Caixian News, November 21, what major events in the capital market happened over the weekend? The key news is summarized as follows:
Macro and market news
Liu He: Financial institutions should increase financial credit support for manufacturing enterprises to ensure reasonable capital needs of enterprises
The 2021 World Manufacturing Conference opened on November 19 in Hefei, Anhui. Liu He, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, delivered a written speech. Liu He pointed out that the manufacturing industry is the “ballast stone” of the economies of major countries and is essential for promoting economic growth and improving the quality of employment. my country is undergoing a profound transformation in the economic development model. The basis for high-quality development is a higher-level and more competitive manufacturing industry. It is necessary to continuously enhance industrial competitiveness, increase labor productivity, and maintain a reasonable proportion of manufacturing and producer services. All localities and departments must effectively solve current practical problems for manufacturing enterprises. Financial institutions should increase financial credit support for manufacturing enterprises to ensure their reasonable capital needs.
Liu He: To study the promotion of data confirmation and classification and hierarchical management to smooth the flow of data transactions
The 2021 China 5G+ Industrial Internet Conference will open in Wuhan, Hubei on Saturday. Liu He, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, delivered a written speech. Liu He emphasized that enterprises are the most active force for technological innovation. It is necessary to strengthen the position of enterprises as the mainstay of innovation and allow all kinds of innovation resources to be concentrated in enterprises. Encourage the core enterprises of the industrial chain to drive the collaborative innovation of upstream and downstream enterprises, and improve the level of the industrial chain of the innovation chain. Financial institutions should increase their support for corporate innovation, explore the use of digital technology to increase corporate credit, and solve the financing difficulties of small and medium-sized enterprises. Data is becoming a key production factor. It is necessary to study the promotion of data right confirmation and classification and hierarchical management, smooth the flow of data transactions, realize the market-oriented allocation of data elements, and rationally distribute the benefits of data elements. All localities and industries should explore the establishment of institutional systems and circulation platforms that conform to the characteristics of data elements, and at the same time accelerate the construction of a new governance model that combines government supervision and industry self-discipline.
Li Keqiang: Various policies supporting coal power companies must be implemented to ensure stable power supply
Li Keqiang hosted a symposium between economic situation experts and entrepreneurs on Friday, emphasizing the effective implementation of macro policies around market entities, promoting reform and opening up, and maintaining stable economic operations. At the symposium, Wen Bin, He Jun and other experts and the heads of Datang Group, Wuxi Yimian Textile Group, and Shenzhen Jingfeng Medical Technology Co., Ltd. spoke about stabilizing foreign trade exports, promoting the development of small and medium-sized enterprises, and alleviating the pressure of rising raw material costs. Promote corporate innovation and other suggestions. Li Keqiang pointed out that hundreds of millions of market players are where China’s economic resilience and potential lie, which effectively supports the basic employment market, and macroeconomic policies should continue to focus on market players. While continuing the institutional tax cuts and implementing the established tax deferral policies, we will study the adoption of new combined and phased tax and fee reduction measures, improve the deduction of R&D expenses, and tax refunds for value-added tax, and support manufacturing enterprises. , Relieve difficulties and innovate and upgrade for small, medium and micro enterprises and individual industrial and commercial households. Various policies supporting coal power companies must be implemented to ensure stable power supply. Targeted measures will be taken to strengthen economic operation adjustments, and ease the pressure of rising prices of bulk commodities to downstream small, medium and micro enterprises. All parties must think of more ways to create a good environment for the development of market entities, and promote more market entities to overcome difficulties, become more active, and achieve new development.
