March 23rd (Wednesday), the main contents of today’s headlines are:
China Securities Journal
More than one trillion yuan of tax rebates will be implemented, and the real economy will usher in a “timely rain”
According to the Ministry of Finance on March 22, the Ministry of Finance and the State Administration of Taxation recently issued the announcement on Further Strengthening the implementation of the tax rebate policy of value-added tax at the end of the period, which has been implemented since April 1. The announcement clearly increased the tax rebate for small and micro enterprises and enterprises in six major industries such as manufacturing, and expanded the scope of tax rebate from increment to stock.
The opening-up of the service industry was expanded, and the comprehensive pilot capacity expansion was accelerated
“Setting up comprehensive pilot projects to expand the opening up of the service industry” is one of the tasks put forward in this year’s government work report. A reporter from China Securities News recently learned that relevant departments are accelerating the work related to the establishment of a comprehensive pilot of expanding the opening-up of the service industry.
The action plan for accelerating the construction of a modern energy system in the 14th five year plan was released, and the futures trading of refined oil, natural gas and other products was promoted in a timely manner
According to the national development and Reform Commission on March 22, the “14th five year plan” for modern energy system was released a few days ago. The plan proposes to promote the evolution of power system to adapt to large-scale and high proportion of new energy. Accelerate the development of wind power and Cecep Solar Energy Co.Ltd(000591) power generation. Improve the low-carbon electrification level of terminal energy consumption, and the sales volume of new energy vehicles will account for about 20% by 2025. Pilot green power trading and accelerate the improvement of the top-level design of the natural gas market. Timely promote futures trading of refined oil and natural gas.
Blue chip stocks show strong growth track and regain the “love” of securities companies
According to the data, among the listed companies that have released the performance forecast for the first quarter of 2022, most of them are expected to be happy, which are intensively distributed in the computer, software information, chemistry and other industries. Looking forward to the future, a number of securities companies said that the growth track may usher in the investment window again, and semiconductor and other fields deserve attention
Shanghai Securities News
Delimitation of “circle” of modern energy system in the 14th five year plan
On March 22, the national development and Reform Commission and the National Energy Administration issued the “14th five year plan” for modern energy system. The plan puts forward a series of objectives for the development of oil, new energy and hydrogen energy. The plan proposes that by 2025, remarkable achievements will be made in the transformation of low-carbon energy, in which the proportion of non fossil energy power generation will reach about 39%, and the proportion of electric energy in terminal energy consumption will reach about 30%.
Organization: give full play to professional advantages and maintain the stable and healthy development of capital market
The executive meeting of the State Council held on March 21 made a series of work arrangements on comprehensive measures to stabilize market expectations and maintain the stable and healthy development of the capital market. This meeting is the deployment of the higher-level meeting on “maintaining the stable and healthy development of the capital market” after the special meeting of the financial commission of the State Council proposed “maintaining the stable and healthy development of the capital market” on March 16, highlighting the country’s high attention and firm determination to maintain the stable and healthy development of the capital market.
The trend of high-level institutional two-way opening of the capital market remains unchanged
China’s capital market is the product of reform and opening up. Adhering to opening up to promote reform and development is an important experience for China’s capital market to gradually expand itself and become mature. Over the past 30 years, the capital market has developed in reform, made progress in opening up and won in cooperation. Two-way opening-up has been deeply embedded in the texture of the capital market. The process of promoting high-level institutional two-way opening-up of the capital market is also a process of continuously improving the ability of the market to serve the high-quality development of the economy.
The market operation is becoming more and more gentle, and the real estate sector is leading
After the ups and downs in the early stage, the recent market performance is relatively flat. Yesterday, after the two cities opened slightly lower, they started the trend of shock differentiation. The concepts related to real estate rebounded across the board, and the collective strength of real estate services, real estate development, decoration and building materials. More than 2600 shares in the two cities closed down, and more than 1900 shares closed up, with a relatively balanced distribution of ups and downs
Securities Times
SASAC of the State Council: strictly investigate major illegal operation and investment
Recently, the state owned assets supervision and Administration Commission of the State Council issued the notice on investigating the responsibility of central enterprises for illegal operation and investment in 2022. The notice specifies the requirements for the accountability of illegal operation and investment in 2022, implements the preliminary verification of clues to violations, seriously investigates and deals with clues to major violations, resolutely prevents the “window breaking effect”, deepens management, improves the promotion and application of proposals, and improves the accountability mechanism. For the effective application of the supervision and accountability information system, all central enterprises should fully build the supervision and accountability information system by the end of June and complete the docking with the SASAC system.
Bank financial products break the net, and investor education also needs to be accurately launched
At the time of the adjustment of the stock market and bond market, the bank financial products that have always been listed with the label of “stability” have also broken the net. According to the data, as of March 22, of the 28624 bank financial products in the whole market, 2263 have broken the net, and another 2143 products are hovering on the edge of breaking the net.
Setting up capital “traffic lights” to help enterprises develop better
The recent meeting of the financial committee of the State Council released a positive signal of platform economic governance, and the share prices of relevant enterprises in the secondary market also rebounded significantly with the support of large repurchase. Market participants believe that as the behavior boundary becomes clearer, the platform economy is expected to usher in a more stable external environment.
The regulatory countdown is less than 40 days! Where will the 100 billion e-cigarette industry go?
