Review of important information affecting the market over the weekend

According to news on May 8, important information affecting the market over the weekend (May 6-May 8) includes: heavy documents are issued to promote urbanization construction with county towns as an important carrier; the central bank will launch 100 billion yuan of re-lending support as soon as possible Transportation, logistics and warehousing industry financing; four departments issued a document prohibiting minors from participating in live broadcast rewards; mysterious childhood hepatitis spread to 25 states in the United States.

  • 【Macro News】

The central heavyweight document promotes the urbanization construction with the county seat as an important carrier! How to do local urbanization?

Recently, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council issued the “Opinions on Promoting Urbanization Construction with County Towns as an Important Carrier”. The opinions comprehensively and systematically put forward the guiding ideology, work requirements, development goals, construction tasks, policy guarantees, and organization and implementation methods of county construction. These deployments show that promoting the construction of county towns is of great significance to promoting the construction of a new type of urbanization and building a new type of urban-rural relationship between workers and farmers.

Central Bank: It will launch 100 billion yuan of re-loans as soon as possible to support the financing of transportation, logistics and warehousing industries

The People’s Bank of China has flexibly used various structural monetary policy tools under the aggregate policy framework, and dynamically adjusted the focus of support according to the needs of different periods of economic development, which has played an important supporting role in helping market players bail out and the development of the real economy. According to the requirements of the executive meeting of the State Council, the People’s Bank of China will also issue 100 billion yuan of re-loans as soon as possible to support the financing of transportation, logistics and warehousing industries, and promote the solution of pain points and difficulties in epidemic prevention and control.

The latest speech of the deputy governor of the central bank! Go all out to support the bailout and development of market entities and look at the key measures!

On May 7, according to Xinhua News Agency, Chen Yulu, deputy governor of the People’s Bank of China, said in an interview with Xinhua News Agency that in the next step, the People’s Bank of China will resolutely implement the spirit of the meeting of the Political Bureau of the Central Committee and urge financial institutions to make good use of various financial services. policy, and proactively serve the real economy. The focus is to speed up the implementation of the established policy measures, proactively plan incremental policy tools, go all out to support the bailout and development of market entities, and help small, medium and micro enterprises and individual industrial and commercial households tide over the difficulties.

Four departments: prohibit minors from participating in live broadcasts, strictly control minors to engage in anchors

The State Administration of Radio, Film and Television and other four departments issued the “Opinions on Regulating Online Live Rewards and Strengthening the Protection of Minors” on the 7th. Opinions put forward that minors are prohibited from participating in live broadcast rewards. Website platforms should adhere to the principle that is most beneficial to minors, improve the protection mechanism for minors, strictly implement the real-name system requirements, and prohibit the provision of various reward services such as cash recharge, “gift” purchase, and online payment for minors. Strictly control minors from engaging in anchors.

China’s foreign exchange reserves at the end of April reported $3,119.72 billion, a decrease of $68.274 billion from the previous month

China’s foreign exchange reserves at the end of April were reported at US$3,119.72 billion, a decrease of US$68.274 billion from the previous month; China’s gold reserves at the end of April were reported at 62.64 million ounces (about 1948.32 tons), unchanged from the previous month.

CDC: Mysterious childhood hepatitis spreads to 109, 5 deaths in 25 states

On Friday (6th) local time, the Centers for Disease Control and Prevention (CDC) announced that 25 U.S. states and territories have reported unexplained cases of childhood hepatitis, bringing the total number of people under investigation. rose to 109. Not only the United States, but unexplained cases of childhood hepatitis are spreading in many countries. Japan’s Ministry of Health, Labour and Welfare reported on Friday that since April 29, four new cases of unexplained childhood hepatitis have been reported in Japan, bringing the total number of cases to seven.

Supply may be interrupted at any time! World’s largest pulp producer issues warning

Susano Paper & Pulp, the world’s largest pulp producer headquartered in Brazil, has warned that global pulp stocks have been falling sharply and supplies are facing shortages, which may lead to higher prices for essentials such as tissue and toilet paper in the future. Packaging paper, diapers and toilet paper, among others, are now at risk of rising prices, which are expected to hit consumers in a new round.

Two associations: Actors’ remuneration and other labor income shall not be paid in cash

The China Federation of Radio and Television Social Organizations and the China Network Audio-Visual Program Service Association released the Model Text of Actor Employment Contracts (for Trial Implementation). It is mentioned in the instructions for use that labor income such as actor remuneration shall not be paid in cash, and income shall not be concealed in the form of disguised payment of equity, real estate, jewelry, calligraphy and painting, collectibles, etc., and strictly distinguish personal income, studio operating income, and company income. . The actor employment contract shall specify the remuneration distribution between the actor’s agency/actor studio and the actor himself, as well as the corresponding contractual obligations. At the same time, all parties should strictly fulfill their obligations to pay taxes in accordance with the law, and the actors themselves should declare and pay taxes on their own in accordance with relevant regulations.

More than 50% of the upper limit is price gouging! The National Development and Reform Commission held a major meeting to strengthen the regulation and supervision of coal prices!

The National Development and Reform Commission announced that recently, the National Development and Reform Commission has successively issued the “Notice on Further Improving the Coal Market Price Formation Mechanism” and Announcement No. 4 of 2022, which will be implemented on May 1. Enterprises exceeding the upper limit by 50% are price gouging, and will be transferred to relevant departments for investigation and punishment according to law.

447 key enterprises in Shanghai Pudong gradually resume production capacity covering industries such as biomedicine

At present, 447 key enterprises have gradually resumed production capacity. In accordance with the principle of “non-stop production, alternate mining, full coverage, point-to-point, and no gathering”, the continuous production of enterprises is guaranteed. As of May 6, the first batch of 155 municipal-level “whitelist” enterprises had resumed work at 151; the second batch of 300 enterprises had resumed work at 189. 107 non-city “whitelist” companies resumed work.

