Central Bank website: In order to support the development of the real economy and reduce the actual cost of social financing, the People's Bank of China decided to reduce the deposit reserve ratio of financial institutions by 0.5 percentage points on January 6, 2020 (excluding financial companies, financial leasing companies and automobiles). Finance company). The relevant person in charge of the central bank said: This RRR cut is a comprehensive RRR cut, which will release more than 800 billion yuan of long-term funds, reduce the cost of funds for financial institutions to support the real economy, and directly support the real economy.
Bureau of Statistics: In December 2019, the manufacturing PMI was 50.2%, the same as the previous month, and was above the line of prosperity and decline for two consecutive months; the non-manufacturing PMI was 53.5%, down 0.9 percentage points from the previous month. CICC believes that benefiting from the improvement of external demand environment and the acceleration of industrial production, the prosperity level in December remained at a strong level.
Securities Times Network: On December 31, the Shanghai Stock Exchange issued the "Notice on the Shanghai Stock Exchange's Reduction in the Listing Fees of Listed Companies", and decided to lower the listing fees of listed companies on the main board of the Shanghai Stock Exchange and the Science and Technology Innovation Board from January 1, 2020. The listing fee for stocks (including depositary receipts). According to reports, the listed company's "listing fee" includes the initial listing fee and the listing annual fee.
Securities Times Network: On the evening of December 31, Changan Automobile announced that Changan Automobile and Shenzhen Qianhai Ruizhi Investment Co., Ltd. signed the "Equity Transfer Agreement", and Changan Peugeot Citroen Automobile Co., Ltd. "Changan PSA") 50% of the shares were all transferred to Qianhai Ruizhi, with a transfer value of 1.63 billion yuan. After the completion, Changan Automobile will no longer hold the equity of Changan PSA. The shareholder of Qianhai Ruizhi is Baoneng Automobile Co., Ltd., and the actual controller is Yao Zhenhua.
Xinhua News Agency: On the evening of December 31, President Xi Jinping delivered a 2020 New Year's message. In 2019, my country's GDP is expected to be close to 100 trillion yuan, and the average per capita will reach the level of 10,000 US dollars. Xi Jinping also said that 2020 is a milestone year. We will build a moderately prosperous society in an all-round way and achieve the first centenary goal. 2020 is also a year of decisive victory in poverty alleviation. The horn has been blown. We must work together as one, resolutely win the battle against poverty, and achieve the goal of lifting all rural poor people out of poverty and all poverty-stricken counties under the current standards as scheduled.
Brokerage China: On December 31, 2019, Premier Li Keqiang of the State Council recently signed a State Council decree promulgating the Regulations on the Implementation of the Foreign Investment Law of the People's Republic of China, which will come into force on January 1, 2020. The "Implementation Regulations" are mainly refined from the following five aspects: First, foreign-invested enterprises shall equally apply various policies of the state to support enterprise development in accordance with the law. The second is to improve the transparency of foreign investment policies. The third is to encourage and guide foreign investment. The fourth is to ensure that foreign-invested enterprises participate in standardization work on an equal footing in accordance with the law. The fifth is to ensure that foreign-invested enterprises participate fairly in government procurement activities in accordance with the law.
Financial Investment News: Let's fight for the day, and live up to the time. 2020 is a landmark year. We will build a moderately prosperous society in an all-round way and achieve the first centenary goal. 2020 is also a year of decisive victory in poverty alleviation. In 2020, the national two sessions will be held in March; the seventh national census will be carried out; the Chinese sports delegation will participate in the 2020 Tokyo Olympics to win glory for the country; the Beidou global navigation will be completed, and the Mars probe will also be launched... In 2020, China These 10 big things deserve your attention!
Securities Times: Since December 2019, a number of major investment projects have been started in various places. The Ministry of Finance has issued some new special debt limit requirements for 2020 in advance. Under the background of increasing downward pressure on the economy, infrastructure investment has once again been placed high hopes. Looking forward to 2020, in terms of policy support, financial support, and demand for further releaseUnder the circumstances, the growth rate of infrastructure investment is expected to pick up steadily.
