daily selection
central bank: in order to implement the decisions and arrangements of the CPC Central Committee and the State Council, according to the requirements of the executive meeting of the State Council, the people’s Bank of China has established a re loan for scientific and technological innovation, guided financial institutions to increase their support for scientific and technological innovation, and leveraged social funds to promote scientific and technological innovation. The amount of scientific and technological innovation re loan is 200 billion yuan, the interest rate is 1.75%, the term is one year, and can be extended twice. The distribution objects include 21 financial institutions such as China Development Bank, policy banks, state-owned commercial banks, postal savings bank of China and joint-stock commercial banks, and provide financial support according to 60% of the loan principal of qualified scientific and technological enterprises issued by financial institutions. [details]
China Clearing: in order to thoroughly implement the spirit of the special meeting of the Finance Committee of the State Council, promote the stable and healthy operation of the capital market, further stimulate market vitality by reducing investor costs and increase support for the real economy, China Securities Depository and Clearing Corporation Limited has decided to reduce the transfer fee of stock transactions by 50% as of April 29, 2022, That is to say, the transfer fee for stock trading will be charged from 0.02 ‰ of the transaction amount for A-Shares in Shanghai and Shenzhen market and 0.025 ‰ of the transaction amount for A-Shares in Beijing market and shares of listed companies, and will be reduced to 0.01 ‰ of the transaction amount. [details]
Ministry of Finance: in order to strengthen the guarantee of energy supply and promote high-quality development, the Tariff Commission of the State Council decided according to procedures to implement a provisional import tax rate of zero for coal from May 1, 2022 to March 31, 2023. [details]
macro economy
first finance and Economics: Gao Feng, spokesman of the Ministry of Commerce, said that it is understood that 247 of the 666 enterprises on the first “white list” released in Shanghai are foreign-funded enterprises, involving key industries such as integrated circuit, automobile manufacturing, equipment manufacturing and biomedicine. Key foreign-funded enterprises such as Volkswagen and Tesla have resumed work and production in an orderly manner. Some foreign-funded enterprises are actively applying for inclusion in the list of the second batch of enterprises returning to work and production. At the same time, we also note that the enterprise still faces some specific operational problems in the process of returning to work. We are working with relevant member units of the special class for key foreign-funded projects and relevant parties in Shanghai to strengthen coordination and promotion, and make every effort to ensure the return to work and production of the enterprise. [details]
China Central Television: the reporter learned from the national development and Reform Commission that the details of this oil price adjustment are as follows: China’s gasoline and diesel prices have increased by 205 yuan and 200 yuan per ton respectively. China Central Television financial reporter has calculated an account for you. According to the estimation of the 50L capacity of the general household automobile fuel tank, it will cost 8 yuan to fill a box of No. 92 gasoline. [details]
China Securities News: the reporter learned from the website of the Ministry of water resources on April 28 that on April 26, vice minister Wei Shanzhong of the Ministry of water resources presided over the dispatching meeting on making good use of local government special bonds, promoting water conservancy construction, making more use of local government special bonds, further expanding the scale of water conservancy investment, and providing financial support for promoting the high-quality development of water conservancy in the new stage. [details]
Securities Daily website: on April 28, the Ministry of Finance and other four departments issued the notice on organizing the application of pilot cities for government procurement to support green building materials and promote the improvement of building quality. In order to improve the government’s green procurement standards, increase the purchasing power of green and low-carbon products, comprehensively promote green buildings and green building materials, and help the green development of urban and rural construction, the notice was issued in Nanjing, Hangzhou, Shaoxing, Huzhou, Qingdao On the basis of six pilot cities such as Foshan, the Ministry of finance, the Ministry of housing and urban rural development, the Ministry of industry and information technology and the State Administration of market supervision decided to further expand the pilot scope of government procurement to support green building materials and promote the improvement of building quality. [details]
