Mini Program: Review of Daily Market News in A-shares

Important News

1. In November, the share of RMB in global payments was 3.89%, up from 2.93% previously.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) released data on December 18, showing that in November, the RMB was the fourth most active payment currency globally, accounting for 3.89% of the total global payments. If international payments outside the Eurozone are used as the statistical caliber, the RMB ranked fifth in that month, accounting for 3.02%.

2. Ant Group: Currently, there are no plans for an IPO, and the so-called “backdoor listing” does not exist.

Ant Group clarified on its official Weibo that it has recently noticed that some institutions are claiming on multiple platforms that “Ant Group is about to go public via a backdoor listing, and they possess insider information,” and are using this to lure netizens to join groups to obtain stock recommendation information. Ant Group currently has no plans for an IPO, and the so-called “backdoor listing” does not exist.

3. The first data technology state-owned enterprise debuts, China Data Union Logistics is established in Shanghai.

China Data Union Logistics Information Co., Ltd. was officially established in Shanghai, making it the first data technology state-owned enterprise. China Data Union Logistics is directly managed by the State-owned Assets Supervision and Administration Commission of the State Council and is a central enterprise with diversified ownership, registered with a capital of 10 billion yuan. The company has introduced strategic investors including China Merchants Group Co., Ltd., China Poly Group Co., Ltd., China Logistics Group Co., Ltd., China Civil Aviation Information Group Co., Ltd., Shanghai Guosheng (Group) Co., Ltd., and Shanghai Data Group Co., Ltd. (Xinhua News Agency)

4. The central bank interviewed some financial institutions, requiring them to strengthen the stability of bond investments, and a bank wealth management subsidiary held an emergency meeting.

On December 18, it was reported that the central bank interviewed some financial institutions that were aggressive in the current bond market and proposed some requirements, including closely monitoring their own interest rate risks and other risk conditions, enhancing research and investment capabilities, and strengthening the stability of bond investments, conducting investment transactions in accordance with the law and regulations. It is reported that the central bank has recently severely investigated a number of institutions suspected of violating regulations such as lending accounts, disrupting market prices, transferring benefits, and lacking internal controls, and is comprehensively sorting out clues to violations, with regular law enforcement inspections to maintain zero tolerance for illegal activities in the bond market. A person from a bank's wealth management subsidiary revealed to reporters that after the interview, they held an urgent meeting that afternoon and decided to reduce the risk exposure of long-term government bond holdings while suspending long-term government bond spread trading strategies. (Daily Economic News)

5. The EU's 15th round of sanctions against Russia includes Chinese enterprises and individuals on the list. The Ministry of Commerce stated: Necessary measures will be taken to firmly safeguard the legitimate rights and interests of Chinese enterprises.

The EU announced the 15th round of sanctions against Russia, for the first time including Chinese enterprises and individuals in the “comprehensive sanctions” list. The Ministry of Commerce responded: The EU disregards China's repeated negotiations and objections, acting unilaterally, and included some Chinese enterprises and individuals in the “comprehensive sanctions” list in the 15th round of sanctions against Russia. China is strongly dissatisfied and firmly opposes this. China has consistently opposed unilateral sanctions without international legal basis and authorization from the UN Security Council. The actions of the EU violate the spirit of consensus reached by the leaders of China and the EU and negatively impact China-EU economic and trade relations. China urges the EU to stop listing Chinese enterprises as a mistake from the perspective of maintaining the overall strategic partnership between China and the EU and ensuring the stability of global industrial and supply chains, and to stop harming the legitimate rights and interests of Chinese enterprises. China will take necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises. (Golden Ten Data APP)

6. The draft law to promote the private economy is expected to be submitted for initial review, which will elevate important measures such as ensuring fair competition and strengthening rights protection to legal norms.