China Banking and Insurance Regulatory Commission: issued the "China Banking and Insurance Regulatory Commission Implementation Measures for Administrative Licensing Items of Rural Small and Medium Banking Institutions". The asset scale restrictions on overseas banks as promoters or strategic investors are cancelled, and the qualification requirements for wholly foreign-owned banks and Sino-foreign joint venture banks as promoters or strategic investors of rural commercial banks shall be implemented with reference to the relevant regulations of overseas banks.
Central Bank: On December 31, the People's Bank of China had no reverse repurchase operations, no issuance or expiration.
Shibor: On December 31, the overnight shibor reported 1.6940%, up 49.4 basis points. The 7-day shibor reported 2.7370%, up 11.9 basis points. The 3-month shibor reported 3.0200%, down 0.1 basis point.
National Film Bureau: In 2019, the total box office of national films was 64.266 billion yuan, a year-on-year increase of 5.4%; the total box office of domestic films was 41.175 billion yuan, an increase of 8.65% year-on-year, and the market accounted for 64.07%; the number of moviegoers in urban theaters was 1.727 billion. In 2019, 9,708 new screens were added, and the total number of screens in the country reached 69,787.
China Semiconductor Industry Association: In 2019, the integrated circuit design industry developed well, and the total sales value continued to grow. It is expected to reach 308.49 billion yuan, an increase of 19.7% over 2018. In 2019, the total sales of China's top 10 integrated circuit design companies will reach 155.80 billion yuan, accounting for 50.1% of the industry scale, compared with 40.21% in the same period last year.
Shanghai Stock Exchange: Since November 2019, due to less rainy weather, the construction progress of construction projects in the southern region has accelerated significantly, and the demand for cement has gradually increased. The supply of cement in the southern region is in short supply and the price is rising. Cement prices in eastern Guangdong continued to rise this week. On the 27th, the prices of various grades of cement and clinker rose by 10 to 20 yuan per ton.
Xinhua The throughput of the Three Gorges Hub was 148 million tons; the cargo throughput of the ports along the Yangtze River was 3.16 billion tons, a year-on-year increase of 11.3%; the completed container throughput was 19.4 million TEUs, a year-on-year increase of 10.9%; all of which set new historical records.
Xinhuanet: The Yangtze River Delta Important Product (Blockchain) Traceability Alliance is taking the lead in promoting the exchange and sharing of pork traceability information in the Yangtze River Delta region. It can realize the compatibility and interaction of different coding systems, and completely open up cross-regional and cross-departmental traceability information, inspection and monitoring resources.
Stock Market Spotlight
China Securities Regulatory Commission: Approved the IPO registration of Zhejiang Dongfang Gene Biological Products Co., Ltd., Shenzhen Youfang Technology Co., Ltd., and Suzhou Zejing Biopharmaceutical Co., Ltd. on the Science and Technology Innovation Board.
Sino-Singapore Jingwei: December 31, 2019, A-share year-end filing. The Shanghai Composite Index closed at 3,050.12 points, and the Shenzhen Component Index closed at 10,430.77 points. In terms of performance throughout the year, the Shanghai Composite Index has increased by 22.30%, the best performance since 2014; the Shenzhen Composite Index has increased by 44.08%, the largest annual increase in the past 10 years! According to the latest data disclosed by China Settlement, the total number of A-share investors at the end of November reached 159 million. If this is calculated, the average profit of A-share investors in 2019 is 99,900 yuan.
21st Century Business Herald: In the banking sector, in addition to the three banks of Zijin Bank, Qingdao Bank and Zhangjiagang Bank in January, there are 13 banks facing the lifting of the ban in 2020, and the cumulative market value of the 16 banks lifted is as high as 197.84 billion yuan. Among them, 8 banks have a market value of more than 10 billion yuan, including Postal Savings Bank, Chongqing Rural Commercial Bank, Zheshang Bank, Suzhou Bank, Bank of Beijing, Qingnong Commercial Bank, Shanghai Pudong Development Bank and Industrial Bank. Regarding the lifting of the ban, 81.54% of the private equity firms believe that the market has already anticipated the lifting of the ban, and the lifting of the ban will not have a big impact on A shares.
