Li Qiang signed the the State Council Order to promulgate the Decision of the State Council on Amending and Abolishing Some Administrative Regulations, and the State Council Prime Minister Li Qiang recently signed the the State Council Order to promulgate the Decision of the State Council on Amending and Abolishing Some Administrative Regulations, which will take effect on January 20, 2025. In order to fully implement the spirit of the 20th National Congress of the Communist Party of China and the Second and Third Plenary Sessions of the 20th Central Committee, implement the spirit of institutional reform of the Party and the state, promote strict and standardized fair and civilized law enforcement, optimize the business environment ruled by law, and ensure a high level of opening to the outside world, the State Council cleaned up the administrative regulations involved, and decided to amend some provisions of 21 administrative regulations and abolish 4 administrative regulations. (Xinhua News Agency)Digital authentication has set up a new technology company in Tianjin. The enterprise search APP shows that Tianjin Mixin Tianxing Technology Co., Ltd. was recently established, with Cheng Xiaozhuo as the legal representative and a registered capital of 30 million yuan. Its business scope includes: electronic authentication services; Software development; Information system integration service; Network and information security software development, etc. Enterprise equity penetration shows that the company is wholly owned by Digital Certification.The Jiading District Government of Shanghai organized statistics on the arrears of dealers. The reporter was informed that the relevant departments of the Jiading District Government of Shanghai have stepped in to count the arrears of dealers. At about 13: 00 on December 13th, the reporter of Beijing News Shell Finance saw at the registration site of Shanghai Yongqiao Village Committee that a staff member was organizing the dealers present to fill out the form, and the information collected included the name of the company, contact person, goods supplied, amount owed, due date, etc. (Shell Finance)
China Securities Association: Let the margin financing and securities lending business truly become a powerful tool to serve the people's wealth growth and promote the healthy development of the capital market. On December 6, 2024, China Securities Association held a plenary meeting of the professional committee on margin financing and securities lending business in Chongqing. The meeting emphasized that industry organizations should give full play to the functional role of margin financing and securities lending business, strictly implement relevant regulatory requirements, optimize business processes, improve institutional systems, provide quality services to customers, always bear in mind the people-oriented principle, and put the protection of investors' legitimate rights and interests at the core, so that margin financing and securities lending business can truly become a powerful tool to serve the wealth growth of the people and promote the healthy development of the capital market. The meeting summarized the key work of the Committee in 2024 and discussed the work plan for the next stage. In the next step, the Committee will further play a professional and "handle affairs, discuss and communicate" platform role to jointly promote the high-quality development of margin trading and securities lending business.Exclusive Baidu Geely Joint Voice: The transfer process has been completed, and the social security for employees of Jiyue was paid in November. On the afternoon of December 13th, Sina Technology learned exclusively that Baidu and Geely Automobile, the two major shareholders of Jiyue Automobile, have reached a consensus today and jointly stated that as shareholders, they will actively assist the management of Jiyue to properly handle related matters: the social security payment for employees and the compensation for employees who leave their posts will be solved as soon as possible; Maintain the normal use, after-sales and maintenance of users' vehicles; Promote the reasonable and legal settlement of other matters. According to reports, Geely and Baidu have completed the transfer process on the evening of the 12th, and paid social security for the employees in November. It is reported that Jidu Automobile Co., Ltd. is a new start-up company established by Geely Holding and Baidu Holding, and it is an innovative product to explore the intelligent transformation of automobiles. Jiyue automobile products are manufactured by Geely factory and authorized to operate exclusively by Jidu. Due to the great changes in the industry competition pattern, the established business plan cannot be implemented and the operation has encountered challenges. (Sina Technology)Dongfang Zhizao recorded 7 boards in 9 days, and Dongfang Zhizao recorded 7 daily limit again, with a cumulative increase of 73.59% and a cumulative turnover rate of 262.35%. As of 14:05, the stock traded 353 million shares today, with a turnover of 2.753 billion yuan and a turnover rate of 27.62%. The total market value of the latest A shares reached 10.24 billion yuan, and the circulating market value of A shares was 10.24 billion yuan.
BOC International: Reiterating that China Telecom is the first choice for the "buy" rating of Chinese telecom stocks, BOC International published a research report that the contribution of cloud services to revenue and profit continues to promote the growth of Chinese telecom operators, and cloud and artificial intelligence services are becoming the only sustainable driving force for Chinese telecom operators' revenue and EBITDA. China Telecom and China Unicom have recorded steady growth in profit margin of EBITDA in two quarters this year. With the development of state-owned enterprises and local governments, the bank expects to support the development of end-to-end proprietary cloud infrastructure services for telecom operators for a long time to improve security and regulatory requirements, and at the same time, Chinese telecom stocks can provide attractive valuation and dividend returns to support their long-term performance. Therefore, it reiterates its "buy" rating for Chinese telecom stocks, with China Telecom as the first choice, followed by China Unicom and China Mobile.Bank of Communications International: For the first time, it covers the "buy" rating and target price of HK$ 5.86 given by the rich industrial trust. The Bank of Communications International published a report that the rich industrial trust has multiple investment advantages and stock price drivers, including stable profit prospects, low valuation, further interest rate cuts and potential inclusion in Shanghai-Shenzhen-Hong Kong Stock Connect, which are all beneficial to the valuation of REITs. For the first time, the bank covers the purchase of wealth and gives a "buy" rating with a target price of HK$ 5.86. Bank of Communications International believes that the rental income prospect of Zhifu Industrial Trust can remain basically stable. At the same time, the current share price corresponds to a dividend of 9.4% in 2025, and the gap between the dividend yield and the yield of 10-year US bonds is about 1.1 standard deviation lower than the long-term level. It is considered that the current valuation is still far below its long-term average level, and has reflected most of the worries of the retail market in Hong Kong. The report continued that although high interest rates will still have a negative impact on this year's earnings, it is expected that the dividend per unit of Zhifu will resume growth from next year under the condition of continuous interest rate reduction. It is expected that the dividend per unit will decrease by 10%, increase by 3.8% and increase by 4.1% from 2024 to 2026 to 36.34, 37.71 and 39.26 Hong Kong cents respectively.Beijing Stock Exchange plans to carry out the fifth network-wide test of trading support platform optimization tomorrow. On December 13th, the office of Beijing Stock Exchange and the office of National Stock Transfer Company issued a notice to carry out the fifth network-wide test of trading support platform optimization on December 14th. The participating institutions are Beijing Stock Exchange, National Stock Transfer Company, China Clearing, Shenzhen Stock Connect, securities companies, fund companies and information providers.
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14