Super central bank week, tonight, with the release of the US CPI data for March, a little more than expected 3.4%, up 3.5% year-on-year. The global capital market immediately collapsed in fright, but any index you can think of was like a waterfall in an instant, the three major index futures of U.S. stocks fell rapidly, and the Nasdaq 100 index futures fell more than 1%. The U.S. dollar index jumped about 50 points in the short term, the RMB exchange rate dived rapidly, and the European stock markets that were opening were all diving rapidly. Subsequently, the three major U.S. stock indexes opened sharply lower by more than 1%, but it didn't take long for many European stock indexes to begin to recover and slowly recover, partially turning from falling to rising, and the decline of the three major U.S. stock indexes also narrowed slightly. It is difficult to predict whether the three major US stock indexes will eventually turn red, but it is expected that the decline will narrow, after all, it has been expected. And whether tomorrow's A-shares will be affected, and what big news in the market this evening is worth paying attention to, let's briefly sort it out.
1. Institutions say that IPO to Hong Kong stocks may become a trend It is expected that 80 new stocks will be listed within the year
There is no place to stay here, there is a place to stay here. This is the current situation of IPO companies that are depressed in the A-share market, saving the country and turning to the Hong Kong stock market.
Institutions said that IPO to Hong Kong stocks may become a trend, and it is expected that 80 new stocks will be listed this year.
Deloitte China Capital Market Services Group (CMSG) recently released a report on the issue. The reasons why mainland enterprises have switched to the Hong Kong stock market are, first, that domestic IPOs are tight, and second, that the entrance to IPOs is strict, and it is very difficult to get through the listing in a muddle like in the past.
Of course, listing on the Hong Kong stock market does not mean that the standard of listing in the Hong Kong stock market is necessarily lower than that of A-shares, after all, Hong Kong is not like the mainland, there will not be a large number of companies queuing up to list, in the mainland market, even if all indicators meet the listing standards, at least have to wait in line for a long time. In the context of the sharp tightening of IPOs, who knew that it would be possible to go on until the Year of the Monkey, so they simply chose to list in Hong Kong. It can not only save the time of listing, but also reduce the pressure of A-share IPO expansion.
But in any case, the overall trend of the Hong Kong stock market in recent years has been worse than that of A-shares due to the withdrawal of foreign capital. With the increasing number of Hong Kong listed companies, the overall trend is not ideal. Hong Kong A pair of sympathetic brothers, no matter which market is listed, the key is to import high-quality listed companies, if the overall quality is too poor, in the short term to alleviate the financing problem of enterprises, will eventually harm the overall capital market.
2. The US CPI rose by 3.5% year-on-year in March, higher than expected
The US CPI data for March, which is concerned by the global capital market, was released, up 3.5% year-on-year.
As soon as the data was released, many of the world's indices looked like they had taken laxatives, which was really disgusting. You are helpless, it seems that the Federal Reserve's monetary policy has too much impact on the world, and the United States has not cut interest rates in order to curb inflation, which can make many countries around the world miserable. The currency has depreciated a lot, how can I live these days, looking forward to cutting interest rates every day. As soon as the key data comes out, the interest rate cut in June is in vain, but I don't know if the interest rate can be cut within the year, of course, the possibility of raising interest rates is unlikely, and it will not be as evil as JPMorgan Chase warned, and the interest rate will dry to 8%. At that time, it was completely a thousand kills and eight hundred.
As of press time, many European stock markets have turned red from green, the RMB exchange rate has fluctuated around 7.25, and the decline of the three major U.S. stock indexes has also narrowed slightly. If the U.S. stock market still falls sharply, there is a high probability that A-shares will open sharply lower tomorrow morning and then smash and pull up, after all, our monetary policy is not on the same level, and we have nothing to fear. But you have to give the Fed some face.
3. China Securities Regulatory Commission: Fully implement the work requirements of strictly cracking down on illegal securities activities in accordance with the law, crack down on violations of laws and regulations in the capital market with "zero tolerance", and severely punish market chaos such as fraudulent issuance and financial fraud
The China Securities Regulatory Commission issued such news at this time, with obvious intentions, to constantly give everyone a briefing, so that everyone can build confidence in the capital market, believe in policies, and believe in the power of supervision. We must not relax in the slightest degree in strengthening supervision and control over the capital market, and we will certainly grasp it tightly. We will make greater efforts to rectify the key problems that will affect the market in the long run, and it will not be a gust of wind. Rather, it grows with the capital market. It is believed that the construction of the legal system of the capital market will become stricter and stricter, and it will never give up halfway. At the same time, it also constantly sounded the alarm for those individuals and institutions who have bad tendencies and violations of laws and regulations, and finally went from not daring to violate laws and regulations to not wanting to violate laws and regulations. The biggest problem in the capital market is the lack of confidence, and the supervision continues to convey confidence to investors, and investors have indeed seen the efforts made by the village, and the multi-dimensional implementation, I believe that it will change from quantitative to qualitative.
3. Rumors of huge redemption on the hot search continue to ferment
It is said that the quantitative fund has suffered a huge redemption, and the relevant company has responded twice, but the first response was quickly deleted, and then it didn't take long for the second response, and the language was particularly cautious, in short, it means that the normal redemption is the behavior of a single fund, and there is no large-scale redemption, and the rumor-mongers should be held accountable.
From my understanding, there are redemptions, and there are no redemptions that exceed expectations.
4. Seven departments including the central bank: further strengthen financial support for green and low-carbon development
In the context of a low-carbon economy, increasing financial support for green and low-carbon development will definitely bring investment opportunities in the short term. Yesterday, seven departments jointly issued the "Implementation Plan for Promoting the Renewal of Equipment in the Industrial Field", and the concept of industrial machine tools rose sharply in today's weak market, and it is believed that the probability of a low-carbon concept rise on Thursday is greater.
In short, the US CPI data was released, slightly exceeding expectations. Whether to cut interest rates or not has little impact on us, domestic interest rate cuts are a general trend, regardless of whether you cut interest rates in U.S. stocks or not. In the short term, it is more likely that A-shares will open low tomorrow and then pull up. Today's plunge largely overdraws tomorrow's decline.