daily selection
CSRC: in order to implement the relevant requirements of the CPC Central Committee and the State Council on increasing the proportion of direct financing and introducing medium and long-term funds and the work deployment of the financial commission of the State Council, on April 21, Yi Huiman, chairman of the CSRC, held a symposium for the main principals of the national social security fund and some large banking and insurance institutions. Cao Yu, vice chairman of the CBRC, and Li Chao, vice chairman of the CSRC attended the meeting. The meeting analyzed the current economic and financial situation at home and abroad, and listened to opinions and suggestions on promoting the high-quality development of the capital market and guiding more medium and long-term funds into the market. [details]
first finance and Economics: Gao Feng, spokesman of the Ministry of Commerce, said that we will focus on the following measures: first, improve the energy level of traditional consumption. We will encourage large-scale consumption of automobiles and household appliances, deepen reform in the field of automobile circulation, expand the circulation of second-hand cars, support the accelerated development of new energy vehicles, and encourage local governments to carry out green and intelligent household appliances in the countryside and trade the old for the new. Implement the relief policies for catering, retail and other industries that have been issued. Make every effort to ensure the supply of daily necessities in the market. Second, accelerate the development of new consumption. Accelerate the integration of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) consumption, encourage the development of new business forms, new models and new scenes, and promote new consumption such as customization, experience, intelligence and fashion. Promote the innovative development of time-honored brands and promote brand consumption. Advocate a simple and moderate, green and low-carbon lifestyle and promote green consumption. Third, optimize the carrier of consumption platform. Accelerate the cultivation and construction of international consumption center cities, promote the high-quality development of pedestrian streets, carry out the demonstration establishment of smart business districts and smart stores, and accelerate the construction of a quarter hour convenient life circle. [details]
China Securities Journal: opinions of the general office of the State Council on promoting the development of individual pensions was issued on April 21. The CSRC said on the same day that in the next step, it will speed up the formulation and introduction of supporting rules and systems for individual pension investment in public funds, improve the construction of infrastructure platform and optimize the market environment for medium and long-term funds; Continue to strengthen the supervision of institutions and employees, improve the management ability and standardized operation level of managers, strengthen investor protection, ensure the safety and standardization of pension investment and operation, and promote the high-quality development of individual pensions. [details]
macro economy
financial Associated Press: the reporter learned that since April this year, many joint-stock banks have generally reduced the interest rate of three-year certificates of deposit, which has been reduced to 2.9% as a minimum, lower than the time deposit interest rate in the same period, but the amount is generally relatively loose. Although large state-owned banks still maintain the interest rate of three-year certificates of deposit at 3.25% – 3.35%, many large banks are currently tight. A person from a large state-owned bank said that at present, the bank has no new quota, and the quota can be released only after the expiration of the stock certificate of deposit. [details]
Xinhuanetco.Ltd(603888) : the Chongqing Business Management Department of the people’s Bank of China recently issued the key points of Chongqing’s financial support for comprehensively promoting rural revitalization in 2022, and guided more financial resources into key areas of agricultural and rural development with 20 financial measures to accurately serve “agriculture, rural areas and farmers” and help rural revitalization. The document requires that all banking financial institutions under their jurisdiction should continue to increase the investment of financial resources in key areas of rural revitalization, including continuously promoting financial support, consolidating and expanding the achievements of poverty alleviation; Strengthen the financing guarantee for grain production, seed industry development and important Shenzhen Agricultural Products Group Co.Ltd(000061) supply; Promote the sustainable development of rural industries and rural green and low-carbon development; Steadily improve the financial service level of rural construction. [details]
