NO.1 On the evening of April 7, the reporter learned that the first public REITs in 2022 - the public part of the Huaxia China Communications Construction REIT subscription scale of about 84.4 billion, becoming the most "gold-absorbing" public fund at the beginning of 2022, and will also become the largest public REITs on the market. In addition, the placement ratio of Huaxia CCCC REIT is about 0.84%. (Daily Economic News)
NO.2 On April 7, the Lishui Housing Provident Fund Management Committee issued a notice on adjusting the housing provident fund policy of Lishui City. The Notice clarifies that the maximum limit of housing provident fund loan for double-paid employees who apply for housing provident fund loans for the first time to purchase their first suite is adjusted from 500,000 yuan to 700,000 yuan, and the minimum down payment ratio for employees who apply for housing provident fund loans for the first time to purchase their first self-occupied housing is reduced to 20%. In addition, the "Detailed Rules for the Implementation of the Administration of Individual Housing Provident Fund Housing Loans" recently revised in Taizhou, Zhejiang Province, clearly states that the maximum loan amount of a worker family with the same couple who give birth to a third child after May 31, 2021 (inclusive) and purchase the first self-occupied housing in the city and apply for a housing provident fund loan for the first time will increase by 20%. (The Paper)
NO.3 Guangzhou "relay loan" day trip, on the evening of April 7 was urgently stopped. "Today, many people were consulting about the product, but they didn't expect to stop it so soon. The bank was originally a tentative attempt, but the product is indeed more sensitive, after all, Guangzhou is a first-tier city, and every move has a huge impact. An intermediary said. Although the relay loan was stopped, the Guangzhou housing loan did have a significant downward adjustment. Banks have already lowered the interest rate on their first home to the LPR benchmark. (21 Finance)
NO.4 Recently, the news that Dan Bin, a well-known private equity fund manager, was suspected of being short caused concern, on April 7, dan Bin responded that "the position should be relatively low, about 10%." But Bin said, "The remaining positions are also leading enterprises." The latest data shows that this company is either In Moutai in Guizhou. Since the beginning of this year, the stock price of Moutai in Guizhou has only risen in the three weeks of January 21, February 18 and April 1; and some of Danbin's products are similar, and only these three weeks of net value have risen this year, which is highly correlated with the trend of Moutai stock price. (Securities Times)
NO.5 On April 7, a screenshot of a chat record of a suspected venture capital queen Xu Xin asking neighbors to help pull a group in a shanghai owner group and snapping up bread and milk for his family was circulated online, causing netizens to discuss hotly. Many netizens said that the big guys with a net worth of tens of billions also have to grab vegetables together, which shows that the epidemic situation in Shanghai is indeed severe, and it is really difficult to buy vegetables. Subsequently, Xu Xin responded in his circle of friends that his son brought his classmates to play at home, and there were 12 people living in the family, so he participated in the community group purchase, and the problem of bread and milk has been solved. Previously, Xu Xin had invested in many well-known companies such as NetEase, Yonghui Supermarket, JD.com, Dingdong Grocery Shopping, Daily Excellent Fresh and Meituan. (China Fund News)
Image source: China Fund News
NO.6 The fixed increase strategy is used by more and more fund managers in investment. Recently, bocom Schroder Fund announced that the three funds managed by He Shuai participated in the fixed increase of Jianlong Weina; the ruiyuan fund announced that the funds managed by Fu Pengbo, Zhao Feng and Rao Gang participated in the fixed increase of Huafeng Chemical; and the announcement of the Zhonggeng Fund, the two funds managed by Qiu Dongrong participated in the fixed increase of Jinhong Group; the Wells Fargo Fund also announced that the fund managed by Zhu Shaoxing participated in the non-public offering of Zhongjian Technology. (China Fund News)
NO.7 According to the website of the Central Commission for Discipline Inspection, Li Jiexiang, member of the Standing Committee of the Qinghai Provincial CPC Committee, deputy director of the Standing Committee of the Provincial People's Congress, and secretary of the party leading group, is suspected of serious violations of discipline and law and is currently under disciplinary review and supervision and investigation by the State Supervision Commission of the Central Discipline Inspection Commission. A week ago, Li Jiexiang also made a public appearance. According to the qinghai people's congress public account, on March 31, the 31st session of the Standing Committee of the 13th Qinghai Provincial People's Congress was held in Xining. Li Jiexiang presided over the first plenary meeting and the closing meeting.
