Incremental capital:
Fund issuance: newly established fund shares (partial share type): the newly issued shares in this period were 3.365 billion, compared with 3.563 billion in the previous period.
Shanghai Stock connect and Shenzhen Stock connect: the funds of Shanghai Stock connect and Shenzhen Stock connect in this period are net inflows. In this period, the net inflow of Shanghai Stock connect was 1.587 billion yuan (the net outflow of the previous period was 808 million yuan), and the net inflow of Shenzhen Stock connect was 1.291 billion yuan (the net outflow of the previous period was 5.749 billion yuan); The total net inflow was 2.878 billion yuan (the total net outflow in the previous period was 6.557 billion yuan).
Balance of financed funds and bonds: the balance of financed funds and bonds decreased by 26.145 billion yuan month on month. As of April 15, the balance of financed funds and bonds in the two cities was 154407 billion yuan (1566539 billion yuan in the previous period), and the balance of financed funds and bonds was 88.951 billion yuan (89.964 billion yuan in the previous period).
Capital pressure:
IPO Financing scale: 8 new shares were listed in the current period, with a total fund raised of 10.362 billion yuan (4 new shares were listed in the previous period, with a total fund raised of 6.691 billion yuan).
Increase and decrease of industrial capital: the net reduction of secondary market in this period is 269 million yuan (the net reduction of last period is 1.335 billion yuan).
Lifting pressure: in terms of potential lifting funds, the market in this period (04110415) ushered in the lifting scale of about 48.779 billion yuan, and the lifting pressure in the previous period (04060408) and the next period (04180422) were 47.469 billion yuan and 61.547 billion yuan respectively.
Transaction cost: the transaction cost of this period is 9.659 billion yuan (5.988 billion yuan in the previous period).
Money supply:
Open market: the net money invested in this period is 20 billion yuan (the net money withdrawn in the previous period is 570 billion yuan).
Medium term lending facilities: in April, the one-year MLF operation was carried out, with an interest rate of 150 billion yuan and 2.85%, the same as the previous period. A total of 200 billion yuan was invested in March.
Credit currency derivation: in March 2022, M1 increased by 4.7% (4.7% in the previous period); The growth rate of M2 was 9.7% (9.2% in the previous period). In March 2022, social finance increased by 4.65 trillion yuan (about 1.23 trillion yuan in the previous period), and financial institutions increased RMB loans by 3.23 trillion yuan (about 0.91 trillion yuan in the previous period).
Market capital price:
Money market: in this period, Shibor's overnight interest rate decreased by 51.70bp and Shibor's weekly interest rate decreased by 12.50bp; The weighted interest rate of inter-bank pledged repo (one day) was reduced by 49.16bp, and the weighted interest rate of inter-bank pledged repo (seven days) was reduced by 13.79bp; The yield of interbank certificates of deposit decreased by 6.00bp in three months; The weighted inter-bank lending rate (one day) was reduced by 50.18bp, and the weighted inter-bank lending rate (seven days) was reduced by 6.34bp.
Treasury bond market: the yield of one-year treasury bond decreased by 4.39bp to 2.09%, the yield of 10-year Treasury bond increased by 0.95bp to 2.77%, and the term interest margin expanded by 5.34bp.
Financial market: the yield of RMB financial products (three months) is 3.59%, the same as the previous period.
Risk tip: the Sino US trade friction has intensified and the epidemic has not been effectively controlled
