Four major securities newspapers: Reform of state-owned enterprises accelerates

 Four major securities newspapers: Reform of state-owned enterprises accelerates

With the help of a series of data, such as the year-on-year growth of industrial added value above the scale, the profit growth rate of industrial enterprises from negative to positive, and the frequent pre happy performance of listed state-owned enterprises, Chinas economy has more and more solid foundation for a steady recovery.

On June 29, the statistics released by the Ministry of Finance showed that in May, the total operating income of state-owned and state-owned holding enterprises (hereinafter referred to as state-owned enterprises) increased by 4% month on month, recovered to 98.6% of the same period last year, and the total profit of state-owned enterprises increased 251.1% month on month, returning to 94.5% of the same period last year. From the perspective of net profit, the after tax net profit of state-owned enterprises in May increased by 4% It increased by 415%.

When Tencent claims tens of millions of yuan in advertising expenses, Laoganma has never made any commercial cooperation with Tencent

On June 29, the peoples Court of Nanshan District, Shenzhen City, Guangdong Province issued a civil ruling, pushing the dispute between Tencent and Lao Ganma to the front of the stage.

According to the ruling, the court agreed to support the plaintiff Tencents request to seal up and freeze the bank deposits worth 16.2406 million yuan in the names of the defendants Guiyang Nanming Laoganma flavor food sales Co., Ltd. and Guiyang Nanming Laoganma flavor food sales Co., Ltd., or other properties of equivalent value.

New business form of county and town consumption market rises in scale

As a new species of county and town retail market, Suning retail cloud was born in 2017, and has been three years. On June 29, the reporter of Securities Daily learned from Suning that Suning retail cloud door store has advantages of scale after three years of replication development. As of the same day, Suning retail cloud door stores covered 31 provinces and municipalities, with 6230 stores.

From 1 to 6230, Sunings retail cloud model is still in constant fission. Liu Huaili, head of Suning retail cloud group, said in an interview with the Securities Daily that retail cloud plans to open about 320 stores in July this year, 8000 stores in 2020, and 12000 stores in 2021.

[Securities Times

The risk assets of trust companies are also increasing. According to the data of China Trust Industry Association, at the end of the first quarter, the asset risk ratio of the trust industry was 3.02%, 0.35% higher than that at the end of 2019; however, the month on month growth rate decreased by 0.22% compared with 0.57% at the end of 2019. There were 1626 risk projects in the trust industry, with an increase of 79 on a month on month basis, an increase of 5.11%. The scale of risk assets in the trust industry was 643.103 billion yuan, an increase of 66.56 billion yuan on a month on month basis, with an increase of 11.45%.

1.35 billion real estate bad creditors rights shot

On June 30, another round of auction of Tibet trusts bad debt project ended, but the auction result has not yet been achieved, and the next round of auction procedures on July 7 has entered.

This is a channel business. The bank is the entrusting party. At present, it has entered the judicial auction procedure. If the auction does not go out in the future, it is not easy to say how to deal with it. It may eventually depend on the auction situation of the court. The relevant person in charge of Tibet trust responded to the reporter.

The first self-discipline regulation of live broadcasting with goods

On July 1, the code of conduct for online live marketing (hereinafter referred to as the code) issued by China Advertising Association was formally implemented. The code is the first industry self-discipline standard in the live marketing industry, which will provide behavior guidelines for all kinds of subjects engaged in online live marketing activities.

In recent years, the live marketing industry has developed rapidly, but there are many problems in the live marketing activities, such as traffic fraud, speculation (refers to delete adverse evaluation to improve the credit level), false publicity and other issues. The implementation of the norms from the business, anchor, live broadcast platform, MCN institutions, and other aspects of these behaviors are standardized.

The three-year action plan has been passed and the reform of state-owned enterprises has entered the expressway

On June 30, the 14th meeting of the central comprehensive Deepening Reform Commission deliberated and adopted the three-year action plan for state owned enterprise reform (2020-2022). Industry insiders pointed out that the announcement of the action plan has entered the countdown, and the goal, timetable and roadmap of SOE reform will be further clarified. With the accelerated implementation of a series of reform measures, including four batches of 210 household mixed reform pilot projects, double hundred action, regional comprehensive reform experiment and science and technology reform demonstration action, about 1000 pilot enterprises from the central government to the local government have started the reform, and the reform of state-owned enterprises will enter a new stage of rapid progress and substantial progress.

Peng Huagang, Secretary General of SASAC and spokesman of the state owned assets supervision and Administration Commission, said at the press conference of the state owned assets supervision and Administration Commission that this year is the first year to implement the three-year action plan. The major direction of reform mainly includes: improving the modern enterprise system with Chinese characteristics, accelerating the establishment and improvement of market-oriented operation mechanism, actively and steadily stratified classification, deepening the mixed ownership reform, and further improving the state-owned capital management oriented Asset supervision system, vigorously promote the double hundred action, regional comprehensive reform experiment, science and technology reform demonstration action and other special projects, and further strengthen the partys overall leadership over state-owned enterprises.

