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Review Of Important Financial News During New Year's Day

2011/1/4 10:28:00 72

New Year's News Review


  January 1, 2011


   RMB rate For 9 days, touch top 6.62.
On the last day of 2010, the central parity of RMB against the US dollar jumped from 6.6623 to 6.6227, rising for 9 days, and then reaching a new high since the exchange rate was changed. In this regard, the appreciation of the RMB exchange rate in 2010 has exceeded 3% - perhaps this is the central bank's intended target. And the appreciation of the renminbi has begun to synchronize with the increase in interest rates.
   14 families Listed company Government red envelopes
On the last day of 2010, a total of 14 Listed Companies in the Shanghai and Shenzhen two cities announced the announcement of government subsidies. On the whole, the types of financial subsidies are varied: there are subsidies for energy conservation and emission reduction, compensation for land, support for the development of leading enterprises, and encouragement of special bonus for listed companies. Financial subsidies will have different effects on the performance of listed companies throughout the year. Many companies that are on the verge of delisting may return to life, and some companies will help to avoid losses by making use of financial support to make profits.
   A shares issued a total of 1.4 new shares last year, making a record high of $1 trillion.
Statistics show that in 2010, there were a total of 349 initial shares of A shares. If converted to 250 trading days in the whole year, it means that about 1.4 new shares are issued every day, and 7 new shares will be available every week. This figure exceeds the sum of three years in 2007~2009, setting a historical record. In 2010, the total fund-raising amount reached 1 trillion and 1 billion 632 million yuan, which has surpassed the trillion mark and surpassed the historical record of 798 billion 582 million yuan in 2007. On the scale of IPO, the issuance and issuance of shares, they all reached a record high of 492 billion 131 million yuan, 365 billion 680 million yuan and 143 billion 822 million yuan respectively.
    December PMI The index is 53.9%, down 1.3 percentage points from last month.
In December 2010, CFLP China Manufacturing Purchasing Managers Index (PMI) was 53.9%, down 1.3 percentage points from last month. Judging from the sub index, there is a downward trend. Compared with the previous month, the new export orders index, backlog order index, finished product inventory index, raw material inventory index and supplier delivery time index increased, but the increase was small, mostly within 1 percentage points, and the rest of the indices declined. Among them, the new order index and the purchase price index fell by 2.9 and 6.8 percentage points respectively.
    Cars go to the countryside and replace old ones with new ones.
The Ministry of Finance announced that the subsidy policy for car to the countryside and car replacement was completed in December 31, 2010. This also means that in 2008 and 2009, the three incentive policies that contributed most to automobile sales in response to the impact of the financial crisis will be withdrawn from the stage of history. Prior to that, the Ministry of Finance announced that the preferential tax policy for 1.6L and the following small displacement passenger cars ended at the end of last year. Zhang Boshun, Secretary General of the China Automotive Industry Association's market and Trade Committee, believes that this reflects the country's worries about overheating of automobile consumption. After encouraging the policy to exit, China's auto market will definitely cool down this year, but the total growth rate is still expected to be around 10%.
   US stocks closed strong in 2010, rising 11% in 2010
The US stock market closed differently on Friday. At this point, the US stock left the 2010 with excellent results. Dow rose 11% in 2010. The index rose 16.9% in 2010. The S & P 500 index rose 12.8% in 2010.   
   January 2, 2011
   Wen Jiabao: stabilize prices in a more important position
From 1 to 2 January, Wen Jiabao, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, visited Xilinguole Meng's pastoral areas of the Inner Mongolia Autonomous Region to pay New Year's greetings and blessings to them. He went to the hinterland of the Xilin Gol Grassland, which was covered by snow, at the temperature of minus 25 degrees Celsius. He visited the herdsman's family, went to the supermarket to understand the commodity supply and price situation, and visited the condolences of the needy people in the community.
   Moutai's ex factory price increased by 20% in 10 years.
