On Wednesday, April 27, the essence of the headlines of today's newspaper is as follows:
china Securities Journal
Institutions believe that A-Shares are in the deep value area
Every small holiday eve, the market has a question: holding or holding money? The recent adjustment trend of a shares, superimposed with the customary saying of "five poverty", seems to indicate that holding money is more appropriate. Analysts said that from the May data of A-Shares in recent 10 years, the argument of "five poverty" is not tenable. At present, A-Shares are in the deep value area. After continuous adjustment, there is a short-term demand for technical repair in the market.
The financial management department issued a clear signal of "three stabilities" intensively
The person in charge of China's monetary market will pay more attention to the impact of monetary policy and financial market regulation on the healthy development of the financial market after the implementation of monetary policy on April 25. Experts believe that the people's Bank of China and other financial management departments timely respond to market concerns, guide market expectations, and continuously release the policy signals of stabilizing the economy, expectations and market, which is conducive to stabilizing the short-term irrational fluctuations of the market.
Opinions on accelerating the high-quality development of public fund industry
On April 26, the CSRC issued the opinions on accelerating the high-quality development of the public fund industry, which proposed to support differentiated development, strengthen the long-term incentive and restraint mechanism, actively promote the development of innovative products, increase the proportion of medium and long-term funds, strive to improve the sense of gain of investors, and accelerate the construction of a new development pattern of the industry. Industry insiders believe that the opinions affirm the achievements of the public fund industry in the past 20 years and also put forward the areas that need to be improved, which has practical guiding significance for the long-term and healthy development of the industry.
China Securities News front page: long money sees opportunities and shows his attitude
"From the historical vertical comparison, the current market valuation level has dropped significantly to the bottom area." "The current position is low enough, and the bottom probability is not far away." "Many high-quality companies have shown very good long-term investment opportunities." Recently, the situation outside China has changed beyond expectations, and the financial market has encountered resonance adjustment. Under the complex situation, some people choose to avoid the limelight, while others consider timely layout. Institutional sources said that after entering the current point area, the A-share market risk has been fully released, the medium and long-term investment value has gradually emerged, and the long-term funds are expected to usher in the layout opportunity
Shanghai Securities News
Expert: take a rational view of the short-term market disturbance and be optimistic about the prospect of economic recovery
Recently, the market has encountered the dual downward pressure of stocks and foreign exchange. At the close on April 26, the Shanghai Composite Index fell 1.44%, the Shenzhen composite index fell 1.66% and the gem index fell 0.85%. Since late April, the RMB exchange rate has also fallen sharply due to the comprehensive impact of the multi-point spread of the epidemic, the strength of the US dollar index and the fluctuation of the financial market. In this context, on April 25, the central bank announced that it planned to reduce the foreign exchange deposit reserve ratio of financial institutions by 1 percentage point.
The positive transmission effect of market expectation is becoming stronger and stronger
"There have been some fluctuations in the financial market recently, which are mainly affected by investors' expectations and emotions." The relevant person in charge of the central bank believes that. According to the mainstream view of market institutions, at present, A-Shares are in the stage of operation from "policy bottom" to "market bottom", which is inseparable from the positive and effective transmission from favorable policies to market expectations. It can be seen from the historical market that in the case of pessimism and panic, positive factors are often ignored by the market in the short term, but with the accumulation and remarkable effect of positive factors and the release of negative emotions of investors, the market will eventually return to rationality.
The people's Bank of China responded to recent financial market fluctuations: mainly affected by investor expectations and sentiment, China's economic fundamentals are good
The relevant person in charge of the people's Bank of China said in an interview with the financial times yesterday that he was concerned about some recent fluctuations in the financial market, which were mainly affected by investor expectations and emotions. At present, China's economic fundamentals are sound, the potential for endogenous economic growth is huge, and substantial progress has been made in preventing and resolving financial risks.
Leverage funds "emotional stability" two financial balances fell moderately
Recently, the A-share market continued to be depressed, and the three major stock indexes continued to brush the low points in the new year. At this time, the latest trend of leveraged funds is particularly noteworthy. According to the data of the exchange, as of the closing on April 25, the balance of dual financing in Shanghai and Shenzhen markets totaled 1571123 billion yuan, including 1493445 billion yuan, both of which reached a new low since December 2020
Securities Times
The CSRC will accelerate the high-quality development of the public offering industry, expand the team of public fund managers, and improve the proportion of medium and long-term funds
Yesterday, the CSRC issued the opinions on accelerating the high-quality development of the public fund industry. The opinions supports fund management companies to achieve differentiated development on the basis of optimizing and strengthening the main business of public funds, expand the team of public fund managers, improve the proportion of medium and long-term funds, continue to promote insurance, financial management, trust and other asset management institutions to increase the actual proportion of equity investment through direct investment, entrusted investment, public funds and other forms, and implement long-term assessment.