Central Bank: The current real estate market risk is generally controllable to maintain the continuity, consistency and stability of the real estate financial policy
The central bank released a report on the implementation of China’s monetary policy for the third quarter of 2021 on Friday. The report pointed out that the current real estate market risks are generally controllable, and the overall situation of the healthy development of the real estate market will not change. Persist in not using real estate as a short-term means of stimulating the economy, persist in stabilizing land prices, house prices, and expectations, maintaining the continuity, consistency and stability of real estate financial policies, implementing a prudential management system for real estate finance, and increasing financial support for housing leasing , Cooperate with relevant departments and local governments to jointly maintain the stable and healthy development of the real estate market and safeguard the legitimate rights and interests of housing consumers.
Central Bank: Actively and steadily respond to monetary policy adjustments in developed economies. Grasp the intensity and rhythm of policies in accordance with the domestic economic situation and price trends
The central bank released a report on the implementation of China’s monetary policy for the third quarter of 2021 on Friday. In the next step, we must continue to implement comprehensive policies and actively and steadily respond to monetary policy adjustments in developed economies. First, a prudent monetary policy must be flexible, precise, reasonable and appropriate, with me as the mainstay, steady character, grasp the strength and rhythm of the policy, handle the relationship between economic development and risk prevention, make cross-cyclical adjustments, and maintain the overall stability of the economy. Enhance the resilience of economic development. Improve the money supply control mechanism, maintain reasonable and abundant liquidity, enhance the stability of the total credit growth, keep the money supply and the growth rate of social financing scale basically matched with the nominal economic growth rate, and maintain the macro-leverage ratio basically stable. Closely track and judge price trends, stabilize social expectations, and strive to maintain overall price stability. The second is to deepen the market-oriented reform of the RMB exchange rate, strengthen the flexibility of the RMB exchange rate, strengthen anticipation management, improve the macro-prudential management of cross-border financing, guide market entities to adhere to the concept of “risk neutrality”, and maintain the basic stability of the RMB exchange rate at a reasonable and balanced level. The third is to continuously deepen the two-way opening of finance and enhance the attractiveness of domestic RMB assets.
Shanghai Stock Exchange releases operating income deduction guidelines to target shell companies
The Shanghai Stock Exchange released on Friday the “Shanghai Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 2-Financial Delisting Indicators: Operating Income Deduction” and “Science and Technology Innovation Board Information Disclosure Business Guide No. 9-Financial Delisting Indicators: Operating Income” “Deduction” will be implemented from the date of publication. The “Guide” aims to clarify the specific deductions of operating income from financial delisting indicators, improve the enforceability of financial delisting indicators, and implement new regulations for detailed delisting. In the process of formulating the Guidelines, the Shanghai Stock Exchange conducted a survey on shell companies that do not have the ability to continue operations, and refined common methods for such companies to use large-scale operating income to protect their shells. Target-oriented and targeted deductions were formulated. The standard is aimed at accurately attacking shell companies and striving to achieve “retirement”.
According to the new delisting regulations, after the 2021 annual report is disclosed, if a listed company first touches the financial delisting indicator that the lower of the net profit before and after the deduction is negative and the operating income is less than 100 million yuan, it will be subject to a delisting risk warning ( *ST). Companies that have been warned of delisting risks, namely *ST companies, will be directly delisted if they continue to hit the delisting indicators in 2021. Investors should pay close attention to the annual performance forecasts, performance forecast correction announcements, performance bulletins, performance bulletin correction announcements, risk warnings and other announcements that may be disclosed by relevant listed companies, make investment decisions cautiously, and effectively prevent investment risks.
China Banking and Insurance Regulatory Commission: Reasonable demand for real estate loans is met. At the end of October, real estate loans from banking financial institutions increased by 8.2% year-on-year
The China Banking and Insurance Regulatory Commission said on Friday that in the first 10 months, various loans increased by 17.9 trillion yuan, an increase of 78.3 billion yuan year-on-year. The capital supply is reasonable and abundant, effectively meeting the reasonable funding needs of the real economy. Among them, the reasonable demand for real estate loans has been met. At the end of October, real estate loans from banking financial institutions increased by 8.2% year-on-year, which remained stable overall. More than 90% of personal housing loans were used to support the first home, and loans to the housing leasing market increased by 61.5% year-on-year.