NO.8 There are reports that Pelosi, speaker of the House of Representatives of the United States Congress, will lead a delegation to visit Taiwan. In this regard, Foreign Ministry spokesman Zhao Lijian said at a regular press conference held on the 7th that China firmly opposes this and has made solemn representations to the US side. China firmly opposes any form of official exchanges between the United States and Taiwan. If the US side insists on going its own way, China will certainly take resolute and effective measures to firmly safeguard national sovereignty and territorial integrity. All the consequences arising therefrom must be entirely borne by the US side. (CCTV News)
It was also reported that on April 7, local time, according to the office of Nancy Pelosi, speaker of the US House of Representatives, Pelosi tested positive for the new crown virus and currently has no symptoms. Pelosi's spokesman, Drew Hamill, declared in the latest updated tweet: "The plan for a congressional delegation led by Pelosi to travel to Asia will be postponed until a later date." (Comprehensive CCTV News, Global Network)
NO.9 Epidemic information
From 16:00 on April 6 to 16:00 on April 7, there were 7 new cases of local COVID-19 infection in Beijing, with a total of 25 cases of infection in the past 5 days, involving 4 independent transmission chains, and the possibility of recurrent cases cannot be ruled out. Beijing is in a critical period of epidemic prevention and control, and it is necessary to adhere to the general policy of "dynamic zero clearance".
On April 7, a number of Y-20 large transport aircraft landed at Shanghai Hongqiao Airport to support Shanghai's epidemic prevention and control work.
On April 7, Chen Tong, vice mayor of Shanghai, introduced at a press conference on epidemic prevention and control work that a white list of guaranteed supply and supply will be established, and wholesale markets, distribution centers, e-commerce warehouses, central kitchens and other outlets that strictly implement epidemic prevention and control measures will be unsealed. Allow courier brothers and other supply personnel who are not related to the epidemic to be sealed in the community to walk out of the sealing and control area and return to the supply guarantee post.
On April 7, the Shanghai Municipal Commission for Discipline Inspection reported two typical cases of poor epidemic prevention and control. Li Shuifei, former deputy secretary of the party committee and general manager of the fire emergency support department of Hongqiao Company, a subsidiary of Shanghai Airport Group, did not take responsibility and did not act in the prevention and control of the epidemic, and was dismissed from his party and administrative posts. Zhou Baoguo, deputy secretary of the party branch and president of the Huangpu District Mental Health Center, was dismissed from his party and administrative posts and subjected to further investigation and handling during the epidemic prevention and control work.
On April 7, according to yuhang's release, a few days ago, Guan xx, Zhang xx, Zhou xx, and others deliberately concealed the facts and failed to comply with the relevant epidemic prevention and control regulations, resulting in a risk of social transmission. Now Mr. Zhang has been diagnosed as an asymptomatic infected person with the new crown virus. At present, the three people have been investigated by the Yuhang District Bureau of the Hangzhou Municipal Public Security Bureau for suspected crimes of obstructing the prevention and control of infectious diseases.
Ecbbank President Lagarde announced through social media on the 7th local time that she was confirmed to be infected with the new crown virus on the same day. She will isolate herself at home and work remotely from now on. The overall operation of the ECB is not affected. (Comprehensive CCTV News)
NO.10 [The Situation in Russia and Ukraine] - Latest Developments
On April 7, EU High Representative for Foreign Affairs and Security Policy Borrelli said in Brussels that the 27 member states of the European Union are expected to reach a consensus on the proposal for the fifth round of sanctions against Russia issued by the European Commission at the latest, including measures such as banning coal imports from Russia.
On April 7, local time, the US Senate passed a bill banning oil and gas imports from Russia with 100 votes in favor and 0 votes against. The legislation prohibits the United States from importing oil, gas, coal and other energy products from Russia.
The Russian Ministry of Finance announced on the 6th that because the international financial institutions were instructed by the United States to refuse Russia to use the funds in its foreign exchange account to pay about 640 million US dollars of debt, Russia paid money to the holders of eurobonds in rubles for the first time.
