1. China Government Network: Premier Li Keqiang visited the construction site of the Lalin section of the Sichuan-Tibet Railway in Shannan City, Tibet Autonomous Region on July 26. He said that China's current development is unbalanced and infrastructure construction in the central and western regions lags behind.Accelerate the construction of infrastructure in the central and western regions by expanding effective investment,Gradually narrow the development gap in the eastern, central and western regions.
2. Shanghai Securities NewsThe first meeting of the State Council's State-owned Enterprise Reform Leading Group was held in Beijing on July 26. Liu He, member of the Political Bureau of the CPC Central Committee, vice premier of the State Council, and leader of the State Council's State-owned Enterprise Reform Leading Group, presided over the meeting and delivered a speech. Some senior state-owned enterprise reform researchers believe that the adjustment of the state-owned enterprise reform leading group means that the reform of state-owned enterprises will start again, and the reform of state-owned enterprises will be vigorously promoted in the future, especially in the market-oriented reform and restructuring of state-owned enterprises, which is expected to be significantly strengthened. Li Jin, chief researcher of China Enterprise Research Institute, said that the meeting delivered four highlights: First, “strategic classification actively and steadily promote mixed ownership reform”; second, “guide enterprises to develop long-term planning and define the main business”; It is "strengthening basic theoretical research"; the fourth is to promote information disclosure to create "sunshine central enterprises."
3. Ministry of Finance: Adhere to the general tone of steady progress,Adhere to the strong stimulus of “big water flooding”, focusing on tax reduction and fee reduction,Focusing on supporting the development of small and medium-sized enterprises, promoting entrepreneurial innovation, and stabilizing employment, we will make precise measures, improve efficiency, strengthen departmental collaboration, strengthen policy coordination, and better support the development of the real economy. Further tax cuts.
4. Securities Times: verified from multiple sources,Some central bank branches are already implementing the requirements for adjusting some MPA parameters.Promote banks to increase credit supply by appropriately relaxing assessment requirements. The indicator of relaxation is mainly to reduce the partial parameters of the capital adequacy assessment to a certain extent.
5. Securities TimesThe "new e-commerce first stock" officially landed on Nasdaq on Thursday, eventually closing up 40.53%, reported 26.7 US dollars, the market value reached 29.6 billion US dollars, its issue price is 19 US dollars / ADS.
6, US stocks:Facebook's earnings report yesterday showed that its quarterly revenue failed to meet expectations, and the number of people living in the day was not good, resulting in a stock price plunging nearly 20% on Thursday, and the market value evaporated more than 100 billion US dollars, dragging down the Nasdaq and the S&P 500 index.
7. General Administration of Market Supervision:The General Administration of Markets will report the results of the assessment to Qualcomm and expect to continue to communicate with Qualcomm and find suitable solutions to the problem within the review period. The deadline for further review of this concentration is August 15, 2018, and the deadline for the extension of the further review phase is October 14, 2018. The General Administration of Market Supervision noted that Qualcomm and NXP had decided to abandon the transaction due to the expiration of the agreed time limit between the parties. The General Directorate of Market Supervision respects the choice of both parties to the transaction.
Chinese government networkThe first meeting of the State Council's State-owned Enterprise Reform Leading Group was held in Beijing on July 26. The conference research and deployment focused on the recent key tasks of state-owned enterprise reform. The meeting stressed that we must do a good job in guiding the overall reform of state-owned enterprises.Guide enterprises to develop long-term plans, define the main business, and improve their core competitiveness.
Ministry of Commerce: Since 2002,China has signed 16 free trade agreements with 24 countries and regions.Free trade partners throughout Asia, Oceania, South America and Europe. At present, there are 13 free trade zone negotiations in progress, including the Regional Economic Partnership Agreement and the China-Japan-Korea FTA.
Shanghai Securities News: Driven by a series of measures to encourage and promote private investment policies,The growth rate of private investment in the first half of the year has rebounded sharply, and the growth rates in Hunan, Shaanxi and Fujian are all above 20%.In addition, the growth of manufacturing investment in various regions has been good, and investment in eco-environment has continued to increase.
Financial Times: Whether it is financial or financial means,"Doing more money" or "more money" is not an end, and "spending money" is the purpose.And "to spend a lot of money", not about the scale, but the output efficiency after the necessary input. It can also be seen from the executive meeting of the State Council that the orientation of the policy is very clear, and the context of stable infrastructure construction, support for small micro, and promotion of technological upgrading is consistent with the logic of previous policies.