industry trends
Xinhuanetco.Ltd(603888) : 28, the working office of Beijing high-level automatic driving demonstration area issued the implementation rules for the administration of unmanned road test and demonstration application of passenger vehicles in the leading area of Beijing intelligent Internet connected vehicle policy, which opened the pilot operation of unmanned passenger vehicles for the first time in China, adopting the unmanned manned mode of “unmanned driver and safety officer for CO driver”, The first batch of 14 unmanned vehicles will be put into demonstration application in Beijing. [details]
Securities Times: on April 28, Yu Chengdong, executive director and CEO of terminal business of Huawei, said that up to now, Huawei has more than 240 million devices equipped with harmonyos and more than 150 million ecological devices. [details]
CCTV news client: on April 28, the reporter learned from the Beijing Municipal Development and Reform Commission that in order to implement the Beijing plastic pollution control action plan (20202025), the Beijing Municipal Development and Reform Commission and the Ecological Environment Bureau formulate work points every year, refine and decompose phased objectives and tasks into each year, put forward specific work measures and clarify the division of responsibilities, Solidly promote the treatment of plastic pollution. [details]
financial Associated Press: national development and Reform Commission issued the implementation plan for supporting Ningxia to build a leading area for ecological protection and high-quality development in the Yellow River Basin. The goal is to make important progress in the construction of pilot areas by 2025. The rigid restraint system of water resources was fully implemented, the level of economical and intensive utilization of water resources was significantly improved, and the water consumption per unit of regional GDP decreased by more than 15%. Remarkable achievements have been made in ecological protection and restoration. The forest coverage rate has reached 20%, the comprehensive vegetation coverage of grassland has reached 57%, and the water quality of the trunk and tributaries of the Yellow River has been continuously improved. [details]
stock market focus
Securities Times: Citic Securities Company Limited(600030) ( Citic Securities Company Limited(600030) ) disclosed the first quarter report on the evening of April 28. During the reporting period, the company realized an operating revenue of 15.216 billion yuan, a year-on-year decrease of 7.2%; The net profit was 5.229 billion yuan, a year-on-year increase of 1.24%; The basic earnings per share is 0.36 yuan. [details]
financial Associated Press: on the 27th, the market sentiment rose sharply. With the help of the collective outbreak of the track sector, individual stocks rose in a large area, and more than 100 individual stocks rose the limit. With the overall improvement of the market on the 28th, the panic mood in the early stage has warmed significantly.
Since the beginning of this year, the three major indexes have fallen significantly, especially in the middle and late April. Affected by factors such as the Fed’s interest rate hike and the accelerated depreciation of the RMB exchange rate, the market has rapidly explored downward, breaking the shock pattern of the previous nearly one month, and the market sentiment has also cooled significantly. At present, the Shanghai stock index remains stable above 2900 points and falls back to the level in early July 2020. However, due to different profitability, the same point corresponds to different valuations. From the perspective of valuation level, according to the data of Guolian Securities Co.Ltd(601456) Research Report, in the past 15 years, the current valuation quantiles of P / E ratio and P / B ratio of Shanghai composite index are at the low quantiles of 14.3% and 0.3% respectively. [details]
interface news: closed on April 28, Chengxin Lithium Group Co.Ltd(002240) ( Chengxin Lithium Group Co.Ltd(002240) . SZ) completed the second limit, and the share price returned to 41.21 yuan Tianqi Lithium Corporation(002466) ( Tianqi Lithium Corporation(002466) . SZ) rose 6.32%, Ganfeng Lithium Co.Ltd(002460) ( Ganfeng Lithium Co.Ltd(002460) . SZ) rose 4.33%, and Eve Energy Co.Ltd(300014) ( Eve Energy Co.Ltd(300014) . SZ) also rebounded 4.23%. According to the Research Report of Cinda securities, the main contradiction in the lithium industry in 2021 is the imbalance between lithium supply and demand caused by the limited supply of lithium resources and the higher than expected growth in the demand for new energy vehicles. This contradiction still exists in 2022. The global lithium resource supply leader is highly concentrated. Although the leading enterprises will release a batch of production capacity in 2022, the overall progress is slow, and the production progress has not been accelerated due to the sharp rise of lithium price. If the production capacity climbing is considered, the lithium resource supply will remain in short supply under the condition of rapid demand growth. [details]
