January 19th (Wednesday), the main contents of today’s headlines are:
China Securities Journal
Central bank: open the monetary policy toolbox wider
Focusing on steady growth, the reduction of reserve requirements and interest rates has been implemented successively in the past month, which reflects the initiative, promising and forward force of monetary policy. In the coming period, how will monetary policy continue to make efforts to output strong “positive energy” for stabilizing the macro-economic market? At the press conference on 2021 financial statistics held on January 18, the relevant person in charge of the people’s Bank of China gave an authoritative answer.
Focusing on three “more prominent” capital market services and “steady growth” will release new potential energy
The 2022 system work conference of the CSRC held recently stressed that we should highlight “steady growth” and constantly improve the high-quality development ability of the service economy. According to the data, focusing on high-quality development, China’s equity and debt financing exceeded 10 trillion yuan in 2021, serving the real economy and achieving both quantity and quality.
Blue chip stocks were also reduced and fund institutions were picky about fundamentals
As of January 18, more than 40 listed companies have released the annual report performance express for 2021, more than 500 listed companies have released the annual report performance forecast, and some blue chip stocks have surfaced. However, the reporter observed that although the performance of some companies increased significantly year-on-year, they became the object of “shipment” of fund institutions one after another.
Tonga volcano “Butterfly Effect” is expected to attract attention in the Shenzhen Agricultural Products Group Co.Ltd(000061) market
Climate change often makes waves on Shenzhen Agricultural Products Group Co.Ltd(000061) assets. Recently, The Pacific Securities Co.Ltd(601099) island country Tonga’s vei-6 volcano erupted, which once again aroused the market’s attention to the supply of Shenzhen Agricultural Products Group Co.Ltd(000061) market. Can the “Butterfly Effect” of the volcanic eruption set off a capital storm? Analysts can’t agree on this. Some analysts said that the temperature is expected to be low in 2022 and grain production will also be affected. However, some people believe that the impact of volcanic eruption is medium-term and slow, and there is no need to worry too much in the short term.
Shanghai Securities Journal
Central bank: open the monetary policy toolbox wider
The Information Office of the State Council held a press conference on financial statistics in 2021 on January 18. Liu Guoqiang, vice president of the people’s Bank of China, stressed at the meeting that the current economy is facing triple pressure, “stability” itself is the biggest “progress”.
Super asset scale subscription reappears new chaos under the network and needs to be standardized
Due to the obvious effect of making money, offline innovation has attracted a positive influx of funds from all walks of life. As a result, new violations have occurred offline from time to time, and the problems of lax risk control and weak compliance awareness of some institutions have also been exposed. Recently, an underwriter said in the wechat group that Huachuang securities was suspected of over subscription when making new offline, which triggered discussion in the industry.
The development plan of modern comprehensive transportation system in the 14th five year plan was released
The State Council recently issued the “14th five year plan” for the development of modern comprehensive transportation system (hereinafter referred to as the “plan”). The main goal set in the plan is that by 2025, the integrated development of comprehensive transportation will be basically realized, substantial breakthroughs will be made in intellectualization and greening, the comprehensive capacity, service quality, operation efficiency and overall benefits will be significantly improved, and the development of transportation will move forward to the world-class level.
In 2022, the CSRC will focus on stabilizing growth and preventing risks, and consolidate the endogenous stability mechanism of the capital market through reform to stabilize expectations and increase vitality
The CSRC held a 2022 system work meeting on the 17th to make arrangements for the key work of capital market reform and development. The meeting proposed that this year’s capital market reform should adhere to the principle of “stability first, seeking progress while stability”, give prominence to steady growth and risk prevention, and continue to comprehensively deepen reform and opening up.
securities times
Central bank: the toolbox of monetary policy should be bigger
On January 18, the State Council Information Office held a press conference on financial statistics in 2021. Liu Guoqiang, vice governor of the central bank, sun Guofeng, director of the monetary policy department, Zou LAN, director of the financial market department, and Ruan Jianhong, director of the investigation and Statistics Department responded to the recent hot issues of monetary policy and financial markets. Liu Guoqiang said that the current monetary policy should be fully, accurately and forward, and the toolbox of monetary policy should be bigger and ahead of the market curve.
The chief of a securities firm stumbled and couldn’t go wild
Recently, the news of the accident of the former chief strategic analyst of a securities firm spread in the market. With the wide spread of the news, there are some eye-catching keywords such as “taking orders for hot money”, “joint speculation”, “insider trading” and “small group of 20 people”. The undercurrent behind the brilliance of the securities industry hurts the public again.
There is sufficient momentum for steady growth. This year’s economic growth target is aimed at more than “6”
As of January 18, 11 provinces, autonomous regions and municipalities directly under the central government have announced the growth rate of local gross domestic product (GDP) in 2021 and the target growth rate of GDP in 2022. Under the triple pressure of economic operation, the economic development goals of many places remain strong, and the GDP growth rate is set at more than 6%, reflecting the full confidence of local governments to stabilize economic growth.
New shares break into normal, blindly open new eyes
The breaking of new shares has become the norm. Since the beginning of 2022, the IPO of new shares has been frustrated. As of January 17, 14 new shares have been listed this year, of which 4 shares broke on the first day, accounting for 28%. The myth of “beating the new and invincible” is no longer. Investors who blindly beat the new should open their eyes and carefully screen the quality of the enterprise.
