Mini Program: A review of daily market news in A-shares.
Important News
1. In October, the share of China's renminbi in global payments via Swift was 2.93%, down from 3.61%.
The Global Bank Financial Telecommunications Association (Swift) released its monthly report and data statistics on the renminbi today, showing that in October this year, the renminbi's share in global payment currencies fell to 2.93%, making it the fifth most active currency in the world. Specifically, compared with September, the total payment amount in renminbi decreased by 16.35%, while the total payment amounts of all currencies increased by 3.16%. Swift data also showed that in October this year, in the ranking of payment amounts among major currencies, the US dollar, euro, pound sterling, and yen accounted for 47.04%, 22.90%, 7.31%, and 3.91% respectively.
2. After the adjustment of index compilation rules, the Shanghai Stock Exchange 180 ETF welcomes significant expansion, with multiple fund companies collectively reporting new products.
According to information from the China Securities Regulatory Commission's website, Yifangda Fund, Southern Fund, Huatai-PineBridge Fund, Yinhua Fund, Tianhong Fund, Penghua Fund, Ping An Fund, and Industrial Fund have collectively reported the Shanghai Stock Exchange 180 ETF. This is the first time this type of product has welcomed expansion since the Huahuan Shanghai Stock Exchange 180 ETF. (CSI Jin Niu Zuo)
3. National Energy Administration: In conjunction with the pilot work of large-scale application of vehicle-network interaction, improve relevant electricity pricing policies.
At the 2024 China Automotive Charging and Battery Swap Ecosystem Conference held today, Tan Hongjiang, Deputy Director of the Electricity Department of the National Energy Administration, stated that it is necessary to adhere to technological innovation and standard leadership, promote the advancement of charging technology, strengthen key technology breakthroughs and core equipment development, and facilitate effective connections across all links of vehicle-network integration. In conjunction with the pilot work of large-scale application of vehicle-network interaction, improve relevant electricity pricing policies, market mechanisms, innovate service models, accelerate technology validation, fully implement the newly introduced mandatory national standards, enhance system safety protection levels, continuously improve the standard system for charging infrastructure, and strengthen the iteration and updating of policy standards, thereby enhancing international leadership capabilities.
4. Ministry of Commerce: Plans to advance next year's automobile trade-in policy.
Song Yingjie, a secondary researcher from the Department of Consumption Promotion of the Ministry of Commerce, stated today at the 2024 Automotive Finance Industry Summit that the current national automobile scrapping and updating application volume, as well as the national automobile replacement and updating application volume, have both exceeded 2 million, totaling over 4 million. The daily subsidy application volume continues to remain high, driving a year-on-year increase of over 50% in the national scrapped automobile recovery volume from January to October. Song also stated that the next step is to scientifically evaluate the effectiveness of this year's policy based on the continued implementation of the already introduced subsidy policies and a series of supporting policies, plan in advance for next year's automobile trade-in policy, stabilize market expectations, and continuously improve automobile-related policies to promote reliable and convenient transactions of used cars.
5. The National Certification and Accreditation Administration released a plan to promote the comprehensive improvement of quality management systems for small and micro enterprises.
A reporter learned today that the National Certification and Accreditation Administration released an action plan to enhance the quality management system certification for small and micro enterprises, focusing on enhancing the quality competitiveness of these enterprises. According to the action plan, market supervision departments and certification agencies should conduct surveys on the product and service quality status of small and micro enterprises, select enterprises with strong willingness to improve and significant improvement potential, and establish support records, promoting the downward flow of professionals and specialized technology to guide enterprises in systematically enhancing their quality management levels. At the same time, industry organizations and certification agencies are encouraged to explore the formulation of graded certification standards for the quality management systems of small and micro enterprises. Additionally, market supervision departments should guide and support local industrial aggregation areas to leverage scale advantages and agglomeration effects, explore the linkage cultivation mechanism of small and micro enterprises along the industrial chain, and guide leading enterprises to take the lead in forming quality technology innovation alliances to collaboratively address common technical challenges in quality management across the industrial chain.
6. Ministry of Industry and Information Technology: Increase efforts in innovation breakthroughs and accelerate the iteration and upgrading of large model technologies and products.
Zhang Yunming, Deputy Minister of Industry and Information Technology, stated at the 2024 World Internet Conference Wuzhen Summit that the Ministry of Industry and Information Technology will seize new opportunities, respond to new challenges, focus on large models, layout large computing power, integrate big data, dig deep into large products, cultivate large enterprises, ensure major safety, and accelerate the development of new quality productivity. Specific measures include adhering to innovation-driven approaches, strengthening industrial cooperation, increasing efforts in innovation breakthroughs, promoting software and hardware adaptation, and constructing a full-stack industrial chain; adhering to application-driven approaches, expanding landing products, promoting the application of artificial intelligence technologies in industrial scenarios, and enhancing the level of empowerment for manufacturing; adhering to industry-research linkage, optimizing the industrial ecosystem, supporting the formation of innovative alliances, and deepening technical and talent exchange cooperation; adhering to multi-party interaction, deepening industrial cooperation, practicing global governance initiatives for artificial intelligence, and strengthening cooperation with international organizations to create an open and fair development environment for artificial intelligence. (CSI Jin Niu Zuo)
7. Minister of Industry and Information Technology Jin Zhuanglong: Small and medium-sized enterprises should vigorously develop smart products and promote the upgrade of consumer terminals such as home appliances and mobile phones.
