daily selection
China Central Television: 11-12, Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, inspected Nanchang and Shangrao, Jiangxi Province. He stressed that we should take the Xi Jinping new era thought of socialism with Chinese characteristics as the guide, implement the deployment of the CPC Central Committee and the State Council, accelerate the implementation of policies and measures such as helping enterprises to relieve poverty, promote reform and opening up, effectively respond to unexpected changes in China’s external environment, stabilize employment and prices, stabilize the macro-economic market, and effectively protect people’s livelihood. [details]
surging news: song Qichao, head of the budget department of the Ministry of Finance and director of the government debt research and evaluation center, said that according to the decision-making and deployment of the CPC Central Committee and the State Council, the investment of special bonds in the field remained stable in 2022, and optimized and adjusted in combination with the new situation in economic operation. In 2022, the Ministry of Finance reasonably expanded the scope of use of special bonds, mainly including three aspects: first, increase investment in areas such as benefiting people’s livelihood and solving people’s concerns. The second is to support the construction of projects to increase stamina and raise the level. Third, promote the construction of weak and strong projects. [details]
interface news: according to the information of the State Administration of market supervision on April 12, the compulsory national standard of electronic cigarette was approved by the State Administration of market supervision (National Standardization Administration Committee) on April 8. It is hereby issued and will be implemented from October 1, 2022. [details]
macro economy
Xinhuanetco.Ltd(603888) : national Greening Committee plenary meeting was held in Beijing on the 12th. Han Zheng, member of the Standing Committee of the Political Bureau of the CPC Central Committee, vice premier of the State Council and director of the national Greening Committee, attended the meeting and made a speech. The meeting thoroughly studied and implemented the spirit of the important speech and instructions of Xi Jinping general secretary on land greening, implemented the decisions and arrangements of the CPC Central Committee and the State Council, reviewed relevant documents, summarized the land greening work in 2021, and studied and deployed the key tasks in the next stage. Han Zheng stressed the need to strengthen the planning and management of land greening space, implement afforestation and greening space into land space planning at all levels, promote the expansion of green and improve quality according to local conditions, coordinate land greening and cultivated land protection, and strictly abide by the red line of 1.8 billion mu of cultivated land. We should improve the measurement and monitoring system of forest and grass carbon sequestration, implement the pilot of the value realization mechanism of ecological products, and improve the ecological protection compensation system. [details]
Ministry of transport: Ministry of transport issued a notice on further coordinating the prevention and control of highway traffic epidemic and ensuring smooth traffic, requiring the scientific and reasonable setting of highway epidemic prevention inspection points. It is strictly prohibited to set up more than 2 (including) epidemic prevention checkpoints in the same section and direction of ordinary roads; It is strictly prohibited to set up epidemic prevention checkpoints in the main line and service area of the expressway; It is strictly prohibited to block or close expressways and ordinary highways without authorization; Simplification and “one size fits all” of prevention and control measures are strictly prohibited. We should further optimize the detection methods and processes, improve the detection efficiency, strengthen traffic dredging, reduce vehicle congestion and slow down, and minimize the impact of the epidemic on economic and social development. It is required to do everything possible to ensure the normal operation of the service area, and the expressway service area affected by the epidemic situation should adhere to the open operation state and shall not be closed without authorization. [details]
