Debt-for-equity Swaps
- 940.329
- -13.396-1.40%
Futu Morning Post | South Korea's president announced 'emergency martial law' late at night, stirring up the market; high-performance stocks collectively celebrate after hours! Marvell Technology, salesforce surged more than 10%.
Will the interest rate be cut in December? The Fed's voting members this year are "doing Tai Chi": regardless of cutting or not, interest rates should continue to decline; Nasdaq and S&P hit new highs again! Apple has risen for seven consecutive days to create a new historical high; Palantir rose nearly 7% to create a new historical high again, with the company's cloud computing service receiving a "highly authorized" certification.
3.2 tons of gold were taken away by the drug trafficking group! Zijin Mining Group has exposed the dark side of offshore activities.
"3.2 tons of gold, worth 0.2 billion US dollars, were taken by a drug trafficking group," the news of the "gold robbery case" involving the $400 billion mining giant Zijin Mining Group quickly spread on the Chinese internet, people haven't heard this kind of news for a long time.
Abnormal trading investigation! The big bull stock special treat Jingfeng has been suspended for the first time, with an increase of over 752% in more than four months | Quick read of the announcement.
①*ST Jingfeng suspended trading for the first time this year due to abnormal fluctuations; ② The cumulative deviation of the closing price for two consecutive trading days reached 15.39%; ③ The stock price has increased by 752.78% in the past four months; ④ There is still uncertainty about the highly anticipated pre-restructuring matters.
Brokerage performance in the third quarter is impressive, with 17 companies showing year-on-year positive growth, looking forward to further boost in the fourth quarter.
The arithmetic average of the quarter-on-quarter increase in net profit attributable to the mother of 18 listed brokerages or listed entities in the third quarter was 85%; asset management and proprietary trading are the "mainstays", with average net income growth of 9.32% and 33.84% respectively year-on-year. On October 30th, according to Caixin, the veil of performance of the top three quarters of brokerage firms is being lifted. On October 29th, 9 brokerage firms disclosed their third quarter reports. There are already 18 listed brokerage firms or listed entities that have disclosed their third quarter reports. The arithmetic average of the year-on-year growth rate of net profit attributable to the mother in the first three quarters of the 18 brokerages is 46.17%, with 11 showing positive growth and 7 showing negative growth. The brokerage performance mainly reversed in the third quarter.
Asia Pacific Property Rights Auctioned Again
Most of the equity has been pledged.
[Data Analysis] Institutions sell off German shares worth over 0.4 billion while four powerful speculative forces join hands to grab shares of shenzhen sunline tech.
①PV concept stocks DeYe shares were collectively sold by four institutions for 0.438 billion; PCB concept stock Olympic Circuit Technology was collectively sold by three institutions for 0.523 billion. ②Cross-border payment concept stock Shenzhen Sunline Tech received buying interest from four first-line institutional investors, with a total purchase amount exceeding 0.3 billion.
Concept Dynamics | Caijing Community's thematic library adds the concept of "debt-to-equity swap"
The State Council Information Office held a press conference on October 12, 2024. Minister of Finance Lan Fo'an stated that plans to significantly increase the debt limit at one time, replace the local government's existing hidden debts, and increase support to help local governments resolve debt risks. Overview of debt restructuring concept stocks.
This year's first increase! Inner Mongolia Baotou Steel Union Q4 rare earth concentrate price increase may exceed 6%, analysis: driven by the upward movement of price cycle | Quick read announcement
①Following the continuous "hanging" of the rare earth product listing price in September and October by China Northern Rare Earth, Inner Mongolia Baotou Steel Union has also announced an increase in the rare earth concentrate trade price for the fourth quarter of this year; ②It is worth noting that this is the first time Inner Mongolia Baotou Steel Union has increased the rare earth concentrate trade price since the beginning of this year; ③Due to the rise in neodymium praseodymium oxide prices in the third quarter, the industry has expectations for the price increase of the rare earth concentrate of Inner Mongolia Baotou Steel Union in the fourth quarter.
Brokerages need a bull market more than individual investors.
This National Day holiday is somewhat unusual, with the A-share market experiencing an unprecedented surge before the festival, making countless people restless, hoping for the first time not to take a break and to open the market quickly.
Witness history! The sse composite index surged by 10%! All A-share brokerages hit the limit up! Semiconductors almost all hit the limit up.
After the National Day holiday, the A-share king is back!
Bull market resurgence in 2015? Morgan Stanley: Another 2-3 trillion retail investors' funds may enter the market
According to Daiwa's estimation, if retail investors' sentiment remains high, as much as 2-3 trillion RMB in China's household financial assets will be reallocated to the stock market. As long as the momentum is strong enough, brokerage stocks are expected to rise by another 30%, and roe may rebound to around 13%.
