 31, the first anniversary of the release of the new delisting regulations. Over the past year, the power of the new delisting regulations has gradually become apparent. A total of 27 listed companies have delisted, including 17 mandatory delisting. In addition, nearly 100 companies have been warned of delisting risk by the exchange. The ecosystem of capital market with in and out and survival of the fittest is gradually taking shape. Experts believe that in addition to strictly implementing the new delisting regulations, it is also necessary to improve the protection measures for investors’ rights and interests, and further quantify and refine the delisting indicators according to the nature of different industries, so as to make them more targeted.
The eight key words reflect the new changes and trends of the banking industry in 2021
Since this year, the quality and efficiency of banking services to the real economy have been further improved, new achievements have been made in preventing and resolving financial risks, and profitability has come out of the trough. “A-share IPO, stock price ‘stability maintenance’, capital supplement, new asset management regulations, ‘two red lines’, systemically important banks, financial management subsidiaries and pension financial management pilot” fully reflect the new trends and changes of Bank Of China Limited(601988) industry in 2021.
Year of the shipping industry examination: high freight rate fever remains, and port congestion remains to be solved
The imbalance between supply and demand, lack of containers and space, port congestion… Have completely ignited the shipping industry in 2021. Affected by the epidemic, the transportation chain problems in the container market of the shipping industry occur frequently. From the lack of transport capacity to port congestion, to the lack of land truck drivers, and the poor connection of various transportation links, it has not been satisfactorily solved so far. There are various predictions in the industry as to when sea freight prices will cool down.
people’s daily
China’s import and export of goods is expected to reach US $6 trillion in 2021. We will make cross cycle adjustment and promote the steady development of foreign trade
In 2021, in the face of the complex situation outside China, China’s foreign trade development will achieve the goal of stable growth in quantity and quality, and make an important contribution to stable economic growth. The scale of foreign trade has reached a new level. It is estimated that China’s import and export of goods is expected to reach US $6 trillion this year, an increase of more than 20%, and China’s position as the largest trading country will be further consolidated. Ren Hongbin, Vice Minister of Commerce, said that while fully seeing the achievements, we should also see that under the impact of the epidemic, the world economy is recovering weakly, the growth of foreign demand is weak, and it is more difficult to stabilize foreign trade next year.
21st Century Business Herald
The trading volume of the national carbon market increased at the end of the year, and all the eight high emission industries in the “14th five year plan” will be included
As an important market-oriented measure to promote low-carbon transformation, the national carbon market has attracted wide attention since its opening on July 16, 2021. Although only the power generation industry has been included in the national carbon market for transaction performance, eight high emission industries, including iron and steel, nonferrous metals, building materials and papermaking, will be included in the 14th Five Year Plan period.
Towards a virtuous circle of real estate industry: after the transaction shows signs of recovery, real estate enterprises start a healthy model race
With the voice of the national senior management and relevant competent financial departments and the setting tone of the central economic work conference in December, the real estate industry is gradually returning to the development path of a virtuous circle. According to the data released by the central bank, loans to the household sector increased by 733.7 billion yuan in November, including 151.7 billion yuan in short-term loans and 582.1 billion yuan in medium and long-term loans. Medium and long-term loans have increased year-on-year for the second consecutive month.
China business daily
Video Conference on national market supervision: deeply implement the fair competition policy and improve the regulatory rules under legal supervision
On December 30, the national video conference on market supervision was held in Beijing. The meeting called for a profound grasp of the new requirements of market supervision, more emphasis on strengthening the functional focus of fair competition supervision, greater efforts to improve the level of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) integrated supervision, better coordinate the multiple objectives of vitality and order, development and safety, and pay more urgent attention to improving the efficiency of supervision.
Global sales of new energy vehicles are expected to double this year. Can the shortage of cores and difficult delivery be alleviated next year?
Data show that from January to November this year, the eight countries with the highest penetration of new energy vehicles in Europe registered 1.595 million vehicles, a year-on-year increase of 85%. The cumulative sales volume of Shanxi Guoxin Energy Corporation Limited(600617) cars in the United States was 550000, a year-on-year increase of 96%. It is estimated that if the impulse at the end of the year is added, the global sales of new energy vehicles this year is expected to reach 6.3 million, almost twice the sales in 2020. Renault, Volkswagen and other companies expect that the shortage of chips will continue until at least the middle of 2022, which will hinder the production and delivery of their vehicles.
economic reference daily
Intensive deployment of multiple departments to draw the construction drawing of economic work in 2022
From the current deployment, many departments emphasize the word “stability”, and promote the early introduction, early implementation and early effect of policies conducive to economic stability. At the same time, many departments have also made specific arrangements around promoting consumption, expanding investment and stabilizing foreign trade. In addition, support the development of market players, especially the development of small, medium-sized and micro enterprises, and multi departments will continue to make efforts.
Included in the assessment of central enterprises’ carbon peak carbon neutralization “five ways”
Recently, the state owned assets supervision and Administration Commission of the State Council has prepared and issued the guiding opinions on promoting the high-quality development of central enterprises and doing a good job in carbon peak and carbon neutralization, from promoting the transformation and development of green and low-carbon, establishing a green and low-carbon circular industry system, building a clean, low-carbon, safe and efficient energy system, strengthening the scientific and technological research and innovative application of green and low-carbon technologies It is clear that by 2025, the installed capacity of renewable energy power generation by central enterprises will reach more than 50%, and the revenue of strategic emerging industries will not be less than 30%.
