Financial Afternoon Tea 20220915 ｜ Seven major banks adjust RMB deposit interest rate： 15 basis points in three years is the strongest.
macroscopic view
The central bank launched a one-year MLF operation of 400 billion yuan and a 7-day reverse repurchase operation of 2 billion yuan.
On September 15th, the central bank launched a one-year MLF operation of 400 billion yuan and a 7-day reverse repurchase operation of 2 billion yuan, with the winning bid rates of 2.75% and 2.00% respectively, which were the same as before. Due to the 2 billion yuan reverse repurchase and the 600 billion yuan one-year medium-term loan facility (MLF) expired, the net withdrawal was 200 billion yuan on the same day.
The seven major banks adjusted the interest rate of RMB deposits: the three-year reduction of 15 basis points was the strongest.
Today, six major state-owned banks (ICBC, ABC, BOC, CCB, Bank of Communications and ()) and China Merchants Bank collectively lowered the listing interest rate of RMB deposits. In this adjustment, in terms of time deposits, the biggest decline is the three-year lump-sum interest rate, which reaches 15 basis points, and the other term lump-sum interest rates are lowered by 10 basis points; Deposit interest rate also experienced a downward adjustment, with a strength of 5 basis points to 0.25%. At present, the listed interest rates of RMB deposits of the six major state-owned banks and China Merchants Bank are consistent.
Zhang Qingsong, Vice Governor of the Central Bank: Adhere to the return of payment business to the original source and standardize the payment business of platform enterprises.
At the 11th China Payment and Clearing Forum, Zhang Qingsong, deputy governor of the People’s Bank of China, said that it is necessary to strengthen the supervision of large-scale payment platform enterprises. Adhere to the origin of payment business, standardize the payment business of platform enterprises, speed up the regulations on non-bank payment, speed up the legislative process of regulations on non-bank payment institutions, and lay a solid foundation for supervision and legal system. Strengthen the construction of payment and clearing capacity, strengthen the overall planning of payment infrastructure, further improve the efficiency of domestic cross-border capital circulation, improve the level of cross-border payment services, effectively help the internationalization of RMB, encourage all parties in the payment industry to be brave in innovation, enhance cooperation, and launch more China models, Chinese solutions and China products to serve the global payment market.
In addition, the People’s Bank of China has established regulatory concepts such as legal supervision, appropriate supervision, collaborative supervision and innovative supervision, established a centralized delivery mechanism for reserve funds, completed the direct connection in a safe and orderly manner, and withdrew from 71 payment institutions in an orderly manner, continuously improving the comprehensive effectiveness of supervision.
Mu Changchun: Even if the operating institution goes bankrupt, the digital RMB in the user’s wallet will not be included in the bankruptcy property.
Mu Changchun, director of digital currency Research Institute of China People’s Bank, said at the 11th China Payment and Clearing Forum that digital RMB is a special movable property, and it is also a typical consumer. "Even if the operating organization goes bankrupt, the digital RMB in the user’s wallet will not be included in the bankruptcy property and will not be affected by the’ zero rule’. In addition, the digital RMB is the central bank’s currency, and the central bank is the ultimate provider of liquidity. Using the central bank’s currency for currency settlement can better guarantee the finality of settlement. " Mu Changchun stressed.
State Council: Full implementation of market access negative list management
The General Office of the State Council issued opinions on further optimizing the business environment and reducing the institutional transaction costs of market participants, and fully implemented the negative list management of market access. We will improve the management and dynamic adjustment mechanism of the negative list of market access, pay close attention to improving the corresponding examination and approval mechanism and supervision mechanism, and promote the online handling of all list items. We will steadily expand the scope of market access effectiveness evaluation. Before the end of October 2022, all localities and departments will clean up explicit and implicit barriers with market access restrictions and establish a long-term investigation mechanism. In-depth implementation of the national treatment plus negative list management system before foreign investment access, and promote the introduction of a national version of the negative list of cross-border service trade.
National Bureau of Statistics: China’s industrial economy has grown steadily and its comprehensive strength has improved significantly.
The National Bureau of Statistics released a series of reports on economic and social development achievements. Since the 18th National Congress of the Communist Party of China, China’s industrial economy has maintained rapid growth, the total scale has continued to expand, and the quality and efficiency have steadily improved. From 2013 to 2021, China’s industrial added value grew at an average annual rate of 6.1%, much higher than that of other major economies in the world. Since the 18th National Congress of the Communist Party of China, China’s total industrial added value has been rising, which has become an important engine driving the growth of global manufacturing industry. The output of major industrial products has increased rapidly, and the number of industrial enterprises above designated size has exceeded 400,000, and the overall industrial strength has reached a new level.
