01 News
Pompeo Congratulations to Tsai Ing-wen, the Ministry of Foreign Affairs, the Ministry of National Defense, and the Taiwan Affairs Office of the State Council made statements on the same day!
On May 20, 2020, US Secretary of State Pompeo issued a statement congratulating Taiwan leader Tsai Ing-wen on his inauguration, calling him the so-called "president" and boasting about the "partnership" of the United States and Taiwan. Some U.S. government officials and some U.S. politicians sent video congratulations to Tsai Ing-wen. The above actions of the US seriously violate the one-China principle and the provisions of the three Sino-US joint communiqués and seriously interfere in China's internal affairs. China expressed strong indignation and condemned it.
Ministry of Foreign Affairs: There is only one China in the world, and Taiwan is an inalienable part of China's territory. We warn the US that "Taiwan independence" is a dead end, and condoning and supporting "Taiwan independence" is doomed to fail. Any act that harms China's core interests and interferes in China's internal affairs will be strongly counterattacked by China and will not stop the historical trend of China's reunification. China will take necessary measures to deal with the above-mentioned wrong actions of the United States, and the consequences arise shall be borne by the United States.
Ministry of Defense: We will never allow any person, any organization, any political party to split any piece of Chinese territory from China at any time, in any form! The People's Liberation Army of China has firm will, full confidence and sufficient ability to thwart any form of external interference and "Taiwan independence" separatist plot. It will take all necessary measures to firmly defend national sovereignty and territorial integrity and firmly safeguard peace and stability in the Taiwan Strait.
Taiwan Affairs Office of the State Council: We have firm will, full confidence and sufficient ability to thwart any form of external interference and "Taiwan independence" separatist plots. We will take all necessary measures to resolutely defend national sovereignty and territorial integrity and continue to advance the process of national reunification. We urge the US to abide by the one-China principle and the provisions of the three Sino-US joint communiqués, abide by the basic norms of international relations, and stop any form of official exchanges with the Taiwan region.
The main agenda of the Third Session of the 13th National Committee of the Chinese People's Political Consultative Conference was announced at 15:00 on the 20th, the Third Session of the 13th National Committee of the Chinese People's Political Consultative Conference held a press conference. In order to effectively prevent and control the epidemic and jointly maintain public health and health, the press conference was held in the form of online video. The conference spokesperson Guo Weimin introduced that the third session of the 13th National Committee of the Chinese People's Political Consultative Conference will open at 15:00 on May 21 at the Great Hall of the People and close on the afternoon of May 27. The meeting period is shortened by 4 and a half days compared with the original plan. The main agenda of the Congress is to listen to and review the work report of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and the work report on the proposals; attend the Third Session of the 13th National People's Congress, listen to and discuss the government work report, the draft Civil Code, the work report of the Supreme People's Court, the work report of the Supreme People's Procuratorate, etc.; review and pass the political resolutions and reports of the Third Session of the 13th CPPCC.
helmet prices soar! Ministry of Public Security: Pay close attention and strictly investigate price violations
Recently, the Traffic Management Bureau of the Ministry of Public Security issued a notice that starting from June 1, the "one helmet and one belt" safety protection action will be carried out nationwide, and motorcycle and electric bicycle riders do not wear safety helmets and car drivers do not use safety belts in accordance with the law. Subsequently, specific measures were introduced in various places. Affected by this, since mid-May, the price of helmets has risen, and even the phenomenon of "hard to find a helmet".
In response to the recent surge in helmet prices, the Traffic Management Bureau of the Ministry of Public Security responded on the 20th that it actively contacted and communicated with the State Administration for Market Regulation and guided local public security organs to actively cooperate with market supervision departments to strictly investigate price violations in accordance with the law and cut off the illegal chain of raising helmet prices. At the same time, it is required that all localities should steadily promote the "one helmet and one belt" security protection action.
The Ministry of Public Security reminds safety helmet production and sales companies to operate in accordance with the law and honestly, and not to infringe on the interests of the people, do not do things that disrupt market order, and do not do things that violate the law or commit crimes. Public security organs will crack down on enterprises and individuals suspected of committing illegal crimes in accordance with the law.
