01/ Morning introduction of Asian business investment consultants
1. State-owned Assets Supervision and Administration Commission of the State Council: Accelerate the development of strategic emerging industries and future industries
2. The new energy vehicle purchase tax reduction policy is extended to the end of 2027
3. China Securities Regulatory Commission: Publish the latest "white list" of securities companies
4. In June, the domestic game version number was announced, and 89 games were approved
02/ News Breakfast of Asia Business Investment Consultant
// Spotlight //
1. The State-owned Assets Supervision and Administration Commission held an enlarged meeting. The meeting emphasized that it is necessary to accelerate the development of strategic emerging industries and future industries, support central enterprises to lead the establishment of more innovation consortiums, increase the layout of key technologies and the integration and innovation of the entire chain, and promote basic research, The integrated development of the whole chain of applied research and industrialization will create a number of world-class strategic emerging industrial clusters.
2. The three departments jointly issued an announcement on the continuation and optimization of the new energy vehicle purchase tax reduction and exemption policy. New energy vehicles with a purchase date between January 1, 2024 and December 31, 2025 are exempt from vehicle purchase tax. Among them, the tax exemption for each new energy passenger vehicle does not exceed 30,000 yuan; From January 1, 2027 to December 31, 2027, the vehicle purchase tax will be halved for new energy vehicles. Among them, the tax reduction for each new energy passenger vehicle will not exceed 15,000 yuan.
3. Xin Guobin, deputy minister of the Ministry of Industry and Information Technology, said that the pilot program of intelligent networked vehicle access and on-road traffic will be launched, and the city-level "vehicle-road-cloud integration" demonstration application will be organized to support conditional autonomous driving. This is about L3 level, and Commercial application of higher-level autonomous driving functions. The work has already started, and localities are responding positively. I believe that in the near future, more intelligent products will be on the road.
4. China Securities Regulatory Commission: Announced the latest "white list" of securities companies, with a total of 31 companies on the list. Compared with the "white list" released in June 2022, this round of white list has added 1 brokerage firm, and a total of 31 brokerage firms have been selected into the "whitelist". Specifically, 5 new companies, Orient Securities, Orient Fortune, Guolian Securities, Caitong Securities, and Western Securities, were added, and 4 securities companies that did not meet the whitelist standards were called out at the same time.
5. The National Press and Publication Administration released the approval information for domestic online games in June 2023, and a total of 89 games were approved. Games such as "Summon Knights", "Island and Factory" under Zhongqingbao, and "Sixteen Tones of Yanyun" under NetEase are listed.
// Global Market //
1. U.S. stocks: On June 23, Eastern Time, the Dow Jones Index closed down 0.65% to 33727.43 points; the Nasdaq Index closed down 1.01% to 13492.52 points; the S&P 500 Index closed down 0.77% to 4348.33 points.
2. European stocks: On June 23, the British FTSE 100 index closed down 0.54% to 7461.87 points. The German DAX30 index closed down 0.99% at 15829.94 points. The French CAC40 index closed down 0.55% at 7163.42 points.
3. Crude oil: On June 23, Eastern Time, WTI crude oil futures closed down 0.5% at US$69.16/barrel; Brent crude oil futures closed down 0.39% at US$73.85/barrel.
// Macro //
1. On the afternoon of June 22 local time, Premier Li Qiang met with French President Emmanuel Macron at the Elysee Palace in Paris. Li Qiang pointed out that China, France, and China and Europe each have their own advantages, and they should further strengthen cooperation. While deepening cooperation in traditional fields such as nuclear energy and aerospace, they should also tap the potential for cooperation in emerging fields such as environmental protection, digital economy, artificial intelligence, and advanced manufacturing, so as to achieve mutual benefit and win-win cooperation. win.
2. Premier Li Qiang of the State Council paid an official visit to Germany from June 18 to 21 and held the seventh round of Sino-German government consultations. During the consultation, the two sides achieved a series of important results, including continuing to deepen cooperation in the fields of economy and trade, investment, automobile manufacturing, high technology, new energy, digital economy, and people-to-people and cultural exchanges, strengthening exchanges at all levels and in various fields, conducting diplomatic consultations and dialogues, and jointly responding to global challenge.
3. In response to the U.S. arrest and prosecution of Chinese citizens and companies related to fentanyl, the spokesperson of the Ministry of Foreign Affairs stated that U.S. law enforcement officers used "fishing and law enforcement" to trap Chinese citizens in a third country and blatantly prosecuted Chinese entities and individuals again. The typical arbitrary detention and unilateral sanctions are completely illegal and seriously damage the basic human rights of Chinese citizens and the interests of Chinese companies. China strongly condemns this and has lodged solemn representations and strong protests with the US.
4. When answering reporters' questions about the Wagner Group incident, the spokesperson of the Ministry of Foreign Affairs said that this is Russia's internal affairs. As a friendly neighbor and a comprehensive strategic partner of coordination in the new era, China supports Russia in maintaining national stability and achieving development and prosperity.