Four departments issued the implementation plan of "three products" in raw material industry
The Ministry of Industry and Information Technology and other four departments issued the "three products" implementation plan for the raw material industry. The plan proposes that by 2025, the variety of raw materials will be richer, the quality will be more stable and the brand will be more influential. Products and services such as superalloys, high-performance special alloys, semiconductor materials, high-performance fibers and composite materials have significantly enhanced their support for key areas. Standards, metrology, certification and accreditation, inspection and testing have achieved a higher level of coordinated development, and the quality grading and traceability system has been improved. More than 500 new products and quality reliability improvement standards have been formulated and revised, and the construction of the life cycle standard system for key basic materials has been comprehensively promoted. Cultivate a number of China brands with excellent quality and obvious competitive advantages, and their products will enter the global high-end supply chain, making the market environment more fair and orderly. By 2035, the supply capacity and level of raw materials and service quality will be greatly improved, reaching the level of advanced countries in the world, and a number of enterprises and product brands with excellent quality and obvious advantages will be formed.
Ministry of Industry and Information Technology: There is indeed blind investment and redundant construction in the field of new energy vehicles, but it will be gradually digested and solved.
Xin Guobin, vice minister of the Ministry of Industry and Information Technology, said that new energy vehicles have now become a tuyere industry, attracting a lot of technology and capital to this industry. In addition, some local governments also have the desire for transformation and upgrading. Under the joint action of various factors, there are indeed cases of blind investment and repeated construction in some provinces, cities and places. However, we believe that these problems are developing, and with the growth and maturity of the industry, these problems will be gradually digested and solved. Of course, at present, the development of new energy automobile industry is still facing new tasks such as strengthening the coordination of policies and regulations, accelerating the construction of supporting infrastructure, and strengthening the protection of personal information and important data, which need our efforts to solve in the future. In the next step, the Ministry of Industry and Information Technology will further implement the Development Plan of New Energy Automobile Industry (2021-2035), further strengthen the overall planning and layout, and take more effective measures to promote the high-quality development of new energy automobile industry.
Li Xiaopeng, Minister of Transportation: Start a new round of rural road construction and transformation, and actively and steadily expand effective investment in rural roads.
Today, in 2022, the national conference on promoting the high-quality development of "Four Good Rural Roads" was held in the form of video. Li Xiaopeng, Minister of Transportation, attended the conference and stressed that the high-quality development of "Four Good Rural Roads" should be promoted and the modern rural transportation system should be accelerated. Under the new situation, it is necessary to fully implement the requirements of "preventing the epidemic, stabilizing the economy and ensuring safe development", and focus on eight key tasks: expanding investment, stabilizing employment, ensuring smooth flow, emphasizing safety, excellent governance, strengthening management and maintenance, improving services and promoting integration. Start a new round of rural road construction and transformation, and actively and steadily expand effective investment in rural roads.
The Notice on Adjusting the Classification of Trust Business will be officially promulgated soon.
The regulatory authorities recently convened some trust companies to hold a symposium on the classification of trust business. At the meeting, regulators revealed that the Notice on Adjusting the Classification of Trust Business will be officially promulgated soon, and a five-year transitional rectification period has been set for the stock business of trust companies. In addition, the business classification reform will allow high-rated trust companies to carry out innovative business through differentiated supervision, while restricting low-rated companies from carrying out asset management trust business.
"Several Policies and Measures on Further Supporting the High-quality Development of the Yangtze River Delta Ecological Green Integration Development Demonstration Zone" was issued.
The people’s governments of Shanghai, Jiangsu and Zhejiang provinces issued several policies and measures on further supporting the high-quality development of the Yangtze River Delta eco-green integration development demonstration zone. It is mentioned that promoting the joint development of REITs in the demonstration area. Support the joint operation of some key stock infrastructure projects in the demonstration area, and actively strive to issue REITs products in infrastructure areas such as transportation, water conservancy, ecological environment protection, warehousing and logistics, parks, affordable rental housing, and tourism. Encourage cooperation in the establishment of operation management companies in the demonstration area, and create a new model of cross-regional project operation management with capital as the link. Explore the establishment of "Yangtze River Delta REITs Cultivation Center".
Shenzhen: Strive to become a financial technology center city with international influence by 2025.
The Shenzhen Local Financial Supervision Administration issued a notice on soliciting opinions on the Special Development Plan for Financial Technology in Shenzhen (2022-2025) (draft for public comment), which mentioned that by 2025, we will strive to further improve the ecological environment of the financial technology industry, cultivate a number of leading enterprises and industry benchmarks, strive to break through a number of key technologies in the forefront of financial technology, popularize and apply a number of high-quality financial technology innovations, and promote the formation of a number of financial technology business standards.
Tianjin peak carbon dioxide emissions implementation plan released.