Wuhan Bureau of Commerce: Malicious cashing of consumption coupons is strictly prohibited. Violators will be included in the blacklist of breach of trust
Through big data monitoring of the three major platforms of WeChat, Alipay and Meituan ( Dianping ), and receiving reports from citizens, it was found that a very small number of merchants and individuals maliciously cashing out "Wuhan consumption coupons". On May 20, Wuhan Municipal Bureau of Commerce issued a notice to regulate the use of "Wuhan Consumption Coupons", strictly prohibiting such behaviors. Violators are disqualified from participating and suspected of committing crimes will be transferred to the public security department for handling in accordance with the law. The notice proposes that it is strictly prohibited to organize and participate in illegal acts such as cashing out of "Wuhan Consumption Coupons". It is strictly prohibited to publish or disseminate illegal information such as "Wuhan Consumption Coupons" through social software, online platforms, etc., and it is strictly prohibited to cash out consumer coupons through false transactions. Merchants are strictly prohibited from taking advantage of the opportunity to promote consumption to increase prices in disguise, raise prices and false propaganda, and do not write off "Wuhan consumption coupons" through recharge and pre-deposit.
Chinese Embassy in Panama: Don’t trust information about private commercial charter flights back to China!
Recently, a travel agency in Panama published an advertisement for a private commercial charter flight that plans to carry Chinese citizens back to China, and said that Chinese people holding foreign passports can also take the plane to China. Many overseas Chinese have consulted our museum about the authenticity of the information.
In view of this, the Chinese Embassy in Panama specifically reminds everyone to pay attention to the following matters: 1. At a press conference held by the Joint Prevention and Control Mechanism of the State Council in early April, the head of relevant departments of the Civil Aviation Administration stated that with the development and changes of the international epidemic, the Civil Aviation Administration will timely adjust the approval procedures for business jets during the epidemic and strictly control the approval of incoming business jets. 2. In view of the rapid spread of the new crown pneumonia epidemic around the world, China has decided to temporarily stop foreigners from entering the country with current valid visas and residence permits from 0:00 on March 28, 2020. The above two regulations are still in effect. I would like to ask Chinese citizens traveling to Pakistan to carefully identify the information about private commercial charter flights, and compare them with official information to eliminate the false and retain the truth, ensure the safety of personal information and property, and avoid unnecessary losses.
1 new imported case, 1 local case
From 0:00 to 24:00 on May 20, 31 provinces (autonomous regions, municipalities) and the Xinjiang Production and Construction Corps reported 2 new confirmed cases, including 1 imported case (in Guangdong) and 1 local case (in Shanghai); no new deaths; 1 new suspected case, an imported case (in Shanghai). As of 24:00 on May 20, according to reports from 31 provinces (autonomous regions, municipalities directly under the central government) and the Xinjiang Production and Construction Corps, there are 84 confirmed cases (including 8 severe cases), 78,249 cured and discharged cases, 4,634 deaths, 82,967 confirmed cases, and 7 suspected cases. A total of 740,967 close contacts have been traced, and 4,864 close contacts are still under medical observation. There are 43 confirmed cases (including 2 severe cases), and there are 7 suspected cases. A total of 1,709 confirmed cases have been reported, 1,666 cases have been cured and discharged, and no deaths have been reported. 31 provinces (autonomous regions, municipalities) and the Xinjiang Production and Construction Corps reported 31 new asymptomatic infections (3 imported from abroad); no confirmed cases were converted to cases on the same day; 24 cases were released from medical observation on the same day (no imported from abroad); 375 asymptomatic infections are still under medical observation (29 imported from abroad).
02 International
WHO: The cumulative number of confirmed cases in the world exceeds 5.06 million
According to real-time statistics from the World Health Organization data, as of 8:00 on May 21, Beijing time, the cumulative number of confirmed cases of new coronavirus pneumonia worldwide was 5061,074, of which 40,496 were new and 328,772 deaths were cumulative. To check the details of each country, please identify the QR code below and enter the "Global New Coronavirus Pneumonia Real-time Epidemic Map" produced by the International Financial News.
World Bank warned: The new crown epidemic will put 60 million people in extreme poverty
World Bank Group President David Malpass warned on the 20th that the global coronavirus pandemic and the economic stalls it caused may put 60 million people in "extreme poverty", among which Africa is particularly serious. The World Bank defines "extreme poverty" as a daily living expenses of less than US$1.90 (about RMB 13.5) per person.The World Bank said in a press release issued on the same day that the global economy is expected to shrink by 5% in 2020, which will erase the poverty reduction efforts made in the past three years to target the world's poorest countries.
The US Treasury Department claims sanctions against a Chinese logistics company, the Ministry of Foreign Affairs: Illegal! Cancel now!
