The central bank issued the financial science and technology development plan (2022-2025)
On January 4, the central bank announced on its official website that it had recently issued the financial technology development plan (2022-2025). The plan proposes to inject digital elements into the whole process of financial services, run digital thinking through the whole chain of business operation, pay attention to the scientific and technological drive and data empowerment of financial innovation, promote China's financial science and technology from "column and beam" to a new stage of "accumulation and momentum", and strive to realize the leap forward improvement of overall level and core competitiveness by 2025.
The plan proposes eight key tasks, including strengthening financial science and technology governance, Comprehensively Strengthening data capacity-building, building a green and high availability data center, deepening the financial application of digital technology, etc. The plan emphasizes the need to accelerate the all-round application of regulatory science and technology, strengthen the construction of digital regulatory capacity, implement penetrating supervision over financial science and technology innovation, and build a strong risk firewall for finance and science and technology.
Overall, with the combination of digital and financial, financial supervision will be more accurate and comprehensive in the future, which is conducive to the long-term healthy and stable operation of the financial market.
The financing balance decreased. On December 31, the financing balance of A-Shares was 1712.006 billion yuan, a month on month decrease of 9.321 billion yuan; The balance of margin trading was 1832.152 billion yuan, a month on month decrease of 8.578 billion yuan. The balance of financing minus securities lending was 1591.859 billion yuan, a month on month decrease of 10.065 billion yuan.
Net inflow of land stock connect and net outflow of Hong Kong stock connect. On January 4, the net purchase transaction of land stock connect on that day was 460 million yuan, including 68.488 billion yuan of purchase transaction and 68.027 billion yuan of sales transaction, with a cumulative net purchase transaction of 1635.038 billion yuan. Hong Kong stock connect had a net purchase transaction of HK $1.575 billion on the same day, including a purchase transaction of HK $17.645 billion and a sale transaction of HK $19.22 billion, with a cumulative net purchase transaction of HK $2183.225 billion.
Money market interest rates fell. On January 4, Bank Of Shanghai Co.Ltd(601229) inter-bank offered rate Shibor overnight interest rate was 1.9250%, down 20.40bp, Shibor one week was 2.0990%, down 17.20bp. The weighted interest rate of pledged repo of depository institutions was 1.8733% overnight, down 15.91bp and 2.0168% a week, down 27.48bp. The 10-year yield to maturity of China national debt was 2.7855%, up 1.01bp.
US stocks were mixed, while European stocks rose. On January 4, the Dow Jones Industrial Average closed at 36799.65 points, up 0.59%; The S & P 500 index closed at 4793.54 points, down 0.06%; The NASDAQ index closed at 15622.72 points, down 1.33%. European stock markets, French CAC index closed at 7317.41 points, up 1.39%; Germany's DAX index closed at 16152.61 points, up 0.82%; The FTSE 100 index closed at 7505.15, up 1.63%. In the Asia Pacific market, the Nikkei index closed at 29301.79 points, up 1.77%; The Hang Seng Index closed at 23289.84, up 0.06%.
The dollar index rose. On January 4, the dollar index rose 0.05% to 96.2685. The euro fell 0.10% against the dollar to 1.1287. The dollar rose 0.69% against the yen to 116.1250. Sterling rose 0.38% against the dollar to 1.3529. The spot exchange rate of RMB against the US dollar closed at 6.3745, depreciating by 0.02%. The spot exchange rate of offshore RMB against the US dollar closed at 6.3752, depreciating by 0.00%. The central parity rate of RMB against the US dollar closed at 6.3794, depreciating by 0.06%.
Gold rose, crude oil rose and Futures Copper rose. On January 4, Comex gold futures rose 0.76% to close at US $1814.90/oz. WTI crude oil futures rose 1.61% to close at US $77.21/barrel. Brent crude oil futures rose 1.58% to close at US $80.16/barrel. COMEX copper futures rose 1.09% to close at US $4.4705/lb. LME copper three-month futures rose 0.41% to close at US $9795 / ton.