A few days ago, the peak carbon dioxide emissions Implementation Plan was officially issued. The Implementation Plan puts forward the overall goal of "realizing peak carbon dioxide emissions as scheduled by 2030". In order to support the realization of peak carbon dioxide emissions’s goals, the Implementation Plan focuses on the two key periods of peak carbon dioxide emissions during the Tenth Five-Year Plan and the Tenth Five-Year Plan, and defines the main indicators of increasing the proportion of non-fossil energy consumption, improving energy utilization efficiency and reducing the level of carbon dioxide emissions. By 2025, the energy consumption and carbon dioxide emissions per unit of GDP will ensure the completion of the national targets, and the proportion of non-fossil energy consumption will strive to reach more than 11.7%; By 2030, energy consumption per unit area GDP will drop sharply, carbon dioxide emissions per unit area GDP will drop by more than 65% compared with 2005, and the proportion of non-fossil energy consumption will strive to reach more than 16%.
"Special Support Measures for Enterprises Listing in Hengqin Guangdong-Macao Deep Cooperation Zone" was issued.
On September 15th, the Financial Development Bureau of Hengqin Guangdong-Macao Deep Cooperation Zone officially issued the Special Support Measures for Enterprises Listing in Hengqin Guangdong-Macao Deep Cooperation Zone, which will take effect on September 26th, 2022. Special support of up to 50 million yuan will be given to the enterprises in the cooperation zone that have made initial public offerings and directly listed on the main board of Shanghai Stock Exchange, Shenzhen Stock Exchange, Beijing Stock Exchange or Hong Kong Stock Exchange.
National Health Commission: Yesterday, 126 local confirmed cases were added and 823 local asymptomatic infected people were added.
From 0-24: 00 on September 14th, 31 provinces (autonomous regions and municipalities directly under the Central Government) and Xinjiang Production and Construction Corps reported 167 newly confirmed cases. Among them, 41 cases were imported from abroad and 126 cases were local. There were 916 new asymptomatic infections, including 93 imported cases and 823 local cases.
By September 14th, 2022, 31 provinces (autonomous regions and municipalities directly under the Central Government) and Xinjiang Production and Construction Corps had reported a total of 3,434,774,000 doses of Covid-19 vaccine.
stock market
Comments on A-shares: Growth Enterprise Market Index fell by 3.18%, and over 4,100 shares in the two cities fell.
The three major indexes opened higher and went lower all day. At the close, the Shanghai Composite Index fell by 1.16%, the Shenzhen Component Index fell by 2.1%, the Growth Enterprise Market Index fell by 3.18%, and the turnover of the Shanghai and Shenzhen stock markets was 919.1 billion yuan. Cross-border payment and real estate sectors were among the top gainers, while photovoltaic, power equipment and TOPCON battery sectors were among the top losers. More than 4,100 shares in the two cities fell, and northbound funds sold a net of 4.133 billion yuan throughout the day. Among them, Shanghai Stock Connect sold 1.726 billion yuan and Shenzhen Stock Connect sold 2.407 billion yuan.
On the disk, the cross-border payment sector was among the top gainers, with (), (), () and () daily limit, (), (), (), () and so on rising. The real estate development service sector was among the top gainers, with daily limit of (), (), () and (), while Suzhou Gaoxin, I love my family and Vanke A, (), () and () followed suit.
Banks and big financial sectors supported the market. China Merchants Bank rose more than 3%, () rose nearly 5%, and (), () and Ping An Bank followed suit. Track stocks led the decline in the two cities. Photovoltaic and wind power sectors fell sharply throughout the day. TOPCon battery sectors fell by more than 8%. Over 20 stocks such as (), CITIC Bo, (), (), (), () and () fell by more than 10%, and () fell by more than 7%.
The power equipment sector weakened across the board, with more than 10 shares such as (), () and Junda falling below the limit, while more than 10 shares such as (), Lingda, Paineng Technology and () fell over 10%.
Hong Kong stocks closed: Hang Seng Index rose 0.44%, Fosun International rose nearly 10%.
On September 15th, the Hang Seng Index closed up 0.44% to 18,930.38 points. The Hang Seng Science and Technology Index closed up 0.25% at 3,963.31 points. The concept of CXO and indoor housing stocks continued to rise, while the sectors of green power, photovoltaic solar energy and new energy vehicles fell; Fosun International rose nearly 10%, and Fosun will bring a lawsuit to the court for the serious inaccuracy of the relevant reports of Bloomberg News. Southbound funds bought a net of HK$ 2.16 billion, of which HK$ 1.343 billion was bought by Hong Kong Stock Connect (Shanghai) and HK$ 817 million was bought by Hong Kong Stock Connect (Shenzhen).
Institutional review
Yuekai Securities pointed out that the current market transaction is still in a state, and the market style often switches quickly under the game of capital stock. It is recommended that investors balance the layout. Looking forward to the market outlook, M1-PPI is more friendly to the style of small and medium-sized market value under the environment of reasonable and abundant residual liquidity, but the market of "Golden September and Silver 10" is still optimistic about the theme performance of consumption and infrastructure real estate, and the market may repeat in marginal improvement and high growth. It is expected that the market style performance will be mainly sawing, focusing on the sectors with strong marginal improvement expectations in the traditional economy and sustainable high growth in the new economy.
