Lu Yuren – Pedestrian archery soars in the inner room ｜High Financial Tea

US stocks performed well, but the Hang Seng Index began to have retreating pressure at 16,000 points. The drop in mainland prices and the softness of A shares made Hong Kong stocks weak. ; the H-Share Index closed at 5,534 points, down 198 points. 67 points; Kezhi fell 63 points to close at 3280 points. The market turnover was 111.2 billion yuan. However, the market does not seem dull because of the market decline, because the long-sunk Chinese property stocks rose against the market trend, and some of the gains were worth seeing. Country rose Garden (2007) more than 13%, which is the top performing stock.

The recent rare strength of Chinese property stocks is due to the fact that the Association of Market Dealers, under the support and guidance of the People’s Bank of China, will promote and expand the bond financing support tools for private enterprises to support private enterprises by including real estate companies to issue debt financing. Internal media also described this as the second arrow in the “three arrows” to promote private enterprises.

The report cited that since 2018, in response to the financing difficulties faced by some private enterprises, with the approval of the State Council, the People’s Bank of China, together with relevant departments, adopted a policy combination of “three arrows” of the three. credit, bond and equity funding channels to support private initiatives to expand funding. The “Second Arrow” is financed by the re-lending of the People’s Bank of China, and trusts professional institutions to support private enterprises to issue debt financing through securities to increase credit, create credit risk mitigation certificates, and directly purchase bonds in in accordance with marketing principles and the rule of law. It is expected to support about 250 billion yuan of private enterprise bond financing, and the capacity will be further expanded depending on the situation. NAFMII said that the bond financing support instrument for private enterprises, as a “second arrow”, effectively guides market institutions to improve their risk appetite and the financing environment of private enterprises, effectively alleviates the problem of shrinking credit of private enterprises, and promoting the recovery of private enterprise funding.

The report also mentioned that ChinaBond Credit Enhancement Company was arranged to carry out bond financing and credit enhancement work of some private real estate enterprises recently, and achieved good results. The subsequent work will be integrated into the support tools for general promotion. In the future, with the expansion of the scope and scale of debt financing support for private enterprises, the role of support tools will be further fully brought in, which will help boost investor confidence, and especially help stabilize and expand funding private. initiatives.
China used Country Garden Crimson Credit Bond

There is not much direct mention of real estate companies in domestic media reports, but China Bond Credit has recently supported a number of domestic real estate companies to issue bonds, which has become a support point for the stabilization of many large companies in the inner room that is still in the dilemma the capital chain is like nectar that has not been satisfied for a long time, not to mention that the number is not capped yet, and it can be further expanded according to the situation .

Stimulated by the news, the mainland property market opened up and the general market was well established. Country Garden, which once issued bonds under the backing of China Bond Credit, rose sharply. A large stock rose another, Longfor (960), 4% to close at 13.94 yuan; Country Garden Services (6098) jumped up.4.44% to close at 10.82 yuan; CIFI (884) increased by 29% to close at 0.72 yuan; Jinke Service (9666) rose 3% to close at 12.04 yuan; China’s land resources (1109) rose 2.7% to close at 28.2 yuan. After the stock price massacre in October, Chinese property stocks have become extremely low. Although they have rebounded this month, many investors who have made low profits have not returned to their hometowns. From different signs, after the 20th National Congress of the Communist Party of China, the Central Committee began to help face the drag of the sluggish housing market on the economy, so the “arrow” hopes to solve the problem. Large land property stocks are high-risk sectors. If you want to earn high returns, it is appropriate to pay attention to repeated speculation of policy promotion and gradually increase the accumulated profit.

Gold stocks are another sector bucking the trend and doing well. The price of gold returned to $1,000. Zijin Mining (2899) rose 3% to close at 9.19 yuan, Shandong Gold (1787) rose 3.8% to close at 13.76 yuan; Zhaojin Mining (1818) jumped 4% to close at 7.96 yuan; China Gold International (2099) rose 3.65% to close at 21.3 yuan; China Silver (815) rose 7% to close at 0.3 yuan.
Alibaba’s share price is soft ahead of Singles Day

The market fell, mainly due to the troubles of the Internet stocks. Meituan (3690) fell 3% to close at 144.3 yuan; Bilibili (9626) fell 5% to close at 85.35 yuan; the weakest was Alibaba (9988), which did not rise when people rose. Alibaba fell 1.6 when people fell yesterday. %, closed at 66 yuan. This year, many Internet celebrities used “Douyin” to bring goods, threatening Ali’s online shopping. November 11 “Singles Day” is an online shopping day. Ali’s stock price is soft, which seems to reflect the performance of the market, concern.
Jin Riku