The incident is concerned [China Banking and Insurance Regulatory Commission: It has completely stopped the establishment of new online micro-loans] Recently, when responding to netizens’ messages on the People’s Daily’s “Leader’s Message Board”, the China Banking and Insurance R

incidents follow

[ China Banking and Insurance Regulatory Commission : New online micro loans have been completely stopped] Recently, in response to netizens' messages on People's Daily " Leadership Message Board ", the China Banking and Insurance Regulatory Commission stated that in response to the problems existing in some micro loan companies in online micro loan business, local financial regulatory departments have been organized to carry out special rectification and cleanup regulations, and to comprehensively stop the establishment of new online micro loan institutions.

[Ministry of Commerce: 1-8htmlTotal service import and export volume in February 39375.600 million yuan, a year-on-year increase of 20.4% ] 1-August, my country's service trade continued to maintain steady growth. The total amount of service imports and exports was 3937.56 billion yuan, an increase of 20.4% year-on-year; of which the exports of service were 1908.24 billion yuan, an increase of 23.1%; and the imports were 2029.32 billion yuan, an increase of 17.9%. In August, my country's total service import and export volume was 543.79 billion yuan, an increase of 17.6% year-on-year. (Ministry of Commerce website)

[24 City launches housing purchase subsidy boosts consumption Experts say this measure is conducive to stabilizing housing market expectations] enters the second half of this year, and many places across the country have issued housing purchase subsidy policies. According to incomplete statistics, at least 24 cities including Zhengzhou, Henan, Hohhot, Inner Mongolia, Changchun, Jilin, and Chongqing have introduced relevant policies such as "issuing housing purchase subsidies and consumption coupons" to boost the real estate market and consumption market. In this regard, relevant experts said that issuing housing purchase subsidies, consumption coupons and other measures can reduce the cost of buying houses for home buyers, stimulate consumption, and help stabilize property market expectations. (Securities Daily)

[ National Health Commission : 10112 new local confirmed cases 374, and local asymptomatic infections 1386] From 0:00 to 24:00 on October 11, 31 provinces (autonomous regions, municipalities) and Xinjiang Production and Construction Corps reported 417 new confirmed cases. Among them, 43 imported cases were reported, including 9 cases, including asymptomatic infections to confirmed cases; 374 local cases were reported. There were 1,473 new asymptomatic infections, including 87 imported cases and 1,386 local cases. (National Health Commission website)

Big company

[ Intel was revealed to have laid off thousands of employees as soon as this month] According to Bloomberg on October 12, people familiar with the matter revealed that chip maker Intel may announce layoffs of thousands of employees before and after the release of its third-quarter financial report, of which the company's sales and marketing departments have been the biggest impact. Intel will announce the news as early as this month, and the company plans to start implementing layoffs when it announces its third-quarter earnings report on October 27. As of July this year, Intel has 113,700 employees. According to people familiar with the matter, Intel's sales and marketing departments may lay off about 20%. ( Pengpai News )

[Replaced selling Porsche shares, Volkswagen has cashed out 133500 million yuan] According to Reuters on October 11, local time, Volkswagen obtained 9.1 billion euros (approximately RMB 63.2 billion) in profits by selling Porsche's preferred shares. Volkswagen said that with the 25% stake in the sale of Porsche SE and a common stock, Volkswagen has earned a cumulative income of 19.2 billion euros (about 133.5 billion yuan). ( Daily Economic News )

[ Amazon will close warehouse robot startup Canvas] According to the US media Business Insider, Amazon will close warehouse robot startup Canvas, which was acquired for more than $100 million in 2019, highlighting the company's continued cost reduction. The move is part of Amazon's restructuring plan. Amazon announced the decision internally on Tuesday, according to people familiar with the matter. One of the people familiar with the matter said Canvas has more than 100 employees. Employees can choose to transfer to another team within Amazon, or leave with severance payments .(Cailianshe)

[Huati Technology: The online news about the company's accounts receivable project that has exceeded 32 years cannot be collected. It is not true] On October 12, Huaiti Technology stated on the Shanghai Stock Exchange interactive platform that the online news about the company's 3 years' cannot be collected.

A stocks midday

[ Shanghai Composite Index fell 1.23% , and the East and West Accounting sectors rose against the market] On October 12, the three major indexes of A shares fluctuated downward in the morning, and the ChiNext Index surged and fell backward. As of the midday closing, the Shanghai Composite Index fell 1.23%, the Shenzhen Component Index fell 1.36%, and the ChiNext Index fell 0.93%. On the market, sectors such as East Data and West Calculation, Aquatic Products, Cloud Computing, Digital Currency, , Chicken, Chips, 5G Concept, Industrial Master Machinery, etc., led the gains; sectors such as brewing, chemical fiber, CXO Concept, Tourism, Diamond Cultivation, Lithium Mining, Heat Pump Concept, Oil and Gas Mining, Natural Gas , etc., led the declines. More than 3,500 stocks in the two markets were green, and the net selling amount of northbound funds exceeded 6 billion yuan.

[Integrated circuit concept sector rises ] Yingfangwei , Langdi Group hit the daily limit, Jingfeng Mingyuan, Fengshu Technology and others followed suit.

[Industrial mother machine sector rises] Yawei Co., Ltd. hit the daily limit, Keyuan Smart , Hengli Hydraulic, Huichuan Technology , etc. followed suit.

[TOPCON battery sector declines] Jizhi Technology fell more than 8%, while Haimuxing, Jingsheng Mechanical and Electrical, Jinko Energy and others followed suit.

(data source: Tonghuashun, Securities Times.com, content does not constitute any investment advice)

Economic Observer Intern Reporter Kuai Sihan Organize