financial Associated Press: the Ministry of transport and the national development and Reform Commission recently issued and implemented the layout plan of national regional highway traffic emergency equipment and material reserve center. By 2025, the highway traffic emergency reserve capacity can cope with major natural disasters such as floods, earthquakes, low-temperature rain and snow in the two regions at the same time. The arrival time of national regional highway traffic emergency equipment and materials in the eastern and central regions shall not exceed 8 hours, that in the Western Region shall not exceed 10 hours, and that in special cases shall not exceed 12 hours, so as to realize nearby deployment, rapid action and orderly rescue. Strive to basically complete the construction task by the end of June 2025, focus on promoting the construction of enhanced reserve center, synchronously promote the construction of reserve center operation and management mechanism, the construction of highway emergency rescue backbone team, the modernization of reserve equipment and the construction of management informatization and intelligence, and ensure that the key moments can be obtained, adjusted quickly and used. [details]
industry trends
Shanghai Securities News: since 4 months, lithium salt prices have continued to fall 3 New Hua Du Supercenter Co.Ltd(002264) data released on April 21 showed that the quotation of lithium battery raw materials such as lithium carbonate and lithium hydroxide continued to decline. The latest research of Shanghai Nonferrous Metals network shows that the supply side of lithium carbonate has continued to increase recently. In addition to the substantial increase provided by the upstream smelter, the imported products previously delayed due to shipping were concentrated in the port, resulting in a substantial increase in imports. [details]
21st Century Business Herald: recently, Guangdong issued the “14th five year plan” for energy development in Guangdong Province. For Dongguan, an important manufacturing city, Guangdong also laid emphasis on the development of Dongguan’s hydrogen energy industry: it proposed to establish Guangzhou, Foshan, Dongguan and Yunfu hydrogen energy high-end equipment industrial clusters and Huizhou, Maoming, Dongguan and Zhanjiang hydrogen energy production, storage and transportation industrial clusters. [details]
financial Associated Press: State Power Investment Group Co., Ltd. official wechat said that the executive meeting of the State Council approved three new nuclear power unit projects in Zhejiang Sanmen, Shandong Haiyang and Guangdong Lufeng that have been included in the national plan on April 20. Haiyang nuclear power unit 3 and 4 adopt the third generation passive PWR nuclear power technology, with a single unit capacity of 1253mwe, meeting the highest international safety standards, and the planned construction period is 56 months. [details]
China News Network: reporters learned from Qingbaijiang District, Chengdu on the 21st that the first phase of Southwest cloud computing smart industry base, located in Qingbaijiang high performance fiber material industry functional zone, Chengdu, was completed and officially put into operation. It is reported that southwest cloud computing is a Sichuan big data industry demonstration base jointly built by Jiwei IOT, Insigma Technology Co.Ltd(600797) , Panzhihua Chenggang and WAN Shanghai Huitong Energy Co.Ltd(600605) with an estimated total investment of about 1.5 billion yuan. It plans to build five bases: cloud computing and operation services, intelligent manufacturing, cloud computing industry expansion, science, research, education and life. [details]
stock market focus
Securities Times: Longi Green Energy Technology Co.Ltd(601012) ( Longi Green Energy Technology Co.Ltd(601012) ) issued a Clarification Announcement on the evening of April 21. Chairman Zhong Baoshen handled the non trading transfer of securities in Shanghai Branch of China Securities Depository and Clearing Corporation Limited on April 6 due to the division of family property; The reason for this shareholding change is non trading transfer, not selling transaction. The relevant shareholding change has been reported on the website of Shanghai Stock Exchange.
[details]
China business: Haitong Securities Company Limited(600837) said that on the 21st, the market continued yesterday’s decline. Recently, the relatively resistant index Shanghai index, strong sectors such as real estate, tourism and seed industry began to make up for the decline. Even the nuclear power sector index with favorable policies fell by more than 4% yesterday. The overall sentiment of the market fell into a state of pessimism and panic. In the short term, the market is slowly digesting pessimism, and the index adjustment will gradually slow down over time; In the medium term, the recent decline of the mass entrepreneurship and innovation index is large, and the Shanghai index began to make up for the decline. After multiple bad news intertwined, the market is expected to usher in a certain degree of rebound opportunity after the Federal Reserve raises interest rates and shrinks the table in May. [details]
financial Associated Press: 21, n middle one (middle one technology) and N Jiarong (Jiarong Technology) which landed on the gem both broke. As of the closing, they fell by 24.62% and 9.09% respectively. CNOOC, which landed on the main board, rose higher and fell, narrowing its increase to 27.69%. Zhongyi technology is mainly engaged in all kinds of single and double-sided high-performance electrolytic copper foil products. Electrolytic copper foil is an important material for the manufacture of lithium-ion batteries, copper clad laminates and printed circuit boards, and its main customers are Contemporary Amperex Technology Co.Limited(300750) . The IPO price of the company is 163.56 yuan / share, and the issuance price earnings ratio is 91.57 times, which is far higher than the industry price earnings ratio of 39.7 times. Superimposed on the overall cold investment sentiment in the new share market recently, China first technology broke off at the opening, with a decline of nearly 24% on the first day. If calculated by 500 shares per lot, the loss of China first lot is 20100 yuan. [details]
