[Market Review]
The three A-share indexes collectively fell on the last trading day. At the close, the Shanghai Composite Index fell by 0.72%, the Shenzhen Component Index fell by 1.57%, the Growth Enterprise Market Index fell by 1.81%, and the Beizheng 50 Index fell by 4.24%. The turnover of Shanghai, Shenzhen and Beijing was 936 billion yuan, including 931.4 billion yuan in Shanghai and Shenzhen, which was 13.4 billion yuan more than the previous day. More than 4,500 stocks in the two cities fell. Northbound funds sold a net of 3.045 billion yuan. On the theme of the plate, gold, non-ferrous metals, electricity, hotel catering and automobile were among the top gainers; Photoresist, photovoltaic, medical equipment, new urbanization and education sectors were among the top losers.
[breaking news]
The Israeli Prime Minister said that the attack on Rafah had a date.
On the evening of April 8th local time and in the early morning of Beijing time today (April 9th), Israeli Prime Minister Benjamin Netanyahu issued a video statement, saying, "If the Israeli army wants to completely defeat Hamas, it must enter Rafah, the southernmost tip of the Palestinian Gaza Strip, to launch operations-this will happen, and there is a date". Netanyahu also said that he had received a detailed report on the Cairo negotiations, saying that Israel "is constantly striving to achieve its goal, first of all, to release all detainees and completely defeat Hamas". (CCTV International News)
Wan Feng Aowei: At present, the general-purpose aircraft delivered in batches have type certificate, production license and airworthiness certificate.
() According to the interactive platform, Wan Feng is a global leader in diamond research and development, owning all the property rights of 18 models, vigorously developing pure electric aircraft, and having a clear commercial layout in the eVTOL field. At present, the general aircraft delivered in batches include type certificate (TC), production license (PC) and airworthiness certificate (AC); And already has DOA aviation design organization certification and DUA aviation R&D organization certification issued by EASA of european aviation safety agency, making it one of the few enterprises in the global industry to obtain the certification.
The price reduction of Feitian Maotai has increased, and Pinduoduo’s subsidy of 10 billion yuan is as low as 2,450 yuan/bottle.
The retail price of Feitian Maotai market has declined, but the prices of various sales channels are different. The lowest is Pinduoduo’s official subsidy of 10 billion yuan, and the sales price is as low as 4,900 yuan /2 bottles, equivalent to 2,450 yuan/bottle. (Dahe Finance Cube)
Radioactive sources were discovered in the Far East of Russia, facing Heilongjiang Province across the river.
According to Reuters’s report on April 5th, a radioactive source was discovered in the Russian Far East city of Khabarovsk, and the authorities have declared a state of emergency in the area where the "radioactive source" was discovered. According to the report, an increase in radiation level was detected near the transmission tower about 2.5 kilometers away from the residential building. As Khabarovsk is close to Heilongjiang in China, its potential cross-border impact has aroused the concern of some domestic residents. On April 8, the reporter contacted Russian residents and said that the local area was in a state of emergency, but it did not affect life at present. The staff of the Embassy of China in Khabarovsk said that the state of emergency has not been lifted yet, and some areas have been controlled, but the radiation source has been controlled, causing no large-scale pollution. (Top News)
Song Zhiyong, Director of Civil Aviation Administration: Building a low-altitude flight service guarantee system with high quality.
Song Zhiyong, Director of the Civil Aviation Administration, published the article "Building a Low-altitude Flight Service Guarantee System with High Quality": Strengthening the top-level design of the low-altitude flight service guarantee system; Improve and perfect the low-altitude flight service regulations and standards system; Building a national comprehensive supervision service platform for low-altitude flight; Continue to strengthen the basic capacity building of low-altitude flight service support.
Oolong refers to reappearance? 33 lots of transactions smashed the national debt to suspension.
According to the Securities Times, on April 8, the first trading day after the Qingming small holiday, the price of "21 Treasury bonds 14" suddenly changed and fell to 90 yuan/Zhang. Subsequently, the Shanghai Stock Exchange issued an announcement and decided to suspend the trading of the national debt from 13: 42 on the same day and resume trading at 14: 12. After the resumption of trading of the national debt, there were 200 lots of bids for 99 yuan/sheet in the market, but no transaction was made until the close. At present, the overall performance of the bond market is relatively stable, and some investors question that the 33-lot transaction may be an own goal. The reporter observed the market trend of other national debt and found that when the liquidity is insufficient, the related bonds are also prone to "flash collapse", but with the elimination of related influences, the bond prices will soon return to normal levels.