Brokerage stocks continued to soar in the afternoon! Chinese brokerage sector rose by over 12%, with China Merchants and other individual stocks hitting new highs.
As of around 3 p.m., the Chinese brokerage index rose by 11%, hitting a new historical high. China Merchants Securities and China International Capital Corporation surged by over 20%, csc rose by 17%, Orient Securities rose by over 15%, Guolian Securities rose by over 11%, Everbright Securities rose by over 10%, and Gf Sec rose by over 8%.
Major shareholder changes! Anhui Xinli Finance's 23.60% equity is about to change hands. After returning to profit, the company's performance is once again experiencing a double-digit decrease.
① Shareholder 'Xinli Kechuang' of Anhui Xinli Finance intends to transfer all of its approximately 0.121 billion shares to Huilong Investment, while the actual controlling shareholder remains Anhui Province Supply and Marketing Cooperative Union. ② This adjustment may be made by the controlling shareholder in order to optimize internal resource allocation, with revenue and net income of Anhui Xinli Finance declining by 11.93% and 23.42% respectively in the first half of the year.
The State Council meeting promotes a virtuous cycle in the venture capital industry, and the sector is expected to seize the opportunity.
On September 18th, the executive meeting of the State Council pointed out that venture capital is related to technological innovation, industrial upgrading, and high-quality development. It is necessary to quickly resolve the bottlenecks and difficulties in the various stages of fundraising, investment management, and withdrawal, support eligible technology-based enterprises to list both domestically and internationally, vigorously develop the equity transfer and mergers and acquisitions market, and promote a healthy cycle in the venture capital industry.
The list of A-share central state-owned enterprises that will disclose the progress of mergers and reorganizations in the second half of the year is here, with the reorganization of central state-owned enterprises in full swing.
1. State-owned enterprises are undergoing a series of major restructuring and integrations, with "Chinese Divine Ship" and "Chinese Divine Lake" setting sail successively; 2. According to Wind data, since the second half of the year, there have been 8 A-share listed state-owned enterprises that have disclosed progress in mergers and acquisitions and restructuring, excluding failed restructurings and transferors, including China Tungsten and High-Tech Materials, Shenyang Machine Tool, China Resources Sanjiu, etc.; 3. The popular stock of state-owned enterprise reform, Baoding Tianwei Baobian Electric, closed with a record of 10 consecutive daily limit up on Friday.
Jiangsu Provincial Data Group unveiled, institutions said that the annual growth rate of the data industry is expected to exceed 20%.
①According to media reports, recently, Jiangsu Data Group Co., Ltd. was established with a registered capital of 3 billion yuan. The company is jointly owned by Jiangsu Communications Holdings Co., Ltd., Jiangsu Broadcasting Cable Information Network Corporation, etc. ②Huachuang Securities analysis said that the development of the data industry has achieved significant results, and the CAGR (Compound Annual Growth Rate) is expected to maintain above 20% in the next few years.
Aluminum Corporation of China: It is expected that the prices of electrolytic aluminum and alumina will remain high in the second half of the year | A glimpse of the earnings conference
①Ge Xiaolei, the CFO and secretary of the board of directors, holds a relatively optimistic attitude towards the future market of electrolytic aluminum and alumina; ②Recently, there has been a change in leadership at Aluminum Corporation of China, and the industrial and commercial change has been completed.
After the change of the controlling shareholder, Nanjing Iron & Steel released its first 'mid-term report card', which shows a performance growth of over 20% against the trend. | Interpretations
In the first half of the year, Nanjing Iron & Steel achieved a net profit attributable to shareholders of RMB 1.233 billion, a year-on-year increase of 24.70%; The company plans to distribute a cash dividend of RMB 1.00 per 10 shares for the first half of the year, with a total dividend of RMB 0.617 billion. Apart from maintaining a high level of profitability in the steel business, Nanjing Iron & Steel has also contributed significantly to other income growth in the first half of this year. In addition, both management expenses and staff salaries have seen a year-on-year decrease.
Mid-day overview | All three major indices collectively rose by over 1%, with jd.com leading the network technology stocks with a rise of over 7%, while Alibaba rose by about 3% after its earnings announcement.
Most of the network technology stocks rose, JD.com rose more than 7%, Baidu rose more than 3%, Alibaba rose nearly 3%, Meituan rose more than 2%, and Tencent rose more than 1%.
Hong Kong, Macao, and foreign tourist groups can enjoy a 144-hour visa-free entry to hainan, which can help boost consumer return and promote the recovery of related enterprises' performance.
The National Immigration Administration has announced the implementation of a 144-hour visa-free policy for foreign tourist groups entering Hainan from Hong Kong and Macao starting July 30, 2024. According to data from Ctrip's overseas platform, inbound tourism orders to Hainan Province have increased by 84% year-on-year, with hotel and airline orders increasing nearly 80%.