1、8月,财新中国服务业PMI 52.1,环比上升0.4个百分点;财新综合PMI 51.8,环比下降0.1个百分点。财新智库莫尼塔点评称,8月整体经济继续扩张,但制造业和服务业PMI再次出现此消彼长的现象。后期中国经济下行压力不减,政策托底依然不能放松。
In August, Caixin China's services sector PMI was 52.1, a sequential increase of 0.4 percentage points; Caixin composite PMI was 51.8, a sequential decline of 0.1 percentage points. CEBM commented that the overall economy continued to expand in August, but the shift phenomenon in the manufacturing and services PMI occurs again. Chinese economic downward pressure in later stage will be unabated, the policy underpinning still can not be relaxed.
2、21世纪经济报道消息,房地产企业手中大约1.5万亿资金犹如高悬的“堰塞湖”,为其疏导出合理的归宿是下一步需要考量的重点。业内人士称,高价地的扎堆出现,以及新增贷款持续进入楼市,正在警示市场风险的存在。政策层面的控制,则有可能使这些风险在明后年集中显现。
21st Century Business Herald news, about 1.5 trillion yuan of funds in the hands of real estate companies are like a hanging "quake lake", to dredge its logical destination is the focus of next step consideration. Industry insiders said that the cluster of high priced lands and new loans continuously entering the property market are warning of market risks. Policy level control is possible to make these risks intensively appear in the next two years.
3、国信证券认为,G20维稳窗口之后市场关注点将重回政策取向和基本面,风险偏好料下行,股市波动恐加大。建议关注受大宗商品价格回升、供给侧改革推进影响的煤炭、钢铁、建材等传统周期行业;受PPP模式推进影响的建筑、园林、环保等行业;行业景气度回升,盈利持续改善的细分子行业,如造纸、汽车零部件、电子元器件等。
GUOSEN SECURITIES believes that after the maintenance of window stability during G20 summit, the market focuses will return to policy orientation and fundamentals, the risk appetite is expected to be downwards, the stock market volatility may increase. It is recommended to pay close attention to coal, steel, building materials and other traditional cyclical industries that are affected by bulk commodity price rise and the advance of reforms of the supply front; architecture, landscape, environmental protection and other industries that are affected by the PPP model promotion; and papermaking, auto parts, electronic components and other subdivided industries that have industry boom recovery and continuous improvement in profitability.
4、中证网消息,央行和外汇局发布人民币合格境外机构投资者境内证券投资管理有关问题的通知。通知明确人民币合格投资者基础额度标准。通知指出,外汇局对单家人民币合格投资者投资额度实行备案或审批管理。
China Securities Journal online news, THE PEOPLE’S BANK OF CHINA (PBC) and State Administration of Foreign Exchange (SAFE) issued a notice of relevant issues about the domestic securities investment management by qualified foreign institutional investors (QFII). The notice clarifies the standard of the RMB QFII quota basis. The notice points out that the SAFE will adopt a registration or examination and approval administration over individual RMB QFII’s investment quota.
5、中证报消息,A股市场的持续低迷,正在加速资管行业的分化。一方面,权益类产品遇冬,而量化、固收类产品却备受追捧。另一方面,在委外资金等机构投资者的涌入下,行业内两极分化更加明显,大公司被继续催肥,小公司却挣扎在盈亏边缘。
China Securities Journal news, the continued downturn in the A-share market is accelerating the differentiation of asset management industry. On one hand, equity products encounter winter, and quantified, fixed income products are highly sought after. On the other hand, with the influx of outsourcing capital and other institutional investors, the industry shows more obvious polarization, large companies continue to fatten, but small companies struggle on the edge of breaking even with the profit and loss.
6、经济参考报消息,据中国铁路总公司上半年审计报告显示,铁路基建投资完成2646亿元,完成全年投资目标的43%,这意味着下半年还要完成3454亿元。业内人士表示,相比去年,今年的铁路建设稍显迟缓,下半年投资任务压力大,为完成全年投资目标,随着九月份一些新项目手续的批复,近期铁路基建将掀起投资高潮。
ECONOMIC INFORMATION DAILY news, according to CHINA RAILWAY’s audit report of the first half of 2016, 264.6 billion yuan of railway infrastructure investment was completed, accounting for 43% of the annual investment objectives, which means 345.4 billion yuan needs to be completed in the second half of 2016. Industry insiders said that, comparing to last year, this year's railway construction seems to be slightly slow, the pressure of investment in the second half of 2016 will be fairly big, to complete the annual investment objectives, with the approval procedures of a number of new projects, the recent investment in railway infrastructure will set off a climax.
7、9月5日,《流通蓝皮书 中国商业发展报告(2016-2017)》由中国社科院财经战略研究院、冯氏集团利丰研究中心以及社科文献出版社共同发布。社科院专家表示,未来5年,我国社会消费品零售总额可望突破50万亿元。其中,至少40%将来自互联网销售的贡献。
On September 5th, "Blue Book of Circulation - China Business Development Report (2016-2017)" was issued jointly by National Academy of Economic Strategy of Chinese Academy of Social Science (CASS), Fung Business Intelligence Centre and SOCIAL SCIENCES ACADEMIC PRESS (CHINA). CASS experts say that in the next five years, China's total retail sales of social consumer goods is expected to reach 50 trillion yuan, among which at least 40% will be contributed by internet sales.
8、河南日报消息,从河南省财政厅获悉,今年河南省安排专项奖补资金21.8亿元大力支持煤炭钢铁行业去产能。专项奖补资金主要用于化解过剩产能过程中的职工安置,包括企业为退养职工按规定需缴纳的职工养老和医疗保险费等。
Henan Daily news learned from the Henan Province Department of Finance that this year, Henan Province arranges special rewards and subsidies of 2.18 billion yuan to strongly support the coal industry and iron and steel industry decapacity. The funds of special rewards and subsidies are mainly used for the placement of workers during the resolving of overcapacity, including the employee pension and medical insurance that enterprises pay to retired workers according to the provisions.
9、蚂蚁金服9月5日宣布,与联合国环境署达成战略合作,共同发起成立全球首个金融科技企业的绿色金融联盟。蚂蚁金服总裁井贤栋表示,未来每个人将有三个账户,包括资金账户,信用账户,“碳账户”。
ANT FINANCIAL announced a strategic partnership with the United Nations Environment Programme on September 5th, co-founding the world's first green financial technology alliance of finance technology enterprises. ANT FINANCIAL president Jing Xiandong said that in the future, everyone will have three accounts, which include a financial account, a credit accounts and a "carbon account."
10、日本央行行长黑田东彦表示,对于任何政策,都“无免费午餐”可言;但在利益大于成本、且尽快实现价格目标利益“巨大”的情况下,在放松政策上不应犹疑。日本央行仍有极大的进一步降息的空间。
Bank of Japan (BOJ) Governor Haruhiko Kuroda said that for any policy, there is "no free lunch" at all; but on the condition of benefits outweighing the costs and “great” interests with achieving the target price objective, there should be no hesitation for the relaxation in the policy. Bank of Japan still has great room to cut the interest rate further.
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