news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

driven by a number of positive news, the a-share and hong kong stock markets performed strongly this morning.

on the morning of september 24, a-shares opened sharply higher, fluctuated and adjusted during the session, and then rose strongly again after 10:30. the shanghai composite index and shenzhen component index rose by more than 2%, with the shanghai composite index standing above 2,800 points, and the chinext index rose by more than 3%. in terms of individual stocks, many strong stocks continued to rise by the daily limit, but some strong stocks also staged a "ceiling and floor" within 2 minutes.

the hong kong stock market also performed strongly in the morning, with the hang seng index and hang seng tech index both rising by more than 3% during the session and the financial sector rising sharply.

in addition, as of press time, the ftse china a50 index futures also expanded their gains to more than 3%.

on the news front, today, the state council information office held a press conference on september 24. pan gongsheng, governor of the people's bank of china, li yunze, director of the state financial supervision and administration bureau, and wu qing, chairman of the china securities regulatory commission, introduced the relevant situation of financial support for high-quality economic development and answered questions from reporters. after the meeting, pan gongsheng answered questions from securities times reporters and said that the stabilization fund is under study!

a-shares exploded, with the financial sector pulling up sharply during trading

the a-share market as a whole rose this morning, with major indexes all seeing a strong rise after 10:30. as of press time, the shanghai composite index stood above 2,800 points during the session, having previously achieved four consecutive increases. the shenzhen component index and the chinext index also rose to varying degrees.

in terms of sectors, most sectors rose, led by large financial sectors. among them, diversified financial sector had the largest gains. many stocks including hyde holdings, avic industrial finance, cofco capital, xiangyi rongtong, hongye futures, and xinli financial hit the daily limit during the session.

the brokerage sector pulled up sharply during the trading session, with tianfeng securities quickly rising to its daily limit, while jinlong holdings and guosheng financial holdings both rose strongly during the trading session.

the banking sector also strengthened significantly, with changshu bank, bank of communications and china construction bank leading the intraday gains.

the steel sector led the gains, with an intraday increase of more than 4%. zhongnan shares, anyang iron and steel and other stocks hit the daily limit. the environmental protection sector led the gains, with shenwu clean energy, dongjiang environmental protection, and zhongzai capital environment hitting the daily limit. the performance of the home appliance and automobile sectors was relatively weak. there was a clear differentiation among individual stocks in the real estate sector.

on the news front, at today's "one bank, one commission, one bureau" press conference, pan gongsheng announced a number of incremental monetary policies: first, lowering the deposit reserve ratio and policy interest rate. in the near future, the deposit reserve ratio will be lowered by 0.5 percentage points, providing about 1 trillion yuan of long-term liquidity to the financial market; this year, the deposit reserve ratio may be further lowered at an appropriate time depending on the market liquidity situation. the central bank's policy interest rate will be lowered, and the 7-day reverse repurchase operation rate will be lowered by 0.2 percentage points from the current 1.7% to 1.5%, guiding the loan market quotation rate and deposit interest rate to decline simultaneously, and maintaining the stability of the net interest margin of commercial banks.

second, reduce the interest rates of existing mortgages and unify the minimum down payment ratio for mortgages. guide commercial banks to reduce the interest rates of existing mortgages to near the interest rates of newly issued mortgages, with an estimated average reduction of about 0.5 percentage points. unify the minimum down payment ratios for first and second mortgages, that is, reduce the minimum down payment ratio for second mortgages from 25% to 15%. increase the central bank's funding support ratio from 60% to 100% for the 300 billion yuan of affordable housing refinancing created by the people's bank of china in may, and enhance market-oriented incentives for banks and acquisition entities. extend the two policies of commercial property loans due at the end of the year and the extension of existing financing under the "16 financial measures" to the end of 2026.

third, new monetary policy tools will be created to support the stable development of the stock market. securities, funds and insurance companies will be swapped to support eligible securities, funds and insurance companies to obtain liquidity from the central bank through asset pledges, which will greatly enhance their ability to obtain funds and increase stock holdings. special re-loans for stock repurchase and increase holdings will be created to guide banks to provide loans to listed companies and major shareholders to support the repurchase and increase of stock holdings.

