daily selection
China Central Television: Li Jinming, deputy director of the clinical testing center of the National Health Commission, said that if antigen testing is compared with nucleic acid testing, its specificity is different. The specificity of antigen detection can reach 99%, but the specificity of nucleic acid detection is 100%, that is, there is no false positive in nucleic acid detection. Therefore, nucleic acid detection has always been the basis for determining covid-19 infection and the “gold standard”. Therefore, antigen detection cannot replace nucleic acid detection. When the antigen test is positive, be sure to take nucleic acid test for confirmation. However, if the nucleic acid test is positive, no matter whether the antigen test is negative or positive, the tested person should take measures as a covid-19 infected person or a confirmed patient. [details]
China Central Television: according to the investigation, Deng Lun evaded personal income tax by 476582 million yuan and underpaid personal income tax by 139932 million yuan through fictitious business conversion and false declaration between 2019 and 2020. In accordance with the discretion benchmark of Shanghai Municipality for tax administrative punishment, Deng Lun was fined a total of 106 million yuan for the recovery of taxes, the collection of overdue fines and the imposition of fines. [details]
FDA: on March 15, the State Food and Drug Administration held a party group (expanded) meeting, which required to adhere to the overall planning of safety and development, epidemic prevention and control and daily supervision, and translate the spirit of the two sessions into the actual effect of drug supervision reform and development. First, we should carry out in-depth special rectification actions on drug safety, strictly investigate and punish serious violations of laws and regulations according to law, comprehensively investigate and resolve potential drug safety hazards, improve drug supervision laws and regulations, and create a good drug safety environment for the 20th National Congress of the Communist Party of China. Second, we should continue to ensure the quality and supply of covid-19 virus vaccine, and accelerate the approval and listing of covid-19 virus therapeutic drugs and covid-19 virus antigen detection reagents. [details]
macro economy
Xinhuanetco.Ltd(603888) : under multiple risk challenges, China’s economic recovery in the beginning of the year was better than expected. Data released by the National Bureau of statistics on the 15th showed that from January to February, the national economy continued to recover steadily, new momentum continued to grow, and new progress was made in high-quality development. “On the whole, under the joint action of macro policy and the efforts of market players, the momentum of China’s economic recovery was better from January to February, which laid a solid foundation for a good start in the first quarter of this year.” Fu Linghui, spokesman of the National Bureau of statistics and director of the Department of comprehensive national economic statistics, said. [details]
financial Associated Press: National Health Commission held an enlarged Party group meeting on the 14th. The meeting stressed the need to do a good job in epidemic prevention and control, focus on key links, coordinate epidemic prevention and control, disease control system reform, vaccination and other work, firmly hold the bottom line, and consolidate the hard won achievements in epidemic prevention and control. We will continue to deepen medical reform, explore the path of high-quality development of public hospitals at all levels and types, promote the construction of hierarchical diagnosis and treatment and optimize the medical order, and promote the reform of the disease control system. Continue to improve the medical and health service capacity, strengthen the capacity-building of county hospitals, continue to implement the construction of key specialties, and promote the inheritance, innovation and development of traditional Chinese medicine. Strengthen the service of “one old and one small”, improve the health and elderly care service system, implement the three child policy, and improve the service level of eugenics and child rearing. [details]
interface news: central bank website news: according to preliminary statistics, at the end of 2021, the total assets of China’s financial institutions were 381.95 trillion yuan, an increase of 8.1% year-on-year, of which the total assets of banking institutions were 344.76 trillion yuan, an increase of 7.8% year-on-year; The total assets of securities institutions were 12.3 trillion yuan, an increase of 21.2% year-on-year; The total assets of insurance institutions were 24.89 trillion yuan, a year-on-year increase of 6.8%. [details]
