January 26th (Wednesday), the main contents of today’s headlines are:
China Securities Journal
CBRC: setting up “traffic lights” for capital in the financial field
According to the CBRC on January 25, the recently held working meeting of the CBRC in 2022 stressed that it would fully support the stabilization of the macro-economic market and reasonably increase the financing supply. We will handle risks in the financial sector in a prudent manner, and implement policies to promote the virtuous cycle and healthy development of the real estate industry. Resolutely prevent the disorderly expansion of capital in the financial field and set up “traffic lights” for capital in the financial field; Strengthen the penetrating supervision of shareholders and strictly prevent bank insurance funds from being used for blind “leverage”.
New year’s opening of a new bureau new plan for listed companies to put into operation
Recently, a number of listed companies have released various business information through public channels such as interactive platforms, especially the production capacity plan for the new year, which has “revealed” the business profile of the new year for investors. During the question and answer period, key information such as the industry of listed companies, order reserves, competition pattern and potential space also surfaced one by one. China Securities News reporter found that in the new year, leading companies in booming industries continue to promote the landing of new production capacity, with a compact and powerful pace of development.
Fund managers’ layout ideas expose “consumption” and “new energy” as key words
The disclosure of regular reports of public funds is not only the source of market tracking fund managers’ investment ideas, but also an important window for fund managers to communicate with investors. More and more fund managers began to pay attention to the “fund manager report” column in the fund regular report, and some fund managers changed from “a few words” to “a thousand words”. With the disclosure of the fourth quarter report of public funds in 2021, the contents released by many fund managers are “distracted”.
The Ministry of finance will implement greater combined tax cuts and fee reductions
Xu Hongcai, Vice Minister of finance, said at the press conference of the state information office on January 25 that in 2022, new and greater combined tax and fee reductions will be implemented mainly from four aspects. In 2021, the fiscal revenue will be exceeded, which will provide financial support for maintaining the expenditure intensity this year and promoting the sinking of financial resources. In addition, the Ministry of finance will make good use of local government bonds to ensure the construction of key projects.
Shanghai Securities News
Expert: the policy and capital of A-Shares are supported, and it is not appropriate to overreact to the market decline
A shares fell sharply again yesterday, and the trading was relatively depressed. The three major indexes opened low and went low, with a decline of more than 2%. The Shanghai index closed below 3500 points. In this regard, market experts believe that it is not appropriate to overreact to the decline of the stock market. At present, A-Shares have relatively solid support in terms of policy and capital. The trend of “steady growth” of the economy is clear, and the market in spring is still worth looking forward to. Many institutions also expect that the “market bottom” is gradually approaching.
The CBRC has made clear the focus of its work in 2022, fully supported the stabilization of the macro-economic market, and resolutely prevented the disorderly expansion of capital in the financial field
The 2022 CBRC working meeting was held by video on the afternoon of January 24. The meeting pointed out that it is of great significance to do a good job of supervision in 2022 and ensure the stability of the overall economic and financial situation. The meeting required that the CBRC system should continue to improve the quality and efficiency of financial services to the real economy, effectively improve the forward-looking effectiveness of supervision, resolutely hold the bottom line of no systemic financial risks, further promote the reform and opening-up of the banking and insurance industry, accelerate the digital transformation of the financial industry, and strive to promote the high-quality development of economy and society.
What story will the virtual world tell from the high-rise city metauniverse?
What is the urban meta universe? Using digital twin and other technologies to create an extension of the real city in the virtual space, or become a new public space for citizens. Market participants believe that it will essentially be a round of large-scale new infrastructure, which is inseparable from the continuous implementation of favorable policies.