financial Associated Press: Wang Wentao, Secretary of the Party group and Minister of the Ministry of Commerce, held a special meeting on the afternoon of the 12th to work with the Ministry of transport to ensure the smooth transportation of freight logistics, ensure the supply of daily necessities for the people in key areas of epidemic prevention and control, and help stabilize the basic market of foreign trade and foreign investment. The meeting pointed out that we should actively promote the solution of the urgent difficulties and expectations of the people and market subjects, open up the blocking points, solve the difficulties and eliminate the pain points. In combination with the characteristics and demands of foreign trade and foreign-funded enterprises, we should do a targeted job in ensuring the smooth flow of freight logistics, adhere to the principle of stability, seek progress while maintaining stability, and stabilize the basic market of foreign trade and foreign investment. [details]
industry trends
Securities Times: according to the latest retail sales data of the passenger Federation, the sales volume of China’s narrow passenger car market in March reached 1.579 million, a year-on-year decrease of 10.5% and a month on month increase of 25.6%; From January to March, the cumulative sales volume was 4.915 million, a year-on-year decrease of 4.5%. In March, the total wholesale sales volume of top 15 auto enterprises was 1.341 million, and the market concentration was 73.9%, down 0.7 percentage points from the previous month. [details]
China News Network: Chai Wenzhong, a first-class inspector of Beijing Municipal Urban Management Commission, mentioned at the press conference of Beijing’s urban management and development plan during the 14th Five Year Plan period on the 12th that Beijing supports and encourages the electrification of charging facilities into the reconstruction project of old residential areas, and promotes the “full installation” of electric vehicle charging facilities in residential areas. By the end of the 14th five year plan, there were 700000 electric vehicle charging piles in the city. [details]
daily economic news: banking institutions are constantly strengthening the management of online channels of personal accounts. Recently, several banks including China Everbright Bank Company Limited Co.Ltd(601818) , Shanghai Pudong Development Bank Co.Ltd(600000) , Agricultural Bank Of China Limited(601288) and others have successively issued announcements to reduce the transaction limits of online related businesses of personal accounts, including online transfer limits and online payment transaction limits. [details]
Xinhuanetco.Ltd(603888) : Shanxi Provincial Leading Group Office for clean and heating work recently issued the work plan for clean and heating in winter 2022 in Shanxi Province, which requires that the bulk coal in Jinzhong Basin be completely cleared before the heating season 2022. [details]
stock market focus
first finance: Citic Securities Company Limited(600030) released the performance express. In the first quarter of 2022, the group achieved an operating revenue of 15.216 billion yuan, a year-on-year decrease of 7.2%; The net profit attributable to the shareholders of the parent company was 5.229 billion yuan, a year-on-year increase of 1.24%. [details]
China Securities News: on April 12, the three major indexes of A-Shares rebounded comprehensively, and the net purchase of northbound funds exceeded 9 billion yuan on April 12. Industry insiders said that the long-term trend of A-Shares depends on its own fundamentals. Under the policy expectation of “stable growth”, the long-term fundamentals of China’s economy will not change, and China’s assets are still attractive for investment. At the same time, the high-quality development of A-share listed companies has achieved initial results, the performance has increased, and the company’s share price trend is stable, which will form a strong support for the stock market.
[details]
financial Associated Press: april 12, the three major indexes rose sharply in the afternoon. As of the closing, both the Shenzhen Composite Index and the gem index rose by more than 2%. However, the new shares listed on the 12th did not perform well. N Haichuang (Haichuang pharmaceutical) and N Weijie (Weijie Chuang core) fell by nearly 29.9% and 36% respectively, while n Reid (Reid Intelligence) was the only one to rise by nearly 5%. Huajin Securities pointed out that under the background that the overall market risk appetite is relatively low and the investment preference is more obvious to “steady growth”, although the current IPO pricing is somewhat flat compared with the peak period, it has failed to show a higher valuation cost performance than comparable companies in the secondary market. The overall performance of the new stock sector is flat, and it is mainly based on individual stock structural opportunities. In the short term, considering that there are some new shares with relatively low absolute P / E ratio in the batch of new shares that have been subscribed but not yet listed, the performance of new shares may be improved. [details]