The Russian Foreign Ministry issued a statement on its official website on the 7th, saying that the Russian side believes that the resolution on the suspension of Russia's membership in the UN Human Rights Council adopted by the UN General Assembly in New York on April 7 is an illegal and politically motivated step. Russia has decided to terminate its membership in the UN Human Rights Council early from April 7, 2022, the statement said. (Comprehensive CCTV News)
Market dynamics
According to Xinhua, the International Energy Agency announced that its members will release 120 million barrels of oil reserves in response to the impact of the Russian-Ukrainian conflict. Previously, the agency announced on March 1 that it had released 60 million barrels of oil reserves. WTI Crude Oil Futures for May closed down 0.21 percent at $96.03 a barrel. U.S. natural gas futures closed at $6.359/BMB, the highest closing price since December 2008.
According to CCTV news, the US Department of Labor released data on April 7 local time, and 166,000 people in the United States applied for unemployment benefits for the first time last week, a decrease of 5,000 people from the previous week. The three major U.S. stock indexes closed up slightly, with the Dow up 0.25%, the S&P 500 up 0.43% and the NASDAQ up 0.06%. The coal and pharmaceutical sectors rose the most, with Romaco Resources up more than 7 percent, Pfizer up more than 4 percent and Merck up more than 2 percent. Cannabis stocks, aviation stocks, and WSB concept stocks fell, with Aurora Marijuana falling more than 6%, Game Station falling more than 4%, China Southern Airlines, JetBlue Airlines falling more than 3%, and American Airlines falling more than 2%. Most of the popular Chinese stocks fell, with iQiyi falling more than 12%, Zhihu and Bilibili falling more than 8%, Ideal Auto falling more than 4%, and Alibaba and JD.com falling more than 3%.
Major European stock indexes closed down, with Germany's DAX30 down 0.52%, Britain's FTSE 100 down 0.47%, France's CAC40 down 0.57%, and Europe's Stoxx 50 down 0.65%.
NO.1 Jingdong Group: On April 7, Liu Qiangdong stepped down as CEO of JD.com on the Weibo hot search list. On the same day, Jingdong Group announced that President Xu Lei will succeed Liu Qiangdong as CEO of Jingdong Group, responsible for daily operation management, and report to Liu Qiangdong. Liu Qiangdong continues to serve as the chairman of the board of directors of JD.com, and he will devote more energy to long-term strategic design, major strategic decision-making and deployment, the cultivation of young leaders and the revitalization of rural areas. (per synthesized)
Image source: Weibo screenshot
NO.2 Tesla: Since April 7, Tesla has recalled some imported and domestically produced Model 3 electric vehicles from January 11, 2019 to January 25, 2022, totaling about 127,800 units, of which 34,200 model 3 vehicles were imported and about 93,600 domestic Model 3 vehicles were imported. There may be minor manufacturing differences in the rear motor inverter power semiconductor components of vehicles within the scope of this recall, and the component manufacturing differences after some vehicles have been used for a period of time may cause the rear inverter to fail, resulting in the inverter not being able to control the current normally. (State Administration for Market Regulation website)
NO.3 Huawei: On April 6, the Huawei Employee Forum Voice Community released a meeting minutes of the "Patent Licensing Business Report" issued by Ren Zhengfei. The minutes pointed out that Huawei should continue to play a role in protecting the security of the company's global business and lay the image of Huawei as an innovator through reasonable fees. According to the minutes, "patent fees cannot be charged for the sake of charging; nor can they be too low." According to the data, by the end of 2021, Huawei has more than 45,000 valid authorized patents (more than 110,000) worldwide, and more than 90% of the patents are invention patents. (Securities Times)
NO.4 Sunshine Insurance: Recently, the Csrc announced the progress of Sunshine Insurance Group's "Approval of Overseas Initial Public Offering of Shares", showing that the current progress has reached the stage of receiving materials. It is reported that Sunshine Insurance Group plans to list on the Hong Kong Stock Exchange. According to the group's 2020 annual report, its insurance business revenue for the whole year of 2020 was 92.569 billion yuan, an increase of 5.30% year-on-year. At the end of 2020, the total assets of the group exceeded 400 billion yuan, reaching 405.481 billion yuan. (Daily Economic News)