Securities Times: major benefits have come. China Securities Depository and Clearing Co., Ltd. issued a notice to reduce the stock transaction transfer fee by 50% as of April 29. The last time the transaction fee of stock transfer was reduced was on July 9, 2015. The Shanghai Stock Exchange charged the investors of the buyer and the seller respectively according to the transaction face value of 0.3 ‰ and the Shenzhen Stock Exchange charged the investors of the buyer and the seller according to the transaction amount of 0.0255 ‰, which was uniformly adjusted to charge the investors of the buyer and the seller respectively according to the transaction amount of 0.02 ‰. On the day after the good news release, the Shanghai stock index rose 4.54%. 16 stocks including Northeast Securities Co.Ltd(000686) , Sealand Securities Co.Ltd(000750) , China stock market news, Guotai Junan Securities Co.Ltd(601211) and other stocks in the securities sector gained the daily limit, and Haitong Securities Company Limited(600837) , Citic Securities Company Limited(600030) , with the lowest increase, also gained more than 7% on the same day. [details]
subscription of new shares: none
new bond subscription: none
IPO: yongtaiyun, Delong laser, Jingye intelligence, Guoneng Rixin
new bond listing: none
company news
Wanhua Chemical Group Co.Ltd(600309) :
Tbea Co.Ltd(600089) : holding company plans to invest 2.375 billion yuan in the construction of new energy power station project
Xinjiang Bai Hua Cun Pharma Tech Co.Ltd(600721) : withdrawal of delisting risk warning for the company’s shares
Weilong Grape Wine Co.Ltd(603779) : first quarter net profit increased by 218936% year on year
Shenzhen Yhlo Biotech Co.Ltd(688575) : first quarter net profit increased by 125779% year-on-year
Suzhou Ta&A Ultra Clean Technology Co.Ltd(300390) : first quarter net profit increased by 939.05% year on year
Hubei Xingfa Chemicals Group Co.Ltd(600141) : first quarter net profit increased by 384.07% year-on-year
Yunnan Baiyao Group Co.Ltd(000538) : first quarter net profit increased by 19.81% year on year
China Securities Co.Ltd(601066) : first quarter net profit decreased by 10.46% year-on-year
China Vanke Co.Ltd(000002) : first quarter net profit increased by 10.58% year on year
Zhongman Petroleum And Natural Gas Group Corp.Ltd(603619) : first quarter net profit increased by 725.32% year-on-year
Walvax Biotechnology Co.Ltd(300142) : first quarter net profit increased by 20.09% year-on-year
Shijiazhuang Yiling Pharmaceutical Co.Ltd(002603) : first quarter net profit decreased by 28.22% year-on-year
data list
Shanghai and Shenzhen Stock Markets: on April 28, the three major indexes rose or fell. As of the closing, the Shanghai index rose 0.58%, the Shenzhen Component Index fell 0.23% and the gem index fell 1.83%. On the disk, energy metals, coal, real estate development and other sectors led the increase; Education, medical devices, food and beverage sectors led the decline.
Hong Kong stocks: Hang Seng Index closed up 1.65% and Hang Seng technology index rose 2.15%. Technology stocks led the gains, with BiliBili up about 6%, JD group up about 4%, Alibaba up about 4%, and Ctrip group, baidu group, Xiaomi group and Tencent holdings up.
Shanghai Shenzhen Gangtong: BEIXIANG capital sold a net 637 million yuan today Luxshare Precision Industry Co.Ltd(002475) , China State Construction Engineering Corporation Limited(601668) , China Tourism Group Duty Free Corporation Limited(601888) were sold net of 267 million yuan, 150 million yuan and 04 million yuan respectively Shenzhen Inovance Technology Co.Ltd(300124) bucked the trend and obtained a net purchase of 513 million yuan.
The number of shares on the list is 28 million yuan, which is the largest. Data show that the stock closed within the daily limit, with a turnover rate of 4.12% throughout the day. The net inflow of funds into the top Shenzhen Stock connect seats was 247 million yuan, CITIC Shanghai Branch was 884144 million yuan, and CICC Shanghai Branch was 626843 million yuan. A total of 61 stocks were involved in the institutional participation in the dragon and tiger list, of which 25 were net bought by the institution, and Shanghai Junshi Biosciences Co.Ltd(688180) was the most bought, amounting to 117 million yuan. In addition, 36 shares were net sold by institutions, and Guangzhou Great Power Energy&Technology Co.Ltd(300438) was sold the most, amounting to 218 million yuan.
margin trading : as of April 27, the balance of Shanghai and Shenzhen financial markets was 1532627 billion yuan, a decrease of 8.799 billion yuan compared with the previous trading day. Among them, the financing balance was 1454001 billion yuan, a decrease of 11.449 billion yuan compared with the previous trading day; The balance of securities lending was 78.626 billion yuan, an increase of 2.65 billion yuan over the previous trading day.