Securities TimesAt present, the risk situation in the domestic bond market is generally stable, the default rate is still at a low level, and the defaulting companies have not shown the characteristics of trend and homogeneity. Should see,The increase in default in this round of bond market is a phased phenomenon after the rapid accumulation of debts in the whole society and the deepening of structural reforms on the supply side such as de-leverage.
Central bank:The People's Bank of China said that in order to maintain a reasonable and sufficient liquidity in the banking system, it will not conduct open market operations on July 26; there will be 70 billion yuan of 7-day reverse repurchase due on that day.
Shibor:On July 26, SHIBOR reported 2.3210% overnight, down 2.8 basis points.The 7-day SHIBOR reported 2.600%, down 0.7 basis points. The 3-month SHIBOR reported 3.3630%, down 5.6 basis points.
China Securities NetworkThe Bank's Insurance Regulatory Commission recently issued the "2018 Insurance Organization SARMRA Assessment, Corporate Governance Assessment, and Asset and Liability Management Capability Assessment Work Plan", showing that the assessment teams entered the site to conduct an assessment before July 20.The above three on-site assessments conducted separately in the past will be conducted simultaneously.
transportation DepartmentIn the first half of the year, the economic operation of the transportation industry was generally stable and stable, and the main indicators maintained growth, the transportation structure continued to be optimized, and the quality and efficiency continued to improve. In the commercial passenger transport, railway passenger transport maintained a relatively fast growth, and the passenger traffic volume reached 1.62 billion, an increase of 8% over the same period of last year.Among them, high-speed rail passenger traffic accounts for more than 50%.
Ministry of Ecology and EnvironmentAt present, 14 provinces have released the red line of ecological protection in this administrative region, and Tianjin will be released soon. The Ministry of Ecology and Environment is formulating the “Administrative Measures for Ecological Protection Red Lines” to build a national red line supervision platform for ecological protection.The delineation and implementation of the ecological protection red line will be included in the scope of the central environmental protection inspector.
People's dailyThe website of the State Commission for Discipline Inspection of the Central Commission for Discipline Inspection announced on the 26th the feedback of 16 units of the first round of the 19th Central Committee. The problems of the former State Food and Drug Administration include: insufficient efforts to strictly manage the party, "two responsibilities "The implementation is not in place,The risk of clean and honest in the field of food and drug approval and supervision is large, and the situation of anti-corruption struggle is still severe and complicated.
Ministry of Industry and Information TechnologyRecently, the Department of Consumer Products Industry of the Ministry of Industry and Information Technology, the Department of Industry and Development of the National Development and Reform Commission, the Department of Pharmaceutical Administration of the State Health and Health Commission, and the Department of Pharmacology Supervision of the State Food and Drug Administration, organized a seminar on the construction of a small-scale medicine (short-term medicine) centralized production base in Shanghai.Shanghai Pharmaceutical Group Co., Ltd. 24 key pharmaceutical companies within the United Nations announced the establishment of the country's first drug supply security consortium.
Xinhua News: Vice Chairman of the Standing Committee of the National People's Congress, Ai Lie, Yi Ming Bahai, said at the symposium on the first anniversary of the implementation of the Chinese Medicine Law in Beijing on the 26th,The Standing Committee of the National People's Congress will arrange law enforcement inspections of Chinese medicine law in a timely manner.It is necessary to further deepen the understanding of the important significance of implementing the Chinese medicine law, and pay close attention to the implementation of the Chinese medicine law and the formulation of relevant regulations, policies and measures.
Economic reference: Artificial intelligence is becoming an emerging industry with policy focus. Up to now, there have been 20 provinces and cities such as Beijing, Shanghai, Tianjin, Zhejiang, etc., according to the actual development of the localities, the introduction of artificial intelligence industry policies and measures. The industry believes thatThe central level has attached great importance to the development of artificial intelligence, and has successively introduced a series of artificial intelligence industry development policies.
China Securities Network: China Insurance Industry Association researches and explores new content of industry product self-discipline based on self-discipline mechanisms such as self-discipline self-examination, product research and release of industry products.Plan to sign the form of a self-discipline convention for property insurance industry products,Further enhance the product management compliance of the industry and stimulate the product innovation vitality of the industry.