According to foreign media reports, the United States announced on the 19th that it would impose sanctions on a logistics company located in Shanghai, China. It is said that the company has cooperated with Iranian Mahan Airlines, which was blacklisted by the United States. In response, Foreign Ministry spokesman Zhao Lijian said at a regular press conference of the Ministry of Foreign Affairs held on the 20th that China urged the US to immediately lift relevant illegal sanctions and will firmly be committed to safeguarding the legitimate rights and interests of its own enterprises.
The United States issued new sanctions on Iran
According to Arab TV station on the 20th, the United States issued new sanctions on Iran. According to a report by the Russian Satellite Network on the 20th, these sanctions are the latest measures by the United States to increase pressure on Iran in more than two years after Trump decided to withdraw from the Iran nuclear agreement in May 2018.
All 50 states in the United States have been “restarted”. Experts and officials are worried about the second wave of the epidemic
By May 20 local time, all states in the United States have entered the restart stage. CNN said some parts of the United States now look like they are back before the pandemic, with people gathering in parks and beaches, gathering in open-air bars and restaurants, and not wearing masks. U.S. public health officials warned that this could lead to a second wave of the outbreak and thousands of new deaths.
The US Centers for Disease Control and Prevention issued a 60-page resumption of work and restart guide
On the 20th local time, the US Centers for Disease Control and Prevention (CDC) issued a guide to restarting schools, public transportation and non-essential business, with a guide length of about 60 pages. The guide divides the relaxation of social isolation policies in various places into three stages, and recommends the use of six "threshold" indicators to determine whether it can be promoted, including the reduction of new confirmed cases, the reserve of emergency medical resources and large-scale testing. The CDC said that although some areas can promote restart in an orderly manner, other areas may experience repeated outbreaks, so it is still necessary to take some level of epidemic prevention measures.
U.S. Vice President Pence said he would not take Hydroxychloroquine
According to NBC, U.S. Vice President Pence said on Tuesday that he would not take hydroxychloroquine. US President Trump has repeatedly vigorously promoted hydroxychloroquine, saying it is a drug to treat the new coronavirus and claims that he is taking this drug to prevent the new coronavirus infection.
Two men were arrested in the United States for suspected assistance to Ghosn to flee Japan
According to Russian Satellite Network on the 20th, two men were arrested by US authorities for suspected assistance to Ghosn, former chairman of Nissan, fleeing Japan. One of them is Michael Taylor, a former U.S. special forces soldier; the other is Peter Taylor, who was wanted for suspected assistance to Ghosn to escape Japan. In November 2018, Ghosn was arrested in Japan for allegedly concealing huge personal income and misappropriating company funds for private expenditures. The Japanese court originally scheduled to open a trial in April 2020 for the case of Ghosn, but Ghosn left Japan and arrived in Lebanon at the end of 2019. In January 2020, Japan issued a new arrest warrant for Ghosn.
Japan plans to unblock Osaka and Kyoto, and continue to Tokyo and Hokkaido state of emergency
According to the Japan Broadcasting Association (NHK) report on the 20th, the Japanese government will hold an expert consultation meeting on the 21st, planning to lift the state of emergency for prefectures such as Osaka, Kyoto, Hyogo. On the other hand, Tokyo and Hokkaido continue to maintain a state of emergency.
Park Geun-hye The final trial of the case of interfering in politics and accepting bribes. The prosecution recommended that the sentence be sentenced to 35 years in prison
According to Yonhap News Agency on the 720th, the Seoul High Court of South Korea held a final trial of the case of interfering in politics and accepting bribes for former South Korean President Park Geun-hye. The prosecution recommended that the court sentence him to 35 years in prison.Among them, Park Geun-hye was sentenced to 25 years in prison, a fine of 30 billion won (about 174 million yuan), and a stolen money of 200 million won was recovered; he was sentenced to 10 years in prison for his abuse of power and obstructing others' exercise of power, and other parts such as his abuse of power, and a stolen money of 3.3 billion won was recovered. Park Geun-hye did not appear in court that day. Her defense lawyer said that Park Geun-hye has always been committed to achieving national happiness. She has never been involved in corruption and has never pursued self-interest. Considering that she has taken on a huge political responsibility, coupled with her long-term detention and poor health, she hopes to be acquitted.
The first day of resumption of classes in South Korea, many schools "stopped"
20 is the first day for Korean primary and secondary school students to return to school. Senior high school students and schools with less than 60 students were allowed to resume classes first. However, due to the concentrated transmission of Itaewon nightclubs in Seoul and other sporadic cases, many schools failed to resume classes that day. In the Incheon area, two senior high school students were diagnosed with COVID-19 on the same day. The Incheon Municipal Education Department then required 66 schools in the area under its jurisdiction to suspend classes urgently and students went home to receive online teaching. It is understood that both confirmed students are related to the infection case of a cram school teacher in Incheon. In , Gyeonggi-do, the local education department also suspended the return plan for school on the 20th due to a confirmed patient the day before yesterday.