Pan Gongsheng, Governor of the People’s Bank of China, met with US Treasury Secretary Yellen.
According to the website of the central bank, on April 8, Pan Gongsheng, governor of the People’s Bank of China, met with visiting US Treasury Secretary Yellen and exchanged views on economic and financial issues of common concern between the two countries, such as economic and financial situation, monetary policy, financial stability, sustainable finance and international financial governance. Xuan Chang, Vice Governor of China People’s Bank, was able to attend the meeting.
Li Qiang presided over the symposium of economic situation experts and entrepreneurs.
According to Xinhua News Agency, Li Qiang hosted a forum for economic situation experts and entrepreneurs.
Ministry of Finance: protectionist measures will not help solve the capacity problem.
Vice Minister of Finance Liao Min briefed the media on US Treasury Secretary Yellen’s visit to China and answered questions. Liao Min said that protectionist measures will not help solve the capacity problem. In view of the high enthusiasm for developing emerging industries in some places, China will further make overall planning and guidance at the national level on the premise of fully respecting the laws of the market economy, and the relevant policy orientation is open and clear. It should be emphasized that we resolutely oppose some developed economies to engage in "pan-security" and upgrade green protectionist measures, which will be harmful to themselves and will seriously infringe on the legitimate development rights and interests of China enterprises. China will not sit idly by. In fact, protectionist measures are common in history, but they do not help solve substantive problems. As another article by Bloomberg on April 3 pointed out, the steel protectionist measures adopted by the United States in the past decade have not prevented the reduction of jobs in the US metal manufacturing industry, but also increased the costs in other areas of the US economy and reduced the competitiveness of the industry. If this policy is applied to the new energy industry, it will further weaken the ability of the United States to cope with climate change. (Ministry of Finance website)
Vice Minister of Finance Liao Min briefed the media on US Treasury Secretary Yellen’s visit to China and answered questions.
Ministry of Finance: China and the United States believe that every country has a reasonable need to safeguard national security, but China emphasizes that the concept of "national security" should not be generalized, and the so-called "diversification" should be used as an excuse to impact the normal trade and investment exchanges between the two countries and the world and the stability of the production and supply chain. China has clearly expressed its serious concern about the US sanctions and restrictions on China enterprises, tariff increase and investment restrictions on China, pointing out that these measures harm the legitimate rights and interests of China enterprises and people, and are not conducive to the well-being of American enterprises and people. China welcomes the US statement that it has no intention to seek decoupling from China, and hopes that the US will take concrete actions to stop imposing sanctions on China enterprises. China has fully responded to the problems raised by the US such as overcapacity. (Ministry of Finance website)
The State Press and Publication Administration released the approval information of online games imported in April, and 14 games were approved.
The State Press and Publication Administration released the approval information of online games imported in April, and a total of 14 games were approved, including Tencent’s Rockman 11.
One of the three major Japanese brands will access Huawei Smart Drive? The official responded like this.
A few days ago, it was reported that one of the three major Japanese brands would access Huawei Smart Drive. In this regard, Toyota insiders said that the accuracy of the above news is "not very clear." In addition, the reporter also asked Honda and Nissan for the above-mentioned news about the cooperation with Huawei Zhijia, and both parties said that they "have not received relevant news for the time being". (national business daily)
A transaction of 29,700 yuan will temporarily stop the national debt of 26 billion yuan.
According to the China Securities Journal, 21 Treasury bonds were temporarily suspended in 14 sessions, or related to a transaction. According to the data matching transaction details, at 13:42:46 on April 8, a transaction was concluded at the price of 90 yuan, with a turnover of 33 lots and a transaction amount of 29,700 yuan, so the price of the national debt plummeted by 10%. According to public information, 21 Treasury bonds 14 are 30-year bonds, the listing date is October 20, 2021, the maturity date is October 18, 2051, the issuance scale is 26 billion yuan, coupon rate (current) is 3.53%, the next interest payment date is April 18, and the current balance is 138 billion yuan. This is equivalent to a transaction of 29,700 yuan, which will temporarily stop the national debt of 26 billion yuan. According to industry insiders, a transaction suspended the trading of this national debt, which reflected that the liquidity of this bond was not high, and a few abnormal transactions had a greater impact on the price.