Development and Reform CommissionSince the beginning of this year, China's e-commerce market has continued to develop rapidly. From January to June, the national online retail sales reached 408 billion yuan, a year-on-year increase of 30.1%.Higher than the growth rate of total retail sales of consumer goods in the same period of 20.7 percentage points.
Stock market focus
Shenzhen Stock ExchangeFrom 2013 to 2017, the accumulated cash dividends of listed companies in Shenzhen City reached RMB 797.729 billion.The cash dividend rate is as high as 34.25%.A stable cash flow situation is a prerequisite for a high percentage of cash dividends of listed companies. The growth of a high proportion of cash dividends reflects the vitality and growth of listed companies.
Securities Times: Entering July, especially since July 10,IPO audits are obviously speeding up,Five IPO audits per week for three consecutive weeks have broken the previous 2-3 IPO audit practices in a single week, and the attendance rate has increased, which is related to the quality of the existing IPO queued companies.
Securities dailyThe data shows that since the beginning of this year, a total of 13 companies in Shanghai and Shenzhen have initiated partial or comprehensive tender offer, a year-on-year increase of 44%. Analysis,At present, the overall valuation of A shares is at a low level, and some stocks are obviously undervalued.The attraction of industrial capital has become more attractive.
China Securities NetworkZhou Liyao, president of China Great Wall Asset Management Co., Ltd., introduced on the 26th that "share reform - warfare - listing" is the established route of Great Wall Assets. He said that in the next step, Great Wall Assets will closely monitor the changes in international and domestic capital markets.Actively seeking the most favorable listing window,Strive to choose the best time, the best place to go, and start the listing plan.
Dragon and Tiger: After-hours data shows that on July 26th,A total of 10 stocks appeared in the organization, with 2 stocks showing net purchases and 8 stocks showing net selling.The two stocks bought by the institution on the same day were Mingde Bio and Jiemei Technology, and the net purchase amount was 5.85 million yuan and 1.2 million yuan respectively.
Shanghai and Shenzhen stock markets:The Shanghai Composite Index swelled weakly on July 26, closing down slightly by 0.74%, falling below the 2900 integer mark and closing at 2882.23 points. The GEM index was weaker, closing down 1.61% to close at 1606.12 points.The total turnover of the two cities was 380.2 billion yuan. The industry sector was mixed, and the low-priced stocks were active.
Hong Kong stocks:Hong Kong's Hang Seng Index closed down 0.5% to 28,781.14 points on July 26.
Shanghai and Shenzhen PortAs of the close of July 26, the net inflow of Shanghai Stock Connect on the same day was 1.113 billion yuan, the balance of the day was 50.887 billion yuan; the net outflow of Shenzhen Stock Connect was 567 million yuan, and the balance of the day was 52.567 billion yuan;The net inflow of northbound funds on the day was 546 million yuan.Hong Kong Stock Connect (Shanghai) net outflow of 566 million yuan on the day, the balance of the day was 42.566 billion yuan; Hong Kong stocks (deep) net outflow of 340 million yuan on the day, the balance of the day was 42.240 billion yuan;Southbound funds had a net outflow of 906 million yuan on the day.
Margin financingAs of July 25, the SSE's financing balance was reported to be 534.357 billion yuan, an increase of 703 million yuan over the previous trading day; the Shenzhen Stock Exchange's financing balance was 351.346 billion yuan, an increase of 392 million yuan over the previous trading day;The two cities totaled 885.703 billion yuan, an increase of 1.095 billion yuan over the previous trading day.
*Jin Ya: Suspected of fraudulent issuance of stocks, the actual controller was criminally detained by the public security organs.
ST longevity: The company and Changchun Changsheng's major bank accounts and fundraising accounts were frozen.
Focus Media: Carry out business cooperation with Ali for no more than 5 billion yuan.
Midea Group: The first repurchase of 500 million company shares.
Vanke A: On July 26, there was a 284 million yuan block trade with a discount of 5.15%.
Public utility: Suspected short-term trading was investigated by the Securities and Futures Commission.
Steyr: For the eighth consecutive day, the daily limit will be suspended from the 27th.
Chengdu Road and Bridge: Continuous daily limit for six days, 27 suspension checks.
Deep China A: The stock price has changed and has not yet been selected to the appropriate restructuring party.
Beautiful year health: Net profit of 170 million yuan in the first half of the year, an increase of about 10 times.