Since January 1st, Guizhou Moutai, China's high-end liquor, has raised its factory price appropriately, with an average increase of around 20%. This is the biggest increase in Moutai's factory price in the past 10 years.
   The first document is the highlight of farmland irrigation works.
In 2004 ~2010, the central document No.1 focused on the "three rural issues" for 7 years in a row. In 2011, the "Document No. 1" specifically defined the investment in water conservancy facilities while locking down the "three rural issues". As the highlight of the year, the No.1 document affects the pulse of the capital market. Market participants believe that the biggest benefit in early 2011 is undoubtedly agriculture and water sector.
   Us low interest rate helps push gold prices up to $1510 in the first quarter.
This week is a Christmas and New Year holiday, but the international gold market is not as light as water. Gold prices rose sharply from a low of $1372 at the beginning of the week, reaching a maximum of $1413. Despite the negative impact of interest rate hikes in China, the US market, which is more concerned about the market, has been losing money frequently. The low interest environment of the mainstream market has strengthened the unique charm of zero interest currency gold, which implied the clues of the change of international gold price in 2011.
   The CBRC strictly prevents banks from transferring credit lines in the form of credit assets transfer.
In December 21, 2010, the China Banking Regulatory Commission issued the notice on further regulating the transfer of credit assets of banking financial institutions in a hurry. The CBRC has made it clear that banks should follow the three principles of authenticity, integrity and clean transfer in the transfer of credit assets, and explain the above three principles "that is, the real transfer of assets. The transferred credit assets should include all outstanding principal and interest receivable, which requires the realization of the real and complete transfer of assets and the real and complete transfer of risks". In the first time the principle of clean transfer was put forward, the principle of integrity was restated.
   January 3, 2011
   In the first week of 2011, restricted shares lifted the market value of 156 billion 400 million or the highest in the year.
This week is the first trading week of 2011 (from January 4th to 7th). According to the arrangement of Shanghai and Shenzhen Stock Exchange, there are more than 19 billion 300 million shares of Listed Companies in the two cities, and the market value of the lifting of the ban is 156 billion 400 million yuan. In the current stock price, the market value of the lifting of the ban is the highest in 2011 for a single week in 18 cities.
   Some cities such as Fuzhou and Xiamen decided to continue to implement the purchase order.
It has been stated that the "effective period" of the commercial housing purchase restriction policy to Fuzhou, Xiamen and other cities in December 31, 2010 has decided to postpone the implementation of this policy. Insiders and experts said that the government continued to "force" the purchase is expected, and to effectively ease the pressure on the rebound in the housing market, it is urgent to expand the supply of the property market.
   Mainland tourists' personal travel to Taiwan is expected to open in Beijing and Shanghai before the Ching Ming Festival.
Wu Mingzhe, director of the Taiwan Affairs Office of Xiamen, held a 10th Anniversary Meeting on the 2 day of the opening of the "three links" direct passenger transport in Xiamen city. It said that the total number of passengers travelling to and from the Xiamen and Jinan route has been over 5 million 800 thousand in the past ten years, of which 1 million 300 thousand passengers have been reached in 2010.
  Credit in January or more than 1 trillion in the first quarter lending reference last year
According to the credit rhythm "3:3:2:2" principle, according to 7 trillion projected credit, the first quarter of 2011 should be 2 trillion and 100 billion yuan and 700 billion yuan in January. But banking researchers say that the amount of bank credit in January is definitely high, which may exceed 1 trillion yuan.
  Water flooded Queensland coal prices rise, China's imports of coal are affected
Australia is the largest coal and iron ore exporting country in the world. Australia accounts for almost 2/3 of the global coking coal trade. Queensland is the largest shipping coal export base in the world. Coal production accounts for 25% of the total annual output of 3.34 million tons in Australia. But in Queensland, almost all coal mines are closed because of floods. Even if coking coal is transported to the port, it is too wet to pack.

 

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