Guosheng Securities said that under the background of shrinking volume and slow growth of new credit in August, it indicates that both on-site and off-site funds are in a wait-and-see mood, and the market is expected to return to the stage equilibrium zone of weak shock. It is suggested to upgrade the allocation of defensive assets, such as food security, gold, high dividends and other conceptual assets. At the same time, "Golden September and Silver 10" entered the peak season of liquor sales, and it still showed steady growth from the performance of liquor companies reported in the interim report. Liquor with high certainty can also be classified as a defensive asset series.
industry
China’s first time-sensitive network chip approved for commercial use
The Industrial Internet Industry Alliance of the Ministry of Industry and Information Technology recently announced the latest "Time-Sensitive Network (TSN) Industry Chain Directory Plan", among which (1) The newly released China’s first self-designed TSN chip, ―KD6530, became the first TSN chip to enter the directory. This marks the official entry of domestic chips into the commercial field of TSN, which opens the prelude to the large-scale commercial application of domestic TSN and breaks the pattern that this field has long been monopolized by European and American enterprises.
From January to August, the three major indicators of shipbuilding in China continued to rank first in the world.
China Shipbuilding Industry Association announced today (15th) that from January to August this year, China’s shipbuilding three indicators continued to rank first in the world. According to the latest data, from January to August, 2022, China’s shipbuilding completion, new orders received and hand-held orders were 23.935 million dwt, 28.053 million dwt and 102.03 million dwt, respectively, accounting for 45.4%, 50.6% and 47.7% of the global market share, and remained the first in the world. Among them, among the new orders, China’s market share in high-end ship types has further expanded. LNG ships account for nearly 30% of the global market share, reaching 27.2%, and container ships with more than 10,000 cases account for 43.9% of the global market.
Qingdao: Moderately adjust and optimize the current real estate-related policies, and no longer restrict the purchase of second-hand housing.
On September 15th, WeChat official account, Qingdao Housing and Urban-Rural Development, announced that it would dynamically improve the real estate policy. In order to implement the decision-making arrangements of the CPC Central Committee and the State Council on coordinating epidemic prevention and control and economic and social development, adhere to the positioning of "housing without speculation", further support rigid and improved housing demand, and combine the actual real estate market in our city, moderately adjust and optimize the current real estate-related policies. 1. Continue to implement the purchase restriction policy in Shinan District and Shibei District (except the original Sifang District). Second, continue to clarify the purchase of houses. For new commercial housing in the restricted area, local residents are restricted to purchase 2 sets, families with two children and three children can purchase 1 set, and foreign residents can purchase 1 set after living for half a year; Second-hand housing is no longer restricted.
Cinno Research: In July, the sales volume of China smartphone market decreased by 17.7% year-on-year.
According to the data of CINNO Research, the sales volume of smartphones in Chinese mainland market in July was about 22.1 million units, down 4.8% month-on-month and 17.7% year-on-year, and the demand in the terminal market remained sluggish, setting the worst monthly sales volume in July since 2015.
IDC: Starting school season helps the PC consumer market grow against the trend, and the commercial market expects to bottom out.
According to IDC’s latest Monthly Sales Tracking Report of PC Market in China, the sales volume of PC consumer market in August was 2.69 million units, up 10.2% year-on-year. On the other hand, in the commercial market, the demand was weak due to the domestic epidemic, among which the sales volume of small and medium-sized enterprises was 1.15 million units, down 15.2% year-on-year; The sales volume in the major customer market was 1.12 million units, down 18.6% year-on-year. Commercial PC market sales are facing a lot of pressure. The PC market sold 4.97 million units in August, down 4.1% year-on-year.
IResearch: It is estimated that the market size of freshly ground coffee in China is expected to reach 190 billion yuan by 2024.
According to the research report on the freshly ground coffee industry in China in 2022 released by iResearch, the market size of freshly ground coffee in China will be about 87.6 billion yuan in 2021, with a growth rate of 38.9% compared with the previous year. It is estimated that the market size of freshly ground coffee in China will reach 190 billion yuan in 2024. China freshly ground coffee chain brands and stores are mostly concentrated in the southern market and high-speed cities, and there is still a large penetration space in the northern and central and western markets and the sinking market in low-speed cities.
company
Fosun announced that it would sue Bloomberg.
The reporter was informed that Fosun will bring a lawsuit to the court for the serious misrepresentation of the relevant reports of Bloomberg News. Fosun believes that Bloomberg News Agency’s so-called "regulatory authorities require a thorough investigation of Fosun" is totally untrue, and the relevant reports seriously deviate from the facts. After widespread dissemination at home and abroad, they seriously mislead investors, causing abnormal market fluctuations, which has a significant impact on the normal operation and reputation of Fosun’s enterprises and caused great losses to Fosun and investors. The reporter learned that Fosun has prepared a complaint against the inaccurate reports and infringement of Bloomberg News, and will file a lawsuit in court to pursue its legal responsibility.