financial Associated Press: the State Council approved the construction of high-quality development demonstration areas in Ganzhou and Western Fujian old revolutionary base areas. The people’s governments of Jiangxi and Fujian provinces should earnestly strengthen the organization and leadership, clarify the division of tasks, improve the work coordination mechanism, organize the preparation of relevant plans for the development of the demonstration area, formulate supporting policies, promote the reform, innovation and high-quality development of the demonstration area, and actively create replicable and popularized typical experience and institutional achievements. Important policies, major projects and key projects shall be submitted for approval according to procedures. [details]
industry trends
Xinhuanetco.Ltd(603888) : the reporter learned from the China Cotton Association on the 15th that the China Cotton Association recently issued the “China cotton” sustainable production standard, which will be officially implemented in the industry from April 1. The standard aims at the sustainable production of cotton and pays attention to the core issues of agricultural sustainable development such as the management and use of agricultural chemicals, ecological and environmental protection, cotton quality and occupational health and safety in the process of cotton planting. It is an important part of the “China cotton” sustainable development project (CCSD). [details]
Securities Daily: on March 14, the price monitoring center of the national development and Reform Commission released data showing that the price ratio of pig feed across the country last week was 3.63, with a month on month decrease of 2.94%. Calculated by pig price and cost, the loss of pig breeding heads was 265.98 yuan. Huang Xiaozhou, an analyst at Hongyuan Futures Research Institute, pointed out that after the Spring Festival, meat consumption will enter the off-season, and the phased surplus of pork supply will continue. It is expected that the situation of oversupply will improve with the expansion of demand in the second half of 2022. [details]
China Central Television finance and Economics: according to the National Bureau of statistics, from January to February this year, the retail sales of automobiles in limited units increased by 3.9% year-on-year, compared with a decrease of 7.4% in December last year. At the same time, the increase in automobile related sales was boosted by the rise in oil prices. Fu Linghui, spokesman of the National Bureau of statistics, said that under the epidemic, residents’ demand for short-distance self driving travel is increasing and their demand for cars is expanding. At the same time, the “lack of core” situation in the early stage of this year is alleviating, and the automobile supply is also increasing. With the steady recovery of manufacturing industry, the growth of manufacturing investment has achieved remarkable results. [details]
surging news: covid-19 antigen detection reagent products really need to be collected! On March 15, Shandong Medical Security Bureau issued the implementation plan for special centralized procurement of covid-19 virus antigen detection reagent, which clearly carried out the centralized procurement of covid-19 virus antigen detection reagent products. The procurement results were included in the provincial centralized procurement platform, and medical institutions and pharmaceutical enterprises conducted online public transactions, effectively reducing the price of detection reagent and reducing the burden of detection expenses, Ensure the supply of testing reagents and further improve the “early detection” ability of covid-19 pneumonia.
On the same day, the Guangdong provincial drug exchange center also issued a notice that the Guangzhou Wondfo Biotech Co.Ltd(300482) of the selected enterprises in China had applied for the selected products. The price of the New Coronavirus (2019-nCoV) antigen detection kit (colloidal gold method) was adjusted to 9.8 yuan / person. [details]
stock market focus
first finance and Economics: Tianqi Lithium Corporation(002466) announcement: from January to February, the company’s lithium concentrate output increased by about 39% year-on-year, the sales volume increased by about 56% year-on-year, and the operating revenue of lithium concentrate is expected to increase by about 366% year-on-year. [details]
financial Associated Press: as of March 15, northbound funds have shown a unilateral outflow trend for seven consecutive days in this month, with a cumulative reduction of more than 64.5 billion yuan. Among them, the net outflow on March 15 also reached 16.024 billion yuan, setting a new record for the year, which is also the fifth time in the year that the net outflow exceeded 10 billion yuan. Is foreign capital really withdrawing a shares? In this regard, brokerage analysts generally believe that although the funds going north do flow out in the short term, they are expected to flow in in the medium and long term. The root cause of the sharp outflow of foreign capital allocation in this round may be affected by the external environment and policy risks. [details]