NO.5 Capital Securities: On April 7, the Beijing Securities Regulatory Bureau ordered Beijing Capital Securities to correct regulatory measures. The company experienced a partial disruption of its centralized trading system on May 18, 2021, affecting a total of approximately 20 minutes of trading hours. According to the relevant regulations, the incident reached the standard of a large information security incident. Afterwards, after an investigation by the Beijing Securities Regulatory Bureau, the company did not truthfully report the improper handling of the emergency in the first report. The above problems reflect the shortcomings in the company's information security management and information security incident response, which violate relevant regulations. (Daily Economic News)
NO.6 Penguin E-sports: On April 7, Tencent's game live broadcasting platform Penguin E-sports announced that new user registration, new anchors and new guilds will be closed and recharged from now on. On June 7, all functions of related products were stopped and removed from the app store, officially stopping operations. (Securities Times)
NO.7 BUFFETT: Buffett's Berkshire Hathaway disclosed on Wednesday that Buffett bought 11.1336 million shares of Hewlett-Packard for a total price of $399 million (about 2.534 billion yuan) from April 4 to 6. So far this year, he has bought $4.2 billion worth of Hewlett-Packard stock. As of the close, HP was up 14.78%. (China Securities News)
NO.8 Amazon: Recently, Amazon announced that it has signed an agreement with the United Launch Alliance (ULA) of the United States, Arianespace in Europe, and Blue Origin, owned by Amazon founder Jeff Bezos, to launch 83 times and send Amazon satellites to the Internet. Amazon said in a statement that these launch partners will provide heavy launch services within 5 years, which is also the largest commercial purchase of launch services ever. (The Paper)
NO.9 Makihara shares: "Pig Mao" Makihara shares announced on the evening of April 7 that the company's actual controller and chairman Qin Yinglin short-term trading company convertible bonds violated relevant regulations, and the proceeds obtained more than 86 million yuan were all handed over to the company. Another executive, Xu Shaotao, also traded convertible bonds short-term, and the proceeds of 69,000 yuan were also collected by the company.
NO.10 Gigabit: The operating income of "Game Mao" Gigabit in 2021 was about 4.619 billion yuan, an increase of 68.44% year-on-year; the net profit attributable to the shareholders of the listed company was about 1.468 billion yuan, an increase of 40.34% year-on-year. The company intends to pay a cash dividend of 160 yuan (including tax) for every 10 shares, which is rare in the A-share dividend comparable to Moutai, and the annual dividend of Moutai in 2020 is 192.93 yuan per 10 shares.
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On April 7, northbound funds sold a net of 609 million yuan. Haier Zhijia, Oriental Wealth and LONGi shares were net sold for 179 million yuan, 140 million yuan and 130 million yuan respectively. CATL's net purchases ranked first with a net purchase of RMB401 million.
On April 7, the total net outflow of southbound funds was HK$934 million. Tencent Holdings, China Resources Beer and Industrial and Commercial Bank of China were net sold hk$525 million, HK$289 million and HK$206 million respectively, while CNOOC received net purchases of HK$410 million against the trend.
Bohai Securities: This week, the mood of the food and beverage sector has been slightly repaired, but the overall sector is still weak due to the impact of the epidemic. Since the beginning of the year, the sector has continued to be affected by northbound capital outflows, upward cost pressures and epidemic disturbances, and the overall performance of the sector has been poor. However, as the sector continues to decline, it should also be noted that the valuation of some high-quality segments has a long-term allocation price. In terms of sectors, it is still recommended to pay attention to high-end liquor with stronger certainty, exchange time for space, and pay attention to the sub-high-end of the continuous expansion of the market. In terms of mass products, it is still recommended to prefer the dairy industry, where the cost is determined to decline during the year, and the beer sector, which currently has a relatively better competitive landscape and smoother pressure transmission. In summary, the industry is temporarily given a "neutral" investment rating, and Wuliangye, Jinshiyuan, Fuling Cai cai, Chongqing Beer and Yili shares are recommended.
Per reporter: Chen Qing
Per editor: Hu Ling, Zhang Xiwei
Disclaimer: The content and data of the article are for informational purposes only and do not constitute investment advice. Investors operate accordingly at their own risk.
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