Summary:
Asset performance and capital changes:
The top five prices of Chinese commodities: dynamic coal 5.04%, iron ore 3.42%, coke 2.11%, coking coal 2.04%, hot coil 1.43%; Shanghai nickel - 5.90%, Shanghai tin - 3.74%, stainless steel - 3.65%, ethylene glycol - 2.55%, ferrosilicon - 2.34%
The top 500 million yuan of precipitation capital inflow and outflow: iron ore 4.01, corn 0.96, soda ash 0.74, Zheng Mian 0.54 and rapeseed meal 0.41; Shanghai nickel -9.49, Shanghai copper -4.88, Shanghai tin -4.80, thread -3.12, crude oil -2.77
Inflow and outflow of precipitation funds from the sector (100 million yuan): nonferrous metals -0.62, black building materials -0.93, precious metals -2.99, Shenzhen Agricultural Products Group Co.Ltd(000061) - 5.98, energy and chemical industry -11.66
Important news and economic data:
In 2021, the national general public budget revenue was 20.25 trillion yuan, an increase of 10.7% over the previous year and 6.4% over 2019. The revenue budget was completed. The general public budget expenditure was 24.63 trillion yuan, a year-on-year increase of 0.3%.
The Ministry of Finance said that in 2022, new and greater combined tax cuts and fees will be implemented according to the needs of market subjects. This will play an important role in boosting the confidence of market players, stabilizing market expectations, expanding effective investment, stimulating terminal consumption and promoting steady and healthy economic development.
The China Banking and Insurance Regulatory Commission held a working meeting in 2022, which required that we should persevere in preventing and resolving financial risks. We will continue to improve the long-term real estate mechanism of "stabilizing land prices, house prices and expectations", and implement policies to promote the virtuous cycle and healthy development of the real estate industry. We should resolutely prevent the disorderly expansion of capital in the financial field and set up "traffic lights" for capital in the financial field.
In its latest global economic outlook report, the IMF lowered its global economic growth forecast for 2022 by 0.5 percentage points to 4.4%, and comprehensively lowered the growth forecast of major economies this year.
Risk tip: turbulence in overseas stock markets and monetary tightening by the Federal Reserve