financial Associated Press: affected by the recent daily decline in the market, the share prices of many listed companies have suffered heavy falls, and their share prices have also fallen below the net asset price per share. Among them, Ping An Insurance (Group) Company Of China Ltd(601318) ( Ping An Insurance (Group) Company Of China Ltd(601318) ) fell 6.9% on the 15th, becoming a member of the net breaking stocks for the first time. Generally speaking, the net breaking tide is often accompanied by the arrival of the bottom range of the market, and the net breaking stock ratio rises, making the market brewing rebound momentum. However, there are also views that, with the changes in the capital market keeping pace with the times, breaking, breaking net and delisting below par value are the normal way to return to the origin. Taking this as an empirical value to judge the bottom of the market is unscientific. [details]
subscription of new shares: Lushan Xincai
new bond subscription: none
IPO: Sri new material
new bond listing: none
company news
Tangshan Sanyou Chemical Industries Co.Ltd(600409) : released the “three chain group” industrial development plan, with a total investment of about 57 billion yuan
Tbea Co.Ltd(600089) : it is planned to invest 17.6 billion yuan in the construction of a green low-carbon circular economy project with an annual output of 200000 tons of high-end electronic polysilicon
Guangdong Hoshion Aluminium Co.Ltd(002824) : obtained the letter of intent for project designation, and the estimated transaction volume is 3.6-4 billion yuan
Hengbao Co.Ltd(002104) : company currently has no business related to electronic ID card
Weihai Guangwei Composites Co.Ltd(300699) : shutdown has a certain adverse impact on the company’s operating performance in the first quarter
Jiangxi Special Electric Motor Co.Ltd(002176) : subsidiary temporarily stopped production affected by the epidemic
Ingenic Semiconductor Co.Ltd(300223) : : net profit of 933 million yuan in 2021, with a year-on-year increase of 117408%
Tianqi Lithium Corporation(002466) : from January to February, the operating revenue of lithium concentrate of the company is expected to increase by about 366% year-on-year
Ningbo Yunsheng Co.Ltd(600366) : : net profit of 518 million yuan in 2021, with a year-on-year increase of 191.55%
Gigadevice Semiconductor (Beijing) Inc(603986) : total operating revenue in the first two months increased by about 49.22% year-on-year
Shandong Shida Shenghua Chemical Group Company Limite(603026) : 1-february net profit increased by about 97.7% year-on-year
Jiangsu Flag Chemical Industry Co.Ltd(300575) : shareholders intend to reduce their shares by no more than 6%
Sichuan Zhongguang Lightning Protection Technologies Co.Ltd(300414) : shareholders plan to reduce their shares by no more than 6%
data list
Shanghai and Shenzhen Stock Markets: three major indexes opened low, rebounded after the bottom, and the gem index once turned red. In the afternoon, the three major indexes continued to fall, and the Shanghai index fell nearly 5% to 3100 points. As of the close, the Shanghai index fell 4.95%, the Shenzhen composite index fell 4.36% and the gem index fell 2.55%. On the disk, all industry sectors fell, with heavyweight sectors such as coal, real estate and steel leading the decline. The turnover of Shanghai and Shenzhen stock markets exceeded 1.1 trillion yuan.
Hong Kong stocks: Hong Kong stocks continued their decline, and the Hang Seng Index fell 5.72% to 18500 points; The Hang Seng technology index fell 8.1% to a record low. When returning to Hong Kong, concept stocks fell collectively, with Alibaba falling more than 11%, ideal car falling more than 17%, JD falling more than 10%, Xiaopeng car falling more than 10% and Tencent falling more than 10%.
Shanghai Shenzhen Hong Kong stock connect: march 15, statistics showed that the total net sales of northbound funds were 16.025 billion yuan, including 8.864 billion yuan for Shanghai Stock connect and 7.161 billion yuan for Shenzhen Stock connect. Among the top ten traded stocks, the top two in net purchases are China Merchants Bank Co.Ltd(600036) , Midea Group Co.Ltd(000333) , with net purchases of 76 million yuan and 46 million yuan respectively. The top three in net sales are Kweichow Moutai Co.Ltd(600519) , China stock market news and Contemporary Amperex Technology Co.Limited(300750) , with net sales of 2.706 billion yuan, 1.253 billion yuan and 1.061 billion yuan respectively.
On the third day of the month, the net inflow of funds into the tiger list was the largest. Data show that the stock fell 2.35% during the day and rose 14.01% in the past three days. The net inflow of funds into the top seat of Shanghai Stock connect was 287631 million yuan on the third day. A total of 22 stocks were involved in the institutional participation list, of which 8 were net bought by the institution, Yonghui Superstores Co.Ltd(601933) was the most bought, with a net purchase of 381 million yuan in three days. In addition, 14 shares were net sold by institutions, and Zhejiang Ausun Pharmaceutical Co.Ltd(603229) was the most sold, with a net sales of 641748 million yuan in three days.
margin trading : as of March 14, the balance of Shanghai and Shenzhen stock markets was 1706107 billion yuan, a decrease of 1.253 billion yuan compared with the previous trading day.
