Today's highlights
Economic Observer Network News On October 16, the financial news and capital market events that will be focused on:
1. The Taiwan Affairs Office of the State Council will hold a press conference to answer reporters' questions on recent cross-strait hot issues
At 10 a.m. on October 16, the Taiwan Affairs Office of the State Council will hold a regular press conference at which the spokesman will answer reporters' questions on recent cross-strait hot issues.
2. Ministry of Commerce: From October 16, anti-dumping duties will continue to be levied on imported hydroiodic acid originating in United States and Japan
On October 15, the Ministry of Commerce issued an announcement that, in accordance with Article 50 of the Anti-dumping Regulations, the Ministry of Commerce submitted a proposal to the Customs Tariff Commission of the State Council to continue to implement anti-dumping measures based on the results of the investigation, and the Customs Tariff Commission of the State Council made a decision based on the recommendations of the Ministry of Commerce to continue to impose anti-dumping duties on imported hydroiodic acid originating in United States and Japan from October 16, 2024, with an implementation period of 5 years.
3. John Lee will deliver his 2024 Policy Address
At 11 a.m. on October 16, the Chief Executive of the Hong Kong Special Administrative Region, John Lee, will deliver the 2024 Policy Address. It has been reported that John Lee will announce a number of measures to consolidate Hong Kong's status as a global financial centre when he delivers his Policy Address.
4. The 2024 Bay Area Semiconductor Industry Ecological Expo will be held
From October 16th to 18th, the 2024 Bay Area Semiconductor Industry Ecological Expo will be held in Shenzhen. The exhibition has six professional exhibition areas, including wafer manufacturing, packaging and testing, compound semiconductors, and automotive semiconductors, and more than 20 cutting-edge technology forums, with more than 400 domestic and foreign companies participating.
5. Today's 1 new stock subscription: GEM New Aluminum Era
On October 16, a total of 1 new shares were subscribed, which is the new aluminum era of the GEM. The IPO price of the new aluminum era is 27.70 yuan per share, the issue price-earnings ratio is 14.57 times, a total of 23.9736 million shares are issued, and 6.832 million shares are expected to be issued online. The company is mainly engaged in the research and development, production and sales of aluminum alloy parts for battery systems of new energy vehicles.
6. Today's 1 new stock listing: large shares on the GEM
On October 16, a total of 1 new shares were listed, which was a large share of the GEM. The initial IPO price of Shangda shares was 6.88 yuan per share, and the issue price-earnings ratio was 20.02 times, with a total of 92,966,667 shares issued and 37,187,000 shares issued online. The company is mainly engaged in the research and development, production and sales of high-temperature and high-performance alloys, high-quality special stainless steel and other special alloy products.
7. The ban on restricted shares with a market value of 2.963 billion yuan was lifted today
On October 16, a total of 7 companies lifted the ban on restricted shares, with a total of 140 million shares, and a total market value of 2.963 billion yuan according to the latest closing price.
From the perspective of the amount of unbanned, the number of shares lifted by 2 companies exceeded 10 million shares. Shiyun Circuit, Canneng Power, and Soft Control are among the top in terms of the number of shares lifted, with 118 million shares, 16.1003 million shares, and 4.684 million shares respectively. From the perspective of the market value of the lifting of the ban, the number of shares released by the two companies exceeded 100 million yuan. The market value of Shiyun Circuit, Canneng Power, and BDStar ranked first, with a market value of 2.76 billion yuan, 122 million yuan, and 37.3446 million yuan respectively. From the perspective of the proportion of the number of shares lifted to the total share capital, the proportion of 2 companies lifted exceeds 10%. Canneng Power, Shiyun Circuit, and Soft Control have the highest lifting ratios, with 17.87%, 17.72%, and 0.46% respectively.
8. 21 companies disclosed the progress of repurchases
On October 16, a total of 21 companies issued announcements related to share repurchases. Among them, 5 companies disclosed their share repurchase plans for the first time, 2 companies' repurchase plans were approved by the general meeting of shareholders, 4 companies disclosed the progress of stock repurchase implementation, and 10 companies have completed the implementation of their repurchase plans.
Judging from the first disclosure of the repurchase plan, a total of 1 company's share repurchase plan exceeded 10 million yuan on the same day. Zhixiang Jintai-U, Jiadu Technology, and Yifeng Pharmacy have the highest repurchase plans, with plans to repurchase no more than 40 million yuan, 1.6971 million yuan, and 346,000 yuan respectively. Judging from the repurchase plan approved by the general meeting of shareholders, a total of 1 company repurchase plan exceeded 10 million yuan on the same day. Nearshore protein and Soling have the highest repurchase amount, with plans to repurchase no more than 20 million yuan and 731,700 yuan respectively. From the perspective of the progress of the implementation of the repurchase, Fangda Carbon, Del Future, and Lichen Industrial have the highest repurchase amount, repurchasing 601 million yuan, 29.5295 million yuan, and 18.3133 million yuan respectively.
9. Today, 789 billion yuan of 1-year medium-term lending facility (MLF) and 61 billion yuan of 7-day reverse repo expire
On October 16, 2023, the People's Bank of China (PBOC) launched a one-year medium-term lending facility (MLF) operation of 789 billion yuan, with a winning interest rate of 2.5%; On October 9, 2024, the central bank launched a 7-day reverse repurchase operation of 61 billion yuan, with an operating interest rate of 1.50%, all of which expire today.
10. United States import price index for September, Italy CPI annual rate for September and other data will be released.
Compiled by Wang Junyong, editor of the Economic Observer Network