The State-owned Assets Supervision and Administration Commission, together with the National Development and Reform Commission, jointly introduced a significant venture capital policy, and the equity market is expected to usher in a period of development
1. The State-owned Assets Supervision and Administration Commission of the State Council and the National Development and Reform Commission jointly introduced policy measures to promote the high-quality development of central enterprises' venture capital funds, support central enterprises in initiating the establishment of venture capital funds, focusing on early-stage, small-scale, long-term, and hard technology investments. 2. Citic Sec research reports pointed out that, against the backdrop of entering a valuation expansion cycle in the secondary market, as the linkage effects between the primary and secondary markets become increasingly close, the equity market will also move towards a period of high-quality development and prosperity.
Is the actual controller taking stock of his own stock? The chairman of RheinBio plans to be banned from the market for 5 years
① RheinBio announced yesterday that Qin Benjun, the chairman of the company, which was investigated by the Securities Regulatory Commission in May of last year for allegedly manipulating the securities market, has received an advance notice of administrative penalties. ② Qin Benjun will be fined more than 2.07 million for using private equity products to “sit down” on his own stocks, and the Securities Regulatory Commission plans to ban him from entering the market for 5 years. ③ This is not good news for RheinBio, whose net profit was already “declining” last year.
In the troubled industry cycle, Jinhe Industrial's net profit is estimated to be reduced by nearly 60%, and the price decline of major products has not stopped this year
① Jinhe Industrial expects net profit to drop by nearly 60% year-on-year in 2023, mainly due to the decline in sales prices of major products due to the impact of the industry cycle and market competition. ② The expansion of production capacity for food additives in recent years has led to oversupply, and overseas demand falls short of expectations. Prices of various varieties fell all the way down last year, but this year they are still declining. ③ Jinhe Industrial is still promoting a series of projects to expand the scale effect and extend the industrial chain.
Can restructuring “change lives”? The pre-profit growth of Red Cotton Co., Ltd. attracted attention
① Red Cotton Co., Ltd. revealed its 2023 results tonight. It is expected to turn a year-on-year loss into a profit. This is also the first annual report card of Guangzhou Langqi after going through asset restructuring and name change. ② The capital market is very concerned about the future growth of its food and beverage business.
The National Health and Health Commission suggests getting the influenza vaccine as soon as possible, and sorting out China's influenza vaccine market pattern and enterprises
① At present, influenza vaccines from several domestic manufacturers have been approved for the market, of which 11 manufacturers have supplied them during the 2022-2023 influenza season; ② The Zhongtai Securities Research Report points out that with the arrival of the influenza season, it is recommended to pay attention to investment opportunities for relevant testing, vaccine and drug companies.
The upstarts at the “New Medicine King” ball
GLP-1, the “magic medicine for weight loss,” is a veritable “gold mine”, and behind it, China's two core industrial chains are actually hidden, and it is expected to become the biggest beneficiary of China's GLP-1 Dongfeng.