January 10th (Monday), the main contents of today’s headlines are:
China Securities Journal
Go all out to stabilize growth and set priorities for the reform and development of central enterprises in 2022
China Guoxin, Poly Group, Dongfang Electric Corporation Limited(600875) , Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) and other more than ten central enterprises recently held annual work meetings to deploy key tasks in 2022. Among them, go all out to stabilize growth, fully complete the three-year action task of state-owned enterprise reform, and vigorously promote scientific and technological innovation have become the key words for the development of central enterprises in 2022.
Beijing stock exchange: six positive changes have taken place in the market ecology since the opening of the market
Xu Ming, chairman of Beijing stock exchange, said at the 26th (2022) China capital market forum that since the opening of the Beijing stock exchange, the operation of the exchange has been generally stable, market benefits have been brought into play, and major reforms have achieved positive results. Six positive changes have taken place in the market ecology, mainly reflected in the obvious improvement of legal status, greater policy support and more perfect market structure.
In 2022, the issuance of local bonds was launched, and several trillion yuan of infrastructure funds were on the way
Henan Provincial Department of Finance recently disclosed that it will issue special bonds of Henan provincial government in 2022 (phase I to phase IX) through bidding on January 13, opening the prelude to the issuance of local bonds in 2022. Experts predict that several trillion yuan of local bonds will be issued in 2022, of which the scale of special bonds is expected to be the same or slightly increased as last year, and the issuance rhythm is more advanced than that in 2021 to better support the growth of infrastructure investment.
The Spring Festival is approaching Baijiu consumption.
“In 2021, we watched the price of Baijiu rise all the way.” A cigarette and liquor vendor Li Ming China (first name) told the China Securities Journal reporter on the first ring road in Chengdu. “The high-end Baijiu sold well, because the person who drinks it will still drink.”
Shanghai Securities Journal
The new chapter on the steady growth of the central local cooperation spectrum plans to make a “good start” in the first quarter
At the end of the year and the beginning of the year, ministries, commissions and local governments have deployed to stabilize growth. The Ministry of Finance issued the quota of new special bonds in advance, the central bank lowered the reserve requirement to release liquidity, and played a combination of policies such as expanding investment, reducing the burden and strengthening enterprises in many places, so as to strive for a “good start” of the economy in the first quarter. Analysts believe that the steady growth policy in the first quarter is expected to move from relay to joint force, and the formation of economic stability will accelerate.
“You can\’t get the trust relationship!” The “money path” of lithium carbonate will be bright in 2022
The agency predicts that the global lithium carbonate gap will exceed 160000 tons in 2025, accounting for 13%. In other words, the global lithium carbonate supply and demand will remain in a tight balance in the next few years. Even if the recently rising prices will eventually fall, the “money path” of the lithium carbonate industry that has stood at the outlet is expected to be bright in 2022.
Grasping the general tone of seeking progress while maintaining stability, the Shanghai stock exchange promotes the development of the bond market to a new level
As an important place for raising medium and long-term funds, the bond market plays an irreplaceable role in direct financing. Looking back on 2021, under the leadership of China Securities Regulatory Commission, the bond market of Shanghai Stock Exchange Based on the new development stage, implemented the new development concept, served the new development pattern, promoted the steady improvement of the ability of the bond market to serve the real economy, and achieved a good start in the 14th five year plan.
Four trillion yuan of foreign investment embraces the new opening of China’s bond market
As 2021 roared by, the scale of domestic RMB bonds held by overseas institutions also jumped to a new trillion mark. According to the data released by China foreign exchange trading center on January 7, in December 2021, foreign institutional investors bought a net bond of 89.7 billion yuan. Based on previous data, the scale of RMB bonds held by overseas institutions had a high probability of exceeding 4 trillion yuan at the end of last year.
securities times
Highlight the three-year action to win the decisive battle for steady growth and reform of state-owned enterprises
On January 9, the state owned assets supervision and Administration Commission of the State Council held a meeting of the heads of the local state owned assets supervision and Administration Commission and the director of the office of the local state owned enterprise reform leading group by video to summarize the work of state owned assets and state owned enterprises in 2021 and clarify the key tasks in 2022.
The correction of housing loan policy depends on fast housing, housing and non speculation. It is still a fixed sea god needle
At the end of the year and the beginning of the year, the news of mortgage deregulation came from many cities. Among them, housing loan lending in hot cities such as Beijing and Shanghai has increased significantly; While speeding up lending, some large state-owned banks in Guangzhou lowered the mortgage interest rate, which prompted the “tail raising” market in the city’s real estate market at the end of the year.
Take advantage of the situation and Shenzhen Stock Exchange will anchor three key tasks of regulatory services this year
2021 is the opening year of the 14th five year plan and an important opportunity for the capital market to move towards high-quality development. With the deepening of capital market reform, as a front-line regulator, Shenzhen Stock Exchange has solidly promoted the high-quality development of Listed Companies in Shenzhen.