Multi factor resonance caused A-share slump, and institutions are optimistic. It is expected that the bottom of sentiment will first approach the bottom of the market
On the disk, the market trading was relatively sluggish, with a total turnover of 936.8 billion yuan in Shanghai and Shenzhen, less than 1 trillion yuan for the third consecutive trading day. This is in contrast to the V-shaped trend of U.S. stocks falling first and then rising overnight, the mild decline in the Asia Pacific market yesterday and the collective high opening of European stock markets.
securities times
External impact A-share callback institutions said that the recovery of risk appetite could be expected
Some institutional people interviewed by the securities times believe that the short-term peripheral market has become the most important factor disturbing a shares. Whether it is the Fed’s interest rate hike or geopolitical fluctuations, they have had an impact on market sentiment. However, many institutions believe that many stocks have entered the range of matching performance and valuation, and the cost performance has gradually appeared. Moreover, the government still has many tools to stabilize growth, so there is no need to panic about the current position.
All localities actively plan measures to promote consumption and stimulate the vitality of “buying”
In 2021, the total retail sales of social consumer goods in China exceeded 44 trillion yuan. Consumption is still the “ballast” of the economy. Restoring and cultivating consumption is an important part of steady growth. According to the statistics of the reporter of the securities times, in 2021, most parts of the country completed the set goals set at the beginning of last year. Among them, the zero growth rate of social security in 13 provinces, autonomous regions and cities was higher than the national growth rate of 12.5%, and China’s consumption recovered steadily. At the same time, as of January 25, a total of 20 provinces, autonomous regions and cities across the country have announced the growth target of total social zero in 2022. Compared with the previous year, most of them are flat or down, reflecting local cautious expectations.
CBRC: strengthen financial antitrust and unfair competition, and orderly promote the disposal of high-risk financial institutions
The 2022 CBRC working meeting was held on the afternoon of January 24. The meeting summarized the banking and insurance supervision work in 2021, analyzed and studied the situation, and deployed the key tasks in 2022. The meeting pointed out that it is of great significance to do a good job of supervision in 2022 and ensure the stability of the overall economic and financial situation. We should continue to improve the quality and efficiency of financial services to the real economy, effectively improve the forward-looking effectiveness of supervision, firmly hold the bottom line of no systemic financial risks, further promote the reform and opening up of the banking and insurance industry, accelerate the digital transformation of the financial industry, and strive to promote high-quality economic and social development.
Individual stocks rose sharply and fell continuously, and the capital difference reflects the market myth
At the beginning of 2022, the market focus has shifted downward as a whole, but the performance of some highly concerned stocks is different. On the one hand, Andon Health Co.Ltd(002432) made rapid progress, with the largest increase of more than 14 times in recent three months. The optimistic performance expectation behind it is being fulfilled, and the profit in the fourth quarter of last year exceeded the sum of the previous 15 years; On the other hand, some institutions have suffered heavy losses, and Changchun High And New Technology Industries (Group) Inc(000661) has been sold by institutions, entering a “negative feedback cycle”.
Securities Daily
Major projects in many places were started intensively, with a total investment of more than 4.2 trillion yuan during the year
In order to promote the stable growth of local economy, a number of major projects have been started in many places since this year. According to combing, as of January 25, 5608 major projects had been started in various regions, with a total investment of 4215.03 billion yuan.
The capital market needs to further promote the coordinated development of investment and financing
Since the beginning of January, “local two sessions” have been held one after another.
As of January 25, 30 provinces have issued government work reports. Judging from the setting of economic growth targets in 2022, the GDP growth targets of all regions are set at more than 5.0%, and the determination to stabilize growth is strong.
The performance of 94 lithium battery concept stocks in 2021 is expected to be happy. The upstream enterprises of the industrial chain are busy “grabbing mines” and the downstream enterprises are busy expanding production
As of the closing on January 25, a total of 100 lithium battery concept listed companies have issued performance forecasts for 2021, with 94 performance forecasts. On January 25, Ganfeng lithium, a lithium battery giant, released a performance forecast, saying that the annual net profit is expected to be 4.8 billion yuan to 5.5 billion yuan, a year-on-year increase of 368.45% to 436.76%, and the annual net profit after deduction of non-profit is expected to be 2.9 billion yuan to 3.6 billion yuan, a year-on-year increase of 621% to 795.04%.
