China Securities News
Equity pledge of many companies "margin call" Brokers are expected to have an overall controllable risk
"Recently, the price of the stock pledged by our customers has touched the warning line almost every day in our company, but the case of forced liquidation is very rare." A brokerage asset manager said. Recently, the price of some stocks has fallen sharply, triggering some equity pledges to touch the early warning line. On May 25, Gao Weida, Nori shares and other listed companies issued a supplementary pledge announcement disclosing that the controlling shareholder made a supplementary pledge to the previous stock pledge. Several companies have previously issued such announcements. Securities asset managers said that the overall risk of equity pledge is controllable.
The report said that the capital brand value of A-share companies fell by 28.98% this year.
The Market Value Management Research Center of China Listed Companies recently released the "2017 Annual Capital Brand Evaluation Report of China's Listed Companies". According to the report, the capital brand value of the 2392 A-share listed companies that entered the evaluation sample totaled 3,747.9 billion yuan in 2017, down 28.98% from 5,277.3 billion yuan in 2016. Among them, Guizhou Moutai Group, Midea Group and Yangtze River Power ranked in the top three in terms of capital brand value.
Fang Xinghai: Continue to promote the preparation for the listing of stock index options
Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said in his speech at the 14th Shanghai Derivatives Market Forum on the 25th that the CSRC is currently accelerating the listing of crude oil futures, the listing of cotton yarn and pulp has been actively prepared, and the listing of pigs, apples, red dates and other services "three rural areas" and new varieties with distinct regional characteristics are also being studied and promoted. Under the premise of the smooth operation of soybean meal and sugar options, the CSRC will gradually expand the variety of commodity options and continue to promote the preparation for the listing of stock index options. Under the background of accelerating the opening up of financial markets, the CSRC is also actively studying the plan for introducing foreign investors in financial futures.
A number of media companies reported good results
According to the data, as of May 25, among the 111 listed companies in the Shenwan media industry, 31 have disclosed the interim performance forecast, of which 17 have pre-increased or continued profits, 8 have increased slightly, and 1 has turned around losses, with a pre-happiness ratio of 84%. From the perspective of the lower limit of net profit growth, there are 5 companies with performance pre-increase of more than 100%, namely Oriental Network, Beiwei Communications, Zhongnan Culture, Tianshen Entertainment and Focus Technology.
Shanghai Securities News
The supervision of the new third board is becoming stricter, and the "1 yuan type" is bound to increase and become difficult to achieve
Since the beginning of this year, only 18 listed companies on the New Third Board have issued a "1 yuan" fixed increase plan, and only 3 have completed the implementation, which can be described as a significant reduction compared with previous years; there are three companies such as Ammins, Yonghong Electric and Zhongzhuo Shares, and finally terminated the issuance of "1 yuan" fixed increase. According to a senior person in the financing department of the New Third Board of a securities company in East China, "According to the spirit of the latest opinions of the share transfer system, the general principle of the new third board is that it cannot be issued below the net asset price per share, nor can it be lower than the last issue price." ”
Zuo Xiaolei: The establishment of a long-term governance mechanism for the property market should expand the pilot project of real estate taxation
Zuo Xiaolei believes that it is time to fully evaluate the pilot of the previous real estate tax system. In order to sum up the experience and expand the pilot as soon as possible. The long-term failure of the real estate tax system may make the problems in the real estate market more difficult to return. The new part of real estate tax revenue is the best way to compensate local governments that are financially tight due to changes in land finances, and it will also enhance the willingness of local governments to abandon land finances and accelerate the pace of rationalizing the distorted housing price formation mechanism. It is logical that consideration should also be given to the introduction of corresponding renewal provisions after the expiration of the 50-year and 70-year land use periods as soon as possible.
Crude oil futures listing schedule is becoming clear in June to launch a market-wide simulation transaction
At the "14th Shanghai Derivatives Market Forum" held on the 25th, the listing of crude oil futures once again attracted attention. Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said that the CSRC is speeding up the listing of crude oil futures.
The probability of opening a structural rebound is large to form a double bottom
This week, the A-share market adjusted to near the previous lows, and then launched an oversold rally. The bottoming out of the ground volume shows that the market bulls and bears have entered a relatively balanced stage, and the short-term killing momentum has weakened, but it still needs to be further sustained to maintain market sentiment. We believe that in the context of the existence of stage uncertainties and the game of stock funds, it is difficult to significantly improve the risk appetite of funds, and the industry sector lacks the basis for sustained strengthening and sharp rebound, but the Shanghai index has strong support near the 3000 point integer mark, and the market's willingness to oversold and rebound has begun to rise.