R&F Group signed cooperation framework agreements with China Merchants Shekou, CITIC Securities and China Huarong.
According to the official news released by R&F Properties, on the afternoon of September 13th, R&F Group held a signing ceremony of cooperation framework agreement with China Merchants Shekou, CITIC Securities and China Huarong in Yangzhou Zhongrui Hotel Management College. On the basis of R&F Group’s urban renewal reserve resources in Greater Bay Area, all parties will conduct a comprehensive study to promote cooperation. All parties will give priority to discussing the cooperation mode and path around the selected projects, and explore the cooperation possibility of assets held by other R&F groups outside the selected projects in due course. All parties will carry out in-depth cooperation around the urban renewal project of R&F Group through limited partnerships, funds, property rights trusts, etc., and all parties will form cooperative subjects in a corresponding proportion by means of capital contributions such as cash, creditor’s rights, creditor’s rights and equity. The scale of cooperation shall be determined by the parties through consultation according to the specific project conditions.
Xinwangda: The subsidiary intends to sign the Yichang Project Investment Agreement with Yichang Municipal People’s Government.
() Announcement, the subsidiary Xinwangda Automobile Battery intends to sign the Investment Agreement for Xinwangda Dongfeng Yichang Power Battery Production Base Project with Yichang Municipal People’s Government, Dongfeng Group and Dongfeng Hongtai.
Geely’s new patent can control vehicles to change lanes independently and avoid emergencies.
Enterprise search APP shows that recently, the patent of "method, device, equipment and storage medium for autonomous lane change of vehicles" applied by Zhejiang Geely Holding Group Co., Ltd. and Ningbo Geely Automobile Research and Development Co., Ltd. was announced.
Soft control share: Kejie Intelligent, a wholly-owned subsidiary, is listed in science and technology innovation board.
() Announcement: Kejie Intelligent Technology Co., Ltd., a wholly-owned subsidiary, made its initial public offering and listed in science and technology innovation board.
The superior production capacity of China’s new energy vehicle industry accelerates "going out to sea"
On September 13th, () 10,000 MG MULAN new energy vehicles were shipped in Shanghai and exported to the European market, which is the largest batch of pure electric vehicles exported to Europe by China so far. (), Funeng Technology and other () battery companies have recently accelerated the process of building factories overseas. With the rise of China’s new energy automobile industry chain, a new "going out to sea" tide of superior capacity output is emerging.
Hon Hai: Building and Expanding the Competitive Advantage of Automotive Semiconductors
Liu Yangwei, chairman of Hon Hai, said today that Hon Hai is establishing and expanding the competitive advantage of automotive semiconductors. Previously, Liu Yangwei revealed that Hon Hai’s car charger silicon carbide is expected to be mass-produced in 2023, the car microprocessor will be put into production in 2024, and the self-driving Guangda is expected to be mass-produced in 2024. The small IC for its own car will also cover 90% of the specifications.
corporate performance
Spring Airlines: The company’s passenger transport capacity investment (in terms of available seat kilometers) increased by 11.06% year-on-year and decreased by 2.6% quarter-on-quarter; Passenger turnover (in terms of revenue passenger kilometers) increased by 9.51% year-on-year and decreased by 3.84% quarter-on-quarter; The load factor was 77.52%, down 1.1% year-on-year and 1% quarter-on-quarter.
(): In August, the company’s passenger transport capacity investment (in terms of available seat kilometers) increased by 50.06% year-on-year, and passenger turnover (in terms of revenue passenger kilometers) increased by 55.49% year-on-year; The load factor was 70.19%, up 2.45% year-on-year.
(): In August, passenger transport capacity investment (in terms of available seat kilometers) increased by 35.1% year-on-year, and passenger turnover (in terms of passenger kilometers) increased by 62.14% year-on-year; The load factor was 67.01%, up 11.18% year-on-year.
(): In August 2022, the combined passenger turnover of the company and its subsidiaries (in terms of passenger kilometers) increased year-on-year and decreased month-on-month. Passenger transport capacity investment (calculated by available seat kilometers) increased by 34.8% year-on-year and decreased by 5.9% quarter-on-quarter; Passenger turnover increased by 56.4% year-on-year and decreased by 4.9% quarter-on-quarter.
(): During the period from January 1, 2022 to August 31, 2022, the accumulated original insurance business income of China Pacific Life Insurance Co., Ltd. was RMB 172.956 billion, up by 3.9% year-on-year, and the accumulated original insurance business income of China Pacific Property Insurance Co., Ltd. was RMB 117.986 billion, up by 12.2% year-on-year.
China People’s Insurance Group: From January to August, the total income from the original premium was about 452.461 billion yuan.
China Property Insurance: From January to August 2022, the company’s original insurance premium income was about 340.247 billion yuan, up 9.8% year-on-year.