Xiao Yaqing, Minister of Industry and Information Technology: Explore the construction of a data trading platform
According to a report from Shell Finance and Economics on Saturday, at the opening ceremony of China’s 5G+ Industrial Internet in 2021, Xiao Yaqing, Minister of Industry and Information Technology, said in his speech to promote industrial Internet platforms to enter enterprises, parks, and industrial clusters; accelerate the development of industrial data interaction and other basics Common standards, exploring the construction of a data trading platform. Xiao Yaqing said that to strengthen key technology research and lay a solid foundation for development. It will focus on the supply of industry common technologies, vigorously promote the “revealing the list” mechanism, give full play to the main role of enterprise innovation, and realize the rapid development and industrialization of industrial modules, sensors, key software and other fields. Focus on activating the potential of data, accelerate the development of basic common standards such as industrial data interaction, explore the construction of data trading platforms, and improve the level of data management and development and utilization.
Industry News
Loose second-hand mortgages in Guangzhou?Intermediary: As long as the assessed price can pass the review, the guide price is not required
According to a report by the Securities Times, today, there was a sudden news on the Internet that “Guangzhou second-hand mortgages do not need to refer to the guide price”, and pointed out that the above news has been confirmed by several major banks. The reporter sought verification from intermediary agencies, and received the news: As long as the appraisal price of second-hand mortgages in Guangzhou can pass the bank’s appraisal, the loan can be made at the appraisal price instead of the guide price. The news has not yet been officially confirmed.
Beijing CDC: Courier and takeaway delivery personnel are not allowed to work without vaccinating the new crown vaccine
The Beijing Municipal Center for Disease Control and Prevention released a new version of the “Guidelines for the Prevention and Control of Express Delivery and Takeaway Delivery Personnel During the New Coronary Pneumonia Epidemic” on Saturday. Among them, companies are required to organize all employees to vaccinate the whole course of new crown vaccine in accordance with relevant regulations, so that those who have not been vaccinated are not allowed to work.
my country’s cumulative installed capacity of renewable energy power generation exceeds 1 billion kilowatts
According to industry statistics, as of the end of October 2021, my country’s cumulative installed capacity of renewable energy power generation reached 1.02 billion kilowatts, breaking through the 1 billion kilowatt mark, doubled from the end of 2015, according to industry statistics. The proportion reached 43.5%, an increase of 10.2 percentage points from the end of 2015. Among them, the installed capacity of hydropower, wind power, solar power and biomass power generation reached 385 million kilowatts, 299 million kilowatts, 282 million kilowatts, and 35.34 million kilowatts, respectively, all of which continued to rank first in the world.
The total subscription scale of the first batch of 8 Beijing Stock Exchange themed funds exceeds 20 billion yuan
The first batch of 8 Beijing Stock Exchange themed funds were all over-raised on the day of their debut (November 19). The Cailian News reporter learned from channel sources on Saturday that the total subscription scale for the eight products exceeded 20 billion yuan. Among them, China Universal Beijing Stock Exchange Innovative Selection is scheduled to be launched in two years for this batch of products with the highest scale of initial offerings. Its single-day subscription amount is close to 7.2 billion yuan, and the final ratio is expected to be less than 7%. On the same day, the two-year fixed subscription scale of E Fund Beijing Stock Exchange also exceeded 5 billion yuan, and the final ratio is expected to be less than 10%.
Company news
Tuoxin Pharmaceuticals: The company is not in the list of qualified suppliers of Merck and will resume trading on November 22
Tuoxin Pharmaceutical announced on Friday that the company is not in Merck’s qualified supplier list system. The company has not signed any cooperation agreement with Merck, has no cooperative relationship with Merck, and has not supplied uridine products to Merck. As a pharmaceutical intermediate, the production process of uridine is relatively mature, without high technical barriers and market entry barriers. From January to September in 2020 and 2021, uridine products accounted for 11.02% and 9.63% of the company’s operating income, respectively, which has little impact on performance. Currently, the company has no orders for uridine. The company’s shares will resume trading on November 22 (Monday).