BOE A blockbuster Flexible AMOLED breaks the overseas monopoly
As one of the core subsidiaries of BOE A, Chengdu BOE Optoelectronics Technology Co., Ltd., located in Chengdu High-tech Zone, has recently become the focus of attention in the industry, and various investment institutions and industrial peers have come to inspect its first domestic 6-generation flexible AMOLED production line and related products recently put into production, because it has broken the monopoly of foreign manufacturers in the field of flexible AMOLED, and further opened up the imagination space for the company's future development.
Securities Daily
Multiple positives have boosted the rise of the nuclear power sector
The State-owned Assets Supervision and Administration Commission of the State Council and CNNC jointly held a press conference on the lifting of the world's first demonstration project "Hualong No. 1" on May 24. At the meeting, it was revealed that the dome of Fuqing Nuclear Power Unit 5, which is the world's first demonstration project of "Hualong No. 1", will be hoisted, which marks a milestone in the industrial construction of "Hualong No. 1" with a planned construction period of 62 months. Industry insiders said that throughout 2017, relying on policy support, whether it is production and operation or performance performance, nuclear power is an industry with deterministic growth, and institutions are generally optimistic about investment opportunities in the nuclear power sector.
The increase in circulating market value by 310.4 billion yuan shows the determination of the main force
Yesterday, the top three industries (Shenwan level) in terms of circulating market value growth were banks, non-bank finance and mining, and the total circulating market value of the three industries increased by 310.4 billion yuan, becoming the most profitable three types of industries in the market. Analysts said that after nearly two bottoming out of A shares, the trend of stabilization has begun to appear, and to maintain a strong force, it is necessary to have a profit-making effect to help the popularity gather, and you can pay attention to related sectors.
QFII and RQFII investment amounts increased sequentially in April
According to recent data released by the State Administration of Foreign Exchange, as of April 26, 2017, a total of US$90.764 billion of qualified foreign institutional investors (QFII) investment quota was approved, compared with US$90.264 billion at the end of the previous month, an increase of US$500 million month-on-month; at the end of April, a total of RMB qualified foreign institutional investors (RQFII) investment quota was APPROVEd 542.004 billion yuan, compared with 541.404 billion yuan at the end of the previous month, an increase of 600 million yuan month-on-month.
Preview: The Global Blockchain Technology Development Forum is about to be held
The "Global Blockchain Technology Development Forum" led by the China Academy of Information and Communications Technology will be held on May 27, 2017 during the Guiyang Digital Expo, with the theme of "Gathering Wisdom, Focus, and Building", to deeply interpret the current situation, development trend and commercial application landing of global blockchain technology.
Long-term coal prices in June are likely to meet the biggest decline in the year
Since May, coal prices have been in a state of decline due to the low season of coal consumption, and the multi-pronged efforts of the National Development and Reform Commission and other departments to reduce coal prices. As June approaches, the price of long-term coal is about to be priced, and the two sides of coal and electricity have once again entered the game stage. According to the calculation of Qinhuangdao Coal Network, the price of Long-term Coal in June was 558 yuan / ton, down 21 yuan / ton from the previous month, which will usher in the biggest decline this year. The industry believes that the reduction of large coal long-term coal prices is basically a foregone conclusion.
Aijian Group may disclose the acquisition plan of Hua Dolphin
Aijian Group was suspended again yesterday due to "major matters to be announced". Aijian Group's announcement is likely to be related to its current equity dispute and the regulatory letter it received a few days ago. At present, Hua Dolphin Enterprise and its co-actors and JuneYao Group are in the stalemate period of competition for the controlling stake of Aijian Group.
Securities Times
Ministry of Commerce: It is proposed to relax the restrictions on foreign ownership in the fields of automotive electronics
China is gradually loosening restrictions on foreign ownership in areas such as automotive electronics. Sun Jiwen, spokesman for the Ministry of Commerce, revealed at a regular press conference yesterday that the revised Catalogue for the Guidance of Foreign Investment Industries intends to relax the restrictions on foreign ownership in the fields of automotive electronics and new energy vehicle batteries and motorcycles.
The renminbi exchange rate hit the biggest increase in nearly two months The market said that the dollar inflection point is approaching
Since the beginning of this year, the RMB exchange rate has risen steadily, and as of press time, the spot exchange rate of the RENMINBI against the US dollar rose by 0.28% yesterday, the largest daytime increase in two months. At the same time, due to the influence of US politics, economy and other factors, the dollar index fell to the 97 mark. In this regard, there are voices in the market that the dollar inflection point may come.
The financial troika continues to exert force The Shanghai index returned to 3100 points
The industry believes that in the medium and long term, the strengthening of financial supervision is conducive to the healthy development of China's stock market, but also beneficial to large banks, and the current financial stocks are the most undervalued and lowest allocation sector, which is worth promising in the medium term.