Re investigation of Listed Companies in institutional research: 244 research forms and the “fuzzy zone” of letter pHi in 24 samples
A person close to the regulator told the reporter of Securities Daily that the listed company disclosed the performance change trend or specific performance reference to the research institution before the announcement, which is suspected of violating the information disclosure rules or “playing a marginal ball”.
people’s daily
The business development of the 14th five year plan has made a good start, and the consumption scale of foreign trade and foreign capital has reached a new high
At present, China has become the second largest commodity consumption market in the world, with the total volume of goods trade ranking first in the world for five consecutive years, the absorption of foreign investment ranking second in the world, foreign investment ranking first in the world, the establishment of 21 pilot free trade zones, the promotion of the construction of Hainan free trade port, and the signing of the world’s largest free trade agreement – the regional comprehensive economic partnership agreement (RCEP), New breakthroughs have been made in business development. On January 25, the State Information Office held a press conference to introduce the business operation in 2021.
21st Century Business Herald
“Speed up and expansion” of centralized mining in 2022: the seventh batch of national procurement with volume was launched
On January 10, the executive meeting of the State Council opened the curtain of “speed-up and expansion” of centralized procurement of drugs and high-value medical consumables. Subsequently, from national mining to local volume procurement, there is no doubt that “speed-up and expansion” has become the key word of volume procurement in 2022.
A shares follow the major adjustment of European and American markets, and the window period of reverse investment comes?
Industry insiders generally believe that the sharp adjustment of A-Shares on January 25 was mainly due to the emergence of global liquidity concerns, the upcoming Federal Reserve meeting, and the expectation of raising interest rates / shrinking tables continued to rise. Superimposed on the recent situation in Russia and Ukraine, the overseas market made a significant adjustment, which suppressed the confidence of A-share market to a certain extent.
first finance
Behind the country’s fiscal surplus of 480 billion: steady economic recovery to supplement this year’s “ammunition”
On January 25, Vice Minister of Finance Xu Hongcai introduced the national fiscal revenue and expenditure in 2021 at the press conference of the state information office. Last year, the national general public budget revenue exceeded the threshold of 20 trillion yuan for the first time, reaching 20.25 trillion yuan, an increase of 10.7% over the previous year, and there was a certain excess. In the whole year, the national general public budget expenditure was 24.63 trillion yuan, an increase of 0.3%.
The financing balance has fallen sharply in the past week. Among the 30 billion stocks, who is preferred and who is abandoned?
The balance of two financial institutions in Shanghai and Shenzhen began to decrease continuously since January 18, and fell to less than 1.8 trillion yuan on January 20. As of January 24, the balance of margin trading in Shanghai and Shenzhen stock markets was 1.78 trillion yuan. In the past week, among the 31 primary industries of Shenwan (version 2021), only one industry of beauty care had a positive net purchase amount of financing, which obtained a preference for leveraged funds, while five industries were net sold by securities lending.
economic reference daily
Before the holiday, funds were cautious, and the medium and long-term upward trend of A-Shares remained unchanged
Since December last year, the continuous shock and adjustment of the A-share market has made many investors “at a loss”. On January 25, the main A-share index ushered in an obvious correction, and the gem index fell below the 3000 point mark. Industry insiders pointed out that concerns about overseas risks and some expectations of the market for the growth pressure of the real economy jointly contributed to the cautious pre holiday funds.
The national carbon market will be expanded and upgraded by 100 billion, and the scale can be expected
As an important policy tool to promote China’s carbon peak and carbon neutralization goals, the national carbon emission trading market is expected to achieve capacity expansion and upgrading and a new round of scale growth. Judging from the current progress, the two industries of building materials and nonferrous metals may become the second batch of industries included in the national carbon market, while the preparation work related to the petrochemical and chemical industries is also accelerating, and about 2300 petrochemical and chemical enterprises meet the inclusion conditions. The industry expects that according to the current carbon price level, the cumulative trading volume of the national carbon market is expected to reach 100 billion yuan by 2030.