More than 500 listed companies participated in the questionnaire survey on the impact of the epidemic. Enterprises under the pressure of sharp rise in comprehensive costs and loss of orders overseas need to be vigilant
Since this year, a new round of covid-19 pneumonia has hit Shenzhen, Shanghai and other important cities, affecting the production and operation of some enterprises. In order to comprehensively evaluate and understand the impact of the epidemic on the operation of listed companies, the securities times, together with the intelligent housekeeper of capital market compliance - value online, launched a questionnaire survey on the operation status of listed companies under the epidemic. During the survey, 507 valid questionnaires filled in by relevant persons of listed companies were collected.
The position trend of social security fund in the first quarterly report was exposed, with heavy positions in 11 shares for four consecutive years
According to the statistics of securities times · databao, as of April 26, the social security fund had recently appeared in the list of the top 10 circulating shareholders of 151 shares at the end of the first quarter, with a total shareholding of 2.755 billion shares and a total market value of 53.041 billion yuan at the end of the period. Shareholding changes show that there are 31 unchanged, 44 reduced, 32 new and 44 increased.
With the "basic law" of OTC derivatives, securities companies have opened up a new battlefield of differentiated competition
Recently, the futures and derivatives law was officially implemented, and various institutions and even regulators came to the stage to explore how to take the introduction of this "basic law" as an opportunity to promote and standardize the development of the industry and market
Securities Daily
The stock index fell below 2900 points, and the logic confirmed the "gold pit" of a shares
288643 points! On Monday, the stock index fell below 3000 points and continued to fall below 2900 points on Tuesday, finally closing at 288643 points, down 1.44% on the same day, narrowed from Monday's 5.13% decline.
At the same time, the decline of Shenzhen Composite Index and gem index also slowed down on Tuesday, with declines of 1.66% and 0.85% respectively.
The sustained recovery of consumption is not only the policy orientation, but also the investment target
Recently, the epidemic situation in China has spread in many places, and the "triple pressure" facing economic development has increased, which has exacerbated investors' concerns about the future economic trend. To boost confidence and stabilize the market, stabilizing the economy is the key, and the "stability" and "progress" of the economy are inseparable from the continuous recovery of consumption.
New and old infrastructure accelerated and grew steadily, with a total investment of more than 3.4 trillion yuan
In the second quarter, new and old infrastructure investment continued to make efforts, and a number of major projects were started in many places. According to incomplete statistics by the reporter of Securities Daily, from April 1 to April 26, 7911 major projects were started in Anhui, Hunan, Sichuan, Hebei, Jiangxi and Shandong, with a total investment of 3418.3 billion yuan.
63 public offerings and asset management of securities companies sold "bottom reading", with a cumulative self purchase amount of more than 1.8 billion yuan, a year-on-year increase of 61%
Since this year, public funds and asset management of securities companies have thrown out plans to buy their own products. Up to now, there are more than 6.3 billion self purchased companies, of which the total self purchased amount has exceeded 1.8 billion yuan. Since April, the amount of self purchase by public funds and securities companies has increased by 229% year-on-year
people's daily
Strengthen confidence and accelerate the construction of a national unified market
Not long ago, the opinions of the CPC Central Committee and the State Council on accelerating the construction of the national unified market (hereinafter referred to as the opinions) was issued, which defined the overall requirements, main objectives and key tasks of accelerating the construction of the national unified market
first finance
More than 1 / 3 of the central enterprises have laid out the whole industrial chain of hydrogen energy, and these major projects have been implemented
With the release of the medium and long-term plan for the development of hydrogen energy industry, hydrogen energy has risen to the national energy strategic position, and many large energy enterprises and listed companies have accelerated the layout of the whole hydrogen energy industry chain.
Behind Maotai's performance growth of more than 20% in the first quarter, the direct sales revenue doubled
On the evening of April 26, Kweichow Moutai Co.Ltd(600519) ( Kweichow Moutai Co.Ltd(600519) . SH) released the first quarter performance report of 2022. In the first quarter, the operating revenue was 32.296 billion yuan, a year-on-year increase of 18.43%; The net profit attributable to shareholders of listed companies was 17.245 billion yuan, a year-on-year increase of 23.58%
economic reference
During the year, more than 400 companies implemented repurchase of multi-channel funds "real gold and silver" to stabilize confidence
On April 26, the A-share market continued to adjust. It is worth noting that recently, there have been frequent announcements of repurchase of listed companies and increase of shareholders' holdings, and fund companies have also actively made self purchase, and multiple funds have "made moves" to stabilize market confidence.
Nearly 600 billion funds are available from public funds, and A-Shares are viewed positively
In the annual report quarter, as a professional institutional investor, the performance and position layout of public funds have also attracted much market attention According to the data of China Galaxy Securities Co.Ltd(601881) securities fund research center, the total profit of public funds reached 714757 billion yuan in 2021, and the total scale of funds exceeded 25 trillion yuan. Facing the complex market environment, in recent years, public funds have become increasingly prominent in guiding market value investment and giving play to the role of market "stabilizer".