Toyota may cooperate with Huawei to create a smart driving solution.
Tencent News reported on April 7 that Toyota’s global intelligent driving scheme will adopt the tripartite joint scheme mode of "Toyota+Huawei +Momenta". The autonomous driving companies Momenta and Huawei provide software and hardware solutions respectively, and the three parties cooperate and integrate deeply. Supply chain sources told Interface News that in addition to the leading technology of partners in the industry, Huawei’s high awareness in the domestic smart driving market may also be an important reason for Toyota to choose this cooperation model.
Aouita rumored to take over Gaohe Automobile.
On April 8th, some netizens broke the news that Aouita has reached a merger and acquisition agreement with Gaohe. In this regard, the public relations department of Aouita responded to the reporter that the information was not true. (Securities Times)
New changes in Beijing’s housing purchase policy: the housing provident fund is planned to be loaned up to 1.6 million yuan.
Beijing Housing Provident Fund Management Center publicly solicited opinions on the Implementation Measures of Housing Provident Fund Supporting Green Development of Beijing Buildings. Among them, it is proposed that the maximum loan amount of housing provident fund can be raised by 400,000 yuan and the maximum loan amount can not exceed 1.6 million yuan for the purchase of green buildings, prefabricated buildings or ultra-low-energy buildings with two or more stars.
Guangzhou raises the maximum amount of provident fund loans, and the maximum amount of loans for one person is adjusted to 700,000 yuan.
Guangzhou raises the maximum amount of provident fund loans: the maximum amount of loans for one person is adjusted to 700,000 yuan, and the maximum amount of loans for two or more people to purchase the same set of self-occupied housing is adjusted to 1.2 million yuan.
Yellen claimed that aiding Russian-Chinese enterprises will face major consequences, and China responded.
On April 8, in response to US Treasury Secretary Yellen’s warning that Chinese enterprises aiding Russia will face great consequences, Foreign Ministry spokeswoman Mao Ning said that the countries concerned should not attack and discredit the normal state relations between China and Russia, and China will take resolute measures to safeguard their legitimate rights and interests. (The Paper)
The price of Feitian Maotai fell below 2600 yuan/bottle? Liquor analyst: It is normal for demand to decrease in off-season.
According to the Securities Times, recently, terminal dealers rumored that the current transaction price of Feitian Moutai bulk bottles was 2,580 yuan, which fell below 2,600 yuan. In this regard, China wine industry analyst Xiao Zhuqing told reporters that the lack of social purchasing power is a common problem faced by China wine industry. Consumers’ pessimism about future income expectations leads to the direct impact of consumption austerity and consumption downgrade on (), and the reduction of consumption scenarios leads to the reduction of consumption. Xiao Zhuqing believes that after the traditional Spring Festival peak season, it is the traditional off-season of liquor industry, and it is normal for the off-season demand to decrease. However, in order to attract traffic, some online bloggers published some sensational untrue interpretations about the price of Moutai, which also affected the price expectations of terminal store operators. In the long run, the market price is determined by the relationship between supply and demand, and Kweichow Moutai will be in short supply for a long time due to limited production capacity.
Yellen reiterated that he would not decouple from China.
After a five-day visit to China, US Treasury Secretary Yellen held a press conference in Beijing on the afternoon of April 8. She once again said: China and the United States have close economic ties, and decoupling will bring disastrous consequences. (CGTN)
Alibaba Cloud’s overseas markets cut prices across the board, with an average decline of 23%
Alibaba Cloud announced a price cut across the board in overseas markets, covering more than 500 product specifications and core cloud products deployed in 13 regional nodes around the world, with an average drop of 23% and the highest drop of 59%. After the price reduction, Alibaba Cloud now serves more than 5 million customers in more than 200 countries around the world. According to Gartner data, in 2022, Alibaba Cloud ranked third in the world and first in Asia-Pacific. (36Kr)
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[Institutional point of view]
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