1 – the people’s Bank of China decides to reduce the foreign exchange deposit reserve ratio of financial institutions
After AI express, in order to improve the utilization capacity of foreign exchange funds of financial institutions, the people’s Bank of China decided to reduce the foreign exchange deposit reserve ratio of financial institutions by 1 percentage point from May 15, 2022, that is, the foreign exchange deposit reserve ratio from the current 9% to 8%. (central bank website)
2 | whole point investment | southbound funds sold a net HK $296 million today and meituan bought a net HK $628.6 million
After AI express, the Hang Seng Index fell 3.73% on April 25. Southbound capital sold a net HK $296 million today. In the list of individual stocks with active transaction of southbound funds, there are 5 stocks net purchased, and the largest amount is meituan-w (3690.hk, closing price: HK $138.6), with a net purchase of HK $628.6 million; A total of 8 stocks were net sold, and the largest amount was CNOOC (0883.hk, closing price: HK $10.2), with a net sale of HK $608.4 million.
3 – the State Tobacco Monopoly Administration issued several policies and measures on promoting the legalization and standardization of e-cigarette industry (Trial)
After AI express, the State Tobacco Monopoly Administration issued a notice on several policies and measures (Trial) to promote the legalization and standardization of the e-cigarette industry. The notice proposed to adjust and optimize the industrial structure, strictly control the new production capacity, reasonably control the scale of production capacity and prevent overcapacity. Guided by optimizing resource allocation and meeting market demand, keep the industrial concentration at a reasonable level, and guide enterprises that do not adapt to market competition to exit in an orderly manner. Establish a pre examination system for the initial public offering and listing application of e-cigarette enterprises at home and abroad. The competent department of tobacco monopoly administration under the State Council shall perform the duty of pre examination, and the electronic cigarette enterprises to be listed can perform the follow-up listing procedures only after being examined and approved. (website of the State Tobacco Monopoly Administration)
4 – the first round of centralized local auction in Tianjin: 15 cases of suspension, 9 cases of unsold auction, and 6 cases of land collection of about 4.3 billion
Every AI express, on April 25, the first round of centralized land supply in Tianjin ended, and the chill in the land market remained. According to the transfer results, there are 30 plots of land in the first round of centralized land supply in Tianjin, including 15 suspension, 9 flow auction and 5 reserve price transactions; The total land transaction area is 48.6 square meters, and the total transaction amount is about 4.348 billion yuan, down 83% and 91% respectively compared with the first round of land auction last year. From the perspective of Tianjin’s real estate investment platform, the local enterprises such as Wude city are the main ones, including the real estate investment platform in Tianjin. In terms of the distribution area of the transaction plots, there was one transaction in Dongli District, two transactions in Xiqing District, one transaction in Beichen District, one transaction in Wuqing District and one transaction in Binhai New Area. (Beijing News)
5 Youngy Co.Ltd(002192) : net profit of 254 million yuan in the first quarter of 2022, with a year-on-year increase of 1399626%
Every AI express, Youngy Co.Ltd(002192) : the net profit in the first quarter of 2022 was 254 million yuan, a year-on-year increase of 1399626%.
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