On July 31, the Supreme People's Court issued the "Regulations of the Supreme People's Court on Several Issues Concerning Representative Litigations in Securities Disputes", clarifying that litigation involving investor protection agencies as the special representative adopts the mode of implied entryStock market closing time and explicit exit. The China Securities Regulatory Commission simultaneously issued the "Notice on Doing a Good Job in Investor Protection Institutions' Participation in Special Representative Litigation for Securities Disputes." In the next step, we will promptly promote the implementation of a distinctive securities class action system.
Just entering April, we ushered in an unexpected huge dividend in policy-the construction of the new district. Although the real estate market in the new district is currently under control and there is no opportunity for speculation, in the capital market, the use of money to chase related concept stocks will not be subject to supervision. This has led to the Xiong'an concept led by BBMG to maintain 100 million yuan throughout the day. If there is no policy dividend, I believe this phenomenon is rare in the low and volatile stock market. Therefore, during the continuous fermentation of the concept of Xiongan, this strong market may continue.
On September 4th, Wang Bin, deputy director of the Department of Consumption Promotion of the Ministry of Commerce, stated at a press conference held that day that the consumer market is gradually overcoming the adverse effects of the epidemic, steadily recovering, and stabilizing and improving. It is expected that consumption growth in September will set off new growth. climax. However, the recovery of industries such as catering and accommodation has been slower than expected, some durable consumer goods have fallen sharply, and some areas have suffered deeper declines affected by the epidemic. The consumption potential needs to be further released.
Jeff Currie, head of commodity research at Goldman Sachs, pointed out in his latest report that there are many uncertainties in the current environment, and gold is a certainty. Unlike humans or the economy, gold is naturally immune to viruses. Unlike paper money that may spread the virus, gold does not have the possibility of acting as a medium of transmission.
Many organizations suggest that they can actively deploy the new year's market for liquor. China Merchants Securities stated that the liquor sector exceeded market expectations and led the market upward, food returned to normal growth, stock prices rose and fell mixed, and companies damaged by the epidemic gradually recovered. The third quarterly report is a key node for the full-year performance and the valuation outlook for the coming year. It is recommended to lay out the new year's market for liquor. The valuation of liquor is still improving and the performance is gradually improving.
From January to September 2018, the national state-owned and state-holding enterprises① (hereinafter referred to as state-owned enterprises) performed relatively well. Debt solvency and profitability have improved compared with the same period last year. The profit growth rate is 9 percentage points higher than that of revenue. The profit growth rate of steel, petroleum and petrochemical, non-ferrous metals and other industries is relatively high. 1. The main economic performance indicators of state-owned enterprises Total operating income. From January to September, the total operating income of state-owned enterprises was 4,112 billion yuan, a year-on-year increase of 2% (the same below). Central SOEs amounted to 24,46461 billion yuan, an increase of 6%. Local state-owned enterprises were 1,74659 trillion yuan, an increase of 7%. Total operating costs. From January to September, the total operating cost of state-owned enterprises was 4,0444.6 billion yuan, an increase of 8%, of which sales expenses, management expenses and financial expenses increased by 9%, 9% and 13% respectively. Central SOEs amounted to 23,415 billion yuan, an increase of 1%, of which sales expenses, management expenses and financial expenses increased by 5%, 5%, and 2% respectively. Local state-owned enterprises reached 17,129.06 billion yuan, an increase of 4%, of which sales expenses, management expenses and financial expenses increased by 4%, 16% and 18% respectively. The total profit. From January to September, the total profit of state-owned enterprises was 2,577.6 billion yuan, an increase of 11%. The central SOEs were 1.680 billion yuan, an increase of 14%. Local state-owned enterprises were 897.6 billion yuan, an increase of 16%. Net profit after tax. From January to September, the net profit of state-owned enterprises after tax was 1903.8 billion yuan, an increase of 17%. The central enterprises reached 1.2358 billion yuan, an increase of 10%. Local state-owned enterprises reached 667 billion yuan, an increase of 12%. Taxes should be paid. From January to September, the tax payable by state-owned enterprises was 340.6 billion yuan, an increase of 4%. Central SOEs were 243.62 billion yuan, an increase of 4%. Local state-owned enterprises reached 965.04 billion yuan, an increase of 18%. Assets, liabilities and owner’s equity. At the end of September, the total assets of state-owned enterprises were 1,750898 trillion yuan, an increase of 6%; the total liabilities were 1,138219 trillion yuan, an increase of 9%; the total owner's equity was 6,12689 trillion yuan, an increase of 1%. The total assets of central enterprises were 79.5569 billion yuan, an increase of 3%; the total liabilities were 5,375.2 billion yuan, an increase of 5%; the total owner's equity was 25.80.3 billion yuan, an increase of 1%. The total assets of local state-owned enterprises were 95.5339 trillion yuan, an increase of 8%; the total liabilities were 60683 trillion yuan, an increase of 2%; the total owner's equity was 3,544.6 billion yuan, an increase of 8%. Roe. From January to September, the return on net assets of state-owned enterprises was 1%, an increase of 0.2%. 8% of central enterprises, an increase of 0.4%. 9% of local state-owned enterprises, an increase of 0.1%. Assets and liabilities. At the end of September, the asset-liability ratio of state-owned enterprises was 65%, a decrease of 0.5%. 66% of central enterprises, a decrease of 0.5%. 69% of local state-owned enterprises, a decrease of 0Stock market closing time.3%. 2. Profitability of major industries From January to September, the profits of the steel, petroleum and petrochemical, and non-ferrous industries have increased year-on-year, which is higher than the revenue growth rate. Note: ①The national state-owned and state-holding enterprises mentioned in this monthly report include centrally managed enterprises, central departments and units-owned enterprises, and local state-owned and state-holding enterprises in 36 provinces (autonomous regions, municipalities directly under the Central Government, and cities under separate state planning), excluding state-owned enterprises Financial enterprises. ②Due to the influence of objective factors such as changes in enterprises and changes in equity, the enterprises included in the scope of the national state-owned and state-controlled enterprises in different periods are not completely the same. The year-on-year growth-related data of this month's report is calculated by comparing the current year's data of enterprises within the scope of this period and the same-caliber data for the same period of the previous year.
Judging from the specific net purchases in November, the net buying transaction days of Beijing Capital Funds were significantly more than the net selling days, and the amount of net purchases significantly exceeded the net sales. The Beijing Capital Capital purchased 25 net purchases in the last two trading days. 100 million yuan, 6 billion yuan. Earlier, there were two trading days with net purchases of more than 10 billion yuan, and on November 9 it was close to 20 billion yuan.
FIYTA (000026) continued to increase investment in product research and development, strengthened the construction of high-quality products, and maintained steady growth in the performance of its main brands. The smart watch field is developing rapidly and the competition is becoming more and more fierce. With the help of industry dividends, the company relies on the precision technology advantages accumulated by professional watchmaking and a more mature industrial foundation, and continues to introduce differentiated products with more technologically leading advantages. The smart watch business will remain relatively competitive. Rapid growth.
Looking at the world, A-shares performed very well in July, with the three major stock indexes ranking among the top three major global indexes. After the A-shares, Taiwan’s weighted gains were 98%, and the newly released Science and Technology 50 rose by 5%. On the contrary, the three indexes of Britain's FTSE 100, Nikkei 225 and France's CAC40 fell in July, with a decrease of 96%, 59% and 47% respectively. (European stock markets are based on statistics at the time of writing, and US stock markets are as of July 30)