► Securities Times : On October 17, 13 institutions including China Merchants Fund, E Fund Fund, Huitianfu Fund , Southern Fund, GF Fund , Jiashi Fund, Huaxia Fund, ICBC Credit Suisse Fund, China Europe Fund, Huaan Fund, Guotai Junan Asset Management, Zhongtai Securities Asset Management, Huatai Securities Asset Management and other 13 institutions announced that they would purchase their equity funds themselves, and the cumulative purchase amount of reached 1.15 billion yuan. Industry insiders believe that the A-share market is building a bottom before the third quarter report is disclosed. This self-purchase may highlight the timing behavior of fund companies, and the technical rebound of everything that will be reversed may continue.
► British Chancellor Hunter : overturned almost all tax cuts in the British government's "mini budget" plan, maintaining it at the current level of 20%. will continue to abolish medical and social care taxes and promote stamp duty changes, but will not continue to cut dividend tax rates, reverse non-wage job reforms introduced in 2017 and 2021, new VAT-free shopping schemes for non-UK tourists or freeze alcohol tax rates.
Macroeconomic
1. National Development and Reform Commission: Some voices believe that taking the domestic circulation as the main body means that China will shrink significantly in opening up to the outside world, and even self-sufficiency. This understanding is wrong. The trend of world economic globalization today is irreversible. No country can carry out construction behind closed doors. China has long been deeply integrated with the world economy and international system. We have a relatively high degree of industrial correlation and interdependence with many countries around the world. The domestic and foreign demand markets themselves are interdependent and promote each other.
2. Meike.com: Türkiye's major stock indexes expanded to 6%, was the largest increase since October 3.
3, Russian Ministry of Transport: On the morning of October 17, the Crimea Bridge has allowed buses to pass in both directions. Previously, buses passed through ferries. Now, passenger transport through the Crimea Bridge can also take buses in addition to cars, suburban trains and long-distance trains.
Real Estate Dynamics
1. Tianjin City: The third batch of centralized land supply in 2022 ended on October 17. This centralized land supply has sold 17 plots of land, with a total transaction amount of 9.8986 billion yuan, a total transaction area of about 754,000 cubic meters and a construction area of about 1.308,500 cubic meters.
stock market inventory
1 and On Monday, the Shanghai Composite Index was 3084.94 points, rose 0.42%, and the turnover of was 349.214 billion. The Shenzhen Component Index was 11162.26 points, rose 0.36%, and the turnover of was 458.064 billion. The ChiNext Index was 2435.02 points, rose 0.03%, and the turnover of was 160.489 billion. Overall, the stocks rose more and the decline were less, and nearly 4,000 stocks rose in the two markets. The turnover volume of the two markets was 807.3 billion, a decrease of 53.6 billion from the previous trading day. On the market, industrial mother machine, education, digital economy, , military industry and other sectors ranked among the top in terms of growth, while gas, TOPCON batteries, integrated die-casting, coal and other sectors ranked among the top in terms of decline. Northbound funds sold a net sale of 4.425 billion yuan throughout the day, of which the Shanghai Stock Connect sold a net sale of 2.976 billion yuan and the Shenzhen Stock Connect sold a net sale of 1.448 billion yuan.
2 and On Monday, Hang Seng Index rose 0.15%, and was 16612.9 points. The Hang Seng Technology Index fell 0.20% to 3200.12 points. State-owned Enterprise Index rose 0.07%, and was 5633.23 points. Apple concept, military industry and medical stocks ranked among the top in terms of growth, with Minimally Invasive Medical rising by more than 11%, and Mainland Aviation Technology Holdings rose by nearly 4%. Auto stocks ranked among the top drops, with NIO falling by more than 5%, while Ideal Auto and Xiaopeng Auto fell by more than 4%. Most of the technology stocks fell, Baidu Group fell by more than 5%, and Kingsoft Software and Bilibili fell by more than 2%. Southbound funds net purchases of HK$5.55 billion throughout the day, of which Hong Kong Stock Connect (Shanghai) net purchases of HK$2.776 billion, and Hong Kong Stock Connect (Shenzhen) net purchases of HK$2.773 billion.