(): The amount of new contracts signed from January to August was 832 billion yuan, an increase of 5.9% over the same period of last year.
Overseas macro
U.S. Treasury Department: It will transfer 3.5 billion U.S. dollars of assets of the Afghan Central Bank to the "Afghanistan Fund", which the Afghan Taliban cannot obtain.
Council of Europe: Extend the current sanctions against 1,206 individuals and 108 entities in Russia for six months until March 15th next year.
The euro zone’s seasonally adjusted trade account in July was-40.3 billion euros, expected-32 billion euros, and the previous value was-30.8 billion euros.
Germany’s wholesale price index in August was 18.9% annually, with the previous value of 19.50%. The monthly rate of wholesale price index in Germany in August was 0.1%, and the previous value was -0.40%.
France’s CPI annual rate in August was 5.9%, with an expected 5.80% and a previous value of 5.80%. In August, the monthly CPI rate was 0.5%, expected 0.40%, and the previous value was 0.40%.
Australia’s employed population in August was 33,500, with an expected 35,000 and a previous value of-40,900. Australia’s full-time employment population in August was 58,800, with the previous value of-86,900. Australia’s seasonally adjusted employment participation rate in August was 66.6%, expected to be 66.60%, and the previous value was 66.40%. Australia’s seasonally adjusted unemployment rate in August was 3.5%, expected to be 3.40%, and the previous value was 3.40%.
Thailand will ban licensed companies from engaging in cryptocurrency deposits and loans, according to the Thai Securities and Exchange Commission.
Indonesia’s exports in August increased by 30.2% year-on-year, which is expected to be 19.2%.
global market
Major European stock indexes opened mixed.
On September 15th, major European stock indexes opened mixed, with Germany’s DAX30 index up 0.09%, Britain’s FTSE 100 index up 0.25%, France’s CAC40 index down 0.14% and Europe’s Stoxx 50 index down 0.05%.
Asia-Pacific stock markets closed mixed.
On September 15, the Asia-Pacific stock market closed mixed, and the Korea Composite Index fell 0.4% to 2401.83 points. The Nikkei 225 index rose 0.21% to 27,875.91 points; Australia’s S&P 200 index rose 0.21% to 6842.90 points; New Zealand NZX50 index fell 0.37% to 11,658.94.
Ethereum completes the merger transition to PoS.
The data shows that Ethereum has completely transitioned from PoW to PoS, completing the merger. After the merger, energy consumption will be reduced by 99.95%. But at the same time, it also increases the market risk, and the way of equity proof is considered to have the risk of flash collapse.
Market News: Tesla is considering redesigning China’s retail strategy.
Market News: Siemens and Shell will devote themselves to the research and development of low-carbon and high-efficiency energy.
Sales exceeded expectations, and Samsung won another order for about 20 million Apple iPhone 14 series panels.
The sales of Apple’s iPhone 14 Pro series models have exceeded Apple’s expectations, and more LTPO OLED panels are currently being ordered from Samsung. Previously, Samsung expected to produce 130 million OLED panels for iPhone. At present, this number has risen to 149 million, which means that Samsung has received about 20 million orders for Apple iPhone 14 series panels.
Meta’s social platform Instagram launched chat payment function for enterprises.
Instagram, a social platform owned by Meta Platforms, said that the company launched the function of paying in chat to provide customers with more convenient trading services.
Disney CEO is considering merging its streaming media platform Disney+ with Hulu.
Bob Chapek, chief executive of Disney, is considering merging the streaming service Hulu with Disney+ to create a single online option for watching the company’s movies and TV shows in the United States.
Microsoft’s acquisition of Activision Blizzard faces in-depth investigation.
Microsoft’s $75 billion acquisition of Activision Blizzard, a video game manufacturer, faces in-depth investigations in the European Union and the United Kingdom. There is growing concern that this transaction is anti-competitive and will prevent competitors from obtaining the best-selling game "Call of Duty". According to two people familiar with the matter, after Microsoft decided not to provide any improvement measures at this stage, CMA is expected to conduct an in-depth investigation this week.
Apple surpassed Tesla to become the number one short target for the first time since the epidemic.
According to S3Partners, a financial analysis company, Apple is now the number one target of Wall Street bears, surpassing Tesla for the first time since the outbreak of the new crown epidemic. As of Wednesday, Apple’s short position was $18.4 billion, while Tesla’s short position was $17.4 billion. S3Partners reported that since April 2020, Tesla has been the number one short-selling target for 864 consecutive days until it was replaced by Apple. The third largest short-selling target of US stocks is Microsoft, with a short position of $11 billion, far behind Apple and Tesla.
Honda will stop production of fuel motorcycles, and the target sales of electric motorcycles in 2026 will be 3.5 million.
Honda recently announced that two-wheeled gasoline vehicles will be discontinued in the mid-1940s, and new vehicles will be converted into pure electric (EV) motorcycles. At present, the annual sales volume of Honda’s electric motorcycles is 100,000-200,000, which is less than 1% of the whole. By 2026, it will increase to 1 million vehicles, and in 2030, it will increase to 3.5 million vehicles, reaching 15% of the total.