China Fund News: According to data, as of December 31, there were 5 active equity funds with an annual rate of return of more than 100% (excluding tiered funds and funds established in the current year).GF Double Engine Upgrade temporarily ranks first in the performance of active equity funds with an annual rate of return of 121.69%. Liu Gesong is not pessimistic about 2020. He believes that there are structural opportunities. He is more optimistic about the semiconductor industry chain, 5G industry chain, new energy vehicle industry chain, and companies with relatively certain growth and reasonable valuations in core assets, such as vaccines, food, etc. .
Finance and Economics Weekly: According to statistics, in 2019, at least 16 chairman or actual controllers of A-share listed companies have been controlled by the police. The average age of the 16 directors or actual controllers who participated in "2019 Prison Situation" is about 52 years old. The youngest is Tang Jun, the actual controller of Derivative Technology, who is only 32 years old. In March 2019, he was suspected of illegal Taking deposits from the public and controlled by the police. In terms of gender, most of the 16 "leading actors" are men, and only one is a woman, Luo Jing, a "business Mulan" who was criminally detained by the police on suspicion of financial fraud in July 2019.
Beijing News: On January 1, 2020, Shi Lei, the original Jiugui liquor dealer who reported that Jiugui liquor products contained cyclamate in his real name, said that the Xiangxi Market Supervision Bureau had previously rejected his complaint and had 60 days to apply for reconsideration Time, decided not to apply for reconsideration in the near future, and will communicate with relevant departments first.
New Share Subscription: On January 2, OP Home Furnishing, Wanders, and Heyuan Gas.
New bond subscription: On January 2, Putai converted bonds.
Baoding Technology: Zhaojin Group's tender offer period expires, and trading will be suspended from January 2.
Jiulian Development: The stock abbreviation will be changed to "Poly United" from January 2.
CHTC Hailong: The shares held by the largest shareholder are released from judicial freeze.
Zhonglu Co., Ltd.: The proposed transfer of 13.05% equity of Inner IoT will yield about 38.63 million yuan.
Changcian Technology: It has spent 152 million yuan to repurchase 5.44% of its shares.
JA Solar: The planned construction of a photovoltaic cell and module production base has a total investment of 6.6 billion yuan.
Kelun Pharmaceutical: Hydroxyethyl Starch 130/0.4 Electrolyte Injection was approved for drug registration.
BAIC Blue Valley: Received a government subsidy of 300 million yuan.
*ST Kerry: The subsidiary received nearly 200 million yuan in equity assets free of charge, and the donor intends to increase its stake in the company.
*ST Continent: Several shareholders proposed to set up a working group to eliminate the company's delisting risk.
*ST Zhong An: As of the end of 2019, the company's debt forgiveness amount exceeded 400 million yuan.
*ST Shenji: The company's reorganization plan has been implemented.
ST Remote: The shareholding of Suxin Investment and persons acting in concert increased to 20%.
Data at a Glance
Shanghai and Shenzhen stock markets: On Tuesday, December 31, the Shanghai Composite Index reported 3050.12 points, up 0.33%, with a turnover of 226.764 billion. The Shenzhen Component Index reported 10430.77 points, up 0.63%, with a turnover of 305.896 billion. The ChiNext Index reported 1798.12 points, up 0.44%, with a turnover of 98.355 billion. The total turnover of the two cities was 532.660 billion. From the perspective of the disk, industries such as biomedicine, agriculture, forestry, animal husbandry and fishery are among the top gainers.
Dragon and Tiger List: As of December 31, according to the institutional trends shown on the Dragon and Tiger List, 11 stocks were taken care of by institutions, with an overall net purchase (354.69 million yuan). Looking at the Dragon Tiger List, the institutions bought 7 stocks on a net basis and sold 4 stocks on a net basis. The net capital inflow of Gravity Media was 253 million yuan; the net capital inflow of Zhongguang Tianze was 143 million yuan; the net capital inflow of Ruiming Technology was 60.105 million yuan.
Hong Kong stocks: On December 31, the Hang Seng Index fell 0.46% to 28189.75 points. The China Enterprises Index fell 0.51% to 11,168.06 points.
