January 12th (Wednesday), the main contents of today’s headlines are:
China Securities Journal
Implement 15 policies and measures for cross cycle regulation and stabilizing foreign trade
On January 11, the general office of the State Council recently issued the opinions on cross cycle regulation to further stabilize foreign trade, and put forward 15 policies and measures to further stabilize foreign trade.
China’s economy “opens the door steadily”
The annual “report card” of China’s economy in 2021 will be announced soon. Experts predict that China’s GDP growth rate will be about 8% in 2021, which has better completed the preset growth task. At the same time, the annual economic growth showed the characteristics of high before and low after, and new downward pressure also appeared in the second half of the year. Efforts to stabilize the macro-economic market and keep the economy running within a reasonable range have become a prominent task in economic work at present and for some time to come.
The fund has the knack of “Flying Red against the market”, and the value of heavy positions is preferred by blue chips
Since 2022, active partial equity funds with high returns have entered 2022, and the performance of many well-known funds has retreated. The data show that as of January 10, the average yield of active partial equity funds in the whole market was – 3.83%. The blue chip fund with unlimited scenery in 2021 has been greatly differentiated in controlling withdrawal in recent days. There are not only varieties that have been “put down” by heavy positions and nearly 10% of the net value has been withdrawn, but also varieties that have been “red against the market” by virtue of heavy positions of value stocks. It is worth mentioning that the latter mostly choose blue chip sectors such as heavy positions in real estate and finance.
Dig deep into structural opportunities and be optimistic about the “dilemma reversal strategy”
In 2022, the A-share market has been adjusted, and the performance of private equity investment has turned cold synchronously with the market. According to the latest performance monitoring data from third-party institutions, as of January 11, the average floating loss of China’s stock long strategy private placement products has been nearly 3 percentage points since the beginning of 2022, and the product loss has reached 80%. However, many 10 billion private placement companies firmly believe that the A-share market will not repeat the unilateral adjustment market in 2018 in 2022, and the market structural opportunities throughout the year are still “promising”.
Shanghai Securities Journal
Strive to maintain orders and stabilize expectations. The State Office issued 15 measures to stabilize foreign trade across cycles
Recently, the general office of the State Council issued the opinions on doing a good job in cross cycle regulation and further stabilizing foreign trade. The opinions pointed out that at present, China’s foreign trade is facing more uncertain, unstable and unbalanced factors, and the foundation for foreign trade operation is not solid. Under the guidance of the Xi Jinping thought of socialism with Chinese characteristics in the new era, we should deeply implement the spirit of the important instructions of the general secretary of Xi Jinping on maintaining economic operation within a reasonable range, implement the decisions and arrangements of the Party Central Committee and the State Council, further expand opening-up, do a good job in cross cycle adjustment, help enterprises relieve difficulties, especially support small, medium-sized and micro foreign trade enterprises, and strive to maintain orders and stabilize expectations, Promote the steady development of foreign trade.
Why do track stocks continue to adjust
Since the new year, the A-share market has basically shown the characteristics of “frequent rotation of leading sectors and continuous decline of track assets”. And with the passage of time, this feature becomes more and more obvious.
Fund raising also depends on the overall cold of the “face” private placement market
Recently, the private placement market can be described as a double heaven of ice and fire. On the one hand, the blue chip 10 billion private placement has attracted strong gold, and on the other hand, the overall cooling of the private placement market. According to channel sources, on January 10, the trust plan with 10 billion private placement ningquan assets as investment adviser and a two-year lock-in period was exclusively sold in the Industrial Bank Co.Ltd(601166) channel, with an initial investment amount of 500000 yuan. It is estimated that the sales deadline is January 21. After the fund-raising of the trust plan is completed, it will invest in private equity funds of ningquan assets. As of the press date, the customer reservation amount of the trust plan has exceeded 3 billion yuan.
Real estate underpinning photovoltaic whipping glass industry to “light”
At the beginning of the new year, glass prices rose quietly. As of the 11th, fg205, the main contract of Zhengzhou glass futures, closed at 1923 yuan / ton, up more than 12% in recent five trading days; The main contract of soda ash, an important raw material of glass, also rose simultaneously, up 13% in the past five trading days. At the spot level, a number of Chinese glass production and processing enterprises issued price increase letters last weekend.
securities times
The electric heavy truck is ready to go, and the business model has yet to be verified
Under the background of “double carbon”, electric heavy trucks have sprung up in the overall depressed heavy truck market in 2021, and the sales volume continues to rise. Experts predict that the output of electric heavy trucks will triple this year to more than 40000, and bring more than 60gwh power battery demand.
Banking sector “turn the tide”? Three factors influence the future trend
Since the beginning of 2022, the banking sector, which has been depressed for a long time, has bucked the trend for many days and attracted close attention from the market. After the ups and downs of 2021, the investment value of bank stocks that have been in the valuation depression appears again.
State Council Office: do a good job in cross cycle adjustment and further stabilize foreign trade
On January 11, the general office of the State Council issued the opinions on doing a good job in cross cycle regulation and further stabilizing foreign trade, which “set the tone” for foreign trade in 2022. The document makes a series of deployment arrangements around the cross cycle adjustment of foreign trade, and clearly requires 15 tasks in four aspects: tapping the import and export potential, ensuring the stability and smoothness of the supply chain of the foreign trade industry chain, stabilizing the market main body and ensuring orders.
Many places have intensively released major projects, and new infrastructure and new energy have become important growth points
Since 2022, major projects in many provinces and cities including Shanghai, Zhejiang and Sichuan have been released and started successively. Guangdong, Anhui, Jiangsu, Henan, Hebei and other places have also successively released annual investment plans involving some key projects such as high-end industries, infrastructure and clean energy.