Property market observation
Beijing News:The interest rate of the first home mortgage of some banks in Beijing has increased by 40% based on the benchmark interest rate.There are also some bank outlets in the first home mortgage interest rate up 30%. However, according to the visit, the current mainstream mortgage interest rate is still 10% higher than the benchmark interest rate, and the second-home mortgage interest rate is still 20% higher than the benchmark interest rate.
Shanghai Yiju Real Estate Research InstituteIn the first half of 2018, the cumulative turnover of second-hand houses in 20 cities was about 635,000 sets, down 20% year-on-year, and the decline was narrowed by three percentage points from January to May. In the first half of 2018, although the transaction volume has rebounded from the second half of 2017,But still slightly below the average of the past six years,And significantly lower than the highest level of the current cycle in 2016.
Xinhua NetAt the moment, the regulation of the property market is in the critical period of transition to a long-term mechanism.The house does not live, the military order is like a mountain.Local governments should unswervingly assume the responsibility of regulating the main body, fundamentally adjust their development ideas, and abandon the "drinking thirst" of land finance.
European Central Bank statement: It is expected that interest rates will remain unchanged until at least the end of the summer of 2019. The QE of 30 billion euros per month will continue until September. If future economic data confirms the management's medium-term inflation outlook, the monthly QE scale for October-December will fall to 15 billion euros, and QE will end at the end of December.
United States: June durable goods orders were 1% lower than the initial value, expected 3%. In June, the deducted transport durable goods orders were 0.4% lower than the initial value, which is expected to be 0.5%. In June, the non-defense capital durable goods orders for aircraft were deducted by 0.6% from the initial value, which is expected to be 0.5%.
Goldman: Maintaining the overweight rating of commodities, the return rate is expected to be 10% in the next 12 months. It is believed that the sensitivity of commodity prices to overall risk will be weakened. China's copper demand is expected to increase by 2.1% in 2018. At the end of 2018, copper prices hit US$7,000/ton, and in the second half of 2019, it hit US$8,000/ton.
United States: The number of initial jobless claims for the week of July 21 was 217,000, which is expected to reach 215,000. In the week of July 14, the number of jobless claims was 1.745 million, with an expected 1.73 million.
France: July consumer confidence index 97, expected 98, pre-value 97.
BDI: On July 26, the Baltic Dry Index fell 3.61% to 1708 points.
Foreign exchange broadcast
RenminbiOn July 26, the official closing price of the RMB against the US dollar was reported at 6.7825, which was 41 points lower than the official closing price of the previous day and 135 points lower than the closing price of the previous day. The central parity of the RMB against the US dollar was reported at 6.7662, up 378 points from the previous trading day.
DollarAs of press time, the US dollar index rose 0.5472% to 94.7481; the euro fell 0.6568% against the US dollar at 1.1646; the pound against the US dollar fell 0.5915% to 1.3109; the dollar against the yen rose 0.3428% to 110.2300; the US dollar against the Canadian dollar rose 0.1686 %, reported at 1.3072. The dollar rose 0.3412% against the yuan to 6.7928.
domesticAs of the afternoon of July 26, domestic commodity futures closed, eggs closed up 1.9%, crude oil rose more than 1%, Zhengyou, soybean meal, manganese silicon, ferrosilicon, Shanghai lead, thread, Shanghai nickel, hot coil, Shanghai copper, white sugar Fuel, Shanghai tin, rubber, Shanghai gold, Shanghai silver, coke, etc. closed up. Zheng coal and Zheng alcohol fell more than 1%, and glass, Shanghai zinc, asphalt, apple, Shanghai aluminum, coking coal, Zheng cotton, plastics, iron ore, cotton yarn, etc. closed down.
gold:COMEX August gold futures closed down 6.10 US dollars, down 0.5%, to 1225.70 US dollars / ounce.
crude: US WTI September crude oil futures prices closed up 0.31 US dollars, or 0.45%, to 69.61 US dollars / barrel. ICE Brent September crude oil futures prices closed up 0.61 US dollars, or 0.83%, to 74.54 US dollars / barrel.
Global stock market
Europe and AmericaThe European STOXX 50 index was about 1.3%, the Dow closed up 0.44%, at 25,527.07 points, the Nasdaq closed down 1.01%, at 7852 points, and the S&P 500 index closed down 0.30% at 2,377.44 points.
Asia: On July 26, the Nikkei 225 index closed down 0.1% to 22,586.87 points. South Korea's Seoul Composite Index closed up 0.65%.