January 20th (Thursday), the main contents of today’s headlines are:
China Securities Journal
The new LPR is expected to be lowered and monetary policy regulation will be further strengthened
After the interest rate cut, the new loan market quotation rate (LPR) was released on the 20th. Industry insiders said that LPR following and falling is a high probability event. LPR will timely and fully reflect the changes of market interest rates and effectively promote the reduction of comprehensive financing costs of enterprises. The subsequent stabilization of economic growth requires further efforts in monetary policy regulation, and the RRR reduction in the first quarter is still expected.
SASAC: steadily promote the restructuring and integration of steel and other fields
On January 19, Peng Huagang, secretary general and spokesman of the state owned assets supervision and Administration Commission of the State Council, said that this year, we will solidly promote the reorganization, formation and professional integration of central enterprises. Steadily promote the restructuring and integration of iron and steel and other fields, and timely study and establish new central enterprise groups in relevant fields. Actively promote the professional integration of grain reserve processing, ports and wharfs.
A-share style switching continued to deduce the main line of steady growth, and gradually became a consensus
Since 2022, the style switching of A-share market has continued. On January 19, the main stock indexes of A-Shares fell collectively. From the perspective of the industry, building materials and other sectors benefiting from the steady growth policy bucked the trend, while the high boom track represented by new energy and national defense and military industry continued the callback trend.
5g mobile phone has a strong development momentum, and the opportunity of folding screen industry chain is expected
On January 19, canalys, a research institution, released a report that driven by the strong demand for iphone13, Apple’s smartphone shipments accounted for 22% of the global market in the fourth quarter of 2021, returning to the top of the global smartphone market after three quarters. Due to the repeated disturbance of the supply chain by the epidemic, the global smartphone shipment increased by only 1% in the fourth quarter of 2021.
Shanghai Securities Journal
Nine departments jointly issued documents to promote the standardized, healthy and sustainable development of the platform economy, and strictly regulate the investment and shareholding of platform enterprises in financial institutions
Nine departments including the national development and Reform Commission recently jointly issued several opinions on promoting the standardized, healthy and sustainable development of the platform economy. There are 6 major items and 19 articles in the opinions, which clearly put forward measures to strengthen supervision in the financial field, explore data and algorithm security supervision, etc.
Strive to be the first, and the senior executives of securities companies talk about the roadmap of comprehensive registration system
“It’s a road map and a mission statement”. Many leaders of the securities industry responded strongly to the just concluded 2022 system work meeting of the CSRC. In their view, the meeting made it clear that we should take the full implementation of the stock issuance registration system as the main line, deeply promote the reform of the capital market, and deploy key tasks. As an important member of capital market construction, securities companies feel that their mission is on their shoulders.
The total investment of 3 trillion yuan in the power industry has gradually spread to ultra-high voltage, distribution network and other fields, exceeding expectations
At the end of last year, the two major power grid enterprises successively announced the planned investment in power grid during the 14th five year plan, with a total of nearly 3 trillion yuan. With the arrival of 2022, relevant investments will gradually spread out. The reporter of Shanghai Securities News learned that the State Grid Co., Ltd. (hereinafter referred to as “State Grid”) has determined to invest 501.2 billion yuan in power grid investment this year. UHV projects, distribution network and further improving the digital level of power grid will become the focus of power grid enterprises and related power equipment enterprises.
SASAC: the benefit growth of central enterprises will reach the best level in history in 2021
Efficiency growth reached the best level in history, major scientific and technological innovation and major projects achieved fruitful results, and 70% of the objectives and tasks of the three-year action of state-owned enterprise reform were successfully completed… In the opening year of the 14th five year plan, central enterprises handed over a bright report card.
securities times
The nine departments jointly issued several opinions on promoting the standardized, healthy and sustainable development of the platform economy. The financial business in the platform economy field must be licensed and included in the supervision
On January 19, the national development and Reform Commission, the central bank and other nine departments jointly issued several opinions on promoting the standardized, healthy and sustainable development of the platform economy (hereinafter referred to as the opinions), and put forward 16 detailed rules from five aspects: perfecting the rules and systems, improving the regulatory capacity and level, optimizing the development environment, enhancing the ability of innovation and development, and enabling the transformation and development of the economy. The opinions put forward that we should improve the regulatory rule system in the financial field, adhere to the full integration of financial activities into financial supervision, and financial businesses must be licensed.
Private placement classification regulation has entered a new stage, and rewarding the good and punishing the bad is still the main tone
Recently, the regulators required to steadily promote the risk classification and rectification of private equity funds, deeply carry out the rectification of “pseudo private placement” and “pseudo Gold Exchange”, strengthen division of labor and cooperation, and eliminate the regulatory vacuum. The classified regulation of private fund industry will enter a new stage.
The CSRC will comprehensively promote the supervision of the registration system and accelerate the pace of transformation
Under the full implementation of the stock issuance registration system, the regulatory transformation is imperative. The 2022 system work conference recently held by the CSRC pointed out that it is necessary to deepen the combination of decentralization and regulation, accelerate the regulatory transformation, and adapt to the profound changes brought about by major reforms such as the registration system.
SASAC: the establishment of new central enterprises will be studied in due time this year
“This year, we will combine the implementation of the relevant requirements of the opinions on promoting the layout optimization and structural adjustment of the state-owned economy in the new era with the three-year action of implementing the reform of state-owned enterprises, take marketization as the principle, comply with laws and regulations, and actively and steadily guide central enterprises to do a good job in restructuring.” Peng Huagang, Secretary General of the state owned assets supervision and Administration Commission of the State Council and spokesman, said at a press conference of the state information office on January 19. Peng Huagang said that in 2022, we will pay more attention to the top-level design, professional integration and industrial layout adjustment.