Minister of Industry and Information Technology Jin Zhuanglong chaired the seventh roundtable meeting for small and medium-sized enterprises. Jin emphasized that small and medium-sized enterprises are an important driving force for the development of the artificial intelligence industry, with vibrant innovation and great potential. He hopes that entrepreneurs will actively integrate into national strategies, benchmark against international first-class standards, adhere to the path of specialized, refined, characteristic, and innovative development, focus on creating unique skills, forge differentiated advantages, and continuously enhance the core competitiveness of China's artificial intelligence industry. There should be sustained increases in R&D investment, focusing on computing power, models, and data, strengthening the foundation of key technologies, and improving the collaborative development ecosystem of software and hardware. Accelerate enabling key industries, serving the intelligent and green low-carbon transformation of the manufacturing industry across scenarios such as R&D design, pilot verification, production manufacturing, marketing services, and operational management. Vigorously develop smart products, accelerate the research and development of smart equipment, promote the upgrade of consumer terminals such as home appliances and mobile phones, and create intelligent software applications. Strengthen international cooperation, actively integrate into the global industrial chain and innovation chain, introduce advanced technologies and high-end talents, launch more iconic products, and actively participate in international governance of artificial intelligence. (MIIT Weibo)
8. The second batch of CSI A500 ETFs on the Shanghai Stock Exchange has all been fully subscribed, with the first batch of 3 products exceeding 10 billion in scale.
Recently, the Shanghai Stock Exchange's second batch of CSI A500 ETF products (from 5 companies: Huaxia, GF, Huitianfu, Penghua, and Huabao) have completed fundraising, all reaching the fundraising scale limit, totaling 10 billion yuan. Among them, Huaxia and GF's CSI A500 ETFs have been listed and are operational, reflecting the market's high recognition of quality A-share assets. As of November 20, the first batch of 5 listed CSI A500 ETFs on the Shanghai Stock Exchange has a total scale of 57.4 billion yuan, showing rapid growth since listing. Among them, 3 products (Zhaoshang CSI A500 ETF-560610, Fuguo CSI A500 ETF-563220, Morgan CSI A500 ETF-560530) have surpassed 10 billion yuan in scale, continuously guiding capital inflow into high-quality large-cap leading listed companies and attracting medium to long-term capital into the market.
9. Beijing has granted the first 'Future Industry Nurturing New Base': Accelerating the cultivation of small and medium-sized enterprises in future industry directions.
On November 20, the Beijing Municipal Bureau of Economy and Information Technology announced that Beijing's first 'Future Industry Nurturing New Base' has officially landed. Deputy Director of the Bureau Su Guobin stated that Beijing will take the establishment of nurturing bases as an opportunity to highlight key areas and implement differentiated policies, promoting the gathering of backbone enterprises in high maturity sub-sectors, and supporting enterprises in the future industry sector to deepen their main businesses from aspects such as constructing a policy support system, aggregating more resources, strengthening financial support, and expanding the influence of future industries. It is understood that this nurturing base aims to accelerate the cultivation of a batch of small and medium-sized enterprises in future industry directions, explore more new paths suitable for the development of future industries, and fully leverage factor and resource advantages to promote the development of future industries through forms such as leading enterprise incubation, innovative platform guidance, research and development institution spillover, and quality project selection.
Individual stock news.
1. Data on the flow of major funds shows that Sichuan Changhong had a net inflow of 2.108 billion yuan, ranking first, while Dongfang Caifu, 360, Tom Cat, and Weilan Lithium Chip received significant net inflows; Chuanfa Longmang had a net outflow of 1.193 billion yuan, ranking first, with Youyan New Material, Guoguang Electric, Hainengda, and Zhongke Jincai seeing significant net outflows.
2. Dongwu Securities and others have been reinstated for execution of 830 million.
Tianyancha legal litigation information shows that Dongwu Securities, Hubei Huiyuan Recycling Resources Co., Ltd., Hubei Weixin Textile Co., Ltd., and others have added a new execution recovery information, with an execution target of over 830 million yuan, and the executing court is the Xianning City Xiang'an District People's Court.
3. Multiple tungsten companies have raised long-term procurement prices, Xiamen Tungsten's investor relations department responded: No news of price adjustments for the second half of the month.
Recently, multiple listed tungsten companies have issued notices to raise the long-term procurement prices. A reporter contacted the investor relations department of Xiamen Tungsten as an investor to inquire about the relevant long-term procurement price situation. A relevant person from the department replied that they had not received any news about the adjustment of the company's tungsten concentrate long-term procurement price for the second half of November. Overall, in recent months, the long-term procurement prices for tungsten concentrate have been fluctuating upward, currently higher than at the beginning of this year, but lower compared to May of this year. The recent upward fluctuations are mainly influenced by supply and demand relations. (21st Century Business Herald)
Article shared from: Jin Ten Data