5. At present, there are more than 40,000 social organizations in the field of science and technology nationwide. In 2022, national science and technology academic associations held more than 7,000 academic seminars and participated in more than 1,000 international exchange activities. Social organizations in the field of science and technology carried out in-depth discipline construction and talent development, actively promoted academic exchanges, and promoted technological innovation. An important social force in a technologically powerful country.
6. In the 20 years since the signing of the "Mainland and Hong Kong Closer Economic Partnership Arrangement" (CEPA), the value of the mainland's imports of goods originating in Hong Kong has increased from 860 million yuan in the first year of implementation to 7.79 billion yuan in 2022, an increase of 8.1 times. Among them, the value of goods imported through the Shenzhen customs area accounted for nearly 30%, ranking first in the country. Nearly 9,000 kinds of goods produced in Hong Kong have enjoyed zero import tariffs.
7. The 2023 Shandong Summer Consumption Season, jointly sponsored by China Central Radio and Television and the Shandong Provincial People's Government, was launched in Yantai on June 20. This consumption season will hold more than 50 consumption-promoting activities. The whole province of Shandong will issue more than 100 million yuan of consumption vouchers, and major financial institutions will also launch matching 110 million yuan payment discounts. It is estimated that more than 40,000 enterprises and merchants will participate in the activities.
// Industry //
1. Recently issued the "Industrial Internet Special Working Group 2023 Work Plan". Among them, it is proposed to formulate and implement the "5G+Industrial Internet" 512 upgraded version of the work plan. Promote no less than 3,000 companies to build 5G factories, build no less than 300 5G factories, create 30 pilot benchmarks, publish the first batch of 5G factory directories, and compile a collection of typical cases. Improve the "5G+Industrial Internet" development management platform, implement 5G factory storage, and continue to track the progress of the project.
2. During the Dragon Boat Festival holiday in 2023, the cultural and tourism industries will recover strongly, and the national holiday market will be generally safe and orderly. According to comprehensive calculations by the data center of the Ministry of Culture and Tourism, there were 106 million domestic tourist trips nationwide, a year-on-year increase of 32.3%, which recovered to 112.8% of the same period in 2019 on a comparable basis; domestic tourism revenue was 37.31 billion yuan, a year-on-year increase of 44.5%, and a comparable The caliber recovered to 94.9% of the same period in 2019.
3. The bulk commodity spot clearing business of Interbank Market Clearing House Co., Ltd. will launch the digital RMB clearing and settlement service on June 26, 2023 and adjust the operating hours to 9:00-18:00 on weekdays. In order to reflect the design concept of digital renminbi inclusive finance, the digital currency clearing and settlement service is temporarily free of charge.
4. In June, retail sales of passenger vehicles in the narrow sense are expected to be 1.83 million units, a month-on-month increase of 5.2%, affected by the high base after the unblocking of many cities in the same period last year, and a year-on-year -5.9%; of which about 670,000 new energy retail sales, a month-on-month increase of 15.5%, year-on-year An increase of 26.0%, the penetration rate is about 36.6%.
5. The National Procurement Alliance of Chinese Proprietary Medicines will be selected for its centralized procurement with volume, and the results will be released. A total of 86 companies and 95 quotation representatives participated in the on-site competition. 63 companies and 68 quotation representative products were selected, the selection rate reached 71.6%, and the average decline of selected varieties was 49.36%. The selected products have complete dosage forms and specifications, and most of the mainstream products currently used in clinical practice are selected, which can effectively meet the needs of clinical medication.
6. Since the beginning of this year, the prices of Chinese herbal medicines have generally risen, and multi-flavored Chinese herbal medicines have broken the price ceiling. Many people in the industry said that they are going through the "most magical year" in history, and the "bull market" of Chinese herbal medicines may have arrived. Experts said that the price of Chinese medicinal materials has been rising all the way, and the reasons for the price increase may vary. Weather, land rent, labor, output, and external capital intervention are all important factors affecting the supply and price of Chinese medicinal materials.
03/ Subscription for new shares of Asia business investment consultant
New shares (including Beijing Stock Exchange): Longway, Huaxin Waterhouse Coopers
New convertible bonds: none
IPOs on Monday: None
Convertible bonds listed on Monday: None
Reference materials: Financial Associated Press, Wind Information
Shanghai Asia Business Investment Consulting Co., Ltd. (referred to as Asia Business Investment Consulting), established in 1994, is a securities investment consulting agency licensed by the China Securities Regulatory Commission (license number: ZX0072).
In the course of more than 20 years of development, Asia Business Investment Consulting has grown along with the development of China's capital market. In the future, Asia Business Investment Consulting will continue to stay true to its original aspiration and keep its mission firmly in mind to build a financial service institution recognized, trusted and respected by investors.
Disclaimer: This page is based on public data, and the content is for learning and reference only, and does not constitute investment advice. Investors should choose carefully, make decisions independently, and bear their own risks. Investment is risky, and you need to be cautious when entering the market.