Securities Daily
Hard science and technology to build the foundation of a manufacturing power “little giant” accelerated to a
On January 18, Nanjing Hujiang composite materials Co., Ltd. (hereinafter referred to as “Hujiang materials”) was listed on the Beijing stock exchange, and a “specialized and new” small giant enterprise was added to the A-share market. It is reported that in 2020, Hujiang materials was rated as a national specialized and new “little giant” by the Ministry of industry and information technology.
Disclosure requirements of the annual report of the 2021 edition of the science and Innovation Board: highlight the attributes of science and innovation and enhance the pertinence of “special enterprises”
The reporter of Securities Daily learned from a company on the science and innovation board that the Shanghai Stock Exchange issued the notice on doing a good job in the disclosure of the 2021 annual report of listed companies on the science and Innovation Board (hereinafter referred to as the annual report work notice) to the listed companies on the science and innovation board through the internal system, clarifying the work requirements and key matters of the annual report. According to insiders, the Shanghai Stock Exchange has also updated and upgraded the annual report preparation temsector in the announcement preparation software. The key points of modification are consistent with the spirit of the annual report work notice, which provides a specific basis for listed companies to prepare annual reports, making the preparation process smoother and better use experience.
Standardizing platform economic development means that enterprises take shares in financial institutions
On January 19, the national development and Reform Commission, the State Administration of market supervision and other nine departments jointly issued several opinions on promoting the standardized, healthy and sustainable development of platform economy (hereinafter referred to as the opinions), proposing to strengthen the supervision in the financial field and strictly regulate the investment of platform enterprises in financial institutions and local financial organizations.
Data black market trading bottomed out: experts estimated that the market scale exceeded 150 billion yuan. “Material Merchants” said that “all demands can be climbed”
In an interview with the Securities Daily, industry experts estimated that the market scale of China’s data black market trading has exceeded 150 billion yuan. The value of data in the black market and how to circulate and operate… The reporter of Securities Daily opened a corner of the data black market industrial chain through in-depth investigation for many days.
21st Century Business Herald
Who spent the first batch of carbon emission reduction support tools of the central bank? Large state-owned banks have disclosed their capital
The central bank’s carbon emission reduction support tool can be called a major event in the field of green finance in 2021, and the landing of its first batch of funds has attracted the attention of the industry. At the beginning of 2022, large state-owned banks successively disclosed the funds obtained from the first batch of carbon emission reduction support tools of the central bank. Recently, according to media reports, Agricultural Bank Of China Limited(601288) received the first batch of carbon emission reduction support tools from the Central Bank of RMB 11.368 billion and the National Development Bank of China received RMB 10.267 billion. The special funds obtained by the two banks have been distributed to projects in the field of carbon emission reduction.
The wave of “new economy” detonates asset investment: the commercial office market in first tier cities recovers and regional differentiation
The “new economy” and alternative investment are promoting the recovery and warming of the commercial real estate market in China’s first tier cities. After the adjustment period of the commercial office market in the first tier cities, an inflection point begins to appear in 2021 and continues to heat up. In 2021, the total amount of commercial real estate transactions in China reached RMB 225.3 billion, of which logistics and life science projects occupied an important position in the wish list of institutional investors. The most recent case is that Cade group, which has always focused on commercial real estate investment, acquired the logistics real estate asset package with RMB 1.7 billion at the end of 2021.
first finance
Nine departments jointly issued documents to standardize the platform economy and radiate a number of “difficult and miscellaneous diseases” in the Internet industry
With the introduction of documents to guide and standardize the economic development of the platform, the platform economic supervision system is gradually established. On January 19, the national development and Reform Commission, the State Administration of market supervision, the central network information office, the Ministry of industry and information technology, the Ministry of human resources and social security, the Ministry of agriculture and rural areas, the Ministry of Commerce, the people’s Bank of China and the State Administration of Taxation jointly issued several opinions on promoting the standardized, healthy and sustainable development of platform economy (hereinafter referred to as the opinions).
The profits of central enterprises reached the best level in history, and there were new trends in the year when the three-year action ended
In 2021, the “report card” of central enterprises was released, and the operating revenue and net profit reached 36.3 trillion yuan and 1.8 trillion yuan respectively. The objectives set at the beginning of the year were fully completed, and the benefit growth of central enterprises reached the best level in history.
economic reference daily
The national standing committee plans to strengthen the guarantee of coal, electricity, oil and gas transportation and market supply
Premier Li Keqiang presided over the executive meeting of the State Council on January 19 and deployed to further strengthen the guarantee of coal, electricity, oil and gas transportation and market supply in the next stage, especially during the Spring Festival; It is decided to continue the tax reduction and fee reduction policy that partially expires to support the rescue and development of enterprises.
SASAC studies the establishment of new central enterprises and delineates three areas of integration
“The economies of scale have increased significantly, and the business performance has reached the best level in history.” Peng Huagang, Secretary General of the state owned assets supervision and Administration Commission of the State Council and spokesman, unveiled the economic operation report card of central enterprises in 2021 at the press conference of the state information office on January 19: the operating revenue was 36.3 trillion yuan and the net profit was 1.8 trillion yuan, with a year-on-year increase of 19.5% and 29.8% respectively The overall labor productivity and asset liability ratio have also successfully achieved the expected goals.
