macro
【China's first self-developed driverless subway line opened at the end of the year】
The reporter learned from Beijing Jiaotong University that China's first fully automatic operation system line with completely independent intellectual property rights, the Beijing Metro Yanfang Line, will be opened for trial operation at the end of this year. According to the relevant planning, the construction of new rounds of rail transit lines such as Beijing Metro Line 3, No. 12, No. 17, No. 19 and the New Airport Line will adopt the technology of fully automatic operation system. (China News Network)
【Chongqing Land and Housing Management Bureau: Investigate and Deal with Violations of Laws and Regulations by Real Estate Development and Sales Intermediaries from a Serious and Expeditious Manner】
The Chongqing Municipal Bureau of Land and Housing Management issued the "Emergency Notice on Seriously and Quickly Investigating and Handling a Number of Cases of Violations of Laws and Regulations by Real Estate Development and Sales Intermediaries," and decided to carry out special work to rectify and standardize the behavior of real estate development and sales intermediaries. (Hualong Network)
【Hebei Chengde opened the property market purchase restriction, non-municipal household registration restriction 1 set】
On April 10, Chengde City issued the "Opinions of the Chengde Municipal People's Government on Strengthening the Regulation and Control of the City's Real Estate Market" overnight. The "Opinions" stipulate that non-Chengde City household registration residents are limited to 1 set of newly built commercial housing within the central urban area. For non-registered resident families that already own 1 or more houses within the central urban area, they are not allowed to purchase newly built commercial housing in this city for the time being. For the first time to purchase ordinary housing and apply for a commercial personal housing loan, the down payment ratio of households with household registration in Chengde City is not less than 30%, and the down payment ratio of non-registered resident households in Chengde City is not less than 50%. (China News Network)
firm
[The CSRC asked: Why don't you ask Zhao Wei for a "break-up fee"? Wanjia Culture: I just want to end this matter as soon as possible.
From Zhao Wei's desire to acquire 3 billion yuan from Wanjia Group, the controlling shareholder of Wanjia Culture, to acquire 30% of the equity of Wanjia Culture and become the actual controller of Wanjia Culture; to the change of face to 500 million yuan to acquire 5% of the equity, only as an ordinary investor; the last share is not bought, and the down payment is not returned, nor the liquidated damages are paid, Zhao Wei's series of actions are surprising. On April 8, the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission asked Wanjia Culture why Wanjia Group did not pursue zhao wei's company Longwei Media for breach of contract. On the evening of April 11, Wanjia Culture replied to the regulator, saying that it wanted to end the matter as soon as possible, and vaguely said that it was "out of business decision"... (Daily Economic News)
【Chairman of China Merchants Led a Team to Visit Xiong'an and Visit Xu Qin】
On April 11, Li Jianhong, chairman of China Merchants Group, led a team to visit Xiong'an New Area in Hebei Province, and made a special trip to Shijiazhuang to meet with Xu Qin, deputy secretary of the Hebei Provincial Party Committee and acting governor, to discuss participation in the construction of Xiong'an New Area. Xu Qin said that China Merchants is the first central enterprise and large enterprise to visit Xiong'an. China Merchants has an international vision and international experience, and can give full play to your advantages to create the xiong'an new area with the highest international standards and the highest quality. (China Merchants Group official website)
【China Unicom Mixed Reform: China Telecom is expected to participate in the shares, core employees can hold shares】
According to the International Finance News, China Telecom may take a stake in China Unicom; as for the employee stock ownership plan, China Unicom has said that core employees can hold shares, and it is likely to take Xiaowo Technology Co., Ltd. as a pilot. China Unicom announced on the evening of April 11 that in view of the fact that the relevant implementation plan of this major event (including but not limited to the possible introduction of strategic investors through non-public issuance of shares) is still under further demonstration, there are still major uncertainties, in order to ensure fair information disclosure, safeguard the interests of investors, and avoid abnormal fluctuations in the company's stock price, the company's shares have continued to be suspended since April 12 after the company's application. (International Finance News)
market
【2 Xiong'an concept stocks appear in bulk trading】On April 11, 2 Xiong'an concept stocks appeared on the bulk trading platform. Jidong Cement data show that the three institutions sold 232,600 shares at a price of 22.52 yuan / share, a total of 15.71 million yuan, the buyers are also institutions; Huaxia Happiness was sold by two institutions at a price of 43.91 yuan / share at the same time, a total of 87.82 million yuan, the buyers are Haitong Securities Beijing Guanghua Road Business Department and Shenwan Hongyuan Western Securities Yixing Renmin Middle Road Business Department. There are no discounts or premiums in either of the two companies' block trades. (From the Securities Times E Company APP)
【The State Council approved Yuhuan to withdraw from the county to set up a city with multiple shares registered as Yuhuan】
With the approval of the State Council, it was agreed to abolish Yuhuan County and establish a county-level Yuhuan City, with the administrative area of the former Yuhuan County as the administrative area of Yuhuan City. The Yuhuan Municipal People's Government is still stationed at No. 6 Dongcheng Road, Yucheng Street. Yuhuan City is directly administered by Zhejiang Province and administered by Taizhou City. Up to now, there are as many as 6 listed companies registered in Yuhuan, including Suber, Zhongjie Resources, Shuanghuan Transmission, Shentong Express, Yonghe Zhikong and Zhengyu Industry. (Securities Times E Corporation)
【Shanda Games Sprint A-share Listing: Splitting the VIE Structure】