Samsung Electronics announces $5 billion carbon neutral investment plan.
Samsung Electronics said on Thursday that it plans to invest 7 trillion won (about 5 billion US dollars) in green initiatives and lobby South Korea to increase more clean energy, with a view to reversing the rising trend of emissions and achieving the goal of zero net emissions by 2050.
futures
Futures closing: domestic commodity futures closed mixed. SC crude oil rose by nearly 5%.
On September 15th, domestic commodity futures closed mixed, SC crude oil rose by nearly 5%, coke and coking coal rose by over 3%, cotton rose by over 2%, and rubber, low sulfur fuel, Shanghai tin, pulp and Shanghai aluminum rose by over 1%. Styrene fell more than 2%, rapeseed meal, soybean meal, PVC, soybean meal, palm oil and ethylene glycol fell more than 1%.
International futures
Finland’s parliament approved a supplementary government budget on the 14th to provide loans and guarantees of 10 billion euros to the country’s power companies, so as to resolve the liquidity risks brought by high electricity prices to related enterprises and ensure the effective operation of the power market.
According to statistics released by the Japanese Ministry of Finance, Japan’s total LNG imports from Russia in August increased by 211.2% year-on-year, while crude oil imports decreased by 20.3% year-on-year.
According to market news, Russia is considering imposing export tariffs on coal.
Market News: Indonesia lowered the reference price of crude palm oil from September 16th to 30th to USD 846.32/ton, and lowered the export Tax to USD 52/ton.
Kazakhstan’s Minister of Agriculture Karashukov signed an order on September 14th to officially lift the restrictions on the export of wheat and flour.
bond
Treasury futures collectively closed down.
On September 15th, treasury bond futures collectively closed down, with the 10-year main contract falling by 0.04%, the 5-year main contract falling by 0.07% and the 2-year main contract falling by 0.02%.
China Securities Convertible Bonds closed down 0.79%
On September 15th, CSI convertible bonds closed down 0.79% to 413.66, with a turnover of 49.44 billion yuan. Jinlang convertible bonds fell more than 12%, Guiguang convertible bonds and Bert convertible bonds fell more than 10%, and Panlong convertible bonds fell more than 9%; Haibo convertible bonds rose by more than 4%, Changji convertible bonds rose by more than 3%, Shenglan convertible bonds and full-construction convertible bonds rose by more than 2%.
Exchange bonds closed, and most real estate bonds rose.
On September 15th, exchange bonds closed, and most real estate bonds rose. 19 Shimao 01 rose over 15%, 20 Bidi 02 rose over 10%, 21 Bidi 03, 20 Zhongjun 03 rose over 9%, 21 Longkong 03 rose over 9%, 20 Bidi 04 and 20 Bidi 03 rose over 7%. "15 Shimao 02" fell more than 7%, "20 Longkong 04" and "21 Rongchuang 03" fell more than 1%.
The Shanghai Interbank Offered Rate (Shibor) is mixed.
On September 15th, overnight shibor reported 1.2260%, up 5.30 basis points; In 7 days, shibor reported 1.5470%, down 1.00 basis points; Shibor reported 1.4600% in 14 days, up by 1.10 basis points; In January, shibor reported 1.5080%, which was the same as the previous trading day; In March, shibor reported 1.5990%, which was the same as the previous trading day.
The Bank announced the winning bid results of four financial bonds.
On September 15th, 2022, The Export-Import Bank of China issued the 15th financial bond (13 additional issues) (5 years), and the bidding result: the weighted winning rate of return was 2.5635%, and the bidding multiple was 3.53.
The Export-Import Bank of China’s third financial bond in 2022 (14 additional issues) (3-year period), the bidding result: the weighted winning yield is 2.2625%, and the bidding multiple is 4.36.
The 11th financial bond of The Export-Import Bank of China in 2022 (additional issuance 4)(10-year period), the bidding result: the weighted winning yield is 2.9270%, and the bidding multiple is 2.98.
The Export-Import Bank of China discounted financial bonds in the 32nd issue in 2022 (three-month period), and the bidding result: the weighted winning yield is 1.1262%, and the bidding multiple is 3.79.
Xinhua Lian Holdings: declare the creditor’s rights to the administrator before October 28th, and hold the first creditors’ meeting on November 8th.
Xin () Co., Ltd. issued an announcement on creditors’ declaration of creditor’s rights. On September 7, 2022, Beijing No.1 Intermediate People’s Court published the announcements of "(2022) Jing 01 Broken No.199" and "(2022) Jing 01 Broken No.198" on the National Enterprise Bankruptcy and Reorganization Case Information Network. According to the announcement, the creditors of Xinhualian Holdings and Xinhualian Mining should declare their claims to the administrator before October 28, 2022. Creditors shall declare their creditor’s rights through the creditor’s rights declaration website. The first creditors’ meeting will be held at 9: 00 on November 8, 2022 in a combination of on-site and online.