Among them, the financing balance was 161477 billion yuan, an increase of 1.398 billion yuan over the previous trading day; The balance of securities lending was 91.337 billion yuan, a decrease of 2.651 billion yuan compared with the previous trading day.
Shibor : Shibor reported 2.0630% overnight, unchanged from the previous day; Shibor reported 2.1220% in seven days, up 1.8 basis points; Three month Shibor reported 2.3630%, up 0.1 basis points
foreign exchange
On March 15, the central parity rate of RMB was reported at 6.376, down 254 points, and the central parity rate of the previous trading day was reported at 6.3506 The onshore RMB closed at 6.3800 against the US dollar at 16:30 on March 15, down 202 points from the previous trading day
property market observation
surging news: on March 15, the National Bureau of statistics released the national real estate development investment and sales from January to February 2022. Data show that in the first two months of this year, the growth rate of national real estate development investment continued to narrow compared with the whole year of 2021, but real estate development investment still maintained growth. [details]
China News Network: Fu Linghui, spokesman of the National Bureau of statistics and director of the Department of comprehensive statistics of national economy, revealed at a press conference of the state information office on the 15th that the downward trend of China’s real estate has slowed down under the continuous stabilization of land price, house price and expectation. Fu Linghui pointed out that since last year, affected by multiple factors, there has been a certain downward trend in the real estate market. However, from this year’s situation, with the joint efforts of all parties, the operation of the real estate market has undergone positive changes. From the perspective of house price index, although the housing sales price index of 70 large and medium-sized cities decreased month on month in January, the decline was narrowing. [details]
International Information
China Central Television finance and Economics: the tension between Russia and Ukraine has led to a rise in global food prices and a threat to food supply. The interruption of spring sowing in Ukraine will exacerbate the global shortage of food supply, the United Nations World Food Programme said on the 14th. At the same time, 40% of the world’s chemical fertilizer products come from Russia. If the supply of such products is interrupted, the grain harvest will be reduced by about 50%. [details]
financial Associated Press: local time on Tuesday (March 15), Volkswagen warned that the challenges facing the automotive industry are increasing. Given the shortage of semiconductors, supply chain bottlenecks, high commodity prices and the conflict between Russia and Ukraine, the company’s growth prospects in 2022 may be affected. The public said that the conflict between Russia and Ukraine has exacerbated the rise of commodities, and the commodity market may remain volatile until 2026. After the escalation of the conflict between Russia and Ukraine, the prices of important raw materials for automobile production such as nickel and palladium soared out of concern about the supply prospect. [details]
futures market
China Futures: China commodity futures closed generally down, with Lu down more than 9%, asphalt and fuel oil down more than 8%, palm oil and LPG down more than 6%, apple and coking coal down more than 5%, iron ore and coke down more than 4%, glass and PVC down more than 3%, manganese silicon and Bank of Shanghai down more than 2%, thread and pig down slightly; Only a few varieties such as Shanghai nickel and SS rose.
International Futures: WTI crude oil futures closed down 6.38% to US $96.44/barrel; Brent crude oil futures fell 6.54% to US $99.91/barrel. COMEX April gold futures fell 1.6% to US $192970 / ounce, a new low since March 2
overseas index
U.S. stock market: the three major U.S. stock indexes closed higher, with the Dow index up 1.82%, the S & P 500 index up 2.15% and the NASDAQ index up 2.92%. Popular Chinese concept stocks rebounded sharply, with fog core technology up nearly 40%, New Oriental up more than 22%, ideal car up more than 12%, bilibilibili up more than 11%, Xiaopeng car up more than 7%, JD and pinduoduo up more than 6%.
European stock markets: major European stock indexes ended mixed, with Germany’s DAX30 index up 0.12%, Britain’s FTSE 100 index down 0.22%, France’s CAC40 index down 0.23% and Europe’s Stoxx 50 index up 0.15%.
Asia Pacific Stock Market: Nikkei 225 index closed up 0.15% to 2534648 points. South Korea’s Kospi index closed down 24.12 points, or 0.91%, at 262153 on March 15.