Securities Daily
Printing and distributing the comprehensive water environment control plan for key river basins in the 14th five year plan
On January 11, the official website of the national development and Reform Commission issued a notice on printing and distributing the plan for comprehensive treatment of water environment in key river basins in the 14th five year plan (hereinafter referred to as the plan). The plan consists of six chapters, which are explained in detail from the aspects of planning background, overall requirements, focusing on important lakes, promoting protection and governance, promoting comprehensive governance of large rivers, project implementation and safeguard measures.
What does the A-share market rely on to withstand the downward pressure of the economy?
In order to withstand the new downward pressure on the economy and ensure the smooth operation of the economy in the first quarter and the first half of the year, the national standing committee meeting held on January 10 put forward a package of countermeasures. What measures should be taken to withstand the downward pressure on the economy for the capital market, which plays a pivotal role in promoting the high-level circulation of science and technology, capital and the real economy?
Increasing pressure on the valuation of medical device stocks
The recent executive meeting of the State Council set the tone for the centralized purchase in 2022. It is necessary to focus on chronic diseases and common diseases, continue to promote the centralized purchase of drugs at the national level, and all localities carry out provincial or inter provincial alliance procurement of drugs outside the national centralized purchase. By the end of this year, the national and provincial centralized procurement of drugs will reach more than 350 in each province.
The total scale of ice and snow economy industry has reached 600 billion yuan
Less than one month after the opening of the Winter Olympic Games, skiing has been further popular among the public and can be called the “top stream” of winter sports.
The long dormant capital of all parties has also heard the wind, and the pace of investment and financing in the industry has accelerated.
people’s daily
By the end of 2021, the total number of Shanxi Guoxin Energy Corporation Limited(600617) vehicles has reached 7.84 million
The reporter learned from the Ministry of public security that the number of motor vehicles in China will reach 395 million in 2021, including 302 million cars; Motor vehicle drivers reached 481 million, including 444 million motor vehicle drivers. In 2021, 36.74 million new motor vehicles were registered, an increase of 10.38% over the previous year.
21st Century Business Herald
From “living” to “livable”: seven public service plans in the housing field of the 14th five year plan
Public services are related to people’s livelihood and connect the hearts of the people. On January 11, the State Information Office held a press conference on the 14th five year plan for public services (hereinafter referred to as the plan). Ou Xiaoli, director of the social development department of the national development and Reform Commission, introduced that the plan is a comprehensive, basic and guiding document to promote the development of public services during the 14th Five Year Plan period and even for a longer period.
Second hand housing turnover hit a 15 year low. Has the Shenzhen property market bottomed out?
Under the action of a series of combined punches such as “reference price of second-hand houses”, the trading volume of second-hand houses in Shenzhen will fall to the freezing point in 2021. According to the statistics of Shenzhen real estate information network, a total of 40699 second-hand houses were sold in Shenzhen in 2021, a year-on-year decrease of 57.3% over 2020, a new low in recent 15 years; According to the second-hand housing online signing data collected by Shenzhen real estate intermediary Association, 44375 second-hand housing online signing (including self-help) in Shenzhen in 2021, a decrease of 63.1% compared with 120295 online signing in 2020, which is the first time since 2007 that the amount of second-hand housing online signing is lower than the transaction volume of new houses.
first finance
China’s economic report card will be released next week, and its tenacious “character” has not changed
2021 is the first year of the 14th five year plan. Thanks to the sustained strong external demand and the gradual recovery of endogenous kinetic energy, China’s macro economy has shown a steady recovery trend. With the gradual withdrawal of large-scale policies and the marginal tightening of macro policies, the economic recovery momentum has slowed down since the second half of the year.
In 2021, the efficiency of the iron and steel industry will be the highest in history. What are the key tasks this year
The third meeting of the Sixth General Meeting of China Iron and steel industry association was held on January 10. LV Guixin, a first-class inspector of the raw materials department of the Ministry of industry and information technology, said at the meeting that the current downward pressure on the operation of the iron and steel industry has increased significantly. In November last year, the profitability of key large and medium-sized iron and steel enterprises decreased significantly, with a loss of more than 30%. The risk of another sharp rise in iron ore prices remains.
economic reference daily
A new round of policies has planted fertile soil for the development of “specialized and special new” enterprises
At the beginning of 2022, from ministries and commissions to local governments, we will actively deploy and plant “specialized and special new” small and medium-sized enterprises to cultivate and develop fertile land. The Ministry of industry and information technology will speed up the improvement of the evaluation system and gradient cultivation system of high-quality small and medium-sized enterprises, cultivate 3000 new “little giant” enterprises in the fourth batch of left and right in 2022, focus on supporting more than 500 “little giant” enterprises through the central finance, and promote more large enterprises to open the market to “specialized and new” small and medium-sized enterprises. Beijing, Hubei, Fujian, Guizhou, Henan and other places have also intensively deployed a new round of “specialized and special new” small and medium-sized enterprise cultivation plans and support measures, and distributed policy gift packages from the aspects of increasing financial support, encouraging listing and optimizing services to stimulate the vitality of enterprise development.
We will make greater efforts to reduce taxes and fees and promote economic stability and structural upgrading
The central economic work conference proposed to “implement new tax reduction and fee reduction policies and strengthen support for small, medium-sized and micro enterprises, individual industrial and commercial households, manufacturing industry and risk resolution”. The Symposium on tax reduction and fee reduction of the State Council proposed to “promote the implementation of greater combined tax reduction and fee reduction”. It can be predicted that the tax reduction and fee reduction measures to be introduced in 2022 will be combined with counter cyclical and cross cyclical adjustment means, which will not only be stronger, but also be more accurate and targeted. It aims to ensure market players, employment and promote the upgrading of industrial structure, which will help alleviate the triple pressure faced by the macro economy.