3 and As of October 17, there were 117 listed companies on the North Exchange , and no new ones were added on the same day. The total market value is 184.098 billion yuan and the transaction amount is 1.113 billion yuan.
4, the financing balance of in the two markets : As of October 14, the financing balance of on the Shanghai Stock Exchange was 772.023 billion yuan, a decrease of 354 million yuan from the previous trading day; the financing balance of 671.92 billion yuan, a decrease of 1.457 billion yuan from the previous trading day; the total of 1443.943 billion yuan from the previous trading day, a decrease of 1.811 billion yuan from the previous trading day.
5. Shanghai Stock Exchange: On October 14, the Shanghai and Shenzhen Stock Exchanges optimized and improved the repurchase and share increase rules, aiming to further improve the institutional inclusiveness and implementation convenience of repurchase and share increase. only in the first three quarters, the repurchase amount of A shares company has exceeded 100 billion yuan. From the evening of October 14 to the 16th, more than 90 companies in Shanghai and Shenzhen disclosed plans or progress announcements of repurchase and increase holdings, and a group of major shareholders, directors, supervisors and senior executives of listed companies, as well as industrial capital.
6, Private Equity Ranking Network : Among the private equity 10 billion, the number of post-80s fund managers has reached 39, accounting for 60%; is the most popular private equity institutions with a scale of 2-10 billion, and the number of post-70s fund managers has the most people; and among private equity 2-2 billion to 2 billion, it is also the "home court" of post-80s fund managers, with more than 400 post-80s fund managers working in private equity 500 million; among the fund managers born in the 1990s, only one post-80s private equity 5 billion to serve.
7, Archaea Energy: BP agreed to acquire Archaea’s Class A and Class B shares at $26 per share, with the total acquisition of worth nearly $4.1 billion, including approximately $800 million in net debt. Both parties aim to complete the acquisition by the end of 2022. After the transaction is completed, Archaea will operate as a subsidiary of BP .
8, Postal Savings Bank : As of the end of the third quarter, the total amount of customer loans reached 7.15 trillion yuan, an increase of 697.77 billion yuan from the end of the previous year, an increase of 10.81%, an increase of 42.675 billion yuan year-on-year, and the increase of reached a record high in the same period in the same period; , the balance of agricultural loans was 1.77 trillion yuan, an increase of 152.377 billion yuan from the end of the previous year, and the balance of personal micro-loans was 1.13 trillion yuan, an increase of 210.505 billion yuan from the end of the previous year.
9, Shanshan Co., Ltd. : plans to raise no more than 6 billion yuan for lithium battery negative electrode materials integrated base projects, etc.
10, CNC on-client: Hongyuan New Materials, Hongyuan Xuzhou, a wholly-owned subsidiary of , signed a contract with Yidao Quzhou and Yidao Taizhou for the sales of " single crystal silicon wafer ". From January 2023 to December 2024, a total of 825 million monocrystalline silicon wafers were purchased from subsidiaries (the up and down fluctuations did not exceed 20%), of which 345 million were purchased from January to December 2023 and 480 million were purchased from January to December 2024. is expected to be 6.204 billion yuan (tax included) from 2023 to 2024.
11, Victory Precision : 's net profit in the first three quarters was 47.7335 million yuan, 's year-on-year increase of 923.81%; net profit in the third quarter was 94.8478 million yuan, turning losses into losses year-on-year.
12, China Life : From January 1 to September 30, the cumulative original insurance premium income was approximately 554.1 billion yuan (unaudited).
13, Daquan Energy: and its wholly-owned subsidiary Inner Mongolia Daquan signed a "Silicon Material Procurement Contract" with a customer. The contract stipulates that a customer is expected to purchase a total of 46,200 tons of solar-grade native polycrystalline silicon from the company and Inner Mongolia Daquan from 2023 to 2027. The estimated purchase amount of is approximately 13.999 billion yuan (including tax, this calculated price does not constitute a price commitment).
