On March 15th (Friday), the main contents of today's newspaper headlines are as follows:
|Media name||Headline headlines|
|China Securities Journal||Sword refers to the three major challenges, alleviating financing difficulties, financing, and coordinating efforts|
|Shanghai Securities News||New economic momentum can shape China's new development advantages|
|Securities Times||Securities Times front page comment: Standardizing off-exchange funds is intended to stabilize and develop the market|
|Securities daily||5 proposals propose amendments to the Securities Law to be submitted to the relevant committees of the National People's Congress for consideration|
|People's daily||Go up and down again and start again|
|Economic reference||Reforms in several key areas will be a breakthrough in the reform of state-owned enterprises, reform of value-added tax, etc.|
|21st Century Business Herald||Capital market reform must be preceded by the rule of law and marketization|
China Securities Journal (Zone)
How do state-owned large commercial banks achieve the goal of increasing the loan of small and micro enterprises by more than 30%, how to optimize the regulatory indicators, and how to solve the grassrootsCreditThe problem of "not dare to lend"... During the two sessions, the financing of private enterprises and small and micro enterprises was eased, and financing was a hot topic. Representatives made suggestions and suggestions, and the supervision departments acted frequently. The industry believes that to achieve private enterprise, small and micro enterprise financing expansion incremental price reduction, we can coordinate efforts to eliminate information barriers, improve due diligence requirements, optimize regulatory indicators, and optimize policy measures.
Since 2019, A shares have been implemented by 458 companies.RepoThe plan, the size of 49 billion yuan is more than 8 times higher than the same period in 2018. In addition, 205 companies have issued 220 repurchase plans this year, and the proposed repurchase amount exceeds 60 billion yuan, an increase of more than 4 times compared with the same period last year. Insiders pointed out that in the context of market recovery and reduction of industrial capital, many high-quality companies have launched large-scale repurchase to release positive signals to the market. Investors should effectively judge the company's fundamentals and use the value center as an investment indicator.
At present, the company's sprinter board has entered a critical stage, and some listed companies have heard news of their high-quality business landing on the board. Analysts believe that listed companies occupy the "highland" of R&D resources of domestic enterprises, and there is a large space for the listing of high-quality subsidiaries. However, there are few cases of listing of A-share sub-subsidiaries, and the related system construction after the opening of the board Market attention.
Recently, from e-commerce andfund companyI have learned that some e-commerce and third-party sales organizations are working with the upcoming Kechuang board.fundCompany communication to understand the science and technology boardHit newProducts, such as the new weapon "playing new treasure" and other products are brewing.
Shanghai Securities News (Zone)
When the economic aggregate jumps to a new level of 90 trillion yuan, how can the "China" economic giants be more motivated and move forward steadily? With "smart +" empowering manufacturing transformation and upgrading, promoting the accelerated development of emerging industries, and upgrading the ability of science and technology... This year's government work report a series of policy arrangements to draw up the "construction map" of the new kinetic energy of the economy, condensing the new driving force .
In recent years, financial supervision has shifted from decentralization to coordination, from micro-prudential to macro-prudential and micro-prudential, and financial institutions are gradually adapting to a more complete regulatory framework. As a financial veteran, member of the National Committee of the Chinese People's Political Consultative Conference, Chinaimport and exportBank Party Secretary and Chairman Hu Xiaolian have a unique understanding of the industry development.
The reform of state-owned enterprises in Shanghai has reached a new threshold. On March 14, 2019, Shanghai State-owned State-owned Enterprises Working Conference was held. The meeting demanded that Shanghai state-owned state-owned enterprises should firmly grasp the opportunity of comprehensive reform, accelerate the reform and opening up, and make every effort to build a demonstration zone for Shanghai's state-owned assets reform and a group of state-owned enterprise reforms.
Just this spring, the Chinese economy has revealed "warmness." The latest data shows that in the first two months, consumption growth was stable, driven by the rebound in infrastructure and real estate investment.Fixed asset investmentThe growth rate has steadily increased. Analysts pointed out that in the future, consumption is expected to grow steadily, and investment will continue to stabilize and rebound, and the overall stable economic trend will continue.
Securities Times (Zone)
Recent regulatory pairsBrokerThe risk of fund-raising is to prevent potential risks and make the market run healthier. In fact, the current market's leverage ratio is not high. The amount of funds invested through OTC funds is far less than when the stock market fluctuates abnormally in 2015. Investors need not be overly panic.
According to the notice issued by the Shanghai Stock Exchange on the sponsor institution, the application of the investment bank to the science and technology board project will be formally accepted on March 18, which means that the board has officially started. According to the time regulations recommended by the relevant process, the acceptance review period is 3 months. That is to say, the first batch of time to pass the audit will appear in mid-June. If the CSRC's listing approval is issued quickly, there will be a stock of Kochuang board in the first half of the year.