Oceanwide Holdings: The total amount involved in litigation and arbitration is 597,364,400 yuan.
() The joint stock limited company announced that, as of September 15th, 2022, except for the disclosed litigation and arbitration cases, the total amount involved in litigation and arbitration of the company and its holding subsidiaries in 12 consecutive months was 597,364,400 yuan, accounting for 10.33% of the company’s latest audited net assets (5,784,797,000 yuan).
Moody’s: The rating of China Everbright Holdings was confirmed as "Baa3/P-3" and the outlook was adjusted to "negative".
Moody’s report confirmed that China Everbright Holdings Limited’s long-term and short-term issuers of local currency and foreign currency were rated as "Baa3/P-3". Moody’s also maintained the company’s independent evaluation at "Ba3". In addition, Moody’s confirmed the long-term foreign currency rating of "Baa3(hyb)", a senior unsecured perpetual debt of China Everbright Holdings. At the same time, Moody’s adjusted the entity outlook of China Everbright Holdings from "stable" to "negative".
Fitch: Downgrading the rating of Ocean Shipping Group to "BB" and maintaining the negative watch list.
Fitch reported that it downgraded the default rating and senior unsecured rating of long-term foreign currency issuers of COSCO Group Holdings Limited from "BB+" to "BB". All ratings are maintained on the negative watch list.
fund
Stock ETF daily
On September 15th, iFinD data showed that 76 of the 595 stock ETFs in the market rose that day. The top gainers are: real estate ETF rose by 3.59%, real estate ETF rose by 2.95%, Wanchuang 100ETF rose by 2.78%, real estate ETF fund rose by 2.52%, and bank ETF rose by 1.26%.
The top turnover is: SSE 50ETF is 3.355 billion yuan, CSI 300ETF is 2.414 billion yuan, CSI 1000ETF is 2.387 billion yuan, CSI 1000ETF is 2.272 billion yuan, and CSI 1000 index ETF is 1.971 billion yuan.
Another fund is on the verge of liquidation. Since September, a total of 18 funds have issued tips.
According to the China Fund, last night, CCB Fund announced that as of September 14th, 2022, CCB Securities has subdivided the theme ETF of nonferrous metals industry for 49 consecutive working days, and the net asset value of the fund was less than 50 million yuan. If the net asset value of the fund is still less than 50 million yuan on September 15th, it will trigger the termination of the Fund Contract and enter the liquidation procedure according to the agreement, and there is no need to convene a meeting of fund share holders. According to the statistics of Funjun, in addition to the above two funds, 18 funds have issued announcements since September, saying that it may trigger the termination of fund contracts. Among them, 16 funds disclosed their operating data as of the announcement date, and explained the specific circumstances that may touch the termination of fund contracts.
"Veteran" Deng Hui will resign as general manager of Soochow Fund.
Recently, there is market news that Deng Hui, a well-known "veteran" in the industry, will resign as the general manager of Soochow Fund, but his next step is still unknown. It is worth noting that on September 9, the Soochow Fund disclosure announcement showed that Deng Hui "took over" the financial controller of Soochow Fund.
Recently, many companies have actively participated in the establishment of industrial funds.
According to incomplete statistics, since the second half of 2022, more than 100 listed companies have announced their participation in the establishment of industrial funds, of which about 40% intend to invest in emerging industries such as new energy and new materials. The market believes that by participating in the establishment of industrial funds, listed companies will invest in emerging industries strongly supported by policies such as new energy and new materials, which will help bring greater growth space for the company’s development and create new growth poles.
foreign exchange
On September 15th, the onshore RMB closed at 6.9775 against the US dollar at 16:30, down 145 points from the previous trading day.
Foreign exchange bureau: In August 2022, the bank settled 1,586.4 billion yuan of foreign exchange and sold 1,416.2 billion yuan of foreign exchange. From January to August, 2022, banks accumulated foreign exchange settlement of 11,681.4 billion yuan, and accumulated foreign exchange sales of 10,971.9 billion yuan. In dollar terms, in August 2022, the bank settled foreign exchange of 233.5 billion US dollars and sold foreign exchange of 208.4 billion US dollars. From January to August, 2022, the bank accumulated 1,782.7 billion US dollars in foreign exchange settlement and 1,673.3 billion US dollars in foreign exchange sales.
At the end of August, China’s central bank held RMB 21.3 trillion in foreign exchange. At the end of August, China’s central bank’s foreign exchange holdings decreased by 2.23 billion yuan.
A number of traders said that South Korea’s foreign exchange authorities are selling dollars to curb the decline of the won.
A. Shaktivel, chairman of the Federation of Indian Export Organizations (FIEO), said that after state bank of india agreed to facilitate the new mechanism, India will soon use Indian Rupee for trade with Russia.