According to the reporter of Securities Daily, in the first four months of this year, 744 domestic listed companies carried out M & A and restructuring, a year-on-year increase of 4.2%, involving a transaction amount of 501.685 billion yuan, basically the same as the same period last year, but the proportion of domestic M & A and restructuring increased to 65% (about 60% before that). In addition, since this year, the efficiency of M & A and reorganization audit has also been significantly improved.
? in recent years, 10 billion yuan of regional real estate enterprises have been born, raising the premium rate of land grabbing
The land market has stepped into a temperature channel, and the land premium rate of the first and second tier cities has begun to rise. Real estate enterprises with lower financing costs are speeding up the pace of land acquisition. Evergrande, rongchuang and other top real estate enterprises are also increasing their investment in Beijing, while regional real estate enterprises seeking scale are actively planning a new round of expansion.
According to the data provided by Zhongyuan Real Estate Research Center to Securities Daily, since 2020, there have been three plots with a total price of more than 10 billion yuan, totaling 31 billion yuan, 11.6 billion yuan and 10.4 billion yuan respectively, located in Shanghai, Shenzhen and Xiamen.
In general, these ten billion yuan plots are not taken by the head real estate enterprises, which indicates the beginning of another round of scale grabbing. Zhang Dawei, chief analyst of Zhongyuan Real estate, told Securities Daily that strictly speaking, there is no land king this year, and the premium rate of general land plot is not more than 50%. The floor price is also lower than the surrounding house price, but the land premium rate of hot cities has obviously started to rise.
Controlling shareholder s contracted market share of fixed increase of nearly 250 million yuan ST long-term investment is abandoned by capital stock price limit
In the morning of May 19, St long-term investment, which announced the plan of non-public offering, was placed on the drop board by secondary market funds.
On the evening of May 18, St changtou announced that the company plans to issue shares to the controlling shareholder of the company, Changjiang Economic United Development (Group) Co., Ltd. (hereinafter referred to as Changjiang United Group), with the issuing price of 432 yuan / share and the raising capital of no more than 250 million yuan. After deducting the issuing fee, all shares will be used to repay bank loans.
Dawan districts cross-border investment and financing meets policies, favors domestic and foreign capital and is ready to develop
Recently, the central bank and other four departments issued the opinions on financial support for the construction of Guangdong Hong Kong and Macao Bay area, which detailed and implemented the financial construction planning in the outline of Guangdong Hong Kong and Macao Bay Area Development (00737) plan released last year. Among them, a number of measures have been put forward to promote cross-border trade and investment and financing facilitation in Guangdong, Hong Kong and Macao. Such as improving the convenience of exchange of local and foreign currencies and cross-border circulation, supporting Guangdong, Hong Kong and Macao institutions to establish RMB overseas investment and loan funds, allowing Hong Kong and Macao institutional investors to participate in the investment of private equity investment funds and venture capital enterprises in the mainland of Guangdong, Hong Kong and Macao through qflp, and supporting the overseas investment of private equity investment funds in the mainland.
The third foreign giant applied for public fund license from Fidelity International
Since April 1 this year, the restrictions on the proportion of shares held by foreign investors in public funds have been formally lifted, and a number of overseas capital management giants have subsequently begun to submit applications for the establishment of public fund companies.
Yesterday, after two foreign-funded institutions, BlackRock and lubrima, Fidelity International also officially reported the application for public offering license.
According to the latest information on the CSRCs website, the approval materials for the establishment qualification of the public fund management company submitted by Fidelity Asia Holdings PTE. Ltd. on May 19 were received.
The reporter of securities times made statistics on the handling fees, commission expenses and management fees of 27 property insurance companies in 2019. These companies accounted for more than 90% of the market share, covering large, medium and small-sized property insurance companies. Meanwhile, the reporter tried to restore the way of vehicle insurance handling fees and commissions by interviewing a number of people in the property insurance industry.
According to the statistics of securities times, the business and management fees of property insurance companies are 239.3 billion yuan, accounting for 29.88% of the earned premiums. The business and management fees of the three large property insurance companies accounting for more than 70% of the market share are in the range of 20% - 27%, and most companies are in the range of 25% - 40%. The lowest value is 21% and the highest value is 68%. Statistics also show that 27 property insurance companies paid handling fees and commissions of 157.1 billion yuan in 2019, accounting for 20.66% of the average premium earned by the property insurance companies.
