As of April 14, listed companies had repurchased nearly 4.8 billion yuan this month, more than twice that of March.
central bank: financial institutions should flexibly adjust the repayment arrangements such as housing mortgage, reasonably postpone the repayment period
The people’s Bank of China held a press conference on financial statistics for the first quarter of 2022 on April 14.
Zou LAN, director of the financial market department of the people’s Bank of China, said that since the outbreak of covid-19 pneumonia, the income of some residents has been affected in the short term, and there is a need to postpone the repayment of monthly payments and reschedule repayment plans. From the perspective of post loan risk management, banks also need targeted arrangements for such special situations.
Therefore, in January 2020, the people’s Bank of China and other five departments jointly issued a notice, which made it clear that for the four categories of people affected by the epidemic, financial institutions should flexibly adjust the repayment arrangements of personal credit such as housing mortgage and credit card, reasonably postpone the repayment period, and those who failed to repay in time due to the impact of the epidemic can not make overdue records and submit them
From the practice of large banks at that time, in the early stage of the epidemic, the non-performing rate of individual housing loans rose from 0.29% to 0.37%; After the implementation of the deferred repayment policy, the loan quality remained stable on the whole; As the epidemic eased, residents’ income recovered and loan repayment soon returned to normal. By the end of 2020, the non-performing rate had returned to the original level of 0.29%.
According to incomplete statistics, since March, due to the weakening of market demand, banks in more than 100 cities across the country have independently lowered mortgage interest rates according to market changes and their own business conditions, with an average range of 20 to 60 basis points.
In addition, some provincial market interest rate pricing self-discipline mechanisms also cooperate with the regulatory requirements of local governments. According to the actual situation of the city and within the scope of national policies, the lower limit of the down payment proportion and the lower limit of interest rate of the city have been lowered. This is a differentiated and market-oriented adjustment made by the city government and banks according to the market situation and their own business strategies, which adapts to the characteristics of regional differences in the real estate market.
In the next step, the people’s Bank of China will continue to adhere to the positioning that houses are used for living rather than speculation, focus on the goal of stabilizing land price, house price and expectation, and cooperate with local governments to fulfill their territorial responsibilities due to urban policies, so as to better meet the reasonable housing needs of home buyers.
many places across the country have opened loose house purchase policies
According to Huaibei housing and Urban Rural Development Bureau on April 13, Huaibei housing and Urban Rural Development Bureau, Huaibei Municipal Finance Bureau, Huaibei central sub branch of the people’s Bank of China and Huaibei banking and insurance regulatory branch jointly issued opinions on the implementation of preferential policies for house purchase in Huaibei City.
It is reported that individuals or families who buy the family’s first new commercial housing will be rewarded with 600 yuan / square meter (up to 60000 yuan). If the family purchases the first set of newly-built commercial housing, it will be rewarded with 400 yuan / square meter (up to 40000 yuan). Individuals, families or enterprises who purchase new non residential commercial houses will be rewarded with 150 yuan / m2 (up to 30000 yuan).
Suzhou has recently adjusted the sales restriction policy of second-hand houses. The sales restriction of second-hand houses is changed from 5 years to 3 years, and the sales restriction of new houses is still implemented for 3 years.
According to the statistics of securities times · databao, the growth of the real estate sector has been polarized since April, Cccg Real Estate Corporation Limited(000736) , China Enterprise Company Limited(600675) , China Vanke Co.Ltd(000002) ranks first Yango Group Co.Ltd(000671) , Shenzhen Worldunion Group Incorporated(002285) .
Among the above-mentioned real estate enterprises, China Vanke Co.Ltd(000002) has been repurchased and increased at the same time this year, and the share price has increased by nearly 10% in the month.
Repurchase and increase of holdings are based on the confidence of listed companies and important shareholders in the future development of the company. When the market is depressed and the stock price is depressed, these two behaviors convey positive signals.
repurchases and holdings increases hit intensively within the month
The Shanghai Composite Index fell 6.07% in March; Since April, as of April 14, the Shanghai stock index has continued to decline, and the proportion of new shares breaking and abandoning purchase has reached a new high. The collapse of track stocks, the continuous correction of the leading white horse, the Federal Reserve’s interest rate hike and other deterministic expectations, and multiple factors have frustrated investor confidence.
In this context, listed companies and their executives have taken many measures to boost investor confidence, including repurchase, shareholding increase, early appearance operation, order situation, etc.
data treasure statistics, as of April 14, the repurchase amount of Listed Companies in this month was nearly 4.8 billion yuan, more than twice that of March ; 34 important shareholders started the shareholding increase plan within the month, exceeding the number in January and February this year.
14 shares to be increased by more than RMB 100 million
According to the statistics of databao, since this year, 162 important shareholders of 87 companies have carried out share increase plans, involving an amount of more than 6 billion yuan .
Among them, the ‘ \ some shareholders have increased their holdings.
