Key investment points:
Yi Huiman, chairman of the CSRC: we are speeding up the formulation of the reform plan of the whole market registration system. According to Xinhua news agency, Yi Huiman, chairman of the CSRC, said that since this year, the CSRC has systematically summarized and evaluated the experience of the pilot registration system of the science and innovation board and the gem, found and solved problems in time and responded to market concerns. The Beijing stock exchange was established and the pilot registration system was carried out simultaneously. Overall, the pilot has achieved the expected goal, and the conditions for the full implementation of the registration system have been gradually met. At present, we are speeding up the formulation of the reform plan of the whole market registration system, Solidly Promoting relevant preparations, and ensuring the smooth implementation of this major reform.
In addition, he also said that we should adhere to the word “stability” and highlight the “stability” of the market, which is the basis for maintaining the normal play of market functions and stabilizing market confidence. We will take comprehensive measures with relevant departments to promote the smooth operation of the market and resolutely prevent big ups and downs and urgent ups and downs. Actively strengthen policy coordination and information sharing with relevant departments, launch more policies and measures conducive to steady growth and stable expectations, and carefully introduce policies with contraction effect to prevent individual correctness and synthetic fallacy.
On the whole, we believe that the comprehensive registration system reform is likely to be implemented in 2022, so as to promote the function of the capital market to support the real economy and its own healthy development. In addition, the capital market policy may be more active in 2022, and the contractive policy will be carefully introduced, which will be beneficial to the equity market.
SASAC defines the dual carbon goal of central enterprises
On December 30, the state owned assets supervision and Administration Commission of the State Council prepared and issued the guidance on promoting the high-quality development of central enterprises and doing a good job in carbon peak and carbon neutralization. The opinions require that by 2025, the comprehensive energy consumption of 10000 yuan output value of central enterprises will be 15% lower than that in 2020, the carbon dioxide emission of 10000 yuan output value will be 18% lower than that in 2020, the installed proportion of renewable energy power generation will reach more than 50%, and the revenue proportion of strategic emerging industries will not be less than 30%. By 2030, the comprehensive energy consumption of 10000 yuan output value of central enterprises will be significantly reduced, and the carbon dioxide emission of 10000 yuan output value will be more than 65% lower than that in 2005. The overall carbon dioxide emission of central enterprises will reach the peak and achieve a steady decline. Conditional central enterprises will strive to take the lead in reaching the peak. By 2060, the industrial system of green and low-carbon circular development of central enterprises and the clean, low-carbon, safe and efficient energy system will be fully established, and the energy utilization efficiency will reach the advanced level of world-class enterprises, forming a green and low-carbon core competitive advantage.
In terms of establishing a green and low-carbon circular industry system, we will resolutely curb the blind development of high energy consumption and high emission projects, promote the transformation and upgrading of traditional industries, vigorously develop green and low-carbon industries, and accelerate the construction of a circular economy system.
In building a clean, low-carbon, safe and efficient energy system, we should accelerate the improvement of energy conservation and utilization, accelerate the clean and efficient utilization of fossil energy, accelerate the development of non fossil energy, and accelerate the construction of a new power system with new energy as the main body. Overall, as a key unit of carbon emission, central enterprises will accelerate the realization of green, low-carbon transformation and high-quality development, and support the country to achieve the dual carbon goal.
The financing balance decreased. On December 29, the balance of A-share financing was 172.138 billion yuan, a month on month decrease of 103 million yuan; The balance of margin trading was 1837.474 billion yuan, a month on month decrease of 903 million yuan. The balance of financing minus securities lending was 1604.802 billion yuan, an increase of 697 million yuan month on month.
Net inflow of land stocks and closure of Hong Kong stocks. On December 30, the net purchase transaction of land stock connect on that day was 8.141 billion yuan, including 51.444 billion yuan of purchase transaction and 43.303 billion yuan of sales transaction, with a cumulative net purchase transaction of 163.005 billion yuan.
Money market interest rates fluctuated. On December 30, Bank Of Shanghai Co.Ltd(601229) inter-bank offered rate Shibor overnight interest rate was 1.2760%, down 6.70bp, Shibor one week was 2.3210%, up 7.10bp.
The weighted interest rate of pledged repo of depository institutions was 1.2674% overnight, down 1.40bp and 2.4739% a week, up 10.89bp. The 10-year maturity yield of China national debt was 2.7654%, down 2.00bp.
US stocks fell and European stocks rose. On December 30, the Dow Jones Industrial Average closed at 36398.08 points, down 0.25%; The S & P 500 index closed at 4778.73 points, down 0.30%; The NASDAQ index closed at 15741.56, down 0.16%. European stock markets, French CAC index closed at 7173.23 points, up 0.16%; Germany DAX index closed at 15884.86 points, up 0.21%; The FTSE 100 index closed at 7403.01, down 0.24%. In the Asia Pacific market, the Nikkei index closed at 28791.71 points, down 0.40%; The Hang Seng Index closed at 23112.01, up 0.11%.
The dollar index rose. On December 30, the US dollar index rose 0.07% to 95.9701. The euro fell 0.19% against the dollar to 1.1326. The dollar rose 0.07% against the yen to 115.0550. The pound rose 0.12% against the dollar to 1.3503. The spot exchange rate of RMB against the US dollar closed at 6.3793, depreciating by 0.12%.
The spot exchange rate of offshore RMB against the US dollar closed at 6.3756, depreciating by 0.08%. The central parity rate of RMB against the US dollar closed at 6.3674, up 0.10%.
Gold rose, crude oil fell and copper fell. On December 30, Comex gold futures rose 0.56% to close at US $1815.50/oz. WTI crude oil futures fell 0.17% to close at US $76.46/barrel. Brent crude oil futures fell 0.10% to close at US $79.12/barrel. COMEX copper futures fell 0.62% to close at US $4.3880/lb. LME copper three-month futures fell 0.64% to close at US $9613 / ton.
(Donghai securities)
