Midday reading: the three major A-share indexes fell together, led by Huawei’s Euler concept

[morning review]

In early trading, the three major A-share indexes fell collectively; The Shanghai Composite Index fell 0.13% to close at 320812; The Shenzhen Component Index fell 1.07% to close at 1194406; The gem index fell 1.63% to close at 259483.

From the disk, in terms of industry, real estate development, cultural media, coal industry, real estate services and tourism hotels led the increase; Energy metals, batteries, small metals, brewing industry and wind power equipment led the decline. In terms of concept, Huawei Euler and Hongmeng concept led the two cities. In terms of capital, the main net inflow of real estate development, coal industry, banking, cultural media and oil industry ranks first; The main net outflows of chemical pharmacy, wine making industry, chemical products, energy metals and traditional Chinese medicine ranked first. In terms of energy, as of the closing of the afternoon market, the two markets had a total turnover of 577.07 billion yuan.

[afternoon opportunity]

A few days ago, in response to recent hot issues, a spokesman for the China Banking and Insurance Regulatory Commission said that since 2021, the China Banking and Insurance Regulatory Commission has earnestly implemented the decision and deployment of the CPC Central Committee and the State Council on standardizing the development of the third pillar pension insurance, steadily promoted the development of commercial pension finance, and successively launched the pilot of exclusive commercial pension insurance and pension financial products. Overall, the pilot is progressing smoothly and all parties have responded well.

On the one hand, in June 2021, six insurance companies launched a pilot of exclusive commercial endowment insurance in Zhejiang Province (including Ningbo) and Chongqing. On the other hand, in September 2021, four financial management subsidiaries carried out pilot pension financial products in Wuhan, Chengdu, Shenzhen and Qingdao. In addition, the pilot of pension savings is about to start, and the pilot of commercial pension plan mainly for low – and middle-income people is being prepared. At the same time, a series of policies have been launched recently to standardize and promote the development of pension insurance institutions, support the construction of pension insurance institutions, encourage them to participate in pension financial reform, further enrich the supply of pension finance and meet the diversified pension needs of the people.

In the next step, the CBRC will continue to promote the development of commercial pension finance in an orderly manner, encourage and support banking and insurance institutions to actively explore and innovate based on the pension needs of the people, launch more diversified pension financial products, optimize the management mechanism, create a new situation in the development of pension Finance with novel businesses, high-quality services and prudent operation, and effectively enhance the people’s sense of gain, happiness and security. It is suggested to pay attention to investment opportunities in relevant industries.

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