On March 11, the Tobacco Monopoly Bureau issued the measures for the administration of e-cigarettes, which will be implemented on May 1, ushering in a new milestone in the development of China’s e-cigarette industry. The industry believes that compliance is a good opportunity for the development of the industry, which will force enterprises to upgrade and assume their due social responsibilities
Securities Daily
Monetary policy was deployed in two heavy meetings within a week to support the real economy. Experts believe that the total amount and structural tools of monetary policy need to continue to work together
At the executive meeting of the State Council held on March 21, it was proposed to “strengthen the support of prudent monetary policy to the real economy, insist on not engaging in ‘flood irrigation’, at the same time, timely use a variety of monetary policy tools, maintain reasonable and sufficient liquidity, and maintain the moderate growth of credit and social financing”; Previously, on March 16, the financial stability and Development Commission of the State Council held a special meeting and proposed that “we should effectively revitalize the economy in the first quarter, take the initiative to respond to monetary policy, and maintain a moderate growth in new loans”.
The issuance of local bonds grew steadily, with the issuance scale of more than 1.6 trillion yuan during the year
On March 22, the Ministry of Finance released data that in the first two months of this year, the country issued 1206 billion yuan of local bonds, of which 1077.6 billion yuan was newly issued. According to the statistics of China stock market news choice, as of March 22, China issued 1639.7 billion yuan of local bonds during the year, including 1432.8 billion yuan of new local bonds.
The budget allocation of 400 billion yuan of special funds for tax rebate for small and micro enterprises was released
On March 22, the Ministry of Finance released the budget allocation table of special funds related to supporting small and micro enterprises’ tax rebate in 2022, which shows that the Ministry of Finance issued a special fund of 400 billion yuan to support small and micro enterprises’ tax rebate.
Social security fund and other long-term capital positions are exposed, and the three major industries of chemical industry, electronics and biomedicine are favored
With the disclosure of the annual reports of Listed Companies in 2021, the latest trends of social security funds, pension funds and enterprise annuities have gradually surfaced. According to the disclosed annual report of 2021, as of March 22, there were social security funds, pension funds and enterprise annuities among the top ten shareholders of 58 companies, mainly involving three industries with stable performance growth: chemical industry, electronics and biomedicine
people’s daily
Strive to stabilize the macro-economic Market
At present, China’s development is still in an important period of strategic opportunities. Long-term and rapid development has laid a solid industrial foundation, rich human resources, continuously enhanced scientific and technological innovation ability, the socialist market economic system has great advantages, stable macroeconomic policies, strong economic toughness and large room for maneuver, the fundamentals of long-term economic improvement will not change, and there are sufficient conditions to maintain an appropriate growth rate in promoting high-quality development, Withstand new downward pressure, stabilize the macro-economic market and constantly strengthen the economic foundation
21st Century Business Herald
Whether the mortgage interest rate has bottomed out under the “hold still” and “general downward trend” of LPR for two consecutive months?
On March 22, it was reported that the loan interest rate of the first house of some banks in Suzhou fell to 4.6%, which was the same as the LPR over five years, which was the lowest level of the first house loan interest rate in the region in recent two years. In this regard, the 21st Century Business Herald reporter asked a number of local bank credit people for confirmation and learned that the news is true, but there are certain requirements for the qualification of customers.
During the year, 102 Hong Kong stock companies spent more than HK $8.5 billion on repurchases, with an average of about 15 repurchases a day
In the morning of March 22, Alibaba announced on the Hong Kong stock exchange that the board of directors of the company had authorized to increase the total share repurchase plan from US $15 billion to US $25 billion. The announcement said that the share repurchase plan announced this time is valid for two years until March 2024. As of the closing on March 22, Alibaba’s Hong Kong stock price was HK $103.8, up 4.5%, with a total market value of HK $2.25 trillion. The repurchase amount may set a record for the repurchase scale of zhonggai shares
first finance
The Fed will soon raise interest rates by 50 basis points, and commodities may become the only favorite
In his speech overnight, US Federal Reserve Chairman Powell made another blockbuster and showed his determination to fight inflation in an all-round way. “It is clearly necessary to act quickly to restore the monetary policy position to a more neutral level, and if this is needed to restore price stability, it needs to move to a more restrictive level.”
China Evergrande conference call to appease investors debt restructuring plan to be released by the end of July
At 9:00 p.m. on March 22, China Evergrande (03333. HK), which had been suspended for two days, held a global investor teleconference. The company’s senior management team made necessary explanations on the recent operation progress and the promotion of debt restructuring
economic reference
Re expansion of national metropolitan area and acceleration of regional integration
Further expansion of national metropolitan areas. Recently, the Xi’an metropolitan area development plan was officially approved. Xi’an has become the fifth national metropolitan area after Fuzhou, Nanjing, Chengdu and Chang Zhu Tan metropolitan areas. The reporter of the economic information daily learned that the development plan of Chongqing metropolitan area has been reported to the national development and Reform Commission, the application for metropolitan area planning in Wuhan, Shenyang, Guangzhou and other places is being vigorously promoted, and the metropolitan area planning in Zhengzhou and other places is also stepping up the preparation.
Energy storage industry welcomes heavy loads and benefits the intensive layout of listed companies
Recently, the national development and Reform Commission and the National Energy Administration issued the implementation plan for the development of new energy storage in the 14th five year plan, which ushered in great benefits for the energy storage industry. The agency believes that under the promotion of policies, the business model of new energy storage may be gradually constructed and mature in the future, and it is expected to usher in large-scale development during the 14th Five Year Plan period.