Daily economic news
Appropriateness management "landing" countdown Investor protection is added
The Measures for the Administration of the Appropriateness of Securities and Futures Investors will be implemented from 1 July 2017. The Measures divide investors into ordinary investors and professional investors, aiming to "sell appropriate products to appropriate investors", adding a protective wall to protect the rights and interests of investors. Clarify the appropriateness obligations of the parties involved. Huatai Securities said that around the upcoming implementation of the "Measures", the company is intensively promoting system revision, process improvement, information technology system preparation, internal training and other work.
Jinke shares board reshuffle Sunac occupies 2 seats, and the control struggle is clear
At the third extraordinary shareholders' meeting of 2017 held by Jinke on May 24, Shang Yu nominated by Sunac ultimately failed to enter the board of directors of Jinke, which means that Sun Hongbin, chairman of the board of directors of Sunac China, did not shake the power structure of Jinke's board of directors, and the actual control was still firmly in the hands of Huang Hongyun, the founder of Jinke. Huang Hongyun once said, "I personally will not give up control of the company, Jinke is my life." Sunac also said that it will not seek control of Jinke, and now that the dust has settled, the controller of Jinke's actual control can sit back and relax for at least 3 years.
The brokerage sector launched a Jedi counterattack yesterday, and the valuation bottomed out.
On May 25, the A-share brokerage sector saw a long-lost sharp rise, does this mean that the sector is "no pole Tailai"? As early as early April this year, some institutions issued views to look at the brokerage sector, but investors still need to be calm about the fundamentals of the brokerage sector. On the 25th, a senior analyst of an institution told every investment treasure that the current fundamentals of securities companies may not support a sharp rise in the securities sector, and can only rebound.
Zheng Eye Eye: Weights and Brokerage Stocks Pull Investors can strategically reduce their holdings of sub-new stocks
Although the valuation of sub-new stocks, small notes, underperforming stocks, etc. may move down in the long run, there is generally a process, and there may be a lot of iterations in between. At certain times, sub-IPOs will also have markets and may gain surprisingly. Investors can strategically reduce their holdings of sub-new stocks, but it is not appropriate to chase low and kill, and should reduce their holdings at the high point of swing rebound. Another person believes that if investors really take a small ticket, there is generally no need to deliberately change it into a weighted stock. Detailed attention: per investment treasure (WeChat: mjtzb2)
21st Century Business Herald
Flexible display continues to be popular Quantum dot display debuted
According to the prediction of international authoritative institutions, in 2017, the shipping area of display panels in mainland China will reach about 93 million square meters, which has the opportunity to become the world's largest LCD panel production area. In the opportunity period of rapid development of domestic LCD panel production, the research and development application of technologies such as AMOLED flexible screens and quantum dots will also become the future global industrial highland. Nowadays, many domestic enterprises are trying to deepen the panel industry, including the construction of upstream equipment and the development of industrial chain integration. In the new round of industrial change, domestic manufacturers are expected to win the initiative and discourse power.
Chairman of Masteel: Hopes that the subsidiary Of France Watton will be profitable in 2019
Ding Yi, chairman of Masteel Co., Ltd., expects that through a series of operations and management, the operation of Watton will improve this year, "From the point of view of time, we hope that Watton will achieve profitability in 2019." Note: Not long ago, Masteel issued an announcement that it would increase the capital of Wharton in France by 40 million euros. In 2014, Masteel acquired The French company Watton for 13 million euros, which is one of the world's leading manufacturers of wheels, axles and other components of high-speed railways.
CBN Daily
The esports market entered the room 400 million players detonated capital
E-sports sports will officially land in the Hangzhou Asian Games in 2022, and the revenue of e-sports and the core links of the surrounding industrial chain has grown at an astonishing rate in recent years. At present, China has become the world's largest e-sports market, with more than 400 million online players. In addition to the hot content of e-sports, capital also continues to seek opportunities in other related fields of e-sports, the large-scale injection of capital, the valuation of major game live broadcasting platforms has reached new highs, and the overall valuation of seven live broadcasting platforms led by Huya, Douyu, zhanqi, etc. has exceeded 20 billion yuan.
"Hualong No. 1" was the world's first to complete the dome hoisting
The world's first demonstration project of the "Hualong No. 1" nuclear power plant, Fujian Fuqing Nuclear Power Unit 5, completed the dome hoisting on the 25th, which means that the project has fully shifted from the civil construction stage to the equipment installation stage. "Hualong No.1" is a third-generation nuclear power technology with independent innovation and complete independent intellectual property rights in China. There are more than 60,000 sets of equipment, production, equipment and assembly involving 28 provinces such as Shanghai and Sichuan, more than 5,300 enterprises, and nearly 200,000 people participated in the development and construction of the project. The picture shows Fuqing Nuclear Power Unit 5 undergoing dome hoisting.