Category: Flash News

On January 4th, major European stock indexes collectively closed down, with the German DAX30 index falling 0.48%, the UK FTSE 100 index falling 0.42%, the French CAC40 index falling 1.51%, and the European Stoxx 50 index falling 0.95%.

On January 3rd, Song Zhiyong, Director of the Civil Aviation Administration of China, published an article titled “High Quality Development of General Aviation and Low Altitude Economy” in the Study Times. The article mentions the establishment of a sound flight service support system. The flight service support system is the management center for achieving efficient operation of low altitude flight activities. Adhere to unified standards and interfaces, promote the layout of integrated communication, navigation, and monitoring infrastructure for air, space, and earth, and coordinate with the digital transformation of the entire city to promote the sharing of military, civilian, and facility data. Improve the regulatory and standard system for low altitude flight services, strengthen the construction of flight service support capabilities, accelerate the construction of low altitude air navigation capabilities, and focus on building a low altitude flight service support system with effective services, strong supervision, accurate data, and real-time interconnection.

On January 3rd, data shows that in 2024, a total of 2192 A-share companies implemented share repurchases, with a total repurchase amount of 158.613 billion yuan, breaking the record for repurchase amounts in previous years. Among them, 408 companies repurchased more than 100 million yuan, and 12 companies repurchased more than 1 billion yuan. From the perspective of industry distribution, listed companies in the pharmaceutical and biological, power equipment, electronics and other industries have performed particularly well, playing an important role in stabilizing confidence in the A-share market.

On January 3rd, a special conference on major project construction in Jiangsu Province was held in Wuxi on January 2nd. At the meeting, the Development and Reform Commission of Jiangsu Province reported on the arrangement of major projects in the province this year and the planned commencement of projects in the first quarter. The Provincial Department of Natural Resources and the Provincial Department of Ecology and Environment respectively made speeches. This year, a total of 500 projects and 100 reserve projects have been arranged and implemented at the provincial level, with an increase in quantity and scale compared to the same period last year. This highlights the leadership of scientific and technological innovation, green and low-carbon transformation, and new construction increment, as well as the integration and connection with the “dual”. To further stimulate the vitality of private investment, 200 key provincial private investment projects will be arranged this year. In the first quarter, the province plans to start 2807 projects worth over 100 million yuan, an increase of 97 compared to last year. At the beginning of the year, we must start construction and work hard. A large number of projects are accelerating their implementation and construction, which will inject momentum and provide support for achieving a “good start”. (Xinhua Daily)

On January 3rd, it was learned from the National Energy Group that the largest integrated offshore photovoltaic demonstration project for solar hydrogen storage in China, the Guohua Investment Jiangsu Branch of the National Energy Group’s Rudong Solar Hydrogen Storage Integration Project, has recently been successfully connected to the grid for power generation. This marks the launch of the first “comprehensive energy utilization+coastal ecological governance” project in China that integrates photovoltaic power generation, hydrogen production and refueling, and energy storage power stations.

On January 3rd, Song Zhiyong, Secretary of the Party Group and Director of the Civil Aviation Administration of China, published an article titled “High quality Development of General Aviation and Low altitude Economy” in the Study Times. The article mentions improving the low altitude infrastructure system. Infrastructure construction is the fundamental condition for promoting the development of low altitude economy. Adhere to the guidance of safe development, intensive efficiency, and smart green, with a focus on increasing the supply of construction and operation management standards, strengthening central local cooperation, and simplifying approval processes, support the acceleration of vertical takeoff and landing infrastructure construction, classify and simplify airport construction procedures and standards, optimize the layout of general airports and takeoff and landing points, and comprehensively improve the quality of general aviation and low altitude economic infrastructure supply.

① 16:55 Quarterly Adjusted Unemployment in Germany in December (10000 people); ② 16: 55 Germany’s December seasonally adjusted unemployment rate; ③ 17: 30. Bank of England mortgage loan approvals in November (in 10000 cases); ④ 23:00 US December ISM Manufacturing PMI; ⑤ 23:30 US EIA natural gas inventory for the week ending December 27th (in billions of cubic feet); ⑥ The next day at 00:00, 2027 FOMC voting committee and Richmond Fed Chairman Barkin delivered a speech; ⑦ The total number of oil wells drilled in the United States from 02:00 the next day to January 3rd for the week.

On January 3rd, Al Jazeera reported on January 2nd local time, citing the Gaza Strip media office, that since the outbreak of a new round of Israeli Palestinian conflict in October 2023, 736 humanitarian aid workers have died in Israeli military attacks.

On January 3rd, under the goal of striving for first-class investment banks, securities and investment banks will adhere to their “functional” positioning and effectively play the role of financial services in the real economy in 2024. The total underwriting amount of stocks and bonds for the year is about 14.4 trillion yuan. Despite the decline in equity underwriting amount, bond underwriting has shown a steady upward trend, providing solid support for the stable development of securities firms’ investment banking business. In the past year, top securities firms have continued to lead in multiple sub sectors of investment banking business with their strong comprehensive strength. At the same time, a group of small and medium-sized securities firms have successfully entered the forefront of the industry with flexible strategies and precise layouts, not only achieving significant leaps in rankings, but also building distinct competitive advantages in specific business areas. Looking ahead to the future, deepening the cultivation of key industries and seizing opportunities for mergers and acquisitions are becoming key directions for securities firms and investment banks to focus on layout. (Securities Daily)

On January 3rd, recently, financial regulatory authorities have adjusted and optimized policies related to stock repurchases, increased holdings, and refinancing, including increasing financing ratios, extending loan terms, and expanding the scope of application. Industry insiders say that these measures will further lower the threshold for participation, expand the scope of policy radiation, alleviate the financial pressure on borrowers, and better mobilize the enthusiasm of listed companies and important shareholders to implement stock repurchases and increase holdings. On January 2nd, it was learned in the industry that as of the end of last year, financial institutions had reached cooperation intentions with over 700 listed companies and major shareholders, of which more than 200 had announced plans to apply for loans with a total limit exceeding 50 billion yuan. Preliminary statistics show that by 2024, the upper limit of repurchase and increase plans disclosed by the entire market will exceed 250 billion yuan. (Shanghai Securities News)