in addition, pan gongsheng also responded to questions from securities times reporters after the meeting. regarding the establishment of a stabilization fund, pan gongsheng said that it was under study.

many strong stocks continued to hit the daily limit, and some strong stocks hit the daily limit within 2 minutes.

in terms of individual stocks, many strong stocks continued to hit the daily limit in the morning.

hytera's stock price hit the daily limit again during trading, marking the fourth consecutive trading day that the stock has hit the daily limit.

hytera released an announcement of abnormal stock trading fluctuations last night, saying that the company has made relevant explanations in its regular reports and investor relations activity records regarding the expansion of the company's middle east business, which has attracted much attention from investors recently. now, it is explained again as follows: the company is a leading global provider of dedicated communication equipment and solutions. adhering to the corporate mission of making the world more efficient and safer, it has more than 90 branches around the world, and its sales and service network covers more than 120 countries and regions. in recent years, the company has continued to strengthen its business layout in emerging market countries such as the middle east, south asia, latin america, africa, and the "belt and road" region. in the first half of the year, in the face of business opportunities in the middle east, the company further increased its market layout in the region and the promotion of its overseas brands to promote business expansion in the middle east. the company also reminds investors that there is uncertainty in the progress of the expansion of new markets, and the impact on the company's performance remains to be observed. investors are advised to make decisions prudently and pay attention to investment risks.

shuangcheng pharmaceutical's stock price hit the daily limit again during trading, marking the ninth consecutive trading day that the stock has hit the daily limit.

shuangcheng pharmaceutical issued an announcement on abnormal stock trading fluctuations last night, saying that the company is planning a major asset reorganization. on september 10, 2024, the company held the 15th meeting of the 5th board of directors and the 14th meeting of the 5th board of supervisors to review the "proposal on the company's issuance of shares and payment of cash to purchase assets and raise supporting funds and related transaction plan" and other proposals related to this transaction. the company intends to purchase 100% of the shares of ningbo aura semiconductor co., ltd. held by 25 counterparties, including hong kong aura investment co., ltd. and win aiming limited, by issuing shares and paying cash, and intends to issue shares to no more than 35 specific investors to raise supporting funds (hereinafter referred to as "this transaction"). this transaction is expected to constitute a related transaction, a major asset reorganization, and does not constitute a reorganization listing.

the announcement stated that, except for the above matters, the company and its controlling shareholder and actual controller have no major matters that should be disclosed but have not been disclosed.

however, there are a few strong stocks that opened the daily limit during the trading session. for example, baobian electric's stock price quickly plunged after the daily limit was "exploded" during the trading session. in 2 minutes, the stock price went from the daily limit to the daily limit, showing a "ceiling and floor" trend.

hong kong stock market continues to rise as financial stocks surge

the hong kong stock market continued to rise in the morning, with the hang seng index and hang seng tech index both rising by more than 3%.

the financial sector surged, with hong kong stocks of companies such as china merchants bank, china pacific insurance, and bank of communications all rising by more than 4% during the session, and hong kong stocks of companies such as ping an of china, china cinda asset management, and citic securities all rising by more than 3% during the session.

among the stocks that fluctuated sharply in the hong kong stock market, miniso's intraday decline once reached nearly 40%, before narrowing the decline.

on the news front, yonghui superstores announced last night that its shareholders, dairy farm co., ltd., beijing jingdong century trading co., ltd. (hereinafter referred to as "jingdong world trade") and suqian hanbang investment management co., ltd. (jingdong world trade's concerted action party), intend to transfer their holdings of yonghui superstores co., ltd. (hereinafter referred to as "yonghui superstores" or "the company") to guangdong juncai international trading co., ltd. (hereinafter referred to as "juncai international") through an agreement transfer, accounting for 21.08%, 4.05% and 4.27% of the company's total share capital, respectively. after the completion of this transaction, the company's largest shareholder will be changed to juncai international, which will hold a total of 29.40% of the company's shares. the announcement stated that juncai international and its actual controlling party, miniso, will work with yonghui superstores to transform to a quality retail model.

it is worth noting that yonghui supermarket’s a-share price hit the daily limit during morning trading.