[China Securities Journal
Ciwen media disclosed on May 19 that the Shanghai network audio visual Industry Association recently announced the establishment of MCN (mul Ti channel network) Professional Committee. As one of the co sponsors, the company took the lead in joining the first MCN Professional Committee in China. Reporters from China Securities News noted that Huayi Brothers, huanrui century and other film and television companies are actively laying out the MCN field.
China Banking and Insurance Regulatory Commission issued new regulations to regulate financing credit insurance business
In order to further strengthen the supervision of credit insurance and guarantee insurance business (hereinafter referred to as credit insurance business), standardize business behavior, prevent and resolve risks, protect the legitimate rights and interests of insurance consumers, and promote the sustainable and healthy development of credit insurance business, the CBRC recently issued the measures for the supervision of credit insurance and guarantee insurance business (hereinafter referred to as the measures).
First, further clarify the operation requirements of financing credit insurance business. Put forward operational qualification requirements such as docking with the central banks credit system; further reduce the underwriting limit of the whole and single performance obligor; clarify independent risk control requirements such as core business can not be outsourced; clarify liquidity management requirements such as quarterly stress test.
ETF competes for diversity
Wind information data shows that since the second quarter, ETF products released in the whole market have increasingly diversified characteristics.
On the one hand, there are many new products in broad-based ETFs and their feeder funds, such as China Securities 800, China Securities 500, Shenzhen Securities 100 and other broad-based Index ETF products have been launched to the market. In addition to some small and medium-sized fund companies that hope to test ETF funds through broad-based products, there are also some powerful head fund companies. On the other hand, smartbeta ETF products continue to attract institutional attention. After setting factors such as low dividend wave, many new products have evolved from this kind of ETF. For example, Jingshun Great Wall dividend low volatility 100ETF takes the China Securities dividend low volatility 100 index as the target index, and adopts the full replication method, that is, the passive indexation investment is carried out based on the principle that the fund stock portfolio is constructed in full accordance with the components of the target index and their weights.
GuoXuan high tech plans to suspend trading and change the ownership of Volkswagen, the rumor is about to come true?
On the evening of May 19, GuoXuan high tech announced that the company had recently received a notice from Li Zhen, the actual controller, and the person acting in concert, and was planning the equity transfer. It planned to transfer part of the companys equity held by the company to strategic investors and involved other voting arrangements, which may lead to the change of the companys first largest shareholder and actual control right. The companys shares are suspended from trading on May 20.
GuoXuan high tech is one of the leading power battery enterprises in China. According to the statistics of GGII, the installed capacity of power battery of the company is about 3.2gwh in 2019, with the domestic market share of 5.2%, ranking the third in the industry, among which the installed capacity of lithium iron phosphate battery is 2.9gwh, ranking the second in the country. In 2019, the company achieved an operating revenue of 4.96 billion yuan and a net profit of 48.33 million yuan.
Leading real estate companies last year, the soil storage in hot cities is becoming more and more popular this year
Shanghai ushers in a wave of small upsurge of homestead supply. From May 19 to 21, Qingpu District, Songjiang District and Baoshan District will successively sell five homesteads with a total area of 118000 square meters and a total starting price of 4.537 billion yuan. In addition, Putuo District of Shanghai recently launched a commercial and residential land, with an area of 322900 square meters and a pre application starting price of 9.098 billion yuan. State energy group pushed forward the plan of Changyuan Electric Power Co., Ltd. to receive Hubei Changyuan Electric Power Co., Ltd. on the evening of the 19th, and disclosed that the company plans to issue shares to state energy group and pay cash to purchase 100% equity of Hubei electric power held by it. At the same time, it plans to raise supporting funds through non-public issuance of common shares to no more than 35 specific investors, with the total amount of raised funds not exceeding 1.6 billion yuan. One of the purposes of this transaction is to thoroughly solve the problem of horizontal competition. National energy group is the controlling shareholder of Changyuan power. As the audit, evaluation and due diligence of the subject assets are in progress, the estimated price of the assets won in this transaction has not been determined. Source: responsible editor of Securities Daily: Yang Qian_ NF4425
State energy group promotes the development of Hubei Electric Power
Changyuan electric power disclosed on the evening of 19th that the company plans to issue shares to national energy group and pay cash to purchase 100% equity of Hubei electric power held by it, and at the same time, it plans to raise supporting funds from non-public issuance of common shares by no more than 35 specific investors, with the total amount of raised funds not exceeding 1.6 billion yuan.
One of the purposes of this transaction is to thoroughly solve the problem of horizontal competition. National energy group is the controlling shareholder of Changyuan power. As the audit, evaluation and due diligence of the subject assets are in progress, the estimated price of the assets won in this transaction has not been determined.