On Friday, January 7th, the main contents of today’s headlines are:

China Securities Journal

The first quarter is expected to be an “important window” for monetary policy

Under the background of increasing uncertainties in the overseas market, some institutions believe that in the coming period, the “I-oriented” feature of China’s macro-control will be further highlighted, the moderate advance of policy force will be further clarified, and the first quarter is expected to become an important window period of policy force. Here, the RMB exchange rate may become an important balancer for internal and external balance, and the exchange rate elasticity is expected to further increase.

Cbcirc: the banking and insurance industry’s ability to serve the real economy continued to consolidate

A number of bankers introduced at the regular press conference of the banking and insurance industry on January 6 that in 2021, the banking industry will continue to increase its support for key areas such as manufacturing and small and micro enterprises. At the same time, financial institutions have increased their layout in the field of green finance and achieved good results. Zhang Zhongning, spokesman of the CBRC, said that the ability of the banking and insurance industry to serve the real economy continued to consolidate.

Pay attention to the appropriateness of investors, manage “snowball” products and meet the strong wind of supervision

The reporter learned from a number of people in the trust industry that some companies have been guided by the window recently, and the “snowball” trust products are not allowed to be raised from C-end investors. Some people in the trust industry said that the company carried out business publicity at the first time and investigated the scale of relevant projects. For the industry, due to the small scale of “snowball” trust products, it has little impact on the industry.

The “no man’s land of institutions” of the opening year market of the six securities companies breeds a new direction

The start of A-Shares in 2022 was a bit unexpected, and some investors were confused about the short-term trend, style, configuration and other issues of a shares. The reporter combed the views of the six major securities companies. They generally said that the short-term A-shares are close to the bottom of the adjustment, and the driving logic of the spring market is still; In terms of configuration, we can pay attention to the “institutional no man’s land” and enjoy the structural market brought by institutional position rebalancing.

Shanghai Securities News

The overall plan for the pilot of comprehensive reform of market-oriented allocation of factors was released to develop a multi-level equity market and support the listing or listing financing of high-quality scientific and technological enterprises

The general office of the State Council recently issued the overall plan for the pilot of comprehensive reform of market-oriented allocation of factors, which puts forward 8 tasks and 24 major measures around the reform of market-oriented allocation of factors such as land, labor, capital, technology and data, in order to promote the in-depth development of the reform of market-oriented allocation of factors.

Support the supply of high-quality products and speed up the registration of new funds

The development of the public offering industry welcomes the good again. The reporter learned that recently, the securities fund institution Supervision Department of the CSRC issued an institutional supervision circular entitled “further promoting simplification of administration and decentralization and further optimizing the registration mechanism of public fund products”. The circular pointed out that in order to promote the high-quality development of the public fund industry, the public fund product registration mechanism will be further optimized, the registration efficiency will be continuously improved, and industry institutions will be supported to increase the supply of high-quality products.

Mainstream mobile phone manufacturers are entering the market, and the folding screen industry chain is about to break out

Recently, mainstream mobile phone manufacturers have launched new products one after another, and the folding screen industry seems to be the night before the outbreak. At the same time, the industrial chain is also busy, and news about the expansion and production of core accessories production line continues to come. The reporter found that with the gradual maturity of folding screen mobile phones in hardware supply, innovation interaction and application ecology, all parties in the market are optimistic about the large volume of folding screen mobile phones in 2022.

In 2021, the total amount of A-share equity incentive exceeded the expectation, and the multi period incentive was normalized

The report shows that in 2021, 808 A-share listed companies announced 826 equity incentive plans, an increase of 82.74% over 452 in 2020. Multi period equity incentive has developed rapidly in 2021, with 210 multi period equity incentive plans in 2020 and 390 multi period equity incentive plans in 2021.

securities times

A-share track switching brewing new machine due to superimposed impact of internal and external factors

After the beginning of the year, A-Shares have been adjusted for three consecutive days. Many brokers said that the current round of market adjustment is within the expected range, and external factors are one of the leading logic of the adjustment. The interest rate of US bonds jumped, not only a shares, but also Hong Kong stocks and US technology stocks. Fund companies generally believe that the position adjustment and stock exchange of institutional funds, the rise of US bond interest rate, the accelerated tightening of monetary policy and the spontaneous re smoothing of market style are the main reasons for the intensification of recent market fluctuations.

Fund companies’ unwinding of A-Shares fell three times in a row in the beginning of the year: the overvalued sector is not welcome for the time being, and the balanced allocation in 2022 is more reliable

At the beginning of 2022, A-Shares fell for three consecutive trading days, and the whole disk was full of “green” and “fund crash” continued to hit the hot search. For asset allocation during the year, a number of fund companies suggest balanced allocation and seeking progress while maintaining stability. The situation of extreme market structure in the past two years may change.

Overseas monetary policy accelerated to shift to global macro liquidity

The intensification of overseas inflation is constantly driving the accelerated shift of monetary policy. The latest minutes of the Fed’s interest rate meeting show that not only the time point of the first interest rate increase may be advanced, but more importantly, the table contraction may also come faster. The accelerated shift of overseas monetary policy is stirring up a major change in global macro liquidity.

The policy continues to overweight, and the inflection point of the medium and long-term trend of traditional Chinese medicine has emerged

Under the comprehensive influence of the recent continuous overweight of the traditional Chinese medicine industry policy, the gentle landing of centralized procurement, the double prosperity of the application and approval of new drugs and other factors, people in the industry are generally optimistic about the industrial development and believe that the medium and long-term upward development trend of the traditional Chinese medicine industry has been determined, but the long-term trend of the industry will still be differentiated.