Securities Times: on April 13, the construction of Hainan free trade zone (port) will usher in the fourth anniversary. In addition, the 2022 annual meeting of Boao Forum for Asia will be held in Boao, Hainan from April 20 to 22, with the theme of “epidemic situation and the world: jointly promoting global development and building a common future”. According to the overall plan for the construction of Hainan free trade port, Hainan will be divided into three stages: 2025, 2035 and 2050. The completion of Hainan free trade port will play an important role in China’s continued expansion of opening-up and foreign trade. [details]
subscription of new shares: saiweidian
new bond subscription: none
IPO: Junxin Co., Ltd., Jindao Technology
new bond listing: none
company news
Hangzhou Alltest Biotech Co.Ltd(688606) : signed a strategic cooperation framework agreement with Zhende Medical Co.Ltd(603301) subsidiary covid-19 antigen detection kit
Wuxi Xuelang Environmental Technology Co.Ltd(300385) : holding subsidiary temporarily stopped production due to the impact of the epidemic
Guangdong Highsun Group Co.Ltd(000861) : subsidiary cooperates with SDIC blue new energy to promote the implementation of new energy projects
Jiangxi Hongcheng Environment Co.Ltd(600461) : plans to acquire 100% equity of Lantian Bishui, Anyi water department and assets of Yangzizhou water plant by agreement
Yibin Tianyuan Group Co.Ltd(002386) : net profit in 2021 increased by 453.33% year on year
Youngy Co.Ltd(002192) : net profit in 2021 increased by 224.49% year on year
Bank Of Jiangsu Co.Ltd(600919) : net profit in 2021 increased by 30.72% year-on-year, and it is proposed to send RMB 4 out of 10
Bgi Genomics Co.Ltd(300676) : first quarter net profit is expected to decrease by 33.33% – 42.85% year on year
Yunnan Copper Co.Ltd(000878) : first quarter net profit increased by 138% – 200% year-on-year
Crrc Corporation Limited(601766) : estimated net profit in the first quarter decreased by 70% – 90% year-on-year
Henan Yicheng New Energy Co.Ltd(300080) : controlling shareholder China Pingmei Shenma Group plans to increase its shares by RMB 100 million to RMB 300 million
Sanan Optoelectronics Co.Ltd(600703) : planned share repurchase of 500800 million yuan
Hainan Haide Capital Management Co.Ltd(000567) : signed a cooperation agreement on the development of all vanadium liquid flow energy storage battery industry
toend the of the 91
Shanghai and Shenzhen Stock Markets: april 12, the three major A-share indexes were weak and volatile, rebounded in the afternoon, and fluctuated upward. As of the close, the Shanghai index rose 1.46%, the Shenzhen Composite Index rose 2.05% and the gem index rose 2.5%. On the disk, hotel catering, tourism, wine making, shipping, transportation services, transportation facilities, securities and other sectors led the rise, while tourism, tax-free concept and new retail raised the tide of limit; Real estate, building materials, construction and other sectors fell. More than 3800 stocks in the two cities rose, and the net purchase amount of northward funds exceeded 9 billion yuan.
Hong Kong stocks: Hong Kong Hang Seng Index closed up 0.52%, Hang Seng technology index closed up 1.4%. Game stocks rose, BiliBili rose more than 12%, fingertip Yuedong rose more than 20%, and Tencent rose more than 3%. Internet technology stocks split, Jingdong and the US group rose by over 4%, and Kwai fell by over 7%.
Shanghai Shenzhen Hong Kong stock connect: april 12, northbound capital bought a net 9.137 billion yuan throughout the day, ending the net selling trend for four consecutive days; Among them, the net purchase of Shanghai Stock connect was 4.227 billion yuan and that of Shenzhen Stock connect was 4.91 billion yuan. Among the top ten traded stocks, China Vanke Co.Ltd(000002) received a net purchase of RMB 464 million, with a net purchase volume reaching a new high of more than one year, Kweichow Moutai Co.Ltd(600519) received a net purchase of RMB 417 million, Sungrow Power Supply Co.Ltd(300274) , Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) net purchase of nearly RMB 300 million, and China State Construction Engineering Corporation Limited(601668) , Wuliangye Yibin Co.Ltd(000858) net purchase of more than RMB 200 million. In terms of net sales, China Merchants Bank Co.Ltd(600036) suffered a substantial net sales of 671 million yuan, a one month high net sales, Jiangsu Hengrui Medicine Co.Ltd(600276) suffered a net sales of 290 million yuan, and Citic Securities Company Limited(600030) suffered a net sales of 128 million yuan.