Shibor: Shibor reported 1.3010% overnight, down 0.2 basis points; Shibor reported 1.8800% in seven days, up 13.7 basis points; Three month Shibor reported 2.2310%, down 1.1 basis points
foreign exchange
On April 28, the central parity rate of RMB was 6.5628, down 30 points, and the central parity rate of the previous trading day was 6.5598 The onshore RMB closed at 6.6115 against the US dollar at 16:30, down 546 basis points from the previous trading day Property market
financial Associated Press: reporters learned from a number of real estate agents and bankers in Langfang, Hebei that the down payment ratio of the first house loan of a local bank decreased to 20% on the 28th. A bank credit manager in Langfang, Hebei Province, said that since the 28th, the down payment ratio of the bank’s first house loan has been reduced from 30% to 20%, and the down payment ratio of the second house is between 30% and 50% according to different customer qualifications. [details]
daily economic news: on April 28, Zhongshan human resources and Social Security Bureau issued a notice that junior colleges can buy a suite without social security. It is worth mentioning that this is the second city in Dawan district to relax purchase restrictions after Foshan. The notice mentioned that non registered residence registered permanent residence talents who hold college or above (including college) education certificates, professional and technical qualifications, vocational qualifications or vocational skill level certificates are allowed to purchase a new commercial housing within the city, and the housing shall not be listed for trading within 2 years from the date of Online signing. [details]
International Information
Xinhuanetco.Ltd(603888) : the Bank of Japan announced on the 28th that it would maintain the current ultra loose monetary policy, lower its economic growth forecast for fiscal year 2022 (up to March 2023) and raise its inflation forecast. After the two-day monetary policy meeting, the Bank of Japan announced that it would continue to maintain the current ultra loose monetary policy, maintain the short-term interest rate at negative 0.1%, and maintain the long-term interest rate at about zero by purchasing long-term treasury bonds. The central bank will implement open market operation on each trading day and buy unlimited treasury bonds. [details]
interface news: the US economy shrank at an annualized rate of 1.4% in the first quarter, the first negative value since the second quarter of 2020. It is estimated to grow by 1.1%, compared with 6.9%. [details]
futures market
China Futures: China commodity futures closed with mixed gains and losses. Pulp rose more than 4%, rapeseed meal and palm oil rose more than 3%, Douer and Zheng Mian rose more than 2%, Shanghai nickel and soybean meal rose more than 1%, eggs and PTA rose slightly; Jujube, coking coal and Huyin fell by more than 1%, while sugar and crude oil fell slightly.
International Futures: WTI crude oil futures closed up 3.27% to US $105.36/barrel. COMEX June gold futures closed up 0.1% to $189130 / ounce
overseas index
US stock market: the three major indexes of US stocks closed higher, with the Dow index up 1.85%, the S & P 500 index up 2.49% and the NASDAQ index up 3.06%. Software applications, semiconductors and streaming media sectors led the gains, with Qualcomm up more than 9%, liandian and NVIDIA up more than 7%, AMD and microchip technology up more than 5%, apple up more than 4% and Intel up more than 3%. Meta platforms rose more than 17%, and the company’s first quarter earnings, net profit and the number of users were better than expected.
European stock markets: European stocks closed generally higher, with Germany’s DAX30 index up 1.35%, Britain’s FTSE 100 index up 1.15%, France’s CAC40 index up 0.98% and Europe’s Stoxx 50 index up 1.14%.
Asia Pacific Stock Market: at 14:00 on April 28, the Nikkei 225 index closed up 455.37 points, or 1.73%, at 268420. South Korea’s Kospi index closed up 28.43 points, or 1.08%, at 266749.