14, Jingyeda (9 days 7 board): received a letter of concern. The company's stock price has increased significantly recently, and it has experienced three abnormal increases in the past 10 trading days. It is required to explain whether the shareholders and actual controllers plan to transfer equity, asset restructuring and other matters that have a significant impact on the company. Based on the specific situations such as recent industry development trends and industry policy changes, the specific impact on the company's production and operation will be explained.Check whether the company's directors, supervisors, senior management and their immediate relatives have been buying and selling the company's stocks, and whether there are suspected insider trading.
Wealth Focus
1, Securities Times: bond fund development ushered in a golden age. As of October 14, with the new funds being issued, the number of bond funds exceeded 3,000 for the first time, and the total scale exceeded 8 trillion yuan for the first time, and the exceeded the sum of the scale of stock funds and mixed funds of 7.9 trillion yuan. Compared with the beginning of the year, the total scale of bond funds increased by 1.14 trillion yuan, becoming the fund type with the largest scale growth this year.
2, Financial breakfast: hot spots are coming out, tracking you want to listen. The National Development and Reform Commission revealed that the high growth in industrial parent machine orders, what is the significance of industrial development? What is the current situation of all links of the industrial chain? The technical level of industrial master machine has been significantly improved. What is the industrial supporting situation? What are the opportunities that are worth paying attention to now? Financial friends quickly check to the end of the article to check out today's financial secret tracking #Industrial mother machine welcomes the new trend
Industry observation
1. Energy Bureau: strives to reach more than 4.6 billion tons of standard coal by 2025. focuses on maintaining the bottom line of energy security from three aspects. First, we must firmly grasp the foundation and strengthen the foundation of . Give full play to the role of coal ballast and the basic regulatory role of coal-fired power; second, we must firmly grasp orderly substitution. Comprehensively build a clean energy supply system such as wind, light, water, and nuclear; third, firmly grasp risk control. Vigorously promote the construction of energy security monitoring and early warning capabilities, and establish and improve early warning mechanisms such as coal, oil and gas, and electricity supply and demand.
2. Securities Times: bank wealth management companies' cash management products are entering the critical period of rectification. At present, related work has entered the final stage. A large wealth management company is expected to finish early in November. As of the end of September, based on the statistics of subsidiaries, the proportion of cash financial management products of 10 major wealth management companies has dropped to less than 31%.
3, GGII: is expected to have a total of 137.4GWh of retired power batteries in my country in 2025, and the output value of cascade utilization and recycling is expected to exceed 100 billion yuan. In 2025, the capacity of waste batteries that China needs to recycle will reach 960,000 tons, and the renewable lithium, cobalt, nickel and manganese resources that can be recycled by recycling power batteries account for about 27.7%, 55.5%, 28.7% and 47.9% of the corresponding demand respectively.
4, TrendForce: 2021 The global LED display screen in virtual shooting applications has a market size of about US$283 million, an increase of 136% year-on-year. Although affected by inflation and global economic decline in 2022, benefiting from more studios using virtual shooting technology, it is estimated that the output value of the virtual shooting LED display market will steadily grow to US$431 million in 2022, a year-on-year increase of 52%.
5, Shanghai Pharmaceutical Procurement Center: The seventh batch of nationally organized centralized procurement of drugs that announced the results of the selected results in July is expected to be officially implemented in Shanghai in late November. The seventh batch of centralized drugs for involves 31 treatment categories, including medication for common diseases such as hypertension, diabetes , anti-infection, digestive tract diseases, and medication for major diseases such as lung cancer, liver cancer , kidney cancer , and intestinal cancer. The average price of selected drugs is reduced by 48%.
6, Shanghai Securities News: Guangzhou and Shenzhen issued city advanced assisted driving map licenses for the first time, and Baidu was approved for the first time. Baidu Map will support car companies to mass-produce smart cars equipped with urban pilot assisted driving functions, meeting the application scenarios of intelligent assisted driving of bicycles on urban roads, and realizing the integration of parking, highways and urban areas.