From the perspective of the ongoing increase plan, the maximum amount of 14 shares to be increased is more than 100 million yuan, and China Mobile, Jiangsu Eastern Shenghong Co.Ltd(000301) more than 1 billion yuan.
China Mobile returned to A-Shares in early January this year. In 2021, China Mobile’s net profit increased by 7.51% year-on-year, and its shareholder “China Mobile Communications Group Co., Ltd.” plans to increase its holdings by up to 5 billion yuan.
Jiangsu Eastern Shenghong Co.Ltd(000301) shareholder “some employees of Shenghong technology and its affiliated enterprises (except listed companies and holding subsidiaries of listed companies)” plans to implement it by establishing special financial products, margin trading of securities companies, asset management / trust products and other ways permitted by laws and regulations, and the upper limit of the proposed shareholding increase is 1.468 billion yuan; The net profit of the company in 2021 increased by 490.01% year-on-year, with a record increase.
In addition, Luxshare Precision Industry Co.Ltd(002475) , Zhuzhou Kibing Group Co.Ltd(601636) and other important shareholders of the company plan to increase their holdings by more than 300 million yuan.
In terms of market performance, China Mobile shares traded sideways for several trading days at the beginning of listing, and have stabilized and risen since mid March Jiangsu Eastern Shenghong Co.Ltd(000301) since the share price hit a new high in mid September last year, the share price has fluctuated all the way down. From September 16, 2021 to now, the share price has fallen by more than 60%.
medical consumption is the main camp of repurchase
According to the statistics of databao, 366 shares have been repurchased (partially completed), of which Guangdong Songyang Recycle Resources Co.Ltd(603863) , Shanghai Shine-Link International Logistics Co.Ltd(603648) , Hangzhou Haoyue Personal Care Co.Ltd(605009) and other shares have been repurchased many times within the year; More than 500 million yuan has been repurchased, including Hengli Petrochemical Co.Ltd(600346) , Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) , Zhejiang Chint Electrics Co.Ltd(601877) , 360 Security Technology Inc(601360) , Changchun High And New Technology Industries (Group) Inc(000661) and so on. Most of these companies are industry leaders.
At the same time, the repurchase plan of 225 shares is in the stage of “plan of the board of directors” or “approved by the general meeting of shareholders”. Calculated according to the upper price limit and the number of shares expected to be repurchased, the upper limit of the expected repurchase amount exceeds RMB 1 billion, including Haier Smart Home Co.Ltd(600690) , China Vanke Co.Ltd(000002) , Jiangsu Hengrui Medicine Co.Ltd(600276) , etc Zhejiang Supor Co.Ltd(002032) , Chifeng Jilong Gold Mining Co.Ltd(600988) , Sanan Optoelectronics Co.Ltd(600703) and other six shares have a maximum repurchase amount of more than 500 million yuan.
From the industry distribution of the above 225 shares, the top repurchase amount is mainly consumer medicine, of which the total proposed repurchase amount of household appliances is more than 4 billion yuan, medicine, biology and real estate is more than 3 billion yuan, and the media, building materials and electronics industry is more than 1 billion yuan.
It is worth mentioning that Lingyi Itech (Guangdong) Company(002600) , Asymchem Laboratories (Tianjin) Co.Ltd(002821) , Glodon Company Limited(002410) and other shares issued repurchase plans for many times during the year, but the amount was relatively low.
8 outstanding stocks with substantial correction
simultaneously repurchased + overweight
During the repurchase period, some important shareholders of the company carried out the shareholding increase plan at the same time.
According to data treasure statistics, 19 shares have been repurchased and increased at the same time since this year, and 6 shares have been repurchased, including Inkon Life Technology Co.Ltd(300143) , Suzhou Tztek Technology Co.Ltd(688003) , Chacha Food Company Limited(002557) , etc Chen Ke Ming Food Manufacturing Co.Ltd(002661) , Beijing Shengtong Printing Co.Ltd(002599) , Qingdao Haier Biomedical Co.Ltd(688139) repurchase plan is being implemented, of which Beijing Shengtong Printing Co.Ltd(002599) has completed the increase of holdings.
In terms of market performance, the average correction of 19 shares was more than 15% in the year, and only 4 shares, including China Vanke Co.Ltd(000002) , Chen Ke Ming Food Manufacturing Co.Ltd(002661) , rose slightly Xiangyumedicalco.Ltd(688626) , Cambricon Technologies Corporation Limited(688256) -u, Zhuzhou Kibing Group Co.Ltd(601636) and other five shares fell by more than 30% in the year.
Among these 19 shares, 8 companies have fallen by more than 10% since this year, and the increase of net profit (including the upper limit of advance notice) in 2021 has exceeded 15%. The increase of Zhuzhou Kibing Group Co.Ltd(601636) , Beijing Shengtong Printing Co.Ltd(002599) , Qingdao Haier Biomedical Co.Ltd(688139) , Jason Furniture (Hangzhou) Co.Ltd(603816) net profit has exceeded 100%, and the share price has fallen by more than 20% during the year.
