Category: Flash News

On December 28th, the Mongolian government announced on Friday that it has reached a preliminary agreement with France’s Olano Mining Group to jointly develop a uranium mining project worth $1.6 billion. The Mongolian government stated that the initial investment for the project is 500 million US dollars, with a total investment of 1.6 billion US dollars. The preparation phase will begin from 2024 to 2027, and it is expected to be put into operation for the first time in 2028.

On December 28th, as the second largest institutional investor in the A-share market, the research trends of insurance funds have attracted market attention. According to the reporter’s analysis, as of December 27th this year, a total of 198 insurance institutions have conducted research on 1954 A-share listed companies, with a total of 21633 surveys. By comparison, the number of insurance institutions participating in the survey decreased by 10.4% year-on-year, the number of surveyed stocks decreased by 4.7% year-on-year, and the total number of surveys decreased by 28.4% year-on-year. From an industry perspective, industries such as semiconductor products, industrial machinery, and electronic components have been surveyed more frequently. (Securities Daily)

On December 28th, as the end of the year approaches, the wave of consumer finance companies issuing bonds continues. Data shows that as of December 27th, 11 consumer finance companies have issued over 30 financial bonds this year, with a total size exceeding 50 billion yuan. Overall, the issuance period of the above-mentioned financial bonds is mostly three years, and the coupon rate for financing is not higher than 3%, with an average coupon rate of 2.3%. (Securities Daily)

On December 28th, as of December 27th this year, more than 170 equity funds (only counting the main code) have ended their fundraising ahead of schedule. In the eyes of the interviewees, the active fundraising of equity funds has released a positive signal of a significant rebound in market sentiment, and will also bring more incremental funds to the equity market in the future. The situation of newly established equity funds within the year also reflects the increase in investor subscription activity for equity funds. Data shows that as of December 27th this year, 684 equity funds have been newly established, with a total issuance size exceeding 300 billion yuan, an increase in size compared to the same period last year. (Securities Daily)

On December 28th, since the release of the “Notice on Establishing Stock Repurchase and Increase in Shareholding Loans” in October this year, multiple listed companies and their important shareholders have actively applied for special loans for stock repurchase and increase in shareholdings from relevant financial institutions. According to data, as of December 27th, 249 listed companies have announced that their companies and important shareholders have obtained special loans for repurchase and increase of holdings since the release of the notice. According to the maximum loan amount, the total loan amount involved exceeds 52.7 billion yuan. (Securities Daily)

On December 28th at 06:00, the Central Meteorological Observatory continued to issue a blue warning for strong winds. It is estimated that from 08:00 on December 28 to 08:00 on December 29, there will be gales of 5 to 6 levels and gusts of 7 to 9 levels in parts of Xizang, southern Qinghai, western Gansu, central and western Inner Mongolia, northern Hebei and other regions; There will be strong winds of 7-8 levels and gusts of 9-10 levels in the northern and southern waters of the East China Sea, the Taiwan Strait, the eastern waters of Taiwan, the Bashi Strait, most of the South China Sea, and the Beibu Gulf.

On December 28th, data shows that as of the time of press on the 27th, nearly 560 listed companies have received research from securities firms since December. From the performance of the secondary market, with the support of popular concepts in some markets, the stock prices of some surveyed companies have surged since December, with the strongest targets experiencing a nearly 130% increase within the month. From an industry perspective, since December, listed companies in the mechanical equipment and electronics industries have received intensive attention from securities firms, and the opportunities for future market layout in related industry chains have also been optimistic. (China Securities Journal)

On December 28th, bank equity has frequently appeared on auction platforms since the beginning of this year, with some banks’ small equity starting as low as 1 yuan for auction, attracting investors to watch. Industry insiders interviewed stated that the “1 yuan minimum auction” for bank equity is more of a gimmick to attract traffic and attention, rather than the actual transaction price. In addition, ordinary bidders are almost unable to successfully “pick up bargains” at extremely low prices. The final transaction price of a bank equity auction depends on the specific auction situation. Although there may be cases where a slightly lower price is used to “catch up”, the overall likelihood of a transaction at 1 yuan is extremely low. (Securities Daily)

On December 28th, the recent “two new” policies have shown their effectiveness, and the policy combination effect continues to play a role, steadily restoring the efficiency of enterprises. According to data released by the National Bureau of Statistics on December 27th, the operating income of industrial enterprises in November shifted from a decrease to an increase year-on-year, and the decline in profits continued to narrow. The profits of the consumer goods manufacturing industry grew rapidly. Experts say that the revenue and profits of industrial enterprises are showing an improvement trend, and the next stage of policy efforts is expected to increase, helping to sustain the recovery of enterprise operating efficiency. With the release of policy effects, industrial production has accelerated its recovery, and enterprise operating income has shifted from decline to increase. According to data from the National Bureau of Statistics, the operating income of industrial enterprises above designated size in China increased by 0.5% year-on-year in November, and decreased by 0.2% in October. From cumulative data, from January to November, the cumulative operating income of industrial enterprises above designated size increased by 1.8% year-on-year. (Shanghai Stock News)

On December 28th, data released by the Silicon Industry Branch of the China Nonferrous Metals Industry Association showed that the transaction price of polycrystalline silicon slightly increased this week. Among them, the average transaction price of N-type composite materials was 40600 yuan/ton, an increase of 0.74% month on month; The average transaction price of N-type granular silicon was 38000 yuan/ton, an increase of 2.70% compared to the previous period; The average transaction price of P-type silicon material was 33100 yuan/ton, unchanged from the previous month. The Silicon Industry Branch pointed out that due to the fact that the pre holiday stockpiling of direct downstream has basically ended in early this month, there is a trend of transferring polycrystalline silicon inventory from upstream manufacturers to downstream consumer enterprises, and the prices of this part of the orders are mainly concentrated at 40000 yuan/ton and below. The price of downstream direct procurement orders has not shown significant changes, mainly due to the short-term inability to reverse the supply and demand relationship of polycrystalline silicon. (Securities Times)