Company News
1, SF Holdings : At present, China's return items have a market size of about 15 million orders per day, and the return items of SF starts from May 2021.Entering this year, relying on a stable network chassis, excellent collection capabilities, and the positioning of an independent third party, the company has connected to more e-commerce platforms. The platforms currently serving include more than 20 platforms such as Pinduoduo, Vipshop , Douyin , Taobao Tmall , etc.
2, The Paper : The internal files of Meta show that the company's initial goal was to reach 500,000 monthly active users of by the end of this year, but Meta has changed this goal to 280,000 in recent weeks. Meta meta-universe career is indeed in its "introduction" stage. According to the financial report, its Metaverse Department Reality Laboratory suffered an annual loss of US$10 billion in 2021 and a loss of nearly US$5.8 billion in the first half of 2022.
Global Vision
1, Baltic dry bulk index : rose 0.27% to 1843 points.
Financial data
Domestic
1, New Third Board: 11 On October 17, a total of 6,651 companies were listed, with one more on the same day, with a transaction amount of 165 million. The Third Board Index was 971.26, rose 0.06%, and the turnover of was 96 million.
2, Domestic commodity futures: As of the afternoon of October 12, the closing price fell more than the price rose less, beans rose nearly 3%, soybean oil rose more than 2%, pulp, cotton, and vegetable oil rose more than 1%; fuel oil and coke fell more than 3%, styrene , ethylene glycol , coking coal, Shanghai nickel, and iron ore fell more than 2%, staple fiber, rebar , methanol , crude oil, and hot coil fell more than 1%.
3. Treasury bond: 2-year treasury bond futures main contract TS2212 fell 0.01% to 101.215; 5-year treasury bond futures main contract TF2212 fell 0.01% to 101.835; 10-year treasury bond futures main contract T2212 fell 0.01% to 101.335. The 10-year treasury bond interest rate rose 0.25BP to 2.70%; 10-year treasury bond interest rate rose 0.01BP to 2.86%.
4, Shanghai International Energy Trading Center : On October 17, the main contract of crude oil futures was 2212, closing at 671.0 yuan per barrel, down 7.5 yuan, a drop of 1.11%. All contracts were traded at 154,715 lots, and the position volume decreased by 3,937 lots to 54,350 lots. The main contract traded 114,703 lots, and the position volume decreased by 309 lots to 29,106 lots.
5, Central Bank : On Monday, 500 billion yuan of one-year MLF and 2 billion yuan of 7-day reverse repurchase operations were carried out, and the winning rates were both unchanged, at 2.75% and 2.0% respectively. On that day, 500 billion MLF and 21 billion reverse repurchases expired.
6, Shibor: overnight at 1.1670%, and rose 3.40 basis points. 7 days at 1.5580%, down 3.60 basis points. It was 1.6840% in the third month, and rose by 0.40 basis points.
7, RMB: onshore RMB closed at 16:30 against the US dollar, at 7.2050, down 0.1654%, and the RMB mid-price was 7.1095, down 0.0098%. NDF: 7.1455 in 3 months, 7.1190 in 6 months, 7.0620 in 1 year, and 6.9990 in 2 years.
8, Shanghai Environmental Exchange: On October 17, the national carbon market carbon emission quota listing agreement transaction volume was 10,260 tons, the transaction volume was 599,961.00 yuan, and the closing price was 58.48 yuan/ton, and rose 0.83% from the previous day.
foreign
9, Asia: Nikkei 225 index fell 1.16% to 26775.79 points. KOSPI index rose 0.32%, rose 2219.71 points.
10, US stock : Dow Jones closed up 1.86%, at 30185.82 points; Nasdaq closed up 3.43%, at 10675.80 points; S&P 500 closed up 2.65%, at 3677.95 points.
11, Europe: UK FTSE 100 closed up 0.90%, was 6920.24 points; German DAX30 closed up 1.70%, was 12649.03 points; French CAC40 closed up 1.83%, was 6040.66 points.
