A selection of financial news
Two ministries and commissions: the abolition of the "Interim Measures for the Administration of Domestic Financial Institutions to Issue RMB Bonds in the Hong Kong Special Administrative Region"
The People's Bank of China and the National Development and Reform Commission announced that: In order to implement the requirements of the State Council's reform, "to improve the macro-prudential management framework, optimize the system of issuing bonds abroad. In order to implement the State Council's reform requirements, improve the macro-prudential management framework, and optimize the system for domestic financial institutions to issue bonds abroad, it is hereby decided to abolish the "Interim Measures for the Administration of Domestic Financial Institutions Issuing Renminbi Bonds in the Hong Kong Special Administrative Region", and the issuance of renminbi bonds by domestic financial institutions abroad will be unified by the People's Bank of China, the National Development and Reform Commission and other relevant departments within the existing regulatory framework. The People's Bank of China, the National Development and Reform Commission and other relevant departments will be responsible for the issuance of RMB bonds by domestic financial institutions abroad within the existing regulatory framework and their respective areas of responsibility.
Source: central bank website
"14th Five-Year Plan" medical equipment industry development plan released high-end medical equipment and innovative device development will speed up
According to the CCTV website on December 28, "" Fourteenth Five-Year Plan" medical equipment industry development plan "was released this morning," the "plan" put forward, and strive to 2025, the medical equipment industry base advanced, industrial chain modernization level significantly improved, mainstream medical equipment basic to achieve effective supply, high-end medical equipment product performance and quality level significantly improved, the initial formation of public **** health and medical and health needs of the Comprehensive support capacity. According to the Ministry of Industry and Information Technology Equipment Industry Division Director Wang Weiming, the "plan" is the first national level of medical equipment industry development plan, will focus on diagnostic test equipment, treatment equipment, guardianship and life support equipment, Chinese medicine diagnosis and treatment equipment, maternal and child health equipment, health care and rehabilitation equipment, active implantation of interventional devices and other seven key areas.
Source: Securities Times Network
Banking and Insurance Regulatory Commission: banking institutions to increase the support for advanced manufacturing and self-control industry chain, supply chain
Currently, the banking industry is facing a complex and severe economic and financial environment, and a number of long-accumulated contradictions and problems have been concentrated exposure. Some banks have been ineffective in implementing national macro policies, some have repeatedly investigated problems in the field of credit management, and some have made new approaches to regulatory arbitrage. In particular, the recent depository receipt pledge bill business, personal information security and other risk events, the social impact is bad, damage to the overall reputation of the banking industry, exposed the relevant banks risk compliance awareness is weak, the business potential risk assessment is insufficient, the core management system and the lack of control measures, the internal staff of the outstanding moral hazard and other issues. There is an urgent need to learn from the lessons, learn from the mistakes, accelerate the remediation of management deficiencies and loopholes, and fundamentally reverse the situation in which efficiency is emphasized over compliance, and internal control requirements give way to business development.
In order to urge banking institutions to build a firm internal control compliance "firewall", effectively safeguard the legitimate rights and interests of financial consumers, and consolidate the foundation of high-quality development of the banking industry, agreed by the CBIRC, the Office of the CBIRC issued the "China Banking and Insurance Regulatory Commission Office on the continuing to do a good job in the banking institutions". Notice on the Work of the "Year of Internal Control and Compliance Management Construction" of Banking Institutions. The notice requires that efforts should be made to explore financial services to promote scientific and technological innovation, increase support for advanced manufacturing and independently controllable industrial chain and supply chain, and innovate green financial products and services around the realization of the "double carbon" goal. We should vigorously develop inclusive finance, continuously improve financial services for small and micro-enterprises and private enterprises, allocate more financial resources to key areas and weak links of rural revitalization, and ensure that all policy requirements for serving the real economy are put into practice.
Source: CBRC website
Guangdong Province 2021 automobile trade-in special action is extended to June 30, 2022
Guangdong Province Development and Reform Commission: With the consent of the provincial government, the Guangdong Province 2021 automobile trade-in special action is extended to June 30, 2022. If the financial subsidy funds are used up, the end date will be announced separately.
Source: Guangdong Provincial Development and Reform Commission website
China Rare Earth Group Chairman Ao Hong: in-depth promotion of substantive restructuring of rare earth assets
China Rare Earth Group Chairman Ao Hong 25 presided over the Group's theoretical study center group 2021 the first study session. Ao Hong emphasized the need to accelerate integration and fusion. Deeply promote the substantive restructuring of rare earth assets, accelerate the optimization of resources, assets and business layout, play a good 1 +1 +1>3 "convergence effect", and promote the formation of "rational development, orderly production, efficient use, advanced technology, intensive development" of the industry development pattern. The industry development pattern.
