399375 CNI Mid Cap. Value Index
- 5083.36
- +12.15+0.24%
How to write a great article on digital finance? Experts at Shanghai Lujiazui Financial Forum discuss the balance between financial innovation and regulation.
When facing the balance between digital financial innovation and regulation, the industry believes that the relationship between balancing finance, innovation and regulation under the digital financial framework is a dynamic process. Based on the strategic height of building a financial power at the Central Financial Work Conference, financial institutions are required to make great efforts in digital finance. How to implement it specifically?
Li Yunze talks about developing insurance funds in the latest Lujiazui Forum. Experts interpret that insurance funds should leverage the advantage of "patient capital".
1. Insurance assets only account for 7% of the total financial assets in China, while the international average is around 20%; 2. The number of people covered by major illness insurance in China has reached 1.2 billion, and the retirement reserve accumulated by the insurance industry is over 6 trillion yuan; 3. In terms of compensation for losses in major disaster accidents, the proportion borne by the insurance industry in China is only 10%, while the global average is as high as about 40%.
What signal does the central bank governor release on interest rate reform at the Lujiazui Forum? Experts suggest to downplay the MLF policy rate color and improve the quality of LPR quotes.
1. People's Bank of China Governor Pan Gongsheng has sent a signal to further improve the market-based interest rate regulation mechanism; 2. Previously, the MLF rate, which was used as the medium-term policy rate, often deviated from the trend of market rates with the same period, causing market confusion. In the future, the policy color of the MLF rate should be gradually weakened; 3. The direction of future LPR reform should be to generate a quote that both borrowers and lenders feel is fair, and use it as a pricing reference for loans.
Pan Gongsheng talked about government bond trading in Shanghai Lujiazui Finance & Trade Zone Development. Experts say that the central bank once again warned of risks in the bond market and guided expectations for new mechanisms.
The recent speech from the People's Bank of China at Shanghai Lujiazui Finance & Trade Zone Development further clarifies that the PBOC's buying and selling of national bonds does not represent quantitative easing, while also warning of risks in the bond market and expressing high concerns over long-term bond yields. The PBOC has previously indicated the potential risks of long-term government bond rates, reflecting a new mechanism for guiding expectations. In recent years, disruptions in market expectations caused by 'small essays' have been pointed out by industry experts, highlighting the importance of guiding expectations in improving the framework of monetary policy.
Sensor Tower: Tencent's Dungeon & Fighter: Origin is the most explosive mobile game in the past few years.
In May 2024, a total of 40 Chinese companies were shortlisted in the Top 100 Global Mobile Game Publisher Revenue List, with a total revenue of 2.11 billion US dollars, accounting for 39.7% of the revenue of the Top 100 Global Mobile Game Publishers in this period.
Another R&D project has been canceled. Will sh pharma's R&D funding of 115 million yuan be wasted? | Quick read announcement
Tonight, sh pharma announced that it has decided to terminate clinical trials and subsequent development of four research and development projects involving indications such as B-cell non-Hodgkin's lymphoma and multiple sclerosis. The accumulated research and development investment in the early stage has reached 115 million yuan. Industry experts believe that factors such as effectiveness not meeting expectations, better effects of similar competing products, and increased uncertain factors in research and development may cause the company to terminate its in-research projects.
Viewpoint | Once the short-term disturbance of oil prices exceeds its limits, the market will undergo self-adjustment.
CNOOC's cost control ability is one level better than its US counterparts, even if the oil price falls to 65 or even 60, it can still steadily gain profits.
World of Warcraft Battle.net login is open, and today the information about the Chinese server's return will be announced; ASML jumps up to become the second largest listed company in Europe. | AI Daily Morning News
15 imported games have been approved for release, with cross-platform IP games being the highlight. Sales with Hui Tong have exceeded East Buy. Intel CEO: China is still an important market.
The chairman of the leading copper-clad board with a market cap of nearly 50 billion has retired. He once pushed for the spin-off and listing of Shengyi Electronics.
Shengyi Technology announced this evening (June 5th) that its chairman, Liu Shufeng, retired due to age; Currently, Shengyi Technology has no actual controller, and its largest shareholder is Guangdong Guangxin Holdings Group Co., Ltd., holding a stake of 25.12%, who had previously expressed interest in seeking the actual controlling rights of Shengyi Technology.
The billion-dollar project progressed slower than expected. Jiangxi Copper terminated the listing of its copper foil business.