Philippine A magnitude 5.6 earthquake occurred in the southern waters of
According to the Philippine Volcanic Earthquake Research Institute, a magnitude 5.6 earthquake occurred in the southern waters of the Philippines at around 20:45 pm on May 20. The epicenter was located at 5.97 degrees north latitude and 125.88 degrees east longitude, located 31 kilometers northeast of Jose Abad Santos Town, West Davao Province. The focal depth is 83 kilometers, and there are no losses expected, but there will be aftershocks.
Pakistan first deaths of MPs
According to foreign media reports, on the 20th local time, Pakistani Punjab parliamentarian Shaunen Raza died in a hospital due to infection with the new coronavirus. This is the first MP in the country to die from the new coronavirus. Laza was 65 years old. She was admitted to the hospital on May 17 and transferred to another hospital on the 18th where she tested for the virus and tested positive. Punjab Health Minister Yasmeen Rashid revealed that Raza had been to a local quarantine center and she had cancer herself.
03 Finance
A shares fluctuated and weakened, technology stocks led the decline, and northbound funds were net inflows of more than 3 billion
On May 20, the three major A-share indexes fluctuated and weakened, with a huge decline in the afternoon and collectively closed down. The Shanghai Composite Index fell 0.51% to close at 2883.74 points; the Shenzhen Component Index fell 0.94% to close at 10948.48 points; the ChiNext Index fell 1.21% to close at 2118.12 points. Most of the individual stocks and sectors closed down. Among the 28 Shenwan first-level industries, only banks, textiles and clothing, and electrical equipment rose against the market, while sectors such as national defense and military industry and computer led the decline. Electronic cigarettes, gold concepts, etc. are highly sought after, with the concept stocks of space-based Internet concepts falling by 4%, while concept stocks such as RCS concepts, PCBs, and remote offices all fell by more than 2%. A total of 1,047 stocks in Shanghai and Shenzhen stock markets rose, and 77 stocks hit the daily limit. The trading volume of the two markets was not obvious, with today's turnover of 686.7 billion yuan. Northbound funds maintained a net inflow, with the Shanghai Stock Connect net inflow of 1.3 billion yuan and the Shenzhen Stock Connect net inflow of 1.8 billion yuan.
5 LPR "Still the move"
5 On May 20, the May loan market quotation rate (LPR) was freshly released: the 1-year LPR was 3.85%, and the 5-year LPR was 4.65%, both of which were the same as April. The International Financial News reporter learned that the LPR quotation in May remained unchanged, in line with general market expectations. On May 15, the central bank carried out a monthly routine MLF operation, and the winning rate was not lowered, maintaining 2.95%. Since the LPR reform, the 1-year LPR quotation and MLF interest rate have often been adjusted in a coordinated manner, so the main reference basis for the May LPR quotation has not changed.
Two departments: pig production continues to improve, but the task of stabilizing production and ensuring supply is still arduous
5 On May 20, the Ministry of Agriculture and Rural Affairs and the China Banking and Insurance Regulatory Commission held a video conference in Beijing, deploying various localities to fully implement various financial support policies to support the development of pig production, promote the accelerated recovery of pig production, and improve the supply guarantee capacity of pork products. Yu Kangzhen, Vice Minister of Agriculture and Rural Affairs, and Zhou Liang, Vice Chairman of the China Banking and Insurance Regulatory Commission, attended the meeting and delivered speeches.The meeting emphasized that pig production is currently showing a continuous and positive development trend, but the task of stabilizing production and ensuring supply is still arduous.
Beijing: On-site promotions and lottery draws are not allowed
On May 20, the Beijing Municipal Housing and Urban-Rural Development Commission issued the "Notice on Further Improving the Management of Sales Venues in Real Estate Development Projects During the Period of Normal Epidemic Prevention and Control." It is required that the number of personnel on the sales site should be strictly controlled and customers should be guided into the sales venue in time and batches. On-site sales reception shall implement independent regional one-to-one service, and one salesperson shall only receive one group of customers (in principle no more than 2 people); no two or more customers shall be arranged to visit the model room at the same time; no gathering activities such as on-site promotions, lottery lottery lottery and other gatherings shall be held. For those who need to sign a contract on site, an appointment system should be adopted, the density of on-site personnel should be strictly controlled, and customers should be guided to sign a house purchase contract in an orderly manner. Developers are encouraged to make full use of non-direct contact methods such as telephone, the Internet, virtual reality technology (VR), live sales and other non-direct contact methods to carry out online real estate display, publicity and other marketing activities.
