laitimes

Xinhua Financial Morning Post: May 7

author:Xinhua Finance
Xinhua Financial Morning Post: May 7

【Key Focus】

• The central government will support the demonstration work of urban renewal

• The safety technical specifications for lithium-ion batteries for electric bicycles were officially implemented on November 1

• During the "May Day" holiday, the national postal express industry collected 4.032 billion express parcels

•Shenzhen sub-district optimizes the housing purchase restriction policy

【Domestic News】

•The General Office of the Ministry of Finance and the General Office of the Ministry of Housing and Urban-Rural Development recently issued a notice clarifying that from 2024, the central government will innovate ways and means to support some cities to carry out urban renewal demonstration work, focusing on supporting the renewal and transformation of urban infrastructure, further improving urban functions, improving urban quality, improving the living environment, promoting the establishment of good communities and urban areas, and promoting the transformation of urban infrastructure construction from "whether there is" to "whether it is good or not".

•The mandatory national standard "Safety Technical Specifications for Lithium-ion Batteries for Electric Bicycles" (GB 43854-2024) drafted by the Ministry of Industry and Information Technology has been issued by the State Administration for Market Regulation (National Standards Committee) and will be officially implemented on November 1, 2024.

•According to the monitoring data of the State Post Bureau, during this year's May Day holiday, the national postal express industry collected 4.032 billion express parcels. Among them, 1.999 billion express parcels were collected, with an average daily delivery volume of 32.7% year-on-year, and 2.033 billion express parcels were delivered, with an average daily delivery volume of 28.6% year-on-year.

• According to the relevant person in charge of the Ministry of Commerce, in the first quarter of this year, the bilateral trade volume between China and Russia was 56.68 billion US dollars, a year-on-year increase of 5.2%, continuing to maintain a good momentum of development. The trade structure continued to improve, and cooperation in emerging areas such as trade in services and cross-border e-commerce gained strong momentum.

•The Ministry of Human Resources and Social Security announced on the 6th that it clearly launched a package of phased and combined unemployment insurance policies to help enterprises stabilize jobs, extending the policy of reducing unemployment insurance rates to 1% until the end of 2025, and continuing to implement the policy of stabilizing jobs and returning jobs to the end of 2024 for insured enterprises that do not lay off employees and reduce layoffs.

• On May 6, the People's Bank of China publicized a number of typical cases of refusing to accept RMB cash.

• According to the People's Bank of China, collateral supplementary loans (PSL) continued to shrink. In April, China Development Bank, Export-Import Bank of China and Agricultural Development Bank of China repaid a net of 343.2 billion yuan of supplementary mortgage loans, and the balance of supplementary mortgage loans at the end of the period was 3,026.9 billion yuan.

•The National Data Bureau announced on the 6th that the 2024 "Data Element ×" competition organized by the National Data Bureau and relevant departments will be officially launched in the near future, which is the first national competition focusing on the development and application of data elements in China.

•The reporter learned from the Beijing Municipal Development and Reform Commission on the 6th that the "Key Points of Beijing's Comprehensive Optimization of the Business Environment in 2024" recently issued by the Beijing Municipal Government proposed that it will focus on innovation and industrial collaboration, and comprehensively promote the optimization and improvement of the Beijing-Tianjin-Hebei business environment around key areas such as commercial systems, regulatory law enforcement, and government services, and the three places will add more than 100 "regional general office" government service items.

•The Shenzhen Municipal Bureau of Housing and Construction issued the Notice on Further Optimizing the Real Estate Policy to further optimize the real estate policy in terms of optimizing the housing purchase restriction policy by district, adjusting the policy for enterprises and institutions to purchase commercial housing, and improving the facilitation of second-hand housing transactions.

•The Shanghai and Shenzhen Stock Exchanges recently announced the adjustment of the list of Hong Kong Stock Connect ETFs, and 2 ETFs were included in the Hong Kong Stock Connect, including GX Hang Seng High Dividend Yield ETF and ChinaAMC Hang Seng ESG ETF, which will take effect on May 6. This adjustment is the first expansion of the list of Hong Kong Stock Connect ETFs this year, and the seventh expansion since the launch of ETF Connect. At present, the total number of all ETF Connect products has reached 152, of which the total number of Hong Kong Stock Connect ETFs has reached 10.

•The Shenzhen Stock Exchange disclosed that Zhengdan shares rose by 125.3% from April 18 to May 6, and during the period of serious abnormal increases, natural persons bought 8.839 billion yuan, accounting for 95.81%, of which small and medium-sized investors bought 6.180 billion yuan, accounting for 66.99%. Institutional investors bought 387 million yuan, accounting for 4.19%.

•According to data from the National Energy Administration, 45.74 million kilowatts of new grid-connected capacity of photovoltaic power generation was added in the first quarter of 2024, and the cumulative grid-connected capacity was 659.5 million kilowatts by the end of March 2024.

【International News】

• Egypt's Cairo News TV reported on the 6th, citing high-level sources in Egypt's intelligence services, that the Egyptian delegation responsible for mediating the ceasefire in the Gaza Strip received a "positive response" from the Palestinian Islamic Resistance Movement (Hamas) and Israel on the same day. The Palestinian Islamic Resistance Movement (Hamas) issued a statement on the 6th, announcing that it agreed to the mediator's proposal for a ceasefire in the Gaza Strip.

•The Boao Forum for Asia Riyadh Conference was held in Riyadh, the capital of Saudi Arabia, on the 6th. Saudi Energy Minister Abdulaziz bin Salman said in the dialogue session at the opening ceremony that the energy transition is very necessary and urgent for Saudi Arabia, the future global oil and gas supply will be reduced, the use of fossil energy will also be reduced, Saudi Arabia will focus on renewable energy power generation and other fields.

【List of domestic and overseas markets】

Xinhua Financial Morning Post: May 7

【Announcement of Listed Companies】

Xinhua Financial Morning Post: May 7

【Economic Data and Dynamics (Beijing Time)】

Xinhua Financial Morning Post: May 7

Editor: Zhang Yao

Statement: Xinhua Finance is a national financial information platform undertaken by Xinhua News Agency. In any case, the information published on this platform does not constitute investment advice. If you have any questions, please contact customer service: 400-6123115