Aofei Entertainment: Bilibili plans to acquire 100% equity in subsidiary Youyouqi for 600 million yuan
Aofei Entertainment announced on Friday that the company intends to transfer 100% of its wholly-owned subsidiary, Beijing April Star Network Technology Co., Ltd. (“You Qi” or “April Star”) to Shanghai Phantom Information for 600 million yuan. Technology Co., Ltd. (referred to as “Shanghai Magic Power”). In recent years, the company has gradually adjusted the direction of its business strategy. There is a certain deviation from the company’s content business strategic plan in terms of user positioning and other aspects of the company. For the company, if it can obtain the user resources and traffic support of the Internet head platform, it is expected Open up a broader space for development. According to preliminary calculations, it will increase the company’s investment income by about 28 million yuan; the company’s goodwill is expected to decrease by 448 million yuan. Small money note: Shanghai Phantom Information Technology Co., Ltd. wholly-owned holding Shanghai Bilibili Animation Co., Ltd.
Honeycomb Energy’s second-generation L600 short blade will be launched next year, with an energy density exceeding 185wh/kg
Yang Hongxin, chairman and CEO of Honeycomb Energy, said on Friday that the development of Honeycomb Energy’s second-generation L600 short blade lithium iron phosphate has been completed and is expected to achieve mass production in Q3 of 2022. It is reported that Honeycomb Energy’s second-generation short-blade lithium iron phosphate battery has the same specifications as the first generation, but the cell capacity is increased to 196Ah, the energy density exceeds 185wh/kg, and the volumetric energy density exceeds 430wh/L. In addition, the “Science Innovation Board Daily” reporter was informed that at present, Honeycomb Energy is planning a new lithium iron phosphate battery project, and the energy density will reach more than 180wh/kg.
Tianxia Show: Shanghai Stock Exchange will supervise and warn companies and related responsible persons
Tianxia Show announced on Friday that the Shanghai Stock Exchange will supervise and warn Tianxia Show and related persons in charge. In a period of high concern in the current market for related products and technologies such as “Meta Universe”, the company uses non-statutory information disclosure channels to make public announcements that involve company operations. Important information about business and future development, and related published information may mislead investors. The company’s then chairman Li Meng and then secretary of the board of directors Yu Yue caused the above-mentioned information to be improperly released to the public, and a supervisory warning was given. Xiaocai Note: On November 18th, Tianxia Show released an open letter signed by the then chairman Li Meng through the company’s self-media public account stating that “The Rainbow Universe developed by the company is a 3D virtual social product based on blockchain technology.”
Overseas news
Sign landing!The U.S. One Trillion Infrastructure Act Starts Implementation
With the passage of the trillion-dollar infrastructure investment bill in Congress, this is known as the largest infrastructure bill or will begin to be implemented. According to relevant media reports, US President Biden signed a $1 trillion infrastructure bill at the White House, which also means that the bill has officially landed.
The three major U.S. stock indexes closed up mixed
The three major U.S. stock indexes closed mixed on Friday. The Dow fell 0.75% and fell 1.38% this week; the S&P 500 fell 0.14% and rose 0.32% this week; the Nasdaq rose 0.4% and hit a new closing high this week. The cumulative increase was 1.24%. The online education and new energy vehicle sectors are among the top gainers. Fortunately, they will rise by more than 18%. “Xiaopeng” Lucid has risen by more than 17%, Gaotu has risen by more than 5%, and Tesla has risen by more than 3%. Oil and gas stocks fell, Caron Oil fell more than 9%, Exxon Mobil fell more than 4%, British Petroleum and Total fell more than 3%.