China Securities News: integrating the latest views of many first-line private placement companies, private placement institutions are generally waiting for the market trend to become clear. Some private equity institutions believe that the market is expected to usher in a double bottom near the top low points of major stock indexes such as Shanghai index and Shanghai Shenzhen 300, and the Shanghai stock index is expected to have “strong support” at the first line of 3000 points. In addition, the performance difference between growth style and undervalued style has widened sharply. The anti falling characteristics of steady growth and large consumption have also become the focus of private placement industry. [details]
subscription of new shares: none
new bond subscription: Seiko convertible bond, Hefeng convertible bond and Guilun convertible bond
IPO: nano core micro, Qingyan environment, saiweidian, osheng electric
new bond listing: Shenglan convertible bond, Fengyu convertible bond
company news
Shede Spirits Co.Ltd(600702) : it is planned to invest 7.054 billion yuan in the project of increasing production and capacity expansion
Sinoma Science & Technology Co.Ltd(002080) : it is proposed to invest 620 million yuan in the construction of high modulus and high strength glass fiber production line project
Chengdu Xgimi Technology Co.Ltd(688696) : net profit in 2021 increased by 79.87% year-on-year, and it is proposed to pay 30 yuan out of 10
Zhejiang Conba Pharmaceutical Co.Ltd(600572) : : net profit in 2021 increased by 343.24% year-on-year, and it is proposed to send 1.6 yuan out of 10
Cgn Power Co.Ltd(003816) : first quarter net profit of 2.852 billion yuan, an increase of 20.1% year-on-year
Ledman Optoelectronic Co.Ltd(300162) : first quarter net profit increased by 105.35% year-on-year
Beijing Roborock Technology Co.Ltd(688169) : first quarter net profit of 343 million yuan, with a year-on-year increase of 8.76%
Ningbo Tuopu Group Co.Ltd(601689) : first quarter net profit 386 million yuan, an increase of 56.84%
Guangdong Tapai Group Co.Ltd(002233) : first quarter net profit decreased by 85.04% year-on-year
Xinjiang Daqo New Energy Co.Ltd(688303) : first quarter net profit of 4.312 billion yuan, with a year-on-year increase of 640.85%
Shenzhen Danbond Technology Co.Ltd(002618) : suspected of violation of laws and regulations by the CSRC
Zhejiang Unifull Industrial Fibre Co.Ltd(002427) : the company’s shares have been subject to delisting risk warning since April 25
Shandongsino-Agriunitedbiotechnologyco.Ltd(003042) : Qingdao Chuangxin and its concerted actors intend to reduce their shares by no more than 6%
Shanghai and Shenzhen Stock Markets: on April 21, the three major indexes opened low and fluctuated downward. As of the closing, the Shanghai index fell 2.26%, the Shenzhen composite index fell 2.7% and the gem index fell 2.17%. On the disk, the insurance sector is more active; Fertilizer industry, tourist hotels, real estate development and other sectors fell, with Yunnan Yuntianhua Co.Ltd(600096) , Yunnan Tourism Co.Ltd(002059) , Cinda Real Estate Co.Ltd(600657) falling by the limit. Only more than 300 stocks rose in the two cities.
Hong Kong stocks: Hong Kong’s Hang Seng Index closed down 1.25%, recording three consecutive declines, and the Hang Seng technology index fell 3.48% to break 4000 points. Industry sectors fell collectively, led by sectors such as medicine, science and technology and nonferrous metals, while JD, Yonghe medical, Yaoming biology and Ganfeng Lithium Co.Ltd(002460) fell by more than 6%.
Shanghai Shenzhen Hong Kong stock connect: northbound capital inflow of 911 million on the 21st Contemporary Amperex Technology Co.Limited(300750) net purchase of 632 million, Ping An Insurance (Group) Company Of China Ltd(601318) net purchase of 238 million, Wuxi Apptec Co.Ltd(603259) net purchase of 211 million, China Yangtze Power Co.Ltd(600900) net purchase of 170 million Sungrow Power Supply Co.Ltd(300274) net sales topped the list, amounting to 623 million yuan.
dragon and tiger list: on April 21, among the stocks on the dragon and tiger list, CNOOC had the largest net capital inflow of 1.287 billion yuan. According to the data, the stock was first listed within the day. At the beginning of the trading, it rose by the limit for the first time, and rose by 27.69% to the closing. The turnover of the whole day was 12.124 billion yuan. China Galaxy Securities Co.Ltd(601881) Xiamen Meihu Road, the top net inflow of funds, bought 230 million yuan and Orient Securities Company Limited(600958) Hangzhou Longjing road bought 219 million yuan. A total of 28 stocks were involved in the institutional participation list, of which 10 were net bought by the institution, and CNOOC was the most bought, amounting to 959 million yuan.
In addition, 18 shares were net sold by institutions, and Better Life Commercial Chain Share Co.Ltd(002251) was sold the most, amounting to 291 million yuan.
margin trading : as of April 20, the balance of Shanghai and Shenzhen stock markets was 1625742 billion yuan, a decrease of 2.189 billion yuan compared with the previous trading day. Among them, the financing balance was 1539704 billion yuan, a decrease of 369 million yuan compared with the previous trading day; The balance of securities lending was 86.038 billion yuan, a decrease of 1.82 billion yuan compared with the previous trading day.