Hong Kong Stock Exchange Market Development Head Li Gang was revealed to be resigning before the end of the year
According to Bloomberg on May 20, Hong Kong Stock Exchange Market Development Head Li Gang will resign before the end of the year. A spokesman for the Hong Kong Stock Exchange said the exchange did not comment on individual employees.
US Securities and Exchange Commission will hold a "lightning protection" roundtable
Following the Nasdaq Exchange's notification of Luckin Coffee delisting, Luckin's fraud incident continues to ferment. On May 19, the U.S. Securities and Exchange Commission announced that it will organize a roundtable meeting of investors and other market participants, regulators and industry experts to discuss investment risks in emerging markets on July 9. The SEC said that over the past decade, U.S. investors and U.S. capital markets have generally increased exposure to companies with large businesses in emerging markets, including China, the largest emerging market and the world's second largest economy. Investment in emerging markets can bring significant information disclosure, financial reporting and other risks to U.S. investors. The roundtable will explore how investors can raise awareness of these risks and what additional measures can be taken to mitigate them.
04 Company
China Mobile joined forces with China Radio and Television: 1:1 to invest to build a 700M 5G wireless network
On May 20, China Mobile issued an announcement stating that the company recently received a notice from the parent company China Mobile Communications Group Co., Ltd. that it has entered into a cooperation framework agreement on 5G co-construction and sharing with China Radio and Television Network Co., Ltd. . The two parties jointly determined the network construction plan and jointly invested in the construction of a 700MHz 5G wireless network at a ratio of 1:1, jointly owned and had the right to use 700MHz 5G wireless network assets.
Shenzhou Youche is revealed to be planning to sell limited partners' rights of 1 billion yuan
On May 20, according to Reuters , Shenzhou Youche is seeking current financial funds, hoping to sell its limited partners' rights worth 1 billion yuan in the fund of a Chinese private equity company Centurium Capital. According to people familiar with the matter, Shenzhou Youche has contacted potential investors regarding its limited partners' rights and interests in the Shenzhou Youche Industry Fund managed by Dajin Capital.
rumor NetEase may launch Hong Kong IPO
On May 20, according to the Hong Kong Economic Daily, NetEase plans to launch Hong Kong IPO as early as June, planning to raise US$1 billion to US$2 billion. This means that NetEase is likely to complete its listing earlier than expected. In fact, as early as the beginning of this month, news broke that NetEase has officially submitted a listing application to the Hong Kong Stock Exchange through confidentiality, and may complete its secondary listing as soon as the second half of this year. No final decision has been made in details such as issuance scale and timetable. Regarding the above rumors, NetEase responded to the reporter of the International Financial News that it would not comment.
The first convertible bond that was suspended from listing due to triggering trading rules
On May 20, Huifeng Co., Ltd. issued an announcement stating that because the company's audited net profit for two consecutive years in 2018 and 2019 was negative, the Shenzhen Stock Exchange decided that Huifeng convertible bonds that can convert corporate bonds were suspended from listing from May 25. There were once convertible bonds in the A-share market that were suspended from listing due to a stock of less than 30 million yuan, and Huifeng convertible bonds are the first convertible bond product in the convertible bond market to suspend listing due to triggering trading rules.
The former king of potassium fertilizers ST Salt Lake will suspend its listing
On the evening of May 20, the Shenzhen Stock Exchange issued an announcement stating that Qinghai Salt Lake Industrial Co., Ltd. (ST Salt Lake) audited net profits in the three fiscal years 2017, 2018 and 2019 were negative continuously. In accordance with relevant regulations and the review opinions of the Listing Committee of the Exchange, it was decided that the company's stock will be suspended from listing from May 22, 2020. ST Salt Lake was founded in 1958 and listed on the Shenzhen Stock Exchange in 1997. It is the largest state-owned enterprise in Qinghai Province. The company's largest shareholder is Qinghai State-owned Assets Investment Management Company, and the actual controller is Qinghai Provincial State-owned Assets Supervision and Administration Commission. ST Salt Lake's main businesses include the production and sales of potassium chloride, the comprehensive utilization of salt lake resources, etc. Among them, the potassium fertilizer sector has an annual design capacity of 5 million tons, making it the largest potassium fertilizer production enterprise in China and is known as the "king of potassium fertilizer" in the industry.
edit Sun Xiao