Shanghai-Shenzhen-Hong Kong Stock Connect: On December 31, the total transaction volume of northbound funds was 20.791 billion yuan, and 20.953 billion yuan was sold, with a total transaction value of 41.744 billion yuan. The net sales of the whole day was 162 million yuan, of which the total turnover of Shanghai Stock Connect was 18.845 billion yuan, and the net sales of transactions was 163 million yuan; the total transaction volume of Shenzhen Stock Connect was 22.899 billion yuan, and the net purchases wereinto 1 million yuan.
margin financing and securities lending: As of December 30, the financing balance of the Shanghai Stock Exchange was 558.918 billion yuan, an increase of 3.806 billion yuan compared with the previous trading day; the Shenzhen Stock Exchange's financing balance was 446.558 billion yuan, an increase of 1.934 billion yuan compared with the previous trading day; The two cities totaled 1,005.476 billion yuan, an increase of 5.74 billion yuan over the previous trading day.
Property Market Watch
Sino-Singapore Jingwei: Anjuke's "2019 Talent Policy and Housing Employment Report" shows that in 2019, more than 100 cities implemented the new talent policy. Most of the cities that have introduced the new talent policy have fully liberalized the restrictions on the placement of educated talents, and "zero threshold to settle down" and "settlement after employment" have become necessary conditions. In 2019, more than 30 cities have successively introduced new settlement policies, including Guangdong, Liaoning, Zhejiang, Jiangxi and other provinces, among which there are many new first-tier cities - Chengdu, Xi'an, Nanjing, Hangzhou, Wuhan, etc. City. At the same time, subsidies have been increased, focusing on solving the living and housing problems of talents.
China Securities Journal: In 2019, under the background of stricter regulation, while the number of "land kings" has been greatly reduced, many former "land kings" encountered market downturns after entering the market, especially in hot first- and second-tier cities. Earth King" was in an embarrassing situation. Experts believe that in the future, under the dual effects of policies and the market, the high-quality turnover model of housing enterprises will gradually subvert the land-hoarding model, and the land market will become more rational.
First Financial: Amid the crisis and stalemate, the World Trade Organization (WTO) celebrated its 25th birthday on January 1, 2020. "In the past quarter century, the WTO has helped to transform international economic relations." WTO Director-General Azevedo said on the same day that the real volume of world trade has increased by 2.7 times, and the (global) average tariff has almost been reduced by half. From 10.5% to 6.4%. The Bertelsmann Foundation, a German think tank, estimated in its latest report "WTO at the age of 25" that WTO membership brings the greatest benefits to the United States, followed by China and Germany.
World Wide Web: NASA recently unveiled the "Mars 2020" rover for the first time. The probe will set off for Mars in July 2020 and land on Mars in February 2021, not only to search for "trails" of ancient life on Mars, but also to "serve as a pioneer in human exploration of Mars."
RMB: At 16:30 on December 31, the onshore RMB against the US dollar closed at 6.9662, up 0.3091%, and the central parity rate of RMB was reported at 6.9762, up 0.0616%. NDF: 6.9975 for 3 months, 7.0150 for 6 months, 7.0594 for 1 year, and 7.1352 for 2 years.
Domestic: As of the close on the afternoon of December 31, most of the domestic commodity futures markets closed in the red, and stainless steel rose 1.87%, leading the market. Coke, rapeseed meal, coking coal and palm oil rose more than 1%. Fuel oil fell nearly 2%, PTA, Zheng alcohol, plastics, crude oil, apples, and Shanghai lead fell more than 1%.
US stock market: On Tuesday, the Dow closed up 0.27% to 28538.44 points; the Nasdaq rose 0.3% to 8972.60 points; the S&P 500 rose 0.29% to 3230.78 points. In 2019, the Dow rose 22.33%, the S&P 500 rose 28.88%, and the Nasdaq rose 35.23%.
European stock markets: Germany's DAX fell 0.66% to 13249.01 points; the UK's FTSE 100 fell 0.59% to 7542.44 points; France's CAC40 fell 0.07% to 5978.06 points. In 2019, the UK's FTSE 100 index rose 12%, the largest annual increase in three years; the French CAC40 index rose 26%, the largest annual increase since 1999; the German DAX30 index rose 25% annually.
Asia: 12On March 31, the Nikkei 225 index fell 0.76% to 23,656.62 points. South Korea's KOSPI index fell 0.30% to 2197.67 points.