China Fund News Taylor
Today's market is not calm!
In the statement of the central bank yesterday, everyone thought that A-shares would rise sharply today, and even some economists posted last night that there would be a thousand shares up and down, and the result was a tragic slap in the face.
Last night, the online public offering bought Hengshuai shares for private placement, and today the company responded that it was unaware.
The Internet circle is also not calm, and the investment department of giant ByteDance disbanded overnight.
The online public offering bought Hengshuai shares for private placement
Company: I don't know
Hengshuai shares, a large bull stock that once soared 4 times, crashed and stopped today.
On the news side, last night the fund Jun reported that a conversation on the Internet was suspected of questioning the Shanghai public offering group to buy the shares of hengshuai shares of listed companies, which was taken over by private placement. The dialogue said that a business model in the current capital market is that the seller (securities company) buys the private placement product, the private placement first buys (stocks), and then prepares the experts, communicates well with the company's board secretary, IR and even the chairman, and then writes paragraphs and reports to promote. The relevant person of Hengshuai shares responded that he was not aware of the matters involved in the above rumors and did not participate in them.
Hengshuai shares can be called a big bull stock in 2021. Its stock price rose as high as 174.98 yuan per share, an increase of more than 4 times compared with the lowest price in 2021.
In this rapid rise in the process, public funds have concentrated on buying in large quantities. In the mid-2021 report, the top ten circulating shareholders of Hengshuai shares are all individuals, and the third quarter has basically become institutional investors.
On January 19, the relevant public offering institutions said in response to the private placement to take over the public offering that the mining and investment of individual stocks followed a consistent process and principle. The research information and position information of listed companies and fund companies have also been disclosed.
Some fund company personnel said that the plot of online transmission seems to be relatively perfect, but for such a "game", public offering institutions will not actively participate in it.
Some media asked the relevant people of Hengshuai shares, how do you view the shuffle of the company's top ten outstanding shareholders in just 3 months? The other party said: "These situations are a kind of trading behavior of the secondary market and fund companies, which cannot be controlled by our company, and as for whether the fund companies are buying or selling, our company cannot know in advance." ”
ByteDance's investment department dissolved overnight?
Another thing that attracted the attention of the market on the 19th was that ByteDance would lay off the investment business as a whole, involving about 100 employees. Among them, Zhao Pengyuan, the head of strategic investment, and some employees of the war investment section may give up the investment business and merge into the president's office to be responsible for the company's overall strategy; some people in the strategy and investment department will transfer to the business line to do strategy; the financial investment section will be completely dissolved.
In this regard, the relevant person in charge of ByteDance responded that the company conducted an inventory and analysis of the business at the beginning of the year, decided to strengthen business focus, reduce investment with low synergy, disperse the staff of the strategic investment department into various business lines, and strengthen the cooperation between the strategic research function and the business. Planning discussions are also underway for the business and teams involved.
According to the data of Tianyancha, ByteDance has invested more than 100 projects (including domestic and overseas markets) in recent years, and there are more than 400 foreign investment companies, all of which are involved. For example, in the medical field, in 2020, it launched an independent brand of "Xiaohe Medical". In the same year, in the field of education, the independent brand "Vigorous Education" was launched. In terms of geographical distribution, the number of investments in Beijing projects is the largest, followed by Shanghai and Guangdong.
Last night shouted a thousand shares up and down
Admit mistakes today
On January 18, the central bank held a 2021 financial data conference, which coincided with the interest rate cut, and there was a lot of new information added to this meeting!
At the press conference, many of Vice President Liu Guoqiang's speeches were very direct, such as: "Although it is the beginning of the year, but the time of year is very short, and the plan of the year lies in the spring, so we must pay close attention to doing things, forward-looking operations, walking in front of the market curve, responding to the general concerns of the market in a timely manner, can not be delayed, dragged on for a long time, the market concerns are disappointed, there is no concern if it is not concerned, if it is not concerned, it is 'more mournful than heart death', and the things behind will be difficult to deal with."
Its China Sheng Macro has sorted out the main points:
1, this is a "big vernacular" conference, the language is very direct.
2. The central bank is still worried about the economy, and further clarifies its determination to stabilize growth with all its strength, pointing out that all aspects are exerting efforts, and after a few months, "great downward pressure on the economy" will become "yesterday's story".
3, "not conducive to stability of the policy is not introduced, conducive to the introduction of more stable policies", monetary policy should be "two more, three forces": more active, more proactive; sufficient force, precise force, forward force; "the monetary policy toolbox is opened wider; the financial sector must not only welcome customers to the door, but also take the initiative to attack".
4. The central bank has four key tasks in 2022: guaranteeing credit, adjusting the structure, reducing costs, and stabilizing the exchange rate; we expect that credit may be greatly increased in the first quarter.
5. It is implied that the space for further interest rate cuts and RRR cuts is relatively limited, but it is still possible.
6. "One of the most core features of real estate is regionality", we expect that real estate regulation will strengthen the policy of the city and strengthen the expectation of stability.
7. The macro leverage ratio has declined for 5 consecutive quarters, and the macro leverage ratio will remain basically stable in 2022.
8. There is a new formulation of the RMB exchange rate: "China is a big country, and continuous unilateral appreciation or depreciation is difficult to appear in a big country, and it is even more unlikely to occur in China."
For the central bank's heavy statement, everyone thinks that it can also play a role in pulling up the stock market. Guan Qingyou sent three microblogs in a row to say: The statement of the central bank leaders is greater than the three Yang lines; the central mother is the central mother, and has not forgotten to take care of you; the central bank is the savior, do not make enemies with the central bank.
Guan Qingyou even posted that if there is no thousand shares on the 19th, it is the brain of the institution.