A few days ago, 50ETFFor the first time, the number of options positions exceeded 3 million mark, and the record high for five consecutive trading days triggered high market attention. It is reported that the speculative atmosphere of the 50 ETF purchase of the March 3000 contract becameMain forceContract, the contract is a deep imaginary call contract, the so-called virtual value contract, that is, there is no intrinsic value, only time value. At present, there are only 9 trading days from the expiration date of the March option, and its time value is also facing the risk of accelerated decay, which means that the 371,800 positions and the premiums of more than 25 million yuan are all zero.
Recently, the chairman of Renzhi Co., Ltd. “violation of ticket issue” incident caused concern and caused a series of chain reactions. Some bank accounts of the company were investigated,PerformanceThe loss has increased tenfold and the directors have abstained from voting. The reporter found that the multi-party relationship behind the incident is still a puzzle, but the company said that the parties are "in coordination."
Securities Daily (Zone)
On the evening of March 14, the "Securities Daily" reporter learned from the press conference of the Second Session of the 13th National People's Congress that as of the stipulated time, during the second session of the 13th National People's Congress, a total of 491 proposals were awarded at least 30 NPC deputies. The Department will submit these proposals to the relevant special committees of the National People's Congress for deliberation. After deliberation, they will submit a report on the results of the deliberation to the Standing Committee of the National People's Congress.
Recently, the Governor of the People's Bank of China and the deputy secretary of the Party Committee, Mr. Yi Gang, presided over the second centralized study meeting of the Party Committee of the People's Bank of China and the Party Group Theory Learning Center of the Foreign Exchange Bureau in 2019. The meeting pointed out that it is necessary to focus on the "grey rhinoceros" risk in key areas, but also to prevent the risk of abnormal fluctuations in the financial market.
In the financial assistance technology innovation, the capital market provides a broad platform. The science and technology board that is being launched is the mutual promotion of technological innovation and finance. On the one hand, technological innovation has a large demand for funds, a long cycle, and uncertainties. Microfinance and short-term financing cannot meet demand. On the other hand, many innovative growth companies cannot be listed on the mainland due to mechanisms and other reasons. People cannot fully share the dividend of economic growth. The emergence of the science and technology board makes the shortcomings of finance and technology complement each other, and promotes the integration of technology and capital, which will bring new bright spots to the capital market.
*ST Changsheng, who was deeply mired in the market due to the vaccination of the vaccine, is one step closer to the market. End of the 30-day delisting risk warning transaction, March 6, 2019 *ST ChangshengSuspensionWaiting for the Shenzhen Stock Exchange to make a decision on whether to suspend the listing. On the 8th day of suspension, on the evening of March 13, *ST Changsheng releasedannouncementIt said that the company received the decision on the suspension of listing of Changsheng Biotechnology Co., Ltd. issued by the Shenzhen Stock Exchange on the same day. The company's stock will be suspended from March 15, 2019.
After 6 times, he went deep into the CPPCC group and listened to 48 representatives from all sides. He focused on major contradictions, grasped the core links, focused on highlighting shortcomings, and planned key tasks. In the past few days, General Secretary of the CPC Central Committee, President of the State, and Chairman of the Central Military Commission Xi Jinping have participated in extensive and in-depth exchanges with the representatives of the National Committees of the 2019 National Congress. They have closely built the main line of building a well-off society in an all-round way and discussed the finals of the decisive battle.
"Reform" became the high-frequency word of the two sessions this year. During the two sessions, the heads of several ministries revealed the plan for the next step of reform. Under the main line of supply-side structural reform, this year's reforms in key areas will usher in a new breakthrough. Specifically, the reform of state-owned enterprises in mixed ownership, deepening the reform of value-added tax, and reforming the oil and gas sector will become a point of view. Representatives and industry experts said that more reform dividends will be released.
During the two sessions of the country, a series of people's livelihood tasks received social attention. These tasks have a clear timetable and road map in government work reports, budget reports, and the press conferences of the two conferences and the “Ministerial Channel” of the Great Hall of the People.
21st Century Business Herald
Recently, A shares have some shocks, especiallyGEMIt fell to around 6% in two days. Earlier, it was reported that the regulatory authorities required to check the risk of fund-raising of securities companies, avoid repeating the mistakes of the stock market in 2015, and prevent the "mad cows" that were blown up by leveraged funds. It should be said that the risk of matching funds is to maintain the healthy operation of the market, rather than letting part of the speculative capital to make a sharp rise and fall in the short term, and undermine the long-term stability of the market.
On March 14, the National Bureau of Statistics released the national real estate development investment and sales in January and December 2019. Data show that in January-February, the national commercial housing sales area was 142.02 million square meters, down 3.6% year-on-year; commercial housing sales were 1,280.3 billion yuan, up 2.8%, both hit a new low since June 2015. Some analysts pointed out that the property market bid farewell to the 43-month long-term bull market, real estate entered a new cycle.