Today’s Financial Highlights: Key Events in the Capital Market
Economic Observer Network News
Here are the key financial news and capital market events to watch out for on April 16:
1. State Council Information Office to Hold Press Conference on National Economy Performance
On April 16, the State Council Information Office will hold a press conference at 10 a.m. Sheng Laiyun, deputy director of the National Bureau of Statistics, will discuss the performance of the national economy in the first quarter of 2024 and take questions from reporters.
2. Release of House Price Data for 70 Cities in March
The National Bureau of Statistics will release sales price changes of commercial housing in 70 large and medium-sized cities on April 16, reflecting data for January 2024.
3. Expected Increase in Domestic Oil Prices
A new round of price adjustments for domestic refined oil products is set to open at 24:00 on April 16. Analysts predict a fifth price increase this year, following seven rounds of adjustments so far in 2024.
4. World Internet Conference Digital Silk Road Development Forum
The conference will be held in Xi’an, Shaanxi, featuring high-level representatives from international organizations and tech companies like Qualcomm, Intel, and Alibaba.
5. Lift of Restricted Shares Worth 2.52 Billion Yuan
Today, 6 companies will release restricted shares, totaling 153 million shares with a market value of 2.52 billion yuan.
6. 46 Companies Disclose Stock Buyback Progress
46 companies issued announcements related to stock buybacks, with 15 disclosing repurchase plans for the first time and 10 completing their buyback plans.
7. Expiry of 2 Billion Yuan 7-day Reverse Repurchase
A 2 billion yuan 7-day reverse repurchase operation launched by the central bank on April 9 with a winning interest rate of 1.8% will expire today.
8. Release of US and Italian Economic Data
Data including the monthly rate of U.S. manufacturing output in March and the monthly rate of Italian CPI in March will be released today.
Stay tuned for more updates on these key financial events!
Compiled by Wang Junyong, editor of Economic Observer Network.
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