[Jinshi Data Compilation: Summary of important news in European and American markets on September 20]
Domestic News:
1. China-U.S. Economic Working Group holds fifth meeting in Beijing
2. Vice Premier He Lifeng met with the US delegation of the China-US Economic Working Group.
3. China and Japan reached a consensus on the discharge of contaminated water from the Fukushima Daiichi Nuclear Power Plant into the sea; the Ministry of Foreign Affairs stated in the afternoon that reaching a consensus does not mean that China will immediately and fully resume imports of Japanese aquatic products.
4. The China Securities Regulatory Commission revised and issued the "Regulations on the Calculation Standards for Risk Control Indicators of Securities Companies": to optimize the calculation standards for risk control indicators for securities companies' investment in stocks, market making and other businesses.
5. Dalian Commodity Exchange publicly solicits opinions on log futures, options contracts and related rules.
6. China Passenger Car Association: New energy vehicle sales are expected to reach around 1.10 million in September, up 47.3% year-on-year.
7. Ministry of Finance: From January to August, the national general public budget revenue was 14,777.6 billion yuan, a year-on-year decrease of 2.6%. Among them, the stamp tax on securities transactions was 65.3 billion yuan, a year-on-year decrease of 55.5%.
8. The People's Bank of China kept the one-year and five-year loan prime rates (LPR) unchanged at 3.35% and 3.85% respectively.
9. The State Financial Supervision and Administration Bureau issued the "Management Measures for Financial Leasing Companies": raising the shareholding ratio requirement for the main investors of financial leasing companies from no less than 30% to no less than 51%.
10. In the 2024 adjustment of the national medical insurance drug catalog, the pass rate of non-catalog products that passed the formal review in the expert review was less than 50%.
11. Notice of the General Office of the Ministry of Industry and Information Technology on issuing guidelines for equipment renewal and technological transformation in key industrial sectors.
12. It is learned from the State-owned Assets Supervision and Administration Commission of the State Council that central enterprises will fully establish "scientific, rational and efficient" boards of directors in central enterprise groups and subsidiary enterprises at all levels that should establish boards of directors within five years.
13. Ministry of National Defense: The U.S. sale of weapons to China’s Taiwan region seriously violates the one-China principle and the three Sino-U.S. joint communiqués, especially the “August 17 Communiqué.” We are strongly dissatisfied and firmly opposed to this and have lodged solemn representations to the U.S. side.
14. National Energy Administration: In August, the total electricity consumption of the whole society was 964.9 billion kWh, an increase of 8.9% year-on-year.
15. After the rush to buy Huawei's tri-fold mobile phone began, all models of the Mate XT were sold out in an instant and are currently out of stock on the official website.
16. Kweichow Moutai has released its first repurchase plan since its listing: it plans to repurchase shares for cancellation with RMB 3 billion to RMB 6 billion.
International News:
1. The U.S. "Biosecurity Act" was not included in the Senate's Fiscal Year 2025 National Defense Authorization Act.
2. Lebanon's Hezbollah carried out seven separate rocket attacks on Israeli targets.
3. The Bank of Japan suspended interest rate hikes and kept the policy rate unchanged at 0.25%, in line with market expectations.
4. Indian stock market continues to hit record highs.
5. Spot gold once set a new all-time high of $2,619.38 per ounce.
6. An Israeli airstrike on the southern suburbs of the Lebanese capital killed a senior Hezbollah official.
7. According to a Reuters survey: 86 out of 107 economists believe that the Federal Reserve will cut interest rates by 25 basis points in November and December respectively; by the end of 2025, the Federal Reserve will lower the federal funds rate to 3.25%-3.50%. (Reprinted from: Jinshi Data)