On April 11, Shanda Games CEO Xie Fei revealed at a media briefing held in Shanghai that Shanda Games was already preparing for an A-share listing, including splitting the VIE structure. As for whether it is a backdoor or an independent listing, Xie Fei said that it is still under discussion, and Tan Yanfeng, vice president of Shanda Games, said, "We will make everything ready." (The Paper)
【China Financial Holdings Responds to Stock Price Plunge: Unpledged or Sold Shares】
In response to media reports that its stock price plummeted or was related to the explosion of shareholders' pledged shares, Lin Yuhao, chairman of the board of directors and major shareholder of China Financial Holdings, responded on the 11th: First, as a major shareholder, he has never pledged shares, has not used share financing, and has not sold China Gold Holdings, and second, the company is currently operating normally. For today's stock price plunge, Lin Yuhao said that he was not clear about the reason, "this is market behavior", as for whether there are other shareholders' equity pledges to blow up, Lin said he did not know. (NetEase Finance)
international
[United CEO apologizes again for "forcibly dragging" passengers off the plane]
Under intense pressure from all sides, United CEO Oscar Munoz issued another apology tuesday afternoon on the violent eviction of passengers, promising that United would re-examine the situation and passenger policy and announce the results by April 30. Munoz said he apologized most deeply for what had happened and that no one should be treated that way. Videos of the incident quickly spread around the world through social media, and United's move was also bombarded by all parties. The U.S. Senate Commerce Committee has sent a letter to United asking the company for an explanation of the situation and responding by April 20. Schuster, chairman of the House Transportation and Infrastructure Committee, also expressed concern about the incident. United Airlines shares closed down 1.1 percent on Tuesday, wiping nearly $255 million off its market value. (CBN)
[Germany's Dortmund football team bus was hit by explosives, Champions League match postponed]
The bus of the German Dortmund football club team was attacked by explosives in Dortmund on the evening of the 11th, which has injured 1 player. The first leg of the Champions League quarter-final between Dortmund and Monaco, which was scheduled for that night, was postponed to the evening of the 12th. According to the local police, at about 7 p.m. on the 11th, the Dortmund bus carrying players and coaches was hit by three explosives on the way out of the hotel to the Signa Iduna Park stadium, the bus windshield was shattered, and a player named Mark Bartra was injured in the explosion and was taken to the hospital. At present, the cause of the explosion and the motive for the crime are not clear. (Xinhua News Agency)
[Bitcoin refreshes three-week high, media say Russia may recognize Bitcoin's currency status]
Bitcoin rose $26.30 or 2.2% in late Trading in New York, hitting its highest since March 16 to $1268.87 after media reports suggested that the Russian government could recognize the legitimacy of bitcoin as a financial instrument sometime in 2018. Just 1 year ago, Russia's Ministry of Finance threatened to send anyone who used Bitcoin to jail. (Wall Street Insider)
[Trump: Has created 600,000 jobs for the United States since taking office]
U.S. President Donald Trump said on Tuesday that the government had created "more than 600,000 jobs" in a three-month period since he was sworn in late January. According to the US Department of Labor survey, 533,200 new jobs were created in January-March 2017. However, the media believes that considering that Trump was only one-third in power in January, I am afraid that less than 400,000 new jobs were created in the United States in the first three months of his administration. (Sina)
【US Treasury yields fall sharply across the board, investors hedge】
Yields on the U.S. 10-year benchmark Treasury note fell 6.3 basis points to 2.298 percent, the lowest closing since November 30, 2016. The 30-year Treasury yield fell 5.7 basis points to 2.9289 percent, briefly refreshing its January 17 low of 2.925 percent. The two-year Treasury yield fell 4.0 basis points to 1.2338%. The 5-year Treasury yield fell 6.8 basis points to 1.832%. (Wall Street Insider)
[The three major U.S. stock indexes closed lower, and geopolitical risks warmed up to hit investors' risk appetite sentiment]
The S&P 500 closed down 3.38 points, or 0.14 percent, at 2353.78. The Dow Jones Industrial Average closed down 6.72 points, or 0.03 percent, at 20,651.30. The Nasdaq Composite closed down 14.15 points, or 0.24 percent, at 5,866.77. The Russell 2000 index closed up 0.72% at 1376.95. The fear index VIX closed up 7.26% at 15.07. (Wall Street Insider)
[Cloth oil rose for 7 consecutive days to the longest increase in nearly five years, thanks to Saudi Arabia's request for OPEC to extend the production cut agreement and geopolitical risks in the Middle East]
WTI Crude Oil Futures for May closed up $0.32, or 0.60 percent, at $53.40 a barrel, a new high since March 1, marking its sixth consecutive trading day of gains and the longest consecutive day of gains since December 2016. Brent June crude futures closed up $0.25, or 0.45 percent, at $56.23 a barrel, the seventh consecutive day of gains and the longest straight rise since July 2012. NYMEX May gasoline futures closed flat at $1.7577/gg. NYMEX May heating oil futures closed up less than 0.5 cents at $1.6506/gallon. NYMEX may gas futures closed down 8.8 cents, or 2.7 percent, at $3.15/million BTU. (Wall Street Insider)
【Futures closed above the 200-day moving average to set a new 5-month closing high, geopolitical risks generate upward momentum】
COMEX June gold futures closed up $20.30, or 1.6 percent, at $1274.20 an ounce, a new high since November 10, 2016, rising above the 200-day moving average at $1260.65 an ounce. COMEX May silver futures closed up 33.9 cents, or 1.9 percent, at $18.254 an ounce. NYMEX July platinum futures closed up $27.90, or 3.0 percent, at $967.30 an ounce. NYMEX June palladium futures closed up $13.10, or 1.7 percent, at $803.10 an ounce. The SPDR Gold Trust ETF rose 1.5%, the VanEck Vectors Gold Mining ETF rose 3.2%, and the iShares Silver Trust rose 1.8%. (Wall Street Insider)
Per disclaimer: The content of this article is for informational purposes only and does not constitute investment advice. Investors operate accordingly at their own risk.