dragon and tiger list: on April 12, the largest net capital inflow was Tianjin Realty Development (Group) Co.Ltd(600322) , which was 556757 million yuan. Data show that the stock closed within the daily limit, with a turnover rate of 18.52% throughout the day. The top net inflow of funds Changjiang Securities Company Limited(000783) Shanghai Dongming Road bought 382996 million yuan. A total of 25 stocks were involved in the institutional participation in the dragon and tiger list, of which 15 were net bought by the institution, and Andon Health Co.Ltd(002432) was the most bought, with a total of 159 million yuan. In addition, 10 shares were net sold by institutions, and Cccg Real Estate Corporation Limited(000736) was sold the most, amounting to 124 million yuan.
margin trading : as of April 11, the balance of Shanghai and Shenzhen stock markets was 1645947 million yuan, a decrease of 10.556 billion yuan compared with the previous trading day. Among them, the financing balance was 1558878 billion yuan, a decrease of 7.661 billion yuan compared with the previous trading day; The balance of securities lending was 87.069 billion yuan, a decrease of 2.895 billion yuan compared with the previous trading day.
Shibor : Shibor reported 1.7720% overnight, down 8.4 basis points; Shibor reported 2.0400% in seven days, up 9.3 basis points; Three month Shibor reported 2.3510%, down 0.6 basis points
foreign exchange
On April 12, the central parity rate of RMB was 6.3795, down 150 points, and the central parity rate of the previous trading day was 6.3645 The onshore RMB closed at 6.3711 against the US dollar at 16:30 on April 12, down 12 points from the previous trading day
property market observation
financial Associated Press: the reporter learned from the housing security and real estate bureau of Lishui District, Nanjing that Lishui district has adjusted the purchase restriction policy. Lishui district housing security and Housing Bureau staff said that registered residence residents do not need to submit a social security or personal tax certificate, you can buy a commercial housing in Lishui District, the policy has been implemented this week. [details]
surging news: Tianjin recently issued the notice on issues related to the purchase of the first house and the withdrawal of housing provident fund for indemnificatory housing. According to the notice, if an employee purchases the first set of housing and indemnificatory housing in Tianjin, in addition to the employee and his spouse, the parents of the employee and his spouse can also apply for withdrawal of housing provident fund. [details]
International Information
interface news: US Non seasonally adjusted CPI in March rose 8.5% year-on-year, reaching a new high in 40 years, with an expected 8.4%. The United States recorded a quarterly CPI of 7.9% in February, a 40 year high. [details]
interface news: on April 12, the Ministry of coal of India issued a statement that the coal output of its own coal mines is expected to increase significantly to more than 140 million tons in the fiscal year 20222023, an increase of 65% compared with 85 million tons in the previous fiscal year. The Ministry of coal said that this would greatly reduce India’s imports of thermal coal and save a lot of foreign exchange. The statement pointed out that the number of coal blocks approved for mining this fiscal year will increase to 60, with a peak production capacity of 230 million tons. [details]
futures market
China Futures: China commodity futures closed mostly higher, with soda ash up more than 5%, iron ore and coke up more than 4%, and liquefied gas, PTA, fuel oil, glass, pulp and staple fiber up more than 2%. Eggs, rapeseed meal and Shanghai aluminum fell more than 1%.
International Futures: the settlement price of international crude oil futures rose by more than 6%. WTI may crude oil futures closed up $6.31, or 6.69%, to $100.60/barrel. Brent June crude oil futures closed up $6.16, or 6.25%, at $104.64/barrel. COMEX June gold futures settlement price rose $27.9, or 1.4%, to $1976.1 / ounce
overseas index
US stock market: US stocks opened higher and went lower, and the three major indexes closed lower. The Dow fell 0.26%, the S & P 500 fell 0.34% and the NASDAQ fell 0.3%.
European stock market: major European stock indexes closed down slightly, with Germany’s DAX index down 0.48%, France’s CAC40 index down 0.28% and Britain’s FTSE 100 index down 0.55%.
Asia Pacific Stock Market: Nikkei 225 index closed down 479.02 points, or 1.79%, at 263425 points. The Kospi index of South Korea closed down 26.34 points, or 0.98%, at 266676.
