March 29th (Tuesday), the main contents of today’s headlines are:
China Securities Journal
The special additional deduction policy of individual income tax for the care of infants under 3 years old was introduced to reduce the burden of raising children
On March 28, the State Council decided to set up a special additional deduction of individual income tax for the care of infants and young children under the age of 3. From January 1, 2022, the relevant expenses of taxpayers caring for infants and children under the age of 3 shall be deducted according to the standard quota of 1000 yuan per month for each infant and child before calculating and paying personal income tax.
Top level design of green silk road: four departments: encourage Cecep Solar Energy Co.Ltd(000591) power generation and wind power enterprises to “go global”
One belt, one road, was issued by the four national development and Reform Commission on March 28th. The Joint Commission issued the “opinions on promoting green development along the belt”. It encouraged Cecep Solar Energy Co.Ltd(000591) power generation and wind power enterprises to go out and encouraged enterprises to invest in new energy industries and new energy vehicle manufacturing. We will comprehensively stop the construction of overseas coal power projects and steadily and prudently promote overseas coal power projects under construction. Orderly promote the two-way opening of green financial markets, and encourage financial institutions and related enterprises to carry out green financing in the international market.
Performance exceeded expectations, and institutions actively increased their positions in bank stocks
On March 28, the A-share banking sector performed strongly, with 32 of the 42 banking stocks rising, China Citic Bank Corporation Limited(601998) , Xiamen Bank Co.Ltd(601187) rising by more than 5%. Since March 16, the bank index (CITIC) has increased by nearly 8% and some stocks have increased by more than 10%. Insiders believe that the recent strong trend of the banking sector is related to the higher than expected performance of listed banks in 2021 and the higher dividend ratio. Looking forward to the future, the prosperity of high-quality small banks is high, and investors are advised to seize investment opportunities.
Bottom features show that A-Shares are expected to gradually stabilize
Since March, the A-share market has continued to adjust. As of March 28, the Shanghai index, Shenzhen Component Index and gem index have fallen by 7.16%, 11.19% and 9.97% respectively. Recently, the turnover of A-Shares continued to shrink, and there were many bottoming signals in the market. Analysts said that at present, A-Shares have fallen back to the level of undervalued value and have good medium and long-term investment performance price ratio
Shanghai Securities News
Beijing stock exchange reviewed and accelerated the IPO guidance of the basic layer company of the new third board
The examination of new shares of Beijing stock exchange (hereinafter referred to as “Beijing stock exchange”) is speeding up. Since last week, the rhythm of new share audit of Beijing stock exchange has changed from “one audit per week” to “three audits per week”. This week, the Shanghai municipal Party committee of the Beijing stock exchange will hold two review meetings, which will be held by three enterprises, including Rongyi precision, Audi Wei and xinhuike.
SASAC helps small and micro enterprises in the service industry to reduce the rent for up to 6 months
On the 28th, the website of the state owned assets supervision and Administration Commission (SASAC) issued the notice on doing a good job in the rent reduction and exemption of small and micro enterprises and individual industrial and commercial households in the service industry in 2022, requiring all central enterprises to comply with the requirements of Document No. 271 (i.e. several policies on promoting the recovery and development of difficult industries in the service industry), For small and micro enterprises in the service industry and individual industrial and commercial households that rent the houses of central enterprises in the county-level administrative areas where the areas listed as medium and high-risk areas in 2022 (with reference to the national administrative division standards), the rent of the current year shall be reduced for 6 months (for those listed as medium and high-risk areas in the fourth quarter, the rent of the current year or the rent of the next year shall be reduced in full).
1000 yuan per month for each infant, and the special additional deduction of individual income tax for the care of infants under 3 years old is clear
The recently issued notice of the State Council on the establishment of special additional deduction of individual income tax for the care of infants and young children under the age of 3 (hereinafter referred to as the notice) clearly stipulates that the relevant expenses of taxpayers for the care of infants and young children under the age of 3 shall be deducted according to the standard quota of 1000 yuan per infant per month. The policy will be implemented from January 1, 2022.
National Development and Reform Commission: promote more stock projects to issue infrastructure REITs
The national development and Reform Commission recently issued the notice on further improving the docking of social capital investment and financing cooperation (hereinafter referred to as the notice), which proposed to promote more qualified stock projects to issue infrastructure REITs
Securities Times
State Council: special additional deduction of individual income tax for care of infants under 3 years old
On March 28, the notice of the State Council on the establishment of special additional deduction of individual income tax for the care of infants and young children under the age of 3 was issued, which made it clear that families caring for infants and young children under the age of 3 can enjoy the reduction of individual income tax. The notice stipulates that from January 1, 2022, the relevant expenses of taxpayers caring for infants and children under the age of 3 shall be deducted according to the standard quota of 1000 yuan per infant per month before calculating and paying personal income tax.
Stable expectation is to stabilize the market, and the fund industry is eager to implement active policies
The recent meeting of the financial committee of the State Council and the executive meeting of the State Council responded to hot market issues in a timely manner, put forward the deployment of comprehensive measures to stabilize market expectations and maintain the stable and healthy development of the capital market. On March 25, a spokesman for the China Banking and Insurance Regulatory Commission said that it would promote the establishment of a financial stability guarantee fund as soon as possible to accumulate reserve funds for major risk disposal.