① The copper foil industry is under pressure, processing fees continue to decline, and Jiangxi Copper has terminated the listing of its copper foil business; ② The company's previously planned copper foil project of over 10 billion yuan has not progressed as expected.
Science and Technology Innovation Board Evening News|Mai Lande terminated the acquisition of 55% of Maidou Health's shares, and Era Electric Consortium won the bid for the intercity rail construction project for 20.688 billion yuan
① Hangzhou: The penetration rate of new energy vehicles will reach more than 50% by 2027; ② Lanfan Baisheng completed the A+ round of financing of 100 million yuan.
Shanghai optimizes and adjusts real estate market policies The hot trend in the real estate sector is expected to continue
① Shanghai issued a notice on policies and measures to optimize the stable and healthy development of the city's real estate market. The “Notice” clearly adjusts and optimizes housing purchase restriction policies. ② Qi Dong of Open Source Securities believes that the signal for the central government to stabilize real estate is clear. Future real estate policies will continue to be relaxed, and there is still room to release demand for home purchases. Continue to be optimistic about strong credit real estate enterprises with high investment intensity, excellent layout area, and market-based mechanisms.
Establishing cooperation with central state-owned enterprises through the new energy business, the power leader recorded a 20CM rise and fall this week, institutions are intensively investigating related listed companies
① When surveyed by the agency, Jiuzhou Group said that it has seized the power plant construction opportunity and established good cooperation with central state-owned enterprises through the new energy business. Currently, it has obtained 1 GW of power plant indicators and approved projects. The company closed 20CM higher or lower on Friday. ② Sort out the industry sectors that institutions are most concerned about this week (attached table), the list of listed companies (subsidiary shares), and the latest research on the power industry.
Investment income comes from bank dividends and many issues are avoided without discussing Youngor's results will be “spared like money” | Direct access to performance meetings
① The company's investment income mainly comes from dividends from CITIC Corporation and Bank of Ningbo ② Financial investments in other non-main businesses will speed up disposal efforts ③ The profit of the fashion sector business declined in the first quarter. The company says it is investing heavily in the acquisition of brands
Did the majority shareholders who increased their holdings last year all make money? Bank of Ningbo revealed the latest progress in increasing Youngor's holdings. After the “purchase” in mid-February, the stock price has risen by more than 20%
① Bank of Ningbo and Bank of Lanzhou announced on the same day that the shareholder increase was completed, and the proportion of Youngor's shareholding in Bank of Ningbo increased to 10%; ② Bank of Ningbo's stock price has continued to rise since the beginning of the year. After Youngor's current round of holdings increase, Bank of Ningbo's stock price has risen by more than 20%; ③ After Central Huijin increased its holdings in the four major banks last year, the average increase so far is about 17%.
The quarterly adjustment of the MSCI Index excludes 15 Hong Kong stocks. The effective date is scheduled for early June
① Which individual stocks will MSCI China adjust quarterly? ② How much impact does the MSCI Index have on the market?
MSCI China Index Quarterly Adjustment Announced! Added 10 new constituent stocks including Hisense Home Appliances (00921)
On May 15, MSCI, an international index compiling company, announced its quarterly index adjustment results for May 2024. The adjustment results will take effect after closing on May 31, 2024.
The situation in the Red Sea is driving up freight rates, and the stock price of oil transportation stocks has also gone up high and high, but Yuanhai Energy's management is now “reducing its holdings at a high level”?
① COSCO Haineng's stock price reached a new high during the year. Tonight it was announced that Zhu Maijin and three other directors and executives plan to concentrate on bidding to reduce their holdings; ② Currently, due to the situation in the Red Sea, oil freight rates are at a high level. As of May 10, VLCC TD3C TCE reached 5,1005 US dollars/day.
Price increases combined with negotiations broke down, and European shipping continued to reach record highs! Hong Kong A shipping stocks have surged one after another
Various futures contracts soared.
In order to meet regulatory requirements, Shenzhen Energy Finance plans to withdraw from Huatai Insurance's shareholder list, and several finance companies are intensively “selling off” financial shares
① Huatai Insurance announced that Shenzhen Energy Finance plans to transfer all of its shares, and Shenzhen Energy will take over the shares; ② Shenzhen Energy stated that the share transfer was to meet the regulatory requirement that “finance companies are not allowed to invest in financial institutions and enterprises”; ③ several other finance companies are listing to transfer their shares in financial companies. The phenomenon of regulation forcing finance companies to withdraw from financial enterprises is prominent.