1. There are many IPOs of new shares, with 5,600 at present, with a market value of nearly 10 billion, and now there are 8 billion; There is no strict mechanism for delisting, and the cost of counterfeiting is low; The end of the over-issuance of new shares is the continuous downturn and persistence.
According to statistics, up to now, 303 companies have been successfully listed during the year, with a total of 3,494 funds raised4.1 billion yuan. Among them, there are 107 companies listed on the Growth Enterprise Market, 74 companies listed on the Beijing Stock Exchange, 67 companies listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange, and 55 companies listed on the main boards of Shanghai and Shenzhen; The number of companies listed on the GEM is far ahead.
Second, on the news side, the main lithium carbonate contract plummeted, falling more than 2% to 103,000 yuan tons in a day. According to the data released by Shanghai Ganglian, the battery-grade lithium carbonate ** is 2000 yuan tons, and the average price is 10550,000 tons.
Separately, Germany's economy ministry said that Germany's electric vehicle subsidy program, which has paid about 10 billion euros since 2016, will end early on Monday, and no new electric vehicle subsidy applications will be accepted from December 19. Germany's Federal Constitutional Court recently slashed its budget by 60 billion euros and asked to shelve some plans aimed at accelerating Germany's green transition.
3. Blockbuster meeting of the central bank and foreign exchange bureau! The China Securities Regulatory Commission (CSRC) has issued two new rules in succession. The Party Committee of the People's Bank of China held an enlarged meeting to convey the spirit of the study and Xi Economic Work Conference and to study and implement the work. The meeting emphasized that counter-cyclical and cross-cyclical adjustments should be strengthened, credit should be guided to grow reasonably and in a balanced manner, and the quality and efficiency of financial support for the real economy should be improved. Promote financial stability legislation, accelerate the construction of financial stability guarantees, and firmly adhere to the bottom line of no systemic risks.
Fourth, the China Securities Regulatory Commission (CSRC) has issued two new regulations in succession to encourage listed companies to actively return to investors from the institutional and policy levels. Correspondingly, the major exchanges have also issued self-regulatory guidelines on relevant content, among which the Shanghai and Shenzhen ** exchanges have made differentiated dividend guidance arrangements in the self-regulatory rules in combination with the characteristics of enterprises in various sectors, fully considering the characteristics of growing enterprises.
On the whole, the new regulations aim to better meet the actual market and the needs of companies, improve the investor protection mechanism, and promote the smooth operation and healthy development of the capital market. If the company actively buys back ** is a good thing, because this is a long behavior, it is an equal purchase with investors, if it can be repurchased and cancelled, it is great, but this is not extravagant, because the domestic management has not yet reached this level of thinking, and there are very few companies that can repurchase and cancel a large number of companies.