12, Gold: COMEX December gold futures settlement price closed up 0.9%, at $1,664.0 per ounce.
13. Crude oil: WTI November crude oil futures closed down 0.18% to US$85.46/barrel; Brent December crude oil futures closed down 0.01% to US$91.62/barrel.
· industrial mother machine welcomes a new trend·
► Development and Reform Commission: my country's energy equipment, petrochemical equipment, mining machinery , engineering machinery, CNC machine tools, industrial robots and other key projects are all growing significantly. Industrial master machines are regarded as the cornerstone of industrial modernization. Recently, multiple positive news and capital sides have frequently appeared, including the release of ISO23218-2, the first CNC system led by China, and multiple machine tool ETFs have been approved for issuance. In the machine tool industry, only Hezhuan Intelligent has released its performance forecast for the first three quarters, and the company expects its net profit to increase by 143%-153% year-on-year. With the dual support of policy and capital, the domestic machine tool industry chain is expected to increase investment in R&D of key components and CNC systems, and accelerate the domestic substitution process in all links of the supply chain.
► Guojin Securities : From the perspective of metal cutting machine tool output, is calculated based on a 10-year replacement cycle, and 2021 is the high point of demand for a machine tool renewal replacement, and it is expected to maintain strong replacement demand in the next few years. Although my country is the world's largest machine tool producer and consumer, it has long been innately different from foreign machine tool power in terms of machine tool industry environment. The industry said that in terms of product positioning and services, domestic machine tool products are mostly concentrated in the middle and low ends; in terms of technology accumulation and talent training, Xinsheng private enterprises have short-term participation in market competition and insufficient technology accumulation, and are in a significantly weaker position compared with Europe/Japan. Industry such as aerospace, new energy vehicles are expected to further drive the demand for machine tools. Among them, the processing of structural parts, landing gears, and core components of large and medium-sized aircraft brought by domestic large aircraft such as C919 may provide a huge incremental market for domestic high-end machine tools; with the advancement of new processes such as integrated die-casting of new energy vehicles, the processing requirements for parts such as motor housing, steering system, and subframe are relatively high, which is expected to bring a large demand for high-end machine tools.
► Changjiang Securities: Since the special implementation of "High-end CNC Machine Tools and Basic Manufacturing Equipment", my country's industrial master machine industry's independent development capabilities and technical level have continued to improve. At present, my country has achieved breakthroughs in key core technologies such as full digital high-speed high-precision motion control and multi-axis linkage, and has successfully developed high-end equipment such as horizontal double five-axis mirror milling machine tools and 80,000-ton die forging presses. The average fault-free time interval of high-end CNC machine tools is optimized from 600 hours to 2000 hours, and the accuracy indicator is increased by 20%. industrial master machine industry supporting facilities are becoming more and more perfect. At present, the market share of domestic high-end CNC systems in domestic machine tools has increased from less than 1% before the special implementation to 31.9%; the market share of functional components such as five-axis swing angle milling head has increased from less than 10% to more than 30%; the market share of digital tools has increased from less than 10% to 45%.
► Open Source Securities : In 2021, my country's CNC machine tool sales were 67.88 billion yuan, a year-on-year increase of 28.8%; sales volume was 211,000 units, a year-on-year increase of 29.3%. Looking ahead to the fourth quarter, with the continued efforts of as domestic stable growth policies continue to be implemented, demand indicators such as medium- and long-term loans of domestic enterprises and total manufacturing profits are expected to gradually stabilize, driving the recovery of demand in the machine tool industry. In the medium and short term, the domestic industrial master machine breaks through the path, (1) The supply chain is independent and controllable, mainly to improve the self-made rate or domesticization rate of key components such as spindles and CNC systems to ensure the safety of the supply chain. (2) Seek technological breakthroughs to improve machine tool performance, start from the technical aspects of error compensation, digitization, assembly, etc., to reduce the negative impact of raw material materials and process problems on machine tool accuracy; at the same time, seek technological breakthroughs in multi-axis linkage and other aspects.
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