Several highly anticipated legal drafts are expected to be submitted for initial review, covering areas such as the private economy, legal promotion, and anti-unfair competition. The Legislative Affairs Commission of the National People's Congress held a press conference on December 19, where spokesperson Wang Xiang introduced the legislative work and answered reporters' questions. Wang Xiang stated that the formulation of the Private Economy Promotion Law is conducive to upholding the Party's leadership, adhering to the principle of “two unwavering,” treating and protecting equally under the law, fully leveraging the decisive role of the market in resource allocation, and better playing the role of the government. It will promote important measures that must be followed for the development of the private economy, such as ensuring fair competition, improving the investment and financing environment, supporting technological innovation, focusing on standardization and guidance, optimizing service guarantees, and strengthening rights protection, raising them to legal norms, which is of great and far-reaching significance for further optimizing the development environment of the private economy, accelerating the establishment of a new development pattern, promoting high-quality development, and comprehensively advancing the great rejuvenation of the Chinese nation with Chinese-style modernization. (The Paper)

Individual Stock News

1. Data on the flow of main funds shows that ZTE Corporation saw a net inflow of 2.637 billion yuan, ranking first, followed by Inspur Information, Lingnan Shares, TCL Technology, and Zhongke Shuguang with significant net inflows; Haenengda saw a net outflow of 1.378 billion yuan, ranking first, followed by Yongtai Energy, Tianyu Shuke, Yanshan Technology, and Junzheng Group with significant net outflows.

2. CATL reportedly considers a listing in Hong Kong, raising at least 5 billion US dollars.

According to informed sources, CATL is considering a secondary listing in Hong Kong, potentially raising at least 5 billion US dollars, which could become the largest listing transaction in Hong Kong since early 2021. Informed sources, who requested anonymity due to discussions being private, stated that CATL is communicating with potential advisors and may go public as early as the first half of 2025. If the fundraising scale is 5 billion US dollars, it may exceed Midea Group's 4.6 billion US dollars listing scale in September, becoming the largest Hong Kong stock issuance transaction since Kuaishou Technology raised 6.2 billion US dollars in early 2021. Informed sources stated that CATL is still considering it, and the plan may change. A secondary listing still requires approval from Chinese securities regulatory authorities. Representatives of CATL declined to comment.

3. Pien Tze Huang invests 1 billion yuan to establish an innovative R&D base in Beijing.

Recently, it was reported that Pien Tze Huang increased its capital by 1 billion yuan to establish an innovative R&D base for its wholly-owned subsidiary—Pien Tze Huang (Beijing) Biomedical Co., Ltd. in Daxing District, Beijing. Pien Tze Huang plans to set up “two museums and four centers” at the Beijing innovation R&D base, namely a Traditional Chinese Medicine Museum, Pien Tze Huang Beijing Guoyitang, Pien Tze Huang Innovation R&D (Beijing) Center, Pien Tze Huang Culture and Product Display Center, Pien Tze Huang (Beijing) Marketing Center, and Pien Tze Huang Health Industry Operation (Beijing) Center. As an important carrier of the Beijing innovation R&D base, Pien Tze Huang plans to purchase an office building located in Xingchuang International Center, Daxing District. (Xinhua Finance)

4. Is Hongxin Electronics related to Doubao AI? The company responded: Currently, there is no connection with Doubao.

On December 19, it was reported that ByteDance's Doubao AI is related to Hongxin Electronics. In response, the securities department of Hongxin Electronics stated that they have not received any relevant information and that the company is involved in AI servers in the AI field, mainly focusing on hardware and not applications, and currently has no connection with Doubao. (China Securities Golden Bull)

5. Beixin Source: Will continue to pay attention to the application and development of brain-computer interface fields, continuously enriching the ecological application of Xinyuan Mixin.

On December 19, Beixin Source stated on the interactive platform that brain-computer interface technology is currently a frontier technology in the field of science and technology, and through Xinyuan Mixin, secure interconnection between people and objects, and objects with each other can be achieved. The technology of Xinyuan Mixin has technical compatibility and application potential in secure communication in the field of brain-computer interfaces, and in the future, the company will continue to focus on the application and development of brain-computer interface fields, continuously enriching the ecological application of Xinyuan Mixin, and serving the company’s users well.

Article forwarded from: Golden Ten Data