1. Brokerage rating, there are only two large brokerages in Class A, and only small and medium-sized brokerages in the others.
On Friday, the China Securities Association rated 12 domestic securities companies in Class A, 67 in Class B, and 19 in Class C for their investment banking business. Among the 12 Class A businesses, small and medium-sized brokerages account for more than half of the country, including Caixin**, Great Wall**, Huatai United, Jinyuan**, etc., and the only large-level brokerages are CICC and CITIC**. The sponsors of China Securities Construction Investment and Zhejiang Guoxiang, which are jointly and severally liable for the compensation case of Amethystum Storage, are all in Class B.
There are fewer A-level large brokerages in the first echelon, perhaps because the investment banking business has done more, and there are relatively more points deducted from the evaluation.
As a brokerage, the investment banking business should strengthen internal control management, and as the sponsor gatekeeper of the IPO project, it should strengthen the review of the company applying for fundraising, standardize management, and improve its own business capabilities, so as to better fulfill the responsibilities of the gatekeeper.
Second, in recent times, the pharmaceutical sector has returned to the public eye, and the market trading activity has increased, especially the performance of innovative drugs is still very good. In fact, medicine has been started since late October, and many people didn't care about it at first. With the extension of the duration, many people have begun to face it. So what are the factors behind this wave of medicine?
The logic of the pharmaceutical sector has been talked about a lot, such as the stimulation of drug news, the improvement of centralized procurement and anti-corruption, the end of the Federal Reserve's interest rate hike, the bottoming out of global pharmaceutical investment and financing, the improvement of the competition pattern of domestic innovative drugs, the domestic head innovative drug companies going overseas, and the public offering of ...... additional positions
Third, from the perspective of industry sectors, the differentiation is more obvious.
Communications, including the top gainers, rose by more than 25% for the yearThe media followed suit, with a cumulative increase of more than 16% during the yearState-owned banks surged 2258%, the annual line recorded three consecutive increases, and the annual line of joint-stock banks **205%, Rural Commercial Bank Year Line **14%, all of which recorded four consecutive declines;Computers, electronics, petroleum and petrochemicals also performed well;
The annual line of new energy fell by 3655%, beauty care year** over 32%, trade retail phenomenon ** over 31%, CSI medical phenomenon **2425%, real estate, power equipment, building materials, social services and other sectors have fallen by more than 20%, and the liquor annual line is **1691%。
Fourth, in addition, there is another important action, that is, the end of the Industrial Bank's ** call auction abnormal trading to hit the limit!Although the Shanghai Stock Exchange issued a briefing in the evening, there must be a demon when things go wrong, because there have been changes in several banks recently, such as the A-share market will reappear after 8 yearsGreat Wall Life Insurance was approved by the regulator to be a shareholder of Wuxi BankThere is also a bank in Shenzhen has been increased investment in the approval of the Securities Regulatory Commission and other news, the recent news of banks and brokerages related to the listing and mergers and acquisitions, which is often a signal of a reversal of the dilemma!Once big finance rises, are you still worried that **will not appear?
The first quarter of 2024 will be accompanied by favorable policy stimulus, coupled with the strengthening of the domestic exchange rate (the exchange rate against the US dollar is likely to recover to 6.8 line), foreign capital flocked to the **when** upward to regain the point mark;In the second quarter, with the performance of the annual report and the first quarter, the exchange rate weakened, and gradually fell back when it encountered the 10-quarter line near 3150 pointsIn the third quarter, it remained around 3000-3050 pointsIn the fourth quarter, with the Federal Reserve cutting interest rates several times, the domestic exchange rate rose, **will** regain the 3,100 and 3,200 points mark, but it is unlikely to touch the 3,300-point mark, and finally close a small mid-yang line with a small increase in volume in 2024.