At the end of the quarter, the central bank’s reverse repo increased to 100 billion yuan, and the RRR reduction in the second quarter can be expected
The financial data in February was slightly lower than expected, and there were seasonal and temporary factors. Under the clear policy tone, it is expected that the people’s Bank of China may reduce the reserve requirement in the near future, in order to expand credit and stabilize growth. At the end of the inter month superposition season, the people’s Bank of China once again increased its open market operation. On March 28, the central bank announced that in order to maintain stable liquidity at the end of the quarter, on March 28, 2022, the people’s Bank of China carried out 150 billion yuan reverse repurchase operation by means of interest rate bidding, and the bid winning interest rate was 2.1%. As 30 billion yuan of reverse repo expired on March 28, the people’s Bank of China realized a net investment of 120 billion yuan in the open market.
The prosperity of new energy vehicles boosted the performance of many companies in the first quarter
The continuous hot new energy vehicle market has significantly boosted the benefits of upstream and downstream enterprises in the industrial chain. After the substantial increase of profit in 2021, many companies made another performance prediction in the first quarter of 2022
Securities Daily
A number of public offering REITs pilot institutions stated that they were ready to raise funds and actively screened high-quality assets
On March 28, the general office of the national development and Reform Commission issued the notice on further improving the docking of social capital investment and financing cooperation, which proposed to promote more qualified stock projects to issue infrastructure REITs.
The financial data in March is expected to pick up, and the industry expects the increment of social finance to exceed 3.5 trillion yuan
“From the situation over the years, the financial data in March usually performed well, and the superposition policy will continue to work. It is expected that the new credit and social finance are expected to rise, which will be better than that in February.
” Bank Of China Limited(601988) Research Institute researcher Liang Si said in an interview with Securities Daily.
Expert: CPI will increase by about 1% year-on-year in March
The end of the month is approaching. For the consumer price index (CPI) and industrial producer price index (PPI) in March, experts predict that CPI will increase by about 1% year-on-year and PPI will increase by 9.5% year-on-year.
439 fund annual reports revealed that fund managers preferred new energy and military industry this year
After China Post Fund took the lead in opening the behind the scenes of the disclosure of the 2021 annual report of public funds, as of 16:00 on March 28, at least 12 fund managers have announced the “achievements” of their funds, and the follow-up investment strategies of excellent fund managers have also surfaced. Another fund manager announced to postpone the disclosure of its fund’s 2021 annual report
people’s daily
Fully stimulate the advantages of digital medicine (people’s current review)
Turn on your mobile phone and you can have an online consultation; After taking CT images, you can automatically diagnose and produce results… In recent years, with the application of digital technologies such as 5g communication, artificial intelligence, big data and cloud computing in the medical field, new medical formats such as remote consultation, Internet hospital and intelligent medical treatment have been emerging and booming. At present, more than 2200 tertiary hospitals across the country have preliminarily realized information exchange and sharing in hospitals, more than 7700 public hospitals provide Internet medical services, and the number of online medical users is nearly 300 million. With the rapid development of digital medicine, more and more patients feel the convenience of medical treatment
21st Century Business Herald
The total amount is hundreds of billions of yuan! Debate on IPO over raising: how to allocate funds reasonably?
Since the implementation of the new regulations on inquiry in September 2021, there have been more and more over raising in the A-share market. The 21st Century Business Herald reporter sorted out the data and found that as of March 23, there were 313 enterprises with over raised funds under the registration system, with a total amount of 206 billion yuan.
Many ministries and commissions focus on the rise of power battery prices: the balance between supply and demand of lithium resources may be restored in two or three years
Is the shortage of lithium resources a short-term problem or a long-term problem? When can the price rise be alleviated? How should battery enterprises and OEMs respond? How can government departments ensure the safety of the industrial chain? Only by solving a series of problems can China Shanxi Guoxin Energy Corporation Limited(600617) automobile continue the good development trend accumulated over the past years
first finance
New game of power battery under soaring price: prepayment has become the norm, and some car enterprises have put forward the “price red line”
Public data show that in 2021, the price of lithium carbonate in China rose from 50000 yuan per ton at the beginning of the year to 500000 yuan per ton at the end of the year, and the price rose 10 times in one year, putting pressure on battery enterprises and new energy vehicle enterprises. Wan Gang, chairman of the China Association for science and technology, said at the 100 people meeting that since the second half of last year, the price of power battery materials has increased rapidly, which has deviated from supply and demand and produced abnormal growth.
More than 200 million household appliances should be scrapped and recycled to meet the investment fever
At present, the number of household appliances in China has exceeded 2.1 billion, and the elimination rate has increased by 20%. It is expected that the scrap volume will exceed 200 million in 2022. Under the guidance of the national “double carbon” goal, the industrialization of China’s waste household appliance recycling industry is ushering in a new round of investment boom
economic reference
There are sufficient financial precision tools to support the “active response” of real monetary policy
To have a source of fresh water. A series of financial data reflects the effectiveness of sound monetary policy in the first quarter of this year, which is sufficient, accurate and forward, and transmits a positive signal of financial “moistening” entities, steady growth and stable expectations. Looking forward to the future, there are sufficient monetary policy tools, there is room for interest rate and reserve requirement cuts, and structural monetary policy tools will also play a greater role.
The performance of many companies has changed and the impairment of assets has eroded profits
The annual report disclosure of A-share listed companies is in full swing. Compared with the performance forecast released in the early stage, some listed companies have “changed face” in performance. According to the incomplete statistics of the reporter of economic information daily, as of March 28, 13 listed companies had issued the revised announcement of 2021 annual performance forecast during the year. Among them, a total of 10 listed companies revised their performance downward, mainly due to the re accrual of asset impairment losses. However, compared with the same period last year, the number of listed companies with “face change” in performance this year has converged.
