2024-09-30
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on september 30, the trading volume of a-shares continued to increase, and the trading volume of the two cities exceeded 2.6 trillion yuan, setting a new historical record.
on the morning of the 30th, stimulated by the intensive positive news over the weekend, a-shares opened sharply higher across the board. the shanghai composite index quickly exceeded 3,300 points, and the shenzhen composite component index exceeded the 10,000-point mark, both hitting new highs in more than a year. as of the close, the shenzhen component index rose by more than 10%, the shanghai composite index rose by 8%, and the chinext index rose by more than 15%. over 5,300 stocks in the two cities rose, only 8 stocks fell, and more than 700 stocks reached their daily limit. the science and technology innovation 50 index soared by more than 17%, and the beijing securities 50 index rose by more than 22%, both achieving their highest single-day gains in history.
as a market indicator, except for the suspended brokerage stocks, the other brokerage stocks all rose to the limit during the session. among them, the turnover of oriental fortune exceeded 30 billion yuan, and the turnover of citic securities exceeded 10 billion yuan.
with the hot market, some netizens lamented that "the market has become a monster", while others said that it really made investors "celebrate the national day". a large number of investors poured into securities companies, which once again caused the software of many securities companies to crash.
according to the financial associated press, reporters have recently learned that some local securities regulatory bureaus have successively issued notices to securities firms to strengthen the security of securities and futures industry networks and information systems. among them, it is required that securities companies can increase stress testing of information systems based on business changes.the order throughput rate, peak transaction throughput rate and other indicators of important information systems should be more than three times the historical peak, and the relevant network bandwidth during trading periods should be more than twice the peak usage in the past year.. it is necessary to strengthen the analysis and judgment of market transaction volume, ensure that important information systems have sufficient performance capacity, and prevent possible impacts on the safe operation of information systems during peak business periods. if it is discovered that the information system and network capacity is insufficient, disposal measures such as system upgrades and capacity expansion should be taken promptly to ensure that the system performance and capacity are sufficient and effectively meet the actual needs of the business. if a sudden cybersecurity incident occurs, effective measures need to be taken immediately to properly carry out technical recovery, business guidance, investor comfort, etc.
fund managerreason: the market’s upward space is expected to further open up
be wary of shocks and pullbacks after short-term sentiment
according to reports from brokerage china, many well-known fund managers have also made a rare collective statement recently and publicly conveyed optimistic signals to the outside world.
for example, du meng, deputy general manager and investment director of j.p. morgan asset management china, said that a series of recent meetings reflect the government’s emphasis on the economy and capital market, and investors are beginning to look forward to the implementation of more targeted and effective policies. investment the mood gradually recovered.
he believes that the early stage of the market often shows the characteristics of a highly elastic oversold rebound. over a long period of time, high-quality companies may show sustainable upward space, and changes in sentiment may push the market to gradually return from excessive pessimism in the early stage. with a relatively rational pricing framework, outstanding companies whose early valuations are already at a relatively bottom level may gradually see their value recover.
jin zicai, deputy general manager and equity investment director of caitong fund, said more clearly that as decision-makers actively respond to concerns and consolidate confidence, the market's upward space is expected to further open up.
he believes that after this policy shift, residential mortgage interest rates will be reduced, and the suppressive effect of early loan repayment on consumption is expected to be significantly alleviated; the availability of fiscal expenditure funds will also help the advancement of local projects; and the promotion of the real estate market to stop falling and stabilize will also start from expectations and funding support the recovery of the real estate market. next, the positive sentiment in the equity market may continue to be released and gradually enter the verification stage of policy effects. in the next step, the scale of incremental fiscal policy may be the next important node. we must focus on the recovery of market confidence in the process of policy refinement and its impact on the industrial level, and actively grasp the recovery of market confidence and economic fundamentals in the future. window period for marginal changes.
“the policy bottom has appeared and the capital market has thawed, but whether we can usher in a prosperous spring and summer depends on the actual effect of subsequent policy implementation.when everyone in the subway or elevator is discussing stocks, it’s hard not to be overwhelmed by emotions. however, we still advise everyone in internal meetings to be rational and be wary of short-term emotional shocks.. "a fund manager told reporters.
the actual controller of yinzhijie announced two weeks ago that it would reduce its holdings by 350 million yuan.
the current market value is 1.6 billion yuan, and the "takeover" boss has a floating profit of 1.27 billion yuan
on the last trading day before the national day, yinzhijie accelerated its rise and hit the daily limit at the opening. the stock price closed at 32.81 yuan, a cumulative increase of more than 280% from september 19.
on the evening of september 18, yinzhijie announced that the controlling shareholders and actual controllers zhang xuejun, chen xiangjun, and li jun planned to transfer 49.462 million shares of the company they hold to zhuo haihang, the founder of "kaibaila", through an agreement transfer without any sale. the tradable shares account for 7.00% of the total share capital, and the transfer price of the underlying shares is 7.05 yuan/share.discount about 20%,the total price of the share transfer is approximately 349 million yuan。
since then, yinzhijie’s stock price has started to rise. by september 30,the value of the above-mentioned equity has increased from 349 million yuan to 1.623 billion yuan., if the transfer is successfully completed,zhuo haihangze has a floating profit of 1.27 billion yuan。
however, the rapid appreciation of the above-mentioned equity interests also adds uncertainty to the transfer. according to 21st century business herald, a reporter called yin zhijie and relevant people responded:the equity transfer matter is still in progress., any changes will be disclosed in accordance with the law. the person also added that he was not aware of the specific progress of the equity transfer. the reporter recently contacted kaipanla to interview zhuo haihang, but as of press time, no response had been received.
according to previous reports from the financial associated press, reporters learned about yinzhijie. relevant company personnel said that zhuo haihang's investment in yinzhijie was mainly due to his optimism about the company's future development prospects. as for whether there will be strategic cooperation in the future, it may be necessary to wait until zhuo hna becomes a shareholder of the company before the two parties can communicate on the business development and synergy of the two companies.
since 2019, the three actual controllers of yinzhijie have reduced their holdings by 42.89 million shares in five years, cashing out approximately 500 million yuan. this intensive period of reduction occurs after the end of 2021. this was also the starting point when the company's performance began to suffer continuous losses. from 2021 to 2023, yinzhijie's net profits attributable to its parent company will be losses of 283 million yuan, 122 million yuan, and 117 million yuan respectively. the latest 2024 semi-annual report shows that the company's performance continues to decline. in the first half of the year, the net profit attributable to the parent company was a loss of 50 million yuan, a year-on-year decrease of 83%. calculated, in the past three and a half years, yin zhijie’s net profit has accumulated a total loss of 572 million yuan.
source: flush ifind
yinzhijie was listed on the gem in may 2010. it is an enterprise that provides comprehensive innovative financial technology services to financial institutions, internet financial companies, and individual consumers. its main business includes financial information services, mobile information services, and electronic services. three major business areas of commerce. its core business is financial technology services. its main products include financial special equipment products including intelligent seal control machines, intelligent printing and counterfeiting batch stamping machines, bill image exchange business processing systems, bank-enterprise reconciliation centralized processing systems, and seal management systems. , remote image authorization management system, etc. in its financial report for the first half of this year, yinzhijie said that during the reporting period, affected by the industry market environment and the reduction in procurement budgets of some bank customers, the company's financial information technology business achieved operating income of 42.408 million yuan, a decrease of 40.25% from the same period last year.
(this article does not constitute investment advice, please operate at your own risk)