Source: China Rare Earth Group
(Investment adviser? Cai Jin? Registered investment adviser certificate number: S0260611090020)
Two, the market hot spot focus
Market review: capital back to the track stock, the three major indexes all closed up
Tuesday the two markets index oscillation closed up, the market total turnover amount amplified compared to the previous trading day. Specifically, the Shanghai index closed up index rose 0.39% to close at 3630.11 points; the Shenzhen Composite Index rose 0.83% to close at 14837.87 points; GEM rose 1.06% to close at 3328.56 points.
On the disk, the salt lake lithium concept stocks, digital live wave concept stocks and home appliance plate performance is active, the top gainers, the previous huge gains in stocks fell. From the trend, the three major indices were up, but the volume just broke the trillion, the current volume of the index is difficult to have a continuous upward performance, is expected to maintain the short-term index oscillation, individual plates active situation.
Operationally, the recent rise in stocks shall remain cautious, and do not recommend blindly bottoming such stocks. Short-term continue to pay attention to green power, Chinese medicine stocks and auto parts repeated active opportunities, it is recommended to pay attention to the military, chips, home appliances, photovoltaic and consumer and other high-quality leading enterprises as well as the midterm report to the good stock.
(Investment adviser? Yu Dechao? Registered Investment Advisor Certificate No.: S0260613080021)
Macro Viewpoint: Yi Gang: China's financial system is generally stable, financial risk overall convergence, generally controllable
Central bank governor Yi Gang said that at present, China's financial system is generally stable, financial risk overall convergence, generally controllable. In the previous period, individual real estate enterprises due to their own mismanagement, blind diversification expansion and other factors lead to risk exposure. After the risk exposure of individual real estate enterprises, the relevant departments and local governments have actively taken measures to resolve the risk in a stable and orderly manner, to meet the normal financing needs of residents and real estate enterprises, and market expectations are gradually improving. The structural adjustment of the real estate market is conducive to the formation of a new development model for real estate and the realization of a virtuous cycle and healthy development of the real estate industry.
Source: Xinhua News Agency
Comment: In 2022, the PBoC will conscientiously implement the spirit of the Central Economic Work Conference, and further enhance the ability of financial services to the real economy. Specifically, it is mainly reflected in three "stable": first, the total amount of money and credit grows steadily; second, the financial structure is steadily optimized; and third, the comprehensive financing cost decreases steadily. At present, the operation of China's financial system is generally stable, and the overall financial risks have been converged and are generally controllable. Governor Yi Gang's statement above, the overall impact on the market is favorable.
(Investment adviser? Cai Jin? Registered Investment Adviser Certificate No.: S0260611090020)
Defense Military Industry: aviation host plant batch production test flight perfect finish, "14 five" high-quality start has been laid
The first three quarters, the aviation industry economic operations The steady progress, progress in accelerating, fast in improving quality, the main efficiency indicators to maintain rapid growth, product delivery to achieve "2323" advanced balanced stage target. We believe that the aviation host factory successfully completed the annual production test flight mission ahead of schedule, the aviation industry production and research units to improve management, quality and efficiency, for the "14th Five-Year Plan" important cycle to achieve high-quality start, 2022 industry boom or further enhance the fundamentals of sustainable improvement can be expected. We believe that the "14th Five-Year Plan" will become China's rapid equipment changes to catch up with international advanced military forces and cutting-edge technology defense equipment to accelerate the breakthrough period. Aircraft and aero-engine industry is moving towards the product model synergistic, dual-track drive, mutual traction of the new stage of development, batch production models installed and in the research and development of models to batch production is accelerating, aviation sub-industry or will be in the long term in the development of a high degree of prosperity stage.
Source: Tianfeng Securities research report
Comment: the military industry has a valuation pivot to maintain or enhance the long-term sustained growth, is the standard long slope thick snow-type track, so we believe that the same taking into account the degree of growth continuity, the national long-term strategy to match the degree of stability and positive expansion of expectations and other characteristics of the comparable direction of the same advanced manufacturing industry, new energy track, such as lithium, photovoltaic, etc. Direction, the current valuation is not a significant bubble. At present, the military valuation did not appear obvious bubbles, with a larger space, it is recommended to focus on.
(Investment Advisor Yu Dechao Registered Investment Advisor Certificate No.: S0260613080021)
Three, new stock subscription tips
Bidding for shares subscription code 301136, the subscription price of 10.52 yuan
Termos subscription code 001234, subscription price of 16.53 yuan
?
Four, key stock recommendations
See the full version of the "Morning View" (customized path by month: Discovery - Information - Paid Information - Morning View; single customized path: Discovery - Gold Medal Connection - Morning View)