The real estate sector continues to erupt, and A-shares get rid of three consecutive yin! The National Development and Reform Commission wrote about real estate

Southern Metropolis Daily

2024-05-16 16:49Posted on the official account of Guangdong Southern Metropolis Daily

Image from Straight Flush.

On May 16, the three major A-share indexes rose collectively, bidding farewell to the previous "three consecutive yin". As of the close, the Shanghai Composite Index rose 0.08%, the Shenzhen Component Index rose 0.21%, the ChiNext Index rose 0.29%, the Beijing Stock Exchange 50 Index fell 0.58%, and the turnover of the three markets in Shanghai, Shenzhen and Beijing was 850.5 billion yuan, of which 847.8 billion yuan in Shanghai and Shenzhen, an increase of 86.7 billion yuan from the previous day. More than 2,800 stocks rose in the two cities.

In terms of plate themes, real estate, building materials and furniture, copper cable high-speed connection, scenic spots, tourism, CPO, and banking sectors are among the top gainers; Port shipping, automobiles, electricity, biological products, and small household appliances were among the top decliners.

Image from Straight Flush.

On the disk, the real estate sector continued to rise, Zhongtian Service (002188), Nandu Property (603506), I love my home (000560), World Union Bank (002285), Hefei Urban Construction (002208), Binjiang Group (002244) and other shares rose to the limit, Vanke A, China Fortune (600340), Chengtou Holdings (600649) and other top gainers. On the news side, hot cities such as Chengdu, Hangzhou, and Xi'an have completely canceled purchase restrictions, and first-tier cities such as Shenzhen have also partially relaxed purchase restrictions.

Image from Straight Flush.

The concept of copper high-speed connection is strong today, Chuangyitong (300991), Huamai Technology (603042) rose by the limit, Shenyu shares (300563) rose by more than 10%, Wall Nuclear Materials (002130), Zhaolong Interconnection (300913), Dingtong Technology and other companies rose sharply. On the news side, the US CPI data fell as scheduled. Technology stocks collectively rose, with Nvidia rising more than 3%. The GB200 chip previously released by NVIDIA uses copper cables to connect into a major highlight.

The banking sector fluctuated and rose, with Bank of Ningbo, Bank of Suzhou (002966), and China Merchants Bank rising more than 3%, and Ping An Bank, Ruifeng Bank (601528), and Industrial Bank following suit.

The shipping concept fluctuated and fell today, with China Merchants Shipping (601872) falling more than 8% intraday, COSCO Shipping Energy (600026), Phoenix Shipping (000520), Ningbo COSCO (601022), etc. Many shares in the power sector fell and adjusted, Xichang Electric Power (600505) fell more than 6%, Huadian International (600027), Datang Power (601991), Ganneng (000899), Guiguan Power (600236) and other shares fell to varying degrees.

Message plane

National Development and Reform Commission: Strengthen economic security capacity guarantee and accelerate the construction of a new model of real estate development

The party group of the National Development and Reform Commission of the Communist Party of China wrote an article in the magazine "Qiushi" that it is necessary to strengthen the guarantee of economic security capabilities. Improve the supervision system for real estate enterprises, promote the construction of affordable housing, accelerate the construction of a new model of real estate development, and promote the steady and healthy development of the real estate market. Coordinate the resolution and stable development of local debt risks, establish a long-term mechanism for preventing and resolving local debt risks, and establish a government debt management mechanism that is compatible with high-quality development. Comprehensively strengthen financial supervision, improve the risk disposal responsibility mechanism with consistent rights and responsibilities, and improve the basic system of the investor-oriented capital market. Strengthen security capacity building in key areas, improve the coordinated guarantee mechanism for grain production, purchase, storage, and marketing, accelerate the planning and construction of a new energy system, accelerate the construction of a data-based system, and build a large country reserve system, so as to effectively maintain the security and stability of industrial and supply chains.

State-owned Assets Supervision and Administration Commission: State-owned capital investment companies should focus on strategic emerging industries and future industries to be long-term capital, patient capital, and strategic capital

On May 15, Zhang Yuzhuo, Secretary of the Party Committee and Director of the State-owned Assets Supervision and Administration Commission of the State Council, visited the State Development and Investment Group Co., Ltd. for investigation. Zhang Yuzhuo emphasized that it is necessary to focus on strategic security, industrial leadership, national economy and people's livelihood, public services and other fields, focus on strategic emerging industries and future industries, take the national industrial policy and market as the guide, select key investment areas, be a good long-term capital, patient capital, strategic capital, and be a leader in industrial investment and an investor with sustainable returns. It is necessary to embody a clear stand on politics in shouldering the responsibilities and missions of the enterprise, solidly carry out party discipline study and education, connect the inspection and rectification with the implementation of key tasks of reform and development, have the courage to face up to contradictions, and promote the comprehensive and strict governance of the party to the continuous in-depth development of the enterprise.

Wu Qing, chairman of the China Securities Regulatory Commission: Resolutely remove "zombie enterprises" and black sheep from the market

According to the website of the China Securities Regulatory Commission, Wu Qing, chairman of the China Securities Regulatory Commission, said in his speech at the 2024 "5.15 National Investor Protection Publicity Day" event that he would further promote the improvement of the quality of listed companies. Listed companies are the foundation of the market and the source of investment value. From the "entrance" of listed companies to continuous supervision and then to the "export", more stringent institutional arrangements are being established. The purpose is to resolutely keep counterfeiters out, implement the requirements of openness and transparency in the whole process of corporate information disclosure, integrate the concept of respecting investors and rewarding investors into various mechanisms of corporate governance, and resolutely remove "zombie enterprises" and black sheep from the market. As the "key minority", the controlling shareholders, actual controllers, and directors, supervisors and senior executives must stand up to the front and shoulder their responsibilities. At the same time, we will adapt to the needs of the development of new productive forces, optimize institutional arrangements such as issuance and listing, mergers and acquisitions, and equity incentives, and support those companies with innovation and development potential to accelerate their efforts to become better and stronger, not only to support the healthy growth of high-quality emerging enterprises, but also to support the transformation and upgrading of high-quality traditional enterprises, so that investors can better share the fruits of high-quality economic development.

WuXi AppTec: Strongly oppose the unreasonable definition of a company in the draft of the U.S. Biosecurity Act

WuXi AppTec announced that the company understands that a committee of the U.S. House of Representatives voted to report to the House of Representatives a draft piece of legislation numbered H.R. 8333 on May 15. However, despite the fact that U.S. government agencies already have procedures for assessing national security concerns, draft H.R. 8333 retains WuXi AppTec's corporate name in the definition of "biotechnology companies of concern," and the company strongly opposes this preconceived and unreasonable definition without due process. We strongly believe that WuXi AppTec has not, is, and will not pose a national security risk to the United States or any other country in the past, and that the company has not been subject to any sanctions imposed by U.S. government agencies. The Company also reiterates that WuXi AppTec does not have a human genomics business and that the Company's existing businesses do not involve the collection of human genomics data in the United States, China, or any other region.

Information sources: Straight Flush, CSRC website, SASAC website

Written by: Nandu reporter Shi Li

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