Securities Daily

The total investment of major projects this year will be updated to 1.74 trillion yuan

According to statistics, as of 16:00 on January 6, major “official publicity” projects in Shanghai, Zhejiang, Anhui, Sichuan, Hainan and other places have been started. Analysts said that the centralized commencement of major projects at the beginning of the year will directly drive investment demand and reverse the trend of demand contraction. This reflects the characteristics of the current round of counter cyclical regulation of macro policies. It is also a concrete embodiment of the coordinated and stable growth of fiscal, financial and industrial policies, which helps to boost market confidence.

Ten billion yuan private placement Zhengxin valley was questioned by many investors. Experts believe that whether to trigger the contract offer is the key

Recently, the 10 billion yuan private placement Zhengxin valley was revealed by investors: the net value of the company’s related products withdrew significantly, and it is suspected that there are “acting fund managers”, high-level takeover, transfer of interests and so on. Some experts said that disputes between investors and asset managers and the farce of “separation” of management institutions due to internal strife are everywhere, and the fundamental way to solve such problems is to judge whether the asset management institutions have violations of rules and disciplines according to the contracts signed between investors and institutions.

“Survival of the fittest” function highlights the emergence of the first delisting companies in 2022

At the beginning of the new year, Xin Jiang Ready Health Industry Co.Ltd(600090) , Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) and Zhengzhou Sino-Crystal Diamond Co.Ltd(300064) refreshed the “notice on the risk of compulsory delisting that may be subject to major violations”. The three companies are waiting for the supervision to officially issue the decision on administrative punishment. Market participants believe that the delisting system of the capital market has been gradually improved, but there is still room for further optimization if it is to match the reform of the whole market registration system and truly give full play to the function of “survival of the fittest”.

If the balance of the bank card is less than 10 yuan, it will be included in the sleep account

The bank’s “card breaking” action is still in progress. According to the announcement issued by Industrial And Commercial Bank Of China Limited(601398) , as of January 10, 2022, there has been no customer active transaction for more than three consecutive years (including three years), the balance of current account is less than 10 yuan, and the accounts that have not signed credit card, personal loan repayment and other collection and payment agreements are included in the scope of Industrial And Commercial Bank Of China Limited(601398) This investigation. Since last year, many banks have issued relevant announcements for “sleep accounts”, and the scope of cleaning and investigation is constantly upgrading.

21st Century Business Herald

Big asset management industry opens a new era

The transition period of new asset management regulations has ended at the end of 2021. At the beginning of 2022, the big asset management industry has officially turned a new page. Since the four years of the transition period, the asset management industry has undergone earth shaking changes, such as breaking the rigid exchange, deeply rooted in the hearts of the people, the first cash net value of financial products has fallen below 1, financial subsidiaries are moving forward in exploration, non-standard scale has fallen again and again, and so on.

Disappeared fund sales “made a good start”: star fund managers also sell only single digits

At the beginning of the new year, the issuance of public funds entered the fast lane. On the first day of the new year, 18 new funds were launched, including star fund managers with excellent performance last year. According to the reporter, there was no hot sales situation. Some raised funds in single digits on the first day, which was far from the “explosion” level, and even mediocre.

people’s daily

In 2020, the added value of patent intensive industries in China will exceed 12 trillion yuan, and intellectual property rights will enable high-quality development

In recent years, the quality and efficiency of intellectual property in China have improved rapidly, and the cause of intellectual property has achieved leapfrog development. On December 30, 2021, the State Intellectual Property Office and the National Bureau of Statistics jointly issued the announcement on the added value data of national patent intensive industries in 2020. The announcement shows that in 2020, the added value of national patent intensive industries will exceed 12 trillion yuan, reaching 12.13 trillion yuan; The proportion in GDP was 11.97%, an increase of 0.35 percentage points over the previous year.

first finance

Ranking of employment in 31 provinces: Guangdong ranks first, and these ten provinces exceed 30 million

According to the China Statistical Yearbook 2021 recently released by the National Bureau of statistics, after combing the data of the number of employed people, the proportion of employed people in the population, and the proportion of people in the three industries and cities in 31 provinces, the reporter found that Guangdong has more than 70 million employed people, far ahead of the whole country; In addition, Zhejiang has the highest proportion of employed persons in the permanent population, and Beijing has the highest proportion of employed persons in the tertiary industry in the total employment.

Behind the audit and taxation of sole proprietorship partnership: strict tax collection and management for high-income people

It is a general trend to strengthen the tax collection and management of high-income people. If last year was characterized by the star anchor tax investigation storm, this year may be some investors who evaded taxes by means of approved taxation.

economic reference daily

Intensive deployment of central and local governments to boost manufacturing investment

The reporter noted that recently, a new round of measures are being intensively deployed from ministries and commissions to local governments to boost steady industrial growth and boost manufacturing investment. On the one hand, the key projects in the field of industry and Information Technology identified in the 14th five year plan should be started as soon as possible to promote the construction of new infrastructure; On the other hand, we will strengthen the support of enterprise digitization and green transformation, and enhance the momentum of development through transformation and upgrading.

“Internet Department” intensively increased capital and intensified the reshuffle of small loan industry

For some time, a number of Internet platforms, including JD technology, meituan, Tencent and byte beat, have increased their capital in their small loan companies. The analysis points out that the online small loan has the qualification of nationwide exhibition, which is highly matched with the Internet attribute of the giant. Internet giants cut into the small loan industry with capital and flow advantages, which will further aggravate the industry reshuffle.