The A-share market on the 19th, everyone saw it, which is completely different from the prediction of Guan Qingyou teacher! Today's apology said: I was wrong. Expectations weaken and confidence is restored, and it will take time. Let's heal the market slowly.
According to public information, in the four years from November 2013 to November 2017, Guan Qingyou served in Minsheng Securities, during which he served as vice president of Minsheng Securities and president of the research institute. After that, he left Minsheng Securities and began to establish the Ruyi Financial Research Institute.
On January 19, the Shanghai index rushed higher and fell back, and then the shock probed, and the decline in the end of the session narrowed; the Shenzhen index and the ChiNext index fell sharply, the Shenzhen index fell by more than 1%, and the ChiNext index fell by more than 2%; the turnover of the two cities shrank compared with yesterday, but it remained above the trillion yuan, and the net purchase of northbound funds exceeded 3.8 billion yuan.
As of the close, the Shanghai index fell 0.33% to 3558.18 points, the Shenzhen component index fell 1.28% to 14207.19 points, and the ChiNext index fell 2.17% to 3075.98 points; the two cities traded a total of 1,065.3 billion yuan, and northbound funds bought 3.821 billion yuan.
Lithium battery, pharmaceutical weighted stocks generally fell sharply today, Yiwei Lithium Energy fell more than 7%, Tianqi Lithium fell more than 5%, Ningde era once fell more than 4%, Changchun High-tech fell to a halt, WuXi AppTec fell nearly 5%.
The game sector maintained a strong position in the afternoon, Xunyou Technology, Xinghui Entertainment 20CM up and down, Glacier Network rose by more than 10%, Bo Rui Spread up and down, Shengtian Network, Tom Cat, Electric Soul Network and so on rose by more than 5%.
The National Development and Reform Commission and other departments on promoting
Several opinions on the healthy and sustainable development of the platform economy
According to the news on the website of the National Development and Reform Commission on January 19, the National Development and Reform Commission and other departments recently issued a number of opinions on promoting the healthy and sustainable development of the platform economy.
It mentions:
1. Improve competition supervision and law enforcement.
For key industries and fields where the people have strong reactions, strengthen the supervision and enforcement of competition in the whole chain. Lawfully investigate and deal with acts such as monopoly and unfair competition in the field of platform economy. Strictly investigate and deal with monopoly agreements in the field of platform economy, abuse of market dominance, and illegal implementation of concentration of undertakings in accordance with law. Strengthen platform advertising-oriented supervision, and strengthen supervision of advertising in key areas. Focus on regulating issues such as misleading consumers with reduced allocation and quality reduction products, and the platform's failure to review the market access qualifications of the goods sold, and implement the obligations related to the recall of online business operators' products for defective consumer goods. Intensify the crackdown on illegal operations of platform enterprises in the field of mobility. Strengthen the tax assistance obligations of platform enterprises such as the submission of tax-related information, strengthen the tax supervision of platform enterprises, and investigate and deal with tax-related violations such as false invoicing and tax evasion in accordance with law. Strengthen the management and supervision of platform deposits, prepayments, margins and other fees.
2. Strengthen supervision in the financial sector.
Strengthen supervision in the field of payment, disconnect the improper connection between payment instruments and other financial products, govern the exclusive or "two-choice" behavior in the payment process in accordance with the law, strengthen supervision over the abuse of the market dominance of non-bank payment services, and study the introduction of non-bank payment institution regulations. Standardize the use of platform data, strictly supervise credit reporting business, and ensure licensed and compliant operations in accordance with law. Implement the regulatory system for financial holding companies, strictly review the qualifications of shareholders, strengthen penetrating supervision, and strengthen comprehensive risk management and related party transaction management. Strictly regulate platform enterprises' investment in financial institutions and local financial organizations, and urge platform enterprises and their holding and shareholding financial institutions to strictly implement capital and leverage ratio requirements. Improve financial consumer protection mechanisms, strengthen supervision of marketing behavior, ensure that the disclosed information is true and accurate, and must not be discouraged from consuming ahead.
3. Explore data and algorithm security supervision.
Truly implement the principles of legality, propriety, and necessity for the collection and use of personal information, and severely crack down on platform enterprises' unlawful conduct such as collecting personal information beyond the scope of their scope or using personal information beyond their authority. Strictly control non-essential data collection behavior, and crack down on data abuses such as black market data transactions and big data killing in accordance with laws and regulations. Under the premise of strictly protecting trade secrets such as algorithms, support third-party institutions to carry out algorithm evaluation, guide platform enterprises to improve the transparency and interpretability of algorithms, and promote algorithm fairness. Strictly investigate and deal with illegal acts such as using algorithms to falsify information content, disseminate negative harmful information and vulgar and inferior content, traffic hijacking, and falsely register accounts. Promote platform enterprises to deeply implement the network security graded protection system, explore the development of data security risk situation monitoring and notification, and establish an emergency response mechanism. State organs shall lawfully collect and use personal information in law enforcement activities to protect data security.
4. Improve and improve regulatory techniques and means.
Strengthen digital supervision support, establish non-contact supervision mechanisms such as online discovery, circulation, investigation and handling of illegal clues, improve regulatory capabilities such as monitoring and early warning, online law enforcement, and information publicity, and support areas with mature conditions to carry out digital supervision pilot innovation. Strengthen and improve credit supervision and management, strengthening management of lists of the untrustworthy who have seriously violated the law in the field of the platform economy. Give play to the role of industry associations, guiding Internet enterprises to strengthen the interconnection, interconnection, and mutual recognition of credit evaluations such as lists of the seriously illegal and untrustworthy, and promoting platform enterprises to implement joint prevention and control of network operators' illegal conduct.