Shibor: Shibor reported 1.2940% overnight, down 0.9 basis points; Shibor reported 1.8040% in seven days, down 13.3 basis points; Three month Shibor reported 2.3130%, down 1.0 basis points
foreign exchange
On April 21, the central parity rate of RMB was reported at 6.4098, down 102 points, and the central parity rate of the previous trading day was reported at 6.3996 The onshore RMB closed at 6.4500 against the US dollar, down 347 basis points from the previous trading day
property market observation
China Securities News: 4.21, it was reported on the Internet that the interest rate of the first house loan of the four state-owned banks of Guangdong Shaoguan industry, agriculture, China Construction was reduced from 5.7% to 5.5%, down 20 basis points; The interest rate on second home loans was lowered from 5.9% to 5.5%, down 40 basis points. In this regard, the relevant person in charge of housing loans of Shaoguan industrial and Commercial Bank responded to the reporter that there was indeed a reduction, but the lowest interest rate of second home loans was 5.7%, not 5.5% reported by the media. [details]
financial Associated Press: Changsha Municipal Bureau of housing and urban rural development, municipal development and Reform Commission, Municipal Bureau of assets regulation, Municipal Bureau of Finance and Municipal Finance Office jointly issued the notice on the implementation of several opinions on promoting the destocking of non residential commercial housing. The notice specifies that Changsha will give subsidies to owners who buy non residential commercial houses, among which those who buy first-hand houses will be given a subsidy of 1% of the deed tax basis. If a non residential commercial house is newly purchased and held for more than 1 year for external transfer, the purchaser shall be given a subsidy of 4% of the basis for deed tax calculation. The detailed implementation rules shall be separately issued by the Municipal Bureau of housing and urban rural development, the Municipal Bureau of Finance and the Municipal Bureau of taxation. [details]
international Information
interface news: world travel and Tourism Council (WTTC) said on Thursday that the global travel and tourism industry is expected to return to its pre epidemic level in 2023, and its growth rate will exceed the growth rate of global GDP. WTTC released a report during the meeting held in Manila, Philippines, saying that from 2022 to 2032, the annual average growth rate of the global travel and tourism industry is expected to reach 5.8%, while the global GDP growth rate is 2.7%, and 126 million new jobs will be created. [details]
China Central Television news client: on the 21st local time, nabiulina, governor of the Russian central bank, said that the Russian central bank would try out digital ruble settlement in the real economy from 2023 and try to use it in international settlement. At present, the Russian central bank is conducting the test of digital ruble samples, with a total of five banks participating in the test. The issue of digital rubles and digital wallets and transfers between individuals are being studied. [details]
futures market
China Futures: China commodity futures closed with mixed gains and losses. Fuel oil and jujube rose by more than 3%, liquefied gas and asphalt rose by more than 2%, soybean meal and styrene rose by more than 1%, and urea and rapeseed meal rose slightly; Soda ash fell by more than 2%, peanuts and hot rolls fell by more than 1%, palm oil and ferrosilicon fell slightly.
International Futures: light crude oil futures for June delivery on the New York Mercantile Exchange rose $1.60 to close at $103.79 a barrel, or 1.57%; London Brent crude oil futures for June delivery rose $1.53, or 1.43%, to $108.33 a barrel. June gold futures, the most actively traded gold futures market on the New York Mercantile Exchange, fell $7.4 on the 21st from the previous trading day to close at $1948.2 an ounce, down 0.38%
overseas index
U.S. stock market: the three major U.S. stock indexes opened higher and closed lower. The Dow index fell 1.05%, the S & P 500 index fell 1.47% and the NASDAQ index fell 2.07%. Large technology stocks fell, NVIDIA fell more than 6%, Amazon and Qualcomm fell more than 3%, and Google fell more than 2%. Precious metals, energy and oil and gas sectors generally fell, while aviation stocks rose against the market.
European stock market: European time on Thursday, major European stock indexes rose or fell. As of the close, the UK FTSE 100 index closed at 762795 points, down 1.27 points or 0.02% from the previous trading day; France CAC40 index 21 closed at 671510 points, up 90.19 points or 1.36% compared with the previous trading day; Germany DAX30 index closed at 1450241, up 140.38 points or 0.98% from the previous trading day.
Asia Pacific Stock Market: april 21, the Nikkei 225 index closed up 312.65 points, or 1.15%, at 275305 points. South Korea’s Kospi index closed up 9.52 points, or 0.35%, at 272821.