The issue of special treasury bonds meets the peak, infrastructure investment has enough living water

On June 30, the Ministry of Finance announced the issuance plan of national debt for the third quarter, specifying the bidding date of special anti epidemic treasury bonds. Experts believe that in July, local bonds and general treasury bonds will give way to the issuance of special anti epidemic bonds. Under the balanced issuing rhythm, local bonds giving way and the protection of central bank monetary policy, there is no need to worry too much about the disturbance of capital. In addition, a large amount of capital will flow to infrastructure investment, whether it is special treasury bonds or local government bonds, and the capital of infrastructure projects will continue to improve.

In June, the issuance of local government bonds dropped sharply, and the issuance progress of new special bonds reached about 60%. Data show that local governments issued 286.678 billion yuan of bonds in June, far below the historical peak of 1302.458 billion yuan in May. According to the preliminary statistics of China Securities Journal, a total of 117.575 billion yuan of special bonds were issued in June, including 81.092 billion yuan of new special bonds. Data from the Ministry of Finance showed that in the first five months, a total of 215.017 billion yuan of new special bonds were issued. As a result, as of the end of June, 2231.263 billion yuan of new special bonds had been issued, and the issuance progress reached 59.50%.

The first half of the first half of the year saw a wave of brand raising

The China Insurance Association disclosed a few days ago that Centennial Life Insurance Co., Ltd. bought 36.1616 million shares of shares by way of agreement transfer on June 24, accounting for 6% of the companys existing total share capital. In the first half of this year, the enthusiasm of insurance capital entering the market was high, and the number of card raising exceeded that of last year. Analysts said that behind the intensive brand raising of insurance capital and the active market entry, insurance companies intention to increase equity assets, actively seek to hedge interest rate downward and non-standard asset yield decline, and stabilize the asset side income. It may be the general trend for insurance assets to build positions at low prices and allocate more high-quality equity assets.

It is understood that tbhomelimited, the major shareholder of gujia home, and Centennial life signed the share transfer agreement. Both sides confirmed that the transfer price of each share of the transaction was based on 90% of the closing price of the secondary market on the trading day before the signing date of the above agreement, and the transfer price was determined to be 40.518 yuan / share, with a total amount of about 1.465 billion yuan.

Shanghai Securities News

66% of IPO companies under examination have been accepted for the first reorganization of Hualuo Shengbang shares

On the evening of June 30, the Shenzhen Stock Exchange announced the Sixth Batch of enterprises which were approved of the gem reform and pilot registration system. Among them, 25 enterprises applied for IPO, 21 enterprises applied for refinancing and 1 applied for major asset restructuring.

According to the comparison between Shanghai Securities News reporters, there are 121 IPO companies in total in six batches. After the first five batches of enterprises accepted only IPO and refinancing cases, Shengbang shares in the Sixth Batch of enterprises accepted became the first enterprise to accept major asset restructuring.

Hualan vaccine has been registered in Henan securities regulatory bureau for IPO guidance

Hualan bio plans to spin off its subsidiary Hualan vaccine, which has made new progress. On the evening of June 30, Henan securities regulatory bureau announced that Hualan vaccine was receiving guidance from Huatai United Securities Co., Ltd., and had been registered in Henan Securities Regulatory Bureau on June 30.

On March 26, Hualan bio announced that its Hualan vaccine is a company jointly invested and established by Hualan biological and Hong Kong Kekang Co., Ltd., with a registered capital of 100 million yuan, of which Hualan biological holds 75% and Hong Kong Kekang holds 25%.

Jinkes properties are to be listed in Hong Kong with no more than 166 million H shares to be issued

Less than two months after the formal announcement of spin off and listing, Jinke shares, the main business of real estate, ushered in a new dynamic.

On the evening of June 30, Jinke Co., Ltd. issued an announcement, and the company received a notice from its holding subsidiary, Jinke Intelligent Services Group Co., Ltd. (hereinafter referred to as Jinke service) that Jinke service had submitted to the Hong Kong Stock Exchange on June 29 the application materials for the initial public offering of overseas listed foreign shares and listing on the main board of the Hong Kong stock exchange. CITIC Securities and Huatai international are co sponsors.

According to the listing application documents, Jinke service business includes four parts: property management service, non owner value-added service, community value-added service and intelligent technology service. It is the first comprehensive intelligent property service provider in Southwest China, and has entered 210 cities including Beijing, Chongqing, Tianjin, Wuhan, Nanjing, Chengdu, Shenyang, Zhengzhou and Changsha.

Source of this article: Yang Qian, editor in charge of Securities Daily_ NF4425