  • 【Market News】

S&P, Nasdaq hit the longest weekly losing streak in more than a decade, most popular Chinese concept stocks closed lower

U.S. stocks generally fell, the Nasdaq and S&P fell for five consecutive weeks, the two set the longest weekly losing streak in more than a decade, and the Dow fell for six consecutive weeks; most popular Chinese stocks closed lower, and Alibaba fell nearly 5 %, Baidu fell nearly 6%, and Jingdong fell more than 6%.

Fang Xinghai, Vice Chairman of the China Securities Regulatory Commission: The development of the capital market and fund industry is still in a period of important strategic opportunities

Fang Xinghai, member of the Party Committee and Vice Chairman of the China Securities Regulatory Commission, said that economic construction is still the central work of the Party. Although the current economic development faces some prominent difficulties and challenges, the development of the capital market and the fund industry is still in a period of important strategic opportunities. The whole industry fully understands the important role of securities investment funds in economic innovation and development, strengthens confidence in development, explores and innovates, actively leverages the advantages of talent gathering, seizes development opportunities under the new situation, focuses on high-quality development and self-capacity building, and comprehensively improves and serves the public , the efficiency of serving the real economy.

Will the Fed be more aggressive? The remaining 5 meetings of the year may raise interest rates by about 200 basis points

The swaps linked to the Fed’s meeting date show a 100% chance of a rate hike by at least 50 basis points in June and a 26.2% chance of a 75 basis point hike. The probability of the Fed raising interest rates by 50 basis points in July is 92.9%, and the remaining 5 meetings of the year will raise interest rates by about 200 basis points.

China Foundation Association: Promote the establishment of a long-term capital “willing to come and retain” institutional environment to deepen investor education

Recently, the second meeting of the third council of the Asset Management Association of China was held in Beijing. The meeting pointed out that in terms of strengthening the foundation and optimizing the environment, it is necessary to improve the infrastructure of cultural leadership and openness and common progress, strengthen the industry culture, accumulate the “soft power” of the industry, strengthen political leadership, and establish a modern asset management institution governance system that conforms to Chinese characteristics. , to promote the establishment of a long-term capital “willing to come and retain” institutional environment, focusing on investor capacity building, and deepening investor education.

Dong Chengfei refreshed the screen! It is planned to purchase no less than 40 million to set a new record! 17 private equity firms purchased nearly 2.7 billion during the year

Star private equity Ruijun Assets announced that Dong Chengfei, the company’s managing partner and chief research officer, plans to purchase a new fund of no less than 40 million yuan. At the same time, the announcement stated that Ruijun Chengfei series of new products will be raised from May 9. According to statistics, as of the end of April, 17 private equity firms have announced self-purchase since the beginning of this year, with a self-purchase amount of 2.695 billion yuan.

The regulators have repeatedly mentioned “market making transactions on the Science and Technology Innovation Board”, and the industry recommends supporting more risk mitigation tools

Experts said that the launch of the STAR Market for market-making transactions is expected to improve the liquidity of the sector, promote reasonable pricing of stocks, stabilize irrational and large fluctuations, and provide experience for the implementation of the market maker system in other sectors of A-shares. Drawing on the experience of the New Third Board, the market maker system on the Sci-Tech Innovation Board can be equipped with more risk mitigation tools and incentive systems.

  • 【Listed company】

up to date! Changsha City established an investigation team to investigate gas emissions from BYD’s Yuhua District factories

On May 8, the Changsha Municipal Party Committee and Municipal Government have set up an investigation team to organize government departments, third-party testing agencies and relevant experts to enter the BYD Yuhua District factory to conduct investigations in response to reports from the public about gas emissions from BYD’s Yuhua District factories.

How long can the boom in camping economy and concept stocks rise?

This year’s “May Day” holiday, camping has become a trend. After the holiday, benefiting from the popularity of the “camping economy”, the stock prices of many companies that produce outdoor products have risen sharply in the past few days. For example, Mu Gaodi, whose main products include camping tents, reached the daily limit on May 5, and hit the daily limit on May 6; Sanfu Outdoor, whose main products include many outdoor equipment, has reached the daily limit for two consecutive trading days after the festival.

Zhongqingbao suddenly changed coaches! The chairman’s remark “If you don’t work overtime, you will be fired” is involved in the whirlpool of public opinion. The 27-year-old son takes over

As a core concept stock of the Metaverse that was once sought after by the market, Zhongqingbao has undergone major personnel changes. Zhongqingbao announced on the evening of May 6 that the company’s board of directors recently received a written resignation report from the company’s chairman and director Li Ruijie. Li Ruijie applied to resign from the company’s chairman and director positions due to work adjustment.

Rush to the hot search! Pagoda apologizes for being exposed to using spoiled fruit for fruit cutting

Baiguoyuan, which has just submitted its listing application to the Hong Kong Stock Exchange, was exposed to problems such as using spoiled fruit for fruit cutting, continuing to sell apples after moldy, and small pineapples acting as big pineapples. In response to the above incident, Pagoda also issued an apology statement on its official Weibo platform. Subsequently, the topic of apology from Baiguoyuan also rushed to the hot search list.

ByteDance establishes Douyin Group or independently listing its domestic business in Hong Kong

On May 8, according to the website of the Hong Kong Companies Registry, ByteDance (Hong Kong) Co., Ltd. has changed its name to Douyin Group (Hong Kong) Co., Ltd., effective May 6, 2022. Various actions show that the company may be reconsidering and listing domestic businesses such as Douyin independently as Douyin Group in Hong Kong.

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