Femorning Daily 17.2.2017
1、MinistryofCommerceofthePeople'sRepublicofChinanews,inJanuary,China'soutboundnon-financialdirectinvestmentrealizedatotalof53.27billionyuan,ayear-on-yeardecreaseof35.7%,aslightlysequentialdecreaseof4.6%.China'soutboundinvestmentcooperationhas shown the following characteristics, the first is that the investments in real economy and the emerging industry are the focus of attention; the second is that the investments to countries along the routes of "one belt one road" are active; the third is that corporate outbound investment and financing channels tend to diversify and so on.
2、Goldman Sachs said that China’s economy is indeed unlikely to have "hard landing" in 2017, but the economic growth may moderately slowdown. Chinese government is trying to curb the property market bubble without prejudice to broader economic sectors. However, China's current economic growth is still heavily dependent on government spending.
3、China Securities Journal news, Zhu Jun, the director of International Department of THE PEOPLE’S BANK OF CHINA (PBC), said that the exchange rate of RMB against US dollar once reached a high point of 6.05, and then it declined, as of now the backward adjustment is about 13%, which has been a lot. In addition, the current China's international balance of payment is not seriously imbalanced, the view of RMB undergoing a huge adjustment is not agreed.
4、Xinhua News Agency reported, with the strong incoming of inspection and law enforcement storm, reform, remodeling and positioning these three keywords are marking the new direction of the development of capital markets. It is learned that there are nearly 70 IPO companies taking the initiative to withdraw their application, so that some enterprises and intermediaries that leave things to luck and intend "to apply despite of illness" retreat in the face of difficulties.
5、China Financial Futures Exchange (CFFEX) said that it will take the risk prevention as the top priority of work in 2017, pay high attention to the bond market risk factors, improve the regulatory model with the futures business as a hub, establish the dynamic monitoring system for stock index futures with the ratio of turnover against positions as the core, and further enhance cross-market supervision and cooperation effectiveness.
6、Xinhuanet News, it is found through combing the financial reports of previous years that WANJIA CULTURE seems to fall into a vicious circle, loss - cross-border mergers and acquisitions - profit - and then loss - and then cross-border into another cycle, and its transition direction has always been the capital market hot theme. "Shell company" WANJIA CULTURE has gone through several times of "dexterous maneuvers", the main business has been changing frequently, the market observers analyze that, if a company does not have the main business, it cannot be called a normal company.
7、China Securities Journal online news, State-owned Assets Supervision and Administration Commission of Shanghai Municipal Government in 2017 will further improve the operation mechanism and supporting system of state-owned operation platform, deepen the platform company reform, strengthen the platform company's forward-looking research, develop platform company’s three years (medium-term) rolling plan, promote a new batch of large state-owned enterprises with strong liquidity and high market value into the state-owned capital platform.
8、Caixin.com news, the securities industry innovation fever is cooler than in the previous two years, the impact is still there. It is getting rid of the commission war, paying attention to the background optimization, improving operational efficiency with financial and technological innovation and enhancing the viscosity of institutional customers. Long tail client scene construction and institutional client technology innovation and progress is promoting brokerage internet innovation into the 3.0 era.
9、U.S. DEPARTMENT OF THE TREASURY released data showing that in December, 2016, China increased its holdings of US Treasury bonds by $ 9.1 billion, its holding scale rose to 1.0584 trillion US dollars, it was the first time for China to increase its holdings since May, 2016; Japan decreased its holdings of US Treasury bonds by $ 17.8 billion, its holding scale reached $ 1.0908 trillion and is still the largest US creditor country.
10、COMMERZBANK said that US President Trump has the ability to keep almost the entire Federal Reserve leadership on his side supporting him. This means that, in the long run, the Fed may be willing to accept higher levels of inflation and a weaker dollar. Weak dollar policy will be in line with their plans to significantly reduce the US trade deficit.
11、Femorning’s keyword for replying today is housing price. After the Spring Festival, some cities’ property market turnover has showed a declining trend, there has been regional loosening for housing prices. With policy upgrade, how are the price and volume trends in various regions? Femorning provides you with real-time price and volume data for a number of cities. All you need to do is to click on the button in the lower left of our WeChat interface, reply housing price by text or voice.