Securities Daily
The volatility of A-share market shows a downward trend, and experts suggest to continue to increase the proportion of long-term capital equity investment
“With the continuous entry of medium and long-term funds into the market, the volatility of A-share market has shown a downward trend in recent three years, of which the annual volatility in 2021 is only 9.34%. This fully shows that the participation of medium and long-term funds helps to reduce the overall volatility of the market and stabilize the market trend.” Chen Mengjie, chief strategic analyst of YueKai Securities Research Institute, said in an interview with Securities Daily that in addition, it will also help guide more investors to focus on high-quality assets, so as to improve the allocation efficiency of the capital market.
The high-end of the new national tide cannot be “raised”
The National Bureau of statistics released China’s economic data for 2021 on January 17. China’s GDP increased by 8.1% year-on-year, achieving a good start in the 14th five year plan. With the steady economic growth, people’s cultural self-confidence and national pride have been significantly improved, and the “national tide” has been redefined.
Cosmetics sales increased by the most in 8 years and vigorously promoted into a growth “key”
On January 17, according to the data released by the National Bureau of statistics, the total retail sales of cosmetics reached 402.6 billion yuan in 2021 and 340 billion yuan in 2020, an increase of 18.41%, the largest increase in the total retail sales of cosmetics in the past eight years.
The annual salary of one million yuan “excavates” talents, and the securities firm “ten thousand people club” is expected to welcome new members
With the rapid development of the securities industry, securities companies continue to strengthen the construction of talent team and enable the high-quality development of the industry with high-quality talents.
To this end, the recruitment methods of securities companies such as public recruitment of senior executives, pre employee recruitment plan and annual salary of one million yuan are also emerging one after another. In terms of business, in addition to the traditional main business, business talents such as financial technology and research are also the “battleground” of major securities companies in China.
people’s daily
Last year, the enterprise loan interest rate fell to 4.61%, and the financial support to the real economy was stable
According to the latest data released by the people’s Bank of China, in 2021, China continued to promote a steady decline in the comprehensive financing cost of enterprises. The annual enterprise loan interest rate fell to 4.61%, 0.1 percentage point lower than that in 2020 and 0.69 percentage point lower than that in 2019, the lowest level in more than 40 years of reform and opening up.
21st Century Business Herald
National Development and Reform Commission: there were many uncertain factors in the first quarter, and we should speed up the implementation of a series of measures to expand domestic demand
On January 18, the national development and Reform Commission held a January press conference to respond to the current situation judgment and policy response. In 2021, China’s GDP reached 114.4 trillion yuan, with a year-on-year increase of 8.1% and an average growth of 5.1% in two years. China continues to lead the global economic recovery, and the economic growth rate ranks in the forefront of major economies. In 2021, China’s per capita GDP will reach US $12500, which is expected to exceed the global per capita GDP level and further approach the threshold of high-income economy.
The total premiums of the four listed insurance companies increased by 0.25% last year. How many are happy and how many are worried?
At present, A-share listed insurance companies have successively released the annual premium data of 2021. The original insurance premium income of the four A-share listed insurance companies China Life Insurance Company Limited(601628) , Ping An Insurance (Group) Company Of China Ltd(601318) , The People’S Insurance Company (Group) Of China Limited(601319) , New China Life Insurance Company Ltd(601336) totaled 2124.85 billion yuan in 2021, a year-on-year decrease of 0.25%.
first finance
The starting point of policy is appropriately moved forward, and infrastructure investment ushers in an inflection point
Policies such as moderately advanced infrastructure investment are being put into force. Yuan Da, director of the comprehensive Department of national economy of the national development and Reform Commission, said at a press conference on the 18th that we should speed up the introduction of a series of policies and measures to implement the strategy of expanding domestic demand, appropriately carry out infrastructure investment in advance, implement the special bonds issued by local governments in the fourth quarter of last year into specific projects as soon as possible, speed up the issuance of the issued quota, and strive to form more physical workload in the first quarter.
Loan assistance platform should also wear “tight hoops”? Insiders: filling loopholes is the trend
The risk remediation of Internet platforms in the financial field is still continuing. Recently, Jingdong’s “white strip” upgrade to “white card” action attracted market attention. This is also a major move after Alipay’s “borrowing” and “Hua Bai” rectification, which has a greater impact on the loan function. Industry insiders generally believe that under the constraints of the new regulations on credit investigation management and the online marketing methods of financial products, the rectification of the Internet platform will continue to increase.
economic reference daily
Promote the “accumulation and momentum” of financial technology
Recently, the people’s Bank of China issued the financial science and technology development plan (2022-2025). This is the second round of financial technology development plan issued by China after the release of financial technology development plan (2019-2021) in August 2019. The first round of planning established the basic framework of China’s financial science and technology development and started the work of “column and beam erection”. The second round of planning is committed to promoting China’s financial science and technology from “column and beam erection” to a new stage of “accumulation and potential”.
In 2021, effective investment will be made to expand high-tech industries, which will play an obvious leading role
The reporter of economic information daily learned from the National Bureau of statistics on January 18 that in 2021, effective investment will expand and the structure will continue to be optimized. Among them, the investment in high-tech industry plays an obvious leading role. The growth rate of investment is 12.2 percentage points higher than that of all investment, driving the growth of all investment by 1.2 percentage points; Investment in the field of people’s livelihood short board continued to increase, with investment in health increasing by 24.5% and investment in education increasing by 11.7%.