New local bonds will be “opened” this year or focus on affordable housing
Recently, the finance departments of Henan Province and Hubei Province respectively issued notices and information disclosure documents on matters related to special bonds of Henan provincial government (phase I-IX) and general bonds of Hubei provincial government (phase I-III) in 2022, which means that the new local bonds in 2022 will be “opened”. Experts believe that the issuance of new local bonds this year has returned to normal. In terms of capital investment, the major projects planned in the 14th five year plan and affordable housing projects may receive more attention this year.
Securities Daily
All parties work together to escort the stable and healthy development of the capital market
In January 8th, Jiao Jinhong, chief counsel of the China Securities Regulatory Commission, said at the twenty-sixth (2022) China capital market forum that in 2021, the China Securities Regulatory Commission seized more than 2022 major cases of manipulation of the market with the public security organs, transferred 177 suspicious suspect cases to the public security organs, and transferred 419 suspects. The number of cases transferred to the CSRC increased substantially compared with the previous year.
When will the chaos of “big data cooked” stop? Regulatory punch to “stubborn disease”
For users of the same Internet platform, VIP users with higher loyalty and stronger consumption ability pay much more for a service than new customers, and even the service quality is not as good as new customers. I believe many people have encountered such a situation of “different prices for different people”.
The first single board transfer case of the board transfer system of Beijing stock exchange is expected to be released in the first quarter
On the evening of January 7, a number of heavy rules in the capital market were implemented. Among them, as an important part of improving the multi-level capital market system, the transfer board system has also been unveiled. The CSRC revised the guiding opinions on the transfer of Listed Companies in the national share transfer system for small and medium-sized enterprises (hereinafter referred to as the “original guiding opinions”) and formed the guiding opinions on the transfer of Listed Companies in Beijing stock exchange (hereinafter referred to as the Guiding Opinions).
Kechuang Board plans to introduce market maker mechanism. Experts say it will enhance market liquidity
On January 7, the CSRC issued the pilot provisions on stock market making trading business of securities companies on the science and Innovation Board (Draft for comments), which plans to introduce the market maker mechanism into the science and innovation board to solicit opinions from the public. In fact, the introduction of market making business opportunity system into the science and innovation board has long been a sign. As early as the implementation opinions on establishing a science and innovation board and pilot registration system in Shanghai Stock Exchange issued in early 2019, it has been clearly put forward that the science and Innovation Board will introduce the market maker mechanism on the basis of competitive trading when conditions are ripe.
people’s daily
Promoting energy transformation and enabling green development
Energy is not only an important material basis for economic and social development, but also the main source of carbon emissions. At the central economic work conference held at the end of last year, it was proposed that “achieving carbon peak and carbon neutralization is the internal requirement to promote high-quality development” and “based on the basic national conditions dominated by coal, pay attention to the clean and efficient utilization of coal, increase the consumption capacity of new energy, and promote the optimal combination of coal and new energy”.
first finance
The fund industry association portrayed investors: the proportion of post-90s investors decreased, and the proportion of post-90s investors increased
On January 7, the China Fund Industry Association officially released the 2020 survey report on investors in the national public fund market. The report mainly includes two parts: Based on the 84807 subjective wishes of individual investors collected from the questionnaire survey of individual investors, the analysis of the survey results of individual investors is completed; Based on the data of 409 subjective wishes of institutional investors collected from the questionnaire survey of institutional investors, the analysis of the survey results of institutional investors is completed.
The number of penalties in the insurance industry has increased for two consecutive years. Where is the heavy blow of supervision?
In the period of transformation of the insurance industry, the supervision also dealt with the industry chaos with heavy fists and guided the industry to high-quality development. According to the data, in 2021, insurance institutions received 2182 tickets and were fined about 303 million yuan, a year-on-year increase of 28.39%. This is also the growth for two consecutive years after the double increase in the number and amount of fines in 2020.
economic reference daily
The system construction has been continuously improved, and the construction of modern capital market ecology with Chinese characteristics has been accelerated
Since 2021, under the guidance of the important policy of “building a system, non intervention and zero tolerance”, the capital market has continuously strengthened its efforts to crack down on securities crimes, continuously improved the securities law enforcement system and mechanism, and continuously optimized the market ecology. With the advent of the era of comprehensive registration system, the new signal of supervision has been released, the strict supervision state under the concept of “zero tolerance” will continue, more basic laws and regulations will be introduced at the institutional level, and a strong joint force between industry supervision and securities supervision will be formed. The construction of a new ecology of modern capital market with Chinese characteristics is accelerating.
Regulators speak intensively to strengthen the protection of financial consumption rights and interests
Crack down on illegal acts of securities and futures such as market manipulation, study and establish a special compensation fund for investor protection, and promote the integration of financial knowledge into the national education system at multiple levels… At the Sixth China new financial summit forum held on January 9, relevant heads of the people’s Bank of China, CSRC and other departments spoke to further strengthen the protection of financial consumer rights and interests.
(source: China stock market news research center)
