1. The person in charge of relevant departments of the CSRC responded to the SEC’s inclusion of some medium concept shares in the “pre delisting list”, saying that he respected the overseas regulatory authorities to strengthen the supervision of relevant accounting firms in order to improve the quality of financial information of listed companies, but resolutely opposed the wrong practice of politicizing securities supervision by some forces. Willing to solve the inspection and investigation of relevant firms by the US regulatory authorities through regulatory cooperation.
2. The four major state-owned banks collectively announced that they had made steady progress and achieved a good start in the first two months of this year. Among them, Industrial And Commercial Bank Of China Limited(601398) indicates that the growth of deposits and loans from January to February is better than that in the same period China Construction Bank Corporation(601939) said that financial services should be strengthened in key areas such as inclusive finance, green development, science and innovation and high-end manufacturing Agricultural Bank Of China Limited(601288) said that it continued to strengthen rural revitalization and financial services for the real economy, and the growth of main businesses was better than that in the same period.
3. The European Central Bank kept the three major interest rates unchanged and announced that it would accelerate the end of the asset purchase plan. The net purchases from April to June were 40 billion euros, 30 billion euros and 20 billion euros respectively. Finally, the asset purchase may end in the third quarter. European Central Bank President Lagarde acknowledged that the conflict between Russia and Ukraine and the EU sanctions against Russia have had an impact on the eurozone economy, reducing the eurozone economic growth forecast from 4.2% to 3.7% this year, while the inflation forecast has been significantly raised from 3.2% to 5.1%. However, the European Central Bank said it would not consider raising interest rates until the third quarter of this year, and the eurozone economy can still maintain its recovery vitality this year.
4. According to the data of the U.S. Department of labor, the CPI of the United States increased by 7.9% year-on-year in February, the highest since January 1982; Excluding food and energy prices, the core CPI rose 6.4% year-on-year, the highest since August 1982. Wall Street sources said that the rise in commodities triggered by the situation in Ukraine will further push up inflation, which is already at a 40 year high. The annual rate of CPI may break 8 in the next few months and will not peak soon. In addition, the number of initial jobless claims in the United States increased by 11000 to 227000 last week, higher than market expectations.
